Document:

Exhibit 10.1

  

FIRST
AMENDMENT TO AGREEMENT AND PLAN OF MERGER

 

This
FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGER (this “Amendment”) is made as of April 9, 2013, by and among Broadcast
International, Inc., a Utah corporation (“Parent”), Alta Acquisition Corporation, a Nevada corporation (“Merger
Sub”) and AllDigital Holdings, Inc., a Nevada corporation (the “Company”) with respect to the Agreement and
Plan of Merger dated January 6, 2013 among Parent, Merger Sub and the Company (the “Merger Agreement”).

 

W
I T N E S S E T H:

 

WHEREAS,
subsequent to signing the Merger Agreement, certain questions and issues have arisen that have required time to resolve; and

 

WHEREAS,
the parties to the Merger Agreement desire to continue to work together in order to resolve all concerns, but desire to amend
certain provisions of the Merger Agreement as set forth herein in order to provide the parties with some flexibility during the
period of such cooperation.

 

NOW,
THEREFORE, in consideration of the foregoing premises and the representations, warranties, covenants and agreements set forth
herein, as well as other good and valuable consideration set forth herein and in the Merger Agreement, the receipt and sufficiency
of which are hereby acknowledged and accepted, and intending to be legally bound hereby, Parent, Merger Sub and the Company hereby
agree as follows:

 

	1.	Defined
                                                                                                                                                                                                             Terms.
                                                                                                                                                                                                             Capitalized
                                                                                                                                                                                                             terms
                                                                                                                                                                                                             used
                                                                                                                                                                                                             but
                                                                                                                                                                                                             not
                                                                                                                                                                                                             defined
                                                                                                                                                                                                             herein
                                                                                                                                                                                                             shall
                                                                                                                                                                                                             have
                                                                                                                                                                                                             the
                                                                                                                                                                                                             meanings
                                                                                                                                                                                                             ascribed
                                                                                                                                                                                                             to
                                                                                                                                                                                                             them
                                                                                                                                                                                                             under
                                                                                                                                                                                                             the
                                                                                                                                                                                                             Merger
                                                                                                                                                                                                             Agreement.
	 	 
	2.	Amendments
                                                                                                                                                                                                             to
                                                                                                                                                                                                             Merger
                                                                                                                                                                                                             Agreement.
	 	 

		a.	Amendment
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 Termination
                                                                                                                                                                                                                 Provisions.
                                                                                                                                                                                                                 Section
                                                                                                                                                                                                                 8.1
                                                                                                                                                                                                                 to
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Merger
                                                                                                                                                                                                                 Agreement
                                                                                                                                                                                                                 is
                                                                                                                                                                                                                 amended
                                                                                                                                                                                                                 by
                                                                                                                                                                                                                 adding
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 following
                                                                                                                                                                                                                 subsection
                                                                                                                                                                                                                 (l):
                                                                                                                                                                                                                 

 

(l)
by either Parent or the Company, without cause, upon three (3) days advance written notice to the other parties to this Agreement.
Subsection (iii) of Section 8.2 shall not apply to a termination under this Section 8.2(l) and, notwithstanding such subsection,
if this Agreement is terminated under Section 8.2(l), no party shall have any liability to the other party upon termination of
this Agreement.

 

		b.	Suspension
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 No-Shop
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 Related
                                                                                                                                                                                                                 Provisions.
                                                                                                                                                                                                                 From
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 date
                                                                                                                                                                                                                 first
                                                                                                                                                                                                                 set
                                                                                                                                                                                                                 forth
                                                                                                                                                                                                                 above
                                                                                                                                                                                                                 until
                                                                                                                                                                                                                 such
                                                                                                                                                                                                                 date
                                                                                                                                                                                                                 as
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Company
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 Parent
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 have
                                                                                                                                                                                                                 both
                                                                                                                                                                                                                 approved,
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 Parent
                                                                                                                                                                                                                 has
                                                                                                                                                                                                                 filed
                                                                                                                                                                                                                 with
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 SEC,
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Joint
                                                                                                                                                                                                                 Proxy
                                                                                                                                                                                                                 Statement/Prospectus
                                                                                                                                                                                                                 (such
                                                                                                                                                                                                                 date,
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 “Move
                                                                                                                                                                                                                 Forward
                                                                                                                                                                                                                 Date”),
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 application
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 effectiveness
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 provisions
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 Sections
                                                                                                                                                                                                                 4.4,
                                                                                                                                                                                                                 4.5,
                                                                                                                                                                                                                 5.1,
                                                                                                                                                                                                                 5.2,
                                                                                                                                                                                                                 5.3
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 5.4
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Merger
                                                                                                                                                                                                                 Agreement
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 be
                                                                                                                                                                                                                 suspended.
                                                                                                                                                                                                                 From
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 after
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 occurrence
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Move
                                                                                                                                                                                                                 Forward
                                                                                                                                                                                                                 Date,
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 suspension
                                                                                                                                                                                                                 effected
                                                                                                                                                                                                                 by
                                                                                                                                                                                                                 this
                                                                                                                                                                                                                 Section
                                                                                                                                                                                                                 2(b)
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 this
                                                                                                                                                                                                                 Amendment
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 expire,
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 Sections
                                                                                                                                                                                                                 4.4,
                                                                                                                                                                                                                 4.5,
                                                                                                                                                                                                                 5.1,
                                                                                                                                                                                                                 5.2,
                                                                                                                                                                                                                 5.3
                                                                                                                                                                                                                 and
                                                                                                                                                                                                                 5.4
                                                                                                                                                                                                                 of
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Merger
                                                                                                                                                                                                                 Agreement
                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                 once
                                                                                                                                                                                                                 again
                                                                                                                                                                                                                 represent
                                                                                                                                                                                                                 binding
                                                                                                                                                                                                                 obligations
                                                                                                                                                                                                                 under
                                                                                                                                                                                                                 the
                                                                                                                                                                                                                 Merger
                                                                                                                                                                                                                 Agreement.
                                                                                                                                                                                                                 

	3.	No
                                                                                                                                                                                                             Other
                                                                                                                                                                                                             Changes.
                                                                                                                                                                                                             Except
                                                                                                                                                                                                             as
                                                                                                                                                                                                             amended
                                                                                                                                                                                                             by
                                                                                                                                                                                                             this
                                                                                                                                                                                                             Amendment,
                                                                                                                                                                                                             the
                                                                                                                                                                                                             Merger
                                                                                                                                                                                                             Agreement
                                                                                                                                                                                                             remains
                                                                                                                                                                                                             in
                                                                                                                                                                                                             full
                                                                                                                                                                                                             force
                                                                                                                                                                                                             and
                                                                                                                                                                                                             effect
                                                                                                                                                                                                             and
                                                                                                                                                                                                             is
                                                                                                                                                                                                             hereby
                                                                                                                                                                                                             ratified
                                                                                                                                                                                                             and
                                                                                                                                                                                                             confirmed
                                                                                                                                                                                                             by
                                                                                                                                                                                                             Parent,
                                                                                                                                                                                                             Merger
                                                                                                                                                                                                             Sub
                                                                                                                                                                                                             and
                                                                                                                                                                                                             the
                                                                                                                                                                                                             Company.
                                                                                                                                                                                                             
	 	 
	4.	Misc.
                                                                                                                                                                                                             Terms.
                                                                                                                                                                                                             This
                                                                                                                                                                                                             Amendment
                                                                                                                                                                                                             shall
                                                                                                                                                                                                             be
                                                                                                                                                                                                             governed
                                                                                                                                                                                                             by
                                                                                                                                                                                                             the
                                                                                                                                                                                                             general
                                                                                                                                                                                                             terms
                                                                                                                                                                                                             and
                                                                                                                                                                                                             provisions
                                                                                                                                                                                                             set
                                                                                                                                                                                                             forth
                                                                                                                                                                                                             in
                                                                                                                                                                                                             Section
                                                                                                                                                                                                             9
                                                                                                                                                                                                             of
                                                                                                                                                                                                             the
                                                                                                                                                                                                             Merger
                                                                                                                                                                                                             Agreement.
                                                                                                                                                                                                             

 

[intentionally
left blank; signature page follows]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGER to be duly executed by their
respective authorized officers as of the day and year first above written.

  

	 	BROADCAST
    INTERNATIONAL, INC.
	 	 
	 	By:	/s/
	 	Name:	 
	 	Title:	 
	 	 	 
	 	ALTA
    ACQUISITIONS CORPORATION
	 	 
	 	By:	/s/
	 	Name:	 
	 	Title:	 
	 	 	 
	 	ALLDIGITAL
    HOLDINGS, INC.
	 	 
	 	By:	/s/
	 	Name:	 
	 	Title:	 

 

[Signature
Page to First Amendment to Agreement and Plan of Merger]Exhibit 10.8

 

AMENDED
Share Exchange AGREEMENT

 

THIS
AGREEMENT is made effective as of the 14th day of May, 2013

 

AMONG:

 

SILVERSTAR
MINING CORP., a corporation organized under the laws of the State of Nevada, with its executive office located at 2500 Plaza
5, 25th Floor, Harborside Financial Center, Jersey City, NJ, 07311 (“Pubco”)

 

AND:

 

ARRIBA
RESOURCES INC., a corporation organized under the laws of Canada, with its executive office located at 2301-1277 Melville
Street Vancouver BC, Canada (“Priveco”)

 

AND:

 

THE UNDERSIGNED
SHAREHOLDERS OF PRIVECO AS LISTED ON Schedule 1 ATTACHED HERETO

 

(the
“Selling Shareholders”)

  

WHEREAS:

 

A.                     The
Selling Shareholders are the registered and beneficial owners of all 20,899,262 issued and outstanding common shares in the capital
of Priveco;

 

B.                      Pubco
has agreed to issue 2,089,926 common shares of Pubco in exchange for all of the issued and outstanding capital stock of Priveco
held by Selling Shareholders in accordance with Schedule 1.

 

C.                      Upon
the terms and subject to the conditions set forth in this Agreement, the Selling Shareholders have agreed to sell all of the issued
and outstanding common shares of Priveco held by the Selling Shareholders to Pubco in exchange for common shares of Pubco.

 

THEREFORE,
in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration (the receipt
and sufficiency of which are hereby acknowledged), the parties covenant and agree as follows:

 

	1.		DEFINITIONS

 

	1.1		Definitions.
                                                                                                                                                                                                                                                         The
                                                                                                                                                                                                                                                         following
                                                                                                                                                                                                                                                         terms
                                                                                                                                                                                                                                                         have
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         following
                                                                                                                                                                                                                                                         meanings,
                                                                                                                                                                                                                                                         unless
                                                                                                                                                                                                                                                         the
                                                                                                                                                                                                                                                         context
                                                                                                                                                                                                                                                         indicates
                                                                                                                                                                                                                                                         otherwise:

 

	(a)		“Agreement”
                                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                                  mean
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  exhibits,
                                                                                                                                                                                                                                  schedules
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  attached
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  referred
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  amendments
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  supplements,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  any,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
	 	 	 

	(b)		“Closing”
                                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                                  mean
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  completion
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction,
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  7
                                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Documents
                                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  exchanged
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  parties,
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  those
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  items
                                                                                                                                                                                                                                  specifically
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  exchanged
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  later
                                                                                                                                                                                                                                  time;

 

    	 

    	 

    

 

	(c)		“Closing
                                                                                                                                                                                                                                                       Date”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       a
                                                                                                                                                                                                                                                       date
                                                                                                                                                                                                                                                       mutually
                                                                                                                                                                                                                                                       agreed
                                                                                                                                                                                                                                                       upon
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       parties
                                                                                                                                                                                                                                                       hereto
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       writing
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       accordance
                                                                                                                                                                                                                                                       with
                                                                                                                                                                                                                                                       Section
                                                                                                                                                                                                                                                       10.6
                                                                                                                                                                                                                                                       following
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       satisfaction
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       waiver
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       Priveco
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       conditions
                                                                                                                                                                                                                                                       precedent
                                                                                                                                                                                                                                                       set
                                                                                                                                                                                                                                                       out
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       Sections
                                                                                                                                                                                                                                                       5.1
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       5.2
                                                                                                                                                                                                                                                       respectively;
	 	 	 

	(d)		“Closing
                                                                                                                                                                                                                                                       Documents”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       papers,
                                                                                                                                                                                                                                                       instruments
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       documents
                                                                                                                                                                                                                                                       required
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       executed
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       delivered
                                                                                                                                                                                                                                                       at
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Closing
                                                                                                                                                                                                                                                       pursuant
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       this
                                                                                                                                                                                                                                                       Agreement;
	 	 	 

	(e)		“Exchange
                                                                                                                                                                                                                                                       Act”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       United
                                                                                                                                                                                                                                                       States
                                                                                                                                                                                                                                                       Securities
                                                                                                                                                                                                                                                       Exchange
                                                                                                                                                                                                                                                       Act
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       1934,
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       amended;
	 	 	 

	(f)		“GAAP”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       United
                                                                                                                                                                                                                                                       States
                                                                                                                                                                                                                                                       generally
                                                                                                                                                                                                                                                       accepted
                                                                                                                                                                                                                                                       accounting
                                                                                                                                                                                                                                                       principles
                                                                                                                                                                                                                                                       applied
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       a
                                                                                                                                                                                                                                                       manner
                                                                                                                                                                                                                                                       consistent
                                                                                                                                                                                                                                                       with
                                                                                                                                                                                                                                                       prior
                                                                                                                                                                                                                                                       periods;
	 	 	 

	(g)		“Liabilities”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       include
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       direct
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       indirect
                                                                                                                                                                                                                                                       indebtedness,
                                                                                                                                                                                                                                                       guaranty,
                                                                                                                                                                                                                                                       endorsement,
                                                                                                                                                                                                                                                       claim,
                                                                                                                                                                                                                                                       loss,
                                                                                                                                                                                                                                                       damage,
                                                                                                                                                                                                                                                       deficiency,
                                                                                                                                                                                                                                                       cost,
                                                                                                                                                                                                                                                       expense,
                                                                                                                                                                                                                                                       obligation
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       responsibility,
                                                                                                                                                                                                                                                       fixed
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       unfixed,
                                                                                                                                                                                                                                                       known
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       unknown,
                                                                                                                                                                                                                                                       asserted
                                                                                                                                                                                                                                                       choate
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       inchoate,
                                                                                                                                                                                                                                                       liquidated
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       unliquidated,
                                                                                                                                                                                                                                                       secured
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       unsecured;
	 	 	 

	(h)		“Priveco
                                                                                                                                                                                                                                                       Shares”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       20,899,262
                                                                                                                                                                                                                                                       common
                                                                                                                                                                                                                                                       shares
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       Priveco
                                                                                                                                                                                                                                                       held
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Selling
                                                                                                                                                                                                                                                       Shareholders,
                                                                                                                                                                                                                                                       being
                                                                                                                                                                                                                                                       all
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       issued
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       outstanding
                                                                                                                                                                                                                                                       common
                                                                                                                                                                                                                                                       shares
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       Priveco
                                                                                                                                                                                                                                                       beneficially
                                                                                                                                                                                                                                                       held,
                                                                                                                                                                                                                                                       either
                                                                                                                                                                                                                                                       directly
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       indirectly,
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Selling
                                                                                                                                                                                                                                                       Shareholders;
	 	 	 

	(i)		“Pubco
                                                                                                                                                                                                                                                       Shares”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       2,089,926
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Common
                                                                                                                                                                                                                                                       Shares
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       issued
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Selling
                                                                                                                                                                                                                                                       Shareholders
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Closing
                                                                                                                                                                                                                                                       Date.
	 	 	 

	(j)		“SEC”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Securities
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       Exchange
                                                                                                                                                                                                                                                       Commission;
	 	 	 

	(k)		“Securities
                                                                                                                                                                                                                                                       Act”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       United
                                                                                                                                                                                                                                                       States
                                                                                                                                                                                                                                                       Securities
                                                                                                                                                                                                                                                       Act
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       1933,
                                                                                                                                                                                                                                                       as
                                                                                                                                                                                                                                                       amended;
	 	 	 

	(l)		“Taxes”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       include
                                                                                                                                                                                                                                                       international,
                                                                                                                                                                                                                                                       federal,
                                                                                                                                                                                                                                                       state,
                                                                                                                                                                                                                                                       provincial
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       local
                                                                                                                                                                                                                                                       income
                                                                                                                                                                                                                                                       taxes,
                                                                                                                                                                                                                                                       capital
                                                                                                                                                                                                                                                       gains
                                                                                                                                                                                                                                                       tax,
                                                                                                                                                                                                                                                       value-added
                                                                                                                                                                                                                                                       taxes,
                                                                                                                                                                                                                                                       franchise,
                                                                                                                                                                                                                                                       personal
                                                                                                                                                                                                                                                       property
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       real
                                                                                                                                                                                                                                                       property
                                                                                                                                                                                                                                                       taxes,
                                                                                                                                                                                                                                                       levies,
                                                                                                                                                                                                                                                       assessments,
                                                                                                                                                                                                                                                       tariffs,
                                                                                                                                                                                                                                                       duties
                                                                                                                                                                                                                                                       (including
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       customs
                                                                                                                                                                                                                                                       duty),
                                                                                                                                                                                                                                                       business
                                                                                                                                                                                                                                                       license
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       other
                                                                                                                                                                                                                                                       fees,
                                                                                                                                                                                                                                                       sales,
                                                                                                                                                                                                                                                       use
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       other
                                                                                                                                                                                                                                                       taxes
                                                                                                                                                                                                                                                       relating
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       assets
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       designated
                                                                                                                                                                                                                                                       party
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       business
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       designated
                                                                                                                                                                                                                                                       party
                                                                                                                                                                                                                                                       for
                                                                                                                                                                                                                                                       all
                                                                                                                                                                                                                                                       periods
                                                                                                                                                                                                                                                       up
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       including
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Closing
                                                                                                                                                                                                                                                       Date,
                                                                                                                                                                                                                                                       together
                                                                                                                                                                                                                                                       with
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       related
                                                                                                                                                                                                                                                       charge
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       amount,
                                                                                                                                                                                                                                                       including
                                                                                                                                                                                                                                                       interest,
                                                                                                                                                                                                                                                       fines,
                                                                                                                                                                                                                                                       penalties
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       additions
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       tax,
                                                                                                                                                                                                                                                       if
                                                                                                                                                                                                                                                       any,
                                                                                                                                                                                                                                                       arising
                                                                                                                                                                                                                                                       out
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       tax
                                                                                                                                                                                                                                                       assessments;
                                                                                                                                                                                                                                                       and
	 	 	 

	(m)		“Transaction”
                                                                                                                                                                                                                                                       shall
                                                                                                                                                                                                                                                       mean
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       purchase
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Priveco
                                                                                                                                                                                                                                                       Shares
                                                                                                                                                                                                                                                       by
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       from
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Selling
                                                                                                                                                                                                                                                       Shareholders
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       consideration
                                                                                                                                                                                                                                                       for
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       issuance
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares.

 

	1.2		Schedules.
                                                                                                                                                                                                                                                         The
                                                                                                                                                                                                                                                         following
                                                                                                                                                                                                                                                         schedules
                                                                                                                                                                                                                                                         are
                                                                                                                                                                                                                                                         attached
                                                                                                                                                                                                                                                         to
                                                                                                                                                                                                                                                         and
                                                                                                                                                                                                                                                         form
                                                                                                                                                                                                                                                         part
                                                                                                                                                                                                                                                         of
                                                                                                                                                                                                                                                         this
                                                                                                                                                                                                                                                         Agreement:

  

	 	0	–	Selling
    Shareholders
	 	Schedule
    2A	–	Certificate
    of Non-U.S. Shareholder
	 	Schedule
    2B	–	Certificate
    of U.S. Shareholder
	 	Schedule
    2C	–	Certificate
    of Canadian Shareholder
	 	Schedule
    3	–	Directors
    and Officers of Priveco
	 	Schedule
    4	–	Directors
    and Officers of Pubco 
	 	Schedule
    5	–	Priveco
    Intellectual Property
	 	Schedule
    6	–	Priveco
    Material Contracts
	 	Schedule
    7	–	List
    of Priveco Warrantholders Cancelling Warrants
	 	Schedule
    8	–	Form
    of Priveco Warrant Cancellation Agreement
	 	Schedule
    9	–	Warrantholders
    Exchanging Priveco Warrants for Pubco Warrants
	 	Schedule
    10	–	Warrantholders
    Receiving Pubco Warrants
	 	Schedule
    11	–	Lock-Up
    Agreement

  

    	- 2 -

    	 

    

 

1.3                      Currency.
All references to currency referred to in this Agreement are in United States Dollars (US$), unless expressly stated otherwise.

