Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 INCREMENTAL
AMENDMENT TO CREDIT AGREEMENT 
 INCREMENTAL AMENDMENT (this “Agreement”), dated as of June 15, 2022, among
INSULET CORPORATION, a Delaware corporation (the “Borrower”), the Guarantor party hereto, the Lenders party hereto, each L/C Issuer and Swingline Lender party hereto and Morgan Stanley Senior Funding, Inc., as administrative agent
for the Lenders (in such capacity, the “Administrative Agent”), to the Credit Agreement, dated as of May 4, 2021 (as amended, amended and restated, extended, supplemented or otherwise modified from time to time prior to
the date hereof, the “Credit Agreement”; the Credit Agreement after giving effect to this Amendment, the “Amended Credit Agreement”), among the Borrower, the Lenders and other parties from time to time party thereto
and Morgan Stanley Senior Funding, Inc. as Administrative Agent and Collateral Agent. 
 RECITALS: 

WHEREAS, pursuant to Section 2.14 of the Credit Agreement, the Borrower wishes to obtain a Revolving Credit
Commitment Increase, and the 2022 Incremental Revolving Lender (as defined below) has agreed to provide a Revolving Credit Commitment Increase, in an aggregate principal amount of $10,000,000 (the “2022 Incremental Revolving
Commitment” and the loans made thereunder, the “2022 Incremental Revolving Loans”) on and subject to the terms set forth in this Agreement. 

WHEREAS, The Bank of Nova Scotia (the “2022 Incremental Revolving Lender”) is willing to provide the 2022 Incremental
Revolving Commitment on the 2022 Incremental Amendment Closing Date (as defined below). 
 WHEREAS, as of the 2022 Incremental Amendment
Closing Date, no Revolving Credit Loans are outstanding under the Credit Agreement. 
 WHEREAS, pursuant to Sections 2.14(e) and
10.01 of the Credit Agreement, the Credit Agreement may be amended to give effect to the provisions of Section 2.14 of the Credit Agreement through an Incremental Facility Amendment executed by the Borrower, the
Administrative Agent, the L/C Issuer, the Swingline Lender and the 2022 Incremental Revolving Lender providing the 2022 Incremental Revolving Commitment. 

NOW THEREFORE, the parties hereto hereby agree as follows: 

SECTION 1. Defined Terms. Unless otherwise specifically defined herein, each
term used herein that is defined in the Amended Credit Agreement has the meaning assigned to such term in the Amended Credit Agreement. 

SECTION 2. Initial Amendments to Credit Agreement. Pursuant to clause (ii) of the first
sentence of the second paragraph of Section 10.01 of the Credit Agreement, the Borrower and the Administrative Agent hereby agree that, effective as of the date hereof, immediately prior to the occurrence of the 2022
Incremental Amendment Closing Date, Section 7.03(b) of the Credit Agreement is hereby amended to add the words “(x) (i) Indebtedness of the Loan Parties created under the Loan Documents (including pursuant to
Sections 2.14 and 2.15 hereof) and (ii) Refinancing Indebtedness in respect thereof and (y) ”. 

SECTION 3. 2022 Incremental Revolving Commitment. 

(a) Upon the occurrence of the 2022 Incremental Amendment Closing Date, (i) the 2022 Incremental Revolving Lender shall
have the 2022 Incremental Revolving Commitment in an amount equal to the amount set forth next to such 2022 Incremental Revolving Lender’s name in Schedule 1 hereto, (ii) the 

 
Aggregate Revolving Credit Commitments shall be $70,000,000 and (iii) Schedule 2.01 to the Credit Agreement shall be amended and restated in its entirety, and each Lender’s Revolving
Credit Commitment shall be, as set forth on Schedule 2 hereto. 
 (b) The terms and conditions of the 2022 Incremental
Revolving Commitments and any 2022 Incremental Revolving Loans shall be identical to the terms and conditions of the Revolving Credit Commitments and any Revolving Credit Loans outstanding immediately prior to the 2022 Incremental Amendment Closing
Date, respectively (except with respect to upfront or similar fees paid to the 2022 Incremental Revolving Lender pursuant to the terms hereof). The 2022 Incremental Revolving Commitments shall constitute the same Class of Commitments as the
Revolving Credit Commitments outstanding immediately prior to the 2022 Incremental Amendment Closing Date. The 2022 Incremental Revolving Loans shall constitute the same Class of Loans as any Revolving Credit Loans made in respect of the
Revolving Credit Commitments outstanding immediately prior to the 2022 Incremental Amendment Closing Date. 
 (c) Upon the
occurrence of the 2022 Incremental Amendment Closing Date, the Revolving Credit Lenders under the Credit Amendment immediately prior to the effectiveness of the 2022 Incremental Revolving Commitments (each an “Existing Revolving
Lender”) automatically and without further act are hereby deemed to have assigned to the 2022 Incremental Revolving Lender, and the 2022 Incremental Revolving Lender automatically and without further act is hereby deemed to have assumed, a
portion of each Existing Revolving Lender’s participations in outstanding Letters of Credit such that, after giving effect to each such deemed assignment and assumption of participations, the percentage of the aggregate outstanding
participations in Letters of Credit held by each Revolving Credit Lender (including the 2022 Incremental Revolving Lender) equals the percentage of the aggregate Revolving Credit Commitments of all Revolving Credit Lenders (including the 2022
Incremental Revolving Lender) represented by such Revolving Credit Lender’s Revolving Credit Commitment after giving effect to the 2022 Incremental Revolving Commitments. 

