Document:

Document

Exhibit 4.2

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

The following description sets forth certain material terms and provisions of our securities that are registered under Section 12 of the Securities Exchange Act of 1934.  This description also summarizes relevant provisions of the Ohio Revised Code.  The following description is a summary and does not purport to be complete.  It is subject to, and qualified in its entirety by reference to, the applicable provisions of the Ohio Revised Code and our Amended and Restated Articles of Incorporation (the “Articles of Incorporation”) and our Amended and Restated Regulations (the “Regulations”), each of which is incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit 4.2 is a part.  We encourage you to read our Articles of Incorporation, our Regulations, and the applicable provisions of the Ohio Revised Code for additional information. 
        
General

        Our authorized capital stock consists of:

•400,000,000 common shares, par value $.01 per share; and

•40,000,000 preferred shares, par value $.01 per share.

Common Shares

        The holders of common shares will be entitled to one vote per share on all matters submitted to a vote of shareholders.  Our Regulations provide that, except as otherwise provided in the Articles of Incorporation, a Preferred Share Designation, or by law, the affirmative vote of the holders of a majority of the shares present in person or represented by proxy at a meeting of shareholders and entitled to vote on the subject matter will be the act of the shareholders.  Each director is to be elected by a plurality vote of the shares present, in person or represented by proxy at a meeting of shareholders and entitled to vote on the election of directors.     

        Subject to the rights of holders of any outstanding serial preferred shares, the holders of common shares are entitled to receive dividends as may be declared from time to time by our Board of Directors out of funds legally available for those dividends.  Holders of common shares will be entitled to receive, upon any liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary, all remaining assets available for distribution to shareholders after satisfaction of our liabilities and the preferential rights of any preferred shares that may then be issued and outstanding.  The holders of common shares have no conversion rights, nor are there any redemption, sinking fund or preemptive rights with respect to common shares.

Preferred Shares

        We may issue one or more series of preferred shares as created and authorized by our Board of Directors.  The Board of Directors will determine and the prospectus relating to any particular issuance of serial preferred shares will describe the terms of those serial preferred shares, including, to the extent applicable, the following:

•the number of shares to constitute each series and the name and serial designation thereof;

•the annual dividend rate or rates and dividend payment dates;

•whether dividends are to be cumulative or non-cumulative;

•whether any series will be subject to redemption, and, if so, the manner of redemption and the redemption price or prices;

•whether the shares of any series shall be subject to the operation of a purchase, retirement or sinking fund, and, if so, whether such purchase, retirement or sinking fund shall be cumulative or non-cumulative;

•the terms, if any, upon which shares of any series shall be convertible into, or exchangeable for, or shall have rights to purchase or other privileges to acquire shares of any other class or of any other series of the same or any other class, including the price or prices or the rate or rates of conversion, exchange, purchase or acquisition and the terms of adjustment, if any; 

•the limitations and restrictions, if any, to be effective while any shares of any series are outstanding upon the payment of dividends or other distributions on, and upon the purchase, redemption or other acquisition of, the common shares or any other series or class of our stock ranking junior to the shares of any series, either as to dividends or upon liquidation;

•the conditions or restrictions, if any, upon creation of indebtedness of the Company or issuance of any additional shares of any class ranking on a parity with or prior to the shares of any series either as to dividends or upon liquidation; and

•the voting rights of any series, if any, which rights may be full, limited or denied.

Ohio Takeover Legislation

        Transactions Involving Interested Shareholders. Section 1704.02 of the Ohio Revised Code prohibits any Chapter 1704 transaction (as defined below) for a period of three years from the date on which a shareholder first becomes an interested shareholder unless the directors of the corporation approved the transaction prior to the shareholder becoming an interested shareholder or approved the transaction pursuant to which the shareholder became an interested shareholder.

        A “Chapter 1704 transaction” is defined to include a variety of transactions such as mergers, consolidations, combinations or majority share acquisitions between or involving an Ohio corporation and an “interested shareholder” or an affiliate or associate of an interested shareholder. An interested shareholder is defined generally as any person who, directly or indirectly, beneficially owns 10% or more of the outstanding voting stock of the corporation. 

        After such three-year period, a Chapter 1704 transaction is prohibited unless certain fair price provisions are complied with, the directors of the corporation approved the purchase of shares which made the shareholder an interested shareholder, or the shareholders of the corporation approve the transaction by the affirmative vote of two-thirds of the voting power of the corporation or such other percentage set forth in the articles of incorporation of the corporation provided that a majority of the disinterested shareholders approve the transaction.

        Chapter 1704 is applicable to all corporations formed under Ohio law.

        Control Share Acquisitions. Section 1701.831 of the Ohio Revised Code provides that certain notice and informational filings and special shareholder meeting and voting procedures must be followed prior to consummation of a proposed “control share acquisition.”  The Ohio Revised Code defines a “control share acquisition” as any acquisition of an issuer’s shares which would entitle the acquirer, immediately after that acquisition, directly or indirectly, to exercise or direct the exercise of voting power of the issuer in the election of directors within any one of the following ranges of that voting power: 

•one-fifth or more but less than one-third of that voting power;

•one-third or more but less than a majority of that voting power; or

•a majority or more of that voting power.

        Assuming compliance with the notice and information filings prescribed by the statute, the proposed control share acquisition may be made only if, at a special meeting of shareholders, the acquisition is approved by at least a majority of the voting power of the issuer represented at the meeting and at least a majority of the voting power remaining after excluding the combined voting power of the “interested shares.”  “Interested shares” are the shares held by the intended acquirer and the employee-directors and officers of the issuer, as well as certain shares that were acquired after the date of the first public disclosure of the acquisition but before the record date for the meeting of shareholders and shares that were transferred, together with the voting power thereof, after the record date for the meeting of shareholders.

        A corporation can provide in its articles of incorporation or regulations that Section 1701.831 does not apply to control share acquisitions of shares of such corporation. Neither our Articles of Incorporation nor our Regulations contain any provisions to alter the effect of 1701.831 of the Ohio Revised Code.

Cumulative Voting

        Under Ohio law, unless otherwise provided in a corporation’s articles of incorporation, each shareholder is entitled to cumulate such shareholder’s votes in the election of directors if the shareholder gives notice to the corporation. Except as may be otherwise provided in any designation of the terms of a series of preferred shares, our Articles of Incorporation prohibit cumulative voting by shareholders.Document

Exhibit 10.17

																					
							
							
	SCHEDULE OF EXECUTIVES WITH MANAGEMENT CONTINUITY AGREEMENTS						
							
	Title		Name		Years / Comp*		Excise Tax Gross Up?
	Chairman, President and Chief Executive Officer	 	Robert M. Patterson	 	3	 	Y
	Executive Vice President, Chief Financial Officer	 	Bradley C. Richardson	 	2	 	N
	Senior Vice President, Chief Commercial Officer	 	Michael A. Garratt	 	2	 	N
	Senior Vice President, President of Distribution		Scott J. Horn		2		N
	Senior Vice President, General Counsel and Secretary	 	Lisa K. Kunkle	 	3	 	Y
	Senior Vice President, Global Operations and Process Improvement	 	M. John Midea, Jr.	 	2	 	N
	Senior Vice President, President of Color, Additives and Inks	 	Woon Keat Moh	 	2	 	N
	Senior Vice President, President of Specialty Engineered Materials	 	Christopher L. Pederson	 	2	 	N
	Senior Vice President, Mergers & Acquisitions	 	Joel R. Rathbun	 	2	 	N
	Senior Vice President, Chief Human Resources Officer	 	João José San Martin Neto	 	2	 	N

* Years of compensation payable upon change of controlExhibit 4.1

 

 

 

XINDA INTERNATIONAL
CORP.

 

- and –

 

TRIBAL RIDES
INC.

 

ASSET PURCHASE
AGREEMENT

 

January 18, 2020

 

 

PURCHASE AGREEMENT
This Purchase Agreement (this "Agreement") is entered into as of January 10, 2020, by and among XINDA INTERNATIONAL
CORP. a corporation incorporated under the laws of the state of Nevada, ("XNDA") and TRIBAL RIDES , INC.,
a corporation incorporated under the laws of the state of Nevada, (“TribalRides”) and the shareholders of TribalRides
(the “Shareholders”). Each of the parties to this Agreement is individually referred to herein as a “Party”
and collectively, as the “Parties.”

 

WHEREAS,
XNDA is a publicly traded corporation quoted on the OTC Markets (the “OTC”);

 

WHEREAS,
XNDA has _fifty million (50,000,000) shares of common stock authorized, of which 5,857,500
are issued and outstanding, and no shares of Series A Preferred Stock authorized, none of which are issued and outstanding. TribalRides
has five million (5,000,000) shares of common stock authorized, of which one million and seven hundred thousand (1,700,000) are
issued and outstanding (the “TribalRides Stock”), which shares are owned by the Shareholders. The Shareholders
are the record and beneficial owner of the number of shares of TribalRides Stock, or the right to receive such shares, set forth
opposite such Shareholder’s name on Annex A hereto;

 

WHEREAS,
XNDA wishes to purchase from TribalRides and TribalRides wish to sell to XNDA, certain assets of TribalRides, in exchange
for an aggregate of 25,000,000_newly issued shares of the common stock,
$0.001 par value, of XNDA (the “XNDA Stock”) on the terms and conditions contained herein (the "Asset
Purchase"); 

 

WHEREAS,
TribalRides is engaged in the business of Digital Transformation of Transportation (the “Business”);

 

WHEREAS,
the Shareholders believe that the Asset Purchase is in the best interests of TribalRides and has agreed to enter into this
Agreement as set out herein;

 

NOW,
THEREFORE, in consideration of the covenants, premises, representations and warranties set forth herein, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

ARTICLE 1

INTERPRETATION

 

1.1          Interpretation.     In
this Agreement:

 

(a)       Definitions.
In this Agreement, the following terms have the meanings set forth below, which shall be equally applicable to both the singular
and plural forms. Any agreement or document referred to below shall mean such agreement or document as amended, supplemented and
modified from time to time to the extent permitted by the applicable provisions thereof and by this Agreement.

 

(i)
"affiliate" means, with respect to any Person, any other Person who directly or indirectly controls, is controlled
by, or is under direct or indirect common control with, such Person. A Person shall be deemed to "control" another
Person if such Person possesses, directly or indirectly, the power to direct or cause the direction of the management and policies
of such other Person, whether through the ownership of voting securities, by contract or otherwise; and the term "controlled"
shall have a similar meaning.

 

 

 

    	 	1	 

     

    

 

(ii)
 "Applicable Laws" means, in respect of any Person, property, transaction, event or course of conduct, all
applicable laws, statutes, regulations, rules, by-laws, ordinances, protocols, regulatory policies, codes, guidelines, official
directives, orders, rulings, judgments and decrees of any Governmental Authority and includes the common law.

 

(iii)
 "Assets" means all properties, assets and rights of every kind, nature and description whatsoever whether
tangible or intangible, real, personal or mixed, fixed or contingent, choate or inchoate, known or unknown, wherever located.

 

(iv)
 "Assignment and Assumption Agreement" means the assignment and assumption agreement dated as of the Closing
Date between TribalRides and XNDA, substantially in a form agreed to by XNDA and TribalRides.

 

(v)
 "Bill of Sale" means the bill of sale provided from TribalRides for the Purchased Assets, substantially
in a form agreed to by XNDA and TribalRides.

 

(vi)
 "Business Day" means any day which is not a Saturday, Sunday or a day on which banks in Delaware are authorized
by Applicable Laws or executive orders to be closed.

 

(vii)
 "Claim" means a claim for indemnification by XNDA Indemnified Parties or the Seller Indemnified Parties
pursuant to Section 8.1, 8.2 or 8.3, respectively.

 

(viii)
 "Closing" means the completion of the purchase and sale of the Purchased Assets pursuant to this Agreement
at the Closing Time.

 

(ix)
 "Closing Date" means the date of this Agreement.

 

(x)
 "Code" means the Internal Revenue Code of 1986, as amended from time to time.

 

(xi)
 "Consent" means any approval, consent, ratification, waiver, or other authorization of, notice to or registration,
qualification, designation, declaration or filing with, any Person including, without limitation, any customer or Governmental
Authority.

