Document:

AFC Building Technologies Inc.: Exhibit 10.3 - Filed by newsfilecorp.com

LICENSE AGREEMENT 

THIS AGREEMENT dated for reference the 30th day of June, 2015.

BETWEEN: 

IAN GRANT, an individual with
an address c/o 200-252 Pall Mall Street, London, Ontario N6A 5P6 

(herein called “Licensor”) 

AND: 

AFC BUILDING TECHNOLOGIES INC.,
a corporation existing under the laws of the State of Nevada with its executive
office at 101 1⁄2 Mary Street West, Whitby, Ontario L1N 2R4 

(herein called “Licensee”) 

WHEREAS: 

A.     The Licensor owns certain website
addresses/domain names relevant to the automotive e-commerce business (the
“E-Commerce Domains”);

B.     The Licensor and the Licensee wish
to enter into a license agreement whereby the Licensor will grant to the
Licensee an exclusive worldwide license, to exploit the E-Commerce Domains in
all fields of use for a period of 40 years (the “Domain License”); and

C.     The Licensor has agreed to grant the
Licensee the Domain License under the terms and conditions as set forth in this
License Agreement.

NOW THEREFORE in consideration of the premises and the
respective covenants, agreements representations, warranties and indemnities of
the parties herein contained and for other good and valuable consideration (the
receipt and sufficiency of which is hereby acknowledged) the parties hereto
covenant and agree as follows: 

	1. 	
      DEFINED TERMS

	 	 
	1.1 	
      For the purposes of this Agreement, unless the context
      otherwise requires, the following terms will have the respective meanings
      set out below and grammatical variations of such terms will have
      corresponding meanings:

	 	(a) 	
      “Affiliate” has the meaning given to that term in the
      Securities Act of 1933, as amended, and the Rules and Regulations of the
      Securities and Exchange Commission promulgated thereunder;

	 	 	 
	 	(b) 	
      “Associate” has the meaning given to that term in the
      Securities Act of 1933, as amended, and the Rules and Regulations of the
      Securities and Exchange Commission promulgated thereunder;

	 	 	 
	 	(c) 	
      “Business Day” means any day which is not a Saturday,
      Sunday or statutory holiday in Nevada;

	 	 	 
	 	(d) 	
      “Effective Date” means June 30, 2015;

	 	 	 
	 	(e) 	
      “Gross Sales” means the aggregate of all sums actually
      received from all third party sources by Licensee, by any affiliate of
      Licensee, or by any authorized entity acting on Licensee’s behalf, which
      sums are derived from the applicable exploitation of the Licensed IP.
      There shall be excluded from the Gross Sales the
  following:

	 	(i) 	
      Any sums received and thereafter refunded, and if any
      such sums shall have theretofore been taken into account, then an amount
      equal to the sum refunded shall be eliminated from subsequent
    receipts;

	 	 	 
	 	(ii) 	
      Any withholding, sales tax, consumption tax or other
      applicable taxes collected in respect of the sales;

	 	 	 
	 	(iii) 	
      Any and all sales which are refundable until earned or
      forfeited (but all non-refundable advances or advances which are subject
      only to delivery or the passage of time shall be included in Gross Sales);
      and

	 	 	 
	 	(iv) 	
      Any payments of Gross Sales payable to any non Affiliate
      of Licensee.

	 	(f) 	
      “IP” means the E-Commerce Domains described in Schedule
      1;

	 	 	 
	 	(g) 	
      “Licensed IP” means the Domain License and all
      intellectual property of the Licensor related thereto;

	 	 	 
	 	(h) 	
      “E-Commerce Domains” means the domain addresses listed in
      Schedule 1;

	 	 	 
	 	(i) 	
      “Currency” unless otherwise indicated, all dollar amounts
      in this License Agreement are expressed in United States
  funds.

	1.2 	
      Sections and Headings. The division of this
      License Agreement into Articles, sections and subsections and the
      insertion of headings are for convenience of reference only and will not
      affect the interpretation of this License Agreement. Unless otherwise
      indicated, any reference in this License Agreement to an Article, section,
      subsection or Schedule refers to the specified Article, section or
      subsection of or Schedule to this License Agreement.

	 	 
	1.3 	
      Number, Gender and Persons. In this License
      Agreement, words importing the singular number only will include the
      plural and vice versa, words importing gender will include all genders and
      words importing persons will include individuals, corporations,
      partnerships, associations, trusts, unincorporated organizations,
      governmental bodies and other legal or business entities of any kind
      whatsoever.

	 	 
	1.4 	
      Accounting Principles. Except as otherwise stated,
      any reference in this License Agreement to generally accepted accounting
      principles refers to generally accepted accounting principles that have
      been established in the United States of America, including those approved
      from time to time by the American Institute of Certified Public
      Accountants or any successor body thereto.

	 	 
	1.5 	
      Entire Agreement. This License Agreement
      constitutes the entire agreement between the parties with respect to the
      subject matter hereof and supersedes all prior agreements, understandings,
      negotiations and discussions, whether written or oral. There are no
      conditions, covenants, agreements, representations, warranties or other
      provisions, express or implied, collateral, statutory or otherwise,
      relating to the subject matter hereof except as herein provided.

	 	 
	1.6 	
      Time of Essence. Time will be of the essence of
      this License Agreement.

	 	 
	1.7 	
      Applicable Law. This License Agreement will be
      construed, interpreted and enforced in accordance with, and the respective
      rights and obligations of the parties will be governed by, the laws of the
      State of Nevada and the federal laws of United States applicable therein,
      and each party irrevocably and unconditionally submits to the
      non-exclusive jurisdiction of the courts of such state and all courts
      competent to hear appeals there from and waives, so far as is legally
      possible, its right to have any legal action relating to this License
      Agreement tried by a jury.

	1.8 	
      Amendments and Waivers. No amendment or waiver of
      any provision of this License Agreement will be binding on either party
      unless consented to in writing by such party. No waiver of any provision
      of this License Agreement will constitute a waiver of any other provision,
      nor will any waiver constitute a continuing waiver unless otherwise
      provided.

	 	 
	1.9 	
      Schedules. The following Schedules are attached to
      and form part of this License Agreement:

Schedule 1 - Description of
IP/Domains

	2. 	
      GRANT OF LICENSE

	 	 
	2.1 	
      The Licensor hereby grants to the Licensee, effective as
      of the Effective Date and for a period of 40 years, an exclusive worldwide
      license to use the Domain License.

	 	 
	2.2 	
      Licensee shall not assign or sublicense the rights
      granted under this license.

	 	 
	2.3 	
      The Licensee agrees to assist the Licensor in recording
      this License Agreement with appropriate government authorities where such
      recording is required by law or regulation or where such recording is
      permitted or desired by the Licensor.

	 	 
	2.4 	
      The Licensor shall not continue to use the Licensed IP
      and shall not sell or agree to sell all or any portion of the Licensed IP,
      while this License Agreement is in effect.

	 	 
	3. 	
      OWNERSHIP

	 	 
	3.1 	
      Licensee acknowledges and agrees that, as between the
      parties to this License Agreement and subject to the rights and licenses
      granted herein, Licensor is, and at all times shall remain, the sole and
      exclusive owner of all right, title and interest, throughout the world, in
      and to all Licensed IP, and any copies of the Licensed IP, whether made on
      or behalf of Licensor or Licensee.

	 	 
	4. 	
      LICENSE FEE

	 	 
	4.1 	
      The license fee payable by the Licensee to the Licensor
      for the Licenses shall consist of a royalty equal to 2.5 percent of the
      Gross Sales derived from the exploitation of the Licensed IP (the
      “Royalty”).

	 	 
	4.2 	
      The Royalty shall be payable within thirty (30) days
      following the end of the then-current calendar quarter. All payments to be
      made hereunder shall be made in United States dollars. Payments
      originating in any other currency shall be converted to United States
      dollars using the rate of exchange as published by Bank of America on the
      date such payment is due.

	 	 
	5. 	
      TERMINATION AND EXTENSION

	 	 
	5.1 	
      Except as otherwise provided, this License Agreement
      shall terminate automatically at the end of the term specified in Section
      1.

	6. 	
      INDEMNIFICATION, REMEDIES,
  SURVIVAL

	 	 
	6.1 	
      For the purposes of this Section 6 the terms
      “Loss” and “Losses” mean any and all demands, claims,
      actions or causes of action, assessments, losses, damages, liabilities,
      costs, and expenses, including without limitation, interest, penalties,
      fines and reasonable attorneys, accountants and other professional fees
      and expenses, but excluding any indirect, consequential or punitive
      damages suffered by Licensor or Licensee including damages for lost
      profits or lost business opportunities.

	 	 
	6.2 	
      Agreement of Licensor to
Indemnify

	 	(a) 	
      Licensor will indemnify, defend, and hold harmless, to
      the full extent of the law, for a period of three years from the
      termination of the License Agreement, the Licensee and its shareholders
      from, against, and in respect of any and all Losses asserted against,
      relating to, imposed upon, or incurred by the Licensee and its
      shareholders by reason of, resulting from, based upon or arising out
      of:

	 	(i) 	
      the breach by Licensor of any representation or warranty
      of Licensor contained in or made pursuant to this License Agreement, any
      Licensor document or any certificate or other instrument delivered
      pursuant to this License Agreement; or

	 	 	 
	 	(ii) 	
      the breach or partial breach by Licensor of any covenant
      or agreement of Licensor made in or pursuant to this License Agreement,
      any Licensor document or any certificate or other instrument delivered
      pursuant to this License Agreement.

	6.3 	
      Agreement of Licensee to
Indemnify

	 	(a) 	
      Licensee will indemnify, defend, and hold harmless, to
      the full extent of the law, for a period of three years from the
      termination of this License Agreement, the Licensor from, against, for,
      and in respect of any and all Losses asserted against, relating to,
      imposed upon, or incurred by Licensor by reason of, resulting from, based
      upon or arising out of:

	 	 	 	 
	 		(i) 	
      the breach by Licensee of any representation or warranty
      of Licensee contained in or made pursuant to this License Agreement, any
      Licensee document or any certificate or other instrument delivered
      pursuant to this License Agreement; or

	 	 	 	 
	 		(ii) 	
      the breach or partial breach by Licensee of any covenant
      or agreement of Licensee made in or pursuant to this Agreement, any
      Licensee document or any certificate or other instrument delivered
      pursuant to this License Agreement.

