Document:

Exhibit 10.1

  

   

  

  EQUITY PURCHASE AGREEMENT

  

  

  This equity purchase agreement is entered into as of August 28, 2018 (this “Agreement”),

    by and between XSport Global, Inc., a Wyoming corporation (the “Company”), and TRITON FUNDS LP, a Delaware limited partnership (the “Investor”).

  

  

  WHEREAS, the parties desire that, upon the terms and subject to
    the conditions contained herein, the Company shall issue and sell to the Investor, and the Investor shall purchase, One Million Dollars ($1,000,000) of the Company’s Common Stock (as defined below);

  

  

  NOW, THEREFORE, the parties hereto agree as follows:

  

  

  ARTICLE I

  CERTAIN DEFINITIONS

  

  

  Section 1.1          DEFINED TERMS.  As used in this Agreement, the following terms shall have the following meanings specified or indicated (such meanings to be equally applicable to both the singular and plural forms of the terms defined):

  

  

  “Agreement” shall have the meaning specified in the preamble hereof.

  

  

  “Bankruptcy Law” means Title 11, U.S. Code, or any similar federal or state
    law for the relief of debtors.

  

  

  “Claim Notice” shall have the meaning specified in Section 9.3(a).

  

  

  “Clearing Costs” shall mean all of the Investor’s broker and Transfer Agent
    fees, excluding commissions.

  

  

  “Clearing Date” shall be the date on which the Investor receives the Purchase
    Notice Shares as DWAC Shares in its brokerage account.

  

  

  “Closing” shall mean closing of the purchase and sale of shares of Common
    Stock pursuant to Section 2.3.

  

  

  “Closing Certificate” shall mean the closing certificate of the Company in
    the form of Exhibit B hereto.

  

  

  “Closing Date” shall mean the date that is six (6) Trading Days after the
    Clearing Date.

  

  

  “Commitment Amount” shall mean One Million Dollars ($1,000,000).

  

  

  “Commitment Period” shall mean the period commencing on the Execution Date
    and ending on the earlier of (i) the date on which the Investor shall have purchased Purchase Notice Shares pursuant to this Agreement equal to the Commitment Amount, (ii) December 31, 2018, or (iii) written notice of termination by the Company to the
    Investor upon a material breach of this Agreement by Investor.

   

  
    
      
 

  

  “Common Stock” shall mean the Company’s common stock, $0.001 value per share,
    and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of dividends (as and when declared) and assets (upon liquidation of the Company).

  

  

  “Common Stock Equivalents” means any securities of the Company or the
    Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or
    exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  

  

  “Company” shall have the meaning specified in the preamble to this Agreement.

  

  

  “Custodian” means any receiver, trustee, assignee, liquidator or similar
    official under any Bankruptcy Law.

  

  

  “Damages” shall mean any loss, claim, damage, liability, cost and expense
    (including, without limitation, reasonable attorneys’ fees and disbursements and costs and expenses of expert witnesses and investigation).

  

  

  “Dispute Period” shall have the meaning specified in Section 9.3(a).

  

  

  “DTC” shall mean The Depository Trust Company, or any successor performing
    substantially the same function for the Company.

  

  

  “DTC/FAST Program” shall mean the DTC’s Fast Automated Securities Transfer
    Program.

  

  

  “DWAC” shall mean Deposit Withdrawal at Custodian as defined by the DTC.

  

  

  “DWAC Eligible” shall mean that (a) the Common Stock is eligible at DTC for
    full services pursuant to DTC’s Operational Arrangements, including, without limitation, transfer through DTC’s DWAC system, (b) the Company has been approved (without revocation) by the DTC’s underwriting department, (c) the Transfer Agent is approved
    as an agent in the DTC/FAST Program, (d) the Purchase Notice Shares are otherwise eligible for delivery via DWAC, and (e) the Transfer Agent does not have a policy prohibiting or limiting delivery of the Purchase Notice Shares, as applicable, via DWAC.

  

  

  “DWAC Shares” means shares of Common Stock that are (i) issued in electronic
    form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified DWAC account with DTC under the DTC/FAST Program, or any similar program hereafter
    adopted by DTC performing substantially the same function.

  

  

  “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended,
    and the rules and regulations promulgated thereunder.

  

  

  “Exchange Cap” shall have the meaning set forth in Section 7.1(c).

   

  
    
      
 

  

  “Execution Date” shall mean the date of this Agreement.

  

  

  “FINRA” shall mean the Financial Industry Regulatory Authority, Inc.

  

  

  “Indemnified Party” shall have the meaning specified in Section 9.2.

  

  

  “Indemnifying Party” shall have the meaning specified in Section 9.2.

  

  

  “Indemnity Notice” shall have the meaning specified in Section 9.3(e).

  

  

  “Investment Amount” shall mean the Purchase Notice Shares referenced in the
    Purchase Notice multiplied by the Purchase Price.

  

  

  “Investor” shall have the meaning specified in the preamble to this
    Agreement.

  

  

  “Lien” means a lien, charge, pledge, security interest, encumbrance, right of
    first refusal, preemptive right or other restriction.

  

  

  “Material Adverse Effect” shall mean any effect on the business, operations,
    properties, or financial condition of the Company and the Subsidiaries that is material and adverse to the Company and the Subsidiaries and/or any condition, circumstance, or situation that would prohibit or otherwise materially interfere with the
    ability of the Company to enter into and perform its obligations under any Transaction Document.

  

  

  “Person” shall mean an individual, a corporation, a partnership, an
    association, a trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof.

  

  

  “Principal Market” shall mean any of the national exchanges (i.e. NYSE, NYSE
    AMEX, Nasdaq), or principal quotation systems (i.e. OTCQX, OTCQB, OTC Pink, the OTC Bulletin Board), or other principal exchange or recognized quotation system which is at the time the principal trading platform or market for the Common Stock.

  

  

  “Purchase Notice” shall mean the right of the Company through written notice,
    substantially in the form of Exhibit A hereto, to Investor setting forth the Purchase Notice Shares which the Company intends to require Investor to purchase pursuant to the terms of this Agreement.

  

  

  “Purchase Notice Shares” shall mean all shares of Common Stock issued, or
    that the Company shall be entitled to issue, per the Purchase Notice in accordance with the terms and conditions of this Agreement.

  

  

  “Purchase Price” shall be 70% of the volume weighted average price of the
    Common Stock the five Trading Days prior to the Closing Date.

  

  

  “Registration Statement” shall have the meaning specified in Section 6.3.

  

  

  “Regulation D” shall mean Regulation D promulgated under the Securities Act.

   

  
    
      
 

  

  “Rule 144” shall mean Rule 144 under the Securities Act or any similar
    provision then in force under the Securities Act.

  

  

  “SEC” shall mean the United States Securities and Exchange Commission.

  

  

  “SEC Documents” shall have the meaning specified in Section 4.5.

  

  

  “Securities” mean the Purchase Notice Shares.

  

  

  “Securities Act” shall mean the Securities Act of 1933, as amended.

  

  

  “Short Sales” shall mean all “short sales” as defined in Rule 200 of Regulation SHO under the Exchange Act.

  

  

  “Subsidiary” means any Person the Company wholly-owns or controls, or in
    which the Company, directly or indirectly, owns a majority of the voting stock or similar voting interest, in each case that would be disclosable pursuant to Item 601(b)(21) of Regulation S-K promulgated under the Securities Act.

  

  

  “Third Party Claim” shall have the meaning specified in Section 9.3(a).

  

  

  “Trading Day” shall mean a day on which the Principal Market shall be open
    for business.

  

  

  “Transaction Documents” shall mean this Agreement and all schedules and
    exhibits hereto and thereto.

  

  

  “Transfer Agent” shall mean the current transfer agent of the Company, and
    any successor transfer agent of the Company.

  

  

  ARTICLE II

  PURCHASE AND SALE OF COMMON STOCK

  

  

  Section 2.1          PURCHASE NOTICE.  Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its
      delivery to the Investor of the Purchase Notice, to purchase Purchase Notice Shares provided that the amount of Purchase Notice Shares shall not exceed the Beneficial Ownership Limitation set forth in Section 7.1(g).

  

  

  Section 2.2          MECHANICS.

  

  

  (a)         PURCHASE NOTICE.  At any time during the Commitment Period, except as provided in this Agreement, the Company may deliver the Purchase Notice to Investor, subject to satisfaction of the conditions set forth in Section 7.2 and
      otherwise provided herein. The Company shall deliver the Purchase Notice Shares as DWAC Shares to the Investor alongside the Purchase Notice.

   

  
    
      
 

  

  (b)        DATE OF DELIVERY OF PURCHASE NOTICE.  The Purchase Notice shall be deemed delivered on (i) the Trading Day it is received by email by the Investor if such notice is received on or prior to 8:30 a.m. New York time or (ii) the
      immediately succeeding Trading Day if it is received by email after 8:30 a.m. New York time on a Trading Day or at any time on a day which is not a Trading Day.

  

  

  Section 2.3         CLOSING.  The Closing of the Purchase Notice shall occur six (6) Trading Days following the Clearing Date, whereby the Investor, shall deliver the Investment Amount, by wire transfer of immediately available funds to an
      account designated by the Company. In addition, on or prior to the Closing, each of the Company and the Investor shall deliver to each other all documents, instruments and writings required to be delivered or reasonably requested by either of them
      pursuant to this Agreement in order to implement and effect the transactions contemplated herein.

  

  

  ARTICLE III

  REPRESENTATIONS AND WARRANTIES OF INVESTOR

  

  

  The Investor represents and warrants to the Company that:

  

  

  Section 3.1          INTENT.  The Investor is entering into this Agreement for its own account and the Investor has no present arrangement (whether or not legally binding) at any time to sell the Securities to or through any Person in
      violation of the Securities Act or any applicable state securities laws; provided, however, that
      the Investor reserves the right to dispose of the Securities at any time in accordance with federal and state securities laws applicable to such disposition.

