Document:

Exhibit
10.43

 

SUBLEASE

 

THIS
SUBLEASE (this “Sublease”) is made and entered into as of the 11th day of April 2017, by and between Buchanan
Partners, LLC, a State of Maryland limited liability company (the “Sublandlord”) and REALBIZ MEDIA GROUP,
a Delaware corporation (the “Subtenant”).

 

WITNESSETH:

 

WHEREAS,
Sublandlord is a tenant under a Lease Agreement (the “Original Lease”) dated April 2, 2007, as amended by that certain
First Amendment to Lease dated as of January 1, 2012 (the “First Amendment”), and by that certain Second Amendment
to Lease dated as of January 1, 2012 (the “Second Amendment”; the Original Lease, the First Amendment, and the Second
Amendment are hereinafter jointly referred to as the “Lease”) between TBC-WASHINGTONIAN, LLC (the “Landlord”)
and Sublandlord, pursuant to the terms of which Sublandlord, as tenant, is leasing from Landlord that certain space located at
9841 Washingtonian Boulevard, Gaithersburg, Maryland 20878 (the “Property”), known as Suite 300 and containing approximately
10,628 square feet of rentable office space (the “Premises”). A copy of the Lease is attached hereto as Exhibit A
and is made a part hereof; and

 

WHEREAS,
Subtenant desires to sublease from Sublandlord 2,798 rentable square feet of the Premises (the “Subleased Space”)
and further described in Exhibit B and made a part hereof. The Sublandlord shall ensure that the Subleased Space is separately
demised from the rest of the Premises prior to April 12, 2017 at the sole cost and expense of the Sublandlord; and

 

WHEREAS,
the parties and Landlord have executed and make a part hereof the Consent to Sublease dated effective as of April 12, 2017 and
attached hereto as Exhibit C and made a part hereof (the “Consent”); and

WHEREAS,
the parties desire to enter into this Sublease defining their respective rights, duties, and liabilities relating to the Subleased
Space;

 

NOW,
THEREFORE, in consideration of the recitals above, the mutual promises and covenants contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, Sublandlord and Subtenant hereby agree as follows:

 

1.
Term; Quiet Enjoyment.

 

a.
Sublandlord, for and in consideration of the payment of the rent and the performance of the covenants hereinafter mentioned, does
hereby demise, lease and assign unto Subtenant, the Subleased Space, commencing April 12, 2017 (the “Commencement Date”)
and ending Four (4) years and Nine (9) months after the Commencement Date (the “Term”), except that in no event shall
the Term hereunder extend beyond the term as set forth in the Lease. A Lease Year shall be the period of twelve consecutive months
beginning on April 1 of each year during the Term. Subtenant shall be permitted to occupy the Subleased Premises prior to the
Commencement Date, solely for moving furniture and equipment and not for the conduct of business. Subtenant shall have no obligation
to pay any Base Rent with respect to such period of early access prior to the Commencement Date but all other provisions of this
Lease shall apply during such period.

 

    	1

     

    

 

b.
Sublandlord covenants that Subtenant shall, and may peacefully have, hold and enjoy the Subleased Space against any person whomsoever
lawfully claiming the same or any part thereof by, through, or under Sublandlord, but not otherwise, provided, however, that Subtenant
pays the Base Rent (as hereinafter defined) and other sums herein recited to be paid by Subtenant and performs all of Subtenant’s
covenants and agreements herein contained. This Sublease shall be conditioned upon Sublandlord obtaining prior to April 12, 2017
a Landlord Consent in the form attached hereto as Exhibit “C” executed by Landlord. Subtenant shall have access to
the Subleased Space as of the Commencement Date and during the Term twenty-four (24) hours per day, seven (7) days per week, three
hundred sixty-five (365) days per year.

 

c.
On or before the Commencement Date, Subtenant shall be provided, at no charge, with fifteen (15) access cards to the Property
and Subleased Space along with fifteen (15) keys to the extent that the access cards do not open the doors to the Subleased Space.

 

2.
Rent.

 

a.
Base Rent. Subtenant shall pay Base Rent based on Thirty and 00/100 Dollars ($30.00) per square foot (the “Base Rent”),
which shall be Six Thousand Nine Hundred Ninety-Five and 00/100 Dollars ($6,995.00) per month for the first Lease Year. In addition,
Tenant shall pay during the Term, Tenant’s proportionate share of increases in Real Estate Taxes and Operating Expenses
above the Real Estate Taxes and Operating Expenses in effect for the Base Year. The Base Year for the Term is 2017. Subtenant
shall pay $4,061.61 with the execution of this Sublease as the Base Rent for the 18 remaining days in month of April, 2017, and
shall commence making monthly payments of Base Rent on May 1, 2017 and continuing on the first day of every month thereafter during
the Term. On the first anniversary of the Commencement Date, and on each anniversary thereafter, the Base Rent then in effect
shall be increased automatically by three percent (3%) above the Base Rent for the prior Lease Year. Landlord shall abate fifty
percent (50%) of Tenant’s Base Rent for the months of May, June, July, August and September, 2017. The following will be
the Base Rent Schedule for the entire Term of the Lease:

 

	 	April
    12, 2017 – April 31,2017 	 	$4,061.61
	 	May
    1, 2017 – September 30, 2017 	 	$3,497.50
    per month
	 	October
    1, 2017 – March 31, 2018	 	$6,995.00
    per month
	 	April
    1, 2018 – March 31, 2019	 	$7,204.85
    per month
	 	April
    1, 2019 – March 31, 2020	 	$7,421.00
    per month
	 	April
    1, 2020 – March 31, 2021	 	$7,643.63
    per month
	 	April
    1, 2021 – December 31, 2021	 	$7,872.93
    per month

 

    	2

     

    

 

b.
Rent. All amounts due hereunder from Subtenant, including but not limited to Base Rent and the proportionate share of increases
in Real Estate Taxes and Operating Expenses above the Base Year, shall be referred to herein as “Rent”. Subtenant
shall pay Rent to Sublandlord without any demand, setoff or deduction of any kind. In the event any installment of Rent is not
paid by the fifth (5th) day of each month, a late charge of five (5%) percent of the delinquent installment shall be due and payable.
All payments of Rent shall be paid by good and sufficient check or by other means (such as automatic debit or electronic transfer)
acceptable to Sublandlord if so requested by the Subtenant. Sublandlord’s acceptance of less than the correct amount of
Rent shall be considered a payment on account of the earliest Rent due. No endorsement or statement on a check or letter accompanying
a check or payment shall be considered an accord and satisfaction, and either party may accept such check or payment without such
acceptance being considered a waiver of any rights such party may have under this Sublease or applicable Law. Subtenant’s
covenant to pay Rent is independent of every other covenant in this Sublease with the exception of the Subtenant’s continued
quiet possession of the Subleased Space as set forth in Section 1b.

