Document:

Exhibit 10.1

 

SOFTWARE LICENSE AGREEMENT

 

THIS SOFTWARE LICENSE AGREEMENT (this
“Agreement”) is entered into as of the 13th day of December, 2018 (the “Effective Date”),
by and between SWIRLDS, INC., a Delaware corporation with corporate offices at 224 W. Campbell Road, Suite 504, Richardson,
Texas 75080 (“Licensor”), and Hash Labs, Inc., a Nevada corporation with corporate offices at
78 SW 7th Street, Miami, Florida 33130 (“Customer”).

 

1.       DEFINITIONS.

 

“Affiliate” means
any company or entity which, directly or indirectly, controls or is controlled by or under common control with, a party to this
Agreement, but only for as long as such control exists. For the purposes of this definition, “control” (and its correlative
meanings “controlled by” or “under common control with”) means, with respect to a company or entity, the
ownership or possession of (a) at least fifty percent (50%) of the share capital having ordinary voting power, (b) the right to
elect a majority of the members then-comprising the board of directors or equivalent corporate governance body of such company
or entity, or (c) the operational management of the controlled company or entity by contract or otherwise.

 

“Coro Account Holders”
means any user of the Coro Network that has completed due diligence including AML, KYC, and identity verification procedures
required to use the Coro Network. Users consist of individuals, businesses which includes but is not limited to retailers and wholesalers,
financial institutions and governments, and any other user as may be admitted by Customer.

 

“Customer Use Case”
means a private, permissioned, peer-to-peer, distributed ledger that serves as a payment network permitting Coro Account Holders
the ability to send and receive units of digital gold that are backed by (i) physical gold assets held in a fully licensed and
insured physical vault, or (ii) any other type of digital asset as Customer deems appropriate (the “Coro Network”).
Coro Account Holders may be able to redeem all or a portion of their Coro account value for physical gold, fiat currency, hbars
(e.g. the cryptocurrency used on the Hedera Hashgraph public network), or any other physical or digital asset the Customer deems
appropriate. Coro Account Holders may use digital or fiat currency or gold to acquire CXAU units, as determined by the Customer.
In addition, Coro Account Holders may have a digital wallet that will enable account holders to use CXAU, fiat currency, hbars
or other digital currencies to purchase goods and services or transfer digital currencies from other Coro Account Holders and from
third parties outside of the Coro Network.

 

” CXAU” means
the cryptocurrency used to send and receive units of digital gold on the Coro Network.

 

“Documentation” means the technical and user documentation related to the Software,
in any format, that is delivered by Licensor to Customer in connection with this Agreement.

 

“Intellectual Property Rights” means patent rights (including patent applications
and disclosures), copyrights, trademarks, database rights, trade secrets, know-how and any other intellectual property rights
recognized in any country or jurisdiction in the world.

 

 

“License
Term” means the term of any license for Software specified in an Order Form, inlcuing all renewal terms.

 

“Node” means an active physical or
virtual connection that is connected to a network using the Swirlds Hashgraph technology that is capable of creating, sending,
receiving, and/or transmitting information over the Swirlds Customer Network.

 

“Order Form”
means the document executed by both parties pursuant to which Customer orders Software. Each Order Form must expressly reference
and shall form a part of this Agreement. If any terms of an Order Form conflict with any terms of this Agreement, the terms of
the Order Form will control.

 

“Software” means
Licensor’s software products licensed under this Agreement, as specified in an Order Form signed by both parties, which includes
Source Code and any error corrections, updates or upgrades provided by Licensor to Customer under this Agreement.

 

“Source Code”
means the human readable source code of the Software that is made available by Licensor on its web site at www.swirlds.com/download/.

 

“Hashgraph” means
Swirlds proprietary consensus mechanism algorithm used for distributed ledger networks.

 

“Swirlds Customer Network”
means the private, permissioned, peer-to-peer, distributed ledger technology-based system operated by Licensee using the Swirlds
Hashgraph algorithm.

 

2.       LICENSE.

 

2.1 License. Subject to the
terms and conditions of this Agreement, Licensor grants to Customer a nonexclusive, nontransferable license to install and
use the Software specified on any fully-executed Order Form during the applicable License Term, for which Customer has timely
paid all fees, solely for the development, implementation, operation and maintenance of Nodes connected to a Swirlds Customer
Network solely for the Customer Use Case. Customer may permit an Affiliate of Customer to install and use the licensed
Software solely in connection with the exercise of Customer’s rights under this Agreement and subject to any such
Affiliate’s compliance with all of the terms and conditions of this Agreement. Likewise, Customer may permit its
third-party subcontractors to access and use the Software, solely in connection with the exercise of Customer’s rights
under this Agreement and subject to any such subcontractor’s compliance with all of the terms and conditions of this Agreement, Customer shall (a) ensure that
any such Affiliate or subcontractor complies with all of the terms of this Agreement and (b) be liable for any breach of this
Agreement by any such Affiliate or subcontractor.

