Document:

COLLATERAL
ASSIGNMENT OF RIGHTS UNDER

ACQUISITION TRANSACTION DOCUMENTS

 

This
Collateral Assignment of Rights under Acquisition Transaction Documents (as amended, restated or otherwise modified from time
to time, this “Agreement”) is entered into as of August __, 2017 by and between SHAREDLABS, INC., a
Delaware corporation (“Acquisition Party”), and SUPER G CAPITAL, LLC, a Delaware limited liability company
(“Lender”) pursuant to that certain Business Loan and Security Agreement, dated of even date herewith (as amended,
supplemented or restated from time to time, the “Loan Agreement”), by and among Acquisition Party, ITECH US,
INC., a Virginia corporation (the “Company”) and SMART WORKS, LLC, a New Jersey limited liability company (“Smart
Works” and, together with Acquisition Party and the Company, “Borrower”), and Lender.

 

WHEREAS,
Acquisition Party, the Company, and Kishore Khandavalli, the shareholder of the Company (the “Seller”) are
parties to that certain Stock Purchase Agreement (together with any and all amendments, supplements or other modifications thereto,
the “Purchase Agreement”), dated as of June 30, 2017, pursuant to which, among other things, Acquisition Party
purchased all of the stock of the Company (the “Acquisition Transaction”); the Purchase Agreement and all other
agreements, documents and instruments executed and delivered in connection with the Acquisition Transaction, as each may be amended,
modified, restated or supplemented from time to time, are collectively referred to herein as the “Acquisition Transaction
Documents”; the Acquisition Transaction Documents include, without limitation, that certain Promissory Note dated effective
as of June 30, 2017 executed by Acquisition Party payable to the order of the Seller in the original principal amount of $2,850,000;

 

WHEREAS,
Acquisition Party and Lender have entered into that certain Business Loan and Security Agreement dated on or about the date hereof
(the “Loan Agreement”), providing for a term loan facility in the principal amount of up to $2,000,000;

 

WHEREAS,
as a condition to Lender entering into the Loan Agreement, Lender has required that (i) Acquisition Party grant to Lender a security
interest in and collateral assignment of all of Acquisition Party’s respective rights and remedies under the Acquisition
Transaction Documents, and (ii) the Seller enter into a subordination agreement in the form attached hereto as Exhibit A;
and

 

WHEREAS,
capitalized terms, unless otherwise defined herein, shall have the meanings set forth in the Loan Agreement.

 

NOW,
THEREFORE, in consideration of the premises set forth herein and for other good and valuable consideration, Acquisition Party
agrees as follows:

 

1. As
collateral security for the payment and performance of all of the Obligations, Acquisition Party hereby assigns, transfers and
sets over to Lender, its successors and assigns, all of Acquisition Party’s rights and remedies (but not its obligations)
under and with respect to the Acquisition Transaction Documents, and all right, title and interest in and to any and all sums
due to or recovered by Acquisition Party under the Acquisition Transaction Documents, including, without limitation, Acquisition
Party’s rights and remedies with respect to (i) any breach by Seller of any representations, warranties and covenants under
the Acquisition Transaction Documents and (ii) any indemnification from Seller arising under or pursuant to the Acquisition Transaction
Documents.

 

    	 	 	 

    	 

    

 

2. Acquisition
Party represents and warrants that:

 

(a) There
has been no assignment of any of Acquisition Party’s rights under the Acquisition Transaction Documents to any other person
or entity;

 

(b) Acquisition
Party is not in default in any material respect under the Acquisition Transaction Documents and knows of no default on the part
of any other party to the Acquisition Transaction Documents; and

 

(c) Acquisition
Party has not done or omitted to do any act so as to be estopped from exercising any of its rights under the Acquisition Transaction
Documents.

 

3. Acquisition
Party agrees and covenants unto Lender as follows:

 

(a) Acquisition
Party will perform and observe each and every material condition and covenant of Acquisition Party contained in the Acquisition
Transaction Documents.

