Document:

Global
Technologies, Ltd

Board
of Directors Services Agreement

 

This
Board of Directors Services Agreement (the “Agreement”), dated January 26, 2018, is entered into between Global Technologies,
Ltd, a Delaware corporation (“the Company), and Jimmy Wayne Anderson, an individual with a principal place of residence
in St. Petersburg, FL (“Director”).

 

WHEREAS,
the Company desires to retain the services of Director for the benefit of the Company and its stockholders; and

 

WHEREAS,
Director desires to serve on the Company’s Board of Directors for the period of time and subject to the terms and conditions
set forth herein;

 

NOW,
THEREFORE, for consideration and as set forth herein, the parties hereto agree as follows:

 

1.
Board Duties. Director agrees to provide services to the Company as a member of the Board of Directors. Director shall,
for so long as he remains a member of the Board of Directors, but in any case, not less than one year from the date hereof, meet
with the Company upon written request, at dates and times mutually agreeable to Director and the Company, to discuss any matter
involving the Company or its Subsidiaries, which involves or may involve issues of which Director has knowledge and cooperate
in the review, defense or prosecution of such matters. Director acknowledges and agrees that the Company may rely upon Director’s
expertise in product development, marketing or other business disciplines where Director has a deep understanding with respect
to the Company’s business operations and that such requests may require substantial additional time and efforts in addition
to Director’s customary service as a member of the Board of Directors. Director will notify the Company promptly if he is
subpoenaed or otherwise served with legal process in any matter involving the Company or its subsidiaries. Director will notify
the Company if any attorney who is not representing the Company contacts or attempts to contact Director (other than Director’s
own legal counsel) to obtain information that in any way relates to the Company or its Subsidiaries, and Director will not discuss
any of these matters with any such attorney without first so notifying the Company and providing the Company with an opportunity
to have its attorney present during any meeting or conversation with any such attorney.

 

2.
Compensation.  As compensation for the services provided herein, the Company shall pay to Director an amount equal to Ten
Thousand and no/100 dollars ($10,000.00), paid to the Director on the last calendar day of each quarter as long as Director continues
to fulfill his duties and provide the services set forth above. In addition to cash compensation, the Company is to issue Mr.
Anderson the equivalent of $10,000 of the Company’s common stock on the last calendar day of each quarter. The calculation
for the number of shares to be issued to Mr. Anderson shall be as follows: $10,000/(Closing stock price on the last trading day
of each quarter x .80). The Director shall begin receiving compensation for services rendered under this Agreement beginning during
the first calendar quarter of 2018.

 

3.
Benefits and Expenses. The Company shall reimburse Director for reasonable out-of-pocket expenses incurred in connection
with discharging his duties as a Board member. Any additional expenses shall be pre-approved by the President or CFO of the Company
and will be reimbursed subject to receiving reasonable substantiating documentation relating to such expenses.

 

4.
Mutual Non-Disparagement. Director and the Company mutually agree to forbear from making, causing to be made, publishing,
ratifying or endorsing any and all disparaging remarks, derogatory statements or comments made to any party with respect to either
of them. Further, the parties hereto agree to forbear from making any public or non-confidential statement with respect to the
any claim or complain against either party without the mutual consent of each of them, to be given in advance of any such statement.

 

5.
Anti-Dilution. The Company agrees to not issue equity capital for consideration less than fair market value, or otherwise
issue equity capital that would have the effect of diluting Director’s ownership position in the Company in a manner that
is not implemented pro-rata with respect all stockholders. Issuance of stock options or other equity grants to employees or consultants,
shares issued in connection with acquisitions approved by the Board of Directors, and shares issued for consideration at fair
market value shall not be considered dilutive.

 

    	 	 	 

    	 

    

 

6.
Cooperation. In the event of any claim or litigation against the Company and/or Director based upon any alleged conduct,
acts or omissions of Director during the tenure of Director as an officer of the Company, whether known or unknown, threatened
or not as of the time of this writing, the Company will cooperate with Director and provide to Director such information and documents
as are necessary and reasonably requested by Director or his counsel, subject to restrictions imposed by federal or state securities
laws or court order or injunction. The Company shall cooperate in all respects to ensure that Director has access all available
insurance coverage and shall do nothing to damage Director’s status as an insured and shall provide all necessary information
for Director to make or tender any claim under applicable coverage.

 

7.
Board of Directors Status of Director. Director’s membership on the Company’s Board of Directors shall not
be disturbed for at least the greater of any period of time: (a) specified in any other agreement or contract defining Director’s
role as a member of the Board of Directors, (b) a period of one year from the date hereof, or (c) so long as Director owns, directly
or indirectly, at least 10% of the issued or outstanding equity stock in the Company. Membership on the Board shall require adherence
to board member conduct policies adopted by the board and enforced equally upon all directors.

 

Director
may voluntarily resign his position on the Board of Directors at any time and without penalty or liability of any kind.

 

8.
Confidentiality. Subject to exceptions mutually agreed upon by the parties to this Agreement in advance and in writing,
the terms and conditions of this Agreement shall remain confidential and protected from disclosure except as required by law in
connection with any registration or filing, in relation to a lawful subpoena, or as may be necessary for purposes of disclosure
to accountants, financial advisors or other experts, who shall be made aware of and agree to be bound by the confidentiality provisions
hereof.