 

3.
Subordinate to Lease Terms. This Sublease is expressly made subject and subordinate to the terms and conditions of the
Lease. With regard to the Subleased Space, Subtenant agrees to assume all the non-monetary obligations of Sublandlord under the
Lease. Unless herein otherwise expressly provided in this Sublease, all such terms and conditions of the Lease are hereby incorporated
herein by reference as though fully set forth herein at length, except the Base Rent shall be as herein expressly provided and
shall be paid to Sublandlord instead of the Landlord as provided in the Lease. Subtenant agrees to comply with and abide by all
the terms, provisions, covenants and conditions of the Lease, and any violation of the same by Subtenant shall constitute a default
under the Sublease; provided, however, that in the event the Lease requires Landlord to give Sublandlord notice and time to cure
for any such default, Sublandlord shall provide such notice and time to cure to Subtenant, but in no event shall such notice and
cure period extend beyond the notice and cure period granted to Sublandlord under the Lease.

 

4.
Default. Upon default by Subtenant in the payment of Rent or in the performance of any of its obligations, after
any applicable written notice from the Sublandlord and opportunity by Subtenant to cure such default as provided in Section 3
above, Sublandlord shall have the same rights and remedies against Subtenant as are afforded the Landlord against Sublandlord
in the event of Sublandlord’s default under the terms of the Lease. Subtenant shall have the same rights and remedies against
Sublandlord with respect to the Subleased Space under this Sublease as are afforded the Sublandlord against the Landlord under
the Lease. If Landlord defaults in the performance of any of its material obligations under the Lease that are related directly
to the Subleased Space, Subtenant’s use or occupancy thereof, or other rights of Subtenant under this Sublease, then Sublandlord
shall, upon request and at the expense of Sublandlord, take commercially reasonable steps to cause Landlord to perform and provide
such material obligation provided in no event shall Sublandlord be obligated to commence any suit or legal proceeding against
Landlord. Anything to the contrary contained herein notwithstanding, in the event of any interruption in the access to or use
of the Subleased Space or in the facilities or services required to be furnished thereto, then, to the extent Sublandlord is entitled
to the same with respect to its obligation to pay Rent under the Lease, or any portion thereof, Subtenant is entitled to an equitable
diminution of Rent based upon the pro rata portion of the Subleased Space affected by such interruption.

 

    	3

     

    

 

5.
Assignment. Subtenant shall not assign, mortgage or encumber this Sublease or allow the same to be transferred by operation of
law or otherwise, nor sublet the Subleased Space without the prior written consent of Sublandlord, not to be unreasonably withheld,
delayed or conditioned, and without the prior written consent of Landlord, which may be withheld at Landlord’s sole discretion.
Upon receipt of Subtenant’s request to assign this Sublease, and if both (i) such request requires the consent of Landlord
and (ii) Sublandlord has approved Tenant’s request to assign this Sublease, then Sublandlord shall promptly submit such
request to Landlord for its approval in accordance with the provisions of the Lease, at no cost to Sublandlord. In no event shall
the term of any assignment or sublease exceed the term of the Lease.

 

6.
Condition of Subleased Space. Subtenant agrees to accept the Subleased Space and the facilities and utilities thereon “as
is” in the present condition. A list of all furniture that is to remain in the Premises is attached hereto as Exhibit D.
In consideration for the Base Rent and other promises contained in this Sublease, Subtenant may use the furniture set forth on
Exhibit D at no extra cost or expense to Subtenant. By its act of taking possession, Subtenant shall be deemed to have accepted
the Subleased Space and all facilities and utilities thereon, and to have acknowledged that the same are in the condition called
for by the terms of this Sublease. Subtenant shall not be permitted to make any alterations to the Subleased Space without the
prior approval of Sublandlord, provided, however, if such alterations do not affect the structural elements of the Building or
the mechanical, electrical, plumbing, and fire/life safety systems serving the Building or the Subleased Space and such alterations
do not cost more than $20,000, then Sublandlord shall not unreasonably withhold its consent thereto. Notwithstanding the foregoing,
if such alterations to the Subleased Space involve cosmetic improvements to the Subleased Space that do not impact the structural
elements of the Building, and do not exceed $7,500, then Sublandlord’s consent shall not be required, except that if such
cosmetic improvements involve painting, installing carpeting, the relocation or removal of modular furniture (any of the six units
belonging to Landlord that are located in the Subleased Space), or the removal of any furniture or equipment (such as cabinets
but not including pictures that belong to Tenant) that is attached to the wall, then Sublandlord’s prior consent, not to
be unreasonably withheld, delayed or conditioned, shall be required. In the event that Landlord’s consent is required for
any alterations by Subtenant, whether in accordance with this Sublease, the Lease, or the Consent, and Landlord fails to give
its consent thereto, it shall not be unreasonable for Sublandlord to withhold its consent thereto. Subtenant shall restore and
repair any damage caused by Subtenant or its employees, agents or contractors. Subtenant shall use the office space for general
office use. Parking is provided to Subtenant and its employees, vendors, contractors and invitees on a non-reserved basis in the
public structured parking garage adjacent to the Building pursuant to the covenants, conditions and restrictions established by
the community association of which the Building is a part, further subject to the terms of the Lease. Subtenant shall be fully
responsible and liable (Landlord and Sublandlord being indemnified) for the regulatory compliance and operation of the Subleased
Space. Landlord’s consent shall be required for any hazardous materials use, or hazardous by-product, as a result of Subtenant’s
activities in the Premises with the exception of standard office products to the extent that such products are stored and used
in compliance with all applicable laws. Personal property, business and trade fixtures, machinery and equipment, furniture and
movable partitions owned by Subtenant shall be and remain the property of Subtenant and may be removed by Subtenant at any time
during the Term, and in any event, shall be removed on or before the expiration of the Term hereof. Subtenant shall repair any
damage caused by such removal.

 

    	4

     

    

 

7.
Insurance. Subtenant shall at all times during the Term hereof keep in force at its own expense insurance as defined in
Section 14A of the Lease except that, in accordance with the terms of the Consent, the Subtenant shall be required to maintain
a $2 million umbrella liability policy in lieu of $4 million as provided for in Section 14A of the Lease.