 

2.                        THE
OFFER, PURCHASE AND Sale of Shares

 

2.1                      Offer,
Purchase and Sale of Shares. Subject to the terms and conditions of this Agreement, the Selling Shareholders hereby covenant
and agree to sell, assign and transfer to Pubco, and Pubco hereby covenants and agrees to purchase from the Selling Shareholders
all of the Priveco Shares held by the Selling Shareholders.

 

2.2                      Consideration.
As consideration for the sale of the Priveco Shares by the Selling Shareholders to Pubco, Pubco shall allot and issue the Pubco
Shares to the Selling Shareholders in the amount set out opposite each Selling Shareholder’s name in Schedule 1. The Selling
Shareholders acknowledge and agree that the Pubco Shares are being issued pursuant to transactional exemptions from the prospectus
delivery and registration requirements of the Securities Act; and in the case of Canadian residents, National Instrument 45-106.
As required by applicable securities law, the Selling Shareholders agree to abide by all applicable resale restrictions and hold
periods imposed by all applicable U.S , Canadian and applicable foreign jurisdictions securities legislation. All certificates
representing the Pubco Shares issued on Closing will be endorsed with one of the following legends pursuant to the Securities
Act in order to reflect the fact that the Pubco Shares will be issued to the Selling Shareholders pursuant to exemptions from
the registration requirements of the Securities Act:

 

For
Selling Shareholders not resident in the United States:

 

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED
HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

 

NONE
OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS,
AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO
U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS
INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S.
PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

For
Selling Shareholders resident in the United States:

 

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, OR ANY STATE SECURITIES
LAWS, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, ENCUMBERED, OR OTHERWISE DISPOSED OF EXCEPT UPON SATISFACTION OF CERTAIN CONDITIONS.
INFORMATION CONCERNING THESE RESTRICTIONS MAY BE OBTAINED FROM THE CORPORATION OR ITS LEGAL COUNSEL. ANY OFFER OR DISPOSITION
OF THESE SECURITIES WITHOUT SATISFACTION OF SAID CONDITIONS WILL BE WRONGFUL AND WILL NOT ENTITLE THE TRANSFEREE TO REGISTER OWNERSHIP
OF THE SECURITIES WITH THE CORPORATION”

 

    	- 3 -

    	 

    

 

2.3                     Share
Exchange Procedure. Each Selling Shareholders may exchange his, her or its certificate representing the Priveco Shares by
delivering such certificate to Pubco duly executed and endorsed in blank (or accompanied by duly executed stock powers duly endorsed
in blank), in each case in proper form for transfer, with signatures guaranteed, and, if applicable, with all stock transfer and
any other required documentary stamps affixed thereto and with appropriate instructions to allow the transfer agent to issue certificates
for the Pubco Shares to the holder thereof, together with: 

 

	(a)		If
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  listed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  7
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  9,
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  Warrant
                                                                                                                                                                                                                                  Cancellation
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  8;
	 	 	 

	(b)		If
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  resident
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  US,
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  Certificate
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Non-U.S.
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  (the
                                                                                                                                                                                                                                  “Regulation
                                                                                                                                                                                                                                  S
                                                                                                                                                                                                                                  Certificate”),
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  2A;
                                                                                                                                                                                                                                  or
	 	 	 

	(c)		If
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  resident
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  US,
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  Certificate
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  U.S.
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  (“US
                                                                                                                                                                                                                                  Certificate”),
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  2B;
                                                                                                                                                                                                                                  and
	 	 	 

	(d)		If
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  resident
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Canada,
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  National
                                                                                                                                                                                                                                  Instrument
                                                                                                                                                                                                                                  45-106
                                                                                                                                                                                                                                  Investor
                                                                                                                                                                                                                                  Questionnaire
                                                                                                                                                                                                                                  (the ”Canadian
                                                                                                                                                                                                                                  Questionnaire”),
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  2C.

 

2.4                     Fractional
Shares. Notwithstanding any other provision of this Agreement, no certificate for fractional shares of the Pubco Shares will
be issued in the Transaction. In lieu of any such fractional shares, if any of the Selling Shareholders would otherwise be entitled
to receive a fraction of a share of the Pubco Shares upon surrender of certificates representing the Priveco Shares for exchange
pursuant to this Agreement, the Selling Shareholders will be entitled to have such fraction rounded up to the nearest whole number
of Pubco Shares and will receive from Pubco a stock certificate representing same.

 

2.5                     Closing
Date. The Closing will take place, subject to the terms and conditions of this Agreement, on the Closing Date.

 

2.6                     Restricted
Shares. The Selling Shareholders acknowledge that the Pubco Shares issued pursuant to the terms and conditions set forth in
this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred
or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance
with all applicable securities laws.

 

2.7                     Exemptions.
The Selling Shareholders acknowledge that Pubco has advised such Selling Shareholders that Pubco is relying upon the representations
and warranties of the Selling Shareholders set out in the Questionnaires to issue the Pubco Shares under an exemption from the
prospectus and registration requirements of the Securities Act of 1933, as amended (the “1933 Act”) and, in
the case of Canadian residents, National Instrument 45-106, and as a consequence, certain protections, rights and remedies provided
by the 1933 Act, including statutory rights of rescission or damages, will not be available to the Selling Shareholders.

 

2.8                     Canadian
Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory
of Canada and accordingly, any applicable hold periods under the British Columbia Securities Act or any other Canadian jurisdiction
may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally,
the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is
restricted except pursuant to an exemption from applicable securities legislation.

 

3.                       REPRESENTATIONS
AND WARRANTIES OF PRIVECO

 

As
of the Closing, Priveco represents and warrants to Pubco, and acknowledges that Pubco is relying upon such representations and
warranties, in connection with the execution, delivery and performance of this Agreement, notwithstanding any investigation made
by or on behalf of Pubco, as follows:

 

    	- 4 -

    	 

    

 

3.1                     Organization
and Good Standing. Priveco is a corporation duly organized, validly existing and in good standing under the laws of British
Columbia and has the requisite corporate power and authority to own, lease and to carry on its business as now being conducted.
Complete and correct copies of Priveco’s articles of incorporation, including amendments and bylaws are attached to Schedule
7. Priveco is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions in which
Priveco owns property, leases property, does business, or is otherwise required to do so, where the failure to be so qualified
would have a material adverse effect on the business of Priveco taken as a whole.

 

3.2                     Authority.
Priveco has all requisite corporate power and authority to execute and deliver this Agreement and any other document contemplated
by this Agreement (collectively, the “Priveco Documents”) to be signed by Priveco and to perform its obligations
hereunder and to consummate the transactions contemplated hereby. The execution and delivery of each of the Priveco Documents
by Priveco and the consummation of the transactions contemplated hereby have been duly authorized by Priveco’s board of
directors. No other corporate or shareholder proceedings on the part of Priveco is necessary to authorize such documents or to
consummate the transactions contemplated hereby. This Agreement has been, and the other Priveco Documents when executed and delivered
by Priveco as contemplated by this Agreement will be, duly executed and delivered by Priveco and this Agreement is, and the other
Priveco Documents when executed and delivered by Priveco as contemplated hereby will be, valid and binding obligations of Priveco
enforceable in accordance with their respective terms except:

 

	(a)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  bankruptcy,
                                                                                                                                                                                                                                  insolvency,
                                                                                                                                                                                                                                  reorganization,
                                                                                                                                                                                                                                  moratorium,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  general
                                                                                                                                                                                                                                  application
                                                                                                                                                                                                                                  affecting
                                                                                                                                                                                                                                  enforcement
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  creditors’
                                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                                  generally;
	 	 	 

	(b)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  availability
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  specific
                                                                                                                                                                                                                                  performance,
                                                                                                                                                                                                                                  injunctive
                                                                                                                                                                                                                                  relief,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  equitable
                                                                                                                                                                                                                                  remedies;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  public
                                                                                                                                                                                                                                  policy.

 

3.3                    Capitalization
of Priveco. The entire authorized capital stock and other equity securities of Priveco consists of 20,899,262 common shares,
par value $0.01 per share, (the “Priveco Common Stock”). As of the date of this Agreement, there are 20,899,262
shares of Priveco Common Stock and warrants to acquire another 7,250,000 shares of Priveco Common Stock issued and outstanding.
All of the issued and outstanding shares of Priveco Common Stock have been duly authorized,
are validly issued, were not issued in violation of any pre-emptive rights and are fully paid and non-assessable, are not subject
to pre-emptive rights and were issued in full compliance with the laws of the State of Nevada and its Articles of Incorporation
and Bylaws. There are no outstanding options, warrants, subscriptions, conversion rights,
or other rights, agreements, or commitments obligating Priveco to issue any additional common shares of Priveco Common Stock,
or any other securities convertible into, exchangeable for, or evidencing the right to subscribe for or acquire from Priveco any
common shares of Priveco Common Stock. Except as disclosed in this Agreement, there are no agreements purporting to restrict the
transfer of the Priveco Common Stock, no voting agreements, shareholders’ agreements, voting trusts, or other arrangements
restricting or affecting the voting of the Priveco Common Stock.

 

3.4                     Shareholders
of Priveco Common Stock. As of the Closing Date, Schedule 1 contains a true and complete list of the holders of all issued
and outstanding shares of the Priveco Common Stock including each holder’s name, address and number of Priveco Shares held.

 

3.5                     Directors
and Officers of Priveco. The duly elected or appointed directors and the duly appointed officers of Priveco are as set out
in Schedule 3.

 

3.6                     Corporate
Records of Priveco. The corporate records of Priveco, as required to be maintained by it pursuant to all applicable laws,
are accurate, complete and current in all material respects, and the minute book of Priveco is, in all material respects, correct
and contains all records required by all applicable laws, as applicable, in regards to all proceedings, consents, actions and
meetings of the shareholders and the board of directors of Priveco.

 

    	- 5 -

    	 

    

  

3.7                    Non-Contravention.
Neither the execution, delivery and performance of this Agreement, nor the consummation of the Transaction, will:

 

	(a)		conflict
                                                                                                                                                                                                                                  with,
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  cause
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  default
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  (with
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  without
                                                                                                                                                                                                                                  notice,
                                                                                                                                                                                                                                  lapse
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  time
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  both)
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  give
                                                                                                                                                                                                                                  rise
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  right
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  termination,
                                                                                                                                                                                                                                  amendment,
                                                                                                                                                                                                                                  cancellation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  acceleration
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  loss
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                                  under,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  creation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lien,
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  interest,
                                                                                                                                                                                                                                  charge
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  encumbrance
                                                                                                                                                                                                                                  upon
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  term,
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  loan
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  credit
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  note,
                                                                                                                                                                                                                                  debenture,
                                                                                                                                                                                                                                  bond,
                                                                                                                                                                                                                                  mortgage,
                                                                                                                                                                                                                                  indenture,
                                                                                                                                                                                                                                  lease
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  instrument,
                                                                                                                                                                                                                                  permit,
                                                                                                                                                                                                                                  license,
                                                                                                                                                                                                                                  judgment,
                                                                                                                                                                                                                                  order,
                                                                                                                                                                                                                                  decree,
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  law,
                                                                                                                                                                                                                                  ordinance,
                                                                                                                                                                                                                                  rule
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  their
                                                                                                                                                                                                                                  respective
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets;
	 	 	 

	(b)		violate
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Articles
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Incorporation,
                                                                                                                                                                                                                                  Bylaws
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  organizational
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  laws;
                                                                                                                                                                                                                                  or
	 	 	 

	(c)		violate
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  order,
                                                                                                                                                                                                                                  writ,
                                                                                                                                                                                                                                  injunction,
                                                                                                                                                                                                                                  decree,
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  rule,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  court
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulatory
                                                                                                                                                                                                                                  authority
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  their
                                                                                                                                                                                                                                  respective
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets.

 

3.8                    Actions
and Proceedings. To the best knowledge of Priveco, there is no basis for and there is no action, suit, judgment, claim, demand
or proceeding outstanding or pending, or threatened against or affecting Priveco or which involves any of the business, or the
properties or assets of Priveco that, if adversely resolved or determined, would have a material adverse effect on the business,
operations, assets, properties, prospects, or conditions of Priveco taken as a whole (a “Priveco Material Adverse Effect”).
There is no reasonable basis for any claim or action that, based upon the likelihood of its being asserted and its success if
asserted, would have such a Priveco Material Adverse Effect.

 

3.9                    Compliance.

 

	(a)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  compliance
                                                                                                                                                                                                                                  with,
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  default
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  under,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  charged
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  time
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  law,
                                                                                                                                                                                                                                  ordinance,
                                                                                                                                                                                                                                  regulation,
                                                                                                                                                                                                                                  rule,
                                                                                                                                                                                                                                  decree
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco;
	 	 	 

	(b)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  judgment,
                                                                                                                                                                                                                                  order
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  decree
                                                                                                                                                                                                                                  entered
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lawsuit
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  proceeding
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  would
                                                                                                                                                                                                                                  constitute
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Material
                                                                                                                                                                                                                                  Adverse
                                                                                                                                                                                                                                  Effect;
	 	 	 

	(c)		Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  duly
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  reports
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  returns
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  authorities
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  obtained
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  permits
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  consents,
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  execution
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  permits
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  consents
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  full
                                                                                                                                                                                                                                  force
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  effect,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  proceedings
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  suspension
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  cancellation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them,
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  pending
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  threatened,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  none
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  adversely
                                                                                                                                                                                                                                  affected
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  consummation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
                                                                                                                                                                                                                                  and
	 	 	 

	(d)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  operated
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  compliance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  laws,
                                                                                                                                                                                                                                  rules,
                                                                                                                                                                                                                                  statutes,
                                                                                                                                                                                                                                  ordinances,
                                                                                                                                                                                                                                  orders
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  regulations
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business.
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  thereof,
                                                                                                                                                                                                                                  nor
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  aware
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  valid
                                                                                                                                                                                                                                  basis
                                                                                                                                                                                                                                  therefore.

 

    	- 6 -

    	 

    

  

3.10                   Financial
Representations. Priveco has provided audited financial statements which are true, correct, and complete copies of its audited
balance sheet dated as of December 31, 2012 (the “Priveco Accounting Date”), together with related statements
of operations, balance sheets, cash flows, and changes in shareholder’s equity and footnotes for the fiscal year ended December
31, 2012, (collectively, the “Priveco Financial Statements”). 

 

The
Priveco Financial Statements:

 

	(a)		are
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  books
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  records
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco;
	 	 	 

	(b)		present
                                                                                                                                                                                                                                  fairly
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  financial
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  respective
                                                                                                                                                                                                                                  dates
                                                                                                                                                                                                                                  indicated
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  results
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  periods;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  prepared
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  GAAP.

 

Priveco
has not received any advice or notification from its independent certified public accountants that Priveco has used any improper
accounting practice that would have the effect of not reflecting or incorrectly reflecting in the Priveco Financial Statements
or the books and records of Priveco, any properties, assets, Liabilities, revenues, or expenses. The books, records, and accounts
of Priveco accurately and fairly reflect, in reasonable detail, the assets, and Liabilities of Priveco. Priveco has not engaged
in any transaction, maintained any bank account, or used any funds of Pubco, except for transactions, bank accounts, and funds
which have been and are reflected in the normally maintained books and records of Priveco.

 

3.11                   Absence
of Undisclosed Liabilities. Except as disclosed in the Priveco Financial Statements, Schedules and Documents, Priveco has
no material Liabilities or obligations either direct or indirect, matured or unmatured, absolute, contingent or otherwise, which:

 

	(a)		are
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  heretofore
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  paid
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  discharged;
	 	 	 

	(b)		did
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  arise
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  regular
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  contract,
                                                                                                                                                                                                                                  commitment,
                                                                                                                                                                                                                                  lease
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  plan
                                                                                                                                                                                                                                  specifically
                                                                                                                                                                                                                                  disclosed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco;
                                                                                                                                                                                                                                  or
	 	 	 

	(c)		have
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  incurred
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  amounts
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  practices
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  practice,
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  regular
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  since
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  last
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements.

 

3.12                   Tax
Matters.

 

	(a)		Priveco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  presently
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  audit
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Canada
                                                                                                                                                                                                                                  Revenue
                                                                                                                                                                                                                                  Agency
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Internal
                                                                                                                                                                                                                                  Revenue
                                                                                                                                                                                                                                  Service
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  foreign
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  state
                                                                                                                                                                                                                                  taxing
                                                                                                                                                                                                                                  authority
                                                                                                                                                                                                                                  concerning
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  fiscal
                                                                                                                                                                                                                                  year
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  ended
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof;
	 	 	 

	(b)		All
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  withheld
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  employees
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  income
                                                                                                                                                                                                                                  Taxes,
                                                                                                                                                                                                                                  social
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  Taxes,
                                                                                                                                                                                                                                  unemployment
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  similar
                                                                                                                                                                                                                                  withholding
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  properly
                                                                                                                                                                                                                                  withheld
                                                                                                                                                                                                                                  and,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  deposited
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  appropriate
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  agency;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements
                                                                                                                                                                                                                                  contain
                                                                                                                                                                                                                                  full
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  including
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  deferred
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  assessed
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  accounting
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  ended
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  transaction,
                                                                                                                                                                                                                                  event
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  omission
                                                                                                                                                                                                                                  occurring,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  profit
                                                                                                                                                                                                                                  earned,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  profit
                                                                                                                                                                                                                                  earned
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  accountable
                                                                                                                                                                                                                                  up
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  contingent
                                                                                                                                                                                                                                  Liabilities
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  disclosed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements.

 

    	- 7 -

    	 

    

 

3.13                    Filings,
Consents and Approvals. No filing or registration with, no notice to and no permit, authorization, consent, or approval of
any public or governmental body or authority or other person or entity is necessary for the consummation by Priveco of the Transaction
contemplated by this Agreement or to enable Pubco to continue to conduct Priveco’s business after the Closing Date in a
manner which is consistent with that in which the business is presently conducted.

 

3.14                    Personal
Property. Priveco possesses, and has good and marketable title of all property necessary for the continued operation of the
business of Priveco as presently conducted and as represented to Pubco. All such property is used in the business of Priveco.
All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes
for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and
assets owned or leased by Priveco is owned by Priveco free and clear of all liens, security interests, charges, encumbrances,
and other adverse claims.

 

3.15                   Intellectual
Property

 

	(a)		Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets.
                                                                                                                                                                                                                                  As
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5,
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  owns
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  holds
                                                                                                                                                                                                                                  an
                                                                                                                                                                                                                                  interest
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  intellectual
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  operation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  currently
                                                                                                                                                                                                                                  conducted
                                                                                                                                                                                                                                  (collectively,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  “Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets”),
                                                                                                                                                                                                                                  including:
	 	 	 

	(i)		all
                                                                                                                                                                                                                                  functional
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  names,
                                                                                                                                                                                                                                  trading
                                                                                                                                                                                                                                  names,
                                                                                                                                                                                                                                  registered
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  unregistered
                                                                                                                                                                                                                                  trademarks,
                                                                                                                                                                                                                                  service
                                                                                                                                                                                                                                  marks,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  applications
                                                                                                                                                                                                                                  (collectively,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  “Marks”);
	 	 	 

	(ii)		all
                                                                                                                                                                                                                                   patents,
                                                                                                                                                                                                                                   patent
                                                                                                                                                                                                                                   applications,
                                                                                                                                                                                                                                   and
                                                                                                                                                                                                                                   inventions,
                                                                                                                                                                                                                                   methods,
                                                                                                                                                                                                                                   processes
                                                                                                                                                                                                                                   and
                                                                                                                                                                                                                                   discoveries
                                                                                                                                                                                                                                   that
                                                                                                                                                                                                                                   may
                                                                                                                                                                                                                                   be
                                                                                                                                                                                                                                   patentable
                                                                                                                                                                                                                                   (collectively,
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   “Patents”);
	 	 	 

	(iii)		all
                                                                                                                                                                                                                                    copyrights
                                                                                                                                                                                                                                    in
                                                                                                                                                                                                                                    both
                                                                                                                                                                                                                                    published
                                                                                                                                                                                                                                    works
                                                                                                                                                                                                                                    and
                                                                                                                                                                                                                                    unpublished
                                                                                                                                                                                                                                    works
                                                                                                                                                                                                                                    (collectively,
                                                                                                                                                                                                                                    the
                                                                                                                                                                                                                                    “Copyrights”);
                                                                                                                                                                                                                                    and
	 	 	 

	(iv)		all
                                                                                                                                                                                                                                   know-how,
                                                                                                                                                                                                                                   trade
                                                                                                                                                                                                                                   secrets,
                                                                                                                                                                                                                                   confidential
                                                                                                                                                                                                                                   information,
                                                                                                                                                                                                                                   customer
                                                                                                                                                                                                                                   lists,
                                                                                                                                                                                                                                   software,
                                                                                                                                                                                                                                   technical
                                                                                                                                                                                                                                   information,
                                                                                                                                                                                                                                   data,
                                                                                                                                                                                                                                   process
                                                                                                                                                                                                                                   technology,
                                                                                                                                                                                                                                   plans,
                                                                                                                                                                                                                                   drawings,
                                                                                                                                                                                                                                   and
                                                                                                                                                                                                                                   blue
                                                                                                                                                                                                                                   prints
                                                                                                                                                                                                                                   owned,
                                                                                                                                                                                                                                   used,
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   licensed
                                                                                                                                                                                                                                   by
                                                                                                                                                                                                                                   Priveco
                                                                                                                                                                                                                                   as
                                                                                                                                                                                                                                   licensee
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   licensor
                                                                                                                                                                                                                                   (collectively,
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   “Trade
                                                                                                                                                                                                                                   Secrets”).
	 	 	 