 

9.
Governing Law. This Agreement shall be governed by the law of the State of Delaware. In the event of any dispute regarding
the performance or terms hereof, the prevailing party in any litigation shall be entitled to an award of reasonable attorneys’
fees and costs of suit, together with any other relief awarded hereunder or in accordance with governing law.

 

In
witness whereof, the parties hereto enter into this Agreement as of the date first set forth above.

 

	THE
    COMPANY:	 	DIRECTOR:
	 	 	 
	/s/
    Jimmy Wayne Anderson	 	/s/
                                         Jimmy Wayne Anderson

	Name:
    Jimmy Wayne Anderson	 	Jimmy
    Wayne Anderson
	Title:
    PresidentNEITHER
THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”) OR ANY STATE SECURITIES LAWS AND NEITHER THIS NOTE NOR ANY INTEREST THEREIN NOR THE SECURITIES INTO WHICH
THIS NOTE IS CONVERTIBLE MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER SUCH ACT AND SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.

 

CONVERTIBLE
PROMISSORY NOTE

 

	Principal
    Amount: $15,750.00	Issue
    Date: January 24, 2018
		Maturity
    Date: January 24, 2019

 

For
good and valuable consideration, Global Technologies, Ltd., a Delaware corporation (“Maker”), hereby
makes and delivers this Promissory Note (this “Note”) in favor of Tri-Bridge Ventures LLC, or its assigns
(“Holder”), and hereby agrees as follows:

 

ARTICLE
I.

PRINCIPAL
AND INTEREST

 

Section
1.1 For value received, Maker promises to pay to Holder at such place as Holder or its assigns may designate in writing,
in currently available funds of the United States, the principal Amount of Fifteen Thousand Seven Hundred Fifty Dollars ($15,750.00).
Maker’s obligation under this Note shall accrue interest at the rate of Ten percent (10.0%) per annum from the date
hereof until paid in full. Interest shall be computed on the basis of a 365-day year or 366-day year, as applicable, and actual
days lapsed. Accrual of interest shall commence on the first business day to occur after the Issue Date and continue until payment
in full of the Principal Amount has been made or duly provided for.

 

Section
1.2

 

a.
All payments shall be applied first to interest, then to principal and shall be credited to the Maker’s account on the date
that such payment is physically received by the Holder.

 

b.
All principal and accrued interest then outstanding shall be due and payable by the Maker to the Holder on or before January
24, 2019 (the “Maturity Date”).

 

c.
Maker shall prepay all or part of the principal and interest of the Note with the following penalties:

 

	PREPAY
    DATE	 	PREPAY
    AMOUNT
	≤
    30 days	 	118%
    of principal plus accrued interest
	31-
    60 days 	 	124%
    of principal plus accrued interest
	61-90
    days 	 	130%
    of principal plus accrued interest
	91-120
    days 	 	136%
    of principal plus accrued interest
	121-150
    days 	 	142%
    of principal plus accrued interest
	151-180
    days	 	148%
    of principal plus accrued interest

 

    	 	1	 

     

    

 

This
Note may not be prepaid after the 180th day. Such redemption must be closed and funded within 3 days of giving notice
of redemption of the right to redeem shall be null and void.

 

d.
This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to
preemptive rights or other similar rights of shareholders of the Maker and will not impose personal liability upon the holder
thereof.

 

Section
1.3 This Note is issued solely for value received, paid by Holder to Maker by wire (“Consideration”). The Principal
Amount due to Holder shall be prorated based on the consideration actually paid by Holder to Maker, such that the Maker is only
required to repay the amount of consideration and the Maker is not required to repay any unfunded portion of this Note.

 

ARTICLE
II.

CONVERSION
RIGHTS; CONVERSION PRICE

 

Section
2.1  Conversion. The Holder or its assigns shall have the right, from
time to time, commencing on the Issuance Date of this Note, to convert any part of the outstanding interest or Principal Amount
of this Note into fully paid and non-assessable shares of Common Stock of the Maker (the “Notice Shares”) at the Conversion
Price determined as provided herein. Promptly after delivery to Maker of a Notice of Conversion of Convertible Note in the forms
attached hereto as Exhibit 1, or any other form provided by the Holder, properly completed and duly executed by the Holder
or its assigns (a “Conversion Notice”), the Maker shall issue and deliver to or upon the order of the Holder that
number of shares of Common Stock for the that portion of this Note to be converted as shall be determined in accordance herewith.

 

No
fraction of a share or scrip representing a fraction of a share will be issued on conversion, but the number of shares issuable
shall be rounded to the nearest whole share. The date on which Notice of Conversion is given (the “Conversion Date”)
shall be deemed to be the date on which the Holder faxes, mails or emails the Notice of Conversion duly executed to the Maker.
Certificates representing Common Stock upon conversion will be delivered to the Holder within two (2) trading days from the date
the Notice of Conversion is delivered to the Maker. Delivery of shares upon conversion shall be made to the address specified
by the Holder or its assigns in the Notice of Conversion.

