Document:

CONFIDENTIAL

 

ADVERTISEMENT
AGREEMENT

 

This
ADVERTISEMENT AGREEMENT (this “Agreement”) is made and entered into this 26 day of November,
2012 (the “Effective Date”) by and between WOWIO, INC. (“WOWIO’”), a
Texas corporation, with an address at 6310 San Vicente Blvd., Suite 240, Los Angeles, CA 90048, and GHH COMMERCE (the “Publisher”,
and together with WOWIO, the “Parties”), a Missouri limited liability company, with an address at 100
Chesterfield Business Parkway, Suite 200 Chesterfield, MO 63005. This Agreement shall include all current and future exhibits
(collectively the “Exhibits”) to be attached to this Agreement from time to time.

 

WITNESSETH

 

WHEREAS,
the Publisher owns and operates the website(s) listed on Exhibit A attached hereto (“Publisher’s Websites”),
and allows WOWIO to utilize their own Ad Optimization Service for the optimization and delivery of advertisements to the
site(s) listed on Exhibit A.

 

NOW
THEREFORE, in consideration of the premises and the respective mutual covenants, agreements, representations and warranties hereinafter
set forth, the sufficiency of which is hereby acknowledged, the Parties hereto, intending to be legally bound, agree as follows:

 

SECTION
1

TERM
AND TERMINATION

 

1.01
Term

 

The
initial term (“Initial Term”) of this Agreement shall commence upon complete execution hereof by both
Parties and shall be for a period of one (1) month. This Agreement shall automatically renew on a month-to-month basis after the
Initial Term expires, unless terminated by either Party, pursuant to the terms hereof (with each subsequent month of this Agreement,
a “Subsequent Term”, and the Initial Term together with all Subsequent Terms, the “Term”).

 

SECTION
2

WOWIO
AD OPTIMIZATION SERVICE AND RELATED OBLIGATIONS

 

2.01
Provision of the WOWIO Ad Optimization Service

 

WOWIO
shall utilize the Ad Management System in its provision of the WOWIO Ad Optimization Service, to (i) place “ad tags”
and schedule advertisement delivery sites listed on Exhibit A, and (ii) generate reports of advertisements delivered
and revenue paid by WOWIO’s advertising clients (the “WOWIO Advertising Clients”) for placement
of such advertisements delivered by WOWIO to said sites (the “Delivered Ads”).

 

    	1

    	 

    

 

	 	CONFIDENTIAL

  

2.02
Reporting and Accounting

 

WOWIO
will provide Publisher with reports (“WOWIO Reports”) including (i) Net Ad Revenue (as defined below)
received by WOWIO from direct advertisers or ad networks related to Publisher’s Ad Delivery Campaign (as defined below),
(ii) related, customary analytics, including number of impressions and associated cost-per-thousand ad impressions (“CPM”)
and (iii) other analytics which the Publisher may, from time to time, reasonably request WOWIO to provide. WOWIO Reports
shall be submitted by WOWIO to Publisher (x) daily for the first week of WOWIO’s provision of the WOWIO Ad Optimization
Service, pursuant to the terms of this Agreement, and (y) weekly, thereafter, for the duration of the Term of this Agreement.

 

2.03
Revenue-Discrepancy

 

In
the event that any campaign of monthly delivery of ads to Publisher’s Websites by WOWIO (an “Ad Delivery Campaign”)
has a reporting and payment discrepancy of eleven-percent (11%) or higher, WOWIO shall shut down such Ad Delivery Campaign for
further investigation, in order to determine the cause of such discrepancy, regardless of whether the advertising source is direct
or remnant. WOWIO will work with Publisher and the WOWIO Advertising Client providing the ads for the relevant Ad Delivery Campaign,
and all final ad impression numbers will favor the WOWIO Advertising Client, unless WOWIO determines, in its sole discretion,
that such WOWIO Advertising Client’s reporting was in error and the cause of the discrepancy, in which case WOWIO will broker
a resolution between Publisher and such WOWIO Advertising Client. Once resolved, the applicable Ad Delivery Campaign will be resumed.

 

SECTION
3

PUBLISHER’S
RIGHTS AND PAYMENT OBLIGATIONS

 

3.01
Pees and Commission

 

In
consideration of WOWIO’s provision of the WOWIO Ad Optimization Service, WOWIO shall be entitled to deduct fees and commissions,
and payment from Publisher, as follows:

