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NATION ENERGY INC.

Suite F - 1500 West 16th Avenue

Vancouver BC V6H 4B9 Canada

May 31, 2016

TO:                  Paltar Petroleum Limited

1555 Blake Street, Suite 1002

Denver, Colorado  80202 

Attention:         Mr.
Marc A. Bruner 

Dear Sirs:

RE:      Fourth Amendment to Third Amended and Restated
Agreement

By this letter, effective as of May 31, 2016,
Nation Energy Inc. (“Nation”) and Paltar Petroleum Limited (“Paltar”)
amend their Third Amended and Restated Agreement dated August 30, 2015 and
amended by the First Amendment to Third Amended and Restated Agreement dated
effective December 17, 2015 and further amended by the Second Amendment to
Third Amended and Restated Agreement dated effective February 8, 2016 and
further amended by the Third Amendment to Third Amended and Restated Agreement
dated effective May 31, 2016 (as amended the “Agreement”), principally
to clarify the per share value of the Nation common shares contemplated to be
issued to Paltar in the Agreement.  Capitalized terms not specifically defined
in this Fourth Amendment to Third Amended and Restated Agreement (the “Amendment”)
shall have the meaning accorded them in the Agreement.  Marc A. Bruner (“Bruner”)
and John R. Hislop (“Hislop”), as major shareholders (indirectly or
directly) of Paltar and Nation, respectively, agree to the terms of this
Amendment.  

Nation and Paltar amend the Agreement as
follows:

1.                 
Item 3 of the Agreement is hereby amended in its
entirety as follows:

Within seven (7) days after delivery to Nation of
Paltar’s audited financials as set forth in Item 18(d) of this Agreement,
Nation shall issue an aggregate of 900,000,000 Nation common shares (the
“Earning Agreement Shares”) to Paltar, with an agreed upon value of US$0.03 and
one-third cent per share.

No
changes or amendments other than those expressly set forth above are being made
in the Agreement.  Nation and Paltar confirm and ratify the validity and
current effectiveness of the Agreement, as amended by this Amendment.

 

[Remainder
of page intentionally left blank]

 

 

 

 

If the foregoing
correctly sets out our agreed amendments, please execute this letter in the
space provided.

 

NATION ENERGY
INC.                                                       PALTAR PETROLEUM
LIMITED

 

 

Per:      /s/ John R. Hislop                          
                             Per:      /s/ Marc A. Bruner                               

        Authorized Signatory 

        John R. Hislop, CEO &
President                                                        Authorized
Signatory

 

AGREED TO
AND ACCEPTED,

 

                                                            )

/s/
Gina Maddalozzo                            )

Witness
Signature                                )

                                                            )

Gina
Maddalozzo                                )           /s/
Marc A. Bruner                               

Name                                                   )           MARC
A. BRUNER

                                                            )

1038
Canada Place Way                      )

                                                            )

Address                                               )

 

                                                            )

 

                                                            )

/s/ L.
A. Simpkin                                  )

Witness
Signature                                )

                                                            )

L. A.
Simpkin                                      )           /s/
John R. Hislop                                

Name                                                   )           JOHN
R. HISLOP

RPO Box
60610                                  )

Vancouver,
BC V6H 4B9                    )

Address                                               )NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE
HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT
BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN
A GENERALL Y ACCEPT ABLE FORM, THA T REGISTRA TION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR
RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT
OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.

 

Principal
Amount: $50,000.00

 

Issue
Date: October 20, 2015

 

CONVERTIBLE
PROMISSORY NOTE FOR VALUE RECEIVED, Soul and Vibe Interactive Inc. (SOUL) a Nevada corporation (hereinafter called the “Company”),
hereby promises to pay to the order of Uptick Capital LLC, a Connecticut limited liability company, or registered assigns (the
“Holder”) the principal sum of $50,000.00, at maturity or upon acceleration or otherwise, as set forth herein (the
“Note”). The consideration to the Company for this Note is up to $50,000.00 (the “Consideration”) is consulting
services provided. The Company may pay, in their sole discretion, such additional amounts of the Consideration and at such dates
as the Holder may choose in its sole discretion. The maturity date shall be six (6) months from the effective date of this note
(“Maturity Date”), and is the date upon which the principal sum as well as any unpaid interest and other fees relating
to that respective tranche, shall be due and payable.

 

This
Note may not be prepaid in whole or in part except as otherwise explicitly set forth herein. Any amount of principal or interest
on this Note, which is not paid by the respective Maturity Date shall bear interest at the rate of two percent (2%) per annum
from the due date thereof until the same is paid (“Default Interest”). Interest shall commence accruing on the date
that the Note is fully paid and shall be computed on the basis of a 365-day year and the actual number of days elapsed. All payments
due hereunder (to the extent not converted into common stock, $0.001 par value per share (the “Common Stock”) in accordance
with the terms hereof) shall be made in lawful money of the United States of America. All payments shall be made at such address
as the Holder shall hereafter give to the Company by written notice made in accordance with the provisions of this Note.

