Document:

EXHIBIT 4.10 

 

THIS INSTRUMENT HAS NOT BEEN REGISTERED
WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON EXEMPTIONS FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED, AND VARIOUS APPLICABLE STATE SECURITIES LAWS. THIS PROMISSORY NOTE MAY
NOT BE SOLD, TRANSFERRED, PLEDGED OR ASSIGNED OR A SECURITY INTEREST CREATED THEREIN, UNLESS THE SELLER, TRANSFEREE, ASSIGNEE,
PLEDGEE OR HOLDER OF SUCH SECURITY INTEREST COMPLIES WITH ALL STATE AND FEDERAL SECURITIES LAWS (I.E., SUCH SECURITIES ARE REGISTERED
UNDER SUCH LAWS OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE THEREUNDER) AND UNLESS THE SELLER, TRANSFEROR, ASSIGNOR, PLEDGOR
OR GRANTOR OF SUCH SECURITY INTEREST PROVIDES AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE TRANSACTION
CONTEMPLATED WOULD NOT BE IN VIOLATION OF THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE SECURITIES LAWS.

 

 

 

TPT GLOBAL TECH, INC.

 

A Florida Corporation

 

SECURED

PROMISSORY NOTE

 

 

 

	$4,000,000	DATE: October 31, 2017

 

FOR VALUE RECEIVED,
the undersigned, TPT Global Tech, Inc., a Florida corporation (hereinafter "Maker or TPTG"), promises to
pay to Matrixsites Inc. (“Seller” or “Holder”)) at such place as the Holder may designate in writing,
the principal sum of FOUR MILLION DOLLARS ($4,000,000), all or any
unpaid portion thereof, due and payable in full, with no interest, 1) $2,000,000 from debt proceeds intended to be obtained in
the second or third quarter of 2018 and the remainder from proceeds from the second TPTG public offering intended to be in 2018.
The first public offering is the current Form S-1 registering existing owned and outstanding shares of common stock.

 

Incorporated
herein is THE ACQUISTION AND PURCHASE AGREEMENT DATED AS OF OCTOBER 31, 2017, BY AND BETWEEN TPT GLOBAL TECH, INC. AND MATRIXSITES
INC. AND ITS OWNERS (“the Acquisition Agreement”). The Promissory Note shall be secured by a security interest
TPTG shall grant to Seller in the Seller Interest and Viewme Live assets to secure TPTG’s obligations under the Promissory
Note and the Agreement (the “TPTG Obligations”).

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In event Maker shall
(i) default in the performance of any of the obligations, covenants or agreements legally imposed by the terms of this Promissory
Note, or (ii) apply for or consent in writing to the appointment of a receiver, trustee, or liquidator of Maker or (iii) file a
voluntary petition in bankruptcy, or admit in writing Maker's inability to pay Maker's debts as they come due, or (iv) make general
assignments for the benefit of creditors, or (v) file a petition or answer seeking reorganization or rearrangement with creditors
or taking advantage of any insolvency law, or (vi) file an answer admitting the material allegations of a petition filed against
Maker in any bankruptcy, reorganization, insolvency or similar proceedings, at the option of the Holder, the whole indebtedness
evidenced hereby may be declared due and payable whereupon the entire unpaid principal balance of this Promissory Note shall thereupon
at once mature and become due and payable without presentment or demand for payment or notice of the intent to exercise such option
or notice of the exercise of such option by the Holder, or notice of any kind, all of which are hereby expressly waived by Maker
and may be collected by suit or other legal proceedings.

If all or any part of the
amount of this Promissory Note be declared due in accordance with the other provisions hereof, or if any installment herein provided
is not paid when due, the principal balance as the case may be, shall bear interest at the lesser of (i) Twelve Percent (12%) per
annum, or (ii) the Maximum Rate allowed under applicable law until paid in full or until the Promissory Note is reinstated. Notice
of Default shall be given, in writing, to Maker, after five days after occurrence of default. Maker shall have 10 days after written
Notice of Default, within which to cure the default plus interest at default rate, legal fees and costs incurred.

 

Except as otherwise provided
herein, the undersigned and all sureties, guarantors and endorsers of this Promissory Note severally waive all notices, demands,
presentments for payment, notices of non-payment, notice of intention to accelerate the maturity, notices of acceleration, notices
of dishonor, protest and notice of protest, diligence in collecting or bringing suit as to this Promissory Note and as to each,
every and all installments hereof and all obligations hereunder and against any party hereto and to the application of any payment
on this obligation, or as an offset hereto, and agree to all extensions, renewals, partial payments, substitutions or evidence
of indebtedness and the taking, release or substitution of all or any part of the security or the release of any party liable hereon
with or without notice before or after maturity.