 

		a)	WOWIO
                                                                                                                                                                                                                                                     will
                                                                                                                                                                                                                                                     pay
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     Publisher
                                                                                                                                                                                                                                                     thirty
                                                                                                                                                                                                                                                     percent
                                                                                                                                                                                                                                                     (30%)
                                                                                                                                                                                                                                                     of
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     Net
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Revenue
                                                                                                                                                                                                                                                     actually
                                                                                                                                                                                                                                                     received
                                                                                                                                                                                                                                                     from
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     applicable
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     Advertising
                                                                                                                                                                                                                                                     Clients
                                                                                                                                                                                                                                                     providing
                                                                                                                                                                                                                                                     ads
                                                                                                                                                                                                                                                     for
                                                                                                                                                                                                                                                     a
                                                                                                                                                                                                                                                     given
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Delivery
                                                                                                                                                                                                                                                     Campaign.
                                                                                                                                                                                                                                                     “Net
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Revenue”
                                                                                                                                                                                                                                                     shall
                                                                                                                                                                                                                                                     be
                                                                                                                                                                                                                                                     defined
                                                                                                                                                                                                                                                     as
                                                                                                                                                                                                                                                     all
                                                                                                                                                                                                                                                     revenues
                                                                                                                                                                                                                                                     generated
                                                                                                                                                                                                                                                     from
                                                                                                                                                                                                                                                     and
                                                                                                                                                                                                                                                     actually
                                                                                                                                                                                                                                                     paid
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     by
                                                                                                                                                                                                                                                     all
                                                                                                                                                                                                                                                     relevant
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     Advertising
                                                                                                                                                                                                                                                     Clients,
                                                                                                                                                                                                                                                     related
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     Delivered
                                                                                                                                                                                                                                                     Ads,
                                                                                                                                                                                                                                                     and
                                                                                                                                                                                                                                                     if
                                                                                                                                                                                                                                                     there
                                                                                                                                                                                                                                                     is
                                                                                                                                                                                                                                                     a
                                                                                                                                                                                                                                                     delivery
                                                                                                                                                                                                                                                     charge
                                                                                                                                                                                                                                                     incurred
                                                                                                                                                                                                                                                     against
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     a
                                                                                                                                                                                                                                                     less
                                                                                                                                                                                                                                                     delivery
                                                                                                                                                                                                                                                     cost
                                                                                                                                                                                                                                                     of
                                                                                                                                                                                                                                                     three-cent
                                                                                                                                                                                                                                                     ($0.03)
                                                                                                                                                                                                                                                     per
                                                                                                                                                                                                                                                     CPM
                                                                                                                                                                                                                                                     before
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     Net
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Revenue
                                                                                                                                                                                                                                                     is
                                                                                                                                                                                                                                                     calculated.
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     operating
                                                                                                                                                                                                                                                     expenses,
                                                                                                                                                                                                                                                     sales
                                                                                                                                                                                                                                                     commissions
                                                                                                                                                                                                                                                     and
                                                                                                                                                                                                                                                     legal
                                                                                                                                                                                                                                                     expenses,
                                                                                                                                                                                                                                                     all
                                                                                                                                                                                                                                                     as
                                                                                                                                                                                                                                                     applicable,
                                                                                                                                                                                                                                                     incurred
                                                                                                                                                                                                                                                     by
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     in
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     performance
                                                                                                                                                                                                                                                     of
                                                                                                                                                                                                                                                     its
                                                                                                                                                                                                                                                     obligations
                                                                                                                                                                                                                                                     under
                                                                                                                                                                                                                                                     this
                                                                                                                                                                                                                                                     Agreement,
                                                                                                                                                                                                                                                     shall
                                                                                                                                                                                                                                                     not
                                                                                                                                                                                                                                                     be
                                                                                                                                                                                                                                                     included
                                                                                                                                                                                                                                                     in
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     calculation
                                                                                                                                                                                                                                                     of
                                                                                                                                                                                                                                                     Net
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Revenue.

 