 

Whenever
any amount expressed to be due by the terms of this Note is due on any day which is not a business day, the same shall instead
be due on the next succeeding day which is a business day and, in the case of any interest payment date which is not the date
on which this Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes of determining
the amount of interest due on such date. As used in this Note, the term “business day” shall mean any day other than
a Saturday, Sunday or a day on which commercial banks in the city of New York, New York are authorized or required by law or executive
order to remain closed.

 

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

 

The
following additional terms shall apply to this Note:

 

    	 	 	 

    	 	 	 

    

 

ARTICLE
I. CONVERSION RIGHTS 

 

	1.1	Conversion
                                         Right.

 

The
Holder shall have the right at any time to convert all or any part of the outstanding and unpaid principal amount of this Note
into fully paid and non-assessable shares of Common Stock, as such Common Stock exists on the Issue Date, or any shares of capital
stock or other securities of the Company into which such Common Stock shall hereafter be changed or reclassified at the conversion
price (the “Conversion Price”) determined as provided herein (a “Conversion”); provided, however, that
in no event shall the Holder be entitled to convert any portion of this Note in excess of that portion of this Note upon conversion
of which the sum of (1) the number of shares of Common Stock beneficially owned by the Holder and its affiliates (other than shares
of Common Stock which may be deemed beneficially owned through the ownership of the unconverted portion of the Notes or the unexercised
or unconverted portion of any other security of the Company subject to a limitation on conversion or exercise analogous to the
limitations contained herein) and (2) the number of shares of Common Stock issuable upon the conversion of the portion of this
Note with respect to which the determination of this proviso is being made, would result in beneficial ownership by the Holder
and its affiliates of more than 9.99% of the outstanding shares of Common Stock. For purposes of the proviso to the immediately
preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), and Regulations 13D-G thereunder, except as otherwise provided in clause (1)
of such proviso, provided, further, however, that the limitations on conversion may be waived by the Holder upon, at the election
of the Holder, not less than 61 days’ prior notice to the Company, and the provisions of the conversion limitation shall
continue to apply until such 61st day (or such later date, as determined by the Holder, as may be specified in such notice of
waiver). The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the
Conversion Amount (as defined below) by the applicable Conversion Price then in effect on the date specified in the notice of
conversion, in the form attached hereto as Exhibit A (the “Notice of Conversion”), delivered to the Company by the
Holder in accordance with Section 1.4 below; provided that the Notice of Conversion is submitted by facsimile or e-mail (or by
other means resulting in, or reasonably expected to result in, notice) to the Company before 6:00 p.m., New York, New York time
on such conversion date (the “Conversion Date”). The term “Conversion Amount” means, with respect to any
conversion of this Note, the sum of (1) the principal amount of this Note to be converted in such conversion plus (2) at the Holder’s
option, accrued and unpaid interest, if any, on such principal amount at the interest rates provided in this Note to the Conversion
Date, plus (3) at the Holder’s option, Default Interest, if any, on the amounts referred to in the immediately preceding
clauses (1) and/or (2) plus (4) at the Holder’s option, any amounts owed to the Holder pursuant to Sections 1.3 and 1.4(g)
hereof.

 

1.2
Conversion Price.

 

(a)
Calculation of Conversion Price. The Conversion Price shall be the Variable Conversion Price (as defined herein) (subject, in
each case, to equitable adjustments for stock splits, stock dividends or rights offerings by the Company relating to the Company’s
securities or the securities of any subsidiary of the Company, combinations, recapitalization, reclassifications, extraordinary
distributions and similar events) (also subject to adjustment as further described herein). The “Variable Conversion Price”
shall mean 60% multiplied by the Market Price (as defined herein) (representing a discount rate of 40%). “Market Price”
means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the twenty (20) Trading
Day period ending on the last complete Trading Day prior to the Conversion Date. “Trading Prices” means, for any security
as of any date, the lowest intraday trading price on the Over-the- Counter Pink Marketplace, or applicable trading market (the
“OTC PINK”) as reported by a reliable reporting service (“Reporting Service”) designated by the Holder
(i.e. Bloomberg) or, if the OTC PINK is not the principal trading market for such security, on the principal securities exchange
or trading market where such security is listed or traded or, if the lowest intraday trading price of such security is not available
in any of the foregoing manners, the lowest intraday price of any market makers for such security that are quoted on the OTC Markets.
If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall
be the fair market value as mutually determined by the Company and the holders of a majority in interest of the Notes being converted
for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading
Day” shall mean any day on which the Common Stock is tradable for any period on the OTC PINK, or on the principal securities
exchange or other securities market on which the Common Stock is then being traded. If at the time that any Notice of Conversion
is submitted to the Company, the lowest Trading Prices on the OTC PINK or other applicable principal trading market for the Common
Stock during the applicable twenty (20) Trading Day period is equal to or less than $0.0001, then the Conversion Price shall equal
the lesser of the (1) Variable Conversion Price or (2) $0.00001. If at any time while this note is outstanding, the Company enters
into a Section 3(a)(9) transaction in which any 3rd party has the right to convert monies owed to that 3rd party at a discount
to market greater than 65%, then the Variable Conversion Price shall be automatically adjusted to such greater discount percentage
until this Note is no longer outstanding.