(d) Upon the occurrence of the 2022 Incremental Amendment Closing Date, (i) the 2022 Incremental Revolving Lender shall be
a “Lender”, an “Incremental Revolving Increase Lender,” and a “Revolving Credit Lender” for all purposes of the Amended Credit Agreement and the other Loan Documents, (ii) the 2022 Incremental Revolving Commitment
shall constitute a “Revolving Credit Commitment” for all purposes of the Amended Credit Agreement and the other Loan Documents and (iii) the 2022 Incremental Revolving Loans shall constitute “Revolving Credit Loans” for all
purposes of the Amended Credit Agreement and the other Loan Documents. 
 (e) The 2022 Incremental Revolving Lender: 

 

	 	(i)	 confirms that it received a copy of this Agreement, the Credit Agreement and such other documents and
information it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement and to provide its 2022 Incremental Revolving Commitment hereunder and make the 2022 Incremental Revolving Loans with respect thereto on
the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any Lender; 

  

	 	(ii)	 confirms that it is sophisticated with respect to decisions to make loans similar to those contemplated to be
made hereunder and that it is experienced in making loans of such type; 

  

	 	(iii)	 appoints, authorizes and instructs the Administrative Agent to execute, enter into, and perform under this
Amendment and to take such other action as agent on its behalf and to exercise such powers under the Amended Credit Agreement and the other Loan Documents or any other instrument or document furnished pursuant hereto or thereto as are delegated to
the Administrative Agent, by the terms thereof, together with such powers as are reasonably incidental thereto; and 

  
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	 	(iv)	 acknowledges and agrees that it shall be a “Secured Party”, “Revolving Credit Lender” and
“Lender” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, shall be subject to and bound by the term thereof and shall perform all the obligations of and have all the rights of a Lender.

 (f) Each L/C Issuer and each Swingline Lender hereby approves of the 2022 Incremental Revolving Lender
providing Incremental Revolving Credit Commitments and the L/C Issuer consents to act as such in respect of the 2022 Incremental Revolving Commitments. 

(g) As used in any other Loan Document, all references to the “Credit Agreement” or the “Amended Credit
Agreement” in such Loan Document shall, unless the context otherwise requires, mean or refer to the Amended Credit Agreement. 

SECTION 4. Representations of the Borrower. Each of the Borrower and the Guarantor
hereby represents and warrants to the Administrative Agent, the 2022 Incremental Revolving Lender, the L/C Issuer and Swingline Lender that on the 2022 Incremental Amendment Closing Date: 

(a)    no Default or Event of Default has occurred and is continuing immediately prior to or immediately
after the incurrence of the 2022 Incremental Revolving Commitment; and 
 (b)    the representations and
warranties of the Borrower and each other Loan Party contained in Article V of the Amended Credit Agreement or any other Loan Document are true and correct in all material respects on and as of the 2022 Incremental Amendment Closing
Date; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they are true and correct in all material respects as of such earlier date; provided, further that any
representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification therein) in all respects on such respective dates.

 SECTION 5. Conditions to Effectiveness of this Agreement and the 2022 Incremental Amendment
Closing Date. This Agreement shall become effective upon the execution of this Amendment by the Administrative Agent and the Borrower and the “2022 Incremental Amendment Closing Date” shall occur on the first date when each of the
other conditions set forth below shall have been satisfied (the date of satisfaction of such conditions, the “2022 Incremental Amendment Closing Date”): 

(a)    The Administrative Agent shall have received from the Borrower, the Guarantor, the 2022 Incremental
Revolving Lender, the Administrative Agent, the L/C Issuer and the Swingline Lender an executed counterpart hereof or other written confirmation (in form satisfactory to the Administrative Agent) that such party has signed a counterpart hereof; 

(b)    The Administrative Agent shall have received, at least three business days prior to the 2022
Incremental Amendment Closing Date, all documentation and other information related to the Borrower and the Guarantor required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations
including, without limitation, the Patriot Act, in each case to the extent requested by the Administrative Agent from the Borrower in writing at least 10 Business Days prior to the 2022 Incremental Amendment Closing Date; 

(c)    All fees due to the 2022 Incremental Revolving Lender on the 2022 Incremental Amendment Closing Date
pursuant to that certain Fee Letter, dated as of June 15, 2022 between the Borrower and the 2022 Incremental Revolving Lender and pertaining to the 2022 Incremental Revolving Commitment made hereunder, shall have been paid; 

(d)    The representations and warranties of the Borrower and each other Loan Party contained in Article
V of the Amended Credit Agreement or any other Loan Document shall be true and correct in all material respects on and as of the 2022 Incremental Amendment Closing Date; provided that, to the extent that such representations and
warranties specifically refer to an earlier date, they shall be true and correct in all material respects as of such earlier date; provided, further that any representation and warranty that is qualified as to “materiality,”
“Material Adverse Effect” or similar language shall be true and correct (after giving effect to any qualification therein) in all respects on such respective dates; 

  
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 (e)    No Default or Event of Default shall have
occurred and be continuing immediately prior to or immediately after the incurrence of the 2022 Incremental Revolving Commitment; 

(f)    The Administrative Agent shall have received a certificate, duly executed by an officer of the
Borrower, certifying as to the satisfaction of the conditions referred to in Sections 5(d) and 5(e) above; 

