Document:

SECURITY
AGREEMENT

 

THIS
SECURITY AGREEMENT (the “Agreement”) is entered into as of October ___, 2019, by and among GENERATION
ALPHA, INC. (the “Company”), a Nevada corporation, SOLIS TEK INC. (“S-Tek”),
a California corporation, SOLIS TEK EAST CORPORATION (“S-East”), a New Jersey corporation, ZELDA
HORTICULTURE, INC. (“Zelda”), a California corporation, and GROW PRO SOLUTIONS, INC. (“Grow
Pro”), a Nevada Corporation (S-Tek, S-East, Zelda and Grow Pro are collectively referred to as the “Guarantors,”
and together with the Company, the “Grantors”) in favor of YA II PN, LTD. (the “Secured Party”),
a Cayman Island exempted company.

 

WHEREAS,
in connection with the Securities Purchase Agreement by and among the Company and the Secured Party of even date herewith
(the “Securities Purchase Agreement”), the Company has agreed, upon the terms and subject to the conditions
of the Securities Purchase Agreement, to issue to the Secured Party (i) an aggregate original principal amount of $275,000 of
senior secured convertible debenture (the “Convertible Debenture”), which shall be convertible into shares
of the Company’s Common Stock (the “Conversion Shares”); and (ii) a warrant (the “Warrant”)
to be exercisable to acquire additional shares of Common Stock (the “Warrants Shares”) initially in that number
of shares of Common Stock set forth in the Securities Purchase Agreement;

 

WHEREAS,
each of the Guarantors (other than the Company) has executed and delivered a Global Guaranty dated the date hereof (the “Guaranty”)
in favor of the Secured Party, with respect to the Company’s obligations under the Securities Purchase Agreement, the Convertible
Debentures, and the Transaction Documents (as defined below); and

 

WHEREAS,
each of the Guarantors shall receive a direct benefit from the Secured Party entering into the Securities Purchase Agreement,
the Convertible Debentures, and the Transaction Documents; and

 

WHEREAS,
it is a condition precedent to the Secured Party purchasing the Convertible Debenture and Warrant pursuant to the Securities
Purchase Agreement that the Grantor shall have executed and delivered to the Secured Party this Agreement providing for the grant
to the Secured Party of a security interest in all personal property of the Grantor to secure all of the Company’s obligations
under the “Transaction Documents” (as defined in the Securities Purchase Agreement) (the “Transaction Documents”);

 

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NOW,
THEREFORE, in consideration of the promises and the mutual covenants herein contained, and for other good and valuable consideration,
the adequacy and receipt of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

ARTICLE
1.

 

DEFINITIONS
AND INTERPRETATIONS

 

1.1
Recitals.

 

The
above recitals are true and correct and are incorporated herein, in their entirety, by this reference.

 

1.2
Interpretations.

 

Nothing
herein expressed or implied is intended or shall be construed to confer upon any person other than the Secured Party any right,
remedy or claim under or by reason hereof.

 

1.3
Definitions.

 

(a)
To the extent used in this Agreement and not defined herein, terms defined in the UCC shall have the meanings (such meanings to
be equally applicable to both the singular and plural forms of the terms defined) ascribed to such terms in the UCC. To the extent
the definition of any category or type of Collateral is expanded by any amendment, modification or revision to the UCC, such expanded
definition will apply automatically as of the date of such amendment, modification or revision.

 

(b)
As used in this Agreement, the following terms shall have the meanings indicated below (such meanings to be equally applicable
to both the singular and plural forms of such terms):

 

“Collateral”
has the meaning set forth in Section 2.1.

 

“Event
of Default” shall mean (i) any Grantor defaulting in any of its obligations under this Agreement; or (ii) the occurrence
of a default or event of default under the Securities Purchase Agreement, the Convertible Debenture, the Global Guaranty Agreement
or any other Transaction Document.

 

“GAAP”
shall mean generally accepted accounting principles in the United States of America.

 

“Indemnified
Person” shall have the meaning given in Section 8.8.

 

“Intellectual
Property” shall mean all present and future trade secrets, know-how and other proprietary information; trademarks,
trademark applications, internet domain names, service marks, trade dress, trade names, business names, designs, logos, slogans
(and all translations, adaptations, derivations and combinations of the foregoing) indicia and other source and/or business identifiers,
and all registrations or applications for registrations which have heretofore been or may hereafter be issued thereon throughout
the world; copyrights and copyright applications; (including copyrights for computer programs) and all tangible and intangible
property embodying the copyrights, unpatented inventions (whether or not patentable); patents and patent applications; industrial
design applications and registered industrial designs; license agreements related to any of the foregoing and income therefrom;
books, records, writings, computer tapes or disks, flow diagrams, specification sheets, computer software, source codes, object
codes, executable code, data, databases and other physical manifestations, embodiments or incorporations of any of the foregoing;
all other intellectual property; and all common law and other rights throughout the world in and to all of the foregoing. Schedule
4 attached hereto sets forth all Intellectual Property of any Grantor (as such Schedule may be amended, modified or supplemented
from time to time).

 

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“Lien”
has the meaning set forth in Section 4.2.

 

“Material
Adverse Effect” shall mean any material and adverse effect as determined by the Secured Party in its reasonable
discretion upon (a) any Grantor’s assets, business, operations, properties or condition, financial or otherwise; (b) any
Grantor’s ability to make payment as and when due of all or any part of the Obligations; or (c) the Collateral.

 

“Obligations”
shall mean and include any and all debts, liabilities, obligations, covenants and duties owing by any Grantor to the Secured Party,
now existing or hereafter arising of every nature, type, and description, whether liquidated, unliquidated, primary, secondary,
secured, unsecured, direct, indirect, absolute, or contingent, and whether or not evidenced by a note, guaranty or other instrument,
and any amendments, extensions, renewals or increases thereof, including, without limitation, all those under (i) the Securities
Purchase Agreement, (ii) the Notes; (iii) the Global Guaranty Agreement, (iv) any agreement or document related to the Securities
Purchase Agreement, the Convertible Debenture, the Global Guaranty Agreement, or any other Transaction Document; or (iii) any
other or related documents, and including any interest accruing thereon after insolvency, reorganization or like proceeding relating
to any Grantor, whether or not a claim for post-petition interest is allowed in such proceeding, and all costs and expenses of
the Secured Party incurred in the enforcement, collection or otherwise in connection with any of the foregoing, including, but
not limited to, reasonable attorneys’ fees and expenses and all obligations of any Grantor to the Secured Party to perform
acts or refrain from taking any action.

 

“Real
Estate” means all leases and all land, together with the buildings, structures, parking areas, and other improvements
thereon, now or hereafter owned by any Grantor, including all easements, rights-of-way, and similar rights relating thereto and
all leases, tenancies, and occupancies thereof.

 

“UCC”
or “Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to time in the
State of Washington; provided, however, that if a term is defined in Article 9 of the Uniform Commercial Code differently
than in another Article thereof, the term shall have the meaning set forth in Article 9 of the UCC; provided further that,
if by reason of mandatory provisions of law, perfection, or the effect of perfection or non-perfection, of a security interest
in any Collateral or the availability of any remedy hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction
other than State of Washington, “Uniform Commercial Code” means the Uniform Commercial Code as in effect in such other
jurisdiction for purposes of the provisions hereof relating to such perfection or effect of perfection or non-perfection or availability
of such remedy, as the case may be.

 

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ARTICLE
2.

 

SECURITY
INTEREST

 

2.1
Grant of Security Interest.

 

(a)
As security for the payment or performance in full of the Obligations, each Grantor hereby pledges to the Secured Party, its successors
and assigns, and hereby grants to the Secured Party, its successors and assigns, a security interest in and to all assets and
personal property of each Grantor, wherever located and whether now or hereinafter existing and whether now owned or hereafter
acquired, of every kind and description, tangible or intangible, including without limitation, all Goods, Inventory, Equipment,
Fixtures, Instruments, Documents, Accounts, Contracts and Contract Rights, Chattel Paper, Money, Letters of Credit and Letter-of-Credit
Rights, Commercial Tort Claims, Securities and all other Investment Property, General Intangibles, Farm Products, all books and
records and information relating to any of the foregoing, all Supporting obligations, and any and all Proceeds and products of
any and all of the foregoing, and as more particularly described on Exhibit A attached hereto (collectively, the “Collateral”)

 

(b)
Simultaneously with the execution and delivery of this Agreement, each Grantor shall make, execute, acknowledge, file, record
and deliver to the Secured Party such documents, instruments, and agreements, including, without limitation, financing statements,
mortgages, certificates, affidavits and forms as may, in the Secured Party’s reasonable judgment, be necessary to effectuate,
complete or perfect, or to continue and preserve, the security interest of the Secured Party in the Collateral.

 

(c)
In the event that any Grantor obtains title to any Real Estate, each Grantor shall promptly execute and deliver an original mortgage,
deed of trust, or other instrument in a form and substance acceptable to the Secured Party in all respects sufficient to provide
the Secured party with a perfected first priority lien on such Real Estate.

 

2.2
No Assumption of Liability.

 

The
security interest in the Collateral is granted as security only and shall not subject the Secured Party to, or in any way alter
or modify any obligation or liability of any Grantor with respect to or arising out of the Collateral.

 

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ARTICLE
3.

 

ATTORNEY-IN-FACT;
PERFORMANCE

 

3.1
Secured Party Appointed Attorney-In-Fact.

 

Each
Grantor hereby appoints the Secured Party as its attorney-in-fact, with full authority in the place and stead of such Grantor
and in the name of such Grantor or otherwise, from time to time in the Secured Party’s discretion to take any action and
to execute any instrument which the Secured Party may reasonably deem necessary to accomplish the purposes of this Agreement or
for the purpose of perfecting, confirming, continuing, enforcing or protecting the security interest in the Collateral, including,
without limitation, to (a) file one or more financing statements, continuation statements, filings with the United States Patent
and Trademark Office or United States Copyright Office (or any successor office) or other documents; (b) receive and collect all
instruments made payable to any Grantor representing any payments in respect of the Collateral or any part thereof and to give
full discharge for the same; (c) demand, collect, receipt for, settle, compromise, adjust, sue for, foreclose, or realize on the
Collateral as and when the Secured Party may determine, and (d) to execute and complete in the name of one or more Grantor such
documents and forms as may be necessary to transfer any domain names and related content to the Secured Party or its designee,
including without limitation, completing and submitting online forms in the name of each Grantor and taking all actions necessary
in connection therewith. To facilitate collection, the Secured Party may notify account debtors and obligors on any Collateral
to make payments directly to the Secured Party. The foregoing power of attorney is a power coupled with an interest and shall
be irrevocable until all Obligations are paid and performed in full. Each Grantor agrees that the powers conferred on the Secured
Party hereunder are solely to protect the Secured Party’s interests in the Collateral and shall not impose any duty upon
the Secured Party to exercise any such powers.

 

3.2
Secured Party May Perform.

 

If
any Grantor fails to perform any agreement contained herein, the Secured Party, at its option, may itself perform, or cause performance
of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be included in the Obligations
secured hereby and payable by any Grantor under Section 8.4.

 

ARTICLE
4.