 

Section
2.2. Conversion Price. Upon any conversion of this Note, the Conversion Price shall be equal to Fifty Percent (50%) of the
lowest Trading Price (defined below) during the Valuation Period (defined below), and the Conversion Amount shall be the amount
of principal or interest electively converted in the Conversion Notice. The total number of shares due under any conversion notice
(“Notice Shares”) will be equal to the Conversion Amount divided by the Conversion Price.

 

    	 	2	 

     

    

 

On
the date that a Conversion Notice is delivered to Holder, the Company shall deliver an estimated number of shares (“Estimated
Shares”) to Holder’s brokerage account equal to the Conversion Amount divided by 50% of the Market Price. “Market
Price” shall mean the lowest of the daily Trading Price for the Common Stock during the twenty (20) Trading Day period ending
on the latest complete Trading Day prior to the Conversion Date.

 

The
“Valuation Period” shall mean twenty (20) Trading Days, commencing on the first Trading Day following delivery and
clearing of the Notice Shares in Holder’s brokerage account, as reported by Holder (“Valuation Start Date”).
If at any time, one or multiple times, during the Valuation Period the number of Estimated Shares delivered to Holder is less
than the Notice Shares, the company must immediately deliver enough shares equal to the difference. A Conversion Amount will not
be considered fully converted until the end of the Valuation Period for that Conversion Amount.

 

“Trading
Price” means, for any security as of any date, any trading price on the OTC Bulletin Board, or other applicable trading
market (the “OTCBB”) as reported by a reliable reporting service (“Reporting Service”) mutually acceptable
to Maker and Holder (i.e. Bloomberg) or, if the OTCBB is not the principal trading market for such security, the price of such
security on the principal securities exchange or trading market where such security is listed or traded. “Trading Day”
shall mean any day on which the Common Stock is tradable for any period on the OTCBB, or on the principal securities exchange
or other securities market on which the Common Stock is then being traded.

 

Section
2.3. Reorganization, Reclassification, Merger, Consolidation or Disposition of Assets. In case the Maker shall reorganize
its capital, reclassify its capital stock, consolidate or merge with or into another corporation (where the Maker is not the surviving
corporation or where there is a change in or distribution with respect to the Common Stock of the Maker), or sell, transfer or
otherwise dispose of all or substantially all its property, assets or business to another corporation and, pursuant to the terms
of such reorganization, reclassification, merger, consolidation or disposition of assets, shares of common stock of the successor
or acquiring corporation, or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants
or other subscription or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation
(“Other Property”), are to be received by or distributed to the holders of Common Stock of the Maker, then Holder
shall have the right thereafter to receive, upon conversion of this Note, the number of shares of common stock of the successor
or acquiring corporation or of the Maker, if it is the surviving corporation, and Other Property receivable upon or as a result
of such reorganization, reclassification, merger, consolidation or disposition of assets by a holder of the number of shares of
Common Stock into which this Note is convertible immediately prior to such event. In case of any such reorganization, reclassification,
merger, consolidation or disposition of assets, the successor or acquiring corporation (if other than the Maker) shall expressly
asAmounte the due and punctual observance and performance of each and every covenant and condition of this Note to be performed
and observed by the Maker and all the obligations and liabilities hereunder, subject to such modifications as may be deemed appropriate
(as determined in good faith by resolution of the Board of Directors of the Maker) in order to provide for adjustments of the
number of shares of common stock into which this Note is convertible which shall be as nearly equivalent as practicable to the
adjustments provided for in this Section 2.3(a). For purposes of this Section 2.3(a), “common stock of the successor or
acquiring corporation” shall include stock of such corporation of any class which is not preferred as to dividends or assets
over any other class of stock of such corporation and which is not subject to redemption and shall also include any evidences
of indebtedness, shares of stock or other securities which are convertible into or exchangeable for any such stock, either immediately
or upon the arrival of a specified date or the happening of a specified event and any warrants or other rights to subscribe for
or purchase any such stock. The foregoing provisions of this Section 2.3(a) shall similarly apply to successive reorganizations,
reclassifications, mergers, consolidations or disposition of assets.

 

    	 	3	 

     

    

 

Section
2.4. Restrictions on Securities. This Note has been issued by the Maker pursuant to the exemption from registration
under the Securities Act of 1933, as amended (the “Act”). None of this Note or the shares of Common Stock issuable
upon conversion of this Note may be offered, sold or otherwise transferred unless (i) they first shall have been registered under
the Act and applicable state securities laws or (ii) the Maker shall have been furnished with an opinion of legal counsel (in
form, substance and scope reasonably acceptable to Maker) to the effect that such sale or transfer is exempt from the registration
requirements of the Act. Each certificate for shares of Common Stock issuable upon conversion of this Note that have not been
so registered and that have not been sold pursuant to an exemption that permits removal of the applicable legend, shall bear a
legend substantially in the following form, as appropriate:

 

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”). THE SECURITIES
REPRESENTED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED UNLESS THEY ARE REGISTERED UNDER THE ACT AND APPLICABLE STATE
SECURITIES LAWS, OR SUCH OFFERS, SALES AND TRANSFERS ARE MADE PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS
OF THOSE LAWS.