 

8.
Deposit. Contemporaneously with the execution of this Sublease, Subtenant shall deliver the sum of Six Thousand Nine Hundred
Ninety-Five and 00/100 Dollars ($6,995.00) to Sublandlord as a Security Deposit (the “Security Deposit”) for the payment
and performance by Subtenant of all Subtenant’s obligations, covenants, conditions and agreements under this Sublease. Such
sum shall be in the form of wire transfer or business check. Upon the expiration or earlier termination of the Term hereof Sublandlord
shall, if Subtenant is not in default after the expiration of any applicable notice and cure period required hereunder, return
such Security Deposit to Subtenant, less such portion thereof as Sublandlord shall have appropriated to make good any default
by Subtenant with respect to Subtenant’s obligations within thirty (30) days of such expiration or termination. If Subtenant
makes any default during the Term of the Sublease after the expiration of any applicable notice and cure period required hereunder,
Sublandlord shall have the right, but not the obligation, to apply all or any portion of the Security Deposit to remedy such default,
in which event Subtenant shall deposit within ten (10) business days, with the Sublandlord, the amount necessary to restore the
Security Deposit to its original amount. The Security Deposit shall not be deemed liquidated damages, and Sublandlord’s
application of said Security Deposit to reduce its damages shall not preclude recovery from Subtenant of any additional damages
incurred by Sublandlord. Subtenant shall not be permitted to utilize the Security Deposit, or request for application of the Security
Deposit, to satisfy any of Subtenant’s obligations under this Sublease or the Lease.

 

9.
Landlord Notice. Sublandlord hereby agrees to take all necessary steps and to ensure that the Landlord is properly notified
and provides the necessary consent for the operation of the terms and conditions of this Sublease.

 

10.
Signage. Sublandlord and Subtenant shall cooperate with the Landlord and Landlord’s property manager to provide Subtenant,
at Sublandlord’s expense, with building standard suite entry signage and for Subtenant to be listed in all building lobby
directories. The parties anticipate that the Subleased Space will be designated as Suite 390.

 

11.
Applicable Laws. This Sublease shall be construed and interpreted in accordance with the laws of the jurisdiction in which
the Premises are situated. All obligations under this Sublease are performable in the county or other jurisdiction where the Subleased
Space is located, which shall be venue for all legal actions. If any term or provision of this Sublease shall be invalid or unenforceable,
then such term or provision shall be automatically reformed to the extent necessary to render such term or provision enforceable,
without the necessity of execution of any amendment or new document. The remainder of this Sublease shall not be affected, and
each remaining and reformed provision of this Sublease shall be valid and enforced to the fullest extent permitted by Law. The
headings and titles to the Sections of this Sublease are for convenience only and shall have no effect on the interpretation of
any part of this Sublease. The words “include”, “including” and similar words will not be construed restrictively
to limit or exclude other items not listed.

 

    	5

     

    

 

12.
Binding Effect. All of the covenants and agreements herein contained shall be binding upon and shall inure to the benefit
of the parties hereto and their permitted respective, successors and permitted assigns (and, in the event that the Subtenant is
an individual, his or her permitted heirs and representatives). All understandings, discussions, and agreements previously made
between the parties, written or oral, are superseded by this Sublease, and neither party is relying upon any warranty, statement
or representation not contained in this Sublease. This Sublease may be modified only by a written agreement signed by Sublandlord
and Subtenant. The exhibits and riders attached hereto are incorporated herein and made a part of this Sublease for all purposes.

 

13.
Broker. Each party represent that no real estate broker, salesman, or agent other than Avison Yong-Washington DC, LLC acting
on behalf of Sublandlord (“Sublandlord’s Broker”), was instrumental in procuring this Sublease. Sublandlord’s
Broker will receive a commission in accordance with a separate agreement paid by Sublandlord. Subtenant and Sublandlord shall
each indemnify the other against all costs, expenses, attorneys’ fees, liens and other liability for commissions or other
compensation claimed by any broker or agent claiming the same by, through or under the indemnifying party, other than the Sublandlord’s
Broker.

 

14.
Notices. It is expressly agreed that any notice required or desired to be sent shall be delivered to the following addresses
and shall be deemed given when sent by overnight mail by a nationally recognized courier service, or hand delivered:

 

	 	If
    to Sublandlord: 	 	If
    to Subtenant:
	 	 	 	 
	 	Buchanan
    Partners, LLC	 	RealBiz
    Media Group
	 	9841
    Washingtonian Blvd.	 	During
    the Term, the Subleased
	 	Suite
    300	 	Space
	 	Gaithersburg,
    MD 20878	 	 
	 	 	 	After
    the Term:
	 	 	 	2690
    Weston Road, Suite 200T
	 	 	 	Weston,
    FL 33331
	 	 	 	 
	 	With
    a copy to Mary Gayle Holden, Esq. 	 	With
    a copy to Kirk Halpin, Esq.
	 	109
    North Bailey Lane, Suite 201	 	6100
    Day Long Lane, Suite 100
	 	Purcellville,
    VA 20132	 	Clarksville,
    MD 21029

 

Additionally,
Subtenant acknowledges that the address to which all payments of Rent due the Sublandlord should be sent is to the Sublandlord
at the aforementioned Sublandlord address.

 

15.
Attorney’s Fees. If either party institutes a suit against the other for violation of or to enforce any covenant
or condition of this Sublease, or if either party intervenes in any suit in which the other is a party to enforce or protect its
interest or rights, the prevailing party shall be entitled to all of its costs and expenses, including reasonable attorneys’
fees.

 

    	6

     

    

 

16.
Releases. Sublandlord and Subtenant, respectively, hereby release each other from any and all liability or responsibility
to the other or anyone claiming through or under it by way of subrogation or otherwise for any loss or damage to property covered
by any insurance then in force to the extent that actual recovery is made under the policies thereof, even if such loss or damage
shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible, provided,
however, that this release shall be applicable and in force and effect only with respect to any loss or damage occurring during
such time as the policy or policies of insurance covering said loss shall contain a clause or endorsement to the effect that,
or shall otherwise provide that, this release shall not adversely affect or impair said insurance or prejudice the right of the
insured to recover thereunder.

 

17.
Representations and Warranties. As of the date hereof, Sublandlord hereby represents and warrants to Subtenant as follows:
(i) the copy of the Lease attached as Exhibit A is true, correct and complete; (ii) Sublandlord has not assigned, subleased or
otherwise transferred or encumbered its interest in and to the Lease or the Premises; (iii) the term of the Lease expires on December
31, 2021; (iv) Sublandlord has fully performed all of its obligations under the Lease, including, without limitation, payment
of all rent and all other sums and amounts due to Landlord from Sublandlord under the Lease as of the date hereof; (v) Sublandlord
has not received any written notice of any uncured default under the Lease and, to Sublandlord’s actual knowledge, Sublandlord
is not currently in default under any term or provision of the Lease, and no circumstances exist or event has occurred pursuant
to which Sublandlord may be deemed in default merely upon service of notice or the passage of time; (vi) to Sublandlord’s
actual knowledge, Landlord is not currently in default under any term or provision of the Lease, and no circumstances exist or
event has occurred pursuant to which Landlord may be deemed in default merely upon service of notice or the passage of time; (vii)
Sublandlord shall perform all obligations of Tenant under the Lease (other than those required to be performed by Subtenant hereunder)
and shall not (A) amend or modify any portions of the Lease that would materially and directly affect the Subleased Space or Subtenant’s
rights under the Sublease without Subtenant’s prior written consent, which consent shall not be unreasonably withheld, conditioned
or delayed, (B) terminate the Lease or surrender the Subleased Space, or (C) take any action or suffer any inaction that would
permit the Landlord to terminate the Lease; and (viii) Sublandlord is not the subject of any litigation now pending or, to the
best of Sublandlord’s knowledge, threatened in writing, which would materially impair the ability of Sublandlord to pay
and perform Sublandlord’s obligations under the Lease and this Sublease.

