Document:

Exhibit 10.03

PROMISSORY NOTE

 

 

 

	$150,000 	San Diego, California

 

September 15th, 2009

 

 

ADDENDUM

 

 

September 14th, 2013

 

 

Moeller hereby agrees to
extend the payable date to September 15th, 2014

 

IN WITNESS WHEREOF, Moeller has executed and delivered this Note
Addendum as of September 14th, 2013.

 

 

 

/s/ Sean Goodchild

Capital Art, Inc.

By: Sean Goodchild

Its: CEO

 

 

ACCEPTED AND AGREED TO:

 

 

/s/ Klaus Moeller

Klaus MoellerExhibit 10.04

 

MEMBERSHIP INTEREST PURCHASE AGREEMENT

 

 

THIS
MEMBERSHIP INTEREST PURCHASE AGREEMENT (which together with the attached exhibits, are referred
to herein as (the "Agreement"), is entered into this 25th day of April 2011, by and between Gleeworks Incorporated,
a Delaware corporation (the "Company"), and the Members of Capital Art, LLC a California corporation with company registration
number 03510128 ("CAL”) who agree to become parties to this Agreement ("Selling Members") listed in Exhibit
B as evidenced by their signatures in Exhibit C hereto.

 

WHEREAS, the Selling Members
wish to sell and the Company desires to purchase One Hundred Percent (100%) of the Membership Interests of Capital Art, LLC . (the
"CAL Interests"), as defined herein, in exchange for Seven Million, Five Hundred Thousand (7,500,000) shares of the Company's
common stock as defined herein (the "Acquisition Shares"), upon the terms and
conditions set forth in this Agreement.

 

NOW, THEREFORE, in consideration
of and in reliance on the mutual promises and representations and warranties contained in this Agreement, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Selling Members and the Company agree
as follows:

 

1.Definitions

 

1.1"Associate"
means with respect to any person, (i) any member of the immediate family of such person, (ii) any entity of which such person,
or any member of the immediate family of such person, directly or indirectly, owns any equity interest, (iii) any entity of which
such person, or any member of the immediate family of such person, serves as a director or executive officer, and (iv) any entity
that directly or indirectly controls, or that is directly or indirectly controlled by or under common control with, such person
or any member of the immediate family of such person.

 

1.2"Company Disclosure
Documents" means the Company Financials (as defined herein), material agreements and corporate documents, and other information
related to the Company material to its operations including but not limited to the Company Financials as listed in Exhibit A to
this Agreement and any and all interim data or filings through the date hereof to be provided by the Company pursuant to this Agreement.

 

1.3"Liabilities"
means liabilities, obligations, or commitments of any nature, absolute, accrued, contingent, or otherwise, known or unknown, whether
matured or unmatured.

 

1.4"CAL Interests"
means all the Membership Interests of Capital Art, LLC., a US corporation, comprising of Forty (40) Members having One Hundred
Percent (100%) of the right, title and interests in Capital Art, LLC.; provided however that unless the holders of more than eighty
percent (80%) of the CAL Interests become parties to this Agreement then it shall automatically terminate notwithstanding any terms
contained herein to the contrary.

 

1.5"CAL
Disclosure Documents" means the Capital Art, LLC . Financials (as defined in Section
5.4 herein) and the disclosure documents listed in Exhibit A to this Agreement.

 

1.6“CAL Financials”
means the Capital Art, LLC. Financials (as defined in Section 5.4 herein).

 

1.7"CAL Assets"
means assets (excluding the books and records of the Selling Members), properties, leases, contracts, agreements, and rights of
Capital Art, LLC. of every type and description, real, personal, and mixed, tangible and intangible, including without limitation,
all cash on hand and in banks, trade accounts receivable, other accounts receivable, deposits, prepaid items, furniture and fixtures,
office equipment and supplies, real property and improvements, leases and leasehold improvements, trademarks, other tangible properties,
and its business as an ongoing concern, goodwill and proprietary computer software and systems, as contained in the CAL Financials
and more fully described in Exhibit A hereto.

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1.8"Person"
means any individual, corporation, professional corporation, limited partnership, association or any other legal entity through
which an individual or business might organize himself or itself.

 

1.9"Subsidiary"
means any corporation, joint venture or entity which is partly or wholly owned by either the Company or CAL as the context permits.

 

1.10"Tax"
or "Taxes" mean any federal, state, local, or foreign income, gross receipts, profits, franchise, doing business, transfer,
sales, use, payroll, occupation, real or personal property, excise and similar taxes (including interest, penalties, or additions
to such taxes).

 

1.11"Tax Returns"
or "Tax Reports" mean all returns, reports, estimates, information returns and statements of any nature with respect
to Taxes.

 

2.Purchase and Sale of CAL Interests

 

2.1Purchase and
Sale. Upon the terms and subject to the conditions of this Agreement, on the Closing Date, as defined in Paragraph 3.1, the
Selling Members listed in Exhibit B agree to sell and transfer the CAL Interests to the Company and the Company agrees to purchase
the CAL Interests for the Purchase Price and other consideration set forth in this Agreement.

 

2.2Purchase Price.
In exchange for the CAL Interests, the Company shall issue the Acquisition Shares, in denominations and in the names of such Selling
Members as defined in Exhibit B.

 

3.Closing

 

3.1Date and Place.
The closing of the delivery and transfer of the CAL Interests (the "Closing") shall occur on a date ("Closing Date")
to be mutually agreed upon by the Selling Members and the Company after exchange of all books, records, financial information,
documents and other materials reasonably deemed necessary for completion of the transaction contemplated under this Agreement.
Exchange of documents under this Agreement shall begin as soon as possible after execution. In any case, the Closing Date shall
be no later than 30 days from date of this agreement, unless otherwise agreed upon by the parties, and the effective date of this
transaction shall be the date of Closing (the "Effective Date").

 

3.2Transactions
and Document Exchange at Closing.  At the Closing, the following transactions shall occur and documents shall be exchanged,
all of which shall be deemed to occur simultaneously.

 

3.3By the Selling
Members. If requested, the Selling Members will deliver, or cause to be delivered to the extent such documentation and information
exists, to the Company:

 

3.4The documents necessary
to transfer the CAL Interests to the Company pursuant to this Agreement, in proper form and substance reasonably acceptable to
the Company; and,

 

3.5The
Certificate of Representations and Warranties executed by the President of CAL, as defined
in Paragraph 7.1; and, 

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3.6The information
as set forth in Paragraph 7.6; and,

 

3.7Such other documents,
instruments, and/or certificates, if any, as are required to be delivered pursuant to the provisions of this Agreement, or which
are reasonably determined by the parties to be required to effectuate the transactions contemplated in this Agreement, or as otherwise
may be reasonably requested by the Company to further the intent of this Agreement; and,

 

3.8Financial statements
of CAL dated as of its most recent year end prior to the Closing Date covering all operations since the inception of CAL. The Selling
Members shall also deliver or cause to be delivered all books and records of CAL to the extent available and necessary to perform
an audit of its books as of its most recent month end prior to the Closing Date in accordance with Regulation S-X, which books
and records shall present fairly the financial condition and results of operations of CAL since the date of its audited financial
statements, in accordance with generally accepted accounting principles applied on a basis consistent with prior accounting period;
and,

 

3.9Any federal and
state income payroll tax and sales tax returns filed by CAL and all correspondence related thereto.