 

Upon
the request of a holder of a certificate representing any shares of Common Stock issuable upon conversion of this Note, the Maker
shall remove the foregoing legend from the certificate or issue to such Holder a new certificate free of any transfer legend,
if (a) with such request, the Maker shall have received an opinion of counsel, reasonably satisfactory to the Maker in form, substance
and scope, to the effect that any such legend may be removed from such certificate or (b) a registration statement under the Act
covering such securities is in effect.

 

Section
2.5. Reservation of Common Stock.

 

(a)
The Maker covenants that during the period the Note is outstanding, it will reserve from its authorized and unissued Common Stock
a sufficient number of shares to provide for the issuance of Common Stock of the Maker upon the Conversion of the Note. The Maker
further covenants that its issuance of this Note shall constitute full authority to its officers who are charged with the duty
of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock of the Maker issuable
upon the conversion of this Note. The Maker will take all such reasonable action as may be necessary to assure that such shares
of Common Stock may be issued as provided herein without violation of any applicable law or regulation, or of any requirements
of the OTC Bulletin Board (or such other principal market upon which the Common Stock of the Maker may be listed or quoted).

 

    	 	4	 

     

    

 

(b)
The Maker shall not by any action, including, without limitation, amending its certificate of incorporation or through any reorganization,
transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek
to avoid the observance or performance of any of the terms of this Note, but will at all times in good faith assist in the carrying
out of all such terms and in the taking of all such actions as may be necessary or appropriate to protect the rights of Holder
against impairment. Without limiting the generality of the foregoing, the Maker will (a) not increase the par value of any shares
of Common Stock issuable upon the conversion of this Note above the amount payable therefor upon such conversion immediately prior
to such increase in par value, (b) take all such action as may be necessary or appropriate in order that the Maker may validly
and legally issue fully paid and nonassessable shares of Common Stock upon the conversion of this Note, and (c) use its best efforts
to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof as may be
necessary to enable the Maker to perform its obligations under this Note.

 

(c)
Upon the request of Holder, the Maker will at any time during the period this Note is outstanding acknowledge in writing, in form
reasonably satisfactory to Holder, the continuing validity of this Note and the obligations of the Maker hereunder.

 

(d)
Before taking any action which would cause an adjustment reducing the current Conversion Price below the then par value, if any,
of the shares of Common Stock issuable upon conversion of the Notes, the Maker shall take any corporate action which may be necessary
in order that the Maker may validly and legally issue fully paid and non-assessable shares of such Common Stock at such adjusted
Conversion Price.

 

(e)
Before taking any action which would result in an adjustment in the number of shares of Common Stock into which this Note is convertible
or in the Conversion Price, the Maker shall obtain all such authorizations or exemptions thereof, or consents thereto, as may
be necessary from any public regulatory body or bodies having jurisdiction thereof.

 

(f)
If at any time the Maker does not have a sufficient number of authorized and available shares of Common Stock for issuance upon
conversion of the Note, then the Maker shall call and hold a special meeting of its stockholders within forty-five (45) days of
that time for the sole purpose of increasing the number of authorized shares of Common Stock.

 

Section
2.6.  Maximum Conversion.

 

The
Holder shall not be entitled to convert on a Conversion Date that amount of the Notes in connection with that number of shares
of Common Stock which would be in excess of the Amount of (i) the number of shares of Common Stock beneficially owned by the Holder
and its affiliates on Conversation Date, and (ii) the number of shares of Common Stock issuable upon the conversion of the Notes
with respect to which the determination of this provision is being made on a Conversion Date, which would result in beneficial
ownership by the Holder and its Affiliates of more than 9.99% of the outstanding shares of Common Stock of the Company on such
Conversion Date. For the purposes of the provision to the immediately preceding sentence, beneficial ownership shall be determined
in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.

 

    	 	5	 

     

    

 

ARTICLE
III.

REPRESENTATIONS
AND WARRANTIES

 

Section
3.1. The Holder represents and warrants to the Maker:

 

(a)
The Holder of this Note, by acceptance hereof, agrees that this Note is being acquired for investment and that such Holder will
not offer, sell or otherwise dispose of this Note or the Common Stock issuable upon conversion hereof except under circumstances
that will not result in a violation of the Act or any application state securities laws or similar laws relating to the sale of
securities;

 

(b)
That Holder understands that none of this Note or the Common Stock issuable upon conversion hereof have been registered under
the Securities Act of 1933, as amended (the “Act”), in reliance upon the exemptions from the registration provisions
of the Act and any continued reliance on such exemption is predicated on the representations of the Holder set forth herein;

 

(c)
Holder (i) has adequate means of providing for his current needs and possible contingencies, (ii) has no need for liquidity in
this investment, (iii) is able to bear the substantial economic risks of an investment in this Note for an indefinite period,
(iv) at the present time, can afford a complete loss of such investment, and (v) does not have an overall commitment to investments
which are not readily marketable that is disproportionate to Holder’s net worth, and Holder’s investment in this Note
will not cause such overall commitment to become excessive;

 

(d)
Holder is an “accredited investor” (as defined in Regulation D promulgated under the Act) and the Holder’s
total investment in this Note does not exceed 10% of the Holder’s net worth; and

 

(e)
Holder recognizes that an investment in the Maker involves significant risks and only investors who can afford the loss of their
entire investment should consider investing in the Maker and this Note.

