Document:

Exhibit
4.2

 

WARRANT
AGENT AGREEMENT

 

This
Warrant Agent Agreement (“Warrant Agreement”) is made as of [______________], 2020, by and between Lixte Biotechnology
Holdings, Inc., a Delaware corporation, with offices at 248 Route 25A, No.22 East Setauket, NY 11733 (the “Company”),
and Computershare Inc., a Delaware corporation, and its wholly-owned subsidiary Computershare Trust Company N.A. a federally chartered
trust company (collectively, the “Warrant Agent”).

 

WHEREAS,
the Company is engaged in its initial public offering (the “Public Offering”) of [        ] shares of common
stock, par value $0.0001 per share (the “Common Stock”) and [  ] warrants (the “Warrants”)
entitling its holder to purchase one share Common Stock for each whole warrant, subject to adjustment as set forth herein (the
“Warrant Shares”) (including the additional shares of Common Stock and Warrants issuable to the underwriter
if the underwriter’s over-allotment option is exercised);

 

WHEREAS,
the Company has filed, with the Securities and Exchange Commission (the “SEC”), a registration statement on
Form S-1 (Registration No. 333-24588) (as amended, the “Registration Statement”), for the registration, under
the Securities Act of 1933, as amended (the “Act”), of Common Stock, the Warrants and the Warrant Shares; and

 

WHEREAS,
the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection
with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

 

WHEREAS,
the Company desires to provide for the form and provisions of the Warrants, the terms upon which they shall be issued and exercised,
and the respective rights, limitation of rights and immunities of the Company, the Warrant Agent and the holders of the Warrants;
and

 

WHEREAS,
all acts and things have been done and performed which are necessary to make the Warrants, when executed on behalf of the Company
and countersigned by or on behalf of the Warrant Agent, as provided herein, the legally valid and binding obligations of the Company,
and to authorize the execution and delivery of this Warrant Agreement.

 

NOW,
THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:

 

1.
Appointment of Warrant Agent. The Company hereby appoints the Warrant Agent to act as agent for the Company for the Warrants,
and the Warrant Agent hereby accepts such appointment and agrees to perform the same in accordance with the express terms and
conditions set forth in this Warrant Agreement.

 

2.
Warrants.

 

2.1
Form of Warrant. Each Warrant shall be: (a) issued in registered form only, (b) in substantially the form of Exhibit
A attached hereto (a “Warrant Certificate”), the provisions of which are incorporated herein, (c) signed
by, or bear the facsimile signature of, the Chairman of the Board of Directors of the Company, the Chief Executive Officer, the
President, the Chief Financial Officer, the Treasurer or Secretary of the Company, and (d) signed manually or by facsimile signature
by the Warrant Agent. In the event the person whose facsimile signature has been placed upon any Warrant shall have ceased to
serve in the capacity in which such person signed the Warrant before such Warrant is issued, it may be issued with the same effect
as if he or she had not ceased to be such at the date of issuance.

 

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2.2
Effect of Countersignature. Unless and until countersigned by the manual or facsimile signature of the Warrant Agent pursuant
to this Warrant Agreement, a Warrant shall be invalid and of no effect and may not be exercised by the holder thereof.

 

2.3
Registration.

 

2.3.1
Warrant Register. The Warrant Agent shall maintain books (the “Warrant Register”), for the registration
of the original issuance and transfers of the Warrants. Upon the initial issuance of the Warrants, the Warrant Agent shall issue
and register the Warrants in the names of the respective holders thereof in such denominations and otherwise in accordance with
instructions delivered to the Warrant Agent by the Company. Except as provided in this Section 2.3.1, upon the initial
issuance of the Warrants, to the extent the Warrants are DTC eligible as of such date, all of the Warrants shall initially be
represented by one or more Warrant Certificates reflecting book-entry of ownership (each a “Book-Entry Warrant Certificate”),
deposited with the Depository Trust Company (the “Depository”) and registered in the name of Cede & Co.,
a nominee of the Depository. Ownership of beneficial interests in the Book-Entry Warrant Certificates shall be shown on, and the
transfer of such ownership shall be effected through, records maintained (i) by the Depository or its nominee for each Book-Entry
Warrant Certificate; (ii) by institutions that have accounts with the Depository (such institution, with respect to a Warrant
in its account, a “Participant”); or (iii) directly on the book-entry records of the Warrant Agent with respect
only to owners of beneficial interests that request such direct registration.

 

If
the Warrants are not DTC-eligible at the issuance date or the Depository subsequently ceases to make its book-entry settlement
system available for the Warrants, the Company may instruct the Warrant Agent regarding making other arrangements for book-entry
settlement within ten (10) Business Days (as defined below) after the Depository ceases to make its book-entry settlement available.
In the event that the Company does not make alternative arrangements for book-entry settlement within ten (10) Business Days,
or the Warrants are not eligible for, or it is no longer necessary to have the Warrants available in, book-entry form, the Warrant
Agent shall provide written instructions, upon receipt of instructions from the Company, to the Depository to deliver to the Warrant
Agent for cancellation each Book-Entry Warrant Certificate, and the Company shall instruct the Warrant Agent to deliver to the
Holder definitive Warrant Certificates in physical form evidencing such Warrants.

 

At
the request of any Holder of Warrants, submitted to the Warrant Agent via the Depositary as the initial Registered Holder as to
Book-Entry Warrants, the Company and Warrant Agent shall deliver to such purchaser definitive Warrant Certificates in physical
form, registered in the name of such purchaser, evidencing the Warrants purchased by such Holder. Such definitive Warrant Certificate
shall be dated the original issue date of the Warrants, shall be executed manually or by facsimile signature by an authorized
signatory of the Company, and countersigned by the manual or facsimile signature of the Warrant Agent, and shall be substantially
in the form attached hereto as Exhibit A.

 

2.3.2
Registered Holder; Beneficial Owners. Prior to due presentment for registration of transfer of any Warrant, the Company
and the Warrant Agent may deem and treat the Person (as defined in the Warrant Certificate) in whose name such Warrant shall be
registered upon the Warrant Register (“Registered Holder”) as the absolute owner of such Warrant and of each
Warrant represented thereby (notwithstanding any notation of ownership or other writing on the Warrant Certificate made by anyone
other than the Company or the Warrant Agent), for the purpose of any exercise thereof, and for all other purposes, and neither
the Company nor the Warrant Agent shall be affected by any notice to the contrary. The term “beneficial owner” shall
mean any Person in whose name ownership of a beneficial interest in the Warrants evidenced by (a) a Book-Entry Warrant Certificate
is recorded in the records maintained by the Depository or its nominee or a Participant or (b) a definitive Warrant Certificate
is recorded in the book-entry records of the Warrant Agent. Any reference herein to the term Holder or Registered Holder shall
include a beneficial owner who has received definitive Warrant Certificates registered in its name.

 

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2.4
Separate Issuance of Warrants. The Common Stock and the Warrants shall be issued separately and shall be transferable separately
immediately upon issuance. The Common Stock and the Warrants will begin to trade separately on or promptly after the date that
is the effective date of the Registration Statement.

 

2.5
Uncertificated Warrants. Notwithstanding the foregoing and anything else herein to the contrary, the Warrants may be issued
in uncertificated form if so specified by the Company.

 

2.6
Opinion of Counsel. The Company shall provide an opinion of counsel to the Warrant Agent prior to the issuance of the Warrants
to set up a reserve of Warrants and related Warrant Shares. The opinion shall state that all Warrants or Warrant Shares, as applicable,
are:

 

(a)
registered under the Securities Act of 1933, as amended, or are exempt from such registration, and all appropriate state securities
law filings have been made with respect to the warrants or shares; and

 

(b)
validly issued, fully paid and non-assessable.

 

3.
Terms and Exercise of Warrants.

 

3.1
Warrant Price. Each Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject
to the provisions of such Warrant and of this Warrant Agreement, to purchase from the Company the number of shares of Common Stock
stated therein, at the price of $[_] per whole share of Common Stock, subject to the adjustments provided in Section 4
hereof and in the last sentence of this Section 3.1. The term “Warrant Price” as used in this Warrant
Agreement refers to the price per whole share at which Common Stock may be purchased at the time such Warrant is exercised. The
Company, in its sole discretion, may lower the Warrant Price at any time prior to the Expiration Date (as defined below); provided,
that any such reduction remains in effect for no less than ten (10) Business Days and shall be identical in percentage terms among
all of the then outstanding Warrants. The Company shall promptly notify the Warrant Agent of any Warrant Price reduction.

 

3.2
Duration of Warrants. A Warrant may be exercised only during the period (“Exercise Period”) commencing
on the Initial Exercise Date (as defined in the Warrant Certificate) and terminating at 5:00 p.m., New York City time, on November
[__], 2025 (“Expiration Date”). Each Warrant not exercised on or before the Expiration Date shall become null
and void, and all rights thereunder and all rights in respect thereof under this Warrant Agreement shall cease at the close of
business on the Expiration Date. The Company may extend the duration of the Warrants by delaying the Expiration Date; provided,
however, that the Company will provide notice of not less than twenty (20) days to the Warrant Agent and Registered Holders of
such extension and that such extension shall be identical in duration among all of the then outstanding Warrants.

 

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3.3
Exercise of Warrants.

 

3.3.1
Payment. Subject to the provisions of the Warrant and this Warrant Agreement, a Warrant, when countersigned by the Warrant
Agent, may be exercised by the Registered Holder thereof by surrendering at the office of the Warrant Agent, or at the office
of its successor as Warrant Agent, at [  ], (i) the Warrant Certificate evidencing the Warrants to be exercised, or,
in the case of a Book-Entry Warrant Certificate, the Warrants to be exercised (the “Book-Entry Warrants”) shall
be exercised as described herein and Section 2(a) of the Warrant, (ii) the subscription form, as set forth in the Warrant Certificate
(the “Election to Purchase”), properly completed and duly executed by the Registered Holder on the reverse
of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance
with the Depository’s procedures, and (iii), unless the cashless exercise procedure specified in Section 2(c) of the Warrant
is specified in the applicable Notice of Exercise (a “Cashless Exercise”), payment in full, in lawful money
of the United States, in cash, by wire of same day funds or by certified or bank cashier’s check payable to the order of
the Company, the Warrant Price for such number of Warrant Shares totaling whole shares of Common Stock as to which the Warrant
is exercised and any and all applicable taxes due in connection with the exercise of the Warrant, the exchange of the Warrant
for the Warrant Shares, and the issuance of the Warrant Shares.. Notwithstanding any other provision in this Warrant Agreement,
a holder whose interest in a Book-Entry Warrant is a beneficial interest in a Book-Entry Warrant held through the Depositary (or
another established clearing corporation performing similar functions), shall effect exercises by delivering to the Depositary
(or such other clearing corporation, as applicable) the appropriate instruction form for exercise, complying with the procedures
to effect exercise that are required by Depositary (or such other clearing corporation, as applicable). Upon receipt of an Election
to Purchase for a Cashless Exercise, the Company will promptly calculate and transmit to the Warrant Agent the number of Warrant
Shares issuable in connection with such Cashless Exercise. The Warrant Agent shall have no duty or obligation to investigate or
confirm whether the Company’s determination of the number of Warrant Shares to be issued on such exercise is accurate or
correct.

 

3.3.2
Fractional Shares. Notwithstanding any provision to the contrary contained in this Warrant Agreement, the Company shall
not be required to issue any fractional shares of Common Stock in connection with the exercise of Warrants for Warrant Shares,
and in any case where the Registered Holder would be entitled under the terms of the Warrants to receive a fractional share of
Common Stock as a Warrant Share upon the exercise of such Registered Holder’s Warrants, issue or cause to be issued only
the largest whole number of aggregate Warrant Shares issuable on such exercise (and such remaining fractional shares will be disregarded);
provided, that if more than one Warrant Certificate is presented for exercise at the same time by the same Registered Holder,
the number of Warrant Shares which shall be issuable upon the exercise thereof shall be computed on the basis of the aggregate
number of Warrant Shares issuable on exercise of all such Warrants. The Company shall provide an initial funding of one thousand
dollars ($1,000) for the purpose of issuing cash in lieu of fractional shares. From time to time thereafter, the Warrant Agent
may request additional funding to cover payments for fractional Warrant Shares. The Warrant Agent shall have no obligation to
make such payments for fractional Warrant Shares unless the Company shall have provided the necessary funds to pay in full all
amounts due and payable with respect thereto.

