Document:

Exhibit
4.1

 

Description
of Registrant’s Securities Registered Under Section 12 of the Securities Exchange Act of 1934

 

Common
Stock, Par Value $0.01 Per Share

 

General.
SSB Bancorp, Inc. is authorized to issue 20,000,000 shares of common stock, par value of $0.01 per share. Each share of
common stock has the same relative rights as, and is identical in all respects to, each other share of common stock. Upon payment
of due consideration for shares of common stock, all such shares of common stock are duly authorized, fully paid and non-assessable.

 

Dividends.
SSB Bancorp, Inc. may pay dividends on its common stock if, after giving effect to such dividends, it would be able to
pay its debts in the usual course of business and its total assets would exceed the sum of its total liabilities plus the amount
needed to satisfy the preferential rights upon dissolution of stockholders whose preferential rights on dissolution are superior
to those receiving the dividends. The holders of common stock are entitled to receive and share equally in dividends as may be
declared by the board of directors of SSB Bancorp, Inc. out of funds legally available therefor. If SSB Bancorp, Inc. issues shares
of preferred stock, the holders thereof may have a priority over the holders of the common stock with respect to dividends.

 

Voting
Rights. The holders of common stock have exclusive voting rights in SSB Bancorp, Inc. They elect its board of directors
and act on other matters as are required to be presented to them under Maryland law or as are otherwise presented to them by the
board of directors. Generally, each holder of common stock is entitled to one vote per share and does not have any right to cumulate
votes in the election of directors. Any person who beneficially owns more than 10% of the then-outstanding shares of common stock,
however, generally are not be entitled or permitted to vote any shares of common stock held in excess of the 10% limit. If SSB
Bancorp, Inc. issues shares of preferred stock, holders of the preferred stock may also possess voting rights. Amendments to the
articles of incorporation of SSB Bancorp, Inc. generally require, in addition to majority approval by the board of directors,
a two-thirds approval of the outstanding shares eligible to vote, and certain amendments require the approval of 80% of the outstanding
shares eligible to vote.

 

Liquidation.
Upon any liquidation, dissolution or winding up of SSB Bank, SSB Bancorp, Inc., as the holder of 100% of SSB Bank’s
outstanding capital stock, would be entitled to receive all assets of SSB Bank available for distribution, after payment or provision
for payment of all debts and liabilities of SSB Bank, including all deposit accounts and accrued interest thereon, and after distribution
of the balance in the liquidation account establish for the benefit of eligible account holders of SSB Bank. Upon any liquidation,
dissolution or winding up of SSB Bancorp, Inc., the holders of its common stock would be entitled to receive, after payment or
provision for payment of all its debts and liabilities, all of the assets of SSB Bancorp, Inc. available for distribution. If
preferred stock is issued, the holders thereof may have a priority over the holders of the common stock upon any liquidation or
dissolution.

 

Preemptive
Rights; Redemption. Holders of the common stock of SSB Bancorp, Inc. are not be entitled to preemptive rights with respect
to any shares that may be issued, unless such preemptive rights are approved by the board of directors. The common stock is not
subject to redemption.

 

Dissenters’
Rights of Appraisal. SSB Bancorp, Inc.’s articles of incorporation provide that SSB Bancorp, Inc.’s stockholders
are not be entitled to dissenters’ rights of appraisal with respect to a merger or consolidation of SSB Bancorp, Inc. with
another corporation unless the board of directors determines by a resolution approved by a majority of directors then in office
that dissenters’ rights shall apply to all or any classes of stock.Exhibit
4.3

 

DESCRIPTION
OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

 

Unless
the context requires otherwise, the words “we,” “us,” “our,” “our company,” “our
business” “the Company” and “MGT” refer collectively to MGT Capital Investments, Inc., a Delaware
corporation, and its subsidiaries.

 

MGT
Capital Investments, Inc., has common stock registered under Section 12 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”). The authorized capital stock of MGT consists of 2,500,000,000 shares of common stock, $0.001 par
value per share, and 8,500,000 shares of preferred stock. This summary is qualified in its entirety by reference to MGT Capital
Investments, Inc.’s Amended and Restated Certificate of Incorporation (the “Charter”) and Amended and Restated
By-laws, as amended (the “By-laws”), which are incorporated herein by reference as Exhibit 3.1 and Exhibit 3.2, respectively,
to MGT Capital Investments, Inc.’s Annual Report on Form 10-K of which this Exhibit 4.3 is a part. We encourage you to read
the Charter, the By-laws and applicable provisions of the Delaware General Corporation Law (the “DGCL”) for additional
information.

 

Common
Stock

 

The
holders of common stock are entitled to one vote per share. Our Charter does not provide for cumulative voting. The holders of
our common stock are entitled to receive ratably such dividends, if any, as may be declared by the board of directors of MGT Capital
Investments, Inc. (the “Board”) out of legally available funds.