 

    	 	6	 

     

    

 

Section
3.2 The Maker represents and warrants to Holder:

 

(a)
Organization and Qualification. The Maker and each of its Subsidiaries (as defined below), if any, is a corporation duly
organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, with full power
and authority (corporate and other) to own, lease, use and operate its properties and to carry on its business as and where now
owned, leased, used, operated and conducted. The Maker and each of its Subsidiaries is duly qualified as a foreign corporation
to do business and is in good standing in every jurisdiction in which its ownership or use of property or the nature of the business
conducted by it makes such qualification necessary except where the failure to be so qualified or in good standing would not have
a Material Adverse Effect. “Material Adverse Effect” means any material adverse effect on the business, operations,
assets, financial condition or prospects of the Maker or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated
hereby or by the agreements or instruments to be entered into in connection herewith. “Subsidiaries” means any corporation
or other organization, whether incorporated or unincorporated, in which the Maker owns, directly or indirectly, any equity or
other ownership interest.

 

(b)
Authorization; Enforcement. (i) The Maker has all requisite corporate power and authority to enter into and perform this
Note and to consummate the transactions contemplated hereby and thereby and to issue the Common Stock, in accordance with the
terms hereof, (ii) the execution and delivery of this Note by the Maker and the consummation by it of the transactions contemplated
hereby and thereby (including without limitation, the issuance of the Note and the issuance and reservation for issuance of the
Common Stock issuable upon conversion or exercise hereof) have been duly authorized by the Maker’s Board of Directors and
no further consent or authorization of the Maker, its Board of Directors, or its shareholders is required, (iii) this Note has
been duly executed and delivered by the Maker by its authorized representative, and such authorized representative is the true
and official representative with authority to sign this Note and the other documents executed in connection herewith and bind
the Maker accordingly, and (iv) this Note constitutes, a legal, valid and binding obligation of the Maker enforceable against
the Maker in accordance with its terms.

 

(c)
Issuance of Shares. The Notice Shares are duly authorized and reserved for issuance and, upon conversion of the Note in
accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims
and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders
of the Maker and will not impose personal liability upon the holder thereof.

 

(d)
Acknowledgment of Dilution. The Maker understands and acknowledges the potentially dilutive effect to the Common Stock
upon the issuance of the Notice Shares upon conversion of this Note. The Maker further acknowledges that its obligation to issue
Notice Shares upon conversion of this Note is absolute and unconditional regardless of the dilutive effect that such issuance
may have on the ownership interests of other shareholders of the Maker.

 

(e)
Acknowledgement of Current Financial Statements. The Maker acknowledges that during the existence of this Note, it will
not be late or delinquent in filing its financial statements with the requisite reporting bodies.

 

    	 	7	 

     

    

 

ARTICLE
IV.

EVENTS
OF DEFAULT

 

Section
4.1. Default. The following events shall be defaults under this Note: (“Events of Default”):

 

(a)
default in the due and punctual payment of all or any part of any payment of interest or the Principal Amount as and when such
amount or such part thereof shall become due and payable hereunder; or

 

(b)
failure on the part of the Maker duly to observe or perform in all material respects any of the covenants or agreements on the
part of the Maker contained herein (other than those covered by clause (a) above) for a period of 5 business days after the date
on which written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding
that the Maker remedy the same, shall have been given by the Holder by registered or certified mail, return receipt requested,
to the Maker; or

 

(c)
any representation, warranty or statement of fact made by the Maker herein when made or deemed to have been made, false or misleading
in any material respect; provided, however, that such failure shall not result in an Event of Default to the extent
it is corrected by the Maker within a period of 5 business days after the date on which written notice specifying such failure,
stating that such notice is a “Notice of Default” hereunder and demanding that the Maker remedy same, shall have been
given by the Holder by registered or certified mail, return receipt requested; or

 

(d)
any of the following actions by the Maker pursuant to or within the meaning title 11, U.S. Code or any similar federal or state
law for the relief of debtors (collectively, the “Bankruptcy Law”): (A) commencement of a voluntary case or proceeding,
(B) consent to the entry of an order for relief against it in an involuntary case or proceeding, (C) consents to the appointment
of a receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law (each, a “Custodian”), of
it or for all or substantially all of its property, (D) a general assignment for the benefit of its creditors, or (E) admission
in writing its inability to pay its debts as the same become due; or

 

(e)
entry by a court of competent jurisdiction of an order or decree under any Bankruptcy Law that: (A) is for relief against the
Maker in an involuntary case, (B) appoints a Custodian of the Maker or for all or substantially all of the property of the Maker,
or (C) orders the liquidation of the Maker, and such order or decree remains unstayed and in effect for 60 days.

 

Section
4.2. Remedies Upon Default. Upon the occurrence of an event of default by Maker under this Note or at any time before
default when the Holder reasonably feels insecure, then, in addition to all other rights and remedies at law or in equity, Holder
may exercise any one or more of the following rights and remedies:

 

    	 	8	 

     

    

 

a.
Accelerate the time for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such
amounts shall be immediately due and payable.

 

b.
The Conversion Price shall be equal to $0.00001, and not subject to reverse stock splits of the Maker’s common stock.

 

c.
Pursue any other rights or remedies available to Holder at law or in equity.