 

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3.3.3
Issuance of Certificates. As soon as practicable after the exercise of any Warrant and the clearance of the funds in payment
of the Warrant Price, the Warrant Agent shall advise the Company and its transfer agent regarding (i) the number of Warrant Shares
issuable upon such exercise in accordance with the terms and conditions of this Warrant Agreement, (ii) the instructions of each
Holder or Participant, as they case may be, with respect to delivery of the Warrant Shares issuable upon such exercise, and the
delivery of definitive Warrant Certificates, as appropriate, evidencing the balance, if any, of the Warrants remaining after such
exercise, (iii) in case of a Book-Entry Warrant Certificate, the notation that shall be made to the records maintained by the
Depository, its nominee for each Book-Entry Warrant Certificate, or a Participant, as appropriate, evidencing the balance, if
any, of the Warrants remaining after such exercise and (iv) such other information as the Company or such transfer agent and registrar
shall reasonably require. Promptly thereafter and within the time period set forth in the Warrants, the Company shall instruct
its transfer agent to issue to the Registered Holder of such Warrant a certificate or certificates representing the number of
full shares of Common Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her
or it, provided, in lieu of delivering physical certificates representing the Warrant Shares issuable upon exercise, and provided
the Company’s transfer agent is participating in the Depository’s Fast Automated Securities Transfer program, the
Company shall use its commercially reasonable efforts to cause its transfer agent to electronically transmit the Warrant Shares
issuable upon exercise to the Registered Holder by crediting the account of the Participant of record with the Depository or through
its Deposit Withdrawal Agent Commission system. If such Warrant shall not have been exercised or surrendered in full, a new countersigned
Warrant Certificate for the number of shares as to which such Warrant shall not have been exercised or surrendered, or, in case
of a Book-Entry Warrant Certificate, a notation shall be made to the records maintained by the Depository or nominee for each
Book-Entry Warrant Certificate, as appropriate, evidencing the balance, if any, of the Warrants remaining after such exercise.
Notwithstanding the foregoing, the Company shall not be obligated to deliver any securities pursuant to the exercise of a Warrant
unless (a) a registration statement under the Act with respect to the Common Stock issuable upon exercise of such Warrants is
effective and a current prospectus relating to the shares of Common Stock issuable upon exercise of the Warrants is available
for delivery to the Registered Holder of the Warrant or (b) in the opinion of counsel to the Company, the exercise of the Warrants
is exempt from the registration requirements of the Act and such securities are qualified for sale or exempt from qualification
under applicable securities laws of the states or other jurisdictions in which the Registered Holder resides. Until otherwise
advised in writing by the Company, the Warrant Agent shall always be entitled to assume that either clause (a) or clause (b) is
in effect and shall incur no liability in making such assumption. Warrants may not be exercised by, or securities issued to, any
Registered Holder in any state in which such exercise or issuance would be unlawful. In the event a such exercise would be unlawful
with respect to a Registered Holder in any state, the Registered Holder shall not be entitled to exercise such Warrants and such
Warrants may have no value and expire worthless. In no event will the Company be obligated to pay such Registered Holder any cash
consideration upon exercise or otherwise “net cash settle” the Warrant.

 

3.3.4
Valid Issuance. The validity of any exercise of Warrants will be determined by the Company in its reasonable discretion.
The Warrant Agent shall notify a holder of any purported invalidity of any exercise of Warrants. All shares of Common Stock issued
upon the proper exercise or surrender of a Warrant in conformity with this Warrant Agreement shall be validly issued, fully paid
and nonassessable.

 

3.3.5
Date of Issuance. Each Person in whose name any shares of Common Stock is issued shall, for all purposes, be deemed to
have become the holder of record of such shares on the date on which the Warrant was surrendered and payment of the Warrant Price
was made, irrespective of the date of delivery of such certificate, except that, if the date of such surrender and payment is
a date when the stock transfer books of the Company are closed, such Person shall be deemed to have become the holder of such
shares at the close of business on the next succeeding date on which the stock transfer books are open (the “Exercise
Date”). If any of (i) the Warrant Certificate or the Book-Entry Warrants, (ii) the Election to Purchase, or (iii) the
Warrant Price therefor, is received by the Warrant Agent after 5:00 P.M., New York time, on the specified Exercise Date, the Warrants
will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date, subject to clearance of the
funds. If the date specified as the Exercise Date is not a Business Day, the Warrants will be deemed to be received and exercised
on the next succeeding day that is a Business Day, subject to clearance of the funds. If the Warrants are received or deemed to
be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Agent
will be returned to the Registered Holder as soon as practicable.

 

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3.3.6
Cost Basis Information.

 

(a)
In the event of a cash exercise, the Company hereby instructs the Warrant Agent to record cost basis for newly issued shares in
a manner to be subsequently communicated by the Company in writing to the Warrant Agent

 

(b)
In the event of a Cashless Exercise, the Company shall provide cost basis for shares issued pursuant to a cashless exercise at
the time the Company confirms the number of Warrant Shares issuable in connection with the cashless exercise to the Warrant Agent
pursuant to Section 3.3.1 hereof.

 

4.
Adjustments; Rights. The Warrant Shares and Warrant Price shall be subject to adjustment as provided for in the Warrant
Certificate, and the rights of Warrant holders as provided for in the Warrant Certificate are incorporated herein by reference
and shall be adhered to by the Company and the Warrant Agent. The Company hereby agrees that it will provide the Warrant Agent
with reasonable notice of any adjustment events. The Company further agrees that it will provide to the Warrant Agent with any
new or amended exercise terms. Whenever the Warrant Shares or Warrant Price or the number of shares of Common Stock issuable upon
the exercise of each Warrant is adjusted, the Company shall (a) promptly prepare a certificate setting forth the Warrant Price
of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the
Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent
to send a brief summary thereof to each Holder of a Warrant Certificate. The Warrant Agent shall be fully protected in relying
on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect
to, and shall not be deemed to have knowledge of any such adjustment or any such event unless and until it shall have received
such certificate.

 

5.
Transfer and Exchange of Warrants.

 

5.1
Transfer of Warrants. The Warrants may be transferred or exchanged separately from shares of Common Stock.

 

5.2
Registration of Transfer. The Warrant Agent shall register the transfer, from time to time, of any outstanding Warrant
into the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed
and accompanied by appropriate instructions for transfer, or properly noticed by the Depositary as contemplated by Section
5.3. Upon any such transfer, a new Warrant, representing an equal aggregate number of Warrants shall be issued and the old
Warrant shall be cancelled by the Warrant Agent. The Warrants so cancelled shall be delivered by the Warrant Agent to the Company
from time to time upon the Company’s request. A party requesting transfer of Warrants must provide any evidence of authority
that may be required by the Warrant Agent, including but not limited to, a signature guarantee from an eligible guarantor institution
participating in a signature guarantee program approved by the Securities Transfer Association.

 

5.3
Procedure for Surrender of Warrants. Warrants may be surrendered to the Warrant Agent, together with a written request
for exchange or transfer reasonably acceptable to Warrant Agent, duly executed by the registered holder thereof, or by a duly
authorized attorney, and, thereupon, the Warrant Agent shall issue in exchange therefor one or more new Warrants as requested
by the Registered Holder of the Warrants so surrendered, representing an equal aggregate number of Warrants; provided, however,
that, except as otherwise provided herein or in any Book-Entry Warrant Certificate, each Book-Entry Warrant Certificate may be
transferred only in whole and only to the Depository, to another nominee of the Depository, to a successor depository, or to a
nominee of a successor depository; provided further, that in the event a Warrant surrendered for transfer bears a restrictive
legend, the Warrant Agent shall not cancel such Warrant and shall issue new Warrants in exchange therefor until the Warrant Agent
has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Warrants
must also bear a restrictive legend. Notwithstanding anything else in this Section 5.3, in case of a Book-Entry Warrant, the holder
or Participant shall notify the Depositary in accordance with the Depository’s procedures of a requested transfer and the
Depositary shall provide notice to an account of the Warrant Agent at the Depository designated for such purpose in writing by
the Warrant Agent to the Depository from time to time, of a transfer to be recorded in the records maintained by the Depository,
its nominee for each Book-Entry Warrant Certificate, or a Participant, as appropriate, evidencing the balance, if any, of the
Warrants remaining after such transfer and the new name in which the transferred Book Entry Warrants are to be held.

 

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5.4
Fractional Warrants. The Warrant Agent shall not be required to effect any registration of transfer or exchange which will
result in the issuance of a Warrant Certificate or a Book-Entry Warrant Certificate for a fraction of a Warrant.

 

5.5
Warrant Execution and Countersignature. The Warrant Agent is hereby authorized to countersign and to deliver, in accordance
with the terms of this Warrant Agreement, the Warrants required to be issued pursuant to the provisions of this Section 5,
and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of
the Company for such purpose.

 

6.
Other Provisions Relating to Rights of Registered Holders of Warrants.

 

6.1
No Rights as Stockholder. A Warrant does not entitle the Registered Holder thereof to any of the rights of a stockholder
of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive
rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of
directors of the Company or any other matter.

 

6.2
Lost, Stolen Mutilated or Destroyed Warrants. If any Warrant is lost, stolen, mutilated or destroyed, the Company and the
Warrant Agent may, absent notice to Warrant Agent that such certificates have been acquired by a bona fide purchaser, on such
terms as to indemnity or otherwise as they may in their discretion impose (which terms shall in all cases include posting of a
lost security bond by or on behalf of the Registered Holder, and in the case of a mutilated Warrant, include the surrender thereof),
issue a new Warrant of like denomination, tenor and date as the Warrant so lost, stolen, mutilated or destroyed. Any such new
Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated
or destroyed Warrant shall be at any time enforceable by anyone.

 

6.3
Reservation of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued
shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this
Warrant Agreement.

 

6.4
Registration of Common Stock. The Company agrees to use its commercially reasonable efforts to maintain the effectiveness
of the Registration Statement until the expiration of the Warrants in accordance with the provisions of this Warrant Agreement;
provided, however, that the Company shall not have penalties for failure to deliver Common Stock if a registration statement is
not effective or a current prospectus is not on file with the SEC at the time of exercise by the Registered Holder. In addition,
to the extent not completed at the time of the initial issuance of the Warrants, the Company agrees to use its reasonable efforts
to register such securities under the blue sky laws of the states of residence of the exercising Registered Holders to the extent
an exemption under the Act is not available for the exercise of the Warrants. In no event will the Registered Holder of a Warrant
be entitled to receive a net-cash settlement or shares of Common Stock or other consideration as of result of the Company’s
non-compliance with this Section 6.4. The provisions of this Section 6.4 may not be modified, amended or deleted
without the prior written consent of The Benchmark Company, LLC, the lead underwriter of the Public Offering (the “Underwriter”).

 

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7.
Concerning the Warrant Agent and Other Matters.

 

7.1
Payment of Taxes. The Company will, from time to time, promptly pay all taxes and charges that may be imposed upon the
Company or the Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of Warrants, but
neither the Company nor the Warrant Agent shall be obligated to pay any transfer taxes in respect of the Warrants or such shares.
The Warrant Agent shall not register any transfer or issue or deliver any Warrant Certificate(s) or Warrant Shares unless or until
the Persons requesting the registration or issuance shall have paid to the Warrant Agent for the account of the Company the amount
of such tax, if any, or shall have established to the reasonable satisfaction of the Company and the Warrant Agent that such tax,
if any, has been paid.