 

REPRESENTATIONS
AND WARRANTIES

 

4.1
Authorization: Enforceability.

 

Each
of the parties hereto represents and warrants that it has taken all action necessary to authorize the execution, delivery and
performance of this Agreement and the transactions contemplated hereby; and upon execution and delivery, this Agreement shall
constitute a valid and binding obligation of the respective party, subject to applicable bankruptcy, insolvency, reorganization,
moratorium and similar laws affecting creditors’ rights or by the principles governing the availability of equitable remedies.

 

4.2
Ownership of Collateral; Priority of Security Interest.

 

Each
Grantor represents and warrants that it is the legal and beneficial owner of the Collateral free and clear of any lien, security
interest, option or other charge or encumbrance (each, a “Lien”) except for the Permitted Liens. Except
for the Permitted Liens, (i) the security interest granted to the Secured Party hereunder shall be a first priority security interest
subject to no other Liens, and (ii) no financing statement covering any of the Collateral or any proceeds thereof is on file in
any public office.

 

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4.3
Location of Collateral.

 

The
Collateral is or will be kept at the address(es) of each Grantor set forth on Schedule 4.3 attached hereto. Unless otherwise
provided herein, no Grantor will remove any Collateral from such locations without the prior written consent of the Secured Party.

 

4.4
Location, State of Incorporation and Name of Grantor.

 

Each
Grantor’s principal place of business; state of incorporation, organization or formation; organization id; and exact legal
name is set forth on Schedule 4.4 attached hereto.

 

4.5
Solvency.

 

Each
Grantor is able to pay its debts as they mature, has capital sufficient to carry on its business, and the fair present saleable
value of its assets, calculated on a going concern basis, is in excess of the amount of its liabilities.

 

ARTICLE
5.

 

DEFAULT;
REMEDIES; SUBSTITUTE COLLATERAL

 

5.1
Method of Realizing Upon the Collateral: Other Remedies.

 

If
any Event of Default shall have occurred and be continuing:

 

(a)
The Secured Party may exercise in respect of the Collateral, in addition to any other rights and remedies provided for herein
or otherwise available to it, all of the rights and remedies of a secured party upon default under the UCC (whether or not the
UCC applies to the affected Collateral), and also may (i) take absolute control of the Collateral, including, without limitation,
transfer into the Secured Party’s name or into the name of its nominee or nominees (to the extent the Secured Party has
not theretofore done so) and thereafter receive, for the benefit of the Secured Party, all payments made thereon, give all consents,
waivers and ratifications in respect thereof and otherwise act with respect thereto as though it were the outright owner thereof,
(ii) require each Grantor to assemble all or part of the Collateral as directed by the Secured Party and make it available to
the Secured Party at a place or places to be designated by the Secured Party that is reasonably convenient to both parties, and
the Secured Party may enter into and occupy any premises owned or leased by any Grantor where the Collateral or any part thereof
is located or assembled for a reasonable period in order to effectuate the Secured Party’s rights and remedies hereunder
or under law, without obligation to any Grantor in respect of such occupation, and (iii) without notice except as specified below
and without any obligation to prepare or process the Collateral for sale, (A) sell the Collateral or any part thereof in one or
more parcels at public or private sale, at any of the Secured Party’s offices or elsewhere, for cash, on credit or for future
delivery, and at such price or prices and upon such other terms as the Secured Party may deem commercially reasonable and/or (B)
lease, license or dispose of the Collateral or any part thereof upon such terms as the Secured Party may deem commercially reasonable.
Each Grantor agrees that, to the extent notice of sale or any other disposition of the Collateral shall be required by law, at
least ten (10) days’ notice to each Grantor of the time and place of any public sale or the time after which any private
sale or other disposition of the Collateral is to be made shall constitute reasonable notification. The Secured Party shall not
be obligated to make any sale or other disposition of any Collateral regardless of notice of sale having been given. The Secured
Party may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such
sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor hereby waives any claims
against the Secured Party arising by reason of the fact that the price at which the Collateral may have been sold at a private
sale was less than the price which might have been obtained at a public sale or was less than the aggregate amount of the Obligations,
even if the Secured Party accepts the first offer received and does not offer such Collateral to more than one offeree, and waives
all rights that each Grantor may have to require that all or any part of such Collateral be marshaled upon any sale (public or
private) thereof. Each Grantor hereby acknowledges that (i) any such sale of the Collateral by the Secured Party may be made without
warranty, (ii) the Secured Party may specifically disclaim any warranties of title, possession, quiet enjoyment or the like, and
(iii) such actions set forth in clauses (i) and (ii) above shall not adversely affect the commercial reasonableness of any such
sale of Collateral. In connection with such exercise of rights, the Secured Party shall have an irrevocable non-exclusive, royalty
free license to use the Intellectual Property, which shall include a right for the Secured Party to grant one or more non-exclusive
sublicenses to use the Intellectual Property.

 

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(b)
Any cash held by the Secured Party as Collateral and all cash proceeds received by the Secured Party in respect of any sale of
or collection from, or other realization upon, all or any part of the Collateral may be applied (after payment of any amounts
payable to the Secured Party pursuant to Section 8.4 hereof) by the Secured Party against, all or any part of the Obligations
in such order as the Secured Party shall elect. Any surplus of such cash or cash proceeds held by the Secured Party and remaining
after the indefeasible payment in full in cash of all of the Obligations shall be paid over to whomsoever shall be lawfully entitled
to receive the same or as a court of competent jurisdiction shall direct.

 

(c)
In the event that the proceeds of any such sale, collection or realization are insufficient to pay all amounts to which the Secured
Party is legally entitled, each Grantor shall be liable for the deficiency, together with interest thereon at the rate specified
in the Convertible Debenture for interest on overdue principal thereof or such other rate as shall be fixed by applicable law,
together with the costs of collection and the reasonable fees, costs, expenses and other client charges of any attorneys employed
by the Secured Party to collect such deficiency.

 

(d)
Each Grantor hereby acknowledges that if the Secured Party complies with any applicable state, provincial, or federal law requirements
in connection with a disposition of the Collateral, such compliance will not adversely affect the commercial reasonableness of
any sale or other disposition of the Collateral.

 

(e)
The Secured Party shall not be required to marshal any present or future collateral security (including, but not limited to, this
Agreement and the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral
security or other assurances of payment in any particular order, and all of the Secured Party’s rights hereunder and in
respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however
existing or arising. To the extent permitted by applicable law, each Grantor hereby agrees that it will not invoke any law relating
to the marshaling of collateral which might cause delay in or impede the enforcement of the Secured Party’s rights under
this Agreement or under any other instrument creating or evidencing any of the Obligations or under which any of the Obligations
is outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent permitted
by applicable law, each Grantor hereby irrevocably waives the benefits of all such laws.

 

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5.2
Duties Regarding Collateral.

 

The
Secured Party shall have no duty as to the collection or protection of the Collateral or any income thereon or as to the preservation
of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Collateral actually in the Secured
Party’s possession.

 

ARTICLE
6.

 

AFFIRMATIVE
COVENANTS

 

So
long as any of the Obligations shall remain outstanding, unless the Secured Party shall otherwise consent in writing:

 

6.1
Existence, Properties, Etc.

 

Each
Grantor (a) shall do, or cause to be done, all things, or proceed with due diligence with any actions or courses of action, that
may be reasonably necessary (i) to maintain each Grantor’s due organization, valid existence and good standing under the
laws of its state of incorporation, and (ii) to preserve and keep in full force and effect all qualifications, licenses and registrations
in those jurisdictions in which the failure to do so could have a Material Adverse Effect; and (b) shall not do, or cause to be
done, any act impairing each Grantor’s corporate power or authority (i) to carry on each Grantor’s business as now
conducted, and (ii) to execute or deliver this Agreement or any other agreement or document delivered in connection herewith,
including, without limitation, the Convertible Debenture to which it is or will be a party, or perform any of its obligations
hereunder or thereunder.

 

6.2
Maintenance of Books and Records: Inspection.

 

Each
Grantor shall maintain its books, accounts and records in accordance with GAAP, and permit the Secured Party, its officers and
employees and any professionals designated by the Secured Party in writing, at any time during normal business hours and upon
reasonable notice to visit and inspect any of its properties, corporate books and financial records, and to discuss its accounts,
affairs and finances with any employee, officer or director thereof (it being agreed that, unless an Event of Default shall have
occurred and be continuing, there shall be no more than two (2) such visits and inspections in any fiscal year).

 

6.3
Maintenance and Insurance.

 

(a)
Each Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working
order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

 

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(b)
Each Grantor shall maintain or cause to be maintained, at their own expense, insurance in form, substance and amounts (including
deductibles), which each Grantor deems reasonably necessary to each Grantor’s business, (i) adequate to insure all assets
and properties of each Grantor of a character usually insured by persons engaged in the same or similar business against loss
or damage resulting from fire or other risks included in an extended coverage policy; (ii) against public liability and other
tort claims that may be incurred by each Grantor; (iii) as may be required by the Convertible Debenture and/or applicable law
and (iv) as may be reasonably requested by Secured Party, all with financially sound and reputable insurers.

 

6.4
Contracts and Other Collateral.

 

Each
Grantor shall perform all of its obligations under or with respect to each instrument, receivable, contract and other intangible
included in the Collateral to which any Grantor is now or hereafter will be party on a timely basis and in the manner therein
required, including, without limitation, this Agreement, except to the extent the failure to so perform such obligations would
not reasonably be expected to have a Material Adverse Effect.

 

6.5
Defense of Collateral, Etc.

 

Each
Grantor shall defend and enforce (a) its right, title and interest in and to any part of the Collateral; and (b) if not included
within the Collateral, those assets and properties whose loss would reasonably be expected to have a Material Adverse Effect,
each against all manner of claims and demands on a timely basis to the full extent permitted by applicable law (other than any
such claims and demands by holders of Permitted Liens).

 

6.6
Taxes and Assessments.

 

Each
Grantor shall (a) file all material tax returns and appropriate schedules thereto that are required to be filed under applicable
law, prior to the date of delinquency (taking into account any extensions of the original due date), (b) pay and discharge all
material taxes, assessments and governmental charges or levies imposed upon any Grantor, upon its income and profits or upon any
properties belonging to it, prior to the date on which penalties attach thereto, and (c) pay all material taxes, assessments and
governmental charges or levies that, if unpaid, might become a lien or charge upon any of its properties; provided, however,
that any Grantor in good faith may contest any such tax, assessment, governmental charge or levy described in the foregoing
clauses (b) and (c) so long as appropriate reserves are maintained with respect thereto if and to the extent required by GAAP.

 

6.7
Compliance with Law and Other Agreements.

 

Each
Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable
federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such
property, and (b) all agreements, licenses, franchises, indentures and mortgages to which any Grantor is a party or by which any
Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material
Adverse Effect.

 

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6.8
Notice of Default.

 

Each
Grantor will immediately notify the Secured Party of any event causing a substantial loss or diminution in the value of all or
any material part of the Collateral and the amount or an estimate of the amount of such loss or diminution. Each Grantor shall
promptly notify the Secured Party of any condition or event which constitutes, or would constitute with the passage of time or
giving of notice or both, an Event of Default, and promptly inform the Secured Party of any events or changes in the financial
condition of any Grantor occurring since the date of the last financial statement of each Grantor delivered to the Secured Party,
which individually or cumulatively when viewed in light of prior financial statements, which might reasonably be expected to have
a Material Adverse Effect on the business operations or financial condition of any Grantor.