	7. 	
      REPRESENTATIONS AND WARRANTIES OF THE
      LICENSOR

	 	 
	7.1 	
      The Licensor represents and warrants to the Licensee,
      with the intent that the Licensee will rely thereon in entering into this
      License Agreement and in concluding the transactions contemplated hereby,
      as follows:

	 	(a) 	
      Licensor warrants that to the best of its knowledge the
      use of the Licensed IP as intended through this License Agreement, does
      not infringe upon the rights of third parties;

	 	 	 
	 	(b) 	
      Licensor warrants that to the best of its knowledge the
      Licensed IP is valid, maintained and enforceable towards third parties
      worldwide, other than France, Iran or Russia, and that the Licensed IP
      shall be properly maintained during the term of this License
    Agreement.

	 	 	 
	 	(c) 	
      the execution and delivery of this License Agreement and
      the completion of the transactions contemplated hereby have been duly and
      validly authorized by all necessary limited liability company action on
      the part of the Licensor, and this License Agreement constitutes a valid
      and binding obligation of the Licensor enforceable against the Licensor in
      accordance with its terms; except as enforcement may be limited by bankruptcy, insolvency
and other laws affecting the rights of creditors generally and except that
equitable remedies may be granted only in the discretion of a court of competent
jurisdiction; 

	 	(d) 	
      neither the execution and delivery of this License
      Agreement nor the performance of the Licensor’s obligations hereunder
      will:

	 	(i) 	
      violate or constitute default under any order, decree,
      judgment, statute, by-law, rule, regulation, or restriction applicable to
      the Licensor, the IP, or any contract, agreement, instrument, covenant,
      mortgage, or security, to which the Licensor is a party or which are
      binding upon the Licensor,

	 	 	 
	 	(ii) 	
      to the knowledge of the Licensor, result in any fees,
      duties, taxes, assessments, penalties or other amounts becoming due or
      payable by the Licensee under any sales tax legislation. .

	 	 	 
	 	(iii) 	
      give rise to the creation or imposition of any
      encumbrance on the IP,

	 	 	 
	 	(iv) 	
      violate or constitute default under any license, permit,
      approval, consent or authorization held by the Licensor, or

	 	 	 
	 	(v) 	
      violate or trigger any liability on behalf of the
      Licensee pursuant to any legislation governing the licensing of the IP by
      the Licensor;

	 	(e)	
      the Licensor owns and possesses and has good and
      marketable title to the IP free and clear of all encumbrances of every
      kind and nature whatsoever;

	 	 	 
	 	(f)	
      no person other than the Licensee has any written or oral
      agreement or option or any right or privilege (whether by law, pre-emptive
      or contractual) capable of becoming an agreement or option for the
      purchase or acquisition from the Licensor of any of the Licensed
  IP;

	 	 	 
	 	(g) 	
      There are no actions, suits, proceedings, investigations,
      complaints, orders, directives, or notices of defect or noncompliance by
      or before any court, governmental or domestic commission, department,
      board, tribunal, or authority, or administrative, licensing, or regulatory
      agency, body, or officer issued, pending, or to the best of the Licensor’s
      knowledge threatened against or affecting the Licensor or in respect of
      the IP; and

	 	 	 
	 	(h) 	
      there is no requirement applicable to the Licensor to
      make any filing with, give any notice to or to obtain any license, permit,
      certificate, registration, authorization, consent or approval of, any
      governmental or regulatory authority as a condition to the lawful
      consummation of the transactions contemplated by this
  Agreement.

	8. 	
      REPRESENTATIONS OF THE LICENSEE

	 	 
	8.1 	
      The Licensee represents and warrants to the Licensor as
      follows, with the intent that the Licensor will rely thereon in entering
      into this License Agreement and in concluding the transactions
      contemplated hereby, that:

	 	(a) 	
      the Licensee is a corporation duly incorporated, validly
      existing, and in good standing under the laws of the State of Nevada and
      has the power, authority, and capacity to enter into this License
      Agreement and to carry out its terms;

	 	 	 
	 	(b) 	
      the execution and delivery of this License Agreement and
      the completion of the transactions contemplated hereby has been duly and
      validly authorized by all necessary corporate action on the part of the
      Licensee, and this Agreement constitutes a valid and binding obligation of
      the Licensee enforceable against the Licensee in accordance with its terms;
except as enforcement may be limited by bankruptcy, insolvency and other laws
affecting the rights of creditors generally and except that equitable remedies
may be granted only in the discretion of a court of competent jurisdiction; 

	 	(c) 	
      there is no requirement for the Licensee to make any
      filing with, give any notice to or obtain any license, permit,
      certificate, registration, authorization, consent or approval of, any
      government or regulatory authority as a condition to the lawful
      consummation of the transactions contemplated by this License Agreement;
      and

	 	 	 
	 	(d) 	
      neither the execution and delivery of this License
      Agreement nor the performance of the Licensee’s obligations hereunder will
      violate or constitute a default under the constating documents, by-laws,
      or articles of the Licensee, any order, decree, judgment, statute, by-law,
      rule, regulation, or restriction applicable to the Licensee, or any
      contract, agreement, instrument, covenant, mortgage or security to which
      the Licensee is a party or which are binding upon the
  Licensee.

	9. 	
      NON MERGER

	 	 
	9.1 	
      The representations, warranties, covenants, and
      agreements of the Licensor contained herein and those contained in the
      documents and instruments delivered pursuant hereto or in connection
      herewith will survive the Effective Date and the term of this License
      Agreement, and notwithstanding the completion of the transactions
      contemplated hereby, the waiver of any condition contained herein (unless
      such waiver expressly releases the Licensor of such representation,
      warranty, covenant, or agreement), or any investigation by the Licensee,
      same will remain in full force and effect.

	 	 
	9.2 	
      The representations, warranties, covenants, and
      agreements of the Licensee contained herein and those contained in the
      documents and instruments delivered pursuant hereto or in connection
      herewith will survive the Effective Date and the term of this License
      Agreement, and notwithstanding the completion of the transactions
      contemplated hereby, the waiver of any condition contained herein (unless
      such waiver expressly releases the Licensee of such representation,
      warranty, covenant, or agreement), or any investigation by the Licensor,
      same will remain in full force and effect.

	 	 
	10. 	
      FURTHER ASSURANCES

	 	 
	10.1 	
      From time to time subsequent to the Effective Date, the
      parties covenant and agree, at the expense of the requesting party, to
      promptly execute and deliver all such further documents and instruments
      and do all such further acts and things as may be required to carry out
      the full intent and meaning of this Agreement and to effect the
      transactions contemplated hereby.

	 	 
	11. 	
      ASSIGNMENT

	 	 
	11.1 	
      This Agreement may not be assigned by any party hereto
      without the prior written consent of the other parties hereto.

	 	 
	12. 	
      SUCCESSORS AND ASSIGNS

	 	 
	12.1 	
      This Agreement will enure to the benefit of and be
      binding upon the parties hereto and their respective successors and
      permitted assigns.

	 	 
	13. 	
      COUNTERPARTS

	 	 
	13.1 	
      This Agreement may be executed in several counterparts,
      each of which will be deemed to be an original and all of which will
      together constitute one and the same
instrument.

	14. 	
      NOTICES

	 	 
	14.1 	
      Any notice required or permitted to be given under this
      Agreement will be in writing and may be given by personal service or by
      prepaid registered mail, and addressed to the proper party or transmitted
      by electronic facsimile generating proof of receipt of transmission at the
      address of the applicable party first stated above.

	 	 
	15. 	
      REFERENCE DATE

	 	 
	15.1 	
      This Agreement is dated for reference as of the date
      first above written, but will become binding as of the date of execution
      and delivery by all parties hereto and subject to compliance with the
      terms and conditions hereof. References herein to the date of the
      Agreement or to the date hereof shall be deemed to mean the date set forth
      in the preamble to this Agreement.

IN WITNESS WHEREOF the parties have executed and delivered this
agreement on the Effective Date. 

	Ian Grant
    
	IAN GRANT 

AFC BUILDING TECHNOLOGIES INC. 

	Per: 	Cindy Kelly 
	  	Authorized Signatory 

SCHEDULE 1 

	  	Expires 	Status 
	Domain Name 	  	  
	AUTO-E-TAIL.COM 	11/11/2023 	Active 
	AUTO-ETAILER.COM 	12/13/2018 	Active 
	AUTOETAIL.CA 	11/11/2023 	Active 
	AUTOETAILER.CA 	12/13/2018 	Active 
	AUTOETAILER.NET 	12/13/2018 	Active 
	AUTOETAILING.COM 	11/11/2023 	Active 
	AUTOPARTS-E-TAIL.COM 	12/10/2023 	Active 
	AUTOPARTSETAIL.COM 	12/10/2023 	Active 
	AUTOPARTSETAIL.NET 	12/15/2018 	Active 
	AUTOPARTSETAILER.COM 	12/13/2018 	Active 
	AUTOPARTSETAILER.NET 	12/13/2018 	Active 
	CARPARTSETAIL.COM 	12/16/2018 	Active 
	CARPARTSETAILER.COM 	12/16/2018 	Active 
	PARTSETAIL.COM 	12/16/2018 	Active 
	PARTSETAILER.COM 	12/16/2018 	ActiveSTOCK PURCHASE AGREEMENT

THIS STOCK PURCHASE
AGREEMENT (this “Agreement”) is executed and delivered as of April 19, 2017 (the “Effective Date”),
among VILACTO BIO INC., a Nevada corporation (“Buyer”); PHARMA GP APS, a Denmark corporation (the
“Company”); and 9 HEROES APS, a Denmark corporation (“Stockholder”).

W I T N E S S E T H:

WHEREAS, Pharma GP owns patents,
trademarks and production facilities for a ingredient designed to be used in pharmaceuticals and medical devices for treat wide
range of issues (collectively, the “Business”);

WHEREAS, Stockholder
owns all of the issued and outstanding shares of the capital stock of the Company;

WHEREAS, Buyer
desires to acquire all of the issued and outstanding shares of the capital stock of the Company, directly or indirectly, from Stockholder,
and Stockholder desires to sell such shares to Buyer as set forth herein;

WHEREAS,
all capitalized terms shall have the meanings assigned to them in Exhibit A hereto;

NOW, THEREFORE,
in consideration of the premises and of the mutual agreements, representations, warranties and obligations herein contained,
and intending to be legally bound hereby, the Parties hereby agree as follows:

1.                 
DELIVERY OF SHARES; ENDORSEMENT OF THE COMPANY STOCK.

(a)               
Delivery of Shares. Upon the terms and subject to the conditions set forth in this
Agreement, Stockholder shall, at the Closing, sell, assign, transfer and deliver to Buyer all of the issued and outstanding shares
of stock of the Company (the “Stock”). Stockholder shall transfer the Stock to Buyer at the Closing, free and
clear of all liens, security interests, encumbrances, adverse claims, mortgages, deeds of trust, pledges, charges, voting trusts,
equities, restrictions (including restrictions on transfer of any nature whatsoever) and any similar right of any kind whatsoever
(collectively, “Adverse Claims”).

