Document:

THE ISSUANCE AND SALE OF
THE SECURITIES REPRESENTED BY THIS DEBENTURE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE
STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE
REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL
SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS
SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION
WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.

 

OSL HOLDINGS, INC.

 

SENIOR SECURED, CONVERTIBLE,
REDEEMABLE DEBENTURE

 

	
        Dated
as of: June 30, 2014

Effective Date: October 20, 2014

Maturity Date:
October 20, 2015
	Principal Amount: $1,900,000.00

 

This
SENIOR SECURED, CONVERTIBLE REDEEMABLE DEBENTURE (the
“Debenture”) is issued,
dated as of June 30, 2014
and effective as
of October 20, 2014 (the “Effective
Date”), by OSL HOLDINGS, INC., a
corporation incorporated under the laws of the State of Nevada (the
“Company”), to TCA
GLOBAL CREDIT MASTER FUND, LP, a limited
partnership organized and existing under the laws of the Cayman Islands (together with its
permitted successors and assigns, the “Holder”)
pursuant to exemptions from registration under the Securities Act of 1933, as amended. This Debenture is issued in connection
with that certain securities purchase agreement, dated of the date hereof, by and between the Company and the Holder (the “Purchase
Agreement”). All capitalized terms used in this Debenture and not otherwise defined herein shall have the meanings assigned
to them in the Purchase Agreement.

 

ARTICLE
I

 

Section
1.01Principal and Interest. For value
received, the Company
hereby promises to pay
to the order
of the Holder,
by no later
than October 20, 2015 (the “Maturity
Date”), in immediately available and lawful
money of the United States of America, One Million Nine Hundred Thousand and
No/100 United States Dollars ($1,900,000.00), together with interest on the outstanding
principal amount under this Debenture,
at the rate of
eleven percent (11%) per annum simple interest
(the “Interest Rate”) from
the Effective Date, until paid, as more specifically provided below.

 

    	1

    	 

    

 

Section
1.02 Optional Redemption Prior
to Maturity. The
Company, at its option, shall
have the right
to redeem this
Debenture in full
and for cash, at any time prior
to the Maturity Date, with three (3) business days advance written notice (the
“Redemption Notice”)
to the Holder. The amount
required to redeem this Debenture in full pursuant to this Section 1.02 shall
be equal to: (i) the aggregate principal amount then outstanding under this
Debenture; plus all accrued and unpaid
interest due under this Debenture
as of the redemption date; plus (ii) all other costs, fees and charges
due and payable hereunder or under
any other “Transaction Documents” (as hereinafter defined), (collectively,
the “Redemption Amount”). The Company shall deliver
the Redemption Amount to the Holder on the third (3rd) business day after the
date of the Redemption Notice.

 

Section
1.03 Mandatory Redemption at Maturity. On the
Maturity Date, the Company
shall redeem this
Debenture for the Redemption
Amount, which Redemption
Amount shall be due
and payable to
the Holder by no later than 2:00 P.M.,
EST, on the Maturity Date.

 

Section
1.04Payments.

 

(1) Monthly
Payments. The Company shall make monthly payments of principal,
interest and the corresponding amount of redemption premium to
the Holder, while this Debenture
is outstanding, until the Maturity
Date, based on the payment, amortization and
redemption premium schedule attached
hereto as Schedule A. In the event such day is not a Business Day, then said payment shall
be due on the first Business Day thereafter occurring. 

 

(2) Interest
Calculations; Payment Application.
Interest shall be
calculated on the basis
of a 360-day
year, and shall
accrue daily on
the outstanding principal
amount outstanding from time
to time for the actual
number of days
elapsed, commencing on the Effective
Date until payment in full of the outstanding
principal, together with all accrued and unpaid interest and other amounts which
may become due hereunder or under
any Transaction Documents, has been
made. Unless otherwise expressly provided elsewhere in this Debenture, all payments
made under this Debenture shall include a redemption premium equal to six percent (6%)
of the amount of principal paid with such payment. All payments received and actually
collected by Holder hereunder shall be applied first to
any costs and expenses due
or incurred hereunder or under any other Transaction Documents, second to the
redemption premium due on such payment in accordance
with this Debenture, third
to accrued and unpaid interest
hereunder, and last to reduce the outstanding principal
balance of this Debenture.

 

(3) Late
Fee. If all or any portion of the payments of principal, interest or other
charges due hereunder are not received
by the Holder within five (5) days of
the date such payment is due, then the Company shall pay to
the Holder a late charge (in addition to any other remedies that Holder may have) equal to five percent (5%)
of each such unpaid payment or sum. Any payments returned to Holder for any
reason must be covered by wire
transfer of immediately available funds to an
account designated by Holder, plus a
$100.00 administrative fee charge. Holder shall have no responsibility or liability
for payments purportedly made hereunder but
not actually received by Holder; and the Company shall
not be discharged from the obligation
to make such payments due to loss of same in the mails or due to any other excuse
or justification ultimately involving facts where such payments were not actually
received by Holder.

 

    	2

    	 

    

 

Section
1.05. Manner of Payments.
All sums payable to
the order of
Holder hereunder shall be
payable by wire
transfer of lawful dollars of the United States of
America to the
wire instructions set forth below, or at such
place as Holder, from time to
time, may designate in writing. Wire Instructions for all sums due and payable
hereunder are as follows:

 

Correspondent Bank:

Northern Trust Intl. Bkg Corp.

New Jersey

Fedwire ABA# 026-0011-22

CHIPS ABA# 0112

SWIFT: CNORUS33

 

Beneficiary
Bank:

Caledonian Bank Limited

Grand Cayman

A/C Number: 118984-20230

SWIFT:
CBTLKYKY

 

Beneficiary
Reference: 

Account Name: TCA Global Credit Master
Fund, LP 

Account Number: 
0201420310849001

 

ARTICLE
II

 

Section
2.01Secured Nature of Debenture. This Debenture
is being issued
in connection with the Purchase Agreement.
The indebtedness evidenced
by this Debenture
is also secured by
all of the
assets and property of the Company and
various other instruments and documents
referred to in the
Purchase Agreement as the “Transaction Documents”. All of the agreements,
conditions, covenants, provisions,
representations, warranties and
stipulations contained in any of
the Transaction Documents which
are to be kept and performed by the Company
are hereby made a part of this Debenture to the
same extent and with the same force and effect as if
they were fully set forth herein, and the Company covenants and
agrees to keep and perform them,
or cause them to be kept or performed, strictly
in accordance with their terms.

 

    	3

    	 

    

 

ARTICLE
III

 

Section
3.01Events of Default.
The occurrence of
any of the
following events shall constitute
an “Event of Default”
hereunder: (i) the Company shall fail
to pay any interest,
principal or
other charges due under this Debenture or any other
Transaction Documents on the date when any such payment
shall be due and payable; (ii) the Company
makes an assignment for the benefit of creditors; (iii) any order or decree is
rendered by a court which appoints or requires the appointment of a receiver,
liquidator or trustee for the
Company, and the order or decree is not vacated within thirty (30) days from
the date of entry thereof; (iv) any order or decree is
rendered by a court adjudicating the Company insolvent, and the order or decree
is not vacated within thirty (30) days
from the date of entry thereof; (v) the Company files a petition in bankruptcy
under the provisions of any bankruptcy law or any insolvency act; (vi) the Company admits, in
writing, its inability to pay its debts as they
become due; (vii) a proceeding or petition
in bankruptcy is filed against
the Company and such proceeding or petition
is not dismissed within thirty (30) days from the date it
is filed; (viii) the Company files a petition
or answer seeking reorganization or arrangement under the bankruptcy laws or any law or statute of the United States
or any other foreign country or state; and (ix) the Company shall fail to perform,
comply with or abide by any of the stipulations,
agreements, conditions and/or covenants contained in this Debenture or any
of the other Transaction Documents on
the part of the Company to be performed complied with or abided by, and such failure
continues or remains uncured for ten (10) days following written notice from
the Holder to the Company.

 

Section
3.02Remedies. Upon the
occurrence of an
Event of Default
that is not timely cured
within an applicable
cure period hereunder, the
interest on this Debenture shall immediately
accrue at an interest rate
equal to eighteen percent (18%) per annum, and,
in addition to all other rights or remedies the
Holder may have, at law or in equity, the Holder may, in its sole discretion, accelerate
full repayment of all principal amounts outstanding hereunder, together with accrued
interest thereon, together with redemption premiums due thereon, together with all attorneys’
fees, paralegals’ fees and costs and expenses incurred
by the Holder in collecting or enforcing payment hereof (whether such fees,
costs or expenses are incurred in negotiations, all trial and appellate levels,
administrative proceedings, bankruptcy proceedings or
otherwise), and together with all other sums due by
the Company hereunder and under the
Transaction Documents, all without
any relief whatsoever from any valuation or appraisement laws, and payment
thereof may be enforced and recovered in whole
or in part at any time by one or more
of the remedies provided to the Holder
at law, in equity, or under this Debenture
or any of the other Transaction Documents. In connection with
the Holder’s rights hereunder upon an Event of Default,
the Holder need not provide, and the
Company hereby waives, any presentment, demand, protest or other notice
of any kind, and the Holder may immediately enforce any and
all of its rights and remedies hereunder and all other remedies available to it in equity or under
applicable law.

 

Upon the occurrence
of an Event of Default, in addition to any other rights or remedies the Holder may have under the Transaction Documents or applicable
law, the Holder shall have the right, but not the obligation, to cause the Confession of Judgment to be entered into a court of
competent jurisdiction.

 

    	4

    	 

    

 

ARTICLE
IV

 

Section
4.01 Usury Savings Clause.
Notwithstanding any provision
in this Debenture or
the other Transaction
Documents to the
contrary, the total
liability for payments of interest
and payments in the nature of interest, including,
without limitation, all charges, fees, exactions, or
other sums which may at any time be deemed to be interest, shall not exceed the limit
imposed by the usury laws of the jurisdiction governing this Debenture or any
other applicable law. In the event the total liability of
payments of interest and payments in the
nature of interest, including, without
limitation, all charges, fees, exactions
or other sums which may at any time be deemed
to be interest, shall, for
any reason whatsoever, result
in an effective
rate of interest, which for any
month or other interest payment
period exceeds the limit imposed by
the usury laws of the jurisdiction governing this Debenture, all sums in excess of those
lawfully collectible as interest for the
period in question shall, without further
agreement or notice by, between, or to any party hereto, be applied to the
reduction of the outstanding principal
balance due hereunder immediately upon receipt
of such sums by the Holder
hereof, with the same force
and effect as though the Company had specifically designated
such excess sums to be so applied to
the reduction of the principal balance then
outstanding, and the Holder hereof
had agreed to accept such sums as a penalty-free payment of principal; provided,
however, that the Holder may, at any time and from time to time,
elect, by notice in writing to the Company, to waive, reduce, or limit the collection
of any sums in excess of those lawfully
collectible as interest, rather
than accept such sums
as a prepayment of the principal
balance then outstanding. It is the intention
of the parties that the Company does not intend
or expect to pay, nor does the Holder intend or expect to
charge or collect any
interest under this Debenture greater than
the highest non-usurious rate of interest which may be charged under applicable law.

 

ARTICLE
V

 

Section
5.01No Exemption. The
Company hereby waives
and releases all
benefit that might accrue
to the Company
by virtue of
any present or
future laws exempting
any property that may serve as security for
this Debenture, or any other property,
real or personal, or any part of the proceeds arising from any sale of any such property,
from attachment, levy, or sale under execution, exemption from civil process, or extension
of time for payment; and the Company agrees that any property that may be levied upon
pursuant to a judgment obtained by virtue hereof,
on any writ of execution issued
thereon, may be sold upon any such writ
in whole or in part in any order or manner
desired by Holder.

 

Section
5.02 Exercise of
Remedies. The remedies
of the Holder
as provided herein and
in any of
the other Transaction Documents shall be cumulative and
concurrent and may be pursued singly, successively or
together, at the sole discretion of the Holder, and may be exercised
as often as occasion therefor shall
occur; and the failure to exercise any such
right or remedy shall in no event be construed as a waiver or release thereof.

 

Section
5.03 Waivers. The
Company and all
others who are,
or may become
liable for the payment
hereof: (i) severally
waive presentment for payment, demand, notice
of nonpayment or dishonor, protest and notice of protest
of this Debenture or any
other Transaction Documents, and all other notices
in connection with the delivery,
acceptance, performance, default, or enforcement
of the payment of this
Debenture and the other Transaction Documents, except as specifically provided
in this Debenture or any other Transaction Document; (ii) expressly consent
to all extensions of time,
renewals or postponements of time
of payment of this Debenture and any other
Transaction Documents from time to time
prior to or after the maturity of
this Debenture without notice, consent or further consideration to any of the foregoing; (iii) expressly agree that the
Holder shall not be required first to institute
any suit, or to exhaust its remedies against
the Company or any other person or party to become
liable hereunder or against any collateral
that may secure this Debenture in
order to enforce the payment of this Debenture; and (iv) expressly agree that,
notwithstanding the occurrence of
any of the
foregoing (except the express written
release by the Holder of any such
person), the undersigned shall be
and remain, directly and primarily liable for all
sums due under this Debenture.