  

  

  Section 3.2          NO LEGAL ADVICE FROM THE COMPANY.  The Investor acknowledges that it has had the opportunity to review this Agreement and the transactions contemplated by this Agreement with its own legal counsel and investment and tax
      advisors. The Investor is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the
      transactions contemplated by this Agreement or the securities laws of any jurisdiction.

  

  

  Section 3.3          ACCREDITED INVESTOR.  The Investor is an accredited investor as defined in Rule 501(a)(3) of Regulation D, and the Investor has such experience in business and financial matters that it is capable of evaluating the merits
      and risks of an investment in the Securities. The Investor acknowledges that an investment in the Securities is speculative and involves a high degree of risk.

  

  

  Section 3.4         AUTHORITY.  The Investor has the requisite power and authority to enter into and perform its obligations under the Transaction Documents and to consummate the transactions contemplated hereby and thereby. The execution and
      delivery of the Transaction Documents and the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary action and no further consent or authorization of the Investor is required. The
      Transaction Documents to which it is a party has been duly executed by the Investor, and when delivered by the Investor in accordance with the terms hereof, will constitute the valid and binding obligation of the Investor enforceable against it in
      accordance with its terms, subject to applicable bankruptcy, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of general application.

   

  
    
      
 

  

  Section 3.5          NOT AN AFFILIATE.  The Investor is not an officer, director or “affiliate” (as that term is defined in Rule 405 of the Securities Act) of the
      Company.

  

  

  Section 3.6          ORGANIZATION AND STANDING.  The Investor is an entity duly incorporated or formed, validly existing and in good standing under the laws of the jurisdiction of its incorporation or formation with full right, corporate,
      partnership, limited liability company or similar power and authority to enter into and to consummate the transactions contemplated by the Transaction Documents.

  

  

  Section 3.7         ABSENCE OF CONFLICTS.  The execution and delivery of the Transaction Documents, and the consummation of the transactions contemplated hereby and thereby and compliance with the requirements hereof and thereof, will not (a)
      violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on the Investor, (b) violate any provision of any indenture, instrument or agreement to which the Investor is a party or is subject, or by which the
      Investor or any of its assets is bound, or conflict with or constitute a material default thereunder, (c) result in the creation or imposition of any lien pursuant to the terms of any such indenture, instrument or agreement, or constitute a breach of
      any fiduciary duty owed by the Investor to any third party, or (d) require the approval of any third-party (that has not been obtained) pursuant to any material contract, instrument, agreement, relationship or legal obligation to which the Investor
      is subject or to which any of its assets, operations or management may be subject.

  

  

  Section 3.8          DISCLOSURE; ACCESS TO INFORMATION.  The Investor had an opportunity to review copies of the SEC Documents filed on behalf of the Company and has had access to all publicly available information with respect to the Company.

  

  

  Section 3.9         MANNER OF SALE.  At no time was the Investor presented with or solicited by or through any leaflet, public promotional meeting, television advertisement or any other form of general solicitation or advertising.

  

  

  ARTICLE IV

  REPRESENTATIONS AND WARRANTIES OF THE COMPANY

  

  

  The Company represents and warrants to the Investor that, except as disclosed in the SEC Documents or except as set forth in the disclosure schedules
    hereto:

  

  

  Section 4.1          ORGANIZATION OF THE COMPANY.  The Company and each of the Subsidiaries is an entity duly incorporated or otherwise organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or
      organization, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted. Neither the Company nor any Subsidiary is in violation nor default of any of the provisions of its
      respective certificate or articles of incorporation, bylaws or other organizational or charter documents. Each of the Company and the Subsidiaries is duly qualified to conduct business and is in good standing as a foreign corporation or other entity
      in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, could not have or reasonably be
      expected to result in a Material Adverse Effect and no proceeding has been instituted in any such jurisdiction revoking, limiting or curtailing or seeking to revoke, limit or curtail such power and authority or qualification.

   

  
    
      
 

  

  Section 4.2         AUTHORITY.  The Company has the requisite corporate power and authority to enter into and perform its obligations under the Transaction Documents. The execution and delivery of the Transaction Documents by the Company and
      the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action and no further consent or authorization of the Company or its Board of Directors or stockholders is required. The
      Transaction Documents have been duly executed and delivered by the Company and constitutes a valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by
      applicable bankruptcy, insolvency, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of general application.

  

  

  Section 4.3          CAPITALIZATION.  As of the date hereof, the authorized capital stock of the Company consists of 500,000,000 shares of Common Stock, par value of $0.001 per share, of which approximately 90,970,139 shares of Common Stock
      are issued and outstanding. Except as set forth on Schedule 4.3, the Company has not issued any capital stock since its most recently filed periodic report under the
      Exchange Act, other than pursuant to the exercise of employee stock options under the Company’s stock option plans, the issuance of shares of Common Stock to employees pursuant to the Company’s employee stock purchase plans and pursuant to the
      conversion and/or exercise of Common Stock Equivalents outstanding as of the date of the most recently filed periodic report under the Exchange Act. No Person has any right of first refusal, preemptive right, right of participation, or any similar
      right to participate in the transactions contemplated by the Transaction Documents. Except as set forth on Schedule 4.3 and except as a result of the purchase and sale of
      the Securities, there are no outstanding options, warrants, scrip rights to subscribe to, calls or commitments of any character whatsoever relating to, or securities, rights or obligations convertible into or exercisable or exchangeable for, or
      giving any Person any right to subscribe for or acquire any shares of Common Stock, or contracts, commitments, understandings or arrangements by which the Company or any Subsidiary is or may become bound to issue additional shares of Common Stock or
      Common Stock Equivalents. The issuance and sale of the Securities will not obligate the Company to issue shares of Common Stock or other securities to any Person (other than the Investor) and will not result in a right of any holder of Company
      securities to adjust the exercise, conversion, exchange or reset price under any of such securities. There are no stockholders agreements, voting agreements or other similar agreements with respect to the Company’s capital stock to which the Company
      is a party or, to the knowledge of the Company, between or among any of the Company’s stockholders.

   

  
    
      
 

  

  Section 4.4          LISTING AND MAINTENANCE REQUIREMENTS.  The Common Stock is registered pursuant to Section 12(b) or 12(g) of the Exchange Act, and the Company has taken no action designed to, or which to its knowledge is likely to have the
      effect of, terminating the registration of the Common Stock under the Exchange Act nor has the Company received any notification that the SEC is contemplating terminating such registration. The Company has not, in the twelve (12) months preceding the
      date hereof, received notice from the Principal Market on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the listing or maintenance requirements of such Principal Market. The Company is
      and has no reason to believe that it will not in the foreseeable future continue to be, in compliance with all such listing and maintenance requirements.

  

  

  Section 4.5          SEC DOCUMENTS; DISCLOSURE.  Except as set forth on Schedule 4.5, the Company has filed all reports, schedules, forms, statements and other
      documents required to be filed by the Company under the Securities Act and the Exchange Act, including pursuant to Section 13(a) or 15(d) thereof, for the one (1) year preceding the date hereof (or such shorter period as the Company was required by
      law or regulation to file such material) (the foregoing materials, including the exhibits thereto and documents incorporated by reference therein, being collectively referred to herein as the “SEC Documents”) on a timely basis or has received a valid extension of such time of filing and has filed any such SEC Documents prior to the expiration of any such extension. As of their respective dates, the SEC Documents
      complied in all material respects with the requirements of the Securities Act and the Exchange Act, as applicable, and other federal laws, rules and regulations applicable to such SEC Documents, and none of the SEC Documents when filed contained any
      untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading. The financial
      statements of the Company included in the SEC Documents comply as to form and substance in all material respects with applicable accounting requirements and the published rules and regulations of the SEC or other applicable rules and regulations with
      respect thereto. Such financial statements have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the periods involved (except (a) as may be otherwise indicated in such financial statements
      or the notes thereto or (b) in the case of unaudited interim statements, to the extent they may not include footnotes or may be condensed or summary statements) and fairly present in all material respects the financial position of the Company as of
      the dates thereof and the results of operations and cash flows for the periods then ended (subject, in the case of unaudited statements, to normal, immaterial, year-end audit adjustments). Except with respect to the material terms and conditions of
      the transactions contemplated by the Transaction Documents, the Company confirms that neither it nor any other Person acting on its behalf has provided the Investor or its agents or counsel with any information that it believes constitutes or might
      constitute material, non-public information. The Company understands and confirms that the Investor will rely on the foregoing representation in effecting transactions in securities of the Company.

  

  

  Section 4.6          VALID ISSUANCES.  The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid, and non-assessable, free and clear of
      all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

   

  
    
      
 

  

  Section 4.7          NO CONFLICTS.  The execution, delivery and performance of the Transaction Documents by the Company and the consummation by the Company of the transactions contemplated hereby and thereby, including, without limitation, the
      issuance of the Purchase Notice Shares, do not and will not: (a) result in a violation of the Company’s or any Subsidiary’s certificate or articles of incorporation, by-laws or other organizational or charter documents, (b) conflict with, or
      constitute a material default (or an event that with notice or lapse of time or both would become a material default) under, result in the creation of any Lien upon any of the properties or assets of the Company or any Subsidiary, or give to others
      any rights of termination, amendment, acceleration or cancellation of, any agreement, indenture, instrument or any “lock-up” or similar provision of any underwriting or
      similar agreement to which the Company or any Subsidiary is a party, or (c) result in a violation of any federal, state or local law, rule, regulation, order, judgment or decree (including federal and state securities laws and regulations) applicable
      to the Company or any Subsidiary or by which any property or asset of the Company or any Subsidiary is bound or affected (except for such conflicts, defaults, terminations, amendments, accelerations, cancellations and violations as would not,
      individually or in the aggregate, have a Material Adverse Effect) nor is the Company otherwise in violation of, conflict with or in default under any of the foregoing. The business of the Company is not being conducted in violation of any law,
      ordinance or regulation of any governmental entity, except for possible violations that either singly or in the aggregate do not and will not have a Material Adverse Effect. The Company is not required under federal, state or local law, rule or
      regulation to obtain any consent, authorization or order of, or make any filing or registration with, any court or governmental agency in order for it to execute, deliver or perform any of its obligations under the Transaction Documents (other than
      any SEC, FINRA or state securities filings that may be required to be made by the Company subsequent to any Closing or any registration statement that may be filed pursuant hereto); provided that, for purposes of the representation made in this
      sentence, the Company is assuming and relying upon the accuracy of the relevant representations and agreements of Investor herein.