(g)    The Administrative Agent shall have received opinions from (i) Wachtell, Lipton,
Rosen & Katz in its capacity as counsel to the Loan Parties, (ii) Morris, Nichols, Arsht & Tunnell LLP, in its capacity as Delaware counsel to the Loan Parties and (iii) Seder & Chandler, LLP, in its capacity as
Massachusetts counsel to the Loan Parties, in each case addressed to the Administrative Agent, the L/C Issuer, the Swingline Lender and the 2022 Incremental Revolving Lender; 

(h)    The Administrative Agent shall have received such certificates, resolutions or other documents of
the Loan Parties as the Administrative Agent may reasonably require in connection herewith, including all documents and certificates it may reasonably request relating to (i) the organization, existence and good standing of the Loan Parties,
(ii) the corporate or other authority of the Loan Parties to execute this Agreement and (iii) the incumbency of the officers of each of the Loan Parties executing this Agreement, and other matters relevant hereto, all in form and substance
reasonably satisfactory to the Administrative Agent; 
 (i)    The Administrative Agent shall have
received a certificate attesting to the Solvency of the Borrower and its Subsidiaries (on a consolidated basis) on the 2022 Incremental Amendment Closing Date from the Borrower’s chief financial officer, treasurer or other officer with
equivalent duties; and 
 (j)    The Borrower shall have paid to the Administrative Agent all reasonable
and documented out-of-pocket costs and expenses of the Administrative Agent incurred in connection with this Agreement, any other documents prepared in connection
herewith and the transactions contemplated hereby (including, without limitation, the reasonable fees, charges and disbursements of Davis Polk & Wardwell LLP, counsel for the Administrative Agent). 

SECTION 6. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the law of the State of New York. 
 SECTION 7. Confirmation of Guarantees and
Security Interests. By signing this Agreement, each of the Borrower and the Guarantor hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the
2022 Incremental Revolving Commitment contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Collateral
Documents and the other Loan Documents, (ii) constitute “Obligations” as such term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the
terms hereof, the Collateral Documents and the other Loan Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) the 2022 Incremental Revolving Lender shall be a
“Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the
Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force
and effect, are not released or reduced, and continue to secure full payment and performance of the Obligations as increased hereby, subject to Section 6.10(a) of the Credit Agreement. 

SECTION 8. Credit Agreement Governs. Except as expressly set forth herein, this Agreement
shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of any Lender or the Administrative Agent under the Credit Agreement or any other Loan Document, and shall not alter, modify,
amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and
effect. Nothing herein shall be deemed to entitle 

  
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any Loan Party to a future consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Loan Document in similar or different circumstances. 
 SECTION 9.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery of an executed counterpart to this Agreement by
facsimile transmission (or other electronic transmission pursuant to procedures approved by the Administrative Agent) shall be as effective as delivery of a manually signed original. The words “delivery,” “execute,”
“execution,” “signed,” “signature,” and words of like import in any Loan Document or any other document executed in connection herewith shall be deemed to include electronic signatures, the electronic matching of
assignment terms and contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed
signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the
New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

SECTION 10. Miscellaneous. This Agreement shall constitute an “Incremental Facility
Amendment” and a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. The provisions of this Agreement are deemed incorporated into the Credit Agreement as if fully set forth therein. 

[Remainder of page intentionally left blank] 

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

			
	BORROWER:
	
	INSULET CORPORATION
		
	By:	 	 /s/ Wayde D. McMillan

		 	Name: Wayde D. McMillan
		 	Title:   Executive Vice President, Chief Financial Officer and Treasurer

  
 [Signature Page
– Incremental Amendment to Credit Agreement] 

							
		 	GUARANTOR:
		
		 	INSULET MA SECURITIES CORPORATION
				
		 		  	By:	  	 /s/ Wayde D. McMillan

		 		  		  	Name:  Wayde D. McMillan
	 	 	 	  	 	  	Title:    President

  
 [Signature Page
– Incremental Amendment to Credit Agreement] 

 
			
	MORGAN STANLEY SENIOR FUNDING, INC.,
as Administrative Agent, Swingline Lender and L/C Issuer
		
	By:	 	 /s/ Lisa Hanson

	 	 	Name: Lisa Hanson
	 	 	Title:   Authorized Signatory

  
 [Signature Page
– Incremental Amendment to Credit Agreement] 

 
			
	THE BANK OF NOVA SCOTIA, 
as the 2022 Incremental Revolving Lender
		
	By:	 	 /s/ Arjun Talwalker

	 	 	Name: Arjun Talwalker
	 	 	Title:   Director

  
 [Signature Page
– Incremental Amendment to Credit Agreement] 

 Schedule 1 
  

					
	 2022 Incremental Revolving Lender
	  	2022 Incremental Revolving
Commitment	 
	 The Bank of Nova Scotia
	  	$	10,000,000	 
		  	  
	  
	 
	 TOTAL
	  	$	10,000,000	 
		  	  
	  
	 

 Schedule 2 

Schedule 2.01 

Commitments 
  

									
	 Term B Lender
	  	Term B
Commitment
Percentage	 	 	Term B
Commitment	 
	 Morgan Stanley Bank N.A.
	  	 	100	% 	 	$	500,000,000	 
		  	  
	  
	 	 	  
	  
	 
	 TOTAL
	  	 	100	% 	 	$	500,000,000	 
		  	  
	  
	 	 	  
	  
	 

  

									
	 Revolving Credit Lender
	  	Revolving
Credit
Commitment
Percentage	 	 	Revolving
Credit
Commitment	 
	 Morgan Stanley Senior Funding, Inc.
	  	 	57.14	% 	 	$	40,000,000	 
	 Citibank, N.A.
	  	 	28.57	% 	 	$	20,000,000	 
	 The Bank of Nova Scotia
	  	 	14.29	% 	 	$	10,000,000	 
		  	  