	(b)		Agreements.
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5
                                                                                                                                                                                                                                  contains
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  complete
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  accurate
                                                                                                                                                                                                                                  list
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  summary
                                                                                                                                                                                                                                  description,
                                                                                                                                                                                                                                  including
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  royalties
                                                                                                                                                                                                                                  paid
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries,
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  contracts
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  agreements
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  bound,
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  license
                                                                                                                                                                                                                                  implied
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  sale
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  product
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  perpetual,
                                                                                                                                                                                                                                  paid-up
                                                                                                                                                                                                                                  licenses
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  commonly
                                                                                                                                                                                                                                  available
                                                                                                                                                                                                                                  software
                                                                                                                                                                                                                                  programs
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  value
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  less
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  $500
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  licensee.
                                                                                                                                                                                                                                  To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  there
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  outstanding
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  threatened
                                                                                                                                                                                                                                  disputes
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  disagreements
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  agreement.
	 	 	 

	(c)		Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Know-How
                                                                                                                                                                                                                                  Necessary
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Business.
                                                                                                                                                                                                                                  Except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5,
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  owner
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  right,
                                                                                                                                                                                                                                  title,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  interest
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets,
                                                                                                                                                                                                                                  free
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  clear
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  liens,
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  interests,
                                                                                                                                                                                                                                  charges,
                                                                                                                                                                                                                                  encumbrances,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  claims,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  right
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  use
                                                                                                                                                                                                                                  without
                                                                                                                                                                                                                                  payment
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets.
                                                                                                                                                                                                                                  Except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  3
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  former
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  current
                                                                                                                                                                                                                                  employees
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  contractors
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  written
                                                                                                                                                                                                                                  contracts,
                                                                                                                                                                                                                                  agreements
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  undertakings
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  assign
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  inventions,
                                                                                                                                                                                                                                  improvements,
                                                                                                                                                                                                                                  discoveries,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  information
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries.
                                                                                                                                                                                                                                  No
                                                                                                                                                                                                                                  employee,
                                                                                                                                                                                                                                  director,
                                                                                                                                                                                                                                  officer
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  shareholder
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  owns
                                                                                                                                                                                                                                  directly
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  indirectly
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  whole
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  part,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Asset
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  presently
                                                                                                                                                                                                                                  using
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  conduct
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business.
                                                                                                                                                                                                                                  To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  employee
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  contractor
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  entered
                                                                                                                                                                                                                                  into
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  contract
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  restricts
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  limits
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  way
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  scope
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  type
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  work
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  employee
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  engaged
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  requires
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  employee
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  transfer,
                                                                                                                                                                                                                                  assign,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  disclose
                                                                                                                                                                                                                                  information
                                                                                                                                                                                                                                  concerning
                                                                                                                                                                                                                                  his
                                                                                                                                                                                                                                  work
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  anyone
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries.

 

    	- 8 -

    	 

    

  

	(d)		Patents.
                                                                                                                                                                                                                                  Except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5,
                                                                                                                                                                                                                                  neither
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  nor
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  holds
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  right,
                                                                                                                                                                                                                                  title
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  interest
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Patent
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  patent
                                                                                                                                                                                                                                  application
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party.
                                                                                                                                                                                                                                  To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  none
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  products
                                                                                                                                                                                                                                  manufactured
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  sold,
                                                                                                                                                                                                                                  nor
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  process
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  know-how
                                                                                                                                                                                                                                  used,
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  infringes
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  alleged
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  infringe
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  patent
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  proprietary
                                                                                                                                                                                                                                  night
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  person
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  entity.
	 	 	 

	(e)		Trademarks.
                                                                                                                                                                                                                                  Except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5,
                                                                                                                                                                                                                                  neither
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  nor
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  holds
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  right,
                                                                                                                                                                                                                                  title
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  interest
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Mark
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  registered
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  application
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  register
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Mark
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party.
                                                                                                                                                                                                                                  To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  none
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Marks,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  any,
                                                                                                                                                                                                                                  used
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  infringes
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  alleged
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  infringe
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  trade
                                                                                                                                                                                                                                  name,
                                                                                                                                                                                                                                  trademark,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  service
                                                                                                                                                                                                                                  mark
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party.
	 	 	 

	(f)		Copyrights.
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5
                                                                                                                                                                                                                                  contains
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  complete
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  accurate
                                                                                                                                                                                                                                  list
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  summary
                                                                                                                                                                                                                                  description
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  Copyrights.
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  owner
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  right,
                                                                                                                                                                                                                                  title,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  interest
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Copyrights,
                                                                                                                                                                                                                                  free
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  clear
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  liens,
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  interests,
                                                                                                                                                                                                                                  charges,
                                                                                                                                                                                                                                  encumbrances,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  claims.
                                                                                                                                                                                                                                  If
                                                                                                                                                                                                                                  applicable,
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  registered
                                                                                                                                                                                                                                  Copyrights
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  currently
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  compliance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  formal
                                                                                                                                                                                                                                  legal
                                                                                                                                                                                                                                  requirements,
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  valid
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  enforceable,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  maintenance
                                                                                                                                                                                                                                  fees
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  taxes
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  actions
                                                                                                                                                                                                                                  falling
                                                                                                                                                                                                                                  due
                                                                                                                                                                                                                                  within
                                                                                                                                                                                                                                  ninety
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date.
                                                                                                                                                                                                                                  To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  Copyright
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  infringed
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  challenged
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  threatened
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  way
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  none
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  matter
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Copyrights
                                                                                                                                                                                                                                  infringes
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  alleged
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  infringe
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  copyright
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  derivative
                                                                                                                                                                                                                                  work
                                                                                                                                                                                                                                  based
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  work
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  works
                                                                                                                                                                                                                                  encompassed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Copyrights
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  marked
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  proper
                                                                                                                                                                                                                                  copyright
                                                                                                                                                                                                                                  notice.
	 	 	 

	(g)		Trade
                                                                                                                                                                                                                                  Secrets.
                                                                                                                                                                                                                                  Each
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  taken
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                                  precautions
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  protect
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  secrecy,
                                                                                                                                                                                                                                  confidentiality,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  value
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  Trade
                                                                                                                                                                                                                                  Secrets.
                                                                                                                                                                                                                                  Each
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  good
                                                                                                                                                                                                                                  title
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  an
                                                                                                                                                                                                                                  absolute
                                                                                                                                                                                                                                  right
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  use
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Trade
                                                                                                                                                                                                                                  Secrets.
                                                                                                                                                                                                                                  The
                                                                                                                                                                                                                                  Trade
                                                                                                                                                                                                                                  Secrets
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  part
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  public
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  literature,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  used,
                                                                                                                                                                                                                                  divulged,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  appropriated
                                                                                                                                                                                                                                  either
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  person
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  entity
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  detriment
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  subsidiaries.
                                                                                                                                                                                                                                  No
                                                                                                                                                                                                                                  Trade
                                                                                                                                                                                                                                  Secret
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  claim
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  challenged
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  threatened
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  way.
	 	 	 

	(h)		Licensed
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property.
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  licensee
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  various
                                                                                                                                                                                                                                  patents,
                                                                                                                                                                                                                                  trademarks
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  copyrights,
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  5.

 

3.16                   Employees
and Consultants. All employees and consultants of Priveco have been paid all salaries, wages, income and any other sum due
and owing to them by Priveco, as at the end of the most recent completed pay period. Priveco is not aware of any labour conflict
with any employees that might reasonably be expected to have a Priveco Material Adverse Effect. To the best knowledge of Priveco,
no employee of Priveco is in violation of any term of any employment contract, non-disclosure agreement, non-competition agreement
or any other contract or agreement relating to the relationship of such employee with Priveco or any other nature of the business
conducted or to be conducted by Priveco.

 

    	- 9 -

    	 

    

 

3.17                    Real
Property. Priveco does not own any real property. Each of the leases, subleases, claims or other real property interests (collectively,
the “Leases”) to which Priveco is a party or is bound is legal, valid, binding, enforceable and in full force
and effect in all material respects. All rental and other payments required to be paid by Priveco pursuant to any such Leases
have been duly paid and no event has occurred which, upon the passing of time, the giving of notice, or both, would constitute
a breach or default by any party under any of the Leases. The Leases will continue to be legal, valid, binding, enforceable and
in full force and effect on identical terms following the Closing Date. Priveco has not assigned, transferred, conveyed, mortgaged,
deeded in trust, or encumbered any interest in the Leases or the leasehold property pursuant thereto.

 

3.18                    Material
Contracts and Transactions. Schedule 6 attached hereto lists each material contract, agreement, license, permit, arrangement,
commitment, instrument or contract to which Priveco or any of its subsidiaries is a party (each, a “Contract”).
Each Contract is in full force and effect, and there exists no material breach or violation of or default by Priveco or any of
its subsidiaries under any Contract, or any event that with notice or the lapse of time, or both, will create a material breach
or violation thereof or default under any Contract by Priveco or any of its subsidiaries. The continuation, validity, and effectiveness
of each Contract will in no way be affected by the consummation of the Transaction contemplated by this Agreement. There exists
no actual or threatened termination, cancellation, or limitation of, or any amendment, modification, or change to any Contract.

 

3.19                    Certain
Transactions. Priveco is not a guarantor or indemnitor of any indebtedness of any third party, including any person, firm
or corporation.

 

3.20                    No
Brokers. Priveco has not incurred any independent obligation or liability to any party for any brokerage fees, agent’s
commissions, or finder’s fees in connection with the Transaction contemplated by this Agreement.

 

3.21                    Completeness
of Disclosure. No representation or warranty by Priveco in this Agreement nor any certificate, schedule, statement, document
or instrument furnished or to be furnished to Pubco pursuant hereto contains or will contain any untrue statement of a material
fact or omits or will omit to state a material fact required to be stated herein or therein or necessary to make any statement
herein or therein not materially misleading.

 

3.22                    Absence
of Certain Changes or Events. Except as set forth in this Agreement or the Schedules, since June 30, 2012 there has been no
material change in the business and assets of PRIVECO and to the best knowledge of PRIVECO’S management, PRIVECO has not
become subject to any law or regulation which materially and adversely affects, or in the future may adversely affect the business,
operations, properties, assets, or condition of PRIVECO.

 

    	- 10 -

    	 

    

 

4.                       REPRESENTATIONS
AND WARRANTIES OF PUBCO

 

As
of the Closing, Pubco represents and warrants to Priveco and the Selling Shareholders and acknowledges that Priveco and the Selling
Shareholders are relying upon such representations and warranties in connection with the execution, delivery and performance of
this Agreement, notwithstanding any investigation made by or on behalf of Priveco or the Selling Shareholders, as follows:

 

4.1                     Organization
and Good Standing. Pubco is duly incorporated, organized, validly existing and in good standing under the laws of the State
of Nevada and has all requisite corporate power and authority to own, lease and to carry on its business as now being conducted.
Pubco is qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions in which it owns
property, leases property, does business, or is otherwise required to do so, where the failure to be so qualified would have a
material adverse effect on the businesses, operations, or financial condition of Pubco.

 

4.2                     Authority.
Pubco has all requisite corporate power and authority to execute and deliver this Agreement and any other document contemplated
by this Agreement (collectively, the “Pubco Documents”) to be signed by Pubco and to perform its obligations
hereunder and to consummate the transactions contemplated hereby. The execution and delivery of each of the Pubco Documents by
Pubco and the consummation by Pubco of the transactions contemplated hereby have been duly authorized by its board of directors
and no other corporate or shareholder proceedings on the part of Pubco is necessary to authorize such documents or to consummate
the transactions contemplated hereby. This Agreement has been, and the other Pubco Documents when executed and delivered by Pubco
as contemplated by this Agreement will be, duly executed and delivered by Pubco and this Agreement is, and the other Pubco Documents
when executed and delivered by Pubco, as contemplated hereby will be, valid and binding obligations of Pubco enforceable in accordance
with their respective terms, except:

 

	(a)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  bankruptcy,
                                                                                                                                                                                                                                  insolvency,
                                                                                                                                                                                                                                  reorganization,
                                                                                                                                                                                                                                  moratorium,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  general
                                                                                                                                                                                                                                  application
                                                                                                                                                                                                                                  affecting
                                                                                                                                                                                                                                  enforcement
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  creditors’
                                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                                  generally;
	 	 	 

	(b)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  availability
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  specific
                                                                                                                                                                                                                                  performance,
                                                                                                                                                                                                                                  injunctive
                                                                                                                                                                                                                                  relief,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  equitable
                                                                                                                                                                                                                                  remedies;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		as
                                                                                                                                                                                                                                  limited
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  public
                                                                                                                                                                                                                                  policy.

 

Capitalization
of Pubco. The authorized capital stock and other equity securities of Pubco consists of 225,000,000 shares of capital stock
comprised of common shares with a par value of $0.001, (the “Pubco Common Stock”) and no preferred shares.
As of the date of this Agreement, there were 194,429 common shares issued and outstanding.

 

4.3                      All
of the issued and outstanding shares of Pubco Common Stock have been duly authorized, are validly issued, were not issued in violation
of any pre-emptive rights and are fully paid and non-assessable, are not subject to pre-emptive rights and were issued in full
compliance with all federal, state, and local laws, rules and regulations. Except as stated herein, there are no other outstanding
options, warrants, subscriptions, phantom shares, conversion rights, or other rights, agreements, or commitments obligating Pubco
to issue any additional shares of Pubco Common Stock, or any other securities convertible into, exchangeable for, or evidencing
the right to subscribe for or acquire from Pubco any shares of Pubco Common Stock as of the date of this Agreement. There are
no agreements purporting to restrict the transfer of the Pubco Common Stock, no voting agreements, voting trusts, or other arrangements
restricting or affecting the voting of the Pubco Common Stock. 

 

4.4                      Directors
and Officers of Pubco. The duly elected or appointed directors and the duly appointed officers of Pubco are as listed on Schedule
4.

 

4.5                      Corporate
Records of Pubco. The corporate records of Pubco, as required to be maintained by it pursuant to the laws of the State of
Nevada, are accurate, complete and current in all material respects, and the minute book of Pubco is, in all material respects,
correct and contains all material records required by the law of the State of Nevada in regards to all proceedings, consents,
actions and meetings of the shareholders and the board of directors of Pubco.

 

    	- 11 -

    	 

    

  

4.6                      Non-Contravention.
Neither the execution, delivery and performance of this Agreement, nor the consummation of the Transaction, will:

 

	(a)		conflict
                                                                                                                                                                                                                                  with,
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  cause
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  default
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  (with
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  without
                                                                                                                                                                                                                                  notice,
                                                                                                                                                                                                                                  lapse
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  time
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  both)
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  give
                                                                                                                                                                                                                                  rise
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  right
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  termination,
                                                                                                                                                                                                                                  amendment,
                                                                                                                                                                                                                                  cancellation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  acceleration
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  loss
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                                  under,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  creation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lien,
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  interest,
                                                                                                                                                                                                                                  charge
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  encumbrance
                                                                                                                                                                                                                                  upon
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  term,
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  loan
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  credit
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  note,
                                                                                                                                                                                                                                  debenture,
                                                                                                                                                                                                                                  bond,
                                                                                                                                                                                                                                  mortgage,
                                                                                                                                                                                                                                  indenture,
                                                                                                                                                                                                                                  lease
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  instrument,
                                                                                                                                                                                                                                  permit,
                                                                                                                                                                                                                                  license,
                                                                                                                                                                                                                                  judgment,
                                                                                                                                                                                                                                  order,
                                                                                                                                                                                                                                  decree,
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  law,
                                                                                                                                                                                                                                  ordinance,
                                                                                                                                                                                                                                  rule
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets;
	 	 	 

	(b)		violate
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  incorporation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  charter
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco;
                                                                                                                                                                                                                                  or
	 	 	 

	(c)		violate
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  order,
                                                                                                                                                                                                                                  writ,
                                                                                                                                                                                                                                  injunction,
                                                                                                                                                                                                                                  decree,
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  rule,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  court
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  regulatory
                                                                                                                                                                                                                                  authority
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets.

 

4.7                    Validity
of Pubco Common Stock Issuable upon the Transaction. The Pubco Shares to be issued to the Selling Shareholders upon consummation
of the Transaction in accordance with this Agreement will, upon issuance, have been duly and validly authorized and, when so issued
in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable.

 

4.8                      Actions
and Proceedings. To the best knowledge of Pubco, there is no claim, charge, arbitration, grievance, action, suit, investigation
or proceeding by or before any court, arbiter, administrative agency or other governmental authority now pending or, to the best
knowledge of Pubco, threatened against Pubco which involves any of the business, or the properties or assets of Pubco that, if
adversely resolved or determined, would have a material adverse effect on the business, operations, assets, properties, prospects
or conditions of Pubco taken as a whole (a “Pubco Material Adverse Effect”). There is no reasonable basis for
any claim or action that, based upon the likelihood of its being asserted and its success if asserted, would have such a Pubco
Material Adverse Effect.

 

4.9                    Compliance.

 

	(a)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  compliance
                                                                                                                                                                                                                                  with,
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  default
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  under,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  charged
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  time
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  statute,
                                                                                                                                                                                                                                  law,
                                                                                                                                                                                                                                  ordinance,
                                                                                                                                                                                                                                  regulation,
                                                                                                                                                                                                                                  rule,
                                                                                                                                                                                                                                  decree
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  regulation
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco;
	 	 	 

	(b)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  judgment,
                                                                                                                                                                                                                                  order
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  decree
                                                                                                                                                                                                                                  entered
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lawsuit
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  proceeding
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  would
                                                                                                                                                                                                                                  constitute
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Material
                                                                                                                                                                                                                                  Adverse
                                                                                                                                                                                                                                  Effect;
	 	 	 

	(c)		Pubco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  duly
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  reports
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  returns
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  filed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  authorities
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  obtained
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  permits
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  consents,
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  execution
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  permits
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  consents
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  full
                                                                                                                                                                                                                                  force
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  effect,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  proceedings
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  suspension
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  cancellation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  relating
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them,
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  pending
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  threatened,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  none
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  them
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  affected
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  manner
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  consummation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
                                                                                                                                                                                                                                  and
	 	 	 

	(d)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  operated
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  compliance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  laws,
                                                                                                                                                                                                                                  rules,
                                                                                                                                                                                                                                  statutes,
                                                                                                                                                                                                                                  ordinances,
                                                                                                                                                                                                                                  orders
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  regulations
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business.
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  violation
                                                                                                                                                                                                                                  thereof,
                                                                                                                                                                                                                                  nor
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  aware
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  valid
                                                                                                                                                                                                                                  basis
                                                                                                                                                                                                                                  therefore.

 

4.10                   Filings,
Consents and Approvals. No filing or registration with, no notice to and no permit, authorization, consent, or approval of
any public or governmental body or authority or other person or entity is necessary for the consummation by Pubco of the Transaction
contemplated by this Agreement to continue to conduct its business after the Closing Date in a manner which is consistent with
that in which it is presently conducted.

 

    	- 12 -

    	 

    

  

4.11                    SEC
Filings. Pubco has furnished or made available to Priveco and the Selling Shareholders a true and complete copy its Annual
Report filed on Form 10-K for the year ending September 30, 2012 and its Quarterly Report filed on Form 10-Q for the period ending
March 31, 2013, and Current Reports subsequently filed with the SEC (collectively, the “Pubco SEC Documents”).
As of their respective dates, to the best knowledge of Pubco, the Pubco SEC Documents complied in all material respects with the
requirements of the Securities Act, or the Exchange Act, as the case may be, and the rules and regulations of the SEC thereunder
applicable to such Pubco SEC Documents. The Pubco SEC Documents constitute all of the documents and reports that Pubco was required
to file with the SEC pursuant to the Exchange Act and the rules and regulations promulgated thereunder by the SEC.