 

6.9
Notice of Litigation.

 

Each
Grantor shall give notice, in writing, to the Secured Party of (a) any actions, suits or proceedings wherein the amount at issue
is in excess of $50,000, instituted by any person against any Grantor, or affecting any of the assets of any Grantor, and (b)
any dispute, not resolved within fifteen (15) days of the commencement thereof, between any Grantor on the one hand and any governmental
or regulatory body on the other hand, which might reasonably be expected to have a Material Adverse Effect on the business operations
or financial condition of any Grantor.

 

6.10
Changes to Identity.

 

Each
Grantor will (a) give the Secured Party at least 30 days’ prior written notice of any change in any Grantor’s name,
identity or organizational structure, (b) maintain its jurisdiction of incorporation, organization or formation as set forth on
Schedule 4.4 attached hereto, (c) immediately notify the Secured Party upon obtaining an organizational identification
number, if on the date hereof any Grantor did not have such identification number.

 

6.11
Perfection of Security Interests.

 

(a)
Financing Statements. Each Grantor hereby irrevocably authorize the Secured Party, at the sole cost and expense of each
Grantor, at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and
amendments thereto that (a) indicate the Collateral (i) as all assets of each Grantor or words of similar effect, regardless of
whether any particular asset comprised in the Collateral falls within the scope of Article 9 of the UCC of such jurisdiction,
or (ii) as being of an equal or lesser scope or with greater detail, and (b) contain any other information required by Part 5
of Article 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment, including (i)
whether each Grantor is an organization, the type of organization and any organization identification number issued to any Grantor,
and (ii) in the case of a financing statement filed as a fixture filing, a sufficient description of real property to which the
Collateral relates. Each Grantor agrees to furnish any such information to the Secured Party promptly upon request. Each Grantor
also ratifies its authorization for the Secured Party to have filed in any jurisdiction any initial financing statements or amendments
thereto if filed prior to the date hereof. Each Grantor acknowledges that it is not authorized to file any financing statement
or amendment or termination statement with respect to any financing statement without the prior written consent of the Secured
Party and agree that they will not do so without the prior written consent of the Secured Party. Each Grantor acknowledges and
agrees that this Agreement constitutes an authenticated record.

 

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(b)
Possession. Each Grantor (i) shall have possession of the Collateral, except where expressly otherwise provided in this
Agreement or where the Secured Party chooses to perfect its security interest by possession in addition to the filing of a financing
statement; and (ii) will, where the Collateral is in the possession of a third party, join with the Secured Party in notifying
the third party of the Secured Party’s security interest and obtaining an acknowledgment from the third party that it is
holding the Collateral for the benefit of the Secured Party.

 

(c)
Control. Each Grantor will cooperate with the Secured Party in obtaining control with respect to the Collateral consisting
of (i) Investment Property, (ii) Letters of Credit and Letter-of-Credit Rights and (iii) electronic Chattel Paper.

 

(d)
Marking of Chattel Paper. Each Grantor will not create any Chattel Paper without placing a legend on the Chattel Paper
acceptable to the Secured Party indicating that the Secured Party has a security interest in the Chattel Paper.

 

6.12
Notice of Commercial Tort Claims. If any Grantor shall at any time acquire a Commercial Tort Claim, each Grantor shall
immediately notify the Secured Party in a writing signed by such Grantor which shall (a) provide brief details of said claim and
(b) grant to the Secured Party a security interest in said claim and in the proceeds thereof, all upon the terms of this Agreement,
in such form and substance satisfactory to the Secured Party.

 

6.13
Licenses.

 

(a)
Each Grantor shall (i) promptly and faithfully observe and perform all of the material terms, covenants, conditions and provisions
of the material License Agreements to be observed and performed by it, at the times set forth therein, if any, (ii) not do, permit,
suffer or refrain from doing anything that could reasonably be expected to result in a default under or breach of any of the terms
of any material License Agreement, (iii) not cancel, surrender, modify, amend, waive or release any material License Agreement
in any material respect or any term, provision or right of the licensee thereunder in any material respect, or consent to or permit
to occur any of the foregoing; except, that Grantor may cancel, surrender or release any material License Agreement in the ordinary
course of the respective businesses of Grantor; provided, that, Grantor shall give Secured Party not less than thirty (30)
days prior written notice of their intention to so cancel, surrender and release any such material License Agreement, (iv) give
Secured Party prompt written notice of any material License Agreement entered into by any Grantor after the date hereof, together
with a true, correct and complete copy thereof and such other information with respect thereto as Secured Party may request, (v)
give Secured Party prompt written notice of any material breach of any obligation, or any default, by any party under any material
License Agreement, and deliver to Secured Party (promptly upon the receipt thereof by any Grantor in the case of a notice to any
Grantor, and concurrently with the sending thereof in the case of a notice from each Grantor) a copy of each notice of default
and every other notice and other communication received or delivered by each Grantor in connection with any material License Agreement
which relates to the right of any Grantor to continue to use the property subject to such License Agreement, and (vi) furnish
to Secured Party, promptly upon the request of Secured Party, such information and evidence as Secured Party may require from
time to time concerning the observance, performance and compliance by each Grantor or the other party or parties thereto with
the terms, covenants or provisions of any material License Agreement.

 

    	 	11	 

     

    

 

(b)
Each Grantor will exercise any option to renew or extend the term of each material License Agreement in such manner as will cause
the term of such material License Agreement to be effectively renewed or extended for the period provided by such option and give
prompt written notice thereof to Secured Party or give Secured Party prior written notice that any Grantor does not intend to
renew or extend the term of any such material License Agreement or that the term thereof shall otherwise be expiring, not less
than sixty (60) days prior to the date of any such non-renewal or expiration. In the event of the failure of any Grantor to extend
or renew any material License Agreement, Secured Party shall have, and is hereby granted, the irrevocable right and authority,
at its option, to renew or extend the term of such material License Agreement, whether in its own name and behalf, or in the name
and behalf of a designee or nominee of Secured Party or in the name and behalf of Grantor, as Secured Party shall determine at
any time that an Event of Default shall exist or have occurred and be continuing. Secured Party may, but shall not be required
to, perform any or all of such obligations of any Grantor under any of the License Agreements, including, but not limited to,
the payment of any or all sums due from any Grantor thereunder. Any sums so paid by Secured Party shall constitute part of the
Obligations.

 

ARTICLE
7.

 

NEGATIVE
COVENANTS

 

So
long as any of the Obligations shall remain outstanding, unless the Secured Party shall otherwise consent in writing, each Grantor
covenants and agrees that it shall not:

 

7.1
Transfers; Liens and Encumbrances.

 

(a)
Sell, assign (by operation of law or otherwise), lease, license, exchange or otherwise transfer or dispose of any of the Collateral,
except each Grantor may (i) sell or dispose of Inventory in the ordinary course of business, and (ii) sell or dispose of assets
such Grantor has determined, in good faith, not to be useful in the conduct of its business, and (iii) sell or dispose of accounts
in the course of collection in the ordinary course of business consistent with past practice.

 

(b)
Directly or indirectly make, create, incur, assume or permit to exist any Lien in, to or against any part of the Collateral other
than Permitted Liens.

 

    	 	12	 

     

    

 

(c)
Each Grantor covenants and agrees that they will not, without the express written consent of the Secured Party, grant any license
(whether exclusive or non-exclusive) to use the Intellectual Property to any party other than another Grantor, except that prior
to the occurrence of an Event of Default, each Grantor may, in the ordinary course of business, grant non-exclusive licenses to
use the Intellectual Property to unrelated third parties which are customers of any Grantor in connection with arms-length transactions,
provided that such non-exclusive licenses do not impair the value of the Intellectual Property. To the extent that any Grantor
wishes to seek the Secured Party’s consent to the granting of a license to use Intellectual Property other than as expressly
permitted above, then such Grantor shall provide the Secured Party with a written request for such consent, which request shall
be accompanied by a copy of the proposed license and any documents, instruments, and agreements related thereto or to be entered
into in connection with such license, and such other information regarding the proposed license as the Secured Party may require.
The Secured Party shall endeavor to respond to such request within ten (10) days of its receipt of such request, provided, however,
that if the Secured Party does not reply within such ten (10) day period, then such request shall be deemed to have been denied
by the Secured Party. Further, the Secured Party shall not have been deemed to have consented to any proposed license unless the
Secured Party has provided such consent in a writing executed by a duly authorized representative of the Secured Party and delivered
to such Grantor. The decision by the Secured Party on whether to grant or withhold its consent to a proposed license shall be
made by the Secured Party in its sole and exclusive discretion, and the Secured Party shall have no obligation whatsoever to consent
to any proposed license.

 

7.2
Restriction on Redemption and Cash Dividends

 

Directly
or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on its capital stock without the prior express
written consent of the Secured Party.

 

7.3
Places of Business.

 

Change
its state of organization or its principal place of business without the written consent of the Secured Party.

 

ARTICLE
8.

 

MISCELLANEOUS

 

8.1
Notices.

 

Any
notices, consents, waivers or other communications required or permitted to be given under the terms of this Agreement must be
in writing and will be deemed to have been delivered upon: (i) receipt, when delivered personally, (ii) 1 Business Day after deposit
with an overnight courier service with next
day delivery specified, in each case, properly addressed to the party to receive the
same, or (iii) receipt, when sent by electronic mail (provided that the electronic mail transmission is not returned in
error or the sender is not otherwise notified of any error in transmission. The addresses and e-mail addresses for such communications
shall be:

 

	If
    to the Company or any Guarantor, to:	

        Generation
        Alpha, Inc.

	 	853
    Sandhill Ave
	 	Carson,
    CA 30577
	 	Attention:

        Telephone:______________________

	 	Email:__________________________
    
	 	 
	

        With
        a copy to:
	_______________________________

                                                                                   _______________________________

                                                                                   _______________________________

                                                                                   

	 	

        Attention:_______________________

        Telephone:______________________

        Email:__________________________

 

    	 	13	 

     

    

 

	If
    to the Secured Party:	YA
    II PN, Ltd.
	 	1012
    Springfield Avenue
	 	Mountainside,
    NJ 07092
	 	Attention:
    Mark Angelo
	 	Telephone:
        (201) 536-5114

        Email:
        mangelo@yorkvilleadvisors.com

	 	 
	With
    a copy to:	David
    Gonzalez, Esq. 
	 	1012
    Springfield Avenue
	 	Mountainside,
    NJ 07092
	 	Telephone:
    (201) 536-5109
	 	Email:
    dgonzalez@yorkvilleadvisors.com

 

or
at such other address and/or electronic email address and/or to the attention of such other person as the recipient party has
specified by written notice given to each other party 3 Business Days prior to the effectiveness of such change. Written confirmation
of receipt (i) given by the recipient of such notice, consent, waiver or other communication, (ii) mechanically or electronically
generated by the sender’s computer containing the time, date, recipient’s electronic mail address and the text of
such electronic mail or (iii) provided by a nationally recognized overnight delivery service, shall be rebuttable evidence of
personal service, receipt by electronic mail or receipt from a nationally recognized overnight delivery service in accordance
with clause (i), (ii) or (iii) above, respectively.