 

7.2
Resignation, Consolidation, or Merger of Warrant Agent.

 

7.2.1
Appointment of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties
and be discharged from all further duties and liabilities hereunder after giving thirty (30) days’ notice in writing to
the Company. If the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall
appoint, in writing, a successor Warrant Agent in place of the Warrant Agent. If the Company shall fail to make such appointment
within a period of thirty (30) days after it has been notified in writing of such resignation or incapacity by the Warrant Agent
or by the Registered Holder of the Warrant (who shall, with such notice, submit his, her or its Warrant for inspection by the
Company), then the Registered Holder of any Warrant may apply to the Supreme Court of the State of New York for the County of
New York for the appointment of a successor Warrant Agent. Any successor Warrant Agent, whether appointed by the Company or by
such court, shall be an entity authorized under applicable laws to exercise the powers of a transfer agent and subject to supervision
or examination by federal or state authorities. After appointment, any successor Warrant Agent shall be vested with all the authority,
powers, rights, immunities, duties and obligations of its predecessor Warrant Agent with like effect as if originally named as
Warrant Agent hereunder, without any further act or deed; but, if for any reason it becomes necessary or appropriate, the predecessor
Warrant Agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor Warrant Agent
all the authority, powers, and rights of such predecessor Warrant Agent hereunder; and, upon request of any successor Warrant
Agent, the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully and effectually
vesting in and confirming to such successor Warrant Agent all such authority, powers, rights, immunities, duties and obligations.

 

7.2.2
Notice of Successor Warrant Agent. In the event a successor Warrant Agent shall be appointed, the Company shall give notice
thereof to the predecessor Warrant Agent and the transfer agent for the Common Stock not later than thirty (30) days before the
effective date of any such appointment.

 

7.2.3
Merger or Consolidation of Warrant Agent. Any Person into which the Warrant Agent may be merged or with which it may be
consolidated or any Person resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the
successor Warrant Agent under this Warrant Agreement without any further act on the part of the Company or the Warrant Agent.

 

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7.2.4
Confidentiality. The Warrant Agent and the Company agree that all books, records, information and data pertaining to the
business of the other party, including inter alia, personal, non-public Holder information, which are exchanged or received pursuant
to the negotiation or the carrying out of this Warrant Agreement shall remain confidential, and shall not be voluntarily disclosed
to any other Person, except as may be required by law, including, without limitation, pursuant to subpoenas from state or federal
government authorities.

 

7.3
Fees and Expenses of Warrant Agent.

 

7.3.1
Remuneration. The Company agrees to pay the Warrant Agent reasonable remuneration for its services as Warrant Agent hereunder
as set forth on Exhibit B hereto and will reimburse the Warrant Agent upon demand for all expenditures that the Warrant
Agent may reasonably incur in the execution of its duties hereunder.

 

7.3.2
Further Assurances. The Company agrees to perform, execute, acknowledge and deliver, or cause to be performed, executed,
acknowledged and delivered, all such further and other acts, instruments and assurances as may reasonably be required by the Warrant
Agent for the carrying out or performing of the provisions of this Warrant Agreement.

 

7.4
Liability of Warrant Agent.

 

7.4.1
Reliance on Company Statement. Whenever, in the performance of its duties under this Warrant Agreement, the Warrant Agent
shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering
any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be
deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, Chief Financial Officer
or Chairman of the Board of the Company and delivered to the Warrant Agent. The Warrant Agent may rely upon, and be held harmless
for such reliance, such statement for any action taken or suffered or omitted to be taken by it in the absence of bad faith pursuant
to the provisions of this Warrant Agreement, and shall not be held liable in connection with any delay in receiving such statement.

 

7.4.2
Indemnity. The Warrant Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith
(each as determined by a final judgment of a court of competent jurisdiction). The Company covenants and agrees to indemnify the
Warrant Agent and hold it harmless against any and all liabilities, including judgments, losses, damages, costs, expenses, and
reasonable counsel fees, which may be paid, incurred or suffered by or to which it may become subject, arising from or out of,
directly or indirectly, any claims or liability resulting from its actions as Warrant Agent pursuant hereto; provided, that such
covenant and agreement does not extend to, and the Warrant Agent shall not be indemnified with respect to, such costs, expenses,
losses and damages incurred or suffered by the Warrant Agent as a result of, or arising out of, its gross negligence, willful
misconduct or bad faith (each as determined by a final judgment of a court of competent jurisdiction).

 

7.4.3
Exclusions. The Warrant Agent shall have no responsibility with respect to the validity of this Warrant Agreement or with
respect to the validity or execution of any Warrant (except its countersignature thereof); nor shall it be responsible for any
breach by the Company of any covenant or condition contained in this Warrant Agreement or in any Warrant; nor shall it be responsible
to make any adjustments required under the provisions of Section 4 hereof or responsible for the manner, method or amount
of any such adjustment or the ascertaining of the existence of facts that would require any such adjustment; nor shall it, by
any act hereunder, be deemed to make any representation or warranty as to the authorization or reservation of any shares of Common
Stock to be issued pursuant to this Warrant Agreement or any Warrant or as to whether any shares of Common Stock will when issued
be valid and fully paid and nonassessable.

 

    	9

     

    

 

7.4.4
Instructions. From time to time, the Company may provide the Warrant Agent with instructions concerning the services performed
by the Warrant Agent hereunder. In addition, at any time the Warrant Agent may apply to any officer of Company for instruction,
and may consult with legal counsel for the Warrant Agent or the Company with respect to any matter arising in connection with
the services to be performed by the Warrant Agent under this Warrant Agreement. Warrant Agent and its agents and subcontractors
shall not be liable and shall be indemnified by Company for any action taken, suffered or omitted to be taken by Warrant Agent
in reliance upon any Company instructions or upon the advice or opinion of such counsel. Warrant Agent shall not be held to have
notice of any change of authority of any Person, until receipt of written notice thereof from Company.

 

7.4.5
Rights and Duties of Warrant Agent. (a) The Warrant Agent may consult with legal counsel (who may be legal counsel for the Company),
and the advice or opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent as to any
action taken, suffered or omitted by it in accordance with such advice or opinion.

 

(b)
The Warrant Agent shall not be liable for or by reason of any of the statements of fact or recitals contained in this Warrant
Agreement or in the Warrant Certificates (except its countersignature thereof) or be required to verify the same, and all such
statements and recitals are and shall be deemed to have been made by the Company only.

 

(c)
The Warrant Agent shall not be required to take notice or be deemed to have notice of any event or condition hereunder, including
any event or condition that may require action by the Warrant Agent, unless the Warrant Agent shall be specifically notified in
writing of such event or condition by the Company, and all notices or other instruments required by this Warrant Agreement to
be delivered to the Warrant Agent must, in order to be effective, be received by the Warrant Agent as specified in Section 8.2
hereof, and in the absence of such notice so delivered, the Warrant Agent may conclusively assume no such event or condition exists.

 

(d)
The Warrant Agent and any stockholder, director, officer or employee of the Warrant Agent may buy, sell or deal in any of the
Warrants or other securities of the Company or become pecuniarily interested in any transaction in which the Company may be interested,
or contract with or lend money to the Company or otherwise act as fully and freely as though it were not Warrant Agent under this
Warrant Agreement. Nothing herein shall preclude the Warrant Agent from acting in any other capacity for the Company or for any
other legal entity.

 

(e)
The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either
itself or by or through its attorney or agents, and the Warrant Agent shall not be answerable or accountable for any act, default,
neglect or misconduct of any such attorney or agents or for any loss to the Company resulting from any such act, default, neglect
or misconduct, absent gross negligence, bad faith or willful misconduct (each as determined by a final judgment of a court of
competent jurisdiction) in the selection and continued employment thereof.

 

(f)
The Warrant Agent may rely on and shall be held harmless and protected and shall incur no liability for or in respect of any action
taken, suffered or omitted to be taken by it in reliance upon any certificate, statement, instrument, opinion, notice, letter,
facsimile transmission or other document, or any security delivered to it, and believed by it to be genuine and to have been made
or signed by the proper party or parties, or upon any written or oral instructions or statements from the Company with respect
to any matter relating to its acting as Warrant Agent hereunder.

 

    	10

     

    

 

(g)
The Warrant Agent shall not be obligated to expend or risk its own funds or to take any action that it believes would expose or
subject it to expense or liability or to a risk of incurring expense or liability, unless it has been furnished with assurances
of repayment or indemnity satisfactory to it.

 

(h)
The Warrant Agent shall not be liable or responsible for any failure of the Company to comply with any of its obligations relating
to any registration statement filed with the SEC or this Warrant Agreement, including without limitation obligations under applicable
regulation or law.

 

(i)
The Warrant Agent shall not be accountable or under any duty or responsibility for the use by the Company of any Warrants authenticated
by the Warrant Agent and delivered by it to the Company pursuant to this Warrant Agreement or for the application by the Company
of the proceeds of the issue and sale, or exercise, of the Warrants.

 

(j)
The Warrant Agent shall act hereunder solely as agent for the Company, and its duties shall be determined solely by the express
provisions hereof (and no duties or obligations shall be inferred or implied). The Warrant Agent shall not assume any obligations
or relationship of agency or trust with any of the owners or holders of the Warrants.

 

(k)
The Warrant Agent may rely on and be fully authorized and protected in acting or failing to act upon (a) any guaranty of signature
by an “eligible guarantor institution” that is a member or participant in the Securities Transfer Agents Medallion
Program or other comparable “signature guarantee program” or insurance program in addition to, or in substitution
for, the foregoing; or (b) any law, act, regulation or any interpretation of the same even though such law, act, or regulation
may thereafter have been altered, changed, amended or repealed.

 

(l)
In the event the Warrant Agent believes any ambiguity or uncertainty exists hereunder or in any notice, instruction, direction,
request or other communication, paper or document received by the Warrant Agent hereunder, the Warrant Agent, may, in its sole
discretion, refrain from taking any action, and shall be fully protected and shall not be liable in any way to Company, the holder
of any Warrant Certificate or Book-Entry Warrant Certificate or any other Person for refraining from taking such action, unless
the Warrant Agent receives written instructions signed by the Company which eliminates such ambiguity or uncertainty to the satisfaction
of Warrant Agent.

 

(m)
Notwithstanding anything contained herein to the contrary, the Warrant Agent’s aggregate liability during any term of this
Warrant Agreement with respect to, arising from, or arising in connection with this Warrant Agreement, or from all services provided
or omitted to be provided under this Warrant Agreement, whether in contract, or in tort, or otherwise, is limited to, and shall
not exceed, the amounts paid hereunder by the Company to the Warrant Agent as fees and charges, but not including reimbursable
expenses, during the twelve (12) months immediately preceding the event for which recovery from the Warrant Agent is being sought.
Neither party to this Warrant Agreement shall be liable to the other party for any consequential, indirect, special, punitive
or incidental damages under any provisions of this Warrant Agreement or for any consequential, indirect, punitive, special or
incidental damages arising out of any act or failure to act hereunder even if that party has been advised of or has foreseen the
possibility or likelihood of such damages.

 

    	11

     

    

 

7.5
Acceptance of Agency. The Warrant Agent hereby accepts the agency established by this Warrant Agreement and agrees to perform
the same upon the express terms and conditions herein set forth and, among other things, shall account promptly to the Company
with respect to Warrants exercised and concurrently account for, and forward to the Company all moneys received for warrant exercises
in a given month by the 5th business day of the following month by wire transfer to an account designated by the Company.

 

7.6
Survival. The Warrant Agent’s indemnities, immunities and protections provided by this Section 7 shall survive the
resignation or discharge of the Warrant Agent or the termination of this Warrant Agreement.