 

18.
Counterparts. This Sublease may be executed in counterparts and by each party to this Sublease on separate counterparts,
each of which when so executed and delivered will be deemed an original and all of which taken together will constitute but one
and the same instrument.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	7

     

    

 

IN
WITNESS WHEREOF, each of the parties has executed and delivered this Sublease, or has caused its duly authorized attorney-in-fact
to execute and deliver this Sublease, under seal, as of the day and year written below.

 

	 	sublandlord:
	 	 	 
	 	BUCHANAN
    PARTNERS L.L.C., 
	 	a
    Maryland limited liability company 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	Manager
	 	 	 
	 	SUBTENANT:
	 	 	 
	 	RealBiz
    Media Group
	 	a
    Delaware corporation
	 	 	 
	 	By:	 
	 	Name:
    	Anshu
    Bhatnagar
	 	Title:	 

 

 

    	8

     

    

 

EXHIBIT
A

Copy
of Lease

 

    	9

     

    

 

EXHIBIT
B

Plan
of Suite 390

 

    	10

     

    

 

EXHIBIT
C

Consent
To Sublease

 

This
CONSENT TO SUBLEASE (this “Consent”) is entered into by and among Landlord, Tenant and Subtenant with
reference to the following:

 

1.
General Terms. All capitalized terms used in this Consent shall have the same meanings as set forth in the Primary
Lease, unless otherwise provided below:

 

	 	a.	“Effective
    Date”:	April
    12, 2017
	 	 	 	 
	 	b.	“Landlord”:	TBC-WASHINGTONIAN,
    llc, a Maryland limited liability company
	 	 	 	 
	 	c.	“Tenant”:	BUCHANAN
    PARTNERS L.L.C., a Maryland limited liability company
	 	 	 	 
	 	d.	“Subtenant”:	RealBiz
    Media Group, a Delaware corporation
	 	 	 	 
	 	e.	“Primary
    Lease”:	Office
    Lease dated effective as of April 2, 2007, as amended by that certain First Amendment to Lease dated as of January 1,
    2012 and by that certain Second Amendment to Lease dated as of January 1, 2012, between Landlord and Tenant
	 	 	 	 
	 	f.	“Primary
    Premises”:	Approximately
    10,628 square feet on the third (3rd) floor of the Building
	 	 	 	 
	 	g.	“Building”:	The
    building commonly known as Lakefront at Washingtonian and located at 9841 Washingtonian Boulevard, Gaithersburg, Maryland
	 	 	 	 
	 	h.	“Sublease”:	Sublease
    dated as of April 12, 2017, between Tenant and Subtenant
	 	 	 	 
	 	i.	“Subleased
    Premises”:	Approximately
    2,798 square feet of Rentable Area on the third (3rd) floor, known as Suite 390, of the Building

 

    	11

     

    

 

	2.	Recitals.

 

	 	a.	Tenant
    is the tenant under the Primary Lease, under which Landlord leased to Tenant the Primary Premises located in the Building.
	 	 	 
	 	b.	Tenant
    desires to sublease the Subleased Premises to Subtenant.
	 	 	 
	 	c.	The
    Primary Lease requires Landlord’s consent to such sublease.

 

	3.	Landlord’s
    Consent, and Tenant and Subtenant Agreements.

 

	 	a.	Consent
    and Subtenant Acknowledgement. As of the Effective Date, and subject to the Landlord receiving any necessary consent or
    approval from its lender(s), Landlord consents to the sublease of the Subleased Premises from Tenant to Subtenant pursuant
    to the Sublease, a copy of which is attached to this Consent as Exhibit “A”,
    subject to the terms and conditions of this Consent. Subtenant acknowledges that it has examined and is familiar with all
    of the terms and provisions of the Primary Lease. In the event Landlord’s lender charges Landlord a fee to review or
    approve the Consent, Tenant agrees to reimburse Landlord for such fee.
	 	 	 
	 	b.	Subtenant
    Agreements. Subtenant agrees to use the Subleased Premises in a manner which will not cause default under the terms of
    the Primary Lease. Prior to Subtenant taking occupancy of the Subleased Premises, Subtenant shall deliver to Landlord a certificate
    of insurance or insurance policy with copies of the applicable endorsements, which reflect (i) Landlord being named in the
    policy or policies as additional insured, and (ii) insurance coverage as required by the Primary Lease except that Subtenant
    shall be required to maintain a $2 million umbrella liability policy in lieu of $4 million as provided for in Section 14A
    of the Lease. Subtenant agrees that to the extent Tenant agreed to indemnify, and
    waived any rights as against, any Landlord Parties in the Primary Lease, Subtenant hereby agrees to and adopts such indemnity
    obligations and waivers on its own behalf for the benefit of the Landlord Parties. If not defined in the Primary
    Lease, “Landlord Parties” shall mean Landlord, its trustees, affiliates, subsidiaries, members,
    principals, beneficiaries, partners, officers, directors, shareholders, employees, mortgagee(s) and agents (including the
    manager of the Building).
	 	 	 
	 	c.	Prohibition
    Against Further Transfers. Tenant, except as it may expressly be permitted under the Primary Lease, and Subtenant shall
    not, without Landlord’s prior written consent in each instance, (i) convey, assign or encumber the Primary Lease or
    the Sublease or any interest in either, directly or indirectly, voluntarily or by operation of law, except thru the merger
    or conversion of Tenant or Subtenant with or into another entity, (ii) sublet all or any portion of the Primary Premises or
    Subleased Premises except to subsidiary or affiliated entities of the Subtenant, (iii) permit the use or occupancy of any
    part of the Primary Premises or Subleased Premises by anyone other than Tenant or Subtenant or Subtenant’s subsidiary
    or affiliated entities, as applicable (any of the foregoing actions shall be a “Prohibited Transfer”),
    or (iv) amend the Sublease. Following any Prohibited Transfer, Tenant or Subtenant, as applicable (and any guarantors) shall
    remain fully liable under the Primary Lease or this Consent, as may be amended with consent of Tenant and Subtenant (or any
    guarantors), and Landlord may proceed directly under the Primary Lease or this Consent against Tenant or Subtenant (or any
    guarantors) without first proceeding against any other party.
	 	 	 
	 	d.	Simultaneously
    with execution and delivery of this Consent, Tenant shall pay Landlord all of its costs and expenses including legal fees
    in connection with Landlord’s approval of the Sublease, not to exceed $1,000.

