Document:

Exhibit 4.1

       

       

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

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 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 GENERALLY ACCEPTABLE
FORM, THAT REGISTRATION IS NOT REQUIRED 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: $48,000.00
Issue Date: October 23, 2020 Purchase Price: $48,000.00 CONVERTIBLE PROMISSORY NOTE FOR VALUE RECEIVED, BARE METAL STANDARDS,
INC., a Idaho corporation (hereinafter called the “Borrower”), hereby promises to pay to the order of REDSTART HOLDINGS
CORP., a New York corporation, or registered assigns (the “Holder”) the sum of $48,000.00 together with any interest
as set forth herein, on October 23, 2021 (the “Maturity Date”), and to pay interest on the unpaid principal balance
hereof at the rate of ten percent (10%)(the “Interest Rate”) per annum from the date hereof (the “Issue Date”)
until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. 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 when due shall bear interest at the rate of twenty two percent (22%) 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 Borrower by written notice made in accordance with the provisions of this Note. Each capitalized term
used herein, and not otherwise defined, shall have the meaning ascribed thereto in that certain Securities Purchase Agreement
dated the date hereof, pursuant to which this Note was originally issued (the “Purchase Agreement”). 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 Borrower and will not impose personal liability upon the holder thereof. The following
terms shall apply to this Note: ARTICLE I. CONVERSION RIGHTS 1.1 Conversion Right. The Holder shall have the right from time to
time, and at any time during the period beginning on the date of issuance of this Note and ending on the later of: (i) the Maturity
Date and (ii) the date of payment of the Default Amount (as defined in Article III), each in respect of the remaining outstanding
amount of this Note to convert all or any part of the outstanding and unpaid 2 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
Borrower into which such Common Stock shall hereafter be changed or reclassified at 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 Borrower 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 4.99% 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. The beneficial ownership limitations on conversion
as set forth in the section may NOT be waived by the Holder. 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 Borrower 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 Borrower before 6:00
p.m., New York, New York time on such conversion date (the “Conversion Date”); however, if the Notice of Conversion
is sent after 6:00pm, New York, New York time the Conversion Date shall be the next business day. 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 1.4 hereof. 1.2 Conversion Price. The Conversion Price shall be equal to the Variable Conversion Price (as defined
herein)(subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the
Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications,
extraordinary distributions and similar events). The "Variable Conversion Price" shall mean 61% multiplied by the Market
Price (as defined herein) (representing a discount rate of 39%). “Market Price” means the lowest Trading Price (as
defined below) for the Common Stock during the fifteen (15) Trading Day period ending on the latest complete Trading Day prior
to the Conversion Date. “Trading Price” means, for any security as of any date, the closing bid price on the OTCQB,
OTCQX, Pink Sheets electronic quotation system or applicable trading market (the “OTC”) as reported by a reliable
reporting service (“Reporting Service”) designated by the Holder (i.e. Bloomberg) or, if the OTC is not the principal
trading market for such security, the closing bid price of such security on the principal securities exchange or trading market
where such security is listed or traded or, if no closing bid price of such security is available in any of the foregoing manners,
the average of the closing bid prices of any market makers for such security that are listed in the “pink sheets”.
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 Borrower 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 3 Common Stock is tradable for any period on the OTC, or on the principal securities
exchange or other securities market on which the Common Stock is then being traded. 1.3 Authorized Shares. The Borrower covenants
that during the period the conversion right exists, the Borrower 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 issued pursuant to the Purchase Agreement. The Borrower is required at all times to have authorized and reserved
six times the number of shares that would be issuable upon full conversion of the Note (assuming that the 4.99% limitation set
forth in Section 1.1 is not in effect)(based on the Variable Conversion Price of the Note (as defined in Section 1.2) from time
to time, initially 10,000,000 shares)(the “Reserved Amount”). The Reserved Amount shall be increased (or decreased
with the written consent of the Holder) from time to time in accordance with the Borrower’s obligations hereunder. The Borrower
represents that upon issuance, such shares will be duly and validly issued, fully paid and non-assessable. In addition, if the
Borrower 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 Variable Conversion Price, the Borrower 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 Note. The Borrower (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 Borrower 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. As set forth in Section 1.1 hereof, from time
to time, and at any time during the period beginning on the date which is one hundred eighty (180) days following the date of
this Note and ending on the later of: (i) the Maturity Date and (ii) the date of payment of the Default Amount, 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 Borrower
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
Borrower (upon payment in full of any amounts owed hereunder). (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 Borrower unless the entire unpaid principal amount of this Note is so converted. The
Holder and the Borrower 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 Borrower, so as not to require physical surrender of
this Note upon each such conversion. (c) Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower 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 4 Section 1.4, the Borrower 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 and the Purchase Agreement. Upon receipt by the Borrower 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 Borrower defaults on its obligations hereunder, 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 Borrower’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 Borrower
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 Borrower, and irrespective of any other circumstance which might otherwise limit such obligation
of the Borrower to the Holder in connection with such conversion. (d) Delivery of Common Stock by Electronic Transfer. In lieu
of delivering physical certificates representing the Common Stock issuable upon conversion, provided the Borrower 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 set forth herein, the Borrower 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. (e) 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 due to action and/or inaction of the Borrower, the Borrower shall pay to the Holder $2,000 per day in cash, for
each day beyond the Deadline that the Borrower fails to deliver such Common Stock (the “Fail to Deliver Fee”); provided;
however that the Fail to Deliver Fee shall not be due if the failure is a result of a third party (i.e., transfer agent; and not
the result of any failure to pay such transfer agent) despite the best efforts of the Borrower to effect delivery of 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 Borrower 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 Borrower 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(e) 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 Borrower 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 5 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
(such as Rule 144 or a successor rule) (“Rule 144”); or (iii) such shares are transferred to an “affiliate”
(as defined in Rule 144) of the Borrower who agrees to sell or otherwise transfer the shares only in accordance with this Section
1.5 and who is an Accredited Investor (as defined in the Purchase Agreement). Any restrictive legend on certificates representing
shares of Common Stock issuable upon conversion of this Note shall be removed and the Borrower shall issue to the Holder a new
certificate therefore free of any transfer legend if the Borrower or its transfer agent shall have received an opinion of counsel
from Holder’s counsel, in form, substance and scope customary for opinions of counsel in comparable transactions, to the