 

Upon
liquidation, dissolution or winding-up, the holders of our common stock are entitled to share ratably in all assets that are legally
available for distribution, after distributions to the holders of our preferred stock, if any. The holders of our common stock
have no preemptive, subscription, redemption or conversion rights. The rights, preferences and privileges of holders of our common
stock are subject to, and may be adversely affected by, the rights of the holders of any series of preferred stock, which may
be designated solely by action of the Board and issued in the future.

 

Antitakeover
Effects of Provisions of Charter Documents and Delaware Law

 

Charter
Documents. Our Charter, and our Bylaws, include a number of provisions that may have the effect of deterring hostile takeovers
or delaying or preventing changes in control or management of our company. First, our bylaws limit who may call special meetings
of the stockholders. Our Charter does not include a provision for cumulative voting for directors. Under cumulative voting, a
minority stockholder holding a sufficient percentage of a class of shares may be able to ensure the election of one or more directors.
Our Bylaws establish procedures, including advance notice procedures, with regard to the nomination of candidates for election
as directors and stockholder proposals. These and other provisions of our Charter and Bylaws and Delaware law could discourage
potential acquisition proposals and could delay or prevent a change in control or management of our company.

 

DGCL
Section 203. The Company is not subject to Section 203 of the DGCL, which imposes certain restrictions on transactions with
interested stockholders, as defined.

 

Listing

 

Our
common stock is traded on the OTC QB tier of OTC Markets LLC under the symbol “MGTI.”

 

Transfer
Agent and Registrar

 

The
transfer agent and registrar for our common stock is VStock Transfer, LLC. The transfer agent’s address is 18 Lafayette
Place, Woodmere, NY 11598.Exhibit 10.42

 

AMENDMENT #5 TO PROMISSORY NOTE

 

This Amendment #5 to Promissory
Note (this “Amendment”) is entered into as of December 31, 2019, by and between Iliad
Research and Trading, L.P., a Utah limited partnership (“Lender”), and MGT
Capital Investments, Inc., a Delaware corporation (“Borrower”). Capitalized terms used in this Amendment
without definition shall have the meanings given to them in the Note (as defined below).

 

A. Borrower
previously issued to Lender a Promissory Note dated June 1, 2018 in the principal amount of $3,600,000.00 (the
“Note”).

 

B. Pursuant
to that certain Amendment to Promissory Note dated October 24, 2018 (“Amendment #1”), that certain
Amendment #2 to Promissory Note dated December 10, 2018 (“Amendment #2”), that certain Amendment #3 to
Promissory Note dated January 28, 2019 (“Amendment #3”), and that certain Letter Agreement dated May 10,
2019 (“Amendment #4,” and together with this Amendment and Amendment #1, Amendment #2, and Amendment #3,
the “Amendments”), Borrower and Lender amended the Note to extend the maturity date of the Note, skip
certain payments due under the Note, and make the Note convertible into common stock.

 

C. Borrower
has requested that Lender again extend the maturity date of the Note (the “Extension”).

 

D.
Lender has agreed, subject to the terms, amendments, conditions and understandings expressed in this Amendment, to grant the
Extension and make certain other changes.

 

NOW, THEREFORE, for good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

 

1. Recitals. Each
of the parties hereto acknowledges and agrees that the recitals set forth above in this Amendment are true and accurate and are
hereby incorporated into and made a part of this Amendment.

 

2. Extension. The
maturity date of the Note is hereby extended until June 30, 2020.

 

3. Extension Fee.
In consideration of Lender’s grant of the Extension, its fees incurred in preparing this Amendment and other accommodations
set forth herein, Borrower agrees to pay to Lender an extension fee in the amount of $84,436.00 (the “Extension Fee”).
The Extension Fee is hereby added to the Outstanding Balance of the Note as of the date of this Amendment. Lender and Borrower
further agree that the Extension Fee is deemed to be fully earned as of the date hereof, is nonrefundable under any circumstance,
and that the Extension Fee tacks back to the date of the issuance of the Note for Rule 144 purposes. Borrower represents and warrants
that as of the date hereof the outstanding balance of the Note, following the application of the Extension Fee, is $928,796.00.

 

    	 	 	 

     

    

 

4. Deletion of Section
2. Section 2 of Amendment #4 is hereby deleted in its entirety.

 

5. Representations and
Warranties. In order to induce Lender to enter into this Amendment, Borrower, for itself, and for its affiliates, successors
and assigns, hereby acknowledges, represents, warrants and agrees as follows:

 

(a) Borrower has full power
and authority to enter into this Amendment and to incur and perform all obligations and covenants contained herein, all of which
have been duly authorized by all proper and necessary action. No consent, approval, filing or registration with or notice to any
governmental authority is required as a condition to the validity of this Amendment or the performance of any of the obligations
of Borrower hereunder.