 

3.10By the Company.
If requested in writing, the Company will deliver, or cause the following to be delivered to the extent such documentation and
information exists, to the Selling Members;

 

3.11The Acquisition
Shares, as calculated according to Paragraph 2.2;

 

3.12Stock certificate(s)
in the name of the Selling Members of the Company's Common Stock and a Certificate of Representations and Warranties, as defined
in Paragraph 6.1;

 

3.13The opinion of
counsel as set forth in Paragraph 6.4;

 

3.14Such other documents,
instruments, and/or certificates, if any, as are required to be delivered pursuant to the provisions of this Agreement, or which
are reasonably determined by the parties to be required to effectuate the transactions contemplated in this Agreement, or as otherwise
may be reasonably requested by the Selling Members in furtherance of the intent of this Agreement.

 

3.16Post-Closing Documents.
From time to time after the Closing, upon the reasonable request of any party, the party to whom the request is made shall deliver
such other and further documents, instruments, and/or certificates as may be necessary to more fully vest in the requesting party
the consideration provided for in this Agreement or to enable the requesting party to obtain the rights and benefits contemplated
by this Agreement, including but not limited to delivery of records of all books and records of CAL since inception.

 

4.Representations
and Warranties of the Company

 

The Company represents and warrants to the
Selling Members that:

 

4.1Organization
and Authority. The Company is incorporated in Delaware with the corporate power and authority to carry on its business as now
being conducted. The execution and delivery of this Agreement and the consummation of the transactions contemplated in this Agreement
have been, or will be prior to Closing, duly authorized by all requisite corporate actions on the part of the Company. This Agreement
has been duly executed and delivered by the Company and constitutes the valid, binding and enforceable obligation of the Company.

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4.2Ability to Carry
Out Agreement. To the best of the Company's knowledge and belief, the execution and performance of this Agreement will not
violate, or result in a breach of, or constitute a default in, any provisions of applicable law, any agreement, instrument, judgment,
order or decree to which the Company is a party or to which the Company is subject. No consents of any persons under any contract
or agreement required to be disclosed pursuant to this Agreement are required for the execution, delivery and performance by the
Company of this Agreement.

 

4.3The Shares. 
The Shares to be issued pursuant to this Agreement will be issued at Closing, free and clear of liens, claims and encumbrances,
subject to a One (1) Year Restriction and the Company has all necessary right and power to issue the Shares to the Selling Members
as provided in this Agreement without the consent or approval of any person, firm, corporation or governmental authority.

 

4.4 Capitalization of
the Company. As of April 25th, 2011, the authorized capital of the Company is comprised of Four Hundred and Fifty Million (450,000,000)
shares of $.0001 par value common stock (the “Common Stock”) and Fifty Million (50,000,000) preferred shares, of which
Seven Million and Fifty Two Thousand, One Hundred and Seventy Two (7,052,172) shares of Common Stock are issued and outstanding,
and none of the shares of the Preferred shares are issued and outstanding.

 

At Closing, the Company
will have approximately Fourteen Million, Five Hundred and Fifty Two Thousand, One Hundred and Seventy Two (14,552,172) shares
of Common Stock issued and outstanding. Except as set forth herein and on, Exhibit A, at Closing the Company will not have any
other derivative securities issued and outstanding or subject to any issuance at future date pursuant to any contract or agreement
now in force and effect, including but not limited to options, warrants, convertible securities, or other rights, or any instrument,
exchangeable or exercisable for or convertible into securities of the Company.

 

4.5Financial Information.
The Selling Members have had access to and received copies of the Company's Annual Reports (included in the attached Exhibit A
and styled as the "Company Disclosure Documents"). The Company has no obligations or liabilities (whether accrued, absolute,
contingent, liquidated or otherwise which are not fully disclosed and adequately provided for in the Company Financials, excepting
liabilities incurred and obligations under agreements entered into in the usual and ordinary course of business since the date
of the Company Financials ("Subsequent Debt"), none of which (individually or in the aggregate) are material except as
may be identified on Exhibit A attached hereto. Except as indicated in the Company Disclosure Documents, there exists no default
under the provisions of any instrument evidencing such indebtedness or of any agreement relating thereto.

 

4.6Litigation. 
To the best knowledge and belief of the Company, except as disclosed pursuant to this Agreement and the attached Exhibit A, there
is neither pending nor threatened, any action, suit or arbitration to which its property, assets or business is or is likely to
be subject and in which an unfavorable outcome, ruling or finding will or is likely to have a material adverse effect on the condition,
financial or otherwise, or properties, assets, business or operations, which would create a material liability on the part of the
Company, or which would conflict with this Agreement or any action taken or to be taken in connection with it.

 

4.7Contracts.
Except as described in the Company Disclosure Documents (Exhibit A hereto), there are no contracts, actual or contingent obligations,
agreements, franchises, license agreements or other commitments between the Company or other third parties which are material to
the business, financial condition or results of operation of the Company, taken as a whole. For purposes of the preceding sentence,
the term "material" refers to any obligation or liability which by its terms calls for aggregate payments of more than
Ten Thousand Dollars ($10,000).

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4.8Material Contract
Breaches; Defaults.  Except as described in Exhibit A hereto, to the best of the Company's knowledge and belief, except as
disclosed in the Company Disclosure Documents, it has not materially breached, nor has it any knowledge of any pending or threatened
claims or any legal basis for a claim that it has materially breached, any of the terms or conditions of any agreements, contracts
or commitments to which it is a party or is bound and which might give rise to a claim by anyone against the Acquisition Shares.
Except as described in Exhibit A to the best of its knowledge and belief except as disclosed herein or in the Company Disclosure
Documents, the Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease
or other commitment which might give rise to a claim against the Acquisition Shares, and there is no event of default or other
event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract,
agreement, lease, or other commitment which might give rise to a claim against the Acquisition Shares in respect of which the Company
has not taken adequate steps to prevent such a default from occurring.

 

4.9Securities Laws.
The Company is not a public company and represents that, except as disclosed herein or in the Company Disclosure Documents, the
Company does not have any existing or threatened liabilities, claims, lawsuits, or basis for the same with respect to its original
stock issuance to its founders, its initial public offering, any other issuance of stock, or any dealings with its stockholders,
the public, the brokerage community, the SEC, any state regulatory agencies, or other persons. The Company is currently exempt
from filing periodic reports under Section 12(g) of the '34 Act.