effect that (i) 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 an exemption from registration. In the event that the Company does not reasonably 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), at the Deadline, it will be considered an Event of Default pursuant to Section 3.2 of the Note. 1.6 Effect
of Certain Events. (a) Effect of Merger, Consolidation, Etc. At the option of the Holder, the sale, conveyance or disposition
of all or substantially all of the assets of the Borrower, the effectuation by the Borrower of a transaction or series of related
transactions in which more than 50% of the voting power of the Borrower is disposed of, or the consolidation, merger or other
business combination of the Borrower with or into any other Person (as defined below) or Persons when the Borrower is not the
survivor shall be deemed to be an Event of Default (as defined in Article III) pursuant to which the Borrower shall be required
to pay to the Holder upon the consummation of and as a condition to such transaction an amount equal to the Default Amount (as
defined in Article III). “Person” shall mean any individual, corporation, limited liability company, partnership,
association, trust or other entity or organization. (b) Adjustment Due to Merger, Consolidation, Etc. If, at any time when this
Note is issued and outstanding and prior to conversion of all of the Note, there shall be any merger, consolidation, exchange
of shares, recapitalization, reorganization, or other similar event, as a result of which shares of Common Stock of the Borrower
shall be changed into the same or a different number of shares of another class or classes of stock or securities of the Borrower
or another entity, or in case of any sale or conveyance of all or substantially all of the assets of the Borrower other than in
connection with a plan of complete liquidation of the Borrower, then the Holder of this Note shall thereafter have the right to
receive upon conversion of this Note, upon the basis and upon the terms and conditions specified herein and in lieu of the shares
of Common Stock immediately theretofore issuable upon conversion, such stock, securities or assets which the Holder would have
been entitled to receive in such transaction had this Note been converted in full immediately prior to such transaction (without
regard to any limitations on conversion set forth herein), and in any such case appropriate provisions shall be made with respect
to the rights and interests of the Holder of this Note to the end that the provisions hereof (including, without limitation, provisions
for adjustment of the Variable Conversion Price and of the number of shares issuable upon conversion of the Note) shall thereafter
be applicable, as nearly as may be practicable in relation to any securities or assets thereafter deliverable upon the conversion
hereof. The Borrower shall not affect any transaction described in this Section 1.6(b) unless (a) it first gives, to the extent
practicable, 6 ten (10) days prior written notice (but in any event at least five (5) days prior written notice) of the record
date of the special meeting of shareholders to approve, or if there is no such record date, the consummation of, such merger,
consolidation, exchange of shares, recapitalization, reorganization or other similar event or sale of assets (during which time
the Holder shall be entitled to convert this Note) and (b) the resulting successor or acquiring entity (if not the Borrower) assumes
by written instrument the obligations of this Note. The above provisions shall similarly apply to successive consolidations, mergers,
sales, transfers or share exchanges. (c) Adjustment Due to Distribution. If the Borrower shall declare or make any distribution
of its assets (or rights to acquire its assets) to holders of Common Stock as a dividend, stock repurchase, by way of return of
capital or otherwise (including any dividend or distribution to the Borrower’s shareholders in cash or shares (or rights
to acquire shares) of capital stock of a subsidiary (i.e., a spin-off)) (a “Distribution”), then the Holder of this
Note shall be entitled, upon any conversion of this Note after the date of record for determining shareholders entitled to such
Distribution, to receive the amount of such assets which would have been payable to the Holder with respect to the shares of Common
Stock issuable upon such conversion had such Holder been the holder of such shares of Common Stock on the record date for the
determination of shareholders entitled to such Distribution. 1.7 Prepayment. Notwithstanding anything to the contrary contained
in this Note, at any time during the periods set forth on the table immediately following this paragraph (the “Prepayment
Periods”) or as otherwise agreed to between the Borrower and the Holder, the Borrower shall have the right, exercisable
on not more than three (3) Trading Days prior written notice to the Holder of the Note to prepay the outstanding Note (principal
and accrued interest), in full, in accordance with this Section 1.7. Any notice of prepayment hereunder (an “Optional Prepayment
Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: (1) that the Borrower
is exercising its right to prepay the Note, and (2) the date of prepayment which shall be not more than three (3) Trading Days
from the date of the Optional Prepayment Notice. On the date fixed for prepayment (the “Optional Prepayment Date”),
the Borrower shall make payment of the Optional Prepayment Amount (as defined below) to Holder, or upon the direction of the Holder
as specified by the Holder in a writing to the Borrower (which shall direction to be sent to Borrower by the Holder at least one
(1) business day prior to the Optional Prepayment Date). If the Borrower exercises its right to prepay the Note, the Borrower
shall make payment to the Holder of an amount in cash equal to the percentage (“Prepayment Percentage”) as set forth
in the table immediately following this paragraph opposite the applicable Prepayment Period, multiplied by 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 Optional Prepayment Date plus (y) Default Interest, if any, on the amounts referred to in clauses (w) and (x) plus (z)
any amounts owed to the Holder pursuant to Section 1.4 hereof (the “Optional Prepayment Amount”). Prepayment Period
Prepayment Percentage 1. The period beginning on the Issue Date and ending on the date which is sixty (60) days following the
Issue Date. 120% 2. The period beginning on the date which is sixty-one (61) days following the Issue Date and ending on the date
which is ninety (90) days following the Issue Date. 125% 3. The period beginning on the date that is ninety-one (91) day from
the Issue Date and ending one hundred twenty (120) days following the Issue Date. 130% 7 4. The period beginning on the date that
is one hundred twenty-one (121) day from the Issue Date and ending one hundred fifty (150) days following the Issue Date. 135%
5. The period beginning on the date that is one hundred fifty-one (151) day from the Issue Date and ending one hundred eighty
(180) days following the Issue Date. 139% After the expiration of the Prepayment Periods set forth above, the Borrower may submit
an Optional Prepayment Notice to the Holder. Upon receipt by the Holder of the Optional Prepayment Notice post Prepayment Periods,
the prepayment shall be subject to the Holder’s and the Borrower’s agreement with respect to the applicable Prepayment
Percentage. Notwithstanding anything contained herein to the contrary, the Holder’s conversion rights herein shall not be
affected in any way until the Note is fully paid (funds received by the Holder) pursuant to an Optional Prepayment Notice. ARTICLE
II. CERTAIN COVENANTS 2.1 Sale of Assets. So long as the Borrower shall have any obligation under this Note, the Borrower shall
not, without the Holder’s written consent, sell, lease or otherwise dispose of any significant portion of its assets outside
the ordinary course of business. Any consent to the disposition of any assets may be conditioned on a specified use of the proceeds
of disposition. 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 and Interest. The Borrower fails to pay the principal hereof or interest thereon when
due on this Note, whether at maturity or upon acceleration and such breach continues for a period of five (5) days after written
notice from the Holder. 3.2 Conversion and the Shares. The Borrower 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 Borrower 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 Borrower 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 8 to a balance owed by the Borrower to its transfer
agent. If at the option of the Holder, the Holder advances any funds to the Borrower’s transfer agent in order to process
a conversion, such advanced funds shall be paid by the Borrower to the Holder within forty-eight (48) hours of a demand from the
Holder. 3.3 Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in
this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period
of twenty (20) days after written notice thereof to the Borrower from the Holder. 3.4 Breach of Representations and Warranties.