		b)	WOWIO
                                                                                                                                                                                                                                                     shall
                                                                                                                                                                                                                                                     remit
                                                                                                                                                                                                                                                     payment
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     Publisher
                                                                                                                                                                                                                                                     for
                                                                                                                                                                                                                                                     Delivered
                                                                                                                                                                                                                                                     Ads,
                                                                                                                                                                                                                                                     within
                                                                                                                                                                                                                                                     fourteen
                                                                                                                                                                                                                                                     (14)
                                                                                                                                                                                                                                                     days
                                                                                                                                                                                                                                                     after
                                                                                                                                                                                                                                                     receipt
                                                                                                                                                                                                                                                     of
                                                                                                                                                                                                                                                     payment-in-full
                                                                                                                                                                                                                                                     from
                                                                                                                                                                                                                                                     all
                                                                                                                                                                                                                                                     applicable
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     Advertising
                                                                                                                                                                                                                                                     Clients.
                                                                                                                                                                                                                                                     If
                                                                                                                                                                                                                                                     any
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     Advertising
                                                                                                                                                                                                                                                     Clients
                                                                                                                                                                                                                                                     fail
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     timely
                                                                                                                                                                                                                                                     remit
                                                                                                                                                                                                                                                     payment
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     for
                                                                                                                                                                                                                                                     Delivered
                                                                                                                                                                                                                                                     Ads,
                                                                                                                                                                                                                                                     payment
                                                                                                                                                                                                                                                     by
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     Publisher
                                                                                                                                                                                                                                                     shall
                                                                                                                                                                                                                                                     be
                                                                                                                                                                                                                                                     rolled
                                                                                                                                                                                                                                                     over
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     next
                                                                                                                                                                                                                                                     bi-weekly
                                                                                                                                                                                                                                                     payment
                                                                                                                                                                                                                                                     cycle
                                                                                                                                                                                                                                                     during
                                                                                                                                                                                                                                                     a
                                                                                                                                                                                                                                                     given
                                                                                                                                                                                                                                                     Ad
                                                                                                                                                                                                                                                     Delivery
                                                                                                                                                                                                                                                     Campaign.
                                                                                                                                                                                                                                                     Publisher
                                                                                                                                                                                                                                                     shall
                                                                                                                                                                                                                                                     not
                                                                                                                                                                                                                                                     be
                                                                                                                                                                                                                                                     entitled
                                                                                                                                                                                                                                                     to
                                                                                                                                                                                                                                                     any
                                                                                                                                                                                                                                                     advertising
                                                                                                                                                                                                                                                     revenue
                                                                                                                                                                                                                                                     for
                                                                                                                                                                                                                                                     Delivered
                                                                                                                                                                                                                                                     Ads,
                                                                                                                                                                                                                                                     unless
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     has
                                                                                                                                                                                                                                                     first
                                                                                                                                                                                                                                                     received
                                                                                                                                                                                                                                                     such
                                                                                                                                                                                                                                                     advertising
                                                                                                                                                                                                                                                     revenue
                                                                                                                                                                                                                                                     from
                                                                                                                                                                                                                                                     the
                                                                                                                                                                                                                                                     applicable
                                                                                                                                                                                                                                                     WOWIO
                                                                                                                                                                                                                                                     Advertising
                                                                                                                                                                                                                                                     Client
                                                                                                                                                                                                                                                     providing
                                                                                                                                                                                                                                                     such
                                                                                                                                                                                                                                                     ads.

 

    	2

    	 

    

  

	 	CONFIDENTIAL

 

3.02Audit
Rights

 

WOWIO
shall maintain accurate written records of its activities under the terms of this Agreement, including, but not limited to, documentation
sufficient to verify the Net Ad Revenue and related fees, expenses and costs, and to provide the information to Publisher required
pursuant to this Agreement. During the Term of this Agreement, but not more frequently than four (4) times per year, and upon
five (5) days prior notice, Publisher may audit such records, during Business Hours, to verify WOWIO’S compliance with the
terms of this Agreement. Publisher shall pay its own costs for such audit, unless the audit reveals an underpayment of five-percent
(5%) or more of the amounts due to Publisher, in which case WOWIO shall reimburse Publisher for all costs associated with the
audit in addition to all outstanding amounts due to Publisher, including without limitation, all Publisher’s accountants’
and attorneys’ fees.

 

3.03Content
Control

 

Publisher
may request to have any advertising removed from Publisher’s Websites if Publisher determines, in its sole discretion, that
such advertising is unsuitable for Publisher’s Websites. If Publisher makes a request for the removal of advertising from
Publisher’s Websites, WOWIO shall make the changes requested by Publisher within twenty-four (24) hours of WOWIO’s
receipt of such request. Publisher may also submit in advance a list of advertisers and/or types of advertisers Publisher does
not want to run on Publisher’s Websites or software.

 

3.04Access
Obligations

 

Publisher
shall provide WOWIO with direct access to Publisher’s webmaster(s) related to Publisher’s Websites, so that WOWIO
may address any and all ad-coding or ad-delivery issues (JavaScript issues, etc.). Publisher will use all commercially-reasonable
efforts to ensure that the WOWIO ad code utilized in WOWIO’s provision of the WOWIO Ad Optimization Services pursuant to
the terms of this Agreement, is not embedded into the ad code or ad delivery system of any other entity running its ad code or
ad delivery system on any of Publisher’s Websites.

 

    	3

    	 

    

 

	 	CONFIDENTIAL

 

SECTION
4

REPRESENTATIONS
AND WARRANTIES

 

4.01WOWIO’s
Representations and Warranties

 

WOWIO
represents and warrants to Publisher that (i) WOWIO is duly formed and in good standing under the laws of the State of Texas,
(ii) WOWIO has all necessary right, power and authority to enter into this Agreement and to perform the acts required of WOWIO
hereunder, and (iii) WOWIO’S use and operation of the Ad Management System will not infringe upon the intellectual property
rights of any third-party or violate any applicable law, rule or regulation.