(b)              
Endorsement of the Company Stock. Stockholder shall deliver at Closing the certificates
representing the Stock, duly endorsed in blank by Stockholder or accompanied by duly executed stock powers. Stockholder, at its
sole expense, agrees to cure (both before and after Closing) any deficiencies with respect to the endorsement of the certificates
or other documents of conveyance with respect to the Stock or with respect to the stock powers accompanying the Stock. 

2.                 
PURCHASE PRICE.

(a)               
Stock Purchase Price. The aggregate purchase price for the Stock (the “Purchase
Price”) is Six Million and 00/100 U.S. Dollars ($6,000,000.00). Half of the Purchase Price ($3,000,000.00) must be in
cash and the balance, if Buyer requests, may be in the form of shares of Buyer’s common stock.

(b)              
Closing Amount. At the Closing, Buyer shall pay to Stockholder the Purchase Price in
cash by wire transfer to an account designated by Stockholder. All stock payments of the Purchase Price will be made by restricted
certificated shares in Buyer. 

    	 	1	 

     

    

3.                 
CLOSING.

(a)               
Closing. The consummation of the transactions contemplated hereby (the “Closing”)
will take place at the offices of Buyer, on such date that is agreed to in writing by the parties hereto (the “Closing
Date”), provided that all conditions set forth in Section 6 have either been satisfied or, in the case of conditions
not satisfied, waived in writing by the party entitled to the benefit of such conditions. 

(b)              
Stockholder Closing Deliverables. At the Closing, Stockholder shall deliver to Buyer:

(i)                
the certificates representing the Stock, duly endorsed in blank by such Stockholder or accompanied
by duly executed stock powers;

(ii)              
a certificate, in a form reasonably acceptable to Buyer and dated as of the Closing Date,
of the Secretary or an Assistant Secretary of the Company, certifying that attached thereto are true and complete copies of the
Charter Documents for the Company and all resolutions adopted by the board of directors or other governing body of the Company
authorizing the execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the
transactions contemplated hereby and thereby, and that all such resolutions are in full force and effect and are all the resolutions
adopted in connection with the transactions contemplated hereby and thereby and the names and signatures of the party authorized
to sign this Agreement and the Transaction Documents;

(iii)            
certificates, dated as of the Closing Date, duly issued by the appropriate Governmental Authority
or authorities showing that the Company is in good standing in the jurisdiction of its incorporation, organization or formation,
as applicable, and each other State in which such Company is qualified to do business as a foreign entity; and

(iv)            
all other documents required to be delivered by Stockholder on or prior to the Closing Date
pursuant to this Agreement.

(c)               
At the Closing, Buyer shall deliver to Stockholder:

(i)                
the Purchase Price; and

(ii)              
all other documents required to be delivered by Buyer on or prior to the Closing Date pursuant
to this Agreement.

4.                 
REPRESENTATIONS AND WARRANTIES OF STOCKHOLDER AND THE COMPANY.
The Company, as to the time period up to and including Closing only, and Stockholder, jointly and severally, represent and warrant
to Buyer that the statements contained in this Article 4: (i) are correct and complete as of the Effective Date; (ii) will
be correct and complete as of the Closing Date; and (iii) shall survive the Closing.

(a)               
Organization; Authority.

(i)                
The Company is a corporation, and is duly incorporated, organized or formed, as applicable,
pursuant to the laws where it was organized, and is validly existing and in good standing under those laws, and is now and has
been at all times since its creation, duly authorized, qualified and licensed under all Applicable Laws to carry on its businesses
in the places and in the manner as conducted at the time such activities were conducted. 

(ii)              
The Company and Stockholder have the corporate or individual power and authority to execute
and delivery, and bind it to the terms of, this Agreement and each Transaction Document, to perform its obligations hereunder and
thereunder and to consummate the transaction contemplated of it hereby and thereby. The Company and Stockholder have taken all
necessary corporate action to authorize the execution, delivery and performance by it of this Agreement and each Transaction Document
and the consummation of any transactions contemplated hereby or thereby. All corporate action by the Company and Stockholder necessary
to approve the transactions contemplated by this Agreement and the Transaction Documents (including director and shareholder, approvals,
if necessary) have been taken.

    	 	2	 

     

    

(iii)            
This Agreement and each Transaction Document has been duly executed and delivered by the Company
and Stockholder and is each a binding and valid obligation of such Party (assuming the due execution and delivery by each other
Party thereto, if any), enforceable against the Company and Stockholder, as applicable, in accordance with its terms, except as
such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar Applicable Laws relating
to or affecting the rights and remedies of creditors generally and subject to general principles of equity (whether considered
in a proceeding at law or in equity).

(iv)            
The Company has the corporate power and authority required to own, lease and operate
its assets and to carry on its Business as now being conducted.

(b)              
Equity Ownership. All of the Stock is owned of record and beneficially, and good and
valid title to the Stock is held, by Stockholder, free and clear of all Adverse Claims. The Stock constitutes all the stock or
other equity interest in the Company. At Closing, Buyer will receive from Stockholder good and valid title in the Stock, free and
clear of all Adverse Claims. 

(c)               
Capitalization. All of the Stock has been duly authorized and validly issued, is fully
paid and nonassessable, was offered, issued, sold and delivered in compliance with all Applicable Laws concerning the issuance
of securities and no Stock was issued pursuant to awards, grants or bonuses nor in violation of the preemptive rights of any past
or present stockholder or equityholder. The Company has never acquired any treasury stock. Neither the Stock nor the Company is
subject to any subscriptions, options, warrants, puts, calls, conversion rights, or other commitments of any kind which obligate
the Company to issue capital stock or otherwise relate to the sale or transfer of any securities or other equity interests in the
Company (whether debt or equity). Neither the Stock nor the Company is subject to any proxy, agreement regarding dividends, voting
trust, voting agreement or other agreement with respect to the voting or any pledge agreement, buy-sell agreement, right of first
refusal or offer, tag along right, contractual transfer restriction or preemptive right. In addition, the Company does not have
any obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interests
therein or to pay any dividend or make any distribution in respect thereof. The Company has not agreed to register any securities
under the Act, or under any state securities law.

(d)              
Predecessor Entities; Trade Names. The Company has not directly or indirectly participated
in any manner in any joint venture, partnership or other Person. 

(e)               
Financial Statements. The Company has financial statements for the years ended June
30, 2015 and June 30, 2016, and for the interim period ended March 31, 2017 (the “Financial Statements”). Each
of the Financial Statements has been prepared in accordance with IFSR regulations, applied on a consistent basis throughout the
periods indicated. Each of the Financial Statements is true, complete and correct in all material respects. All reserves for contingent
risks have been estimated and reflected in the Financial Statements in accordance with IFSR regulations. The Financial Statements
are consistent with the books and records of the Company. The Financial Statements present fairly, in all material respects, the
financial position of the Company as of the date thereof, and the results of operations, cash flows and equity of the Company for
the period covered thereby. 

(f)               
Liabilities. The Financial Statements contain a complete and accurate list of all Liabilities
of the Company (excluding obligations arising under this Agreement, which are not individually reflected in the Financial Statements),
together with, in the case of those Liabilities the amounts of which are not fixed, a good faith estimate of the maximum amount
which will be payable therefor. 

    	 	3	 

     

    

(g)               
Accounts Receivable. All accounts and notes receivable reflected in the Financial Statements
and all accounts and notes receivable arising subsequent to the date of the Financial Statements (i) represent valid obligations
arising from sales made or services rendered by the Company in the ordinary course of business and (ii) are the bona fide obligations
of the account debtor in accordance with their terms. The reserves for the accounts and notes receivable set forth in the Financial
Statements have been calculated in the ordinary course of business and there are no facts or circumstances that are reasonably
likely to result in any increase in the uncollectability of any such receivables in excess of any reserve therefor set forth in
the Financial Statements. 

(h)              
Proprietary Rights; Environmental Documents.

(i)                
The Company has provided Buyer with a complete and accurate list and summary description of
all trademarks, trade names, patents, patent applications, copyrights, domain names, social media accounts or identities and other
intellectual property owned or held by the Company (collectively, the “Intellectual Property”). The Company
possesses adequate rights (either through ownership or a perpetual, irrevocable, royalty-free, fully-paid up license) to
use all Intellectual Property. No Intellectual Property has been claimed to or otherwise infringes on the rights of any Person.
All Intellectual Property is valid, in good standing and in full force and effect. The Intellectual Property represents the only
intellectual property, as applicable, necessary for, or used in, the operation of the Business as presently. 

(ii)              
Stockholder has made available to Buyer for its inspection all (A) reports, notifications,
Governmental Approvals, pending permit applications, licenses and pending license applications, environmental impact studies, assessments
and audits relating to the Company, and (B) notifications from Governmental Authorities and any other Person received by Stockholder
or any Company relating to: (1) each actual or overtly threatened violation of Applicable Laws by the Company or otherwise relating
to its Business and all, if any, claims thereof; (2) each actual or overtly threatened claim or lawsuit against Stockholder, the
Company or affecting or relating to the Business; and (3) the present or past environmental condition of the Building and any Land
(collectively, the “Environmental Documents”).

(i)                
Real Property; Reporting.

(i)                
The Company has provided Buyer all real property owned in fee simple by the Company (the “Owned
Land”) and all real property leased by the Company (the “Leased Land” and collectively with the Owned
Land, the “Land”). The Company does not own nor has ever owned any real property other than the Owned Land.
The Company has a valid leasehold interest in, the Leased Land, in each case, free and clear of all Adverse Claims, and the Land
is the only real property necessary for, or used in, the Business. 

(ii)              
The Company has provided Buyer correct and complete descriptions of or copies of each lease
for Leased Land and the expiration date for such lease. With respect to each lease for the Leased Land:

(A)             
each such lease is legal, valid, binding, enforceable and in full force and effect and the
other parties thereto and represents the entire agreement between the respective the parties thereto with respect to such Leased
Land;

(B)             
neither the Company nor Stockholder has: (1) received any notice of cancellation or termination
under any such lease, or (2) received any notice of a breach or default under any such lease, which breach or defaults has not
been cured; and

    	 	4	 

     

    

(iii)            
The Company presently enjoys peaceful and quiet possession of the Leased Land. 

(j)                
Personal Property.

(i)                
The Company has provided Buyer a complete and accurate list and a complete description as
of all personal property of the Company, including true and correct copies of leases for equipment and other personal property,
if any, used in the operation of the Business. Except for an inventory of obsolete inventory held in storage, all of such personal
property is suitable for its current use and is maintained in good condition ordinary wear and tear excepted.