Any representation or warranty of the Borrower made herein or in any agreement, statement or certificate given in writing pursuant
hereto or in connection herewith (including, without limitation, the Purchase Agreement), 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 or the Purchase Agreement. 3.5 Receiver or Trustee. The Borrower or any subsidiary
of the Borrower 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 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 Borrower or any
subsidiary of the Borrower. 3.7 Delisting of Common Stock. The Borrower shall fail to maintain the listing of the Common Stock
on at least one of the OTC (which specifically includes the quotation platforms maintained by the OTC Markets Group) or an equivalent
replacement exchange, the Nasdaq National Market, the Nasdaq SmallCap Market, the New York Stock Exchange, or the American Stock
Exchange. 3.8 Failure to Comply with the Exchange Act. The Borrower shall fail to comply with the reporting requirements of the
Exchange Act; and/or the Borrower shall cease to be subject to the reporting requirements of the Exchange Act. 3.9 Liquidation.
Any dissolution, liquidation, or winding up of Borrower or any substantial portion of its business. 3.10 Cessation of Operations.
Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become
due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall
not be an admission that the Borrower cannot pay its debts as they become due. 3.11 Financial Statement Restatement. The restatement
of any financial statements filed by the Borrower with the SEC at any time after 180 days after the Issuance Date for any date
or period until this Note is no longer outstanding, if the result of such restatement would, by comparison to the un-restated
financial statement, have constituted a material adverse effect on the rights of the Holder with respect to this Note or the Purchase
Agreement. 9 3.12 Replacement of Transfer Agent. In the event that the Borrower proposes to replace its transfer agent, the Borrower
fails to provide, prior to the effective date of such replacement, a fully executed Irrevocable Transfer Agent Instructions in
a form as initially delivered pursuant to the Purchase Agreement (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 Borrower and the Borrower. 3.13 Cross-Default.
Notwithstanding anything to the contrary contained in this Note or the other related or companion documents, a breach or default
by the Borrower of any covenant or other term or condition contained in any of 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 and the
Other Agreements, 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 and the Other Agreements by reason of a default under said Other Agreement or hereunder. “Other
Agreements” means, collectively, all agreements and instruments between, among or by: (1) the Borrower, and, or for the
benefit of, (2) the Holder and any affiliate of the Holder, including, without limitation, promissory notes; provided, however,
the term “Other Agreements” shall not include the related or companion documents to this Note. Each of the loan transactions
will be cross-defaulted with each other loan transaction and with all other existing and future debt of Borrower to the Holder.
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 at the Maturity Date), the Note shall become immediately due and payable
and the Borrower 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 BORROWER SHALL PAY TO THE HOLDER, IN FULL SATISFACTION 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, 3.7, 3.8,
3.10, 3.11, 3.12, 3.13, and/or 3.14 exercisable through the delivery of written notice to the Borrower 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 Borrower 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 Variable 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 10 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
Borrower 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 Borrower remains in default (and so long and to the extent that
there are sufficient authorized shares), to require the Borrower, upon written notice, to immediately issue, in lieu of the Default
Amount, the number of shares of Common Stock of the Borrower equal to the Default Amount divided by the Variable 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 Borrower, to: BARE METAL STANDARDS, INC. 3604 S. Banner Street
Boise, ID 83709 Attn: John Karatzaferis, Chief Executive Officer and Chief Financial Officer Fax: Email: info@as-capital.com If
to the Holder: REDSTART HOLDINGS CORP. 1188 Willis Avenue Albertson, New York 11507 Attention: Gregg B. Solomon, President 11
e-mail: redstartholdingscorp@gmail.com With a copy by fax only to (which copy shall not constitute notice): Naidich Wurman LLP
111 Great Neck Road, Suite 216 Great Neck, NY 11021 Attn: Allison Naidich facsimile: 516-466-3555 e-mail: allison@nwlaw.com 4.3
Amendments. This Note and any provision hereof may only be amended by an instrument in writing signed by the Borrower and the
Holder. The term “Note” and all reference thereto, as used throughout this instrument, shall mean this instrument
(and the other Notes issued pursuant to the Purchase Agreement) as originally executed, or if later amended or supplemented, then
as so amended or supplemented. 4.4 Most Favored Nation. During the period where any monies are owed to the Holder pursuant to
this Note, if the Borrower engages in any future financing transactions with a third party investor, the Borrower will provide
the Holder with written notice (the “MFN Notice”) thereof promptly but in no event less than 10 days prior to closing
any financing transactions. Included with the MFN Notice shall be a copy of all documentation relating to such financing transaction
and shall include, upon written request of the Holder, any additional information related to such subsequent investment as may
be reasonably requested by the Holder. In the event the Holder determines that the terms of the subsequent investment are preferable
to the terms of the securities of the Borrower issued to the Holder pursuant to the terms of the Purchase Agreement, the Holder
will notify the Borrower in writing. Promptly after receipt of such written notice from the Holder, the Borrower agrees to amend
and restate the Securities (which may include the conversion terms of this Note), to be identical to the instruments evidencing
the subsequent investment. Notwithstanding the foregoing, this Section 4.4 shall not apply in respect of (i) an Exempt Issuance,
or (ii) an underwritten public offering of Common Stock. “Exempt Issuance” means the issuance of: (a) shares of Common
Stock or options to employees, officers, consultants, advisors or directors of the Borrower pursuant to any stock or option plan
duly adopted for such purpose by a majority of the members of the Board of Directors or a majority of the members of a committee
of directors established for such purpose, (b) securities upon the exercise or exchange of or conversion of this Note and/or other
securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date hereof,
and (c) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors
of the Borrower, provided that any such issuance shall only be to a Person which is, itself or through its subsidiaries, an operating
company in a business synergistic with the business of the Borrower and in which the Borrower receives benefits in addition to
the investment of funds, but shall not include a transaction in which the Borrower is issuing securities primarily for the purpose
of raising capital or to an entity whose primary business is investing in securities. 4.5 Assignability. This Note shall be binding
upon the Borrower 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 Securities and Exchange
Commission). 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; and may be assigned by the Holder without the consent of the Borrower.