	  
	 	 	  
	  
	 
	 TOTAL
	  	 	100	% 	 	$	70,000,000	 
		  	  
	  
	 	 	  
	  
	 

  

									
	 L/C Issuer
	  	L/C
Commitment
Percentage	 	 	Letter of
Credit
Commitments	 
	 Morgan Stanley Senior Funding, Inc.
	  	 	100	% 	 	$	10,000,000	 
		  	  
	  
	 	 	  
	  
	 
	 TOTAL
	  	 	100	% 	 	$	10,000,000	 
		  	  
	  
	 	 	  
	  
	 

  

									
	 Swingline Lender
	  	Swingline
Commitment
Percentage	 	 	Swingline
Commitment	 
	 Morgan Stanley Senior Funding, Inc.
	  	 	100	% 	 	$	30,000,000	 
		  	  
	  
	 	 	  
	  
	 
	 TOTAL
	  	 	100	% 	 	$	30,000,000Exhibit
10.1

 

SECURITIES
PURCHASE AGREEMENT

 

This
SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of November 12, 2021, by and between QUANTA, INC.,
a Nevada corporation, with its address at 632 S. Glenwood Place, Burbank, CA 91505 (the “Company”), and TRILLIUM PARTNERS
L.P., a Delaware limited partnership, with its address at Executive Pavilion 90 Grove Street, Ridgefield CT 06877 (the “Buyer”).

 

WHEREAS:

 

A.
The Company and the Buyer are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded
by the rules and regulations as promulgated by the United States Securities and Exchange Commission (the “SEC”) under the
Securities Act of 1933, as amended (the “1933 Act”); and

 

B.
Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a convertible
note of the Company, in the form attached hereto as Exhibit A, in the aggregate principal amount of $82,500.00 (which includes $7,500.00
of Original Issue Discount)(together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect
thereto in accordance with the terms thereof, the “Note”), convertible into shares of common stock, no par value per share,
of the Company (the “Common Stock”) upon default, upon the terms and subject to the limitations and conditions set forth
in such Note; and a Warrant to purchase Common Stock of the Company in favor of Buyer exercisable into 8,250,000 shares of Common Stock
(the “Warrant”); and

 

NOW
THEREFORE, the Company and the Buyer severally (and not jointly) hereby agree as follows:

 

1.
Purchase and Sale of Note.

 

a.
Purchase of Note. On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to
purchase from the Company such principal amount of Note as is set forth immediately below the Buyer’s name on the signature pages
hereto.

 

b.
Form of Payment. On the Closing Date (as defined below), (i) the Buyer shall pay the purchase price for the Note to be issued
and sold to it at the Closing (as defined below) (the “Purchase Price”) by wire transfer of immediately available funds to
the Company, in accordance with the Company’s written wiring instructions, against delivery of the Note in the principal amount
equal to the Purchase Price as is set forth immediately below the Buyer’s name on the signature pages hereto (and the Warrant),
and (ii) the Company shall deliver such duly executed Note on behalf of the Company (and the Warrant), to the Buyer, against delivery
of such Purchase Price.

 

c.
Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in Section 6 and Section 7 below,
the date and time of the issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be 12:00 noon,
Eastern Standard Time on or about November 15, 2021, or such other mutually agreed upon time. The closing of the transactions contemplated
by this Agreement (the “Closing”) shall occur on the Closing Date at such location as may be agreed to by the parties.

 

    	 

    	 

    

 

2.
Buyer’s Representations and Warranties. The Buyer represents and warrants to the Company that:

 

a.
Investment Purpose. As of the date hereof, the Buyer is purchasing the Note, the Warrant and the shares of Common Stock issuable
upon conversion of or otherwise pursuant to the Note and/or Warrant (such shares of Common Stock being collectively referred to herein
as the “Conversion Shares” and, collectively with the Note and the Warrant, the “Securities”) for its own account
and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration
under the 1933 Act.

 

b.
Accredited Investor Status. The Buyer is an “accredited investor” as that term is defined in Rule 501(a) of Regulation
D (an “Accredited Investor”).

 

c.
Reliance on Exemptions. The Buyer understands that the Securities are being offered and sold to it in reliance upon specific exemptions
from the registration requirements of United States federal and state securities laws and that the Company is relying upon the truth
and accuracy of, and the Buyer’s compliance with, the representations, warranties, agreements, acknowledgments and understandings
of the Buyer set forth herein in order to determine the availability of such exemptions and the eligibility of the Buyer to acquire the
Securities.

 

d.
Information. The Company has not disclosed to the Buyer any material nonpublic information and will not disclose such information
unless such information is disclosed to the public prior to or promptly following such disclosure to the Buyer.

 

e.
Legends. The Buyer understands that the Note and, until such time as the Conversion Shares have been registered under the 1933
Act; or may be sold pursuant to an applicable exemption from registration, the Conversion Shares may bear a restrictive legend in substantially
the following form:

 

“THE
SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR UNDER ANY STATE SECURITIES LAWS, AND MAY NOT BE PLEDGED, SOLD, ASSIGNED, HYPOTHECATED OR OTHERWISE TRANSFERRED UNLESS
(1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR (2)
THE ISSUER OF SUCH SECURITIES RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF SUCH SECURITIES, WHICH COUNSEL AND OPINION ARE REASONABLY
ACCEPTABLE TO THE ISSUER’S TRANSFER AGENT, THAT SUCH SECURITIES MAY BE PLEDGED, SOLD, ASSIGNED, HYPOTHECATED OR OTHERWISE TRANSFERRED
WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.”