 

    	 	 	 

    	 	 	 

    

 

1.3 Authorized
Shares.

 

The
Company covenants that during the period the conversion right exists, the Company will reserve from its authorized and unissued
Common Stock a sufficient number of shares, free from preemptive rights, to provide for the issuance of Common Stock upon the
full conversion of this Note. The Company is required at all times to have authorized and reserved three times the number of shares
that is actually issuable upon full conversion of the Note (based on the Conversion Price of the Notes in effect from time to
time) (the “Reserved Amount”). The Reserved Amount shall be increased from time to time in accordance with the Company’s
obligations hereunder. The Company represents that upon issuance, such shares will be duly and validly issued, fully paid and
non-assessable. In addition, if the Company shall issue any securities or make any change to its capital structure which would
change the number of shares of Common Stock into which the Notes shall be convertible at the then current Conversion Price, the
Company shall at the same time make proper provision so that thereafter there shall be a sufficient number of shares of Common
Stock authorized and reserved, free from preemptive rights, for conversion of the outstanding Notes. The Company (i) acknowledges
that it has irrevocably instructed its transfer agent to issue certificates for the Common Stock issuable upon conversion of this
Note, and (ii) agrees that its issuance of this Note shall constitute full authority to its officers and agents who are charged
with the duty of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock in accordance
with the terms and conditions of this Note. If, at any time the Company does not maintain the Reserved Amount it will be considered
an Event of Default under Section 3.2 of the Note.

 

1.4
Method of Conversion.

 

(a)
Mechanics of Conversion.

 

Subject
to Section 1.1, this Note may be converted by the Holder in whole or in part at any time from time to time after the Issue Date,
by

 

(A)
submitting to the Company a Notice of Conversion (by facsimile, e-mail or other reasonable means of communication dispatched on
the Conversion Date prior to 6:00 p.m., New York, New York time) and (B) subject to Section 1.4(b), surrendering this Note
at the principal office of the Company. 

 

(b)
Surrender of Note Upon Conversion.

 

Notwithstanding
anything to the contrary set forth herein, upon conversion of this Note in accordance with the terms hereof, the Holder shall
not be required to physically surrender this Note to the Company unless the entire unpaid principal amount of this Note is so
converted. The Holder and the Company shall maintain records showing the principal amount so converted and the dates of such conversions
or shall use such other method, reasonably satisfactory to the Holder and the Company, so as not to require physical surrender
of this Note upon each such conversion. In the event of any dispute or discrepancy, such records of the Company shall, prima facie,
be controlling and determinative in the absence of manifest error. Notwithstanding the foregoing, if any portion of this Note
is converted as aforesaid, the Holder may not transfer this Note unless the Holder first physically surrenders this Note to the
Company, whereupon the Company will forthwith issue and deliver upon the order of the Holder a new Note of like tenor, registered
as the Holder (upon payment by the Holder of any applicable transfer taxes) may request, representing in the aggregate the remaining
unpaid principal amount of this Note. The Holder and any assignee, by acceptance of this Note, acknowledge and agree that, by
reason of the provisions of this paragraph, following conversion of a portion of this Note, the unpaid and unconverted principal
amount of this Note represented by this Note may be less than the amount stated on the face hereof.

 

    	 	 	 

    	 	 	 

    

 

(c)
Payment of Taxes.

 

The
Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery
of shares of Common Stock or other securities or property on conversion of this Note in a name other than that of the Holder (or
in street name), and the Company shall not be required to issue or deliver any such shares or other securities or property unless
and until the person or persons (other than the Holder or the custodian in whose street name such shares are to be held for the
Holder’s account) requesting the issuance thereof shall have paid to the Company the amount of any such tax or shall have
established to the satisfaction of the Company that such tax has been paid.

 

(d)
Delivery of Common Stock Upon Conversion.

 

Upon
receipt by the Company from the Holder of a facsimile transmission or e-mail (or other reasonable means of communication) of a
Notice of Conversion meeting the requirements for conversion as provided in this Section 1.4, the Company shall issue and deliver
or cause to be issued and delivered to or upon the order of the Holder certificates for the Common Stock issuable upon such conversion
within three (3) business days after such receipt (the “Deadline”) (and, solely in the case of conversion of the entire
unpaid principal amount hereof, surrender of this Note) in accordance with the terms hereof.

 

(e)
Obligation of Company to Deliver Common Stock.