 

(xii)
 "Contract" means any agreement, contract, option, license, instrument, obligation, commitment, arrangement,
promise or undertaking, in each such case, whether written or oral and whether express or implied.

 

(xiii)
 "Current Assets" of a Person at any date means all assets of the Person that would properly be classified
in accordance with GAAP as current assets as of that date, after deducting adequate reserves in each case a reserve is proper,
determined as of such date; provided, that if such Person is TribalRides, Current Assets shall only include current assets that
are Purchased Assets.

 

(xiv)
 "Direct Claim" means a Claim which originates pursuant to this Agreement and does not involve a Third Party
Claim.

 

(xv)
 "Employee Plan" means any "employee pension benefit plan" (as defined in Section 3(2) of ERISA),
any "employee welfare benefit plan" (as defined in Section 3(1) of ERISA), and any other plan, program, policy, practice,
Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards,
stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten
or otherwise, funded or unfunded, that is or has been maintained, contributed to, or required to be contributed to, by TribalRides
for the benefit of any employee or with respect to which TribalRides has or may have any Liability.

 

(xvi)
 "Encumbrance" means any security interest, pledge, lien, mortgage, charge, encumbrance, claim, condition,
easement, covenant, warrant, equitable interest, option, purchase right, community property interest, right of first refusal, or
other right of third parties or other restriction of any kind including, without limitation, any restriction on the exercise of
any attribute of ownership (including any restriction on the use, voting, transfer or receipt of income related to any Asset).

 

 

 

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(xvii)
 "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. A-3

 

(xviii)
 "ERISA Affiliate" means any entity that would be deemed a "single employer" with TribalRides under
Section 414(b), (c), (m) or (o) of the Code or Section 4001 of ERISA.

 

(xix)
 "Governmental Authority" means any federal, state, local, municipal, foreign or other governmental or quasi-
governmental authority including, without limitation, any administrative, executive, judicial, legislative, regulatory or taxing
authority of any nature of any jurisdiction (including, without limitation, any governmental agency, branch, department, official
or entity and any court or other tribunal).

 

(xx)
 "Governmental Charges" means all Taxes, levies, assessments, reassessments and other charges together with
all related penalties, interest and fines, due and payable to any domestic or foreign government (federal, provincial, municipal
or otherwise) or to any regulatory authority, agency, commission or board of any domestic or foreign government, or imposed by
any court or any other law, regulation or rulemaking entity having jurisdiction in relevant circumstances.

 

(xxi)
 "Guarantee" means any obligation of a Person directly or indirectly guaranteeing any Indebtedness or other
obligation of any other Person and, without limiting the generality of the foregoing, any obligation, direct or indirect, contingent
or otherwise, of such Person (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness
or other obligation (whether arising by virtue of partnership arrangements, by agreement to keep-well, to purchase assets, goods,
securities or services, to take-or-pay, or to maintain financial statement conditions or otherwise) or (ii) entered into for the
purpose of assuring in any other manner the obligee of such Indebtedness or other obligation of the payment thereof or to protect
such obligee against loss in respect thereof (in whole or in part).

 

(xxii)
 "Hazardous Materials" means: (i) any material, substance, chemical, waste, product, derivative, compound,
mixture, solid, liquid, mineral or gas, in each case, whether naturally occurring or manmade, that is hazardous, acutely hazardous,
toxic, or words of similar import or regulatory effect under Environmental Laws; and (ii) any petroleum or petroleum-derived products,
radon, radioactive materials or wastes, asbestos in any form, lead or lead- containing materials, urea formaldehyde foam insulation
and polychlorinated biphenyls.

 

(xxiii)
 "Indebtedness" means (i) the principal of and premium, if any, and interest in respect of any indebtedness
for money borrowed or any obligations evidenced by notes or other instruments, (ii) capital lease obligations, (iii) obligations
issued or assumed as the deferred purchase price of property or services and (iv) obligations in respect of surety bonds, letters
of credit or other similar instruments.

 

(xxiv)
 "Intellectual Property" means: (i) all inventions, arts, processes, compositions of matter, business methods,
developments and improvements (whether or not patented or the subject of an application for patent, whether or not patentable and
whether or not reduced to practice); and all improvements thereto; (ii) all patents, pending patent applications and rights to
file patent applications for the inventions referred to in (i) above; all patent disclosures and invention disclosures; and all
rights of priority, reissue, divisional, continuation or continuation-in-part applications, revisions, extensions and re-examinations
in connection therewith; (iii) all trade-marks, trade dress, logos, trade names, business names, corporate names and domain names;
all translations, adaptations, derivations and combinations thereof; all goodwill associated therewith; and all applications, registrations
and renewals in connection therewith; (iv) all copyrightable works and all copyrights; and all applications, registrations and
renewals in connection therewith; (v) all mask works and all integrated circuit topographies; and all applications, registrations
and renewals in connection therewith; (vi) all industrial designs; and all applications, registrations and renewals in connection
therewith; (vii) all other intellectual and industrial property (whether or not registered or the subject of an application for
registration and whether or not registrable); (viii) all copies and tangible embodiments of any of the foregoing (in whatever form
or medium); and (ix) all common law, statutory and contractual rights to the property and rights referred to in this definition.

 

(xxv)
 "IRS" means the Internal Revenue Service.

 

(xxvi)
 "Liability" means all liabilities of any kind whatsoever whether known or unknown, asserted or unasserted,
absolute or contingent, accrued or unaccrued, liquidated or unliquidated, due or to become due, and whether or not reflected or
required by GAAP to be reflected on a balance sheet including, without limitation, any direct or indirect Guarantee of any Liability
of any other Person.

 

 

 

    	 	3	 

     

    

 

(xxvii)
 "Licensed Intellectual Property" means any Intellectual Property owned by a Person other than TribalRides
and used by TribalRides pursuant to a license, sub-license, lease, sub-lease, royalty, conditional sale, strategic alliance or
other similar arrangement in connection with the Purchased Assets.

 

(xxviii)
 "Loss" means any loss, injury, liability, damage, cost, expense (including legal expenses) or deficiency
of any kind or nature, whether direct, indirect or consequential, suffered or incurred by a party indemnified pursuant to the terms
of this Agreement, in connection with any Claim made by it hereunder, including in respect of any proceeding, assessment, judgment,
settlement or compromise relating thereto.

 

(xxix)
 "Material Adverse Change" means any change, effect, event, occurrence, circumstance or state of facts that,
individually or in the aggregate, is, or could reasonably be expected to be, material and adverse to the business, operations or
financial condition, property, assets, or liabilities (contingent or otherwise) of the Purchased Assets or that would prevent or
significantly impede the sale of the Purchased Assets, Purchased Equity or the Purchased Membership Interest or the completion
of the other transactions contemplated by this Agreement and the Transaction Documents.

 

(xxx)
 "Order" means any final and non-appealable award, decision, injunction, judgment, order, decree, ruling,
subpoena or verdict entered, issued, made or rendered by any court, administrative agency or other Governmental Authority or by
any referee, arbitrator or mediator.

 

(xxxi)
 "Organizational Documents" means any certificate or articles of incorporation, formation or organization,
by-laws, limited liability company operating agreement, certificate of limited partnership, business certificate of partners, partnership
agreement, declaration of trust, constating documents or other similar documents.

 

(xxxii)
 "Owned Intellectual Property" means any Intellectual Property owned by TribalRides and used in carrying
on the Purchased Assets.

 

(xxxiii)
 "Person" means any individual, corporation, general or limited partnership, limited liability company, joint
venture, estate, trust, association, organization, labor union, Governmental Authority or other entity.

 

(xxxiv)
"Personal Information" means the type of information regulated by Applicable Laws and collected, used or disclosed
by TribalRides in connection with the Purchased Assets, including information such as an individual's name, address, age, gender,
identification number, income, family status, citizenship, employment, assets, liabilities, source of funds, payment records, credit
information, personal references and health records, but does not include the name, title or business address or telephone number
of an employee;

 

(xxxv)
"Proceeding" means any action, claim, arbitration, mediation, audit, hearing, investigation, litigation or suit
(whether civil, criminal, quasi-criminal, administrative, regulatory, investigative or informal) commenced, brought, conducted
or heard by or before, or otherwise involving, any court or other Governmental Authority or referee, trustee, arbitrator or mediator.

 

(xxxvi)
 "Purchase Price" has the meaning ascribed thereto in Section 3.1.

 

(xxxvii)
 "Purchased Assets" has the meaning ascribed thereto in Section 2.1.

 

(xxxviii)
 "TribalRides Disclosure Schedule" means the disclosure schedules dated as of the date of this Agreement
from TribalRides to XNDA in connection with this Agreement, and acknowledged by XNDA.

 

(xl)
 "TribalRides IP Assignment Agreements" means the Intellectual Property assignment agreement to be executed
by the CEO of Tribal Rides in the favor of XNDA in a form agreed to by XNDA and TribalRides.

 

(xli)
 "Tangible Personal Property" means all machinery, equipment, tools, furniture, fixtures, computer hardware,
supplies, materials, servers, routers, desktop computers, laptop computers, fixed and mobile computer storage devices, mobile phones,
personal digital assistants, network equipment, telephone systems, back-up systems, non- fixed media and all other computer and
electronic equipment of any kind and other items of tangible personal property of every kind owned, leased or licensed by TribalRides
(wherever located and whether or not carried on the books of TribalRides), together with all express and implied warranties by
the manufacturers, sellers, lessors and licensors of such items or components thereof and all maintenance records and other documents
relating thereto.

 

 

 

    	 	4	 

     

    

 

(xlii)
 "Tax" or "Taxes" means any and all taxes, fees, levies, duties, tariffs and governmental
impositions or charges of any kind in the nature of, or similar to, taxes, payable to any federal, state, provincial, local or
foreign taxing authority including, without limitation (a) income, franchise, profits, gross receipts, ad valorem, net worth, value
added, sales, use, service, real or personal property, special assessments, capital stock, license, payroll, withholding, employment,
social security, workers' compensation, unemployment compensation, utility, severance, production, excise, stamp, occupation, premiums,
windfall profits, transfer and gains taxes and (b) interest, penalties, additional taxes and additions to taxes imposed with respect
thereto.

 

(xliii)
 "Tax Returns" means any return, report or information statement with respect to Taxes (including, but not
limited to, statements, schedules and appendices and other materials attached thereto) filed or required to be filed with the IRS
or any other Governmental Authority including, without limitation, consolidated, combined and unitary tax returns.

 

(xliv)
 "Third Party Claim" means a Claim by XNDA which originates by reason of a Person (other than XNDA) making
a claim against the Purchased Assets.

 

(xlv)
 "Transaction Documents" means this Agreement, the TribalRides Disclosure Schedule, the Bill of Sale, the
Assignment and Assumption Agreement, the Consulting Agreement, the TribalRides IP Assignment Agreements and all other Contracts,
instruments and certificates contemplated hereunder to be delivered by any party hereto at or prior to the Closing.

 

(b)       Headings.
The inclusion of headings is for convenience of reference only and shall not affect the construction or interpretation hereof.

 

(c)       Gender
and Number. Except where the context requires otherwise, words importing the singular include the plural and vice versa and words
importing gender include all genders.

 

(d)       Including.
Where the word "including" or "includes" is used, it means including or includes "without
limitation".

 

(e)       Material.
Where the term "material" or "materially" is used, it shall be construed, measured or assessed
on the basis of whether the matter would materially affect a party and its subsidiaries, taken as a whole, or would prevent or
significantly impede the purchase or sale of the Purchased Assets or the completion of the other transactions contemplated by this
Agreement and the Transaction Documents.

 

(f)
       No Strict Construction. The language used in this Agreement is the language chosen by
the Parties to express their mutual intent, and no rule of strict construction shall be applied against any Party proposing any
such language.

 

(g)       Statutory
References. A reference to a statute includes all rules and regulations made pursuant to such statute and, unless expressly provided
otherwise, the provisions of any statute, rule or regulation which amends, supplements or supersedes any such statute, rule or
regulation.

 

(h)       Currency.
Except where expressly provided otherwise herein, all amounts are stated and shall be paid in United States dollars.

 

(i)
       Time Periods. Except where expressly provided otherwise herein, time periods within or
following which any payment is to be made or act is to be done shall be calculated by excluding the day on which the period commences
and including the day on which the period ends and by extending the period to the following Business Day if the last day of the
period is not a Business Day.