 

4.02Publisher’s
Representations and Warranties

 

Publisher
represents and warrants to WOWIO that (i) Publisher is duly incorporated and in good standing under the laws of the State of Texas
and all other jurisdictions in which it operates, and (ii) Publisher has all necessary right, power and authority to enter into
this Agreement and to perform the acts required of Publisher hereunder, and (iii) Publisher’s performance of its obligations
pursuant to this Agreement will not infringe upon the intellectual property rights of any third-party or violate any applicable
law, rule or regulation.

 

SECTION
5

CONFIDENTIALITY

 

Including
the pricing and service terms of this Agreement, each Party’s software, hardware, databases, intellectual property, trade
secrets, Publisher data, and marketing contracts are confidential and proprietary to the providing Party (all of such information
collectively, the “Confidential Information”). Neither Party may disclose the Confidential Information
of the other to any third-party or otherwise use or exploit such Confidential Information, except as expressly authorized by the
other Party or permitted hereunder, and provided that, WOWIO may share Publisher’s Confidential Information with
its affiliates, if necessary for the provision of the WOWIO Ad Optimization Service and its other obligations hereunder. Each
Party agrees to undertake reasonable security measures to prevent the disclosure of the other Party’s Confidential Information.
Confidential Information shall not include information which (a) is or becomes a part of the public domain through no act or omission
of the receiving Party, (b) was in the receiving Party’s lawful possession prior to the disclosure and had not been obtained
by the receiving Party either directly or indirectly from the providing Party, (c) is lawfully disclosed to the receiving Party
by a third-party without restriction on disclosure, (d) is independently developed by the receiving Party, or (e) is required
to be disclosed by law, provided that the protected Party is provided with advance notice of such requirement and a reasonable
opportunity to obtain a protective order. Upon termination or expiration of this Agreement for any reason, each Party shall return
all Confidential Information of the other Party in its possession.

 

    	4

    	 

    

  

	 	CONFIDENTIAL

 

SECTION
6

INDEMNIFICATION

 

Publisher
shall defend, indemnify and hold harmless WOWIO from any claims, liability, damages and costs (including reasonable costs and
attorneys’ fees) resulting from a breach of Publisher’s representations, warranties and agreements made hereunder,
provided that: (i) WOWIO promptly notifies Publisher of such claims; (ii) Publisher has sole control of the defense and settlement
of such claims and is not responsible for any settlement that it does not approve in writing; and (iii) WOWIO renders all assistance
required, at Publisher’s expense.

 

WOWIO
shall defend, indemnify and hold harmless Publisher from any claims, liability, damages and costs (including reasonable
costs and attorneys’ fees) resulting from a breach of WOWIO’s representations, warranties and agreements made hereunder;
provided that: (i) Publisher promptly notifies WOWIO of such claims; (ii) WOWIO has sole control of the defense and settlement
for such claims and is not responsible for any settlement that it does not approve in writing; and (iii) Publisher renders all
assistance required, at WOWIO’s expense. If WOWIO believes that an injunction may be entered against WOWIO’s use of
the Ad Management System, WOWIO may, at its option, (A) obtain a license permitting such use, (B) to the extent permitted by law,
modify the Ad Management System to avoid the infringement, or (C) if it cannot reasonably do either of the foregoing, terminate
this Agreement.

 

SECTION
7

LIMITATION
ON LIABILITY

 

EXCEPT
AS OTHERWISE SPECIFIED IN THIS AGREEMENT, WOWIO HEREBY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED RELATED TO ITS PROVISION OF
THE WOWIO AD OPTIMIZATION SERVICE, INCLUDING WITHOUT LIMITATION, ANY AND ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR
PURPOSE AND NONINFRINGEMENT.

 

Publisher
shall not bring a claim against WOWIO, and/or any of its affiliates, based upon a claim that WOWIO has breached an implied warranty
to Publisher arising from or relating to WOWIO’s provision of the WOWIO Ad Optimization Service.

 

Neither
Party shall be liable for consequential, incidental, special or exemplary damages, whether based on breach of contract, tort,
product liability, or otherwise.

 

SECTION
8

FORCE
MAJEURE

 

Any
delay in or failure by either Publisher or WOWIO in performing its obligations pursuant to this Agreement (except failure to pay
monies due), and any loss or damage resulting therefrom, shall be excused if and to the extent that such delay or failure is caused
by occurrences beyond the reasonable control of the affected Party, including without limitation, acts of war, acts of God, flood,
earthquake or natural disaster, embargo, sabotage, riot, labor shortage or dispute, governmental act, or failure of the Internet,
provided that the delayed Party: (a) gives the other Party prompt notice of such cause, and (b) uses its reasonable commercial
efforts to promptly correct such failure or delay in performance.