 

 4.12                    Financial
Representations. Included with the Pubco SEC Documents are true, correct, and complete copies of audited balance sheets for
Pubco dated as of September 30, 2012 (the “Pubco Accounting Date”), together with related statements of operations,
balance sheet, cash flows, and changes in shareholder’s equity and footnotes for the fiscal year ended September, 2012,
and unaudited balance sheet, statement of operations, cash flows and footnotes for the quarter ended March 31, 2013, (collectively,
the “Pubco Financial Statements”). The Pubco Financial Statements:

 

	(a)		are
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  ac3cordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  books
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  records
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco;
	 	 	 

	(b)		present
                                                                                                                                                                                                                                  fairly
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  financial
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  respective
                                                                                                                                                                                                                                  dates
                                                                                                                                                                                                                                  indicated
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  results
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  operations
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  periods;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  prepared
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  GAAP.

 

Pubco
has not received any advice or notification from its independent certified public accountants that Pubco has used any improper
accounting practice that would have the effect of not reflecting or incorrectly reflecting in the Pubco Financial Statements or
the books and records of Pubco, any properties, assets, Liabilities, revenues, or expenses. The books, records, and accounts of
Pubco accurately and fairly reflect, in reasonable detail, the assets, and Liabilities of Pubco. Pubco has not engaged in any
transaction, maintained any bank account, or used any funds of Pubco, except for transactions, bank accounts, and funds which
have been and are reflected in the normally maintained books and records of Pubco.

 

4.13                    Absence
of Undisclosed Liabilities. Except as disclosed in this Agreement and the Pubco SEC Documents, Pubco has no material Liabilities
or obligations either direct or indirect, matured or unmatured, absolute, contingent or otherwise, which:

 

	(a)		are
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  heretofore
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  paid
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  discharged;
	 	 	 

	(b)		did
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  arise
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  regular
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  contract,
                                                                                                                                                                                                                                  commitment,
                                                                                                                                                                                                                                  lease
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  plan
                                                                                                                                                                                                                                  specifically
                                                                                                                                                                                                                                  disclosed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco;
                                                                                                                                                                                                                                  or
	 	 	 

	(c)		have
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  incurred
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  amounts
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  practices
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  practice,
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  result
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  regular
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  since
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  last
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements.

 

4.14                  Tax
Matters.

 

	(a)		Pubco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  presently
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  audit
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Internal
                                                                                                                                                                                                                                  Revenue
                                                                                                                                                                                                                                  Service
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  foreign
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  state
                                                                                                                                                                                                                                  taxing
                                                                                                                                                                                                                                  authority
                                                                                                                                                                                                                                  concerning
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  fiscal
                                                                                                                                                                                                                                  year
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  ended
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof;
	 	 	 

	(b)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  withheld
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  employees
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  income
                                                                                                                                                                                                                                  Taxes,
                                                                                                                                                                                                                                  social
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  Taxes,
                                                                                                                                                                                                                                  unemployment
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  similar
                                                                                                                                                                                                                                  withholding
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  properly
                                                                                                                                                                                                                                  withheld
                                                                                                                                                                                                                                  and,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  hereof,
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  deposited
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  appropriate
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  agency;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		To
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  best
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements
                                                                                                                                                                                                                                  contain
                                                                                                                                                                                                                                  full
                                                                                                                                                                                                                                  provision
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  including
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  deferred
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  assessed
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  accounting
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  ended
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  transaction,
                                                                                                                                                                                                                                  event
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  omission
                                                                                                                                                                                                                                  occurring,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  profit
                                                                                                                                                                                                                                  earned,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  profit
                                                                                                                                                                                                                                  earned
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Accounting
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  accountable
                                                                                                                                                                                                                                  up
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  contingent
                                                                                                                                                                                                                                  Liabilities
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  Taxes
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  disclosed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements.

 

    	- 13 -

    	 

    

 

4.15                   Absence
of Changes. Since the Pubco Accounting Date, except as disclosed in the Public SEC Documents and except as contemplated in
this Agreement, Pubco has not:

 

	(a)		incurred
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Liabilities,
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  Liabilities
                                                                                                                                                                                                                                  incurred
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  discharged
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  satisfied
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lien
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  encumbrance,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  paid
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Liabilities,
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  failed
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  discharge
                                                                                                                                                                                                                                  when
                                                                                                                                                                                                                                  due
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Liabilities
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  failure
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  discharge
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  caused
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  cause
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  damage
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  risk
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  loss
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  properties;
	 	 	 

	(b)		sold,
                                                                                                                                                                                                                                  encumbered,
                                                                                                                                                                                                                                  assigned
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  transferred
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  fixed
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  properties;
	 	 	 

	(c)		created,
                                                                                                                                                                                                                                  incurred,
                                                                                                                                                                                                                                  assumed
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  guaranteed
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  indebtedness
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  money
                                                                                                                                                                                                                                  borrowed,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  mortgaged,
                                                                                                                                                                                                                                  pledged
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  subjected
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  mortgage,
                                                                                                                                                                                                                                  lien,
                                                                                                                                                                                                                                  pledge,
                                                                                                                                                                                                                                  security
                                                                                                                                                                                                                                  interest,
                                                                                                                                                                                                                                  conditional
                                                                                                                                                                                                                                  sales
                                                                                                                                                                                                                                  contract
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  encumbrance
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  nature
                                                                                                                                                                                                                                  whatsoever;
	 	 	 

	(d)		made
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  suffered
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  amendment
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  termination
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  agreement,
                                                                                                                                                                                                                                  contract,
                                                                                                                                                                                                                                  commitment,
                                                                                                                                                                                                                                  lease
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  plan
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  bound,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  cancelled,
                                                                                                                                                                                                                                  modified
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  waived
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  substantial
                                                                                                                                                                                                                                  debts
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  claims
                                                                                                                                                                                                                                  held
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  waived
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  rights
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  substantial
                                                                                                                                                                                                                                  value,
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business;
	 	 	 

	(e)		declared,
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  aside
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  paid
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  dividend
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreed
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  make
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  distribution
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  payment
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  capital
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  redeemed,
                                                                                                                                                                                                                                  purchased
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  otherwise
                                                                                                                                                                                                                                  acquired
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreed
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  redeem,
                                                                                                                                                                                                                                  purchase
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  acquire
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  capital
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  equity
                                                                                                                                                                                                                                  securities;
	 	 	 

	(f)		suffered
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  damage,
                                                                                                                                                                                                                                  destruction
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  loss,
                                                                                                                                                                                                                                  whether
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  covered
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  insurance,
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  materially
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  adversely
                                                                                                                                                                                                                                  effects
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business,
                                                                                                                                                                                                                                  operations,
                                                                                                                                                                                                                                  assets,
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prospects;
	 	 	 

	(g)		suffered
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  change
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business,
                                                                                                                                                                                                                                  operations,
                                                                                                                                                                                                                                  assets,
                                                                                                                                                                                                                                  properties,
                                                                                                                                                                                                                                  prospects
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  (financial
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  otherwise);
	 	 	 

	(h)		received
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  had
                                                                                                                                                                                                                                  knowledge
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  actual
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  threatened
                                                                                                                                                                                                                                  labor
                                                                                                                                                                                                                                  trouble,
                                                                                                                                                                                                                                  termination,
                                                                                                                                                                                                                                  resignation,
                                                                                                                                                                                                                                  strike
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  occurrence,
                                                                                                                                                                                                                                  event
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  condition
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  similar
                                                                                                                                                                                                                                  character
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  had
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  might
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  an
                                                                                                                                                                                                                                  adverse
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  business,
                                                                                                                                                                                                                                  operations,
                                                                                                                                                                                                                                  assets,
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prospects;
	 	 	 

	(i)		made
                                                                                                                                                                                                                                  commitments
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreements
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  capital
                                                                                                                                                                                                                                  expenditures
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  capital
                                                                                                                                                                                                                                  additions
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  betterments
                                                                                                                                                                                                                                  exceeding
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  aggregate
                                                                                                                                                                                                                                  $1,000;
	 	 	 

	(j)		other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business,
                                                                                                                                                                                                                                  increased
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  salaries
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  compensation
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  advance
                                                                                                                                                                                                                                  (excluding
                                                                                                                                                                                                                                  advances
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  expenses)
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  loan
                                                                                                                                                                                                                                  to,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  employees
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  directors
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  increase
                                                                                                                                                                                                                                  in,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  addition
                                                                                                                                                                                                                                  to,
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  benefits
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  employees
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  directors
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  entitled;
	 	 	 

	(k)		entered
                                                                                                                                                                                                                                  into
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  transaction
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice;
                                                                                                                                                                                                                                  or
	 	 	 

	(l)		agreed,
                                                                                                                                                                                                                                  whether
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  writing
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  orally,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  do
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  foregoing.

 

    	- 14 -

    	 

    

  

4.16                    Absence
of Certain Changes or Events. Since the Pubco Accounting Date, except as and to the extent disclosed in the Pubco SEC Documents,
there has not been:

 

	(a)		a
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Material
                                                                                                                                                                                                                                  Adverse
                                                                                                                                                                                                                                  Effect;
                                                                                                                                                                                                                                  or
	 	 	 

	(b)		any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  change
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  accounting
                                                                                                                                                                                                                                  methods,
                                                                                                                                                                                                                                  principles
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  practices.

 

4.17                    Subsidiaries.
Other than Silverstar Mining Canada, Inc., Pubco does not have any subsidiaries or agreements of any nature to acquire any subsidiary
or to acquire or lease any other business operations, except as disclosed in the Pubco SEC Documents.

 

4.18                    Personal
Property. There are no material equipment, furniture, fixtures and other tangible personal property and assets owned or leased
by Pubco, except as disclosed in the Pubco SEC Documents.

 

4.19                    Employees
and Consultants. Pubco does not have any employees or consultants, except as disclosed in the Pubco SEC Documents.

 

4.20                    Material
Contracts and Transactions. Other than as expressly contemplated by this Agreement, there are no material contracts, agreements,
licenses, permits, arrangements, commitments, instruments, understandings or contracts, whether written or oral, express or implied,
contingent, fixed or otherwise, to which Pubco is a party except as disclosed in writing to Priveco or as disclosed in the Pubco
SEC Documents.

 

4.21                    No
Brokers. Pubco has not incurred any obligation or liability to any party for any brokerage fees, agent’s commissions,
or finder’s fees in connection with the Transaction contemplated by this Agreement.

 

4.22                    Internal
Accounting Controls. Pubco maintains a system of internal accounting controls sufficient to provide reasonable assurance that
(i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are
recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability,
(iii) access to assets is permitted only in accordance with management’s general or specific authorization, and (iv) the
recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken
with respect to any differences. Pubco’s certifying officers have evaluated the effectiveness of Pubco’s controls
and procedures as of end of the filing period prior to the filing date of the Form 10-K for the year ended September 30, 2011
(such date, the “Evaluation Date”). Pubco presented in its most recently filed Form 10-K the conclusions of
the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the
Evaluation Date. Since the Evaluation Date, there have been no significant changes in Pubco’s internal controls or, to Pubco’s
knowledge, in other factors that could significantly affect Pubco’s internal controls. 

 

4.23                    Listing
and Maintenance Requirements. Pubco is currently quoted on the OTC Bulletin Board. 

 

4.24                    Application
of Takeover Protections. Pubco and its board of directors have taken all necessary action, if any, in order to render inapplicable
any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or other
similar anti-takeover provision under Pubco’s certificate or articles of incorporation (or similar charter documents) or
the laws of its state of incorporation that is or could become applicable to Pubco as a result of the transactions under this
Agreement or the exercise of any rights pursuant to this Agreement. 

 

4.25                    No
SEC or FINRA Inquiries. Neither the Pubco nor any of its past or present officers or directors is the subject of any formal
or informal inquiry or investigation by the SEC or FINRA. Pubco currently do not have any outstanding comment letters or other
correspondences from the SEC or the FINRA. 

 

4.26                    Completeness
of Disclosure. No representation or warranty by Pubco in this Agreement nor any certificate, schedule, statement, document
or instrument furnished or to be furnished to Priveco pursuant hereto contains or will, to the best knowledge of Pubco, contain
any untrue statement of a material fact or omits or will omit to state a material fact required to be stated herein or therein
or necessary to make any statement herein or therein not materially misleading.

  

    	- 15 -

    	 

    

 

5.                       CLOSING
CONDITIONS

 

5.1                      Conditions
Precedent to Closing by Pubco. The obligation of Pubco to consummate the Transaction is subject to the satisfaction or written
waiver of the conditions set forth below by a date mutually agreed upon by the parties hereto in writing and in accordance with
Section 10.6. The Closing of the Transaction contemplated by this Agreement will be deemed to mean a waiver of all conditions
to Closing. These conditions precedent are for the benefit of Pubco and may be waived by Pubco in its sole discretion.

 

	(a)		Representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Warranties.
                                                                                                                                                                                                                                  The
                                                                                                                                                                                                                                  representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  warranties
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  true,
                                                                                                                                                                                                                                  correct
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  complete
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  respects
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  though
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  dated
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  warranties
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  true
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  correct.
	 	 	 

	(b)		Performance.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  covenants
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  obligations
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  perform
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  comply
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  must
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  performed
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  complied
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  respects.
	 	 	 

	(c)		Transaction
                                                                                                                                                                                                                                  Documents.
                                                                                                                                                                                                                                  This
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  Schedules
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Exhibits,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Documents,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  consummate
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction,
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  form
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  substance
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  satisfactory
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco.
	 	 	 

	(d)		Third
                                                                                                                                                                                                                                  Party
                                                                                                                                                                                                                                  Consents.
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  duly
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  copies
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  third
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  consents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  approvals
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  form
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  substance
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  satisfactory
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco.
	 	 	 

	(e)		No
                                                                                                                                                                                                                                  Material
                                                                                                                                                                                                                                  Adverse
                                                                                                                                                                                                                                  Change.
                                                                                                                                                                                                                                  No
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Material
                                                                                                                                                                                                                                  Adverse
                                                                                                                                                                                                                                  Effect
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  occurred
                                                                                                                                                                                                                                  since
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.
	 	 	 

	(f)		No
                                                                                                                                                                                                                                  Action.
                                                                                                                                                                                                                                  No
                                                                                                                                                                                                                                  suit,
                                                                                                                                                                                                                                  action,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  proceeding
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  pending
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  threatened
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  would:
	 	 	 

	(i)		prevent
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  consummation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  transactions
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  or
	 	 	 

	(ii)		cause
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   Transaction
                                                                                                                                                                                                                                   to
                                                                                                                                                                                                                                   be
                                                                                                                                                                                                                                   rescinded
                                                                                                                                                                                                                                   following
                                                                                                                                                                                                                                   consummation.
	 	 	 

	(g)		Outstanding
                                                                                                                                                                                                                                  Shares.
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  more
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  20,899,262
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock
                                                                                                                                                                                                                                  issued
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  outstanding
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date.
	 	 	 

	(h)		Due
                                                                                                                                                                                                                                  Diligence
                                                                                                                                                                                                                                  Generally.
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  legal
                                                                                                                                                                                                                                  counsel
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  satisfied
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  their
                                                                                                                                                                                                                                  due
                                                                                                                                                                                                                                  diligence
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  customary
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  transaction
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  similar
                                                                                                                                                                                                                                  nature
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction,
                                                                                                                                                                                                                                  including:
	 	 	 

	(i)		materials,
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  information
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  possession
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  control
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  germane
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
	 	 	 

	(ii)		a
                                                                                                                                                                                                                                   physical
                                                                                                                                                                                                                                   inspection
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   assets
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   Priveco
                                                                                                                                                                                                                                   by
                                                                                                                                                                                                                                   Pubco
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   its
                                                                                                                                                                                                                                   representatives;
                                                                                                                                                                                                                                   and
	 	 	 

	(iii)		title
                                                                                                                                                                                                                                    to
                                                                                                                                                                                                                                    the
                                                                                                                                                                                                                                    material
                                                                                                                                                                                                                                    assets
                                                                                                                                                                                                                                    of
                                                                                                                                                                                                                                    Priveco.
	 	 	 

	(i)		Compliance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                                  Laws.
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  evidence
                                                                                                                                                                                                                                  satisfactory
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares
                                                                                                                                                                                                                                  issuable
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  issuable:
	 	 	 

	(i)		without
                                                                                                                                                                                                                                  registration
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                                  Act
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  reliance
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  safe
                                                                                                                                                                                                                                  harbour
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  registration
                                                                                                                                                                                                                                  requirements
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Securities
                                                                                                                                                                                                                                  Act
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Regulation
                                                                                                                                                                                                                                  S
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  Regulation
                                                                                                                                                                                                                                  D;
                                                                                                                                                                                                                                  and
	 	 	 

	(ii)		in
                                                                                                                                                                                                                                   reliance
                                                                                                                                                                                                                                   upon
                                                                                                                                                                                                                                   a
                                                                                                                                                                                                                                   Canadian
                                                                                                                                                                                                                                   National
                                                                                                                                                                                                                                   exemption
                                                                                                                                                                                                                                   from
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   prospectus
                                                                                                                                                                                                                                   and
                                                                                                                                                                                                                                   registration
                                                                                                                                                                                                                                   requirements
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   National
                                                                                                                                                                                                                                   Instrument
                                                                                                                                                                                                                                   45-106.
	 	 	 

			In
                                                                                                                                                                 order
                                                                                                                                                                 to
                                                                                                                                                                 establish
                                                                                                                                                                 the
                                                                                                                                                                 availability
                                                                                                                                                                 of
                                                                                                                                                                 the
                                                                                                                                                                 safe
                                                                                                                                                                 harbor
                                                                                                                                                                 from
                                                                                                                                                                 the
                                                                                                                                                                 registration
                                                                                                                                                                 requirements
                                                                                                                                                                 of
                                                                                                                                                                 the
                                                                                                                                                                 1933
                                                                                                                                                                 Act
                                                                                                                                                                 and
                                                                                                                                                                 the
                                                                                                                                                                 prospectus
                                                                                                                                                                 and
                                                                                                                                                                 registration
                                                                                                                                                                 requirements
                                                                                                                                                                 of
                                                                                                                                                                 the
                                                                                                                                                                 1933
                                                                                                                                                                 Act
                                                                                                                                                                 for
                                                                                                                                                                 the
                                                                                                                                                                 issuance
                                                                                                                                                                 of
                                                                                                                                                                 Pubco
                                                                                                                                                                 Shares
                                                                                                                                                                 to
                                                                                                                                                                 each
                                                                                                                                                                 Selling
                                                                                                                                                                 Shareholders,
                                                                                                                                                                 Priveco
                                                                                                                                                                 will
                                                                                                                                                                 deliver
                                                                                                                                                                 to
                                                                                                                                                                 Pubco
                                                                                                                                                                 on
                                                                                                                                                                 Closing,
                                                                                                                                                                 a
                                                                                                                                                                 Regulation
                                                                                                                                                                 S
                                                                                                                                                                 Certificate,
                                                                                                                                                                 a
                                                                                                                                                                 US
                                                                                                                                                                 Certificate
                                                                                                                                                                 or
                                                                                                                                                                 a
                                                                                                                                                                 Canadian
                                                                                                                                                                 Questionnaire,
                                                                                                                                                                 as
                                                                                                                                                                 applicable,
                                                                                                                                                                 duly
                                                                                                                                                                 executed
                                                                                                                                                                 by
                                                                                                                                                                 each
                                                                                                                                                                 Selling
                                                                                                                                                                 Shareholders.
	 	 	 

	(j)		Lock-up
                                                                                                                                                                                                                                  Agreement.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  registered
                                                                                                                                                                                                                                  shareholders
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  identified
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  1,
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  execute
                                                                                                                                                                                                                                  Lock-up
                                                                                                                                                                                                                                  Agreements,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  form
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  presented
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  11,
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  restrict
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  trading
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock
                                                                                                                                                                                                                                  they
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  receive
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  12
                                                                                                                                                                                                                                  months
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date.

 

    	- 16 -

    	 

    

 

5.2                    Conditions
Precedent to Closing by Priveco. The obligation of Priveco and the Selling Shareholders to consummate the Transaction is subject
to the satisfaction or written waiver of the conditions set forth below by a date mutually agreed upon by the parties hereto in
writing and in accordance with Section 10.6. The Closing of the Transaction will be deemed to mean a waiver of all conditions
to Closing. These conditions precedent are for the benefit of Priveco and the Selling Shareholders and may be waived by Priveco
and the Selling Shareholders in their discretion.

