Document:

Exhibit 10.4

 

Xifei 660# Boiler Denitration,
Dust Removal and Desulfurization System

 

Equipment Installation
Contract

 

 

Contract code: LS20140401 Sign
location: Beijing Signed Time: April 1, 2014

 

		Party:	Longsheng Jingying Environmental Technology Ltd, Beijing

		Contractor(association):	Liaoning Nengfa Weiye Technology Ltd

Shenyang
Unicom Water Supply Engineering Ltd

 

Beijing environmental protection technology
co., LTD contract awarding its long life elite 660 boiler denitration, dust removal and desulfurization system installation project,
liaoning can send great energy technology co., ltd. and shenyang unicom water supply engineering co., LTD as a consortium contracting
its 660 boiler denitration, dust removal and desulfurization system installation

 

1, installation engineering projects

 

1.1 installation project name: its 660 boiler denitration, dust removal and desulfurization system installation.

 

1.2 installation location: 660 # boiler room outside its company.

 

1.3 installation project content: the installation of the following equipment:

 

Dust removal system, 2 sets of

 

2 sets of desulfurization system

 

2 sets of denitration system

 

    	 

    	 

    

 

3 sets of on-line monitoring system

 

See attached equipment and instruments, and other technical agreement and equipment list

 

2, installation project cost

 

2.1 installation project total price RMB 4,220,000.

 

3, payment of the price of the installation:

 

3.1 installation engineering: 20% of the total price, namely RMB 844,000 by the party specified in the payment to the contractor
after contract become effective gathering unit namely Shenyang Unicom Water Supply Engineering Co., LTD.

 

3.2 installation engineering: 70% of the total price, namely RMB 2,954,000 by the party in all equipment installation, commissioning
and final acceptance of the completion of the contractor in Shenyang Unicom Water Supply Engineering Co., LTD., issue a full installation
invoices payment to the contractor designated collection unit Shenyang Unicom Water Supply Engineering Co., LTD

 

3.3 installation works 10% of the total price, that is RMB 422,000 as quality retention money, one year after the warranty expires
collection units designated by the payment to the contractor of the Shenyang Unicom Water Supply Engineering Co., LTD

 

4, installation project deadline

 

4.1 all project started since the contract is signed, 1 May 2014 rijin upon site construction, completed on September 30, 2014.

 

4.2 the party awarding
contract and the contractor shall be signed on May 1 about the progress of the supplementary provisions.

 

5, the supply of engineering materials

 

All engineering required materials provided by the contractor.

 

    	 

    	 

    

 

6, technical standards and quality requirements

 

6.1 host, accessories, accessories and fittings for technical standard and equipment list as shown in the technical agreement.

 

6.2 contractor responsible for the engineering quality condition and deadline:

 

6.2.1 unless the party in violation of the normal operating procedures to use equipment or force majeure events lead to the damage
of equipment, the contractor must be in engineering warranty (national mandatory provisions of laws, regulations and rules shall
prevail) within the overall responsibility for quality of the project;

 

6.2.2 of the quality
of the engineering conditions and period: the warranty period the contractor is responsible for the quality of the project, the
problems in maintenance free of charge, regardless of whether the equipment handover acceptance formalities.

 

6.2.3 warranty period: refers to the contractor to ensure the project won't appear the quality defects or imperfections and to
assume full responsibility for the quality problems occurred during. This contract warranty period from the user end acceptance
of two years from the date of the acceptance formalities.

 

6.3 project quality requirement accord with national standard.

 

7 cost burden

 

Freight, property insurance, handling charge in the process of construction, such as utilities shall be borne by the contractor.

 

8 and the obligations and responsibilities of the party

 

8.1 according to the contract and pay in full payment on time for the payment.

 

    	 

    	 

    

 

8.2 coordinate installation construction unit and the communication work for civil engineering construction unit.

 

8.3 the project before delivery, according to owner's approval of the construction drawings and equipment specifications, technical
appendix of this contract, the construction and quality acceptance specification issued by the state inspection acceptance standards
in a timely manner.

