Document:

Exhibit 10.1 

 

EXCHANGE
AGREEMENT

 

THIS EXCHANGE AGREEMENT
(the “Agreement”) made this _____ day of February, 2019 by and among, Celexus, Inc., a Nevada corporation,
(“CELE”) and Bio Distribution, Inc., a Wyoming corporation, (“BIO” or “the Company”)
on behalf of its shareholders, both parties hereinafter referred to as the “Parties.”

BACKGROUND:

A.   
The Boards of Directors of CELE and BIO have determined that an acquisition of 100% of the
outstanding shares of BIO by CELE through an exchange upon the terms and subject to the conditions set forth in this Agreement,
would be fair and in the best interests of CELE and BIO’s interest holders, and the Boards of Directors of CELE and BIO have
approved such Exchange, pursuant to which all of the right, title and interest in and to 100% of the shares in BIO (the “Shares”)
will be exchanged for $13,000,000 worth of shares of common stock of CELE (the “Exchange Shares”) and $1.

B.   
CELE and BIO desire to make certain representations, warranties, covenants and agreements
in connection with the Exchange and also to prescribe various conditions to the Exchange.

C.   
For federal income tax purposes, the Parties intend that the Exchange shall qualify as reorganization
under the provisions of Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as amended (the “Code”).

NOW,
THEREFORE, in consideration of the representations, warranties, covenants and agreements contained in this Agreement, the Parties
agree as follows:

ARTICLE I

THE
EXCHANGE

I.01 Exchange

Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with the Wyoming Revised Statutes (“Wyoming
Statutes”), at the Closing (as hereinafter defined), the Parties shall do the following:

(a)
The interest holders of BIO will sell, convey, assign, and transfer the shares to CELE by delivering to CELE executed and transferable
certificates. The shares transferred to CELE at the Closing shall constitute 100% of all issued and outstanding shares in the Company.
There shall be a 90 day due diligence period before the closing during which time either party may terminate without further liability.

(b) As consideration
for its acquisition of the shares, CELE shall issue the Exchange Shares to BIO by delivering a share certificate to BIO evidencing
the Exchange Shares (the “Exchange Shares Certificate”).

(c)
For federal income tax purposes, the Exchange is intended to constitute a “reorganization” within the meaning of Section
368 of the Code, and the Parties shall report the transactions contemplated by the this Agreement consistent with such intent and
shall take no position in any Tax filing or legal proceeding inconsistent therewith. The Parties to this Agreement hereby adopt
this Agreement as a “Plan of Reorganization” within the meaning of Sections 1.368-2(g) and 1.368-3(a) of the United
States Treasury Regulations. None of CELE or BIO has taken or failed to take, and after the Effective Time (as defined below),
CELE shall not take or fail to take, any action which reasonably could be expected to cause the Exchange to fail to qualify as
a “reorganization” within the meaning of Section 368(a) of the Code.

I.02
Effect of the Exchange

The Exchange shall have the effects set forth in the applicable provisions of the Wyoming Statutes.

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I.03
Closing 

Unless
this Agreement shall have been terminated and the transactions herein contemplated shall have been abandoned pursuant to Article
VI and subject to the satisfaction or waiver of the conditions set forth in Article V, the closing of the Exchange (the “Closing”)
will take place at 10:00 a.m. U.S. Pacific Standard Time on the business day upon satisfaction of the conditions set forth in Article
V (or as soon as practicable thereafter following satisfaction or waiver of the conditions set forth in Article V) (the “Closing
Date”), at the offices of EAD Law Group, LLC, unless another date, time or place is agreed to in writing by the Parties
hereto.

I.04
Effective Time of Exchange

As soon
as practicable following the satisfaction or waiver of the conditions set forth in Article V, the Parties shall make all filings
or recordings required under Wyoming Statutes. The Exchange shall become effective at such time as is permissible in accordance
with Wyoming Statutes (the time the Exchange becomes effective being the “Effective Time”). CELE and the Company
shall use reasonable efforts to have the Closing Date and the Effective Time to be the same day.

ARTICLE II

REPRESENTATIONS AND
WARRANTIES

II.01
Representations and Warranties of the Company

Except
as set forth in the disclosure schedule delivered by the BIO to CELE at the time of execution of this Agreement (the “Company
Disclosure Schedule”), the Company represents and warrants to CELE as follows:

(a)  
Organization, Standing and Power

The
Company is duly organized, validly existing and in good standing under the laws of the State of Wyoming and has the requisite
power and authority and all government licenses, authorizations, permits, consents and approvals required to own, lease and operate
its properties and carry on its business as now being conducted. The Company is duly qualified or licensed to do business and
is in good standing in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes
such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed (individually
or in the aggregate) would not have a material adverse effect (as defined in Section 8.02).

(b) 
Subsidiaries

 The
Company does not own directly or indirectly, any equity or other shares in any company, corporation, partnership, joint venture
or otherwise.

(c)  
Shares

The Shares represent 100% of the issued and outstanding shares of the Company. There are no outstanding bonds, debentures, notes
or other indebtedness or other securities of the Company. There are no rights, commitments, agreements, arrangements or undertakings
of any kind to which the Company is a party or by which it is bound obligating the Company to issue, deliver or sell, or cause
to be issued, delivered or sold, additional shares of the Company or obligating the Company to issue, grant, extend or enter into
any such right, commitment, agreement, arrangement or undertaking. There are no outstanding contractual obligations, commitments,
understandings or arrangements of the Company to repurchase, redeem or otherwise acquire or make any payment in respect of the
shares of the Company.

(d) 
Authority; Noncontravention

The
Company has all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated
by this Agreement. The execution and delivery of this Agreement by the Company and the consummation by the Company of the
transactions contemplated hereby have been (or at Closing will have been) duly authorized by all necessary action on the part
of the Company. This Agreement has been duly executed and when delivered by the Company shall constitute a valid and binding
obligation of the Company, enforceable against the Company and the selling shareholders, as applicable, in accordance with
its terms, except as such enforcement may be limited by bankruptcy, insolvency or other similar laws affecting the
enforcement of creditors’ rights generally or by general principles of equity. The execution and delivery of this
Agreement do not, and the consummation of the transactions contemplated by this
Agreement and compliance with the provisions hereof will not, conflict with, or result in any breach or violation of, or
default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or
acceleration of or “put” right with respect to any obligation or to a loss of a material benefit under, or result
in the creation of any lien upon any of the properties or assets of the Company under, (i) the Company’s articles of
incorporation or bylaws, if any, (ii) any loan or credit agreement, note, bond, mortgage, indenture, lease or other
agreement, instrument, permit, concession, franchise or license applicable to the Company, its properties or assets, or (iii)
subject to the governmental filings and other matters referred to in the following sentence, any judgment, order, decree,
statute, law, ordinance, rule, regulation or arbitration award applicable to the Company, its properties or assets, other
than, in the case of clauses (ii) and (iii), any such conflicts, breaches, violations, defaults, rights, losses or liens that
individually or in the aggregate could not have a material adverse effect with respect to the Company or could not prevent,
hinder or materially delay the ability of the Company to consummate the transactions contemplated by
this Agreement.

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(e)    
Governmental Authorization

No consent, approval, order or authorization of, or registration, declaration or filing with, or notice to, any United States court,
administrative agency or commission, or other federal, state or local government or other governmental authority, agency, domestic
or foreign (a “Governmental Entity”), is required by or with respect to the Company in connection with the execution
and delivery of this Agreement by the Company or the consummation by the Company of the transactions contemplated hereby, except,
with respect to this Agreement, any filings under the Securities Act of 1933, as amended (the “Securities Act”)
or Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (the “Exchange Act”).