 

The
legend set forth above shall be removed and the Company shall issue a certificate without such legend to the holder of any Security upon
which it is stamped, if, unless otherwise required by applicable state securities laws, (a) such Security is registered for sale under
an effective registration statement filed under the 1933 Act or otherwise may be sold pursuant to an exemption from registration without
any restriction as to the number of securities as of a particular date that can then be immediately sold, or (b) such holder provides
the Company with an opinion of counsel, in form, substance and scope customary for opinions of counsel in comparable transactions, to
the effect that a public sale or transfer of such Security may be made without registration under the 1933 Act, which opinion shall be
accepted by the Company so that the sale or transfer is effected. The Buyer agrees to sell all Securities, including those represented
by a certificate(s) from which the legend has been removed, in compliance with applicable prospectus delivery requirements, if any. In
the event that the Company does not accept the opinion of counsel provided by the Buyer with respect to the transfer of Securities pursuant
to an exemption from registration, such as Rule 144, at the Deadline, it will be considered an Event of Default pursuant to Section 3.2
of the Note.

 

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f.
Authorization; Enforcement. This Agreement has been duly and validly authorized. This Agreement has been duly executed and delivered
on behalf of the Buyer, and this Agreement constitutes a valid and binding agreement of the Buyer enforceable in accordance with its
terms.

 

3.
Representations and Warranties of the Company. The Company represents and warrants to the Buyer that:

 

a.
Organization and Qualification. The Company and each of its Subsidiaries (as defined below), if any, is a corporation duly organized,
validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, with full power and authority (corporate
and other) to own, lease, use and operate its properties and to carry on its business as and where now owned, leased, used, operated
and conducted. “Subsidiaries” means any corporation or other organization, whether incorporated or unincorporated, in which
the Company owns, directly or indirectly, any equity or other ownership interest.

 

b.
Authorization; Enforcement. (i) The Company has all requisite corporate power and authority to enter into and perform this Agreement,
the Note, the Warrant and to consummate the transactions contemplated hereby and thereby and to issue the Securities, in accordance with
the terms hereof and thereof, (ii) the execution and delivery of this Agreement, the Note by the Company and the consummation by it of
the transactions contemplated hereby and thereby (including without limitation, the issuance of the Note, the Warrant and the issuance
and reservation for issuance of the Conversion Shares issuable upon conversion or exercise thereof) have been duly authorized by the
Company’s Board of Directors and no further consent or authorization of the Company, its Board of Directors, or its shareholders
is required, (iii) this Agreement has been duly executed and delivered by the Company by its authorized representative, and such authorized
representative is the true and official representative with authority to sign this Agreement and the other documents executed in connection
herewith and bind the Company accordingly, and (iv) this Agreement constitutes, and upon execution and delivery by the Company of the
Note, each of such instruments will constitute, a legal, valid and binding obligation of the Company enforceable against the Company
in accordance with its terms.

 

c.
Capitalization. As of the date hereof, the authorized common stock of the Company consists of 3,000,000,000 authorized shares
of Common Stock, no par value per share, of which 224,964,104 shares are issued and outstanding. All of such outstanding shares of capital
stock are, or upon issuance will be, duly authorized, validly issued, fully paid and non-assessable. .

 

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d.
Issuance of Shares. The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note and the
Warrant in accordance with their respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens,
claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders
of the Company and will not impose personal liability upon the holder thereof.

 

e.
No Conflicts. The execution, delivery and performance of this Agreement, the Note, the Warrant by the Company and the consummation
by the Company of the transactions contemplated hereby and thereby (including, without limitation, the issuance and reservation for issuance
of the Conversion Shares) will not (i) conflict with or result in a violation of any provision of the Certificate of Incorporation or
By-laws, or (ii) violate or conflict with, or result in a breach of any provision of, or constitute a default (or an event which with
notice or lapse of time or both could become a default) under, or give to others any rights of termination, amendment, acceleration or
cancellation of, any agreement, indenture, patent, patent license or instrument to which the Company or any of its Subsidiaries is a
party, or (iii) result in a violation of any law, rule, regulation, order, judgment or decree (including federal and state securities
laws and regulations and regulations of any self- regulatory organizations to which the Company or its securities are subject) applicable
to the Company or any of its Subsidiaries or by which any property or asset of the Company or any of its Subsidiaries is bound or affected
(except for such conflicts, defaults, terminations, amendments, accelerations, cancellations and violations as would not, individually
or in the aggregate, have a Material Adverse Effect). The businesses of the Company and its Subsidiaries, if any, are not being conducted,
and shall not be conducted so long as the Buyer owns any of the Securities, in violation of any law, ordinance or regulation of any governmental
entity. “Material Adverse Effect” means any material adverse effect on the business, operations, assets, financial condition
or prospects of the Company or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated hereby or by the agreements
or instruments to be entered into in connection herewith.