(ii)              
The Company has good, valid and marketable title to, or a valid leasehold interest in, all
equipment, facilities, vehicles and other tangible and intangible personal assets, interests and rights (A) reflected in the Financial
Statements or acquired after the date thereof by the Company or (B) otherwise necessary to operate the Business, in each case,
free and clear of all Adverse Claims except for Permitted Encumbrances. 

(k)              
Contracts. The Company has provided Buyer a complete and accurate list of the following
types of Contracts to which the Company is a party or by which the Company or its properties are bound (collectively, “Material
Contracts”), which list shall include, at a minimum, the names of each party to each Material Contract:

(i)                
waste collection, treatment and disposal Contracts or any lease of equipment or personal property;

(ii)              
joint venture, shareholder, registration rights, partnership agreements or similar Contracts;

(iii)            
collective bargaining Contracts with any labor organizations;

(iv)            
loan agreements or any notes, debentures, bonds, equipment trusts, letters of credit, or other
Contracts for or evidencing Indebtedness;

(v)              
indemnity or guaranty agreements, bonds or mortgages;

(vi)            
options to purchase land;

(vii)          
liens, pledges or other security agreements;

(viii)        
agreements for the employment of any individual; 

(ix)            
consulting agreements;

(x)              
any Contract or other agreement restricting or requiring approval of the transactions contemplated
hereby; 

(xi)            
any Contract with a Governmental Authority (other than Governmental

    	 	5	 

     

    

 

Approvals);

(xii)          
any Contract between the Company and Stockholder or any Affiliate of a Stockholder; 

(xiii)        
any Contract giving the right to acquire directly or indirectly any ownership interest in,
or containing any obligation or requirement to provide for or to make any investment in, any Person or property;

(xiv)        
any Contract containing a covenant not to compete or other covenant restricting the engagement
in any line of business, acquisition of any property, development or distribution of any product or provision of any service or
covenant regarding exclusivity or “most favored nation” arrangements;

(xv)          
any Contract with a term that exceeds one (1) year;

(xvi)        
any profit sharing, stock option, stock purchase, stock appreciation, deferred compensation,
severance, or other similar Contract; 

(xvii)      
any Contract for ownership or licensing of intellectual property; and

(xviii)    
any other Contract, of any nature, that is material to the Company or its Business.

No Material Contract
has been materially modified, altered, or otherwise amended and there have been no waivers, oral agreements, representations or
other statements with relation to any Material Contract. There is no default by any party to any Material Contract and each Material
Contract is in full force and effect. No action is required in order for all Material Contracts to remain full force and effect
after Closing as a result of the Closing. True, correct and complete copies of each Material Contract have been delivered to Buyer.

(l)                
Insurance Policies. The Company has provided Buyer a complete and accurate list of
all insurance policies that cover the Company, its assets or any Employee, director or officer of any Company, in each case, as
of the Effective Date (a “Policy”), and an accurate and complete list of any pending claims, and the aggregate
amount of any claims paid out, under each Policy. The Company has delivered to Buyer a complete and accurate copy of each Policy.
To Stockholder’s Knowledge, all Policies are in full force and effect and shall remain in full force and effect through the
Closing Date. All premiums due under each Policy have been paid in full, and none of the Company, Stockholder or their Affiliates
have received a written notice of cancellation or termination of any Policy. The Policies evidence all insurance required by the
Company pursuant to the any Material Contract or any Applicable Law.

(m)            
Employees; Compensation. The Company has provided Buyer a complete and accurate list
of all employees who have rendered services on behalf of the Company and the compensation payable to such employees as of the Effective
Date. Each employee is an employee at will and there are no collective bargaining agreements affecting any Employee or employee.
There is no pending or threatened labor dispute involving the Company and any group of its employees nor has the Company experienced
any labor interruptions over the past three years. The Company does not have an employee other than an Employee. 

(n)              
Employee Plans. The Company does not maintain any employee benefit plans, employee
welfare benefit plans, employee pension benefit plans, multi-employer plans or multiple-employer welfare arrangements (as defined
in Sections 3(3), (1), (2), (37) and (40), respectively, of ERISA) (collectively, the “Employee Benefit Plans”).
There are no agreements containing “golden parachute” provisions and deferred compensation agreements of the Employees
covered thereby.

    	 	6	 

     

    

(o)              
Compliance with Law; No Conflicts.

(i)                
The Company has in the past complied in all material respects with, and is now in compliance
in all material respects, with, all Applicable Laws. Neither the Company nor Stockholder have received any notice that the Company
is under investigation or other form of review with respect to any Applicable Law.

(ii)              
The execution, delivery and performance of this Agreement and each Transaction Document by
the Company and Stockholder, the consummation of any transactions herein referred to or contemplated hereby or thereby by the Company
and Stockholder and the fulfillment of the terms hereof and thereof by the Company and Stockholders will not:

(A)             
conflict with, or result in a breach or violation of any Charter Document of the Company;

(B)             
conflict with, or result in a breach under any document, agreement or other instrument to
which the Company or Stockholder is a party or which its assets are bound, or result in the creation or imposition of any Adverse
Claim on any property of the Company or Stockholder;

(C)             
violate in any material respect any Applicable Law (in effect as of the Effective Date or
the Closing Date, as applicable) applicable to the Company or Stockholder; or

(D)             
require any notices to, consents of or filings with any Governmental Authority or other third
Person (collectively, the “Stockholder Required Approvals”).

(p)              
Taxes. The Company and Stockholder have duly and timely filed each Tax Return required
to be filed with any Tax Authority (or have timely and properly filed valid extensions of time with respect to the filing thereof)
on or prior to the Closing Date, and have paid all Taxes shown as due and payable thereon. All such Tax Returns are true, complete
and correct in all material respects. The Company has withheld and paid all material Taxes required to have been withheld and paid
in connection with amounts paid or owing to any employee, independent contractor or other Person. As to each Tax Period for which
the statute of limitations on assessments has not yet expired as to a given Tax, the Company is not a party to or bound by any
Tax sharing agreement. 

(q)              
Litigation. There is no claim, litigation, action, suit or proceeding, investigation,
formal arbitration, informal arbitration or mediation, administrative, judicial or other review, pending or, to Stockholder’s
knowledge, threatened against the Business or the Company or otherwise relating to the business or affairs of the Company (or against
Stockholder that could, individually or in the aggregate, reasonably be expected have a Material Adverse Effect), at law or in
equity, before any Governmental Authority; no notice of any of the above has been received by the Company or Stockholder; and no
facts or circumstances exist which would give rise to any of the foregoing which if adversely determined would have a Material
Adverse Effect. There is no material indemnity claim against the Company that is pending or threatened in writing. There is no
material unsatisfied Governmental Order against the Company.

(r)                
Conduct of Business. Since March 31, 2017, there has not been any:

(i)                
event, occurrence, fact, condition or change that, individually or in the aggregate, has or
would have a Material Adverse Effect;

(ii)              
change in the authorized capital or the equity ownership of the Company or grant of any subscriptions,
options, warrants, puts, calls, conversion rights or other commitments or similar rights related to the equity interests of the
Company;

(iii)            
execution of any material Contract or the payment, incurrence or agreement to incur any Liability
(including any capital expenditures) by the Company in excess of $10,000.00 (as determined individually or in the aggregate
with each other Liability of the Company), other than payments required under Material Contracts.

    	 	7	 

     

    

(iv)            
increase in the compensation, benefits, bonus, sales commissions or fee arrangements payable
or to become payable by the Company to any Employee, shareholder, officer or director of the Company, except as set forth in the
Transaction Documents;

(v)              
work interruption, labor grievance or claim filed with respect to the Company;

(vi)            
sale or transfer of, or any agreement to sell or transfer, any material assets, property or
rights of the Company to any Person not in the ordinary course of business, including all agreements with Stockholder or with Affiliates;

(vii)          
plan, agreement or arrangement granting any preferential right to purchase or acquire any
interest in any of the assets, property or rights of the Company or requiring consent of any party to the transfer and assignment
of any such assets, property or rights;

(viii)        
breach of, amendment to, waiver of any provision of, termination or expiration of any Contract
or Governmental Approval of the Company;

(ix)            
transaction outside the ordinary course of the Business;

(x)              
amendment to any Charter Document of the Company;

(xi)            
other material occurrence, event, incident, action or failure to act outside the ordinary
course of the Business; or

(xii)          
action by the Company, Stockholder, or any employee, officer or agent of the Company or Stockholder
committing to do any of the foregoing.

(s)               
Hazardous Materials. The Compay has not generated, transported, handled, recycled,
stored, reclaimed or disposed of Hazardous Materials in violation of, or that would otherwise subject the Company to a Liability
under, any Environmental Law. No liens with respect to environmental Liability have been imposed against the Company or the Business
under CERCLA, any comparable state statute or other Applicable Law. 

(t)                
Absence of Certain Business Practices. Except as set forth in the Transaction documents,
none of the Company, Stockholder or the Company’s employees have ever made, offered or agreed to offer anything of value
to any employees of any customers of the Company for the purpose of attracting business to the Company or any foreign or domestic
governmental official, political party or candidate for government office or any of their respective employees or representatives,
nor have they otherwise taken any action which would cause it to be in violation of the Foreign Corrupt Practices Act of 1977,
as amended.

(u)              
No Brokers. Neither the Company nor Stockholder has had any dealings with any broker
or agent so as to entitle such broker or agent to a commission or fee in connection with the transactions contemplated by this
Agreement or any Transaction Document. 

(v)              
Insolvency. Neither the Company nor any Stockholder is in bankruptcy, in liquidation,
winding-up or in the process of dissolution. No petition or notice has been presented, no order has been presented, no order has
been made and no resolution has been passed for the bankruptcy, liquidation, winding-up or dissolution of the Company. No receiver,
trustee, custodian or similar fiduciary has been appointed over the whole or any part of the assets or the income of Stockholder
or the Company. Neither the Company nor Stockholder has any plan or intention of, or has not received any written notice that any
other Person has any plan or intention of, filing, making or obtaining any such petition, notice, order or resolution or of seeking
the appointment of any such receiver, trustee, custodian or similar fiduciary. At the Closing, there will be Available Cash in
the Company’s bank account. 

    	 	8	 

     

    

(w)             
Officers and Bank Accounts. The Company has provided Buyer a complete list of (i) each
officer, director or manager of the Company, (ii) each bank account of the Company and (iii) the persons authorized to sign checks
drawn on such accounts. No power of attorney granted by the Company is in effect.

(x)              
Trade Relations. Since the date of the Financial Statements, there has not been any
actual, or, to Stockholder’s Knowledge, any threatened, termination, cancellation or limitation of, or any materially adverse
modification or change in, any business relationship of the Company with one or more customers, individually or in the aggregate,
representing more than one percent (1%) of the revenues of the Company reflected in the Financial Statements.

