Document:

Exhibit 4.3

 

ARTICLES
OF MERGER

 

MERGING

 

 

BIOXY ACQUISITION CORP.

 

A WYOMING CORPORATION

 

 

WITH AND INTO

 

 

BIOXYTRAN, INC.

 

A DELAWARE CORPORATION

 

 

Pursuant to Section 17-16-1106 of the Wyoming
Business Corporation Act

 

 

 

 

 

 

 

     

     

    

 

Bioxy Acquisition Corp. (the “Acquisition-Sub”),
does hereby certify as follows:

 

FIRST: BioxTran, Inc.
(the “Company”) is a corporation duly organized and existing under the laws of the State of Delaware and Acquisition-Sub
is a corporation duly organized and existing under the laws of the State of Wyoming.

 

SECOND: An Agreement and
Plan of Reorganization dated September 17, 2018 (the “Merger Agreement”), setting forth the terms and conditions of
the merger of Acquisition-Sub with and into the Company (the “Merger”), has been approved, adopted, certified, executed
and acknowledged by the shareholder of the Acquisition-Sub in accordance with all applicable statutes of the Wyoming Business
Corporation Act

 

THIRD: The Merger Agreement and
the Merger have been approved, adopted, certified, executed and acknowledged by the directors and stockholders of the Company
and the Company in accordance with all applicable statutes of the Delaware General Corporation Law.

 

FOURTH: The name of the
surviving entity in the Merger (the “Surviving Entity”) shall be BioxyTran, Inc.

 

FIFTH: The articles of
incorporation of the Surviving Entity shall be the articles of incorporation of Acquisition-Sub.

 

SIXTH: These Articles of Merger shall be effective
on September 21, 2018.

 

* * * * *

 

IN WITNESS WHEREOF, Bioxy Acquisition Corp.
has caused these Articles of Merger to be executed in its name as of September 20, 2018.

 

	         	BIOXY ACQUISTION CORP.
	 	 
	By:	/s/ Lawrence Bonafide
	 	Name:	Lawrence Bonafide
	 	Title:	President

  

 

 

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	State of Delaware 

Secretary of State 

Division of Corporations 

Delivered 01:08 PM 09/20/2018 

FILED 01:08 PM 09/20/2018 

SR 20186752844 - File Number 6569785	 

 

STATE OF DELAWARE 
 CERTIFICATE OF MERGER OF 
 FOREIGN CORPORATION INTO 
 A DOMESTIC CORPORATION

 

Pursuant to Title 8,
Section 252 of the Delaware General Corporation Law, the undersigned corporation executed the following Certificate of Merger:

 

FIRST: The name
of the surviving corporation is    BioxyTran, Inc.                                      
, a Delaware corporation, and the name of the corporation being merged into this surviving corporation is Bioxy
Acquisition Corp.                                        ,
a Wyoming                 corporation.

 

SECOND: The
Agreement of Merger has been approved, adopted, certified, executed and acknowledged by each of the constituent corporations pursuant
to Title 8 Section 252 of the General Corporation Law of the State of Delaware.

 

THIRD: The name
of the surviving corporation is BioxyTran, Inc.                                                   ,
a Delaware corporation.

 

FOURTH: The
Certificate of Incorporation of the surviving corporation shall be its Certificate of Incorporation. (If amendments are affected
please set forth)

 

FIFTH: The authorized
stock and par value of the non-Delaware corporation is 100 share, par value $.001 per share                        .

 

SIXTH: The merger
is to become effective on September 21, 2018                 .

 

SEVENTH: The
Agreement of Merger is on file at                     233 Needham Street,
Suite 300 Newton MA, 02464             , an office of the surviving corporation.

 

EIGHTH: A copy
of the Agreement of Merger will be furnished by the surviving corporation on request, without cost, to any stockholder of the
constituent corporations.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF, said surviving corporation has caused
this certificate to be signed by an authorized officer,
the           20th          
day of September          , A.D., 2018        .

 

	 	By:	/s/ David Platt
	 	 	Authorizd Officer
	 	 	 
	 	Name:	David Platt
	 	 	Print or Type
	 	 	 
	 	Title:	Cheif Exeutive Officer

 

    	 	4Exhibit 10.9

 

This AGREEMENT OF ACCORD AND SATISFACTION (this “Agreement”)
is made on September 17, 2018 by and between, U.S. Rare Earth Minerals, Inc., a Nevada corporation with it principal executive
offices located at 78365 Highway 111 suite 287, La Quinta, California 92243 (“the Company”) and Mrs. Eleanor
Yarbray (the “Creditor”).