 

THE SHARES HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT
(1) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT; (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER
THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE); OR (3) PURSUANT TO ANOTHER EXEMPTION AVAILABLE UNDER THE SECURITIES
ACT, IN EACH CASE, IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND OTHER JURISDICTIONS.

 

4.10Brokers.
The Company has not agreed to pay any brokerage fees, finders' fees or other fees or commissions with respect to the transactions
contemplated in this Agreement which could give rise to a claim against the Acquisition Shares or any portion thereof. The Company
further agrees to indemnify and hold harmless the Selling Members against liability to any other broker claiming to act on behalf
of the Company.

 

4.11Corporate Records.
Copies of all corporate books and records, including, but not limited to, any other documents and records of the Company relating
to the business of its shareholders and directors to the extent the Company has such, will be provided to CAL at Closing at the
written request of CAL. All such records and documents are and will be complete, true and correct.

 

4.12Approvals.
Except as otherwise provided in this Agreement, no authorization, consent, or approval of, or registration or filing with, any
governmental authority or any other person is required to be obtained or made by the Company in connection with the execution,
delivery or performance of this Agreement.

 

4.13Full Disclosure.
The information concerning the Company, set forth in this Agreement and in the Company Disclosure Documents, is, to the best of
the Company's knowledge and belief, complete and accurate in all material respects and does not contain any untrue statement of
a material fact or omit to state a material fact required to make the statements made, in light of the circumstances under which
they were made, not misleading.

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		5.	Representations and Warranties of the Selling Members

 

To the best of their knowledge and belief and
save as Disclosed in the CAL Disclosure Documents the Selling Members represent and warrant to the Company that:

 

5.1Organization
and Authority. CAL is a corporation duly organized, validly existing and in good standing under the laws of California with
the power and authority to carry on its business as now being conducted. The execution and delivery of this Agreement and the consummation
of the transactions contemplated in this Agreement have been, or will be prior to Closing, duly authorized by all requisite action
on the part of CAL as required, or otherwise, to the extent, if any, that such authorizations are necessary. This Agreement has
been duly executed and delivered by CAL and constitutes the valid, binding, and enforceable obligation of CAL, subject to equitable
principles and laws of bankruptcy and similar laws.

 

5.2Ability to Carry
out Agreement. The execution and performance of this Agreement will not violate, or result in a breach of, or constitute a
default in, any provisions of applicable law, any agreement, instrument, judgment, order or decree to which CAL is a party or to
which CAL is subject, other than such violations, breaches, or defaults which, singly or in the aggregate, do not have a material
adverse effect on its business as a whole or on the enforceability or validity of this Agreement. No consents of any persons under
any contract or agreement required to be disclosed or disclosed pursuant to this Agreement are required for the execution, delivery,
and performance by the Selling Members of this Agreement.

 

5.3Capitalization:
Title to Units. As of the date of execution of this Agreement, the CAL Interests, expressed by a total of Fifteen Million (15,000,000)
Units, are One Hundred percent (100%) held by the Selling Members in the amounts opposite their names on Exhibit B hereto. Other
than the Selling Members, CAL does not have any New or proposed Members and only the Selling Members defined herein on Exhibit
B are party to this agreement.

 

5.4Financial Information.
The Selling Members have provided to the Company, or if requested, will provide prior to Closing, financial statements of CAL for
all fiscal years ended since the inception of CAL and reports for such interim periods ending since the latest fiscal year ended,
and such other documents and information relating to CAL's current financial condition including but not limited to its purchase,
operation and disposition, if any, of any CAL assets and liabilities. Such financial statements and other financial information
shall be referred to as the "CAL Financials". If not audited, the Selling Members represent that all financial statements
and reports included in the CAL Financials have been prepared from the books and records of CAL (subject to normal year-end adjustments)
and present fairly the financial condition of CAL and the results of its operations for the periods therein specified, all in accordance
with generally accepted accounting principles applied on a basis consistent with prior accounting periods. Except as set forth
in the CAL Financials, CAL has no obligations or liabilities (whether accrued, absolute, contingent, liquidated or otherwise, including
without limitation any tax liabilities due or to become due) which are not fully disclosed and adequately provided for, excepting
current liabilities incurred and obligations under agreements entered into in the usual and ordinary course of business since the
date hereof, none of which (individually or in the aggregate) are material.

 

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5.5Conduct of Business.
Since inception, except as disclosed in the CAL Disclosure Documents, CAL has not (i) discharged or satisfied any liens other than
those securing, or paid any obligation or liability other than, current liabilities shown on the CAL Financials and current liabilities
incurred since the date of the CAL Financials, in each case in the usual or ordinary course of business, (ii) mortgaged, pledged
or subjected to lien any of its tangible or intangible assets (other than purchase money liens incurred in the ordinary course
of business for such assets not yet paid for), (iii) sold, transferred or leased any of its assets except in the usual and ordinary
course of business, (iv) canceled or compromised any material debt or claim, or waived or released any right of material value,
(v) suffered any physical damage, destruction or loss (whether or not covered by insurance) materially adversely affecting its
properties, business or prospects, (vi) entered into any transaction other than in the usual and ordinary course of business, except
as contemplated by this Agreement, (vii) encountered any labor difficulties or labor union organizing activities, (viii) made or
agreed to any wage or salary increase or entered into any employment agreement, (ix) issued or sold any securities or granted any
options with respect thereto, except as disclosed pursuant to this Agreement, (x) amended its Articles of Organization, (xi) agreed
to declare or pay any distributions with respect to its Selling Members, or (xii) suffered or experienced any change in, or condition
affecting, the condition (financial or otherwise) of its properties, assets, liabilities, business, operations or prospects, other
than changes, events or conditions in the ordinary course of its business none of which has (individually or in the aggregate)
been materially adverse, except as disclosed in the CAL Disclosure Documents.

 

5.6Litigation.
To the best knowledge and belief of CAL, except as disclosed in the CAL Disclosure Documents, there is neither pending nor threatened,
any action, suit or arbitration to which CAL's property, assets or business is or is likely to be subject and in which an unfavorable
outcome, ruling or finding will or is likely to have a material adverse effect on the condition, financial or otherwise, or properties,
assets, business or operations of CAL, or create any material liability on the part of CAL or conflict with this Agreement or any
action taken or to be taken in connection herewith.

 

5.7Contracts and
Options. Except as disclosed in the CAL Disclosure Documents, there are no contracts, actual or contingent obligations, agreements,
franchises, license agreements, or other commitments to which CAL is a party or by which it or any of its properties or assets
are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding
sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments
of more than Ten Thousand Dollars ($10,000).