 

f.
SEC Documents; Financial Statements. The Company has filed all reports, schedules, forms, statements and other documents required
to be filed by it with the SEC pursuant to the reporting requirements of the Securities Exchange Act of 1934, as amended (the “1934
Act”) (all of the foregoing filed prior to the date hereof and all exhibits included therein and financial statements and schedules
thereto and documents (other than exhibits to such documents) incorporated by reference therein, being hereinafter referred to herein
as the “SEC Documents”). Upon written request the Company will deliver to the Buyer true and complete copies of the SEC Documents,
except for such exhibits and incorporated documents. As of their respective dates or if amended, as of the dates of the amendments, the
SEC Documents complied in all material respects with the requirements of the 1934 Act and the rules and regulations of the SEC promulgated
thereunder applicable to the SEC Documents, and none of the SEC Documents, at the time they were filed with the SEC, contained any untrue
statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements
therein, in light of the circumstances under which they were made, not misleading. None of the statements made in any such SEC Documents
is, or has been, required to be amended or updated under applicable law (except for such statements as have been amended or updated in
subsequent filings prior the date hereof). As of their respective dates or if amended, as of the dates of the amendments, the financial
statements of the Company included in the SEC Documents complied as to form in all material respects with applicable accounting requirements
and the published rules and regulations of the SEC with respect thereto. Such financial statements have been prepared in accordance with
United States generally accepted accounting principles, consistently applied, during the periods involved and fairly present in all material
respects the consolidated financial position of the Company and its consolidated Subsidiaries as of the dates thereof and the consolidated
results of their operations and cash flows for the periods then ended (subject, in the case of unaudited statements, to normal year-end
audit adjustments). The Company is subject to the reporting requirements of the 1934 Act.

 

    	4

    	 

    

 

g.
Absence of Certain Changes. Since March 31, 2021, except as set forth in the SEC Documents, there has been no material adverse
change and no material adverse development in the assets, liabilities, business, properties, operations, financial condition, results
of operations, prospects or 1934 Act reporting status of the Company or any of its Subsidiaries.

 

h.
Absence of Litigation. Except as set forth in the SEC Documents, there is no action, suit, claim, proceeding, inquiry or investigation
before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the Company
or any of its Subsidiaries, threatened against or affecting the Company or any of its Subsidiaries, or their officers or directors in
their capacity as such, that could have a Material Adverse Effect. The Company and its Subsidiaries are unaware of any facts or circumstances
which might give rise to any of the foregoing.

 

i.
No Integrated Offering. Neither the Company, nor any of its affiliates, nor any person acting on its or their behalf, has directly
or indirectly made any offers or sales in any security or solicited any offers to buy any security under circumstances that would require
registration under the 1933 Act of the issuance of the Securities to the Buyer. The issuance of the Securities to the Buyer will not
be integrated with any other issuance of the Company’s securities (past, current or future) for purposes of any shareholder approval
provisions applicable to the Company or its securities.

 

j.
No Brokers. The Company has taken no action which would give rise to any claim by any person for brokerage commissions, transaction
fees or similar payments relating to this Agreement or the transactions contemplated hereby.

 

k.
No Investment Company. The Company is not, and upon the issuance and sale of the Securities as contemplated by this Agreement
will not be an “investment company” required to be registered under the Investment Company Act of 1940 (an “Investment
Company”). The Company is not controlled by an Investment Company.

 

l.
Breach of Representations and Warranties by the Company. If the Company breaches any of the representations or warranties set
forth in this Section 3, and in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered
an Event of default under Section 3.4 of the Note.

 

4.
COVENANTS.

 

a.
Best Efforts. The Company shall use its best efforts to satisfy timely each of the conditions described in Section 7 of this Agreement.

 

b.
Form D; Blue Sky Laws. The Company agrees to timely make any filings required by federal and state laws as a result of the closing
of the transactions contemplated by this Agreement.

 

    	5

    	 

    

 

c.
Use of Proceeds. The Company shall use the proceeds for general working capital purposes.

 

d.
Corporate Existence. So long as the Buyer beneficially owns any Note and/or the Warrant, the Company shall maintain its corporate
existence and shall not sell all or substantially all of the Company’s assets, except with the prior written consent of the Buyer.

 

e.
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies
available to the Buyer pursuant to this Agreement, it will be considered an event of default under Section 3.4 of the Note.

 

f.
Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns the Note and/or the Warrant, the Company shall comply
with the reporting requirements of the 1934 Act; and the Company shall continue to be subject to the reporting requirements of the 1934
Act.

 

g.
Trading Activities. Neither the Buyer nor its affiliates has an open short position in the common stock of the Company and the
Buyer agrees that it shall not, and that it will cause its affiliates not to, engage in any short sales of or hedging transactions with
respect to the common stock of the Company.

 

h.
Registration Rights.

 

(i)
Piggyback. If at any time the Company shall determine to file with the Securities and Exchange Commission a registration statement relating
to an offering for its own account or the account of others of any its Common Stock (“Registration Statement”)(other than
on Form S-4 or Form S-8 or their then-equivalents relating to equity securities to be issued solely in connection with any acquisition
of any entity or business or equity securities issuable in connection with stock option or other employee benefit plans), the Company
shall send to the written notice of such determination and, unless objected to in writing by the Buyer by written notice delivered to
the Company within five (5) days after the date of such notice from the Company, the Company shall include in such Registration Statement
all shares issuable upon conversion of this Note (“Registrable Securities”).