 

It is the intention of
the parties hereto to comply with the usury laws applicable to this loan if any, accordingly it is agreed that notwithstanding
any provision to the contrary in this Promissory Note or in any of the documents securing payment hereof no such provision shall
require the payment or permit the collection of interest in excess of the maximum permitted by law. If any excess of interest is
provided for, contracted for, charged for or received, then the provisions of this paragraph shall govern and control and neither
the Maker hereof nor any other party liable for the payment hereof shall be obligated to pay the amount of such excess interest.
Any such excess interest which may have been collected shall be, at the Holder's option, either applied as a credit against the
then unpaid principal amount hereof or refunded to Maker. The effective rate of interest shall be automatically subject to reduction
to the maximum lawful contract rate allowed under the usury laws as now or hereafter construed. It is further agreed that without
limitation of the foregoing, all calculations of the rate of interest contracted for, charged for, or received under this Promissory
Note which are made for the purposes of determining whether such rate exceeds the maximum lawful rate, shall be made, to the extent
permitted by law, by amortizing, prorating, allocating and spreading in equal parts during the full stated term of this Promissory
Note, all interest contracted for, charged for or received from the Maker or otherwise by the Note Holder.

 

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In the event this Promissory
Note is placed in the hands of an attorney for collection (whether or not suit is filed), or in the event it is collected by suit
or through bankruptcy, probate, receivership or other legal proceedings (including foreclosure), the undersigned hereby agrees
to pay to the Holder as attorney's fees a reasonable amount in addition to the principal and interest then due hereon, and all
other costs of collection.

 

 

IN WITNESS WHEREOF, Maker has fully executed
this Promissory Note as of the date first above written.

 

TPT GLOBAL TECH, INC.,

(A Florida Corporation)

 

 

 

By: ____________________________________

Chief Executive Officer

 

    	3 of 3EXHIBIT 4.11 

 

CERTIFICATE OF DESIGNATION OF

SERIES C PREFERRED CONVERTIBLE STOCK

 

OF

 

TPT GLOBAL TECH, INC.

 

 

It is hereby certified that:

 

1.       The
name of the Company (hereinafter called the "Company") is TPT Global Tech, Inc., a Florida corporation.

 

2.       The
Certificate of Incorporation of the Company authorizes the issuance of One Hundred Million (100,000,000) shares of preferred stock,
$0.001 par value per share, and expressly vests in the Board of Directors of the Company the authority provided therein to issue
any or all of said shares in one (1) or more Series by resolution or resolutions to establish the designation and number and to
fix the relative rights and preferences of each series to be issued.

 

3.       The
Board of Directors of the Company, pursuant to the authority expressly vested in it as aforesaid, has adopted the following resolutions
creating a Series C issue of Preferred Stock:

 

RESOLVED, that Three Million (3,000,000) of
the One Hundred Million (100,000,000) authorized shares of Preferred Stock of the Company shall be designated Series C Preferred
Stock, $0.001 par value per share, and shall possess the rights and preferences set forth below:

 

Section 1.Designation and Amount. The shares of
such series shall have $0.001 par value per share and shall be designated as Series C Preferred Stock (the "Series C Preferred
Stock") and the number of shares constituting the Series C Preferred Stock shall be Three Million (3,000,000).

 

Section 2.Rank. The Series C Preferred Stock shall
rank: (i) subordinate to the Series A and Series B Preferred Stock (“Senior Securities”); but (ii) senior to all of
the Company's Common Stock, $0.001 par value per share ("Common Stock"); and (iii) senior to any Series or series of
capital stock of the Company hereafter created (collectively, with the Common Stock, "Junior Securities"). In each case
as to distributions of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary (all
such distributions being referred to collectively as "Distributions").

 

Section 3.Dividends. The Series C Preferred Stock
shall bear no dividend.

 

Section 4.Liquidation Preference.

 

(a)       In
the event of any liquidation, dissolution or winding up of the Company, either voluntary or involuntary, the Holders of shares
of Series C Preferred Stock shall be entitled to receive, immediately after any distributions to Senior Securities required by
the Company's Certificate of Incorporation or any Certificate of Designation, and prior in preference to any distribution to Junior
Securities, an amount per share equal to $2.00 per share. If upon the occurrence of such event, and after payment in full of the
preferential amounts with respect to the Senior Securities, the assets and funds available to be distributed among the Holders
of the Series C Preferred 

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Stock and Parity Securities shall be insufficient to permit the payment to such Holders of the full preferential
amounts due to the Holders of the Series C Preferred Stock, respectively, then the entire assets and funds of the Company legally
available for distribution shall be distributed among the Holders of the Series C Preferred Stock, pro rata, based on the respective
liquidation amounts to which each such series of stock is entitled by the Company's Certificate of Incorporation and any certificate(s)
of designation relating thereto.