(f)     
Absence of Certain Changes or Events

Except
as set forth on Schedule 2.01(g), since the Company Balance Sheet Date, the Company has conducted its business only in the ordinary
course consistent with past practice, and there is not and has not been any:

(i)           
material adverse change with respect to the Company;

(ii)         
event which, if it had taken place following the execution of this Agreement, would not have
been permitted by Section 3.01 without prior consent of CELE;

(iii)       
condition, event or occurrence which could reasonably be expected to prevent, hinder or materially
delay the ability of the Company to consummate the transactions contemplated by this Agreement;

(iv)        
incurrence, assumption or guarantee by the Company of any indebtedness for borrowed money
other than in the ordinary course and in amounts and on terms consistent with past practices or as disclosed to CELE in writing;

(v)         
creation or other incurrence by the Company of any lien on any asset other than in the ordinary
course consistent with past practices;

(vi)        
transaction or commitment made, or any contract or agreement entered into, by the Company
relating to its assets or business (including the acquisition or disposition of any assets) or any relinquishment by the Company
of any contract or other right, in either case, material to the Company, other than transactions and commitments in the ordinary
course consistent with past practices and those contemplated by this Agreement;

(vii)      
labor dispute, other than routine, individual grievances, or, to the knowledge of the Company,
any activity or proceeding by a labor union or representative thereof to organize any employees of the Company or any lockouts,
strikes, slowdowns, work stoppages or threats by or with respect to such employees;

(viii)    
payment, prepayment or discharge of liability other than in the ordinary course of business
or any failure to pay any liability when due;

(ix)        
write-offs or write-downs of any assets of the Company;

(x)         
creation, termination or amendment of, or waiver of any right under, any material contract
of the Company;

(xi)     
damage, destruction or loss having, or reasonably expected to have, a material adverse effect
on the Company;

(xii)   
other condition, event or occurrence which individually or in the aggregate could reasonably
be expected to have a material adverse effect or give rise to a material adverse change with respect to the Company; or

(xiii) 
agreement or commitment to do any of the foregoing.

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(g) Certain Fees

Except
as set forth on Schedule 2.01(h), no brokerage or finder’s fees or commissions are or will be payable by the Company to any
broker, financial advisor or consultant, finder, placement agent, investment banker, bank or other person with respect to the transactions
contemplated by this Agreement.

(h) Litigation; Labor Matters; Compliance
with Laws

(i)       
There is no suit, action or proceeding or investigation pending or,
to the knowledge of the Company, threatened against or affecting the Company or any basis for any such suit, action, proceeding
or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect
to the Company or prevent, hinder or materially delay the ability of the Company to consummate the transactions contemplated by
this Agreement, nor is there any judgment, decree, injunction, rule or order of any Governmental Entity or arbitrator outstanding
against the Company having, or which, insofar as reasonably could be foreseen by the Company, in the future could have, any such
effect.

(ii)      
The Company is not a party to, or bound by, any collective bargaining
agreement, contract or other agreement or understanding with a labor union or labor organization, nor is it the subject of any
proceeding asserting that it has committed an unfair labor practice or seeking to compel it to bargain with any labor organization
as to wages or conditions of employment nor is there any strike, work stoppage or other labor dispute involving it pending or,
to its knowledge, threatened, any of which could have a material adverse effect with respect to Company.

(iii)    
The conduct of the business of the Company complies with all statutes, laws, regulations,
ordinances, rules, judgments, orders, decrees or arbitration awards applicable thereto.

(i) 
Benefit Plans

The Company is not a party to any Benefit Plan under which the Company currently has an obligation to provide benefits to any current
or former employee, officer or director of the Company. As used herein, “Benefit Plan” shall mean any employee
benefit plan, program, or arrangement of any kind, including any defined benefit or defined contribution plan, ownership plan with
respect to any membership interest, executive compensation program or arrangement, bonus plan, incentive compensation plan or arrangement,
profit sharing plan or arrangement, deferred compensation plan, agreement or arrangement, supplemental retirement plan or arrangement,
vacation pay, sickness, disability, or death benefit plan (whether provided through insurance, on a funded or unfunded basis, or
otherwise), medical or life insurance plan providing benefits to employees, retirees, or former employees or any of their dependents,
survivors, or beneficiaries, severance pay, termination, salary continuation, or employee assistance plan.

(j) 
Tax Returns and Tax Payments.

(i)
The Company has timely filed with the appropriate taxing authorities all Tax Returns required to be filed by it (taking into
account all applicable extensions). All such Tax Returns are true, correct and complete in all respects. All Taxes due and
owing by the Company has been paid (whether or not shown on any Tax Return and whether or not any Tax Return was required).
The Company is not currently the beneficiary of any extension of time within which to file any Tax Return or pay any Tax. No
claim has ever been made in writing or otherwise addressed to the Company by a taxing authority in a jurisdiction where the
Company does not file Tax Returns that it is or may be subject to taxation by that jurisdiction. The unpaid Taxes of the
Company did not, as of the Company Balance Sheet Date, exceed the reserve for Tax liability (excluding any reserve for
deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the financial
statements (rather than in any notes thereto). Since the Company Balance Sheet Date, neither the Company nor any of its
subsidiaries has incurred any liability for Taxes outside the ordinary course of business consistent with past custom and
practice. As of the Closing Date, the unpaid Taxes of the Company and its subsidiaries will not exceed the reserve for Tax
liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax income)
set forth on the books and records of the Company.

(ii)      
No material claim for unpaid Taxes has been made or become a lien against the property of
the Company or is being asserted against the Company, no audit of any Tax Return of the Company is being conducted by a tax authority,
and no extension of the statute of limitations on the assessment of any Taxes has been granted by the Company and is currently
in effect. The Company has withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid
or owing to any employee, independent contractor, creditor, stockholder or other third party.

(iii)    
As used herein, “Taxes” shall mean all taxes of
any kind, including, without limitation, those on or measured by or referred to as income, gross receipts, sales, use, ad valorem,
franchise, profits, license, withholding, payroll, employment, excise, severance, stamp, occupation, premium value added, property
or windfall profits taxes, customs, duties or similar fees, assessments or charges of any kind whatsoever, together with any interest
and any penalties, additions to tax or additional amounts imposed by any governmental authority, domestic or foreign. As used herein,
“Tax Return” shall mean any return, report or statement required to be filed with any governmental authority
with respect to Taxes.

(k) 
Environmental Matters

The Company is in compliance with all Environmental Laws in all material respects. The Company has not received any written notice
regarding any violation of any Environmental Laws, including any investigatory, remedial or corrective obligations. The Company
holds all permits and authorizations required under applicable Environmental Laws, unless the failure to hold such permits and
authorizations would not have a material adverse effect on the Company. The Company is in compliance with all terms, conditions
and provisions of all such permits and authorizations in all material respects. No releases of Hazardous Materials have occurred
at, from, in, to, on or under any real property currently or formerly owned, operated or leased by the Company or any predecessor
thereof and no Hazardous Materials are present in, on, about or migrating to or from any such property which could result in any
liability to the Company. The Company has not transported or arranged for the treatment, storage, handling, disposal, or transportation
of any Hazardous Material to any off-site location which could result in any liability to the Company. The Company has no liability,
absolute or contingent, under any Environmental Law that if enforced or collected would have a material adverse effect on the Company.
There are no past, pending or threatened claims under Environmental Laws against the Company and Company is not aware of any facts
or circumstances that could reasonably be expected to result in a liability or claim against the Company pursuant to Environmental
Laws. “Environmental Laws” means all applicable foreign, federal, state and local statutes, rules, regulations,
ordinances, orders, decrees and common law relating in any manner to contamination, pollution or protection of human health or
the environment, and similar state laws. “Hazardous Material” means any toxic, radioactive, corrosive or otherwise
hazardous substance, including petroleum, its derivatives, by-products and other hydrocarbons, or any substance having any constituent
elements displaying any of the foregoing characteristics, which in any event is regulated under any Environmental Law.

