Document:

THIS
NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE SECURITIES LAWS
OF CERTAIN STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD
EXCEPT AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. LENDERS
SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE
ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT
ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.

 

ADAR
BAYS, LLC

COLLATERALIZED
SECURED PROMISSORY NOTE

6
OF 6

 

	$50,000.00	Miami
    Beach, FL
	 	February
    27, 2018

 

1.
Principal and Interest

 

FOR
VALUE RECEIVED, Adar Bays, LLC, a Florida Limited Liability Company (the “Company”) hereby absolutely and unconditionally
promises to pay to Ecosciences, Inc. (the “Lender”), or order, the principal amount of Fifty Thousand Dollars ($50,000.00)
no later than February 27, 2019, unless the Lender does not meet the “current information requirements” required under
Rule 144 of the Securities Act of 1933, as amended, in which case the Company may declare the offsetting note issued by the Lender
on the same date herewith to be in Default (as defined in that note) and cross cancel its payment obligations under this Note
as well as the Lenders payment obligations under the offsetting note. This Full Recourse Note shall bear simple interest at the
rate of 12%.

 

2.
Repayments and Prepayments; Security.

 

a.
All principal under this Note shall be due and payable no later than February 27, 2019, unless the Lender does not meet the “current
information requirements” required under Rule 144 of the Securities Act of 1933, as amended, in which case the Company may
declare the offsetting note issued by the Lender on the same date herewith to be in Default (as defined in that note) and cross
cancel its payment obligations under this Note as well as the Lenders payment obligations under the offsetting note.

 

b.
The Company may pay this Note at any time. This note may not be assigned by the Lender, except by operation of law.

 

c.
This Note shall be secured by a cash deposit of $50,000.00 to be made into the Attorney client trust account of Investors Counsel
Attorneys, P.C., to be held in escrow. All collateral shall be retained by Investors Counsel Attorneys, P.C., which shall act
as the escrow agent for the collateral for the benefit of the Lender. The Company may not effect any conversions under the Lender
Note until it has made full cash payment for the Lender Note being converted.

 

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3.
Events of Default; Acceleration.

 

a.
The principal amount of this Note is subject to prepayment in whole or in part upon the occurrence and during the continuance
of any of the following events (each, an “Event of Default”): the initiation of any bankruptcy, insolvency, moratorium,
receivership or reorganization by or against the Company, or a general assignment of assets by the Company for the benefit of
creditors. Upon the occurrence of any Event of Default, the entire unpaid principal balance of this Note and all of the unpaid
interest accrued thereon shall be immediately due and payable. The Company may offset amounts due to the Lender under this Note
by similar amounts that may be due to the Company by the Lender resulting from breaches under the Lender Note.

 

b.
No remedy herein conferred upon the Lender is intended to be exclusive of any other remedy and each and every remedy shall be
cumulative and in addition to every other remedy hereunder, now or hereafter existing at law or in equity or otherwise. The Company
accepts and agrees that this Note is a full recourse note and that the Holder may exercise any and all remedies available to it
under law.

 

4.
Notices.

 

a.
All notices, reports and other communications required or permitted hereunder shall be in writing and may be delivered in person,
by telecopy with written confirmation, overnight delivery service or U.S. mail, in which event it may be mailed by first-class,
certified or registered, postage prepaid, addressed (i) if to a Lender, at such Lender’s address as the Lender shall
have furnished the Company in writing and (ii) if to the Company at such address as the Company shall have furnished the
Lender(s) in writing.

 

b.
Each such notice, report or other communication shall for all purposes under this Note be treated as effective or having been
given when delivered if delivered personally or, if sent by mail, at the earlier of its receipt or 72 hours after the same has
been deposited in a regularly maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid,
or, if sent by electronic communication with confirmation, upon the delivery of electronic communication.

 

5.
Miscellaneous.

 

a.
Neither this Note nor any provisions hereof may be changed, waived, discharged or terminated orally, but only by a signed statement
in writing.