 

	(a)		Outstanding
                                                                                                                                                                                                                                  Shares.
                                                                                                                                                                                                                                  No
                                                                                                                                                                                                                                  restrictions
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  number
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock
                                                                                                                                                                                                                                  issued
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  outstanding
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date.
	 	 	 

	(b)		Representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Warranties.
                                                                                                                                                                                                                                  The
                                                                                                                                                                                                                                  representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  warranties
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  true,
                                                                                                                                                                                                                                  correct
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  complete
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  respects
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  though
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  dated
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  Date,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  warranties
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  true
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  correct.
	 	 	 

	(c)		Performance.
                                                                                                                                                                                                                                  All
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  covenants
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  obligations
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  perform
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  comply
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  prior
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  must
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  performed
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  complied
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  respects.
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  must
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  it
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.
	 	 	 

	(d)		Transaction
                                                                                                                                                                                                                                  Documents.
                                                                                                                                                                                                                                  This
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  including
                                                                                                                                                                                                                                  Schedules
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Exhibits,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  consummate
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction,
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  form
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  substance
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  satisfactory
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  have
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco.
	 	 	 

	(e)		No
                                                                                                                                                                                                                                                           Material
                                                                                                                                                                                                                                                           Adverse
                                                                                                                                                                                                                                                           Change.
                                                                                                                                                                                                                                                           No
                                                                                                                                                                                                                                                           Pubco
                                                                                                                                                                                                                                                           Material
                                                                                                                                                                                                                                                           Adverse
                                                                                                                                                                                                                                                           Effect
                                                                                                                                                                                                                                                           will
                                                                                                                                                                                                                                                           have
                                                                                                                                                                                                                                                           occurred
                                                                                                                                                                                                                                                           since
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           date
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           this
                                                                                                                                                                                                                                                           Agreement.
	 	 	 

	(f)		No
                                                                                                                                                                                                                                                           Action.
                                                                                                                                                                                                                                                           No
                                                                                                                                                                                                                                                           suit,
                                                                                                                                                                                                                                                           action,
                                                                                                                                                                                                                                                           or
                                                                                                                                                                                                                                                           proceeding
                                                                                                                                                                                                                                                           will
                                                                                                                                                                                                                                                           be
                                                                                                                                                                                                                                                           pending
                                                                                                                                                                                                                                                           or
                                                                                                                                                                                                                                                           threatened
                                                                                                                                                                                                                                                           before
                                                                                                                                                                                                                                                           any
                                                                                                                                                                                                                                                           governmental
                                                                                                                                                                                                                                                           or
                                                                                                                                                                                                                                                           regulatory
                                                                                                                                                                                                                                                           authority
                                                                                                                                                                                                                                                           wherein
                                                                                                                                                                                                                                                           an
                                                                                                                                                                                                                                                           unfavorable
                                                                                                                                                                                                                                                           judgment,
                                                                                                                                                                                                                                                           order,
                                                                                                                                                                                                                                                           decree,
                                                                                                                                                                                                                                                           stipulation,
                                                                                                                                                                                                                                                           injunction
                                                                                                                                                                                                                                                           or
                                                                                                                                                                                                                                                           charge
                                                                                                                                                                                                                                                           would
                                                                                                                                                                                                                                                           result
                                                                                                                                                                                                                                                           in
                                                                                                                                                                                                                                                           and/or:
	 	 	 

	(i)		prevent
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           consummation
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           any
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           transactions
                                                                                                                                                                                                                                                           contemplated
                                                                                                                                                                                                                                                           by
                                                                                                                                                                                                                                                           this
                                                                                                                                                                                                                                                           Agreement;
                                                                                                                                                                                                                                                           or
	 	 	 

	(ii)		cause
                                                                                                                                                                                                                                                            the
                                                                                                                                                                                                                                                            Transaction
                                                                                                                                                                                                                                                            to
                                                                                                                                                                                                                                                            be
                                                                                                                                                                                                                                                            rescinded
                                                                                                                                                                                                                                                            following
                                                                                                                                                                                                                                                            consummation.
	 	 	 

	(g)		Public
                                                                                                                                                                                                                                                           Market.
                                                                                                                                                                                                                                                           On
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           Closing
                                                                                                                                                                                                                                                           Date,
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           shares
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           Pubco
                                                                                                                                                                                                                                                           Common
                                                                                                                                                                                                                                                           Stock
                                                                                                                                                                                                                                                           will
                                                                                                                                                                                                                                                           be
                                                                                                                                                                                                                                                           quoted
                                                                                                                                                                                                                                                           on
                                                                                                                                                                                                                                                           FINRA’s
                                                                                                                                                                                                                                                           OTC
                                                                                                                                                                                                                                                           Bulletin
                                                                                                                                                                                                                                                           Board.
	 	 	 

	(h)		Due
                                                                                                                                                                                                                                  Diligence
                                                                                                                                                                                                                                  Review
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements.
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  accountants
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  satisfied
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  their
                                                                                                                                                                                                                                  due
                                                                                                                                                                                                                                  diligence
                                                                                                                                                                                                                                  investigation
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  review
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                                  Statements,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  SEC
                                                                                                                                                                                                                                  Documents,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  contents
                                                                                                                                                                                                                                  thereof,
                                                                                                                                                                                                                                  prepared
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  accordance
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  GAAP.
	 	 	 

	(i)		Due
                                                                                                                                                                                                                                                           Diligence
                                                                                                                                                                                                                                                           Generally.
                                                                                                                                                                                                                                                           Priveco
                                                                                                                                                                                                                                                           will
                                                                                                                                                                                                                                                           be
                                                                                                                                                                                                                                                           reasonably
                                                                                                                                                                                                                                                           satisfied
                                                                                                                                                                                                                                                           with
                                                                                                                                                                                                                                                           their
                                                                                                                                                                                                                                                           due
                                                                                                                                                                                                                                                           diligence
                                                                                                                                                                                                                                                           investigation
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           Pubco
                                                                                                                                                                                                                                                           that
                                                                                                                                                                                                                                                           is
                                                                                                                                                                                                                                                           reasonable
                                                                                                                                                                                                                                                           and
                                                                                                                                                                                                                                                           customary
                                                                                                                                                                                                                                                           in
                                                                                                                                                                                                                                                           a
                                                                                                                                                                                                                                                           transaction
                                                                                                                                                                                                                                                           of
                                                                                                                                                                                                                                                           a
                                                                                                                                                                                                                                                           similar
                                                                                                                                                                                                                                                           nature
                                                                                                                                                                                                                                                           to
                                                                                                                                                                                                                                                           that
                                                                                                                                                                                                                                                           contemplated
                                                                                                                                                                                                                                                           by
                                                                                                                                                                                                                                                           the
                                                                                                                                                                                                                                                           Transaction.

  

    	- 17 -

    	 

    

 

6.
                    ADDITIONAL
COVENANTS OF THE PARTIES

 

6.1                    Notification
of Financial Liabilities. Priveco will immediately notify Pubco in accordance with Section 10.6 hereof, if Priveco receives
any advice or notification from its independent certified public accounts that Priveco has used any improper accounting practice
that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts of Priveco, any properties,
assets, Liabilities, revenues, or expenses. Notwithstanding any statement to the contrary in this Agreement, this covenant will
survive Closing and continue in full force and effect.

 

6.2                    Access
and Investigation. Between the date of this Agreement and the Closing Date, Priveco, on the one hand, and Pubco, on the other
hand, will, and will cause each of their respective representatives to:

 

	(a)		afford
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  representatives
                                                                                                                                                                                                                                  full
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  free
                                                                                                                                                                                                                                  access
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  personnel,
                                                                                                                                                                                                                                  properties,
                                                                                                                                                                                                                                  assets,
                                                                                                                                                                                                                                  contracts,
                                                                                                                                                                                                                                  books
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  records,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  data;
	 	 	 

	(b)		furnish
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  representatives
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  copies
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  contracts,
                                                                                                                                                                                                                                  books
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  records,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  existing
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  data
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  otherwise
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  request;
                                                                                                                                                                                                                                  and
	 	 	 

	(c)		furnish
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  representatives
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  additional
                                                                                                                                                                                                                                  financial,
                                                                                                                                                                                                                                  operating,
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  data
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  information
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  may
                                                                                                                                                                                                                                  reasonably
                                                                                                                                                                                                                                  request.

 

All
of such access, investigation and communication by a party and its representatives will be conducted during normal business hours
and in a manner designed not to interfere unduly with the normal business operations of the other party. Each party will instruct
its auditors to co-operate with the other party and its representatives in connection with such investigations.

 

6.3                    Confidentiality.
All information regarding the business of Priveco including, without limitation, financial information that Priveco provides to
Pubco during Pubco’s due diligence investigation of Priveco will be kept in strict confidence by Pubco and will not be used
(except in connection with due diligence), dealt with, exploited or commercialized by Pubco or disclosed to any third party (other
than Pubco’s professional accounting and legal advisors) without the prior written consent of Priveco. If the Transaction
contemplated by this Agreement does not proceed for any reason, then upon receipt of a written request from Priveco, Pubco will
immediately return to Priveco (or as directed by Priveco) any information received regarding Priveco’s business. Likewise,
all information regarding the business of Pubco including, without limitation, financial information that Pubco provides to Priveco
during its due diligence investigation of Pubco will be kept in strict confidence by Priveco and will not be used (except in connection
with due diligence), dealt with, exploited or commercialized by Priveco or disclosed to any third party (other than Priveco’s
professional accounting and legal advisors) without Pubco’s prior written consent. If the Transaction contemplated by this
Agreement does not proceed for any reason, then upon receipt of a written request from Pubco, Priveco will immediately return
to Pubco (or as directed by Pubco) any information received regarding Pubco’s business.

 

6.4                    Notification.
Between the date of this Agreement and the Closing Date, each of the parties to this Agreement will promptly notify the other
parties in writing if it becomes aware of any fact or condition that causes or constitutes a material breach of any of its representations
and warranties as of the date of this Agreement, if it becomes aware of the occurrence after the date of this Agreement of any
fact or condition that would cause or constitute a material breach of any such representation or warranty had such representation
or warranty been made as of the time of occurrence or discovery of such fact or condition. Should any such fact or condition require
any change in the Schedules relating to such party, such party will promptly deliver to the other parties a supplement to the
Schedules specifying such change. During the same period, each party will promptly notify the other parties of the occurrence
of any material breach of any of its covenants in this Agreement or of the occurrence of any event that may make the satisfaction
of such conditions impossible or unlikely.

 

    	- 18 -

    	 

    

 

6.5                    Exclusivity.
Until such time, if any, as this Agreement is terminated pursuant to this Agreement, Priveco and Pubco will not, directly or indirectly,
solicit, initiate, entertain or accept any inquiries or proposals from, discuss or negotiate with, provide any non-public information
to, or consider the merits of any unsolicited inquiries or proposals from, any person or entity relating to any transaction involving
the sale of the business or assets (other than in the ordinary course of business), or any of the capital stock of Priveco or
Pubco, as applicable, or any merger, consolidation, business combination, or similar transaction other than as contemplated by
this Agreement.

 

6.6                   Conduct
of Priveco and Pubco Business Prior to Closing. From the date of this Agreement to the Closing Date, and except to the extent
that Pubco otherwise consents in writing, Priveco will operate its business substantially as presently operated and only in the
ordinary course and in compliance with all applicable laws, and use its best efforts to preserve intact its good reputation and
present business organization and to preserve its relationships with persons having business dealings with it. Likewise, from
the date of this Agreement to the Closing Date, and except to the extent that Priveco otherwise consents in writing, Pubco will
operate its business substantially as presently operated and only in the ordinary course and in compliance with all applicable
laws, and use its best efforts to preserve intact its good reputation and present business organization and to preserve its relationships
with persons having business dealings with it.

 

6.7                   Certain
Acts Prohibited – Priveco. Except as expressly contemplated by this Agreement or for purposes in furtherance of this
Agreement, between the date of this Agreement and the Closing Date, Priveco will not, without the prior written consent of Pubco:

 

	(a)		amend
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  Articles,
                                                                                                                                                                                                                                  Bylaws
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  incorporation
                                                                                                                                                                                                                                  documents;
	 	 	 

	(b)		incur
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  liability
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  encumber
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  permit
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  encumbrance
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business;
	 	 	 

	(c)		dispose
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  contract
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  dispose
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets,
                                                                                                                                                                                                                                  including
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Intellectual
                                                                                                                                                                                                                                  Property
                                                                                                                                                                                                                                  Assets,
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice;
	 	 	 

	(d)		issue,
                                                                                                                                                                                                                                  deliver,
                                                                                                                                                                                                                                  sell,
                                                                                                                                                                                                                                  pledge
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  otherwise
                                                                                                                                                                                                                                  encumber
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  subject
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  lien
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  rights,
                                                                                                                                                                                                                                  warrants
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  options
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  acquire,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  shares,
                                                                                                                                                                                                                                  voting
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  convertible
                                                                                                                                                                                                                                  securities;
	 	 	 

	(e)		not:
	 	 	 

	(i)		declare,
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  aside
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  dividends
                                                                                                                                                                                                                                  on,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  make
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  distributions
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock,
                                                                                                                                                                                                                                  or
	 	 	 

	(ii)		split,
                                                                                                                                                                                                                                   combine
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   reclassify
                                                                                                                                                                                                                                   any
                                                                                                                                                                                                                                   Priveco
                                                                                                                                                                                                                                   Common
                                                                                                                                                                                                                                   Stock
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   issue
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   authorize
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   issuance
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   any
                                                                                                                                                                                                                                   other
                                                                                                                                                                                                                                   securities
                                                                                                                                                                                                                                   in
                                                                                                                                                                                                                                   respect
                                                                                                                                                                                                                                   of,
                                                                                                                                                                                                                                   in
                                                                                                                                                                                                                                   lieu
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   in
                                                                                                                                                                                                                                   substitution
                                                                                                                                                                                                                                   for
                                                                                                                                                                                                                                   shares
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   Priveco
                                                                                                                                                                                                                                   Common
                                                                                                                                                                                                                                   Stock;
                                                                                                                                                                                                                                   or
	 	 	 

	(f)		not
                                                                                                                                                                                                                                  materially
                                                                                                                                                                                                                                  increase
                                                                                                                                                                                                                                  benefits
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  compensation
                                                                                                                                                                                                                                  expenses
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  than
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  terms
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  employment
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  existence
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  increase
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  cash
                                                                                                                                                                                                                                  compensation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  director,
                                                                                                                                                                                                                                  executive
                                                                                                                                                                                                                                  officer
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  key
                                                                                                                                                                                                                                  employee
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  amount
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  plan
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  arrangement
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  person.

 

    	- 19 -

    	 

    

  

6.8                   Certain
Acts Prohibited - Pubco. Except as expressly contemplated by this Agreement, between the date of this Agreement and the Closing
Date, Pubco will not, without the prior written consent of Priveco:

 

	(a)		amend
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  Articles,
                                                                                                                                                                                                                                  Bylaws
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  incorporation
                                                                                                                                                                                                                                  documents;
	 	 	 

	(b)		incur
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  liability
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  encumber
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  permit
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  encumbrance
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  properties
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice;
	 	 	 

	(c)		dispose
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  contract
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  dispose
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  property
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  assets
                                                                                                                                                                                                                                  except
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  ordinary
                                                                                                                                                                                                                                  course
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  consistent
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  past
                                                                                                                                                                                                                                  practice;
	 	 	 

	(d)		declare,
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  aside
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  dividends
                                                                                                                                                                                                                                  on,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  make
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  distributions
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Common
                                                                                                                                                                                                                                  Stock;
                                                                                                                                                                                                                                  or
	 	 	 

	(e)		materially
                                                                                                                                                                                                                                  increase
                                                                                                                                                                                                                                  benefits
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  compensation
                                                                                                                                                                                                                                  expenses
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  increase
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  cash
                                                                                                                                                                                                                                  compensation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  director,
                                                                                                                                                                                                                                  executive
                                                                                                                                                                                                                                  officer
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  key
                                                                                                                                                                                                                                  employee
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pay
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  benefit
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  amount
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  person.

 

6.9                    Public
Announcements. Pubco and Priveco each agree that they will not release or issue any reports or statements or make any public
announcements relating to this Agreement or the Transaction contemplated herein without the prior written consent of the other
party, except as may be required upon written advice of counsel to comply with applicable laws or regulatory requirements after
consulting with the other party hereto and seeking their reasonable consent to such announcement.

 

6.10                  Pubco
Board of Directors and Officers. The current directors of Pubco will adopt resolutions appointing Ronald Holland as member
and Chairman of the board of directors. The appointments will be effective on Closing.

 

6.11                  Priveco
and Pubco Warrants. 

 

	(a)		Priveco
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  7,250,000
                                                                                                                                                                                                                                  warrants
                                                                                                                                                                                                                                  issued
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  outstanding
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.
                                                                                                                                                                                                                                  Of
                                                                                                                                                                                                                                  these,
                                                                                                                                                                                                                                  5,200,000,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  listed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  7,
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  cancelled.
	 	 	 

	(b)		The
                                                                                                                                                                                                                                  remaining
                                                                                                                                                                                                                                  2,050,000
                                                                                                                                                                                                                                  warrants
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  exchanged
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  410,000
                                                                                                                                                                                                                                  warrants
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  acquire
                                                                                                                                                                                                                                  common
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  $1.75
                                                                                                                                                                                                                                  per
                                                                                                                                                                                                                                  share
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  360
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  9.
	 	 	 

	(c)		An
                                                                                                                                                                                                                                  additional
                                                                                                                                                                                                                                  1,599,852
                                                                                                                                                                                                                                  warrants
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  acquire
                                                                                                                                                                                                                                  common
                                                                                                                                                                                                                                  shares
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  at
                                                                                                                                                                                                                                  $1.75
                                                                                                                                                                                                                                  per
                                                                                                                                                                                                                                  share
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  360
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Closing
                                                                                                                                                                                                                                  shall
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  issued
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  shareholders
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  out
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  10.

 

    	- 20 -

    	 

    

 

7.                    CLOSING

 

7.1                   Closing.
The Closing shall take place on December 15, 2012 at the offices of the lawyers for
Priveco or at such other location or such other date as may be agreed to by the parties. Notwithstanding the location of the Closing,
each party agrees that the Closing may be completed by the exchange of undertakings between the respective legal counsel for Priveco
and Pubco, provided such undertakings are satisfactory to each party’s respective legal counsel.

 

7.2                   Closing
Deliveries of Priveco and the Selling Shareholders. At Closing, Priveco and the Selling Shareholders will deliver or cause
to be delivered the following, fully executed and in the form and substance reasonably satisfactory to Pubco:

 

	(a)		copies
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  resolutions
                                                                                                                                                                                                                                  and/or
                                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                                  actions
                                                                                                                                                                                                                                  adopted
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  behalf
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  board
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  directors
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  evidencing
                                                                                                                                                                                                                                  approval
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
	 	 	 

	(b)		share
                                                                                                                                                                                                                                  certificates
                                                                                                                                                                                                                                  representing
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Shares
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  2.4
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
	 	 	 

	(c)		warrant
                                                                                                                                                                                                                                  certificates
                                                                                                                                                                                                                                  representing
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Warrants
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  cancellation;
	 	 	 

	(d)		a
                                                                                                                                                                                                                                  signed
                                                                                                                                                                                                                                  copy
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Warrant
                                                                                                                                                                                                                                  Cancellation
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  specified
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  8,
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  every
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholder
                                                                                                                                                                                                                                  listed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Schedule
                                                                                                                                                                                                                                  7;
	 	 	 

	(e)		all
                                                                                                                                                                                                                                  certificates
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  2.4
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  and
	 	 	 

	(f)		the
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  documents,
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  duly
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  give
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction.

 

7.3                   Closing
Deliveries of Pubco. At Closing, Pubco will deliver or cause to be delivered the following, fully executed and in the form
and substance reasonably satisfactory to Priveco:

 

	(a)		copies
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  all
                                                                                                                                                                                                                                  resolutions
                                                                                                                                                                                                                                  and/or
                                                                                                                                                                                                                                  consent
                                                                                                                                                                                                                                  actions
                                                                                                                                                                                                                                  adopted
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  behalf
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  board
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  directors
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  evidencing
                                                                                                                                                                                                                                  approval
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
	 	 	 

	(b)		all
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  certificates,
                                                                                                                                                                                                                                  amendments
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  documents
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  5.2
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  ;
	 	 	 

	(c)		warrant
                                                                                                                                                                                                                                  certificates
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  who
                                                                                                                                                                                                                                  are
                                                                                                                                                                                                                                  exchanging
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Warrants
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Warrants;
	 	 	 

	(d)		the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Documents
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  necessary
                                                                                                                                                                                                                                  documents,
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  duly
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  give
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction;
                                                                                                                                                                                                                                  and
	 	 	 

	(e)		the
                                                                                                                                                                                                                                  resolutions
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  effect
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  changes
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Sections
                                                                                                                                                                                                                                  6.10
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  6.11
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.

