Document:

Exhibit

	
		
	
	Exhibit 10.1

February 4, 2016 

Keith Espelien
XXXXX X XXXXX XXXXXXX 
XXXXXXXX XXXX, XX XXXXX

RE:  Termination of Employment 

Dear Keith:

This letter is to confirm that your employment as Senior Vice President, Plant Nutrition, with Compass Minerals at the corporate headquarters will end February 4, 2016, (“Last Day”), you shall then be on leave until March 31, 2016, (“Termination Date”).  During the time between your Last Day and Termination Date, you will not report to the office or be required to perform any daily work functions, but you shall be available to consult and assist the in a smooth transition of duties and provide any other reasonable assistance Compass Minerals may require of you.  You will not perform any duties on behalf of any subsidiary corporation of Compass Minerals of which you may be an officer or director after the Last Day, and by signing below, you will resign any officer or director positions, if any, of such subsidiary corporations effective as of the Last Day.  This constitutes formal notice of the termination of your employment with Compass Minerals.     

Compass Minerals is prepared to extend the following settlement proposal to you:

		
	•
	Compass Minerals is prepared to pay you a total lump sum amount of $500,000.00.  This total amount includes any notice and severance pay pursuant to applicable legislation.  The payment is subject to any applicable income tax withholding.  Also, this amount covers reimbursement of conversion of your group executive disability plan to an individual plan, reimbursement of COBRA premiums for the severance period, and includes any pro-rata 2016 Annual Incentive Plan payment you may have been entitled to.

		
	•
	Your contributions into Compass Minerals’ non-qualified Restoration Plan will be paid to you in accordance with the terms of that plan and your prior election for payment of those benefits following the termination of employment. 

Long Term Incentives
As defined in the plan text and your award agreements, you will have 90 days at the Termination Date to exercise any vested options that you have not previously exercised.  Contact Solium at 1-877-380-7793 to exercise your vested options.  Note that all unvested Long Term Incentives will be forfeited as of your Termination Date.  During this period, you will continue to be subject to the Compass Minerals Policy Statement on Security Law Compliance as well as applicable securities laws. Any transactions in Compass Minerals stock including cash and cashless exercises of options must be clear by the SVP, General Counsel until June 30, 2016. Compass Minerals will assist you in the preparation of any applicable Form 4 filings during this period provided trading information is received on the date the transaction occurs.

Outplacement Counseling
Compass Minerals will pay for you to have access to executive level outplacement services with Lee Hecht Harrison provided that these services are accessed on or before March 31, 2016.  The firm is available to assist in your transition and they will contact you shortly, or you may contact them at 1-888-845-8089 extension 81.  If you choose not to access any outplacement services, Compass Minerals will not provide payment in whole or in part in lieu of these services.
Employee Assistance Support
The Compass Minerals Employee Assistance program will be available for you up to two months after your termination of your employment.  The number for EAP services is 1-800-624-5544. 

Group Benefits
		
	•
	401k:  Your Termination Date will be forwarded to Fidelity Investment Management. If you have a current vested account balance of greater than $5,000, you may defer receipt of your distribution until a later date.  However, if your current vested account balance is less than $5,000 you cannot postpone and you are required to choose a distribution of your funds.  Options for distributions generally include a qualified roll-over into an IRA account or to another employer’s qualified retirement plan, or a cash distribution (less taxes and/or any penalties).  For additional information or if you wish to move your funds, you may contact Fidelity Investments at 800-835-5097 to request a distribution/rollover form, or go to www.401k.com to make the request.

		
	•
	Medical / Dental / Rx / Vision Insurance:  Your healthcare benefits remain effective through the end of the month in which you terminate.  You, your spouse, and/or your dependents are eligible to participate in COBRA for up to 18 months.  You will receive a packet of information with enrollment instructions and deadlines.  If you have any questions regarding your coverage, you may contact Blue Cross Blue Shield member services at 888-495-9340.

		
	•
	Life / Disability Insurance: Your basic group life insurance and/or voluntary life, or your long-term disability coverage may be converted to an individual policy for you and/or your dependents.  Your voluntary life may also be portable for you and your dependents.  For information about the difference between portability or conversion of your policies, please see the attached information sheet and application form for more details.

		
	•
	Executive Physical:  You will continue to be eligible for the company-paid executive physical benefit through the Termination Date.  

Release
It is a condition of receiving the lump sum payment and related benefits described above that you execute a Final Release and Waiver of Claims after your Termination Date.  This undertaking will contain a requirement that you not divulge or communicate any confidential business or financial information relating to Compass Minerals or any of its affiliated companies and will also contain other provisions common in settlements of this kind.  The Final Release and Waiver of Claims required to be executed is enclosed.  

All security, company credit cards, and keys and all Company property and material held outside your office is to be returned to Compass Minerals no later than March 31, 2016.  Without limiting the generality of the foregoing, this includes credit cards, cell phones, personal computers, keys, zip drives, documents, files, etc.  
To accept Compass Minerals’ offer please sign and return this letter to Steve Berger, Senior Vice President, Corporate Servcices, 9900 W 109th Street, Suite 100, Overland Park, KS 66210, no later than February 26, 2016.  If you have any questions/concerns please contact Steve Berger at 913.344.9381, or bergers@compassminerals.com. 
We wish you well in your future endeavors.

Respectfully, 
	
	
	/s/ Francis J. Malecha

	Francis J. Malecha

	President and CEO

Signed, Acknowledged & Accepted by:

	
	
	/s/ Keith Espelien

	Keith Espelien

FINAL RELEASE AND WAIVER OF CLAIM
This FINAL RELEASE AND WAIVER OF CLAIMS (“Agreement”) is by and between Compass Minerals International, Inc. (“the Company”), by and on behalf of itself and the Company Affiliates (as defined herein), and Keith Espelien (“You”) (collectively the “parties”). This FINAL RELEASE AND WAIVER OF CLAIMS shall become effective as of the Effective Date (as defined herein).

WHEREAS, You previously worked for the Company as Senior Vice President, Plant Nutrition; and
WHEREAS, the Company and You have agreed to conclude Your employment with the Company on the terms set forth herein as of March 31, 2016 ("Termination Date"); 
NOW, THEREFORE, the parties agree as follows:
1.    The Company agrees as follows in exchange for the consideration You are providing under this Agreement (provided this Agreement becomes effective and You do not revoke it):
a.    The Company and/or one of the Company Affiliates (as defined herein) will on the first payroll payment date after the Effective Date (as defined herein) provide You with a lump sum severance payment in the amount of $500,000.00  (less applicable deductions and withholdings), to which amount You agree You are not otherwise entitled. 
b.    The Company will provide You with outplacement assistance through Lee Hecht Harrison at the executive level.  Activation must occur by March 31, 2016.
c.    Your contributions into Compass Minerals’ non-qualified Restoration Plan will be paid to You in accordance with the terms of that plan and your prior election for payment of those benefits following the termination of employment.
2.    You agree as follows in exchange for the consideration the Company is providing under this Agreement:
a.    The consideration provided in ¶ 1 is all of the consideration to which You are entitled in connection with Your departure from Company.  You are expressly agreeing you are not entitled to any other future payments, including but not limited to, insurance plan premium reimbursement, COBRA premium reimbursement, and/or any pro-rata 2016 Annual Incentive Plan payment.
b.    To the maximum extent permitted by law and without exception, You through Your signature on this Agreement release and waive any and all claims, demands, or causes of action (collectively “claims”) known or unknown, suspected or unsuspected, that, as of the Effective Date, You have or could have against the Company and/or any or all of its current and/or former affiliated, related, or subsidiary corporations or entities, current and/or former directors, current and/or former officers, current and/or former fiduciaries, current and/or 