 

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2.2 General License Restrictions. Except as expressly permitted
in this Agreement, the licenses granted in this Section 2 do not permit Customer to, and Customer will not, and will not permit
third parties to: (a) modify, create derivate works of, disassemble, decompile or reverse engineer the Software; (b) copy the
Software, except as expressly permitted herein; (c) sublicense, rent, lease or otherwise transfer the Software, or any portion
thereof; (d) use the Software for any time-sharing or service bureau use; (e) exceed any licensed limitations set forth in the
applicable Order Form; or (f) use the Software or the Swirlds Customer Network in any manner outside the scope of the Customer
Use Case.

 

2.3 Software Restrictions. Access
to, and use of, the Software may be limited by restrictions set forth in the applicable Order Form, including, without limitation,
a maximum number of Nodes that may be developed and operated on the Swirlds Customer Network. Customer shall not use the Software
in breach of any such restrictions. Customer shall be responsible and liable for the acts and omissions of all users (inlcuding
any breach of this Agreement) with access to the Software that is provided by Customer. With prior written notice to Customer,
the Software may contain license protection procedures that limit access to and use of the Software to that use permitted under
this Agreement. Customer shall not circumvent or render inoperative any such protection procedures.

 

2.4 Copies. Customer may make a
reasonable number of backup copies of the Software as is consistent with Customer’s normal periodic backup procedures, solely for
Customer’s non-active use. Customer shall maintain a log of the number and location of all originals and copies of the Software.
Customer may reproduce or copy any portion of the Documentation into machine-readable or printed form for its internal use and
only as required to exercise its rights hereunder.

 

2.5 Licensor Node. Licensor shall
have the option to develop, implement, operate and maintain one or more Nodes on the Swirlds Customer Network for the sole purpose
of tracking and auditing transactions conducted using the Swirlds Customer Network, including transactions on the Coro Network
and purchases of goods and services by account holders using their digital wallets. Licensor agrees that all information on the
Swirlds Customer Network and Coro Network is Confidential Information of Customer and shall be used solely for the monitoring purposes
set forth in this Section 2.5. Licensor shall ensure that its Nodes meet all of the Customer requirements applicable to all Nodes
on the Swirlds Customer Network and Coro Network,.

 

2.6 Limited Rights. Customer’s
rights in the Software will be limited to those expressly granted in this Section 2.

 

Licensor reserves all rights and licenses in and to the Software not expressly granted to Customer under
this Agreement.

 

 

3.       OWNERSHIP.

 

3.1 Licensor and its third-party licensors presently own and will continue to own all worldwide right, title,
and interest in and to the Software and all worldwide Intellectual Property Rights therein, whether or not the Software, in whole
or in part, is incorporated in or combined with any other product. Customer will not delete or in any manner alter the copyright,
trademark, and other proprietary rights notices of Licensor and its licensors appearing on the Software as delivered to Customer.
Customer will reproduce such notices on all copies it makes of the Software.

 

3.2 Customer
hereby grants Licensor a worldwide, nonexclusive, perpetual, irrevocable, sub-licensable, royalty-free license to use, modify,
make derivative works of, and incorporate into the Software and Documentation, any feedback, input, comments and/or suggestions
by Customer related to the Software and/or Documentation, including requests for modifications or improvements thereto.

 

3.3 All rights and licenses granted by
Licensor under this Agreement are and shall be deemed to be rights and licenses to “intellectual property,” as such
term is used in and interpreted under Section 365(n) of the United States Bankruptcy Code (the “Code”)
(11 U.S.C. § 365(n)). Customer shall have all rights, elections, and protections under the Code and all other applicable bankruptcy,
insolvency, and similar laws with respect to this Agreement. Without limiting the generality of the foregoing, Licensor acknowledges
and agrees that if Licensor or its estate shall become subject to any bankruptcy or similar proceeding, subject to Customer’s
rights of election under Section 365(n), all licenses granted to Customer under this Agreement will continue subject to its terms
and conditions, and will not be affected, even by Licensor’s rejection of this Agreement.

 

4.       SUPPORT SERVICES.

 

4.1 Support Services. Subject to
the payment of all fees specified in the applicable Order Form, during the applicable License Term the Licensor will perform the
maintenance and support services specified in Exhibit 1.

 

4.2 Source Code. Throughout the
applicable License Term, Licensor shall (a) make the Source Code available and accessible to Customer, and (b) promptly make available
the source code for all upgrades, updates or other modifications of the Software used by Customer. In the event that Licensor
(i) is liquidated and dissolved, (ii) ceases operating its business in the ordinary course or (iii) ceases providing support services
for the Software on terms consistent with this Agreement, then upon such event Customer’s license granted pursuant to Section
2.1 shall include the right to modify and adapt the Software, solely for the purpose of correcting Errors (as defined in Exhibit
1) and creating Workarounds (as defined in Exhibit 1) to maintain the Software.