12 4.6 Cost of Collection. If default is made in the payment of this Note, the Borrower shall pay the Holder hereof costs of collection,
including reasonable attorneys’ fees. 4.7 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 courts of New York or in the
federal courts located in the state and county of Nassau. 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 Borrower 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 Note, any agreement or any other document delivered in
connection with this Note 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 Note 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. 4.8 Purchase Agreement. By its acceptance of this Note, each party agrees to be
bound by the applicable terms of the Purchase Agreement. 4.9 Remedies. The Borrower 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 Borrower 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 Borrower 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.
IN WITNESS WHEREOF, Borrower has caused this Note to be signed in its name by its duly authorized officer this on October 23,
2020 BARE METAL STANDARDS, INC. By: _______________________________ John Karatzaferis Chief Executive Officer and Chief Financial
Officer 13 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 BARE METAL STANDARDS, INC., a Idaho corporation (the “Borrower”) according to
the conditions of the convertible note of the Borrower dated as of October 23, 2020 (the “Note”), 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 Borrower 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 Borrower 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: REDSTART HOLDINGS CORP.
1188 Willis Avenue Albertson, New York 11507 Attention: Gregg B. Solomon, President e-mail: redstartholdingscorp@gmail.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: ______________
REDSTART HOLDINGS CORP. By:_____________________________ Name: Gregg B. Solomon, President Date: __________________Exhibit 10.1

       

       

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
SECURITIES
                                         PURCHASE AGREEMENT This SECURITIES PURCHASE AGREEMENT (the "Agreement"), dated
                                         as of October 23, 2020, by and between BARE METAL STANDARDS, INC., a Idaho corporation,
                                         with its address at 3604 S. Banner Street, Boise, ID 83709 (the "Company"),
                                         and REDSTART HOLDINGS CORP., a New York corporation, with its address at 1188 Willis
                                         Avenue, Albertson, New York 11507 (the "Buyer"). WHEREAS: A. The Company and
                                         the Buyer are executing and delivering this Agreement in reliance upon the exemption
                                         from securities registration afforded by the rules and regulations as promulgated by
                                         the United States Securities and Exchange Commission (the "SEC") under the
                                         Securities Act of 1933, as amended (the "1933 Act"); and B. Buyer desires to
                                         purchase and the Company desires to issue and sell, upon the terms and conditions set
                                         forth in this Agreement a convertible note of the Company, in the form attached hereto
                                         as Exhibit A, in the aggregate principal amount of $48,000.00 (together with any note(s)
                                         issued in replacement thereof or as a dividend thereon or otherwise with respect thereto
                                         in accordance with the terms thereof, the "Note"), convertible into shares
                                         of common stock, $0.001 par value per share, of the Company (the "Common Stock"),
                                         upon the terms and subject to the limitations and conditions set forth in such Note.
                                         NOW THEREFORE, the Company and the Buyer severally (and not jointly) hereby agree as
                                         follows: 1. Purchase and Sale of Note. a. Purchase of Note. On the Closing Date (as defined
                                         below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase
                                         from the Company such principal amount of Note as is set forth immediately below the
                                         Buyer's name on the signature pages hereto. b. Form of Payment. On the Closing Date (as
                                         defined below), (i) the Buyer shall pay the purchase price for the Note to be issued
                                         and sold to it at the Closing (as defined below) (the "Purchase Price") by
                                         wire transfer of immediately available funds to the Company, in accordance with the Company's
                                         written wiring instructions, against delivery of the Note in the principal amount equal
                                         to the Purchase Price as is set forth immediately below the Buyer's name on the signature
                                         pages hereto, and (ii) the Company shall deliver such duly executed Note on behalf of
                                         the Company, to the Buyer, against delivery of such Purchase Price. c. Closing Date.
                                         Subject to the satisfaction (or written waiver) of the conditions thereto set forth in
                                         Section 6 and Section 7 below, the date and time of the issuance and sale of the Note
                                         pursuant to this Agreement (the "Closing Date") shall be 12:00 noon, Eastern
                                         Standard Time on or about October 26, 2020, or such other mutually agreed upon time.
                                         The closing of the transactions contemplated by this Agreement (the "Closing")
                                         shall occur on the Closing Date at such location as may be agreed to by the parties.