 

8.
Miscellaneous Provisions.

 

8.1
Successors. All the covenants and provisions of this Warrant Agreement by or for the benefit of the Company or the Warrant
Agent shall bind and inure to the benefit of their respective successors and assigns.

 

8.2
Notices. Any notice, statement or demand authorized by this Warrant Agreement to be given or made by the Warrant Agent
or by the Registered Holder of any Warrant to or on the Company shall be delivered by hand or sent by registered or certified
mail or overnight courier service, addressed (until another address is filed in writing by the Company with the Warrant Agent)
as follows

 

Lixte
Biotechnology Holdings, Inc.

 

248
Route 25A, No.22

 

East
Setauket, NY 11733

 

Attention:
Chief Financial Officer

 

Any
notice, statement or demand authorized by this Warrant Agreement to be given or made by the Registered Holder of any Warrant or
by the Company to or on the Warrant Agent shall be delivered by hand or sent by registered or certified mail or overnight courier
service, addressed (until another address is filed in writing by the Warrant Agent with the Company), as follows:

 

Computershare
Inc.

 

Computershare
Trust Company, N.A.

 

150
Royall Street

 

Canton,
MA 02021

 

Attention:
Client Services

 

Any
notice, sent by the Warrant Agent pursuant to this Warrant Agreement shall be effective when sent. Any other notice, sent pursuant
to this Warrant Agreement shall be effective, if delivered by hand, upon receipt thereof by the party to whom it is addressed,
if sent by overnight courier, on the next Business Day of the delivery to the courier, and if sent by registered or certified
mail on the third day after registration or certification thereof.

 

    	12

     

    

 

8.3
Applicable Law. The validity, interpretation, and performance of this Warrant Agreement and of the Warrants shall be governed
in all respects by the laws of the State of New York, without giving effect to conflict of laws. The Company and the Warrant Agent
hereby agree that any action, proceeding or claim against either of them arising out of or relating in any way to this Warrant
Agreement shall be brought and enforced in the courts of the State of New York or the United States District Court for the Southern
District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The Company and the
Warrant Agent hereby waive any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum.
Any such process or summons to be served upon the Company or the Warrant Agent may be served by transmitting a copy thereof by
registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth in Section 8.2
hereof. Such mailing shall be deemed personal service and shall be legal and binding upon the Company and the Warrant Agent in
any action, proceeding or claim.

 

8.4
Persons Having Rights under this Warrant Agreement. Nothing in this Warrant Agreement expressed and nothing that may be
implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any Person other than
the parties hereto and the Registered Holders of the Warrants and, for the purposes of Sections 6.4, 8.2 and 8.8
hereof, the Underwriter, any right, remedy, or claim under or by reason of this Warrant Agreement or of any covenant, condition,
stipulation, promise, or agreement hereof. The Underwriter shall be deemed to be a third-party beneficiary of this Warrant Agreement
with respect to Sections 6.4, 8.2 and 8.8 hereof. All covenants, conditions, stipulations, promises, and
agreements contained in this Warrant Agreement shall be for the sole and exclusive benefit of the parties hereto (and the Underwriter
with respect to the Sections 6.4, 8.2 and 8.8 hereof) and its successors and assigns and of the Registered Holders
of the Warrants.

 

8.5
Examination of the Warrant Agreement. A copy of this Warrant Agreement shall be available at all reasonable times at the
office of the Warrant Agent for inspection by the Registered Holder of any Warrant. The Warrant Agent may require any such Registered
Holder to submit his, her or its Warrant for inspection.

 

8.6
Counterparts; Facsimile Signatures. This Warrant Agreement may be executed in any number of counterparts, and each of such
counterparts shall, for all purposes, be deemed to be an original, and all such counterparts shall together constitute one and
the same instrument. Facsimile or electronic signatures shall constitute original signatures for all purposes of this Warrant
Agreement and shall have the same authority, effect and enforceability as an original signature.

 

8.7
Effect of Headings. The section headings herein are for convenience only and are not part of this Warrant Agreement and
shall not affect the interpretation thereof

 

8.8
Amendments. This Warrant Agreement and any Warrant certificate may be amended by the parties hereto by executing a supplemental
warrant agreement (a “Supplemental Agreement”), without the consent of any of the Warrant Holders, for the
purpose of (i) curing any ambiguity, or curing, correcting or supplementing any defective provision contained herein, or making
any other provisions with respect to matters or questions arising under this Warrant Agreement that is not inconsistent with the
provisions of this Warrant Agreement or the Warrant certificates, (ii) evidencing the succession of another entity to the Company
and the assumption by any such successor of the covenants of the Company contained in this Warrant Agreement and the Warrants,
(iii) evidencing and providing for the acceptance of appointment by a successor Warrant Agent with respect to the Warrants, (iv)
adding to the covenants of the Company for the benefit of the Registered Holders or surrendering any right or power conferred
upon the Company under this Warrant Agreement, or (viii) amending this Warrant Agreement and the Warrants in any manner that the
Company may deem to be necessary or desirable and that will not adversely affect the interests of the Registered Holders in any
material respect. All other modifications or amendments, including any amendment to increase the Warrant Price or shorten the
Exercise Period, shall require the written consent of the Registered Holders representing at least of 50.1% of the Warrant Shares
issuable under the Warrants then outstanding. Notwithstanding the foregoing, the Company may lower the Warrant Price or extend
the duration of the Exercise Period in accordance with Sections 3.1 and 3.2, respectively, without such consent.
As a condition precedent to the Warrant Agent’s execution of any amendment, the Company shall deliver to the Warrant Agent
a certificate from a duly authorized officer of the Company that states that the proposed amendment is in compliance with the
terms of this Section 8.8.

 

    	13

     

    

 

8.9
Severability. This Warrant Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision
hereof shall not affect the validity or enforceability of this Warrant Agreement or of any other term or provision hereof. Furthermore,
in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part
of this Warrant Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be
valid and enforceable.

 

8.10
Business Day. For purposes of this Warrant Agreement, a “Business Day” is any day other than a Saturday,
Sunday or a day on which commercial banks in The City of New York are authorized or required by law to remain closed; provided,
however, for clarification, commercial banks shall not be deemed to be authorized or required by law to remain closed due to “stay
at home”, “shelter-in-place”, “non-essential employee” or any other similar orders or restrictions
or the closure of any physical branch locations at the direction of any governmental authority so long as the electronic funds
transfer systems (including for wire transfers) of commercial banks in The City of New York generally are open for use by customers
on such day.

 

8.11
Bank Accounts. All funds received by Computershare Inc. under this Warrant Agreement that are to be distributed or applied
by Computershare Inc. in the performance of its services hereunder (the “Funds”) shall be held by Computershare
Inc. as agent for the Company and deposited in one or more bank accounts to be maintained by Computershare Inc. in its name as
agent for the Company. Until paid pursuant to the terms of this Warrant Agreement, Computershare will hold the Funds through such
accounts in: deposit accounts of commercial banks with Tier 1 capital exceeding $1 billion or with an average rating above investment
grade by S&P (LT Local Issuer Credit Rating), Moody’s (Long Term Rating) and Fitch Ratings, Inc. (LT Issuer Default
Rating) (each as reported by Bloomberg Finance L.P.). Computershare Inc. shall have no responsibility or liability for any diminution
of the Funds that may result from any deposit made by Computershare Inc. in accordance with this paragraph, including any losses
resulting from a default by any bank, financial institution or other third party. Computershare Inc. may from time to time receive
interest, dividends or other earnings in connection with such deposits. Computershare Inc. shall not be obligated to pay such
interest, dividends or earnings to the Company, any holder of Warrants or any other party.

 

8.12
Force Majeure. Notwithstanding anything to the contrary contained herein, the Warrant Agent will not be liable for any
delays or failures in performance resulting from acts beyond its reasonable control including, without limitation, acts of God,
pandemics, epidemics, terrorist acts, shortage of supply, breakdowns or malfunctions, interruptions or malfunction of computer
facilities, or loss of data due to power failures or mechanical difficulties with information storage or retrieval systems, labor
difficulties, war, or civil unrest.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	14

     

    

 

IN
WITNESS WHEREOF, this Warrant Agreement has been duly executed by the patties hereto as of the day and year first above written.

 

	 	LIXTE
    BIOTECHNOLOGY HOLDINGS, INC.
	 	 
	 	By:	                      
	 	Name:	 
	 	Title:	 

 

	 	COMPUTERSHARE
    TRUST COMPANY, N.A and
	 	COMPUTERSHARE
    INC.
	 	 
	 	By:	                        
	 	Name:	 
	 	Title:	 

 

    	 

     

    

 

EXHIBIT
A

 

Form
of Warrant Certificate

 

[attached
hereto]

 

    	 

     

    

 

EXHIBIT
B

 

Warrant
Agent Fees

 

[to
be provided]Exhibit
10.20

 

NEITHER
THE ISSUANCE NOR SALE OF THE SECURITIES REPRESENTED BY THIS NOTE, NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE,
HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT
BE OFFERED FOR SALE, SOLD, TRANSFERRED, OR ASSIGNED (i) IN THE ABSENCE OF (a) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR, (b) AN OPINION OF COUNSEL (SELECTED BY HOLDER), IN A GENERALLY ACCEPTABLE FORM,
THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT; OR, (ii) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES.

 

	Principal
    Amount: $325,000.00	Issue
    Date: 30 September 2020

 

30
SEPTEMBER 2020 EXCHANGE CONVERTIBLE PROMISSORY NOTE

 

BINDING
RECITALS AND AGREEMENTS

 

	A.	Borrower
    previously issued in favor of GRANITE GLOBAL VALUE INVESTMENTS LTD., a British Virgin Islands company (“Granite”)
    that certain Lender Note Dated 18 March 2020 in the original principal amount of One Hundred Twenty Five Thousand Dollars
    ($125,000) with a maturity date of 18 December 2020 (the “Original Note”). 
	 	 
	B.	Concurrent
    with the issuance of the Original Note to Granite, Borrower also issued in favor of Granite that certain Common Stock Purchase
    Warrant dated 18 March 2020 for the issuance of two hundred fifty thousand (250,0000) shares of Borrower common stock (the
    “Warrant”).
	 	 
	C.	Pursuant
    to an Assignment Agreement dated 30 September 2020 by and between Granite and Holder, Holder acquired any and all rights arising
    under and related to the Original Note and the Warrant, with Granite no rights whatsoever in, under, or related to the Original
    Note and the Warrant. 
	 	 
	D.	This
    Exchange Note is issued solely in exchange for the Original Note and the Warrant, and is expressly intended to satisfy all
    applicable requirements of Section 3(a)(9) of the Securities Act of 1933, as amended from time-to-time (the “Act”).
    
	 	 
	E.	No
    commission or other remuneration has been, or will be, paid or given directly or indirectly for soliciting the exchange of
    the Original Note and the Warrant for this Exchange Note. 
	 	 
	F.	This
    30 September 2020 Exchange Convertible Promissory Note is referred to herein as the “Exchange Note”).

 

GENERAL
TERMS FOR THE NOTE

 

Solely
in exchange for the Original Note and the Warrant, and for no other consideration, DATA443 RISK MITIGATION, INC., a Nevada
corporation (“Borrower”, or “Company”), hereby promises to pay to the order of BLUE CITI
LLC, a New York limited liability company, or its registered assigns (the “Holder”), on the twelve (12)
month anniversary of the Issue Date (the “Maturity Date”), the sum of Three Hundred Twenty Five Thousand Dollars
($325,000), as set forth herein. No interest shall accrue on the outstanding principal balance hereunder except in the event of
an Event of Default, as provided under Section 3.22, below. 