 

9. The contractor obligations and responsibilities

 

9.1 in the contractor consortium in Liaoning
Nengfa Weiya Energy Technology Ltd. as its 660 boiler denitration, dust removal and desulfurization system installation project
of the whole equipment supplier, take the full responsibility about the quality of the whole equipment and installation; Shenyang
Unicom Water Supply Engineering Co., LTD is responsible for the installation of the equipment and Liaoning Nengfa Weiya Energy
Technology Ltd. is responsible for coordinating to solve all of the installation problems.

 

9.2 in accordance with the contractor and the agreed delivery schedule of the equipment on time.

 

9.3 the contractor shall be in strict accordance with the construction acceptance specifications and quality inspection standards
issued by the state, and the owner to confirm the construction drawings and technical accessories design requirements in the organization
construction, to ensure the quality all meet the technical agreement requirements, within the warranty period free repair and maintenance.

 

9.4 the contractor shall be in
strict accordance with the construction drawings and technical annex construction owners confirm, and shall not be
arbitrarily changed the design. If contractor found construction drawings, technical attachment there is an error or serious
unreasonable place, must be a written notice to the party, by the party and the landlord within 7 days to modify or change
design plan before construction are put forward. If the contractor do STH without authorization changes construction content,
the resulting losses shall be borne by the contractor.

 

9.5 in the process of construction of the party construction
contents of found not in conformity with the technical agreement, the party shall have the right to make changes, the
contractor shall immediately correct, the expenses shall be borne by the contractor.

 

    	 

    	 

    

 

9.6 the contractor is responsible for
the relevant departments in the middle of the work of examination and acceptance of, and is responsible for the construction
of dismantling temporary water and electricity, the installation of pipelines, etc, and trash pickup.

 

9.7 the contractor
is responsible for construction site civilization construction.If contractor in construction process of damage or the owners
of the building, floor, equipment, landscaping and other facilities, the contractor shall be responsible for the
compensation, the compensation amount deducted from the proceeds at the time of the party awarding contract pay the
contractor in the project payment.

 

9.8 during the project construction to any form of equipment accident or construction
personnel life or personal injury accident shall be borne by the contractor is responsible for the overall process, and all
the liability to pay compensation;The party awarding contract jointly and severally liable, the contractor dealing with the
responsibility of the party to give a full compensation.

 

9.9 during the period of construction contractor workers
accommodation by the contractor.

 

9.10 the contractor shall submit the relevant owners require completion data and all
qualification certificates, satisfying the requirements of turnkey project.

 

9.11 the contractor to provide
products and services should be in conformity with the relevant environmental protection laws and regulations of the state,
not cause environmental pollution;At the same time, the product also should comply with the owner of occupational safety and
health management system standard requirements, not harm the health product contact. If fails to meet the above provisions,
the party shall have the right to fine seller or cancel this contract, the contractor to take full responsibility and
compensate the loss caused by the party so.

 

10, project acceptance

 

According to the requirements of the technical
agreement.

 

    	 

    	 

    

 

11, objection and deal with the objection

 

11.1 in the final acceptance of the party found that the quality of
the project is not in conformity with the contract requirements, should submit the written objection to the contractor within
the warranty period;Objection problem during processing, the party shall have the right to refuse payment of the contract
price;

 

11.2 written objection during the period of not according to stipulations of the party awarding the contract, as the
delivery of the project conforms to the contract;

 

11.3 the contractor shall be made within 10 days after receiving written
objection of the reply and handle organization, otherwise, as the default objections and deal with the opinions of the party.

 

12, liability for breach of contract

 

12.1 the contractor's liability for breach of contract

 

12.1.1 party b exceeds
the February delivery time stipulated in the contract cannot be delivered in accordance with the requirements of the
contract products, party b can't attain the goal of the contract. Party a has the right to terminate the contract, party b
shall immediately return the payment made by party a and party b pay liquidated damages the equipment total price 5%.