 

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5.       PAYMENT.

 

5.1 License Fees. In consideration
of the licenses granted under this Agreement, Customer will pay Licensor the fees and expenses set forth in any Order Form.

 

5.2 Travel and Incidental
Expenses.Customer will reimburse Licensor for any reasonable out-of-pocket expenses approved in advance in writing by
Customer incurred by Licensor in connection with performing any services at Customer’s site.

 

5.3 Payment Terms. All undisputed
payment will be made by Customer within thirty (30) days after the date of an invoice provided by Licensor. Customer will pay all
amounts due under this Agreement in U.S. currency. All past due amounts will incur interest at a rate equal to the lower of 1.0%
per month or the highest rate permitted by law, beginning as of ten (10) days after the applicable due date.

 

5.4 Taxes. Customer is liable for
any and all sales, use, excise, value added, or other similar taxes Licensor is required by applicable law to collect (and remit
the applicable tax authoirty) in connection with this Agreement. If Customer is exempt from the payment of any such taxes, Customer
must provide Licensor with a valid tax exemption certificate; otherwise, absent proof of Customer’s direct payment of such
taxes to the applicable taxing authority, Licensor will invoice Customer for and Customer will pay to Licensor all such taxes.
Notwithstanding anything to the contrary in this section, Licensor shall be solely responsible for all taxes based on its income.

 

6.       WARRANTY.

 

6.1 Limited Software Performance Warranty.
Licensor warrants that throughout the applicable License Term, the Software will function in all materials respects in accordance
with the documentation listed on Exhibit 2 as the same may be revised and delivered to Customer from time to time (the “Customer
Documentation”).

 

6.2 Performance
Warranty Remedy. Customer shall notify Licensor in writing of any claim that the Software is not functioning in
accordance with the Customer Documentation (the “Warranty Notice”). The Warranty Notice will
include sufficient information to allow Licensor to duplicate the defect or error. Licensor will promptly repair or replace,
or create a Workaround (as defined in Exhibit 1) for, any Software that fails to meet the performance warranty. If
Licensor fails to correct or create a workaround for a defect reported by Customer within thirty (30) days after the defect
was reported, Customer shall have the option to terminate this Agreement in which case Licensor shall refund to Customer any
pre-paid license fees, pro-rated based on the number of days elapsed, and the number of days remaining in, the then-current
License Term. If Customer exercises its termination option, it shall have the right to continue to use the Software under the
terms of this Agreement for a transition period of up to 180 days, subject to Customer’s continued compliance with all
of the terms and conditions of this Agreement and each Order From.

6.3 Performance Warranty Limitations. The performance
warranty shall not apply: (a) to any modifications of the Software made other than by Licensor or its agent or contractor; (b)
if the Software is not used in accordance with the Customer Documentation or this Agreement; (c) if the Software has been modified,
enhanced or altered by anyone other than Licensor or its agent or contractor; or (d) to any error or defect caused by the improper
use of the Software by Customer or any third party, or any third-party software.

 

6.4 Additional Representations.
Licensor further represents and warrants that: (a) Licensor has all rights necessary to grant to Customer the rights and licenses
granted under this Agreement; and (b) the Software does not contain any virus or other code that would cause the Software to become
inoperable or incapable of being used in accordance with the Customer Documentation.

 

6.5 Disclaimer of Warranties. The
limited warranties set forth in this Section 6 are in lieu of, and Licensor disclaims, all other warranties, express, implied
or statutory, including but not limited to those of merchantability or fitness for a particular purpose.

 

7.       INDEMNIFICATION.

 

7.1 Infringement
Indemnity.Licensor will defend, indemnify and hold Customer harmless from and against any losses, claims,
liabilities, damages, costs and expenses arising out of or related to any claim, suit, or action brought against Customer to
the extent that it is based upon a claim that the Software or use of the Software, as provided by Licensor to Customer under
this Agreement and used within the scope of this Agreement, infringes any Intellectual Property Right or other right of any
third party, provided that Customer: (a) promptly notifies Licensor in writing of the claim; (b) grants Licensor sole control
of the defense and settlement of the claim; and (c) provides Licensor with authority required for the defense and settlement
of the claim and all reasonably requested assistance and information (at Licensor’s expense).

 

7.2 Injunctions.If
Customer’s use of the Software hereunder is, or in Licensor’s opinion is likely to be, enjoined due to the type
of infringement specified in Section 7.1 above, Licensor may, at its sole option and expense: (a) procure for Customer the
right to continue using such Software under the terms of this Agreement; (b) replace or modify such Software so that it is
non-infringing and substantially equivalent in function to the enjoined Software; or (c) if options (a) and (b) above cannot
be accomplished despite Licensor’s reasonable efforts, then Licensor may terminate Customer’s rights and
Licensor’s obligations hereunder with respect to such Software and refund to Customer any pre-paid license fees,
pro-rated based on the remaining License Term.