 

(b) At
any time (other than during the existence of an Event of Default as defined in the Loan Agreement), insofar as Acquisition Party
may have any right, privilege or claim against any person or entity under the Acquisition Transaction Documents, including, without
limitation, all of Acquisition Party’s rights and remedies with respect to indemnification, Acquisition Party shall use
prudent business judgment concerning the enforcement of such rights, privileges and claims in accordance with the terms of the
Acquisition Transaction Documents and if, in the exercise of such judgment, Acquisition Party determines to enforce such rights,
privileges and claims, Acquisition Party shall enforce the same diligently, in good faith and at no cost or expense to Lender.

 

(c) Acquisition
Party hereby agrees that all payments due to the Seller from Acquisition Party under or arising under the Acquisition Transaction
Documents shall be made to Lender, and Lender shall promptly remit such payments to Seller, so long as prior to and after giving
effect to any such payment to the Lender by the Acquisition Party: (i) no Event of Default has occurred under the Loan Agreement;
and (ii) Borrower’s Fixed Charge Coverage Ratio (as defined in the Loan Agreement) shall be no less than 1.10:1.0.

 

    	 	 2	 

    	 

    

 

(d) Acquisition
Party hereby irrevocably makes, constitutes and appoints Lender (and all officers, employees or lenders designated by Lender)
as its true and lawful attorney, with full authority in the place and stead of Acquisition Party and in the name of Acquisition
Party, Lender or otherwise, from time to time in Lender’s discretion to take any action and to execute any instrument that
Lender may deem necessary or advisable to accomplish the purposes of this Agreement, including to (w) take any and all action,
in its own name or the name of Acquisition Party, including filing any claim or instituting any action or proceeding, as Lender
deems necessary or desirable to exercise the rights and remedies of Acquisition Party, and/or to enforce the obligations of the
Seller, under the Acquisition Transaction Documents, (x) ask, demand, receive, receipt and give acquittance for any and all amounts
which may be or become due and payable, or remain unpaid at any time and times to Acquisition Party by any Seller Party under
or pursuant to the Acquisition Transaction Documents, (y) endorse any checks, drafts or other orders for the payment of money
payable to Acquisition Party in payment thereof, and (z) collect any and all damages, awards and other monies due from the Seller
Parties and apply the same on account of the Obligations in accordance with the terms and provisions of the Loan Agreement. The
power of attorney granted herein is coupled with an interest and shall terminate only at such time as the Obligations have been
paid and satisfied in full (“Payment in Full”). The Seller Parties are hereby authorized to recognize Lender’s
claims to rights (but not the obligations) granted hereunder without investigating any reason for any action taken by Lender or
the validity or the amount of the Obligations, or the application to be made by Lender of any of the amounts to be paid to Lender.
In no event, however, shall Lender be required or obligated in any manner to assert or exercise any right or remedy of Acquisition
Party, or to enforce any obligations of the Seller Parties, under the Acquisition Transaction Documents, and Lender’s failure
to do so shall not give rise to any liability to Acquisition Party or any other person or entity. Without limiting the foregoing,
during the existence of an Event of Default under the Loan Agreement, Acquisition Party shall not make any payments to any Seller
Party under the Acquisition Transaction Documents.

 

(e) Acquisition
Party shall keep Lender fully informed of all circumstances bearing upon Acquisition Party’s rights and remedies, and the
Seller Parties’ obligations, under the Acquisition Transaction Documents, and Acquisition Party shall not waive, amend,
alter, modify or terminate any of its rights or remedies, or any of the Seller Parties’ covenants or obligations, under
the Acquisition Transaction Documents without the prior written consent of Lender, which consent shall not be unreasonably withheld,
conditioned or delayed. Acquisition Party shall promptly advise Lender in writing of any breach or default by any Seller Party
of any of its covenants or obligations under the Acquisition Transaction Documents.

 

(f) Notwithstanding
the foregoing, Acquisition Party expressly acknowledges and agrees that it shall remain liable under Acquisition Transaction Documents
to observe and perform all of the conditions and obligations therein contained to be observed and performed by it, and that neither
this Agreement, nor any action taken pursuant hereto, shall cause Lender to be under any obligation or liability in any respect
whatsoever to any party to the Acquisition Transaction Documents for the observance or performance of any of the representations,
warranties, conditions, covenants, agreements or terms therein contained.