 

(ii)
Demand. If at any time following the six-month anniversary of the date hereof, the Buyer shall determine that Rule 144, as amended, is
not available with respect to issuance of shares to be issued upon conversion of the Note without any restrictive legend, the Buyer may,
at its option, demand that the Company file with the Securities and Exchange Commission a Registration Statement which shall include
in such Registration Statement all Registrable Securities (“Demand Registration”). Whenever the Buyer shall have requested
Demand Registration, the Company shall use its best efforts to effect the registration and the sale of such Registrable Securities in
accordance with the intended method of disposition thereof, and pursuant thereto the Company shall as expeditiously as possible prepare
and file with the Securities and Exchange Commission a registration statement with respect to such Registrable Securities (within thirty
(30) days of such demand); use its best efforts to cause such registration statement to become effective and remain effective until the
Note has been fully converted; and use its best efforts to provide any assistance to Buyer in connection with the issuance of registered
shares in conversion of the Note and removal of any restrictive legend.

 

i.
The Buyer is Not a “Dealer”. The Buyer and the Company hereby acknowledge and agree that the Buyer has not: (i) acted
as an underwriter; (ii) acted as a market maker or specialist; (iii) acted as “de facto” market maker; or (iv) conducted
any other professional market activities such as providing investment advice, extending credit and lending securities in connection;
and thus that the Buyer is not a “Dealer” as such term is defined in the 1934 Act.

 

    	6

    	 

    

 

5.
Transfer Agent Instructions. The Company shall issue irrevocable instructions to its transfer agent to issue certificates, registered
in the name of the Buyer or its nominee, for the Conversion Shares in such amounts as specified from time to time by the Buyer to the
Company upon conversion of the Note (and the Warrant) in accordance with the terms thereof (the “Irrevocable Transfer Agent Instructions”).
In the event that the Company proposes to replace its transfer agent, the Company shall provide, prior to the effective date of such
replacement, a fully executed Irrevocable Transfer Agent Instructions in a form as initially delivered pursuant to this Agreement (including
but not limited to the provision to irrevocably reserve shares of Common Stock in the Reserved Amount as such term is defined in the
Note) signed by the successor transfer agent to Company and the Company. Prior to registration of the Conversion Shares under the 1933
Act or the date on which the Conversion Shares may be sold pursuant to an exemption from registration, all such certificates shall bear
the restrictive legend specified in Section 2(e) of this Agreement. The Company warrants that: (i) no instruction other than the Irrevocable
Transfer Agent Instructions referred to in this Section 5, will be given by the Company to its transfer agent and that the Securities
shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement, the Warrant
and the Note; (ii) it will not direct its transfer agent not to transfer or delay, impair, and/or hinder its transfer agent in transferring
(or issuing)(electronically or in certificated form) any certificate for Conversion Shares to be issued to the Buyer upon conversion
of or otherwise pursuant to the Note as and when required by the Note and this Agreement; and (iii) it will not fail to remove (or direct
its transfer agent not to remove or impair, delay, and/or hinder its transfer agent from removing) any restrictive legend (or to withdraw
any stop transfer instructions in respect thereof) on any certificate for any Conversion Shares issued to the Buyer upon conversion of
or otherwise pursuant to the Note (and the Warrant) as and when required by the Note, the Warrant and/or this Agreement. If the Buyer
provides the Company and the Company’s transfer agent, at the cost of the Buyer, with an opinion of counsel in form, substance
and scope customary for opinions in comparable transactions, to the effect that a public sale or transfer of such Securities may be made
without registration under the 1933 Act, the Company shall permit the transfer, and, in the case of the Conversion Shares, promptly instruct
its transfer agent to issue one or more certificates, free from restrictive legend, in such name and in such denominations as specified
by the Buyer. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Buyer, by
vitiating the intent and purpose of the transactions contemplated hereby. Accordingly, the Company acknowledges that the remedy at law
for a breach of its obligations under this Section 5 may be inadequate and agrees, in the event of a breach or threatened breach by the
Company of the provisions of this Section, that the Buyer shall be entitled, in addition to all other available remedies, to an injunction
restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other
security being required.

 

6.
Conditions to the Company’s Obligation to Sell. The obligation of the Company hereunder to issue and sell the Note to the
Buyer at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions thereto, provided
that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion:

 

a.
The Buyer shall have executed this Agreement and delivered the same to the Company.

 

    	7

    	 

    

 

b.
The Buyer shall have delivered the Purchase Price in accordance with Section 1(b) above.

 

c.
The representations and warranties of the Buyer shall be true and correct in all material respects as of the date when made and as of
the Closing Date as though made at that time (except for representations and warranties that speak as of a specific date), and the Buyer
shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by this
Agreement to be performed, satisfied or complied with by the Buyer at or prior to the Closing Date.

 

d.
No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated
or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority
over the matters contemplated hereby which prohibits the consummation of any of the transactions contemplated by this Agreement.

 

7.
Conditions to The Buyer’s Obligation to Purchase. The obligation of the Buyer hereunder to purchase the Note at the Closing
is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are
for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

 

a.
The Company shall have executed this Agreement and delivered the same to the Buyer.

 

b.
The Company shall have delivered to the Buyer the duly executed Note (in such denominations as the Buyer shall request) and the Warrant
in accordance with Section 1(b) above.

 

c.
The Irrevocable Transfer Agent Instructions, in form and substance satisfactory to the Buyer, shall have been delivered to and acknowledged
in writing by the Company’s Transfer Agent.

 

d.
The representations and warranties of the Company shall be true and correct in all material respects as of the date when made and as
of the Closing Date as though made at such time (except for representations and warranties that speak as of a specific date) and the
Company shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required
by this Agreement to be performed, satisfied or complied with by the Company at or prior to the Closing Date. The Buyer shall have received
a certificate or certificates, executed by the chief executive officer of the Company, dated as of the Closing Date, to the foregoing
effect and as to such other matters as may be reasonably requested by the Buyer including, but not limited to certificates with respect
to the Board of Directors’ resolutions relating to the transactions contemplated hereby.