 

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7.3 Exclusions. Notwithstanding the terms of Section 7.1, Licensor
will have no liability for, and Customer will indemnify, defend and hold Licensor harmless with respect to, any infringement claim
of any kind to the extent it results from: (a) modification of the Software made other than by Licensor or its agents or contractors
or with Licensor’s approval; (b) the combination, operation or use of any Software supplied hereunder with equipment, devices
or software not supplied by Licensor to the extent such a claim would have been avoided if the Software were not used in such
combination and only if such equipment, device or software was not specified or approved for use with the Software; (c) failure
of Customer to use updated or modified Software provided by Licensor to avoid infringement; or (d) compliance by Licensor with
designs, plans or specifications furnished by or on behalf of Customer.

 

7.4 Sole Remedy. The provisions
of this Section 7 set forth Licensor’s sole and exclusive obligations, and Customer’s sole and exclusive remedies,
with respect to infringement of intellectual property rights of any kind.

 

8.       CONFIDENTIALITY.

 

8.1 Definition. “Confidential
Information” means: (a) the Software; and (b) any business or technical information of Licensor or Customer, including
but not limited to any information relating to Licensor’s or Customer’s product plans, designs, costs, product prices
and names, finances, marketing plans, business opportunities, personnel, research, development or know-how.

 

8.2 Exclusions. Confidential
Information does not include information that: (a) is or becomes generally known to the public through no fault or breach of
this Agreement by the receiving party; (b) is known to the receiving party at the time of disclosure without an obligation of
confidentiality; (c) is independently developed by the receiving party without use or access of the disclosing party’s
Confidential Information; (d) the receiving party rightfully obtains from a third party without restriction on use or
disclosure; or (e) is disclosed with the prior written approval of the disclosing party.

 

8.3 Use and Disclosure Restrictions.
During the term of this Agreement, and for a period of five (5) years after any termination of this Agreement, each party will
not use the other party’s Confidential Information except as permitted herein, and, except as expressly permitted herein,
will not disclose such Confidential Information to any third party, except to those of its employees, subcontractors and consultants
as is reasonably required in connection with the exercise of its rights and obligations under this Agreement (and only subject
to binding use and disclosure restrictions at least as protective as those set forth herein executed in writing by such employees
and consultants).

 

8.4 Compelled
Disclosure. Each party may disclose Confidential Information of the other party: (a) pursuant to the order or requirement
of a court, administrative agency, or other governmental body, provided that the party responding to such order or
requirement gives reasonable notice to the other party to contest such order or requirement; and (b) on a confidential basis
to legal or financial advisors.

9.       LIMITATION
OF LIABILITY.

 

9.1 Total Liability.Each
party’s cumulative liability to the other Party under this agreement, from all causes of action and all theories of liability,
will be limited to and will not exceed the amounts paid to Licensor by Customer pursuant to this Agreement for the Software and
services which are the subject of the cause of action or claim.

 

9.2 Exclusion of Damages. in
no event will either party be liable to the other party for any special, indirect, incidental or consequential damages (including
loss of use, data, business or profits) arising out of or in connection with this agreement or the use or performance of the Software
or services, whether such liability arises from any claim based upon contract, warranty, tort (including negligence), product
liability or otherwise, and whether or not the party has been advised of the possibility of such loss or damage.

 

9.3 Exclusions. The limitations
on liability and the exclusion of damages provided in Sections 9.1 and 9.2 shall not apply to: (a) any breach by Customer of Section
2 (License) of this Agreement; (b) Licensor’s indemnity obligations under Section 7 (Indemnification); (c) a breach by either
party of Section 8 (Confidentiality); or (d) any liability arising out of the fraud, gross negligence or willful misconduct of
a party.

 

9.4 Basis
of Bargain. The parties expressly acknowledge and agree that Licensor has set its prices and entered into this Agreement
in reliance upon the limitations of liability specified herein, which allocate the risk between Licensor and Customer.

 

10.      TERMINATION.

 

10.1 Term. This Agreement will begin
on the Effective Date and will remain in effect until the expiration of all License Terms specified in any Order Forms (including
any renewal terms) executed in connection with this Agreement.

 

10.2 Termination for Breach. Each
party will have the right to terminate this Agreement or any Software license granted hereunder if the other party breaches any
material term of this Agreement and fails to cure such breach within thirty (30) days after written notice thereof.

 

10.3 Effect of
Termination. Upon any termination of this Agreement or of any license granted hereunder, Customer will promptly return to
Licensor or, at Licensor’s request, destroy, the applicable Software and all copies and portions thereof, in all forms
and types of media (except to the extent retention is required to comply with law), and provide Licensor with an
officer’s written certification, certifying to Customer’s compliance with the foregoing. In addition, upon
termination of this Agreement all amounts due and owing by Customer to Licensor under this Agreement and all Order Forms will
be immediately due and payable.