 

5.8Material Contract
Breaches; Defaults. Except as disclosed herein or in the CAL Disclosure Documents, to the best of the knowledge and belief
of the Selling Members, CAL has not materially breached, nor have they any knowledge of any pending or threatened claims or any
legal basis for a claim that CAL has materially breached, any of the terms or conditions of any agreements, contracts, or commitments
to which it is a party or is bound and which are material to the business, financial condition, or results of CAL’s operations,
taken as a whole. Except as disclosed by the CAL Disclosure Documents or as reserved for therein, to the best of their knowledge
and belief, neither the Selling Members nor CAL are in default in any material respect under the terms of any outstanding contract,
agreement, lease, or other commitment which is material to the business, operations, properties, assets, or condition of CAL, and
there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material
respect under any such contract, agreement, lease or other commitment in respect of which CAL has not taken adequate steps to prevent
such a default from occurring.

 

5.9Selling Members.
Exhibit B hereto accurately sets forth the identity of the Selling Members and their relationship with CAL, and the names and titles
of the persons serving as directors and officers of a Selling Shareholder, if any such Selling Shareholder is a corporation.

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5.10Employee and
Labor Matters. The CAL Disclosure Documents accurately set forth the names, positions, and annual salary of each person employed
by CAL, including officers, whose annual salary including bonuses exceed Ten Thousand Dollars ($10,000). Except as disclosed in
the CAL Disclosure Documents, CAL has no employment agreement that cannot be canceled on a thirty (30) day notice or collective
bargaining agreement covering any of its employees and has encountered no material labor difficulties. The CAL Disclosure Documents
also set forth a complete and accurate list of all employee benefit plans, including all profit sharing, bonus, pension or similar
plans to which CAL is a party or by which CAL is bound. If requested, the Selling Members will deliver or cause to be delivered
to the Company prior to Closing, complete and correct copies of all the agreements, plans, or other written materials identified
in the CAL Disclosure Documents. There is no existing default by CAL under any of the agreements, plans, or arrangements identified
in the CAL Disclosure Documents, and there exists no condition or circumstance which, with notice or lapse of time or both, would
constitute such a default. Except as disclosed in the CAL Disclosure Documents, there is no pending or threatened labor dispute,
strike, slowdown, or work stoppage, no unfair labor practice pending against CAL before the National Labor Relations Board, CAL
is not engaged in any unfair labor practice, and there is no grievance or arbitration proceeding pending against, or threatened
to be asserted or commenced against CAL under any collective bargaining agreement or other labor contract. All Taxes relating to
CAL which it is required by law to withhold or collect have been duly withheld or collected and have been timely paid over to the
proper authorities to the extent due and payable.

 

5.11Real Properties.
Except as disclosed pursuant to this Agreement, CAL has full legal and beneficial title to all of the real properties owned by
it, including without limitation those reflected in the CAL Disclosure Documents, free and clear of any liens or encumbrances except
for current local property taxes not yet payable and any utility or other easements that do not and will not affect operations
upon or about such real properties or the economic value or marketability thereof.

 

5.12Other Properties
and Equipment. Except as disclosed pursuant to this Agreement, CAL has good title, subject to no security interests, liens,
encumbrances, or claims of others, to all structures, facilities, machinery and equipment, supplies, raw materials, vehicles, tools,
parts, office equipment, furniture, furnishings, and all items of personal property and equipment in, at, on or about such real
properties owned or leased by it, or used or necessary in its operations or business, including without limitation those reflected
in the CAL Disclosure Documents. Each in it’s “as is, where is” actual state and condition at Closing.

 

5.13Trademarks.
CAL does not own or use any trademark, service mark, trade name, copyright or patent, or any registration or application for registration
of any of the foregoing. Further, to the best of CAL's knowledge and belief, and that of the Selling Members, CAL has not infringed
on and is not infringing upon any trademark, service mark, trade name, copyright or patent that is owned or used by any other person.

 

5.14Leaseholds and
Executory Contracts. Except as disclosed pursuant to this Agreement, each and every lease or executory contract to which CAL
is a party is valid and enforceable. CAL has not received any notice of default by it under the terms of any such lease or executory
contract which default remains uncured, and it is not in material breach or default by them under the terms of any such lease or
executory contract, except as disclosed on the CAL Disclosure Documents.

 

5.15Investments.
CAL has provided, or if requested will provide to the Company, prior to Closing, a complete and accurate description of the CAL
Assets, including but not limited to a list of all investments of CAL, which accurately sets forth the nature of CAL's interest
or ownership in each investment and, if applicable, the jurisdictions in which the respective investments have been incorporated,
organized, and are currently doing business. Except for the entities identified on the list to be provided to the Company, there
is no corporation, limited partnership, joint venture, association, trust, or other entity or organization which CAL directly or
indirectly controls or in which CAL directly or indirectly owns any equity interest or any other interest.

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5.16Permits.
Except as disclosed pursuant to this Agreement, CAL has obtained and maintains in full force and effect all franchises, permits,
certificates, authorizations, licenses and other similar authority required by law or governmental regulations from all applicable
federal, state or local authorities and any other regulatory authorities, which are necessary for the conduct of its business as
now being conducted by it and as planned to be conducted, and it is not in default or noncompliance in any material respect under
any of such franchises, permits, certificates, authorizations, licenses or other similar authority.

 

5.17Compliance with
Laws, Rules, Etc. The capitalization, business and operations of CAL is and has been conducted in compliance with all applicable
federal, state, and local laws, rules and regulations, and it is not in violation of any terms of any mortgage, indenture, contract,
agreement, instrument, judgment, decree, order, statute, rule or regulation to which it is subject, except to the extent any violation
or noncompliance would not materially and adversely affect its business, operations, properties, assets, or financial condition,
except to the extent that any violation or noncompliance would not result in the incurring of any material liability. Further,
CAL has not been notified by any regulatory or governmental authority that it is now in violation of any law, rule, regulation,
ordinance or order.

 

5.18Conflict of
Interest Transactions. Except as disclosed in the CAL Disclosure Documents, no past or present Member or employee of CAL, or
any affiliate, and no Associate of any past or present shareholder or employee of CAL or any affiliate, (i) is indebted to, or
has any financial, business, or contractual relationship or arrangement with CAL or any affiliate, (ii) has any direct or indirect
interest in any property, asset, or right which is owned or used by CAL or any affiliate or (iii) has been directly or indirectly
involved in any transaction with CAL or any affiliate.

 

5.19Corporate Records.
If requested, copies of all corporate books and records, including but not limited to the Operating Agreement, and any other documents
and records of CAL will be provided to the Company at Closing. All such records and documents are complete, true and correct in
all material respects.

 

5.20Brokers.
CAL has not agreed to pay any brokerage fees, finders' fees or other fees or commissions with respect to the transactions contemplated
in this Agreement which could give rise to a claim against the Acquisition Shares or any portion thereof. CAL further agrees to
indemnify and hold harmless the other parties to this Agreement against liability to any other broker claiming to act on behalf
of CAL.