 

8.2
Security Interest Absolute. All rights of the Secured Party hereunder, the security interest in the Collateral and all
obligations of each Grantor hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability
of the Convertible Debenture, any agreement with respect to any of the Obligations or any other agreement or instrument relating
to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the
Obligations, or any other amendment or waiver of or any consent to any departure from the Convertible Debenture, or any other
agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment
or waiver of or consent under or departure from any guarantee, securing or guaranteeing all or any of the Obligations, (d) the
existence of any claim, set-off or other right which any Grantor may have at any time against any other Grantor or the Secured
Party, whether in connection herewith or any unrelated transaction.

 

8.3
Severability.

 

If
any provision of this Agreement shall be held invalid or unenforceable, such invalidity or unenforceability shall attach only
to such provision and shall not in any manner affect or render invalid or unenforceable any other severable provision of this
Agreement, and this Agreement shall be carried out as if any such invalid or unenforceable provision were not contained herein.

 

    	 	14	 

     

    

 

8.4
Expenses.

 

In
the event of an Event of Default, each Grantor will jointly and severally pay to the Secured Party the amount of any and all reasonable
out-of-pocket expenses, including the reasonable fees and expenses of its counsel, which the Secured Party may incur in connection
with: (i) the custody or preservation of, or the sale, collection from, or other realization upon, any of the Collateral; (ii)
the exercise or enforcement of any of the rights of the Secured Party hereunder or (iii) the failure by any Grantor to perform
or observe any of the provisions hereof.

 

8.5
Waivers, Amendments, Etc.

 

The
Secured Party’s delay or failure at any time or times hereafter to require strict performance by each Grantor of any undertakings,
agreements or covenants shall not waive, affect, or diminish any right of the Secured Party under this Agreement to demand strict
compliance and performance herewith. Any waiver by the Secured Party of any Event of Default shall not waive or affect any other
Event of Default, whether such Event of Default is prior or subsequent thereto and whether of the same or a different type. None
of the undertakings, agreements and covenants of each Grantor contained in this Agreement, and no Event of Default, shall be deemed
to have been waived by the Secured Party, nor may this Agreement be amended, changed or modified, unless such waiver, amendment,
change or modification is evidenced by an instrument in writing specifying such waiver, amendment, change or modification and
signed by the Secured Party in the case of any such waiver, and signed by the Secured Party and each Grantor in the case of any
such amendment, change or modification.

 

8.6
Continuing Security Interest. This Agreement shall create a continuing security interest in the Collateral and shall: (i)
remain in full force and effect so long as any of the Obligations shall remain outstanding; (ii) be binding upon each Grantor
and its successors and assigns; and (iii) inure to the benefit of the Secured Party and its successors and assigns. Upon the payment
or satisfaction in full of the Obligations, this Agreement and the security interest created hereby shall terminate, and, in connection
therewith, each Grantor shall be entitled to the return, at its expense, of such of the Collateral as shall not have been sold
in accordance with this Agreement or otherwise applied pursuant to the terms hereof and the Secured Party shall deliver to each
Grantor such documents as such Grantor shall reasonably request to evidence such termination.

 

8.7
Independent Representation.

 

Each
party hereto acknowledges and agrees that it has received or has had the opportunity to receive independent legal counsel of its
own choice and that it has been sufficiently apprised of its rights and responsibilities with regard to the substance of this
Agreement.

 

    	 	15	 

     

    

 

8.8
Indemnification.

 

Each
Grantor jointly and severally hereby covenants and agrees to indemnify, defend and hold harmless the Secured Party and its investment
manager, and each of the foregoing parties’ respective agents, servants, attorneys, advisors, officers, directors, employees,
affiliates, partners, members, managers, predecessors, successors, and assigns (each an “Indemnified Person”)
of, to, and from any loss, judgment, liability, claim, cause of action, or demand, and all costs and expenses (including reasonable
attorneys’ fees) which may be incurred, suffered, made, brought, threatened, or instituted by or against any person indemnified
hereby for any reason whatsoever on account of, arising out of, or in any way relating to the actions or inactions of any Grantor,
including without limitation (i) any matter, fact, event, or act or omission relating to the Collateral, and/or any Grantor’s
maintenance and management of the Collateral, including any damage to the Collateral or claims threatened or brought against the
Secured Party with respect to the Collateral and/or any of any Grantor’s acts and/or omissions in connection with the same,
(ii) claims threatened or brought by one or more third parties against any Grantor, or any of its affiliates or subsidiaries,
(iii) claims threatened or brought by any party against the Secured Party, or any of its affiliates concerning or arising from
the actions or inactions of any of any Grantor, the Collateral, and the Convertible Debenture, this Agreement, or otherwise; and/or
(iv) this Agreement. The Secured Party may defend any such claim, cause of action, or demand at the sole cost and expense of any
Grantor, with counsel designated by the Secured Party and to the exclusion of any Grantor, or the Secured Party may call upon
each Grantor to defend such action at each Grantor’s sole cost and expense. the Secured Party may, in the Secured Party’s
sole and exclusive discretion, adjust, settle, or compromise any such claim, cause of action, or demand made upon the Secured
Party, and each Grantor shall jointly and severally indemnify the Secured Party for any such amount so adjusted, settled, or compromised,
as well as all costs and expenses (including attorneys’ fees) incurred in connection therewith.

 

8.9
Applicable Law: Jurisdiction.

 

This
Agreement shall be governed by and interpreted in accordance with the laws of the State of New Jersey without regard to the principles
of conflict of laws. The parties further agree that any action between them shall be heard in the State of New Jersey, and expressly
consent to the jurisdiction and venue of the Superior Court for the State of New Jersey sitting in Union County New Jersey and
federal courts for the District of New Jersey sitting in Newark New Jersey for the adjudication of any civil action asserted pursuant
to this Paragraph, provided, however, that nothing herein shall prevent the Secured Party from enforcing its rights
and remedies (including, without limitation, by filing a civil action) with respect to the Collateral and/or any Grantor in any
other jurisdiction in which the Collateral and/or any Grantor may be located.

 

8.10
Non-Interference.

 

From
and after the occurrence of an Event of Default, each Grantor agrees:

 

(a)
Not to interfere with the exercise by the Secured Party of any of its rights and remedies under this Agreement, the Convertible
Debenture, and/or applicable law;

 

(b)
They shall not seek to distrain or otherwise hinder, delay, or impair the Secured Party’s efforts to realize upon any Collateral
or otherwise to enforce its rights and remedies pursuant to this Agreement, the Convertible Debenture, and/or applicable law,
and shall at all times cooperate with the Secured Party’s exercise of its rights and remedies under this Agreement, the
Convertible Debenture, and/or applicable law; and

 

    	 	16	 

     

    

 

(c)
The provisions of this Section shall be specifically enforceable by the Secured Party.

 

8.11
Automatic Stay.

 

Each
Grantor agrees that upon the filing of any Petition for Relief by or against any Grantor under the United States Bankruptcy Code,
the Secured Party shall be entitled to immediate and complete relief from the automatic stay with respect to any Grantor, and
Secured Party shall be permitted to proceed to protect and enforce its rights and remedies under applicable law. Each Grantor
hereby expressly assents to, and covenants and agrees not to oppose, any motion filed by the Secured Party seeking relief from
the automatic stay. Each Grantor further hereby expressly WAIVES the protections afforded under Section 362 of the United
States Bankruptcy Code with respect to the Secured Party.

 

8.12
Credit Bidding.

 

Each
Grantor hereby expressly acknowledges and agrees, in further consideration for the Secured Party entering into this Agreement,
that the Secured Party shall be permitted to credit bid the Obligations at any auction and/or sale, including without limitation,
at any auction and/or other sale conducted under or in connection with any of the sections or chapters of the United States Bankruptcy
Code. Each Grantor hereby further acknowledge and agree that this provision is a material inducement to the Secured Party entering
into this Agreement, and each Grantor has been represented by experienced counsel in connection with entering into this Agreement.
The Secured Party, in turn, acknowledges that this paragraph shall not be construed as a restriction or prohibition on Grantor’s
respective rights to file any voluntary petition or make application for or seek relief or protection under the United States
Bankruptcy Code.

 

8.13
Waiver of Jury Trial.

 

AS
A FURTHER INDUCEMENT FOR THE SECURED PARTY TO MAKE FINANCIAL ACCOMMODATIONS TO THE COMPANIES OR ANY GRANTOR, EACH GRANTOR HEREBY
WAIVES, TO THE FULLEST PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO TRIAL BY JURY IN ANY LEGAL PROCEEDING RELATED IN
ANY WAY TO THIS AGREEMENT AND/OR ANY AND ALL OTHER DOCUMENTS RELATED TO THIS TRANSACTION.

 

8.14
Right of Set Off.

 

Each
Grantor hereby grants to the Secured Party, a lien, security interest and right of setoff as security for all liabilities and
obligations to the Secured Party, whether now existing or hereafter arising, upon and against all deposits, credits, collateral
and property, now or hereafter in the possession, custody, safekeeping or control of the Secured Party or any of its affiliates,
or any entity under the control of the Secured Party, or in transit to any of them. At any time, without demand or notice, the
Secured Party may set off the same or any part thereof and apply the same to any liability or obligation of each Grantor even
though unmatured and regardless of the adequacy of any other collateral securing the Obligations. ANY AND ALL RIGHTS TO REQUIRE
THE SECURED PARTY TO EXERCISE ITS RIGHTS OR REMEDIES WITH RESPECT TO ANY OTHER COLLATERAL WHICH SECURES THE OBLIGATIONS, PRIOR
TO EXERCISING ITS RIGHT OF SETOFF WITH RESPECT TO SUCH DEPOSITS, CREDITS OR OTHER PROPERTY OF EACH GRANTOR, ARE HEREBY KNOWINGLY,
VOLUNTARILY AND IRREVOCABLY WAIVED.

 

    	 	17	 

     

    

 

8.15
Liability of Grantor.

 

Notwithstanding
any provision herein or in any other Loan Instrument, each Grantor is and shall be liable for any and all Obligations (whether
any such Obligation is specified as an obligation of any Grantor).

 

8.16
Waiver of Claims.

 

Each
Grantor acknowledges and agrees that they have no offsets, defenses, claims, or counterclaims against the Secured Party or its
officers, directors, employees, attorneys, representatives, parents, affiliates, predecessors, successors, or assigns with respect
to the Collateral, the Convertible Debenture, the Obligations, or otherwise, and that if any Grantor now has, or ever did have,
any offsets, defenses, claims, or counterclaims against the Secured Party or its officers, directors, employees, attorneys, representatives,
affiliates, predecessors, successors, or assigns, whether known or unknown, at law or in equity, from the beginning of the world
through this date and through the time of execution of this Agreement, all of them are hereby expressly WAIVED, and each
Grantor hereby RELEASES the Secured Party and its officers, directors, employees, attorneys, representatives, affiliates,
predecessors, successors, and assigns from any liability therefor.

 

8.17
Counterparts; Facsimile Signatures.

 

This
Agreement may be executed and delivered by exchange of facsimile signatures of the Secured Party and each Grantor, and those signatures
need not be affixed to the same copy. This Agreement may be executed in any number of counterparts.