(l)   
Material Contract Defaults

The
Company is not, or has not received any notice or has any knowledge that any other party is, in default in any respect under
any Material Contract; and there has not occurred any event that with the lapse of time or the giving of notice or both would
constitute such a material default. For purposes of this Agreement, a “Material Contract” means any
contract, agreement or commitment that is effective as of the Closing Date to which the Company is a party (i) with expected
receipts or expenditures in excess of $50,000, (ii) requiring the Company to indemnify any person, (iii) granting exclusive
rights to any party, (iv) evidencing indebtedness for borrowed or loaned money in excess of $50,000 or more, including
guarantees of such indebtedness, or (v) which, if breached by the Company in such a manner would (A) permit any other party
to cancel or terminate the same (with or without notice ofp assage of time) or (B) provide a basis for any other party to
claim money damages (either individually or in the aggregate with all other such claims under that contract) from the Company
or (C) give rise to a right of acceleration of any material obligation or loss of any material benefit under any such
contract, agreement or commitment.

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(m)  
Accounts Receivable

All
of the accounts receivable of the Company that are reflected on the Company Financial Statements or the accounting records of
the Company as of the Closing (collectively, the “Accounts Receivable”) represent or will represent valid obligations
arising from sales actually made or services actually performed in the ordinary course of business and are not subject to any
defenses, counterclaims, or rights of set off other than those arising in the ordinary course of business and for which adequate
reserves have been established. The Accounts Receivable are fully collectible to the extent not reserved for on the balance sheet
on which they are shown.

(n)     
Properties

The Company has valid land use rights for all real property that is material to its business and good, clear and marketable title
to all the tangible properties and tangible assets reflected in the latest balance sheet as being owned by the Company or acquired
after the date thereof which are, individually or in the aggregate, material to the Company’s business (except properties
sold or otherwise disposed of since the date thereof in the ordinary course of business), free and clear of all material liens,
encumbrances, claims, security interest, options and restrictions of any nature whatsoever. Any real property and facilities held
under lease by the Company is held by it under valid, subsisting and enforceable leases of which the Company is in compliance,
except as could not, individually or in the aggregate, have or reasonably be expected to result in a material adverse effect.

(o)    
Intellectual Properly

(i)     
As used in this Agreement, the term “Trademarks”
means trademarks, service marks, trade names, internet domain names, designs, slogans, and general intangibles of like nature;
the term “Trade Secrets” means technology; trade secrets and other confidential information, know-how, proprietary
processes, formulae, algorithms, models, and methodologies; the term “Intellectual Property” means patents,
copyrights, Trademarks, applications for any of the foregoing, and Trade Secrets; the term “Company License Agreements”
means any license agreements granting any right to use or practice any rights under any Intellectual Property (except for such
agreements for off-the-shelf products that are generally available for less than $25,000), and any written settlements relating
to any Intellectual Property, to which the Company is a party or otherwise bound; and the term “Software” means
any and all computer programs, including any and all software implementations of algorithms, models and methodologies, whether
in source code or object code.

(ii)   
The Company owns or has valid rights to use the Trademarks, trade
names, domain names, copyrights, patents, logos, licenses and computer software programs (including, without limitation, the source
codes thereto) that are necessary for the conduct of its respective businesses as now being conducted. To the knowledge of the
Company, none of the Company’s Intellectual Property or Company License Agreements infringe upon the rights of any third
party that may give rise to a cause of action or claim against the Company or its successors.

(p)    
Undisclosed Liabilities

The Company
has no liabilities or obligations of any nature (whether fixed or unfixed, secured or unsecured, known or unknown and whether absolute,
accrued, contingent, or otherwise) except for liabilities or obligations reflected or reserved against in the Company Financial
Statements incurred in the ordinary course of business or such liabilities or obligations disclosed in Schedule 2.01(g).

(q)    
Full Disclosure

All
of the representations and warranties made by the Company in this Agreement, and all statements set forth in the
certificates delivered by the Company at the Closing pursuant to this Agreement, are true, correct and complete in all
material respects and do not contain any untrue statement of a material fact or
omit to state any material fact necessary in order to make such representations, warranties or statements, in light of the
circumstances under which they were made, misleading. The copies of all documents furnished by the Company pursuant to the
terms of this Agreement are complete and accurate copies of the original documents. The schedules, certificates, and any and
all other statements and information, whether furnished in written or electronic form, to CELE or its representatives by or
on behalf of any of the Company or its affiliates in connection with the negotiation of this Agreement and the transactions
contemplated hereby do not contain any material misstatement of fact or omit to state a material fact or any fact necessary
to make the statements contained therein not misleading.

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II.02 Representations and Warranties
of CELE

Except
as set forth in the disclosure schedule delivered by CELE to the Company at the time of execution of this Agreement (the “CELE
Disclosure Schedule”), CELE represents and warrants to the Company as follows:

(a)  
Organization, Standing and Corporate Power

CELE
is duly organized, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate
power and authority and all government licenses, authorizations, permits, consents and approvals required to own, lease and operate
its properties and carry on its business as now being conducted. CELE is duly qualified or licensed to do business and is in good
standing in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification
or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed (individually or in the
aggregate) would not have a material adverse effect with respect to CELE.

(b) 
Subsidiaries

CELE
does not own directly or indirectly, any equity or other shares in any company, corporation, partnership, joint venture or otherwise.

(c)  
Capital Structure of CELE

As
of the date of this Agreement, the authorized capital stock of CELE consists of 1,500,000,000 shares of CELE Common Stock, $0.001
par value. There are no other shares of CELE stock issuable upon the exercise of outstanding warrants, convertible notes, options
and otherwise. Except as set forth above, no shares of capital stock or other equity securities of CELE are issued, reserved for
issuance or outstanding. All shares which may be issued pursuant to this Agreement will be, when issued, duly authorized, validly
issued, fully paid and nonassessable, not subject to preemptive rights, and issued in compliance with all applicable state and
federal laws concerning the issuance of securities. Both parties understand and acknowledge that these shares cannot not be issued
until and unless the shareholders of CELE approve increasing the authorized shares of the corporation sufficiently to allow for
such issuance.

(d) 
Corporate Authority; Noncontravention

CELE
has all requisite corporate and other power and authority to enter into this Agreement and to consummate the transactions
contemplated by this Agreement. The execution and delivery of this Agreement by CELE and the consummation by CELE of the
transactions contemplated hereby have been (or at Closing will have been) duly authorized by all necessary corporate action
on the part of CELE. This Agreement has been duly executed and when delivered by CELE shall constitute a valid and binding
obligation of CELE, enforceable against CELE in accordance with its terms, except as such enforcement may be limited by
bankruptcy, insolvency or other similar laws affecting the enforcement of creditors’ rights generally or by general
principles of equity. The execution and delivery of this Agreement do not, and the consummation of the transactions
contemplated by this Agreement and compliance with the provisions hereof will not, conflict with, or result in any breach or
violation of, or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination,
cancellation or acceleration of or “put” right with respect to any obligation or to loss of a material benefit
under, or result in the creation of any lien upon any of the properties or assets of CELE under, (i) its articles of
incorporation, bylaws, or other charter documents of CELE (ii) any loan or credit agreement, note, bond, mortgage, indenture,
lease or other agreement, instrument, permit, concession, franchise or license applicable to CELE, its properties or assets, or
(iii) subject to the governmental filings and other matters referred to in the following sentence, any judgment, order,
decree, statute, law, ordinance, rule, regulation or arbitration award applicable to CELE, its properties or assets, other
than, in the case of clauses (ii) and (iii), any such conflicts, breaches, violations, defaults, rights, losses or liens that
individually or in the aggregate could not have a material adverse effect with respect to CELE or could not prevent, hinder
or materially delay the ability of CELE to consummate the transactions contemplated by this Agreement.