 

5.21Approvals. 
Except as otherwise provided in this Agreement, to the best knowledge and belief of the Selling Members, no authorization, consent,
or approval of, or registration or filing with, any governmental authority or any other person is required to be obtained or made
by the Selling Members or CAL in connection with the execution, delivery, or performance of this Agreement.

 

5.22Full Disclosure.
The information concerning CAL set forth in this Agreement, in the CAL Disclosure Documents, and in the CAL Financials is, to the
best of the Selling Members' knowledge and belief, complete and accurate in all material respects and does not contain any untrue
statement of a material fact or omit to state a material fact required to make the statements made, in light of the circumstances
under which they were made, not misleading.

 

5.23Date of Representations
and Warranties.  Each of the representations and warranties of the Selling Members set forth in this Agreement are joint and
several, and are true and correct at and as of the Closing Date, with the same force and effect as though made at and as of the
Closing Date, except for changes permitted or contemplated by this Agreement.

    	Page 9
                                                                                                                                                                                               of 23

    	 

    

 

6.Conditions Precedent to Obligations
of the Selling Members

 

All obligations of the
Selling Members under this Agreement are subject to the fulfillment, prior to or as of the Closing Date, of each of the following
conditions:

 

6.1Representations
and Warranties. The representations and warranties by the Company set forth in this Agreement shall be true and correct at
and as of the Closing Date, with the same force and effect as though made at and as of the Closing Date, except for changes permitted
or contemplated by this Agreement. If requested, the Company shall deliver on the Closing Date a certificate to this effect, referred
to as the Company Certificate of Representations and Warranties.

 

6.2 No Breach or
Default. The Company shall have performed and complied with all covenants, agreements, and conditions required by this Agreement
to be performed or complied with by it prior to or at the Closing.

 

6.3Company Disclosure
Documents. If requested before Closing, the Company will have delivered to the Selling Members, or caused the delivery of the
Company Disclosure Documents.

 

6.4Opinion of Counsel.
If requested in writing, the Company shall have delivered to the Selling Members an opinion of counsel dated the Closing Date to
the effect that:

 

The Company is duly organized,
validly existing, and in good standing under the laws of the United States, State of Delaware.

 

The Company has the corporate
power to conduct its business as set forth in its Articles of Incorporation, as amended, and to carry on its business as now being
conducted.

 

All corporate actions and
director approvals have been properly obtained and completed by the Company, to the extent, if any, that they are necessary, for
all actions required under this Agreement prior to Closing.

 

This Agreement has been
duly authorized, executed, and delivered by the Company and is a valid and binding obligation of the Company and, in this regard,
the Company shall provide the Selling Members at Closing with a certified copy of the resolution or resolutions of the Board of
Directors of the Company, approving and authorizing the issuance by the Company of the Shares upon the terms and conditions herein
set forth.

 

7.Conditions Precedent to Obligations
of the Company

 

All obligations of the
Company under this Agreement are subject to the fulfillment, prior to or as of the Closing Date, of each of the following conditions:

 

7.1Representations
and Warranties. The representations and warranties executed by the Members of CAL, and documents signed by the Selling Members
pursuant to this Agreement, shall be true and correct at and as of the Closing Date, with the same force and effect as though made
at and as of the Closing Date, except for changes permitted or contemplated by this Agreement. The Selling Members shall cause
to be delivered on the Closing Date the certificate to this effect, referred to in this Agreement as the Certificate of Representations
and Warranties executed by the Members of CAL.

    	Page 10
                                                                                                                                                                                               of 23

    	 

    

 

7.2No Breach or
Default. The Selling Members shall have performed and complied with all covenants, agreements and conditions required by this
Agreement to be performed or complied with by them prior to or at the Closing.

 

7.3Action to Transfer
CAL Interests. The Selling Members shall have taken all action necessary to deliver and execute all necessary documentation
required by the Company’s to transfer the CAL Interests to the Company pursuant to this Agreement.

 

In this regard, the Operating
Agreement and Members Vote of the CAL Interests shall contain with all requisite documentary stamps, if any, affixed, as shall
be required or as may be appropriate in order effectively to vest in the Company good, title to the CAL Interests free and clear
of all liens, mortgages, conditional sales and other title retention agreements, pledges, assessments, covenants, restrictions,
reservations, easements and all other encumbrances of every nature.

 

In addition to the Operating
Agreement and Members Vote and delivery of the CAL Interests, the Selling Members shall have taken all action necessary to deliver
all of CAL's corporate books and records, including but not limited to its files, documents, papers, agreements, formulas, books
of account and records pertaining to its business, and evidence of compliance with the California statutory and related regulatory
rules and regulations with respect to its Membership Interests, if reasonably required and requested by the Company's counsel.

 

7.4CAL Financials.
Before Closing, the Selling Members will have delivered all CAL Disclosure Documents, including but not limited to the CAL Financials,
to the Company. The CAL Disclosure Documents shall specifically include income statements related to the operations of CAL’s
business interests up to and including the end of April 2011; 04/30 and as updated through the date of Closing.

 

7.5Approval of Other
Instruments and Documents by the Company. All instruments and documents delivered to the Company pursuant to the provisions
of this Agreement shall be reasonably satisfactory to the Company and its legal counsel.

 

7.6Opinions, Affidavits
and Declarations by the Selling Members. The Selling Members shall have delivered to the Company evidence reasonably satisfactory
to the Company, and their counsel and auditors, dated as at the Closing Date, that:

 

CAL is duly organized,
validly existing, and in good standing under the laws of the state of California and that the CAL Interests are free and clear
of any and all liens, encumbrances or contingent liabilities except as disclosed pursuant to this Agreement.

 

CAL has the corporate power
to carry on its business as now being conducted and is duly qualified to do business in he California and in any other jurisdiction
where required or where the non-qualification to do business would have a material adverse affect on the value of its business.

 

All actions and approvals
required in connection with the transfer of the CAL Interests to the Company have been properly taken, completed or obtained by
the Selling Members, to the extent, if any, that they are necessary.

    	Page 11
                                                                                                                                                                                               of 23

    	 

    

 

This Agreement has been
duly authorized, executed, and delivered by the Selling Members and is a valid and binding obligation of the Selling Members.

 

8.Covenants and Agreements of the Selling
Members

 

Up to and including the
Closing Date, the Selling Members covenant that:

 

8.1Access and Information.
After the execution of this Agreement, the Selling Members will cause CAL to permit the Company to have reasonable access to all
information necessary to verify the representations and warranties made herein. After the Closing, the Selling Members will cause
CAL to continue to permit the Company access to such additional documentation and information as is reasonably necessary to complete
the transactions contemplated under this Agreement.

 

8.2Conduct of Business
as Usual. Up until the Closing Date, the Selling Members shall insure that CAL's operations shall be conducted only in the
usual and ordinary course, and that no change will be made to such operations which might adversely effect the value of the CAL
Interests to be transferred to the Company.

 

8.3Best Efforts.
The Selling Members shall use their best efforts to fulfill all conditions of the Closing including the timely solicitation of
affirmative consent of all third parties necessary to effect a Closing under this Agreement.