 

(j)
       Accounting Principles. In this Agreement, except to the extent otherwise expressly provided,
references to "GAAP", means, the generally accepted accounting principles in the United States so prescribed,
recommended or promulgated from time to time by the Financial Accounting Standards Board, which are applicable as at the date on
which any calculation made hereunder is to be effective. Unless otherwise defined herein, all financial terminology contained in
this Agreement shall be interpreted in a manner which is consistent with GAAP. Notwithstanding anything to the contrary contained
herein, in the event of an inconsistency or conflict between GAAP and any other accounting principles, practices or methodologies,
GAAP shall prevail and govern to the extent necessary to remedy such inconsistency or conflict.

 

 

 

    	 	5	 

     

    

 

(k)
       Knowledge. All references to the term "Knowledge" in this Agreement
and the Transaction Documents means collectively, the actual knowledge of the Shareholders, and each of them, TribalRides and XNDA
(as applicable) together with the knowledge which any of them would have had if they had made inquiries and investigations into
the relevant matter that a reasonably prudent officer or investor of a corporate entity would have made in similar circumstances.

 

1.2          Entire
Agreement. This Agreement and the Transaction Documents constitute the entire agreement between the Parties pertaining
to the transactions contemplated by this Agreement and the Transaction Documents. There are no representations, warranties, covenants,
agreements, conditions, indemnities or other provisions, whether oral or written, express or implied, collateral, statutory or
otherwise, relating to the transactions contemplated by this Agreement and the Transaction Documents, except as expressly contained
in this Agreement and the Transaction Documents and this Agreement and the Transaction Documents supersede any and all prior and/or
contemporaneous agreements and understandings, both written and oral, among the Parties with respect to such subject matter.

 

1.3          Severability.Each
of the provisions contained in this Agreement is distinct and severable and a declaration of invalidity or unenforceability of
any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any
other provision hereof. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid
or unenforceable with a valid and enforceable provision, the economic effect of which comes as near as possible to that of the
invalid or unenforceable provisions that it replaces.

 

1.4          Amendments;
Waivers; Investigations. Except as expressly provided otherwise herein, no amendment or waiver of this Agreement shall
be binding unless executed in writing by the Party to be bound thereby. No waiver of any provision of this Agreement shall constitute
a waiver of any other provision nor shall any waiver of any provision of this Agreement constitute a continuing waiver unless expressly
provided otherwise herein. No investigation or waiver made by or on behalf of any Party shall have the effect of waiving, diminishing
the scope of or otherwise affecting any representation or warranty made by any other Party pursuant to this Agreement or any Transaction
Document.

 

1.5          Governing
Law.This Agreement will be governed by and any dispute arising out of or relating to this Agreement will be resolved in
accordance with the laws of the State of California, without giving effect to conflict of laws principles.

 

ARTICLE 2

ASSET PURCHASE

 

2.1          Asset
Purchase from TribalRides. 

 

(a)       Purchased
Assets. Subject to the terms and conditions of this Agreement, at the Closing, TribalRides shall sell, convey, assign, transfer
and deliver to XNDA, and XNDA shall acquire and purchase, free and clear of all Encumbrances, all right, title and interest in
and to [all of the Assets of TribalRides listed on Exhibit A to this Agreement existing on the Closing Date]/[all of TribalRides’
rights, title and interest, as of the Closing Date, in and to any and all assets, properties, rights and claims of any kind or
nature, whether tangible or intangible, real, personal or mixed, wherever located and whether or not carried or reflected on the
books and records of any of TribalRides, whether now existing or hereinafter acquired, which relate to the Business or which are
used or useful in or held for use in, or were acquired in connection with, the operation of the Business, excluding only the Excluded
Assets (such assets, properties, rights and claims to be acquired hereunder, collectively, the “Purchased Assets”),
free and clear of all Liens (except for Permitted Liens) and all claims against XNDA. The Purchased Assets shall include[, even
if not listed on Exhibit A] but not be limited to, the following:

 

(i)
 all Tangible Personal Property used by TribalRides in carrying on the Purchased Assets and together with all rights as of
the Closing Date under all representations, warranties and guarantees made by suppliers, manufacturers and contractors to the extent
related thereto;

 

(ii)
 any and all inventory, packaging, marketing materials, adverting materials, signage product samples, or other property owned
by TribalRides or TribalRides' clients but that is currently in TribalRides' possession;

 

 

 

    	 	6	 

     

    

 

(iii)
all rights of TribalRides to security deposits (whether real estate or personal property), claims
for refunds (other than Tax refunds) and rights to offset in respect of such clients and/or customers of TribalRides, including
all funds held for the benefit of or on behalf of any client or customer;

 

(iv)
any telephone, fax or vendor/payee number or email address owned by TribalRides and used in the Purchased
Assets; and 

 

(v)
 the goodwill of the Purchased Assets together with the exclusive right to represent XNDA as carrying on the Purchased Assets
as successor to TribalRides and the right to use the name "Tribal Rides" or any variation thereof.

 

(vi)
any interest in or ownership of any websites or domain names used or owned by TribalRides;

 

(vii)       all
of the following Assets to the extent that such Assets arise from, are related to or are concerning the [Business/Assets
of TribalRides listed on Exhibit A];

 

(A)       all
licenses and distributor agreements;

 

(B)       
all right, title and interest of TribalRides in all Contracts which relate exclusively to the Purchased Assets, as set out in Schedule
2.1 to the TribalRides Disclosure Schedule (to the extent that such Contracts are assignable or transferable and subject to obtaining
any necessary consents to such assignment or transfer) (collectively, the "Assumed Contracts");

 

(C)       all
right, title and interest of TribalRides to all of TribalRides’ Intellectual Property, and all Licensed Intellectual Property
and Owned Intellectual Property;

 

(D)       all
intangible property, including originals, and where such originals are not available, copies of all business and financial records
(whether or not recorded on computer), including customer lists, prospect lists, business contacts, supplier lists, referral sources
and all operating manuals, engineering standards and specifications and other information;

 

(E)       all
authorizations from Governmental Authorities or other permits of TribalRides, to the extent transferrable;

 

(F)       all
insurance benefits, including rights and proceeds, to the extent transferable to XNDA;

 

(G)       all
claims of TribalRides against third-parties, whether choate or inchoate, known or unknown, contingent or non-contingent; and

 

(H)       all
rights, claims and credits, including all guarantees, warranties, indemnities and similar rights in favor of TribalRides;

 

(b)Excluded
Assets.Notwithstanding any other provision of this Agreement to the contrary, the following Assets of TribalRides existing
on the Closing Date (collectively, the "Excluded Assets") are excluded from the Purchased Assets and shall remain
the property of TribalRides after the Closing:

 

(i)
 all Retained Liabilities, which shall consist of 100% of the liabilities of TribalRides;

 

(ii)
 all minute books, seals, equity record books and equity transfer records of TribalRides and Tax Returns and Tax records of
TribalRides and the books and records of TribalRides;

 

(iii)
 all personnel records and other records that TribalRides is required by law to retain in its possession;

 

(iv)
 all right, title or interest of TribalRides under any Contract, other than the Assumed Contracts;

 

(v)
 all commissions, trade accounts payable and all trade debts payable by TribalRides;

 

 

 

    	 	7	 

     

    

 

(vi)
 the right of TribalRides to claim for net refunds of income Taxes or gross receipts Taxes of TribalRides in excess of deficiencies
for any period or with respect to any event, adjustment or occurrence prior to the Closing Date;

 

(vii)
 prepaid Taxes, refunds of Taxes and Tax loss carry forwards including interest thereon or claims therefor for any period
or portion thereof ending on or prior to the Closing Date;

 

(viii)
 all insurance policies of the TribalRides to the extent not transferable;

 

(ix)
 any refunds of insurance premiums with respect to any of TribalRides’ insurance policies; and

 

(x)
 all rights of TribalRides under this Agreement, including with respect to the Purchase Price.

 

(c)Agreement
to Assume Liabilities.XNDA shall assume as of the Closing Date and shall pay, discharge and perform all obligations to be performed
by TribalRides after, and not on, the Closing Date under the Assumed Contracts assumed under the terms of the Assignment and Assumption
Agreement, which by the terms and conditions thereof are to be paid, discharged or performed at any time after, and not on, the
Closing Date (the "Assumed Liabilities").

 

(d)
No Assumption of Retained Liabilities. XNDA shall not be liable for, or assume, any other liabilities or obligations of TribalRides
other than the Assumed Liabilities. Notwithstanding anything to the contrary contained herein, and without limiting the foregoing,
all of the following liabilities and obligations of TribalRides shall be considered "Retained Liabilities" for
purposes of this Agreement:

 

(i)
 All liabilities and debts on the TribalRides balance sheet and all amounts owed to any third party for any reason;

 

(ii)
 any Liability or obligation relating to product Liability claims for products sold or services rendered by TribalRides;

 

(iii)
 all environmental Liabilities of TribalRides under Applicable Laws;

 

(iv)
 any Liability or obligation which arises prior to or after the Closing Time in respect of the present or former employees,
non-employee directors or other service providers of TribalRides or the spouses, dependents or beneficiaries thereof;

 

(v)
 any Liability or obligation of TribalRides to any of TribalRides’ shareholders, members, directors, officers, managers
or affiliates;

 

(vi)
 all Liabilities of TribalRides and the ERISA Affiliates arising under, or with respect to, the Employee Plans;

 

(vii)
 any Liability or obligation arising out of, or relating to, any Proceeding pending as of the Closing Date or any Proceeding
commenced after the Closing Date to the extent arising out of, or relating to, any act or omission of TribalRides or any event,
circumstance, condition occurring on or prior to the Closing Date;

 

(viii)
 any Liability or obligation arising out of or resulting from noncompliance by TribalRides with any Applicable Law or any
Order occurring on or prior to the Closing Date;

 

(ix)
 any Liability or obligation of TribalRides with respect to Taxes;

 

(x)
 any Liability or obligation arising out of, or relating to, the Excluded Assets on or prior to the Closing Date;

 

 

 

    	 	8	 

     

    

 

(xi)
 any Liability or obligation under any Assumed Contract which arises after the Closing Date with respect to any breach or
violation that occurred on or prior to the Closing Date;

 

(xii)
 any Liability or obligation relating to or arising out of any Contracts of TribalRides other than the Assumed Contracts;

 

(xiii)
 any Liability or obligation relating to, or resulting from, TribalRides Intellectual Property to the extent arising on or
prior to the Closing Date;

 

(xiv)
 any Liability or obligation based upon TribalRides’ acts or omissions occurring after the Closing Date (other than
those relating to XNDA's ownership of the Purchased Assets); and

 

(xv)
 Governmental Charges for the period on or prior to the Closing Date; and

 

(xvi)
 any Liability or obligation of TribalRides under this Agreement or any of the Transaction Documents contemplated hereby.

 

(e)
       No Assumption of Liabilities for TribalRides Employees. TribalRides will continue to
be responsible for and will discharge all obligations and Liabilities in respect of all employees of TribalRides, and XNDA shall
have no Liability whatsoever to any employees of TribalRides prior to or after the Closing Date.

 

(f)       Post-Closing
Payments. All payments and reimbursements made by any third party in the name of or to TribalRides in connection with or arising
out of the Purchased Assets (other than payments relating to Excluded Assets or Retained Liabilities), shall be held by TribalRides
in trust for the benefit of XNDA and, promptly, and in any event within three (3) Business Days, after receipt by TribalRides of
any such payment or reimbursement, TribalRides shall pay over to XNDA the amount of such payment or reimbursement, together with
all corresponding notes, documentation and information received in connection therewith.

 

(g)       Taxes.

 

(i)
       TribalRides shall be responsible for and shall pay on Closing all Taxes payable in respect
of the sale and transfer of the Purchased Assets to XNDA. TribalRides and the Shareholders shall be responsible for all tax implications
of the XNDA Shares issued pursuant to this agreement.

 

(ii)
       TribalRides and XNDA each agree, upon reasonable request from the other party, to cooperate
fully in connection with the preparation and filing of any documents or Tax Returns with any Governmental Authority, and to use
their commercially reasonable efforts to obtain any document from any Governmental Authority or any other Person as may be necessary
or commercially advisable to mitigate, reduce or eliminate any Tax that could be imposed.