 

    	1

     

    

 

All
payments due hereunder shall be made in lawful money of the United States of America, at such address as Holder shall hereafter
give to Borrower by written notice made in accordance with the provisions of this Exchange Note. Whenever any amount expressed
to be due by the terms of this Exchange 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 and, in the case of any interest payment date which is not the date on which this
Exchange Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes of determining
the amount of interest due on such date. As used in this Exchange Note, the term “business day” shall mean any day
other than a Saturday, Sunday or a day on which commercial banks in the City of New York, New York are authorized or required
by law or executive order to remain closed.

 

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

 

The
following additional terms and conditions shall apply to this Exchange Note:

 

ARTICLE
I. CONVERSION RIGHTS

 

1.1.
Conversion Right. Holder shall have the right, in its sole and absolute discretion, and at any time after the Issue
Date to convert all or any part of the outstanding amount due under this Exchange Note into fully paid and non-assessable shares
of common stock of Borrower, as such common stock exists on the Issue Date (“Common Stock”), or any shares
of capital stock or other securities of Borrower into which such Common Stock shall hereafter be changed or reclassified at the
conversion price determined as provided herein (a “Conversion”). However, in no event shall Holder be
entitled to convert any portion of this Exchange Note in excess of that portion of this Exchange Note upon conversion of which
the sum of (1) the number of shares of Common Stock beneficially owned by Holder and its affiliates (other than shares of Common
Stock which may be deemed beneficially owned through the ownership of the unconverted portion of the Exchange Note or the unexercised
or unconverted portion of any other security of Borrower subject to a limitation on conversion or exercise analogous to the limitations
contained herein), and (2) the number of shares of Common Stock issuable upon the conversion of the portion of this Exchange Note
with respect to which the determination of this proviso is being made, would result in beneficial ownership by Holder and its
affiliates of more than 4.99% of the outstanding shares of Common Stock. For purposes of this Exchange Note, beneficial ownership
shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and Regulation 13D-G thereunder, except as otherwise provided in clause (1), above. However, the limitations
on conversion may be waived by Holder upon, at the election of Holder, not less than 61 days’ prior notice to Borrower,
and the provisions of the conversion limitation shall continue to apply until such 61st day (or such later date, as
determined by Holder, as may be specified in such notice of waiver). The number of shares of Common Stock to be issued upon each
Conversion of this Exchange Note (“Conversion Shares”) shall be determined by dividing the Conversion Amount
(as defined below) by the applicable Conversion Price then in effect on the date specified in the notice of conversion, in the
form attached hereto as Exhibit A (the “Notice of Conversion”), delivered to Borrower by Holder in accordance
with Section 1.4 below; provided that the Notice of Conversion is submitted by facsimile or E-Mail (or by other means resulting
in, or reasonably expected to result in, notice) to Borrower before 11:59 p.m., New York, New York time on such conversion date
(the “Conversion Date”). The term “Conversion Amount” means, with respect to any Conversion
of this Exchange Note, the sum of (1) the principal amount of this Exchange Note to be converted in such Conversion; plus
(2) accrued and unpaid Default Interest, if any, on such principal amount being converted at the interest rates provided in this
Exchange Note to the Conversion Date; plus (3) at Holder’s option, any amounts owed to Holder pursuant to Section
1.4(g) hereof.

 

    	2

     

    

 

1.2.
Conversion Price.

 

a)
Calculation of Conversion Price. For purposes hereof, the conversion price hereunder (the “Conversion Price”)
shall equal the lowest trade price of the Common Stock on the Principal Market during the five (5) consecutive Trading Days immediately
preceding the Conversion Date, though in no event less than $0.007. If an Event of Default under Article III of this Exchange
Note has occurred, Holder, in its sole discretion, may elect to use a Conversion Price with a discount factor of twenty percent
(20%), though still with the minimum price of $0.007. If Borrower’s Common Stock is not traded on the Pink Sheets or OTCQB
or an equivalent marketplace, NASDAQ, NYSE, or AMEX, then such sale price shall be the sale price of such security on the principal
securities exchange or trading market where such security is listed or traded or, if no sale price of such security is available
in any of the foregoing manners, the average of the closing bid prices of any market makers for such security that are listed
in the “Pink Sheets” by OTC Markets. If such sale price cannot be calculated for such security on such date in the
manner provided above, such price shall be the fair market value as mutually determined by Borrower and Holder. If Borrower’s
Common Stock is chilled for deposit at DTC, becomes chilled at any point while this Exchange Note remains outstanding or deposit
or other additional fees are payable due to a Yield Sign, Stop Sign or other trading restrictions, then such discount factor shall
be forty percent (40%). In the event that the shares of Borrower’s Common Stock are not deliverable via DWAC following the
conversion of any amount hereunder, an additional five percent (5%) discount will be attributed to the Conversion Price.

 

b)
Cooperation. Borrower agrees to cooperate with all conversions hereunder, and that it will take all reasonable steps necessary
or appropriate, including providing a board of directors resolution authorizing the issuance of common stock to Holder. So long
as the requested sale may be made pursuant to Rule 144 as promulgated by the SEC, as such Rule 144 may be in effect from time
to time (“Rule 144”), Borrower agrees to accept an opinion of counsel to Holder confirming the rights of Holder
to sell shares of Common Stock issuable or issued to Holder on conversion of this Exchange Note pursuant to Rule 144, which opinion
will be issued at Borrower’s expense and the conversion dollar amount will be reduced by $500.00 to cover the cost of such
legal opinion. “Trading Day” shall mean any day on which the Common Stock is tradable for any period on the
principal securities exchange or other securities market on which the Common Stock is then traded.

 

c)
Additional Principal. If at any time the Conversion Price as determined hereunder for any Conversion would be less than
the par value of the Common Stock, then the Conversion Price hereunder shall equal such par value for such Conversion and the
Conversion Amount for such Conversion shall be increased to include Additional Principal, where “Additional Principal”
means such additional amount to be added to the Conversion Amount to the extent necessary to cause the number of Conversion Shares
issuable upon such Conversion to equal the same number of Conversion Shares as would have been issued had the Conversion Price
not been subject to the minimum price set forth in this Section 1.2(c).

 

d)
Failure to Timely Deliver. Without in any way limiting Holder’s right to pursue other remedies, including actual
damages and/or equitable relief, the parties agree that if delivery of the Common Stock issuable upon conversion of this Exchange
Note is not delivered by the Deadline (as defined below) Borrower shall pay to Holder $1,000.00 per day in cash, for each day
beyond the Deadline that Borrower fails to deliver such Common Stock. Such cash amount shall be paid to Holder by the fifth day
of the month following the month in which it has accrued or, at the option of Holder, shall be added to the principal amount of
this Exchange Note, in which event such additional principal amount shall be convertible into Common Stock in accordance with
the terms of this Exchange Note. Borrower agrees that the right to convert this Exchange Note is a valuable right to Holder. The
damages resulting from a failure, attempt to frustrate, or interference with such conversion right are difficult if not impossible
to quantify. Accordingly, the parties acknowledge the liquidated damages provision contained herein is justified.

 

    	3

     

    

 

1.3.
Authorized Shares; Reserved Amount. Borrower covenants that at all times while this Exchange Note is outstanding it
will have a sufficient number of shares of authorized and unissued Common Stock, free from preemptive rights, to provide for the
issuance of Common Stock upon the full conversion or adjustment of this Exchange Note. Borrower shall maintain a separate reserve
of shares of Common Stock with Borrower’s transfer agent exclusively under this Exchange Note, with said amount of reserve
to be the lesser of (i) fifty million (50,000,000) shares of Common Stock; or, (ii) that number of shares of Common Stock needed
to fully convert all amounts due hereunder. Borrower shall provide to it transfer agent irrevocable written instructions to enforce
this Section 1.3 and all other conversion provisions hererunder. 

 

1.4.
Method of Conversion.

 

a)
Mechanics of Conversion. Subject to Section 1.1, this Exchange Note may be converted by Holder in whole or in part at any
time following the Issue Date by submitting to Borrower a Notice of Conversion by facsimile, E-Mail or other reasonable means
of communication dispatched on the Conversion Date prior to 11:59 p.m., New York, New York time.

 

b)
Book Entry upon Conversion. Notwithstanding anything to the contrary set forth herein, upon conversion of this Exchange
Note in accordance with the terms hereof, Holder shall not be required to physically surrender this Exchange Note to Borrower
unless the entire unpaid principal amount of this Exchange Note is so converted. Holder and Borrower shall maintain records showing
the principal amount so converted and the dates of such conversions or shall use such other method, reasonably satisfactory to
Holder and Borrower, so as not to require physical surrender of this Exchange Note upon each such conversion. In the event of
any dispute or discrepancy, such records of Borrower shall, prima facie, be controlling and determinative in the absence
of manifest error. Notwithstanding the foregoing, if any portion of this Exchange Note is converted as aforesaid, Holder may not
transfer this Exchange Note unless Holder first physically surrenders this Exchange Note to Borrower, whereupon Borrower will
forthwith issue and deliver upon the order of Holder a new Exchange Note of like tenor, registered as Holder (upon payment by
Holder of any applicable transfer taxes) may request, representing in the aggregate the remaining unpaid principal amount of this
Exchange Note. Holder and any assignee, by acceptance of this Exchange Note, acknowledge and agree that, by reason of the provisions
of this paragraph, following conversion of a portion of this Exchange Note, the unpaid and unconverted principal amount of this
Exchange Note represented by this Exchange Note may be less than the amount stated on the face hereof.

 

c)
Payment of Taxes. Borrower shall not be required to pay any tax which may be payable in respect of any transfer involved
in the issue and delivery of shares of Common Stock or other securities or property on conversion of this Exchange Note, and Borrower
shall not be required to issue or deliver any such shares or other securities or property unless and until the person or persons
(other than Holder or the custodian in whose street name such shares are to be held for Holder’s account) requesting the
issuance thereof shall have paid to Borrower the amount of any such tax or shall have established to the satisfaction of Borrower
that such tax has been paid.

 

    	4

     

    

 

d)
Delivery of Common Stock upon Conversion. Upon receipt by Borrower from Holder of a facsimile transmission or E-Mail (or
other reasonable means of communication) of a Notice of Conversion meeting the requirements for conversion as provided in this
Section 1.4, Borrower shall issue and deliver or cause to be issued and delivered to or upon the order of Holder certificates
for the Common Stock issuable upon such conversion within three (3) business days after such receipt or such an event (the “Deadline”)
(and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this Exchange Note) in accordance
with the terms hereof.

 

e)
Obligation of Borrower to Deliver Common Stock. Upon receipt by Borrower of a duly and properly executed Notice of Conversion,
Holder shall be deemed to be the holder of record of the Common Stock issuable upon such conversion, and the outstanding principal
amount and the amount of accrued and unpaid interest on this Exchange Note shall be reduced to reflect such conversion or adjustment,
and, unless Borrower defaults on its obligations under this Article I, all rights with respect to the portion of this Exchange
Note being so converted shall forthwith terminate except the right to receive the Common Stock or other securities, cash or other
assets, as herein provided, on such conversion. If Holder shall have given a Notice of Conversion as provided herein, Borrower’s
obligation to issue and deliver the certificates for Common Stock shall be absolute and unconditional, irrespective of the absence
of any action by Holder to enforce the same, any waiver or consent with respect to any provision thereof, the recovery of any
judgment against any person or any action to enforce the same, any failure or delay in the enforcement of any other obligation
of Borrower to the holder of record, or any setoff, counterclaim, recoupment, limitation or termination, or any breach or alleged
breach by Holder of any obligation to Borrower, and irrespective of any other circumstance which might otherwise limit such obligation
of Borrower to Holder in connection with such conversion. The Conversion Date specified in the Notice of Conversion shall be the
Conversion Date so long as the Notice of Conversion is received by Borrower before 11:59 p.m., New York, New York time, on such
date.