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(e)  
Government Authorization

No consent,
approval, order or authorization of, or registration, declaration or filing with, or notice to, any Governmental Entity, is required
by or with respect to CELE in connection with the execution and delivery of this Agreement by CELE, or the consummation by CELE
of the transactions contemplated hereby, except, with respect to this Agreement, any filings under the Wyoming Statutes, the Securities
Act or the Exchange Act.

(f)   
Certain Fees

Except
as set forth on Schedule 2.02(h), no brokerage or finder’s fees or commissions are or will be payable by CELE to any broker,
financial advisor or consultant, finder, placement agent, investment banker, bank or other person with respect to the transactions
contemplated by this Agreement.

(g) 
Litigation; Labor Matters; Compliance with Laws

(i)     
There is no suit, action or proceeding or investigation pending or, to the knowledge of CELE,
threatened against or affecting CELE or any basis for any such suit, action, proceeding or investigation that, individually or
in the aggregate, could reasonably be expected to have a material adverse effect with respect to CELE or prevent, hinder or materially
delay the ability of CELE to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction,
rule or order of any Governmental Entity or arbitrator outstanding against CELE having, or which, insofar as reasonably could be
foreseen by CELE, in the future could have, any such effect.

(ii)   
CELE is not a party to, or bound by, any collective bargaining agreement,
contract or other agreement or understanding with a labor union or labor organization, nor is it the subject of any proceeding
asserting that it has committed an unfair labor practice or seeking to compel it to bargain with any labor organization as to wages
or conditions of employment nor is there any strike, work stoppage or other labor dispute involving it pending or, to its knowledge,
threatened, any of which could have a material adverse effect with respect to CELE.

(iii) 
The conduct of the business of CELE complies with all statutes, laws,
regulations, ordinances, rules, judgments, orders, decrees or arbitration awards applicable thereto.

(h) 
Benefit Plans

CELE
is not a party to any Benefit Plan under which CELE currently has an obligation to provide benefits to any current or former employee,
officer or director of CELE.

(i)   
Certain Employee Payments

CELE
is not a party to any employment agreement which could result in the payment to any current, former or future director or employee
of CELE of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or
director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision
would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (ii) some other subsequent
action or event would be required to cause such payment, acceleration or provision to be triggered.

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(j)   
Tax Returns and Tax Payments

(i)     
CELE has timely filed with the appropriate taxing authorities all
Tax Returns required to be filed by it (taking into account all applicable extensions). All such Tax Returns are true, correct
and complete in all respects. All Taxes due and owing by CELE has been paid (whether or not shown on any Tax Return and whether
or not any Tax Return was required). CELE is not currently the beneficiary of any extension of time within which to file any Tax
Return or pay any Tax. No claim has ever been made in writing or otherwise addressed to CELE by a taxing authority in a jurisdiction
where CELE does not file Tax Returns that it is or may be subject to taxation by that jurisdiction. The unpaid Taxes of CELE did
not, as of the CELE Balance Sheet Date, exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established
to reflect timing differences between book and Tax income) set forth on the face of the financial statements (rather than in any
notes thereto). Since the CELE Balance Sheet Date, neither the Company nor any of its subsidiaries has incurred any liability for
Taxes outside the ordinary course of business consistent with past custom and practice. As of the Closing Date, the unpaid Taxes
of CELE and its subsidiaries will not exceed the reserve for Tax liability (excluding any reserve for deferred Taxes established
to reflect timing differences between book and Tax income) set forth on the books and records of CELE.

(ii)   
No material claim for unpaid Taxes has been made or become a lien against the property of
CELE or is being asserted against CELE, no audit of any Tax Return of CELE is being conducted by a tax authority, and no extension
of the statute of limitations on the assessment of any Taxes has been granted by CELE and is currently in effect. CELE has withheld
and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent
contractor, creditor, stockholder or other third party.

(k)    
Environmental Matters

CELE is in compliance with all Environmental Laws in all material respects. CELE holds all permits and authorizations required
under applicable Environmental Laws, unless the failure to hold such permits and authorizations would not have a material adverse
effect on CELE. CELE is compliance with all terms, conditions and provisions of all such permits and authorizations in all material
respects. No releases of Hazardous Materials have occurred at, from, in, to, on or under any real property currently or formerly
owned, operated or leased by CELE or any predecessor thereof and no Hazardous Materials are present in, on, about or migrating
to or from any such property which could result in any liability to CELE. CELE has not transported or arranged for the treatment,
storage, handling, disposal, or transportation of any Hazardous Material to any off-site location which could result in any liability
to CELE. CELE has no liability, absolute or contingent, under any Environmental Law that if enforced or collected would have a
material adverse effect on CELE. There are no past, pending or threatened claims under Environmental Laws against CELE and CELE
is not aware of any facts or circumstances that could reasonably be expected to result in a liability or claim against CELE pursuant
to Environmental Laws.

(l)     
Material Contract Defaults

CELE is not, or has not, received any notice or has any knowledge that any other party is, in default in any respect under any
CELE Material Contract; and there has not occurred any event that with the lapse of time or the giving of notice or both would
constitute such a material default. For purposes of this Agreement, a “CELE Material Contract” means any contract,
agreement or commitment that is effective as of the Closing Date to which CELE is a party (i) with expected receipts or expenditures
in excess of $5,000, (ii) requiring CELE to indemnify any person, (iii) granting exclusive rights to any party, (iv) evidencing
indebtedness for borrowed or loaned money in excess of $5,000 or more, including guarantees of such indebtedness, or (v) which,
if breached by CELE in such a manner would (A) permit any other party to cancel or terminate the same (with or without notice of
passage of time) or (B) provide a basis for any other party to claim money damages (either individually or in the aggregate with
all other such claims under that contract) from CELE or (C) give rise to a right of acceleration of any material obligation or
loss of any material benefit under any such contract, agreement or commitment.

(m)  
Properties

CELE
has valid land use rights for all real property that is material to its business and good, clear and marketable title to all
the tangible properties and tangible assets reflected in the latest balance sheet as being owned by CELE or acquired after
the date thereof which are, individually or in the aggregate, material to CELE’s business (except properties soldo
r otherwise disposed of since the date thereof in the ordinary course of business), free and clear of all material liens,
encumbrances, claims, security interest, options and restrictions of any nature whatsoever. Any real property and facilities
held under lease by CELE are held by them under valid, subsisting and enforceable leases of which CELE is in compliance,
except as could not, individually or in the aggregate, have or reasonably be expected to result in a material adverse
effect.

    	 	8	 

     

    

(n) 
Intellectual Properly

CELE owns or has valid rights to use the Trademarks, trade names, domain names, copyrights, patents, logos, licenses and computer
software programs (including, without limitation, the source codes thereto) that are necessary for the conduct of its business
as now being conducted. All of CELE’s licenses to use Software programs are current and have been paid for the appropriate
number of users. To the knowledge of CELE, none of CELE’s Intellectual Property or CELE License Agreements infringe upon
the rights of any third party that may give rise to a cause of action or claim against CELE or its successors.

(o) 
Board Determination

The
Board of Directors of CELE has unanimously determined that the terms of the Exchange are fair to and in the best interests of CELE
and its stockholders.

(p) 
Required CELE Share Issuance Approval

CELE represents that the issuance of the Exchange Shares to the Selling Member will be in compliance with the Wyoming Statutes
and the Bylaws of CELE. Both parties understand and acknowledge that these shares cannot not be issued until and unless the shareholders
of CELE approve increasing the authorized shares of the corporation sufficiently to allow for such issuance.