 

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10.4 Nonexclusive Remedy. Termination of this Agreement by either party will be a nonexclusive remedy
for breach and will be without prejudice to any other right or remedy of such party.

 

10.5 Survival. The rights and obligations
of the parties contained in Sections 2.2 2.3, 2.5, 3, 5, 7, 8, 9, 10.4, 10.5, and 11 will survive the termination or expiration
of this Agreement.

 

11.      GENERAL.

 

11.1 Assignment. Customer
will have no right to assign (whether by operation of law or otherwise) this Agreement, either in whole or in part, without
Licensor’s prior written consent.However, any merger, purchase or other acquisition of Customer shall not
constitute an assignment for purposes of this Agreement. Any attempt to assign this Agreement, without such consent, will be
null and void.

 

11.2 Governing Law and Jurisdiction.
This Agreement will be governed by and construed in accordance with the laws of the State of Texas, without reference to its rules
governing the conflict of laws. Any legal action or proceeding arising under this Agreement will be brought exclusively in the
federal or state courts located in Dallas, Texas and the parties hereby consent to the personal jurisdiction and venue therein.

 

11.3 Right to Injunctive Relief.
Each party acknowledges that its material breach of Sections 2, 3 or 8 may likely cause irreparable injury to Licensor and the
other party shall have the right to seek injunctive or other equitable relief in the event of any such material breach.

 

11.4 Severability. If for any reason
a court of competent jurisdiction finds any provision of this Agreement invalid or unenforceable, that provision of the Agreement
will be enforced to the maximum extent permissible and the other provisions of this Agreement will remain in full force and effect.

 

11.5 Waiver. The failure by either
party to enforce any provision of this Agreement will not constitute a waiver of future enforcement of that or any other provision.

 

11.6 Notices. All notices required
or permitted under this Agreement will be in writing and delivered by courier or overnight delivery service, or by certified mail,
and in each instance will be deemed given upon receipt. All communications will be sent to the addresses of the parties set forth
in the applicable Order Form or to such other address as may be specified by either party to the other in accordance with this
Section. Either party may change its address for notices under this Agreement by giving written notice to the other party by the
means specified in this Section.

11.7 Force Majeure. Except
with respect to the payment of money, neither party will be responsible for any failure or delay in its performance under
this Agreement due to causes beyond its reasonable control, including but not limited to, labor disputes, strikes, lockouts,
shortages of or inability to obtain labor, energy, raw materials or supplies, war, riot, act of God or governmental
action.

 

11.8 Relationship
of Parties.The parties to this Agreement are independent contractors and this Agreement will not establish any
relationship of partnership, joint venture, employment, franchise, or agency between the parties. Neither party will have the
power to bind the other or incur obligations on the other’s behalf without the other’s prior written consent.

 

11.9 Federal Government Contracts; Restricted
Rights. The Software and Documentation have been developed at private expense of Licensor and its third-party licensors. Any
Software and Documentation that are provided for or on behalf of the United States of America, its agencies and/or instrumentalities
(“U.S. Government”), are provided with Restricted Rights and Limited Rights, as applicable, and as defined
under applicable law, rule or regulation. Use, duplication or disclosure by the U.S. Government is subject to restrictions as set
forth in subparagraph (c)(1)(ii) of the Rights in Technical Data and Computer Software clause at DFARS Exc or subparagraphs (c)(1)
and (2) of the Commercial Computer Software - Restricted Rights at 48 CFR 52.227-19, and DFARS 252.227-7013, 252.227-7015, 252.227-7025
and other similar clauses, as applicable. The Software and Documentation provided to the Government are provided with limited rights.
The Government’s rights to use, modify, reproduce, release, perform, display or disclose the Software and Documentation are
restricted as set forth herein. Any reproduction of the Software or Documentation or portions thereof marked with this legend must
also reproduce the markings.

 

11.10 Export Control Notice. Customer
acknowledges the Software, or any part thereof, is being released or transferred to Customer in the United States and is therefore
subject to United States export control laws. Customer acknowledges its exclusive obligation to ensure that its exports are in
compliance with the applicable export control laws. Customer shall defend, indemnify, and hold Licensor and its third party licensors
harmless from and against any and all claims, judgments, awards, and costs (including reasonable legal, including attorneys’
fees) arising out of Customer’s noncompliance with applicable export laws with respect to the use or transfer of the Software outside
the United States by Customer. As a condition to Customer’s obligations under this Section 11.10, Licensor shall notify Customer
in writing of any and all applicable export restrictions to which the Software is subject.