 

    	- 21 -

    	 

    

 

8.                    TERMINATION

 

8.1                   Termination.
This Agreement may be terminated at any time prior to the Closing Date contemplated hereby by:

 

	(a)		mutual
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  Priveco;
	 	 	 

	(b)		Pubco,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  there
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  representation,
                                                                                                                                                                                                                                  warranty,
                                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  part
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  cured,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                                  satisfaction
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco,
                                                                                                                                                                                                                                  within
                                                                                                                                                                                                                                  ten
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  given
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  (except
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  cure
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  nature
                                                                                                                                                                                                                                  cannot
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  cured);
	 	 	 

	(c)		Priveco,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  there
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  material
                                                                                                                                                                                                                                  representation,
                                                                                                                                                                                                                                  warranty,
                                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  set
                                                                                                                                                                                                                                  forth
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  part
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  cured
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  breaching
                                                                                                                                                                                                                                  party,
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  reasonable
                                                                                                                                                                                                                                  satisfaction
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  within
                                                                                                                                                                                                                                  ten
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  notice
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  given
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  (except
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  no
                                                                                                                                                                                                                                  cure
                                                                                                                                                                                                                                  period
                                                                                                                                                                                                                                  will
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  provided
                                                                                                                                                                                                                                  for
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  that
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  nature
                                                                                                                                                                                                                                  cannot
                                                                                                                                                                                                                                  be
                                                                                                                                                                                                                                  cured);
	 	 	 

	(d)		Pubco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  Priveco,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  consummated
                                                                                                                                                                                                                                  within
                                                                                                                                                                                                                                  30
                                                                                                                                                                                                                                  days
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  execution
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  and
	 	 	 

	(e)		Pubco
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  permanent
                                                                                                                                                                                                                                  injunction
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  order
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  governmental
                                                                                                                                                                                                                                  entity
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  competent
                                                                                                                                                                                                                                  authority
                                                                                                                                                                                                                                  preventing
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  consummation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Transaction
                                                                                                                                                                                                                                  contemplated
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  become
                                                                                                                                                                                                                                  final
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  non-appealable.

 

8.2                   Effect
of Termination. In the event of the termination of this Agreement as provided in Section 8.1, this Agreement will be of no
further force or effect, provided, however, that no termination of this Agreement will relieve any party of liability for any
breaches of this Agreement that are based on a wrongful refusal or failure to perform any obligations.

 

9.                    
INDEMNIFICATION, REMEDIES, SURVIVAL

 

9.1                   Certain
Definitions. For the purposes of this Article 9 the terms “Loss” and “Losses”
mean any and all demands, claims, actions or causes of action, assessments, losses, damages, Liabilities, costs, and expenses,
including without limitation, interest, penalties, fines and reasonable attorneys, accountants and other professional fees and
expenses, but excluding any indirect, consequential or punitive damages suffered by Pubco or Priveco including damages for lost
profits or lost business opportunities.

 

9.2                   Agreement
of Priveco to Indemnify. Priveco will indemnify, defend, and hold harmless, to the full extent of the law, Pubco and its shareholders
from, against, and in respect of any and all Losses asserted against, relating to, imposed upon, or incurred by Pubco and its
shareholders by reason of, resulting from, based upon or arising out of:

 

	(a)		the
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  representation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  warranty
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Document
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  instrument
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  or
	 	 	 

	(b)		the
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  partial
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Priveco
                                                                                                                                                                                                                                  Document
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  instrument
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.

 

    	- 22 -

    	 

    

 

9.3                    Agreement
of the Selling Shareholders to Indemnify. The Selling Shareholders will indemnify, defend, and hold harmless, to the full
extent of the law, Pubco and its shareholders from, against, and in respect of any and all Losses asserted against, relating to,
imposed upon, or incurred by Pubco and its shareholders by reason of, resulting from, based upon or arising out of:

 

	(a)		any
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  2.2
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  or
	 	 	 

	(b)		any
                                                                                                                                                                                                                                  misstatement,
                                                                                                                                                                                                                                  misrepresentation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  representations
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  warranties
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Regulation
                                                                                                                                                                                                                                  S
                                                                                                                                                                                                                                  Certificate,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Questionnaire
                                                                                                                                                                                                                                  executed
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  each
                                                                                                                                                                                                                                  Selling
                                                                                                                                                                                                                                  Shareholders
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  part
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  share
                                                                                                                                                                                                                                  exchange
                                                                                                                                                                                                                                  procedure
                                                                                                                                                                                                                                  detailed
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  Section
                                                                                                                                                                                                                                  2.4
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.

 

9.4                    Agreement
of Pubco to Indemnify. Pubco will indemnify, defend, and hold harmless, to the full extent of the law, Priveco and the Selling
Shareholders from, against, for, and in respect of any and all Losses asserted against, relating to, imposed upon, or incurred
by Priveco and the Selling Shareholders by reason of, resulting from, based upon or arising out of:

 

	(a)		the
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  representation
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  warranty
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  contained
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Document
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  instrument
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement;
                                                                                                                                                                                                                                  or
	 	 	 

	(b)		the
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  partial
                                                                                                                                                                                                                                  breach
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  covenant
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  agreement
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  made
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement,
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Document
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  certificate
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  instrument
                                                                                                                                                                                                                                  delivered
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  this
                                                                                                                                                                                                                                  Agreement.

 

10.                    MISCELLANEOUS
PROVISIONS

 

10.1                  Effectiveness
of Representations; Survival. Each party is entitled to rely on the representations, warranties and agreements of each of
the other parties and all such representation, warranties and agreement will be effective regardless of any investigation that
any party has undertaken or failed to undertake. Unless otherwise stated in this Agreement, and except for instances of fraud,
the representations, warranties and agreements will survive the Closing Date and continue in full force and effect until one (1)
year after the Closing Date.

 

10.2                    Further
Assurances. Each of the parties hereto will co-operate with the others and execute and deliver to the other parties hereto
such other instruments and documents and take such other actions as may be reasonably requested from time to time by any other
party hereto as necessary to carry out, evidence, and confirm the intended purposes of this Agreement.

 

10.3                    Amendment.
This Agreement may not be amended except by an instrument in writing signed by each of the parties.

 

10.4                    Expenses.
Pubco will bear all costs incurred in connection with the preparation, execution and its performance of this Agreement and the
Transaction contemplated hereby, including all fees and expenses of agents, representatives and accountants; provided that Pubco
and Priveco will bear their respective legal costs incurred in connection with the preparation, execution and performance of this
Agreement and the Transaction contemplated hereby. 

 

10.5                    Entire
Agreement. This Agreement, the schedules attached hereto and the other documents in connection with this transaction contain
the entire agreement between the parties with respect to the subject matter hereof and supersede all prior arrangements and understandings,
both written and oral, expressed or implied, with respect thereto. Any preceding correspondence or offers are expressly superseded
and terminated by this Agreement.

 

10.6                    Notices.
All notices and other communications required or permitted under this Agreement must be in writing and will be deemed given if
sent by email, personal delivery, faxed with electronic confirmation of delivery, internationally-recognized express courier or
registered or certified mail (return receipt requested), postage prepaid, to the parties at the addresses provided on the first
page of this Agreement.

 

    	- 23 -

    	 

    

  

All
such notices and other communications will be deemed to have been received:

 

	(a)		In
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  case
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  email,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  day
                                                                                                                                                                                                                                  after
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  email
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  sent;
	 	 	 

	(b)		in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  case
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  personal
                                                                                                                                                                                                                                  delivery,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  date
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  delivery;
	 	 	 

	(c)		in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  case
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  fax,
                                                                                                                                                                                                                                  when
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  party
                                                                                                                                                                                                                                  sending
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  fax
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  received
                                                                                                                                                                                                                                  electronic
                                                                                                                                                                                                                                  confirmation
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  its
                                                                                                                                                                                                                                  delivery;
	 	 	 

	(d)		in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  case
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  delivery
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  internationally-recognized
                                                                                                                                                                                                                                  express
                                                                                                                                                                                                                                  courier,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  day
                                                                                                                                                                                                                                  following
                                                                                                                                                                                                                                  dispatch;
                                                                                                                                                                                                                                  and
	 	 	 

	(e)		in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  case
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  mailing,
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  fifth
                                                                                                                                                                                                                                  business
                                                                                                                                                                                                                                  day
                                                                                                                                                                                                                                  following
                                                                                                                                                                                                                                  mailing.

 

10.7                   Headings.
The headings contained in this Agreement are for convenience purposes only and will not affect in any way the meaning or interpretation
of this Agreement.

 

10.8                   Benefits.
This Agreement is and will only be construed as for the benefit of or enforceable by those persons party to this Agreement.

 

10.9                   Assignment.
This Agreement may not be assigned (except by operation of law) by any party without the consent of the other parties.

 

10.10                 Governing
Law. This Agreement will be governed by and construed in accordance with the laws of the State of Nevada applicable to contracts
made and to be performed therein.

 

10.11                   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 rule of strict construction will be applied against any party.

 

10.12                  Gender.
All references to any party will be read with such changes in number and gender as the context or reference requires.

 

10.13                 Business
Days. If the last or appointed day for the taking of any action required or the expiration of any rights granted herein shall
be a Saturday, Sunday or a legal holiday in the Province of British Columbia, then such action may be taken or right may be exercised
on the next succeeding day which is not a Saturday, Sunday or such a legal holiday.

 

10.14                 Counterparts.
This Agreement may be executed in one or more counterparts, all of which will be considered one and the same agreement and will
become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it
being understood that all parties need not sign the same counterpart.

 

10.15                 Electronic
Execution. This Agreement may be executed by delivery of executed signature pages by electronic reproduction, email, fax and
such email or fax reproduction execution will be effective for all purposes.

 

10.16                 Schedules
and Exhibits. The schedules and exhibits are attached to this Agreement and incorporated herein.

 

    	- 24 -

    	 

    

  

IN
WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

 

SILVERSTAR
MINING CORP.

  

	Per:	/s/
    Neil Kleinman	 	Per:	/s/
    Jared Robinson
	 	Authorized
    Signatory	 	 	Authorized
    Signatory
	Name:	Neil
    Kleinman	 	Name:	Jared
    Robinson
	Title:	President
    and Director	 	Title:	Chief
    Financial Officer and Director
	 	 	 	 	 
	ARRIBA
    RESOURCES INC	 	 	 
	 	 	 	 	 
	Per:	/s/
    Matthew Hamilton	 	 	 
	 	Authorized
    Signatory	 	 	 
	Name:	Matthew
    Hamilton	 	 	 
	Title:	President
    and Director	 	 	 

  

SELLING
SHAREHOLDERS OF ARRIBA RESOURCES INC.

 

	 	 	 
	Korat
    Super Fund	 	Edelweiss
    Group Holdings Limited
	 	 	 
	By:	Title:	 	By:	Title:
	 	 	 
	 	 	 
	Mexican
    Resources Ltd	 	Fox
    Explorations Ltd.
	 	 	 
	By:	Title:	 	By:	Title:
	 	 	 
	 	 	 
	Midas
    De Alta Ley La Palma. S.A. De. C.V.	 	Gonet
    & Cie
	 	 	 
	By:	Title:	 	By:	Title:

 

    	- 25 -

    	 

    

  

	 	 	 
	Matthew
    Hamilton	 	Mark
    Bloom
	 	 	 
	 	 	 
	David Greenway	 	Steve Elloway
	 	 	 
	 	 	 
	Charles Supapodok	 	Neil Linder
	 	 	 
	 	 	 
	Erica Gregan	 	Jospehine Gregan
     
	 	 	 
	 	 	 
	Steven Koppe	 	Dominic
    Goh
	 	 	 
	 	 	 
	Sam Coatham	 	Hirokado Kohji
	 	 	 
	 	 	 
	Shawn Gibson	 	John Percival
	 	 	 
	 	 	 
	Christie Pier	 	
	 	 	 
	 	 	 
	Xavier Ducros	 	Benoit Chevalier
	 	 	 
	 	 	 
	Stephanie Bradshaw	 	Jarl Smidt-Olsen

 

    	- 26 -

    	 

    

 

SCHEDULE
1

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

	Name 	 	Number
    of 

    Priveco Shares 

    held before 

    Closing	 	Total
    Number of 

    Pubco Shares to 

    be received on 

    Closing	 
	 	 	 	 	 	 
	Matthew
    Hamilton	 	900,000	 	90,000	 
	Mark
    Bloom	 	3,100,000	 	310,000	 
	David
    Greenway	 	1,400,000	 	140,000	 
	Steve
    Elloway	 	1,400,000	 	140,000	 
	Charles
    Supapodok	 	400,000	 	40,000	 
	Neil
    Linder	 	600,000	 	60,000	 
	Korat
    Super Fund	 	200,000	 	20,000	 
	Erica
    Gregan	 	250,000	 	25,000	 
	Josephine
    Gregan	 	250,000	 	25,000	 
	Steven
    Koppe	 	250,000	 	25,000	 
	Dominic
    Goh	 	250,000	 	25,000	 
	Edelweiss
    Group Holdings Limited	 	1,000,000	 	100,000	 
	Sam
    Coatham	 	100,000	 	10,000	 
	Hirokado
    Kohji	 	300,000	 	30,000	 
	Mexican
    Resources Ltd	 	6,599,262	 	659,926	 
	Fox
    Explorations Ltd	 	150,000	 	15,000	 
	Shawn
    Gibson	 	500,000	 	50,000	 
	John
    Percival	 	150,000	 	15,000	 
	Christie
    Pier	 	200,000	 	20,000	 
	Midas
    De Alta Ley La Palma S.A De C.V.	 	1,500,000	 	150,000	 
	Xavier
    Ducros	 	200,000	 	20,000	 
	Benoit
    Chevalier	 	200,000	 	20,000	 
	Stephanie
    Bradshaw	 	200,000	 	20,000	 
	Jarl
    Smidt-Olsen	 	400,000	 	40,000	 
	Gonet
    & Cie	 	400,000	 	40,000	 
	 	 	 	 	 	 
	Total	 	20,899,262	 	2,089,926	 

 

    	- 27 -

    	 

    

 

SCHEDULE
2A

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

CERTIFICATE
OF NON-U.S. SHAREHOLDER

 

In
connection with the issuance of common stock (the “Pubco Shares”) of SILVERSTAR MINING CORP., a Nevada corporation
(“Pubco”), to the undersigned, pursuant to that certain Share Exchange Agreement dated November 23, 2012 (the “Agreement”),
among Pubco, ARRIBA RESOURCES INC., a British Columbia corporation (“Priveco”) and the shareholders of Priveco as
set out in the Agreement (each, a “Selling Shareholder”), the undersigned Selling Shareholder hereby agrees, acknowledges,
represents and warrants that:

 

1.      the
undersigned is not a “U.S. Person” as such term is defined by Rule 902 of Regulation S under the United States Securities
Act of 1933, as amended (“U.S. Securities Act”) (the definition of which includes, but is not limited to, an individual
resident in the U.S. and an estate or trust of which any executor or administrator or trust, respectively is a U.S. Person and
any partnership or corporation organized or incorporated under the laws of the U.S.);

 

2.      none
of the Pubco Shares have been or will be registered under the U.S. Securities Act, or under any state securities or “blue
sky” laws of any state of the United States, and may not be offered or sold in the United States or, directly or indirectly,
to U.S. Persons, as that term is defined in Regulation S, except in accordance with the provisions of Regulation S or pursuant
to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance
with any applicable state and foreign securities laws;

 

3.      the
Selling Shareholder understands and agrees that offers and sales of any of the Pubco Shares prior to the expiration of a period
of one year after the date of original issuance of the Pubco Shares (the one year period hereinafter referred to as the “Distribution
Compliance Period”) shall only be made in compliance with the safe harbor provisions set forth in Regulation S, pursuant
to the registration provisions of the U.S. Securities Act or an exemption therefrom, and that all offers and sales after the Distribution
Compliance Period shall be made only in compliance with the registration provisions of the U.S. Securities Act or an exemption
therefrom and in each case only in accordance with applicable state and foreign securities laws;

 

4.      the
Selling Shareholder understands and agrees not to engage in any hedging transactions involving any of the Pubco Shares unless
such transactions are in compliance with the provisions of the U.S. Securities Act and in each case only in accordance with applicable
state and provincial securities laws;

 

5.      the
Selling Shareholder is acquiring the Pubco Shares for investment only and not with a view to resale or distribution and, in particular,
it has no intention to distribute either directly or indirectly any of the Pubco Shares in the United States or to U.S. Persons;

 

6.      the
Selling Shareholder has not acquired the Pubco Shares as a result of, and will not itself engage in, any directed selling efforts
(as defined in Regulation S under the U.S. Securities Act) in the United States in respect of the Pubco Shares which would include
any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market
in the United States for the resale of any of the Pubco Shares; provided, however, that the Selling Shareholder may sell or otherwise
dispose of the Pubco Shares pursuant to registration thereof under the U.S. Securities Act and any applicable state and provincial
securities laws or under an exemption from such registration requirements;

 

    	- 28 -

    	 

    

 

7.      the
statutory and regulatory basis for the exemption claimed for the sale of the Pubco Shares, although in technical compliance with
Regulation S, would not be available if the offering is part of a plan or scheme to evade the registration provisions of the U.S.
Securities Act or any applicable state and provincial securities laws;

 

8.      Pubco
has not undertaken, and will have no obligation, to register any of the Pubco Shares under the U.S. Securities Act;

 

9.      Pubco
is entitled to rely on the acknowledgements, agreements, representations and warranties and the statements and answers of the
Selling Shareholder contained in the Agreement and this Certificate, and the Selling Shareholder will hold harmless Pubco from
any loss or damage either one may suffer as a result of any such acknowledgements, agreements, representations and/or warranties
made by the Selling Shareholder not being true and correct;

 

10.      the
undersigned has been advised to consult their own respective legal, tax and other advisors with respect to the merits and risks
of an investment in the Pubco Shares and, with respect to applicable resale restrictions, is solely responsible (and Pubco is
not in any way responsible) for compliance with applicable resale restrictions;

 

11.      the
undersigned and the undersigned’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers from
Pubco in connection with the acquisition of the Pubco Shares under the Agreement, and to obtain additional information, to the
extent possessed or obtainable by Pubco without unreasonable effort or expense;

 

12.      the
books and records of Pubco were available upon reasonable notice for inspection, subject to certain confidentiality restrictions,
by the undersigned during reasonable business hours at its principal place of business and that all documents, records and books
in connection with the acquisition of the Pubco Shares under the Agreement have been made available for inspection by the undersigned,
the undersigned’s attorney and/or advisor(s);

 

13.      the
undersigned:

 

	(a)		is
                                                                                                                                                                                                                                  knowledgeable
                                                                                                                                                                                                                                  of,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  has
                                                                                                                                                                                                                                  been
                                                                                                                                                                                                                                  independently
                                                                                                                                                                                                                                  advised
                                                                                                                                                                                                                                  as
                                                                                                                                                                                                                                  to,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  regulators
                                                                                                                                                                                                                                  having
                                                                                                                                                                                                                                  application
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  jurisdiction
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  undersigned
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  resident
                                                                                                                                                                                                                                  (the
                                                                                                                                                                                                                                  “International
                                                                                                                                                                                                                                  Jurisdiction”)
                                                                                                                                                                                                                                  which
                                                                                                                                                                                                                                  would
                                                                                                                                                                                                                                  apply
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  acquisition
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares;
	 	 	 

	(b)		the
                                                                                                                                                                                                                                  undersigned
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  acquiring
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares
                                                                                                                                                                                                                                  pursuant
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  exemptions
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  prospectus
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  equivalent
                                                                                                                                                                                                                                  requirements
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  or,
                                                                                                                                                                                                                                  if
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  applicable,
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  undersigned
                                                                                                                                                                                                                                  is
                                                                                                                                                                                                                                  permitted
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  acquire
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares
                                                                                                                                                                                                                                  under
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  regulators
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  International
                                                                                                                                                                                                                                  Jurisdiction
                                                                                                                                                                                                                                  without
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  need
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  rely
                                                                                                                                                                                                                                  on
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  exemptions;
	 	 	 