 

 12.1.2 contractor the delivered
engineering quality is not in conformity with the contract or can't use of the party awarding the contract, the contractor
shall be responsible for the repair, and assume for repair, exchange or return and pay the actual cost. Contractor beyond
January delivery time stipulated in the contract cannot repair or exchange to achieve the requirements of the contract, the
contractor can't attain the goal of contract;

 

12.1.3 contractor completed,
overdue shall be counted according to the total contract price as the basis, to pay the overdue delivery of two point percent daily
penalty due to breach of contract of the party, and assume the party other losses incurred from;

 

    	 

    	 

    

 

12.1.4 contractors construction materials do not conform to the contract, the party shall have the right to refuse;

 

12.2 liability for breach of contract of the party

 

12.2.1 halfway to terminate the contract without authorization, shall pay to contractor a total of 5% of the total contract amount
of liquidated damages;

 

12.2.2 late payment, shall be counted according to the overdue payment amount, to the contractor to pay the overdue delivery of
two point percent daily penalty due to breach of contract, and bear other losses suffered by the contractor accordingly.

 

12.2.3 in violation of the contract, refuse acceptance, should bear the actual loss caused to the contractor.

 

13, intellectual property and confidentiality

 

13.1. The contractor of the obligation to keep confidential any technical of the party awarding the contract, shall not, without
the associated with technology "confidential information" disclosed to a third party;Entrusts the contractor of the production
of the product and its components, sample or related data, whether or not complete, the copyright and other intellectual property
rights belong to all of the party.Contractor to ensure the contractor and its employees (including now on-the-job or departure)
confidentiality obligation of this contract items, not by the written consent of the party awarding the contract, the leak in the
third person, with any purpose and reason also shall not exceed the use of the purpose of this contract.

 

13.2. This agreement "confidential information" means any provided by or belong to any personnel of the party group of
the party (whether before or after this contract signing date, whether in writing, email, computer discs, or any other media) are
associated with the matters entrusted to the contractor or related information, including but not limited to any of the product
information, design drawings, operation records, process technology, product planning, or market opportunities and business affairs,
etc.;

 

13.3, the contractor in violation of these regulations, shall compensate the cost so of the party awarding the contract, the contractor's
employees in violation of these regulations, shall be regarded as the contractor companies default, the contractor shall bear the
liability for breach of contract.

 

    	 

    	 

    

 

14 and force majeure

 

The party awarding contract and the contractor of any party due to force majeure cause fails to fulfill or not completely to perform
the contract, shall be promptly notified to the other party not completely to perform the contract or can not reason, and provided
within 30 days of that request each other to allow delay, part to perform or not perform, and according to some or all of the exempted
from be liable for breach of contract.

 

15, dispute resolution,

 

Disputes arising during the performance of this contract, the first by the party awarding contract and the contractor a negotiated
solution;If consultation fails, any party can, in accordance with the people's court of the place where the contract is signed.

 

16, other

 

16.1 according to this contract party shall pay the other party's breach of contract damages and compensatory damages, storage,
maintenance, and other economic losses, shall, within 10 days after parties request the other party to pay;

 

16.2 this contract since the three party representative shall become effective upon the signature and stamp the special seal for
contract.After the party awarding contract and the contractor shall perform the contract obligation, contract termination.The period
of validity of the contract, the party awarding contract and the contractor shall not be arbitrarily changed or terminate the contract;

 

16.3 matters not supplement agreement negotiated by the party awarding contract and the contractor shall be separately.

 

    	 

    	 

    

 

16.4 this contract attachments have the same legal effect with this contract, this contract accessory include:

 

16.4.1 its 660 boiler dust removal and desulfurization engineering technical agreement

 

16.4.2 its 660 boiler denitration project technical agreement

 

16.4.3 its 660 boiler dust removal and desulfurization engineering equipment list

 

16.4.4 its 660 boiler denitration engineering equipment list

 

16.5 work content including but not limited to equipment list, all the technical agreement shall prevail.