                                         2. Buyer's Representations and Warranties. The Buyer represents and warrants to the Company
                                         that: a. Investment Purpose. As of the date hereof, the Buyer is purchasing the Note
                                         and the shares of Common Stock issuable upon conversion of or otherwise pursuant to the
                                         Note (such shares of Common Stock being collectively referred to herein as the "Conversion
                                         Shares" and, collectively with the Note, the "Securities") for its own
                                         account and not with a present view towards the public sale or distribution thereof,
                                         except pursuant to sales registered or exempted from registration under the 1933 Act.
                                         b. Accredited Investor Status. The Buyer is an "accredited investor" as that
                                         term is defined in Rule 501(a) of Regulation D (an "Accredited Investor").
                                         c. Reliance on Exemptions. The Buyer understands that the Securities are being offered
                                         and sold to it in reliance upon specific exemptions from the registration requirements
                                         of United States federal and state securities laws and that the Company is relying upon
                                         the truth and accuracy of, and the Buyer's compliance with, the representations, warranties,
                                         agreements, acknowledgments and understandings of the Buyer set forth herein in order
                                         to determine the availability of such exemptions and the eligibility of the Buyer to
                                         acquire the Securities. d. Information. The Company has not disclosed to the Buyer any
                                         material nonpublic information and will not disclose such information unless such information
                                         is disclosed to the public prior to or promptly following such disclosure to the Buyer.
                                         e. Legends. The Buyer understands that the Note and, until such time as the Conversion
                                         Shares have been registered under the 1933 Act; or may be sold pursuant to an applicable
                                         exemption from registration, the Conversion Shares may bear a restrictive legend in substantially
                                         the following form: "THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN
                                         REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"),
                                         OR UNDER ANY STATE SECURITIES LAWS, AND MAY NOT BE PLEDGED, SOLD, ASSIGNED, HYPOTHECATED
                                         OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS
                                         EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR (2) THE
                                         ISSUER OF SUCH SECURITIES RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF SUCH SECURITIES,
                                         WHICH COUNSEL AND OPINION ARE REASONABLY ACCEPTABLE TO THE ISSUER'S TRANSFER AGENT, THAT
                                         SUCH SECURITIES MAY BE PLEDGED, SOLD, ASSIGNED, HYPOTHECATED OR OTHERWISE 2 TRANSFERRED
                                         WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE
                                         SECURITIES LAWS." The legend set forth above shall be removed and the Company shall
                                         issue a certificate without such legend to the holder of any Security upon which it is
                                         stamped, if, unless otherwise required by applicable state securities laws, (a) such
                                         Security is registered for sale under an effective registration statement filed under
                                         the 1933 Act or otherwise may be sold pursuant to an exemption from registration without
                                         any restriction as to the number of securities as of a particular date that can then
                                         be immediately sold, or (b) such holder provides the Company with 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 Security may be made without registration
                                         under the 1933 Act, which opinion shall be accepted by the Company so that the sale or
                                         transfer is effected. The Buyer agrees to sell all Securities, including those represented
                                         by a certificate(s) from which the legend has been removed, in compliance with applicable
                                         prospectus delivery requirements, if any. In the event that the Company does not accept
                                         the opinion of counsel provided by the Buyer with respect to the transfer of Securities
                                         pursuant to an exemption from registration, such as Rule 144, at the Deadline, it will
                                         be considered an Event of Default pursuant to Section 3.2 of the Note. f. Authorization;
                                         Enforcement. This Agreement has been duly and validly authorized. This Agreement has
                                         been duly executed and delivered on behalf of the Buyer, and this Agreement constitutes
                                         a valid and binding agreement of the Buyer enforceable in accordance with its terms.
                                         3. Representations and Warranties of the Company. The Company represents and warrants
                                         to the Buyer that: a. Organization and Qualification. The Company and each of its Subsidiaries
                                         (as defined below), if any, is a corporation duly organized, validly existing and in
                                         good standing under the laws of the jurisdiction in which it is incorporated, with full
                                         power and authority (corporate and other) to own, lease, use and operate its properties
                                         and to carry on its business as and where now owned, leased, used, operated and conducted.
                                         "Subsidiaries" means any corporation or other organization, whether incorporated
                                         or unincorporated, in which the Company owns, directly or indirectly, any equity or other
                                         ownership interest. b. Authorization; Enforcement. (i) The Company has all requisite
                                         corporate power and authority to enter into and perform this Agreement, the Note and
                                         to consummate the transactions contemplated hereby and thereby and to issue the Securities,
                                         in accordance with the terms hereof and thereof, (ii) the execution and delivery of this
                                         Agreement, the Note by the Company and the consummation by it of the transactions contemplated
                                         hereby and thereby (including without limitation, the issuance of the Note and the issuance
                                         and reservation for issuance of the Conversion Shares issuable upon conversion or exercise
                                         thereof) have been duly authorized by the Company's Board of Directors and no further
                                         consent or authorization of the Company, its Board of Directors, or its shareholders
                                         is required, 3 (iii) this Agreement has been duly executed and delivered by the Company
                                         by its authorized representative, and such authorized representative is the true and
                                         official representative with authority to sign this Agreement and the other documents
                                         executed in connection herewith and bind the Company accordingly, and (iv) this Agreement
                                         constitutes, and upon execution and delivery by the Company of the Note, each of such
                                         instruments will constitute, a legal, valid and binding obligation of the Company enforceable
                                         against the Company in accordance with its terms. c. Capitalization. As of the date hereof,
                                         the authorized common stock of the Company consists of 80,000,000 authorized shares of
                                         Common Stock, $0.001 par value per share, of which 31,195,000 shares are issued and outstanding.