 

Upon
receipt by the Company of a Notice of Conversion, the Holder shall be deemed to be the holder of record of the Common Stock issuable
upon such conversion, the outstanding principal amount and the amount of accrued and unpaid interest on this Note shall be reduced
to reflect such conversion, and, unless the Company defaults on its obligations under this Article I, all rights with respect
to the portion of this Note being so converted shall forthwith terminate except the right to receive the Common Stock or other
securities, cash or other assets, as herein provided, on such conversion. If the Holder shall have given a Notice of Conversion
as provided herein, the Company’s obligation to issue and deliver the certificates for Common Stock shall be absolute and
unconditional, irrespective of the absence of any action by the Holder to enforce the same, any waiver or consent with respect
to any provision thereof, the recovery of any judgment against any person or any action to enforce the same, any failure or delay
in the enforcement of any other obligation of the Company to the holder of record, or any setoff, counterclaim, recoupment, limitation
or termination, or any breach or alleged breach by the Holder of any obligation to the Company, and irrespective of any other
circumstance which might otherwise limit such obligation of the Company to the Holder in connection with such conversion. The
Conversion Date specified in the Notice of Conversion shall be the Conversion Date so long as the Notice of Conversion is received
by the Company before 6:00 p.m., New York, New York time, on such date.

 

(f)
Delivery of Common Stock by Electronic Transfer.

 

In
lieu of delivering physical certificates representing the Common Stock issuable upon conversion, provided the Company is participating
in the Depository Trust Company (“DTC”) Fast Automated Securities Transfer (“FAST”) program, upon request
of the Holder and its compliance with the provisions contained in Section 1.1 and in this Section 1.4, the Company shall use its
best efforts to cause its transfer agent to electronically transmit the Common Stock issuable upon conversion to the Holder by
crediting the account of Holder’s Prime Broker with DTC through its Deposit Withdrawal Agent Commission (“DWAC”)
system.

 

(g)
Failure to Deliver Common Stock Prior to Deadline.

 

Without
in any way limiting the Holder’s right to pursue other remedies, including actual damages and/or equitable relief, the parties
agree that if delivery of the Common Stock issuable upon conversion of this Note is not delivered by the Deadline (other than
a failure due to the circumstances described in Section 1.3 above, which failure shall be governed by such Section) the Company
shall pay to the Holder $500 per day in cash, for each day beyond the Deadline that the Company fails to deliver such Common Stock.
Such cash amount shall be paid to Holder by the fifth day of the month following the month in which it has accrued or, at the
option of the Holder (by written notice to the Company by the first day of the month following the month in which it has accrued),
shall be added to the principal amount of this Note, in which event interest shall accrue thereon in accordance with the terms
of this Note and such additional principal amount shall be convertible into Common Stock in accordance with the terms of this
Note. The Company agrees
that the right to convert is a valuable right to the Holder. The damages resulting from a failure, attempt to frustrate, interference
with such conversion right are difficult if not impossible to qualify. Accordingly the parties acknowledge that the liquidated
damages provision contained in this Section 1.4(g) are justified.

 

    	 	 	 

    	 	 	 

    

 

	1.5	Concerning
                                         the Shares.

 

The
shares of Common Stock issuable upon conversion of this Note may not be sold or transferred unless

 

(i)
such shares are sold pursuant to an effective registration statement under the Act or 

 

(ii)
the Company or its transfer agent shall have been furnished with an opinion of counsel (which opinion shall be in form, substance
and scope customary for opinions of counsel in comparable transactions) to the effect that the shares to be sold or transferred
may be sold or  transferred pursuant to an exemption from such registration or 

 

(iii)
such shares are sold or transferred pursuant to Rule 144 under the Act (or a successor rule)  (“Rule 144”) or
(iv) such shares are transferred to an “affiliate” (as defined in Rule 144) of the Company who agrees to sell or otherwise
transfer the shares only in accordance with this Section 1.5 and who is an Accredited Investor. Except as otherwise provided (and
subject to the removal provisions set forth below), until such time as the shares of Common Stock issuable upon conversion of
this Note have been registered under the Act or otherwise may be sold pursuant to Rule 144 without any restriction as to the number
of securities as of a particular date that can then be immediately sold, each certificate for shares of Common Stock issuable
upon conversion of this Note that has not been so included in an effective registration statement or that has not been sold pursuant
to an effective registration statement or an exemption that permits removal of the legend, shall bear a legend substantially in
the following form, as appropriate: 

 

“NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE
HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT
BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN
A GENERALL Y ACCEPT ABLE FORM, THA T REGISTRA TION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR
RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT
OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.”

 

The
legend set forth above shall be removed and the Company shall issue to the Holder a new certificate therefore free of any transfer
legend if

 

(i)
the Company or its transfer agent shall have received an opinion of counsel, in form, substance and scope customary for opinions
of counsel in comparable transactions, to the effect that a public sale or transfer of such Common Stock may be made without registration
under the Act, which opinion shall be accepted by the Company so that the sale or transfer is effected or 

 

(ii)
in the case of the Common Stock issuable upon conversion of this Note, such security is registered for sale by the Holder under
an effective registration statement filed under the Act or otherwise may be sold pursuant to Rule 144 without any restriction
as to the number of securities as of a particular date that can then be 8 immediately sold. In the event that the Company does
not accept the opinion of counsel provided by the Holder with respect to the transfer of Securities pursuant to an exemption from
registration, such as Rule 144 or Regulation S, at the Deadline, it will be considered an Event of Default pursuant to Section
3.2 of the Note. 