 

    	5

    	 

    

 

Section
5.04 No Waiver.
Holder shall not
be deemed, by
any act of
omission or commission, to
have waived any
of its rights or remedies hereunder
unless such waiver is in writing and signed by Holder, and then only
to the extent specifically set forth in the writing. A waiver on one
event shall not be construed as continuing or as
a bar to or waiver of any right or
remedy to a subsequent event.

 

ARTICLE
VI

 

Section
6.01 Notice. Any notices,
consents, waivers, or
other communications required or
permitted to be
given under the
terms of this
Debenture must be in writing and in each case properly addressed
to the party to receive the same in accordance
with the information below, and will be
deemed to have been delivered:
(i) if mailed by certified mail, return
receipt requested, postage prepaid and properly addressed to the address below,
then three (3) business days after deposit of same
in a regularly maintained U.S. Mail receptacle;
or (ii) if mailed by Federal Express, UPS or other nationally recognized
overnight courier service, next business morning delivery, then one (1) business day after deposit of same in a regularly
maintained receptacle of such overnight courier;
or (iii) if hand delivered, then
upon hand delivery thereof to the address indicated
on or prior to 5:00 p.m ., EST,
on a business day. Any notice hand delivered
after 5:00 p.m., EST, shall be
deemed delivered on the following
business day. Notwithstanding the foregoing,
notice, consents, waivers or other communications referred to in this
Debenture may be sent by facsimile, e-mail, or other method
of delivery, but shall be deemed to have
been delivered only when the
sending party has confirmed (by reply e-mail or some other form of written confirmation
from the receiving party) that the notice has been received by
the other party. The addresses and facsimile numbers
for such communications shall be as
set forth below, unless such address or
information is changed by a notice conforming
to the requirements hereof.

 

	 	If to the Company:	 	OSL Holdings, Inc.
	 	 	 	1669 Edgewood Road, Suite 214,
	 	 	 	Yardley, PA 10967
	 	 	 	Attention: Bob Rothenberg
	 	 	 	Telephone: (845) 363-6776
	 	 	 	Facsimile: (845) 363-6779
	 	 	 	E-Mail: bob@oslholdings.com
	 	 	 	 
	 	With a copy to:	 	Legal & Compliance, LLC
	 	(which shall not constitute notice)	 	330 Clematis Street, Suite 217
	 	 	 	West Palm Beach, FL 33401
	 	 	 	Attention: Laura Anthony, Esq.
	 	 	 	Telephone: (561) 515-0936
	 	 	 	Facsimile: (561) 514-0832
	 	 	 	E-Mail: lanthony@legalandcompliance.com

 

    	6

    	 

    

 

	 	If to the Holder:	 	TCA Global Credit Master Fund, LP
	 	 	 	3960 Howard Hughes Parkway, Suite 500
	 	 	 	Las Vegas, NV 89196
	 	 	 	Attn: Mr. Robert Press
	 	 	 	Telephone: (702) 990-3752
	 	 	 	Facsimile: (973) 807-1813
	 	 	 	E-Mail: bpress@tcaglobalfund.com
	 	 	 	 
	 	With a copy to:	 	Lucosky Brookman LLP
	 	(which shall not constitute notice)	 	101 Wood Avenue South, 5th Floor
	 	 	 	Woodbridge, NJ 08830
	 	 	 	Attn: Seth A. Brookman, Esq.
	 	 	 	Telephone: (732) 395-4400
	 	 	 	Facsimile: (732) 395-4401
	 	 	 	E-Mail: sbrookman@lucbro.com

Section
6.02 Governing Law
and Venue. The
Company and Holder
each irrevocably agrees that
any dispute arising
under, relating to,
or in connection with,
directly or indirectly, this Debenture or related to any matter which
is the subject of or incidental to this Debenture (whether or not such claim
is based upon breach of contract or tort) shall be subject to the exclusive
jurisdiction and venue of the state
and/or federal courts located in Broward County, Florida. This
provision is intended to be a “mandatory”
forum selection clause and governed by and interpreted consistent with Florida
law. The Company and Holder each hereby consents
to the exclusive jurisdiction and venue of any
state or federal court
having its situs in said county, and
each waives any objection based on forum non conveniens.
The Company hereby waives personal service of
any and all process and consent that
all such service of process may
be made by certified mail, return receipt requested, directed to
the Company, as set forth herein in the
manner provided by applicable statute, law, rule of court
or otherwise. Except for the
foregoing mandatory forum selection clause,
all terms and provisions
hereof and the rights
and obligations of the Company and
Holder hereunder shall be governed, construed and interpreted in accordance with the
laws of the State of Nevada, without
reference to conflict of laws principles.

 

Section 6.03 Severability.
In the event any one or more of the provisions of this Debenture shall for any reason be held to be invalid, illegal, or unenforceable,
in whole or in part, in any respect, or in the event that any one or more of the provisions of this Debenture operates or would
prospectively operate to invalidate this Debenture, then and in any of those events, only such provision or provisions shall be
deemed null and void and shall not affect any other provision of this Debenture. The remaining provisions of this Debenture shall
remain operative and in full force and effect and shall in no way be affected, prejudiced, or disturbed thereby.

 

    	7

    	 

    

 

Section 6.04 Entire
Agreement and Amendments. This Debenture, together with the other Transaction Documents represents the entire agreement between
the parties hereto with respect to the subject matter hereof and thereof, and there are no representations, warranties or commitments,
except as set forth herein and therein. This Debenture may be amended only by an instrument in writing executed by the parties
hereto.

 

Section 6.05 Binding
Effect. This Debenture shall be binding upon the Company and the successors and assigns of the Company and shall inure to the
benefit of the Holder and the successors and assigns of the Holder.

 

Section 6.06 Assignment.
The Holder may from time to time sell or assign, in whole or in part, or grant participations in, this Debenture and/or the obligations
evidenced hereby without the consent of the Company. The holder of any such sale, assignment or participation, if the applicable
agreement between Holder and such holder o provides, shall be: (i) entitled to all of the rights obligations and benefits of Holder
(to the extent of such holder’s interest or pa1ticipation); and (ii) deemed to hold and may exercise the rights of setoff
or banker’s lien with respect to any and all obligations of such holder to the Company (to the extent of such holder s interest
or participation) , in each case as fully as though the Company was directly indebted to such holder. Holder may in its discretion
give notice to the Company of such sale, assignment or participation; however, the failure to give such notice shall not affect
any of Holder’s or such holder’s rights hereunder.

 

Section 6.07Lost
or Mutilated Debenture. If this Debenture shall be mutilated, lost, stolen or destroyed the Company shall execute and deliver,
in exchange and substitution for and upon cancellation of a mutilated Debenture or in lieu of or in substitution for a lost, stolen
or destroyed Debenture a new Debenture for the principal amount of this Debenture so mutilated, lost stolen or destroyed , but
only upon receipt of evidence of such loss, theft or destruction of such Debenture, and of the ownership hereof, reasonably satisfactory
to the Company.

 

Section 6.08
WAIVER OF JURY TRIAL. THE
COMPANY HEREBY KNOWINGLY, VOLUNTARILY,
INTENTIONALLY AND IRREVOCABLY
WAIVES ALL RIGHT
TO A TRIAL BY
JURY WITH RESPECT TO ANY LITIGATION
BASED ON THIS DEBENTURE, OR ARISING OUT
OF, UNDER OR IN CONNECTION WITH, THIS
DEBENTURE OR ANY OTHER TRANSACTION DOCUMENTS,
OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN)
OR ACTIONS OF OR BETWEEN ANY PARTY HERETO, AND THE COMPANY
AGREES AND CONSENTS TO THE GRANTING
TO HOLDER OF RELIEF FROM ANY STAY
ORDER WHICH MIGHT BE ENTERED BY ANY COURT AGAINST HOLDER AND TO ASSIST
HOLDER IN OBTAINING SUCH RELIEF. THIS PROVISION IS A MATERIAL INDUCEMENT FOR HOLDER ACCEPTING THIS DEBENTURE FROM THE COMPANY.
THE COMPANY’S REASONABLE RELIANCE UPON SUCH INDUCEMENT I HEREBY ACKNOWLEDGED.

 

Section
6.09 NON-US STATUS. THE HOLDER
IS A NON-US
PERSON AS THAT TERM
IS DEFINED IN
THE UNITED
STATES INTERNAL
REVENUE CODE. IT IS HEREBY AGREED AND UNDERSTOOD THAT THE OBLIGATIONS HEREUNDER MAY
BE SOLD ONLY TO NON-U.S. PERSON. THE INTEREST
PAYABLE HEREUNDER IS PAYABLE ONLY OUTSIDE
THE UNITED STATES. ANY U.S.
PERSON WHO HOLDS THIS OBLIGATION WILL BE SUBJECT TO LIMITATIONS UNDER THE UNITED
STATES INCOME TAX LAW. BY ACCEPTING THIS OBLIGATION, THE HOLDER REPRESENTS AND WARRANT THAT IT IS
NOT A UNITED STATES PERSON (OTHER THAN AN
EXEMPT RECIPIENT DESCRIBED IN SEC
6049(8)(4) OF THE INTERNAL REVENUE CODE AND REGULATIONS
THEREUNDER) AND THAT IT IS NOT ACTING FOR OR ON BEHALF OF A
UNITED STATE PERSON (OTHER THAN AN EXEMPT RECIPIENT DESCRIBED IN SEC. 6049(B)(4)
OF THE INTERNAL REVENUE CODE AND THE REGULATIONS
THEREUNDER).

 

    	8

    	 

    

 

ARTICLE
VII

 

Section
7.01 Conversion of Debenture.
At any time
and from time
to time while
this Debenture is outstanding
on or after the Closing Date, if mutually agreed upon by the parties or upon the occurrence of
an Event of Default
at the sole option of the
Holder, this
Debenture may be, convertible into shares of
the Company’s
common stock, $0.001 par value
per share
(the “Common
Stock”) in
accordance with
the terms and conditions
set forth in this Article VII.

 

(1) Voluntary
Conversion.
At any time
while this Debenture
is outstanding on or
after the Closing
Date, upon the
occurrence of
an Event of Default,
the Holder may convert
all or any portion of the outstanding
principal accrued and unpaid interest
redemption premium and any other sums due and payable hereunder
or under any
of the
other Transaction Documents
(such total amount, the “Conversion
Amount”) into shares of
Common Stock of the Company
(the “Conversion Shares”) at
a price
equal to: (i)
the Conversion
Amount (the numerator);
divided by
(ii) eighty five percent (85%)
of the lowest volume weighted average price of the Company’s
Common Stock during the five (5) trading days
immediately prior to the Conversion
Date (as defined
below), as indicated
in the conversion notice
(in the form attached hereto
as Exhibit “B” the
“Conversion
Notice”)
(the denominator)
(the “Conversion
Price”). The
Holder shall
submit
a Conversion Notice indicating
the amount of the Debenture
being converted and the number
of Conversion Shares issuable
upon such conversion, and where
the Conversion Shares should be
delivered.

 

(2) The
Holder’s Conversion
Limitations.
The Company
shall not
affect any conversion
of this
Debenture, and the
Holder shall
not have the
right to convert any portion of this Debenture,
to the extent that after giving
effect to the conversion
set forth on the Conversion Notice submitted by the Holder, the
Holder (together with the Holder’s affiliates (as defined herein) and any Persons acting as a group together with
the Holder or any of the Holder’s affiliates) would beneficially own
in excess of the Beneficial Ownership
Limitation (as defined herein). To ensure
compliance with this restriction, prior to delivery of any Conversion Notice,
the Holder shall have the right to request
that the Company provide to the Holder a written statement
of the percentage ownership of the Company’s
Common Stock that would by beneficially
owned by the Holder and its affiliates
in the Company if the Holder converted such
portion of this Debenture then intended to be converted
by Holder. The Company shall, within two
(2) business days of such request, provide Holder with the requested information
in a written statement, and the Holder shall be entitled to rely on such
written statement from the Company
in issuing its Conversion Notice and ensuring that
its ownership of the Company’s Common Stock
is not in excess
of the Beneficial Ownership Limitation. The
restriction described in this Section may be
waived by Holder, in whole or in part, upon
notice from the Holder to the
Company. For purposes of this Debenture, the “Beneficial Ownership Limitation”
shall be 4.99% of the number of shares
of Common Stock outstanding immediately after giving effect to
the issuance of
shares of Common Stock issuable upon
conversion of this Debenture. The limitations contained in this Section shall apply
to a successor holder of this Debenture. For purposes of this
Debenture, “Person” means an individual, a
limited liability company, a partnership,
a joint venture, a corporation, a trust, an unincorporated organization or a government
or any department or agency thereof.