  

  

  Section 4.8          NO MATERIAL ADVERSE CHANGE.  No event has occurred that would have a Material Adverse Effect on the Company that has not been disclosed in subsequent SEC filings.

  

  

  Section 4.9          LITIGATION AND OTHER PROCEEDINGS.  Except as disclosed in the SEC Documents or as set forth on Schedule 4.9, there are no actions, suits, investigations, inquiries or proceedings pending or, to the knowledge of the
      Company, threatened against or affecting the Company, any Subsidiary or any of their respective properties, nor has the Company received any written or oral notice of any such action, suit, proceeding, inquiry or investigation, which would have a
      Material Adverse Effect. No judgment, order, writ, injunction or decree or award has been issued by or, to the knowledge of the Company, requested of any court, arbitrator or governmental agency which would have a Material Adverse Effect. There has
      not been, and to the knowledge of the Company, there is not pending or contemplated, any investigation by the SEC involving the Company, any Subsidiary or any current or former director or officer of the Company or any Subsidiary.

  

  

  Section 4.10        REGISTRATION RIGHTS.  Except as set forth on Schedule 4.10, no Person (other than the Investor) has any right to cause the Company to effect the registration under the Securities Act of any securities of the Company or any
      Subsidiary.

   

  
    
      
 

  

  ARTICLE V

  COVENANTS OF INVESTOR

  

  

  Section 5.1          COMPLIANCE WITH LAW; TRADING IN SECURITIES.  The Investor’s trading activities with respect to shares of Common Stock will be in compliance with all applicable state and federal securities laws and regulations and the
      rules and regulations of FINRA and the Principal Market.

  

  

  Section 5.2          SHORT SALES AND CONFIDENTIALITY.  Neither the Investor, nor any affiliate of the Investor acting on its behalf or pursuant to any understanding with it, will execute any Short Sales during the period from the date hereof
      to the end of the Commitment Period. For the purposes hereof, and in accordance with Regulation SHO, the sale after delivery of the Purchase Notice of such number of shares of Common Stock reasonably expected to be purchased under the Purchase Notice
      shall not be deemed a Short Sale. The Investor shall, until such time as the transactions contemplated by the Transaction Documents are publicly disclosed by the Company in accordance with the terms of the Transaction Documents, maintain the
      confidentiality of the existence and terms of this transaction and the information included in the Transaction Documents.

  

  

  ARTICLE VI

  COVENANTS OF THE COMPANY

  

  

  Section 6.1          LISTING OF COMMON STOCK.  The Company shall promptly secure the listing of all of the Purchase Notice Shares to be issued to the Investor hereunder on the Principal Market (subject to official notice of issuance) and shall
      use commercially reasonable best efforts to maintain, so long as any shares of Common Stock shall be so listed, the listing of all such Purchase Notice Shares from time to time issuable hereunder. The Company shall use its commercially reasonable
      efforts to continue the listing and trading of the Common Stock on the Principal Market (including, without limitation, maintaining sufficient net tangible assets) and will comply in all respects with the Company’s reporting, filing and other
      obligations under the bylaws or rules of FINRA and the Principal Market.

  

  

  Section 6.2          EQUITY LINES AND CONVERTIBLE NOTES.  So long as this Agreement remains in effect, the Company covenants and agrees that it will not, without the prior written consent of the Investor, enter into an equity line of credit or
      variable rate convertible note agreement. For the avoidance of doubt, nothing contained in the Transaction Documents shall restrict, or require the Investor’s consent for, any agreement providing for the issuance or distribution of any equity
      securities of the Company pursuant to any agreement or arrangement that is not covered in this Section 6.2.

  

  

  Section 6.3          FILING OF CURRENT REPORT AND REGISTRATION STATEMENT.  The Company agrees that it shall file a Current Report on Form 8-K, including the Transaction Documents as exhibits thereto, with the SEC within the time required by
      the Exchange Act, relating to the transactions contemplated by, and describing the material terms and conditions of, the Transaction Documents (the “Current Report”). The
      Company shall permit the Investor to review and comment upon the final pre-filing draft version of the Current Report at least two (2) Trading Days prior to its filing with the SEC, and the Company shall give reasonable consideration to all such
      comments. The Investor shall use its reasonable best efforts to comment upon the final pre-filing draft version of the Current Report within one (1) Trading Day from the date the Investor receives it from the Company. The Company shall also file with
      the SEC, within thirty (30) calendar days from the date hereof, a new registration statement (the “Registration Statement”) covering only the resale of the Purchase Notice
      Shares.

   

  
    
      
 

  

  ARTICLE VII

  CONDITIONS TO DELIVERY OF

  PURCHASE NOTICE NOTICES AND CONDITIONS TO CLOSING

  

  

  Section 7.1          CONDITIONS PRECEDENT TO THE RIGHT OF THE COMPANY TO ISSUE AND SELL PURCHASE NOTICE SHARES.  The right of the Company to issue and sell the Purchase Notice Shares to the Investor is subject to the satisfaction of each of
      the conditions set forth below:

  

  

  (a)         ACCURACY OF INVESTOR’S REPRESENTATIONS AND WARRANTIES.  The representations and warranties of the Investor shall be true and correct in all material respects as of the date of this Agreement and as of the date of each Closing
      as though made at each such time.

  

  

  (b)         PERFORMANCE BY INVESTOR.  Investor shall have performed, satisfied and complied in all respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the
      Investor at or prior to such Closing.

  

  

  (c)         PRINCIPAL MARKET REGULATION.  The Company shall not issue any Purchase Notice Shares, and the Investor shall not have the right to receive any Purchase Notice Shares, if the issuance of such Purchase Notice Shares would exceed
      the aggregate number of shares of Common Stock which the Company may issue without breaching the Company’s obligations under the rules or regulations of the Principal Market (the “Exchange

          Cap”).

  

  

  Section 7.2          CONDITIONS PRECEDENT TO THE OBLIGATION OF INVESTOR TO PURCHASE PURCHASE NOTICE SHARES.  The obligation of the Investor hereunder to purchase Purchase Notice Shares is subject to the satisfaction of each of the following
      conditions:

  

  

  (a)         EFFECTIVE REGISTRATION STATEMENT.  The Registration Statement, and any amendment or supplement thereto, shall remain effective for the resale by the Investor of the Purchase Notice Shares and (i) neither the Company nor the
      Investor shall have received notice that the SEC has issued or intends to issue a stop order with respect to such Registration Statement or that the SEC otherwise has suspended or withdrawn the effectiveness of such Registration Statement, either
      temporarily or permanently, or intends or has threatened to do so and (ii) no other suspension of the use of, or withdrawal of the effectiveness of, such Registration Statement or related prospectus shall exist.

  

  

  (b)        ACCURACY OF THE COMPANY’S REPRESENTATIONS AND WARRANTIES.  The representations and warranties of the Company shall be true and correct in all material respects as of the date of this Agreement and as of the date of each
      Closing (except for representations and warranties specifically made as of a particular date).

   

  
    
      
 

  

  (c)         PERFORMANCE BY THE COMPANY.  The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied
      with by the Company.

  

  

  (d)         NO INJUNCTION.  No statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or adopted by any court or governmental authority of competent jurisdiction that
      prohibits or directly and materially adversely affects any of the transactions contemplated by the Transaction Documents, and no proceeding shall have been commenced that may have the effect of prohibiting or materially adversely affecting any of the
      transactions contemplated by the Transaction Documents.

  

  

  (e)         ADVERSE CHANGES.  Since the date of filing of the Company’s most recent SEC Document, no event that had or is reasonably likely to have a Material Adverse Effect has occurred.

  

  

  (f)          NO SUSPENSION OF TRADING IN OR DELISTING OF COMMON STOCK.  The trading of the Common Stock shall not have been suspended by the SEC, the Principal Market or FINRA, or otherwise halted for any reason, and the Common Stock shall
      have been approved for listing or quotation on and shall not have been delisted from the Principal Market. In the event of a suspension, delisting, or halting for any reason, of the trading of the Common Stock, as contemplated by this Section 7.2(f),
      the Investor shall have the right to return to the Company any amount of Purchase Notice Shares associated with such Purchase Notice, and the Investment Amount with respect to such Purchase Notice shall be reduced accordingly.

  

  

  (g)         BENEFICIAL OWNERSHIP LIMITATION.  The number of Purchase Notice Shares then to be purchased by the Investor shall not exceed the number of such shares that, when aggregated with all other shares of Common Stock then owned by
      the Investor beneficially or deemed beneficially owned by the Investor, would result in the Investor owning more than the Beneficial Ownership Limitation (as defined below), as determined in accordance with Section 16 of the Exchange Act and the
      regulations promulgated thereunder. For purposes of this Section 7.2(g), in the event that the amount of Common Stock outstanding, as determined in accordance with Section 16 of the Exchange Act and the regulations promulgated thereunder, is greater
      on the Closing Date than on the date upon which the Purchase Notice associated with the Closing Date is given, the amount of Common Stock outstanding on the Closing Date shall govern for purposes of determining whether the Investor, when aggregating
      all purchases of Common Stock made pursuant to this Agreement, would own more than the Beneficial Ownership Limitation following the Closing Date. The “Beneficial Ownership Limitation”
      shall be 4.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable pursuant to the Purchase Notice.

  

  

  (h)         PRINCIPAL MARKET REGULATION.  The issuance of the Purchase Notice Shares shall not exceed the Exchange Cap.