 

(h)        Contracts.
Prior the Closing, to the extent that specific assignments may be necessary or appropriate in respect of any of the Purchased
Assets, and/or to the extent that any of the Purchased Assets are represented by certificates of title or other documents, then
TribalRides will execute and deliver to XNDA any additional transfer documents, and shall endorse to and in the name of XNDA all
certificates of title and other such documents, as may be necessary or appropriate and requested by XNDA to effect the full transfer
to XNDA all of the Purchased Assets. Notwithstanding anything to the contrary in this Agreement, this Agreement shall not constitute
an agreement to assign or transfer any Assumed Contract if such assignment or transfer, or an attempt to make such an assignment
or transfer, without the consent of a third party would constitute a material breach or materially affect adversely the rights
of XNDA or TribalRides thereunder. To the extent that prior to the Closing Time, TribalRides has not obtained all necessary Consents
required to assign or transfer any Assumed Contract to XNDA, TribalRides shall use its commercially best reasonable efforts to
obtain such Consents as promptly as practicable thereafter. Until such Consents are obtained, TribalRides shall cooperate and shall
cause its representatives to cooperate with XNDA in any arrangement designed to provide XNDA with the interests, rights and benefits
of TribalRides under such Assumed Contract at no cost to XNDA in excess of the cost XNDA would have incurred, without modification
to the terms of such Assumed Contract, if such Consent had been obtained. Nothing in this Section shall be deemed to constitute
an agreement to exclude from the Purchased Assets any Assumed Contracts for which such Consents are not obtained; provided, however,
that XNDA shall be responsible for, and shall promptly pay all reasonable costs and expenses of TribalRides to establish, implement,
monitor, maintain, execute on, or carry into effect any such arrangement (including any reasonable costs and expenses incurred
in connection with enforcing rights under any such Assumed Contract), which TribalRides shall not incur without XNDA’s prior
written consent, to the same extent as if such Assumed Contract had been assigned or transferred at the Closing Time. The obligation
of TribalRides to cooperate with XNDA set forth in this Section shall not require TribalRides to incur any expenses, liabilities
or obligations or to provide any financial accommodation or to remain secondarily or contingently liable for any liabilities or
obligations under any applicable Assumed Contract.

 

 

 

    	 	9	 

     

    

 

2.2          XNDA
Capitalization; Pre-Closing and post-Closing Covenants. 

 

(a)       [Reserved]

 

ARTICLE 3

PURCHASE PRICE
AND PAYMENT

 

3.1          Purchase
Price; Payment. As consideration for the Asset Purchase (the consideration listed in Section 3.1(a) shall be considered
the “Purchase Price”):

 

(a)       XNDA
agrees to issue to TribalRides twenty-five million (25,000,000) newly issued shares of the common stock,, $0.001 par value, of
XNDA (the “XNDA Stock”). In the aggregate, the shares of XNDA Stock issuable to the Shareholders will be approximately
eighty-three percent (83%) of the issued and outstanding Preferred Stock of XNDA, which will have the right to convert into (and
votes with respect to) approximately eighty-three percent (83%) of the issued and outstanding capital stock of XNDA, as of and
immediately after the Closing. In addition, XNDA has or shall issue up to five million additional shares to other consultants in
connection with the transactions contemplated hereby, and up to five million additional shares to accredited investors.

 

(b)       
Each of TribalRides, XNDA and the Shareholders agree that this transaction is intended to qualify under Section 368(a)(1)(C) of
the Internal Revenue Code as a tax free transaction, and each Party agrees to execute and deliver such documents as may be reasonably
requested by another Party to effectuate such intent

 

3.3          Location
and Time of the Closing. The Closing shall take place electronically at 11:59 p.m., EST, on the Closing Date, or such other
time on the Closing Date as may be agreed upon in writing between XNDA and TribalRides (the "Closing Time").

 

3.4           reserved.

 

3.5          Right
of First Refusal.If XNDA shall choose to sell any Purchased Assets during the twelve (12) month period following the Closing,
TribalRides and the Shareholders shall have a first right of refusal to purchase such Assets from XNDA at fair market value. TribalRides
shall have a period of thirty days to elect to purchase the Assets related to the Purchased Assets, including the Purchased Assets.
If TribalRides or the Shareholders do not exercise its right to purchase such Assets during the thirty day notice period, XNDA
and/or XNDA shall have the right to sell such Assets.

 

3.6          Withholding
Taxes. Notwithstanding any other provision in this Agreement, XNDA shall have the right to deduct and withhold Taxes from
any payment to be made under this Agreement and any Transaction Documents if such withholding is required by any Applicable Laws
and to collect all necessary Tax forms from TribalRides. To the extent that amounts are so withheld, such withheld amounts shall
be treated for all purposes of this Agreement and any Transaction Document as having been delivered and paid to TribalRides.

 

ARTICLE 4

DUE
DILIGENCE

 

4.1          Acknowledgements
of XNDA.       XNDA acknowledges that:

 

a)       it
has performed a due diligence investigation into the Purchased Assets, with the assistance of professional consultants;

 

b)
 the due diligence investigation has been performed to the satisfaction of XNDA as regards form, extent and depth;

 

c)
 none of the findings of the due diligence investigation or any information provided within the framework of that investigation
has caused XNDA to refrain from entering into this Agreement on the terms and conditions as stated herein;

 

 

 

    	 	10	 

     

    

 

d)
 it has had ample opportunity to investigate the information provided by TribalRides, and:

 

e)
 it has been granted access to buildings, accounts and documents related to the Purchased Assets;

 

f)
 it has been given an opportunity to ask questions to TribalRides on all issues which XNDA has deemed relevant in respect
of (the entering into) this Agreement and that, in XNDA’s opinion, these questions have been answered satisfactorily; and

 

g)
 it has been able to discuss all matters which it deems relevant in respect of the Transaction.

 

All information
provided by TribalRides to XNDA within the framework of the due diligence investigation, is accurate and no action was taken by
Seller to hide or alter any information related to the Purchased Assets or the due diligence investigation. All information provided
shall be considered disclosed. Consequently, without prejudice to any other provisions of this Agreement, (a) there will be no
Claim and (b) the Seller will not be liable for any matter causing a Claim, insofar as XNDA was or should have been aware of a
Claim on the Closing Date.

 

ARTICLE 5

REPRESENTATIONS
AND WARRANTIES OF TRIBALRIDES

 

TribalRides
represents and warrants to XNDA as follows and acknowledges that XNDA is relying upon the representations and warranties set forth
below in connection with its purchase of the Purchased Assets.

 

5.1           Incorporation
and Authority. TribalRides is a corporation, duly organized, validly existing and in good standing under the laws of the
State of Nevada. TribalRides has all requisite power and authority to own or lease and operate its properties and assets and to
carry on the provision of its services.

 

5.2           Power
and Capacity. 

 

(a)
       TribalRides has the corporate power, authority and capacity to execute and deliver this
Agreement and the Transaction Documents and to perform its obligations under this Agreement and the Transaction Documents.

 

(b)
       TribalRides Majority Shareholders have taken all necessary action to authorize the execution,
delivery and performance of this Agreement and each of the Transaction Documents to which it is a party.

 

(c)
       This Agreement has been duly authorized, executed and delivered by TribalRides and the
TribalRides Board of Directors and constitutes the valid and binding agreement of TribalRides and is enforceable against TribalRides
in accordance with its terms (except as the enforcement of such obligations may be limited by applicable bankruptcy, insolvency,
reorganization, liquidation, receivership, moratorium and other Applicable Laws relating to or affecting the enforcement of creditors'
rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity
or at law)).

 

5.3          Conflicts;
Consents.The execution and delivery by TribalRides of this Agreement and the Transaction Documents does not, and the consummation
of the transactions associated with this Agreement and the Transaction Documents will not:

 

(a)       violate
any provision of the Organizational Documents of TribalRides;

 

(b)       result
in the creation of any Encumbrance upon the Purchased Assets, nor will it conflict with or result in a breach of, require a Consent,
create an event of default (or event that, with the giving of notice or lapse of time or both, would constitute an event of default)
under, or give any Person the right to terminate, accelerate or modify any obligation or benefit under, any Assumed Contract or
by which the Purchased Assets are bound or affected;

 

(c)       result
in a violation of, or require the Consent, other action by, or registration, declaration or filing with or notice to, any Governmental
Authority under any Applicable Law or Order applicable to the Purchased Assets. There is no pending or, to TribalRides’ Knowledge,
threatened Proceeding against TribalRides or any TribalRides Shareholder before any Governmental Authority, to restrain or prevent
the consummation of the transactions contemplated under this Agreement and the Transaction Documents or that might affect the right
of XNDA to own and control the Purchased Assets; and

 

 

 

    	 	11	 

     

    

 

(d)       violate
the UCC lien filings on the assets of TribalRides; and

 

(e)       contravene
any Applicable Law.

 

5.4          Properties
and Assets.TribalRides is the owner of the Purchased Assets (other than Purchased Assets that are leased or licensed) with
good and marketable title thereto, free of all Encumbrances (including from Taxes, other than Taxes not yet due and payable). No
TribalRide Shareholder has any registered or beneficial interest in the Purchased Assets. Other than the UCC filings on the Purchased
Assets, filed in the state of Delaware, there are no agreements or restrictions which in any way limit or restrict the transfer
to XNDA of any of the Purchased Assets. Upon XNDA's payment of the Purchase Price, XNDA will own good, valid and marketable title
to the Purchased Assets, free and clear of any and all Encumbrances and good and valid title to the Purchased Assets, free and
clear of any and all Encumbrances, will pass to XNDA. XNDA shall not be liable in any way for any action taken with respect to
the UCC lien on the Purchased Assets, and it shall be the Sellers’ sole responsibility to discharge all UCC liens on the
Purchased Assets.

 

5.5          Compliance
with Laws.TribalRides is not now, and has never been in violation of any provision of any Applicable Law or order applicable
to TribalRides related to the Purchased Assets. TribalRides has not directly or indirectly made any payment of funds to any person,
or received or retained any funds from any person in violation of any Applicable Law related to the Purchased Assets. No event
has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation by TribalRides
of, or a failure on the part of TribalRides to comply with, any Applicable Law in connection with the Purchased Assets. TribalRides
has not received any notice or other communication (whether oral or written) from any Governmental Authority or any other Person
regarding any actual, alleged, possible or potential violation of, or failure to comply with, any Applicable Law in connection
with the Purchased Assets or any actual, alleged, possible or potential proceeding or obligation on the part of TribalRides to
undertake, or to bear all or any portion of the cost of, any remedial action of any nature in connection with the Purchased Assets.

 

5.6          Consents
and Approvals.No authorization, consent or approval of, or filing with or notice to, any Governmental Authority or other
Person is required by TribalRides in connection with the execution, delivery or performance of this Agreement and the Transaction
Documents or the completion of the transactions contemplated by this Agreement and the Transaction Documents. The transfer of the
Purchased Assets will not violate any terms of the UCC lien filings related to the Purchased Assets.

 

5.7          Licenses,
Permits, Orders and Authorizations.No licenses, approvals, consents, ratifications, waivers, notices, registrations, qualifications,
designations, filings, franchises, authorizations, security clearances and other permits of, to, from or with, any Governmental
Authority are required under Applicable Laws to permit TribalRides to own, operate, use and maintain the Purchased Assets in the
manner in which they are now operated and maintained.

 

5.9          No Undisclosed
Liabilities. TribalRides does not have any Liability related to the Purchased Assets (and there is no basis for any present
or future Proceeding giving rise to any Liability), TribalRides has no Indebtedness related to the Purchased Assets and has not
provided any Guarantee for any Indebtedness related to the Purchased Assets. It is understood by TribalRides and the Shareholders
that XNDA is not assuming any liabilities of TribalRides, and XNDA shall not be responsible or liable for the lien on the Purchased
Assets, which shall be discharged by Seller prior to Closing.

 

5.10        Tax
Matters. 

 

(a)
       TribalRides has timely filed all Tax Returns required TribalRides under all Applicable
Laws pertaining to Taxes and to which TribalRides is subject and all such Tax Returns are accurate and complete in all respects.