 

WHEREAS, Creditor holds a 6% Senior Unsubordinated Promissory
Note, dated May 23, 2013 in the principal amount of One Hundred and Ten Thousand Dollars ($110,000), together with all interest,
penalty interest and penalty fees thereon, which is attached hereto as Exhibit A hereof (the “Promissory Note”);

 

WHEREAS, Creditor has filed UCC-1s (“UCC-1s”
securing the Promissory Note with substantially all of the assets of the Company in the form attached hereto as Exhibit B;

 

WHEREAS, all interest and principal on the Promissory
Note was due and payable on or before August 23, 2013 and is in default;

 

WHEREAS, Company seeks to mitigate all fees and expenses
associated with foreclosure on the collateral secured by the UCC-1s by the Creditor and Company and Creditor seek to resolve the
default on the Promissory Note in an amicable fashion;

 

WHEREAS, Creditor will accept as
full payment and satisfaction of the Promissory Note and all other obligations Company may have to Creditor (the “Satisfaction
Payment”) the satisfaction of the conditions set forth in Section 2 of this Agreement; and

 

WHEREAS, the Board of Directors has
determined it is in the best interests of the Company, creditors and its stockholders to enter into this Agreement.

 

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

 

1. Creditor Representations.
The Creditor represents and warrants that:

 

(a) the Creditor has a valid interest in
the Promissory Note and has made a payment of $110,000 to the Company in USD.

 

(b) the Creditor has not previously transferred
the Promissory or granted to any other individual, trust, corporation, partnership or other entity (each, a “Person”)
any right or option to purchase or any security or other interest in, the Promissory Note or entered into any agreement or understanding
with any Person to sell, option or transfer the Promissory Note or grant any security or other interest therein.

 

     

     

    

 

(c) the Promissory Note is not subject to
any judgment, tax or other lien or encumbrance or subject to any restriction.

 

(e) Creditor is of sound mind and has reached
the age of majority.

 

(d) Other than the Promissory Note of the
Company to Creditor, there are no other loans, obligations or liabilities, contingent or otherwise, owed to the Creditor by the
Company as of the date hereof.

 

2. Company Representations.

 

(a) Company is a corporation duly organized,
validly existing and in good standing under the laws of the State of Nevada and has all requisite power and authority to execute
and deliver this Agreement and all other instruments which are ancillary hereto.

 

(b) The execution and delivery of this Agreement
by the Company and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all requisite
corporate action on the part of the Company. This Agreement has been duly and validly executed and delivered by the Company and,
assuming the due execution and delivery of this Agreement by Creditor, shall constitute the valid and legally binding obligation
of the Company, enforceable against the Company in accordance with its terms, except as limited by bankruptcy, moratorium, fraudulent
transfer, reorganization and other laws of general applicability affecting the rights and remedies of creditors and by general
equitable principles (whether considered in a proceeding in equity or at law).

 

(c) Once issued in accordance with the terms
of this Agreement, the shares of Common Stock issued by the Company as required by Section 3 hereof shall be duly authorized, validly
issued, fully paid and non-assessable shares of the Company’s Common Stock.

 

3. Payment in Full and Final Satisfaction
of All Obligations Under Promissory Note. Contemporaneously with or prior to the execution of this Agreement, the Company
shall enter into and consummate the following transactions:

 

(a) Transfer of such assets and liabilities
of the Company to U.S. Rare Earth Minerals, Inc., a Wyoming corporation (“U.S. REM”), as set forth in the Asset
Purchase Agreement between the Company and U.S. REM attached hereto as Exhibit C hereof;

 

(b) AFCC, LLC (“AFCC”)
shall return 10,000 shares (post reverse split) of the Company’s preferred stock, par value $.001 per share (the “Preferred
Stock”) [to treasury];

 

(c) Company shall issue 4,455,856 shares
of Common Stock to AFCC;

 

(d) Company shall issue 147,648 shares of
Common Stock to Lawrence W. Bonafide or his designee;

 

    	 	2	 

     

    

 

(e) Company shall issue 106,399 shares of
Common Stock to David Quincy Farber or his designee;

 

(f) Company shall issue 35,067 shares of
Common Stock to David Lee or his designee;

 

(g) Company shall issue 30,060 shares of
common stock to Nathan Marks or his designee;

 

(h) Company and BioxyTran, Inc. shall enter
into the Agreement and Plan of Merger by and Among BioxyTran, Inc., Bioxy Acquisition Corp. and the Company and complete the transaction
contemplated thereby.