 

8.4Assent to Sale
of CAL Interests. In the event the sale of CAL Interests is consummated, then each of the Selling Members agrees to such sale,
and waives surrenders and agrees not to exercise any rights which such Selling Members might have to purchase any CAL Interests
or have CAL redeem any CAL Interests.

 

9.Covenants and Agreements of the Company

 

Up to and including the
Closing Date, applicable to the period after Closing in accordance with its terms, the Company covenants that:

 

9.1Changes in the
Company Directors. The Company's Board of Directors currently consists of four (4) seats, three (3) of which are vacant. At
Closing, the Company agrees that one (1) vacant seat on the Company's Board may be filled by up to one (1) new director to be chosen
by the Selling Members. Neither the Company nor its Board shall recommend the election of any new outside director or other candidate
to fill a subsequently created seat on the Board unless such candidate has been approved by the CAL representatives, or the Board
or the Selling Members as a group, such consent not to be unreasonably withheld or delayed.

 

9.2Maintenance of
Capital Structure. Up until the Closing Date, or termination hereof, whichever is the earlier, except as disclosed herein or
required under the terms of this Agreement, no change shall be made in the Articles of Incorporation or Bylaws of the Company or
the authorized capital stock of the Company.

 

9.3Avoidance of
Distributions.  Up until the Closing Date, the Company shall not declare any dividends, make any payments or distributions
to its stockholders or purchase for cash or redeem any of its shares of capital stock.

 

9.4Conduct of Business
as Usual. Up until the Closing Date, the Company Shareholders shall conduct the Company’s operations only in the usual
and ordinary course, and no change will be made to such operations which might adversely affect the value of the Company.

    	Page 12
                                                                                                                                                                                               of 23

    	 

    

 

9.5Access and Information.
After the execution of this Agreement, the Company will permit the Selling Members to have reasonable access to all information
necessary to verify the representations and warranties of the Company. After the Closing, the Company will continue to permit the
Selling Members access to such additional documentation and information regarding the Company as is reasonably necessary to complete
the transactions contemplated under this Agreement.

 

9.6Best Efforts.
The Company shall use its best efforts to fulfill or obtain the fulfill- ment of all conditions of the Closing, including the timely
solicitation of affirmative consent of all third parties necessary to effect a Closing under this Agreement.

 

10.Termination

 

10.1Termination
without Cause. This Agreement may be terminated at any time prior to the Closing Date without cost or penalty to either party
by mutual consent of the Selling Members and the Company.

 

10.2Actions or Proceedings.
By the Selling Members or the Company (unless the action or proceeding referred to is caused by a breach or default on the part
of the Selling Members or the Company of any of their representations, warranties, or obligations under this Agreement) if there
shall be any actual or threatened action or proceeding by or before any court or any other governmental body which shall seek to
restrain, prohibit, or invalidate the transactions contemplated by this Agreement and which, in the judgment of the Selling Members
or the Company, made in

good faith and based upon the advice of legal
counsel, makes it inadvisable to proceed with the transactions contemplated by this Agreement.

 

10.3Less than 80%
of CAL Interests Participate. By the Company, if less than eighty percent (80%) of the Members of CAL's votes are tendered
to the Company at the Closing.

 

10.4Termination
with Cause. This Agreement may be terminated, with the terminating party to be reimbursed by the other party of all expenses
and costs related to this Agreement, if:

 

10.5Breach or Noncompliance
by the Selling Members. The Selling Members shall fail to comply in any material aspect with any of their representations,
warranties or obligations under this Agreement, or if any of the representations or warranties made by the Selling Members, or
any one of them, under this Agreement shall be inaccurate in any material respect which is not cured within ten (10) business days
of notice of such breach.

 

10.6Breach or Noncompliance
by the Company. The Company shall fail to comply in any material aspect with any of its representations, warranties or obligations
under this Agreement, or if any of the representations or warranties made by the Company under this Agreement shall be inaccurate
in any material respect and is not cured within ten (10) business days of notice of such breach.

 

11.Securities Registration; Disclosure

 

11.1Private Transaction.
The Selling Members understand that the Shares issued pursuant to this Agreement, have not been nor will they be registered under
the Act, but are issued pursuant to exemptions from registration including but not limited to Regulation D and Section 4(2) of
the Act, and the Company's reliance on such exemptions in issuing the Shares is predicated in part on the representations of the
Selling Members set forth herein and in the Investment Letter attached hereto as Exhibit D (the "Investment Letter"),
to be executed by each of the Selling Members and delivered to the Company at Closing.

    	Page 13
                                                                                                                                                                                               of 23

    	 

    

 

11.2Access to Information.
Each of the Selling Members represents that, by virtue of his, her or its respective economic bargaining power or otherwise, he/she/it
has had access to or has been furnished with, prior to or concurrently with Closing, the same kind of information that would be
available in a registration statement under the Act should registration of the Shares issued pursuant to this Agreement have been
necessary, and that he, she or it has had the opportunity to ask questions of and receive answers from the Company's officers and
directors, or any party acting on their behalf, concerning the business of the Company and that he, she or it has had the opportunity
to obtain any additional information, to the extent that the Company possesses such information or can acquire it without unreasonable
expense or effort, necessary to verify the accuracy of information obtained or furnished by the Company.

 

12.Indemnification

 

As provided herein, the
Selling Members and the Company shall each indemnify and hold harmless the other for one (1) year following the date of Closing
under this Agreement against and in respect of any liability, damage, or deficiency, all actions, suits, proceedings, demands,
assessments, judgments, costs and expenses resulting from any misrepresentations, breach of covenant or warranty, or from any
misrepresentation contained in any certificate furnished hereunder. In this regard, the Selling Members agree that the Company
is held harmless from and indemnified against any loss, damage, or expense resulting from the falsity or breach of any of the
representations, warranties, or agreements of the Selling Members contained herein under which the Shares hereunder are transferred
to the Selling Members. Likewise, the Company agrees that the Selling Members shall be held harmless from and indemnified against
any loss, damage, or expense resulting from the falsity or breach of any of the representations, warranties, or agreements of
the Company contained herein under which the Shares hereunder are transferred to the Selling Members. The Company's right of indemnification
shall be limited exclusively to the right of offset of any loss, damages and expenses incurred against sums due Selling Members
under the Shares.

 

13.Confidential Information

 

Notwithstanding any termination
of this Agreement, the Company, CAL and the Selling Members, and their representatives, agree to hold in confidence any information
not generally available to the public received by them from the Company, CAL or the Selling Members pursuant to the terms of this
Agreement. If this Agreement is terminated for any reason, the Company, CAL and the Selling Members and their representatives will
continue to hold such information as to CAL in confidence and will, to the extent requested by the Selling Members, promptly return
to them all written material and all copies or abstracts thereof furnished to the Company, CAL and the Selling Members pursuant
hereto. Notwithstanding any termination of this Agreement, the Selling Members and their representatives agree to hold in confidence
any information not generally available to the public received by them from the Company pursuant to the terms of this Agreement.
If this Agreement is terminated for any reason, the Selling Members and their representatives will continue to hold such information
in confidence and will, to the extent requested by the Company, promptly return to the Company all written material and all copies
or abstracts thereof given to them or their representatives pursuant thereto.