 

    	9

    	 

    

 

(3) Mechanics
of Conversion. The conversion
of this Debenture shall
be conducted in the
following manner:

 

(a) Holder’s
Delivery Requirements. To convert this
Debenture into shares of
Common Stock on any
date set forth
in the Conversion
Notice by the Holder
(the “Conversion Date”), the
Holder shall transmit by facsimile or electronic mail (or otherwise deliver)
a copy of the fully executed Conversion
Notice to the Company
(or, under certain circumstances as set forth below,
by delivery of the Conversion Notice to the Company’s transfer agent).

 

(b) Company’s
Response. Upon receipt
by the Company
of a copy
of a Conversion Notice,
the Company shall
as soon as practicable, but in no
event later than two (2) Business
Days after receipt of such Conversion Notice,
send, via facsimile or electronic mail (or
otherwise deliver) a confirmation of receipt of such Conversion Notice (the “Conversion Confirmation”) to the
Holder indicating
that the Company will process such Conversion
Notice in accordance with the terms herein. In the event
the Company fails to issue its Conversion
Confirmation within said two (2) Business Day
time period, the Holder shall
have the absolute and irrevocable right and authority to deliver the fully executed Conversion Notice to the Company’s
transfer agent, and pursuant
to the terms of
the Purchase Agreement, the Company’s
transfer agent shall issue the applicable Conversion Shares to Holder as
hereby provided. Within five (5) Business Days after the
date of the Conversion Confirmation (or the date of the
Conversion Notice, if the Company fails to issue the Conversion Confirmation),
provided that the Company’s transfer agent is participating in the Depository Trust
Company (“DTC”) Fast Automated Securities Transfer (“FAST”)
program, the Company shall cause the transfer
agent to (or, if for any reason
the Company fails to instruct or cause its
transfer agent to so act, then pursuant to the Purchase Agreement,
the Holder may request and require the Company’s transfer agent to) electronically
transmit the applicable Conversion Shares
to which the Holder shall be entitled by crediting
the account of the
Holder’s prime broker with
DTC through its Deposit Withdrawal Agent Commission (“DWAC”) system, and
provide proof satisfactory to the Holder of such delivery.
In the event that the Company’s transfer agent
is not participating in the DTC FAST program and
is not otherwise DWAC eligible
(or in the event the Holder otherwise
requests), within
five (5) Business Days after the date of the
Conversion Confirmation (or the date of
the Conversion Notice, if the
Company fails to issue
the Conversion Confirmation), the
Company shall instruct and cause its transfer agent to (or, if for any reason the
Company fails to instruct or cause its
transfer agent to so
act, then pursuant to the
Purchase Agreement, the Holder may
request and require the Company’s transfer
agent to) issue and surrender to a nationally recognized overnight courier for delivery
to the address specified in the
Conversion Notice, a certificate, registered in
the name of the Holder or its nominee,
for the number
of Conversion Shares to which the Holder shall be
entitled. To effect conversions hereunder,
the Holder shall not be required
to physically surrender this Debenture
to the Company unless the entire principal
amount of this Debenture, plus all accrued and unpaid
interest thereon and other sums due
hereunder, has been so converted. Conversions hereunder shall
have the effect of
lowering the outstanding principal amount
of this Debenture in
an amount equal to the
applicable conversion. The Holder and the Company shall maintain records showing
the principal amount(s) converted and the date of such conversion(s).
The Holder, and any assignee by
acceptance of this Debenture, acknowledge and agree that, by reason
of the provisions of this paragraph, following conversion of a portion of this
Debenture, the unpaid and unconverted principal amount of this Debenture may be less
than the amount stated on
the face hereof.

 

    	10

    	 

    

 

(c) Record
Holder. The Person(s)
entitled to receive
the shares of Common
Stock issuable upon
a conversion of
this Debenture shall
be treated for all purposes as the record holder(s) of such shares of Common
Stock as of the Conversion Date.

 

(d) Failure
to Deliver Certificates. If in the case of any Conversion Notice, the certificate or certificates are not delivered to or
as directed by the Holder by the date required hereby, the Holder shall be entitled to elect by written notice to the Company
at any time on or before its receipt of such certificate or certificates, to rescind such Conversion Notice, in which event the
Company shall promptly return to the Holder any original Debenture delivered to the Company and the Holder shall promptly return
to the Company the Common Stock certificates representing the principal amount of this Debenture unsuccessfully tendered for conversion
to the Company.

 

(e) Obligation
Absolute; Partial Liquidated
Damages. The Company’s
obligations to issue
and deliver the
Conversion Shares upon
conversion of this Debenture in
accordance with the terms
hereof are absolute and unconditional,
irrespective of any action or inaction
by the Holder to enforce the same,
any waiver or consent
with respect to
any provision hereof, the recovery of any
judgment against any person or entity or
any action to enforce the same, or any setoff, counterclaim, recoupment, limitation
or termination, or any breach or alleged
breach by the Holder or any other person
or entity of any obligation to the Company
or any violation or alleged violation of law
by the Holder or any other person
or entity, and irrespective of any other circumstance
which might otherwise limit such obligation
of the Company to the Holder in connection with the
issuance of such Conversion Shares;
provided, however, that such delivery shall not operate as a waiver by the Company
of any such action the Company may have against the
Holder. In the
event the Holder of
this Debenture shall elect to convert any or all of the outstanding principal amount hereof
and accrued but unpaid interest thereon in accordance with the terms of this Debenture, the Company may not refuse conversion
based on any claim that the Holder or anyone associated or affiliated with the Holder has been engaged in any violation of law,
agreement or for any other reason, unless an injunction from a court, on notice to Holder, restraining and or enjoining conversion
of all or part of this Debenture shall have been sought and obtained, and the Company posts a surety bond for the benefit of the
Holder in the amount of 150% of the outstanding principal amount of this Debenture being converted, which is subject to the injunction,
which bond shall remain in effect until the completion of arbitration/litigation of the underlying dispute and the proceeds of
which shall be payable to such Holder to the extent it obtains judgment. In the absence of such injunction, the Company shall
issue Conversion Shares upon a properly noticed conversion. If the Company fails for any reason to deliver to the Holder such
certificate or certificates representing Conversion Shares pursuant to timing and delivery requirements of this Debenture, the
Company shall pay to such Holder, in cash, as liquidated damages and not as a penalty, for each $1,000 of principal amount being
converted, $1.00 per day for each day after the date by which such certificates should have been delivered until such certificates
are delivered. Nothing herein shall limit a Holder’s right to pursue actual damages or declare an Event of Default pursuant
to this Debenture or any agreement securing the indebtedness under this Debenture for the Company’s failure to deliver Conversion
Shares within the period specified herein and such Holder shall have the right to pursue all remedies available to it hereunder,
at law or in equity, including, without limitation, a decree of specific performance and/or injunctive relief. The exercise of
any such rights shall not prohibit the Holder from seeking to enforce damages pursuant to any other Section hereof or under applicable
law. Nothing herein shall prevent the Holder from having the Conversion Shares issued directly by the Company’s transfer
agent in accordance with the Purchase Agreement, in the event for any reason the Company fails to issue or deliver, or cause its
transfer agent to issue and deliver, the Conversion Shares to the Holder upon exercise of Holder’s conversion rights hereunder.

 

    	11

    	 

    

 

(f) Transfer
Taxes. The issuance
of certificates for
shares of the Common
Stock on conversion
of this Debenture
shall be made without charge
to the Holder hereof for any documentary
stamp or similar taxes, or any other issuance
or transfer fees of any nature
or kind that may be payable in
respect of the issue or delivery of such
certificates, any such taxes or fees, if payable, to be paid
by the Company.

 

(4) Reservation
of Common Stock. The Company shall take all action reasonably necessary to at all times have authorized, and reserved for
the purpose of issuance, such number of shares of Common Stock as shall be necessary to effect the full conversion of the Debenture
in accordance with its terms (the “Share Reserve”).  If the Share Reserve is insufficient to effect the
full conversion of the Debenture then outstanding, upon receipt of the conversion notice, the Company shall increase the Share
Reserve accordingly within sixty (60) days of such notice.  If the Company does not have sufficient authorized and unissued
shares of Common Stock available to increase the Share Reserve, the Company shall call and hold a special meeting of the shareholders,
or take action by the written consent of the holders of a majority of the outstanding shares of Common Stock, if possible, for
the sole purpose of increasing the number of shares authorized to an amount of shares equal to the Conversion Shares. The Company’s
management shall recommend to the shareholders to vote in favor of increasing the number of shares of Common Stock authorized.

 

(5) Make-Whole
Rights. Upon liquidation
by the Holder
of Conversion
Shares issued pursuant to
a Conversion Notice,
provided that the Holder realizes
a net amount from such liquidation equal
to less than the Conversion Amount specified in
the relevant Conversion Notice (such net realized amount, the “Realized
Amount”), the Company shall issue to the
Holder additional shares of the Company’s Common Stock equal to:
(i) the Conversion Amount specified in
the relevant Conversion Notice; minus (ii) the Realized Amount, as evidenced
by a reconciliation statement from the Holder (a “Sale Reconciliation”)
showing the Realized Amount from the sale of the Conversion Shares;
divided by (iii) the average volume
weighted average price of the Company’s
Common Stock during the five (5) Business Days immediately prior to the date upon
which the Holder delivers notice
(the “Make-Whole Notice”) to the Company that such additional shares
are requested by the
Holder (the “Make-Whole Stock
Price”) (such number of additional shares to
be issued, the “Make-Whole Shares”). Upon receiving the
Make-Whole Notice and Sale Reconciliation
evidencing the number of Make-Whole
Shares requested, the Company shall instruct its
transfer agent to issue certificates representing
the Make-Whole Shares, which Make-Whole
Shares shall be issued and delivered in
the same manner and within the
same time frames as set forth herein. The Make-Whole Shares, when issued, shall
be deemed to be validly issued, fully paid, and non-assessable shares of the
Company’s Common Stock. Following the sale of the Make-Whole Shares by the Holder:
(i) in the event that the Holder receives net proceeds from such sale which, when added to the Realized Amount from the
prior relevant Conversion Notice, is less than the Conversion Amount specified in the
relevant Conversion Notice, the Holder shall deliver an additional Make-Whole
Notice to the Company following the procedures provided previously in
this paragraph, and such procedures and
the delivery of Make-Whole Notices and issuance of Make-Whole Shares shall continue until
the Conversion Amount has been fully satisfied; and (ii) in the event that the
Holder received net proceeds from the sale
of Make-Whole Shares in excess of the Conversion Amount specified in the relevant
Conversion Notice, such excess amount shall be applied to satisfy
any and all amounts owed hereunder in excess of the Conversion
Amount specified in the relevant
Conversion Notice.

 

    	12

    	 

    

 

(6) Adjustments
to Conversion Price.

 

(a) Stock
Dividends and Stock
Splits. If the Company,
at any time
while this Debenture is
outstanding: (i) pays
a stock dividend
or otherwise makes a distribution or distributions payable
in shares of Common Stock on outstanding
shares of Common Stock, (ii) subdivides outstanding shares of
Common Stock into a larger number
of shares, (iii) combines (including by way of a reverse
stock split) outstanding shares of Common
Stock into a smaller number of
shares, or (iv) issues, in the event of
a reclassification of shares of Common
Stock, any shares of capital stock of the Company, then the Conversion
Price shall be multiplied by a fraction, the numerator
of which shall be the number of shares
of Common Stock (excluding any treasury shares of the Company) outstanding immediately
before such event, and the denominator of which
shall be the number of shares of Common
Stock outstanding immediately after
such event. Any adjustment made
pursuant to this Section shall become effective immediately after the
record date for the determination of stockholders entitled
to receive such dividend or distribution
and shall become effective immediately
after the effective date in the case of a subdivision, combination, or re-classification.