	(c)		the
                                                                                                                                                                                                                                  applicable
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  laws
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  authorities
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  International
                                                                                                                                                                                                                                  Jurisdiction
                                                                                                                                                                                                                                  do
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  require
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  make
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  filings
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  seek
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  approvals
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  kind
                                                                                                                                                                                                                                  whatsoever
                                                                                                                                                                                                                                  from
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  securities
                                                                                                                                                                                                                                  regulator
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  kind
                                                                                                                                                                                                                                  whatsoever
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  International
                                                                                                                                                                                                                                  Jurisdiction
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  connection
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  issue
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  sale
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  resale
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares;
                                                                                                                                                                                                                                  and
	 	 	 

	(d)		the
                                                                                                                                                                                                                                  acquisition
                                                                                                                                                                                                                                  of
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  Pubco
                                                                                                                                                                                                                                  Shares
                                                                                                                                                                                                                                  by
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  undersigned
                                                                                                                                                                                                                                  does
                                                                                                                                                                                                                                  not
                                                                                                                                                                                                                                  trigger:
	 	 	 

	(i)		any
                                                                                                                                                                                                                                  obligation
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  prepare
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  file
                                                                                                                                                                                                                                  a
                                                                                                                                                                                                                                  prospectus
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  similar
                                                                                                                                                                                                                                  document,
                                                                                                                                                                                                                                  or
                                                                                                                                                                                                                                  any
                                                                                                                                                                                                                                  other
                                                                                                                                                                                                                                  report
                                                                                                                                                                                                                                  with
                                                                                                                                                                                                                                  respect
                                                                                                                                                                                                                                  to
                                                                                                                                                                                                                                  such
                                                                                                                                                                                                                                  purchase
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  the
                                                                                                                                                                                                                                  International
                                                                                                                                                                                                                                  Jurisdiction;
                                                                                                                                                                                                                                  or
	 	 	 

	(ii)		any
                                                                                                                                                                                                                                   continuous
                                                                                                                                                                                                                                   disclosure
                                                                                                                                                                                                                                   reporting
                                                                                                                                                                                                                                   obligation
                                                                                                                                                                                                                                   of
                                                                                                                                                                                                                                   Pubco
                                                                                                                                                                                                                                   in
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   International
                                                                                                                                                                                                                                   Jurisdiction;
                                                                                                                                                                                                                                   and

 

			the
                                                                                                                                                                 undersigned
                                                                                                                                                                 will,
                                                                                                                                                                 if
                                                                                                                                                                 requested
                                                                                                                                                                 by
                                                                                                                                                                 Pubco,
                                                                                                                                                                 deliver
                                                                                                                                                                 to
                                                                                                                                                                 Pubco
                                                                                                                                                                 a
                                                                                                                                                                 certificate
                                                                                                                                                                 or
                                                                                                                                                                 opinion
                                                                                                                                                                 of
                                                                                                                                                                 local
                                                                                                                                                                 counsel
                                                                                                                                                                 from
                                                                                                                                                                 the
                                                                                                                                                                 International
                                                                                                                                                                 Jurisdiction
                                                                                                                                                                 which
                                                                                                                                                                 will
                                                                                                                                                                 confirm
                                                                                                                                                                 the
                                                                                                                                                                 matters
                                                                                                                                                                 referred
                                                                                                                                                                 to
                                                                                                                                                                 in
                                                                                                                                                                 Sections
                                                                                                                                                                 13(c)
                                                                                                                                                                 and
                                                                                                                                                                 13(d)
                                                                                                                                                                 above
                                                                                                                                                                 to
                                                                                                                                                                 the
                                                                                                                                                                 satisfaction
                                                                                                                                                                 of
                                                                                                                                                                 Pubco,
                                                                                                                                                                 acting
                                                                                                                                                                 reasonably;

 

    	- 29 -

    	 

    

 

14.      the
undersigned (i) is able to fend for itself in connection with the acquisition of the Pubco Shares; (ii) has such knowledge and
experience in business matters as to be capable of evaluating the merits and risks of its prospective investment in the Pubco
Shares; and (iii) has the ability to bear the economic risks of its prospective investment and can afford the complete loss of
such investment;

 

15.      the
undersigned is not aware of any advertisement of any of the Pubco Shares and is not acquiring the Pubco Shares as a result of
any form of general solicitation or general advertising including advertisements, articles, notices or other communications published
in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have
been invited by general solicitation or general advertising;

 

16.      no
person has made to the undersigned any written or oral representations:

 

	(a)		that
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       person
                                                                                                                                                                                                                                                       will
                                                                                                                                                                                                                                                       resell
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       repurchase
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares;
	 	 	 

	(b)		that
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       person
                                                                                                                                                                                                                                                       will
                                                                                                                                                                                                                                                       refund
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       purchase
                                                                                                                                                                                                                                                       price
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares;
	 	 	 

	(c)		as
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       future
                                                                                                                                                                                                                                                       price
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       value
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares;
                                                                                                                                                                                                                                                       or
	 	 	 

	(d)		that
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares
                                                                                                                                                                                                                                                       will
                                                                                                                                                                                                                                                       be
                                                                                                                                                                                                                                                       listed
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       posted
                                                                                                                                                                                                                                                       for
                                                                                                                                                                                                                                                       trading
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       stock
                                                                                                                                                                                                                                                       exchange
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       automated
                                                                                                                                                                                                                                                       dealer
                                                                                                                                                                                                                                                       quotation
                                                                                                                                                                                                                                                       system
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       that
                                                                                                                                                                                                                                                       application
                                                                                                                                                                                                                                                       has
                                                                                                                                                                                                                                                       been
                                                                                                                                                                                                                                                       made
                                                                                                                                                                                                                                                       to
                                                                                                                                                                                                                                                       list
                                                                                                                                                                                                                                                       and
                                                                                                                                                                                                                                                       post
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       Shares
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       any
                                                                                                                                                                                                                                                       stock
                                                                                                                                                                                                                                                       exchange
                                                                                                                                                                                                                                                       or
                                                                                                                                                                                                                                                       automated
                                                                                                                                                                                                                                                       dealer
                                                                                                                                                                                                                                                       quotation
                                                                                                                                                                                                                                                       system,
                                                                                                                                                                                                                                                       except
                                                                                                                                                                                                                                                       that
                                                                                                                                                                                                                                                       currently
                                                                                                                                                                                                                                                       certain
                                                                                                                                                                                                                                                       market
                                                                                                                                                                                                                                                       makers
                                                                                                                                                                                                                                                       make
                                                                                                                                                                                                                                                       market
                                                                                                                                                                                                                                                       in
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       common
                                                                                                                                                                                                                                                       shares
                                                                                                                                                                                                                                                       of
                                                                                                                                                                                                                                                       Pubco
                                                                                                                                                                                                                                                       on
                                                                                                                                                                                                                                                       the
                                                                                                                                                                                                                                                       OTC
                                                                                                                                                                                                                                                       Bulletin
                                                                                                                                                                                                                                                       Board;

 

17.      none
of the Pubco Shares are listed on any stock exchange or automated dealer quotation system and no representation has been made
to the undersigned that any of the Pubco Shares will become listed on any stock exchange or automated dealer quotation system,
except that currently certain market makers make market in the common shares of Pubco on the OTC Bulletin Board;

 

18.      the
undersigned is outside the United States when receiving and executing this Agreement and is acquiring the Pubco Shares as principal
for their own account, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization
thereof, in whole or in part, and no other person has a direct or indirect beneficial interest in the Pubco Shares;

 

19.      neither
the SEC nor any other securities commission or similar regulatory authority has reviewed or passed on the merits of the Pubco
Shares; Pubco Shares are not being acquired, directly or indirectly, for the account or benefit of a U.S. Person or a person in
the United States;

 

21.      the
undersigned acknowledges and agrees that Pubco shall refuse to register any transfer of Pubco Shares not made in accordance with
the provisions of Regulation S, pursuant to registration under the U.S. Securities Act, or pursuant to an available exemption
from registration under the U.S. Securities Act;

 

    	- 30 -

    	 

    

 

22.      the
undersigned understands and agrees that the Pubco Shares will bear the following legend:

 

“THE
SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED
HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

 

NONE
OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING
THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON”
ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

23.      the
address of the undersigned included herein is the sole address of the undersigned as of the date of this certificate.

 

    	- 31 -

    	 

    

 

IN
WITNESS WHEREOF, I have executed this Certificate of Non-U.S. Shareholder.

 

	 	 	Date:
                             ,
    2013
	Signature	 		 	
	 	 	 	 	 
	 	 	 	 	 
	Print
    Name	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	Title
    (if applicable)	 	 	 	 

 

    	- 32 -

    	 

    

 

SCHEDULE
2B

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

CERTIFICATE
OF U.S. SHAREHOLDER

 

All
capitalized terms herein, unless otherwise defined, have the meanings ascribed thereto in the Share Exchange Agreement.

 

This
Questionnaire is for use by each Purchaser who is a US person (as that term is defined Regulation S of the United States Securities
Act of 1933 (the “1933 Act”)) and has indicated an interest in purchasing Shares of the Issuer. The purpose of this
Questionnaire is to assure the Issuer that each Purchaser will meet the standards imposed by the 1933 Act and the appropriate
exemptions of applicable state securities laws. The Issuer will rely on the information contained in this Questionnaire for the
purposes of such determination. The Securities will not be registered under the 1933 Act in reliance upon the exemption from registration
afforded by Section 3(b) and/or Section 4(2) and Regulation D of the 1933 Act. This Questionnaire is not an offer of the Securities
or any other securities of the Issuer in any state other than those specifically authorized by the Issuer.

 

All
information contained in this Questionnaire will be treated as confidential. However, by signing and returning this Questionnaire,
each Purchaser agrees that, if necessary, this Questionnaire may be presented to such parties as the Issuer deems appropriate
to establish the availability, under the 1933 Act or applicable state securities law, of exemption from registration in connection
with the sale of the Securities hereunder.

 

The
Purchaser covenants, represents and warrants to the Issuer that it satisfies one or more of the categories of “Accredited
Investors”, as defined by Regulation D promulgated under the 1933 Act, as indicated below: (Please initial in the space
provide those categories, if any, of an “Accredited Investor” which the Purchaser satisfies.)

 

 

	                             Category
    1	An
    organization described in Section 501(c)(3) of the United States Internal Revenue Code, a corporation, a Massachusetts or
    similar business trust or partnership, not formed for the specific purpose of acquiring the Securities, with total assets
    in excess of US $5,000,000.
	 	 	 	 
	                             Category
    2	A
    natural person whose individual net worth, or joint net worth with that person’s spouse, on the date of purchase exceeds
    US $1,000,000, exclusive of the investor’s primary residence.
	 	 	 	 
	                   
             Category 3	A
    natural person who had an individual income in excess of US $200,000 in each of the two most recent years or joint income
    with that person’s spouse in excess of US $300,000 in each of those years and has a reasonable expectation of reaching
    the same income level in the current year.
	 	 	 	 
	                          
      Category 4	A
    “bank” as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other institution
    as defined in Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary capacity; a broker dealer registered
    pursuant to Section 15 of the Securities Exchange Act of 1934 (United States); an insurance company as defined
    in Section 2(13) of the 1933 Act; an investment company registered under the Investment Company Act of 1940 (United
    States) or a business development company as defined in Section 2(a)(48) of such Act; a Small Business Investment Company
    licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act
    of 1958 (United States); a plan with total assets in excess of $5,000,000 established and maintained by a state, a political
    subdivision thereof, or an agency or instrumentality of a state or a political subdivision thereof, for the benefit of its
    employees; an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 (United
    States) whose investment decisions are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either
    a bank, savings and loan association, insurance company or registered investment adviser, or if the employee benefit plan
    has total assets in excess of $5,000,000, or, if a self-directed plan, whose investment decisions are made solely by persons
    that are accredited investors.

 

    	- 33 -

    	 

    

 

	                             
    Category 5	A
    private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940 (United
    States).
	 	 	 	 
	                     
            Category 6	A
    director or executive officer of the Issuer.
	 	 	 	 
	                             
    Category 7	A
    trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Securities, whose purchase
    is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the 1933 Act.
	 	 	 	 
	                             
    Category 8	An
                                                                                                          entity in which all
                                                                                                          of the equity owners
                                                                                                          satisfy the requirements
                                                                                                          of one or more of the
                                                                                                          foregoing categories.

 

Note
that prospective Purchaser claiming to satisfy one of the above categories of Accredited Investor may be required to supply the
Issuer with a balance sheet, prior years’ federal income tax returns or other appropriate documentation to verify and substantiate
the Purchaser’s status as an Accredited Investor.

 

If
the Purchaser is an entity which initialled Category 8 in reliance upon the Accredited Investor categories above, state the name,
address, total personal income from all sources for the previous calendar year, and the net worth (exclusive of home, home furnishings
and personal automobiles) for each equity owner of the said entity:

 

The
Purchaser hereby certifies that the information contained in this Questionnaire is complete and accurate and the Purchaser will
notify the Issuer promptly of any change in any such information. If this Questionnaire is being completed on behalf of a corporation,
partnership, trust or estate, the person executing on behalf of the Purchaser represents that it has the authority to execute
and deliver this Questionnaire on behalf of such entity.

 

    	- 34 -

    	 

    

 

IN
WITNESS WHEREOF, the undersigned has executed this Questionnaire as of the ___ day of _______________, 2013.

 

	If
    a Corporation, Partnership or Other Entity:	 	If
    an Individual:
	 	 	 
	 	 	 
	 	 	 
	Print
    of Type Name of Entity	 	Signature
	 	 	 
	 	 	 
	Signature
    of Authorized Signatory	 	Print
    or Type Name
	 	 	 
	 	 	 
	Type
    of Entity	 	 

 

    	- 35 -

    	 

    

 

SCHEDULE
2C

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

NATIONAL
INSTRUMENT 45-106 INVESTOR QUESTIONNAIRE

 

The
purpose of this Questionnaire is to assure Pubco that the Selling Shareholders will meet certain requirements for the registration
and prospectus exemptions provided for under National Instrument 45-106 (“NI 45-106”), in respect to the issuance
of the Pubco Shares pursuant to the Transaction. Pubco will rely on the information contained in this Questionnaire for the purposes
of such determination.

 

The
undersigned Selling Shareholder covenants, represents and warrants to Pubco that:

 

	1.		the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 is
                                                                                                                                                                                                                                 (check
                                                                                                                                                                                                                                 one
                                                                                                                                                                                                                                 or
                                                                                                                                                                                                                                 more
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 following
                                                                                                                                                                                                                                 boxes):

 

	(a)	 	a
    director, executive officer, employee or control person of Pubco or an affiliate of Pubco	[  ]
	 	 	 	 
	(b)	 	a spouse, parent,
    grandparent, brother, sister or child of a director, executive officer or control person of Pubco or an affiliate of Pubco	[  ]
	 	 	 	 
	(c)	 	a parent, grandparent,
    brother, sister or child of the spouse of a director, executive officer or control person of Pubco or an affiliate of Pubco	[  ]
	 	 	 	 
	(d)	 	a close personal
    friend of a director, executive officer or control person of Pubco or an affiliate of Pubco	[  ]
	 	 	 	 
	(e)	 	a close business
    associate of a director, executive officer or control person of Pubco or an affiliate of Pubco	[  ]
	 	 	 	 
	(f)	 	a founder of Pubco
    or a spouse, parent, grandparent, brother, sister, child, close personal friend or close business associate of a founder of
    Pubco	[  ]
	 	 	 	 
	(g)	 	a parent, grandparent,
    brother, sister or child of the spouse of a founder of Pubco	[  ]
	 	 	 	 
	(h)	 	a company, partnership
    or other entity which a majority of the voting securities are beneficially owned by, or a majority of the directors are, persons
    or companies as described in paragraphs (a) to (g) above	[  ]
	 	 	 	 
	(i)	 	purchasing the
    Pubco Shares as principal with an aggregate value of more than CDN$150,000	[  ]
	 	 	 	 
	(j)	 	an accredited
    investor	[  ]

     

    	- 36 -

    	 

    

 

	2.		if
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 has
                                                                                                                                                                                                                                 checked
                                                                                                                                                                                                                                 one
                                                                                                                                                                                                                                 or
                                                                                                                                                                                                                                 more
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 boxes
                                                                                                                                                                                                                                 b,
                                                                                                                                                                                                                                 c,
                                                                                                                                                                                                                                 d,
                                                                                                                                                                                                                                 e,
                                                                                                                                                                                                                                 f,
                                                                                                                                                                                                                                 g
                                                                                                                                                                                                                                 or
                                                                                                                                                                                                                                 h
                                                                                                                                                                                                                                 in
                                                                                                                                                                                                                                 section
                                                                                                                                                                                                                                 1
                                                                                                                                                                                                                                 above,
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 director(s),
                                                                                                                                                                                                                                 executive
                                                                                                                                                                                                                                 officer(s),
                                                                                                                                                                                                                                 control
                                                                                                                                                                                                                                 person(s)
                                                                                                                                                                                                                                 or
                                                                                                                                                                                                                                 founder(s)
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 Pubco
                                                                                                                                                                                                                                 with
                                                                                                                                                                                                                                 whom
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 has
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 relationship
                                                                                                                                                                                                                                 is:
	 	 	 
	 	 	 
	 	 	 
	 	 	 

   

			(Instructions
                                                                                                                                                                 to
                                                                                                                                                                 Selling
                                                                                                                                                                 Shareholder:
                                                                                                                                                                 fill
                                                                                                                                                                 in
                                                                                                                                                                 the
                                                                                                                                                                 name
                                                                                                                                                                 of
                                                                                                                                                                 each
                                                                                                                                                                 director,
                                                                                                                                                                 executive
                                                                                                                                                                 officer,
                                                                                                                                                                 founder
                                                                                                                                                                 and
                                                                                                                                                                 control
                                                                                                                                                                 person
                                                                                                                                                                 which
                                                                                                                                                                 you
                                                                                                                                                                 have
                                                                                                                                                                 the
                                                                                                                                                                 above-mentioned
                                                                                                                                                                 relationship
                                                                                                                                                                 with.
                                                                                                                                                                 If
                                                                                                                                                                 you
                                                                                                                                                                 have
                                                                                                                                                                 checked
                                                                                                                                                                 box
                                                                                                                                                                 h,
                                                                                                                                                                 also
                                                                                                                                                                 indicate
                                                                                                                                                                 which
                                                                                                                                                                 of
                                                                                                                                                                 a
                                                                                                                                                                 to
                                                                                                                                                                 g
                                                                                                                                                                 describes
                                                                                                                                                                 the
                                                                                                                                                                 securityholders
                                                                                                                                                                 or
                                                                                                                                                                 directors
                                                                                                                                                                 which
                                                                                                                                                                 qualify
                                                                                                                                                                 you
                                                                                                                                                                 as
                                                                                                                                                                 box
                                                                                                                                                                 h
                                                                                                                                                                 and
                                                                                                                                                                 provide
                                                                                                                                                                 the
                                                                                                                                                                 names
                                                                                                                                                                 of
                                                                                                                                                                 those
                                                                                                                                                                 individuals.
                                                                                                                                                                 Please
                                                                                                                                                                 attach
                                                                                                                                                                 a
                                                                                                                                                                 separate
                                                                                                                                                                 page
                                                                                                                                                                 if
                                                                                                                                                                 necessary).