 

(b)       Upon
the completion of the distribution required by subsection 4(a), if assets remain in the Company, they shall be distributed to holders
of Junior Securities in accordance with the Company's Certificate of Incorporation including any duly adopted certificate(s) of
designation.

 

Section 5.Conversion. The record Holders of this
Series C Preferred Stock shall have conversion rights as follows (the "Conversion Rights").

 

(a)       Right
to Convert. Each record Holder of Series C Preferred Stock shall be entitled (at the times and in the amounts set forth below),
and subject to the Company's right of redemption set forth in Section 6(a), at the office of the Company or any transfer agent
for the Series C Preferred Stock (the "Transfer Agent"), to convert shares of Series C Preferred Convertible Stock in
whole or in part into Common Stock (in multiples of one (1) share of Series C Preferred Stock) as follows:

 

The Holders of the Series C Preferred Stock shall, collectively
have the right to convert all or part of their shares into that number of authorized but unissued common shares of the Company,
as follows:

 

Conversion to Common. The holder of Series C
Preferred Share may convert all or any part of the Preferred to common shares at the conversion price of $0.15 upon notice as set
forth hereafter.

 

(b)       Mechanics
of Conversion. In order to convert Series C Preferred Stock into shares of Common Stock the Holder shall (i) fax or deliver
via electronic mail on the date of conversion (the "Conversion Date") to the Company at the office of the Company or
the Transfer Agent for the Series C Preferred Stock stating that the Holder elects to convert, which Notice of Conversion shall
specify the date of conversion, the number of shares of Series C Preferred Stock to be converted, the applicable conversion price
and a calculation of the number of shares of Common Stock issuable upon such conversion together with a copy of the front page
of each certificate to be converted, and (ii) surrender to a common courier for delivery to the office of the Company or the Transfer
Agent, the original certificate(s) representing the Series C Preferred Stock being converted (the "Preferred Stock Certificates"),
duly endorsed for transfer; provided, however, that the Company shall not be obligated to issue certificates evidencing the shares
of Common Stock issuable upon such conversion unless either the Preferred Stock Certificates are delivered to the Company or its
Transfer Agent as provided above, or the Holder notifies the Company or its Transfer Agent that such certificates have been lost,
stolen, or destroyed (subject to the requirements of subparagraph (i) below). Upon receipt by the Company of a facsimile copy of
a Notice of Conversion, Company shall immediately send, via facsimile or email, a confirmation of receipt of the Notice of Conversion
to Holder which shall specify that the Notice of Conversion has been received and the name 

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and telephone number of a contact person
at the Company whom the Holder should contact regarding information related to the Conversion. In the case of a dispute as to the
calculation of the conversion Rate, the Company shall promptly issue to the Holder the number of Shares that are not disputed and
shall submit he disputed calculations to its outside accountant via facsimile within three (3) days of receipt of Holder's Notice
of Conversion. The Company shall cause the accountant to perform the calculations and notify Company and Holder of its results
no later than forty-eight (48) hours from the time it receives the disputed calculations. Accountant's calculations shall be deemed
conclusive absent manifest error.

 

(i)       Lost
or Stolen Certificates. Upon receipt by the Company of evidence of the loss, theft, destruction or mutilation of any Preferred
Stock Certificates representing shares of Series C Preferred Stock, and (in the case of loss, theft or destruction) of indemnity
or security reasonably satisfactory to the Company, and upon surrender and cancellation of the Preferred Stock Certificate(s),
if mutilated, the Company shall execute and deliver new Preferred Stock Certificate(s) of like tenor and date. However, the Company
shall not be obligated to re-issue such lost or stolen Preferred Stock Certificates if Holder contemporaneously requests the Company
to convert such Series C Preferred Stock into Common Stock.

 

(ii)       Delivery
of Common Stock Upon Conversion. The Transfer Agent or the Company (as applicable) shall, no later than the close of business
on the third (3rd) business day (the "Deadline") after receipt by the Company or the Transfer Agent of a facsimile copy
of a Notice of Conversion or upon Automatic Conversion and receipt by Company or the Transfer Agent from the Holder of all necessary
documentation duly executed and in proper form required for conversion, including the original Preferred Stock Certificates to
be converted (or after provision for security or identification in the case of lost or destroyed certificates, if required), issue
and surrender to a common courier for either overnight or (if delivery is outside the United States) two (2) day delivery to the
Holder at the address of the Holder as shown on the stock records of the Company a certificate for the number of shares of Common
Stock to which the Holder shall be entitled as aforesaid.