 

    	5

    	 

    

  

	 	CONFIDENTIAL

 

SECTION
9

WOWIO
ADVERTISING CLIENTS’ TERMS

 

Publisher
shall not, and shall cause all of Publisher’s Website(s) to not, (i) engage in any traffic- buying or aggregation practices
in violation or breach of the rules, regulations, or requirements of any WOWIO Advertising Client’s “terms and conditions”
or “services agreement” with WOWIO (collectively, the “WOWIO Advertising Client’s Terms”),
(ii) include in its Publisher’s Website(s) or its linkages, any software, tools or text, that could cause WOWIO
systems and networks, or the websites of other publishers under contract with WOWIO, harm from reduced system performance, system
unavailability, data loss, or other damage, or (iii) otherwise violate or breach any WOWIO Advertising Client’s Terms. Upon
request from Publisher, delivered in writing to WOWIO, WOWIO shall provide Publisher with a copy of all relevant WOWIO Advertising
Client’s Terms.

 

In
the event that a WOWIO Advertising Client provides WOWIO with written notice that (1) Publisher or any of Publisher’s Websites
violates or is in breach of such WOWIO Advertising Client’s Terms, or (2) such WOWIO Advertising Client reasonably suspects
such a violation or breach, WOWIO shall have the right to: (i) immediately Suspend (as defined below) its provision of the WOWIO
Ad Optimization Service to the applicable Publisher’s Website or, if the breaching Publisher’s Website is a part of
a group of Publisher’s Websites that has been assigned a single client ID with the relevant WOWIO Advertising Client, immediately
Suspend its provision of the WOWIO Ad Optimization Service to such group of Publisher’s Websites, (ii) postpone payment
to Publisher related to the applicable WOWIO Advertising Client’s Delivered Ads, and (iii) terminate this Agreement if such
violation or breach is not cured by Publisher to the satisfaction of the relevant WOWIO Advertising Client, within five (5) business
days of WOWIO’s receipt of notice from the relevant WOWIO Advertising Client. As used in this Section 9, the term “Suspend”
shall mean that upon the relevant WOWIO Advertising Client’s written request, WOWIO will immediately remove or cause
to be removed any of such relevant WOWIO Advertising Client’s advertisements implemented or displayed on the applicable
Publisher’s Website(s), and the relevant WOWIO Advertising Client may immediately deactivate such Publisher’s Website(s)’
access to any relevant WOWIO Advertising Client’s advertisements (such removal or deactivation, as applicable, a “Suspension”).
The duration of any Suspension will be until such time as the relevant WOWIO Advertising Client is reasonably satisfied
that (x) no violation or breach by the applicable Publisher’s Website has occurred, (y) the applicable Publisher’s
Website has cured the breach giving rise to such Suspension, or (z) this Agreement has been otherwise terminated. In the event
that, as a result of a Suspension described above, an applicable WOWIO Advertising Client withholds or denies payment otherwise
due to Publisher or Publisher’s Website(s), WOWIO shall not be liable for such payment to Publisher until such time, if
ever, that WOWIO receives payment due to Publisher or Publisher’s Website(s) from the relevant WOWIO Advertising Client.

 

In
addition, upon written notice, WOWIO may immediately terminate this Agreement if: (i) Publisher or one of Publisher’s Websites
engages in any activity prohibited by, or is in material breach of the requirements of, a WOWIO Advertising Client’s Terms,
or this Agreement, more than twice during the Term of this Agreement, notwithstanding any cure of such breaches; or (ii) if WOWIO
or a WOWIO Advertising Client determines, in either of their sole reasonable discretion, that the display of such WOWIO Advertising
Client’s advertisements on any of Publisher’s Website(s), damages or has damaged such WOWIO Advertising Client’s
brand, reputation or goodwill.

 

    	6

    	 

    

  

	 	CONFIDENTIAL

 

In
the event of any violation or breach of a WOWIO Advertising Client’s Terms by Publisher or any of Publisher’s Website(s),
WOWIO shall have the option of either pursuing any available remedies against Publisher or the applicable Publisher’s
Website(s) to the fullest extent permitted by this Agreement and applicable law, or assign any claims WOWIO may have to the relevant
WOWIO Advertising Client, including potentially giving the WOWIO Advertising Client full control and sole authority over the claim.

 

SECTION
10

MISCELLANEOUS

 

10.01Arbitration.

 

In
the event of a dispute, the Parties agree to pursue alternative dispute resolution procedures, including mediation and arbitration
under the then-current Commercial Arbitration Rules of the American Arbitration Association, and the judgment on the arbitration
award may be entered in any court having jurisdiction. The Parties shall share equally the arbitrator’s fees and any administrative
fee, but shall otherwise bear their own legal expenses. The location of the arbitration shall be Los Angeles, CA.

 

10.02Publicity.