 

8.18
Entire Agreement.

 

This
Agreement and the other documents or agreements delivered in connection herewith contain the entire understanding among the parties
and supersede any prior agreement or understanding among them with respect to the subject matter hereof.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	 	18	 

     

    

 

IN
WITNESS WHEREOF, the parties hereto have executed this Security Agreement as of the date first above written.

 

	 	COMPANY:
	 	 
	 	GENERATION ALPHA, INC., a Nevada corporation
	 	 	 
	 	By:	                       
	 	Name:	 
	 	Title:	 
	 	 	 
	 	GUARANTORS:
	 	 
	 	SOLIS TEK INC., a California corporation
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	SOLIS TEK EAST CORPORATION, a New Jersey corporation
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	ZELDA HORTICULTURE INC., a California corporation
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	GROW PRO SOLUTIONS, INC., a Nevada Corporation
	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    	 	 	 

     

    

 

IN
WITNESS WHEREOF, the parties hereto have executed this Amended and Restated Global Security Agreement as of the date first
above written.

 

	 	SECURED
    PARTY:
	 	 
	 	YA II PN, LTD.
	 	 	 
	 	By:	Yorkville Advisors
    Global, LP
	 	Its:	Investment Manager
	 	 	 
	 	By:	Yorkville Advisors
    Global II, LLC
	 	Its:	General Partner
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	 	 
	 	 	 

 

    	 	 	 

     

    

 

exhibit
A

(Definition of Collateral)

 

For
the purpose of securing prompt and complete payment and performance by each Grantor of all of the Obligations, each Grantor unconditionally
and irrevocably hereby grants to the Secured Party a continuing security interest in and to, and lien upon, the following “Collateral”
of each Grantor (all capitalized terms used herein and not defined in the Agreement shall have the respective meanings ascribed
thereto in the UCC):

 

All
personal property of each Grantor, wherever located and whether now or hereinafter existing and whether now owned or hereafter
acquired, of every kind and description, tangible or intangible, including without limitation, all:

 

1.
Goods;

 

2.
Inventory, including, without limitation, all goods, merchandise and other personal property which are held for sale or lease,
or are furnished or to be furnished under any contract of service or are raw materials, work-in-process, supplies or materials
used or consumed in each Grantor’s business, and all products thereof, and all substitutions, replacements, additions or
accessions therefor and thereto; and any cash or non-cash Proceeds of all of the foregoing;

 

3.
Equipment, including, without limitation, all machinery, equipment, furniture, parts, tools and dies, of every kind and description,
of each Grantor (including automotive equipment and motor vehicles), now owned or hereafter acquired by each Grantor, and used
or acquired for use in the business of each Grantor, together with all accessions thereto and all substitutions and replacements
thereof and parts therefor and all cash or non-cash Proceeds of the foregoing;

 

4.
Fixtures, including, without limitation, all goods which are so related to particular real estate that an interest in them arises
under real estate law and all accessions thereto, replacements thereof and substitutions therefor, including, but not limited
to, plumbing, heating and lighting apparatus, mantels, floor coverings, furniture, furnishings, draperies, screens, storm windows
and doors, awnings, shrubbery, plants, boilers, tanks, machinery, stoves, gas and electric ranges, wall cabinets, appliances,
furnaces, dynamos, motors, elevators and elevator machinery, radiators, blinds and all laundry, refrigerating, gas, electric,
ventilating, air-refrigerating, air-conditioning, incinerating and sprinkling and other fire prevention or extinguishing equipment
of whatsoever kind and nature and any replacements, accessions and additions thereto, Proceeds thereof and substitutions therefor;

 

5.
Instruments (including promissory notes);

 

6.
Documents;

 

    	 	 	 

     

    

 

7.
Accounts, including, without limitation, all Contract Rights and accounts receivable, health-care-insurance receivables, and license
fees; any other obligations or indebtedness owed to each Grantor from whatever source arising; all rights of each Grantor to receive
any payments in money or kind; all guarantees of Accounts and security therefor; all cash or non-cash Proceeds of all of the foregoing;
all of the right, title and interest of each Grantor in and with respect to the goods, services or other property which gave rise
to or which secure any of the accounts and insurance policies and proceeds relating thereto, and all of the rights of each Grantor
as an unpaid seller of goods or services, including, without limitation the rights of stoppage in transit, replevin, reclamation
and resale and all of the foregoing, whether now existing or hereafter created or acquired;

 

8.
Contracts and Contract Rights, including, to the extent not included in the definition of Accounts, all rights to payment or performance
under a contract not yet earned by performance and not evidenced by an Instrument or Chattel Paper;

 

9.
Chattel Paper (whether tangible or electronic);

 

10.
Money, cash and cash equivalents;

 

11.
Letters of Credit and Letter-of-Credit Rights (whether or not the Letter of Credit is evidenced by a writing);

 

12.
Commercial Tort Claims [INSERT IF ANY];

 

13.
Securities Accounts, Security Entitlements, Securities, Financial Assets and all other Investment Property, including, without
limitation, all ownership or membership interests in any subsidiaries or affiliates (whether or not controlled by any Grantor);

 

14.
General Intangibles, including, without limitation, all Payment Intangibles and Intellectual Property, tax refunds and other claims
of any Grantor against any governmental authority, and all choses in action, insurance proceeds, goodwill customer lists, formulae,
permits, research and literary rights, and franchises.

 

15.
Farm Products;

 

16.
All books and records and information (including all ledger sheets, files, computer programs, tapes and related data processing
software) evidencing an interest in or relating to any of the foregoing and/or to the operation of each Grantor’s business,
and all rights of access to such books and records, and information, and all property in which such books and records, and information
are stored, recorded and maintained.

 

17.
To the extent not already included above, all Supporting Obligations, and any and all cash and non-cash Proceeds, products, accessions,
and/or replacements of any of the foregoing, including proceeds of insurance covering any or all of the foregoing.

 

    	 	 	 

     

    

 

SCHEDULE
4.3

(Addresses)

 

    	 	 	 

     

    

 

SCHEDULE
4.4

(Location,
State of Incorporation, Name)EXECUTIVE
EMPLOYMENT AGREEMENT

 

This
EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) dated October 24, 2019 (the “Effective Date”)
by and between Generation Alpha, a company incorporated under the laws of Nevada (the “Company”), and Tiffany
Davis, an individual (the “Executive”) with reference to the following facts:

 

WHEREAS,
Executive currently serves as the Chief Executive Officer, Chief Financial Officer and Member of the Board of Directors of the
Company;

 

WHEREAS,
the Company wishes to retain Executive as its Chief Executive Officer, Chief Financial Officer and Member of the Board of Directors;
and

 

WHEREAS,
the parties wish to enter into this Agreement directly between Executive and the Company, on the terms and conditions contained
in this Agreement, which will supersede all prior agreements and understandings between the Company and Executive, oral or written
with respect to its subject matter.

 

NOW
THEREFORE, in consideration of the mutual covenants contained herein, the parties, intending to be legally bound, agree as follows:

 

1.
Definitions. As used in this Agreement, the following terms shall have the following meanings:

 

	 	(a)
    	“Board”
    means the Board of Directors of the Company.
	 	 	 
	 	(b)
    	“Cause”
    means any of the following:
	 	 	 	 
	 	 	(i)	the
    commission of an act of fraud, embezzlement or dishonesty by Executive, or the commission of some other illegal act by Executive
    (other than traffic violations or other offenses or violations outside of the course of Executive’s employment), that
    has a demonstrable material adverse impact on the Company or any successor or affiliate thereof, provided however,
    that no act shall be deemed an illegal act, if such act would otherwise be legal, but for 21 U.S.C. § 801 et seq.
    (a/k/a the “Controlled Substances Act”). 
	 	 	 	 
	 	 	(ii)	a
    conviction of, or plea of “guilty” or “no contest” to, a felony by Executive;
	 	 	 	 
	 	 	(iii)	any
    unauthorized use or disclosure by Executive of confidential information or trade secrets of the Company or any successor or
    affiliate thereof that has, or may reasonably be expected to have, a material adverse impact on any such entity;

 

    	1

    	 

    

 

	 	(iv)	Executive’s
    gross negligence, failure to follow a material, lawful and reasonable request of the Board or material violation of any duty
    of loyalty to the Company or any successor or affiliate thereof, or any other demonstrable material willful misconduct on
    the part of Executive;
	 	 	 
	 	(v)	Executive’s
    ongoing and repeated failure or refusal to perform or neglect of Executive’s duties as required by this Agreement, which
    failure, refusal or neglect continues for thirty (30) days following Executive’s receipt of written notice from the
    Board stating with specificity the nature of such failure, refusal or neglect; or
	 	 	 
	 	(vi)	Executive’s
    material breach of any Company policy or any material provision of this Agreement;

 

provided,
however, that prior to the determination that “Cause” under this Section 1(b) has occurred, the Board shall
(A) provide to Executive in writing, in reasonable detail, the reasons for the determination that such “Cause” exists,
(B) other than with respect to clause (v) above which specifies the applicable period of time for Executive to remedy his breach,
afford Executive a reasonable opportunity to remedy any such breach, (C) provide Executive an opportunity to be heard by the Board
(with counsel present) prior to the final decision to terminate Executive’s employment hereunder for such “Cause”
and (D) make any decision that such “Cause” exists in good faith and with the approval of two-thirds (2/3rds) of the
independent members of the Board. For purposes hereof, no act shall be deemed “willful” if taken (or omitted) on the
reasonable belief that it was in the best interest of the Company or upon the advice of counsel or other expert.

 

The
foregoing definition shall not in any way preclude or restrict the right of the Company or any successor or affiliate thereof
to discharge or dismiss Executive for any other acts or omissions, but such other acts or omissions shall not be deemed, for purposes
of this Agreement, to constitute grounds for termination for Cause.

 

(c)
Change in Control. For purposes of this Agreement, “Change in Control” means the first to occur of any
of the following transactions that also constitutes a change in the ownership or effective control of the Company, or a change
in the ownership of a substantial portion of the Company’s assets, as described in Treasury Regulation Section 1.409A-3(i)(5):
(A) a merger or consolidation in which the Company is not the surviving entity, except for a transaction the principal purpose
of which is to change the state in which the Company is incorporated; (B) the sale, transfer or other disposition of all or substantially
all of the assets of the Company (including the capital stock of the Company’s subsidiary corporations); (C) the complete
liquidation or dissolution of the Company; (D) any reverse merger in which the Company is the surviving entity but in which securities
possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities are
transferred to a person or persons different from those who held such securities immediately prior to such merger; or (E) an acquisition
of the Company in a single or series of related transactions by any person or related group of persons (other than the Company
or by a Company-sponsored employee benefit plan) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act)
of securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities.
Notwithstanding anything to the contrary contained herein, the following transactions shall not constitute a Change in Control
hereunder: (i) a sale by the Company of its securities in a bona fide financing transaction; and (ii) a sale of assets, merger
or other transaction effected exclusively for the purpose of changing the domicile of the Company. To the extent required for
compliance with Section 409A of the Internal Revenue Code, in no event will a Change in Control be deemed to have occurred if
such transaction is not also a “change in the ownership or effective control of” the Company or “a change in
the ownership of a substantial portion of the assets of” the Company as determined under Treasury Regulations Section 1.409A-3(i)(5)
(without regard to any alternative definition thereunder).