 

    	12

     

    

 

4.
Sublease Subordination. The Sublease shall be subject and subordinate at all times to all of the covenants, agreements, terms,
provisions and conditions of the Primary Lease and of this Consent. Neither Tenant nor Subtenant shall do or permit anything to
be done in connection with the Sublease or Subtenant’s occupancy of the Subleased Premises that will violate the Primary
Lease or this Consent. As between Landlord and Subtenant, the Sublease shall automatically terminate upon termination of the Primary
Lease for any reason whatsoever, notwithstanding any other provision of the Sublease to the contrary.

 

5.
Alterations. Tenant and Subtenant agree that no non-cosmetic alterations, additions or physical changes will be made
in or to any part of the Subleased Premises, including the work described in Section 6 of the Sublease, without Landlord’s
prior written consent in each instance, except as may be permitted under the Primary Lease. In the event Landlord gives its written
consent (or such consent under the Primary Lease is not required) for alterations, Subtenant (i) shall not proceed with such alterations
until it has paid for and obtained an asbestos survey or any other type of inspection or survey required by state or federal law
from Landlord or contractor(s) approved in advance by Landlord, and (ii) shall promptly pay Landlord’s then-current construction
management/supervisory fee, which fee will not exceed 15% of the total cost of the alterations. If alterations performed by or
for Subtenant trigger additional required improvements or inspections (e.g., upgrades for ADA compliance), Subtenant shall pay
the cost of all such additional required improvements and inspections.

 

6.
No Release or Change In Status. Landlord’s consent shall not be deemed in any way or manner to be a waiver or
release of Tenant or any guarantor(s) of Tenant’s obligations under the Primary Lease from the responsibility and liability
for the payment of rent under the Primary Lease and for compliance with any and all obligations to be performed by Tenant as the
tenant under the Primary Lease. Without limiting the scope of the preceding sentence, it is specifically understood that Tenant
shall remain fully liable for the obligation to pay Landlord for any special services provided to Subtenant in the course of Subtenant’s
use and occupancy of the Subleased Premises, whether or not specifically provided for in the Primary Lease (including, without
limitation, after-hours heating and air conditioning of the Subleased Premises), and Tenant hereby covenants and agrees that unless
and until Landlord receives a written notice to the contrary from Tenant, Landlord may honor Subtenant’s request for any
such special services without the specific consent of Tenant. Tenant and Subtenant acknowledge that (a) Landlord may provide such
services at the direct request of Subtenant (including billing Subtenant for such services provided that the Landlord has notified
the Subtenant in advance of the cost of such additional services), (b) Landlord may establish records identifying Subtenant as
if Subtenant was a tenant of Landlord, (c) such actions are merely for the convenience of Landlord, Tenant, and Subtenant, and
(d) the parties shall maintain their respective capacities as Landlord, Tenant, and Subtenant, unless an express intent to the
contrary is expressed in a written agreement executed by all the affected parties. After an event of default by Tenant under the
Primary Lease, Landlord may, in addition to any other remedies under the Primary Lease or at law, collect directly from Subtenant
all rents due and owing from Subtenant and apply any such rent against sums due to Landlord by Tenant as tenant under the Primary
Lease. Further, Tenant authorizes and directs Subtenant to make such payments of rent directly to Landlord upon its receipt of
written notice of default from Landlord. The collection of any such rents shall not be deemed a waiver of any rights and remedies
of Landlord against Tenant as the tenant under the Primary Lease or constitute a novation or release of Tenant as tenant from
the further performance of its obligations under the Primary Lease. Tenant acknowledges that the receipt by Landlord from Subtenant
of any such rents shall be a full and complete release, discharge and acquittance of any claims by Tenant for rent against Subtenant
to the extent of any such amount of rent so paid to Landlord. In addition, Tenant agrees that it forfeits its rights to any excess
consideration to which it may otherwise be entitled during any period when Tenant is in default under the Primary Lease, and any
such excess consideration shall be payable to Landlord.

 

    	13

     

    

 

7.
Landlord’s Obligations. Notwithstanding anything to the contrary contained in the Sublease, neither the Sublease
nor this Consent shall (i) enlarge or increase Landlord’s obligations or liability, or (ii) reduce or decrease Landlord’s
rights, under the Primary Lease or otherwise. Landlord is not a party to the Sublease and, therefore, is not bound by the Sublease
or any of its terms. Landlord shall have no responsibility or obligation to Subtenant for the performance by Tenant of its obligations
under the Sublease. Similarly, Landlord shall have no responsibility or obligation to Subtenant for the performance of any obligations
Landlord may owe to Tenant under the Primary Lease.

 

8.
Excess Rents. In the event that the rental and other consideration payable to Tenant by Subtenant under the Sublease
exceed the rental payable under the Primary Lease with respect to the Subleased Premises, then Tenant shall be bound and obligated
to pay Landlord fifty percent (50%) of such excess rental within thirty (30) days of Tenant’s receipt of same from Subtenant
in accordance with Section 11.C. of the Primary Lease. Tenant’s failure to pay to Landlord such amounts when due
shall be an event of default under the Primary Lease.

 

9.
Tenant-Specific Rights. Subtenant acknowledges and agrees that Subtenant shall not have the right to exercise any renewal,
expansion, right of first refusal or other similar options or rights afforded to Tenant under the Primary Lease. In addition,
Tenant, as a result of subleasing all or any part of the Primary Premises, has terminated its right to exercise any such options
or rights. Subtenant shall have no signage rights in the Building other than the right to be listed in the Building directory.
Subtenant shall have no right to use any rooftop antenna space on, or riser space within, the Building.

 

10.
Brokerage. Landlord represents that it has not used the services of any real estate broker, salesman, or agent in relation
to the Sublease. Tenant and Subtenant represent that the only real estate broker, salesman, or agent used in relation to the Sublease
is Avison Yong-Washington DC, LLC acting on behalf of Tenant. Tenant and Subtenant each agree to indemnify, defend and hold Landlord
and its designated property management, construction and marketing firms harmless from and against any and all damage, loss, cost
or expense, including, without limitation, all attorneys’ fees and disbursements, incurred by reason of any claim of or
liability to any broker or other person for commissions with respect to the negotiation, execution and delivery of the Sublease.
The obligations of Tenant and Subtenant under this Paragraph shall survive the expiration or termination of the Sublease.