 

16.6 the original contract and pure copies, three copies of the party awarding the contract, the contractor boss.

 

	
        Beijing Longsheng Jingying Environmental
        Protect Ltd.

        Company address: Beijing Haidian District
        ,Zhongguancun East Road ,no.1 and no.3 floor, room 406

        The legal representative or the entrusted
        agent:

         

         

         

        Zip code:
        100084

        Telephone:
        010-67474613

        The true:
        010-67474613

        Bank:
        bank of agribusiness, chaoyang branch,

        Beijing
        is too small local branch

        Bank account number: 0112030103020039176
	
        Liaoning Nengfa Weiye Energy Technology
        Ltd

        Company address:
        Liaoning Tieling City Yingzhou Industrial Park , Liaohai Road 39

         

         

        The legal representative or the entrusted
        agent:

         

         

         

         

        Zip code: 110031
        Telephone: 024-25857979
        Fax: 024-25857979
        Bank: Shanghai pudong development bank shenyang branch
        Bank account number: 71010154500006298

	 	Shenyang unicom water supply engineering co., LTD
Units designated collection (contractor)
Company address: shen, 21 XinYang road in the north new district in shenyang
The legal representative or the entrusted agent:
 
 
 
Zip code : 110000
Telephone: 024-28117171
The true: 024-28117558-8017
Bank: Shanghai pudong development bank shenyang branch
Bank account number: 71010154740009563THIS
NOTE AND THE SECURITIES ISSUABLE UPON CONVERSION OF THIS NOTE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”), OR UNDER THE SECURITIES LAWS OF APPLICABLE STATES. THIS NOTE IS SUBJECT TO RESTRICTIONS ON TRANSFERABILITY
AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS PURSUANT
TO REGISTRATION OR EXEMPTION THEREFROM.

 

CONVERTIBLE PROMISSORY NOTE

OF

eFLEETS Corporation

 

 

	61,796 Swiss francs	June 4, 2014

 

For
Value Received, eFLEETS CORPORATION, a Nevada corporation, (the “Company”), with principal
offices located at 7660 Pebble Drive, Fort Worth, Texas 76118, hereby promises to pay to the order of Koukis Holdings , SA 
(the “Holder”), upon the earlier to occur of (i) the Maturity Date or (ii) when declared due and
payable by the Holder after the occurrence and during the continuance of an Event of Default (as defined below), the principal
amount of sixty one thousand seven hundred ninety six Swiss francs (61,796 CHF), plus interest from and including the date
hereof on the principal balance at a rate per annum equal to eight percent (8.0%) payable at the Maturity Date. All payments by
the Company under this Note shall be made in immediately available funds.

 

Nothing in this Note
shall require the Company to pay interest at a rate in excess of the maximum rate permitted by applicable law. Any interest payable
hereunder or under any other instrument relating to the indebtedness evidenced hereby that is in excess of the maximum rate permitted
by applicable law shall, in the event of acceleration of maturity, late payment, prepayment, or otherwise, be applied to a reduction
of the then outstanding indebtedness evidenced hereby and not to the payment of interest. If such excessive interest exceeds the
unpaid balance of the outstanding indebtedness, such excess shall be refunded to the Company. To the extent not prohibited by applicable
law, determination of the maximum rate permitted by applicable law shall at all times be made by amortizing, prorating, allocating
and spreading in equal parts during the full term of the indebtedness evidenced hereby, all interest at any time contracted for,
charged or received from the Company in connection with the indebtedness evidenced hereby, so that the actual rate of interest
on account of such indebtedness is uniform throughout the term thereof.

 

The following is a
statement of the rights of Holder and the conditions to which this Note is subject, and to which the Company and the Holder hereof,
by the acceptance of this Note, agrees:

 

1.            Definitions. The following definitions shall apply for all purposes of this Note:

 

1.1            “Business Day” means any day other than a Saturday or Sunday or a day on which banks in Fort Worth,
Texas are authorized or required by law to be closed.