 

(iii)       No
Fractional Shares. If any conversion of the Series C Preferred Stock would create a fractional share of Common Stock or a right
to acquire a fractional share of Common Stock, such fractional share shall be disregarded and the number of shares of Common Stock
issuable upon conversion, in the aggregate, shall be the next lower number of shares.

 

(c)       Reservation
of Stock Issuable Upon Conversion. The Company shall at all times reserve and keep available or make provision to increase,
reserve and keep available out of its authorized but unissued shares of Common Stock, solely for the purpose of effecting the conversion
of the Series C Preferred Stock, such number of its shares of Common Stock as shall from time to time be sufficient to effect the
conversion of all then outstanding Series C Preferred Stock into Common Stock; and if at any time the number of authorized but
unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of Series C Preferred
Stock, the Company will take such corporate action as may be necessary to increase its authorized but unissued shares of Common
Stock to such number of shares as shall be sufficient for such purpose.

 

(d)       Adjustment
to Conversion Rate

 

(i)       Adjustment
to Fixed Conversion Price Due to Stock Split, Stock Dividend, Etc. if prior to the conversion of the Series C Preferred Stock,
the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, or other similar event, the Conversion
Price shall be 

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proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a combination or
reclassification of shares, or other similar event, the Conversion Price shall be proportionately increased.

 

(ii)       
Adjustment Due to Merger, Consolidation, Etc. If, prior to the conversion of all Series C Preferred Stock, there shall be
any merger, consolidation, exchange of shares, recapitalization, reorganization, or other similar event, as a result of which shares
of Common Stock of the Company shall be changed into the same or a different number of shares of the same or another Series of
stock or securities of the Company or another entity or there is a sale of all or substantially all the Company’s assets,
then the Holders of Series C Preferred Stock shall thereafter have the right to receive upon conversion of Series C Preferred Stock,
upon the basis and upon the terms and conditions specified herein and in lieu of the shares of Common Stock immediately theretofore
issuable upon conversion, such stock, securities and/or other assets ("New Assets") which the Holder would have been
entitled to receive in such transaction had the Series C Preferred Stock been convertible into New Assets from the date hereof,
at the market price of such New Assets on the date of conversion, and in any such case appropriate provisions shall be made with
respect to the rights and interests of the Holders of the Series C Preferred Stock to the end that the provisions hereof (including,
without limitation, provisions for the adjustment of the conversion price and of the number of shares of Common Stock issuable
or New Assets deliverable upon conversion of the Series C Preferred Stock) shall thereafter be applicable, as nearly as may be
practicable in relation to any securities thereafter deliverable upon the exercise here.

 

(iii) No Fractional Shares. If any adjustment
under this Section 5 would create a fractional share of Common Stock or a right to acquire a fractional share of Common Stock,
such fractional share shall be disregarded and the number of shares of Common Stock issuable upon conversion shall be the next
lower number of shares.

 

Section 6.Redemption by Company. None. The Company
has no redemption right.

 

Section 7.Voting Rights. The Record Holders of
the Series C Preferred Shares shall have the right to vote on any matter with holders of common stock voting together as one (1)
Series. The Record Holders of the 3,000,000 Series C preferred Shares shall have that number of votes (identical in every other
respect to the voting rights of the holders of common stock entitled to vote at any Regular or Special Meeting of Shareholders)
equal to that number of common shares on a one (1) to one (1) basis which Florida law provides may or must be approved by vote
or consent of the holder of common shares or the holders of other securities to vote, if any.

 

The Record Holders of the Series C Preferred
Shares shall be entitled to the same notice of any Regular or Special Meeting of the Shareholders as may or shall be given to holders
of common shares entitled to vote at such meetings.

 

For purposes of determining a quorum for any
Regular or Special Meeting of the shareholders, the 2,000,000 Series C Preferred Shares shall be included and shall be deemed as
the equivalent of 2,000,000 shares of common stock represented in and entitled to vote at such meetings or less if some of the
Series C Preferred Shares have already been converted to common shares.

 

Section 8.Status of Converted or Redeemed Stock.
In the event any shares of Series C Preferred Stock shall be converted pursuant to Section 5 hereof, the shares so converted shall
be cancelled, and shall return to the status of authorized but unissued Preferred Stock of no designated series, and shall not
be issuable by the Company as Series C Preferred Stock.

 

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Section 9.Preference Rights. Nothing contained
herein shall be construed to prevent the Board of Directors of the Company from issuing one (1) or more series of Preferred Stock
with dividend and/or liquidation preferences junior to the dividend and liquidation preferences of the Series C Preferred Stock.

 

 

TPT GLOBAL TECH, INC.

 

 

 

By: __________________________________

President

 

 

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