(q) 
Undisclosed Liabilities

CELE
has no liabilities or obligations of any nature (whether fixed or unfixed, secured or unsecured, known or unknown and whether absolute,
accrued, contingent, or otherwise) except for liabilities or obligations reflected or reserved against in the CELE SEC Documents
incurred in the ordinary course of business.

(r)   
Full Disclosure

All of the representations and warranties made by CELE in this Agreement, and all statements set forth in the certificates delivered
by CELE at the Closing pursuant to this Agreement, are true, correct and complete in all material respects and do not contain any
untrue statement of a material fact or omit to state any material fact necessary in order to make such representations, warranties
or statements, in light of the circumstances under which they were made, misleading. The copies of all documents furnished by CELE
pursuant to the terms of this Agreement are complete and accurate copies of the original documents. The schedules, certificates,
and any and all other statements and information, whether furnished in written or electronic form, to the Company or its representatives
by or on behalf of CELE and the CELE Stockholders in connection with the negotiation of this Agreement and the transactions contemplated
hereby do not contain any material misstatement of fact or omit to state a material fact or any fact necessary to make the statements
contained therein not misleading.

ARTICLE
III

COVENANTS
RELATING TO CONDUCT OF BUSINESS PRIOR TO EXCHANGE

III.01
Conduct of the Company and CELE

 From
the date of this Agreement and until the Effective Time, or until the prior termination of this Agreement, the Company and CELE
shall not, unless mutually agreed to in writing:

(a)  
engage in any transaction, except in the normal and ordinary course of business, or create
or suffer to exist any lien or other encumbrance upon any of their respective assets or which will not be discharged in full prior
to the Effective Time;

(b)  sell,
assign or otherwise transfer any of their assets, or cancel or compromise any debts or claims relating to their assets, other
than for fair value, in the ordinary course of business, and consistent with past practice;

    	 	9	 

     

    

 

(c)    
fail to use reasonable efforts to preserve intact their present business organizations, keep
available the services of their employees and preserve its material relationships with customers, suppliers, licensors, licensees,
distributors and others, to the end that its good will and ongoing business not be impaired prior to the Effective Time;

(d)    
except for matters related to complaints by former employees related to wages, suffer or
permit any material adverse change to occur with respect to the Company and CELE or their business or assets; or

(e)    
make any material change with respect to their business in accounting or bookkeeping methods,
principles or practices, except as required by GAAP.

ARTICLE
IIII

ADDITIONAL
AGREEMENTS

IIII.01
Access to Information; Confidentiality

(a)    
The Company shall, and shall cause its officers, employees, counsel,
financial advisors and other representatives to, afford to CELE and its representatives reasonable access during normal business
hours during the period prior to the Effective Time to its and to the Company’s properties, books, contracts, commitments,
personnel and records and, during such period, the Company shall, and shall cause its officers, employees and representatives to,
furnish promptly to CELE all information concerning its business, properties, financial condition, operations and personnel as
such other party may from time to time reasonably request. For the purposes of determining the accuracy of the representations
and warranties of CELE set forth herein and compliance by CELE of its obligations hereunder, during the period prior to the Effective
Time, CELE shall provide the Company and its representatives with reasonable access during normal business hours to its properties,
books, contracts, commitments, personnel and records as may be necessary to enable the Company to confirm the accuracy of the representations
and warranties of CELE set forth herein and compliance by CELE of its obligations hereunder, and, during such period, CELE shall,
and shall cause its officers, employees and representatives to, furnish promptly to the Company upon its request (i) a copy of
each report, schedule, registration statement and other document filed by it during such period pursuant to the requirements of
federal or state securities laws and (ii) all other information concerning its business, properties, financial condition, operations
and personnel as such other party may from time to time reasonably request. Except as required by law, each of the Company and
CELE will hold, and will cause its respective directors, officers, employees, accountants, counsel, financial advisors and other
representatives and affiliates to hold, any nonpublic information in confidence.

(b)    
No investigation pursuant to this Section 4.01 shall affect any representations
or warranties of the Parties herein or the conditions to the obligations of the Parties hereto.

IIII.02
Best Efforts

Upon the terms and subject to the conditions set forth in this Agreement, each of the Parties agrees to use its best efforts to
take, or cause to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other Parties in
doing, all things necessary, proper or advisable to consummate and make effective, in the most expeditious manner practicable,
the Exchange and the other transactions contemplated by this Agreement. CELE and the Company shall mutually cooperate in order
to facilitate the achievement of the benefits reasonably anticipated from the Exchange.

IIII.03
Public Announcements

CELE, on the one hand, and the Company, on the other hand, will consult with each other before issuing, and provide each other
the opportunity to review and comment upon, any press release or other public statements with respect to the transactions contemplated
by this Agreement and shall not issue any such press release or make any such public statement prior to such consultation, except
as may be required by applicable law or court process. The Parties agree that the initial press release or releases to be issued
with respect to the transactions contemplated by this Agreement shall be mutually agreed upon prior to the issuance thereof.

 

    	 	10	 

     

    

 

IIII.04
Expenses

 All
costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party
incurring such expenses.

IIII.05
No Solicitation

Except as previously agreed to in writing by the other party, neither the Company nor CELE shall authorize or permit any of its
officers, directors, agents, representatives, or advisors to (a) solicit, initiate or encourage or take any action to facilitate
the submission of inquiries, proposals or offers from any person relating to any matter concerning any exchange, merger, consolidation,
business combination, recapitalization or similar transaction involving the Company or CELE, respectively, other than the transaction
contemplated by this Agreement or any other transaction the consummation of which would or could reasonably be expected to impede,
interfere with, prevent or delay the Exchange or which would or could be expected to dilute the benefits to either the Company
or CELE of the transactions contemplated hereby. The Company or CELE will immediately cease and cause to be terminated any existing
activities, discussions and negotiations with any Parties conducted heretofore with respect to any of the foregoing.

ARTICLE
V

CONDITIONS
PRECEDENT

V.01 Conditions to Each Party’s
Obligation to Effect the Exchange

The
obligation of each Party to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject
to the satisfaction, at or prior to the Closing, of each of the following conditions:

(a)                            
No Restraints

No temporary
restraining order, preliminary or permanent injunction or other order preventing the consummation of the Exchange shall have been
issued by any court of competent jurisdiction or any other Governmental Entity having jurisdiction and shall remain in effect,
and there shall not be any applicable legal requirement enacted, adopted or deemed applicable to the Exchange that makes consummation
of the Exchange illegal.

(b)                           
Governmental Approvals

All authorizations,
consents, orders, declarations or approvals of, or filings with, or terminations or expirations of waiting periods imposed by,
any Governmental Entity having jurisdiction which the failure to obtain, make or occur would have a material adverse effect on
CELE or the Company shall have been obtained, made or occurred.

(c)           
No Litigation

There
shall not be pending or threatened any suit, action or proceeding before any court, Governmental Entity or authority (i) pertaining
to the transactions contemplated by this Agreement or (ii) seeking to prohibit or limit the ownership or operation by the Company,
CELE or any of its subsidiaries, or to dispose of or hold separate any material portion of the business or assets of the Company
or CELE.

V.02 Conditions Precedent to Obligations
of CELE

 

The obligation of CELE
to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement are subject to the satisfaction,
at or prior to the Closing, of each of the following conditions:

(a) Representations, Warranties and Covenants

The
representations and warranties of the Company in this Agreement shall be true and correct in all material respects
(except for such representations and warranties that are qualified by their terms by a reference to materiality or material
adverse effect, which representations and warranties as so qualified shall be true and correct in all respects) both when
made and on and as of the Closing Date, and (ii) the Company shall have performed and complied in all material respects with
all covenants, obligations and conditions of this Agreement required to be performed and complied with by each of them prior
to the Effective Time.