 

1.2            “Common Stock” means the $0.001 par value common stock of the Company.

 

    	 

    	 

    

 

1.3            “Company” means the “Company” as defined above and includes any corporation or Person
which shall succeed to or assume the obligations of the Company under this Note.

 

1.4            “Conversion Stock” means the shares of capital stock of the Company issuable upon
conversion of this Note in accordance with Section 3 hereof.

 

1.5            “Convertible Securities” means any evidence of indebtedness, shares (other than Common Stock)
or other securities convertible into or exchangeable for Common Stock.

 

1.6            “Event of Default” shall have the meaning as set forth in Section 5.1 hereof.

 

1.7            “Exchange Act” means the Securities Exchange Act of 1934, as amended.

 

1.8            “Holder” means the “Holder” as defined above or any Person who shall become the registered
holder of this Note on the books of the Company.

 

1.9            “Options” means options, rights or warrants to subscribe for, purchase, or otherwise acquire Common
Stock or any other capital stock of the Company, or Convertible Securities.

 

1.10            “Outstanding Balance” means the unpaid principal amount due under this Note together with any
then unpaid accrued interest.

 

1.11            “Person” means an individual, a partnership, a corporation, a limited liability company, an association,
a joint stock company, a trust, a joint venture, an unincorporated organization or any other business entity.

 

1.12            “Purchase
Price” means the per share price of $0.40, post-split price or $1.00, pre-split price.

 

1.13            “Reverse Merger” means the merger of the Company with a so-called “public shell company”
as a result of which the Company becomes subject to the public reporting requirements of the Exchange Act.

 

1.14            “Warrants” means the warrants to purchase Common Stock issued in conjunction with this Note on
even date herewith pursuant to the terms of this Note and the Warrant Certificate.

 

2.            Repayment. Subject to the other provisions of this Note, the Outstanding Balance shall be due and payable
in cash on the first annual anniversary date of this Note.

 

3.            Conversion.

 

3.1            Conversion at Holder’s Option. For so long as this Note is outstanding, the Holder shall have the option
and right to convert all or a portion of the Outstanding Balance of this Note into the Company’s Common Stock at the Purchase
Price (the “Conversion Right”).

 

3.2            Required Notice. The Holder may exercise its option to convert the Outstanding Balance of this Note into shares
of the Company’s Common Stock by (a) surrendering this Note for cancellation (or a notice to the effect that the original
Note has been lost, stolen or destroyed and an agreement acceptable to the Company whereby the Holder agrees to indemnify the Company
from any loss incurred by it in connection with this Note) and (b) giving not less than five (5) Business Days’ written
notice to the Company at its principal corporate office of the election to convert the same
pursuant to Section 3.1, including the amount of the unpaid principal amount of this Note to be converted. Such conversion
shall be deemed to have been made immediately prior to the close of business on the date of such surrender of this Note.

 

    	2

    	 

    

 

3.3            Anti-Dilution Adjustments. The anti-dilution adjustments described in this Section 3.3 shall be made in the
manner herein provided with respect to the “Conversion Right”.

 

(a)            Reclassification, Consolidation or Merger. In case of any reclassification or change of outstanding securities issuable
upon exercise of the Conversion Right, or in case of any consolidation or merger of the Company with or into another corporation
or a partnership (other than a merger with another corporation or a partnership in which the Company is the surviving corporation
and which does not result in any reclassification or change of outstanding securities issuable upon exercise of such Conversion
Right), or in case of any sale or transfer to another corporation of the property of the Company as an entirety or substantially
as an entirety, then the Company, or such successor or purchasing corporation, as the case may be, shall, without payment of any
additional consideration therefor, issue new securities of the Company or of the successor or purchasing corporation, as the case
may be (the "Substitute Securities"), to Holder on the terms set forth in this Section 3.3. Such Substitute Securities
shall be convertible on terms as nearly equivalent as practical to the terms set forth herein for the exercise of the Conversion
Right into the kind and amount of shares of stock, other securities, money and property that such Holder would have received at
the time of such reclassification, change, consolidation, merger, sale or transfer, if such Holder had exercised the Conversion
Right of such Holder immediately prior to such reclassification, change, consolidation, merger, sale or transfer. Such Substitute
Securities shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided
for in this Section 3.3. The provisions of this Section 3.3 shall similarly apply to successive reclassifications, changes, consolidations,
mergers, sales and transfers.