                                         All of such outstanding shares of capital stock are, or upon issuance will be, duly authorized,
                                         validly issued, fully paid and non-assessable. . d. Issuance of Shares. The Conversion
                                         Shares are duly authorized and reserved for issuance and, upon conversion of the Note
                                         in accordance with its respective terms, will be validly issued, fully paid and non-assessable,
                                         and free from all taxes, liens, claims and encumbrances with respect to the issue thereof
                                         and shall not be subject to preemptive rights or other similar rights of shareholders
                                         of the Company and will not impose personal liability upon the holder thereof. e. No
                                         Conflicts. The execution, delivery and performance of this Agreement, the Note by the
                                         Company and the consummation by the Company of the transactions contemplated hereby and
                                         thereby (including, without limitation, the issuance and reservation for issuance of
                                         the Conversion Shares) will not (i) conflict with or result in a violation of any provision
                                         of the Certificate of Incorporation or By-laws, or (ii) violate or conflict with, or
                                         result in a breach of any provision of, or constitute a default (or an event which with
                                         notice or lapse of time or both could become a default) under, or give to others any
                                         rights of termination, amendment, acceleration or cancellation of, any agreement, indenture,
                                         patent, patent license or instrument to which the Company or any of its Subsidiaries
                                         is a party, or (iii) result in a violation of any law, rule, regulation, order, judgment
                                         or decree (including federal and state securities laws and regulations and regulations
                                         of any self-regulatory organizations to which the Company or its securities are subject)
                                         applicable to the Company or any of its Subsidiaries or by which any property or asset
                                         of the Company or any of its Subsidiaries 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). The businesses
                                         of the Company and its Subsidiaries, if any, are not being conducted, and shall not be
                                         conducted so long as the Buyer owns any of the Securities, in violation of any law, ordinance
                                         or regulation of any governmental entity. "Material Adverse Effect" means any
                                         material adverse effect on the business, operations, assets, financial condition or prospects
                                         of the Company or its Subsidiaries, if any, taken as a whole, or on the transactions
                                         contemplated hereby or by the agreements or instruments to be entered into in connection
                                         herewith. f. SEC Documents; Financial Statements. The Company has filed all reports,
                                         schedules, forms, statements and other documents required to be filed by it with the
                                         SEC pursuant to the reporting requirements of the Securities Exchange Act of 1934, as
                                         amended (the "1934 Act") (all of the foregoing filed prior to the date hereof
                                         and all exhibits included therein and financial statements and schedules thereto and
                                         documents (other than exhibits to such documents) incorporated by reference 4 therein,
                                         being hereinafter referred to herein as the "SEC Documents"). Upon written
                                         request the Company will deliver to the Buyer true and complete copies of the SEC Documents,
                                         except for such exhibits and incorporated documents. As of their respective dates or
                                         if amended, as of the dates of the amendments, the SEC Documents complied in all material
                                         respects with the requirements of the 1934 Act and the rules and regulations of the SEC
                                         promulgated thereunder applicable to the SEC Documents, and none of the SEC Documents,
                                         at the time they were filed with the SEC, 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. None of the statements made in any such SEC Documents is,
                                         or has been, required to be amended or updated under applicable law (except for such
                                         statements as have been amended or updated in subsequent filings prior the date hereof).
                                         As of their respective dates or if amended, as of the dates of the amendments, the financial
                                         statements of the Company included in the SEC Documents complied as to form in all material
                                         respects with applicable accounting requirements and the published rules and regulations
                                         of the SEC with respect thereto. Such financial statements have been prepared in accordance
                                         with United States generally accepted accounting principles, consistently applied, during
                                         the periods involved and fairly present in all material respects the consolidated financial
                                         position of the Company and its consolidated Subsidiaries as of the dates thereof and
                                         the consolidated results of their operations and cash flows for the periods then ended
                                         (subject, in the case of unaudited statements, to normal year-end audit adjustments).
                                         The Company is subject to the reporting requirements of the 1934 Act. g. Absence of Certain
                                         Changes. Since July 31, 2020, except as set forth in the SEC Documents, there has been
                                         no material adverse change and no material adverse development in the assets, liabilities,
                                         business, properties, operations, financial condition, results of operations, prospects
                                         or 1934 Act reporting status of the Company or any of its Subsidiaries. h. Absence of
                                         Litigation. Except as set forth in the SEC Documents, there is no action, suit, claim,
                                         proceeding, inquiry or investigation before or by any court, public board, government
                                         agency, self-regulatory organization or body pending or, to the knowledge of the Company
                                         or any of its Subsidiaries, threatened against or affecting the Company or any of its
                                         Subsidiaries, or their officers or directors in their capacity as such, that could have
                                         a Material Adverse Effect. The Company and its Subsidiaries are unaware of any facts
                                         or circumstances which might give rise to any of the foregoing. i. No Integrated Offering.
                                         Neither the Company, nor any of its affiliates, nor any person acting on its or their
                                         behalf, has directly or indirectly made any offers or sales in any security or solicited
                                         any offers to buy any security under circumstances that would require registration under
                                         the 1933 Act of the issuance of the Securities to the Buyer. The issuance of the Securities
                                         to the Buyer will not be integrated with any other issuance of the Company's securities
                                         (past, current or future) for purposes of any shareholder approval provisions applicable
                                         to the Company or its securities. j. No Brokers. The Company has taken no action which
                                         would give rise to any claim by any person for brokerage commissions, transaction fees
                                         or similar payments relating to this Agreement or the transactions contemplated hereby.
                                         5 k. No Investment Company. The Company is not, and upon the issuance and sale of the
                                         Securities as contemplated by this Agreement will not be an "investment company"
                                         required to be registered under the Investment Company Act of 1940 (an "Investment
                                         Company"). The Company is not controlled by an Investment Company. I. Breach of
                                         Representations and Warranties by the Company. If the Company breaches any of the representations
                                         or warranties set forth in this Section 3, and in addition to any other remedies available
                                         to the Buyer pursuant to this Agreement, it will be considered an Event of default under
                                         Section 3.4 of the Note. 4. COVENANTS. a. Best Efforts. The Company shall use its best
                                         efforts to satisfy timely each of the conditions described in Section 7 of this Agreement.
                                         b. Form D; Blue Sky Laws. The Company agrees to timely make any filings required by federal
                                         and state laws as a result of the closing of the transactions contemplated by this Agreement.