 

(b) Fundamental
Transaction. If, at
any time while
this Debenture is outstanding:
(i) the Company effects any
merger or consolidation
of the Company
with or into another Person, (ii) the
Company effects any sale of all or
substantially all of its assets in
one transaction or a series of related transactions, (iii) any tender offer
or exchange offer (whether by the Company or another Person) is
completed pursuant to which holders of Common Stock
are permitted to tender or exchange their shares for other securities, cash or property, or (iv) the Company
effects any reclassification of the Common Stock or any compulsory share exchange
pursuant to which the Common Stock is effectively converted into or exchanged for other securities, cash
or property (in any such case, a
“Fundamental Transaction”), then upon any subsequent conversion of
this Debenture, the Holder shall have the right to receive, for each Conversion
Share that would have been issuable upon such conversion immediately
prior to the occurrence of such Fundamental Transaction,
the same kind and
amount of securities, cash or property as it would
have been entitled to receive upon the
occurrence of such Fundamental Transaction if it had
been, immediately prior to such Fundamental
Transaction, the holder of one (1) share of Common Stock (the
“Alternate Consideration”). For purposes of any such conversion,
the determination of the Conversion Price shall
be appropriately adjusted to apply
to such Alternate Consideration based on the amount of Alternate Consideration issuable
in respect of one (1) share of Common Stock in such Fundamental Transaction,
and the Company shall apportion the Conversion
Price among the Alternate
Consideration in a reasonable manner reflecting the relative value of any different
components of the Alternate Consideration. If holders of
Common Stock are given any choice as to the securities, cash or property to
be received in a Fundamental Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it
receives upon any conversion of this Debenture following such Fundamental Transaction.
To the extent necessary to effectuate the foregoing provisions, any successor to
the Company or surviving entity in such
Fundamental Transaction shall issue to the Holder a new note consistent with the foregoing provisions and evidencing the
Holder’s right to convert such note into Alternate Consideration. The
terms of any agreement pursuant to which a Fundamental Transaction is effected
shall include terms requiring any such successor or surviving entity to comply with the provisions of
this Section and insuring that this Debenture (or any such replacement security) will be similarly adjusted upon
any subsequent transaction analogous to a Fundamental Transaction.

 

(c) Adjustment
to Conversion Price.
Whenever the Conversion
Price is adjusted pursuant
to any provision
of this Debenture,
the Company shall
promptly deliver to Holder a notice
setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

 

    	13

    	 

    

 

(d) Notice
to Allow Conversion
by Holder. If (A)
the Company shall declare a
dividend (or any
other distribution in
whatever form) on the Common Stock, (B)
the Company shall declare a special nonrecurring
cash dividend on or a redemption
of the Common Stock, (C) the Company shall authorize the granting
to all holders of the Common Stock
of rights or warrants to subscribe for or purchase any shares of capital stock
of any class or of any rights, (D) the approval
of any stockholders of the Company shall be required in connection with any
reclassification of the Common Stock, any consolidation
or merger to which the Company is a party, any
sale or transfer of all
or substantially all of the assets of
the Company, of any compulsory share exchange whereby the Common Stock is converted
into other securities, cash or property, or
(E) the Company shall authorize the voluntary
or involuntary dissolution, liquidation or winding
up of the affairs of the Company, then,
in each case, the Company shall cause
to be filed at each office or agency maintained for the
purpose of conversion of this Debenture, and shall cause to be delivered to
the Holder at its last address as it shall
appear upon the Company’s records, at least twenty (20)
calendar days prior to the applicable
record or effective date hereinafter specified,
a notice stating: (x) the date on which
a record is to be taken for the purpose of such dividend, distribution, redemption,
rights or warrants, or if a record is not
to be taken, the date as of which the holders of the Common
Stock of record to be entitled to such dividend, distributions, redemption,
rights or warrants are to be determined, or (y) the date on
which such reclassification, consolidation, merger, sale, transfer or share exchange
is expected to become effective or close, and
the date as of which it is expected that holders
of the Common Stock of record shall be entitled to exchange their shares
of the Common Stock for securities, cash or
other property deliverable upon such reclassification, consolidation, merger,
sale, transfer or share exchange is expected to become effective or close, and the date as
of which it is expected that holders of the Common Stock of record shall be entitled to exchange their shares of the Common Stock
for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale, transfer or share
exchange, provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not affect the
validity of the corporate action required to be specified in such notice. The Holder is entitled to convert this Debenture during
the 10-day period commencing on the date of such notice through the effective date of the event triggering such notice.

 

[signature page follows]

 

    	14

    	 

    

 

IN
WITNESS WHEREOF with
the intent
to be legally
bound hereby, the
Company as executed this
Senior Secured, Convertible, Redeemable Debenture as
of the
date first written
above.

 

OSL HOLDINGS, INC.

 

	By:	/s/ Robert H. Rothenberg	 
	Name:	Robert H. Rothenberg, Jr.	 
	Title:	Chief Executive Officer	 

 

    	15

    	 

    

 

CONSENT AND AGREEMENT

 

The undersigned is a Guarantor, as that term
is defined in that certain securities purchase agreement by and between the Company, as borrower,
and the Holder, as lender, and, as such, the undersigned hereby consents and agrees to the payment of the amounts contemplated
in the senior secured, convertible, redeemable debenture, documents contemplated thereby and to the provisions contained therein
relating to conditions to be fulfilled and obligations to be performed by the Company pursuant to or in connection with said senior
secured, convertible, redeemable debenture secured redeemable debenture to the same extent as if the undersigned were a party to
said senior secured, convertible, redeemable debenture.

 

GUARANTOR:

 

OFFICE SUPPLY, INC.

 

	By:	/s/ Mordecai E. Feder	 
	Name:	Mordecai E. Feder	 
	Title:	President	 

 

OSL DIVERSITY MARKETPLACE, INC.

 

	By:	/s/ Mordecai E. Feder	 
	Name:	Mordecai E. Feder	 
	Title:	President	 

 

OSL REWARDS CORPORATION

 

	By:  	/s/ Mordecai E. Feder	 
	Name:	Mordecai E. Feder	 
	Title:	President	 

 

GO GREEN HYDROPONICS INC.

 

	By:	/s/
    Robert H. Rothenberg Jr.	 
	Name:	Robert H. Rothenberg, Jr.	 
	Title:	President	 

 

    	16

    	 

    

 

SCHEDULE A

 

PAYMENT SCHEDULE

 

	 	 	 	 	 	Principal Bal	 	 	interest 
 pmt	 	 	principal
 pmt	 	 	Total Int	 	 	Redemption
 Premium	 	 	Total 
 payment	 	 	Investment
 Banking
 Services	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	11/20/2014	 	 	 	 	 	 	 	 	 	 	17,416.67	 	 	 	 	 	 	 	17,416.67	 	 	 	 	 	 	 	17,416.67	 	 	 	17,416.67	 
	12/20/2014	 	 	 	 	 	 	 	 	 	 	17,416.67	 	 	 	 	 	 	 	34,833.33	 	 	 	 	 	 	 	34,833.33	 	 	 	17,416.67	 
	1/20/2015	 	 	1	 	 	 	1,900,000.00	 	 	 	17,416.67	 	 	 	182,293.60	 	 	 	52,250.00	 	 	 	11,400.00	 	 	 	245,943.60	 	 	 	211,110.26	 
	2/20/2015	 	 	2	 	 	 	1,717,706.40	 	 	 	15,745.64	 	 	 	183,964.62	 	 	 	67,995.64	 	 	 	11,400.00	 	 	 	457,053.86	 	 	 	211,110.26	 
	3/20/2015	 	 	3	 	 	 	1,533,741.79	 	 	 	14,059.30	 	 	 	185,650.96	 	 	 	82,054.94	 	 	 	11,400.00	 	 	 	668,164.12	 	 	 	211,110.26	 
		4/20/2015	 	 	4	 	 	 	1,348,090.82	 	 	 	12,357.50	 	 	 	187,352.76	 	 	 	94,412.44	 	 	 	11,400.00	 	 	 	879,274.38	 	 	 	211,110.26	 
	5/20/2015	 	 	5	 	 	 	1,160,738.06	 	 	 	10,640.10	 	 	 	189,070.16	 	 	 	105,052.54	 	 	 	11,400.00	 	 	 	1,090,384.64	 	 	 	211,110.26	 
	6/20/2015	 	 	6	 	 	 	971,667.90	 	 	 	8,906.96	 	 	 	190,803.31	 	 	 	113,959.50	 	 	 	11,400.00	 	 	 	1,301,494.90	 	 	 	211,110.26	 
	7/20/2015	 	 	7	 	 	 	780,864.59	 	 	 	7,157.93	 	 	 	192,552.34	 	 	 	121,117.42	 	 	 	11,400.00	 	 	 	1,512,605.17	 	 	 	211,110.26	 
	8/20/2015	 	 	8	 	 	 	588,312.25	 	 	 	5,392.86	 	 	 	194,317.40	 	 	 	126,510.28	 	 	 	11,400.00	 	 	 	1,723,715.43	 	 	 	211,110.26	 
	9/20/2015	 	 	9	 	 	 	393,994.86	 	 	 	3,611.62	 	 	 	196,098.64	 	 	 	130,121.90	 	 	 	11,400.00	 	 	 	1,934,825.69	 	 	 	211,110.26	 
	10/20/2015	 	 	10	 	 	 	197,896.21	 	 	 	1,814.05	 	 	 	197,896.21	 	 	 	131,935.95	 	 	 	11,400.00	 	 	 	2,145,935.95	 	 	 	211,110.26	 

 

    	17

    	 

    

 

EXHIBIT B

 

NOTICE OF
CONVERSION

 

The undersigned
hereby elects to convert principal and/or interest under the Senior Secured, Convertible, Redeemable Debenture (the “Debenture”)
issued by OSL Holdings, Inc., a corporation incorporated under the laws of the State of Nevada (the “Company”),
into shares of common stock, par value $0.001 per share (the “Common Shares”), of the Company in accordance
with the conditions of the Debenture, as of the date written below.

 

Based solely on
information provided by the Company to Holder, the undersigned represents and warrants to the Company that its ownership of the
Common Shares does not exceed the Beneficial Ownership Limitation as specified under the Note.

 

	Conversion Calculations	 	 
	Effective Date of Conversion:	 
	Principal Amount and/or Interest to be Converted:	 
	Number of Common Shares to be Issued:	 

 

	 	[HOLDER]
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	Address:	 
	 	 

 

    	18Execution

 

STOCK
PURCHASE AGREEMENT

 

by
and among

 

Jeffrey
Malinovitz

 

and

 

Go
Green Hydroponics Inc., a California corporation,

 

on
the one hand,

 

and

 

OSL
Holdings, Inc., a Nevada corporation,

 

on
the other

 

Dated
as of October 20, 2014

 

    	 

    	 

    

 

Execution

 

TABLE
OF CONTENTS

 

	ARTICLE
    I STOCK PURCHASE	 	1
	 	 	 
	ARTICLE
    II REPRESENTATIONS, COVENANTS, AND WARRANTIES OF THE PURCHASER	 	5
	 	 	 
	ARTICLE
    III REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE COMPANY	 	6
	 	 	 
	ARTICLE
    IV OTHER AGREEMENTS AND COVENANTS	 	9
	 	 	 
	ARTICLE
    V CONDITIONS PRECEDENT TO OBLIGATIONS OF THE SELLER	 	13
	 	 	 
	ARTICLE
    VI CONDITIONS PRECEDENT TO OBLIGATIONS OF THE PURCHASER	 	13
	 	 	 
	ARTICLE
    VII MISCELLANEOUS	 	14

 

    	 

    	 

    

 

Execution

 

STOCK
PURCHASE AGREEMENT

 

This
STOCK PURCHASE AGREEMENT (the “Agreement”) is effective as of October 20, 2014 (the “Effective Date”),
by and among JEFFREY MALINOVITZ, an individual (“Seller”), and
Go Green Hydroponics, Inc., a California corporation (the “Company), on
the one hand, and OSL Holdings, Inc., a Nevada corporation (“Purchaser”),
on the other, with reference to the following facts:

 

RECITALS:

 

A. Seller
owns 750 shares of the Company’s common stock (the “Shares”), which shares represent 50% of the Company’s
issued and outstanding common stock (the “Common Stock”).

 

B. Seller
acknowledges that the simultaneous sale by the other 50% shareholder of the Company, JASON BABADJOV (“Babadjov”),
of all of his right, title and interest in and to the other 50% shareholder interest in the Company (the “Other 50% Interest”)
to Purchaser constitutes a condition precedent to Purchaser’s duties of performance hereunder.

 

C. The
parties have agreed to execute this Agreement in order to memorialize the terms and conditions on which Purchaser shall purchase
the Shares from Seller and Seller shall sell the Shares to Purchaser.

 

AGREEMENTS:

 

NOW,
THEREFORE, in consideration of the mutual promises and covenants herein contained, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser hereby agree as follows:

 

ARTICLE
I

STOCK
PURCHASE

 

1.1 The
Sale and Purchase of Shares of Common Stock. 

 

(a) On
the terms and subject to the conditions set forth in this Agreement, on the Closing Date (defined below), Seller shall sell, assign,
transfer and deliver, free and clear of all liens, pledges, encumbrances, charges, restrictions or known claims of any kind, nature,
or description 750 shares of the Company’s Common Stock (the “Subject Shares”), and Purchaser shall purchase
the Subject Shares from Seller. In consideration of the transfer by Seller of the Subject Shares to Purchaser, and subject to
adjustment pursuant to Section 1.4, below, Purchaser shall deliver to Seller the purchase price of Nine Hundred Thousand
Dollars ($900,000) (the “Purchase Price”). The Subject Shares to be sold to Purchaser herein (the “Purchase”)
are “restricted shares” within the meaning of Rule 144 promulgated under the Securities Act of 1933, as amended (the
“Securities Act”).