 

d.
The Holder shall receive Liquidated Damages of $500 per day per Event of Default the Maker is in Default pursuant to this Note.

 

Section
4.3. Payment of Costs. The Maker shall reimburse the Holder, on demand, for any and all reasonable costs and expenses,
including reasonable attorneys’ fees and disbursement and court costs, incurred by the Holder in collecting or otherwise
enforcing this Note or in attempting to collect or enforce this Note.

 

Section
4.4. Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. No right or remedy herein conferred upon
or reserved to the Holder is intended to be exclusive of any other right or remedy available to Holder under applicable law, and
every such right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy
given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy
hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No
delay or omission of the Holder to exercise any right or power accruing upon any Default occurring and continuing as aforesaid
shall impair any such right or power or shall be construed to be a waiver of any such Default or an acquiescence therein; and
every power and remedy given by this Note or by law may be exercised from time to time, and as often as shall be deemed expedient,
by the Holder.

 

Section
4.5. Waiver of Past Defaults. The Holder may waive any past default or Event of Default hereunder and its consequences
but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

 

Section
4.6. Waiver of Presentment etc. The Maker hereby waives presentment, demand, notice, protest and all other demands
and notices in connection with the delivery, acceptance, performance and enforcement of this Note, except as specifically provided
herein.

 

ARTICLE
V.

MISCELLANEOUS

 

Section
5.1. Notices. Any notice herein required or permitted to be given shall be in writing and may be personally served
or delivered by courier or sent by United States mail and shall be deemed to have been given upon receipt if personally served
(which shall include telephone line facsimile transmission) or sent by courier or three (3) days after being deposited in the
United States mail, certified, with postage pre-paid and properly addressed, if sent by mail. For the purposes hereof, the address
of the Holder shall be 450 7th Ave, Suite 608, New York, NY 10123; and the address of the Maker shall be 244 2nd Ave
N., Suite 9, St. Petersburg, FL 33701. Both the Holder or its assigns and the Maker may change the address for service by delivery
of written notice to the other as herein provided.

 

    	 	9	 

     

    

 

Section
5.2. Amendment. This Note and any provision hereof may be amended only by an instrument in writing signed by the Maker
and the Holder.

 

Section
5.3. Assignability. This Note shall be binding upon the Maker and its successors and assigns and shall inure to be
the benefit of the Holder and its successors and assigns; provided, however, that so long as no Event of Default has occurred,
this Note shall only be transferable in whole subject to the restrictions contained in the restrictive legend on the first page
of this Note.

 

Section
5.4. Governing Law. This Note shall be governed by the internal laws of the State of New York, without regard to conflicts
of laws principles.

 

Section
5.5. Replacement of Note. The Maker covenants that upon receipt by the Maker of evidence reasonably satisfactory to
it of the loss, theft, destruction or mutilation of this Note, and in case of loss, theft or destruction, of indemnity or security
reasonably satisfactory to it (which shall not include the posting of any bond), and upon surrender and cancellation of such Note,
if mutilated, the Maker will make and deliver a new Note of like tenor.

 

Section
5.6. This Note shall not entitle the Holder to any of the rights of a stockholder of the Maker, including without limitation,
the right to vote, to receive dividends and other distributions, or to receive any notice of, or to attend, meetings of stockholder
or any other proceedings of the Maker, unless and to the extent converted into shares of Common Stock in accordance with the terms
hereof.

 

Section
5.7. Severability. In case any provision of this Note is held by a court of competent jurisdiction to be excessive
in scope or otherwise invalid or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is
enforceable to the maximum extent possible, and the validity and enforceability of the remaining provisions of this Note will
not in any way be affected or impaired thereby.

 

Section
5.8. Headings. The headings of the sections of this Note are inserted for convenience only and do not affect the meaning
of such section.

 

Section
5.9. Counterparts. This Note may be executed in multiple counterparts, each of which shall be an original, but all
of which shall be deemed to constitute one instrument.

 

[Signature
Page to Follow]

 

    	 	10	 

     

    

 

IN
WITNESS WHEREOF, with the intent to be legally bound hereby, the Maker as executed this Note as of the date first written above.

 

	Global
    Technologies, Ltd.	 
	 	 
	 	/s/
    Jimmy Wayne Anderson	 
	By:	Jimmy
    Wayne Anderson	 
	Its:	CEO	 

 

Acknowledged
and Agreed:

 

	Tri-Bridge
    Ventures LLC.	 
	 	 
	 	/s/
    John Forsythe	 
	By:	John
    Forsythe III	 
	Its:	Partner	 

 

    	 	11	 

     

    

 

EXHIBIT
1

 

CONVERSION
NOTICE

 

 

(To
be executed by the Holder in order to Convert the Note)

 

TO:

 

The
undersigned hereby irrevocably elects to convert US$ ________ of the Principal Amount of the above Note into Shares of Common
Stock of Global Technologies, Ltd., according to the conditions stated therein, as of the Conversion Date written below. If shares
are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with
respect thereto and is delivering herewith such certificates and opinions as reasonably requested by the Maker in accordance therewith.
No fee will be charged to the Holder for any conversion, except for such transfer taxes, if any.