(y)              
Indebtedness. There are no issued or outstanding bonds, debentures, notes, or other
Contracts or Liabilities for Indebtedness of the Company. 

5.                 
REPRESENTATIONS AND WARRANTIES OF BUYER. Buyer represents
and warrants to Stockholder that the statements contained in this Article 5: (i) are correct and complete as of the Effective
Date; (ii) will be correct and complete as of the Closing Date; and (iii) shall survive the Closing.

(a)               
Corporate Organization. Buyer is a corporation, duly formed, validly existing and in
good standing under the laws of the State of Nevada. Buyer is duly authorized, qualified and licensed under all Applicable Laws
to carry on its businesses in the places and in the manner as now conducted except for where the failure to be so authorized, qualified
or licensed would not have a material adverse effect on its ability to perform its obligations under this Agreement or any Transaction
Document.

(b)              
Corporate Authority. Buyer has the corporate power and authority to execute and deliver,
and bind Buyer to the terms of, this Agreement and each Transaction Document, to perform its obligations hereunder and thereunder
and to consummate the transaction contemplated of it hereby and thereby. Buyer has taken all necessary action to authorize the
execution, delivery and performance by it of this Agreement and each Transaction Document and the consummation of any transactions
contemplated hereby or thereby by Buyer. All corporate action by Buyer necessary to approve the transactions contemplated by this
Agreement and the Transaction Documents (including director and shareholder approvals, if necessary) has been taken.

(c)               
No Conflicts. The execution, delivery and performance of this Agreement and each Transaction
Document by Buyer and the consummation of any transactions contemplated hereby or thereby by Buyer will not (assuming, with respect
to Clauses (ii)-(iii), all Buyer Required Approvals have been obtained):

(i)                
conflict with, or result in a breach or violation of any Charter Document of Buyer; 

(ii)              
result in a material breach under any document, agreement or other instrument to which Buyer
is a party; 

(iii)            
violate in any material respect any Applicable Law (in effect as of the Effective Date or
the Closing Date, as applicable) applicable to Buyer; or

(iv)            
require any notices to, consents of or filings with any Governmental Authority or other third
Person (collectively, the “Buyer Required Approvals”).

    	 	9	 

     

    

(d)              
Binding Agreement. This Agreement and each Transaction Document has been duly executed
and delivered by Buyer and is each a binding and valid obligation of Buyer (assuming the due execution and delivery by each other
party thereto, if any), enforceable against Buyer in accordance with its terms, except as such enforcement may be limited by bankruptcy,
insolvency, reorganization, moratorium or other similar Applicable Laws relating to or affecting the rights and remedies of creditors
generally and subject to general principles of equity (whether considered in a proceeding at law or in equity).

(e)               
No Brokers. Buyer has had no dealings with any broker or agent so as to entitle such
broker or agent to a commission or fee in connection with the transactions contemplated by this Agreement or any Transaction Document.

(f)               
Insolvency. Buyer is not in bankruptcy, in liquidation, winding-up or in the process
of dissolution. No petition or notice has been presented, no order has been presented, no order has been made and no resolution
has been passed for the bankruptcy, liquidation, winding-up or dissolution of Buyer. No receiver, trustee, custodian or similar
fiduciary has been appointed over the whole or any part of the assets or the income of Buyer. Buyer does not have any plan or intention
of, or has not received any written notice that any other Person has any plan or intention of, filing, making or obtaining any
such petition, notice, order or resolution or of seeking the appointment of any such receiver, trustee, custodian or similar fiduciary.

6.                 
CLOSING CONDITIONS.

(a)               
Buyer’s Conditions of Closing. The obligation of Buyer to purchase and pay for
the Stock shall be subject to and conditioned upon the satisfaction at the Closing of each of the following conditions:

(i)                
All representations and warranties of the Company contained in this Agreement shall be true
and correct at and as of the Closing Date and the Company shall have performed all agreements and covenants and satisfied all conditions
on their part to be performed or satisfied by the Closing Date pursuant to the terms of this Agreement.

(ii)              
There shall have been no material adverse change since the date of the Financial Statements
in the financial condition, business or affairs of the Company and the Company shall not have suffered any material loss (whether
or not insured) by reason of physical damage caused by fire, earthquake, accident or other calamity which substantially affects
the value of its assets, properties or business.

(iii)            
Neither any investigation of the Company nor any other document delivered to Buyer as contemplated
by this Agreement, shall have revealed any facts or circumstances which materially impairs the Company or its financial condition,
assets, liabilities (absolute, accrued, contingent or otherwise), reserves, business, operations or prospects.

(iv)            
No suit, action, investigation, inquiry or other proceeding by any Government Authority or
other Person or legal or administrative proceeding shall have been instituted or threatened against the Company which questions
the validity or legality of the transactions contemplated hereby.

(v)              
As of the Closing Date, there shall be no effective injunction, writ, preliminary restraining
order or any order of any nature issued by a court of competent jurisdiction directing that the transactions provided for herein
or any of them not be consummated as so provided or imposing any conditions on the consummation of the transactions contemplated
hereby, which is unduly burdensome on the Company.

    	 	10	 

     

    

(vi)            
The Company shall have delivered to Buyer audited financial statements and unaudited pro forma
financial information in accordance with the requirements of Rule 8-04 of Regulation S-X to be used by the Buyer in its filings
with the U.S. Securities and Exchange Commission.

(b)              
Company and Stockholder Conditions of Closing. The obligation of the Company and Stockholder
to sell the Stock shall be subject to and conditioned upon the satisfaction at the Closing of each of the following conditions:

(i)                
All representations and warranties of Buyer contained in this Agreement shall be true and
correct at and as of the Closing Date and Buyer shall have performed all agreements and covenants and satisfied all conditions
on their part to be performed or satisfied by the Closing Date pursuant to the terms of this Agreement.

(ii)              
No suit, action, investigation, inquiry or other proceeding by any Government Authority or
other Person or legal or administrative proceeding shall have been instituted or threatened which questions the validity or legality
of the transactions contemplated hereby.

(iii)            
As of the Closing Date, there shall be no effective injunction, writ, preliminary restraining
order or any order of any nature issued by a court of competent jurisdiction directing that the transactions provided for herein
or any of them not be consummated as so provided or imposing any conditions on the consummation of the transactions contemplated
hereby, which is unduly burdensome on Buyer.

(iv)            
Buyer shall have conducted and completed a financing and raised no less than $4,000,000.00.

7.                 
POST CLOSING COVENANTS.

(a)               
Tax Matters.

(i)                
Scope of Tax Indemnity Provisions. The Parties acknowledge and agree that, in the case
of any indemnity claim for Taxes under this Section 7(a), the respective indemnification rights and obligations of the Parties
shall be governed by this Section 7(a) and not by Article 8. Notwithstanding anything to the contrary in this Section
7(a), Buyer shall not have any liability for any Tax in connection with the Company until the Closing has occurred. In order
to accurately determine the financial position of the Company over the Straddle Period, the Company shall have an interim closing
of its books on the Closing Date. 

(ii)              
Allocation of Liability for Taxes.

(A)             
Stockholder’s Liability. Stockholder shall be liable for, and shall indemnify,
defend and hold each Buyer Indemnitee harmless from and against, any and all Taxes imposed on or with respect to the Company for
any Pre-Closing Period.

(B)             
Buyer’s Liability. Buyer shall be liable for, and shall indemnify, defend and
hold Stockholder harmless from and against, (1) any and all Taxes imposed on the Company for any Post-Closing Period activity;
and (2) any and all state stamp or documentary transfer Taxes arising from the transfer of the Stock hereunder.

(iii)            
Preparation and Filing of Tax Returns.

    	 	11	 

     

    

(A)             
Stockholder’s Rights and Responsibilities. Stockholder shall have the obligation
to timely prepare and file, or cause to be timely prepared and filed, when due, all Tax Returns that report Taxes for which such
Stockholder is liable under Section 7(a)(ii)(A) (other than Straddle Period Tax Returns).

(B)             
Buyer’s Rights and Responsibilities. Buyer shall have the right and obligation
to timely prepare and file, or cause to be timely prepared and filed, when due, all Tax Returns that report Taxes for which Buyer
is liable under Section 7(a)(ii)(B) (including all Straddle Period Tax Returns).

(C)             
Preparation of Tax Returns.

(1)              
Buyer shall prepare and provide, or cause the Company to prepare and provide, to Stockholder,
in accordance with the past custom and practice of the Company, Stockholder’s Tax packages and such other Tax information
as is reasonably requested by Stockholder to enable Stockholder to prepare any Tax Return which such Stockholder has the right
and obligation hereunder to prepare and file. 

(2)              
The Stockholder shall prepare and provide to Buyer such Tax information as is reasonably requested
by Buyer with respect to the operations, ownership, assets or activities of the Company for Pre-Closing Periods to the extent such
information is relevant to any Tax Return which Buyer has the right and obligation hereunder to prepare and file. Any Tax information
reasonably requested by Buyer pursuant to this Section 7(a)(iv)(C)(2) shall be provided to Buyer within ten (10) days of
such request.

(iv)            
Tax Controversies; Assistance and Cooperation.

(A)             
Notice. In the event any Tax Authority informs a Stockholder, on the one hand, or Buyer,
on the other hand, of any notice of proposed audit, claim, assessment or other dispute concerning an amount of Taxes with respect
to which the other Party may incur liability hereunder, the Party so informed shall promptly notify the other Party of such matter.
Such notice shall contain factual information (to the extent known) describing any asserted Tax liability in reasonable detail
and shall be accompanied by copies of any notice or other documents received from any Tax Authority with respect to such matter.
If a Party has knowledge of an asserted Tax liability with respect to a matter for which it is to be indemnified hereunder and
such Party fails to provide the indemnifying Party prompt notice of such asserted Tax liability (i) if the indemnifying Party is
precluded from contesting the asserted Tax liability in any forum as a result of the failure to give prompt notice, the indemnifying
Party shall have no obligation to indemnify the indemnified Party for Taxes arising out of such asserted Tax liability, and (ii)
if the indemnifying Party is not precluded from contesting the asserted Tax liability in any forum, but such failure to provide
prompt notice results in a monetary detriment to the indemnifying Party, then any amount which the indemnifying Party is otherwise
required to pay the indemnified Party pursuant to this Agreement shall be reduced by the amount of such detriment.

(B)             
Expenses. Buyer and Stockholder shall each bear their own expenses in connection with
audit and other administrative and judicial proceedings under this Section 7(a).