 

    	14

     

    

 

11.
Other Agreements. Other than the Sublease, the Primary Lease and this Consent, there are no other agreements or understandings,
whether written or oral, between Tenant and Subtenant with respect to Subtenant’s use and occupancy of the Subleased Premises
or any property of Tenant located in the Building. No compensation or consideration is payable or will become due and payable
to Tenant or any affiliate of Tenant in connection with the Sublease other than the rentals expressly set forth in the Sublease.
This Consent shall not be amended orally, but only by an agreement in writing signed by all parties to this Consent. It is the
parties’ intent that their relationship will be governed by written agreement. Therefore, no course of dealing will be deemed
to effect a change in any of the parties’ respective capacities as Landlord, Tenant and Subtenant, nor modify the agreement
contained in this Consent as it may be modified by subsequent written amendments, if any.

 

12.
Indemnities. Subtenant and Tenant
will indemnify and defend the Landlord Parties against, and hold the Landlord Parties harmless from Subtenant’s actions
and matters arising from Subtenant’s use of the Subleased Premises, Subtenant’s failure to observe or perform any
of the terms, covenants, or conditions of this Consent or the Lease.

 

13.
Binding Effect. This Consent shall be binding on and inure to the benefit of the parties to this Consent and their
successors and permitted assigns.

 

14.
Recording. Neither this Consent nor the Sublease may be recorded, without Landlord’s prior written consent.

 

15.
Conflicts. In the event of any conflicts among the provisions of the Primary Lease, the Sublease and this Consent,
the provisions of this Consent and the Primary Lease shall control; and in the event of any conflicts between the provisions of
the Primary Lease and this Consent, the provisions of this Consent shall control.

 

16.
Counterparts. This Consent may be executed in counterparts and by each party to this Consent on separate counterparts,
each of which when so executed and delivered will be deemed an original and all of which taken together will constitute but one
and the same instrument.

 

[SIGNATURES
TO FOLLOW]

 

    	15

     

    

 

ACCORDINGLY,
the parties have executed this Consent as of the Effective Date.

 

	 	LANDLORD:
	 	 	 
	 	TBC-WASHINGTONIAN,
    LLC,
	 	a
    Maryland limited liability company
	 	 	 
	 	By:	 
	 	Name:	Peter
    C. Hill-Byrne
	 	Title:	Authorized
    Representative
	 	 	 
	 	TENANT:
	 	BUCHANAN
    PARTNERS L.L.C.,
	 	a
    Maryland limited liability company
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:
    	Manager
	 	 	 
	 	SUBTENANT:
	 	 	 
	 	RealBiz
    Media Group
	 	a
    Delaware corporation 
	 	By:	 
	 	Name:	Anshu
    Bhatnagar
	 	Title:	 

 

    	16

     

    

 

EXHIBIT
D

 

Furniture

 

    	17

     

    

 

 

    	18THIS
NOTE AND THE COMMON STOCK ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE UNITED STATES
SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE “1933 ACT”)

 

US
$82,000.00

 

REALBIZ
MEDIA GROUP, INC.

8%
CONVERTIBLE REDEEMABLE NOTE

DUE JUNE 15, 2018

 

FOR
VALUE RECEIVED, RealBiz Media Group, Inc. (the “Company”) promises to pay to the order of GS CAPITAL PARTNERS, LLC
and its authorized successors and permitted assigns (“Holder”), the aggregate principal face amount of Eighty
Two Thousand Dollars exactly (U.S. $82,000.00) on June 15, 2018 (“Maturity Date”) and to pay interest on the
principal amount outstanding hereunder at the rate of 8% per annum commencing on June 15, 2017. The interest will be paid to the
Holder in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note.
The principal of, and interest on, this Note are payable at 110 Wall Street, Suite 5-070 New York, NY 10005, initially, and if
changed, last appearing on the records of the Company as designated in writing by the Holder hereof from time to time. The Company
will pay each interest payment and the outstanding principal due upon this Note before or on the Maturity Date, less any amounts
required by law to be deducted or withheld, to the Holder of this Note by check or wire transfer addressed to such Holder at the
last address appearing on the records of the Company. The forwarding of such check or wire transfer shall constitute a payment
of outstanding principal hereunder and shall satisfy and discharge the liability for principal on this Note to the extent of the
sum represented by such check or wire transfer. Interest shall be payable in Common Stock (as defined below) pursuant to paragraph
4(b) herein.

 

This
Note is subject to the following additional provisions:

 

1.
This Note is exchangeable for an equal aggregate principal amount of Notes of different authorized denominations, as requested
by the Holder surrendering the same. No service charge will be made for such registration or transfer or exchange, except that
Holder shall pay any tax or other governmental charges payable in connection therewith.

 

 

    	 	 	 

     

    

 

2.
The Company shall be entitled to withhold from all payments any amounts required to be withheld under applicable laws.

 

3.
This Note may be transferred or exchanged only in compliance with the Securities Act of 1933, as amended (“Act”)
and applicable state securities laws. Any attempted transfer to a non-qualifying party shall be treated by the Company as void.
Prior to due presentment for transfer of this Note, the Company and any agent of the Company may treat the person in whose name
this Note is duly registered on the Company’s records as the owner hereof for all other purposes, whether or not this Note
be overdue, and neither the Company nor any such agent shall be affected or bound by notice to the contrary. Any Holder of this
Note electing to exercise the right of conversion set forth in Section 4(a) hereof, in addition to the requirements set forth
in Section 4(a), and any prospective transferee of this Note, also is required to give the Company written confirmation that this
Note is being converted (“Notice of Conversion”) in the form annexed hereto as Exhibit A. The date of
receipt (including receipt by telecopy) of such Notice of Conversion shall be the Conversion Date.

 

4.
(a) The Holder of this Note is entitled, at its option, at any time after the 6 month anniversary of this Note, to convert all
or any amount of the principal face amount of this Note then outstanding into shares of the Company’s common stock (the
“Common Stock”) at a price (“Conversion Price”) for each share of Common Stock equal to
64% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTC Markets
exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future (“Exchange”),
for the twelve prior trading days including the day upon which a Notice of Conversion is received by the
Company or its transfer agent (provided such Notice of Conversion is delivered by fax or other electronic method of communication
to the Company or its transfer agent after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the
same day closing price). If the shares have not been delivered within 3 business days, the Notice of Conversion may be rescinded.
Such conversion shall be effectuated by the Company delivering the shares of Common Stock to the Holder within 3 business days
of receipt by the Company of the Notice of Conversion. Accrued but unpaid interest shall be subject to conversion. No fractional
shares or scrip representing fractions of shares will be issued on conversion, but the number of shares issuable shall be rounded
to the nearest whole share. To the extent the Conversion Price of the Company’s Common Stock closes below the par
value per share, the Company will take all steps necessary to solicit the consent of the stockholders to reduce the par value
to the lowest value possible under law. The Company agrees to honor all conversions submitted pending this increase. In the
event the Company experiences a DTC “Chill” on its shares, the conversion price shall be decreased to 54% instead
of 64% while that “Chill” is in effect. In no event shall the Holder be allowed to effect a conversion if such
conversion, along with all other shares of Company Common Stock beneficially owned by the Holder and its affiliates would exceed
9.9% of the outstanding shares of the Common Stock of the Company.