 

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11.11 Audit Rights. Customer
will maintain books and records in connection with its installation and use of the Software. Licensor shall have the right
during the term of this Agreement and for up to one (1) year after the termination of this Agreement or the licenses granted
herein, upon reasonable written notice and during normal business hours, to audit and inspect the Customer, its books and
records and its utilization of the Software in order to verify compliance with the payment terms of this Agreement. Audits
will be made no more than twice in any calendar year and must be completed no later than two (2) years after the period that
is the subject of the audit. If an audit reveals that Customer has underpaid for Software based on Customer’s actual
use of such Software, then Customer will pay Licensor, promptly upon demand by Licensor: (a) the underpaid license fees
therefore, which fees will equal Licensor’s then-current list rates; (b) any applicable late charges; and (c)
Licensor’s reasonable costs of conducting the audit if the underpayment exceeds 3%. If an audit reveals Customer is
utilizing the Software in a manner not permitted under this Agreement, Customer agrees to take, at Customer’s expense,
all reasonable corrective action requested by Licensor.

 

11.12 Publicity. Licensor
shall have the right to identify Customer as a customer on Licensor’s web site and as part of Licensor’s other marketing
efforts, including customer lists and press releases. Customer shall be entitled to reference its use of the Software in its marketing
and communications campaigns, provided that each use of Licensor’s name and/or logo must be approved by Licensor (which approval
will not be unreasonabley withheld or delayed). Licensor and Customer agree to issue a joint press release announcing this Agreement
within thirty (30) days after final execution thereof. The content of such joint press release shall be mutually agreed upon by
the parties.

11.13 Customer Purchase Orders.
This Agreement and each Order Form shall prevail over any additional, conflicting, or inconsistent terms and conditions which
may appear on any purchase order or other document furnished by Customer to Licensor

 

11.14 Counterparts;
Electronic Signatures.This Agreement and each Order Form executed in connection herewith may be signed in two
counterparts, each of which shall be deemed an original and which shall together constitute one Agreement. Signatures to this
Agreement and each Order From may be executed by way of electronic signatures, and such signatures shall be considered
original. Signatures transmitted by email, portable document format (.pdf), or by any other electronic means intended to
preserve the original graphic and pictorial appearance of this Agreement or any Order From shall have the same effect as the
physical delivery of a paper document bearing the original signatures.

 

11.15 Entire Agreement.
This Agreement and each Order Form executed in connection herewith, including all schedules, exhibits and attachments attached
to this Agreement or any Order Form, contains the complete understanding and agreement of the parties and supersedes all prior
or contemporaneous agreements or understandings, oral or written, relating to the subject matter herein. Any waiver, modification
or amendment of any provision of this Agreement will be effective only if in writing and signed by duly authorized representatives
of the parties.

 

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IN
WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the Effective Date by their duly authorized
representatives.

 

	HASH LABS, INC.	 	SWIRLDS, INC.
	 	 	 	 	 
	By:	/s/ J. Mark Goode	 	By:	/s/ Mance Harmon
	Name: 	J. Mark Goode	 	Name:	Mance Harmon
	Title: 	CEO	 	Title:	CEO

 

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EXHIBIT
1

 

MAINTENANCE AND SUPPORT TERMS

 

This Exhibit 1 relates to and is incorporated
into the Software License Agreement (the “Agreement”). Capitalized terms not defined in Section 6 below have the same
meaning as in the Agreement.

 

1. COVERAGE

 

Subject to the payment of all fees specified
in the applicable Order Form, Licensor will perform the maintenance and support services specified in this Exhibit 1 during the
applicable License Term. Licensor will provide maintenance and support services only to Customer and only for the Software that
has been ordered and paid for by Customer.

 

2. MAINTENANCE AND SUPPORT SERVICES

 

		a.	Maintenance and support services consist of (a) Error Correction
and E-mail and Telephone Support provided to the Technical Support Contact concerning the installation and use of the then-current
release of the Software and the Previous Sequential Release and (b) product updates that Licensor in its discretion makes generally
available. Product updates consist of one copy of published revisions to the printed documentation and one copy of revisions to
the machine readable Software that are not designated by Licensor as products for which it charges a separate fee.

 

		b.	A New Release is a new software product that contains enhancements
of the Software. Licensor shall advise Customer of New Releases that it decides, in its sole discretion, to make available to
Customer by adding it to the Agreement. New Releases may require payment of additional license fees. All product updates or New
Releases provided to Customer shall be governed by the terms of the Agreement, including without limitation the applicable fees.
Upon installation of updates or New Releases, prior versions or releases are to be destroyed.

 

3. ERROR CORRECTIONS

 

Licensor shall exercise commercially reasonable
efforts to correct any Error reported by Customer in the current release of Software, and shall provide a corrected version of
the Software to Customer immediately upon such correction. If an Error has a material adverse impact on Customer’s use of
the Software, Licensor shall use diligent and expedited efforts to correct the Error or to provide a Workaround as soon as practicable.