 

4. Acquisition
Party agrees as follows:

 

(a) This
Agreement is effective until Payment in Full.

 

(b) This
Agreement shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and permitted
assigns.

 

(c) This
Agreement shall not be amended, modified or supplemented, or any provision waived, without the written agreement of Acquisition
Party and Lender at the time of such amendment, modification, supplement or waiver.

 

    	 	 3	 

    	 

    

 

(d) This
Agreement, and all matters arising herefrom or relating hereto (whether arising in tort, contract or otherwise), shall be governed
by and construed in accordance with the laws of the State of California, without regard to its otherwise applicable principles
of conflicts of laws. The provisions of this Agreement and other agreements and documents referred to herein are to be deemed
severable, and the invalidity or unenforceability of any provision shall not affect or impair the remaining provisions which shall
continue in full force and effect.

 

(e) This
Agreement shall be effective upon delivery to the Lender, without further act, condition or acceptance by the Lender.

 

(f) Acquisition
Party (i) consents to the personal jurisdiction of the state and federal courts located in the State of California in connection
with any controversy related to this Agreement; (ii) waives any argument that venue in any such forum is not convenient, (iii)
agrees that any litigation initiated by the Agent or the undersigned in connection with this Agreement may be venued in either
the state courts or Federal Court located in Orange County, California; and (iv) agrees that a final judgment in any such suit,
action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner
provided by law.

 

(g) Sections
11, 12 and 15 of the Loan Agreement are hereby incorporated herein by this reference, with the names of the
parties to this Agreement and the applicable documents being used instead of those in the Loan Agreement.

 

(h) Any
notices required or permitted to be given pursuant to this Agreement must be in writing and may be given by personal delivery,
email, facsimile, first class mail via the United States Postal Service, postage prepaid, or by any overnight courier by sending
said notice to the applicable recipient at the address set forth below:

 

	If
                                         to Lender:

         

        Super
        G Capital, LLC

        23 Corporate Plaza, Suite 100

        Newport Beach, CA 92660

        Attention: Marc Cole

        Facsimile: (949) 73407486

        Email: marc@supergcapital.com
	with
                                         a copy to:

         

        Jeffer
        Mangels Butler & Mitchell LLP

        1900 Avenue of the Stars, 7th Floor

        Los Angeles, CA 90067

        Attention: Joel J. Berman

        Facsimile: 310-203-0567

        Email: jberman@jmbm.com

	 	 
	If
                                         to Acquisition Party:

         

        SHAREDLABS,
        INC.,

        a Delaware corporation

        118 W. Adams, Suite 200

        Jacksonville, FL 32202

        Attn: Jason M. Cory
	with
                                         a copy to:

         

        Sichenzia
        Ross Ference Kesner LLP

        61 Broadway, 32nd Floor

        new York, NY 10002

        Attention: Darrin Ocasio

        Facsimile: 212-930-9725

        Email: docasio@srfkllp.com

 

    	 	 4	 

    	 

    

 

	If
                                         to Seller Parties:

         

        ITECH
        US, INC.,

        a Virginia corporation (the “Company”)

        20 Kimball Avenue, #303n

        South Burlington, VT 05403
	 

 

If
any party desires to change the address or email and fax numbers to which notices are to be sent, it shall do so in writing and
deliver the same to the other parties in accordance with the notice provisions set forth above. Any notice given by any party
under this Agreement will be effective upon a party’s receipt of the notice or if mailed, upon the earlier of a party’s
receipt of the notice and the third (3rd) Business Day after the mailing of the notice.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	 	 5	 

    	 

    

 

IN
WITNESS WHEREOF, this instrument has been duly executed and delivered, as of the date first set forth above.