(C)             
Assistance and Cooperation. Stockholder, on the one hand, and Buyer, on the other hand,
shall cooperate (and cause their Affiliates to cooperate) with each other and each other’s agents, including accounting firms
and legal counsel, in connection with Tax matters relating to the Company, including (i) preparation and filing of Tax Returns,
(ii) determining the liability and amount of any Taxes due or the right to and amount of any refund of Taxes, (iii) examinations
of Tax Returns, and (iv) any administrative or judicial proceedings in respect of Taxes assessed or proposed to be assessed. Such
cooperation shall include making all information and documents in its possession available to the other Party. The Parties shall
retain all Tax Returns, schedules and workpapers, and all material records and other documents relating thereto, until the expiration
of the applicable statute of limitations (including, to the extent notified by any party, any extension thereof) of the Tax Period
to which such Tax Returns and other documents and information relate. Each of the Parties shall also make available to the other
Party, as reasonably requested and available, personnel (including employees and agents) responsible for preparing, maintaining,
and interpreting information and documents relevant to Taxes, and personnel reasonably required as witnesses or for purposes of
providing information or documents in connection with any administrative or judicial proceedings relating to Taxes.

    	 	12	 

     

    

(v)              
Survival of Items Related to Taxes. Notwithstanding any other provision of this Agreement
to the contrary, the covenants, representations and warranties made by the parties in this Agreement and in any other certificates
and documents delivered in connection herewith related to Taxes shall survive the Closing Date and shall continue in full force
and effect until sixty (60) days after all applicable statutes of limitations, including waivers and extensions thereof, have expired
with respect to the matters addressed therein.

(b)              
Further Assurance. From time to time on and after the Closing and without further consideration,
each Party shall deliver or cause to be delivered to any other Party at such times and places as shall be reasonably requested,
such additional instruments as any of the others may reasonably request for the purpose of carrying out this Agreement and the
Transaction Documents and the transaction contemplated hereby and thereby. Stockholder, also without further consideration, agrees
to cooperate with Buyer and to use its reasonable efforts to cause the present officers and employees of the Company to cooperate
on and after the Closing Date in furnishing to Buyer information, evidence, testimony, and other assistance in connection with
obtaining all necessary permits and approvals and in connection with any actions, proceedings, arrangements or disputes of any
nature with respect to matters pertaining to all periods prior to the Closing Date.

(c)               
Books and Records. Stockholders shall, promptly after the Closing, provide or cause
to be provided to Buyer all of the books and records in connection with the Company in the possession of Stockholder or its Affiliates.

(d)              
No Issuance. From and after the Closing, neither Stockholder nor the Company shall
issue any debt or equity interest of any kind or nature to any Person without the prior written consent of Buyer. 

(e)               
Survival. The covenants in this Article 7 shall survive the Closing.

8.                 
INDEMNIFICATION.

(a)               
Indemnification by Stockholder. Stockholder agrees that it will indemnify, defend,
protect and hold harmless Buyer and the Company and their respective divisions, subdivisions, Affiliates, subsidiaries and parents
and their respective officers, shareholders, members, directors, agents, employees, successors and assigns (collectively, “Buyer
Indemnities”) at all times from and after the Closing Date from and against all liabilities claims, damages, actions,
suits, proceedings, demands, assessments, adjustments, penalties, losses, costs and expenses whatsoever (including court costs,
reasonable attorneys’ fees and expenses, and expenses of investigation) whether equitable or legal (collectively “Losses”),
arising out of, as a result of or incident to (and whether or not related to any occurrence prior to, on or after the Closing Date):
(i) any breach of, misrepresentation in, untruth in or inaccuracy in any representation or warranty (including those relating to
the environmental condition of the Business and the Company’s environmental compliance) made in this Agreement or any Transaction
Document by the Stockholders or the Company (in each case, with any resulting Loss measured without regard to any “materiality,”
“Material Adverse Effect” or similar qualifiers in any such representation or warranty); (ii) nonfulfillment or nonperformance
of any agreement, covenant or condition on the part of any Stockholder made in this Agreement or any Transaction Document; (iii) nonfulfillment
or nonperformance of any agreement, covenant or condition on the part of the Company made in this Agreement or any Transaction
Document and to be performed on, before or after the Closing Date; (iv) the existence of Liabilities of the Company in excess of
the Liabilities represented by Stockholders and the Company; (v) any claim arising from an occurrence or action prior to Closing;
(vi) any Excluded Liabilities; and (vii) any claim by a third party that, if true, would mean that a condition for indemnification
set forth in Clauses (i) through (vi) of this Section 8(a) had been satisfied.

    	 	13	 

     

    

(b)              
Indemnification by Buyer. Buyer agrees that it will indemnify, defend, protect and
hold harmless each Stockholder and its Affiliates, and their respective officers, shareholders, directors, agents, employees, heirs,
successors and permitted assigns (collectively, the “Stockholder Indemnities”), at all times from and after
the Closing Date from and against all Losses incurred by Stockholder Indemnities as a result of or incident to: (i) any breach
of, misrepresentation in, untruth in or inaccuracy in any representation or warranty made in this Agreement or any Transaction
Document by Buyer; (ii) nonfulfillment or nonperformance of any agreement, covenant or condition on the part of Buyer made in this
Agreement or any Transaction Document; and (iii) any claim by a third party that, if true, would mean that a condition for indemnification
set forth in Clause (i) or (ii) of this Section 8(b) had been satisfied.

(c)               
Procedure for Indemnification with Respect to Third-Party Claims.

(i)                
If any third party shall notify a Party (the “Indemnified Party”) with
respect to any matter (a “Third-Party Claim”) that may give rise to a claim for indemnification against any
other Party (the “Indemnifying Party”) or if any Party who may make a claim for indemnification under this Agreement
otherwise becomes aware of any matter that may give rise to such a claim or wishes to make such a claim (whether or not related
to a Third-Party Claim), then the Indemnified Party shall promptly notify the Indemnifying Party thereof in writing; provided,
however, that no delay on the part of the Indemnified Party in notifying the Indemnifying Party shall relieve the Indemnifying
Party from any obligation hereunder unless (and then solely to the extent) the Indemnifying Party is thereby prejudiced.

(ii)              
The Indemnifying Party will have the right to defend the Indemnified Party against a Third-Party
Claim with counsel of its choice reasonably satisfactory to the Indemnified Party so long as (A) the Indemnifying Party notifies
the Indemnified Party in writing within a reasonable time after the Indemnified Party has given notice of the Third-Party Claim
that the Indemnifying Party will indemnify the Indemnified Party from and against the entirety of any adverse consequences (which
will include all Losses) the Indemnified Party may suffer resulting from, arising out of, relating to, in the nature of, or caused
by the Third-Party Claim, (B) the Indemnifying Party provides the Indemnified Party with evidence acceptable to the Indemnified
Party that the Indemnifying Party will have the financial resources to defend against the Third-Party Claim and fulfill its indemnification
obligations hereunder, (C) the Third-Party Claim involves only monetary damages and does not seek an injunction or equitable relief,
(D) settlement of, or adverse judgment with respect to the Third-Party Claim is not, in the good faith, reasonable judgment of
the Indemnified Party, likely to establish a precedential custom or practice adverse to the continuing business interests of the
Indemnified Party, and (E) the Indemnifying Party conducts the defense of the Third-Party Claim actively, diligently and completely.

(iii)            
So long as the Indemnifying Party is conducting the defense of the Third-Party Claim in accordance
with Section 8(c)(ii), (A) the Indemnified Party may retain separate co-counsel at its sole cost and expense and participate
in the defense of the Third-Party Claim, (B) the Indemnified Party will not consent to the entry of any judgment or enter into
any settlement with respect to the Third-Party Claim without the prior written consent of the Indemnifying Party (which will not
be unreasonably withheld) and (C) the Indemnifying Party will not consent to the entry of any judgment or enter into any settlement
with respect to the Third-Party Claim without the prior written consent of the Indemnified Party (which will not be unreasonably
withheld).

    	 	14	 

     

    

(iv)            
In the event or to the extent that any of the conditions set forth in Section 8(c)(ii)
is or becomes unsatisfied, (A) the Indemnified Party may defend against, and consent to the entry of any judgment or enter into
any settlement with respect to, the Third-Party Claim and any matter it may deem appropriate in its sole discretion and the Indemnified
Party need not consult with, or obtain any consent from, any Indemnifying Party in connection therewith (but will keep the Indemnifying
Party reasonably informed regarding the progress and anticipated cost thereof), (B) the Indemnifying Party will reimburse the Indemnified
Party promptly and periodically for the cost of defending against the Third-Party Claim (including attorneys, fees and expenses),
(C) the Indemnifying Party will remain responsible for any adverse consequences the Indemnified Party may suffer resulting from,
arising out of, relating to, in the nature of, or caused by the Third-Party Claim to the fullest extent provided in this Article
8; and (D) the Indemnifying Party shall be deemed to have waived any claim that its indemnification obligation should be reduced
because of the manner in which the counsel for the Indemnified Party handled the Third-Party Claim.

(d)              
No Consequential Damages. EXCEPT WITH RESPECT TO THIRD-PARTY CLAIMS INDEMNIFABLE
HEREUNDER, NO PARTY SHALL BE LIABLE UNDER THIS AGREEMENT OR ANY TRANSACTION DOCUMENT FOR SPECIAL, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL
DAMAGES, WHETHER BASED ON STATUTE, TORT, COMMON LAW, STRICT LIABILITY, CONTRACT OR OTHERWISE AND WHETHER ARISING FROM SOLE, JOINT
OR CONCURRENT NEGLIGENCE, STRICT LIABILITY OR OTHERWISE IN CONNECTION HEREWITH OR THEREWITH.

(e)               
Survival. Except for claims based on fraud in connection with this Agreement and the
transactions contemplated hereby, all covenants and agreements of Stockholder, the Company and Buyer which require performance
prior to the Closing will survive the Closing and remain in effect until the date twelve (12) months following the Closing Date
(the “Expiration Date”), and unless a specified period is set forth in this Agreement, the covenants in this Agreement
which require performance after the Closing will survive the Closing and remain in effect indefinitely. Unless otherwise specified
in this Section 8(e) or elsewhere in this Agreement, and except for claims based on fraud in connection with this Agreement or
the transactions contemplated hereby, all representations and warranties that are covered by the indemnification obligations in
Sections 8(a) and Section 8(b) shall expire on the Expiration Date; provided, however, that the indemnification claims with respect
to the representations and warranties set forth in: (i) Section 4(p) (Tax Matters) and Section 4(m) (Employee Benefits) (to the
extent related to Tax matters) shall survive for the duration of the period ending 30 days following the expiration of the applicable
statute of limitations, and (ii) Section 4(a) (Organization: Authority), Section 4(b) (Equity Ownership), Section 4(c) (Capitalization),
shall survive until the expiration of the applicable statute of limitations. All representations described in clauses (i) and (ii)
of this Section 8(e), shall be collectively referred to herein as “Fundamental Representations,” If an Indemnified
Party delivers to an Indemnifying Party, before expiration of a representation, warranty, covenant or agreement, either a notice
of claim or notice of a Third-Party Claim based upon a breach of such representation, warranty, covenant or agreement, then the
applicable representation, warranty, covenant or agreement shall survive until, but only for purposes of, the final resolution
of the matter covered by such notice (including, without limitation, the final determination and/or payment of any Losses which
any Indemnified Party may incur at any future date to the extent of the matter covered by such notice or otherwise arising out
of the matter covered by such notice). If the legal proceeding or written claim with respect to which a notice of a claim or notice
of a Third-Party Claim has been given is definitively withdrawn or resolved in favor of an Indemnified Party, such Indemnified
Party shall promptly so notify the Indemnifying Party. 