 

(b) In
connection with the Purchase, at or prior to Closing:

 

(i) Purchaser
shall deliver or cause to be delivered to Seller at the Closing, (A) a certificate of the chief executive officer of Purchaser,
confirming that the representations and warranties of Purchaser hereunder are true and correct as of the Closing, and that Purchaser
has performed its obligations under this Agreement, and (B) the Purchase Price, by wire transfer in immediately available funds,
and any other documents required to be delivered pursuant to this Agreement, to be held and disbursed by Escrow Agent as set forth
herein; and

 

    	 

    	 

    

 

(ii) Seller
shall deliver to Purchaser (A) a certificate of the confirming that the representations and warranties of Seller hereunder are
true and correct as of the Closing, and that Seller has performed its obligations under this Agreement, (B) all certificates evidencing
the Subject Shares (the “Stock Certificates”), (C) a stock assignment separate from certificate duly endorsed
by Seller for transfer of the Subject Shares to Purchaser, (D) a counterpart signed copy of the Employment Agreement described
below, and (E) any other documents required to be delivered pursuant to this Agreement, to be held and disbursed by Escrow Agent
as set forth herein.

 

(iii)
Company shall deliver to Seller the Employment Agreement between Seller and the Company in the form attached hereto as Exhibit
A (the “Employment Agreement”), duly executed by the Company.

 

(iv) Purchaser
shall have purchased the Other 50% Interest. 

 

1.2 Closing.
The closing of the transactions contemplated by this Agreement shall take place at the offices of the Company or as otherwise
agreed to by the parties (the “Closing”) concurrently with the execution of this Agreement (the “Closing
Date”).

 

1.3 Closing
Events. At the Closing:

 

(a) the
Purchaser shall deliver the Purchase Price as follows:

 

(i) $800,000
of the Purchase Price shall be delivered to Seller by wire transfer of immediately available funds in accordance with wiring instructions
provided by Seller; and 

 

(ii) $100,000
of the Purchase Price (the “Holdback Funds”) shall be delivered to Ingber & Associates (the “Escrow
Agent”), which shall hold and disburse such Holdback Funds in accordance with Sections 1.4 and 1.5,
below. 

 

(b) Purchaser
shall deliver the other Closing Items set forth in Section 1.1(b)(i), above, and the Company shall deliver the Employment Agreement
pursuant to Section 1.1(b)(iii), above; and 

 

(c)
the Seller shall deliver the Closing Items as set forth in Section 1.1(b)(ii) above; and

 

(d) Seller,
the Company and Purchaser shall execute, acknowledge, and deliver (or shall ensure to be executed, acknowledged, and delivered),
any and all certificates, financial statements, schedules, agreements, resolutions, rulings or other instruments required by this
Agreement to be so delivered at or prior to the Closing, together with such other items as may be reasonably requested by the
parties hereto and their respective legal counsel in order to effectuate or evidence the transactions contemplated hereby.

 

1.4 Adjustment
to Purchase Price: NLWC Target.

 

(a) NLWC
Target. The parties agree that if the Company’s Final Net Liquid Working Capital as of the Closing Date is less than
$235,000 (the “NLWC Target Amount”), then the Purchase Price shall be decreased by 50% of the amount by which
(x) $235,000, exceeds (y) the Final Net Liquid Working Capital as of the Closing Date, provided that the amount of the
decrease in the Purchase Price shall not exceed the Holdback Amount.

 

    	2

    	 

    

 

(i) Promptly
following the Closing Date but in all events on or before October 31, 2014, the parties shall cause Torossian & Associates,
LLP (the “Company CPAs”), to prepare the Company’s Balance Sheet as of the Closing Date (the “Closing
Date Balance Sheet”) and to deliver a copy thereof to Seller and Purchaser. The Closing Date Balance Sheet shall be
substantially in the form of the Company’s balance sheet as of September 30, 2014, that is included as part of the “Company
Financial Statements” (as defined in Section 3.13, below), and shall be prepared in accordance with United States
generally accepted accounting principles (“GAAP”). The Closing Date Balance Sheet shall set forth the Company’s
Net Liquid Working Capital (the “Closing Liquid Working Capital”) as of 11:59 p.m., Pacific time on the Closing
Date, as derived from the Closing Date Balance Sheet. Each party shall be given timely access to all supporting workpapers used
by the Company’s CPA in the preparation of the Closing Date Balance Sheet. For purposes of this Agreement, “Net
Liquid Working Capital” means the difference between (x) the Company’s Liquid Current Assets (defined below),
and (y) the Company’s Immediately Due Current Liabilities (defined hereafter). For purposes of this Agreement, the phrase,
“Liquid Current Assets” means cash and near-cash assets immediately convertible into cash, and the phrase “Immediately
Due Current Liabilities” means Company current liabilities reflected on the Closing Date Balance Sheet that are due
and owing on or before October 31, 2014, as well as all credit card charges on all Company credit cards as of the Closing date,
whether or not same are reflected upon the Closing Date Balance Sheet and whether or not same are technically due in accordance
with the terms of such credit cards to be paid by the Company on or before October 31, 2014, in each instance as determined in
accordance with GAAP. By way of example and not limitation, the Company’s cash in bank accounts are deemed Liquid Current
Assets and the Company’s accounts payable, sales tax liabilities and all charges made to the Company’s credit cards
as of the Closing Date, are deemed Immediately Due Current Liabilities. Furthermore, the Company inventory and accounts receivable
are not deemed Liquid Current Assets and any Company liabilities that are not due and owing to creditors
on or before October 31, 2014, are not Immediately Due Current Liabilities.

 

(ii)
Either Seller or Purchaser may dispute any amounts reflected on the Closing Date Balance Sheet or the calculation of Closing Liquid
Working Capital by notifying Purchaser in writing of each disputed item, specifying the amount thereof in dispute and setting
forth, in reasonable detail, the basis for such dispute, within ten (10) days of following the parties’ receipt of the Closing
Date Balance Sheet pursuant to Section 1.4(a)(i). If either Seller or Purchaser delivers a notice of disagreement within
such period of ten (10) days, then during the period of five (5) days following such delivery, each such party shall use good
faith efforts to reach agreement on the disputed items or amounts in order to finally determine the Closing Date Balance Sheet
and Closing Liquid Working Capital. If the Seller and Purchaser are unable to reach agreement concerning the Closing Date Balance
Sheet or Closing Liquid Working Capital during such five (5)-day period, they shall promptly thereafter submit the dispute to
the Accounting Referee for resolution pursuant to Section 1.4(b).

 

(iii)
The Closing Date Balance Sheet and Closing Liquid Working Capital shall be deemed conclusively determined for purposes of
this Agreement upon the date (the “Determination Date”) that is the earliest to occur of (x) the failure
of the Seller and Purchaser to object to the Closing Date Balance Sheet within ten (10) days following receipt thereof, or
(y) the written resolution of all disputes pursuant to Section 1.4(a)(ii) by Purchaser and the Seller, and (z) the
resolution of all disputes by the Accounting Referee pursuant to Section 1.4(b), below. The final Closing Date Balance
Sheet that is approved in accordance with the foregoing clause (x), (y) or (z), as applicable, is referred to herein as the
“Final Closing Date Balance Sheet.” Within three (3) Business Days of the Determination Date, if the
difference of (A) the Closing Liquid Working Capital minus (B) the NLWC Target Amount is not zero, then:

 

(A) to
the extent such difference is negative (the absolute value of such negative amount, the “Purchaser Adjustment Amount”),
the Seller and Purchaser shall jointly instruct the Escrow Agent in writing to transfer from the Holdback Amount (x) to the Company
an amount equal to the 50% of the Purchaser Adjustment Amount (up to the $100,000 amount held by Escrow Agent), and the Purchaser
Adjustment Amount shall be deemed a decrease to the Cash Purchase Price, and (y) to Seller the remaining amounts, if any, held
by Escrow Agent in excess of such Purchaser Adjustment Amount, and

 

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(B)
if such difference is positive (such positive amount, the “Seller Adjustment Amount”), then Seller and Purchaser
shall jointly instruct the Escrow Agent in writing to transfer the entire Holdback Amount to Seller.

 

(b) Adjustment
Dispute Resolution. If Seller and Purchaser are unable to reach agreement concerning the Closing Date Balance Sheet or Closing
Liquid Working Capital pursuant to Section 1.4(a), then they shall submit such dispute to regionally recognized, mid-sized
independent accounting firm based in Los Angeles County, California, selected by Seller and reasonably acceptable to Purchaser
(the “Accounting Referee”) for resolution pursuant to this Section 1.4(a) and shall instruct the Accounting
Referee to review the disputed items or amounts for the purpose of final determination of the Closing Date Balance Sheet and the
calculation of Closing Liquid Working Capital, as the case may be. In making such determination and calculations, the Accounting
Referee shall consider only those items or amounts in the Closing Date Balance Sheet as to which the parties have disagreed in
writing. Purchaser and the Seller shall instruct the Accounting Referee to use its commercially reasonable efforts to deliver
to the Seller and Purchaser as promptly as practicable (but in no event later than fourteen (14) days after submission) a report
setting forth the Accounting Referee’s calculation of the disputed amounts. Such report shall be final and binding upon
the Seller, the Seller, and Purchaser and the resulting Closing Date Balance Sheet and calculation of Closing Working Capital
and Closing Indebtedness shall be final for all purposes of this Agreement. The fees and expenses of the Accounting Referee shall
be paid by the Company.

 

1.5 Escrow
of Funds by the Firm.

 

(a) Appointment.
The Parties hereby appoint Ingber & Associates, 30101 Agoura Ct., Ste. 119, Agoura Hills, CA 91301, as the Escrow Agent to
hold and disburse the Holdback Amount.

 

(b)
Deposit and Release of Holdback Amount. Concurrently with the execution of this Agreement, Purchaser shall deposit the
Holdback Amount with Escrow Agent in accordance with wiring instructions provided by Escrow Agent. Escrow Agent shall hold the
Holdback Amount in its non-interest-bearing client trust account, and shall disburse such funds in accordance with the express
terms of this Agreement. Following the determination of the Final Closing Date Balance Sheet pursuant to Section 1.4, above,
Escrow Agent shall disburse the Holdback Amount in accordance with the joint written instructions of Seller and Purchaser provided
pursuant to Section 1.4(a)(iii).

 

(c) Escrow
Agent’s Duties. Escrow Agent shall have only the duties expressly set forth in this Section 1.5.

 

(d) Liability
of Escrow Agent. The Escrow Agent’s sole duty and responsibility hereunder is to receive, hold, and distribute the Holdback
Amount in accordance with the terms of Section 1.4, above, and this Section 1.5. The Escrow Agent’s liability
under this Agreement shall be limited to such duties and responsibilities. The Escrow Agent shall be protected in acting upon
any written notice, request, affidavit, certificate, waiver, consent, receipt, judgment, court order or other paper or document
which Escrow Agent in good faith believes to be genuine and what it purports to be. In performing any of its duties hereunder,
the Escrow Agent shall not incur any liability to anyone for damages, losses or expenses, except for willful default or breach
of trust, and, accordingly, the Escrow Agent shall not incur any such liability with respect to (i) any action taken or omitted
in good faith upon advice of its counsel given with respect to any questions relating to the duties and responsibilities of the
Escrow Agent under this Agreement, or (ii) any action taken or omitted in reliance upon any instrument, including any written
notice, request or instruction provided for in this Agreement, not only as to its due execution and the validity and effectiveness
of its provisions, but also as to the truth and accuracy of any information contained therein, which the Escrow Agent shall in
good faith believe to be genuine, to have been signed or presented by a proper person or persons and to conform with the provisions
of this Agreement. The Escrow Agent shall not be liable for any error or judgment, or for any act done or step taken or omitted
by it in good faith, or for any mistake of fact or law, or for anything which it may do or refrain from doing in connection herewith,
except its own gross negligence or willful misconduct. The Escrow Agent shall have no responsibility with respect to the application
of the Holdback Amount disbursed by it pursuant to the provisions hereof.