 

Conversion
Date:_____________________________________________

 

Applicable
Conversion Price: $____________

 

	Signature:		 
	 	 	 
	Name:		 
	 	 	 
	Address:		 
	 	 	 
	 	 	 
	 	 	 
	Tax
    I.D. or Soc. Sec. No:		 

 

Principal
Amount to be converted:

US$___________________________________________

 

Amount
of Note unconverted:

US$___________________________________________

 

Number
of shares of Common Stock to be issued: _______________________

 

    	 	12	 

     

    

 

Insert
Checks / Proof of Wire Here

 

    	 	13	 

     

    

 

CORPORATE
RESOLUTION OF THE

BOARD
OF DIRECTORS OF Global Technologies, Ltd.

 

We,
the undersigned, do hereby certify that at a meeting of the Board of Directors of Global Technologies, Ltd., a Delaware corporation
organized under the laws of the State of Delaware (the “Corporation”), duly held on January 24, 2018 at the offices
of the Corporation, which said meeting no less than two directors were present and voting throughout, the following resolution,
upon motions made, seconded and carried, was duly adopted and is now in full force and effect:

 

WHEREAS,
the Board of Directors of the Corporation deem it in the best interests of the Corporation to enter into the Convertible Promissory
Note dated January 24, 2018 (the “Note”), in the aggregate principal amounts of (the “Note”), convertible
into shares of common stock, par value $0.0001 per share, of the Company (the “Common Stock”), upon the terms and
subject to the limitations and conditions set forth in such Note, along with an irrevocable letter agreement with Pacific Stock
Transfer Co. the Corporation’s transfer agent, with respect to the reserve of shares of common stock of the Corporation
to be issued upon any conversion of the Note; the issuance of such shares of common stock in connection with a conversion of the
Note; and the indemnification of Pacific Stock Transfer Co. for all loss, liability, or expense in carrying out the authority
and direction contained in the irrevocable letter agreement (the “Letter Agreement”);

 

NOW,
THEREFORE, BE IT:

 

RESOLVED,
that the Corporation is hereby authorized to enter into the Agreement, the Note and the Letter Agreement which provides in pertinent
part: (i) reserve shares of common stock of the Corporation to be issued upon any conversion of the Note; (ii) issue such shares
of common stock in connection with a conversion of the Note (issuance upon receipt of a notice of conversion of the holder of
the Note) without any further action or confirmation by the Corporation; (iii) hereby authorizes the issuance of such number of
shares as will be necessary to fully convert the note under its terms, including issuances subsequent to the initial conversion
and/or those due under Section 2.2 of the Note, and any such shares shall be considered fully paid and non-assessable at the time
of their issuance and (iv) the Corporation indemnifies Pacific Stock Transfer Co., liability, or expense in carrying out the authority
and direction contained in the Letter Agreement:

 

RESOLVED,
that any executive officer of the Corporation be, and hereby is, authorized, empowered and directed, from time to time, to take
such additional action and to execute, certify and deliver to the transfer agent of the Corporation, as any appropriate or proper
to implement the provisions of the foregoing resolutions:

 

The
undersigned, do hereby certify that we are members of the Board of Directors of the Corporation; that the attached is a true and
correct copy of resolutions duly adopted and ratified at a meeting of the Board of Directors of the Corporation duly convened
and held in accordance with its by-laws and the laws of the State of Delaware, as transcribed by us from the minutes; and that
the same have not in any way been modified, repealed or rescinded and are in full force and effect.

 

IN
WITNESS WHEREOF, We have hereunto set our hands as CEO and Members of the Board of Directors of the Corporation.

 

Dated:
________________

Members
of the Board:

 

	 	 	 
	Title:	 	Title:
	 	 	 
	 	 	 
	Title:	 	Title:

 

    	 	14	 

     

    

 

Global
Technologies, Ltd.

 

Pacific
Stock Transfer

6725
Via Austi Pkwy, Ste 300

Las
Vegas, NV 89119

 

Transfer
Agent:

 

Global
Technologies, Ltd. a Delaware Corporation (the “Company”) and Tri-Bridge Ventures LLC (the “Investor”)
have entered into a Securities Purchase Agreement dated as of January 24, 2018 (the “Agreement”) providing for the
issuance of the 10% Convertible Promissory Note in the principal amount of $15,750.00. A copy of the Note is attached hereto.

 

A
copy of the Note is attached hereto. You should familiarize yourself with your issuance and delivery obligations, as Transfer
Agent, contained herein. The shares to be issued are to be registered in the name of the registered holder of the securities submitted
for conversion or exercise.

 

You
are hereby irrevocably authorized and instructed to reserve 2,000,000,000 shares of common stock (“Common Stock”)
of the Company for issuance upon full conversion of the Note. The amount of Common Stock so reserved may be increased, from time
to time, by written instructions of the Company and the Investor so long as there are sufficient authorized and unissued shares
of the company not otherwise reserved available to do so.