   

  
    
      
 

  

  (i)          NO KNOWLEDGE.  The Company shall have no knowledge of any event more likely than not to have the effect of causing the Registration Statement to be suspended or otherwise ineffective (which event is more likely than not to
      occur within the fifteen (15) Trading Days following the Trading Day on which the Purchase Notice is deemed delivered).

  

  

  (j)          NO VIOLATION OF SHAREHOLDER APPROVAL REQUIREMENT.  The issuance of the Purchase Notice Shares shall not violate the shareholder approval requirements of the Principal Market.

  

  

  (k)         OFFICER’S CERTIFICATE.  On the date of delivery of each Purchase Not, the Investor shall have received the Closing Certificate executed by an executive officer of the Company and to the effect that all the conditions to such
      Closing shall have been satisfied as of the date of each such certificate.

  

  

  (l)          DWAC ELIGIBLE.  The Common Stock must be DWAC Eligible and not subject to a “DTC chill.”

  

  

  (m)        SEC DOCUMENTS.  All reports, schedules, registrations, forms, statements, information and other documents required to have been filed by the Company with the SEC pursuant to the reporting requirements of the Exchange Act shall
      have been filed with the SEC within the applicable time periods prescribed for such filings under the Exchange Act.

  

  

  ARTICLE VIII

  LEGENDS

  

  

  Section 8.1          NO RESTRICTIVE STOCK LEGEND.  No restrictive stock legend shall be placed on the share certificates representing the Purchase Notice Shares.

  

  

  Section 8.2          INVESTOR’S COMPLIANCE.  Nothing in this Article VIII shall affect in any way the Investor’s obligations hereunder to comply with all applicable securities laws upon the sale of the Common Stock.

  

  

  ARTICLE IX

  NOTICES; INDEMNIFICATION

  

  

  Section 9.1          NOTICES.  All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing and, unless otherwise specified herein, shall be (a) personally served, (b)
      deposited in the mail, registered or certified, return receipt requested, postage prepaid, (c) delivered by reputable air courier service with charges prepaid, or (d) transmitted by hand delivery, telegram, or email as a PDF, addressed as set forth
      below or to such other address as such party shall have specified most recently by written notice given in accordance herewith. Any notice or other communication required or permitted to be given hereunder shall be deemed effective (i) upon hand
      delivery or delivery by email at the address designated below (if delivered on a business day during normal business hours where such notice is to be received), or the first business day following such delivery (if delivered other than on a business
      day during normal business hours where such notice is to be received) or (ii) on the second business day following the date of mailing by express courier service or on the fifth business day after deposited in the mail, in each case, fully prepaid,
      addressed to such address, or upon actual receipt of such mailing, whichever shall first occur.

   

  
    
      
 

  

  The addresses for such communications shall be:

  

  

  If to the Company:

  

  

  XSport Global, Inc.

  1800 Camden Road, #107-196

  

  Charlotte, NC 28203

  

  Email:  robert@xsportglobal.com

  

  

  With a copy (which shall not constitute notice) to:

  

  

  Kane Kessler, P.C.

  666 Third Avenue

  New York, NY 10017

  Attn: Peter Campitiello, Esq.

  Email: pcampitiello@kanekessler.com

   

  If to the Investor:

   

  TRITON FUNDS LLC

  1262 Prospect Street

  La Jolla, CA 92037

  Email: tritonfunds@tritonfunds.com

  

  

  Either party hereto may from time to time change its address or email for notices under this Section 9.1 by giving at least ten (10) days’ prior written notice of such
    changed address to the other party hereto.

  

  

  Section 9.2          INDEMNIFICATION.  Each party (an “Indemnifying Party”) agrees to indemnify and hold harmless the other party along with its officers, directors,
      employees, and authorized agents, and each Person or entity, if any, who controls such party within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (an “Indemnified

          Party”) from and against any Damages, joint or several, and any action in respect thereof to which the Indemnified Party becomes subject to, resulting from, arising out of or relating to (i) any misrepresentation, breach of warranty or
      nonfulfillment of or failure to perform any covenant or agreement on the part of the Indemnifying Party contained in this Agreement, (ii) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement or
      any post-effective amendment thereof or supplement thereto, or the omission or alleged omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading, (iii) any untrue statement or
      alleged untrue statement of a material fact contained in any preliminary prospectus or contained in the final prospectus (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 the light of the circumstances under which the statements therein were made, not misleading, or (iv) any violation or alleged violation by the
      Company of the Securities Act, the Exchange Act, any state securities law or any rule or regulation under the Securities Act, the Exchange Act or any state securities law, as such Damages are incurred, except to the extent such Damages result
      primarily from the Indemnified Party’s failure to perform any covenant or agreement contained in this Agreement or the Indemnified Party’s negligence, recklessness or bad faith in performing its obligations under this Agreement; provided, however, that the foregoing indemnity agreement shall not apply to any Damages of an
      Indemnified Party to the extent, but only to the extent, arising out of or based upon any untrue statement or alleged untrue statement or omission or alleged omission made by an Indemnifying Party in reliance upon and in conformity with written
      information furnished to the Indemnifying Party by the Indemnified Party expressly for use in the Registration Statement, any post-effective amendment thereof or supplement thereto, or any preliminary prospectus or final prospectus (as amended or
      supplemented).

   

  
    
      
 

  

  Section 9.3          METHOD OF ASSERTING INDEMNIFICATION CLAIMS.  All claims for indemnification by any Indemnified Party under Section 9.2 shall be asserted and resolved as follows:

  

  

  (a)         In the event any claim or demand in respect of which an
      Indemnified Party might seek indemnity under Section 9.2 is asserted against or sought to be collected from such Indemnified Party by a Person other than a party hereto or an affiliate thereof (a “Third Party Claim”), the Indemnified Party shall deliver a written notification, enclosing a copy of all papers served, if any, and specifying the nature of and basis for such Third Party Claim and for the Indemnified Party’s
      claim for indemnification that is being asserted under any provision of Section 9.2 against an Indemnifying Party, together with the amount or, if not then reasonably ascertainable, the estimated amount, determined in good faith, of such Third Party
      Claim (a “Claim Notice”) with reasonable promptness to the Indemnifying Party. If the Indemnified Party fails to provide the Claim Notice with reasonable promptness after the
      Indemnified Party receives notice of such Third Party Claim, the Indemnifying Party shall not be obligated to indemnify the Indemnified Party with respect to such Third Party Claim to the extent that the Indemnifying Party’s ability to defend has
      been prejudiced by such failure of the Indemnified Party. The Indemnifying Party shall notify the Indemnified Party as soon as practicable within the period ending thirty (30) calendar days following receipt by the Indemnifying Party of either a
      Claim Notice or an Indemnity Notice (as defined below) (the “Dispute Period”) whether the Indemnifying Party disputes its liability or the amount of its liability to the
      Indemnified Party under Section 9.2 and whether the Indemnifying Party desires, at its sole cost and expense, to defend the Indemnified Party against such Third Party Claim.

  

  

  (i)          If the Indemnifying Party notifies the Indemnified Party
      within the Dispute Period that the Indemnifying Party desires to defend the Indemnified Party with respect to the Third Party Claim pursuant to this Section 9.3(a), then the Indemnifying Party shall have the right to defend, with counsel reasonably
      satisfactory to the Indemnified Party, at the sole cost and expense of the Indemnifying Party, such Third Party Claim by all appropriate proceedings, which proceedings shall be vigorously and diligently prosecuted by the Indemnifying Party to a final
      conclusion or will be settled at the discretion of the Indemnifying Party (but only with the consent of the Indemnified Party in the case of any settlement that provides for any relief other than the payment of monetary damages or that provides for
      the payment of monetary damages as to which the Indemnified Party shall not be indemnified in full pursuant to Section 9.2). The Indemnifying Party shall have full control of such defense and proceedings, including any compromise or settlement thereof; provided, however, that the Indemnified Party may, at the sole cost and expense of the
      Indemnified Party, at any time prior to the Indemnifying Party’s delivery of the notice referred to in the first sentence of this clause (i), file any motion, answer or other pleadings or take any other action that the Indemnified Party reasonably
      believes to be necessary or appropriate to protect its interests; and provided, further, that if
      requested by the Indemnifying Party, the Indemnified Party will, at the sole cost and expense of the Indemnifying Party, provide reasonable cooperation to the Indemnifying Party in contesting any Third Party Claim that the Indemnifying Party elects
      to contest. The Indemnified Party may participate in, but not control, any defense or settlement of any Third Party Claim controlled by the Indemnifying Party pursuant to this clause (i), and except as provided in the preceding sentence, the
      Indemnified Party shall bear its own costs and expenses with respect to such participation. Notwithstanding the foregoing, the Indemnified Party may take over the control of the defense or settlement of a Third Party Claim at any time if it
      irrevocably waives its right to indemnity under Section 9.2 with respect to such Third Party Claim.

   

  
    
      
 

  

  (ii)         If the Indemnifying Party fails to notify the Indemnified
      Party within the Dispute Period that the Indemnifying Party desires to defend the Third Party Claim pursuant to Section 9.3(a), or if the Indemnifying Party gives such notice but fails to prosecute vigorously and diligently or settle the Third Party
      Claim, or if the Indemnifying Party fails to give any notice whatsoever within the Dispute Period, then the Indemnified Party shall have the right to defend, at the sole cost and expense of the Indemnifying Party, the Third Party Claim by all
      appropriate proceedings, which proceedings shall be prosecuted by the Indemnified Party in a reasonable manner and in good faith or will be settled at the discretion of the Indemnified Party(with the consent of the Indemnifying Party, which consent
      will not be unreasonably withheld). The Indemnified Party will have full control of such defense and proceedings, including any compromise or settlement thereof; provided, however, that if requested by the Indemnified Party, the Indemnifying Party
      will, at the sole cost and expense of the Indemnifying Party, provide reasonable cooperation to the Indemnified Party and its counsel in contesting any Third Party Claim which the Indemnified Party is contesting. Notwithstanding the foregoing
      provisions of this clause (ii), if the Indemnifying Party has notified the Indemnified Party within the Dispute Period that the Indemnifying Party disputes its liability or the amount of its liability hereunder to the Indemnified Party with respect
      to such Third Party Claim and if such dispute is resolved in favor of the Indemnifying Party in the manner provided in clause (iii) below, the Indemnifying Party will not be required to bear the costs and expenses of the Indemnified Party’s defense
      pursuant to this clause (ii) or of the Indemnifying Party’s participation therein at the Indemnified Party’s request, and the Indemnified Party shall reimburse the Indemnifying Party in full for all reasonable costs and expenses incurred by the
      Indemnifying Party in connection with such litigation. The Indemnifying Party may participate in, but not control, any defense or settlement controlled by the Indemnified Party pursuant to this clause (ii), and the Indemnifying Party shall bear its
      own costs and expenses with respect to such participation.