 

Upon completion of the foregoing, Creditor
shall deliver the original copy of the Promissory Note to the Company and an executed copy of this Agreement which shall be countersigned
by an authorized representative of the Company. Creditor authorizes Company to file UCC termination statements removing all liens
held by the Creditor.

 

(b) Effect of Agreement. Effective
immediately at the time of the execution of this Agreement by the parties hereto, all obligations of the Company to the Creditor
will be canceled and terminated and the Company, except as provided herein.

 

4. Notices. All notices or other
communications required or permitted hereunder shall be in writing and shall be deemed to have been duly given if sent by registered
or certified mail, postage prepaid, and return receipt requested to the parties or by an overnight courier service that provides
evidence of delivery or attempted delivery, addressed as set forth in the preamble of this Agreement (or at such other addresses
as designated by the parties from time to time, in writing, and delivered to the parties as provided below). Notices or other communications
so delivered shall be deemed received on the day of delivery or attempted delivery if sent by overnight courier and three days
after the date deposited in the U.S. mail if sent registered or certified mail, return receipt requested.

 

5. No Third Party Beneficiaries.
Except with respect to the covenants of the parties hereto relating to the Law Firm in Section 2(a) hereof, this Agreement is solely
for the benefit of the parties hereto and their successor and assigns and is not intended for the benefit of any other individual
or business entity.

 

6. Delay No Waiver; No Oral Changes.
No delay on the part of any party in exercising any right or remedy under this Agreement or failure to exercise the same shall
operate as a waiver in whole or in part of any such right or remedy. No amendment or waiver of any provision of this Agreement
shall be effective unless the same shall be in writing and signed by party against whom such waiver or amendment is to be
enforced, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which
given.

 

    	 	3	 

     

    

 

7. Assignment. No party may assign
or transfer its rights or delegate its duties under this Agreement without the prior written consent of the other party, which
may be granted or withheld in its sole discretion.

 

8. Release.

 

(a) Effective at the time of the execution
of this Agreement, the Creditor releases and forever discharges the Company and each of its past and present directors, officers,
employees, attorneys, agents, affiliates, successors and assigns (such group, collectively, the “Released Persons”),
from any and all claims, actions, causes of action, suits, debts, dues, sums of money, accounts, costs, expenses, liabilities,
covenants, contracts, agreements, promises, damages, judgments, executions and demands whatsoever (each a “Claim”),
in law or equity, that the Creditor ever had, now has or hereafter may have against the Company and Released Persons arising from
or relating to any matter, cause or thing whatsoever from the beginning of time through the time of such execution of this Agreement,
except for any Claims of the Creditor arising under this Agreement. The Creditor represents and warrants that the Creditor has
not assigned or otherwise transferred the released Claims, or any portion thereof.

 

(b) Creditor acknowledges and agrees that
the release she gives to the Company upon executing this Agreement applies to all claims for injuries, damages, or losses to the
Company’s person and property, real or personal (whether those injuries, damages, or losses are known or unknown, foreseen
or unforeseen, or patent or latent) which Creditor may have against the Company. Creditor explicitly waives application of the
California Civil Code Section 1542:

 

(b) Creditor certifies that she has read
the following provisions of California Civil Code Section 1542: “A general release does not extend to claims which the creditor
does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially
affected his settlement with the debtor.”

 

(d) Creditor understands and acknowledges
that the significance and consequence of this waiver of California Civil Code Section 1542 is that even if she should eventually
suffer additional damages arising out of the Promissory Note or any other obligation of Company to Creditor she will not be able
to make any claim for those damages. Further, Creditor acknowledges that she intends these consequences even as to claims for damages
that may exist as of the date of this release but which she does not know exist, and which, if known, would materially affect her
decision to execute this release, regardless, of whether its lack of knowledge is the result of ignorance, oversight, error, negligence,
or any other cause.

 

9. No Pending or Future Lawsuits.
Creditor represents that he has not commenced, and agrees he will not commence, any civil, criminal or regulatory claims, actions
or lawsuit against the Company or any of the other Released Person arising out of the Promissory.

 

    	 	4	 

     

    

 

10. Representation by Counsel. Creditor represents that
she has been advised to consult with an attorney and has carefully read and understands the scope and effect of the provisions
of this Agreement. In the event that Creditor elects to not consult with an attorney, he irrevocably waives any claim to inadequate
representation by counsel. Creditor has not relied upon any representations or statements made by the Company that are not specifically
set forth in this Agreement.