 

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b.
No failure or delay by the Lender to exercise any right hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, power or privilege preclude any other right, power or privilege. The provisions of this Note are severable
and if any one provision hereof shall be held invalid or unenforceable in whole or in part in any jurisdiction, such invalidity
or unenforceability shall affect only such provision in such jurisdiction. This Note expresses the entire understanding of the
parties with respect to the transactions contemplated hereby. The Company and every endorser and guarantor of this Note regardless
of the time, order or place of signing hereby waives presentment, demand, protest and notice of every kind, and assents to any
extension or postponement of the time for payment or any other indulgence, to any substitution, exchange or release of collateral,
and to the addition or release of any other party or person primarily or secondarily liable.

 

c.
If Lender retains an attorney for collection of this Note, or if any suit or proceeding is brought for the recovery of all, or
any part of, or for protection of the indebtedness respected by this Note, then the Company agrees to pay all costs and expenses
of the suit or proceeding, or any appeal thereof, incurred by the Lender, including without limitation, reasonable attorneys’
fees.

 

d.
This Note shall for all purposes be governed by, and construed in accordance with the laws of the State of Nevada (without reference
to conflict of laws) and the exclusive venue shall be in the State and Federal courts located in State of New York.

 

e.
This Note shall be binding upon the Company’s successors and assigns, and shall inure to the benefit of the Lender’s
successors and assigns.

 

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IN
WITNESS WHEREOF, the Company has caused this Note to be executed by its duly authorized officer to take effect as of the date
first hereinabove written.

 

	 	ADAR
    BAYS, LLC
	 	 	 
	 	By:	 
	 	 	 
	 	Title:	 
	 	 	 
	 	 	 
	 	APPROVED:
	 	 	 
	 	ECOSCIENCES, INC.
	 	 	 
	 	By:	 
	 	 	Joel
    Falitz
	 	Title:	President
    & CEO

 

    	 	4Exhibit
4.10

 

NEITHER
THIS NOTE NOR THE OFFER NOR SALE OF THE SECURITIES REPRESENTED BY THIS NOTE HAS BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED, (THE “SECURITIES ACT”). THE SECURITIES MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT, OR AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE CUSTOMARY
FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OR UNLESS SOLD
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT.

 

QPAGOS

 

10%
PROMISSORY NOTE

DUE:
FEBRUARY 19, 2017

 

	$50,000.00	October 20, 2016 (the
    “Issuance Date”)

  

FOR
VALUE RECEIVED, the undersigned, QPAGOS (the “Company”), a Nevada corporation,
promises to pay to the order GIBBS INTERNATIONAL, INC., with an address located at 9855 Warren H. Abernathy Highway,
Spartanburg, South Carolina 29301 or its registered assigns (the “Holder” or “Holders”), the
principal sum of Fifty Thousand Dollars (US$50,000) (the
“Principal’’), on the earlier of: (i) February 19, 2017 (the “Maturity Date”) or (ii) all Event
of Default (as defined below), together with interest (computed on the basis of a 365-day year) on the outstanding principal
amount at the rate of ten percent (10%) per annum (the “Interest Rate”) from the date hereof.

 

1,             Payment.
All payments of principal of, and interest on, this Note are to be made in lawful money of the United States of
America.

 

2.             Interest.
Interest on this Note shall commence accruing on the Issuance Date, shall accrue daily at the Interest Rate on the amount of Principal
amount from time to time then outstanding, be computed on the basis of a 365-day year comprised of twelve (12) months,

 

3.             Prepayment.
In the event the Company elects to repay the Holder in full prior to the Maturity Date, the Company may repay the Principal
Amount outstanding and all accrued and unpaid interest without the consent of the Holder.

 

4.             Governing
Law; Consent to Jurisdiction; Waiver of Jury Trial. This Note shall be governed by, and construed in accordance with, the
internal laws of the State of Nevada without regard to the choice of law principles thereof. The Company consents to accept service
of process by certified mail, return receipt requested in the event of litigation. The Company further consents to accept service
of process via recognized international courier in the case that the Company is not able to accept service by the certified mail
provided a receipt of delivery is available.