(f)       Buyer
Cap. Notwithstanding anything to the contrary herein, Buyer shall not be liable for any Losses
of Stockholder in excess of the Purchase Price.

    	 	15	 

     

    

9.                 
NONDISCLOSURE OF CONFIDENTIAL INFORMATION AND NON-COMPETE.

(a)               
Nondisclosure by Stockholder. Stockholder recognizes and acknowledges that it had in
the past, currently has, and in the future may possibly have, access to certain confidential information of the Company, such as
lists of customers, and pricing and cost policies that are valuable, special and unique assets of the Company and the Business.
Stockholder agrees that it will not disclose such confidential information to any third party or other entity for any purpose or
reason whatsoever, except to authorized representatives of Buyer, unless such information becomes known to the public generally
through no fault of any of a Stockholder. In the event of a breach or threatened breach by Stockholder of the provisions hereof,
Buyer shall be entitled to an injunction restraining such Stockholder from disclosing, in whole or in part, such confidential information.
Nothing herein shall be construed as prohibiting Buyer from pursuing any other available remedy for such breach or threatened breach,
including, without limitation, the recovery of damages. The provisions of this Section 9(a) shall apply at all times prior
to the Closing Date and for a period of two (2) years following the Closing.

(b)              
Public Announcements. No public release or announcement concerning the terms of the
transactions contemplated hereby shall be issued by Stockholder or the Company without the prior consent of Buyer, except as such
release or announcement may be required by Applicable Law or applicable securities or stock exchange rules, in which case, the
Party required to make such release or announcement shall allow, to the extent practicable, the other Parties reasonable time to
comment on such release or announcement in advance of such release or announcement.

10.             
GENERAL.

(a)               
Assignment; Amendment. This Agreement and the rights of the Parties hereunder may not
be assigned and shall be binding upon and shall inure to the benefit of the Parties, and their respective successors and permitted
assigns; provided, however, that Buyer may assign this Agreement to any Affiliate. This Agreement may be modified
or amended only by a written instrument executed by all Parties.

(b)              
Third-Party Beneficiary. The Parties agree that no Person (other than a Party) shall
be a third-party beneficiary to this Agreement.

(c)               
Entire Agreement. This Agreement (together with the Transaction Documents) is the final,
complete and exclusive statement and expression of the agreement among the Parties with relation to the subject matter of this
Agreement, it being understood that there are no oral representations, understandings or agreements covering the same subject matter
as this Agreement. This Agreement (together with the Transaction Documents) supersedes, and cannot be varied, contradicted or supplemented
by evidence of any prior or contemporaneous discussions, correspondence, or oral or written agreements of any kind with respect
to the subject matter of this Agreement.

(d)              
Counterparts. This Agreement may be executed simultaneously in two (2) or more counterparts,
each of which shall be deemed an original and all of which together shall constitute but one and the same instrument.

(e)               
Expenses of Transaction. Whether or not the transactions herein contemplated shall
be consummated: (i) Buyer will pay the fees, expenses and disbursements of Buyer and its agents, representatives, accountants
and counsel incurred in connection with the negotiation or execution of this Agreement or any Transaction Document and any amendments
hereto or thereto and all other costs and expenses incurred in the performance and compliance with all conditions to be performed
by Buyer under this Agreement or any Transaction Document; and (ii) Stockholders will pay the fees, expenses and disbursements
of Stockholder and the Company and their respective agents, representatives, accountants and counsel incurred in connection with
the negotiation or execution of this Agreement or any Transaction Document and any amendments hereto or thereto and all other
costs and expenses incurred in the performance and compliance with all conditions to be performed by Stockholders and the Company
under this Agreement or any Transaction Document. All such fees, expenses and disbursements of Stockholders and the Company shall
be paid by Stockholder prior to or at the time of the Closing so as not to become an obligation of the Company.

    	 	16	 

     

    

 

(f)               
Notices. All notices or other communications required or permitted hereunder shall
be in writing and may be given by depositing the same in United States mail, addressed to the Party to be notified, postage prepaid
and registered or certified with return receipt requested, by overnight courier or by delivering the same in person to such Party.

(a)       If
to Stockholder or the Company, addressed to it at:

c/o Gert Andersen

________________

________________

 

 

(b)       If
to Buyer, addressed to it at:

The Seagram Building, 375
Park Avenue

Suite 2607, New York City
NY 10152 U.S.A.

Attention: Gert Andersen,
CEO

 

 

Notice shall be deemed given and effective
the day personally delivered, the day after being sent by overnight courier, subject to signature verification, and three (3) Business
Days after the deposit in the U.S. mail of a writing addressed as above and sent first class mail, certified, return receipt requested,
or when actually received, if earlier. Any Party may change the address for notice by notifying the other Parties of such change
in accordance with this Section 10(f).

(g)               
Governing Law; Choice of Forum. This Agreement shall be governed by and construed in
accordance with the laws of the State of Nevada, without giving effect to any choice or conflict of law provision or rule (whether
of the State of Nevada or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the
State of Nevada.

(h)              
Proceeding. ANY LEGAL SUIT, ACTION OR PROCEEDING
ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY MAY BE INSTITUTED in the federal courts of
the United States OF AMERICA IN NEVADA, OR the State DISTRICT THEREIN AND EACH PARTY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION
OF SUCH COURTS IN ANY SUCH SUIT, ACTION OR PROCEEDING. THE PARTIES IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY OBJECTION TO THE LAYING
OF VENUE OF ANY SUIT, ACTION OR ANY PROCEEDING IN SUCH COURTS AND IRREVOCABLY WAIVE AND AGREE NOT TO PLEAD OR CLAIM IN ANY SUCH
COURT THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.
Each Party hereby consents to service of
process by registered mail or receipted courier at its address set forth in Section 10(F) and agrees that its submission
to jurisdiction and its consent to service of process by mail are made for the express benefit of the other Parties.

    	 	17	 

     

    

(i)                
Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER
THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY
WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT OR
THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (II)
SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) SUCH PARTY
HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION
10(i).

(j)                
No Waiver. No delay of or omission in the exercise of any right, power or remedy accruing
to any Party as a result of any breach or default by any other Party under this Agreement shall impair any such right, power or
remedy, nor shall it be construed as a waiver of or acquiescence in any such breach or default, or of or in any similar breach
or default occurring later; nor shall any waiver of any single breach or default be deemed a waiver of any other breach of default
occurring before or after that waiver.

(k)              
Time of the Essence. Time is of the essence of this Agreement.

(l)                
Captions. The headings of this Agreement are inserted for convenience only, shall not
constitute a part of this Agreement or be used to construe or interpret any provision hereof.

(m)            
Severability. In case any provision of this Agreement shall be invalid, illegal or
unenforceable, it shall, to the extent possible, be modified in such manner as to be valid, legal and enforceable but so as most
nearly to retain the intent of the Parties. If such modification is not possible, such provision shall be severed from this Agreement.
In either case, the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be
affected or impaired thereby.

(n)              
Construction. The Parties have participated jointly in the negotiation and drafting
of this Agreement. In the event an ambiguity or question of intent or interpretation arises with respect to this Agreement, this
Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or
disfavoring any Party by virtue of the authorship of any of the provisions of this Agreement. Any reference to any Applicable Law
shall be deemed to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The words
“include”, “includes” and “including” shall be deemed to be followed by the words “without
limitation”. Unless otherwise specified or where the context otherwise requires: (i) the singular shall include the plural
and the plural shall include the singular wherever appropriate; (ii) references to any gender include all others if applicable
in the context; (iii) any term defined as a particular part of speech shall have the analogous meaning when used as a different
part of speech; (iv) the words “hereof,” “herein” and “herewith” and words of similar import
shall be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement; (v) references
to “Clauses,” “Sections,” “Articles,” “Schedules” and “Exhibits” shall
be to Clauses, Sections, Articles, Schedules and Exhibits of or to this Agreement; (vi) the Schedules and Exhibits to this Agreement
are an integral part of this Agreement; (vii) references to any Person include the successors and permitted assigns of such Person
and any reference to a Governmental Authority includes any successor thereto; (viii) references to any Contract (including this
Agreement) or other document are to such Contract or other document as amended, modified or supplemented from time to time in accordance
with the terms hereof and thereof, as applicable; (ix) any reference to any Applicable Law means such Applicable Law as amended,
supplemented, modified or replaced from time to time and (x) the use of the words “or,” “either” and “any”
shall not be exclusive. The Parties intend that representation, warranty and covenant contained herein shall have independent significance.
If any Party has breached any representation, warranty or covenant contained herein in any respect, the fact that there exists
another representation, warranty or covenant relating to the same subject matter (regardless of the relative levels of specificity)
that the Party has not breached shall not detract from or mitigate the fact the Party is in breach of the first representation,
warranty or covenant.

    	 	18	 

     

    

[THIS PAGE INTENTIONALLY
LEFT BLANK. SIGNATURE PAGE FOLLOWS.]

    	 	19	 

     

    

IN WITNESS WHEREOF,
the Parties have executed this Agreement as of the Effective Date.

VILACTO BIO INC.

By: Gert Andersen

Printed Name: Gert Andersen

Title: CEO

PHARMA GP APS

By: Gert Andersen

Printed Name: Gert Andersen

Title: CEO

9 HEROES APS

By: Gert Andersen

Printed Name: Gert Andersen

Title: CEO

    	 	20	 

     

    

 

EXHIBIT A

GLOSSARY

Unless otherwise set forth herein, capitalized
terms shall have the respective meanings ascribed to such terms in the body of the Agreement.

“Act” - means the Securities
Act of 1933, as amended.

“Adverse Claims” –
shall have the meaning set forth in Section 1(a).