 

(b)
       TribalRides has have timely paid all Taxes in respect of the Purchased Assets and the
Purchased Assets which are capable of forming or resulting in an Encumbrance on the Purchased Assets or of becoming a Liability
or obligation of XNDA.

 

(c)
       Any and all Liabilities of TribalRides for Taxes attributable to taxable years ending
on or before the Closing Date, whether or not due as of the Closing Date, have been accrued as Liabilities on the TribalRides Financial
Statements and shall be the responsibility of TribalRides (and/or the TribalRide Management) and there are no Taxes outstanding
as of the Closing Date.

 

 

 

    	 	12	 

     

    

 

(d)
       No examination or audit of any Tax Return of TribalRides is in progress. All deficiencies
proposed as a result of any examination or audit of any Tax Return filed by TribalRides has been paid or finally settled and no
issue has been raised in any such examination or audit that, by application of similar principles, reasonably can be expected to
result in the assertion of a deficiency for any other year not so examined or audited.

 

(e)
       There are no Proceedings pending against TribalRides in respect of any Taxes in respect
of the Purchased Assets, nor has any such event been asserted or threatened against TribalRides.

 

(f)
       There are no Encumbrances related to Taxes outstanding against any of the Purchased Assets
other than for Taxes not yet due and payable.

 

5.11         Litigation.
There is no Proceeding against or involving TribalRides (whether in progress or threatened) and no Proceeding has ever
been commenced against TribalRides related to any Purchased Asset. No event has occurred which might give rise to any Proceeding
and there is no Order of any Governmental Authority related to any Purchased Asset to which TribalRides is subject.

 

5.12         Corrupt
Practices.Neither TribalRides nor, to the Knowledge of TribalRides, any officer, director, employee, advisor or agent of
TribalRides, has made any payment, directly or indirectly, on behalf of or to the benefit of TribalRides, in violation of any Applicable
Laws prohibiting the payment of undisclosed commissions or bonuses or the making of bribe or incentive payments or other arrangements
of a similar nature with respect to the conduct of the Purchased Assets, including the Foreign Corrupt Practices Act (U.S.),
and TribalRides has instituted and maintains policies and procedures designed to ensure continued compliance with such Applicable
Laws.

 

5.13        reserved.

 

5.14        Contracts.Correct
and complete copies of all written Contracts related to the Purchased Assets are disclosed in the TribalRides Disclosure Schedule.
The Contracts disclosed in the TribalRides Disclosure Schedule represent all of the Assigned Contracts and each such Contract is
a legal and valid obligation of TribalRides and;

 

(a)
 each other Person party thereto, binding and enforceable against TribalRides and, each other Person party thereto, in
accordance with its terms;

 

(b)
 no such Contract has been terminated and neither TribalRides, nor, any other Person is in breach or default thereunder,
no event has occurred that with notice or lapse of time, or both, would constitute a breach or default, or permit termination,
modification in any manner adverse to TribalRides, or acceleration thereunder;

 

(c)
 no party has asserted or has (except by operation of law) any right to offset, discount or otherwise abate any amount owing
under any such Contract except as expressly set forth in such Contract;

 

(d)
 no party to any Assumed Contract intends to cancel, terminate or exercise any option under any Assumed Contract; and

 

(e)
 TribalRides has not made any prior assignment of any Assumed Contract or any of its rights or obligations thereunder.

 

5.15        No
Default. TribalRides is not in violation or breach of, or default under, and there exists no event, condition or occurrence
which, with notice or passage of time or both, would constitute a default under, or give rise to any termination rights under,
any provision of an Assumed Contract, license, concession, franchise, permit or grant with respect to the Purchased Assets.

 

5.16        Insurance.
TribalRides has not and has never held any insurance policies in respect of the Purchased Assets.

 

5.17        Employee
Plans; ERISA. TribalRides currently does not and never has established an Employee Plan of any kind. TribalRides does not
have any Liability with respect to any Person under Title IV of ERISA.

 

 

 

    	 	13	 

     

    

 

5.18       Intellectual
Property. 

 

(a)
 Except for Licensed Intellectual Property, all Intellectual Property used, in whole or in part by TribalRides in connection
with the Purchased Assets is Owned Intellectual Property.

 

(b)
 The TribalRides Disclosure Schedule lists all Owned Intellectual Property that consist of trade marks and trade mark
applications, trade names, certification marks, patents and patent applications, copyrights and industrial designs, the offices
(if any) in which the same is registered (being the only offices where such registration is necessary to preserve the right thereto);
and the applicable expiry dates of any registration.

 

(c)
 The TribalRides Disclosure Schedule lists all Licensed Intellectual Property.

 

(d)
 All Owned Intellectual Property is owned by TribalRides free and clear of Encumbrances, covenants, conditions, options
to purchase and restrictions or other adverse claims or interests of any kind or nature.

 

(e)
 To the extent that any Intellectual Property used by, or developed on behalf of, TribalRides for use in connection with
the Purchased Assets was created by an employee of, or independent contractor or consultant to, TribalRides, such Persons have
each irrevocably assigned to TribalRides in writing all rights to such Intellectual Property; TribalRides has not received any
notice or claim challenging ownership of or rights by TribalRides to such Intellectual Property or suggesting that such Person
has any claim of legal or beneficial ownership or other claim or interest with respect thereto nor, is there a reasonable basis
for such a claim.

 

(f)
 All current and former directors, officers, employees, consultants and independent contractors of TribalRides have entered
into enforceable confidentiality agreements with TribalRides in form adequate to protect the Owned Intellectual Property.

 

(g)
 All rights to the Owned Intellectual Property or Licensed Intellectual Property are valid and enforceable. TribalRides
has not received any notice or claim challenging or questioning the validity or enforceability of any Owned Intellectual Property
or Licensed Intellectual Property. There is no Proceeding which is ongoing or, alleged (including any opposition, re-examination
or protest) which might result in the Owned Intellectual Property being invalidated, revoked or the subject of a compulsory license.
To the Knowledge of TribalRides, there is no Proceeding which is ongoing or alleged (including any opposition, re- examination
or protest) which might result in the Licensed Intellectual Property being invalidated or revoked or the subject of a compulsory
license.

 

(h)
 In the case of Licensed Intellectual Property, TribalRides has entered into valid and enforceable written agreements
(the "License Agreements") pursuant to which TribalRides has been granted all licenses to develop manufacture,
import, export, use, reproduce, sub-license, sell, offer for sale, or otherwise exploit the Licensed Intellectual Property to the
extent required to operate all aspects of the Purchased Assets. All License Agreements are in full force and effect and neither
TribalRides nor any licensor is in default of its obligations thereunder. Correct and complete copies of all License Agreements
have been made available to XNDA.

 

(i)
 All fees payable in respect of the maintenance of Owned Intellectual Property have been paid and all registrations and
applications for registration of any Owned Intellectual Property are in good standing; TribalRides has prosecuted, and is prosecuting,
such applications diligently. All fees payable in respect of the maintenance of the Licensed Intellectual Property have been paid
and all registrations and applications for registration of any Licensed Intellectual Property are in good standing and, to the
Knowledge of TribalRides, the licensors of the Licensed Intellectual Property have prosecuted, and are prosecuting, such applications
diligently.

 

(j)
 To the Knowledge of TribalRides, there has been no infringement of any other Person's rights to Intellectual Property
and no facts exist which would reasonably lead to such infringement.. TribalRides is not or has not been a party to Proceeding
nor, to the Knowledge of TribalRides has any Proceeding been threatened, that alleges that the conduct of the Purchased Assets
infringes any other Person's rights to the Owned Intellectual Property or the Licensed Intellectual Property. To the Knowledge
of TribalRides, no Person has infringed or is infringing the right of TribalRides in or to any Owned Intellectual Property or Licensed
Intellectual Property.

 

(k)
 TribalRides is not a party to any agreement involving the grant by TribalRides to any Person of any right to the Owned
Intellectual Property.

 

 

 

    	 	14	 

     

    

 

5.24        Computer
Systems. Schedule 5.24 to the TribalRides Disclosure Schedule sets out an accurate and complete list of all:

 

(a)
 machinery, equipment, parts and accessories that is or includes computer or communications hardware owned or operated
by or on behalf of TribalRides in connection with the Purchased Assets (the "Computer Systems Hardware");

 

(b)
 Intellectual Property that is computer software (including, where applicable, documentation, source code and back-ups)
owned or used by or on behalf of TribalRides in connection with the Purchased Assets, whether stored on or off-site (the "Computer
Systems Software");

 

(c)
 machinery and equipment which incorporates or relies upon Computer Systems Hardware or Computer Systems Software (the
"Computer Dependent Equipment");

 

(d)
 permits, licences, approvals, consents, authorizations, registrations, certificates and franchises (including applicable
expiry dates) relating to Computer Systems Hardware, Computer Systems Software and Computer Dependent Equipment; and

 

(e)
       Contracts relating to Computer Systems Hardware, Computer Systems Software and Computer
Dependent Equipment, including, all relevant maintenance, extended warranty, software escrow, network service, service bureau,
outsourcing and on-line service agreements and arrangements (the "Computer Systems Contracts").

 

(f)
       the original media for any Computer Systems Software purchased by TribalRides, together
with proofs of purchase, are available to facilitate upgrades. All Computer Systems Hardware and Computer Dependent Equipment has
been installed and operated at all times in accordance with applicable manufacturers' or suppliers' maintenance or warranty requirements.

 

5.25        Assets
in Good Condition.All the physical Assets comprising the Purchased Assets are in good operating condition and in a state
of good maintenance and repair having regard to the use to which the Assets are put and the age thereof. There are no facts or
conditions affecting the Purchased Assets which could interfere in any respect with the use, occupancy or operation of the Purchased
Assets as currently used, occupied or operated.

 

5.26       
Inventory; Product Warranties and Claims. 

 

(a)
       TribalRides has no inventory, finished goods, work in process or raw materials.

 

(b)
       TribalRides has not given any written or oral product warranty, express or implied, and
no product warranty or product liability claim (or claim in the nature thereof) against TribalRides in respect of the products
manufactured or sold in respect of the Purchased Assets has been made or, threatened, since TribalRides’ incorporation, nor
do facts or circumstances exist that could reasonably be expected to result in any such claim. TribalRides has not made a product
warranty or liability claim (or claim in the nature thereof) against any supplier thereto in respect of the products manufactured
or sold in respect of the Purchased Assets since TribalRides' incorporation.

 

5.27        Environmental
Matters. 

 

(a)
       TribalRides has not emitted, discharged, deposited or released or caused or permitted
to be emitted, discharged, deposited or released, any Hazardous Materials on, from, under or to any premises or area owned, leased
or utilized by TribalRides, or in connection with the operation of the Purchased Assets, except in compliance with Applicable Laws;

 

(b)
       There has been no exposure of any Person or property to Hazardous Materials generated
by or in connection with the operation of the Purchased Assets by TribalRides that could reasonably be expected to form the basis
for a claim for injuries, damages or compensation; and

 

 

 

    	 	15	 

     

    

 

(c)
TribalRides has not permitted any premises or area owned, leased or utilized by TribalRides to be used for the disposal of any
Hazardous Material.

 

5.28       Privacy
Laws.TribalRides is in material compliance with all Applicable Laws in respect of: (a) the collection, use and storage
by TribalRides of Personal Information in the course of the Purchased Assets; and (b) the disclosure or transfer to third parties
by TribalRides of Personal Information in the course of the Purchased Assets.

 

5.29       Books
of Account. The books and records of TribalRides maintained in respect of the Purchased Assets accurately record all financial
transactions in respect of the Purchased Assets.

 

5.30       Brokers'
Fees. No broker, finder, investment banker or other Person is entitled to any brokerage fee, finders' fee or other commission
or payment in connection with the transactions contemplated by this Agreement based on arrangements made by TribalRides.

 

5.31       Bulk
Sales Act. TribalRides shall, prior to closing, provide XNDA with an affidavit outlining all of TribalRides’ secured
and unsecured creditors, and shall take all actions, including filing such affidavit with such government department or court as
is necessary to perfect such affidavit. TribalRides understand and agree that XNDA shall not be liable to any creditors of TribalRides,
and shall not be held responsible or liable for any action by any TribalRides creditors who obtain a declaration that the sale
of the Purchased Assets was invalid, or for any TribalRides creditors who attempt, or actually take possession of any of the Purchased
Assets.