 

(b) There is no fact known
to Borrower or which should be known to Borrower which Borrower has not disclosed to Lender on or prior to the date of this Amendment
which would or could materially and adversely affect the understanding of Lender expressed in this Amendment or any representation,
warranty, or recital contained in this Amendment.

 

(c) Except as expressly
set forth in this Amendment, Borrower acknowledges and agrees that neither the execution and delivery of this Amendment nor any
of the terms, provisions, covenants, or agreements contained in this Amendment shall in any manner release, impair, lessen, modify,
waive, or otherwise affect the liability and obligations of Borrower under the terms of the Transaction Documents.

 

(d) Borrower has no defenses,
affirmative or otherwise, rights of setoff, rights of recoupment, claims, counterclaims, actions or causes of action of any kind
or nature whatsoever against Lender, directly or indirectly, arising out of, based upon, or in any manner connected with, the transactions
contemplated hereby, whether known or unknown, which occurred, existed, was taken, permitted, or begun prior to the execution of
this Amendment and occurred, existed, was taken, permitted or begun in accordance with, pursuant to, or by virtue of any of the
terms or conditions of the Transaction Documents. To the extent any such defenses, affirmative or otherwise, rights of setoff,
rights of recoupment, claims, counterclaims, actions or causes of action exist or existed, such defenses, rights, claims, counterclaims,
actions and causes of action are hereby waived, discharged and released. Borrower hereby acknowledges and agrees that the execution
of this Amendment by Lender shall not constitute an acknowledgment of or admission by Lender of the existence of any claims or
of liability for any matter or precedent upon which any claim or liability may be asserted.

 

(e) Borrower represents
and warrants that as of the date hereof no Events of Default or other material breaches exist under the Transaction Documents or
have occurred prior to the date hereof.

 

6. Certain Acknowledgments.
Each of the parties acknowledges and agrees that no property or cash consideration of any kind whatsoever has been or shall be
given by Lender to Borrower in connection with the Extension or any other amendment to the Note granted herein.

 

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7. Other Terms Unchanged.
The Note, as amended by the Amendments, remains and continues in full force and effect, constitutes legal, valid, and binding obligations
of each of the parties, and is in all respects agreed to, ratified, and confirmed. Any reference to the Note after the date of
this Amendment is deemed to be a reference to the Note as amended by the Amendments. If there is a conflict between the terms of
this Amendment and the Note or the other Amendments, the terms of this Amendment shall control. No forbearance or waiver may be
implied by this Amendment. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall
not operate as a waiver of, or as an amendment to, any right, power, or remedy of Lender under the Note, as in effect prior to
the date hereof. For the avoidance of doubt, this Amendment shall be subject to the governing law, venue, and Arbitration Provisions,
as set forth in the Note.

 

8. No Reliance.
Borrower acknowledges and agrees that neither Lender nor any of its officers, directors, members, managers, equity holders, representatives
or agents has made any representations or warranties to Borrower or any of its agents, representatives, officers, directors, or
employees except as expressly set forth in this Amendment and, in making its decision to enter into the transactions contemplated
by this Amendment, Borrower is not relying on any representation, warranty, covenant or promise of Lender or its officers, directors,
members, managers, equity holders, agents or representatives other than as set forth in this Amendment.

 

9. Counterparts.
This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together
shall constitute one instrument. The parties hereto confirm that any electronic copy of another party’s executed counterpart
of this Amendment (or such party’s signature page thereof) will be deemed to be an executed original thereof.

 

10. Further Assurances.
Each party shall do and perform or cause to be done and performed, all such further acts and things, and shall execute and deliver
all such other agreements, certificates, instruments and documents, as the other party may reasonably request in order to carry
out the intent and accomplish the purposes of this Amendment and the consummation of the transactions contemplated hereby.

 

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IN WITNESS WHEREOF, the
undersigned have executed this Amendment as of the date set forth above.

 

	 	LENDER:
	 	 
	 	Iliad Research and Trading, L.P.
	 	 	 
	 	By: 	Iliad Management, LLC, its General Partner
	 	 	 
	 	By: 	Fife Trading, Inc., Manager
	 	 	 
	 	By: 	/s/ John M Fife
	 	 	John M. Fife, President

 

	 	BORROWER:
	 	 	 
	 	MGT Capital Investments, Inc.
	 	 	 
	 	By:	/s/
    Robert Ladd
	 	Name: 	Robert Ladd
	 	Title: 	President & CEO

 

[Signature
Page to Amendment #5 to Promissory Note]

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