former employees, current and/or former agents, current and/or former successors, current and/or former assigns (collectively herein “the Company Affiliates”), all to the maximum extent permitted by law and without reservation, including but not limited to any and all claims related to the conclusion of Your employment with the Company. 
c.    The claims released and waived under this Agreement include, but are not limited to, any and all claims You and/or anyone acting on Your behalf hold or own or have at any time before the Effective Date held or owned against the Company and/or the Company Affiliates, including but not limited to, to the maximum extent permitted by law, claims under any federal and/or state Constitution; claims under any federal, state, and/or local common law, including but not limited to claims sounding in tort and/or contract; claims under any federal, state, and/or local public policy; claims under any federal, state, and/or local statute, regulation, ordinance, or other legislative or administrative enactment, including but not limited to, the Employee Retirement Income Security Act of 1974, as amended, the Family and Medical Leave Act, as amended, the Older Workers Benefits Protection Act of 1990, as amended, the Fair Labor Standards Act, as amended, the Sarbanes-Oxley Act of 2002, as amended, and/or any other federal, state or local law, ordinance or regulation (including but not limited to the Kansas Wage Payment Act, as amended) dealing with the payment of compensation, benefits, or vacation; the Occupational Safety and Health Act, as amended, and/or any claims for workers’ compensation retaliation and/or discrimination; claims for discrimination (including harassment) and/or retaliation under any federal, state, and/or local law, including but not limited to 42 U.S.C. §§ 1981, 1983, Title VII of the Civil Rights Act of 1964, as amended, the Civil Rights Act of 1991, as amended, the Americans with Disabilities Act, as amended, the Age Discrimination in Employment Act of 1967, as amended, the Rehabilitation Act, as amended, the Genetic Information Nondiscrimination Act, as amended, the Kansas Act Against Discrimination, as amended, the Kansas Age Discrimination in Employment Act, as amended, the Pregnancy Discrimination Act of 1978, as amended, the Equal Pay Act of 1963, as amended, and/or any other federal, state, and/or local statute, regulation, ordinance, or other legislative or administrative enactment dealing with discrimination in employment or retaliation for exercising any right or participating or engaging in any protected activity; and claims under any practice and/or policy of the Company, including but not limited to any bonus, health, stock option, retirement, and/or benefit plan of the Company and/or any of the Company Affiliates.
Note 1:  The foregoing Release does not include: (1) Your right to receive any vested retirement benefit in accordance with the terms of any retirement benefit plan sponsored by the Company or any of the Company Affiliates; or (2) any claims that You cannot release or waive by law, including but not limited to the right to file a charge with or participate in an investigation conducted by certain government agencies. However, You are releasing and waiving any right to any monetary recovery should any government agency (such as the Equal Employment Opportunity Commission) pursue any claims on Your behalf.

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Note 2:     Nothing in the foregoing Release is intended to limit or restrict (a) Your right to challenge the validity of this Agreement as to claims and rights asserted under the Age Discrimination in Employment Act or (b) Your right to enforce this Agreement. 

d.    The Company advised You/hereby advises You to consult with independent legal counsel regarding the tax treatment of any payments or benefits under this Agreement. In addition, neither the Company nor its Directors, officers, employees, or advisors has made any representations or warranties to You regarding the tax treatment of any payments or benefits under this Agreement, and none of them shall be liable for any taxes, interest, penalties, or other amounts owed by You.
e.    You agree You remain bound by the Confidentiality and Assignment of Invention Agreement You signed during Your employment with the Company.
f.    You shall reasonably cooperate with the Company in any investigation or litigation/future investigation or litigation as requested by the Company.
g.    You hereby reiterate and confirm Your agreement to the provisions of the Restrictive Covenant Agreement dated April 30, 2013, which You signed with the Company. 
h.    You will not disparage in any way or make negative comments of any sort about the Company or any of the Company Affiliates, their customers, and/or their vendors, whether orally or in writing and whether to a third party or to an employee of the Company and/or the Company Affiliates.  This prohibition does not limit Your right to file a charge with or participate in an investigation conducted by any appropriate federal, state or local government agency (Such as the National Labor Relations Board).  The Company shall not disparage in any way or make negative comments of any sort about Your personal or professional reputation.  
i.    You have returned to the Company any business records or documents relating to any activity of the Company and/or any of the Company Affiliates, including but not limited to files, records, documents, plans, drawings, specifications, equipment, software, pictures, and videotapes, whether prepared by You or not.

j.    You agree that You are not entitled under any other agreement with the Company to receive any consideration other than or in addition to that which You are receiving under this Agreement.

k.    You agree:
(i)    You received this Agreement on or before the Termination Date.
(ii)     The Company advised You/hereby advises You that You have 21 days from the Termination Date to consider this Agreement (although You may sign it sooner if You wish). 

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(iii)     The Company advised You/hereby advises You to consult with independent legal counsel before signing this Agreement.
(iv)     You may revoke this Agreement within 7 calendar days after You sign it by returning written revocation during that time to the Company (c/o Steven Berger at the Company's corporate headquarters) via certified mail, in the event of which this Agreement shall be void.
(v)     This Agreement shall be effective and enforceable on the 8th calendar day following the date You execute it, provided You do not earlier revoke it (“Effective Date”). 
(vi)     You are not aware of any facts that would substantiate a claim that the Company has violated Your rights or the rights of any other employee with regards to any federal, state, or local statute, including but not limited to those described in Section 2.c.
l.    You have read this Agreement, understand its terms, and sign it voluntarily of Your own free will and upon advice of independent legal counsel (at Your option), without coercion or duress, and with full understanding of its significance and binding effect.
m.    The Company shall indemnify You and hold You harmless for any claims based on work product(s) or communications generated by You during Your course of employment with the Company, including any acts of omissions, whether on Your behalf or on behalf of the Company, unless said claims are based on intentional or grossly negligent misconduct. The Company agrees to provide legal defense for You for any claims that may arise against You as a result of work You performed for the Company, and in the event of a conflict of interest between You and the Company in that representation, to provide for You to retain independent legal counsel. 
n.    If You are uncooperative or do not satisfactorily perform all requested actions of You during the time between Your Last Day (as defined in letter from Company to You on February 4, 2016 “Letter”) and your Termination Date, You will be immediately terminated from employment and shall be considered in breach of this Agreement and the Letter.
3.    In addition to the foregoing, the parties agree:
a.    Neither the existence of this Agreement nor anything in this Agreement shall constitute an admission of any liability on the part of You, the Company, or any of the Company Affiliates, the existence of which liability the parties expressly deny.
b.    Except as provided herein, this Agreement contains the entire agreement between You and the Company with respect to the matters contemplated hereby, and no modification or waiver of any provision of this Agreement will be valid unless in writing and signed by You and the Company. 

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c.    This Agreement shall be construed in accordance with the laws of the State of Kansas, the federal and state courts of which shall have exclusive jurisdiction over all actions related to this Agreement.
d.    This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute together one and the same Agreement.
e.    They are not relying on any representation of any other party not contained herein and that, in the event of any dispute concerning this Agreement, the parties shall be considered joint authors and no provision shall be interpreted against any party because of alleged authorship.
f.    This Agreement is binding on and inures to the benefit of the Company’s successors and assigns and Your heirs and assigns, and the Company may assign this Agreement, including, but not limited to, the prohibitions in paragraph 2.h. and the Confidentiality Agreement or the Restrictive Covenant Agreement referenced herein.

g.    This Agreement shall not be strictly construed by or against either party, it being the parties’ intent that this Agreement shall be interpreted as reasonable and so as to enforce the parties’ intent and to preserve this Agreement’s purpose.

IN WITNESS WHEREOF, the parties execute this Agreement on the day and year indicated below.

	
		
	Date: 2/17/2016
	/s/ Keith Espelien

	 
	Keith Espelien

	
			
	 
	 
	On Behalf of the Company:

	Date: 2/17/2016
	By:
	/s/ Steven N. Berger

	 
	Title:
	Sr. Vice President, Corporate Services

5Exhibit 10.1

 

Share
Exchange AGREEMENT

 

THIS
AGREEMENT is made effective as of the 10th day of February, 2016

 

	AMONG:	 
	 	 
	 	PACIFIC GREEN TECHNOLOGIES
    INC., a Delaware corporation
	 	 
	 	(“Pubco”)
	 	 
	AND:	 
	 	 
	 	THE UNDERSIGNED
    SHAREHOLDERS OF ENVIROTECHNOLOGIES INC. AS LISTED ON Schedule 1 ATTACHED HERETO
	 	 
	 	(the “Selling
    Shareholders”)

 

WHEREAS:

 

	A.	the Selling Shareholders
    are the registered and beneficial owners of certain issued and outstanding shares in the capital of EnviroTechnologies, Inc.
    (“Enviro”);

 

	B.	Pubco has agreed
    to issue common shares in the capital of Pubco as of the Closing Date, as defined herein, to the Selling Shareholders as consideration
    for the purchase by Pubco of the issued and outstanding common shares of Enviro held by the Selling Shareholders; and

 

	C.	upon the terms and
    subject to the conditions set forth in this Agreement, the Selling Shareholders have agreed to sell all of the issued and
    outstanding common shares of Enviro held by the Selling Shareholders to Pubco in exchange for common shares of Pubco.