 

5.             Facsimile
Signatures, This Note may be executed by facsimile signature which shall, for all purposes be deemed to be as legally valid
and binding upon the Company as an original signature.

 

      

     

    

 

6.            Event
of Default. An “Event of Default” shall exist if any of the following conditions or events shall occur and be
continuing:

 

(a)          The
Company shall fail to pay in full the entire outstanding principal amount of this Note and
all interest accrued hereon when due;

 

(b)          The
Company default is in the performance of or compliance with its obligations under this Note,
and such default has not been cured for thirty (30) days after written notice of default is given to the Company;

 

(c)         The
Company: (i) admits in writing its inability to pay, its debts as they become due; (ii) files, or consents by answer or otherwise
to the filing against it of, a petition for relief or reorganization or arrangement or any other petition in bankruptcy, for liquidation
or to take advantage of any bankruptcy, insolvency, reorganization, moratorium or other similar law of any jurisdiction; (iii)
makes an assignment for the benefit of its creditors; (iv) consents to the appointment of a custodian, receiver, trustee or other
officer with similar powers with respect to it or with respect to any substantial part of its property; (v) is adjudicated as
insolvent or to be liquidated; or (vi) takes corporate action for the purpose of any of the foregoing; or

 

(d)          A
court or governmental authority of competent jurisdiction enters an order appointing, without consent by the Company, a custodian,
receiver, trustee or other officer with similar powers with respect to it or with respect to any substantial part of its property,
or constituting an order for relief or approving a petition for relief or reorganization or any other petition in bankruptcy or
for liquidation or to take advantage of any bankruptcy or insolvency law of any jurisdiction, or ordering the dissolution, winding-up
or liquidation of the Company, Or any such petition shall be filed against such party and such petition shall not be dismissed
within six (6) months.

 

7.             Remedies
Following An Event Of Default. Upon occurrence of an Event of Default, this Note and all accrued interest to the date of such
default shall, at the option of the Holder, immediately become due and payable without presentment, protest or notice of any kind,
all of which are waived by the Company.

 

8.             Vote
To Issue, Or Change The Terms Of, Notes. The written consent of the Holder shall be required for any change or amendment to
any of the Note.

 

9.             Transfer.
This Note may not be offered, sold, assigned or transferred by the Holder without the consent of the Company.

 

10.           Reissuance
Of This Note

 

(a)          Lost,
Stolen or Mutilated Note. Upon receipt by the Company of evidence reasonably satisfactory to the Company of the loss, theft,
destruction or mutilation of this Note, and, in the case of loss, theft or destruction, of any indemnification undertaking by
the Holder to the Company in customary form and, in the case of mutilation, upon surrender and cancellation of this Note, the
Company shall execute and deliver to the Holder a new Note (in accordance with Section 10(c) representing the outstanding principal.

 

(b)          Note
Exchangeable for Different Denominations. This Note is exchangeable, upon the surrender hereof by the Holder at the principal
office of the Company, for a new Note or Notes (in accordance with Section 10(c) and in principal amounts of at least $10,000)
representing in the aggregate the outstanding Principal of this Note, and each such new Note will represent such portion of such
outstanding Principal as is designated by the Holder at the time of such surrender.

 

    2  

     

    

 

(c)          Issuance
of New Notes. Whenever the Company is required to issue a new Note pursuant to the terms of this Note, such new Note: (i) shall
be of like tenor-with this Note; (ii) shall represent, as indicated on the face of such new Note, the Principal remaining outstanding
(or in the case of a new Note being issued pursuant to Section 10(b), the Principal designated by the Holder which, when added
to the principal represented by the other new Notes issued in connection with such issuance, does not exceed the Principal remaining
outstanding under this Note immediately prior to such issuance of new Notes); (iii) shall
have an issuance date, as indicated on the face of such new Note, which is the same as the issuance Date of this Note; (iv) shall
have the same rights and conditions as this Note; and (v) shall represent accrued and unpaid interest, if any, on the principal
of this Note, from the Issuance Date.