  

  

  (iii)        If the Indemnifying Party notifies the Indemnified Party
      that it does not dispute its liability or the amount of its liability to the Indemnified Party with respect to the Third Party Claim under Section 9.2 or fails to notify the Indemnified Party within the Dispute Period whether the Indemnifying Party
      disputes its liability or the amount of its liability to the Indemnified Party with respect to such Third Party Claim, the amount of Damages specified in the Claim Notice shall be conclusively deemed a liability of the Indemnifying Party under
      Section 9.2 and the Indemnifying Party shall pay the amount of such Damages to the Indemnified Party on demand. If the Indemnifying Party has timely disputed its liability or the amount of its liability with respect to such claim, the Indemnifying
      Party and the Indemnified Party shall proceed in good faith to negotiate a resolution of such dispute; provided, however, that if the dispute is not resolved within thirty (30) days after the Claim Notice, the Indemnifying Party shall be entitled to institute such legal action as it deems appropriate.

   

  
    
      
 

  

  (b)        In the event any Indemnified Party should have a claim
      under Section 9.2 against the Indemnifying Party that does not involve a Third Party Claim, the Indemnified Party shall deliver a written notification of a claim for indemnity under Section 9.2 specifying the nature of and basis for such claim,
      together with the amount or, if not then reasonably ascertainable, the estimated amount, determined in good faith, of such claim (an “Indemnity Notice”) with reasonable
      promptness to the Indemnifying Party. The failure by any Indemnified Party to give the Indemnity Notice shall not impair such party’s rights hereunder except to the extent that the Indemnifying Party demonstrates that it has been irreparably
      prejudiced thereby. If the Indemnifying Party notifies the Indemnified Party that it does not dispute the claim or the amount of the claim described in such Indemnity Notice or fails to notify the Indemnified Party within the Dispute Period whether
      the Indemnifying Party disputes the claim or the amount of the claim described in such Indemnity Notice, the amount of Damages specified in the Indemnity Notice will be conclusively deemed a liability of the Indemnifying Party under Section 9.2 and
      the Indemnifying Party shall pay the amount of such Damages to the Indemnified Party on demand. If the Indemnifying Party has timely disputed its liability or the amount of its liability with respect to such claim, the Indemnifying Party and the
      Indemnified Party shall proceed in good faith to negotiate a resolution of such dispute; provided, however, that if the dispute is not resolved within thirty (30) days after the Claim Notice, the Indemnifying Party shall be entitled to institute such
      legal action as it deems appropriate.

  

  

  (c)         The Indemnifying Party agrees to pay the Indemnified
      Party, 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.

  

  

  (d)         The indemnity provisions contained herein shall be in
      addition to (i) any cause of action or similar rights of the Indemnified Party against the Indemnifying Party or others, and (ii) any liabilities the Indemnifying Party may be subject to.

  

  

  ARTICLE X

  MISCELLANEOUS

  

  

  Section 10.1        GOVERNING LAW; JURISDICTION.  This Agreement shall be governed by and interpreted in accordance with the laws of the State of California without regard to the principles of conflicts of law. Each of the Company and the
      Investor hereby submits to the exclusive jurisdiction of the United States federal and state courts located in California, County of Los Angeles, with respect to any dispute arising under the Transaction Documents or the transactions contemplated
      thereby.

  

  

  Section 10.2        JURY TRIAL WAIVER.  The Company and the Investor hereby waive a trial by jury in any action, proceeding or counterclaim brought by either of the parties hereto against the other in respect of any matter arising out of or
      in connection with the Transaction Documents.

   

  
    
      
 

  

  Section 10.3        ASSIGNMENT.  The Transaction Documents shall be binding upon and inure to the benefit of the Company and the Investor and their respective successors. Neither this Agreement nor any rights of the Investor or the Company
      hereunder may be assigned by either party to any other Person.

  

  

  Section 10.4        NO THIRD-PARTY BENEFICIARIES.  This Agreement is intended for the benefit of the Company and the Investor and their respective successors, and is not for the benefit of, nor may any provision hereof be enforced by, any
      other Person, except as set forth in Section 9.3.

  

  

  Section 10.5        TERMINATION.  The Company may terminate this Agreement at any time by written notice to the Investor in the event of a material breach of this Agreement by the Investor. In addition, this Agreement shall automatically
      terminate on the earlier of (i) the end of the Commitment Period; (ii) the date that the Company sells and the Investor purchases the Commitment Amount; (iii) the date in which the Registration Statement is no longer effective, or (iv) the date that,
      pursuant to or within the meaning of any Bankruptcy Law, the Company commences a voluntary case or any Person commences a proceeding against the Company, a Custodian is appointed for the Company or for all or substantially all of its property or the
      Company makes a general assignment for the benefit of its creditors; provided, however, that the provisions of Articles III, IV, V, VI, IX and the agreements and covenants of the Company and the Investor set forth in Article X shall survive the
      termination of this Agreement.

  

  

  Section 10.6        ENTIRE AGREEMENT.  The Transaction Documents, together with the exhibits and schedules thereto, contain the entire understanding of the Company and the Investor with respect to the matters covered herein and therein and
      supersede all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents, exhibits and schedules.

  

  

  Section 10.7        FEES AND EXPENSES.  Except as expressly set forth in the Transaction Documents or any other writing to the contrary, each party shall pay the fees and expenses of its advisers, counsel, accountants and other experts, if
      any, and all other expenses incurred by such party incident to the negotiation, preparation, execution, delivery and performance of this Agreement. The Company shall pay all Transfer Agent fees (including any fees required for same-day processing of
      any instruction letter delivered by the Company), stamp taxes and other taxes and duties levied in connection with the delivery of any Securities to the Investor.

  

  

  Section 10.8        COUNTERPARTS.  The Transaction Documents may be executed in multiple counterparts, each of which may be executed by less than all of the parties and shall be deemed to be an original instrument which shall be enforceable
      against the parties actually executing such counterparts and all of which together shall constitute one and the same instrument. The Transaction Documents may be delivered to the other parties hereto by email of a copy of the Transaction Documents
      bearing the signature of the parties so delivering this Agreement.

   

  
    
      
 

  

  Section 10.9        SEVERABILITY.  In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect
      without said provision; provided that such severability shall be ineffective if it materially changes the economic benefit of this Agreement to any party.

  

  

  Section 10.10      FURTHER ASSURANCES.  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.

  

  

  Section 10.11      NO STRICT CONSTRUCTION.  The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rules of strict construction will be applied against any party.

  

  

  Section 10.12      EQUITABLE RELIEF.  The Company recognizes that in the event that it fails to perform, observe, or discharge any or all of its obligations under this Agreement, any remedy at law may prove to be inadequate relief to the
      Investor. The Company therefore agrees that the Investor shall be entitled to temporary and permanent injunctive relief in any such case without the necessity of proving actual damages.

  

  

  Section 10.13      TITLE AND SUBTITLES.  The titles and subtitles used in this Agreement are used for the convenience of reference and are not to be considered in construing or interpreting this Agreement.

  

  

  Section 10.14      AMENDMENTS; WAIVERS.  No provision of this Agreement may be amended or waived by the parties from and after the date that is one (1) Trading Day immediately preceding the initial filing of the Registration Statement with
      the SEC. Subject to the immediately preceding sentence, (i) no provision of this Agreement may be amended other than by a written instrument signed by both parties hereto and (ii) no provision of this Agreement may be waived other than in a written
      instrument signed by the party against whom enforcement of such waiver is sought. No failure or delay in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such
      power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

  

  

  Section 10.15      PUBLICITY.  The Company and the Investor shall consult with each other in issuing any press releases or otherwise making public statements with respect to the transactions contemplated hereby and no party shall issue any
      such press release or otherwise make any such public statement, other than as required by law, without the prior written consent of the other parties, which consent shall not be unreasonably withheld or delayed, except that no prior consent shall be
      required if such disclosure is required by law, in which such case the disclosing party shall provide the other party with prior notice of such public statement. Notwithstanding the foregoing, the Company shall not publicly disclose the name of the
      Investor without the prior written consent of the Investor, except to the extent required by law. The Investor acknowledges that the Transaction Documents may be deemed to be “material
          contracts,” as that term is defined by Item 601(b)(10) of Regulation S-K, and that the Company may therefore be required to file such documents as exhibits to reports or registration statements filed under the Securities Act or the
      Exchange Act. The Investor further agrees that the status of such documents and materials as material contracts shall be determined solely by the Company, in consultation with its counsel.

  

  

  [Signature Page Follows]

   

  
    
      
 

  

  IN WITNESS WHEREOF, the parties have caused this Agreement to be
    duly executed by their respective officers thereunto duly authorized as of the day and year first above written.

  	 	
          XSPORT GLOBAL, INC.