 

THEREFORE,
in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration (the receipt
and sufficiency of which are hereby acknowledged), the parties covenant and agree as follows:

 

	1.	DEFINITIONS

 

	1.1	Definitions

 

The
following terms have the following meanings, unless the context indicates otherwise:

 

	 	(a)	“Agreement”
    shall mean this Agreement, and all the exhibits, schedules and other documents attached to or referred to in this Agreement,
    and all amendments and supplements, if any, to this Agreement;

 

	 	(b)	“Closing”
    shall mean the completion of the Transaction, in accordance with Section 6 hereof, at which the Closing Documents shall be
    exchanged by the parties, except for those documents or other items specifically required to be exchanged at a later time;

 

	 	(c)	“Closing
    Date” shall mean a date mutually agreed upon by the parties hereto in writing and in accordance with Section 10.6
    following the satisfaction or waiver by Pubco and Enviro of the conditions precedent set out in Sections 5.1 and 5.2 respectively;

 

     

     

    

 

	 	(d)	“Closing
    Documents” shall mean the papers, instruments and documents required to be executed and delivered at the Closing
    pursuant to this Agreement;

 

	 	(e)	“Exchange
    Act” shall mean the United States Securities Exchange Act of 1934, as amended;

 

	 	(f)	“GAAP”
    shall mean United States generally accepted accounting principles applied in a manner consistent with prior periods;

 

	 	(g)	“Liabilities”
    shall include any direct or indirect indebtedness, guaranty, endorsement, claim, loss, damage, deficiency, cost, expense,
    obligation or responsibility, fixed or unfixed, known or unknown, asserted choate or inchoate, liquidated or unliquidated,
    secured or unsecured;

 

	 	(h)	“Enviro
    Shares” shall mean the certain common shares of Enviro held by the Selling Shareholders, consisting of the issued
    and outstanding common shares of Enviro beneficially held, either directly or indirectly, by the Selling Shareholders;

 

	 	(i)	“Post-Closing”
    shall mean the completion of the Transaction, in accordance with Section 7 hereof, at which the Post Closing Documents shall
    be delivered by the parties;

 

	 	(j)	“Post-Closing
    Date” shall mean a date that is not more than 90 days on or after the Closing Date, as determined by Pubco, in its
    sole discretion;

 

	 	(k)	“Post-Closing
    Documents” shall mean the papers, instruments and documents required to be executed and delivered at the Post Closing
    pursuant to this Agreement;

 

	 	(l)	“Pubco
    Shares” shall mean the fully paid and non-assessable common shares of Pubco, to be issued to the Selling Shareholders
    by Pubco on the Closing Date;

 

	 	(m)	“SEC”
    shall mean the Securities and Exchange Commission;

 

	 	(n)	“Securities
    Act” shall mean the United States Securities Act of 1933, as amended;

 

	 	(o)	“Taxes”
    shall include international, federal, state, provincial and local income taxes, capital gains tax, value-added taxes, franchise,
    personal property and real property taxes, levies, assessments, tariffs, duties (including any customs duty), business license
    or other fees, sales, use and any other taxes relating to the assets of the designated party or the business of the designated
    party for all periods up to and including the Closing Date, together with any related charge or amount, including interest,
    fines, penalties and additions to tax, if any, arising out of tax assessments; and

 

	 	(p)	“Transaction”
    shall mean the purchase of the Enviro Shares by Pubco from the Selling Shareholders in consideration for the issuance of the
    Pubco Shares.

 

	1.2	Schedules

 

The
following schedules are attached to and form part of this Agreement:

 

	 	Schedule
    1	–	Selling
    Shareholders
	 	Schedule
    1A	–	Execution
    Page of Selling Shareholders
	 	Schedule
    2A	–	Certificate
    of Non-U.S. Shareholder
	 	Schedule
    2B	–	Certificate
    of U.S Shareholder

 

    	 	- 2 -	 

     

    

 

	1.3	Currency
	 	
	 	All
    references to currency referred to in this Agreement are in United States Dollars (US$), unless expressly stated otherwise.

 

	2.	THE
    OFFER, PURCHASE AND Sale of Shares

 

	2.1	Offer,
    Purchase and Sale of Shares
	 	 
	 	Subject
    to the terms and conditions of this Agreement, the Selling Shareholders hereby covenant and agree to sell, assign and transfer
    to Pubco, and Pubco hereby covenants and agrees to purchase from the Selling Shareholders all of the Enviro Shares held by
    the Selling Shareholders.

 

	2.2	Consideration
	 	 
	 	As
    consideration for the sale of the Enviro Shares by the Selling Shareholders to Pubco, Pubco shall allot and issue the Pubco
    Shares to the Selling Shareholders in the amount set out opposite each Selling Shareholder’s name in Schedule 1. The
    Selling Shareholders acknowledge and agree that the Pubco Shares are being issued pursuant to an exemption from the prospectus
    and registration requirements of the Securities Act. As required by applicable securities law, the Selling Shareholders agree
    to abide by all applicable resale restrictions and hold periods imposed by all applicable securities legislation. All certificates
    representing the Pubco Shares issued on Closing will be endorsed with one of the following legends pursuant to the Securities
    Act in order to reflect the fact that the Pubco Shares will be issued to the Selling Shareholders pursuant to an exemption
    from the registration requirements of the Securities Act:
	 	 
	 	For
    the Selling Shareholders not resident in the United States:

  

“THE
SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED
HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

 

NONE
OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING
THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON”
ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

    	 	- 3 -	 

     

    

 

For
the Selling Shareholders resident in the United States:

 

“NONE
OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933
ACT”), OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY,
IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE
1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN
A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

	2.3	Share
    Exchange Procedure

 

Each
the Selling Shareholder may exchange his, her or its certificate representing the Enviro Shares by delivering such certificate
to Pubco duly executed and endorsed in blank (or accompanied by duly executed stock powers duly endorsed in blank), in each case
in proper form for transfer, with signatures guaranteed, and, if applicable, with all stock transfer and any other required
documentary stamps affixed thereto and with appropriate instructions to allow the transfer agent to issue certificates for the
Pubco Shares to the holder thereof, together with:

 

	 	(a)	if
    the Selling Shareholder is not resident in the United States, a Certificate of Non-U.S. Shareholder (the “Regulation
    S Certificate”), a copy of which is set out in Schedule 2A; and

 

	 	(b)	if
    the Selling Shareholder is resident in the United States, a Certificate of U.S. Shareholder (the “Rule 506 Certificate”),
    a copy of which is set out in Schedule 2B.

 

(collectively,
the “Questionnaires”)

 

	2.4	Fractional
    Shares
	 	 
	 	Notwithstanding
    any other provision of this Agreement, no certificate for fractional shares of the Pubco Shares will be issued in the Transaction.
    In lieu of any such fractional shares, if any of the Selling Shareholders would otherwise be entitled to receive a fraction
    of a share of the Pubco Shares upon surrender of certificates representing the Enviro Shares for exchange pursuant to this
    Agreement, the Selling Shareholders will be entitled to have such fraction rounded up to the nearest whole number of Pubco
    Shares and will receive from Pubco a stock certificate representing same.

 

    	 	- 4 -	 

     

    

 

	2.5	Closing
    Date
	 	 
	 	The
    Closing will take place, subject to the terms and conditions of this Agreement, on the Closing Date.

 

	2.6	Restricted
    Shares
	 	 
	 	The
    Selling Shareholders acknowledge that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement
    will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred
    or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an
    exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only
    in accordance with all applicable securities laws. In addition to the foregoing, the Selling Shareholders agree that they
    will not sell, assign or transfer any of the Pubco Shares for a period of 12 months from the Closing Date, and that Pubco
    may place appropriate legends on the Pubco Share certificates to reflect this restriction.

 

	2.7	Exemptions
	 	 
	 	The
    Selling Shareholders acknowledge that Pubco has advised such Selling Shareholders that Pubco is relying upon the representations
    and warranties of the Selling Shareholders set out in the Questionnaires to issue the Pubco Shares under an exemption from
    the registration requirements of the Securities Act.

 

	3.	REPRESENTATIONS
    AND WARRANTIES OF THE SELLING SHAREHOLDERS
	 	 
	 	As
    of the Closing, the Selling Shareholders, represent and warrant to Pubco, and acknowledge that Pubco is relying upon such
    representations and warranties, in connection with the execution, delivery and performance of this Agreement, notwithstanding
    any investigation made by or on behalf of Pubco, as follows:

 

	3.1	Title
    and Authority of Selling Shareholders.
	 	 
	 	Each
    of the Selling Shareholders is and will be as of the Closing, the registered and beneficial owner of and will have good and
    marketable title to all of the Enviro Common Stock held by it and will hold such free and clear of all liens, charges and
    encumbrances whatsoever; and such Enviro Common Stock held by such Selling Shareholders have been duly and validly issued
    and are outstanding as fully paid and non-assessable common shares in the capital of Enviro. Each of the Selling Shareholders
    has due and sufficient right and authority to enter into this Agreement on the terms and conditions herein set forth and to
    transfer the registered, legal and beneficial title and ownership of the Enviro Common Stock held by it.

 

Notwithstanding
Section 10.1 hereof, the representations and warranties contained in this section shall survive Closing indefinitely.