 

    	4

    	 

    

 

(e)
Disputes Affecting Holdback Amount. In the event of any disagreement between Seller and Purchaser resulting in adverse
claims and demands being made in connection with the Holdback Amount involved herein or affected hereby, the Escrow Agent shall
be entitled to refuse to comply with any such claims or demands as long as such disagreement may continue, and in so refusing,
shall make no delivery or other disposition of the Holdback Amount then held under this Agreement which is the subject of such
disagreement, and in so doing shall be entitled to continue to refrain from acting until (a) the right of adverse claimants shall
have been finally settled by the Superior Court in and for Santa Barbara County, California, or (b) all differences shall have
been adjusted by written agreement and the Escrow Agent shall have been notified of such agreement in a written notice signed
by both Seller and Purchaser. In the event of any such disagreement, the Escrow Agent may, but need not, interplead the Holdback
Amount in the Superior Court in and for Santa Barbara County, California, at the cost and expense of Purchaser and Seller. The
Escrow Agent shall have no obligation to take any legal action in connection with this Agreement or towards its enforcement, or
to appear in, prosecute or defend any action or legal proceeding which would or might involve the Escrow Agent in any cost, expense,
loss or liability unless Seller or Purchaser affirms their respective indemnification obligations with respect thereto.

 

(f) Escrow
Agent’s Fees and Expenses. The parties shall reimburse Escrow Agent for all fees and other expenses (including attorneys’
fees) incurred or imposed by Escrow Agent in connection with its duties hereunder.

 

(g) Indemnification.
So long as and to the extent Escrow Agent has met the standard of care required of it pursuant to this Agreement, Seller and
Purchaser shall jointly and severally indemnify and hold Escrow Agent harmless from and against any and all loss,
damage, expense, liability or claim to which Escrow Agent may become subject as a result of performing its duties as Escrow
Agent under this Agreement.

 

(h) Waiver
of Conflict of Interest. Seller and Purchaser (i) acknowledge that Escrow Agent is counsel to Seller in connection with the
transactions contemplated by this Agreement and any action or proceeding that may arise in connection therewith, and (ii) waive
any objection to or any conflict of interest arising by reason of Escrow Agent concurrently serving as escrow agent hereunder
and as counsel to Seller. 

 

ARTICLE
II

REPRESENTATIONS,
COVENANTS, AND WARRANTIES OF THE PURCHASER

 

As
an inducement to, and to obtain the reliance of Seller, except as set forth in Purchaser’s Schedules, Purchasers represent
and warrant as of the Closing Date, that:

 

2.1 Purchaser
is a Nevada corporation duly authorized to conduct business and in good standing in the state of Nevada.

 

    	5

    	 

    

 

2.2 Purchaser
has all requisite power, authority, and capacity to enter into this Agreement and to perform the transactions and obligations
to be performed by Purchaser hereunder. No consent, authorization, approval, license, permit or order of, or filing with, any
person or governmental authority is required in connection with the execution of the transactions and obligations to be performed
by Purchasers hereunder. This Agreement has been duly executed and delivered by Purchaser and constitutes a valid and legally
binding obligation of Purchaser, enforceable in accordance with its terms, except as enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, moratorium or other similar laws.

 

2.3 Neither
the execution and delivery of this Agreement nor the consummation by Purchaser of the transactions contemplated hereby nor compliance
by Purchaser with any of the provisions hereof will violate or cause a default under any statute, judgment, order, writ, decree,
rule or regulation of any court or governmental authority applicable to Purchaser or any of its material properties; breach or
conflict with any of the terms, provisions or conditions of the charter and governing documents of Purchaser; or violate, conflict
with or breach any agreement, contract, mortgage, instrument, indenture or license to which Purchaser is party or by which Purchaser
is or may be bound, or constitute a default (in and of itself or with the giving of notice, passage of time or both) thereunder.

 

2.4 Purchaser
understands and agrees that offers and sales of any of the Subject Shares shall only be made in compliance with the safe harbor
provisions set forth in Rule 144, or pursuant to the registration provisions of the Securities Act or pursuant to an exemption
therefrom, and that all offers and sales shall be made only in compliance with the registration provisions of the Securities Act
or an exemption therefrom.

 

2.5 Purchaser
has as of the Effective Date of this Agreement, and at all times during the term of this Agreement shall maintain, sufficient
liquid funds with which to enable Purchaser to deliver the Purchase Price to Escrow Agent in immediately available funds within
two (2) business days following satisfaction of all other conditions to the Closing.

 

2.6 Purchaser
is acquiring the Subject Shares as principal for Purchaser’s own account, for investment purposes only, and not with a view
to, or for, resale or distribution thereof, in whole or in part, and no other person has a direct or indirect beneficial interest
in the Subject Shares

 

ARTICLE
III

REPRESENTATIONS
AND WARRANTIES OF THE SELLER AND THE COMPANY

 

As
an inducement to, and to obtain the reliance of Purchaser, except as set forth in Seller’s Disclosure Schedule attached
hereto as Exhibit B, which Seller’s Disclosure Schedule shall be numbered with Sections corresponding to the
sections this Article III, and for which any information disclosed as an exception to one section thereof shall be deemed to be
an except to each other section of this Article III as to which it is reasonably apparent, on the face of the disclosure, that
such exception is responsive to such other section of this Article III), Seller and the Company jointly and severally represent
and warrant, as of the date hereof and as of the Closing Date, that:

 

3.1. Immediately
prior to and at the Closing, Seller shall be the legal and beneficial owner of the Subject Shares and on the Closing Date, Seller
shall transfer to Purchaser the Subject Shares free and clear of all liens, restrictions, covenants or adverse claims of any kind
or character.

 

    	6

    	 

    

 

3.2. Seller
has the legal power and authority to execute and deliver this Agreement and all other documents required to be executed and delivered
by Seller hereunder and to consummate the transactions contemplated hereby.

 

3.3. Seller
is, or has been during the past ninety (90) days, an officer, director, 10% or greater shareholder or “affiliate”
of the Company, as that term is defined in Rule 144 promulgated under the Securities Act.

 

3.4. As
of the Closing Date, Seller shall not be indebted to the Company and the Company shall not be indebted to Seller.

 

3.5. Seller
does not now, nor will it prior to or on the Closing Date, own, either directly or indirectly, or exercise direction or control
over any common shares of the Company other than the Shares being sold to Purchaser hereunder.

 

3.6. The
authorized capital of the Company consists of 1,500 shares of Common Stock, of which a total of 1,500 are validly issued, outstanding,
fully paid and non-assessable.

 

3.7. No
person, firm or corporation has any right, agreement, warrant or option, present or future, contingent or absolute, or any right
capable of becoming a right, agreement or option to require the Company to issue any shares in its capital or to convert any securities
of the Company or of any other company into shares in the capital of the Company.

 

3.8. As
of the Effective Date of this Agreement, the Company is liable for the Indebtedness listed in Section 3.8 of the Seller’s
Disclosure Schedule.

 

3.9.
The Company has good and marketable title to all of its assets as set forth on Schedule 3.9 attached hereto,
and such assets are free and clear of any financial encumbrances except as otherwise disclosed in the Company Financial
Statements (as defined in Section 3.13, below) provided to Purchaser hereto. For purposes of the foregoing, the term
“Indebtedness” means, without duplication, with respect to any Person (i) all obligations for borrowed
money or extensions of credit (including bank overdrafts and advances), (ii) all obligations evidenced by bonds, debentures,
notes or other similar instruments, (iii) all obligations to pay the deferred purchase price of property or services, except
trade accounts payable arising in the ordinary course of business, (iv) all obligations as lessee capitalized in accordance
with GAAP, (v) all obligations of others secured by a Lien on any asset, whether or not such obligations are assumed, (vi)
all obligations, contingent or otherwise, directly or indirectly guaranteeing any obligations of any other Person, (vii) all
obligations to reimburse the issuer in respect of letters of credit or under performance or surety bonds, or other similar
obligations, (viii) all obligations in respect of bankers’ acceptances and under reverse repurchase agreements, and
(ix) all obligations in respect of futures contracts, swaps, other financial contracts and other similar obligations
(determined on a net basis as if such contract or obligation was being terminated early on such date).

 

3.10. The
Company is not a party to or bound by any agreement or understanding granting registration or anti-dilution rights to any person
with respect to any of its equity or debt securities; no person has a right to purchase or acquire or receive any equity or debt
security of the Company.

 

3.11. Except
for claims arising in the ordinary course of the Company’s business in usual and customary amounts consistent with prior
practice, to the current actual knowledge of Seller, there are no claims threatened against the Company. There are no pending
actions, suits, judgments, proceedings or investigations pending or, to the current actual knowledge of Seller, threatened against
or affecting the Company, at law or in equity, before or by any Court, administrative agency or other tribunal or any governmental
authority or any legal basis for same.

 

    	7

    	 

    

 

3.12. The
Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of California and
has the corporate power and is duly authorized under all applicable laws, regulations, ordinances, and orders of public authorities
to carry on its business in all material respects as it is now being conducted.

 

3.13. There
are attached at Section 3.13 of the Seller’s Disclosure Schedule a copy of the profit and loss statement of the Company
for the twelve months ended December 31, 2012 and December 31, 2013, and balance sheets for the Company as of December 31, 2012
and December 31, 2013, and a profit and loss statement for the Company for the nine-month period ended September 30, 2014, and
a balance sheet for the Company as of September 30, 2014 (the “Balance Sheet Date”), all of which financial
statements are referred to as the “Company Financial Statements”). The Company Financial Statements have been
prepared in accordance with generally accepted accounting principles consistently applied throughout the periods involved. The
Company balance sheets are true and accurate and present fairly as of their respective dates the financial condition of the Company.
As of the date of such balance sheets, except as and to the extent reflected or reserved against therein, the Company had no liabilities
or obligations (absolute or contingent) which should be reflected in the balance sheets or the notes thereto prepared in accordance
with generally accepted accounting principles, and all assets reflected therein are properly reported and present fairly the value
of the assets of the Company, in accordance with generally accepted accounting principles. All of the Company’s assets are
reflected on the Company’s Financial Statements and, except as set forth in Section 3.13 of the Seller’s Disclosure
Schedule attached hereto and for transactions arising since the Balance Sheet Date in the ordinary course of the Company’s
business in usual and customary amounts consistent with the Company’s historical practices, the Company has no liabilities,
direct or indirect, matured or unmatured, contingent or otherwise.

 

3.14. The
Company has no liabilities with respect to the payment of any federal, state, county, local or other taxes (including any deficiencies,
interest or penalties), except for taxes accrued but not yet due and payable. The Company has timely filed all state, federal
or local income and/or franchise tax returns required to be filed by it from inception to the date hereof. Each of such income
tax returns reflects the taxes due for the period covered thereby, except for amounts which, in the aggregate, are immaterial.
In addition, all such tax returns are correct and complete in all material respects. All taxes of the Company which are (i) shown
as due on such tax returns, (ii) otherwise due and payable or (iii) claimed or asserted by any taxing authority to be
due, have been paid, except for those taxes being contested in good faith and for which adequate reserves have been established
in the financial statements included in the Financial Statements in accordance with GAAP. There are no liens for any taxes upon
the assets of the Company, other than statutory liens for taxes not yet due and payable. The Company does not know of any proposed
or threatened tax claims or assessments.

 

3.15. The
books and records, financial and otherwise, of the Company are true, correct, and complete in all material respects, and reflect
accurately in all material respects actual transactions entered into by the Company.

 

3.16. The
information concerning the Company set forth in this Agreement and the Seller’s Disclosure Schedule is complete and accurate
in all material respects and to the knowledge of Seller, does not contain any untrue statements of a material fact or omit to
state a material fact required to make the statements made, in light of the circumstances under which they were made, not misleading.

 

    	8

    	 

    

 

3.17. Except
as set forth in Section 3.17 of the Seller’s Disclosure Schedule, there are no options, warrants, convertible securities,
subscriptions, stock appreciation rights, phantom stock plans or stock equivalents or other rights, agreements, arrangements or
commitments (contingent or otherwise) of any character issued or authorized by the Company relating to the issued or unissued
capital stock of the Company (including, without limitation, rights the value of which is determined with reference to the capital
stock or other securities of the Company) or obligating the Company to issue or sell any shares of capital stock of, or options,
warrants, convertible securities, subscriptions or other equity interests in, the Company. There are no outstanding contractual
obligations of the Company to repurchase, redeem or otherwise acquire any shares of the Company Common Stock of the Company or
to pay any dividend or make any other distribution in respect thereof or to provide funds to, or make any investment (in the form
of a loan, capital contribution or otherwise) in, any person.

 

3.18. There
is set forth in Section 3.18 of the Seller’s Disclosure Schedule a list of all consents of all third parties that, to the
knowledge of Seller, are required in order to enable Seller to consummate the transactions contemplated by this Agreement without
violating the terms of any contract to which the Company is a party or by which its assets may be bound.