 

If Licensor believes that a problem reported
by Customer may not be due to an Error in the Software, Licensor will so notify Customer. At that time, Customer may (1) instruct
Licensor to proceed with problem determination at Customer’s possible expense as set forth below, or (2) instruct Licensor
that Customer does not wish the problem pursued at Customer’s possible expense. If Customer requests that Licensor proceed
with problem determination at Customer’s possible expense and Licensor determines that the problem was not due to an Error
in the Software, Customer shall pay Licensor, at Licensor’s then-current and standard consulting rates, for all work performed
in connection with such determination, plus reasonable related expenses incurred therewith. Customer shall not be liable for (i)
problem determination or repair to the extent problems are due to Errors in the Software, (ii) work performed under this paragraph
in excess of its instructions or (iii) work performed after Customer has notified Licensor that it no longer wishes work on the
problem determination to be continued at Customer’s possible expense (such notice shall be deemed given when actually received
by Licensor). If Customer instructs Licensor that it does not wish the problem pursued at Customer’s possible expense or
if such determination requires effort in excess of Customer’s instructions, Licensor may, at its sole discretion, elect not
to investigate the problem with no liability therefor.

 

4. EXCLUSIONS.

 

		a.	Licensor shall have no obligation to support:

 

		i.	altered, damaged or modified Software (excluding Software
altered or modified by or on behalf of Licensor) or any portion of the Software incorporated with or into other software;

 

		ii.	Software that is not the then-current release or immediately
Previous Sequential Release;

 

		iii.	Software problems caused by Customer’s negligence,
abuse or misapplication, Customer’s use of the Software other than as specified in the Customer Documentation;

 

    Page 8 of 10

     

    

 

		iv.	Software installed on any
computing environment that is not supported by Licensor; or

 

		v.	Any software or application other than the licensed
Software.

 

		b.	Licensor shall have no liability for any changes in Customer’s
hardware that may be necessary to use the Software due to a Workaround or maintenance update.

 

5. DEFINITIONS

 

		a.	“E-mail and Telephone Support”
means technical support email and telephone assistance provided by Licensor to the Technical Support Contact during normal business
hours concerning the installation and use of the then-current release of the Software and the Previous Sequential Release.

 

		b.	“Error” means a material failure
of the Software to operate in accordance with the Customer Documentation.

 

		c.	“Error Correction” means the use
of reasonable commercial efforts to correct Errors.

 

		d.	“Fix” means the repair or replacement
of object or executable code versions of the Software to remedy an Error.

 

		e.	“Previous Sequential Release” means
at any time the release of the Software that has been replaced by the then-current release of the same Software. Notwithstanding
anything else, a Previous Sequential Release will be supported by Licensor only for a period of six (6) months after release of
the then-current release.

 

		f.	“Workaround” means a change in
the procedures followed or data supplied by Customer to avoid an Error without substantially impairing Customer’s use of
the Software.

 

    Page 9 of 10

     

    

 

EXHIBIT
2

 

CUSTOMER DOCUMENTATION

 

Swirlds Documentation Deliverables

 

Introduction/Feature Documentation
– Overview of the product intended to highlight the product features and benefits at a high level.

 

		●	Overview

		●	Gossip
About Gossip

		●	Virtual
Voting

		●	Advantages
of Hashgraph

		●	Technical
requirements

		○	Tech Report SWIRLDS-TR-2016-01 - a long description
of Hashgraph, the consensus algorithm, and the math proofs

		○	Tech Report SWIRLDS-TR-2016-02 - examples that walk
through every step of the algorithm

		●	Security
information

 

User Documentation – Guides the end user through
the product.

 

		○	FAQ’s

		○	Troubleshooting Guide

		○	Getting Started

		○	Quickstart

		○	Installation

		○	How to install / recompile the example apps in Eclipse

		○	How to install / recompile the example apps from the
command line

		○	How to create a new Swirlds app using the SDK and Eclipse

 

API Documentation – Details the product API for
both internal and external (client and/or partner) development audiences.

 

		○	References

		○	Platform

		○	SwirldMain

		○	SwirldState

		○	The javadoc for the various platform classes that apps
use

		○	Advanced development: optimizing FastCopyable classes

		○	Key management

		○	Libraries used by the SDK

 

    Page 10 of 10Exhibit 10.2

 

SOFTWARE
ORDER FORM

ORDER
No. 1

 

 

 

This
Order Form incorporates by reference and is governed by the terms and conditions of the Software License Agreement between the
signatories hereto dated December 7, 2018 (“Agreement”). This Order Form is effective as of December 13, 2018.

 

	Swirlds, Inc. (“Licensor”)	 	Hash Labs, Inc. (‘Customer”)
	224 W. Campbell Road, Suite 504	 	78 SW 7th Street
	Richardson, Texas 75080	 	Miami, FL 33130

 

	Signature	/s/ J. Mark Goode	 	Signature	/s/
    Mance Harmon 
	Print Name:	J. Mark Goode	 	Print Name:	Mance Harmon
	Title:	CEO	 	Title:	CEO
	Date:	12.13.18	 	Date:	12/19/18

 

Licensor
and Customer accept and agree to this Order Form, as follows:

 

 

 

		1.	SOFTWARE
LICENSE:

 

	 	Licensed Software	 	Maximum # of
 Allowed Nodes
 (1)

	 	License Term
 (2)	 	First-Year
 License Fee
 (3)*

	 	 	Renewal
 Years -
 Annual License
 Fee**

	 
	 	Swirlds Hashgraph SDK for use in private permissioned networks.	 	 	15	 	 	One Year	 	$	225,000	 	 	$	45,000	 

 

*
$15,000 per Node.