 

Publisher
agrees that during the term of this Agreement, WOWIO may use Publisher’s name and logo in presentations, marketing materials,
customer lists, financial reports, and web page listings of customers, provided that any such use shall be at all times
in accordance with the terms of this Agreement. WOWIO agrees that during the term of this Agreement, Publisher may use WOWIO’s
name and logo in presentations, marketing materials, financial reports, and web page listings, provided that any such use
shall be at all times in accordance with the terms of this Agreement.

 

10.03Waiver.

 

No
waiver by a Party of any provision of this Agreement shall be considered a waiver of any other provision or subsequent breach
of the same or any other provision. The exercise by a Party of any remedy provided in this Agreement or at law shall not prevent
the exercise by that Party of any other remedy provided in this Agreement, at law or in equity.

 

10.04Severability.

 

If
any provision, or portion thereof, of this Agreement is held to be invalid or void by any court of competent jurisdiction, the
same shall be deemed severable from the remainder of this Agreement and shall in no way effect the other covenants and conditions
contained herein.

 

    	7

    	 

    

 

	 	CONFIDENTIAL

 

10.05Notice.

 

All
written notices, demands, or requests of any kind must be served by e-mail with confirmed delivery, registered mail, or by personal
service, provided that acknowledgement of receipt is made. Notices shall be delivered to the Parties at the addresses specified
at the beginning of this Agreement, or at such others as may be from time to time specified.

 

10.06Assignment.

 

This
Agreement shall not be assigned or transferred by the Publisher, without the prior written consent of WOWIO. WOWIO may assign
its responsibilities and commitments pursuant to this Agreement to one of WOWIO’s affiliates, upon seven (7) days written
notice to the Publisher.

 

10.07Entire
Agreement, Amendments. Counterparts.

 

This
Agreement, including any attachments or Exhibits attached hereto and forming an integral part hereof, contains all of the representations,
warranties, and the entire understanding and agreement between the Parties and merges and supersedes all prior discussions, agreements
and understandings of every nature between them. This Agreement, including any attachments or Exhibits attached hereto, may not
be changed or modified, except by an agreement in writing signed by both of the Parties hereto. This Agreement may be executed
in counterparts, which taken together shall constitute one and the same document.

 

10.08No
Third-Party Beneficiaries. Relationship of the Parties.

 

Nothing
in this Agreement is intended nor will be construed to give any person, other than the Parties hereto, any legal or equitable
right, remedy or claim under or in respect of this Agreement or any provision contained herein. Nothing herein shall be construed
as establishing a partnership, joint venture, employment or other business relationship between the Parties hereto other than
that of independent contractors.

 

10.09Governing
Law and Venue.

 

This
Agreement shall be governed by and construed in accordance with the laws of the State of California. The exclusive venue
for any lawsuit or arbitration under this Agreement shall be the County of Los Angeles, California.

 

10.10Survival.

 

The
provisions of Sections 4, 5, 6, 7, 9 and 10 shall survive the termination or expiration of this Agreement. All accrued payment
obligations, if any, of the Publisher will also survive termination or expiration of this Agreement.

 

[
SIGNATURE PAGE FOLLOWS ]

 

    	8

    	 

    

  

	 	CONFIDENTIAL

 

IN
WITNESS WHEREOF, the Parties have caused their duly authorized representatives to execute this Agreement as of the date and year
first written above.

 

	WOWIO,
                                                                                                        INC.,

a
Texas corporation

	 	GHH
                                                                                                        COMMERCE, LLC

        a
        Missouri limited liability company

	 	 	 	 	 
	By:	/s/
    Jacob Morris	 	By:	/s/
    Douglas J. Bates
	Name:	Jacob
    Morris	 	Name:	Douglas
    J. Bates
	Title:	COO	 	Title:	Chief
    Administrative Officer/General Counsel

 

	Mailing
    Address: 6310 San Vicente Blvd., #240

 

Los Angeles,
CA 90048

	 	Mailing
    Address: 100 Chesterfield Business Parkway, 

Suite 200, Chesterfield, MO 63005
	 	 	 
	Phone:	(310)
807-8181
	 	Phone:	(314)
    735-0051
	e-mail:	jmorris@wowio.com
	 	e-mail:	timothy@ghhcommerce.com

 

    	9

    	 

    

 

	 	CONFIDENTIAL

 

EXHIBIT
A

PUBLISHER’S
WEBSITES

 

1.
http://shop.wowio.com

 

    	10WOWIO,
Inc.

Amended
and Restated

Board
of Directors Services Agreement

 

This
Amended and Restated Board of Directors Services Agreement (the “Agreement”) dated October 31, 2012, is entered
into between WOWIO, Inc., a Texas corporation (“the Company”), and Zachary Pennington, an individual with a
principle place of residence set forth on the signature page (“Director”).