 

1l.            Payment
of Collection, Enforcement and Other Costs. If: (a) this Note is placed in the hands of an attorney for collection or enforcement
or is collected or enforced through any legal proceeding or the Holder otherwise takes action to collect amounts due under this
Note or to enforce the provisions of this Note or (b) there occurs any bankruptcy, reorganization, receivership of the Company
or other proceedings affecting Company creditors’ rights and involving a claim under this Note, then the Company shall pay
the costs incurred by the Holder for such collection, enforcement or action or in connection with such bankruptcy, reorganization,
receivership or other proceeding, including, but not limited to, attorneys’ fees and disbursements.

 

12.           Construction;
Headings. This Note shall be deemed to be jointly drafted by the Company and the Holder and shall not be construed against
any Person as the drafter hereof. The headings of this Note are for convenience of reference and shall not form part of, or affect
the interpretation of, this Note.

 

13.           Failure
or Indulgence Not Waiver. No failure or delay on the part of the Holder in the exercise of any power, right or privilege hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other
or further exercise thereof or of any other right, power or privilege. No waiver shall be effective unless it is in writing and
signed by an authorized representative of the waiving party.

 

    3  

     

    

 

14.          Notices;
Payments.

 

(a)          Notices.
Whenever a notice is required to be given under this Note, unless otherwise provided herein, the notice shall be given to
the Holder’s address set forth above. Any notice, demand or request required or permitted to be given by the Company or
the Holder pursuant to the terms of this Note shall be in writing and shall be deemed delivered: (i) when delivered personally
or by verifiable facsimile transmission, unless such delivery is made on a day that is not a business day, in which case such
delivery will be deemed to be made on the next succeeding business day; (ii) on the next
business day after timely delivery to an overnight courier; and (iii) on the business day
actually received if deposited in the U.S. mail (certified or registered mail, return receipt requested, postage prepaid), addressed
as follows:

 

	COMPANY:	QPAGOS 

Pasco
de la Reforma 404 Pisa 15 PH

Col.
Juarez, Del. Cuauhtemoc

Mexico,
D.F. C.P. 06600

	 	 
	with a copy to:	Gracin
        & Marlow, LLP

405
Lexington Avenue, 26th Floor

New
York, New York 10174

Attention:
Leslie Marlow, Esq. 

Facsimile:
(212) 208-4657

	 	 
	HOLDER:	Gibbs
        International, Inc.

9855
Warren H. Abernathy Highway

Spartanburg,.
South Carolina 29301

Attention:
Jimmy Gibbs

 

(6)
Payments. Except as otherwise provided in this Note, whenever any payment of cash is to be
made by the Company to any person pursuant to this Note, such payment shall be made in lawful money of the United States of America
by a check drawn on the account of the Company and sent via overnight courier service to such person at such address as previously
provided to the Company in writing; provided, that the Holder may elect to receive a payment of cash via wire transfer
of immediately available funds by providing the Company with prior written notice setting out such request and the Holder’s
wire transfer instructions. Whenever any amount expressed to be due by the terms of this Note is due on any day which is not a
business day, the same shall instead be due on the next succeeding day which is a business day.

 

15.           Cancellation. After all principal, interest and other amounts at any time owed on this Note have been paid in full, this Note. shall automatically
be deemed cancelled, shall be surrendered to the Company for cancellation and shall not be reissued.

 

16.           Severability.
If any provision of this Note is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent
jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the
broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect
the validity of the remaining provisions of this Note so· long as this Note as so modified continues to express, without
material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity
or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations
of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The patties will
endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s),
the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s).

 

    4  

     

    

 

IN
WITNESS WHEREOF, the Company has executed
and delivered
this Note on
the date and year first
above written.

 

	 	QPAGOS
	 	 	 
	 	By:	/s/ Gaston Pereira
	 	Name: 	Gaston Pereira
	 	Title: 	Chief Executive Officer

 

5

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