 

5.32       Material
Facts Disclosed. Neither this Agreement, the Transaction Documents, nor any Schedule or Exhibit attached hereto furnished
to XNDA by TribalRides contains any untrue statement of a material fact or omits to state a material fact necessary in order to
make the statements contained therein or herein, in light of the circumstances under which they were made, not misleading.

 

 

 

ARTICLE 6 

REPRESENTATIONS
AND WARRANTIES OF XNDA

 

XNDA represents
and warrants to TribalRides and the Shareholders as follows and acknowledges that TribalRides and the Shareholders are relying
upon the representations and warranties set forth below in connection with the sale of the Purchased Assets.

 

6.1 Incorporation
and Authority. XNDA is a corporation, duly organized, validly existing and in good standing under the laws of the State
of Colorado. XNDA has all requisite power and authority to own or lease and operate its properties and Assets and to carry on the
provision of their services.

 

6.2        Power
and Capacity. 

 

(a)       XNDA
has the corporate power, authority and capacity to execute and deliver this Agreement and the Transaction Documents and to perform
its obligations under this Agreement and the Transaction Documents.

 

(b)       XNDA
has taken all necessary action to authorize the execution, delivery and performance of this Agreement and each of the Transaction
Documents to which it is a party.

 

(c)
       This Agreement has been duly authorized, executed and delivered by XNDA and constitutes
the valid and binding agreement of XNDA and is enforceable against XNDA in accordance with its terms (except as the enforcement
of such obligations may be limited by applicable bankruptcy, insolvency, reorganization, liquidation, receivership, moratorium
and other Applicable Laws relating to or affecting the enforcement of creditors' rights generally and by general principles of
equity (regardless of whether such enforcement is considered in a proceeding in equity or at law).

 

 

 

    	 	16	 

     

    

 

6.3          Conflicts;
Consents.The execution and delivery by XNDA of this Agreement and the Transaction Documents does not, and the consummation
of the transactions associated with this Agreement and the Transaction Documents does not and will not:

 

(a)
       violate any provision of the Organizational Documents of XNDA;

 

(b)
       result in the creation of any Encumbrance upon the provision of any of XNDA's services,
nor will it conflict with or result in a breach of, require a Consent, create an event of default (or event that, with the giving
of notice or lapse of time or both, would constitute an event of default) under, or give any Person the right to terminate, accelerate
or modify any obligation or benefit under, any Contract to which XNDA is a party;

 

(c)
       result in a violation of, or require the Consent, other action by, or registration, declaration
or filing with or notice to, any Governmental Authority under any Applicable Law or order applicable to XNDA and the provision
of any of XNDA's services; and

 

(d)
       contravene any Applicable Law.

 

6.4          Solvency.
XNDA is not now insolvent and will not be rendered insolvent by any of the transactions contemplated under this Agreement
and the Transaction Documents. As used in this section, "insolvent" means that the sum of the Liabilities of XNDA,
as applicable, exceeds the present fair saleable value of XNDA's. Immediately after giving effect to the consummation of the transactions
contemplated under this Agreement and the Transaction Documents: (a) XNDA will be able to pay its Liabilities as they become due
in the usual course of its business; (b) XNDA will not have unreasonably small capital with which to conduct its present or proposed
business; and (c) XNDA will have Assets (calculated at fair market value) that exceed its Liabilities.

 

6.5          Authorized
Capital.The authorized capital of the XNDA consists of 50,000,000 shares of common stock, of which 5,857,500 are
issued and outstanding, and no shares of Series A Preferred Stock.

 

6.6           Valid
Issuance of Securities. The XNDA Stock comprising the Purchase Price that are being issued to TribalRides and ASKCO hereunder
when issued and delivered in accordance with the terms hereof for consideration in accordance with the terms hereof will be duly
and validly issued, fully paid and non-assessable and free of restrictions on transfer other than restrictions on transfer in the
Organizational Documents, and applicable securities laws and regulations.

 

6.7           Tax
Matters. XNDA has timely filed all Tax Returns required under all Applicable Laws pertaining to Taxes and to which XNDA
is subject. XNDA has timely paid all Taxes required by Applicable Laws to be paid, whether or not shown on any Tax Return. All
such Tax Returns are accurate and complete. No examination or audit of any Tax Return of XNDA is in progress.

 

6.8           Undisclosed
Liabilities. XNDA nor any of its subsidiaries has any Liability (and there is no basis for any present or future Proceeding
against any of them giving rise to any Liability), except for (a) Liabilities set forth on the face of the most recent balance
sheet (rather than in any notes thereto) and (b) Liabilities that have arisen after the most recent fiscal month end in the ordinary
course of business (none of which results from, arises out of, relates to, is in the nature of, or was caused by any breach of
contract, breach of warranty, tort, infringement, or violation of law).

 

ARTICLE 7

[RESERVED]

 

 

ARTICLE 8 

CLOSING DELIVERIES
AND CONDITIONS 

 

8.1           Closing
Deliveries from TribalRides to XNDA. On or prior to the Closing Time, TribalRides will duly execute, if applicable, and
deliver to XNDA:

 

(a)
 Consents and Orders. Evidence that TribalRides has, at TribalRides' expense and without cost or other adverse consequence
to XNDA, sent all notices, made all filings and obtained all Consents and Orders required to be sent, made and obtained by TribalRides
in connection with the execution and delivery of this Agreement, the Transaction Documents and the consummation of the transactions
contemplated hereunder; provided, that, it shall not be a condition to Closing that TribalRides obtain any Consents with respect
to any Assumed Contracts that qualify under Section 2.1(h).

 

 

 

    	 	17	 

     

    

 

(b)
 Delivery of Agreements. On or prior to the Closing Time, the following agreements shall have been delivered to XNDA, in form
and substance satisfactory to XNDA:

 

(i)
 a certificate of status for TribalRides issued as of the Closing Date by the applicable Governmental Authority;

 

(ii)
 copies of resolution of the TribalRides Management, as applicable, authorizing and approving the execution, delivery and
performance of this Agreement, the Transaction Documents and the consummation of the transactions contemplated hereunder;

 

(iii)
 the TribalRides Disclosure Schedule;

 

(iv)
 TribalRides IP Assignment Agreements duly executed by TribalRides;

 

(v)
 the Bill of Sale;

 

(vi)
 Assignment and Assumption Agreement;

 

(vii)
 An affidavit filed with the proper government department detailing the secured and unsecured creditors of TribalRides;

 

(viii)
 such other bills of sale, assignments, deeds, certificates of title, documents and other instruments of transfer and conveyance
as may be reasonably requested by XNDA, each in form and substance satisfactory to XNDA, dated the Closing Date and duly executed
by TribalRides;

 

(ix)
 any other assurances, agreement, documents and instruments as may be reasonably requested by XNDA to effect the transactions
contemplated by this Agreement and the Transaction Documents.

 

(c)
Discharge of Charges. TribalRides shall have delivered to XNDA evidence in form and substance satisfactory to XNDA, acting reasonably,
that all Governmental Charges affecting the Purchased Assets have been discharged in full, other than any Governmental Charges
which, pursuant to the terms of this Agreement, are not required to be discharged.

 

(d)
 Change of Name. TribalRides shall deliver an instrument in writing, in form and substance satisfactory to XNDA, acting reasonably,
whereby it agrees that within one year after the Closing Date it will take or cause to be taken all such action as may be necessary
to change the name of TribalRides to some other name which does not include "Coordinates Collection, Inc." or any similar
name

 

(e)
 Delivery of Books and Records. Within five (5) days after the Closing Date, TribalRides shall have delivered to XNDA all
books, records, lists of suppliers and customers and other documents, files and data relating to the Purchased Assets, all of which
shall become the property of XNDA.

 

8.2          Closing
Deliveries from XNDA. 

 

At the Closing,
XNDA will duly execute, if applicable, and deliver to TribalRides:

 

(a)
 copies of resolutions of XNDA's directors, managers, managing members or the shareholders, as the case may be, authorizing
and approving the execution, delivery and performance of this Agreement, the Transaction Documents and the consummation of the
transactions contemplated hereunder;

 

(b)
 the executed counterpart signature page of XNDA to the Assignment Assumption Agreement and Consulting Agreement;

 

(c)
any other assurances, agreement, documents and instruments as may be reasonably requested by XNDA to effect the transactions contemplated
by this Agreement and the Transaction Documents.

 

 

 

    	 	18	 

     

    

 

(d)
 a stock certificate or certificates evidencing the Purchase Price;

 

(e)
 copies of resolutions of XNDA's directors, managers, managing members or the shareholders, as the case may be, authorizing
and approving the execution, delivery and performance of this Agreement, the Transaction Documents and the consummation of the
transactions contemplated hereunder;

 

(cf
 any other assurances, agreement, documents and instruments as may be reasonably requested by TribalRides or the Shareholders
to effect the transactions contemplated by this Agreement and the Transaction Documents.

 

ARTICLE 9 

INDEMNIFICATION
AND BREACH OF WARRANTIES 

 

9.1          Breach
of Warranties and Indemnification by TribalRides. Subject to the limitations contained in this Agreement, TribalRides agrees
to indemnify and hold XNDA, its directors, officers, employees and representatives (each, an "XNDA Indemnified Party"
and collectively, the "XNDA Indemnified Parties") harmless from and after the Closing Time, against and in respect
of any Losses resulting from:

 

(a)
       any Loss of any XNDA Indemnified Party or the Purchased Assets as a result of any breach
of representation or warranty by TribalRides or any TribalRides Shareholder contained in this Agreement, the TribalRides Disclosure
Schedule or the Transaction Documents or in any certificate or document delivered pursuant to or contemplated by this Agreement
or any Transaction Document;

 

(b)
 any Loss of any XNDA Indemnified Party or the Purchased Assets as a result of any breach or any non-fulfilment of any
covenant or agreement on the part of TribalRides or any TribalRides Shareholder contained in this Agreement, the TribalRides Disclosure
Schedule or the Transaction Documents or in any certificate or document delivered pursuant to or contemplated by this Agreement
or any Transaction Document;

 

(c)
 any Loss of any XNDA Indemnified Party or the Purchased Assets relating to any matter in regards to the Purchased Assets
that occurred on or prior to the Closing Time that is not an Assumed Liability;

 

(d)
 any Loss of any XNDA Indemnified Party or the Purchased Assets arising, directly or indirectly, from a Retained Liability
paid by XNDA;

 

(e)
 any warranty, damage or similar claim made against any XNDA Indemnified Party for or arising from defects in any goods,
materials or workmanship, in each case provided by TribalRides on or prior to the Closing Time for which any XNDA Indemnified Party
is or is alleged to be liable; and

 

(f)
 any loss of XNDA related to any TribalRides creditor, which shall include, but not be limited to, any claim that the
sale of the Purchased Assets was invalid due to any Bulk Sales Act provision; and

 

(g)
 all claims, demands, costs and expenses, including reasonable legal expenses, in respect of the foregoing.

 

In the case of
a breach or breaches of any TribalRides Warranty or Warranties listed in this Agreement, and in order to provide an opportunity
for TribalRides to remedy a Breach, to limit the existence and/or the extent of the Damage, or to determine which steps must be
taken to limit the Damage, XNDA shall:

 

a)
 give notice of facts and/or circumstances that may give cause for filing a claim by virtue of this Agreement within a
period of one month after those facts and/or circumstances have been discovered;

 

b)
 provide TribalRides and its advisors with all relevant information relating to the potential Breach;

 

c)
 not accept or acknowledge any liability on account of any Claim which may give rise to a Claim against TribalRides without
its prior written consent;

 

 

 

    	 	19	 

     

    

 

d)
 enable TribalRides – if it so desires – to set up its own defense against any claims filed by third parties,
which claims are based on the Breach.

 

XNDA hereby declares
to be unaware of any Breach of TribalRides’ Warranties as at the date of this Agreement.