 

	ACQUISITION
    PARTY:	SHAREDLABS,
    INC., a Delaware corporation
	 	 	 
	 	By:	 
	 	 	Name
    and Title
	 	 	 
	ACCEPTED:	SUPER
    G CAPITAL, LLC, as Lender
	 	 
	 	By:	 
	 	 	Marc
    Cole, Chief Financial Officer

 

    	 	 1Prestige
Capital Corporation 

400
KELBY STREET, 14TH FLOOR, FORT LEE, NEW JERSEY 07024 (201) 944-4455

 

Purchase
and Sale Agreement (“Agreement”)

 

1.
ASSIGNMENT. PRESTIGE CAPITAL CORPORATION (“Prestige”) hereby buys and SMART WORKS, LLC (“Seller”)
hereby sells, transfers and assigns all of Seller’s right, title and interest in and to those specific accounts receivable
owing to Seller as set forth on the assignment forms provided by Prestige (the “Assignments”) together with all rights
of action accrued or to accrue thereon, including without limitation, full power to collect, sue for, compromise, assign or in
any other manner enforce collection thereof in Prestige’s name or otherwise. All of Seller’s accounts receivable and
contract rights which are presently or at any time hereafter assigned by Seller, and accepted by Prestige, are collectively referred
to as (the “Accounts”).

 

2.
ADVANCE. Upon Prestige’s receipt and acceptance of each Assignment, Prestige shall pay to Seller EIGHTY percent
(80%) of the face value of the Accounts and SEVENTY percent (70%) of the face value of unbilled yet earned
Accounts therein described (the “Down Payment”). Notwithstanding anything to the contrary contained in this Agreement,
the maximum outstanding balance of Seller to Prestige shall be $3,500,000 (“Maximum Advance”).

 

3.
RESERVE. Prestige will hold in reserve the difference between the Purchase Price (hereinafter defined) and the Down Payment
(the “Reserve”) and provided there are no outstanding chargebacks or disputes, will pay to Seller, the Reserve, less
any sums due Prestige hereunder, five (5) business days from the date on which the Accounts have been collected in good funds,
charged back and/or deemed collected by Prestige due to an account debtor’s insolvency. For purposes of this Agreement,
the term “Purchase Price” shall mean the net face value of Accounts, less; Prestige’s discount fee described
in paragraph 4 below, returns, credits, allowances and discounts; and less all other sums charged or chargeable to Seller’s
Accounts.

 

4.
DISCOUNT. Prestige’s purchase of the Accounts from Seller shall be at a discount fee which is deducted from the face
value of each Account upon collection. The discount fee, which shall be based on the number of days an Account is outstanding
from the date of the Down Payment, shall be as follows: If paid within 30 days a discount fee of 1.65%; if paid within
40 days a discount fee of 2.20%; if paid within 50 days a discount fee of 2.75%; if paid within 60 days a discount
fee of 3.30%; if paid within 70 days a discount fee of 3.85%; if paid within 80 days a discount fee of 4.40%;
if paid within 90 days a discount fee of 4.95% and an additional 1.5% for each 10 day period thereafter until the account
is paid. In addition to the foregoing there shall be a one-time closing fee of $17,500, or .50% of the Maximum Advance payable
out of the initial funding.

 

5.
WARRANTIES, REPRESENTATION AND COVENANTS. As an inducement for Prestige’s entering into this Agreement and with full
knowledge that the truth and accuracy of the warranties, representations and covenants in this Agreement are being relied upon
by Prestige, instead of the delay of a complete credit investigation, Seller warrants, represents and covenants that:

 