 

(b)
Interest on any unpaid principal balance of this Note shall be paid at the rate of 8% per annum. Interest shall be paid by the
Company in Common Stock (“Interest Shares”). Holder may, at any time, send in a Notice of Conversion to the Company
for Interest Shares based on the formula provided in Section 4(a) above. The dollar amount converted into Interest Shares shall
be all or a portion of the accrued interest calculated on the unpaid principal balance of this Note to the date of such notice.

 

 

    	2

     

    

 

(c)
The Notes may be prepaid with the following penalties:

 

	Time
    Period	 	Payment
    Premium
	<=60
    days after note issuance	 	115%
of the sum of principal plus accrued interest

	 	 	 
	>60
    days <= 120 days after note issuance	 	125%
of the sum of principal plus accrued interest

	 	 	 
	>120
    days <=180 days after note issuance	 	135%
of the sum of principal plus accrued interest

 

This
Note may not be prepaid after the 180th day. Such redemption must be closed and funded within 3 days of giving notice
of redemption of the right to redeem shall be null and void.

 

(d)
Upon (i) a transfer of all or substantially all of the assets of the Company to any person in a single transaction or series of
related transactions, (ii) a reclassification, capital reorganization or other change or exchange of outstanding shares of the
Common Stock, other than a forward or reverse stock split or stock dividend, or (iii) any consolidation or merger of the Company
with or into another person or entity in which the Company is not the surviving entity (other than a merger which is effected
solely to change the jurisdiction of incorporation of the Company and results in a reclassification, conversion or exchange of
outstanding shares of Common Stock solely into shares of Common Stock) (each of items (i), (ii) and (iii) being referred to as
a “Sale Event”), then, in each case, the Company shall, upon request of the Holder, redeem this Note in cash for 150%
of the principal amount, plus accrued but unpaid interest through the date of redemption, or at the election of the Holder, such
Holder may convert the unpaid principal amount of this Note (together with the amount of accrued but unpaid interest) into shares
of Common Stock immediately prior to such Sale Event at the Conversion Price.

 

(e)
In case of any Sale Event (not to include a sale of all or substantially all of the Company’s assets) in connection with
which this Note is not redeemed or converted, the Company shall cause effective provision to be made so that the Holder of this
Note shall have the right thereafter, by converting this Note, to purchase or convert this Note into the kind and number of shares
of stock or other securities or property (including cash) receivable upon such reclassification, capital reorganization or other
change, consolidation or merger by a holder of the number of shares of Common Stock that could have been purchased upon exercise
of the Note and at the same Conversion Price, as defined in this Note, immediately prior to such Sale Event. The foregoing provisions
shall similarly apply to successive Sale Events. If the consideration received by the holders of Common Stock is other than cash,
the value shall be as determined by the Board of Directors of the Company or successor person or entity acting in good faith.

 

5.
No provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the
principal of, and interest on, this Note at the time, place, and rate, and in the form, herein prescribed.

 

6.
The Company hereby expressly waives demand and presentment for payment, notice of non-payment, protest, notice of protest, notice
of dishonor, notice of acceleration or intent to accelerate, and diligence in taking any action to collect amounts called for
hereunder and shall be directly and primarily liable for the payment of all sums owing and to be owing hereto.

 

 

    	3

     

    

 

7.
The Company agrees to pay all costs and expenses, including reasonable attorneys’ fees and expenses, which may be incurred
by the Holder in collecting any amount due under this Note.

 

8.
If one or more of the following described “Events of Default” shall occur:

 

(a)
The Company shall default in the payment of principal or interest on this Note or any other note issued to the Holder by the Company;
or

 

(b)
Any of the representations or warranties made by the Company herein or in any certificate or financial or other written statements
heretofore or hereafter furnished by or on behalf of the Company in connection with the execution and delivery of this Note, or
the Securities Purchase Agreement under which this note was issued shall be false or misleading in any respect; or

 

(c)
The Company shall fail to perform or observe, in any respect, any covenant, term, provision, condition, agreement or obligation
of the Company under this Note or any other note issued to the Holder; or

 

(d)
The Company shall (1) become insolvent; (2) admit in writing its inability to pay its debts generally as they mature; (3) make
an assignment for the benefit of creditors or commence proceedings for its dissolution; (4) apply for or consent to the appointment
of a trustee, liquidator or receiver for its or for a substantial part of its property or business; (5) file a petition for bankruptcy
relief, consent to the filing of such petition or have filed against it an involuntary petition for bankruptcy relief, all under
federal or state laws as applicable; or

 

(e)
A trustee, liquidator or receiver shall be appointed for the Company or for a substantial part of its property or business without
its consent and shall not be discharged within sixty (60) days after such appointment; or

 

(f)
Any governmental agency or any court of competent jurisdiction at the instance of any governmental agency shall assume custody
or control of the whole or any substantial portion of the properties or assets of the Company; or

 

(g)
One or more money judgments, writs or warrants of attachment, or similar process, in excess of fifty thousand dollars ($50,000)
in the aggregate, shall be entered or filed against the Company or any of its properties or other assets and shall remain unpaid,
unvacated, unbonded or unstayed for a period of fifteen (15) days or in any event later than five (5) days prior to the date of
any proposed sale thereunder; or

 

(h)
The Company shall have defaulted on or breached any term of any other note of similar debt instrument into which the Company has
entered and failed to cure such default within the appropriate grace period; or

 

 

    	4

     

    

 

(i)
The Company shall have its Common Stock delisted from an exchange (including the OTC Market Exchange) or, if the Common Stock
trades on an exchange, then trading in the Common Stock shall be suspended for more than 10 consecutive days or ceases to file
its 1934 act reports with the SEC;

 

(j)
If a majority of the members of the Board of Directors of the Company on the date hereof are no longer serving as members of the
Board;

 

(k)
The Company shall not deliver to the Holder the Common Stock pursuant to paragraph 4 herein without restrictive legend within
3 business days of its receipt of a Notice of Conversion; or

 

(l)
The Company shall not replenish the reserve set forth in Section 12, within 3 business days of the request of the Holder.