 

    	 	 	 

    	 	 	 

    

 

1.6 Trading
Market Limitations.

 

Unless
permitted by the applicable rules and regulations of the principal securities market on which the Common Stock is then listed
or traded, in no event shall the Company issue upon conversion of or otherwise pursuant to this Note more than the maximum number
of shares of Common Stock that the Company can issue pursuant to any rule of the principal United States securities market on
which the Common Stock is then traded (the “Maximum Share Amount”), which shall be 9.99% of the total shares currently
outstanding, subject to equitable adjustment from time to time for stock splits, stock dividends, combinations, capital reorganizations
and similar events relating to the Common Stock occurring after the date hereof. Once the Maximum Share Amount has been issued,
if the Company fails to eliminate any prohibitions under applicable law or the rules or regulations of any stock exchange, interdealer
quotation system or other self-regulatory organization with jurisdiction over the Company or any of its securities on the Company’s
ability to issue shares of Common Stock in excess of the Maximum Share Amount, in lieu of any further right to convert this Note,
this will be considered an Event of Default under Section 3.3 of the Note.

 

1.7 Status
as Shareholder.

 

Upon
submission of a Notice of Conversion by a Holder, (i) the shares covered thereby (other than the shares, if any, which cannot
be issued because their issuance would exceed such Holder’s allocated portion of the Reserved Amount or Maximum Share Amount)
shall be deemed converted into shares of Common Stock and (ii) the Holder’s rights as a Holder of such converted portion
of this Note shall cease and terminate, excepting only the right to receive certificates for such shares of Common Stock and to
any remedies provided herein or otherwise available at law or in equity to such Holder because of a failure by the Company to
comply with the terms of this Note. Notwithstanding the foregoing, if a Holder has not received certificates for all shares of
Common Stock prior to the tenth (10th) business day after the expiration of the Deadline with respect to a conversion of any portion
of this Note for any reason, then (unless the Holder otherwise elects to retain its status as a holder of Common Stock by so notifying
the Company) the Holder shall regain the rights of a Holder of this Note with respect to such unconverted portions of this Note
and the Company shall, as soon as practicable, return such unconverted Note to the Holder or, if the Note has not been surrendered,
adjust its records to reflect that such portion of this Note has not been converted. In all cases, the Holder shall retain all
of its rights and remedies (including, without limitation, (i) the right to receive Conversion Default Payments pursuant to Section
1.3 to the extent required thereby for such Conversion Default and any subsequent Conversion Default and (ii) the right to have
the Conversion Price with respect to subsequent conversions determined in accordance with Section 1.3) for the Company’s
failure to convert this Note.

 

ARTICLE
II. CERTAIN COVENANTS 

 

2.1
Distributions on Capital Stock.

 

So
long as the Company shall have any obligation under this Note, the Company shall not without the Holder’s written consent
(a) pay, declare or set apart for such payment, any dividend or other distribution (whether in cash, property or other securities)
on shares of capital stock other than dividends on shares of Common Stock solely in the form of additional shares of Common Stock
or (b) directly or indirectly or through any subsidiary make any other payment or distribution in respect of its capital stock
except for distributions pursuant to any shareholders’ rights plan which is approved by a majority of the Company’s
disinterested directors.

 

2.2
Restriction on Stock Repurchases.

 

So
long as the Company shall have any obligation under this Note, the Company shall not without the Holder’s written consent
redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any
one transaction or series of related transactions any shares of capital stock of the Company or any warrants, rights or options
to purchase or acquire any such shares.

 

    	 	 	 

    	 	 	 

    

 

ARTICLE
III. EVENTS OF DEFAULT 

 

If
any of the following events of default (each, an “Event of Default”) shall occur:

 

3.1
Failure to Pay Principal or Interest.

 

The
Company fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or
otherwise.

 

3.2
Conversion and the Shares.

 

The
Company fails to issue shares of Common Stock to the Holder (or announces or threatens in writing that it will not honor its obligation
to do so) upon exercise by the Holder of the conversion rights of the Holder in accordance with the terms of this Note, fails
to transfer or cause its transfer agent to transfer (issue) (electronically or in certificated form) any certificate for shares
of Common Stock issued to the Holder upon conversion of or otherwise pursuant to this Note as and when required by this Note,
the Company directs its transfer agent not to transfer or delays, impairs, and/or hinders its transfer agent in transferring (or
issuing) (electronically or in certificated form) any certificate for shares of Common Stock to be issued to the Holder upon conversion
of or otherwise pursuant to this Note as and when required by this Note, or fails to remove (or directs its transfer agent not
to remove or impairs, delays, and/or hinders its transfer agent from removing) any restrictive legend (or to withdraw any stop
transfer instructions in respect thereof) on any certificate for any shares of Common Stock issued to the Holder upon conversion
of or otherwise pursuant to this Note as and when required by this Note (or makes any written announcement, statement or threat
that it does not intend to honor the obligations described in this paragraph) and any such failure shall continue uncured (or
any written announcement, statement or threat not to honor its obligations shall not be rescinded in writing) for three (3) business
days after the Holder shall have delivered a Notice of Conversion. It is an obligation of the Company to remain current in its
obligations to its transfer agent. It shall be an event of default of this Note, if a conversion of this Note is delayed, hindered
or frustrated due to a balance owed by the Company to its transfer agent. If at the option of the Holder, the Holder advances
any funds to the Company’s transfer agent in order to process a conversion, such advanced funds shall be paid by the Company
to the Holder within forty eight (48) hours of a demand from the Holder.