 

(b)            Subdivision or Combination of Shares. If the Company at any time while any of this Note is outstanding, shall subdivide
or combine its Common Stock, the Purchase Price shall be proportionately decreased, in case of subdivision of shares, as of the
effective date of such subdivision, or if the Company shall take a record of holders of its Common Stock for the purpose of so
subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of
shares, as of the effective date of such combination or, if the Company shall take a record of holders of its Common Stock for
the purpose of so combining, as of such record date, whichever is earlier.

 

(c)            Stock Dividends. If the Company, at any time while this Note is outstanding, shall pay a dividend or make any other
distribution to holders of Common Stock payable in Common Stock, the Purchase Price shall be adjusted, as of the date the Company
shall take a record of the holders of its Common Stock for the purpose of receiving such dividend or other distribution (or if
no such record is taken, as of the date of such payment or other distribution), to that price determined by dividing the Purchase
Price in effect immediately prior to such record or distribution date by a fraction of which (i) the numerator shall be the total
number of shares of Common Stock outstanding immediately after such dividend or distribution and (ii) the denominator shall be
the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution.

 

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(d)            Company’s Report as to Adjustments. In each case of any adjustment in the Purchase Price, the Company, at its
sole expense, shall promptly (i) compute such adjustment in accordance with the terms of this Agreement; (ii) prepare a report
setting forth such adjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such
adjustment is based (including, without limitation, (a) the event or events giving rise to such adjustment; (b) the method by which
any such adjustment was calculated; and (c) the Purchase Price in effect immediately prior to such event or events and as adjusted);
(iii) mail a copy of each such report to the Holder; and (iv) keep copies of all such reports available at its principal place
of business for inspection during normal business hours by the Holder or any prospective purchaser of this Note, and upon request
by the Holder provide copies thereof to such Investor or any such prospective purchaser.

 

4.            Surrender; Issuance of Conversion Stock; Termination of Rights. Concurrently with any conversion of this
Note, the Holder shall surrender this Note to the Company for cancellation, or deliver an executed affidavit of loss, damage or
mutilation and agreement to indemnify the Company therefrom, in form reasonably requested by the Company. Concurrently with the
surrender of this Note (or affidavit), the Company at its expense, will cause to be issued in the name of and delivered to the
Holder, the number of shares of Conversion Stock to which the Holder shall be entitled upon such conversion (bearing such legends
as may be required by applicable state and federal securities laws in the reasonable opinion of legal counsel of the Company, or
by any written agreement between the Company and the Holder) and any other securities and property to which the Holder is entitled
upon such conversion under the terms of this Note. Such stock shall be reserved first as satisfaction of the accrued interest under
the Note. If upon any conversion of this Note, a fraction of a share would otherwise result, then in lieu of such fractional share,
the Company will pay to the Holder the cash value thereof, calculated on the basis of the applicable Purchase Price. Notwithstanding
the foregoing, all rights with respect to this Note shall terminate immediately after the conversion of this Note (and corresponding
payment of interest in stock) in accordance with the terms hereof, whether or not this Note has been surrendered, and this Note
shall represent only the right to receive one or more stock certificates from the Company representing the applicable number of
shares of Conversion Stock. The Company shall have 15 days after surrender of a Note for conversion to issue certificates evidencing
Conversion Stock.