 

	4.	REPRESENTATIONS
    AND WARRANTIES OF Pubco
	 	 
	 	As
    of the Closing, Pubco represents and warrants to Enviro and the Selling Shareholders and acknowledges that Enviro and the
    Selling Shareholders are relying upon such representations and warranties in connection with the execution, delivery and performance
    of this Agreement, notwithstanding any investigation made by or on behalf of Enviro or the Selling Shareholders, as follows:

 

    	 	- 5 -	 

     

    

 

	4.1	Organization
    and Good Standing
	 	 
	 	Pubco
    is duly incorporated, organized, validly existing and in good standing under the laws of the State of Delaware and has all
    requisite corporate power and authority to own, lease and to carry on its business as now being conducted. Pubco is qualified
    to do business and is in good standing as a foreign corporation in each of the jurisdictions in which it owns property, leases
    property, does business, or is otherwise required to do so, where the failure to be so qualified would have a material adverse
    effect on the businesses, operations, or financial condition of Pubco.

 

	4.2	Authority
	 	 
	 	Pubco
    has all requisite corporate power and authority to execute and deliver this Agreement and any other document contemplated
    by this Agreement (collectively, the “Pubco Documents”) to be signed by Pubco and to perform its obligations
    hereunder and to consummate the transactions contemplated hereby. The execution and delivery of each of the Pubco Documents
    by Pubco and the consummation by Pubco of the transactions contemplated hereby have been duly authorized by its board of directors
    and no other corporate or shareholder proceedings on the part of Pubco is necessary to authorize such documents or to consummate
    the transactions contemplated hereby. This Agreement has been, and the other Pubco Documents when executed and delivered by
    Pubco as contemplated by this Agreement will be, duly executed and delivered by Pubco and this Agreement is, and the other
    Pubco Documents when executed and delivered by Pubco, as contemplated hereby will be, valid and binding obligations of Pubco
    enforceable in accordance with their respective terms, except:

 

	 	(a)	as
    limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting
    enforcement of creditors’ rights generally;

 

	 	(b)	as
    limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies; and

 

	 	(c)	as
    limited by public policy.

 

	4.3	Capitalization
    of Pubco
	 	 
	 	The
    entire authorized capital stock and other equity securities of Pubco consists of 500,000,000 shares of common stock
    with a par value of $0.001 (the “Pubco Common Stock”).

 

	4.4	Non-Contravention
	 	 
	 	Neither
    the execution, delivery and performance of this Agreement, nor the consummation of the Transaction, will:

 

	 	(a)	conflict
    with, result in a violation of, cause a default under (with or without notice, lapse of time or both) or give rise to a right
    of termination, amendment, cancellation or acceleration of any obligation contained in or the loss of any material benefit
    under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the material properties
    or assets of Pubco under any term, condition or provision of any loan or credit agreement, note, debenture, bond, mortgage,
    indenture, lease or other agreement, instrument, permit, license, judgment, order, decree, statute, law, ordinance, rule or
    regulation applicable to Pubco or any of its material property or assets;

 

	 	(b)	violate
    any provision of the applicable incorporation or charter documents of Pubco; or

 

    	 	- 6 -	 

     

    

 

	 	(c)	violate
    any order, writ, injunction, decree, statute, rule, or regulation of any court or governmental or regulatory authority applicable
    to Pubco or any of its material property or assets.

 

	4.5	Validity
    of Pubco Common Stock Issuable upon the Transaction
	 	 
	 	The
    Pubco Shares to be issued to the Selling Shareholders upon consummation of the Transaction in accordance with this Agreement
    will, upon issuance, have been duly and validly authorized and, when so issued in accordance with the terms of this Agreement,
    will be duly and validly issued, fully paid and non-assessable.

 

	4.6	Compliance

 

	 	(a)	To
    the best knowledge of Pubco, Pubco is in compliance with, is not in default or violation in any material respect under, and
    has not been charged with or received any notice at any time of any material violation of any statute, law, ordinance, regulation,
    rule, decree or other applicable regulation to the business or operations of Pubco;

 

	 	(b)	To
    the best knowledge of Pubco, Pubco is not subject to any judgment, order or decree entered in any lawsuit or proceeding applicable
    to its business and operations that would constitute a Pubco Material Adverse Effect;

 

	 	(c)	Pubco
    has duly filed all reports and returns required to be filed by it with governmental authorities and has obtained all governmental
    permits and other governmental consents, except as may be required after the execution of this Agreement. All of such permits
    and consents are in full force and effect, and no proceedings for the suspension or cancellation of any of them, and no investigation
    relating to any of them, is pending or to the best knowledge of Pubco, threatened, and none of them will be affected in a
    material adverse manner by the consummation of the Transaction; and

 

	 	(d)	Pubco
    has operated in material compliance with all laws, rules, statutes, ordinances, orders and regulations applicable to its business.
    Pubco has not received any notice of any violation thereof, nor is Pubco aware of any valid basis therefore.

 

	4.7	Filings,
    Consents and Approvals
	 	 
	 	No
    filing or registration with, no notice to and no permit, authorization, consent, or approval of any public or governmental
    body or authority or other person or entity is necessary for the consummation by Pubco of the Transaction contemplated by
    this Agreement to continue to conduct its business after the Closing Date in a manner which is consistent with that in which
    it is presently conducted.

 

	4.8	SEC
    Filings
	 	 
	 	Pubco
    has furnished or made available to Enviro and the Selling Shareholders a true and complete copy of each report, schedule,
    registration statement and proxy statement filed by Pubco with the SEC (collectively, and as such documents have since the
    time of their filing been amended, the “Pubco SEC Documents”). As of their respective dates, the Pubco
    SEC Documents complied in all material respects with the requirements of the Securities Act, or the Exchange Act, as the case
    may be, and the rules and regulations of the SEC thereunder applicable to such Pubco SEC Documents. The Pubco SEC Documents
    constitute all of the documents and reports that Pubco was required to file with the SEC pursuant to the Exchange Act and
    the rules and regulations promulgated thereunder by the SEC.

 

    	 	- 7 -	 

     

    

 

	4.9	Listing
    and Maintenance Requirements
	 	 
	 	Pubco
    is not currently quoted on the OTC Bulletin Board and has not, in the 12 months preceding the date hereof, received any notice
    from the OTC Bulletin Board or the FINRA or any trading market to the effect that Pubco would not be eligible to list or be
    quoted on any such trading market.

 

	5.	CLOSING
    CONDITIONS

 

	5.1	Conditions
    Precedent to Closing by Pubco
	 	 
	 	The
    obligation of Pubco to consummate the Transaction is subject to the satisfaction or written waiver of the conditions set forth
    below by a date mutually agreed upon by the parties hereto in writing and in accordance with Section 10.6. The Closing of
    the Transaction contemplated by this Agreement will be deemed to mean a waiver of all conditions to Closing. These conditions
    precedent are for the benefit of Pubco and may be waived by Pubco in its sole discretion.

 

	 	(a)	Representations
    and Warranties
	 	 	 
	 	 	The
    representations and warranties of the Selling Shareholders set forth in this Agreement will be true, correct and complete
    in all respects as of the Closing Date, as though made on and as of the Closing Date.

 

	 	(b)	Performance
	 	 	 
	 	 	All
    of the covenants and obligations that the Selling Shareholders are required to perform or to comply with pursuant to this
    Agreement at or prior to the Closing must have been performed and complied with in all material respects.

 

	 	(c)	No
    Action

 

No
suit, action, or proceeding will be pending or threatened which would:

 

	 	(i)	prevent
    the consummation of any of the transactions contemplated by this Agreement; or

 

	 	(ii)	cause
    the Transaction to be rescinded following consummation.

 

	 	(d)	Due
    Diligence Generally

 

Pubco
and its solicitors will be reasonably satisfied with their due diligence investigation of Enviro that is reasonable and customary
in a transaction of a similar nature to that contemplated by the Transaction, including:

 

	 	(i)	materials,
    documents and information in the possession and control of Enviro and the Selling Shareholders which are reasonably germane
    to the Transaction;

 

	 	(ii)	a
    physical inspection of the assets of Enviro by Pubco or its representatives; and

 

	 	(iii)	title
    to the material assets of Enviro.

 

    	 	- 8 -	 

     

    

 

	 	(e)	Compliance
    with Securities Laws

 

Pubco
will have received evidence satisfactory to Pubco that the Pubco Shares issuable in the Transaction will be issuable without registration
pursuant to the Securities Act in reliance on an exemption from the registration requirements of the Securities Act provided by
Regulation S and/or Regulation D.

 

In
order to establish the availability of the safe harbor from the registration requirements of the Securities Act for the issuance
of Pubco Shares to each Selling Shareholder, Enviro will deliver to Pubco on Closing, a Regulation S Certificate or Rule 506 Certificate,
as applicable, and a Questionnaire duly executed by each Selling Shareholder.

 

	 	5.2	Conditions
    Precedent to Closing by the Selling Shareholders

 

The
obligation of the Selling Shareholders to consummate the Transaction is subject to the satisfaction or written waiver of the conditions
set forth below by a date mutually agreed upon by the parties hereto in writing and in accordance with Section 10.6. The Closing
of the Transaction will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit
of the Selling Shareholders and may be waived by the Selling Shareholders in their discretion.