 

WHEREAS,
the Director is terminating his employment with the Company but has agreed to remain on the Board of Directors. Company desires
to retain the services of Director for the benefit of the Company and its stockholders; and

 

WHEREAS,
Director desires to continue to serve on the Company’s Board of Directors for the period of time and subject to the
terms and conditions set forth herein;

 

NOW,
THEREFORE, for consideration and as set forth herein, the parties hereto agree as follows:

 

1. Board
Duties. Director agrees to provide services to the Company as a member of the Board of Directors. Director shall, for so
long as he remains a member of the Board of Directors, but in any case not less than four (4) years from the date
hereof, meet with the Company upon written request, at dates and times mutually agreeable to Director and the Company, to
discuss any matter involving the Company or its subsidiaries, which involves or may involve issues of which Director has
knowledge and cooperate in the review, defense or prosecution of such matters. Director acknowledges and agrees that the
Company may rely upon Director’s expertise in creating, producing, distributing and monetizing of digital entertainment
or other business disciplines where Director has a deep understanding with respect to the Company’s business operations
and that such requests may require substantial additional time and efforts in addition to Director’s customary service
as a member of the Board of Directors. Director will notify the Company promptly if he is subpoenaed or otherwise served with
legal process in any matter involving the Company or its subsidiaries. Director will notify the Company if any attorney who
is not representing the Company contacts or attempts to contact Director (other than Director’s own legal counsel) to
obtain information that in any way relates to the Company or its subsidiaries, and Director will not discuss any of these
matters with any such attorney without first so notifying the Company and providing the Company with an opportunity to have
its attorney present during any meeting or conversation with any such attorney.

 

2. Compensation.
All compensation arrangements that existed prior to execution of this Agreement, including but not limited to the employment
agreement, are hereby terminated. As compensation for the services provided herein, the Company has issued Eight Hundred
Fifty Thousand (850,000) shares of Series A Preferred Stock and Five Million (5,000,000) shares of common stock to
Director. Executive shall be entitled to receive any accrued but unpaid salary through the date of this Agreement together
with any other vested or un-vested benefits in accordance with the terms of the applicable arrangements.

 

3. Expenses.
The Company will reimburse Director for reasonable business expenses incurred on behalf of the Company prior to the date
hereof. The Company shall also reimburse Director for reasonable out-of-pocket expenses incurred in connection
with discharging his duties as a Board member. Any additional expenses shall be pre-approved by the CEO or CFO of the Company
and will be reimbursed subject to receiving reasonable substantiating documentation relating to such expenses. Any existing
property of the Company used by Director shall be returned to the Company.

 

    	 

    	 

    

  

4. Cooperation.
In the event of any claim or litigation against the Company and/or Director based upon any alleged conduct, acts or omissions
of Director during the tenure of Director as an officer of the Company, whether known or unknown, threatened or not as of the
time of this writing, the Company will cooperate with Director and provide to Director such information and documents as are
necessary and reasonably requested by Director or his counsel, subject to restrictions imposed by federal or state
securities laws or court order or injunction. The Company shall cooperate in all respects to ensure that Director has access
all available insurance coverage and shall do nothing to damage Director’s status as an insured, and shall provide all
necessary information for Director to make or tender any claim under applicable coverage.

 

5. Board
of Directors Status of Director. Director’s membership on the Company Board of Directors shall not be disturbed for
at least the greater of any period of time: (a) specified in any other agreement or contract defining Director’s
role, as a member of the Board of Directors, (h) a period of four (4) years from the date hereof, or (c) so long as Director
owns, directly or indirectly, at least ten percent (10%) of the issued or outstanding equity stock in the Company. Membership
on the Board shall require adherence to board member conduct policies adopted by the board and enforced equally upon all
directors. The Company reserves the right to remove the Director without or without cause. Director may voluntarily resign
his position on the Board of Directors at any time and without penalty or liability of any kind, subject to the provisions
herein.

 

5.1.
Conversion of Preferred Stock. Upon Director’s resignation or termination, all shares of Series A Preferred Stock
shall be converted into shares of the Company’s common stock pursuant to the terms of the Resolution Relating to a Series
of Shares filed with the State of Texas setting forth the rights and preferences of the Series A Preferred Stock. The shares of
Series A Preferred Stock previously owned by the Director shall be returned to treasury.

 

6.Confidentiality.
Subject to exceptions mutually agreed upon by the parties to this Agreement in advance and in writing, the terms and conditions
of this Agreement shall remain confidential and protected from disclosure except as required by law in connection with any registration
or filing, in relation to a lawful subpoena, or as may be necessary for purposes of disclosure to accountants, financial advisors
or other experts, who shall be made aware of and agree to be bound by the confidentiality provisions hereof. Director shall keep
all information about the Company confidential until such information disclosed to the public. Director acknowledges that the
nature of the industry of the Company is competitive and the release of any proprietary information of the Company can be detrimental
to the Company.