 

    	Page 14
                                                                                                                                                                                               of 23

    	 

    

 

14.Conditions Subsequent to Closing

 

In the event the Company
cannot deliver the Acquisition Shares to the CAL Shareholders at Closing, the parties to this Agreement shall proceed with the
Closing in which event the Company shall, as soon as legally permitted, cause to be delivered the Acquisition Shares to the CAL
Shareholders.

 

15.Miscellaneous Provisions

 

15.1Survival of
Representations and Warranties. All representations, warranties and covenants made by any party in this Agreement shall survive
the Closing hereunder and the consummation of the transactions contemplated hereby for three (3) years from the Closing Date. The
Selling Members and the Company are executing and carrying out the provisions of this Agreement in reliance on the representations,
warranties, and covenants and agreements contained in this Agreement or at the Closing of the transactions herein provided for
including any investigation upon which they might have made or any representations, warranty, agreement, promise or information,
written or oral, made by the other party or any other person other than as specifically set forth herein.

 

15.2Approval of
the Selling Members. The Company and the Selling Members understand that this Agreement requires approval and participation
by the Selling Members holding at least eighty percent (80%) of the CAL Interests, and thus that all rights and obligations hereunder
are subject to securing such approval. Each Selling Shareholder, by its execution hereof, hereby gives its consent to the transaction
contemplated by this Agreement. In the event that the requisite number of Selling Members shall fail to approve this Agreement,
then notwithstanding anything contained herein to the contrary, this Agreement shall be terminated without liability to either
the Selling Members or the Company.

 

15.3Costs and Expenses.
Each party has been represented by its own attorney(s) in this transaction and shall pay the fees of its own attorney(s), except
as may be expressly set forth herein to the contrary and its own costs and expenses.

 

15.4Further Assurances.
At any time and from time to time, after the Closing Date, each party will execute such additional instruments and take such action
as may be reasonably requested by the other party to confirm or perfect title to any property transferred hereunder or otherwise
to carry out the intent and purposes of this Agreement.

 

15.5Waiver.
Any failure of any party to this Agreement to comply with any of its obligations, agreements or conditions hereunder may be waived
in writing by the party to whom such compliance is owed. The failure of any party to this Agreement to enforce at any time any
of the provisions of this Agreement shall in no way be construed to be a waiver of any such provision or a waiver of the right
of such party thereafter to enforce each and every such provision. No waiver of any breach of or non-compliance with this Agreement
shall be held to be a waiver of any other or subsequent breach or non-compliance.

 

15.6Notices.
All notices and other communications hereunder shall either be in writing and shall be deemed to have been given if delivered in
person, sent by overnight delivery service or sent by facsimile transmission, to the parties hereto, or their designees, as follows:

 

 

	 	To
the Selling Members:	As
their names and addresses appear on the signature page hereto registered office is at

Capital Art, LLC.

6150 Washington
blvd

Culver City

California

90232

USA

 

 

    	Page 15
                                                                                                                                                                                               of 23

    	 

    

 

 

	 	To
the Company:	Gleeworks, Inc..

345 North Canon Drive

Beverley Hills

California

90210

USA

 

15.7Headings.
The paragraph and subparagraph headings in this Agreement are inserted for convenience only and shall not affect in any way
the meaning or interpretation of this Agreement.

 

15.8Counterparts.
This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.

 

15.9Governing Law.
This Agreement shall be governed by the laws of the State of Delaware.

 

15.10Binding Effect.
This Agreement shall be binding upon the parties hereto and inure to the benefit of the parties, their respective heirs, administrators,
executors, successors and assigns.

 

15.11Entire Agreement.
This Agreement contains the entire agreement between the parties hereto and supersedes any and all prior agreements, arrangements,
or understandings between the parties relating to the subject matter of this Agreement. No oral understandings, statements, promises,
or inducements contrary to the terms of this Agreement exist. No representations, warranties, covenants or conditions, express
or implied, other than as set forth herein, have been made by any party.

15.12Severability.
If any part of this Agreement is deemed to be unenforceable, the balance of the Agreement shall remain in full force and effect.

 

15.13Amendment.
This Agreement may be amended only by a written instrument executed by the parties or their respective successors or assigns.

 

15.14Facsimile Counterparts.
A facsimile, telecopy or other reproduction of this Agreement may be executed by one or more parties hereto and such executed copy
may be delivered by facsimile or similar instantaneous electronic transmission device pursuant to which the signature of or on
behalf of such party can be seen, and such execution and delivery shall be considered valid, binding and effective for all purposes.
At the request of any party hereto, all parties agree to execute an original of this Agreement as well as any facsimile, telecopy
or other reproduction hereof.

 

15.15Time is of
the Essence. Time is of the essence of this Agreement and of each and every provision hereof.

 

 

 

 

[Balance of page Intentionally Left Blank]

    	Page 16
                                                                                                                                                                                               of 23

    	 

    

IN WITNESS WHEREOF, the parties have executed
this Agreement the day and year first above written.

 

 

 

GLEEWORKS, INC. (the “Company”)

 

 By: /s/ Sean Goodchild

Sean Goodchild, CEO, Gleeworks,
Inc.

 

 

 

SELLING MEMBERS 

 

 

On behalf of Capital Art, LLC

 

 By: /s/ Norman Solomon

Norman Solomon, CEO, Capital
Art, LLC.

 

Individual or Joint Members each signed hereto
as Exhibit C

 

    	Page 17
                                                                                                                                                                                               of 23

    	 

    

EXHIBIT "A"

Disclosure documents to the

Membership Interest Purchase Agreement

Dated April 25th 2011

 

 

 

 

A1: COMPANY DISCLOSURE DOCUMENTS

 

A1.1 - Certificate of Incorporation

A1.2 - Bylaws

A1.3 - Stockholders Equity Statement

A1.4 - FYE 2010 Financial statement 

 

 

 

 

 

A2: CAL DISCLOSURE DOCUMENTS

 

A2.1 - Certificate of Organization

A2.2 - Operating Agreement

A2.3 - Member Vote

A2.4 - License Agreements

A2.5 - Financial Statements

A2.5.1Balance Sheet

A2.5.2Asset list

 

    	Page 18
                                                                                                                                                                                               of 23

    	 

    

EXHIBIT B

to the

Membership Interest Purchase Agreement

Dated April 25th 2011

 

Selling Members

 