 

(m)
The Company shall not be “current” in its filings with the Securities and Exchange Commission;

 

(n)
The Company shall lose the “bid” price for its stock in a market (including the OTC marketplace or other exchange);
or

 

Then,
or at any time thereafter, unless cured within 5 days, and in each and every such case, unless such Event of Default shall have
been waived in writing by the Holder (which waiver shall not be deemed to be a waiver of any subsequent default) at the option
of the Holder and in the Holder’s sole discretion, the Holder may consider this Note immediately due and payable, without
presentment, demand, protest or (further) notice of any kind (other than notice of acceleration), all of which are hereby expressly
waived, anything herein or in any note or other instruments contained to the contrary notwithstanding, and the Holder may immediately,
and without expiration of any period of grace, enforce any and all of the Holder’s rights and remedies provided herein or
any other rights or remedies afforded by law. Upon an Event of Default, interest shall accrue at a default interest rate of 24%
per annum or, if such rate is usurious or not permitted by current law, then at the highest rate of interest permitted by law.
In the event of a breach of Section 8(k) the penalty shall be $250 per day the shares are not issued beginning on the 4th
day after the conversion notice was delivered to the Company. This penalty shall increase to $500 per day beginning on the
10th day. The penalty for a breach of Section 8(n) shall be an increase of the outstanding principal amounts by 20%.
In case of a breach of Section 8(i), the outstanding principal due under this Note shall increase by 50%. If this Note is not
paid at maturity, the outstanding principal due under this Note shall increase by 10%. Further, if a breach of Section 8(m) occurs
or is continuing after the 6 month anniversary of the Note, then the Holder shall be entitled to use the lowest closing bid price
during the delinquency period as a base price for the conversion. For example, if the lowest closing bid price during the delinquency
period is $0.01 per share and the conversion discount is 50% the Holder may elect to convert future conversions at$0.005 per share.

 

 

    	5

     

    

 

If
the Holder shall commence an action or proceeding to enforce any provisions of this Note, including, without limitation, engaging
an attorney, then if the Holder prevails in such action, the Holder shall be reimbursed by the Company for its attorneys’
fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or proceeding.

 

Make-Whole
for Failure to Deliver Loss. At the Holder’s election, if the Company fails for any reason to deliver to the Holder the
conversion shares by the by the 3rd business day following the delivery of a Notice of Conversion to the Company and if the Holder
incurs a Failure to Deliver Loss, then at any time the Holder may provide the Company written notice indicating the amounts payable
to the Holder in respect of the Failure to Deliver Loss and the Company must make the Holder whole as follows:

 

Failure
to Deliver Loss = [(Highest VWAP for the 30 trading days on or after the day of exercise) x (Number of conversion shares)]

 

The
Company must pay the Failure to Deliver Loss by cash payment, and any such cash payment must be made by the third business day
from the time of the Holder’s written notice to the Company.

 

9.
In case any provision of this Note is held by a court of competent jurisdiction to be excessive in scope or otherwise invalid
or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum extent
possible, and the validity and enforceability of the remaining provisions of this Note will not in any way be affected or impaired
thereby.

 

10.
Neither this Note nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed
by the Company and the Holder.

 

11.
The Company represents that it is not a “shell” issuer and has never been a “shell” issuer or that if
it previously has been a “shell” issuer that at least 12 months have passed since the Company has reported form 10
type information indicating it is no longer a “shell issuer. Further. The Company will instruct its counsel to either (i)
write a 144 opinion to allow for salability of the conversion shares or (ii) accept such opinion from Holder’s counsel.

 

12.
The Company shall issue irrevocable transfer agent instructions reserving 25,625,000 shares of its Common Stock for conversions
under this Note (the “Share Reserve”). Upon full conversion of this Note, any shares remaining in the Share Reserve
shall be cancelled. The Company shall pay all transfer agent costs associated with issuing and delivering the share certificates
to Holder. If such amounts are to be paid by the Holder, it may deduct such amounts from the Conversion Price. The company should
at all times reserve a minimum of four times the amount of shares required if the note would be fully converted. The Holder may
reasonably request increases from time to time to reserve such amounts. The Company will instruct its transfer agent to provide
the outstanding share information to the Holder in connection with its conversions.

 

 

    	6

     

    

 

13.
The Company will give the Holder direct notice of any corporate actions, including but not limited to name changes, stock splits,
recapitalizations etc. This notice shall be given to the Holder as soon as possible under law.

 

14.
If it shall be found that any interest or other amount deemed interest due hereunder violates the applicable law governing usury,
the applicable provision shall automatically be revised to equal the maximum rate of interest or other amount deemed interest
permitted under applicable law. The Company covenants (to the extent that it may lawfully do so) that it will not seek to claim
or take advantage of any law that would prohibit or forgive the Company from paying all or a portion of the principal or interest
on this Note.

 

15.
This Note shall be governed by and construed in accordance with the laws of New York applicable to contracts made and wholly to
be performed within the State of New York and shall be binding upon the successors and assigns of each party hereto. The Holder
and the Company hereby mutually waive trial by jury and consent to exclusive jurisdiction and venue in the courts of the State
of New York or in the Federal courts sitting in the county or city of New York. This Agreement may be executed in counterparts,
and the facsimile transmission of an executed counterpart to this Agreement shall be effective as an original.

 

 

    	7

     

    

 

IN
WITNESS WHEREOF, the Company has caused this Note to be duly executed by an officer thereunto duly authorized.

 

	Dated:
    6/17/2017	 	 
	 	 	 
	 	REALBIZ MEDIA GROUP, INC.
	 	 	 
	 	By:	
	 	Title:	CEO

 

 

    	8

     

    

 

EXHIBIT
A

 

NOTICE
OF CONVERSION

 

(To
be Executed by the Registered Holder in order to Convert the Note)

 

The
undersigned hereby irrevocably elects to convert $ ____________ of the above Note into __________ Shares of Common Stock of
RealBiz Media Group, Inc. (“Shares”) according to the conditions set forth in such Note, as of the date written
below.

 

If
Shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer and other taxes
and charges payable with respect thereto.

 

Date
of Conversion:__________________________________________________

Applicable Conversion Price:___________________________________________

Signature:_________________________________________________________

[Print
Name of Holder and Title of Signer]

 

Address: __________________________________________________________

__________________________________________________________

 

SSN
or EIN:______________________

Shares
are to be registered in the following name: ____________________________

 

Name:_____________________________________________________

Address: __________________________________________________

Tel: _______________________________________________

Fax: ___________________________________

SSN or EIN:_____________________________

 

Shares
are to be sent or delivered to the following account:

 

Account
Name: __________________________________________

Address: _______________________________________________

 

 

    	9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}]]