 

6.1.
Director agrees to maintain in confidence all “Confidential Information” (as defined in herein) as may be
disclosed by Company to Director, whether disclosed by any means, including, without limitation. Confidential Information
transmitted in oral, written, graphic, or electronic form.

 

6.2.
“Confidential Information” shall be defined as any nonpublic information disclosed by Company to Director and
shall be deemed to include the following information of the Company, without limitation: (a) e-mail addresses, customer
lists, the names of customer contacts, the names of investor contacts, investor lists, professional contacts, business plans,
technical data, product ideas, personnel, contracts and financial information: (b) patents, trade secrets, techniques,
processes, business methodologies, Schematics, employee suggestions, development tools and processes, computer printouts,
computer programs, design drawings and manuals, and improvements: (c) information about costs, profits, markets and sales:
(d) plans for future development and new product or production concepts: (e) all documents, hooks, papers, drawings, models,
sketches, and other data of any kind and description, including electronic data recorded or retrieved by any means, that have
been or will be disclosed, as well as written or oral instructions or comments: (f) all titles, content, graphics or text
relating to any concept, property or digital property owned or developed by the Company.

 

    	2

    	 

    

  

6.3.
Notwithstanding the foregoing, Confidential Information shall not include information that (i) has become public knowledge through
legal means without fault by the Director, (ii) is already public knowledge prior to the disclosure of the Confidential Information
by the Company to Director (iii) is known to the Director prior to the Company’s disclosure of the same pursuant to this
Agreement, or (iv) is independently developed by the Director without reference to or use of the Confidential Information. In
addition, the Director shall he entitled to release Confidential Information to permit it to prosecute or defend any claim under
this Agreement or pursuant to an order of a court or government agency, provided, however, in the case of release
pursuant to this section the Director shall limit the release to the greatest extent reasonably possible under the circumstances
and shall have provided the Company with sufficient advance notice to permit the Company to seek a protective order or other order
protecting its Confidential Information from disclosure.

 

7.Restrictive
Covenants. The Director acknowledges that his compensation is partly in consideration of and conditioned upon Director agreeing
to the covenants contained in this Section and the restrictions set forth herein are a material inducement to the Company’s
agreement with the Director hereunder, accordingly, the Director agrees that as long as Director shall remain a member of the
Board of the Company, and for a period of Eighteen (18) months thereafter. Director will not directly or indirectly, individually,
or through any other person or corporate or other business entity, except on behalf of the Company:

 

(a)
Employ, engage or solicit (or attempt to employ, engage or solicit) any person who at that time is, or at any time during the
preceding Eighteen (18) month period was, in the employ of the Company, or any of its subsidiaries, or any Client (as defined
below); or

 

(b)
Solicit business from or render any services to or for any Client or in each case whether or not the relationship between
the Company and such Clients or was originally established in whole or in pan through Director’s efforts without
Company’s written permission; or

 

(c)
Attempt in any manner to persuade any Client to cease or to reduce the amount of business which such Client has customarily
done or contemplates doing with the Company; or

 

(d)
Make any statement, public or private, concerning the internal business of the Company or any of the Company’s
Clients.

 

7.1. Exceptions.
Any potential conflicts between Director’s service on the Board and Director’s employment elsewhere must
immediately he brought to the attention of the Board. The Company and the Director may reach mutual understandings and
agreements regarding on-going relationships with specific Clients or projects, such understandings or agreements shall he
evidenced in writing and signed by the Company and the Director.

 

7.2. Clients.
A “Client” means any current, former or prospective Client of the Company and any joint venture partners, any
co-owners in any subsidiary or affiliate of the Company, or any party with which the Company has joined in a common
enterprise for the service of Clients.

 

8.Non-Conflict.
Director represents and warrants that he has the ability and right to enter into this Agreement and that his service on the Board
is not in conflict with any non-compete clause or agreement, employment agreement or any other arrangement Director may have with
another individual or company. Director shall immediately notify the Company if has reason to believe that his ability to serve
on the Board is in any way compromised through his employment elsewhere or his entrance into an agreement or contract with a third
party.

 

    	3

    	 

    

  

9.Governing
Law. This Agreement shall he governed by the law of the State of California. In the event of any dispute regarding the performance
or terms hereof, the prevailing party in any litigation shall be entitled to an award of reasonable attorneys’ fees and
costs of suit, together with any other relief awarded hereunder or in accordance with governing law.

 

SIGNATURE
PAGE FOLLOWS

 

    	4

    	 

    

  

In
witness whereof, the parties hereto enter into this Agreement as of the date first set forth above.

 

	WOWIO,
    Inc.	 	Zachary
    Pennington
	 	 	 
	/s/
    Brian Altounian	 	 
	Name:
    Brian Altounian	 	Name:
	Title:
    Chief Executive Officer	 	Title:
	 	 	Address:
    432 S. Curson Ave #12M
	 	 	Los
    Angeles, CA 90036

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