 

9.2          Indemnification
by XNDA.Subject to the limitations contained in this Agreement, XNDA agrees to indemnify and hold TribalRides and its directors,
officers, employees and representatives (each, a "Seller Indemnified Party" and collectively, the "Seller
Indemnified Parties") harmless from and after the Closing Time, against and in respect of any Losses resulting from:

 

(a)
 any Loss of any Seller Indemnified Party as a result of any breach of representation or warranty by XNDA contained in
this Agreement or the Transaction Documents or in any certificate or document delivered pursuant to or contemplated by this Agreement
or any Transaction Document;

 

(b)
 any Loss of any Seller Indemnified Party as a result of any breach or any non-fulfilment of any covenant or agreement
on the part of XNDA contained in this Agreement or the Transaction Documents or in any certificate or document delivered pursuant
to or contemplated by this Agreement or any Transaction Document;

 

(c)
 any Loss of any Seller Indemnified Party arising, directly or indirectly, from an Assumed Liability;

 

(d)
any Loss of any XNDA Indemnified Party or the Purchased Assets relating to any matter in regards to the Purchased Assets that occurred
after the Closing Time, provided, that such matter is not as a result of the actions of any Seller Indemnified Party prior to the
Closing Time; and

 

(e)
       all claims, demands, costs and expenses, including reasonable legal expenses, in respect
of the foregoing.

 

9.3          Notice
of Claim. If XNDA, XNDA or TribalRides wishes to make a Claim on their own behalf or on behalf of a XNDA Indemnified Party
or Seller Indemnified Party, as applicable, such party shall promptly give notice to the other of the Claim. Notice of any Claim
shall specify with reasonable particularity (to the extent that the information is available):

 

(a)
 the factual basis for the Claim, and any provisions of the Agreement, or of any Applicable Laws, relied upon; and

 

(b)
 the amount of the Claim or, if an amount is not then determinable, an approximate and reasonable estimate of the potential
amount of the Claim.

 

9.4        Procedure
for Indemnification by XNDA Indemnified Parties. 

 

(a)
       Direct Claims. Following receipt of notice of a Direct Claim, either the Sellers, the
Holders or XNDA, as applicable, (each an "Indemnifying Party") shall have 30 days to make such investigation of
the Direct Claim as the Indemnifying Party considers necessary or desirable, as applicable. For the purpose of such investigation,
either the applicable XNDA Indemnified Party or the applicable Seller Indemnified Party (each an "Indemnified Party")
shall make available to the Indemnifying Party and its representatives the information relied upon by Indemnified Party to substantiate
the Direct Claim. If Indemnified Party and the Indemnifying Party agree at or prior to the expiration of such 30-day period (or
any extension thereof agreed upon by the parties) as to the validity and amount of the Direct Claim, Indemnifying Party and Indemnified
Party shall execute a settlement agreement and Indemnifying Party shall immediately pay to Indemnified Party the full agreed upon
amount of the Direct Claim, and the terms of Section 8.1 shall apply in respect of such payment. If such parties do not agree within
such period (or any mutually agreed upon extension thereof), the Indemnifying Party and Indemnified Party agree that the dispute
shall be submitted to the dispute resolution procedures under Section 9.4.

 

(b)
       Third Party Claims.

 

(i)
 With respect to any Third Party Claim, the Indemnifying Party shall have the right, at its own expense, to participate
in or assume control of the negotiation, settlement or defense of the Third Party Claim and, in such event, the Indemnifying Party
shall reimburse the Indemnified Party for all of the Indemnified Party's out-of-pocket expenses as a result of such participation
or assumption. If the Indemnifying Party elects to assume such control, the Indemnified Party shall have the right to participate
in the negotiation, settlement or defense of such Third Party Claim at its own expense and shall have the right to disagree on
reasonable grounds with the selection and retention of legal counsel, in which case legal counsel satisfactory to both the Indemnifying
Party and the Indemnified Party shall be retained by the Indemnifying Party.

 

 

 

    	 	20	 

     

    

 

(ii)
 If the Indemnifying Party, having elected to assume control as contemplated in Section 9.4(b)(i), thereafter fails to
defend such Third Party Claim within a reasonable time, the Indemnified Party shall be entitled to assume such control and the
Indemnifying Party shall be bound by the results obtained by the Indemnified Party with respect to such Third Party Claim.

 

(iii)
 In the event that any Third Party Claim is of a nature such that the Indemnified Party is required by Applicable Laws
to make a payment to any Third Party with respect to such Third Party Claim before the completion of settlement negotiations or
related legal proceedings, the Indemnified Party may make such payment and the Indemnifying Party shall, forthwith after demand
by the Indemnified Party, reimburse the Indemnified Party for any such payment. If the amount of any liability under the Third
Party Claim in respect of which such a payment was made, as finally determined, is less than the amount which was paid by the Indemnifying
Party to the Indemnified Party, the Indemnified Party shall, forthwith after receipt of the difference from the Third Party, pay
such difference to the Indemnifying Party.

 

(iv)
 Except in the circumstances contemplated by Section 9.4(b)(ii), whether or not the Indemnifying Party assumes control
of the negotiation, settlement or defense of any Third Party Claim, the Indemnified Party shall not negotiate, settle, compromise
or pay any Third Party Claim except with the prior written consent of the Indemnifying Party (which consent shall not be unreasonably
delayed or withheld).

 

(v)
 The Indemnified Party shall not permit any right of appeal in respect of any Third Party Claim to terminate without giving
the Indemnifying Party notice thereof and an opportunity to contest such Third Party Claim.

 

(vi)
 The Parties shall cooperate fully with each other with respect to Third Party Claims, shall keep each other fully advised
with respect thereto (including supplying copies of all relevant documentation promptly as it becomes available) and shall each
designate a senior officer who will keep himself/herself informed about and be prepared to discuss the Third Party Claim with his
or her counterpart and with legal counsel at all reasonable times.

 

(vii)
 Notwithstanding anything to the contrary contained herein, the Indemnifying Party shall not settle any Third Party Claim
without the consent of the Indemnified Party unless the settlement includes a complete release of the Indemnified Party with respect
to the Third Party Claim and does not include any admission of guilt or fault on the part of the Indemnified Party.

 

9.5          Subrogation.
In the event that an Indemnifying Party shall be obligated to indemnify an Indemnified Party pursuant to the terms of this
Agreement, the Indemnifying Party shall, upon fulfillment of its obligations with respect to indemnification (including payment
in full of all amounts due pursuant to its indemnification obligations) be subrogated to all rights of the Indemnified Party with
respect to the claims to which such indemnification relates.

 

9.6          Limitations
on Indemnification. Notwithstanding anything to the contrary herein notwithstanding:

 

(a)
 Limitations on TribalRides' Liability for Indemnification. TribalRides shall be required to indemnify any XNDA Indemnified
Party for any Loss arising in respect of Claims for breaches or representations and warranties pursuant Section 8.1(a); provided,
that, the aggregate indemnification Liability to be paid by TribalRides under Section 9.1(a) shall be $1,000.00
(the "Seller Cap"). Notwithstanding the foregoing, the Seller Cap shall not apply to, or otherwise reduce
or limit a Claim for:

 

(i)
 for a breach of the representations and warranties contained in Sections 4.1 (Incorporation and Authority), 4.2 (Power
and Capacity), 4.3 (Conflicts; Consents), 4.6 (Properties and Assets), 4.8 (Consents and Approvals), 4.9 (Licenses, Permits, Orders
and Authorizations), 4.12 (Tax Matters), 4.13 (Litigation); 4.25 (Intellectual Property) and 4.30 (Environmental Matters);

 

(ii)
 for a breach of any of the TribalRides IP Assignment Agreements; or

 

(iii)
 any lawsuit or loss or action involving XNDA related to the lien on the Purchased Assets or any liabilities of TribalRides.

 

(iv)
 any Loss caused by fraud, gross negligence or willful misconduct of TribalRides or any TribalRides Shareholder.

 

 

 

    	 	21	 

     

    

 

(b)
 Limitations on XNDA's Liability for Indemnification. XNDA shall be required to indemnify any Seller Indemnified Party
for any Loss arising in respect of Claims for breaches of representations and warranties pursuant to Section 8.2(a).

 

9.7          Exclusive
Remedy. The rights of indemnity set forth in this Article 9 are the sole and exclusive remedy of each Party in respect
of any misrepresentation, breach of warranty or breach of covenant by the other Party hereunder. Accordingly, each Party waives,
from and after the Closing Time, any and all rights, remedies and claims that such Party may have against the other, whether at
law, under any statute or in equity (including but not limited to claims for breach of contract, breach of representation and warranty,
negligent misrepresentation and all claim for breach of duty), or otherwise, directly or indirectly, relating to the provisions
of this Agreement or the transactions contemplated by the Agreement or the Transaction Documents other than as expressly provided
for in this Article 9 and other than those arising from fraud, gross negligence or willful misconduct. The Parties agree that if
a Claim is made by one Party in accordance with Section 9.1 or 9.2, as the case may be, and there has been a refusal by the other
Party to make payment or otherwise provide satisfaction in respect of such Claim, then a Proceeding in accordance with Section
9.4 is an appropriate means to seek a remedy for such refusal. This Article shall remain in full force and effect in all circumstances
and shall not be terminated by a breach (fundamental, negligent or otherwise) by any part of its representations, warranties or
covenants hereunder or under any documents delivered pursuant hereto or by any termination or rescission of this Agreement by any
Party. Notwithstanding the foregoing, in the event of a breach of Article 10 or a breach by TribalRides of any TribalRides IP Assignment
Agreement to which it is a party, the aggrieved party shall be entitled to seek immediate injunctive relief and for avoidance of
doubt, the Seller Cap shall not apply in the event of a breach of Article 10 or any TribalRides IP Assignment Agreement to which
it is a party.

 

9.8          Survival
of Representations, Warranties and Covenants. To the extent that they have not been fully performed at or prior to the
Closing Time, the representations and warranties, covenants and agreements contained in this Agreement and in all certificates
and documents delivered pursuant to or contemplated by this Agreement shall terminate at the expiration of 18 months following
the Closing, except the representations and warranties contained in:

 

(a)
 Sections 5.1 (Incorporation and Authority), 5.2 (Power and Capacity), 5.3 (Conflicts; Consents), 5.6 (Properties and Assets),
5.7 (Compliance with Laws), 5.8 Consents and Approvals), 5.9 (Licenses, Permits, Orders and Authorizations), 5.13 (Litigation);
5.25 (Intellectual Property) and 5.30 (Environmental Matters);

 

(b)
 Sections 6.1 (Incorporation and Authority), 6.2 (Power and Capacity) and 6.3 (Conflicts; Consents);

 

(c)
 Sections 7.1 (Incorporation and Authority), 7.2 (Power and Capacity), 7.3 (Conflicts; Consents);

 

(d)
 Section 5.12 (Tax Matters) in respect of any Taxes arising in or in respect of a period shall terminate on the date which
is the day after the relevant Governmental Authority is no longer entitled to assess or reassess liability for Taxes (other than
interest on any Tax owing) against TribalRides, as the case may be, for that period, having regard, without limitation, to any
waivers given by TribalRides in respect of such period, except to the extent that any misrepresentation has been made or any fraud
has been committed by TribalRides in filing a Tax Return or in supplying information for the purposes of any Applicable Law imposing
Tax on TribalRides; and

 

(e)
Section 7.6 (Tax Matters) in respect of any Taxes arising in or in respect of a period shall terminate on the date which is the
day after the relevant Governmental Authority is no longer entitled to assess or reassess liability for Taxes (other than interest
on any Tax owing) against the Shareholders, as the case may be, for that period, having regard, without limitation, to any waivers
given by the Shareholders in respect of such period, except to the extent that any misrepresentation has been made or any fraud
has been committed by the Shareholders in filing a Tax Return or in supplying information for the purposes of any Applicable Law
imposing Tax on the Shareholders.

 

The period of
time a representation, warranty, covenant or agreement survives the Closing pursuant to this Section 9.8 shall be the "Survival
Period" with respect to such representation, warranty, claim or agreement. So long as a XNDA Indemnified Party or a Seller
Indemnified Party, as applicable, gives notice of a Claim on or before the expiration of the applicable Survival Period, a XNDA
Indemnified Party shall be entitled to pursue its rights to indemnification under Section 9.1 of the Agreement and a Seller Indemnified
Party shall be entitled to pursue its rights to indemnification under Section 9.2 and 9.3 of the Agreement. In the event notice
of any Claim under Sections 9.1, 9.2 and 9.3 the Agreement shall have been given within the applicable Survival Period and such
Claim has not been finally resolved by the expiration of such Survival Period, the representations, warranties, covenants or agreements
that are the subject of such Claim shall survive the end of the Survival Period of such representations, warranties, covenants
and agreements until such Claim is finally resolved, but such representations, warranties, covenants and agreements shall only
survive with respect to such asserted Claim. The waiver of any condition based on the accuracy of any representation or warranty,
or on the performance of or compliance with any covenant or obligation, will not adversely affect the right to indemnification,
payment of Losses or other remedy based on such representations, warranties, covenants or obligations.