	 	(a)	Seller
    is properly licensed and authorized to operate the business of IT staffing;
	 	(b)	Seller
    is the sole and absolute owner of the Accounts and has the full legal right to make said sale, assignment and transfer;
	 	(c)	The
    correct amount of each Account will be set forth on the Assignments;
	 	(d)	At
    the time of the Assignments, each Account is an accurate and undisputed statement of indebtedness from an account debtor for
    a sum certain, without offset or counterclaim and which is due and payable in ninety days or less;
	 	(e)	Each
    Account is an accurate statement of a bona fide sale, delivery and acceptance of merchandise or performance of service by
    Seller to an account debtor;
	 	(f)	Seller
    does not own, control or exercise dominion in any way whatsoever, over the business of any account debtor;
	 	(g)	All
    financial records, statements, books or other documents shown to Prestige by Seller at any time either before or after the
    signing of this Agreement are true and accurate;
	 	(h)	Seller
    will not under any circumstance or in any manner whatsoever, interfere with any of Prestige’s rights under this Agreement;
	 	(i)	Seller
    has not and will not cause, at any time, any lien, security interest or encumbrance to be created upon any of its accounts
    receivable and/or its inventory without the prior written consent of Prestige;
	 	(j)	Seller
    will not change or modify the terms of the Accounts with any account debtor unless Prestige first consents, in writing;

 

    	 	 	Pg 1 of 4

    	 

    

 

	 	(k)	Seller
    will notify Prestige, in writing, in advance of: any change in Seller’s place of business; Seller having or acquiring
    more than one place of business; any change in Seller’s chief executive office; and/or any change in the office or offices
    where Seller’s books and records concerning accounts receivable are kept;
	 	(l)	Seller
    will immediately notify Prestige of any proposed or actual change of the Seller’s legal entity or corporate structure,
    and upon receipt of notice thereof, any proposed or actual change in any account debtor’s identity;
	 	(m)	A
    notification letter from Seller and/or all invoices will state on their face that the Accounts represented thereby have been
    assigned to Prestige and are to be paid directly to Prestige or to a lockbox designated by Prestige; and
	 	(n)	No
    Account shall be on a bill-and-hold, guaranteed sale, sale-and-return, sale on approval, consignment or any other repurchase
    or return basis;

 

The
warranties, representations and covenants contained in this paragraph 5 shall be continuous and be deemed to be renewed each time
Seller assigns Accounts to Prestige. Prestige shall have recourse against the Seller in the event that any of the warranties,
representations and covenants set forth in this paragraph 5 are breached.

 

6.
INTENTIONALLY OMITTED

 

7.
CHARGE-BACK. In the event that any Account is not paid within 90 days of invoice date for any reason whatsoever, including,
without limitation, any alleged defense, counterclaim, offset, dispute or other claim (real or merely asserted) whether arising
from or relating to the sale of goods or rendition of services or arising from or relating to any other transaction or occurrence,
then in any such event Prestige shall have the right to chargeback such Account to Seller. No chargeback shall be deemed a reassignment
to Seller of the Account involved. Seller acknowledges that all amounts chargeable to Seller’s account under this Agreement
shall be payable by Seller on demand.

 

8.
NOTICE OF DISPUTE. Seller must immediately notify Prestige of any disputes between any account debtor and Seller.

 

9.
SETTLEMENT OF DISPUTE. Upon 10 days notice to Seller, Prestige may, at its option, settle any dispute with any account debtor.
Such settlement does not relieve Seller of any of its obligations under this Agreement.

 

10.
SOLE PROPERTY. Once Prestige has purchased the Accounts, the payment from account debtors relative to the Accounts is the
sole property of Prestige. Any interference by Seller with this payment will result in civil and/or criminal liability.

 

11.
SECURITY INTEREST. As a further inducement for Prestige to enter into this Agreement, and as security for the prompt performance,
observance and payment of all obligations owing by Seller to Prestige, Seller hereby grants to Prestige a continuing security
interest in and lien upon the following (herein collectively referred to as the “Collateral”): all accounts, inventory,
machinery and equipment, instruments, documents, chattel paper and general intangibles (as such terms are defined in the Uniform
Commercial Code), whether now owned or hereafter created or acquired by Seller, wherever located, and all replacements and substitutions
therefore, accessions thereto, and products and proceeds thereof, and all property of Seller at any time in Prestige’s possession.

 

12.
FINANCING STATEMENTS. Seller will, at its expense perform all acts and execute all documents reasonably requested by Prestige
at any time to evidence, perfect, maintain and enforce Prestige’s security interest and other rights in the Collateral and
the priority thereof.