                                         c. Use of Proceeds. The Company shall use the proceeds for general working capital purposes.
                                         d. Expenses. At the Closing, the Company's obligation with respect to the transactions
                                         contemplated by this Agreement is to reimburse Buyer' expenses shall be $3,000.00 for
                                         Buyer's legal fees and due diligence fee. e. Corporate Existence. So long as the Buyer
                                         beneficially owns any Note, the Company shall maintain its corporate existence and shall
                                         not sell all or substantially all of the Company's assets, except with the prior written
                                         consent of the Buyer. f. Breach of Covenants. If the Company breaches any of the covenants
                                         set forth in this Section 4, and in addition to any other remedies available to the Buyer
                                         pursuant to this Agreement, it will be considered an event of default under Section 3.4
                                         of the Note. g. Failure to Comply with the 1934 Act. So long as the Buyer beneficially
                                         owns the Note, the Company shall comply with the reporting requirements of the 1934 Act;
                                         and the Company shall continue to be subject to the reporting requirements of the 1934
                                         Act. h. The Buyer is Not a "Dealer". The Buyer and the Company hereby acknowledge
                                         and agree that the Buyer has not: (i) acted as an underwriter; (ii) acted as a market
                                         maker or specialist; (iii) acted as "de facto" market maker; or (iv) conducted
                                         any other professional market 6 activities such as providing investment advice, extending
                                         credit and lending securities in connection; and thus that the Buyer is not a "Dealer"
                                         as such term is defined in the 1934 Act. 5. Transfer Agent Instructions. The Company
                                         shall issue irrevocable instructions to its transfer agent to issue certificates, registered
                                         in the name of the Buyer or its nominee, for the Conversion Shares in such amounts as
                                         specified from time to time by the Buyer to the Company upon conversion of the Note in
                                         accordance with the terms thereof (the "Irrevocable Transfer Agent Instructions").
                                         In the event that the Company proposes to replace its transfer agent, the Company shall
                                         provide, prior to the effective date of such replacement, a fully executed Irrevocable
                                         Transfer Agent Instructions in a form as initially delivered pursuant to this Agreement
                                         (including but not limited to the provision to irrevocably reserve shares of Common Stock
                                         in the Reserved Amount as such term is defined in the Note) signed by the successor transfer
                                         agent to Company and the Company. Prior to registration of the Conversion Shares under
                                         the 1933 Act or the date on which the Conversion Shares may be sold pursuant to an exemption
                                         from registration, all such certificates shall bear the restrictive legend specified
                                         in Section 2(e) of this Agreement. The Company warrants that: (i) no instruction other
                                         than the Irrevocable Transfer Agent Instructions referred to in this Section 5, will
                                         be given by the Company to its transfer agent and that the Securities shall otherwise
                                         be freely transferable on the books and records of the Company as and to the extent provided
                                         in this Agreement and the Note; (ii) it will not direct its transfer agent not to transfer
                                         or delay, impair, and/or hinder its transfer agent in transferring (or issuing)(electronically
                                         or in certificated form) any certificate for Conversion Shares to be issued to the Buyer
                                         upon conversion of or otherwise pursuant to the Note as and when required by the Note
                                         and this Agreement; and (iii) it will not fail 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 Conversion Shares issued to the Buyer upon conversion of or
                                         otherwise pursuant to the Note as and when required by the Note and/or this Agreement.
                                         If the Buyer provides the Company and the Company's transfer, at the cost of the Buyer,
                                         with an opinion of counsel in form, substance and scope customary for opinions in comparable
                                         transactions, to the effect that a public sale or transfer of such Securities may be
                                         made without registration under the 1933 Act, the Company shall permit the transfer,
                                         and, in the case of the Conversion Shares, promptly instruct its transfer agent to issue
                                         one or more certificates, free from restrictive legend, in such name and in such denominations
                                         as specified by the Buyer. The Company acknowledges that a breach by it of its obligations
                                         hereunder will cause irreparable harm to the Buyer, by vitiating the intent and purpose
                                         of the transactions contemplated hereby. Accordingly, the Company acknowledges that the
                                         remedy at law for a breach of its obligations under this Section 5 may be inadequate
                                         and agrees, in the event of a breach or threatened breach by the Company of the provisions
                                         of this Section, that the Buyer shall be entitled, in addition to all other available
                                         remedies, to an injunction restraining any breach and requiring immediate transfer, without
                                         the necessity of showing economic loss and without any bond or other security being required.