 

    	2

    	 

    

 

Benefits
upon a Change in Control. In the event of a Change in Control of the Company, the vesting and/or exercisability of twenty-five
percent (25%) of the outstanding unvested equity awards then held by Executive (the “Equity Awards”) shall
be accelerated as of immediately prior to the effective date of the Change of Control transaction. Further, in the event that
the Equity Awards are not assumed or substituted and would otherwise terminate prior to and in connection with the Change in Control,
the vesting and/or exercisability of an additional fifty percent (50%) of the Equity Awards shall be accelerated as of immediately
prior to the effective date of the Change of Control transaction.

 

(d)
“Code” means the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations
and other interpretive guidance issued thereunder.

 

(e)
“Good Reason” means the occurrence of any of the following events or conditions without Executive’s written
consent:

 

	 	(i)	a
    material reduction of Executive’s title, authority, duties or responsibilities, or the assignment to Executive of duties
    materially inconsistent with Executive’s positions with the Company as stated in Section 2(a) hereof, provided, however,
    that the Company’s appointment of someone as Chief Financial Officer and removing such title, authority, duties and/or
    responsibilities associated with that title from Executive shall not constitute Good Reason;
	 	 	 
	 	(ii)	a
    material diminution in Executive’s base compensation, unless a similar reduction is imposed across-the-board to senior
    management of the Company and is not greater than 15%;
	 	 	 
	 	(iii)	a
    material change in the geographic location at which Executive must perform his duties (and the parties acknowledge that a
    relocation of Executive’s principal office to a location more than twenty-five (25) miles from the Company’s then
    current offices (excepting reasonable travel on the Company’s business) shall constitute a material change for purposes
    of this clause (iii)); 
	 	 	 
	 	(iv)	any
    other action or inaction that constitutes a material breach by the Company or any successor or affiliate of its obligations
    to Executive under this Agreement; or
	 	 	 
	 	(v)	the
    Company’s delivery of a Non-Renewal Notice (as hereinafter defined).

 

    	3

    	 

    

 

Executive
must provide written notice to the Company of the occurrence of any of the foregoing events or conditions without Executive’s
written consent within ninety (90) days of the occurrence of such event. The Company or any successor or affiliate shall have
a period of thirty (30) days to cure such event or condition after receipt of written notice of such event from Executive. “Good
Reason” shall not exist unless and until the Company fails to cure the condition within the allotted timeframe.

 

(f)
“Involuntary Termination” means (i) Executive’s Separation from Service by reason of Executive’s
discharge by the Company other than for Cause, or (ii) Executive’s Separation from Service by reason of Executive’s
resignation of employment with the Company for Good Reason. Executive’s Separation from Service by reason of Executive’s
death or discharge by the Company following Executive’s Permanent Disability shall not constitute an Involuntary Termination.
Executive’s Separation from Service by reason of resignation from employment with the Company for Good Reason shall be an
“Involuntary Termination” only if such Separation from Service occurs within six (6) months following the initial
existence of the act or failure to act constituting Good Reason, and then only after an opportunity to cure has been provided
in accordance with Section 1(d).

 

(g)
“Involuntary Termination” means (i) Executive’s Separation from Service by reason of Executive’s
discharge by the Company (or its successor(s) within twelve (12) months following a Change in Control) other than for Cause, or
(ii) Executive’s Separation from Service by reason of Executive’s resignation of employment with the Company (or its
successor(s) within twelve (12) months following a Change in Control) for Good Reason. Executive’s Separation from Service
by reason of Executive’s death or discharge by the Company following Executive’s Permanent Disability shall not constitute
an Involuntary Termination. Executive’s Separation from Service by reason of resignation from employment with the Company
for Good Reason shall be an “Involuntary Termination” only if such Separation from Service occurs within six (6) months
following the initial existence of the act or failure to act constituting Good Reason, and then only after an opportunity to cure
has been provided in accordance with Section 1(d), or within twelve (12) months following a Change in Control, as provided for
hereinabove in this Sub-section.

 

(h)
“Permanent Disability” of Executive shall be deemed to have occurred if Executive shall become physically or
mentally incapacitated or disabled or otherwise unable fully to discharge his duties hereunder for a period of ninety (90) consecutive
calendar days or for one hundred twenty (120) calendar days in any one hundred eighty (180) calendar-day period. The existence
of Executive’s Permanent Disability shall be determined by the Company on the advice of a physician chosen by the Company
and the Company reserves the right to have Executive examined by a physician chosen by the Company at the Company’s expense.

 

    	4

    	 

    

 

(i)
“Separation from Service,” with respect to Executive, means Executive’s “separation from service,”
as defined in Treasury Regulation Section 1.409A-1(h).

 

(j)
“Stock Awards” means all stock options, restricted stock and such other awards granted pursuant to the Company’s
stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

 

2.
Services to Be Rendered.

 

(a)
Duties and Responsibilities. Executive shall serve as Chief Executive Officer, and Chief Financial Officer of the Company.
The Company shall continue to nominate and recommend that Executive serve as a director on the Board. In the performance of such
duties, Executive shall report directly to and shall be subject to the direction of the Board. Executive hereby consents to serve
as an officer and/or director of the Company or any subsidiary or affiliate thereof without any additional salary or compensation.
Executive’s primary place of work shall be southern California. Executive shall be subject to and comply with the policies
and procedures generally applicable to senior executives of the Company to the extent the same are not inconsistent with any term
of this Agreement.

 

(b)
Exclusive Services. Executive shall at all times faithfully, industriously and to the best of her ability, experience and
talent perform to the satisfaction of the Board all of the duties that may be assigned to Executive hereunder and shall devote
substantially all of her productive time and efforts to the performance of such duties. Executive agrees that she will not join
any boards, other than community and civic boards (which do not interfere with her duties to the Company), without the prior approval
of the Board, such approval not to be unreasonably withheld or delayed. Except as provided below, the Company shall be entitled
to all benefits, profits or other issues arising from or incidental to all work, services and advice performed or provided by
Executive. Provided that the activities listed below do not materially interfere with Executive’s duties and responsibilities
to the Company and are not otherwise prohibited by this Agreement, nothing in this Agreement shall preclude Employee from:

 

	 	(i)
    	Serving
    as a member or owner of any organization involving no conflict of interest with the Company, provided that Executive must
    obtain the prior written approval of the Board, which approval shall not be unreasonably withheld or delayed. Ownership in
    her CBD business is so approved;
	 	 	 
	 	(ii)
    	Serving
    as a consultant in her area of expertise to government, commercial and academic panels where it does not conflict with the
    interests of the Company; and
	 	 	 
	 	(iii)
    	Managing
    her personal investments, including owning shares of companies whose securities are publicly traded, so long as such securities
    do not constitute more than five percent (5%) of the outstanding securities of any such company.

 

    	5

    	 

    

 

3.
Compensation and Benefits. The Company shall pay or provide, as the case may be, to Executive the compensation and other
benefits and rights set forth in this Section 3.

 

(a)
Base Salary. As of the Effective Date, the Company shall pay to Executive a base salary (the “Base Salary”)
of $100,000 per year, payable in accordance with the Company’s usual pay practices (and in any event no less frequently
than monthly).

 

(b)
Annual Salary Increase. Executive’s Base Salary shall be subject to review annually by the Board and/or the Compensation
Committee and may be increased but not decreased.

 

(c)
Annual Bonus. Executive shall be entitled to participate in any bonus plan that the Board and/or Compensation Committee
of the Board or its designee may approve for the senior executives of the Company. Any bonus awarded under this Section 3(c) shall
be calculated following the close of the fiscal year to which the bonus relates and paid in a lump sum by no later than two and
one-half (2 1⁄2) months following the end of the fiscal year in which such bonus award is earned, provided that Executive
remains employed on the date of payment (and has not given notice of resignation).

 

(d)
Previous Bonus. The Company acknowledges Executive’s previous agreed upon sign on bonus of $55,000 and will be paid as the
Company can afford to pay such bonus and should be paid no later than October 31, 2020. 

 

(e)
Performance-Based Bonus. In addition to any other compensation that Executive is entitled to under this Agreement, and
subject to the conditions set forth in this Section 3(d), the Company shall pay to Executive an annual performance-based bonus
(the “Performance-Based Bonus”) as follows:

 

	 	(i)
    	If
    the Company’s total 2020 gross, top-line revenue for the fiscal year in which such bonus award is earned has increased
    by at least One Hundred percent (50%) from the prior fiscal year of 2019, Executive shall receive thirty percent (30%) of
    the Base Salary for the fiscal year in which such bonus award is earned, 
	 	(ii)
    	If
    the Company’s total 2020 gross, top line revenue for the fiscal year in which such bonus award is earned has increased
    by at least One Hundred and Fifty percent (100%) from the prior fiscal year, Executive shall receive fifty percent (50%) of
    the Base Salary for the fiscal year in which such bonus award is earned, 

 

Any
Performance-Based Bonus awarded under this Section 3(d) shall be calculated following the close of the fiscal year to which the
bonus relates, and paid in a lump sum by no later than two and one-half (2 1⁄2) months following the end of the fiscal year
in which such bonus award is earned, provided that Executive remains employed on the date of payment (and has not given notice
of resignation).

 

    	6

    	 

    

 

(e)
Equity Awards. On the Effective Date, the Company shall grant to Executive an option to purchase 833,300 shares of stock
of GNAL exercisable at any time, for a period of five (5) years at 100 percent (100%) of the closing price on the last trading
day preceding the Effective Date. Subsequently, on each of the following quarters of the Effective Date thereafter, the Company
shall grant to Executive an option to purchase $25,000 of the Company’s common stock exercisable, for a five (5) year period
from the date of each grant, at 100 percent (100%) of the closing price on the last trading day preceding the second (2nd),
third (3rd), and forth (4th) Quarters of the Effective Date, respectively. Executive has the right to execute
such options on a “net exercise” or similar “cashless” conversion. Executive shall also be entitled to
participate in any equity or other employee benefit plan that is generally available to senior executive officers, as distinguished
from general management, of the Company. Except as otherwise provided in this Agreement, Executive’s participation in and
benefits under any such plan shall be on the terms and subject to the conditions specified in the governing document of the particular
plan.

 

(f)
Benefits. Executive shall be entitled to participate in benefits under the Company’s benefit plans, profit sharing
and arrangements, including, without limitation, any employee benefit plan or arrangement made available in the future by the
Company to its employees or senior executives, subject to and on a basis consistent with the terms, conditions and overall administration
of such plans and arrangements. The Company shall have the right to amend or delete any such benefit plan or arrangement made
available by the Company to its employees or senior executives and not otherwise specifically provided for herein. Notwithstanding
the foregoing, during the Employment Term (as hereinafter defined), the Company will provide, at the Company’s expense,
health and major medical insurance benefits to the Executive.

 

(g)
Expenses. The Company shall promptly reimburse Executive for reasonable out-of-pocket business expenses incurred in connection
with the performance of her duties hereunder, subject to (i) such policies as the Company may from time to time establish, (ii)
Executive furnishing the Company with evidence in the form of receipts satisfactory to the Company substantiating the claimed
expenditures, and (iii) Executive receiving advance approval from the Board in the case of expenses (or a series of related expenses)
in excess of $1000.