 

11. Governing Law; Consent to Jurisdiction.
This Agreement shall be governed by and construed in accordance with the laws of the State of New York without regard to its principles
of conflict of laws. Each of the parties hereby (i) irrevocably consents and agrees that any legal or equitable action or proceeding
arising under or in connection with this Agreement shall be brought exclusively in the United States District Court for the Southern
District of New York or Supreme Court of the State of New York in the County of New York, (ii) by execution and delivery of this
Agreement, irrevocably submits to and accepts, with respect to its properties and assets, generally and unconditionally, the jurisdiction
of the aforesaid courts, and irrevocably waives any and all rights it may have to object to such jurisdiction under the Constitution
or laws of the State of New York or the Constitution of the United States or otherwise, and (iii) irrevocably consents that service
of process upon it in any such action or proceeding shall be valid and effective against it or him if made either (x) in the manner
provided herein for delivery of notices hereunder or (y) any other manner permitted by law.

 

12. Waiver of Trial by Jury. ALL PARTIES TO THIS AGREEMENT
HEREBY WAIVE THEIR RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY DISPUTE RELATING TO THIS AGREEMENT.

 

13. Severability. In the event that
any provision or any portion of any provision hereof or any surviving agreement made a part hereof becomes or is declared by a
court of competent jurisdiction or arbitrator to be illegal, unenforceable, or void, this Agreement shall continue in full force
and effect without said provision or portion of provision.

 

14. Entire Agreement. This Agreement
represents the entire agreement and understanding between the Creditor and Company concerning the subject matter of this Agreement
and supersedes and replaces any and all prior agreements and understandings, whether written or oral, concerning the subject matter
of this Agreement.

 

15. Headings. Headings in this Agreement
are for convenience only and will not affect the construction of this Agreement.

 

16. Counterparts. This Agreement
may be executed and delivered in counterparts and by facsimile and as so executed and delivered shall be fully effective and binding
once executed by all parties listed as signatories hereto.

 

    	 	5	 

     

    

 

IN WITNESS WHEREOF, the undersigned have executed and
delivered this Agreement effective as of the date first written above.

 

	 	The Company:
	 	 
	 	U.S. RARE EARTH MINERALS, INC.
	 	 	 
	 	By:	 
	 	 	
        Name: Mr. Lawrence W. Bonafide

        Title: Chairman, Secretary & Treasurer

	 	 	 
	 	Creditor:
	 	 
	 	 
	 	 	Print name: Mrs. Eleanor Yarbray

 

    	 	6	 

     

    

 

Exhibit A Promissory Note

 

SENIOR UNSUBORDINATED PROMISSORY NOTE

 

May 23. 2013

$ 110,000.00

 

U.S. Rare Earth Minerals, Inc. (a
Nevada corporation), 18614 Riverwoods Drive, Bend, OR 97702, referred to herein as “MAKER,” agrees to pay to
the Order of Eleanor Yarbray, a Married Woman as Her Sole and Separate Property, 74795 North Cove Drive, Indian Wells, CA
92210, referred to herein as “HOLDER”, or order, the sum of $110,000.00 (One Hundred and Ten Thousand &
NO/100 Dollars), at Indian Wells, CA 92210 with interest thereon at rate of 6% per annum, simple interest.

 

The full amount of principal and interest
due herein shall be payable on or before August 23, 2013.

 

This note is payable in U.S. Dollars bearing
6% per annum, simple interest. At any time the maximum rate of interest applicable to this transaction shall not exceed the legal
maximum rate of interest for a note of this type. Any sums paid in excess of any lawful limitation shall be applied to principal.

 

After default herein, this Senior Unsubordinated
Promissory Note will bear interest at the highest legal rate for this type of note until paid in full. Upon any default, MAKER
agrees to pay a reasonable attorney’s fee for any and all services of an attorney, whether in or out of court, and for appeal and
post-judgment collection legal services.

 

Dated: May 23, 2013

 

IN WITNESS WHEREOF, U.S. Rare Earth Minerals,
Inc., a Nevada corporation, has caused this note to be executed by its duly authorized President and CEO.

 

	/s/ Dennis Cullison	 
	MAKER	 
	U.S. Rare Earth Minerals, Inc. (a Nevada corporation)	 
	Dennis Cullison, President and CEO	 

 

    	 	7	 

     

    

 

Exhibit B

 

 

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