 

    	 	11	 

     

    

(b) 
Consents

CELE
shall have received evidence, in form and substance reasonably satisfactory to it, that such licenses, permits, consents, approvals,
authorizations, qualifications and orders of governmental authorities and other third Parties as necessary in connection with the
transactions contemplated hereby have been obtained.

(c)  
No Material Adverse Change

There
shall not have occurred any change in the business, condition (financial or otherwise), results of operations or assets (including
intangible assets) and properties of the Company that, individually or in the aggregate, could reasonably be expected to have a
material adverse effect on the Company.

(d) 
Delivery of the Assignment of Shares

 The
selling shareholders shall have delivered the share certificates to CELE on the Closing Date.

(e)  
Due Diligence Investigation

CELE
shall be reasonably satisfied with the results of its due diligence investigation of the Company in its sole and absolute discretion.

V.03 Conditions
Precedent to Obligation of BIO

 

The obligation of
the Company to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction,
at or prior to the Closing, of each of the following conditions:

(a)            
Representations, Warranties and Covenants

The representations
and warranties of CELE in this Agreement shall be true and correct in all material respects (except for such representations and
warranties that are qualified by their terms by a reference to materiality or material adverse effect, which representations and
warranties as so qualified shall be true and correct in all respects) both when made and on and as of the Closing Date, and (ii)
CELE shall have performed and complied in all material respects with all covenants, obligations and conditions of this Agreement
required to be performed and complied with by it prior to the Effective Time.

(b)            
Consents

The Company
shall have received evidence, in form and substance reasonably satisfactory to it, that such licenses, permits, consents, approvals,
authorizations, qualifications and orders of governmental authorities and other third Parties as necessary in connection with the
transactions contemplated hereby have been obtained.

(c)            
No Material Adverse Change

There
shall not have occurred any change in the business, condition (financial or otherwise), results of operations or assets (including
intangible assets) and properties of CELE that, individually or in the aggregate, could reasonably be expected to have a material
adverse effect on CELE.

(d)            
Board Resolutions

The
Company shall have received resolutions duly adopted by CELE’s board of directors approving the execution, delivery and performance
of the Agreement and the transactions contemplated by the Agreement.

(e)       
Delivery of the Exchange Shares Certificate

The
Company shall have received the Exchange Shares Certificate on the Closing Date. Both parties understand and acknowledge that these
shares cannot not be issued until and unless the shareholders of CELE approve increasing the authorized shares of the corporation sufficiently to allow for such issuance.

 

    	 	12	 

     

    

(f)       Due
Diligence Investigation

The
Company shall be reasonably satisfied with the results of its due diligence investigation of CELE in its sole and absolute discretion.

ARTICLE
VI

TERMINATION, AMENDMENT
AND WAIVER

VI.01 Termination

This
Agreement may be terminated and abandoned at any time prior to the Effective Time of the Exchange:

(a)  
by mutual written consent of CELE and the Company;

(b) 
by either CELE or the Company if any Governmental Entity shall have issued an order, decree
or ruling or taken any other action permanently enjoining, restraining or otherwise prohibiting the Exchange and such order, decree,
ruling or other action shall have become final and nonappealable;

(c)  
by either CELE or the Company if the Exchange shall not have been consummated on or before
July 31, 2018 (other than as a result of the failure of the party seeking to terminate this Agreement to perform its obligations
under this Agreement required to be performed at or prior to the Effective Time.);

(d) 
by CELE, if a material adverse change shall have occurred relative to the Company (and not
curable within thirty (30) days);

(e)  
by the Company if a material adverse change shall have occurred relative to CELE (and not
curable within thirty (30) days);

(f)  
by CELE, if the Company willfully fails to perform in any material respect any of its material
obligations under this Agreement; or

(g) 
by the Company, if CELE willfully fails to perform in any material respect any of its obligations
under this Agreement.

VI.02 Effect of Termination

In the event of termination of this Agreement by either the Company or CELE as provided in Section 6.01, this Agreement shall forthwith
become void and have no effect, without any liability or obligation on the part of CELE or the Company, other than the provisions
of the last sentence of Section 4.01(a) and this Section 6.02. Nothing contained in this Section shall relieve any party for any
breach of the representations, warranties, covenants or agreements set forth in this Agreement.

VI.03
Amendment

This
Agreement may not be amended except by an instrument in writing signed on behalf of each of the Parties upon approval by the party,
if such party is an individual, and upon approval of the Board of Director of CELE and of the Company.

VI.04 Extension; Waiver

Subject
to Section 6.01(c), at any time prior to the Effective Time, the Parties may (a) extend the time for the performance of any of
the obligations or other acts of the other Parties, (b) waive any inaccuracies in the representations and warranties contained
in this Agreement or in any document delivered pursuant to this Agreement, or (c) waive compliance with any of the agreements or
conditions contained in this Agreement. Any agreement on the part of a party to any such extension or waiver shall be valid only
if set forth in an instrument in writing signed on behalf of such party. The failure of any party to this Agreement to assert any
of its rights under this Agreement or otherwise shall not constitute a waiver of such rights.

    	 	13	 

     

    

 

VI.05
Return of Documents

 

In the
event of termination of this Agreement for any reason, CELE and the Company will return to the other party all of the other party’s
documents, work papers, and other materials (including copies) relating to the transactions contemplated in this Agreement, whether
obtained before or after execution of this Agreement. CELE and the Company will not use any information so obtained from the other
party for any purpose and will take all reasonable steps to have such other party’s information kept confidential.

ARTICLE VII

INDEMNIFICATION AND
RELATED MATTERS

 

VII.01
Survival of Representations and Warranties

The representations
and warranties in this Agreement or in any instrument delivered pursuant to this Agreement shall survive until twelve (12) months
after the Effective Time (except for with respect to Taxes, which shall survive for the applicable statute of limitations plus
90 days, and covenants that by their terms survive for a longer period).

VII.02
Indemnification

(a)    
CELE shall indemnify and hold the selling interest holders and the Company harmless for,
from and against any and all liabilities, obligations, damages, losses, deficiencies, costs, penalties, interest and expenses (including,
but not limited to, any and all expenses whatsoever reasonably incurred in investigating, preparing or defending against any litigation,
commenced or threatened, or any claim whatsoever) (collectively, “Losses”) to which CELE may become subject
resulting from or arising out of any breach of a representation, warranty or covenant made by CELE as set forth herein.

(b)    
The Company and selling interest holders shall jointly indemnify and hold CELE and CELE’s
officers and directors (“CELE’s Representatives”) harmless for, from and against any and all Losses to
which CELE or CELE’s Representatives may become subject resulting from or arising out of (1) any breach of a representation,
warranty or covenant made by the Company as set forth herein; or (2) any and all liabilities arising out of or in connection with:
(A) any of the assets of the Company prior to the Closing; or (B) the operations of the Company prior to the Closing.