 

(h)
Paid Time Off. Executive shall have the right to four weeks of Personal Time Off (“PTO”) during each successive
one-year period of her employment by the Company, which PTO time shall be taken at such time or times in each such one-year period
so as not to materially and adversely interfere with the performance of her responsibilities under this Agreement. Executive shall
not be entitled to carry over any unused vacation time from one year to the next and any accrued but unused vacation time will
be waived. In addition, Executive shall be entitled to paid Holidays in accordance with the policies of the Company applicable
to senior management personnel from time to time.

 

(i)
Withholding. The Company shall be entitled to withhold from amounts payable or benefits accorded to Executive under this
Agreement all federal, state and local income, employment and other taxes, as and in such amounts as may be required by applicable
law.

 

    	7

    	 

    

 

4.
Employment Term. The term of this Agreement (as it may be extended by the following sentence or terminated earlier pursuant
to Section 5, the (“Employment Term”) shall begin on the Effective Date and end on the first (1st)
anniversary of the Effective Date. The Employment Term shall be automatically extended for additional one-year periods unless,
at least sixty (60) days prior to the end of the expiration of the Employment Term, Executive or the Board notifies the other
party in writing (a “Non-Renewal Notice”) that it does not wish to extend such Employment Term. Executive’s
employment hereunder shall be coterminous with the Employment Term, unless sooner terminated as provided in Section 5.

 

5.
Termination; Severance. Executive shall be entitled to receive benefits upon a Separation from Service only as set forth
in this Section 5:

 

(a)
General. Either the Board or Executive may terminate Executive’s employment hereunder, for any reason, at any time
prior to the expiration of the Employment Term, upon thirty (30) days prior written notice to the other party. Upon termination
of Executive’s employment hereunder for any reason, Executive shall be deemed simultaneously to have resigned from any other
position or office he may at the time hold with the Company or any of its affiliates. In addition, upon termination of Executive’s
employment hereunder for any reason, including, without limitation, expiration of the Employment Term, the Company shall (i) reimburse
Executive for any expenses properly incurred under Section 3(g) and which have not previously been reimbursed as of the effective
date of the termination, and (ii) pay Executive for any other accrued and unpaid compensation under Section 3, including, but
not limited to, Base Salary through and including the effective date of termination (the “Termination Date”)
(collectively, the “Accrued Compensation”). The Accrued Compensation will be paid in a lump sum on the Termination
Date or on the first business day after the Termination Date, if the Termination Date falls on a weekend or holiday.

 

(b)
Separation from Service by Death or Following Permanent Disability. Subject to Sections 5(e) and 10(p) and Executive’s
continued compliance with Section 6, in the event of Executive’s Separation from Service as a result of Executive’s
death or discharge by the Company following Executive’s Permanent Disability, Executive or Executive’s estate, as
applicable, shall be entitled to receive her base salary through the end of the month in which Executive’s Separation from
Service occurs as a result of Executive’s death or Permanent Disability.

 

(c)
Severance upon Involuntary Termination. Subject to Sections 5(e) and 10(p) and Executive’s continued compliance with
Section 6, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any
severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits
provided below, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a
lump sum within ten (10) days following the effective date of Executive’s Release (as hereinafter defined):

 

	 	(i)	the
Company shall pay to Executive his fully earned but unpaid base salary, when due, through the date of Executive’s Involuntary
Termination at the rate then in effect (without regard to any reduction in salary that gave rise to an event of Good Reason),
plus all other benefits, if any, under any Company group retirement plan, nonqualified deferred compensation plan, equity award
plan or agreement, health benefits plan or other Company group benefit plan to which Executive may be entitled pursuant to the
terms of such plans or agreements at the time of Executive’s Involuntary Termination;

 

    	8

    	 

    

 

(d)
Termination for Cause or Voluntary Resignation Without Good Reason. In the event of Executive’s termination of employment
as a result of Executive’s discharge by the Company for Cause or Executive’s resignation without Good Reason (other
than as a result of Executive’s death or Separation from Service by reason of discharge by the Company following Executive’s
Permanent Disability), the Company shall not have any other or further obligations to Executive under this Agreement (including
any financial obligations) except that Executive shall be entitled to receive the Accrued Compensation. In addition, in the event
of Executive’s Separation from Service as a result of Executive’s discharge by the Company for Cause or Executive’s
resignation without Good Reason (other than as a result of Executive’s death or Separation from Service by reason of discharge
by the Company following Executive’s Permanent Disability), all vesting of Executive’s unvested Stock Awards previously
granted to him by the Company shall cease and none of such unvested Stock Awards shall be exercisable following the 90th
day following the date of such termination. The foregoing shall be in addition to, and not in lieu of, any and all other
rights and remedies which may be available to the Company under the circumstances, whether at law or in equity.

 

(e)
Termination in Connection with a Change in Control Event. Subject to Sections 5(f) and 10(p) and Executive’s continued
compliance with Section 6, if Executive’s employment is Involuntarily Terminated within twelve (12) months after consummation
of a Change in Control transaction or within ninety (90) days prior to the consummation of a Change in Control or if terminated
after an agreement has been executed that contemplates the consummation of an Change in Control but before it closes, Executive
shall be entitled to receive, in addition to (A) any severance benefits to which Executive may otherwise be entitled under any
severance plan or program of the Company and (B) pursuant to Section 5(c) hereof, the vesting and/or exercisability of any outstanding
unvested portions of such Stock Awards shall be automatically accelerated so as to be immediately vested and exercisable as of
the date of Involuntary Termination and shall remain exercisable through the Severance Period (subject to earlier termination
(A) in connection with a recapitalization or similar transaction pursuant to the Company’s equity incentive plans governing
such Stock Awards or (B) the contractual term of the Stock Award).

 

(f)
Release. As a condition to Executive’s receipt of any post-termination benefits pursuant to Sections 5(b), (c) or
(d) above, Executive (or, in the event of Executive’s incapacity as a result of his Permanent Disability, Executive’s
legal representative) shall execute and not revoke a general release of all claims in favor of the Company (the “Release”)
in a form reasonably acceptable to the Company. In the event the Release does not become effective within the fifty-five (55)
day period following the date of Executive’s Separation from Service, Executive shall not be entitled to the aforesaid payments
and benefits.

 

    	9

    	 

    

 

(g)
Exclusive Remedy. Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of
Executive’s rights to salary, severance, benefits, bonuses and other amounts hereunder (if any) accruing after the termination
of Executive’s employment shall cease upon such termination. In the event of Executive’s termination of employment
with the Company, Executive’s sole remedy shall be to receive the payments and benefits described in this Section 5. In
addition, Executive acknowledges and agrees that he is not entitled to any reimbursement by the Company for any taxes payable
by Executive as a result of the payments and benefits received by Executive pursuant to this Section 5, including, without limitation,
any excise tax imposed by Section 4999 of the Code.

 

(h)
No Mitigation. Executive shall not be required to mitigate the amount of any payment provided for in this Section 5 by
seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Section 5 be reduced
by any compensation earned by Executive as the result of employment by another employer or self-employment or by retirement benefits;
provided, however, that loans, advances or other amounts owed by Executive to the Company may be offset by the Company
against amounts payable to Executive under this Section 5.

 

(i)
Return of the Company’s Property. In the event of Executive’s termination of employment for any reason, the
Company shall have the right, at its option, to require Executive to vacate his offices prior to or on the effective date of separation
and to cease all activities on the Company’s behalf. Upon Executive’s termination of employment in any manner, as
a condition to Executive’s receipt of any severance benefits described in this Agreement, Executive shall immediately surrender
to the Company all lists, books and records of, or in connection with, the Company’s business, and all other property belonging
to the Company, it being distinctly understood that all such lists, books and records, and other documents, are the property of
the Company. Executive shall deliver to the Company a signed statement certifying compliance with this Section 5(h) prior to the
receipt of any severance benefits described in this Agreement.

 

    	10

    	 

    

 

6.
Certain Covenants.

 

(a)
Confidential Information. Executive recognizes and acknowledges that by reason of Executive’s employment by and service
to the Company before, during and, if applicable, after the Employment Term, Executive will have access to certain confidential
and proprietary information relating to the Company’s business, which may include, but is not limited to, unique business
strategies, theories and concepts, information regarding plans, strategies, opportunities, processes, ideas, research and know-how
developed by or for the Company, trade secrets, patents, other intellectual property, clinical studies, regulatory dossiers, manufacturing,
marketing, personnel, financial data, technical information, methods, processes, formulae and information which Company has obtained
from third parties (collectively referred to as “Confidential Information”). Executive acknowledges that such
Confidential Information is a valuable and unique asset of the Company and Executive covenants that he will not, unless expressly
authorized in writing by the Company, at any time during the course of Executive’s employment use any Confidential Information
or divulge or disclose any Confidential Information to any person, firm or corporation except in connection with the performance
of Executive’s duties for the Company and in a manner consistent with the Company’s policies regarding Confidential
Information. Executive also covenants that at any time after the termination of such employment, directly or indirectly, he will
not use any Confidential Information or divulge or disclose any Confidential Information to any person, firm or corporation, unless
such information is in the public domain through no fault of Executive or except when required to do so by a court of law, by
any governmental agency having supervisory authority over the business of the Company or by any administrative or legislative
body (including a committee thereof) with apparent jurisdiction to order Executive to divulge, disclose or make accessible such
information. All written Confidential Information (including, without limitation, in any computer or other electronic format)
which comes into Executive’s possession during the course of Executive’s employment shall remain the property of the
Company. Except as required in the performance of Executive’s duties for the Company, or unless expressly authorized in
writing by the Company, Executive shall not remove any written Confidential Information from the Company’s premises, except
in connection with the performance of Executive’s duties for the Company and in a manner consistent with the Company’s
policies regarding Confidential Information. Upon termination of Executive’s employment, Executive agrees to return immediately
to the Company all written Confidential Information (including, without limitation, in any computer or other electronic format)
in Executive’s possession. As a condition of Executive’s continued employment with the Company and in order to protect
the Company’s interest in such proprietary information, the Company shall be allowed to require Executive’s execution
of a confidentiality agreement and/or proprietary information and inventions agreement, as reasonably requested by the Board not
inconsistent with the provisions of this paragraph 6(b).

 

(b)
Solicitation of Employees. During the Restricted Period, Executive shall not, directly or indirectly, solicit or encourage
any person to leave the employment of the Company or any of its affiliates, any employee of the Company or any of its affiliates.

 

(c)
Solicitation of Consultants and other Third Parties. During the Restricted Period, Executive shall not, directly or indirectly,
hire, solicit or encourage any person to cease work with the Company or any of its affiliates, consultants, distributors, licensees
or other third party partners then under contract with the Company or any of its affiliates within one year of the termination
of such consultant’s engagement by the Company or any of its affiliates.