                                         7 6. Conditions to the Company's Obligation to Sell. The obligation of the Company hereunder
                                         to issue and sell the Note to the Buyer at the Closing is subject to the satisfaction,
                                         at or before the Closing Date of each of the following conditions thereto, provided that
                                         these conditions are for the Company's sole benefit and may be waived by the Company
                                         at any time in its sole discretion: a. The Buyer shall have executed this Agreement and
                                         delivered the same to the Company. b. The Buyer shall have delivered the Purchase Price
                                         in accordance with Section 1(b) above. c. The representations and warranties of the Buyer
                                         shall be true and correct in all material respects as of the date when made and as of
                                         the Closing Date as though made at that time (except for representations and warranties
                                         that speak as of a specific date), and the Buyer shall have performed, satisfied and
                                         complied in all material respects with the covenants, agreements and conditions required
                                         by this Agreement to be performed, satisfied or complied with by the Buyer at or prior
                                         to the Closing Date. d. No litigation, statute, rule, regulation, executive order, decree,
                                         ruling or injunction shall have been enacted, entered, promulgated or endorsed by or
                                         in any court or governmental authority of competent jurisdiction or any self-regulatory
                                         organization having authority over the matters contemplated hereby which prohibits the
                                         consummation of any of the transactions contemplated by this Agreement. 7. Conditions
                                         to The Buyer's Obligation to Purchase. The obligation of the Buyer hereunder to purchase
                                         the Note at the Closing is subject to the satisfaction, at or before the Closing Date
                                         of each of the following conditions, provided that these conditions are for the Buyer's
                                         sole benefit and may be waived by the Buyer at any time in its sole discretion: a. The
                                         Company shall have executed this Agreement and delivered the same to the Buyer. b. The
                                         Company shall have delivered to the Buyer the duly executed Note (in such denominations
                                         as the Buyer shall request) in accordance with Section 1(b) above. c. The Irrevocable
                                         Transfer Agent Instructions, in form and substance satisfactory to the Buyer, shall have
                                         been delivered to and acknowledged in writing by the Company's Transfer Agent. d. The
                                         representations and warranties of the Company shall be true and correct in all material
                                         respects as of the date when made and as of the Closing Date as though made at such time
                                         (except for representations and warranties that speak as of a specific date) and the
                                         Company shall have performed, satisfied and complied in all material respects with the
                                         covenants, agreements and 8 conditions required by this Agreement to be performed, satisfied
                                         or complied with by the Company at or prior to the Closing Date. The Buyer shall have
                                         received a certificate or certificates, executed by the chief executive officer of the
                                         Company, dated as of the Closing Date, to the foregoing effect and as to such other matters
                                         as may be reasonably requested by the Buyer including, but not limited to certificates
                                         with respect to the Board of Directors' resolutions relating to the transactions contemplated
                                         hereby. e. No litigation, statute, rule, regulation, executive order, decree, ruling
                                         or injunction shall have been enacted, entered, promulgated or endorsed by or in any
                                         court or governmental authority of competent jurisdiction or any self-regulatory organization
                                         having authority over the matters contemplated hereby which prohibits the consummation
                                         of any of the transactions contemplated by this Agreement. f. No event shall have occurred
                                         which could reasonably be expected to have a Material Adverse Effect on the Company including
                                         but not limited to a change in the 1934 Act reporting status of the Company or the failure
                                         of the Company to be timely in its 1934 Act reporting obligations. g. The Conversion
                                         Shares shall have been authorized for quotation on an exchange or electronic quotation
                                         system and trading in the Common Stock on such exchange or electronic quotation system
                                         shall not have been suspended by the SEC or an exchange or electronic quotation system.
                                         h. The Buyer shall have received an officer's certificate described in Section 3(d) above,
                                         dated as of the Closing Date. 8. Governing Law; Miscellaneous. a. Governing Law. This
                                         Agreement 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 Agreement
                                         shall be brought only in the state courts of New York or in the federal courts located
                                         in the state and county of Nassau. The parties to this Agreement 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 Buyer 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 Agreement 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, the Note or any related document
                                         or agreement 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 9 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. b. Counterparts.
                                         This Agreement may be executed in one or more counterparts, each of which shall be deemed
                                         an original but all of which shall constitute one and the same agreement and shall become
                                         effective when counterparts have been signed by each party and delivered to the other
                                         party. c. Headings. The headings of this Agreement are for convenience of reference only
                                         and shall not form part of, or affect the interpretation of, this Agreement. d. Severability.
                                         In the event that any provision of this Agreement 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 provision hereof which may prove invalid or unenforceable
                                         under any law shall not affect the validity or enforceability of any other provision
                                         hereof. e. Entire Agreement; Amendments. This Agreement and the instruments referenced
                                         herein contain the entire understanding of the parties with respect to the matters covered
                                         herein and therein and, except as specifically set forth herein or therein, neither the
                                         Company nor the Buyer makes any representation, warranty, covenant or undertaking with
                                         respect to such matters. No provision of this Agreement may be waived or amended other
                                         than by an instrument in writing signed by the majority in interest of the Buyer. f.
                                         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 as set forth in the heading of this Agreement with a copy by fax only to (which copy
                                         shall not constitute notice) to Naidich Wurman LLP, 111 Great Neck Road, Suite 214, Great
                                         Neck, NY 11021, Attn: Allison Naidich, facsimile: 516-466-3555, e-mail: allison@nwlaw.com.
                                         Each party shall provide notice to the other party of any change in address. 10 g. Successors
                                         and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties
                                         and their successors and assigns. Neither the Company nor the Buyer shall assign this
                                         Agreement or any rights or obligations hereunder without the prior written consent of
                                         the other. Notwithstanding the foregoing, the Buyer may assign its rights hereunder to
                                         any person that purchases Securities in a private transaction from the Buyer or to any
                                         of its "affiliates," as that term is defined under the 1934 Act, without the
                                         consent of the Company. h. Survival. The representations and warranties of the Company
                                         and the agreements and covenants set forth in this Agreement shall survive the closing
                                         hereunder notwithstanding any due diligence investigation conducted by or on behalf of
                                         the Buyer. The Company agrees to indemnify and hold harmless the Buyer and all their
                                         officers, directors, employees and agents for loss or damage arising as a result of or
                                         related to any breach or alleged breach by the Company of any of its representations,
                                         warranties and covenants set forth in this Agreement or any of its covenants and obligations
                                         under this Agreement, including advancement of expenses as they are incurred. i. 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. j. 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.
                                         k. Remedies. The Company acknowledges that a breach by it of its obligations hereunder
                                         will cause irreparable harm to the Buyer 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 Agreement will be inadequate and agrees, in the
                                         event of a breach or threatened breach by the Company of the provisions of this Agreement,
                                         that the Buyer 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 Agreement and to enforce
                                         specifically the terms and provisions hereof, without the necessity of showing economic
                                         loss and without any bond or other security being required. [THE REMAINDER OF THIS PAGE
                                         IS INTENTIONALLY LEFT BLANK] 11 IN WITNESS WHEREOF, the undersigned Buyer and the Company
                                         have caused this Agreement to be duly executed as of the date first above written. BARE
                                         METAL STANDARDS, INC. By: John Karatzaferis Chief Executive Officer and Chief Financial
                                         Officer REDSTART HOLDINGS CORP. By: Gregg B. Solomon President AGGREGATE SUBSCRIPTION
                                         AMOUNT: Aggregate Principal Amount of Note: $48,000.00 Aggregate Purchase Price: $48,000.00
                                         12

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