 

ARTICLE
IV

OTHER
AGREEMENTS AND COVENANTS

 

4.1 Access
to Properties and Records. Prior to the Closing, the Company shall grant Purchaser full access to the properties, books and
records of the Company.

 

4.2 Delivery
of Books and Records. At the Closing but in no event later than 5 days therefrom, the Company shall provide access to Purchaser,
a copy of the corporate minute books, books of account, contracts, records, and all other books or documents of the Company now
in the possession of the Company or its representatives.

 

4.3 Further
Assurances. On and after the Closing, Seller shall prepare, execute and deliver such further instruments of conveyance, sale,
assignment or transfer, and shall take or cause to be taken such other or further action as Purchaser’s counsel shall reasonably
request at any time or from time to time in order to perfect, confirm or evidence in Purchaser title to all or any part of the
Subject Shares or to consummate, in any other manner, the terms and conditions of this Agreement.

 

4.4 Indemnification.

 

(a) Seller
Indemnity of Purchaser. Subject to the limitations set forth herein (including but not limited to those set forth in Sections
4.4(b), (c), (d) and (e), below), the Seller, jointly and severally, agree to indemnify and hold harmless
Purchaser (the “Purchaser Indemnitee”) against any Liabilities incurred or suffered by Purchaser Indemnitee by reason
of:

 

(i) a
breach by Seller or the Company of any of their respective representations and warranties set forth in this Agreement; and 

 

(ii)
any default or breach in the performance of any of the covenants or agreements made by the Company in or pursuant to this Agreement.

 

For
purposes of the foregoing, the term “Liabilities” shall mean all suits, proceedings, claims, expenses, losses, costs,
liabilities, judgments, deficiencies, assessments, actions, investigations, penalties, fines, settlements, interest and damages
(including reasonable attorneys’ fees and expenses), whether suit is instituted or not and, if instituted, whether at any
trial or appellate level, and whether raised by the parties hereto or a third party.

 

    	9

    	 

    

 

(b) Floor.
Seller and the Company shall not have any liability under Section 4.4(a) until the cumulative amount of Liabilities
shall exceed One Hundred Thousand Dollars ($100,000) (the “Floor”), at which point Seller and the Company
shall be liable for the excess Liabilities above such Floor.

 

(c) Ceiling.
Except for any Liabilities arising from fraud, in no event shall the cumulative liability of Seller and the Company under this
Section 4.4 exceed (i) for Liabilities arising from any breach of the representations set forth in Sections 3.1
or 3.2, the Purchase Price, and (ii) for all other Liabilities, fifteen percent (15%) of the Purchase Price.

 

(d) Survival
Period. The indemnification provided for in this section shall survive the Closing and consummation of the transactions contemplated
hereby and termination of this Agreement for one (1) year following the Closing (the “Indemnification Period”),
and Seller and the Company shall be liable hereunder only for Liabilities for which Purchaser delivers to Seller, prior to the
expiration of the Indemnification Period, a written notice describing the claim in reasonable detail and citing each provision
of this Agreement that Purchaser believes to have been breached by Seller.

 

(e) Seller
and Company Joint Liability. Notwithstanding any provision of this Agreement to the contrary, if any Liabilities arising by
reason of a breach by Seller and the Company of their representations and warranties in Article III hereof, then Seller and the
other Shareholder of Company each shall be severally liable for fifty percent (50%) of such Liabilities, subject to the further
limitations set forth in the foregoing Sections 4.4(b), (c), and (d).

 

(f) Purchaser
Indemnity. The Company and Purchaser agree to indemnify and hold harmless Seller (the “Seller Indemnitee”)
against any Liabilities incurred or suffered by Seller Indemnitee. For this purpose, “Liabilities” shall mean all
suits, proceedings, claims, expenses, losses, costs, liabilities, judgments, deficiencies, assessments, actions, investigations,
penalties, fines, settlements, interest and damages (including reasonable attorneys’ fees and expenses), whether suit is
instituted or not and, if instituted, whether at any trial or appellate level, and whether raised by the parties hereto or a third
party, incurred or suffered by Seller Indemnitee or any of them arising from, in connection with or as a result of (i) the operation
of the Company’s business following the Closing; (ii) any breach of the contracts following the Closing; and (iii) any Liabilities
arising out of the claims of creditors of the Company or any party claiming by, through or under such creditor, including, but
not limited to, any bankruptcy trustee or debtor-in-possession. The indemnification provided for in this section shall survive
the Closing and consummation of the transactions contemplated hereby and termination of this Agreement for one year following
the Closing (the “Indemnification Period”).

 

(g) Procedure
for Third-party Claims. In the event any person or entity not a party to this Agreement shall make any demand or claim or
file or threaten to file or continue any lawsuit, which demand, claim or lawsuit may result in Liabilities, the indemnified party
shall give written notice to such effect to the indemnifying party promptly upon becoming aware thereof. In such event, within
20 days after written notice by the indemnified party (the “Notice”) of such demand, claim or lawsuit, the
indemnifying party shall have the right, at its sole cost and expense, to take and assume full control of the defense thereof
and to hire counsel (which counsel shall be reasonably satisfactory to the indemnified party) to defend any such demand, claim
or lawsuit (provided, however, that the failure to give such Notice shall not relieve the indemnifying party of its obligations
hereunder unless, and only to the extent that, such failure caused the damages for which the indemnifying party is obligated to
be greater than they would otherwise have been had the indemnified party given prompt notice hereunder). Thereafter, the indemnified
party shall be permitted to participate in such defense at its sole cost and expense, provided that, if the named parties to any
such proceeding (including any impleaded parties) include both the indemnifying party and the indemnified party or if the indemnifying
party proposes that the same counsel represent both the indemnified party and the indemnifying party and representation of both
parties by the same counsel would be inappropriate due to actual or potential differing interests between them, then the indemnified
party shall have the right to retain its own counsel at the cost and expense of the indemnifying party. In the event that the
indemnifying party shall fail to respond within 20 days after receipt of the Notice from the indemnified party of any such demand,
claim or lawsuit, then the indemnified party may retain counsel and conduct the defense of such demand, claim or lawsuit, as it
may in its sole discretion deem proper, at the sole cost and expense of the indemnifying party. With regard to claims of third
parties for which indemnification is payable hereunder, such indemnification shall be paid in advance of settlement or final adjudication
thereof on a current basis within 30 days of receipt from the indemnified party of such supporting documentation as the indemnifying
party may reasonably request.

 

    	10

    	 

    

 

4.5 Assistance
with Post-Closing SEC Reports and Inquiries. Upon the reasonable request of Purchaser, after the Closing Date, Seller and
the Company shall use its reasonable best efforts to provide such information, including information, filings, reports, financial
statements or other circumstances of the Company occurring, reported or filed prior to the Closing, as may be necessary or required
by Purchaser for the preparation of the reports that Purchaser is required to file after Closing with the Securities and Exchange
Commission (“SEC”) to remain in compliance and current with its reporting requirements under the Securities
Exchange Act of 1934, or filings required to address and resolve matters as may relate to the period prior to Closing and any
SEC comments relating thereto or any SEC inquiry thereof.

 

4.6 Noncompete.
Seller hereby agrees that, during the period of two (2) years following the Closing, Seller shall not establish, open, be engaged
in, nor in any manner whatsoever become interested, directly or indirectly, either as employee, owner, partner, agent, shareholder,
director, officer, or otherwise, in any business that is within a 60-mile radius of the business location of the Company that
is substantially similar to the Business of the Company hereunder. Seller acknowledges that such restriction is a reasonable inducement
for Purchaser to consummate this transaction. If Seller violates or threatens to violate any of these restrictions, Purchaser
shall be entitled to preliminary and permanent injunctive relief (without the necessity of posting a bond or other security) in
addition to any other remedy which may be available. If a court of competent jurisdiction determines that the duration or geographic
limitations of any restriction contained in this Section 4.6 is unenforceable, it is the intention of the parties that the restrictions
set forth herein shall not thereby be terminated, but shall be deemed amended to the extent required to make it valid and enforceable.

 

4.7 Commercially
Reasonable Efforts. Subject to the terms and conditions herein provided, each party shall use commercially reasonable efforts
to (a) satisfy or fulfill all conditions precedent to the obligations of the parties under this Agreement so that the transactions
contemplated hereby shall be consummated as soon as practicable, and (b) take, or cause to be taken, all actions and to do, or
cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective
this Agreement and the transactions contemplated herein.

 

4.8 Brokers.
Seller, the Company and Purchaser each hereby (a) represents that such party has not engaged and is not indebted to any
finders or brokers in connection with the negotiation, execution or consummation of this Agreement, and (b) agrees to
indemnify, defend, and hold the other parties free and harmless from and against any claim by any third person other than
those described above for any commission, brokerage, or finder’s fee arising from the transactions contemplated hereby
based on any alleged agreement or understanding between the indemnifying party and such third person, whether express or
implied from the actions of the indemnifying party.

 

    	11

    	 

    

 

4.9 Babadjov
Sale. Purchaser hereby (a) acknowledges and agrees that notwithstanding any provision of this Agreement to the contrary, Seller
shall not have any liability whatsoever for any covenants, representations, warranties, or other obligations of Babadjov arising
under or in connection with any agreements between Babadjov and Purchaser (or any affiliate of Purchaser) regarding the purchase
and sale of the shares of the Company’s Common Stock owned by Babadjov or any other transactions between or among Babadjov,
Purchaser, and any affiliates of Purchaser relating thereto, (b) waives and releases Seller of and from any and all claims, costs,
damages, and expenses arising from or relating in any way to any covenants, representations, warranties, or other obligations
of Babadjov arising under or in connection with any agreements between Babadjov and Purchaser (or any affiliate of Purchaser)
regarding the purchase and sale of the shares of the Company’s Common Stock owned by Babadjov or any other transactions
between or among Babadjov, Purchaser, and any affiliates of Purchaser relating thereto, and (c) in connection with the foregoing
release, Purchaser hereby waives and releases all rights, if any, that Purchaser may have under Section 1542 of the California
Civil Code, which reads in pertinent part as follows: “A general release does not extend to claims which the creditor does
not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must
have materially affected his or her settlement with the debtor.” Nothing in this Section 4.9 is intended or shall
be construed to limit any claims that Purchaser now or hereafter may have against Seller by reason of Seller’s breach of
Seller’s express representations, warranties, or covenants under this Agreement.

 

4.10
Pre-Closing Distribution. Purchaser acknowledges and agrees that immediately prior to the Closing, the Corporation may
distribute to Seller and Babadjov all cash in the Company’s bank accounts in excess of the amount equaling Net Liquid Working
Capital.

 

4.11 Accounts
Payable. Purchaser acknowledges and agrees that the Company shall be solely responsible for paying, and Seller shall not otherwise
have any liability whatsoever respective to, accounts payable incurred by the Company in the ordinary course of its business that
remain unpaid as of the Closing.

 

4.12 Profit
Sharing Plan. Purchaser (a) acknowledges that the Company sponsors that certain “Go Green Hydroponics Profits Sharing
401(k) Plan” (the “Plan”), Seller is a participant in that Plan, and Seller is entitled to have a contribution
made to the trust under that Plan for the portion of calendar year 2014, and (b) agrees to cause the Company to make that contribution
prior to the due date therefor under applicable law.

 

4.13 Lease
Assumption. Purchaser hereby:

 

(a)
Acknowledges that (i) the Company operates from Premises situated at 15621 Ventura Boulevard, Encino, California (the “Premises”),
which are owned by The Elaine Rosenthal Non-Exempt Trust & the Laurie Ackerman Trust (“Owner”), and (ii)
Owner leases the Premises to Seller pursuant to a Standard Industrial/Commercial Multi-Tenant Lease – Gross dated August
26, 2009 (the “Lease”); and

 

(b) Agrees
that at the Closing, Seller shall assign the Lease to the Company and Purchaser shall cause the Company to assume the Lease and
cause the Company to pay, prior to delinquency, all amounts coming due under the Lease with respect to all periods after the Closing.

 

4.14 Founder
Working Capital Loan. Seller hereby (a) acknowledges that in connection with the formation of the Company, Seller made a loan
to the Company in the approximate principal amount of $130,000, and (b) contributes the principal of such loan to the capital
of the Company effective as of immediately prior to the Closing, and waives any claim for repayment thereof.

 

    	12

    	 

    

 

4.15 Guaranty
of Credit Card and Vendor Accounts. Purchaser (a) acknowledges that Seller has guaranteed the Company’s obligations
under the Company’s Wells Fargo VISA credit card account no. 4484-6100-0211-7979 (the “Credit Card”),
and with certain of the Company’s vendors, and (b) agrees that (i) concurrently herewith, Seller may terminate the Credit
Card and deliver to each vendor a written revocation of such guaranty of Company vendor accounts, and (ii) Purchaser shall, and
shall cause the Company to, indemnify, defend, and hold Seller free and harmless from and against all claims, costs, damages,
and expenses arising from or relating to such guaranties.