        
	 	 

  	 	
          By: 

        		 

  		
          Name:

        	 
	 	
          Title:

        	 
	 	 	 
	 	
          TRITON FUNDS LP

        
	 	 

  	 	
          By: 

        	 	 

  		
          Name:

        	 
	 	
          Title:

        	 

   

  [Signature Page to equity purchase agreement]

   

  
    
      
 

  

  DISCLOSURE SCHEDULES TO

  EQUITY PURCHASE AGREEMENT

  

  

  Schedule 4.3 – Capitalization

  

  

  Schedule 4.5 – SEC Documents

  

  

  Schedule 4.9 – Litigation

  

  

  Schedule 4.10 – Registration Rights

   

  
    
      
 

  

  EXHIBIT A

  

  

  FORM OF PURCHASE NOTICE

  

  

  TO: TRITON FUNDS LP

  

  

  We refer to the equity purchase agreement, dated as of August 28, 2018, (the “Agreement”),

    entered into by and between XSport Global, Inc., and you. Capitalized terms defined in the Agreement shall, unless otherwise defined herein, have the same meaning when used herein.

  

  

  We hereby:

  

  

  1) Give you notice that we require you to purchase __________ Purchase Notice Shares; and

  

  

  2) Certify that, as of the date hereof, the conditions set forth in Section 7.2 of the Agreement are satisfied.

   

  	 	
          XSPORT GLOBAL, INC.

        
	 	 

  		
          By: 

        	 	 

  		
          Name:

        	 
	 	
          Title:

        	 

   

  
    
      
 

  

  EXHIBIT B

  

  

  FORM OF OFFICER’S CERTIFICATE

  OF XSPORT GLOBAL, INC.

  

  

  Pursuant to Section 7.2(k) of that certain equity purchase agreement, dated as of August 28, 2018 (the “Agreement”),

    by and between XSPORT GLOBAL, Inc. (the “Company”) and TRITON FUNDS LP (the “Investor”), the
    undersigned, in his capacity as Chief Executive Officer of the Company, and not in his individual capacity, hereby certifies, as of the date hereof (such date, the “Condition Satisfaction
        Date”), the following:

  

  

  1.          The representations and warranties of the Company are true
      and correct in all material respects as of the Condition Satisfaction Date as though made on the Condition Satisfaction Date (except for representations and warranties specifically made as of a particular date) with respect to all periods, and as to
      all events and circumstances occurring or existing to and including the Condition Satisfaction Date, except for any conditions which have temporarily caused any representations or warranties of the Company set forth in the Agreement to be incorrect
      and which have been corrected with no continuing impairment to the Company or the Investor; and

  

  

  2.          All of the conditions precedent to the obligation of the
      Investor to purchase Purchase Notice Shares set forth in the Agreement, including but not limited to Section 7.2 of the Agreement, have been satisfied as of the Condition Satisfaction Date.

  

  

  Capitalized terms used herein shall have the meanings set forth in the Agreement unless otherwise defined herein.

  

  

  IN WITNESS WHEREOF, the undersigned has hereunto affixed his hand
    as of the August, 28, 2018.

   

  	 	
          By: 

        	 	 

  		
          Name:

        	 
	 	
          Title:

        	 

   

  
    
      
 

  

  SCHEDULE 4.3

  

  

  CAPITALIZATION

  

  

  COMPANY CAPITALIZATION TABLE

  

  

  COMMON STOCK AND COMMON STOCK EQUIVALENTS

  ISSUED, OUTSTANDING AND RESERVED

   

  	 	
          DESCRIPTION

        	
          AMOUNT

        	 
	 	
          Authorized Capital Stock

        	
          510,000,000

        	 
	 	
          Authorized Common Stock

        	
          500,000,000

        	 
	 	
          Issued Common Stock

        	
          35,640,140

        	 
	 	
          Outstanding Common Stock

        	
          35,640,140

        	 
	 	
          Treasury Stock

        	
          0

        	 
	 	
          Authorized, but unissued

        	
          N/A

        	 
	 	 	 	 
	 	
          Authorized Preferred Stock

        	
          10,000,000

        	 
	 	
          Issued Preferred Stock

        	
          0

        	 
	 	 	 	 
	 	
          Reserved for Equity Incentive Plans

        	
          0

        	 
	 	
          Reserved for Convertible Debt

        	
          0

        	 
	 	
          Reserved for Options and Warrants

        	
          1,263,989

        	 
	 	
          Reserved for Other Purposes

        	
          0

        	 

   

  
    
      
 

  

  SCHEDULE 4.5

  

  

  SEC DOCUMENTS

   

  None.

   

  
    
      
 

  

  SCHEDULE 4.9

  

  

  LITIGATION

  

  

  On July 24, 2015, the Company entered into a separation agreement and release of liability (the ‘Separation Agreement”) with the Company’s former Chief
    Executive Officer (the “former CEO”) whereby the Company agreed to pay the former CEO a severance payment of $150,000, plus repay a $50,000 unsecured promissory note which is included in convertible notes payable – related parties on the accompanying
    balance sheet, on or before December 31, 2017, or within 10 days of the Company receiving $700,000 in cash proceeds from the issuance of debt or equity securities.  The $150,000 severance payment is reflected in accrued compensation to related parties
    as of June 30, 2018 and September 30, 2017.  Additionally, the Company agreed to pay the former CEO a royalty of 0.5% of the Company’s gross revenue recognize from June 15, 2015 through January 25, 2018 payable on a quarterly basis.  The former CEO has
    initiated legal action against the Company and has received a judgement to collect the unpaid severance payment, promissory note, and royalties as the amounts remain unpaid as of June 30, 2018.  The Company has appropriately accrued for this matter and
    has included in accrued liabilities on the accompanying unaudited condensed consolidated balance sheets.

   

  
    
      
 

  

  SCHEDULE 4.10

  

  

  REGISTRATION RIGHTS

   

  None.Exhibit 10.2

  

   

  

  REGISTRATION RIGHTS AGREEMENT

  

  

  REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of August 28, 2018, by and between XSPORT GLOBAL, INC., a Wyoming corporation (the “Company”), and TRITON FUNDS LP, a Delaware limited partnership (together with it permitted
    assigns, the “Buyer”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the equity purchase agreement by and
    between the parties hereto, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Purchase Agreement”).

  

  

  WHEREAS:

  

  

  The Company has agreed, upon the terms and subject to the conditions of the Purchase Agreement, to sell to the Buyer up to One Million Dollars
    ($1,000,000) of Purchase Notice Shares and to induce the Buyer to enter into the Purchase Agreement, 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 “Securities Act”), and applicable state securities laws.

  

  

  NOW, THEREFORE, in consideration of the promises and the mutual
    covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Buyer hereby agree as follows:

  

  

  1. DEFINITIONS.

  

  

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

  

  

  a. “Investor” means the Buyer, any transferee or assignee thereof to whom a
    Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this
    Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  

  

  b. “Person” means any individual or entity including but not limited to any
    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.

  

  

  c. “Register”, “registered”,

    and “registration” refer to a registration effected by preparing and filing one or more registration statements of the Company in compliance with the Securities Act and/or
    pursuant to Rule 415 under the Securities 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 ”).

  

  

  d. “Registrable Securities” means (a) an aggregate of up to 10,000,000
    Purchase Notice Shares and any shares of common stock issued to the Investor as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise with respect thereto.

  

  

  e. “Registration Statement” means one or more registration statements of the
    Company covering only the sale of the Registrable Securities.

   

  
    
      
 

  

  2. REGISTRATION.

  

  

  a. Mandatory Registration. The Company shall, within thirty (30) calendar
    days from the date hereof, file with the SEC an initial Registration Statement covering the maximum number of Registrable Securities (beginning with the Purchase Notice Shares) as shall be permitted to be included thereon in accordance with applicable
    SEC rules, regulations and interpretations so as to permit the resale of such Registrable Securities by the Investor, including but not limited to under Rule 415 under the Securities Act at then prevailing market prices (and not fixed prices), as
    mutually determined by both the Company and the Investor in consultation with their respective legal counsel, subject to the aggregate number of authorized shares of the Company’s Common Stock then available for issuance in its Certificate of
    Incorporation. The initial Registration Statement shall register only the Registrable Securities. The Investor and its counsel shall have a reasonable opportunity to review and comment upon such Registration Statement and any amendment or supplement to
    such Registration Statement and any related prospectus prior to its filing with the SEC, and the Company shall give due consideration to all reasonable comments. The Investor shall furnish all information reasonably requested by the Company for
    inclusion therein. The Company shall use its reasonable best efforts to have the Registration Statement and any amendment declared effective by the SEC at the earliest possible date. The Company shall use reasonable best efforts to keep the
    Registration Statement effective, including but not limited to pursuant to Rule 415 promulgated under the Securities Act and available for the resale by the Investor of all of the Registrable Securities covered thereby at all times until the earlier of
    (i) the date as of which the Investor may sell all of the Registrable Securities without restriction pursuant to Rule 144 promulgated under the Securities and (ii) the date on which the Investor shall have sold all the Registrable Securities covered
    thereby and no Available Amount remains under the Purchase Agreement (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.

  

  

  b. Rule 424 Prospectus. The Company shall, as required by applicable securities regulations, from time to time file with the SEC, pursuant to Rule 424 promulgated under the Securities Act, the prospectus and prospectus supplements, if any, to be used in
    connection with sales of the Registrable Securities under the Registration Statement. The Investor and its counsel shall have a reasonable opportunity to review and comment upon such prospectus prior to its filing with the SEC, and the Company shall
    give due consideration to all such comments. The Investor shall use its reasonable best efforts to comment upon such prospectus within one (1) Business Day from the date the Investor receives the final pre-filing version of such prospectus.

  

  

  c. Sufficient Number of Shares Registered. In the event the number of shares
    available under the Registration Statement is insufficient to cover all of the Registrable Securities, the Company shall amend the Registration Statement or file a new Registration Statement (a “New Registration Statement”), so as to cover all of such Registrable Securities (subject to the limitations set forth in Section 2(a)) as soon as practicable, but in any event not later than ten (10) Business Days after the
    necessity therefor arises, subject to any limits that may be imposed by the SEC pursuant to Rule 415 under the Securities Act. The Company shall use it reasonable best efforts to cause such amendment and/or New Registration Statement to become
    effective as soon as practicable following the filing thereof. Unless the Registration Period has ended, in the event that any of the Purchase Notice Shares are not included in the Registration Statement, or have not been included in any New
    Registration Statement and the Company files any other registration statement under the Securities Act (other than on Form S-4, Form S-8, or with respect to other employee related plans or rights offerings) (“Other Registration Statement ”) then the Company shall include in such Other Registration Statement first all of such Purchase Notice Shares that have not been previously registered, and second any other securities
    the Company wishes to include in such Other Registration Statement. Unless the Registration Period has ended, the Company agrees that it shall not file any such Other Registration Statement unless all of the Purchase Notice Shares have been included in
    such Other Registration Statement or otherwise have been registered for resale as described above.