 

	 	(a)	Representations
    and Warranties

 

The
representations and warranties of Pubco set forth in this Agreement will be true, correct and complete in all respects as of the
Closing Date, as though made on and as of the Closing Date and Pubco will have delivered to Enviro a certificate dated the Closing
Date, to the effect that the representations and warranties made by Pubco in this Agreement are true and correct.

 

	 	(b)	Performance

 

All
of the covenants and obligations that Pubco are required to perform or to comply with pursuant to this Agreement at or prior to
the Closing must have been performed and complied with in all material respects. Pubco must have delivered each of the documents
required to be delivered by it pursuant to this Agreement.

 

	 	(c)	Transaction
    Documents

 

This
Agreement, and all other documents necessary or reasonably required to consummate the Transaction, all in form and substance reasonably
satisfactory to Enviro, will have been executed and delivered by Pubco.

 

	 	(d)	No
    Action

 

No
suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable
judgment, order, decree, stipulation, injunction or charge would result in and/or:

 

	 	(i)	prevent
    the consummation of any of the transactions contemplated by this Agreement; or

 

	 	(ii) 	cause
    the Transaction to be rescinded following consummation.

 

    	 	- 9 -	 

     

    

 

	 	(e)	Due
    Diligence Generally

 

A
Selling Shareholder will be reasonably satisfied with their respective due diligence investigation of Pubco that is reasonable
and customary in a transaction of a similar nature to that contemplated by the Transaction.

 

	6.	CLOSING

 

	6.1	Closing

 

The
Closing shall take place on the Closing Date at the offices of the lawyers for Pubco or at such other location as agreed to by
the parties. Notwithstanding the location of the Closing, each party agrees that the Closing may be completed by the exchange
of undertakings between the respective legal counsels provided such undertakings are satisfactory to each party’s respective
legal counsel.

 

	6.2	Closing
    Date Deliveries of the Selling Shareholders

 

On
the Closing Date, the Selling Shareholders will deliver or cause to be delivered the following, fully executed and in the form
and substance reasonably satisfactory to Pubco:

 

	 	(a)	if
    any of the Selling Shareholders appoint any person, by power of attorney or equivalent, to execute this Agreement or any other
    agreement, document, instrument or certificate contemplated by this agreement, on behalf of the Selling Shareholder, a valid
    and binding power of attorney or equivalent from such Selling Shareholder; and

 

	 	(b)	certificates
    and other documents required by Sections 2.3 and 5.2 of this Agreement.

 

	6.3	Closing
    Date Deliveries of Pubco

 

On
the Closing Date, Pubco will deliver or cause to be delivered to the Selling Shareholders the following, fully executed and in
the form and substance reasonably satisfactory to the Selling Shareholders:

 

	 	(a)	copies
    of all resolutions and/or consent actions adopted by or on behalf of the board of directors of Pubco evidencing approval of
    this Agreement and the Transaction;

 

	 	(b)	Copies
    of the Pubco Shares issued to the Selling Shareholder, the originals of which will be held in escrow and released upon satisfaction
    of the Post Closing deliveries required under section 7.2; and

 

	 	(c)	all
    confirmations and other documents required by Section 5.1 of this Agreement.

 

	7.	POST-CLOSING

 

	7.1	Post-Closing
    

 

The
Post-Closing shall take place on the Post-Closing Date at the offices of the lawyers for Pubco or at such other location as agreed
to by the parties. Notwithstanding the location of the Post-Closing, each party agrees that the Post-Closing may be completed
by the exchange of undertakings between the respective legal counsels provided such undertakings are satisfactory to each party’s
respective legal counsel.

 

    	 	- 10 -	 

     

    

 

	7.2	Post-Closing
    Date Deliveries of the Selling Shareholders

 

On
the Post-Closing Date, the Selling Shareholders will deliver or cause to be delivered to Pubco the following, fully executed and
in the form and substance reasonably satisfactory to Pubco:

 

	 	(a)	share
    certificates representing the Enviro Shares as required by Section 2.3 of this Agreement for reregistration of the Enviro
    Shares; and

 

	 	(b)	any
    other necessary documents, each duly executed by Enviro, as required to give effect to the Transaction and, specifically,
    the reregistration of the Enviro Shares.

 

	8.	TERMINATION

 

	8.1	Termination

 

This
Agreement may be terminated at any time prior to the Closing Date contemplated hereby by:

 

	 	(a)	mutual
    agreement of Pubco and a Selling Shareholder;

 

	 	(b)	Pubco,
    if there has been a material breach by a Selling Shareholder or any of the Selling Shareholders of any material representation,
    warranty, covenant or agreement set forth in this Agreement on the part of a Selling Shareholder or the Selling Shareholders
    that is not cured, to the reasonable satisfaction of Pubco, within ten business days after notice of such breach is given
    by Pubco (except that no cure period will be provided for a breach by a Selling Shareholder or the Selling Shareholders that
    by its nature cannot be cured);
	 	 	 
	 	 	A
    Selling Shareholder, if there has been a material breach by Pubco of any material representation, warranty, covenant or agreement
    set forth in this Agreement on the part of Pubco that is not cured by the breaching party, to the reasonable satisfaction
    of a Selling Shareholder, within ten business days after notice of such breach is given by a Selling Shareholder (except that
    no cure period will be provided for a breach by Pubco that by its nature cannot be cured); or

 

	 	(c)	Pubco
    or a Selling Shareholder if any permanent injunction or other order of a governmental entity of competent authority preventing
    the consummation of the Transaction contemplated by this Agreement has become final and non-appealable.

 

	8.2	Effect
    of Termination

 

In
the event of the termination of this Agreement as provided in Section 8.1, this Agreement will be of no further force or effect,
provided, however, that no termination of this Agreement will relieve any party of liability for any breaches of this Agreement
that are based on a wrongful refusal or failure to perform any obligations.

 

	9.	INDEMNIFICATION,
    REMEDIES, SURVIVAL

 

	9.1	Certain
    Definitions

 

For
the purposes of this Article 9 the terms “Loss” and “Losses” mean any and all demands,
claims, actions or causes of action, assessments, losses, damages, Liabilities, costs, and expenses, including without limitation,
interest, penalties, fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding any indirect,
consequential or punitive damages suffered by Pubco or Enviro including damages for lost profits or lost business opportunities.

 

    	 	- 11 -	 

     

    

 

	9.2	Agreement
    of the Selling Shareholders to Indemnify

 

The
Selling Shareholders will indemnify, defend, and hold harmless, to the full extent of the law, Pubco and its shareholders from,
against, and in respect of any and all Losses asserted against, relating to, imposed upon, or incurred by Pubco and its shareholders
by reason of, resulting from, based upon or arising out of:

 

	 	(a)	any
    breach by the Selling Shareholders of Section 2.2 of this Agreement; or

 

	 	(b)	any
    misstatement, misrepresentation or breach of the representations and warranties made by the Selling Shareholders contained
    in or made pursuant to the Regulation S Certificate, Rule 506 Certificate or the Questionnaire executed by each Selling Shareholder
    as part of the share exchange procedure detailed in Section 2.3 of this Agreement.

 

	 	9.3	Agreement
    of Pubco to Indemnify

 

Pubco
will indemnify, defend, and hold harmless, to the full extent of the law, the Selling Shareholders from, against, for, and in
respect of any and all Losses asserted against, relating to, imposed upon, or incurred by the Selling Shareholders by reason of,
resulting from, based upon or arising out of:

 

	 	(a)	the
    breach by Pubco of any representation or warranty of Pubco contained in or made pursuant to this Agreement, any Pubco Document
    or any certificate or other instrument delivered pursuant to this Agreement; or

 

	 	(b)	the
    breach or partial breach by Pubco of any covenant or agreement of Pubco made in or pursuant to this Agreement, any Pubco Document
    or any certificate or other instrument delivered pursuant to this Agreement.

 

	 	10.	MISCELLANEOUS
    PROVISIONS

 

	 	10.1	Effectiveness
    of Representations; Survival

 

Each
party is entitled to rely on the representations, warranties and agreements of each of the other parties and all such representation,
warranties and agreement will be effective regardless of any investigation that any party has undertaken or failed to undertake.
Unless otherwise stated in this Agreement, and except for instances of fraud, the representations, warranties and agreements will
survive the Closing Date and continue in full force and effect until one (1) year after the Closing Date.

 

	 	10.2	Further
    Assurances

 

Each
of the parties hereto will co-operate with the others and execute and deliver to the other parties hereto such other instruments
and documents and take such other actions as may be reasonably requested from time to time by any other party hereto as necessary
to carry out, evidence, and confirm the intended purposes of this Agreement.

 

    	 	- 12 -	 

     

    

 

	 	10.3	Amendment

 

This
Agreement may not be amended except by an instrument in writing signed by each of the parties.