 

 

 

    	 	22	 

     

    

 

ARTICLE 10

CONFIDENTIALITY

 

10.1        Confidentiality.The
Parties shall treat the terms of this Agreement and all information provided under or in connection with this Agreement (collectively,
"Confidential Information") as confidential and may not either disclose Confidential Information or use it other
than for bona fide purposes connected with this Agreement, the Purchased Assets or any other agreements or instruments in any way
related to this Agreement without the prior written consent of the other Parties, provided, that, XNDA shall make all necessary
regulatory filings with the Securities and Exchange Commission, including, but not limited to a Form 8-K, and consent is also not
required for disclosure to:

 

(a)
 an affiliate of a Party to this Agreement, directors, officers, shareholders or employees of a Party or an affiliate
to a Party, as long as they in turn are required to treat the Confidential Information as confidential on terms substantially the
same as those set out in this Section 10.1;

 

(b)
 accountants, professional advisers and bankers and other lenders, whether current or prospective, as long as they are
subject to statutory professional secrecy rules or similar legal concepts under Applicable Laws or, in turn, are required to treat
the Confidential Information as confidential on terms substantially the same as those set out in this Section 10.1;

 

(c)
       any government, agency or regulatory authority having jurisdiction over a Party, to the
extent legally required, and then only after, to the extent permitted by law, informing the other Parties thereof and, to the extent
possible, with sufficient notice in advance to permit the other Parties to seek a protective order or other remedy;

 

(d)
 any Person to the extent required by any Applicable Laws, judicial process or the rules and regulations of any recognized
stock exchange and then only subject to prior consultation with the other Parties;

 

(e)
 in the case of XNDA, any intended assignee of the rights and interests of a Party or to a Person intending to acquire an
interest in a party to this Agreement (or acquiring XNDA or an affiliate of XNDA) as long as the intended assignee or acquirer
in turn is required by that Party to treat the Confidential Information as confidential in favor of the other parties on terms
substantially restrictive as those set out in this Section 10.1; or

 

(f)
 the extent that the Confidential Information is in or lawfully comes into the public domain other than by breach of this
Section 10.1.

 

ARTICLE 11

MISCELLANEOUS

 

11.1        Expenses.
Each Party shall pay its own expenses in connection with the negotiation, preparation and performance of this Agreement
and the consummation of the transactions, including all fees and expenses of investment bankers, financial advisors, legal counsel,
and independent accountants.

 

11.2         Notices.
Any notice, consent, waiver, direction or other communication required or permitted to be given under this Agreement by
a Party shall be in writing and may be given by sending same by facsimile, email or by delivery by hand addressed to the Party
to which the notice is to be given at the applicable address noted below. Any such notice, consent, waiver, direction or other
communication, if sent by facsimile or email, shall be deemed to have been given and received at the time of receipt (if a Business
Day or, if not, the next succeeding Business Day) unless actually received after 4:00 p.m. (local time) at the point of delivery
in which case it shall be deemed to have been received on the next succeeding Business Day; or, if delivered by hand, shall be
deemed to have been received on the day on which it is delivered (if a Business Day, if not, the next succeeding Business Day).
Notice of change of address shall also be governed by this Section 10.2. In the event of general discontinuance of postal service
due to strike, lock-out or otherwise, notices, consents, waivers, directions or other communications shall be given by facsimile
or email or by delivery by hand and shall be deemed to have been received in accordance with this Section 10.2.

 

 

 

    	 	23	 

     

    

 

The address for
each of the parties shall be as follows:

 

(a)
 If to XNDA, addressed to:

25108
Marguerite Pkwy, Ste A 450

Mission
Viejo, CA 92692

 

 

(b)
   If to TribalRides or the Shareholders, addressed to:

Tribal
Rides, Inc.

25108
Marguerite Pkwy, Ste A 450

Mission
Viejo, CA 92692

 

11.3        Press
Releases and Public Announcements. No Party shall issue or otherwise disseminate any press release or other public notice
related to this Agreement, the Transaction Documents or any of the transactions contemplated hereby without the prior written consent
of the other Parties. Notwithstanding the foregoing, XNDA or XNDA shall be permitted to issue any press release or other public
notice related to this Agreement, the Transaction Documents or any of the transactions contemplated hereby, without the consent
of any other Party if such release is required by a Governmental Authority, a recognized securities exchange on which its securities
are or may be listed or any Applicable Law.

 

11.4        Arbitration.

 

(a)
       All disputes, controversies or claims arising out of, relating to, or in respect of this
Agreement, including any issue regarding its existence, validity, enforceability, interpretation, breach or termination (each a
"Dispute") shall be resolved in accordance with the terms of this Agreement.

 

(b)
       Any Dispute that XNDA, the Shareholders or TribalRides are unable to amicably resolve
or settle between themselves through negotiations between senior executives of the relevant Party within fifteen (15) Business
Days (or such longer period as the applicable parties may agree to in writing) of a party being provided notice of such Dispute
or difference in accordance with Section 11.2 of this Agreement (the "Consultation Period") shall be referred
to and finally determined by final and binding arbitration. The arbitration shall be confidential and shall be settled in accordance
with the terms of this Agreement (the "Arbitrator").

 

(c)
       The arbitration shall be governed by the Rules of the American Arbitration Association
to the extent that such rules do not conflict with the terms of this Section 11.4.

 

(d)
 The arbitration shall be seated in the City of Los Angeles, California and the arbitration agreement set forth in this
Agreement shall be governed by and construed in accordance with the laws of California. The language of the arbitration shall be
English.

 

(e)
 Within thirty (30) days of the expiry of the Consultation Period, the disputing parties agree to jointly select the Arbitrator
who shall be trained in the laws of California. The Arbitrator shall be impartial and independent of the Parties and shall be experienced
and knowledgeable about the subject matter of the Dispute (generally and not as to the express facts concerning the Dispute). If
the disputing Parties are unable to agree upon the Arbitrator, any such disputing Parties may apply to elect an Arbitrator in accordance
with the provisions of the Rules of the American Arbitration Association.

 

(f)
 It is specifically acknowledged and agreed that any Dispute that cannot be resolved between the disputing Parties prior
the expiry of the Consultation Period shall be submitted to arbitration irrespective of the magnitude thereof or the amount in
question.

 

(g)
 The Arbitrator shall have jurisdiction: (i) to apply all applicable statutes, regulations, common law and equity; and
(ii) to make an award or awards in respect of interest and the payment of the costs of the arbitration (including arbitrators'
fees and the legal costs of the Parties). The Arbitrator also may, where requested by a Party, determine the nature and extent
of production of documents and oral depositions.

 

 

 

    	 	24	 

     

    

 

(h)
 The award of the Arbitrator shall be reduced to writing and be final and binding on the disputing Parties. Any monetary
award shall be made and payable, free of any taxes or other deduction, and shall bear interest from the date of any breach or other
violation of this Agreement to the date on which the award is paid, at a rate determined by the Arbitrator.

 

(i)
 Judgment upon the award(s) rendered by the Arbitrator may be entered and execution had in any court of competent jurisdiction,
or application may be made to such court for a judicial acceptance of the award and order of enforcement.

 

(j)
 The Party against whom judgment is rendered shall bear all legal fees of the disputing Parties and all other costs incurred
in connection with an arbitration proceeding, including the expenses of the Arbitrator.

 

(k)
 By agreeing to arbitration, the Parties do not intend to deprive any court of its jurisdiction to issue a pre-arbitral
injunction, pre-arbitral attachment or other order in aid of the arbitration proceedings and the enforcement of any award. Without
prejudice to such provisional remedies in aid of arbitration as may be available under the jurisdiction of a legal court, the Arbitrator
shall have full authority to grant provisional remedies, statutory remedies and to award damages for the failure of the disputing
parties to respect the Arbitrator's orders to that effect.

 

(l)
 Nothing in this Agreement shall restrict or prohibit a Party from commencing arbitration at any time, including prior
the expiry of a Consultation Period, in order to protect its rights under this Agreement or in relation to a dispute or disagreement.

 

(m)
       Except where reasonably prevented by the nature of the Dispute, XNDA, the Shareholders
and TribalRides shall continue to perform their respective duties, obligations and responsibilities under this Agreement and the
Transaction Documents while the Dispute is being resolved in accordance with this Section 10.4, unless and until such obligations
are lawfully terminated or expire in accordance with the provisions thereof.

 

(n)
       All dispute resolution and arbitration proceedings (including all related information,
communications, documents, materials, and evidence) shall be strictly confidential, and each party shall have a fiduciary obligation
to the other parties to protect, preserve and maintain the integrity of such confidentiality.

 

11.5        Assignments,
Successors and No Third-Party Rights. TribalRides shall not assign any of its rights or obligations under this Agreement
without the prior written consent of XNDA. XNDA may assign any of its rights, but not its obligations, under this Agreement without
the consent of TribalRides to an affiliate of XNDA or to a purchaser of all of the Assets or outstanding securities of XNDA. If
XNDA shall experience a change of control, or if it shall sell to a purchaser substantially all of its assets or greater than fifty-percent
(50%) of its equity, such purchaser shall consent to all terms in this Agreement, specifically the issuance of the shares representing
the Purchase Price. Subject to the preceding three sentences, this Agreement will apply to, be binding in all respects upon and
inure to the benefit of the successors and permitted assigns of the Parties. Except as expressly set forth in this Agreement, no
Person other than the Parties hereto has any legal or equitable right, remedy or claim under or with respect to this Agreement
or any provision of this Agreement.

 

11.6        Enurement.
This Agreement shall enure to the benefit of and be binding upon the Parties hereto and their respective successors and
permitted assigns.

 

11.7        Counterparts.
This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original and all of which
together will be deemed to be one and the same instrument, and will become voluntarily.

 

The
duly authorized representatives of each party executed this Purchase Agreement on the date set out in the preamble.

 

XINDA INTERNATIONAL
CORP. 

 

 

By: /s/Joe
Grimes                      

Name:
Joe Grimes

Title: CEO

 

 

 

TRIBALRIDE
COMPANY INC.

 

 

By: /s/ Joe
Grimes                    

Name: Joe Grimes

Title: CEO

 

 

 

THE SHAREHOLDERS

 

 

By: /s/ Joe
Grimes                    

Name:
Joe Grimes

 

 

 

 

 

    	 	25	 

     

    

 

EXHIBIT A PURCHASED
ASSETS

 

		1)	Patents

 

		a.	Approved

 

		b.	2 Applications

 

		c.	3 Negotiations for Existing Map Patents

 

		2)	University Contacts

 

		a.	University of Nevada Reno

 

		3)	5 year Business plans

 

		4)	Financial Forecasts

 

		5)	Phase 1 Development plans

 

		6)	Copyright

 

		a.	Gotopia (software name), Smart Deployment (Algorithms), Tribal Rides (Company)

 

		7)	URLS:

 

TribalRides.us,
Tribalrides.mobi, gotopia.io, gotopia.mobi, autopass.io, effective
when one or more counterparts have been signed by each of the parties. Delivery of an executed counterpart of a signature page
of this Agreement by .pdf attachment to a transmission by electronic mail or by facsimile transmission shall each be effective
as delivery of a manually executed original counterpart hereof. 

 

11.8 Independent
Legal Advice. Each of the Parties acknowledges that they: (a) have been advised by the other Parties to seek independent
legal advice; (b) have sought such independent legal advice or deliberately decided not to do so; (c) understand their rights and
obligations

 

under this Agreement;
and (d) are executing this Agreement

 

		a.	autopia.io,

 

		8)	Small Business Innovative Research proposals – to be submitted to the National

 

		9)	Technical Team

 

		10)	Possible Take-over candidates

 

		11)	Taxi Company software

 

 

 

    	 	26

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