 

3.3
Breach of Covenants.

 

The
Company breaches any material covenant or other material term or condition contained in this Note and any collateral documents
and such breach continues for a period of ten (10) days after written notice thereof to the Company from the Holder.

 

3.4
Breach of Representations and Warranties.

 

Any
representation or warranty of the Company made herein or in any agreement, statement or certificate given in writing pursuant
hereto or in connection herewith, shall be false or misleading in any material respect when made and the breach of which has (or
with the passage of time will have) a material adverse effect on the rights of the Holder with respect to this Note.

 

3.5
Receiver or Trustee.

 

The
Company or any subsidiary of the Company shall make an assignment for the benefit of creditors, or apply for or consent to the
appointment of a receiver or trustee for it or for a substantial part of its property or business, or such a receiver or trustee
shall otherwise be appointed.

 

3.6
Judgments.

 

Any
money judgment, writ or similar process shall be entered or filed against the Company or any subsidiary of the Company or any
of its property or other assets for more than $50,000, and shall remain unvacated, unbonded or unstayed for a period of twenty
(20) days unless otherwise consented to by the Holder, which consent will not be unreasonably withheld.

 

3.7
Bankruptcy.

 

Bankruptcy,
insolvency, reorganization or liquidation proceedings or other proceedings, voluntary or involuntary, for relief under any bankruptcy
law or any law for the relief of debtors shall be instituted by or against the Company or any subsidiary of the Company.

 

3.8
Delisting of Common Stock.

 

The
Company shall fail to maintain the listing or quotation of the Common Stock on the OTC PINK or an equivalent replacement exchange,
the Nasdaq Global Market, the Nasdaq Capital Market, the New York Stock Exchange, or the NYSE MKT.

 

    	 	 	 

    	 	 	 

    

 

3.9
Failure to Comply with the Exchange Act.

 

The
Company shall fail to comply with the reporting requirements of the Exchange Act; and/or the Company shall cease to be subject
to the reporting requirements of the Exchange Act. 11

 

3.10
Liquidation.

 

Any
dissolution, liquidation, or winding up of Company or any substantial portion of its business.

 

3.11
Cessation of Operations.

 

Any
cessation of operations by Company or Company admits it is otherwise generally unable to pay its debts as such debts become due,
provided, however, that any disclosure of the Company’s ability to continue as a “going concern” shall not be
an admission that the Company cannot pay its debts as they become due.

 

3.12
Financial Statement Restatement.

 

The
restatement of any financial statements filed by the Company with the SEC for any date or period from two years prior to the Issue
Date of this Note and until this Note is no longer outstanding, if the result of such restatement would, by comparison to the
unrestated financial statement, have constituted a material adverse effect on the rights of the Holder with respect to this Note.

 

3.13
Reverse Splits.

 

The
Company effectuates a reverse split of its Common Stock without twenty (20) days prior written notice to the Holder.

 

3.15
Replacement of Transfer Agent.

 

In
the event that the Company proposes to replace its transfer agent, the Company fails to provide, prior to the effective date of
such replacement, a fully executed Irrevocable Transfer Agent Instructions (including but not limited to the provision to irrevocably
reserve shares of Common Stock in the Reserved Amount) signed by the successor transfer agent to Company and the Company.

 

3.16
Cross-Default.

 

Notwithstanding
anything to the contrary contained in this Note or the other related or companion documents, a breach or default by the Company
of any covenant or other term or condition contained in any of the other convertible promissory notes currently outstanding, or
hereafter issued, by the Company (the “Other Agreements”), after the passage of all applicable notice and cure or
grace periods, shall, at the option of the Holder, be considered a default under this Note, in which event the Holder shall be
entitled (but in no event required) to apply all rights and remedies of the Holder under the terms of this Note by reason of a
default under said Other Agreement or hereunder.

 

3.17
Inside Information.

 

Any
attempt by the Company or its officers, directors, and/or affiliates to transmit, convey, disclose, or any actual transmittal,
conveyance, or disclosure by the Company or its officers, directors, and/or affiliates of, material non-public information concerning
the Company, to the Holder or its successors and assigns, which is not immediately cured by Company’s filing of a Form 8-K
pursuant to Regulation FD on that same date. Upon the occurrence and during the continuation of any Event of Default specified
in Section 3.1 (solely with respect to failure to pay the principal hereof or interest thereon when due 12 at the Maturity Date),
the Note shall become immediately due and payable and the Company shall pay to the Holder, in full satisfaction of its obligations
hereunder, an amount equal to the Default Sum (as defined herein).