“Affiliates” – means,
with respect to any Person, any other Person that directly or indirectly, through one or more intermediaries, controls, is controlled
by, or is under common control with, such first Person. The term "control" (including the terms "controlled by"
and "under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction
of the management and policies of a Person.

“Agreement” – shall
have the meaning set forth in the Preamble.

“Applicable Laws” and “Applicable
Law” – means any applicable federal, national, regional, state, municipal or local law, statute, treaty, rule, regulation,
ordinance, order, code, judgment, decree, directive, injunction, writ, similar action or decision implementing any of the foregoing
by any Governmental Authorities, and includes all applicable Governmental Approvals.

“Benefit Plan” – shall
have the meaning set forth in Section 1(c).

“Business” – shall
have the meaning set forth in the Recitals.

“Business Day” – means
any day except Saturday, Sunday or any other day on which commercial banks located in the State of Nevada are authorized or required
by Applicable Law to be closed for business.

“Buyer” – shall have
the meaning set forth in the Preamble.

“Buyer Indemnitees” –
shall have the meaning set forth in Section 8(a).

“Buyer Required Approval”
– shall have the meaning set forth in Section 5(c)(iv).

“CERCLA” – means the
Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization
Act of 1986, 42 U.S.C. §§ 9601 et seq.

“Charter Documents”- means,
with respect to a Person, the certificate or articles of incorporation, certificate or articles of formation or organization, by-laws,
shareholders’ agreement, limited liability company agreement, partnership agreement or other comparable organizational documents,
as applicable, of such Person.

“Closing” – shall
have the meaning set forth in Section 3(a).

“Closing Date”-shall have
the meaning set forth in Section 3(a).

“Code” - shall mean the
United States Internal Revenue Code of 1986, as amended.

“Company” - shall have the
meaning set forth in the Preamble.

“Contract” - means any agreement,
contract, lease, consensual obligation, promissory note, evidence of Indebtedness, purchase order, letter of credit, license, promise
or undertaking of any nature (whether written or oral and whether express or implied), including letters of intent, executed term
sheets, and similar evidences of an agreement in principle.

    	 	21	 

     

    

“Effective Date” –
shall have the meaning set forth in the Preamble.

“Employee Benefit Plan”
– shall have the meaning set forth in Section 4(n).

“Employees” – means
those Persons who render services exclusively on behalf of the Company immediately prior to the Closing.

“Environmental Documents”
– shall have the meaning set forth in Section 4(h)(ii).

“Environmental Law” –
means any Applicable Law, and any Governmental Order or binding agreement with any Governmental Authority: (a) relating to pollution
(or the cleanup thereof) or the protection of natural resources, endangered or threatened species, human health or safety, or the
environment (including ambient air, soil, surface water or groundwater, or subsurface strata); or (b) concerning the presence of,
exposure to, or the management, manufacture, use, containment, storage, recycling, reclamation, reuse, treatment, generation, discharge,
transportation, processing, production, disposal or remediation of any Hazardous Materials. The term "Environmental Law"
includes the following (including their implementing regulations and any state analogs): the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§
9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act of 1976, as amended by the
Hazardous and Solid Waste Amendments of 1984, 42 U.S.C. §§ 6901 et seq.; the Federal Water Pollution Control Act of 1972,
as amended by the Clean Water Act of 1977, 33 U.S.C. §§ 1251 et seq.; the Toxic Substances Control Act of 1976, as amended,
15 U.S.C. §§ 2601 et seq.; the Emergency Planning and Community Right-to-Know Act of 1986, 42 U.S.C. §§ 11001
et seq.; the Clean Air Act of 1966, as amended by the Clean Air Act Amendments of 1990, 42 U.S.C. §§ 7401 et seq.; and
the Occupational Safety and Health Act of 1970, as amended, 29 U.S.C. §§ 651 et seq.

“ERISA” – means the
Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated thereunder.

“Excluded Liabilities” –
means any Liabilities of Stockholder or the Company not disclosed in writing to Buyer prior to the Effective Date.

“Financial Statements” –
shall have the meaning set forth in Section 4(e).

“Governmental Approval”
- means any right, authorization, approval, consent, license, ruling, permit, tariff, certification, exemption, declaration, resolution,
order, recognition, grant, confirmation, clearance, filing or registration from, by or with any Governmental Authority (including
Environmental Permits).

“Governmental Authority”
– means any federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality
of such government or political subdivision, or any self-regulated organization or other non-governmental regulatory authority
or quasi-governmental authority (to the extent that the rules, regulations or orders of such organization or authority have the
force of Applicable Law), or any arbitrator, court or tribunal of competent jurisdiction.

“Governmental Order” –
means any order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority.

“Hazardous Materials” –
means: (a) any material, substance, chemical, waste, product, derivative, compound, mixture, solid, liquid, mineral or gas, in
each case, whether naturally occurring or man-made, that is hazardous, acutely hazardous, toxic, or words of similar import or
regulatory effect under Environmental Laws; and (b) any petroleum or petroleum-derived products, radon, radioactive materials or
wastes, asbestos in any form, lead or lead-containing materials, urea formaldehyde foam insulation and polychlorinated biphenyls.

“Indebtedness” –means,
with respect to any Person: (a) all indebtedness of such Person (whether or not contingent and whether or not secured or unsecured)
for borrowed money; (b) all Liabilities of such Person for the deferred purchase price of property or services; (c) all Liabilities
of such Person evidenced by notes, bonds, debentures, finance leases or other similar instruments and Liabilities of such Person
for reimbursement in respect of any letter of credit, banker’s acceptance or similar credit transaction; (d) all Liabilities
of such Person in respect of any lease of (or other arrangements conveying the right to use) real or personal property, or a combination
thereof, which Liabilities are required to be classified and accounted for under IFSR regulations as capital leases; (e) all Liabilities
of such Person with respect to hedging, swaps or similar arrangements; and (f) all guarantees, pledges and grants of a security
interest by such Person in respect of, or securing obligations with respect to, the indebtedness or other Liabilities of any other
Person referred to in Clauses (a) through (e).

    	 	22	 

     

    

“Indemnified Party” –
shall have the meaning set forth in Section 8(c)(i).

“Indemnifying Party” –
shall have the meaning set forth in Section 8(c)(i).

“Knowledge” – shall
mean the actual knowledge of a Party and the knowledge that such Party would be reasonably expected to have under the circumstances.

“Land” – shall have
the meaning set forth in Section 4(i)(i).

“Leased Land” – shall
have the meaning set forth in Section 4(i)(i).

“Liabilities” – means
any direct or indirect liabilities, obligations, expenses, indebtedness, claims, losses, damages, deficiencies, guarantees, endorsements
or commitments, in each case, whether accrued, absolute, contingent, asserted, unasserted, matured, unmatured, secured or unsecured.

“Losses” – shall have
the meaning set forth in Section 8(a).

“Material Adverse Effect”
– means any event, occurrence, fact, condition or change that is materially adverse to (a) the business, results of operations,
financial condition or assets of the Company, or (b) the ability of Stockholder or any Company to consummate the transactions contemplated
by this Agreement or any Transaction Document.

“Material Contracts” –
shall have the meaning set forth in Section 4(k).

“Parties” –means Buyer,
the Company and Stockholder.

“Permitted Encumbrances”
– means any of the following matters: (i) liens for taxes not yet due and payable or taxes that are being contested in good
faith; (ii) landlord’s liens (other than those of the AOS Company) which do not materially impair the occupancy or use, value
or marketability of the property which they encumber; and (iii) encumbrances (including, without limitation, fee mortgages or ground
leases) affecting the Company’s Leased Land not created or granted by such Company which do not impair the occupancy or use,
value or marketability of the property which they encumber.

“Person” – means an
individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization,
trust, association or other entity.

“Policy” ” –
shall have the meaning set forth in Section 4(l).

“Post-Closing Period” -
means (a) as to Taxes in the nature of income or franchise Taxes measured by net income, gross receipts or taxable –capital,
any Tax Period of the Company commencing after the Closing Date and the portion of any Straddle Period commencing after the Closing
Date, and (b) as to all other Taxes, any Tax Period of the Company with respect to which the proper due date for payment of Taxes
(without regard to extensions) is after the Closing Date.

“Pre-Closing Period” –
means (a) as to Taxes in the nature of income or franchise Taxes measured by net income, gross receipts or taxable capital, any
Tax Period of the Company ending on or before the Closing Date and the portion of any Straddle Period ending on the Closing Date,
and (b) as to all other Taxes, any Tax Period of the Company with respect to which the proper due date for payment of Taxes (without
regard to extensions) is on or before the Closing Date.

“Purchase Price” –
shall have the meaning set forth in Section 2(a).

“Representatives” means,
with respect to a Person, the agents, auditors, advisors, counsel, consultants, engineers, and representatives of such Person.

“Stock” – shall have
the meaning set forth in Section 1(a).

    	 	23	 

     

    

“Stockholder” – shall
have the meaning set forth in the Preamble.

“Stockholder Indemnities”
– shall have the meaning set forth in Section 8(b).

“Stockholder Required Approval”
– shall have the meaning set forth in Section 4(o)(ii)(D).

“Straddle Period” means
any Tax Period of the Company in respect of Taxes in the nature of income or franchise Taxes measured by net income, gross receipts
or taxable capital that begins before and ends after the Closing Date.

“Tax” or “Taxes”
– means any income, corporation, gross receipts, profits, gains, capital stock, capital duty, franchise, withholding, social
security, unemployment, disability, property, wealth, welfare, stamp, excise, occupation, sales, use, transfer, value added, estimated
or other similar tax or charge in the nature of a tax imposed by any governmental entity (whether national, state, local or otherwise)
or political subdivision thereof, and any interest, penalties, additions to tax or additional amounts in respect of the foregoing,
and including any liability in respect of any tax as a result of being a member of any affiliated, consolidated, combined, unitary
or similar group.

“Tax Authority” –
means, with respect to any Tax, the governmental entity or political subdivision thereof that imposes such Tax, and the agency,
if any, charged with the collection of such Tax for such entity or subdivision.

“Tax Period” – means,
with respect to any Tax, the period for which the Tax is reported as provided under Applicable Tax Law.

“Tax Return” – means,
with respect to any Tax, any information return, report, statement, declaration or document required to be filed under the Applicable
Tax Law in respect of such Tax, any claim for refund of Taxes paid and any amendment or supplements to any of the foregoing.

“Third-Party Claim” –
shall have the meaning set forth in Section 8(c)(i).

“Transaction Document” –means,
with respect to a Party, each Contract, certificate or other document to be executed and delivered by such Party pursuant to this
Agreement or otherwise agreed to be deliverable at Closing, including, without limitation, the documents described in Sections
3(b) and 6 hereof.

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