  

  

  d. Offering. If the staff of the SEC (the “Staff’) or the SEC seeks to
    characterize any offering pursuant to a Registration Statement filed pursuant to this Agreement as constituting an offering of securities that does not permit such Registration Statement to become effective and be used for resales by the Investor under
    Rule 415 at then-prevailing market prices (and not fixed prices), or if after the filing of the initial Registration Statement with the SEC pursuant to Section 2(a), the Company is otherwise required by the Staff or the SEC to reduce the number of
    Registrable Securities included in such initial Registration Statement, then the Company shall reduce the number of Registrable Securities to be included in such initial Registration Statement (with the prior consent, which shall not be unreasonably
    withheld, of the Investor and its legal counsel as to the specific Registrable Securities to be removed therefrom) until such time as the Staff and the SEC shall so permit such Registration Statement to become effective and be used as aforesaid. Unless
    the Registration Period has ended, in the event of any reduction in Registrable Securities pursuant to this paragraph, the Company shall file one or more New Registration Statements in accordance with Section 2(c) until such time as all Registrable
    Securities have been included in Registration Statements that have been declared effective and the prospectus contained therein is available for use by the Investor. Notwithstanding any provision herein or in the Purchase Agreement to the contrary, the
    Company’s obligations to register Registrable Securities (and any related conditions to the Investor’s obligations) shall be qualified as necessary to comport with any requirement of the SEC or the Staff as addressed in this Section 2(d).

   

  
    
      
 

  

  3. RELATED
        OBLIGATIONS.

  

  

  With respect to the Registration Statement and whenever any Registrable Securities are to be registered pursuant to Section 2 including on any New
    Registration Statement, the Company shall use its reasonable best efforts to effect the registration of the Registrable Securities in accordance with the intended method of disposition thereof and, pursuant thereto, the Company shall have the following
    obligations:

  

  

  a. The Company shall prepare and file with the SEC such amendments (including post-effective amendments) and supplements to any 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 Securities Act, as may be necessary to keep the Registration Statement or any New Registration Statement
    effective at all times during the Registration Period, and, during such period, comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities of the Company covered by the Registration Statement or any
    New 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 seller or sellers thereof as set forth in such registration statement.

  

  

  b. The Company shall permit the Investor to review and comment upon the Registration Statement or any New Registration Statement and all amendments and
    supplements thereto at least two (2) Business Days prior to their filing with the SEC, and not file any document in a form to which Investor reasonably objects. The Investor shall use its reasonable best efforts to comment upon the Registration
    Statement or any New Registration Statement and any amendments or supplements thereto within two (2) Business Days from the date the Investor receives the final version thereof. The Company shall furnish to the Investor, without charge any
    correspondence from the SEC or the staff of the SEC to the Company or its representatives relating to the Registration Statement or any New Registration Statement.

  

  

  c. Upon request of the Investor, the Company shall furnish to the Investor, (i) promptly after the same is prepared and filed with the SEC, at least one
    copy of such registration statement and any amendment(s) thereto, including financial statements and schedules, all documents incorporated therein by reference and all exhibits, (ii) upon the effectiveness of any registration statement, a copy of the
    prospectus included in such registration statement and all amendments and supplements thereto (or such other number of copies as the Investor may reasonably request) and (iii) such other documents, including copies of any preliminary or final
    prospectus, as the Investor may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities owned by the Investor. For the avoidance of doubt, any filing available to the Investor via the SEC’s live EDGAR
    system shall be deemed “furnished to the Investor” hereunder.

  

  

  d. The Company shall use reasonable best efforts to (i) register and qualify the Registrable Securities covered by a registration statement under such
    other securities or “blue sky” laws of California, (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), (y) subject itself to general taxation in any such jurisdiction, or (z) file a general consent to service
    of process 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 California 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 or facts, the Company shall notify the Investor in writing of the happening of any event
    or existence of such facts as a result of which the prospectus included in any registration statement, as then in effect, includes an untrue statement of a material fact or omits 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, and promptly prepare a supplement or amendment to such registration statement to correct such untrue statement or omission, and deliver a copy of
    such supplement or amendment to the Investor (or such other number of copies as the Investor may reasonably request). The Company shall also promptly notify the Investor in writing (i) when a prospectus or any prospectus supplement or post-effective
    amendment has been filed, and when a registration statement or any post-effective amendment has become effective (notification of such effectiveness shall be delivered to the Investor by email or facsimile on the same day of such effectiveness and by
    overnight mail), (ii) of any request by the SEC for amendments or supplements to any registration statement or related prospectus or related information, and (iii) of the Company’s reasonable determination that a post-effective amendment to a
    registration statement would be appropriate.

  

  

  f. The Company shall use its reasonable best efforts to prevent the issuance of any stop order or other suspension of effectiveness of any registration
    statement, or the suspension of the qualification of any 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 of the issuance of such order and the resolution thereof or its receipt of actual notice of the initiation or threat of any proceeding for such purpose.

  

  

  g. The Company shall (i) cause all the Registrable Securities to be listed on each securities exchange on which securities of the same class or series
    issued by the Company are then listed, if any, if the listing of such Registrable Securities is then permitted under the rules of such exchange, or (ii) secure designation and quotation of all the Registrable Securities on the Principal Market. The
    Company shall pay all fees and expenses in connection with satisfying its obligation under this Section.

  

  

  h. The Company shall cooperate with the Investor to facilitate the timely preparation and delivery of certificates (not bearing any restrictive legend)
    representing the Registrable Securities to be offered pursuant to any registration statement and enable such certificates to be in such denominations or amounts as the Investor may reasonably request and registered in such names as the Investor may
    request.

  

  

  i. The Company shall at all times provide a transfer agent and registrar with respect to its Common Stock.

  

  

  j. If reasonably requested by the Investor, the Company shall (i) immediately incorporate in a prospectus supplement or post-effective amendment such
    information as the Investor believes should be included therein relating to the sale and distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities being sold, the purchase
    price being paid therefor and any other terms of the offering of the Registrable Securities; (ii) make all required filings of such prospectus supplement or post-effective amendment as soon as practicable upon notification of the matters to be
    incorporated in such prospectus supplement or post¬effective amendment; and (iii) supplement or make amendments to any registration statement.

  

  

  k. The Company shall use its reasonable best efforts to cause the Registrable Securities covered by any registration statement to be registered with or
    approved by such other governmental agencies or authorities as may be necessary to consummate the disposition of such Registrable Securities.

  

  

  l. Within three (3) Business Days after any registration statement which includes the Registrable Securities is ordered effective by the SEC, the Company
    shall deliver, and shall cause legal counsel for the Company to deliver, to the transfer agent for such Registrable Securities (with copies to the Investor) confirmation that such registration statement has been declared effective by the SEC in the
    form attached hereto as Exhibit A. Thereafter, if requested by the Buyer at any time, the Company shall require its counsel to deliver to the Buyer a written confirmation
    whether or not the effectiveness of such registration statement has lapsed at any time for any reason (including, without limitation, the issuance of a stop order) and whether or not the registration statement is current and available to the Buyer for
    sale of all of the Registrable Securities.

   

  
    
      
 

  

  m. The Company shall take all other reasonable actions necessary to expedite and facilitate disposition by the Investor of Registrable Securities
    pursuant to any registration statement.

  

  

  4. OBLIGATIONS OF
        THE INVESTOR.

  

  

  a. The Company shall notify the Investor in writing of the information the Company reasonably requires from the Investor in connection with any
    registration statement hereunder. The Investor shall furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably
    required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.

  

  

  b. The Investor agrees to cooperate with the Company as reasonably requested by the Company in connection with the preparation and filing of any
    registration statement hereunder.

  

  

  c. The Investor agrees that, upon receipt of any notice from the Company of the happening of any event or existence of facts of the kind described in
    Section 3(f) or the first sentence of 3(e), the Investor will immediately discontinue disposition of Registrable Securities pursuant to any registration statement(s) covering such Registrable Securities until the Investor’s receipt of the copies of the
    supplemented or amended prospectus contemplated by Section 3(f) or the first sentence of 3(e). Notwithstanding anything to the contrary, the Company shall cause its transfer agent to promptly deliver shares of Common Stock without any restrictive
    legend in accordance with the terms of the Purchase Agreement in connection with any sale of Registrable Securities with respect to which an Investor has entered into a contract for sale prior to the Investor’s receipt of a notice from the Company of
    the happening of any event of the kind described in Section 3(f) or the first sentence of Section 3(e) and for which the Investor has not yet settled.

  

  

  5. EXPENSES OF
        REGISTRATION.

  

  

  All reasonable expenses, other than sales or brokerage commissions, incurred in connection with registrations, filings or qualifications pursuant to
    Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers and accounting fees, and fees and disbursements of counsel for the Company, shall be paid by the Company.