 

	 	10.4	Expenses

 

Pubco
will bear all costs incurred in connection with the preparation, execution and performance of this Agreement and the Transaction
contemplated hereby, including all fees and expenses of agents, representatives and accountants; provided that Pubco and Enviro
will bear its respective legal costs incurred in connection with the preparation, execution and performance of this Agreement
and the Transaction contemplated hereby.

 

	 	10.5	Entire
    Agreement

 

This
Agreement, the schedules attached hereto and the other documents in connection with this transaction contain the entire agreement
between the parties with respect to the subject matter hereof and supersede all prior arrangements and understandings, both written
and oral, expressed or implied, with respect thereto. Any preceding correspondence or offers are expressly superseded and terminated
by this Agreement.

 

	 	10.6	Notices

 

All
notices and other communications required or permitted under this Agreement must be in writing and will be deemed given if sent
by personal delivery, faxed with electronic confirmation of delivery, internationally-recognized express courier or registered
or certified mail (return receipt requested), postage prepaid, to the parties at the following addresses (or at such other address
for a party as will be specified by like notice):

 

If
to any of the Selling Shareholders:

 

	 	 	 
	 	 	 
	 	 	 

 

	 	Attention:	 	 
	 	Telephone:	 	 

 

If
to Pubco:

 

	 	c/o
    Macdonald Tuskey, Corporate and Securities Lawyers

    Barristers & Solicitors
 Suite 400 – 570 Granville Street
 Vancouver, British Columbia
 Canada V6C 3P1
	 	 	 
	 	Attention:	Bill
    Macdonald
	 	Telephone:	(604)
                                         648-1670

	 	Facsimile:	(604)
    681-4760

 

    	 	- 13 -	 

     

    

 

	 	All
    such notices and other communications will be deemed to have been received:
	 	 	 
	 	(a)	in
    the case of personal delivery, on the date of such delivery;

 

	 	(b)	in
    the case of a fax, when the party sending such fax has received electronic confirmation of its delivery;

 

	 	(c)	in
    the case of delivery by internationally-recognized express courier, on the business day following dispatch; and

 

	 	(d)	in
    the case of mailing, on the fifth business day following mailing.

 

	 	10.7	Independent
    Legal Advice. 

 

Each
Selling Shareholder acknowledges that:

 

	 	(a)	this
    Agreement was prepared by counsel for Pubco;

 

	 	(b)	counsel
    received instructions from Pubco and does not represent the Selling Shareholder;

 

	 	(c)	the
    Selling Shareholder has been requested to obtain his own independent legal advice on this Agreement prior to signing this
    Agreement;

 

	 	(d)	the
    Selling Shareholder has been given adequate time to obtain independent legal advice;

 

	 	(e)	by
    signing this Agreement, the Selling Shareholder confirms that he fully understands this Agreement; and

 

	 	(f)	by
    signing this Agreement without first obtaining independent legal advice, the Selling Shareholder waives his right to obtain
    independent legal advice.

 

	 	10.8	Headings

 

The
headings contained in this Agreement are for convenience purposes only and will not affect in any way the meaning or interpretation
of this Agreement.

 

	 	10.9	Benefits

 

This
Agreement is and will only be construed as for the benefit of or enforceable by those persons party to this Agreement.

 

	 	10.10	Assignment

 

This
Agreement may not be assigned (except by operation of law) by any party without the consent of the other parties.

 

	 	10.11	Governing
    Law

 

This
Agreement will be governed by and construed in accordance with the laws of the State of Delaware applicable to contracts made
and to be performed therein.

 

    	 	- 14 -	 

     

    

 

	 	10.12	Construction

 

The
language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no
rule of strict construction will be applied against any party.

 

	 	10.13	Gender

 

All
references to any party will be read with such changes in number and gender as the context or reference requires.

 

	 	10.14	Business
    Days

 

If
the last or appointed day for the taking of any action required or the expiration of any rights granted herein shall be a Saturday,
Sunday or a legal holiday in the State of Delaware, then such action may be taken or right may be exercised on the next succeeding
day which is not a Saturday, Sunday or such a legal holiday.

 

	 	10.15	Counterparts

 

This
Agreement may be executed in one or more counterparts, all of which will be considered one and the same agreement and will become
effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood
that all parties need not sign the same counterpart.

 

	 	10.16	Fax
    Execution

 

This
Agreement may be executed by delivery of executed signature pages by fax and such fax execution will be effective for all purposes.

 

 

[THIS
PART INTENTIONALL LEFT BLANK]

 

    	 	- 15 -	 

     

    

 

	 	10.17	Schedules
    and Exhibits

 

The
schedules and exhibits are attached to this Agreement and incorporated herein.

 

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

 

	PACIFIC
    GREEN TECHNOLOGIES INC.	 
	 	 	 
	Per:	 	 
	 	Authorized
    Signatory	 
	 	Name:
    Neil Carmichael	 
	 	Title:
    President	 

 

	THE
    SELLING SHAREHOLDER	 
	 	 
	(                                                                   )	 

 

	Per:	 	 
	 	Authorized
    Signatory	 
	 	Name:                                                                    	 
	 	Title:                                                                      	 

 

    	 	- 16 -	 

     

    

 

Schedule
1 

 

TO
THE SHARE EXCHANGE AGREEMENT

AMONG PACIFIC GREEN TECHNOLOGIES INC. AND THE SELLING SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

THE
SELLING SHAREHOLDERS

 

	Ref
No.
	Shareholder’s
    Name	Address	Number
of 

        Enviro
Shares 

        Held
before 

        Closing
	Total
Number of 

        Pubco
Shares 

        to
be issued by 

        Pubco
        on Closing

	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

 

     

     

    

 

SCHEDULE
1A

 

TO
THE SHARE EXCHANGE AGREEMENT

AMONG
PACIFIC GREEN TECHNOLOGIES AND THE SELLING SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

ACKNOWLEDGED
AND AGREED TO THIS 10th day of February, 2016, BY:

 

	 	 
	(Name
    of Subscriber – Please type or print)	 
	 	 
	 	 
	(Signature
    of Authorized Signatory)	 
	 	 
	 	 
	(Name
    of Authorized Signatory)	 
	 	 
	 	 
	(Office
    of Authorized Signatory)	 
	 	 
	 	 
	(Address
    of Subscriber)	 
	 	 
	 	 
	(City,
    State or Province, Postal Code of Subscriber)	 
	 	 
	 	 
	(Country
    of Subscriber)	 
	 	 
	 	 
	(Telephone
    number of Subscriber)	 

 

    	 	- 2 -	 

     

    

 

Schedule
2A

 

TO
THE SHARE EXCHANGE AGREEMENT

AMONG PACIFIC GREEN TECHNOLOGIES INC., AND THE SELLING SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

CERTIFICATE
OF NON-U.S. SHAREHOLDER

 

In
connection with the issuance of common stock (the “Pubco Shares”) of PACIFIC GREEN TECHNOLOGIES INC., a Delaware corporation
(“Pubco”), to the undersigned, pursuant to that certain Share Exchange Agreement dated February 10, 2016 (the “Agreement”),
among Pubco, and the shareholders of Enviro as set out in the Agreement (each, a “Selling Shareholder”), the undersigned
Selling Shareholder hereby agrees, acknowledges, represents and warrants that:

 

1.            the
undersigned is not a “U.S. Person” as such term is defined by Rule 902 of Regulation S under the United States Securities
Act of 1933, as amended (“U.S. Securities Act”) (the definition of which includes, but is not limited to, an individual
resident in the U.S. and an estate or trust of which any executor or administrator or trust, respectively is a U.S. Person and
any partnership or corporation organized or incorporated under the laws of the U.S.);

 

2.            none
of the Pubco Shares have been or will be registered under the U.S. Securities Act, or under any state securities or “blue
sky” laws of any state of the United States, and may not be offered or sold in the United States or, directly or indirectly,
to U.S. Persons, as that term is defined in Regulation S, except in accordance with the provisions of Regulation S or pursuant
to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance
with any applicable state and foreign securities laws;

 

3.            the
Selling Shareholder understands and agrees that offers and sales of any of the Pubco Shares prior to the expiration of a period
of one year after the date of original issuance of the Pubco Shares (the one year period hereinafter referred to as the “Distribution
Compliance Period”) shall only be made in compliance with the safe harbor provisions set forth in Regulation S, pursuant
to the registration provisions of the U.S. Securities Act or an exemption therefrom, and that all offers and sales after the Distribution
Compliance Period shall be made only in compliance with the registration provisions of the U.S. Securities Act or an exemption
therefrom and in each case only in accordance with applicable state and foreign securities laws;

 

4.            the
Selling Shareholder understands and agrees not to engage in any hedging transactions involving any of the Pubco Shares unless
such transactions are in compliance with the provisions of the U.S. Securities Act and in each case only in accordance with applicable
state and provincial securities laws;

 

5.            the
Selling Shareholder is acquiring the Pubco Shares for investment only and not with a view to resale or distribution and, in particular,
it has no intention to distribute either directly or indirectly any of the Pubco Shares in the United States or to U.S. Persons;