 

13.
HOLD IN TRUST. Seller will hold in trust and safekeeping, as the property of Prestige and immediately turn over to Prestige,
the identical check or other form of payment received by Seller if payment on the Accounts comes into Seller’s possession.
Should Seller come into possession of a check comprising payments owing to both Seller and Prestige, Seller shall promptly turnover
said check to Prestige. In the event a payment belonging to Prestige is improperly deposited into Seller’s bank account,
Prestige reserves the right to impose liquidated damages upon Seller of up to 15% of the amount of any payment so improperly deposited.

 

14.
FINANCIAL RECORDS. Seller will furnish to Prestige financial statements and such other information as is, from time to time,
as reasonably requested by Prestige.

 

15.
BOOK ENTRY. Seller will immediately, upon the sale of the Accounts, make the proper entry on its books and records disclosing
the absolute sale of the Accounts to Prestige.

 

    	 	 	Pg 2 of 4

    	 

    

 

16.
POWER OF ATTORNEY. In order to implement this Agreement, Seller irrevocably appoints Prestige its special attorney in fact
or agent with power to:

 

	 	(a)
    	Strike
    out Seller’s address on any correspondence to any account debtor and put on Prestige’s address;
	 	(b)	Receive
    and open all mail addressed to Seller via Prestige’s address related to Accounts;
	 	(c)
    	Endorse
    the name of Seller or Seller’s trade name on any checks or other evidences of payment that may come into the possession
    of Prestige in connection with the Accounts;
	 	(d)	In
    Seller’s name, or otherwise, demand, sue for, collect any and all monies due in connection with the Accounts; and 
	 	(e)	Compromise,
    prosecute or defend any action, claim or proceeding relative to the Accounts;

 

The
authority granted to Prestige shall remain in full force and effect until the Accounts are paid in full and the entire indebtedness
of Seller to Prestige is discharged.

 

17.
ADDITIONAL NOTIFICATION; VERIFICATION OF ACCOUNTS

 

	 	(a)
    	Without
    in any way limiting the terms and provisions of paragraph 5 (m) hereinabove, Prestige may, upon default by Seller and in its
    sole discretion, notify any account debtor to make payment on any of Seller’s open invoices to Prestige; and
	 	(b)	Prestige,
    or any of its agents, may at any time verify the Accounts by any commercially reasonably means deemed appropriate by Prestige.

 

18.
NO ASSUMPTION. Nothing contained in this Agreement shall be deemed to impose any duty or obligation upon Prestige in favor
of any account debtor and/or any other party in connection with the Accounts.

 

19.
FUTURE ASSIGNMENTS. Seller may from time to time, at Seller’s option, sell, transfer and assign different Accounts to
Prestige. The future sale of any Accounts shall be subject to and governed by this Agreement and such Accounts shall be identified
by separate and subsequent Assignments.

 

20.
DISCRETION. Nothing contained in this Agreement shall be construed to impose any obligation upon Prestige to purchase Accounts
from Seller. Prestige shall at its sole discretion determine which Accounts it shall purchase. Further, Prestige shall have the
absolute right at any time to cease accepting any further Assignments from Seller.

 

21.
LEGAL FEES; EXPENSES. Seller will pay on demand any and all collection expenses and reasonable outside legal counsel’s
fees that Prestige incurs in the event it should become necessary for Prestige to enforce its rights under this Agreement. In
addition, Seller will pay on demand all reasonable costs and expenses incurred by Prestige in any way relating to the transactions
contemplated by this Agreement, including, without limitation, all reasonable attorneys’ fees, Federal Express costs (or
similar expenses), wire transfer costs, certified mail costs, facsimile transmission costs and lien search costs.

 

22.
BINDING ON FUTURE PARTIES. This Agreement shall inure to the benefit of and is binding upon the heirs, executors, administrators,
successors and assigns of the parties hereto, except that Seller may not assign or transfer any or all of its rights and obligations
under this Agreement to any party without the prior written consent of Prestige.