  

  

  6. INDEMNIFICATION.

  

  

  a. To the fullest extent permitted by law, the Company will, and hereby does, indemnify, hold harmless and defend the Investor, each Person, if any, who
    controls the Investor, the members, the directors, officers, partners, employees, agents, representatives of the Investor and each Person, if any, who controls the Investor within the meaning of the Securities Act or the Securities Exchange Act of
    1934, as amended (the “Exchange 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, any New 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 Registrable Securities are offered (“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 not misleading, (ii) any untrue statement or alleged untrue statement of a material fact contained in the final prospectus (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, (iii) any violation or alleged
    violation by the Company of the Securities Act, the Exchange 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 or any New Registration Statement or (iv) any material violation by the Company of this Agreement (the matters in the foregoing clauses (i) through (iv) being, collectively, “Violations”). 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 by an Indemnified Person arising out of or based upon a
    Violation which occurs in reliance upon and in conformity with information about the Investor furnished in writing to the Company by such Indemnified Person expressly for use in connection with the preparation of the Registration Statement, any New
    Registration Statement or any such amendment thereof or supplement thereto, if such prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e); (ii) with respect to any superseded prospectus, shall not inure to the
    benefit of any such person from whom the person asserting any such Claim purchased the Registrable Securities that are the subject thereof (or to the benefit of any person controlling such person) if the untrue statement or omission of material fact
    contained in the superseded prospectus was corrected in the revised prospectus, as then amended or supplemented, if such revised prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e), and the Indemnified Person
    was promptly advised in writing not to use the incorrect prospectus prior to the use giving rise to a violation and such Indemnified Person, notwithstanding such advice, used it; (iii) shall not be available to the extent such Claim is based on a
    failure of the Investor to deliver or to cause to be delivered the prospectus made available by the Company, if such prospectus was timely made available by the Company pursuant to Section 3(c) or Section 3(e); and (iv) shall not apply to 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 transfer of the Registrable Securities by the Investor pursuant to Section 9.

   

  
    
      
 

  

  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 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 indemnifying party, the representation by such 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 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 effectuated 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 or litigation. 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 indemnification required by this Section 6 shall be made by periodic payments of the amount thereof during the course of the investigation or
    defense, as and when bills are received or Indemnified Damages are incurred.

  

  

  d. 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.

  

  

  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 seller of Registrable Securities guilty of fraudulent misrepresentation (within the
    meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any seller of Registrable Securities who was not guilty of fraudulent misrepresentation; and (ii) 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.

  

  

  8. REPORTS AND
        DISCLOSURE UNDER THE SECURITIES ACTS.

  

  

  With a view to making available to the Investor the benefits of Rule 144 promulgated under the Securities 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”), the Company agrees, at the Company’s sole
    expense, to:

  

  

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

  

  

  b. use reasonable efforts to file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and
    the Exchange Act so long as the Company remains subject to such requirements and the filing of such reports and other documents is required for the applicable provisions of Rule 144;

  

  

  c. furnish to the Investor so long as the Investor owns Registrable Securities, promptly upon request, (i) a written statement by the Company that it has
    complied with the reporting and or disclosure provisions of Rule 144, the Securities Act and the Exchange Act, (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; and

  

  

  d. take such additional action as is requested by the Investor to enable the Investor to sell the Registrable Securities pursuant to Rule 144, including,
    without limitation, delivering all such legal opinions, consents, certificates, resolutions and instructions to the Company’s Transfer Agent as may be requested from time to time by the Investor and otherwise fully cooperate with Investor and
    Investor’s broker to effect such sale of securities pursuant to Rule 144.

  

  

  9. ASSIGNMENT OF
        REGISTRATION RIGHTS.

  

  

  The Company shall not assign this Agreement or any rights or obligations hereunder without the prior written consent of the Investor. The Investor may
    not assign its rights under this Agreement without the written consent of the Company.

  

  

  10. AMENDMENT OF
        REGISTRATION RIGHTS.

  

  

  No provision of this Agreement may be amended or waived by the parties from and after the date that is one Business Day immediately preceding the initial
    filing of the Registration Statement with the SEC. Subject to the immediately preceding sentence, no provision of this Agreement may be (i) amended other than by a written instrument signed by both parties hereto or (ii) waived other than in a written
    instrument signed by the party against whom enforcement of such waiver is sought. 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.

   

  
    
      
 

  

  11. MISCELLANEOUS.

  

  

  a. A Person is deemed to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable Securities. If
    the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of
    such Registrable Securities.

  

  

  b. Any notices, consents, waivers 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 (provided confirmation of transmission is mechanically or electronically generated and kept on file by the sending party);
    or (iii) one (1) Business Day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the party to receive the same. The addresses for such communications shall be:

  

  

  If to the Company:

  

  

  XSport Global, Inc.

  1800 Camden Road, #107-196

  Charlotte, NC 28203

  Email:  robert@xsportglobal.com

  

  

  With a copy (which shall not constitute notice) to:

   

  Kane Kessler, P.C.

  666 Third Avenue

  New York, NY 10017

  Attn: Peter Campitiello, Esq.

  Email: pcampitiello@kanekessler.com

  

  

  If to the Investor:

  

  

  TRITON FUNDS LLC

  1262 PROSPECT STREET

  LA JOLLA, CA 92037

  e-mail: tritonfunds@tritonfunds.com

  

  

  or at such other address and/or facsimile number and/or to the attention of such other person as the recipient party has specified by written notice given to each other
    party three (3) Business Days prior to the effectiveness of such change. Written confirmation of receipt (A) given by the recipient of such notice, consent, waiver or other communication, (B) mechanically or electronically generated by the sender’s
    facsimile machine or email account containing the time, date, recipient facsimile number or email address, as applicable, and an image of the first page of such transmission or (C) provided by a nationally recognized overnight delivery service, shall
    be rebuttable evidence of personal service, receipt by facsimile or receipt from a nationally recognized overnight delivery service in accordance with clause (i), (ii) or (iii) above, respectively.

   

  
    
      
 

  

  c. The corporate laws of the State of California shall govern all issues concerning this Agreement. All other questions concerning the construction,
    validity, enforcement and interpretation of this Agreement shall be governed by the internal laws of the State of California, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of California or any
    other jurisdictions) that would cause the application of the laws of any jurisdictions other than the State of California. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting the State of
    California, County of Los Angeles, for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or
    proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party hereby
    irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address for such notices to it under this Agreement and agrees that such service
    shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. If any provision of this Agreement shall be invalid or
    unenforceable in any jurisdiction, such invalidity or unenforceability shall not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability of any provision of this Agreement in any
    other jurisdiction. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR
      IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

  

  

  d. This Agreement and the Purchase Agreement 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. This Agreement and the Purchase Agreement supersede all prior agreements and understandings among the parties hereto
    with respect to the subject matter hereof and thereof.

  

  

  e. Subject to the requirements of Section 9, this Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of
    each of the parties hereto.

  

  

  f. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.

  

  

  g. This Agreement may be executed in 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 email in a “.pdf” format data file of a copy of this Agreement bearing the
    signature of the party so delivering this Agreement.

  

  

  h. 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.

  

  

  i. The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent and no rules of strict
    construction will be applied against any party.

  

  

  j. This Agreement is intended for the benefit of the parties hereto and their respective successors and permitted assigns, and is not for the benefit of,
    nor may any provision hereof be enforced by, any other Person.

  

  

  IN WITNESS WHEREOF, the parties have caused this Agreement to be
    duly executed as of day and year first above written.

  

  

  	 	
          THE COMPANY:

        
	 	  
	 	
          XSPORT GLOBAL, INC.

        
	 	 	 

  		
          By:

        	 

  		
          Name:

        	 
	 	
          Title:

        	 
	 	 	 
	 	
          THE INVESTOR:

        
	 	  
	 	
          TRITON FUNDS LP

        
	 	  

  		
          By:

        	 

  		
          Name:

        	 
	 	
          Title:

        	 

   

  
    
      
 

  

  EXHIBIT A

  

  

  TO REGISTRATION RIGHTS AGREEMENT

  

  

  FORM OF NOTICE OF EFFECTIVENESS

  OF REGISTRATION STATEMENT

  

  

  _____________, 2018

  

  

  Re: [__________]

  

  

  Ladies and Gentlemen:

  

  

  We are counsel to XSPORT GLOBAL, INC, a Wyoming corporation (the
    “Company”), and have represented the Company in connection with that certain Purchase Agreement, dated as of August 28, 2018 (the “Purchase Agreement”), entered into by and between the Company and TRITON FUNDS LP (the “Buyer”) pursuant to which the Company has agreed to
    issue to the Buyer shares of the Company’s Common Stock, $0.001 par value (the “Common Stock ”), in an amount up to One Million Dollars ($1,000,000) (the “Purchase Notice Shares”), in accordance with the terms of the Purchase Agreement. In connection with the transactions contemplated by the Purchase Agreement, the Company has
    registered with the U.S. Securities & Exchange Commission the following shares of Common Stock:

  

  

  (1) Purchase Notice Shares to be issued to the Buyer upon purchase from the Company by the Buyer from time to time in accordance with
    the Purchase Agreement.

  

  

  Pursuant to the Purchase Agreement, the Company also has entered into a Registration Rights Agreement, of even date with the Purchase Agreement with the
    Buyer (the “Registration Rights Agreement”) pursuant to which the Company agreed, among other things, to register the Purchase Notice Shares under the Securities Act of 1933,
    as amended (the “Securities Act”). In connection with the Company’s obligations under the Purchase Agreement and the Registration Rights Agreement, on [__________], 2018, the
    Company filed a Registration Statement (File No. 333-[__________]) (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to the resale of the Purchase Notice Shares.

  

  

  In connection with the foregoing, we advise you that a member of the SEC’s staff has advised us by telephone that the SEC has entered an order declaring
    the Registration Statement effective under the Securities Act at [__________] [A.M./P.M.] on [__________], 2018 and we have no knowledge, after telephonic inquiry of a member of the SEC’s staff, that any stop order suspending its effectiveness has been
    issued or that any proceedings for that purpose are pending before, or threatened by, the SEC and the Purchase Notice Shares are available for resale under the Securities Act pursuant to the Registration Statement and may be issued without any
    restrictive legend.

  

  

  	 	
          Very truly yours,

        
	 	 	 
	 	
          [Company Counsel]

        
	 	 	 

  		
          By:

        	 

  		
          Name:

        	 
	 	
          Title:

        	 
	 	 	 
	
          cc: TRITON FUNDS LLC

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