 

e.
No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated
or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority
over the matters contemplated hereby which prohibits the consummation of any of the transactions contemplated by this Agreement.

 

    	8

    	 

    

 

f.
No event shall have occurred which could reasonably be expected to have a Material Adverse Effect on the Company including but not limited
to a change in the 1934 Act reporting status of the Company or the failure of the Company to be timely in its 1934 Act reporting obligations.

 

g.
The Buyer shall have received an officer’s certificate described in Section 3(d) above, dated as of the Closing Date.

 

8.
Governing Law; Miscellaneous.

 

a.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada without regard
to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions contemplated by
this Agreement shall be brought only in the state courts of Nevada or in the federal courts located in the state of Nevada. The parties
to this Agreement hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert
any defense based on lack of jurisdiction or venue or based upon forum non conveniens. The Company and Buyer waive trial by jury.
The prevailing party shall be entitled to recover from the other party its reasonable attorney’s fees and costs. In the event that
any provision of this Agreement or any other agreement delivered in connection herewith is invalid or unenforceable under any applicable
statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed
modified to conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable under any law shall
not affect the validity or enforceability of any other provision of any agreement. Each party hereby irrevocably waives personal service
of process and consents to process being served in any suit, action or proceeding in connection with this Agreement, the Note or any
related document or agreement by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery)
to such party at the address in effect for notices to it under this Agreement and agrees that such service shall constitute good and
sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process
in any other manner permitted by law.

 

Notwithstanding
anything to the contrary contained in this Agreement or Other Agreements, the parties hereby agree the Other Agreements shall be governed
by and construed in accordance with the laws of the State of Nevada without regard to principles of conflicts of laws. Any action brought
by either party against the other concerning the transactions contemplated by the Other Agreement shall be brought only in the state
courts of Nevada or in the federal courts located in the state of Nevada. “Other Agreements” means, collectively, all agreements
and instruments between, among or by: (1) the Company, and, or for the benefit of, (2) the Buyer and any affiliate of the Buyer, including,
without limitation, promissory notes and securities purchase agreements.

 

b.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of
which shall constitute one and the same agreement and shall become effective when counterparts have been signed by each party and delivered
to the other party.

 

c.
Headings. The headings of this Agreement are for convenience of reference only and shall not form part of, or affect the interpretation
of, this Agreement.

 

    	9

    	 

    

 

d.
Severability. In the event that any provision of this Agreement is invalid or unenforceable under any applicable statute or rule
of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to
conform with such statute or rule of law. Any provision hereof which may prove invalid or unenforceable under any law shall not affect
the validity or enforceability of any other provision hereof.

 

e.
Entire Agreement; Amendments. This Agreement and the instruments referenced herein contain the entire understanding of the parties
with respect to the matters covered herein and therein and, except as specifically set forth herein or therein, neither the Company nor
the Buyer makes any representation, warranty, covenant or undertaking with respect to such matters. No provision of this Agreement may
be waived or amended other than by an instrument in writing signed by the majority in interest of the Buyer.

 

f.
Notices. All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be
in writing and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified,
return receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified most
recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed effective (a)
upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile machine, at the address
or number designated below (if delivered on a business day during normal business hours where such notice is to be received), or the
first business day following such delivery (if delivered other than on a business day during normal business hours where such notice
is to be received) or (b) on the second business day following the date of mailing by express courier service, fully prepaid, addressed
to such address, or upon actual receipt of such mailing, whichever shall first occur. The addresses for such communications shall be
as set forth in the heading of this Agreement. Each party shall provide notice to the other party of any change in address.

 

g.
Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and
assigns. Neither the Company nor the Buyer shall assign this Agreement or any rights or obligations hereunder without the prior written
consent of the other. Notwithstanding the foregoing, the Buyer may assign its rights hereunder to any person that purchases Securities
in a private transaction from the Buyer or to any of its “affiliates,” as that term is defined under the 1934 Act, without
the consent of the Company.

 

h.
Survival. The representations and warranties of the Company and the agreements and covenants set forth in this Agreement shall
survive the closing hereunder notwithstanding any due diligence investigation conducted by or on behalf of the Buyer. The Company agrees
to indemnify and hold harmless the Buyer and all their officers, directors, employees and agents for loss or damage arising as a result
of or related to any breach or alleged breach by the Company of any of its representations, warranties and covenants set forth in this
Agreement or any of its covenants and obligations under this Agreement, including advancement of expenses as they are incurred.

 

i.
Further Assurances. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and
shall execute and deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request
in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated
hereby.

 

    	10

    	 

    

 

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

 

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

 

IN
WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

 

QUANTA, INC.

 

	By:		 
	 	Arthur
    Mikaelian	 
	 	Chief
    Executive Officer	 

 

TRILLIUM
PARTNERS L.P.

 

	By:		 
	 	Steve
    Hicks	 
	 	Manager
    of the General Partner	 

 

	AGGREGATE SUBSCRIPTION AMOUNT:
	Aggregate Principal Amount of Note:	 	$	82,500.00	 
	 	 	 	 	 
	Original Issue Discount:	 	$	7,500.00	 
	 	 	 	 	 
	Warrants:	 	 	8,250,000	 
	 	 	 	 	 
	Purchase Price:	 	$	75,000.00	 

 

    	11

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