 

    	 	 	 

    	 	 	 

    

 

UPON
THE OCCURRENCE AND DURING THE CONTINUATION OF ANY EVENT OF DEFAULT SPECIFIED IN SECTION 3.2, THE NOTE SHALL BECOME IMMEDIATELY
DUE AND PAYABLE AND THE COMP ANY SHALL P A Y TO THE HOLDER, IN FULL SA TISF ACTION OF ITS OBLIGATIONS HEREUNDER, AN AMOUNT EQUAL
TO: (Y) THE DEFAULT SUM (AS DEFINED HEREIN); MULTIPLIED BY (Z) TWO (2). Upon the occurrence and during the continuation of any
Event of Default specified in Sections 3.1 (solely with respect to failure to pay the principal hereof or interest thereon when
due on this Note upon a Trading Market Prepayment Event pursuant to Section 1.7 or upon acceleration), 3.3, 3.4, 3.6, 3.8, 3.9,
3.11, 3.12, 3.13, 3.14, 3. 15, 3.16, and/or 3.17 exercisable through the delivery of written notice to the Company by such Holders
(the “Default Notice”), and upon the occurrence of an Event of Default specified the remaining sections of Articles
III (other than failure to pay the principal hereof or interest thereon at the Maturity Date specified in Section 3,1 hereof),
the Note shall become immediately due and payable and the Company shall pay to the Holder, in full satisfaction of its obligations
hereunder, an amount equal to the greater of (i) 150% times the sum of (w) the then outstanding principal amount of this Note
plus (x) accrued and unpaid interest on the unpaid principal amount of this Note to the date of payment (the “Mandatory
Prepayment Date”) plus (y) Default Interest, if any, on the amounts referred to in clauses (w) and/or (x) plus (z) any amounts
owed to the Holder pursuant to Sections 1.3 and 1.4(g) hereof (the then outstanding principal amount of this Note to the date
of payment plus the amounts referred to in clauses (x), (y) and (z) shall collectively be known as the “Default Sum”)
or (ii) the “parity value” of the Default Sum to be prepaid, where parity value means (a) the highest number of shares
of Common Stock issuable upon conversion of or otherwise pursuant to such Default Sum in accordance with Article I, treating the
Trading Day immediately preceding the Mandatory Prepayment Date as the “Conversion Date” for purposes of determining
the lowest applicable Conversion Price, unless the Default Event arises as a result of a breach in respect of a specific Conversion
Date in which case such Conversion Date shall be the Conversion Date), multiplied by (b) the highest Closing Price for the Common
Stock during the period beginning on the date of first occurrence of the Event of Default and ending one day prior to the Mandatory
Prepayment Date (the “Default Amount”) and all other amounts payable hereunder shall immediately become due and payable,
all without demand, presentment or notice, all of which hereby are expressly waived, together with all costs, including, without
limitation, legal fees and expenses, of collection, and the Holder shall be entitled to exercise all other rights and remedies
available at law or in equity. If the Company fails to pay the Default Amount within five (5) business days of written notice
that such amount is due and payable, then the Holder shall have the right at any time, so long as the Company remains in default
(and so long and to the extent that there are sufficient authorized shares), to require the Company, upon written notice, to immediately
issue, in lieu of the Default Amount, the number of shares of Common Stock of the Company equal to the Default Amount divided
by the Conversion Price then in effect.

 

ARTICLE
IV. MISCELLANEOUS 

 

4.1
Failure or Indulgence Not Waiver.

 

No
failure or delay on the part of the Holder 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 privileges. All rights and remedies existing hereunder are cumulative to, and not exclusive of,
any rights or remedies otherwise available.

 

4.2
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 (i) personally served, (ii) deposited in the mail, registered or certified, return
receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed
effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile
machine, at the address or number 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 (b) on the second business day following the date of mailing by express
courier service, 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, to: Peter Anthony Chiodo Address: 1600 South Hwy 100 Suite
500 St Louis park, MN 55416 email: tony@soulandvibe.com 

 

    	 	 	 

    	 	 	 

    

 

If
to the Holder: Uptick Capital LLC 30 Morgan St Stamford Ct 06905 e-mail: ari@uptickcapital.com 

 

4.3
Amendments.

 

This
Note and any provision hereof may only be amended by an instrument in writing signed by the Company and the Holder. The term “Note”
and all reference thereto, as used throughout this instrument, shall mean this instrument as originally executed, or if later
amended or supplemented, then as so amended or supplemented.

 

4.4
Assignability.

 

This
Note shall be binding upon the Company and its successors and assigns, and shall inure to be the benefit of the Holder and its
successors and assigns. Each transferee of this Note must be an “accredited investor” (as defined in Rule 501(a) of
the 1933 Act). Notwithstanding anything in this Note to the contrary, this Note may be pledged as collateral in connection with
a bona fide margin account or other lending arrangement.

 

4.5
Cost of Collection.

 

If
default is made in the payment of this Note, the Company shall pay the Holder hereof costs of collection, including reasonable
attorneys’ fees.