VII.03
Notice of Indemnification

Promptly after the receipt by any indemnified party (the “Indemnitee”) of notice of the commencement of any
action or proceeding against such Indemnitee, such Indemnitee shall, if a claim with respect thereto is or may be made against
any indemnifying party (the “Indemnifying Party”) pursuant to this Article VII, give such Indemnifying Party
written notice of the commencement of such action or proceeding and give such Indemnifying Party a copy of such claim and/or process
and all legal pleadings in connection therewith. The failure to give such notice shall not relieve any Indemnifying Party of any
of its indemnification obligations contained in this Article VII, except where, and solely to the extent that, such failure actually
and materially prejudices the rights of such Indemnifying Party. Such Indemnifying Party shall have, upon request within thirty
(30) days after receipt of such notice, but not in any event after the settlement or compromise of such claim, the right to defend,
at its own expense and by its own counsel reasonably acceptable to the Indemnitee, any such matter involving the asserted liability
of the Indemnitee; provided, however, that if the Indemnitee determines that there is a reasonable probability that a claim may
materially and adversely affect it, other than solely as a result of money payments required to be reimbursed in full by such Indemnifying
Party under this Article VII or if a conflict of interest exists between Indemnitee and the Indemnifying Party, the Indemnitee
shall have the right to defend, compromise or settle such claim or suit; and, provided, further, that such settlement or compromise
shall not, unless consented to in writing by such Indemnifying Party, which shall not be unreasonably withheld, be conclusive as
to the liability of such Indemnifying Party to the Indemnitee. In any event, the Indemnitee, such Indemnifying Party and its counsel
shall cooperate in the defense against, or compromise of, any such asserted liability, and in cases where the Indemnifying Party
shall have assumed the defense, the Indemnitee shall have the right to participate in the defense of such asserted liability at
the Indemnitee’s own expense. In the event that such Indemnifying Party shall decline to participate in or assume the defense
of such action, prior to paying or settling any claim against which such Indemnifying Party is, or may be, obligated under this
Article VII to indemnify an Indemnitee, the Indemnitee shall first supply such Indemnifying Party with a copy of a final court
judgment or
decree holding the Indemnitee liable on such claim or, failing such judgment or decree, the terms and conditions of the settlement
or compromise of such claim. An Indemnitee’s failure to supply such final court judgment or decree or the terms and conditions
of a settlement or compromise to such Indemnifying Party shall not relieve such Indemnifying Party of any of its indemnification
obligations contained in this Article VII, except where, and solely to the extent that, such failure actually and materially prejudices
the rights of such Indemnifying Party. If the Indemnifying Party is defending the claim as set forth above, the Indemnifying Party
shall have the right to settle the claim only with the consent of the Indemnitee.

 

    	 	14	 

     

    

ARTICLE
VIII

GENERAL PROVISIONS

VIII.01
Notices

Any and
all notices and other communications hereunder shall be in writing and shall be deemed duly given to the party to whom the same
is so delivered, sent or mailed at addresses and contact information set forth below (or at such other address for a party as shall
be specified by like notice.) Any and all notices or other communications or deliveries required or permitted to be provided hereunder
shall be deemed given and effective on the earliest of: (a) on the date of transmission, if such notice or communication is delivered
via facsimile at the facsimile number set forth on the signature pages attached hereto prior to 5:30 p.m. (Pacific Standard Time)
on a business day, (b) on the next business day after the date of transmission, if such notice or communication is delivered via
facsimile at the facsimile number set forth on the signature pages attached hereto on a day that is not a business day or later
than 5:30 p.m. (Pacific Standard Time) on any business day, (c) on the second business day following the date of mailing, if sent
by a nationally recognized overnight courier service, or (d) if by personal delivery, upon actual receipt by the party to whom
such notice is required to be given.

If to CELE: Celexus, Inc.

8275 S. Eastern Ave. Suite 200

Las
Vegas, NV 89123 

If to the Company:

Bio Distribution, Inc.

8275 S. Eastern Ave. Suite 200

Las Vegas, NV 89123

 

VIII.02
Definitions

For
purposes of this Agreement:

(a)    
an “affiliate” of any person means another person that directly or indirectly,
through one or more intermediaries, controls, is controlled by, or is under common control with, such first person;

(b)    
“material adverse change” or “material adverse effect” means, when
used in connection with the Company or CELE, any change or effect that either individually or in the aggregate with all other such
changes or effects is materially adverse to the business, assets, properties, condition (financial or otherwise) or results of
operations of such party and its subsidiaries taken as a whole (after giving effect in the case of CELE to the consummation of
the Exchange);

(c)    
“person” means an individual, corporation, partnership, joint venture, association,
trust, unincorporated organization or other entity; and (d) a “subsidiary” of any person means another person, an amount
of the voting securities, other voting ownership or voting partnership interests of which is sufficient to elect at least a majority
of its board of Directors or other governing body (or, if there are no such voting interests, fifty percent (50%) or more of the
equity interests of which) is owned directly or indirectly by such first person.

    	 	15	 

     

    

VIII.03
Interpretation

 

When
a reference is made in this Agreement to a Section, Exhibit or Schedule, such reference shall be to a Section of, or an Exhibit
or Schedule to, this Agreement unless otherwise indicated. The headings contained in this Agreement are for reference purposes
only and shall not affect in any way the meaning or interpretation of this Agreement. Whenever the words “include”,
“includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words
“without limitation”.

VIII.04
Entire Agreement; No Third-Party Beneficiaries

This
Agreement and the other agreements referred to herein constitute the entire agreement, and supersede all prior agreements and understandings,
both written and oral, among the Parties with respect to the subject matter of this Agreement. This Agreement is not intended to
confer upon any person other than the Parties any rights or remedies.

VIII.05 Governing Law

This
Agreement shall be governed by, and construed in accordance with, the laws of the State of Wyoming, regardless of the laws that
might otherwise govern under applicable principles of conflicts of laws thereof.

VIII.06
Assignment

Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in part,
by operation of law or otherwise by any of the Parties without the prior written consent of the other Parties. Subject to the preceding
sentence, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the Parties and their respective
successors and assigns.

VIII.07
Enforcement

The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed
in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the Parties shall be entitled
to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this
Agreement in any court of the United States located in the State of Wyoming, this being in addition to any other remedy to which
they are entitled at law or in equity. In addition, each of the Parties hereto (a) agrees that it will not attempt to deny or defeat
such personal jurisdiction or venue by motion or other request for leave from any such court, and (b) agrees that it will not bring
any action relating to this Agreement or any of the transactions contemplated by this Agreement in any state court other than such
court.

VIII.08
Severability

Whenever possible, each provision or portion of any provision of this Agreement will be interpreted in such manner as to be effective
and valid under applicable law but if any provision or portion of any provision of this Agreement is held to be invalid, illegal
or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability
will not affect any other provision or portion of any provision in such jurisdiction, and this Agreement will be reformed, construed
and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision or portion of any provision had never
been contained herein.

VIII.09
Counterparts

This
Agreement may be executed simultaneously in two or more counterparts, any one of which need not contain the signatures of more
than one party, but all such counterparts taken together will constitute one and the same Agreement. This Agreement, to the extent
delivered by means of a facsimile machine or electronic mail (any such delivery, an “Electronic Delivery”),
shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding
legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto, each other
party hereto shall re-execute original forms hereof and deliver them in person to all other Parties. No party hereto shall raise
the use of Electronic Delivery to deliver a signature or the fact that any signature or agreement or instrument was transmitted
or communicated through the use of Electronic Delivery as a defense to the formation of a contract, and each such party forever
waives any such defense, except to the extent such defense related to lack of authenticity.

 

    	 	16	 

     

    

 

VIII.10
Attorney’s Fees

In
the event any suit or other legal proceeding is brought for the enforcement of any of the provisions of this Agreement, the Parties
hereto agree that the prevailing party or Parties shall be entitled to recover from the other party or Parties upon final judgment
on the merits reasonable attorneys’ fees, including attorneys’ fees for any appeal, and costs incurred in bringing
such suit or proceeding.

VIII.11 Currency

All
references to currency in this Agreement shall refer to the lawful currency of the United States of America.

[Signature Page Follows]

IN
WITNESS WHEREOF, the undersigned have caused their duly authorized officers to execute this Agreement as of the date first
above written.

Bio Distribution,
Inc.

                                            By:

Celexus,
Inc.

                                            By:

 

    	 	17Exhibit
10.2

 

PROMISSORY
NOTE

	$500.00	September
11, 2018

    

This
Promissory Note ("Note") is made and
delivered by Celexus, Inc., a Nevada
corporation ("Borrower") in favor of Gold Partners and/or
Assignees ("Lender").