 

f)
Delivery of Common Stock by Electronic Transfer. In lieu of delivering physical certificates representing the Common Stock
issuable upon conversion, provided Borrower is participating in the Depository Trust Company (“DTC”) Fast Automated
Securities Transfer (“FAST”) program, upon request of Holder and its compliance with the provisions contained
in Section 1.1 and in this Section 1.4, Borrower shall use its best efforts to cause its transfer agent to electronically transmit
the Common Stock issuable upon conversion to Holder by crediting the account of Holder’s Prime Broker with DTC through its
Deposit Withdrawal Agent Commission (“DWAC”) system.

 

g)
Failure to Deliver Common Stock Prior to Deadline. Without limiting Holder’s right to pursue other remedies, including
actual damages and/or equitable relief, the parties agree that if delivery of the Common Stock issuable upon conversion or adjustment
of this Exchange Note is not delivered by the Deadline, Borrower shall pay to Holder $1,000.00 per day in cash, for each day beyond
the Deadline that Borrower fails to deliver such Common Stock to Holder. Such cash amount shall be paid to Holder by the fifth
day of the month following the month in which it has accrued or, at the option of Holder, shall be added to the principal amount
of this Exchange Note, in which event interest shall accrue thereon in accordance with the terms of this Exchange Note and such
additional principal amount shall be convertible into Common Stock in accordance with the terms of this Exchange Note. Borrower
agrees that the right to convert and/or receive shares in the event of an adjustment is a valuable right to Holder. The damages
resulting from a failure, attempt to frustrate, or interference with such conversion or adjustment right are difficult, if not
impossible, to qualify. Accordingly, the parties acknowledge that the liquidated damages provision contained in this Section 1.4(g)
are justified.

 

    	5

     

    

 

h)
Rule 144. Borrower acknowledges that it will take all reasonable steps necessary or appropriate, including accepting an
opinion of counsel to Holder confirming the rights of Holder to sell shares of Common Stock issued to Holder on conversion or
adjustment of the Exchange Note pursuant to Rule 144. So long as the requested sale may be made pursuant to Rule 144 Borrower
agrees to accept an opinion of counsel to Holder which opinion will be issued at Borrower’s expense.

 

i)
Charges and Expenses. Issuance of Common Stock to Holder, or any of its assignees, upon the conversion of this Exchange
Note shall be made without charge to Holder for any issuance fee, transfer tax, legal opinion and related charges, postage/mailing
charge or any other expense with respect to the issuance of such Common Stock. Company shall pay all Transfer Agent fees incurred
from the issuance of the Common Stock to Holder, as well as any and all other fees and charges required by the Transfer Agent
as a condition to effectuate such issuance. Any such fees or charges as noted in this Section that are paid by Holder (whether
from Borrower’s delays, outright refusal to pay, or otherwise), will be automatically added to the Principal Amount of the
Exchange Note and tack back to the Issue Date herein for purposes of Rule 144.

 

1.5.
Restricted Securities. The shares of Common Stock issuable upon conversion or adjustment of this Exchange Note may
not be sold or transferred unless (i) such shares are sold pursuant to an effective registration statement under the Act; or,
(ii) Borrower or its transfer agent shall have been furnished with an opinion of counsel (which opinion shall be in form, substance
and scope customary for opinions of counsel in comparable transactions) to the effect that the shares to be sold or transferred
may be sold or transferred pursuant to an exemption from such registration; or, (iii) such shares are sold or transferred pursuant
to Rule 144; or, (iv) such shares are transferred to an “affiliate” (as defined in Rule 144) of Borrower who agrees
to sell or otherwise transfer the shares only in accordance with this Section 1.5 and who is an Accredited Investor (as defined
under the Act). Any legend set forth on any stock certificate evidencing any Conversion Shares shall be removed and Borrower shall
issue to Holder a new certificate therefore free of any transfer legend if (i) Borrower or its transfer agent shall have received
an opinion of counsel form, substance and scope customary for opinions of counsel in comparable transactions, to the effect that
a public sale or transfer of such Common Stock may be made without registration under the Act, which opinion shall be reasonably
acceptable to Borrower; or, (ii) in the case of the Common Stock issued or issuable upon conversion of this Exchange Note, such
security is registered for sale by Holder under an effective registration statement filed under the Act or otherwise may be sold
pursuant to Rule 144 without any restriction as to the number of securities as of a particular date that can then be immediately
sold.

 

1.6.
Effect of Certain Events.

 

a)
Effect of Merger, Consolidation, Etc. At the option of Holder, the sale, conveyance or disposition of all or substantially
all of the assets of Borrower, the effectuation by Borrower of a transaction or series of related transactions in which more than
50% of the voting power of Borrower is disposed of, or the consolidation, merger or other business combination of Borrower with
or into any other Person (as defined below) or Persons when Borrower is not the survivor shall either: (i) be deemed to be an
Event of Default (as defined in Article III) pursuant to which Borrower shall be required to pay to Holder upon the consummation
of and as a condition to such transaction an amount equal to the Default Amount (as defined in Article III) or (ii) be treated
pursuant to Section 1.6(b) hereof. “Person” shall mean any individual, corporation, limited liability company,
partnership, association, trust or other entity or organization.

 

    	6

     

    

 

b)
Adjustment Due to Merger, Consolidation, Etc. If, at any time when this Exchange Note is issued and outstanding and prior
to conversion of all of the Notes, there shall be any merger, consolidation, exchange of shares, recapitalization, reorganization,
or other similar event, as a result of which shares of Common Stock of Borrower shall be changed into the same or a different
number of shares of another class or classes of stock or securities of Borrower or another entity, or in case of any sale or conveyance
of all or substantially all of the assets of Borrower other than in connection with a plan of complete liquidation of Borrower,
then Holder of this Exchange Note shall thereafter have the right to receive upon conversion of this Exchange Note, upon the basis
and upon the terms and conditions specified herein and in lieu of the shares of Common Stock immediately theretofore issuable
upon conversion, such stock, securities or assets which Holder would have been entitled to receive in such transaction had this
Exchange Note been converted in full immediately prior to such transaction (without regard to any limitations on conversion set
forth herein), and in any such case appropriate provisions shall be made with respect to the rights and interests of Holder of
this Exchange Note to the end that the provisions hereof (including, without limitation, provisions for adjustment of the Conversion
Price and of the number of shares issuable upon conversion of the Exchange Note) shall thereafter be applicable, as nearly as
may be practicable in relation to any securities or assets thereafter deliverable upon the conversion hereof. Borrower shall not
affect any transaction described in this Section 1.6(b) unless (a) it first gives, to the extent practicable, thirty (30) days
prior written notice (but in any event at least fifteen (15) days prior written notice) of the record date of the special meeting
of shareholders to approve, or if there is no such record date, the consummation of, such merger, consolidation, exchange of shares,
recapitalization, reorganization or other similar event or sale of assets (during which time, for clarification, Holder shall
be entitled to convert this Exchange Note) and (b) the resulting successor or acquiring entity assumes by written instrument the
obligations of this Section 1.6(b). The above provisions shall similarly apply to successive consolidations, mergers, sales, transfers
or share exchanges.

 

c)
Adjustment Due to Distribution. If Borrower shall declare or make any distribution of its assets (or rights to acquire
its assets) to holders of Common Stock as a dividend, stock repurchase, by way of return of capital or otherwise (including any
dividend or distribution to Borrower’s shareholders in cash or shares (or rights to acquire shares) of capital stock of
a subsidiary (i.e., a spin-off)) (a “Distribution”), then Holder of this Exchange Note shall be entitled, upon
any conversion of this Exchange Note after the date of record for determining shareholders entitled to such Distribution, to receive
the amount of such assets which would have been payable to Holder with respect to the shares of Common Stock issuable upon such
conversion had such Holder been the holder of such shares of Common Stock on the record date for the determination of shareholders
entitled to such Distribution. Such assets shall be held in escrow by the Company pending any such conversion

 

d)
Purchase Rights. If, at any time when any part of the Exchange Note remains outstanding, Borrower issues any convertible
securities or rights to purchase stock, warrants, securities or other property (the “Purchase Rights”) pro
rata to the record holders of any class of Common Stock, then Holder will be entitled to acquire, upon the terms applicable to
such Purchase Rights, the aggregate Purchase Rights which such Holder could have acquired if such Holder had held the number of
shares of Common Stock acquirable upon complete conversion of this Exchange Note (without regard to any limitations on conversion
contained herein) immediately before the date on which a record is taken for the grant, issuance or sale of such Purchase Rights
or, if no such record is taken, the date as of which the record holders of Common Stock are determined for the grant, issue or
sale of such Purchase Rights.

 

    	7

     

    

 

e)
Stock Dividends and Stock Splits. If the Company, at any time while this Exchange Note is outstanding: (A) pays a stock
dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any
securities convertible into or exercisable for Common Stock; (B) subdivides outstanding shares of Common Stock into a larger number
of shares; (C) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of
shares; or (D) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Company,
then the Conversion Price (and each sale or bid price used in determining the Conversion Price) shall be multiplied by a fraction,
of which the numerator shall be the number of shares of Common Stock outstanding immediately before such event and of which the
denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant
to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive
such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination
or re-classification.

 

f)
Notice of Adjustments. Upon the occurrence of each adjustment or readjustment of the Conversion Price as a result of events
described in this Section 1.6, Borrower, at its expense, shall promptly compute such adjustment or readjustment and prepare and
furnish to Holder a certificate setting forth such adjustment or readjustment, showing in detail the facts upon which such adjustment
or readjustment is based. Borrower shall, upon written request of Holder, furnish to such Holder a like certificate setting forth
(i) such adjustment or readjustment, (ii) the Conversion Price at the time in effect and (iii) the number of shares of Common
Stock and the amount, if any, of other securities or property which at the time would be received upon conversion of the Exchange
Note.

 

1.7.
Revocation. If any Conversion Shares are not received by the Deadline, Holder may revoke the applicable Conversion
pursuant to which such Conversion Shares were issuable. This Exchange Note shall remain convertible after the Maturity Date hereof
until this Exchange Note is repaid or converted in full.

 

1.8.
Repayment. Notwithstanding anything to the contrary contained in this Exchange Note, subject to the terms of this Section,
at any time after the Issue Date Borrower shall have the right, exercisable on not less than five (5) Trading Days prior written
notice to Holder of this Exchange Note, to prepay the outstanding balance on this Exchange Note in full, in accordance with this
Section, without penalty or premium. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall
be delivered to Holder of the Exchange Note at its registered addresses and shall state: (1) that Borrower is exercising its right
to prepay the Exchange Note; and, (2) the date of prepayment, which shall be not more than ten (10) Trading Days from the date
of the Optional Repayment Notice. On the date fixed for prepayment (the “Optional Prepayment Date”), Borrower
shall make payment to or upon the order of Holder as specified by Holder in writing to Borrower at least one (1) business day
prior to the Optional Prepayment Date. If Borrower delivers an Optional Prepayment Notice and fails to pay the amount due to Holder
of the Exchange Note within two (2) business days following the Optional Prepayment Date, Borrower shall forever forfeit its right
to prepay the Exchange Note pursuant to this Section. Thereafter, Borrower shall have no right to prepay this Exchange Note. However,
Borrower shall continue to have the right to repay all obligations hereunder on, as of, and after the Maturity Date. 

 

ARTICLE
II. CERTAIN COVENANTS

 

2.1.
Distributions on Capital Stock. So long as any part of this Exchange Note remains unpaid, Borrower shall not without
Holder’s written consent (a) pay, declare or set apart for such payment, any dividend or other distribution (whether in
cash, property or other securities) on shares of capital stock other than dividends on shares of Common Stock solely in the form
of additional shares of Common Stock or (b) directly or indirectly or through any subsidiary make any other payment or distribution
in respect of its capital stock except for distributions pursuant to any shareholders’ rights plan which is approved by
a majority of Borrower’s disinterested directors.

 

    	8

     

    

 

2.2.
Restriction on Stock Repurchases. So long as any part of the Exchange Note remains unpaid, Borrower shall not without
Holder’s written consent redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other
securities or otherwise) in any one transaction or series of related transactions any issued and outstanding shares of capital
stock of Borrower.