 

4.16 Final
“S” Corporation Tax Return. Purchaser (a) acknowledges that the Company is presently operated as an “S”
corporation for income tax purposes, and that such “S” corporation status will be revoked as of the Closing, and (b)
agree that Seller will be responsible for and will have authority to file the final federal and California “S” corporation
income tax returns for the period from January 1, 2014, and ending on the date of the Closing, provided that Seller will provide
Purchaser a draft copy of such final tax returns for review and comment before filing the same.

 

ARTICLE
V

CONDITIONS
PRECEDENT TO OBLIGATIONS OF THE SELLER

 

The
obligations of Seller under this Agreement are subject to the satisfaction, at or before the Closing Date, of the following conditions:

 

5.1. Accuracy
of Representations and Performance of Covenants. The representations and warranties made by Purchaser in this Agreement were
true when made and shall be true at the Closing Date with the same force and effect as if such representations and warranties
were made at and as of the Closing Date (except for changes therein permitted by this Agreement). Purchaser shall have performed
or complied with all covenants and conditions required by this Agreement to be performed or complied with by Purchasers prior
to or at the Closing.

 

5.2. No
Governmental Prohibition. No order, statute, rule, regulation, executive order, injunction, stay, decree, judgment or restraining
order shall have been enacted, entered, promulgated or enforced by any court or governmental or regulatory authority or instrumentality
which prohibits the consummation of the transactions contemplated hereby.

 

5.3. Consents.
All consents, approvals, waivers or amendments pursuant to all contracts, licenses, permits, trademarks and other intangibles
in connection with the transactions contemplated herein, or for the continued operation of Purchaser after the Closing Date
on the basis as presently operated shall have been obtained.

 

ARTICLE
VI

CONDITIONS
PRECEDENT TO OBLIGATIONS OF THE PURCHASER

 

The
obligations of Purchaser under this Agreement are subject to the satisfaction, at or before the Closing Date, of the following
conditions:

 

6.1. Accuracy
of Representations and Performance of Covenants. The representations and warranties made by the Company and Seller in this
Agreement were true when made and shall be true as of the Closing Date (except for changes therein permitted by this Agreement)
with the same force and effect as if such representations and warranties were made at and as of the Closing Date. Additionally,
Seller shall have performed and complied with all covenants and conditions required by this Agreement to be performed or complied
with by Seller.

 

    	13

    	 

    

 

6.2. No
Governmental Prohibition. No order, statute, rule, regulation, executive order, injunction, stay, decree, judgment
or restraining order shall have been enacted, entered, promulgated or enforced by any court or governmental or regulatory
authority or instrumentality which prohibits the consummation of the transactions contemplated hereby.

 

6.3. Consents.
All consents, approvals, waivers or amendments pursuant to all contracts, licenses, permits, trademarks and other intangibles
in connection with the transactions contemplated herein, or for the continued operation of the Company after the Closing Date
on the basis as presently operated shall have been obtained.

 

ARTICLE
VII

MISCELLANEOUS

 

7.1 Governing
Law. This Agreement shall be governed by, enforced, and construed under and in accordance with the laws of the United States
of America and, with respect to the matters of state law, with the laws of the State of California. Each party hereby consents
to the jurisdiction of the courts of the State of California for all actions arising hereunder. Each of the parties further hereby
(a) acknowledges that this Agreement has been negotiated, executed, and delivered in, and shall be performed in, Los Angeles County,
California, and (b) irrevocably consents and agrees that the exclusive venue for any and all legal or equitable actions or proceedings
arising under or in connection with this Agreement shall be the Superior Court in and for the County of Los Angeles and the United
States Federal District Courts for the Central District of California. By execution and delivery of this Agreement, each party
hereto irrevocably submits to and accepts, with respect to any such actions or proceedings, generally and unconditionally, the
jurisdiction of the aforesaid courts, and irrevocably waives any and all rights such party may now or hereafter have to object
to such venue.

 

7.2 Notices.
All notices permitted or required by this Agreement shall be in writing, and shall be deemed to have been delivered and
received (a) when personally delivered, (b) on the third (3rd) business day after the date on which
deposited in the United States mail, postage prepaid, certified or registered mail, return receipt requested, or (c) on
the date on which transmitted by facsimile or other electronic means producing a tangible receipt evidencing a successful
transmission, or (d) on the next business day after the date on which deposited with a regulated public carrier or nationally
recognized overnight commercial delivery service (e.g., Federal Express, DHL, etc.), addressed to the party for
whom intended at the mailing address, email address, or facsimile number set forth on the signature page of this Agreement
for such party, or such other mailing address, email address, or facsimile number, notice of which has been delivered in a
manner permitted by this Section 7.2. 

 

7.3 Attorney’s
Fees. In the event that either party institutes any action or suit to enforce this Agreement or to secure relief from any
default hereunder or breach hereof, the prevailing party shall be reimbursed by the losing party for all costs, including reasonable
attorney’s fees, incurred in connection therewith and in enforcing or collecting any judgment rendered therein.

 

7.4 Confidentiality.
Each party hereto agrees with the other that, unless and until the transactions contemplated by this Agreement have been
consummated, it and its representatives will hold in strict confidence all data and information obtained with respect to
another party or any subsidiary thereof from any representative, officer, director or employee, or from any books or records
or from personal inspection, of such other party, and shall not use such data or information or disclose the same to others,
except (i) to the extent such data or information is published, is a matter of public knowledge, or is required by law to be
published; or (ii) to the extent that such data or information must be used or disclosed in order to consummate the
transactions contemplated by this Agreement. In the event of the termination of this Agreement, each party shall return to
the other party all documents and other materials obtained by it or on its behalf and shall destroy all copies, digests, work
papers, abstracts or other materials relating thereto, and each party will continue to comply with the confidentiality
provisions set forth herein.

 

    	14

    	 

    

 

7.5 Public
Announcements and Filings. Unless required by applicable law or regulatory authority, none of the parties will issue any report,
statement or press release to the general public, to the trade, to the general trade or trade press, or to any third party (other
than its advisors and representatives in connection with the transactions contemplated hereby) or file any document, relating
to this Agreement and the transactions contemplated hereby, except as may be mutually agreed by the parties. Copies of any such
filings, public announcements or disclosures, including any announcements or disclosures mandated by law or regulatory authorities,
shall be delivered to each party at least one (1) business day prior to the release thereof.

 

7.6 Schedules;
Knowledge. Each party is presumed to have full knowledge of all information set forth in the other party’s schedules
delivered pursuant to this Agreement.

 

7.7 No
Third Party Beneficiaries. This contract is strictly among Seller, the Company and Purchaser, and, no director, officer, stockholder,
employee, agent, independent contractor or any other person or entity shall be deemed to be a third party beneficiary of this
Agreement.

 

7.8 Expenses.
Subject to Section 7.3, above, whether or not the Purchase is consummated, each of Seller, Company and Purchaser
will bear their own respective expenses, including legal, accounting and professional fees, incurred in connection with the
sale of the Subject Shares or any of the other transactions contemplated hereby.

 

7.9 Entire
Agreement. This Agreement represents the entire agreement among the parties relating to the subject matter thereof and supersedes
all prior agreements, understandings and negotiations, written or oral, with respect to such subject matter.

 

7.10 Construction.
This Agreement is the result of negotiations between the parties and neither of the parties entering into this Agreement has acted
under any duress or compulsion, whether legal, economic or otherwise. The parties hereby waive the application of any rule of
law that ambiguous or conflicting terms or provisions should be construed against the party who (or whose attorney) prepared this
Agreement or any earlier draft of the same. In this Agreement, the word “Person” includes any individual, corporation,
limited liability company, trust, fiduciary, governmental entity, or other entity or status of any kind that is recognized under
applicable law as a separate legal person, and the word “include(s)” means “include(s), without limitation,”
and the word “including” means “including, but not limited to.” Unless the context of this Agreement
otherwise clearly requires, references to the plural include the singular and the singular the plural. Unless otherwise expressly
indicated herein, the words “hereof,” “hereunder,” and similar terms in this Agreement refer
to this Agreement as a whole and not to any particular provision of this Agreement. All references to “Section”
herein shall refer to the sections and paragraphs of this Agreement unless specifically stated otherwise. The section and other
headings, if any, contained in this Agreement are inserted for convenience of reference only, and they neither form a part of
this Agreement nor are they to be used in the construction or interpretation of this Agreement.

 

7.11
Counterparts; Electronic Signatures. This Agreement may be executed in counterparts, each of which shall be deemed an original
and all of which, taken together, shall constitute one and the same instrument, binding on each signatory thereto. A copy of this
Agreement that is executed by a party and transmitted by that party to any other party by facsimile or as an attachment (e.g.,
in “.tif” or “.pdf” format) to an email shall be binding upon the signatory to the same extent as a copy
hereof containing that party’s original signature.

 

    	15

    	 

    

 

7.12 Amendment
or Waiver. Every right and remedy provided herein shall be cumulative with every other right and remedy, whether conferred
herein, at law, or in equity, and may be enforced concurrently herewith, and no waiver by any party of the performance of any
obligation by the other shall be construed as a waiver of the same or any other default then, theretofore, or thereafter occurring
or existing. At any time prior to the Closing Date, this Agreement may by amended by a writing signed by all parties hereto, with
respect to any of the terms contained herein, and any term or condition of this Agreement may be waived or the time for performance
may be extended by a writing signed by the party or parties for whose benefit the provision is intended.

 

[Signatures
appear on the following page.]

 

    	16

    	 

    

 

IN
WITNESS WHEREOF, the corporate parties hereto have caused this Agreement to be executed by their respective officers, hereunto
duly authorized, as of the date first-above written.

 

	SELLER:	 	PURCHASER:
	 	 	 	 	 
	 	 	 	OSL Holdings, Inc., a Nevada corporation
	 	 	 	 	 
	/s/ Jeffrey Malinovitz	 	By:	/s/ Robert Rothenberg
	Jeffrey Malinovitz	 	Name:	 Robert Rothenberg
	 	 	 	Title:	 CEO
	Address, Facsimile & Email for Notices:	 	 	 
	 	 	 	Address, Facsimile & Email for Notices:
	Jeffrey Malinovitz	 	 	 
	c/o Go Green Hydroponics, Inc.	 	OSL Holdings, Inc.
	15721 Ventura Blvd 	 	1669 Edgewood Rd, Suite 214
	Encino, CA 91436	 	Yardley, PA, 19067
	 	 	 	 	 
	Email:	jasonb108@gmail.com		Facsimile No.: (845)
    363-6779
	 	 	 	Email:
    Bob@OSLHoldings.com
	 	 	 	 	 
	THE COMPANY:	 	 	 
	 	 	 	 	 
	Go Green Hydroponics Inc., a California corporation	 	 	 
	 	 	 	 	 
	By:	/s/ Jason Babadjov	 	 	 
	Name:	 Jason Babadjov	 	 	 
	Title:	 CEO	 	 	 
	 	 	 	 	 
	Address, Facsimile & Email for Notices:	 	 	 
	 	 	 	 	 
	Go Green Hydroponics, Inc.	 	 	 
	ATTN:	Jeffrey Malinovitz	 	 	 
	15721 Ventura Blvd 	 	 	 
	Encino, CA 91436	 	 	 
	 	 	 	 	 
	Email:	JasonB108@gmail.com	 	 	 

 

[Signature
of Escrow Agent appears on following page.]

 

    	17

    	 

    

 

Acceptance
by Escrow Agent

 

Escrow
Agent hereby accepts and agrees to abide by the escrow instructions and other terms of Section 1.5, above.

 

	 	 	“Escrow Agent:”
	 	 	 	 
	 	 	INGBER & ASSOCIATES
	 	 	 	 
	October
    20, 2014	 	By:	/s/ Kenneth Ingber
	Date	 	 	Kenneth
    Ingber
	 	 	 	 
	 	 	Address, Facsimile & Email for Notices:
	 	 	 	 
	 	 	Kenneth S. Ingber, Esq.
	 	 	Ingber & Associates
	 	 	A Professional Law Corporation
	 	 	30101 Agoura Court, Suite 119
	 	 	Agoura Hills, CA 91301
	 	 	Phone Number: (818) 707-3811
	 	 	Fax: (310) 933-0301
	 	 	ken@ingberlawyers.com
	 	 	http://www.ingberlawyers.com

 

    	18

    	 

    

 

Execution

 

Exhibit
A

 

Form
of Employment Agreement

 

    	 

    	 

    

 

Execution

 

Exhibit
B

 

Seller
Disclosure Schedule

 

    	 

    	 

    

 

Schedule
3.9

 

Assets

 

    	2

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