 

FOR
VALUE RECEIVED, Borrower promises to pay
to Lender, or order, the principal sum
of Five Hundred Dollars ($500.00)
(the "Note Amount"), together with interest as provided herein.

		a.	Interest
                                         Rate.Interest
                                         shall be at the rate
                                         of 0 percent per month until maturity.

 

1.                 
Payments. The Note
Amount and all accrued interest shall be due and payable in full on the Maturity
Date (“defined below”). All cash
payments shall be made in lawful
money of the United States of America and
in immediately available funds at such place
as the Lender hereof may from time to time direct
by written notice to Borrower.
This Note may be repaid
at any time prior to the Maturity Date without
any prepayment penalty.

 

2.                 
Maturity Date.
This Note is due one year after
the full funding of this Note (the "Maturity Date").

 

3.                 
Default Acceleration. The occurrence
of any Event of Default, as defined below,
and in Lender’s sole discretion
and interpretation shall be a default
hereunder. Upon the occurrence of an Event
of Default, Lender may declare
the entire principal balance of this Note
then outstanding (if not then due and
payable) and all other obligations of Borrower
hereunder and under the Loan Documents, without notice,
to be due and payable immediately, and subject to the applicable
provisions of law, upon any such declaration, the principal
of this Note and all other amounts
to be paid under this Note or any other
Loan Document shall become and be immediately due and
payable, anything in this Note or in the Loan
Documents to the contrary notwithstanding.

 

The
occurrence of any one or more
of the following, whatever the reason
therefor, shall constitute an "Event of Default" hereunder:

a.      
Borrower shall fail to pay all
outstanding principal, on this Note,
or any other payment or amount owing under
this Note when due and such failure
is not cured within 30 days;
or

 

b.     
Borrower is dissolved or liquidated,
or otherwise ceases to exist, or all
or substantially all of the assets
of Borrower or any entity comprising
Borrower are sold or otherwise transferred
without Lender’s written consent;
or

 

    	 	1	 

     

    

 

c.      
Borrower is the subject
of an order for relief by
the bankruptcy court, or is unable
or admits in writing its inability to
pay its debts as they mature, or makes
an assignment for the benefit of creditors; or Borrower
applies for or consents to the appointment of any
receiver, trustee custodian, conservator, liquidator, rehabilitator or similar
officer is appointed without the application
or consent of Borrower as the
case may be, and the appointment continues
undischarged or unstayed for thirty (30) calendar
days; or any Borrower institutes
or consents to any bankruptcy, insolvency, reorganization,
arrangement, readjustment of debt,
dissolution, custodianship, conservatorship, liquidation, rehabilitation
or similar proceedings relating to
it or to all or any part of its property
under the Laws of any jurisdictional
or any similar proceeding is instituted without
the consent of Lender and continues
undismissed or unstayed for thirty(30) calendar
days; or any judgment writ, attachment,
execution or similar process is issued
or levied against Borrower and is not released,
vacated or fully bonded within thirty (30) calendar
days after its issue or levy;
or

 

d.  
Default in performance
of any obligation contained herein
that is not cured within 30 days.

 

4.                 
Waivers. Borrower waives any
right of
offset it now has or may
hereafter have against the Lender
hereof and its successors and assigns. Borrower
waives presentment, demand, protest, notice
of protest, notice of nonpayment
or dishonor and all other notices in
connection with the delivery, acceptance, performance,
default or enforcement of this Note.
Borrower expressly agrees that any
extension or delay in the time for payment or
enforcement of this Note, any
renewal of this Note and any
substitution or release of
the Property, shall in no way affect
the liability of Borrower hereunder. Any
delay on Lender’s part in exercising
any right hereunder or
under any of the Loan
Documents shall not operate as a waiver. Lender’s
acceptance of partial or delinquent
payments or the failure of Lender
to exercise any rights shall not waive
any obligation of Borrower or
any right of Lender,
or modify this Note, or waive
any other similar default.

 

5.                 
Costs of Collection. Borrower
agrees to pay all costs of collection
when incurred and all costs incurred by the Lender
hereof in exercising or preserving
any rights or remedies
in connection with the enforcement and
administration of this Note or following a default by
Borrower, including but not limited
to actual attorneys’ fees. If
any suit or action is instituted to
enforce this Note, Borrower promises
to pay, in addition to the costs
and disbursements otherwise allowed by
law, such sum as the court may
adjudge reasonable attorneys’ fees in such
suit or action.

 

6.                 
Usury. Borrower
hereby represents
that this loan is for commercial use and
not for personal, family or household
purposes. It is the specific intent
of the Borrower and Lender that this Note bear
a lawful rate of interest, and
if any court of competent
jurisdiction should determine that the rate herein provided for exceeds
that which is statutorily permitted
for the type of transaction evidenced hereby, the interest
rate shall be reduced to the highest
rate permitted by applicable law,
with any excess interest theretofore collected being applied against principal or,
if such principal has been fully repaid, returned
to Borrower upon written demand.

    	 	2	 

     

    

 

7.                 
Assignment By
Lender.
Lender may assign
its rights
hereunder or obtain participants in this Note
at any time, and any
such assignee, successor or participant
shall have all rights of the Lender hereunder.

 

8.                 
Construction. This Note
shall be governed by
and constructed in accordance with
the laws of the State of Wyoming. This Note
has been reviewed and negotiated by
Borrower and Lender at arms’ length
with the benefit of or opportunity to seek
the assistance of legal counsel and shall
not be construed against either party.
The titles and captions in this Note
are inserted for convenience
only and in no way define, limit,
extend, or modify the scope of intent
of this Note.

 

9.                 
Partial Invalidity. If
any section or provision of this Note
is declared invalid or unenforceable by
any court of competent jurisdiction,
said determination shall not affect
the validity or enforceability of the remaining terms hereof.
No such determination in one jurisdiction shall affect any
provision of this Note to the extent it is otherwise
enforceable under the laws of any
other applicable jurisdiction.

 

10.             
Venue and Jurisdiction.
The jurisdiction and venue of any action brought
in connection with this Note shall
be exclusively in Nevada and solely under
Nevada law.

 

11.             
Waiver of Jury Trial. Borrower and Lender, by its acceptance
of this Note, hereby waive their respective
rights to a trial by jury in any
action or proceeding based upon,
or related to, the subject
matter of this Note and the business
relationship that is being established.
This waiver is knowingly, intentionally
and voluntarily made by Borrower
and Lender, and Borrower acknowledges that neither
Lender nor any person acting on behalf of Lender
has made any representations of
fact to induce this waiver of trial
by jury or in any way to modify
or nullify its effect. Borrower and Lender acknowledge that this waiver
is a material inducement to enter
into a business relationship that each
of them has already relied on
this waiver and that each of
them will continue to rely on this waiver
in their related future dealings. Borrower further acknowledges that he
has been represented (or has had
the opportunity to be represented) in the signing
of this Note and in the making
of this waiver by independent
legal counsel.

 

12.             
Binding Obligations. This
Note and any other Loan Documents, when executed
and delivered, will constitute the legal, valid and binding obligations
of Borrower enforceable in accordance
with their terms.

 

13.                         
Warranties. Borrower hereby
warrants that (i) the Borrower is duly
and validly organized in the State of
Nevada, (ii) the Borrower has authority
under its corporate governance documents to borrow
funds; (iii) to the Borrowers knowledge, the Borrower
has no material undisclosed liabilities and no actions,
suites, proceedings or investigations are pending or threatened
against the Borrower which might result
in a material adverse change
in the financial condition of Borrower as
a whole; (iv) the statements, representations, warranties and covenants in the Agreement
are accurate.

 

By:

Celexus,
Inc.

    	 	3

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