 

2.3.
Borrowings; Liens. So long as any part of the Exchange Note remains unpaid, Borrower shall not create, incur, assume
guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any person, firm, partnership,
joint venture or corporation, except by the endorsement of negotiable instruments for deposit or collection, or suffer to exist
any liability for borrowed money, except (a) borrowings in existence or committed on the date hereof and of which Borrower has
informed Holder in writing prior to the date hereof; or, (b) indebtedness to trade creditors or financial institutions incurred
in the ordinary course of business; or, (c) borrowings assumed as a result of an acquisition or similar transaction; or, (d) indebtedness
of a subsidiary.

 

2.4.
Sale of Assets. So long as any part of the Exchange Note remains unpaid, Borrower shall not, without Holder’s
written consent, sell, lease or otherwise dispose of substantially all of its assets outside the ordinary course of business.
Any consent to such a disposition of assets may be conditioned on a specified use of the proceeds of disposition.

 

2.5.
Advances and Loans. So long as any part of this Exchange Note remains unpaid, Borrower shall not, without Holder’s
written consent, lend money, give credit or make advances to any person, firm, joint venture or corporation, including, without
limitation, officers, directors, employees, officers, subsidiaries and affiliates of Borrower, except loans, credits, or advances
in existence or committed on the date hereof and which Borrower has informed Holder in writing prior to the date hereof.

 

2.6.
Charter. So long as any part of this Exchange Note remains unpaid, Borrower shall not amend its charter documents,
including without limitation its articles of incorporation and bylaws, in any manner that materially and adversely affects any
rights of Holder.

 

2.7.
Transfer Agent. Borrower shall not change its transfer agent absent 5-days prior written notice to Holder. Any resignation
by the transfer agent without a replacement transfer agent prior to such replacement taking effect shall constitute an Event of
Default.

 

2.8.
Unconditional Obligation; No Offset. Borrower acknowledges that this Exchange Note is an unconditional, valid, binding
and enforceable obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any
rights of offset it now has or may have hereafter against Holder, its successors and assigns, and agrees to make the payments
and conversions called for herein in accordance with the terms of this Exchange Note.

 

2.9.
Exchange. This Exchange Note is issued solely in exchange for the Original Note and the Warrant, and is expressly intended
to satisfy all applicable requirements of Section 3(a)(9) of the Act. Securities Act of 1933, as amended from time-to-time (the
“Act”). Borrower and Holder each represent and agree that (i) no additional consideration has been requested
of or received from Holder; (ii) no additional consideration has been provided to Holder; and, (iii) Borrower has not paid any
commission or remuneration for the solicitation of the exchange of the Original Note and the Warrant for this Exchange Note.

 

    	9

     

    

 

ARTICLE
III. EVENTS OF DEFAULT

 

Any
one or more of the following events which shall occur and/or be continuing shall constitute an event of default (each, an “Event
of Default”):

 

3.1.
Failure to Pay Principal or Interest. Borrower fails to pay the principal hereof or interest thereon when due on this
Exchange Note, whether at maturity, upon acceleration or otherwise.

 

3.2.
Conversion and the Shares. Borrower fails to issue shares of Common Stock to Holder (or announces or threatens in writing
that it will not honor its obligation to do so at any time following the execution hereof or) upon exercise by Holder of the conversion
rights of Holder in accordance with the terms of this Exchange Note, fails to transfer or cause its transfer agent to transfer
(issue) (electronically or in certificated form) any certificate for shares of Common Stock issued to Holder upon conversion of
or otherwise pursuant to this Exchange Note as and when required by this Exchange Note, Borrower directs its transfer agent not
to transfer or delays, impairs, and/or hinders its transfer agent in transferring (or issuing) (electronically or in certificated
form) any certificate for shares of Common Stock to be issued to Holder upon conversion of or otherwise pursuant to this Exchange
Note as and when required by this Exchange Note, or fails to remove (or directs its transfer agent not to remove or impairs, delays,
and/or hinders its transfer agent from removing) any restrictive legend (or to withdraw any stop transfer instructions in respect
thereof) on any certificate for any shares of Common Stock issued to Holder upon conversion of or otherwise pursuant to this Exchange
Note as and when required by this Exchange Note (or makes any written announcement, statement or threat that it does not intend
to honor the obligations described in this paragraph) and any such failure shall continue uncured (or any written announcement,
statement or threat not to honor its obligations shall not be rescinded in writing) for five (5) business days after Holder shall
have delivered a Notice of Conversion. It is an obligation of Borrower to remain current in its obligations to its transfer agent.
It shall be an event of default of this Exchange Note, if a conversion of this Exchange Note is delayed, hindered or frustrated
due to a balance owed by Borrower to its transfer agent. If at the option of Holder, Holder advances any funds to Borrower’s
transfer agent in order to process a conversion, such advanced funds shall be paid by Borrower to Holder within forty eight (48)
hours of a demand from Holder.

 

3.3.
Breach of Covenants. Borrower breaches any material covenant or other material term or condition contained in this
Exchange Note and such breach continues for a period of seven (7) days after written notice thereof to Borrower from Holder.

 

3.4.
Breach of Representations and Warranties. Any representation or warranty of Borrower made herein or in any agreement,
statement or certificate given in writing pursuant hereto or in connection herewith, shall be false or misleading in any material
respect when made and the breach of which has (or with the passage of time will have) a material adverse effect on the rights
of Holder with respect to this Exchange Note.

 

3.5.
Receiver or Trustee. Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the
appointment of a receiver or trustee for it or for a substantial part of its property or business, or such a receiver or trustee
shall otherwise be appointed.

 

    	10

     

    

 

3.6.
Judgments. Any money judgment, writ or similar process shall be entered or filed against Borrower or any subsidiary
of Borrower or any of its property or other assets for more than $100,000.00, and shall remain unvacated, unbonded or unstayed
for a period of twenty (20) days unless otherwise consented to by Holder, which consent will not be unreasonably withheld.

 

3.7.
Bankruptcy. Bankruptcy, reorganization or liquidation proceedings or other proceedings, voluntary or involuntary, for
relief under any bankruptcy law or any law for the relief of debtors shall be instituted by or against Borrower or any subsidiary
of Borrower.

 

3.8.
Delisting of Common Stock. Borrower shall fail to maintain the listing of the Common Stock on at least one of the Pink
Sheets or OTCQB or an equivalent replacement exchange, NASDAQ, NYSE, or AMEX.

 

3.9.
Failure to Comply with the Exchange Act. Borrower shall fail to comply in any material respect with the reporting requirements
of the Exchange Act; and/or Borrower shall cease to be subject to the reporting requirements of the Exchange Act.

 

3.10.
Liquidation. Any dissolution, liquidation, or winding up of Borrower or any substantial portion of its business.

 

3.11.
Cessation of Operations. Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable
to pay its debts as such debts become due, provided, however, that any disclosure of Borrower’s ability to continue as a
“going concern” shall not be an admission that Borrower cannot pay its debts as they become due.

 

3.12.
Maintenance of Assets. The failure by Borrower, during the term of this Exchange Note, to maintain any material intellectual
property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

 

3.13.
Financial Statement Restatement. The restatement of any financial statements filed by Borrower with the SEC for any
date or period from two years prior to the Issue Date of this Exchange Note and until this Exchange Note is no longer outstanding,
if the result of such restatement would, by comparison to the unrestated financial statement, have constituted a material adverse
effect on the rights of Holder with respect to this Exchange Note.

 

3.14.
Reverse Splits. Borrower effectuates a reverse split of its Common Stock without twenty (20) days prior written notice
to Holder.

 

3.15.
Replacement of Transfer Agent. In the event that Borrower proposes to replace its transfer agent, the Borrower fails
to provide, prior to the effective date of such replacement, to the replacement transfer agent a fully executed copy of this Exchange
Note.

 

3.16.
Cross-Default. Notwithstanding anything to the contrary contained in this Exchange Note or the other related or companion
documents, a breach or default by Borrower of any covenant or other term or condition contained in any of the Other Agreements
(as defined below), after the passage of all applicable notice and cure or grace periods, shall, at the option of Holder, be considered
a default under this Exchange Note, in which event Holder shall be entitled (but in no event required) to apply all rights and
remedies of Holder under the terms of this Exchange Note. For purposes of this Exchange Note, “Other Agreements”
means, collectively, all agreements and instruments between, among, or by Borrower, and, or for the benefit of, Holder and any
affiliate of Holder, including, without limitation, promissory notes. Each of the loan transactions will be cross-defaulted with
each other loan transaction and with all other existing and future debt of Borrower to Holder.

 

    	11

     

    

 

3.17.
SEC Filings. Borrower fails to remain current in its filings with the SEC. Such a failure shall expressly constitute
an Event of Default, and the Exchange Note shall become immediately due and payable. The possible reduction in the Conversion
Price under Section 1.2(a) is an additional result of, and not an alternative remedy for, a breach of this Section 3.17.

 

3.18.
Inside Information. Borrower or its officers, directors, and/or affiliates attempt to transmit, convey, disclose, or
any actual transmittal, conveyance, or disclosure by Borrower or its officers, directors, and/or affiliates of, material non-public
information concerning Borrower, to Holder or its successors and assigns, which is not immediately cured by Borrower’s filing
of a Form 8-K pursuant to Regulation FD on that same date.

 

3.19
Bid Price. Borrower shall lose the “bid” price for its Common Stock ($0.0001 on the “Ask”
with zero market makers on the “Bid” per Level 2) and/or a market (including the OTC Pink, OTCQB or an equivalent
replacement exchange).

 

3.20
Insolvency. Borrower becomes insolvent or generally fails to pay, or admits in writing its inability to pay, its
debts as they become due, subject to applicable grace periods, if any. 

 

3.21
DWAC. Borrower fails to remain DWAC eligible. 

 

3.22
Consequences of Event of Default. Upon the occurrence and during the continuation of any Event of Default specified
in Section 3.1 (solely with respect to failure to pay the principal hereof or interest thereon when due at the Maturity Date)
or Section 3.2, the Exchange Note shall become immediately due and payable and Borrower shall pay to Holder, in full satisfaction
of its obligations hereunder, an amount equal to the Default Sum (as defined herein). Upon the occurrence and during the continuation
of any Event of Default specified in Sections 3.1, and/or 3.3 through and including 3.21, exercisable through the delivery of
written notice to Borrower by Holder (the “Default Notice”), and upon the occurrence of an Event of Default
specified in the remaining sections of Articles III (other than failure to pay the principal hereof or interest thereon at the
Maturity Date specified in Section 3.1, hereof), the Exchange Note shall become immediately due and payable and Borrower shall
pay to Holder, in full satisfaction of its obligations hereunder, an amount equal to the greater of (i) 150% times the
sum of (w) the then outstanding principal amount of this Exchange Note plus (x) accrued and unpaid interest on the
unpaid principal amount of this Exchange Note to the date of payment (the “Mandatory Prepayment Date”) plus
(y) “Default Interest”, if any, in the amount of eighteen percent (18%) per annum from the date of the
Event of Default on the amounts referred to in clauses (w) and/or (x) plus (z) any amounts owed to Holder pursuant to Sections
1.3 and 1.4(g) hereof (the then outstanding principal amount of this Exchange Note to the date of payment plus the amounts
referred to in clauses (x), (y) and (z) shall collectively be known as the “Default Sum”) or (ii) the “parity
value” of the Default Sum to be prepaid, where parity value means (a) the highest number of shares of Common Stock issuable
upon conversion of or otherwise pursuant to such Default Sum in accordance with Article I, treating the Trading Day immediately
preceding the Mandatory Prepayment Date as the “Conversion Date” for purposes of determining the lowest applicable
Conversion Price, unless the Default Event arises as a result of a breach in respect of a specific Conversion Date in which case
such Conversion Date shall be the Conversion Date), multiplied by (b) the highest Closing Price for the Common Stock during
the period beginning on the date of first occurrence of the Event of Default and ending one day prior to the Mandatory Prepayment
Date (the “Default Amount”) and all other amounts payable hereunder shall immediately become due and payable,
all without demand, presentment or notice, all of which hereby are expressly waived, together with all costs, including, without
limitation, legal fees and expenses, of collection, and Holder shall be entitled to exercise all other rights and remedies available
at law or in equity.