 

So
long as you have previously received confirmation from the Company (or Investor’s counsel) that the shares have been registered
under the 1933 Act or otherwise may be sold pursuant to Rule 144 without any restriction, and the Company or its counsel or Investor’s
counsel provides an opinion of counsel to that effect that is satisfactory to the transfer agent, other documentation that may
reasonably be requested, and the number of shares to be issued are less than 4.99% of the total issued and outstanding common
stock of the Company, such shares should be transferred in certificated form without any legend which would restrict the transfer
of the shares, and you should remove all stop-transfer instructions relating to such shares (such shares shall be issued from
the reserve, but in the event there are insufficient reserve shares of Common Stock to accommodate a Conversion Notice your firm
and the Company agree that the Conversion Notice should be completed using authorized but unissued shares of Common Stock that
the Company has in its treasury that are not otherwise reserved). Until such time as you are advised by Investor or Company counsel
as above that the shares have been registered under the 1933 Act or otherwise may be sold pursuant to Rule 144 without any restriction,
you are hereby instructed to place the following legend on the certificates:

 

THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THE SECURITIES
MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER SAID ACT,
OR AN OPINION OF COUNSEL IN FORM, SUBSTANCE AND SCOPE CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION
IS NOT REQUIRED OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT.

 

    	 	15	 

     

    

 

The
Company hereby requests that your firm act promptly, without unreasonable delay and without the need for any action or confirmation
by the Company with respect to the issuance of Common Stock pursuant to any Conversion Notices received from the Investor. Additionally,
upon request from the Investor, without delay and without the need for any action or confirmation by the Company, your firm is
to provide the Investor with the complete share structure of the Company, including but not limited to, the number of shares issued
and outstanding, the number of authorized shares, details of share reserves, and the public float.

 

The
Company shall indemnify you and your officers, directors, principals, partners, agents and representatives, and hold each of them
harmless from and against any and all loss, liability, damage, claim or expense (including the reasonable fees and disbursements
of its attorneys) incurred by or asserted against you or any of them arising out of or in connection with the instructions set
forth herein, the performance of your duties hereunder and otherwise in respect hereof, including the costs and expenses of defending
yourself or themselves against any claim or liability hereunder, including claims that may be asserted by the Company, except
that the Company shall not be liable hereunder as to matters in respect of which it is determined that you have acted with gross
negligence or in bad faith. You shall have no liability to the Company in respect to any action taken or any failure to act in
respect of this if such action was taken or omitted to be taken in good faith, and you shall be entitled to rely in this regard
on the advice of counsel.

 

The
Board of Directors of the Company has approved the foregoing (irrevocable instructions) and does hereby extend the Company’s
irrevocable agreement to indemnify your firm for all loss, liability or expense in carrying out the authority and direction herein
contained on the terms herein set forth.

 

All
processing fees will be expected and payable upon receipt of the request from the presenter of such request. The Investor and
the Company understand and agree that the current cost of processing such a conversion is estimated to be between $205 and $275
which does not include RUSH fees. The Company and Investor understand and agree that Pacific Stock Transfer’s fee schedule
is subject to change and the Investor and the Company agree to pay the full amount of any such conversion according to the Pacific
Stock Transfer fee schedule then in force. Pacific Stock Transfer shall not be obligated to process any request until and unless
its fees are paid.

 

The
Company agrees that the Transfer Agent may resign as the Company’s transfer agent. In that event, or in the event that the
company terminates the Transfer Agent, the Transfer Agent reserves the right to and may complete any issuance or transfer requests
then pending. The Company shall engage a suitable replacement transfer agent that will agree to serve as transfer agent for the
Company and be bound by the terms and conditions of these Irrevocable Instructions within five (5) business days.

 

The
Company hereby authorizes the issuance of such number of shares as will be necessary to fully convert the note under its terms
and any such shares shall be considered fully paid and non-assessable at the time of their issuance. The Company and the Investor
agree that the Transfer Agent will be notified in writing by the Company and the Investor when the note has been fully converted
and if there are any remaining shares in the reservation that are to be released and returned to the Company’s Authorized
shares. The Company has executed and delivered to PST a Board of Director’s Resolution, Minutes of the Meeting or Secretary’s
Certificate indicating such and Pacific Stock Transfer entered into this agreement in material reliance on such documentation.

 

    	 	16	 

     

    

 

The
Investor and Company expressly understand and agree that nothing in this Irrevocable Transfer Instruction Agreement shall require
or be construed in any way to require the transfer agent, in its sole discretion as the Transfer Agent, to do, take or not do
or take any action that would be contrary to any Federal or State law, rule, or regulation including but expressly not limited
to both the Securities Act of 1933 and the Securities and Exchange Act of 1934 as amended and the rules and regulations promulgated
there under by the Securities and Exchange Commission.

 

The
Transfer Agent is not responsible for determining the accuracy of any conversion notice and may rely on any instructions presented
to it consistent with this letter.

 

The
Investor is intended to be and are third party beneficiaries hereof, and no amendment or modification to the instructions set
forth herein may be made without the consent of the Investor.

 

	 	 	Very
        truly yours,

        Global
        Technologies, Ltd.

	 	 	 
	Acknowledged and Agreed:

                                                                                Pacific
    Stock Transfer
	 	 
	

                                                                     
	 	Jimmy
        Wayne Anderson

        CEO

        

	By:	 	 	 
	 	Joslyn
    G. Claiborne	 	 
	 	Director,
    Global Operations Center	 	Tri-Bridge
    Ventures LLC
	 	Pacific
    Stock Transfer Company	 	 
	 	 	 	 
	 	 	 	John
        Forsythe III

        Partner

 

    	 	17

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