 

(d)
Rights and Remedies Upon Breach. If Executive breaches or threatens to commit a breach of any of the provisions of this
Section 6 (the “Restrictive Covenants”), the Company shall have the following rights and remedies, each of
which rights and remedies shall be independent of the other and severally enforceable, and all of which rights and remedies shall
be in addition to, and not in lieu of, any other rights and remedies available to the Company under law or in equity:

 

	 	(i)
    	Specific
    Performance. The right and remedy to have the Restrictive Covenants specifically enforced by any court having equity jurisdiction
    by way of a temporary restraining order, preliminary injunction, permanent injunction, or other equitable remedy, all without
    the need to post a bond or any other security or to prove any amount of actual damage or that money damages would not provide
    an adequate remedy, it being acknowledged and agreed that any such breach or threatened breach may cause irreparable injury
    to the Company and that money damages will not provide adequate remedy to the Company; and

 

    	11

    	 

    

 

 

	 	(ii)
    	Accounting
    and Indemnification. The right and remedy to require Executive to account for and pay over to the Company all compensation,
    profits, monies, accruals, increments or other benefits derived or received by Executive or any associated party deriving
    such benefits as a result of any such breach of the Restrictive Covenants.

 

(e)
Definitions. For purposes of this Section 6, the term “Company” means not only Generation Alpha., but
also any company, partnership or entity which, directly or indirectly, controls, is controlled by or is under common control with
Generation Alpha.

 

7.
Insurance; Indemnification.

 

(a)
Insurance. The Company shall have the right to take out life, health, accident, “key-man” or other insurance
covering Executive, in the name of the Company and at the Company’s expense in any amount deemed appropriate by the Company.
Executive shall assist the Company in obtaining such insurance, including, without limitation, submitting to any required examinations
and providing information and data required by insurance companies.

 

(b)
Indemnification. Executive will be provided with indemnification against third party claims related to his work for the
Company to the fullest extent permitted by California law. The Company shall provide Executive with directors and officers liability
insurance coverage at least as favorable as that which the Company shall maintain for members of the Board and other executive
officers.

 

8.
General Relationship. Executive shall be considered an employee of the Company within the meaning of all federal, state
and local laws and regulations including, but not limited to, laws and regulations governing unemployment insurance, workers’
compensation, industrial accident, labor and taxes.

 

9.
Representations and Warranties of Executive. Executive hereby represents and warrants to the Company that (a) the execution,
delivery and performance of this Agreement by Executive does not and shall not conflict with, breach, violate or cause a default
under any agreement, contract or instrument to which the Executive is a party or any judgment, order or decree to which Executive
is subject, (b) Executive is not a party to or bound by any employment agreement, (c) Executive is not a party to or bound by
any consulting agreement, non-compete agreement, confidentiality agreement or similar agreement with any other person or entity
that would affect the Company or the obligations of Executive hereunder and (d) upon the execution and delivery of this Agreement
by the Company and Executive, this Agreement will be a valid and binding obligation of Executive, enforceable in accordance with
its terms.

 

    	12

    	 

    

 

10.
Miscellaneous.

 

(a)
Modification; Prior Claims. This Agreement sets forth the entire understanding of the parties with respect to the subject
matter hereof, supersedes all existing agreements between them concerning such subject matter. This Agreement may be amended or
modified only with the written consent of Executive and an authorized representative of the Company. No oral waiver, amendment
or modification will be effective under any circumstances whatsoever.

 

(b)
Assignment; Assumption by Successor. The rights of the Company under this Agreement may, without the consent of Executive,
be assigned by the Company, in its sole and unfettered discretion, to any person, firm, corporation or other business entity which
at any time, (whether direct or indirect and whether by purchase, lease, merger, consolidation, liquidation or otherwise, acquires
all or substantially all of the assets or business of the Company. The Company will require any successor(s) (whether direct or
indirect, by purchase, merger or otherwise) to all or substantially all of the business or assets of the Company expressly to
assume and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to
perform it if no such succession had taken place; provided, however, that no such assumption shall relieve the Company
of its obligations hereunder. As used in this Agreement, the “Company” shall mean the Company as hereinbefore
defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation
of law or otherwise.

 

(c)
Survival. The covenants, agreements, representations and warranties contained in or made in Sections 3(e), 3(f), 5, 6,
7, 9 and 10 of this Agreement shall survive the termination of Executive’s employment.

 

(d)
Third-Party Beneficiaries. This Agreement does not create, and shall not be construed as creating, any rights enforceable
by any person not a party to this Agreement.

 

(e)
Waiver. The failure of either party hereto at any time to enforce performance by the other party of any provision of this
Agreement shall in no way affect such party’s rights thereafter to enforce the same, nor shall the waiver by either party
of any breach of any provision hereof be deemed to be a waiver by such party of any other breach of the same or any other provision
hereof.

 

(f)
Section Headings. The headings of the several sections in this Agreement are inserted solely for the convenience of the
parties and are not a part of and are not intended to govern, limit or aid in the construction of any term or provision hereof.

 

(g)
Notices. Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with
notice deemed given as indicated: (i) by personal delivery when delivered personally; (ii) by overnight courier upon written verification
of receipt; (iii) by email, telecopy or facsimile transmission upon acknowledgment of receipt of electronic transmission; or (iv)
by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall be sent to Executive at
the address listed on the Company’s personnel records and to the Company at its principal place of business, or such other
address as either party may specify in writing.

 

    	13

    	 

    

 

(h)
Severability. All Sections, clauses and covenants contained in this Agreement are severable, and in the event any of them
shall be held to be invalid by any court, this Agreement shall be interpreted as if such invalid Sections, clauses or covenants
were not contained herein.

 

(i)
Governing Law. This Agreement shall be governed by, and construed in accordance with and subject to, the laws of the State
of California applicable to agreements made and to be performed entirely within such state without regard to its conflicts of
law rules.

 

(j)
Jurisdiction and Venue.

 

(i)
The Company and Executive hereby irrevocably and unconditionally submit, for themselves and their property, to the exclusive jurisdiction
of the California State courts or the United States District Court for the Central District of California, and any appellate court
from any thereof, in any action or proceeding arising out of or relating to this Agreement or for recognition or enforcement of
any judgment, and the Company and Executive hereby irrevocably and unconditionally agree that all claims in respect of any such
action or proceeding may be heard and determined in any such California State court or, to the extent permitted by law, in the
United States District Court for the Central District of California. The Company and Executive irrevocably waive, to the fullest
extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.
The Company and Executive agree that a final judgment in any such 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.

 

(k)
Non-transferability of Interest. None of the rights of Executive to receive any form of compensation payable pursuant to
this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution
upon the death of Executive. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of
any interest in the rights of Executive to receive any form of compensation to be made by the Company pursuant to this Agreement
shall be void.

 

(l)
Gender. Where the context so requires, the use of the masculine gender shall include the feminine and/or neuter genders
and the singular shall include the plural, and vice versa, and the word “person” shall include any corporation, firm,
partnership or other form of association.

 

(m)
Counterparts. The parties may execute this Agreement in multiple counterparts, each of which constitutes an original as
against the party that signed it, and both of which together constitute one agreement. The signatures of both parties need not
appear on the same counterpart. In the event that any signature is delivered by facsimile transmission or by an e-mail which contains
a portable document format (.pdf) file of an executed signature page, such signature page shall create a valid and binding obligation
of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature page
were an original thereof.

 

    	14

    	 

    

 

(n)
Construction. The language in all parts of this Agreement shall in all cases be construed simply, according to its fair
meaning, and not strictly for or against any of the parties hereto. Without limitation, there shall be no presumption against
any party on the ground that such party was responsible for drafting this Agreement or any part thereof.

 

(o)
Withholding and other Deductions. All compensation payable to Executive hereunder shall be subject to such deductions as
the Company is from time to time required to make pursuant to law, governmental regulation or order.

 

(p)
Code Section 409A.

 

	 	(i)
    	This
    Agreement is not intended to provide for any deferral of compensation subject to Section 409A of the Code, and, accordingly,
    the severance payments payable under Sections 5(c)(ii) and 5(c)(iii) shall be paid no later than the later of: (A) the fifteenth
    (15th) day of the third month following Executive’s first taxable year in which such severance benefit is no longer
    subject to a substantial risk of forfeiture, and (B) the fifteenth (15th) day of the third month following first taxable year
    of the Company in which such severance benefit is no longer subject to substantial risk of forfeiture, as determined in accordance
    with Code Section 409A and any Treasury Regulations and other guidance issued thereunder. To the extent applicable, this Agreement
    shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance
    issued thereunder.
	 	 	 
	 	(ii)
    	If
    Executive is a “specified employee” (as defined in Section 409A of the Code), as determined by the Company in
    accordance with Section 409A of the Code, on the date of Executive’s Separation from Service, to the extent that the
    payments or benefits under this Agreement are subject to Section 409A of the Code and the delayed payment or distribution
    of all or any portion of such amounts to which Executive is entitled under this Agreement is required in order to avoid a
    prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, then such portion deferred pursuant to this Section 9(p)(ii)
    shall be paid or distributed to Executive in a lump sum on the earlier of (A) the date that is six (6)-months following Executive’s
    Separation from Service, (B) the date of Executive’s death or (C) the earliest date as is permitted under Section 409A
    of the Code. Any remaining payments due under the Agreement shall be paid as otherwise provided herein.

 

    	15

    	 

    

 

	 	(iii)
    	To
    the extent applicable, this Agreement shall be interpreted in accordance with the applicable exemptions from Section 409A
    of the Code. If Executive and the Company determine that any payments or benefits payable under this Agreement intended to
    comply with Sections 409A(a)(2), (3) and (4) of the Code do not comply with Section 409A of the Code, Executive and the Company
    agree to amend this Agreement, or take such other actions as Executive and the Company deem reasonably necessary or appropriate,
    to comply with the requirements of Section 409A of the Code and the Treasury Regulations thereunder (and any applicable transition
    relief) while preserving the economic agreement of the parties. To the extent that any provision in this Agreement is ambiguous
    as to its compliance with Section 409A of the Code, the provision shall be read in such a manner that no payments payable
    under this Agreement shall be subject to an “additional tax” as defined in Section 409A(a)(1)(B) of the Code.
	 	 	 
	 	(iv)
    	Any
    reimbursement of expenses or in-kind benefits payable under this Agreement shall be made in accordance with Treasury Regulation
    Section 1.409A-3(i)(1)(iv) and shall be paid on or before the last day of Executive’s taxable year following the taxable
    year in which Executive incurred the expenses. The amount of expenses reimbursed or in-kind benefits payable in one year shall
    not affect the amount eligible for reimbursement or in-kind benefits payable in any other taxable year of Executive’s,
    and Executive’s right to reimbursement for such amounts shall not be subject to liquidation or exchange for any other
    benefit.
	 	 	 
	 	(v)
    	In
    the event that the amounts payable under Sections 5(c)(ii) and 5(c)(iii) are subject to Section 409A of the Code and the timing
    of the delivery of Executive’s Release could cause such amounts to be paid in one or another taxable year, then notwithstanding
    the payment timing set forth in such sections, such amounts shall not be payable until the later of (A) the payment date specified
    in such Section or (B) the first business day of the taxable year following Executive’s Separation from Service.

 

    	16

    	 

    

 

IN
WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed this Agreement as of the date first written above.

 

	EXECUTIVE:	 	GENERATION
    ALPHA
	 	 	 	 
	Tiffany
    Davis	 	Name:	George
O’Leary 
	 	 	Title:	Executive
    Chairman

 

    	17

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