 

6.            the
Selling Shareholder has not acquired the Pubco Shares as a result of, and will not itself engage in, any directed selling efforts
(as defined in Regulation S under the U.S. Securities Act) in the United States in respect of the Pubco Shares which would include
any activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market
in the United States for the resale of any of the Pubco Shares; provided, however, that the Selling Shareholder may sell or otherwise
dispose of the Pubco Shares pursuant to registration thereof under the U.S. Securities Act and any applicable state and provincial
securities laws or under an exemption from such registration requirements;

 

     

     

    

 

7.            the
statutory and regulatory basis for the exemption claimed for the sale of the Pubco Shares, although in technical compliance with
Regulation S, would not be available if the offering is part of a plan or scheme to evade the registration provisions of the U.S.
Securities Act or any applicable state and provincial securities laws;

 

8.            Pubco
has not undertaken, and will have no obligation, to register any of the Pubco Shares under the U.S. Securities Act;

 

9.            Pubco
is entitled to rely on the acknowledgements, agreements, representations and warranties and the statements and answers of the
Selling Shareholder contained in the Agreement and this Certificate, and the Selling Shareholder will hold harmless Pubco from
any loss or damage either one may suffer as a result of any such acknowledgements, agreements, representations and/or warranties
made by the Selling Shareholder not being true and correct;

 

10.          the
undersigned has been advised to consult their own respective legal, tax and other advisors with respect to the merits and risks
of an investment in the Pubco Shares and, with respect to applicable resale restrictions, is solely responsible (and Pubco is
not in any way responsible) for compliance with applicable resale restrictions;

 

11.          the
undersigned and the undersigned’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers from
Pubco in connection with the acquisition of the Pubco Shares under the Agreement, and to obtain additional information, to the
extent possessed or obtainable by Pubco without unreasonable effort or expense;

 

12.          the
books and records of Pubco were available upon reasonable notice for inspection, subject to certain confidentiality restrictions,
by the undersigned during reasonable business hours at its principal place of business and that all documents, records and books
in connection with the acquisition of the Pubco Shares under the Agreement have been made available for inspection by the undersigned,
the undersigned’s attorney and/or advisor(s);

 

13.          the
undersigned:

 

	 	(a)	is
    knowledgeable of, or has been independently advised as to, the applicable securities laws of the securities regulators having
    application in the jurisdiction in which the undersigned is resident (the “International Jurisdiction”) which
    would apply to the acquisition of the Pubco Shares;

 

	 	(b)	the
    undersigned is acquiring the Pubco Shares pursuant to exemptions from prospectus or equivalent requirements under applicable
    securities laws or, if such is not applicable, the undersigned is permitted to acquire the Pubco Shares under the applicable
    securities laws of the securities regulators in the International Jurisdiction without the need to rely on any exemptions;

 

	 	(c)	the
    applicable securities laws of the authorities in the International Jurisdiction do not require Pubco to make any filings or
    seek any approvals of any kind whatsoever from any securities regulator of any kind whatsoever in the International Jurisdiction
    in connection with the issue and sale or resale of the Pubco Shares; and

 

    	 	- 2 -	 

     

    

 

	 	(d)	the
    acquisition of the Pubco Shares by the undersigned does not trigger:

 

	 	(i)	any
    obligation to prepare and file a prospectus or similar document, or any other report with respect to such purchase in the
    International Jurisdiction; or

 

	 	(ii)	any
    continuous disclosure reporting obligation of Pubco in the International Jurisdiction; and
	 	 	 
	 	the
    undersigned will, if requested by Pubco, deliver to Pubco a certificate or opinion of local counsel from the International
    Jurisdiction which will confirm the matters referred to in Sections 13(c) and 13(d) above to the satisfaction of Pubco, acting
    reasonably;

 

14.          the
undersigned (i) is able to fend for itself in connection with the acquisition of the Pubco Shares; (ii) has such knowledge and
experience in business matters as to be capable of evaluating the merits and risks of its prospective investment in the Pubco
Shares; and (iii) has the ability to bear the economic risks of its prospective investment and can afford the complete loss of
such investment;

 

15.          the
undersigned is not aware of any advertisement of any of the Pubco Shares and is not acquiring the Pubco Shares as a result of
any form of general solicitation or general advertising including advertisements, articles, notices or other communications published
in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have
been invited by general solicitation or general advertising;

 

16.          no
person has made to the undersigned any written or oral representations:

 

	 	(a)	that
    any person will resell or repurchase any of the Pubco Shares;

 

	 	(b)	that
    any person will refund the purchase price of any of the Pubco Shares;

 

	 	(c)	as
    to the future price or value of any of the Pubco Shares; or

 

	 	(d)	that
    any of the Pubco Shares will be listed and posted for trading on any stock exchange or automated dealer quotation system or
    that application has been made to list and post any of the Pubco Shares on any stock exchange or automated dealer quotation
    system, except that currently certain market makers make market in the common shares of Pubco on the OTC Bulletin Board;

 

17.          none
of the Pubco Shares are listed on any stock exchange or automated dealer quotation system and no representation has been made
to the undersigned that any of the Pubco Shares will become listed on any stock exchange or automated dealer quotation system,
except that currently certain market makers make market in the common shares of Pubco on the OTC Bulletin Board;

 

18.          the
undersigned is outside the United States when receiving and executing this Agreement and is acquiring the Pubco Shares as principal
for their own account, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization
thereof, in whole or in part, and no other person has a direct or indirect beneficial interest in the Pubco Shares;

 

19.          neither
the SEC nor any other securities commission or similar regulatory authority has reviewed or passed on the merits of the Pubco
Shares;

 

    	 	- 3 -	 

     

    

 

20.          the
Pubco Shares are not being acquired, directly or indirectly, for the account or benefit of a U.S. Person or a person in the United
States;

 

21.          the
undersigned acknowledges and agrees that Pubco shall refuse to register any transfer of Pubco Shares not made in accordance with
the provisions of Regulation S, pursuant to registration under the U.S. Securities Act, or pursuant to an available exemption
from registration under the U.S. Securities Act;

 

22.          the
undersigned understands and agrees that the Pubco Shares will bear the following legend:

 

“THE
SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED
HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

 

NONE
OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING
THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON”
ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

23.          the
address of the undersigned included herein is the sole address of the undersigned as of the date of this certificate.

 

IN
WITNESS WHEREOF, I have executed this Certificate of Non-U.S. Shareholder.

 

	
	 	Date:
                                         February 10, 2016

	Signature	 	 
	 	 	 
	 	 	 
	Print
Name 
	 	 
	 	 	 
	 	 	 
	Title
                                         (if applicable)

        
	 	 
	 	 	 
	 	 	 
	Address
	 	 

 

    	 	- 4 -	 

     

    

 

SCHEDULE
2B

 

TO
THE SHARE EXCHANGE AGREEMENT

AMONG PACIFIC GREEN TECHNOLOGIES INC., AND THE SELLING SHAREHOLDERS AS SET OUT IN THE SHARE EXCHANGE AGREEMENT

 

CERTIFICATE
OF U.S. SHAREHOLDER

 

In
connection with the issuance of common stock (the “Pubco Shares”) of PACIFIC GREEN TECHNOLOGIES INC., a Delaware corporation
(“Pubco”), to the undersigned, pursuant to that certain Share Exchange Agreement dated February 10, 2016 (the “Agreement”),
among Pubco, and the shareholders of Enviro as set out in the Agreement (each, a “Selling Shareholder”), the undersigned
Selling Shareholder hereby agrees, acknowledges, represents and warrants that:

 

1.            the
undersigned satisfies one or more of the categories of "Accredited Investors", as defined by Regulation D promulgated
under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), as indicated below: (Please
initial in the space provide those categories, if any, of an "Accredited Investor" which the undersigned satisfies.)

 

	 	            	  Category
    1	An
    organization described in Section 501(c)(3) of the United States Internal Revenue Code, a corporation, a Massachusetts or
    similar business trust or partnership, not formed for the specific purpose of acquiring the Shares, with total assets in excess
    of US $5,000,000.
	 	 	 	 
	 	             	  Category
    2	A
    natural person whose individual net worth, or joint net worth with that person's spouse, on the date of purchase exceeds US $1,000,000,
    excluding the value of such person’s primary residence.
	 	 	 	 
	 	             	  Category
    3	A
    natural person who had an individual income in excess of US $200,000 in each of the two most recent years or joint income
    with that person's spouse in excess of US $300,000 in each of those years and has a reasonable expectation of reaching
    the same income level in the current year.
	 	 	 	 