 

4.6
Governing Law.

 

This
Note shall be governed by and construed in accordance with the laws of the State of New York without regard to principles of conflicts
of laws. Any action brought by either party against the other concerning the transactions contemplated by this Note shall be brought
only in the state and/or federal courts of New York. The parties to this Note hereby irrevocably waive any objection to jurisdiction
and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based
upon forum non conveniens. The Company and Holder waive trial by jury. The prevailing party shall be entitled to recover from
the other party its reasonable attorney’s fees and costs. In the event that any provision of this Note or any other agreement
delivered in connection herewith is invalid or unenforceable under any applicable statute or rule of law, then such provision
shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such statute
or rule of law. Any such provision which may prove invalid or unenforceable under any law shall not affect the validity or enforceability
of any other provision of any agreement. Each party hereby irrevocably waives personal service of process and consents to process
being served in any suit, action or proceeding in connection with this Agreement or any other Transaction Document by mailing
a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address
in effect for 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 other
manner permitted by law.

 

4.7
Certain Amounts.

 

Whenever
pursuant to this Note the Company is required to pay an amount in excess of the outstanding principal amount (or the portion thereof
required to be paid at that time) plus accrued and unpaid interest plus Default Interest on such interest, the Company and the
Holder agree that the actual damages to the Holder from the receipt of cash payment on this Note may be difficult to determine
and the amount to be so paid by the Company represents stipulated damages and not a penalty and is intended to compensate the
Holder in part for loss of the opportunity to convert this Note and to earn a return from the sale of shares of Common Stock acquired
upon conversion of this Note at a price in excess of the price paid for such shares pursuant to this Note. The Company and the
Holder hereby agree that such amount of stipulated damages is not plainly disproportionate to the possible loss to the Holder
from the receipt of a cash payment without the opportunity to convert this Note into shares of Common Stock.

 

4.8
Remedies.

 

The
Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holder, by vitiating
the intent and purpose of the transaction contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for
a breach of its obligations under this Note will be inadequate and agrees, in the event of a breach or threatened breach by the
Company of the provisions of this Note, that the Holder shall be entitled, in addition to all other available remedies at law
or in equity, and in addition to the penalties assessable herein, to an injunction or injunctions restraining, preventing or curing
any breach of this Note and to enforce specifically the terms and provisions thereof, without the necessity of showing economic
loss and without any bond or other security being required.

 

    	 	 	 

    	 	 	 

    

 

4.9
Prepayment.

 

Notwithstanding
anything to the contrary contained in this Note, the Company may prepay any amount outstanding under this Note, at any time, by
making a payment to the Holder of an amount in cash equal to 150% multiplied by the amount that the Company is prepaying.

 

4.10
Section 3(a)(10) Transactions.

 

If
at any time while this Note is outstanding, the Company enters into a transaction structured in accordance with, based upon, or
related or pursuant to, in whole or in part, Section 3(a)(10) of the Securities Act (a “3(a)(10) Transaction”), then
a liquidated damages charge of 25% of the outstanding principal balance of this Note at that time, will be assessed and will become
immediately due and payable to the Holder at its election in the form of cash payment or addition to the balance of this Note.

 

4.11
Reverse Split Penalty.

 

If
at any time while this Note is outstanding, the Company effectuates a reverse split with respect to the Common Stock, then a liquidated
damages charge of 25% of the outstanding principal balance of this Note at that time, will be assessed and will become immediately
due and payable to the Holder at its election in the form of cash payment or addition to the balance of this Note.

 

IN
WITNESS WHEREOF, Company has caused this Note to be signed in its name by its duly authorized officer this October 21, 2015.

 

	Soul and Vibe Interactive Inc. 	 
	 	 	 
	By:
    	/s/ Peter
    Anthony Chiodo	 
	Name: 	Peter Anthony Chiodo	 
	Title: 	Chief Executive Officer	 

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
A — NOTICE OF CONVERSION

 

The
undersigned hereby elects to convert $_________________ principal amount of the Note (defined below) into that number of shares
of Common Stock to be issued pursuant to the conversion of the Note (“Common Stock”) as set forth below, of Soul and
Vibe Interactive Inc., a NV corporation (the “Company”) according to the conditions of the convertible note of the
Company dated as of October 20th, 2015 (the “Note”), which was issued as of the date written below. No fee will be
charged to the Holder for any conversion, except for transfer taxes, if any.

 

Box
Checked as to applicable instructions:

 

[  ] The Company shall electronically transmit the Common Stock issuable pursuant to this Notice of Conversion to the account of
the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system (“DWAC Transfer”).
Name of DTC Prime Broker: Account Number:

 

[  ] The undersigned hereby requests that the Company issue a certificate or certificates for the number of shares of Common Stock
set forth below (which numbers are based on the Holder’s calculation attached hereto) in the name(s) specified immediately
below or, if additional space is necessary, on an attachment hereto:

 

Uptick
Capital LLC

30
Morgan St Stamford Ct 06905

E-mail:
Ari@uptickcapital.com

Date
of Conversion: _____________

Applicable
Conversion Price: $____________

Number
of Shares of Common Stock to be Issued Pursuant to Conversion of the Notes: ______________

Amount of Principal Balance Due remaining
Under the Note after this conversion: ______________

 

Uptick
Capital LLC By:_____________________________

Name:
Ari Blaine

Title:
Partner Date: ___________________________

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