**
$3,000 per Node.

 

(1)
Customer may order additional Nodes by executing another Order Form (pricing may vary).

 

(2) Renewal:
The License Term will automatically renew for additional one (1) year terms unless and until (i) the Agreement is terminated
in accordance with Section 10.2, or (ii) Customer provides notice of non-renewal to Licensor at least thirty (30) days prior
to expiration of the term then in effect. The License Fees will not be increased during the first three (3) years of the
Term. For each renewal year thereafter, the annual license fee may be subject to an annual escalation, which increase shall
not be more than three percent (3%).

 

(3)
The First-Year License Fee is due and payable on or before February 28, 2019.

 

		2.	CORO
CUSTOMER TRANSACTION FEE:

 

“Coro
Customer Transaction Fee Percentage” means 10%

 

“Minimum
Quarterly Coro Customer Transaction Fee” means $5,000.

 

“Coro
Customer Transaction Fee” means, for the period being measured, (i) the Coro Customer Transaction Fee Percentage,
multiplied by (ii) the aggregate value of all transactions fees collected by Customer or its Affiliates from Coro Network transactions
between Coro Account Holders processed on the Swirlds Customer Network.

 

Coro
Customer Transaction Fees shall be paid: ☐ Monthly  R
Quarterly

 

    	 	Confidential and Proprietary	Page 1 of 2

     

    

 

SOFTWARE
ORDER FORM

ORDER
No. 1

 

 

 

On
or before the thirtieth (30th) day following the end of each calendar quarter during the License Term, Customer shall
deliver to Licensor the payment of the Coro Customer Transaction Fee for the calendar month just ended, along with a report (in
form and substance acceptable to Customer), showing Customer’s calculation of the Coro Customer Transaction Fee for the
applicable period. If the Coro Customer Transaction Fee payable to Licensor is less than the Minimum Quarterly Coro Customer Transaction
Fee for any quarter, Customer will pay Licensor the Minimum Quarterly Coro Customer Transaction Fee.

 

		3.	NETWORK
TRANSACTION FEES:

 

Customer
will pay Licensor a network transaction fee on all transactions (other than transactions for fiat), that are conducted by a Coro
Account Holder using their digital wallets on the Coro Network, regardless of the currency that is used for any such transaction
(collectively, the “Network Transaction Fees”). The Network Transaction Fees will be the same as the transaction
fees charged by Hedera Hashgraph, LLC (“Hedera”) for transactions using the Hedera network. The transaction
fees charged by Hedera on the Hedera network will be communicated to Customer in writing and updated from time-to-time when changed.

 

Network
Transaction Fees shall be paid: ☐ Monthly R Quarterly

 

On
or before the thirtieth (30th) day following the end of each calendar quarter during the License Term, Customer shall
deliver to Licensor payment of the Network Transaction Fees for the calendar quarter just ended, along with a report (in form
and substance acceptable to Customer), showing Customer’s calculation of the Network Transaction Fees for the applicable
period.

 

		4.	PAYMENT
TERMS

 

All
payments due under this Order Form shall be remitted to:

 

Swirlds,
Inc.

Attn:
Accounts Receivable

224
W. Campbell Road, Suite 504

Richardson,
Texas 75080

 

All
license fees are non-cancelable and non-refundable except as provided in the Agreement.

 

First-Year License Fee is due and payable
on or before January 31, 2019

 

Annual
license fees for any renewal year shall be invoiced annually in advance.

 

Payment
of all Coro Customer Transaction Fees and Network Transaction Fees shall be due and on or before the thirtieth (30th)
day following the end of each calendar quarter.

 

		5.	CONTRACT
AND BILLING CONTACT INFORMATION:

 

	 	Contract
    Administrator: ___________________________	 	Billing
    Contact:__________________________________
	 	 	 	 
	 	Address:
        78     SW 7th Street, Miami, FL 33130	 	Address:    78
    SW 7th Street, Miami, FL 33130
	 	E-mail:       __________________   Voice:   ____________	 	E-mail:      __________________     Voice: _____________
	 	Fax:
               __________________   Cell:     ____________	 	Fax:           __________________     Cell:   _____________
	 	 	 	 
	 	Customer PO
    # (if necessary): _____________________**	 	 

 

** Identification
    of Customer’s PO is for Customer’s payment reference purposes only. Any terms
    and conditions contained therein are null and void as set forth in the Agreement.

 

    	 	Confidential and Proprietary	Page 2 of 2

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