 

23.
WAIVER; ENTIRE AGREEMENT. No failure or delay on Prestige’s part in exercising any right, power or remedy granted to
Prestige herein, will constitute or operate as a waiver thereof, nor shall any single or partial exercise of any such right, power
or remedy preclude any other or further exercise thereof or the exercise of any other right set forth herein. This Agreement contains
the entire agreement and understanding of the parties hereto and no amendment, modification or waiver of, or consent with respect
to, any provision of this Agreement, will in any event be effective unless the same is in writing and signed and delivered by
Prestige.

 

24.
NEW JERSEY LAW. This Agreement shall be deemed executed in the State of New Jersey and, in all respects shall be governed
and construed in accordance with the laws of the State of New Jersey.

 

25.
INDEMNITY. Seller shall hold Prestige harmless from and against any action or other proceeding brought by any account debtor
against Prestige arising from Prestige’s collecting or attempting to collect any of the Accounts.

 

26.
TERM. This Agreement will remain in effect for one year from the date that this Agreement becomes effective (the “Term”).
Thereafter, the Term will be automatically extended for successive periods of one (1) year each unless either party provides the
other with a written notice of cancellation of at least sixty (60) days prior to the expiration of the initial Term or any renewal
Term; provided, however, Prestige may cancel this Agreement at any time upon sixty (60) days notice to Seller. In the event
of a breach by Seller of any term or provision of this Agreement or upon Seller’s insolvency or the insolvency of any guarantor
of Seller’s obligations herein, Prestige shall have the right to cancel this Agreement without notice to Seller, and all
of Seller’s obligations to Prestige herein shall be immediately due and payable. In the event of cancellation, the provisions
of this Agreement shall remain in full force and effect until all of the Accounts and all of Sellers obligations to Prestige have
been paid in full.

 

    	 	 	Pg 3 of 4

    	 

    

 

27.
EARLY TERMINATION. In the event that Seller wishes to terminate the Agreement prior to the expiration of the Term, then in
addition to paying Prestige all other obligations due under this Agreement, Seller shall also pay Prestige an early termination
fee equal to $19,250 per month for each month remaining under the Term. Notwithstanding the foregoing, Prestige will waive
the early termination fee at any time after three months of the initial Term.

 

28.
INVALID PROVISIONS. If any provision of this Agreement shall be declared illegal or contrary to law, it is agreed that such
provision shall be disregarded and this Agreement shall continue in force as though said provision had not been incorporated herein.

 

29.
EFFECTIVE. This Agreement shall become effective when it is accepted and executed by an authorized officer of Prestige. Facsimile
machine or PDF copies of an original signature by either party on this Agreement shall be binding as if said copies were original
signatures.

 

30.
JURY WAIVER. The parties hereto hereby mutually waive trial by jury in the event of any litigation with respect to any matter
connected with this Agreement.

 

	 	 	 	Accepted:
	 	 	 	 	 
	 	SMART
WORKS, LLC	 	 	PRESTIGE
    CAPITAL CORPORATION
	 	                               	 	 	                                           
	By:	 	 	By:	 
	 	JASON
M. CORY, Managing Member	 	 	HARVEY
L. KAMINSKI, President/CEO
	 	 	 	 	 
	This
    _______ day of _________________________, 2017	 	This
    _______ day of __________________________, 2017

 

In
consideration of the foregoing Agreement, the undersigned hereby personally agrees to be jointly and severally liable for any
damages suffered by Prestige Capital Corporation by virtue of the breach of any warranty, representation or covenant made by Seller
in paragraph 5 above. 

 

	Date:	 	 	By:	 
	 	 	 	 	JASON
M. CORY, Individually

 

On
this _______ day of ______________in the year _______ before me, the undersigned, a notary public in and for the said state, personally
appeared ______________________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual
whose name is subscribed to the within instrument and acknowledged to me, he/she/they executed the same in his/her capacity, and
that by his/her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed
the instrument.

 

	__________________________
    	 	__________________________
    	 	State:
    _______________________
	Notary
    Public (Signature)	 	Notary-
    Print Name	 	Commission
Expires:___________

 

    	 	 	Pg 4 of 4

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