  

	3.		If
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Subscriber
                                                                                                                                                                                                                                 has
                                                                                                                                                                                                                                 ticked
                                                                                                                                                                                                                                 box
                                                                                                                                                                                                                                 j
                                                                                                                                                                                                                                 in
                                                                                                                                                                                                                                 section
                                                                                                                                                                                                                                 1
                                                                                                                                                                                                                                 above,
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholders
                                                                                                                                                                                                                                 acknowledges
                                                                                                                                                                                                                                 and
                                                                                                                                                                                                                                 agrees
                                                                                                                                                                                                                                 that
                                                                                                                                                                                                                                 Pubco
                                                                                                                                                                                                                                 shall
                                                                                                                                                                                                                                 not
                                                                                                                                                                                                                                 consider
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder’s
                                                                                                                                                                                                                                 request
                                                                                                                                                                                                                                 for
                                                                                                                                                                                                                                 Pubco
                                                                                                                                                                                                                                 Shares
                                                                                                                                                                                                                                 for
                                                                                                                                                                                                                                 acceptance
                                                                                                                                                                                                                                 unless
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 undersigned
                                                                                                                                                                                                                                 provides
                                                                                                                                                                                                                                 to
                                                                                                                                                                                                                                 Pubco:

 

	(i)		the
                                                                                                                                                                                                                                  information
                                                                                                                                                                                                                                  required
                                                                                                                                                                                                                                  in
                                                                                                                                                                                                                                  sections
                                                                                                                                                                                                                                  4
                                                                                                                                                                                                                                  and
                                                                                                                                                                                                                                  5;
                                                                                                                                                                                                                                  and

 

	(ii)		such
                                                                                                                                                                                                                                   other
                                                                                                                                                                                                                                   supporting
                                                                                                                                                                                                                                   documentation
                                                                                                                                                                                                                                   that
                                                                                                                                                                                                                                   Pubco
                                                                                                                                                                                                                                   or
                                                                                                                                                                                                                                   its
                                                                                                                                                                                                                                   legal
                                                                                                                                                                                                                                   counsel
                                                                                                                                                                                                                                   may
                                                                                                                                                                                                                                   request
                                                                                                                                                                                                                                   to
                                                                                                                                                                                                                                   establish
                                                                                                                                                                                                                                   the
                                                                                                                                                                                                                                   Selling
                                                                                                                                                                                                                                   Shareholder’s
                                                                                                                                                                                                                                   qualification
                                                                                                                                                                                                                                   as
                                                                                                                                                                                                                                   an
                                                                                                                                                                                                                                   Accredited
                                                                                                                                                                                                                                   Investor;
	 	 	 

	4.		the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 has
                                                                                                                                                                                                                                 such
                                                                                                                                                                                                                                 knowledge
                                                                                                                                                                                                                                 and
                                                                                                                                                                                                                                 experience
                                                                                                                                                                                                                                 in
                                                                                                                                                                                                                                 financial
                                                                                                                                                                                                                                 and
                                                                                                                                                                                                                                 business
                                                                                                                                                                                                                                 matters
                                                                                                                                                                                                                                 as
                                                                                                                                                                                                                                 to
                                                                                                                                                                                                                                 be
                                                                                                                                                                                                                                 capable
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 evaluating
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 merits
                                                                                                                                                                                                                                 and
                                                                                                                                                                                                                                 risks
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Transaction
                                                                                                                                                                                                                                 and
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 is
                                                                                                                                                                                                                                 able
                                                                                                                                                                                                                                 to
                                                                                                                                                                                                                                 bear
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 economic
                                                                                                                                                                                                                                 risk
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 loss
                                                                                                                                                                                                                                 arising
                                                                                                                                                                                                                                 from
                                                                                                                                                                                                                                 such
                                                                                                                                                                                                                                 Transaction;
	 	 	 

	5.		the
                                                                                                                                                                                                                                 Selling
                                                                                                                                                                                                                                 Shareholder
                                                                                                                                                                                                                                 satisfies
                                                                                                                                                                                                                                 one
                                                                                                                                                                                                                                 or
                                                                                                                                                                                                                                 more
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 categories
                                                                                                                                                                                                                                 of
                                                                                                                                                                                                                                 “accredited
                                                                                                                                                                                                                                 investor”
                                                                                                                                                                                                                                 (as
                                                                                                                                                                                                                                 that
                                                                                                                                                                                                                                 term
                                                                                                                                                                                                                                 is
                                                                                                                                                                                                                                 defined
                                                                                                                                                                                                                                 in
                                                                                                                                                                                                                                 NI
                                                                                                                                                                                                                                 45-106)
                                                                                                                                                                                                                                 indicated
                                                                                                                                                                                                                                 below
                                                                                                                                                                                                                                 (please
                                                                                                                                                                                                                                 check
                                                                                                                                                                                                                                 the
                                                                                                                                                                                                                                 appropriate
                                                                                                                                                                                                                                 box):
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             individual
                                                                                                                                                                                                                                             who,
                                                                                                                                                                                                                                             either
                                                                                                                                                                                                                                             alone
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             with
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             spouse,
                                                                                                                                                                                                                                             beneficially
                                                                                                                                                                                                                                             owns,
                                                                                                                                                                                                                                             directly
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             indirectly,
                                                                                                                                                                                                                                             financial
                                                                                                                                                                                                                                             assets
                                                                                                                                                                                                                                             (as
                                                                                                                                                                                                                                             defined
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             NI
                                                                                                                                                                                                                                             45-106)
                                                                                                                                                                                                                                             having
                                                                                                                                                                                                                                             an
                                                                                                                                                                                                                                             aggregate
                                                                                                                                                                                                                                             realizable
                                                                                                                                                                                                                                             value
                                                                                                                                                                                                                                             that,
                                                                                                                                                                                                                                             before
                                                                                                                                                                                                                                             taxes,
                                                                                                                                                                                                                                             but
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             any
                                                                                                                                                                                                                                             related
                                                                                                                                                                                                                                             liabilities,
                                                                                                                                                                                                                                             exceeds
                                                                                                                                                                                                                                             CDN$1,000,000;
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             individual
                                                                                                                                                                                                                                             whose
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             income
                                                                                                                                                                                                                                             before
                                                                                                                                                                                                                                             taxes
                                                                                                                                                                                                                                             exceeded
                                                                                                                                                                                                                                             CDN$200,000
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             each
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             two
                                                                                                                                                                                                                                             most
                                                                                                                                                                                                                                             recent
                                                                                                                                                                                                                                             calendar
                                                                                                                                                                                                                                             years
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             whose
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             income
                                                                                                                                                                                                                                             before
                                                                                                                                                                                                                                             taxes
                                                                                                                                                                                                                                             combined
                                                                                                                                                                                                                                             with
                                                                                                                                                                                                                                             that
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             spouse
                                                                                                                                                                                                                                             exceeded
                                                                                                                                                                                                                                             CDN$300,000
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             each
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             those
                                                                                                                                                                                                                                             years
                                                                                                                                                                                                                                             and
                                                                                                                                                                                                                                             who,
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             either
                                                                                                                                                                                                                                             case,
                                                                                                                                                                                                                                             reasonably
                                                                                                                                                                                                                                             expects
                                                                                                                                                                                                                                             to
                                                                                                                                                                                                                                             exceed
                                                                                                                                                                                                                                             that
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             income
                                                                                                                                                                                                                                             level
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             current
                                                                                                                                                                                                                                             calendar
                                                                                                                                                                                                                                             year;
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             individual
                                                                                                                                                                                                                                             who,
                                                                                                                                                                                                                                             either
                                                                                                                                                                                                                                             alone
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             with
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             spouse,
                                                                                                                                                                                                                                             has
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             assets
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             at
                                                                                                                                                                                                                                             least
                                                                                                                                                                                                                                             CDN$5,000,000;
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             entity,
                                                                                                                                                                                                                                             other
                                                                                                                                                                                                                                             than
                                                                                                                                                                                                                                             an
                                                                                                                                                                                                                                             individual
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             investment
                                                                                                                                                                                                                                             fund,
                                                                                                                                                                                                                                             that
                                                                                                                                                                                                                                             has
                                                                                                                                                                                                                                             net
                                                                                                                                                                                                                                             assets
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             at
                                                                                                                                                                                                                                             least
                                                                                                                                                                                                                                             CDN$5,000,000
                                                                                                                                                                                                                                             as
                                                                                                                                                                                                                                             shown
                                                                                                                                                                                                                                             on
                                                                                                                                                                                                                                             its
                                                                                                                                                                                                                                             most
                                                                                                                                                                                                                                             recently
                                                                                                                                                                                                                                             prepared
                                                                                                                                                                                                                                             financial
                                                                                                                                                                                                                                             statements;
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             entity
                                                                                                                                                                                                                                             registered
                                                                                                                                                                                                                                             under
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             securities
                                                                                                                                                                                                                                             legislation
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             jurisdiction
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             Canada
                                                                                                                                                                                                                                             as
                                                                                                                                                                                                                                             an
                                                                                                                                                                                                                                             advisor
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             dealer,
                                                                                                                                                                                                                                             other
                                                                                                                                                                                                                                             than
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             person
                                                                                                                                                                                                                                             registered
                                                                                                                                                                                                                                             solely
                                                                                                                                                                                                                                             as
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             limited
                                                                                                                                                                                                                                             market
                                                                                                                                                                                                                                             dealer
                                                                                                                                                                                                                                             under
                                                                                                                                                                                                                                             one
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             both
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             Securities
                                                                                                                                                                                                                                             Act
                                                                                                                                                                                                                                             (British
                                                                                                                                                                                                                                             Columbia)
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             Securities
                                                                                                                                                                                                                                             Act
                                                                                                                                                                                                                                             (Newfoundland
                                                                                                                                                                                                                                             and
                                                                                                                                                                                                                                             Labrador),
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             any
                                                                                                                                                                                                                                             entity
                                                                                                                                                                                                                                             organized
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             a
                                                                                                                                                                                                                                             foreign
                                                                                                                                                                                                                                             jurisdiction
                                                                                                                                                                                                                                             that
                                                                                                                                                                                                                                             is
                                                                                                                                                                                                                                             analogous
                                                                                                                                                                                                                                             to
                                                                                                                                                                                                                                             any
                                                                                                                                                                                                                                             such
                                                                                                                                                                                                                                             person
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             entity;
                                                                                                                                                                                                                                             or
	 	 	 

	[  ]		an
                                                                                                                                                                                                                                             entity
                                                                                                                                                                                                                                             in
                                                                                                                                                                                                                                             respect
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             which
                                                                                                                                                                                                                                             all
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             owners
                                                                                                                                                                                                                                             of
                                                                                                                                                                                                                                             interests,
                                                                                                                                                                                                                                             direct,
                                                                                                                                                                                                                                             indirect
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             beneficial,
                                                                                                                                                                                                                                             except
                                                                                                                                                                                                                                             the
                                                                                                                                                                                                                                             voting
                                                                                                                                                                                                                                             securities
                                                                                                                                                                                                                                             required
                                                                                                                                                                                                                                             by
                                                                                                                                                                                                                                             law
                                                                                                                                                                                                                                             to
                                                                                                                                                                                                                                             be
                                                                                                                                                                                                                                             owned
                                                                                                                                                                                                                                             by
                                                                                                                                                                                                                                             directors,
                                                                                                                                                                                                                                             are
                                                                                                                                                                                                                                             persons
                                                                                                                                                                                                                                             or
                                                                                                                                                                                                                                             companies
                                                                                                                                                                                                                                             that
                                                                                                                                                                                                                                             are
                                                                                                                                                                                                                                             accredited
                                                                                                                                                                                                                                             investors.

  

The
Selling Shareholder acknowledges and agrees that the Selling Shareholders may be required by Pubco to provide such additional
documentation as may be reasonably required by Pubco and its legal counsel in determining the Selling Shareholder’s eligibility
to acquire the Pubco Shares under relevant securities legislation.

 

    	- 37 -

    	 

    

 

IN
WITNESS WHEREOF, the undersigned has executed this Questionnaire as of __________________________, 2013.

 

	 	 
	Signature	 
	 	 
	 	 
	Print Name	 
	 	 
	 	 
	Title (if applicable)	 

 

    	- 38 -

    	 

    

 

SCHEDULE
3

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

DIRECTORS
AND OFFICERS OF PRIVECO

 

Directors

 

Matthew
Hamilton

Mark
Bloom

Jeorg
Kleinboeck

Andrew
McCarthy

 

Officers

 Matthew
Hamilton – President and CEO

Natasha
Tsai - CFO

Charles
Supapodok – VP Finance

 

    	- 39 -

    	 

    

 

SCHEDULE
4

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE 

SELLING SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

DIRECTORS
AND OFFICERS OF PUBCO

 

Directors:

 

Neil
Kleinman 

Jared
Robinson

 

Officers:

 

Neil
Kleinman, CEO, President, Treasurer, Secretary

 

Jared
Robinson, CFO

 

    	- 40 -

    	 

    

  

SCHEDULE
5

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

PRIVECO
INTELLECTUAL PROPERTY

 

1.

 

2.

 

3.

 

4.

 

5.

 

    	- 41 -

    	 

    

 

SCHEDULE
6

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

PRIVECO
MATERIAL CONTRACTS

 

1.
Option Agreement for La Palma Concessions

 

    	- 42 -

    	 

    

 

SCHEDULE
7

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

LIST
OF PRIVECO WARRANTHOLDERS CANCELLING WARRANTS

 

	Matthew
    Hamilton	 	 	800,000	 
	 	 	 	 	 
	Mark
    Bloom	 	 	1,600,000	 
	 	 	 	 	 
	David
    Greenway	 	 	1,400,000	 
	 	 	 	 	 
	Steve
    Elloway	 	 	1,400,000	 

 

    	- 43 -

    	 

    

 

SCHEDULE
8

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

FORM
OF WARRANT CANCELLATION AGREEMENT

 

This
letter agreement shall set forth an agreement to terminate a warrant to acquire ___________ shares of the common stock of Arriba
Resources Inc., at $______ per share granted to you on _______________ (the “Warrant”). The cancellation of the Warrant
is a required condition to closing the proposed share exchange agreement with Silverstar Mining Corp.

 

	1.		The
                                                                                                                                                                                                                                                                    Termination

 

It
is agreed that the Warrant shall be terminated with no further consequences to either our company or you and the entry into the
share exchange transaction is sufficient consideration for the cancellation of the Warrant by you.

 

	2.		Binding
                                                                                                                                                                                                                                                                    Nature

 

This
LETTER Agreement is intended by the Parties to constitute an offer and acceptance of all provisions hereof and shall be fully
binding upon the Parties upon execution of this LETTER Agreement.

 

	3.		Acceptance
                                                                                                                                                                                                                                                                    BY
                                                                                                                                                                                                                                                                    Fax
                                                                                                                                                                                                                                                                    or
                                                                                                                                                                                                                                                                    Email

 

The
delivery of this signature page by facsimile or PDF transmission shall constitute effective execution and delivery of this
Letter Agreement as to the Parties hereto and may be used in lieu of the original Letter Agreement for all purposes.

 

Agreed and
accepted this ____ day of                              ,
2013.

  

	 	 	 
	NAME	 	 

 

    	- 44 -

    	 

    

 

SCHEDULE
9

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

LIST
OF WARRANTHOLDERS EXCHANGING PRIVECO WARRANTS FOR PUBCO WARRANTS

 

	Name
    of Warrantholder	 	Priveco
    Warrants	 	Pubco
    

    Warrants	 
	 	 	 	 	 	 
	Erica
    Gregan	 	125,000	 	25,000	 
	Josephine
    Gregan	 	125,000	 	25,000	 
	Steven
    Koppe	 	125,000	 	25,000	 
	Dominic
    Goh	 	125,000	 	25,000	 
	Edelweiss
    Group Holdings Limited	 	500,000	 	100,000	 
	Sam
    Coatham	 	50,000	 	10,000	 
	Hirokado
    Kohji	 	150,000	 	30,000	 
	Fox
    Explorations Ltd.	 	75,000	 	15,000	 
	Shawn
    Gibson	 	250,000	 	50,000	 
	John
    Percival	 	75,000	 	15,000	 
	Christie
    Pier	 	100,000	 	20,000	 
	Mark
    Bloom  	 	250,000	 	50,000	 
	Neil
    Linder	 	100,000	 	20,000	 

 

    	- 45 -

    	 

    

 

SCHEDULE
10

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

LIST
OF WARRANTHOLDERS RECEVING NEW PUBCO WARRANTS

 

	Name
    of Warrantholder	 	Number
    of Warrants
	Xavier
    Ducros 	 	40,000
	Benoit
    Chevalier	 	40,000
	Stephanie
    Bradshaw	 	40,000
	Jarl
    Smidt-Olsen	 	80,000
	Gonet
    & Cie	 	80,000
	Mexican
    Resources Ltd.	 	1,319,852

 

    	- 46 -

    	 

    

 

SCHEDULE
11

TO
THE SHARE EXCHANGE AGREEMENT

AMONG SILVERSTAR MINING CORP., ARRIBA RESOURCES INC. AND THE SELLING 

SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

LOCK-UP
AGREEMENT

 

Re:
Lock-up of shares held in Pubco, a Nevada corporation (the “Company”) by {Name of Shareholder} (the “Shareholder”)

 

The
undersigned Shareholder of {number of shares} shares of common stock of the Company, irrevocably agrees with the Company
that, from the date hereof until one year from the closing (the “Closing”) of the Company’s acquisition of Priveco
with the S.E.A. (such period, the “Restriction Period”), the Shareholder will not except in accordance with
the terms here, offer, sell, contract to sell, hypothecate, pledge or otherwise dispose of (or enter into any transaction which
is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic
disposition due to cash settlement or otherwise) by the Shareholder or any Affiliate of the Shareholder or any person in privity
with the Shareholder or any Affiliate of the Shareholder, directly or indirectly, in respect of, or establish or increase a put
equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the United States
Securities Exchange Act of 1934 (each, a “Transfer”) with respect to, any shares of Common Stock or
securities convertible or exchange into shares of Common Stock beneficially owned, held or hereafter acquired by the Shareholder
(the “Securities”) in the capital of the Company. Beneficial ownership
shall be calculated in accordance with Section 13(d) of the Exchange Act. In order to enforce this covenant, the Company shall
have the right impose irrevocable stop-transfer instructions preventing the Company’s transfer agent from effecting any
actions in violation of this Letter Agreement.

 

Notwithstanding
the foregoing, the Shareholder shall be permitted to make the following Transfers of the shares of the Company’s Common
Stock held by the Shareholder during the Restriction Period expressly in accordance with the following (collectively, “Permitted
Transfers”).

 

For
the purposes of this letter agreement, “Permitted Transfer” means, with respect to any person, (i) a Transfer
of securities convertible or exchangeable into shares Common Stock to an immediate family member or Affiliate of such person,
(ii) if such Person is a limited or general partnership, a Transfer of securities convertible or exchangeable into shares Common
Stock to its partners in connection with a distribution of securities held by such person to its partners or (iii) a Transfer
of securities convertible or exchangeable into shares Common Stock with the prior written consent of the Company in a private
transaction exempt from the registration requirements of the Securities Act of 1933, as amended; provided, that each such
receiving party to a Permitted Transfer in clauses (i) through (iii), prior to any such Transfer, executes and delivers the Company
a letter agreement agreeing to be bound in the same manner as the signatory hereto as to the transferred securities.

 

The
Shareholder acknowledges that the execution, delivery and performance of this Letter Agreement is a material condition to the
Company’s ability to obtain further financing and the Company shall be entitled to specific performance of the Shareholder’s
obligations hereunder. The Shareholder hereby represents that the Shareholder has the power and authority to execute, deliver
and perform this Letter Agreement, that the Shareholder has received adequate consideration therefore and that the Shareholder
will indirectly benefit from the Company’s ability to obtain any such additional financing.

 

The
Shareholder acknowledges that they have read this document and fully understand the terms of this Letter Agreement, and acknowledge
that this Letter Agreement has been executed voluntarily after either receiving independent legal advice, or having been advised
to obtain independent legal advice and having elected not to do so.

 

    	- 47 -

    	 

    

 

This
Letter Agreement may not be amended or otherwise modified in any respect without the written consent of each of the Company, and
the Shareholder. This Letter Agreement shall be construed and enforced in accordance with the laws of the State of Nevada without
regard to the principles of conflict of laws. The Shareholder hereby irrevocably submits to the exclusive
jurisdiction of the State of Nevada, for the purposes of any suit, action or proceeding arising out of or relating to this Letter
Agreement, and hereby waives, and agrees not to assert in any such suit, action or proceeding, any claim that (i) it is not personally
subject to the jurisdiction of such court, (ii) the suit, action or proceeding is brought in an inconvenient forum, or (iii) the
venue of the suit, action or proceeding is improper. Nothing contained herein shall be deemed to limit in any way any right
to serve process in any manner permitted by law.

 

This
Agreement shall be binding on successors and assigns of the Shareholder with respect to the Securities and any such successor
or assign shall enter into a similar agreement for the benefit of the Company.

 

***
SIGNATURE PAGE FOLLOWS***

 

    	- 48 -

    	 

    

 

This
Agreement may be executed in two or more counterparts, all of which when taken together may be considered one and the same agreement.

 

By
signing below, the Company agrees to enforce the restrictions on transfer set forth in this Letter Agreement.

 

SILVERSTAR
MINING CORP.

  

	Per:	

/s/ Neil
Kleinman

	 	Per:	/s/
    Jared Robinson
	 	Authorized
    Signatory	 	 	Authorized
    Signatory
	Name:	Neil
    Kleinman	 	Name:	Jared
    Robinson
	Title:	President
    and Director	 	Title:	Chief
    Financial Officer and Director

 

IN
WITNESS WHEREOF, the undersigned has executed this Lock-Up Agreement as of the ___ day of _______________, 2013.

  

	If
    a Corporation, Partnership or Other Entity:	 	If
    an Individual:
	 	 	 
	 	 	 
	 	 	 
	Name of Entity	 	Signature
	 	 	 
	 	 	 
	 	 	 
	Signature of Authorized
    Signatory	 	Name
	 	 	 
	 	 	 
	 	 	 
	Type of Entity

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