 

    	12

     

    

 

If
Borrower fails to pay the Default Amount within five (5) business days of written notice that such amount is due and payable,
then Holder shall have the right at any time, so long as Borrower remains in default (and so long and to the extent that there
are sufficient authorized shares), to require Borrower, upon written notice, to immediately issue, in lieu of the Default Amount,
the number of shares of Common Stock of Borrower equal to the Default Amount divided by the Conversion Price then in effect. Holder
may still convert any amounts due hereunder, including without limitation, the Default Sum, until such time as this Exchange Note
has been repaid in full.

 

ARTICLE
IV. MISCELLANEOUS

 

4.1.
Failure or Indulgence Not Waiver. No failure or delay on the part of 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 privileges. All rights and remedies existing hereunder
are cumulative to, and not exclusive of, any rights or remedies otherwise available.

 

4.2.
Notices. All notices, requests, and demands hereunder shall be in writing and delivered by hand, by Electronic Transmission,
by mail, or by recognized commercial over-night delivery service (such as Federal Express or UPS), and shall be deemed given (a)
if by hand delivery, upon such delivery; (b) if by Electronic Transmission, twenty four (24) hours after being sent; (c) if by
mail, forty eight (48) hours after deposit in the United States mail, first class, registered or certified mail, postage prepaid;
or, (d) if by recognized commercial over-night delivery service, upon such delivery. Each party hereby expressly consents to the
use of Electronic Transmission for communications and notices under this Exchange Note. For purposes of this Exchange Note, “Electronic
Transmission” means a communication (i) delivered by Fax or E-Mail when directed to the Fax number or E-Mail address,
respectively, for that recipient on record with the sending party; and, (ii) that creates a record that is capable of retention,
retrieval, and review, and that may thereafter be rendered into clearly legible tangible form.

 

4.3.
Amendments. This Exchange Note and any provision hereof may only be amended by an instrument in writing signed by Borrower
and Holder. The term “Exchange Note” and all reference thereto, as used throughout this instrument, shall mean
this instrument as originally executed, or if later amended or supplemented, then as so amended or supplemented.

 

4.4.
Assignability. This Exchange Note shall be binding upon Borrower and its successors and assigns, and shall inure to
be the benefit of Holder and its successors and assigns. Borrower may not assign this Exchange Note without the prior written
consent of Holder. This Exchange Note, and nay portion thereof, and any share of Common Stock issued upon the conversion of this
Exchange Note, may be offered, sold, assigned, pledged, or transferred by Holder without the consent of Borrower. 

 

4.5.
Cost of Collection. If default is made in the payment of this Exchange Note, Borrower shall pay Holder hereof costs
of collection, including reasonable attorneys’ fees.

 

    	13

     

    

 

4.6.
Governing Law. This Exchange Note shall be governed by and construed in accordance with the laws of the State of New
York without regard to conflicts of laws principles that would result in the application of the substantive laws of another jurisdiction.
Any action brought by either party against the other concerning the transactions contemplated by this Agreement must be brought
only in (i) the state courts in Dade or Broward County, Florida; or (ii) the state courts in New York County, New York, in the
sole discretion of the party bringing the action. Both parties and the individual signing this Agreement on behalf of Borrower
agree to submit to the jurisdiction of such courts. The prevailing party shall be entitled to recover from the other party its
reasonable attorney’s fees and costs. In the event that any provision of this Exchange Note is invalid or unenforceable
under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict
therewith and shall be deemed modified to conform to such statute or rule of law. Any such provision which may prove invalid or
unenforceable under any law shall not affect the validity or unenforceability of any other provision of this Exchange Note. Nothing
contained herein shall be deemed or operate to preclude Holder from bringing suit or taking other legal action against Borrower
in any other jurisdiction to collect on Borrower’s obligations to Holder, to realize on any collateral or any other security
for such obligations, or to enforce a judgment or other decision in favor of Holder. This Exchange Note shall be deemed an
unconditional obligation of Borrower for the payment of money and, without limitation to any other remedies of Holder, may be
enforced against Borrower by summary proceeding pursuant to New York Civil Procedure Law and Rules Section 3213 or any similar
rule or statute in the jurisdiction where enforcement is sought. For purposes of such rule or statute, any other document or agreement
to which Holder and Borrower are parties or which Borrower delivered to Holder, which may be convenient or necessary to determine
Holder’s rights hereunder or Borrower’s obligations to Holder are deemed a part of this Exchange Note, whether or
not such other document or agreement was delivered together herewith or was executed apart from this Exchange Note.

 

4.7.
Certain Amounts. Whenever pursuant to this Exchange Note Borrower is required to pay an amount in excess of the outstanding
principal amount (or the portion thereof required to be paid at that time) plus accrued and unpaid interest plus Default Interest
on such interest, Borrower and Holder agree that the actual damages to Holder from the receipt of cash payment on this Exchange
Note may be difficult to determine and the amount to be so paid by Borrower represents stipulated damages and not a penalty and
is intended to compensate Holder in part for loss of the opportunity to convert this Exchange Note and to earn a return from the
sale of shares of Common Stock acquired upon conversion of this Exchange Note at a price in excess of the price paid for such
shares pursuant to this Exchange Note. Borrower and Holder hereby agree that such amount of stipulated damages is not plainly
disproportionate to the possible loss to Holder from the receipt of a cash payment without the opportunity to convert this Exchange
Note into shares of Common Stock.

 

4.8.
Disclosure. Upon receipt or delivery by Borrower of any notice in accordance with the terms of this Exchange Note,
unless Borrower has in good faith determined that the matters relating to such notice do not constitute material, non-public information
relating to Borrower, Borrower shall within four (4) days after any such receipt or delivery, publicly disclose such material,
non-public information on a Current Report on Form 8-K, or such similar disclosure in accordance with the rules of the OTC Markets.
In the event that Borrower believes that a notice contains material, non-public information relating to Borrower, Borrower so
shall indicate to Holder contemporaneously with delivery of such notice, and in the absence of any such indication, Holder shall
be allowed to presume that all matters relating to such notice do not constitute material, non-public information relating to
Borrower.

 

    	14

     

    

 

4.9.
Notice of Corporate Events. Except as otherwise provided below, Holder of this Exchange Note shall have no rights as
a Holder of Common Stock unless and only to the extent that it converts this Exchange Note into Common Stock. Borrower shall provide
Holder with prior notification of any meeting of Borrower’s shareholders (and copies of proxy materials and other information
sent to shareholders). In the event of any taking by Borrower of a record of its shareholders for the purpose of determining shareholders
who are entitled to receive payment of any dividend or other distribution, any right to subscribe for, purchase or otherwise acquire
(including by way of merger, consolidation, reclassification or recapitalization) any share of any class or any other securities
or property, or to receive any other right, or for the purpose of determining shareholders who are entitled to vote in connection
with any proposed sale, lease or conveyance of all or substantially all of the assets of Borrower or any proposed liquidation,
dissolution or winding up of Borrower, Borrower shall mail a notice to Holder, at least twenty (20) days prior to the record date
specified therein (or thirty (30) days prior to the consummation of the transaction or event, whichever is earlier), of the date
on which any such record is to be taken for the purpose of such dividend, distribution, right or other event, and a brief statement
regarding the amount and character of such dividend, distribution, right or other event to the extent known at such time. Borrower
shall make a public announcement of any event requiring notification to Holder hereunder substantially simultaneously with the
notification to Holder in accordance with this Section 4.9.

 

4.10.
Remedies. Borrower acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to Holder,
by vitiating the intent and purpose of the transaction contemplated hereby. Accordingly, Borrower acknowledges that the remedy
at law for a breach of its obligations under this Exchange Note will be inadequate and agrees, in the event of a breach or threatened
breach by Borrower of the provisions of this Exchange Note, that Holder shall be entitled, in addition to all other available
remedies at law or in equity, and in addition to the penalties assessable herein, to an injunction or injunctions restraining,
preventing or curing any breach of this Exchange Note and to enforce specifically the terms and provisions thereof, without the
necessity of showing economic loss and without any bond or other security being required.

 

4.11.
Voluntary Agreement. Borrower has carefully read this Exchange Note and has asked any questions needed for Borrower
to understand the terms, consequences and binding effect of this Exchange Note and fully understand them. Borrower has had the
opportunity to seek the advice of an attorney of Borrower’s choosing, or has waived the right to do so, and is executing
this Exchange Note voluntarily and without any duress or undue influence by Holder or anyone else.

 

4.12.
Accredited Investor Status. Holder is an “accredited investor” as that term is defined in Rule 501(a) of
Regulation D.

 

4.13.
Severability. If any part of this Exchange Note is construed to be in violation of any law, such part shall be modified
to achieve the objective of Borrower and Holder to the fullest extent permitted by law and the balance of this Exchange Note shall
remain in full force and effect.

 

(REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK)

 

(SIGNATURE
PAGE FOLLOWS)

 

    	15

     

    

 

 

IN
WITNESS WHEREOF, Borrower has caused this Exchange Note to be signed in its name by its duly authorized officer as of the
Issue Date first set forth above.

 

	DATA443
    RISK MITIGATION, INC., 	 
	a
    Nevada corporation	 
	 	 	 
	BY:
    	         	 
	NAME:
    	 	 
	TITLE:
    	 	 
	DATED:
    	 	 

 

ACKNOWLEDGED,
ACCEPTED, AND AGREED:

 

	BLUE
    CITI LLC,	 
	a
    New York limited liability company	 
	 	 	 
	BY:
    	 	 
	NAME:
    	 	 
	TITLE:
    	 	 
	DATED:	 	 

 

    	16

     

    

 

EXHIBIT
A

NOTICE
OF CONVERSION

 

The
undersigned hereby elects to convert principal under the 30 September 2020 Exchange Convertible Promissory Note issued in the
original principal amount of $325,000 (the “Exchange Note”) by DATA443 RISK MITIGATION, INC., a Nevada
corporation (the Company”), into shares of common stock of the Company (the “Common Stock”), in
accordance with the terms and conditions of the Exchange Note and as provided for herein, as of the date written below. If shares
of Common Stock are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes
payable with respect thereto and is delivering herewith such certificates and opinions as reasonably requested by the Company
in accordance therewith. No fee will be charged to the holder for any conversion, except for such transfer taxes, if any.

 

By
the delivery of this Notice of Conversion the undersigned represents and warrants to the Company that its ownership of the Common
Stock does not exceed the amounts specified under Section 1.1 of this Exchange Note, as determined in accordance with Section
13(d) of the Exchange Act.

 

CONVERSION
CALCULATIONS:

 

	Date
    of Conversion: ______________________	 	Conversion
    Price: _____________________
	Principal
    Amount Converted: ___________________	 	Interest
    Converted: _____________________
	Number
    of Shares of Common Stock to be Issued: ____________________________
	Remaining
    Principal Balance of the Exchange Note: ____________________________

 

HOLDER:
____________________________

 

Authorized
Signature: ____________________________

 

Name:
____________________________

 

Title:
____________________________

 

	Address
    for Delivery of Certificates:	 	_____________________________________
    
	 	 	 
	 	 	_____________________________________
	 	 	 
	 	 	_____________________________________

 

OR

 

	DWAC
    Instructions: 	 	Broker
    #:	 	_____________________________________
	 	 	 	 	 
	 	 	Account
    #:	 	_____________________________________

 

OR

 

Other
Instructions: 

 

    	17

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