	Name, Address and Relationship of Selling Members	Total CAL 

Units Held	1:2 INC

 SHARES
	
        Luis Fok

         
	54,500	27,250
	
        Bo Y and Kim Soo Kim

         
	10,000	5,000
	
        Daniel B Anguaino Living Trust

         
	30,000	15,000
	
        Dak K Shin and Hae J Shin

         
	10,000	5,000
	
        Myoung Ja Kim

         
	20,000	10,000
	
        Micheal Meeker and Jacqueline Meeker

         
	30,000	15,000
	
        John R. Meeker and Urusula Meeker

         
	14,000	7,000
	
        William A. Denny and Sharon G. Denny

         
	15,000	7,500
	
        Robert Englander trustee fbo Robert L. Englander trust

         
	5,000	2,500
	
        M. Pedote and D. Pedote ttees fbo Pedote family trust dtd 12/12/03

         
	5,000	2,500
	
        Daniel Edmundson

         
	30,000	15,000
	
        Leonardo Rastelli

         
	60,000	30,000
	
        Lorenzo Rastelli

         
	60,000	30,000
	
        Noeleen and Brendan Lynch

         
	100,000	50,000
	
        Paul Goodchild

         
	40,000	20,000
	
        M Goodchild

         
	60,000	30,000
	
        S M Towson

         
	60,000	30,000
	
        Sarah O'Donnell

         
	200,000	100,000
	
        Isabel Moeller

         
	70,000	35,000
	
        James Hurwitz

         
	30,000	15,000

 

    	Page 19
                                                                                                                                                                                               of 23

    	 

    

 

 

 

	Name, Address and Relationship of Selling Members	Total CAL 

Units Held	1:2 INC

 SHARES
	
        John Schnepf

         
	7,500	3,750
	
        Kathleen Dallas Orr

         
	5,000	2,500
	
        Kevin Mabbutt

         
	4,000	2,000
	
        Robert Bear

         
	80,000	40,000
	
        Norman Solomon

         
	3,960,000	1,980,000
	
        Gregory Amerson

         
	200,000	100,000
	
        Irina Hill

         
	100,000	50,000
	
        Ken Dunn

         
	120,000	60,000
	
        Neal Handel

         
	50,000	25,000
	
        Eileen Davidson

         
	50,000	25,000
	
        Micheal Gelardi

         
	50,000	25,000
	
        Kai Panholtzer

         
	40,000	20,000
	
        Alberto Giraldo

         
	120,000	60,000
	
        Cara Tompkins

         
	40,000	20,000
	
        David Steiner

         
	200,000	100,000
	
        Bill Cameron

         
	50,000	25,000
	
        Gerald Freeman

         
	20,000	10,000
	
        Sean Goodchild

         
	500,000	250,000
	
        Western Canon Ltd

         
	6,500,000	3,250,000
	
        Angel Consultants, Inc.

         
	2,000,000	1,000,000
	TOTAL	15,000,000	7,500,000
	EXCHANGE RATIO	2	1

 

 

    	Page 20
                                                                                                                                                                                               of 23

    	 

    

 

EXHIBIT C

 

to the

Membership Interest Purchase Agreement

Dated April 25th, 2011

 

Selling Member

 

IN WITNESS WHEREOF, the parties have executed
this Agreement the day and year first above written.

 

 

 

______________________________________

(Signature)

 

Name: _________________________________

 

Date: 25th of April 2011

 

 

 

 

______________________________________

(Signature)

 

Name: _________________________________

 

Date: 25th of April 2011

    	Page 21
                                                                                                                                                                                               of 23

    	 

    

 

EXHIBIT D

To the

Membership Interest Purchase Agreement

Dated April 25th 2011

 

Investment Letter

 

The Undersigned hereby represents to Gleeworks,
Incorporated (the “Company"):

 

(1)The
Seven Million, Five Hundred Thousand (7,500,000) shares of the Company common stock acquired by the undersigned on April
25th 2011 (the "Shares"), were acquired by the Undersigned, for the Undersigned's
own account and for investment. Upon receipt of the shares, the Undersigned may be deemed an affiliate of the Company and may be
required to file Schedule 13-D and Form 3 pursuant to the requirements of the Securities Exchange Act of 1934 (the "Act").

 

(2)The Undersigned
acknowledges that the Shares are being issued by the Company and in reliance on exemptions from registration, including but not
limited to Section 4(2) and 4(1) of the Security Act of 1933, as amended (the "Act") and applicable state securities
laws, and the Undersigned agrees not to sell, transfer or otherwise dispose of the Shares except in compliance with the Act and
applicable state securities laws. The representations and warranties by the Undersigned in this Investment Letter will be used
and relied upon by the Company to issue the Shares to the Undersigned pursuant to Section 4(2) of the Act and Regulation D thereunder,
and applicable state securities laws and the Undersigned will notify the Company immediately of any material changes to the representations
made herein.

 

(3)The Undersigned
acknowledges that it has been furnished with disclosure documents which it feels adequate and necessary to make an economic decision
to acquire the Shares, including but not limited to the Company's most recent Annual Report.

 

(4)The Undersigned
further acknowledges that it has had an opportunity to ask questions of and receive answers from duly designated representatives
of the Company concerning the terms and conditions pursuant to which the Shares are being purchased. The Undersigned has had the
opportunity to obtain any additional information which it possesses or can acquire without unreasonable effort or expense necessary
to verify the accuracy of information furnished by the Company. The Undersigned has been afforded an opportunity to examine such
documents and other information which it has requested for the purpose of verifying the financial stability of the Company.

 

(5)The Undersigned
is fully aware that there is no market for the Shares. The Undersigned is also aware of the applicable limitations on its resale
of any securities such as the Shares, and that the Shares and any and all certificates issued in replacement thereof or in exchange
therefore, will bear a restrictive transfer legend in the following form:

 

THE SHARES HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT
(1) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT; (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER
THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE); OR (3) PURSUANT TO ANOTHER EXEMPTION AVAILABLE UNDER THE SECURITIES
ACT, IN EACH CASE, IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND OTHER JURISDICTIONS.

 

(6)By reason of the
Undersigned's knowledge and experience in financial and business matters in general, and investments in particular, the Undersigned
is capable of evaluating the merits and bearing the economic risks of an investment in the Shares and fully understands the speculative
nature of the Shares and the possibility of loss of the Undersigned's entire investment in the securities used to acquire the Shares.

 

(7)The present financial
condition of the Undersigned is such that it is under no present or contemplated future need to dispose of any portion of the Shares
to satisfy an existing or contemplated undertaking, need or indebtedness.

 

Very truly yours,

 

 

 

/s/ Sean Goodchild

Sean Goodchild

CEO, Gleeworks, Inc.

 

 

 

 

 

______________________________________

(Signature)

Name: ________________________________

Date: 25th of April 2011

 

 

 

 

 

______________________________________

(Signature)

Name: ________________________________

Date: 25th of April 2011

 

 

 

    	Page 22 of 23

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