	 	             	  Category
    4	A
    "bank" as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other institution
    as defined in Section 3(a)(5)(A) of the Securities Act acting in its individual or fiduciary capacity; a broker dealer
    registered pursuant to Section 15 of the Securities Exchange Act of 1934 (United States); an insurance company
    as defined in Section 2(13) of the 1933 Act; an investment company registered under the Investment Company Act of
    1940 (United States) or a business development company as defined in Section 2(a)(48) of such Act; a Small Business
    Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business
    Investment Act of 1958 (United States); a plan with total assets in excess of $5,000,000 established and maintained by
    a state, a political subdivision thereof, or an agency or instrumentality of a state or a political subdivision thereof, for
    the benefit of its employees; an employee benefit plan within the meaning of the Employee Retirement Income Security Act
    of 1974 (United States) whose investment decisions are made by a plan fiduciary, as defined in Section 3(21) of such
    Act, which is either a bank, savings and loan association, insurance company or registered investment adviser, or if the employee
    benefit plan has total assets in excess of $5,000,000, or, if a self-directed plan, whose investment decisions are made solely
    by persons that are accredited investors.

 

     

     

    

 

	 	             	  Category
    5	A
    private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940 (United
    States).
	 	 	 	 
	 	             	  Category
    6	A
    director or executive officer of the Company.
	 	 	 	 
	 	             	  Category
    7	A
    trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Shares, whose purchase
    is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the 1933 Act.
	 	 	 	 
	 	             	  Category
    8	An
    entity in which all of the equity owners satisfy the requirements of one or more of the foregoing categories.
	 	 	 	 
	 	 	Note
    that for any of the Selling Shareholders claiming to satisfy one of the above categories of Accredited Investor may be required
    to supply the Company with a balance sheet, prior years' federal income tax returns or other appropriate documentation to
    verify and substantiate the Subscriber's status as an Accredited Investor. 
	 	 	 	 
	 	 	If
    the Selling Shareholder is an entity which initialled Category 8 in reliance upon the Accredited Investor categories above,
    state the name, address, total personal income from all sources for the previous calendar year, and the net worth (exclusive
    of home, home furnishings and personal automobiles) for each equity owner of the said entity:  

 

2.            none
of the Pubco Shares have been or will be registered under the U.S. Securities Act, or under any state securities or “blue
sky” laws of any state of the United States, and may not be offered or sold in the United States or, directly or indirectly,
to U.S. Persons, as that term is defined in Regulation S, except in accordance with the provisions of Regulation S or pursuant
to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance
with any applicable state and foreign securities laws;

 

3.            the
Selling Shareholder understands and agrees that offers and sales of any of the Pubco Shares shall be made only in compliance with
the registration provisions of the U.S. Securities Act or an exemption therefrom and in each case only in accordance with applicable
state and foreign securities laws;

 

4.            the
Selling Shareholder understands and agrees not to engage in any hedging transactions involving any of the Pubco Shares unless
such transactions are in compliance with the provisions of the U.S. Securities Act and in each case only in accordance with applicable
state and provincial securities laws;

 

5.            the
Selling Shareholder is acquiring the Pubco Shares for investment only and not with a view to resale or distribution and, in particular,
it has no intention to distribute either directly or indirectly any of the Pubco Shares in the United States or to U.S. Persons;

 

6.            Pubco
has not undertaken, and will have no obligation, to register any of the Pubco Shares under the U.S. Securities Act;

 

7.            Pubco
is entitled to rely on the acknowledgements, agreements, representations and warranties and the statements and answers of the
Selling Shareholder contained in the Agreement and this Certificate, and the Selling Shareholder will hold harmless Pubco from
any loss or damage either one may suffer as a result of any such acknowledgements, agreements, representations and/or warranties
made by the Selling Shareholder not being true and correct;

 

    	 	- 2 -	 

     

    

 

8.            the
undersigned has been advised to consult their own respective legal, tax and other advisors with respect to the merits and risks
of an investment in the Pubco Shares and, with respect to applicable resale restrictions, is solely responsible (and Pubco is
not in any way responsible) for compliance with applicable resale restrictions;

 

9.            the
undersigned and the undersigned’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers from
Pubco in connection with the acquisition of the Pubco Shares under the Agreement, and to obtain additional information, to the
extent possessed or obtainable by Pubco without unreasonable effort or expense;

 

10.          the
books and records of Pubco were available upon reasonable notice for inspection, subject to certain confidentiality restrictions,
by the undersigned during reasonable business hours at its principal place of business and that all documents, records and books
in connection with the acquisition of the Pubco Shares under the Agreement have been made available for inspection by the undersigned,
the undersigned’s attorney and/or advisor(s);

 

11.          the
undersigned:

 

	 	(a)	is
    knowledgeable of, or has been independently advised as to, the applicable securities laws of the securities regulators having
    application in the jurisdiction in which the undersigned is resident (the “International Jurisdiction”) which
    would apply to the acquisition of the Pubco Shares;

 

	 	(b)	the
    undersigned is acquiring the Pubco Shares pursuant to exemptions from prospectus or equivalent requirements under applicable
    securities laws or, if such is not applicable, the undersigned is permitted to acquire the Pubco Shares under the applicable
    securities laws of the securities regulators in the International Jurisdiction without the need to rely on any exemptions;

 

	 	(c)	the
    applicable securities laws of the authorities in the International Jurisdiction do not require Pubco to make any filings or
    seek any approvals of any kind whatsoever from any securities regulator of any kind whatsoever in the International Jurisdiction
    in connection with the issue and sale or resale of the Pubco Shares; and

 

	 	(d)	the
    acquisition of the Pubco Shares by the undersigned does not trigger:

 

	 	(i)	any
    obligation to prepare and file a prospectus or similar document, or any other report with respect to such purchase in the
    International Jurisdiction; or

 

	 	(ii)	any
    continuous disclosure reporting obligation of Pubco in the International Jurisdiction; and

 

the
undersigned will, if requested by Pubco, deliver to Pubco a certificate or opinion of local counsel from the International Jurisdiction
which will confirm the matters referred to in Sections 11(c) and 11(d) above to the satisfaction of Pubco, acting reasonably;

 

12.          the
undersigned (i) is able to fend for itself in connection with the acquisition of the Pubco Shares; (ii) has such knowledge and
experience in business matters as to be capable of evaluating the merits and risks of its prospective investment in the Pubco
Shares; and (iii) has the ability to bear the economic risks of its prospective investment and can afford the complete loss of
such investment;

 

    	 	- 3 -	 

     

    

 

13.          the
undersigned is not aware of any advertisement of any of the Pubco Shares and is not acquiring the Pubco Shares as a result of
any form of general solicitation or general advertising including advertisements, articles, notices or other communications published
in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have
been invited by general solicitation or general advertising;

 

14.          no
person has made to the undersigned any written or oral representations:

 

	 	(a)	that
    any person will resell or repurchase any of the Pubco Shares;

 

	 	(b)	that
    any person will refund the purchase price of any of the Pubco Shares;

 

	 	(c)	as
    to the future price or value of any of the Pubco Shares; or

 

	 	(d)	that
    any of the Pubco Shares will be listed and posted for trading on any stock exchange or automated dealer quotation system or
    that application has been made to list and post any of the Pubco Shares on any stock exchange or automated dealer quotation
    system, except that currently certain market makers make market in the common shares of Pubco on the OTC Bulletin Board;

 

15.          none
of the Pubco Shares are listed on any stock exchange or automated dealer quotation system and no representation has been made
to the undersigned that any of the Pubco Shares will become listed on any stock exchange or automated dealer quotation system,
except that currently certain market makers make market in the common shares of Pubco on the OTC Bulletin Board;

 

16.          the
undersigned is acquiring the Pubco Shares as principal for their own account, for investment purposes only, and not with a view
to, or for, resale, distribution or fractionalization thereof, in whole or in part, and no other person has a direct or indirect
beneficial interest in the Pubco Shares;

 

17.          neither
the SEC nor any other securities commission or similar regulatory authority has reviewed or passed on the merits of the Pubco
Shares;

 

18.          the
undersigned acknowledges and agrees that Pubco shall refuse to register any transfer of Pubco Shares not made in accordance with
the provisions of Regulation S, pursuant to registration under the U.S. Securities Act, or pursuant to an available exemption
from registration under the U.S. Securities Act;

 

19.          the
undersigned understands and agrees that the Pubco Shares will bear the following legend:

 

“NONE
OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933
ACT”), OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY,
IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE
1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN
A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
THE 1933 ACT. “UNITED STATES” AND “U.S. PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”

 

    	 	- 4 -	 

     

    

 

20.          the
address of the undersigned included herein is the sole address of the undersigned as of the date of this certificate.

 

IN
WITNESS WHEREOF, I have executed this Certificate of U.S. Shareholder.

 

	 	 	Date:
    February 10, 2016
	Signature	 	 
	 	 	 
	 	 	 
	Print
    Name	 	 
	 	 	 
	 	 	 
	Title
    (if applicable)	 	 
	 	 	 
	 	 	 
	Address	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	SSN/Tax
    ID	 	 

 

 

 

 -
5 -

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