 

5.            Default.

 

5.1            Events of Default. Each of the following shall constitute an event of default (each an “Event of Default”):

 

(a)            the Company fails to make any payment under this Note when the same becomes due and payable and such default shall continue
for a period of twelve (12) days;

 

(b)            the Company shall (i) apply for or consent to the appointment of a receiver, trustee, liquidator or custodian of itself
or of all or a substantial part of its property, (ii) be unable, or admit in writing its inability, to pay its debts generally
as they mature, (iii) make a general assignment for the benefit of it or any of its creditors, (iv) be dissolved or liquidated,
(v) become insolvent (as such term may be defined or interpreted under any applicable statute), (vi) commence a voluntary
case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy,
insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession
of its property by any official in an involuntary case or other proceeding commenced against it, or (vii) take any action
for the purpose of effecting any of the foregoing; or

 

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(c)            Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial
part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with
respect to Company or the debts thereof under any bankruptcy, insolvency or other similar law now or hereafter in effect shall
be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days
of commencement.

 

5.2            Remedies upon Event of Default. Upon the occurrence of an Event of Default, the entire Outstanding Balance shall,
after five days written notice from Holder, automatically become immediately due and payable to the Holder without presentment,
demand, protest or notice of any kind, all of which are hereby expressly waived and the Company shall promptly pay to Holder all
such amounts. In addition, the Company hereby agrees to pay to Holder all reasonable out-of-pocket costs and expenses incurred
by Holder in any effort to collect any amount due under this Note.

 

6.            Affirmative Covenants. So long as any of the Notes remain outstanding, the Company shall:

 

6.1            Compliance with Laws. Comply in all material respects with applicable laws, rules, regulations and orders, such compliance
to include, without limitations, paying before the same become delinquent all taxes, assessments, and governmental charges imposed
upon it or upon its property except for good faith contests for which adequate reserves are maintained.

 

6.2            Continuance of Business. Maintain its corporate existence and licenses necessary to conduct its business as presently
conducted or proposed to be conducted, in good standing under, and in material compliance with, all applicable laws and continue
to operate the business conducted by the Company and its subsidiaries in accordance with its operating plan, as approved by its
Board of Directors from time to time.

 

6.3            Reservation of Shares. At all times have authorized and reserved, and will keep available solely for delivery upon
the conversion of this Note, Common Stock and other securities and property as from time to time shall be receivable upon the conversion
of this Note, free and clear of all restrictions on issuance, sale or transfer other than those imposed by law and free and clear
of all pre-emptive rights.

 

7.            Warrants. In conjunction with Holder making this loan to the Company, the Company agrees to contemporaneously
issue the Warrants to Holder for the purchase of 69,000 pre-split shares of the Company’s Common Stock at the Purchase Price
(the “Warrants”), at any time or from time to time prior to 5:00 P.M., Central Standard Time, June 4, 2019 (such date,
the “Expiration Date”). If the anti-dilution provisions under Section 3.3 of this Note result in an adjustment
in Holder’s Conversion Right, then a similar adjustment will be made to the number of shares of Common Stock or other property
that Holder is entitled to, and the price payable for same, pursuant to the Warrants. The Warrants may be exercised in whole or
part in the same manner provided for a conversion under Section 3.2 and Section 4.

 

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8.            No Rights or Liabilities as Equity Holder.  This Note does not by itself entitle the Holder to any voting
rights or other rights as a holder of stock of the Company. In the absence of conversion of this Note, no provisions of this Note,
and no enumeration herein of the rights or privileges of the Holder, shall cause the Holder to be a holder of stock of the Company
for any purpose.

 

9.            Prepayment. The Company may prepay (in whole or in part) the Outstanding Balance of this Note after giving
the Holder 10 Business Days notice of such intent so as to provide the Holder an opportunity to convert this Note into Common Stock.

 

10.            Waivers and Amendments. No delay or omission on the part of the Holder in exercising any right hereunder
shall operate as a waiver of such right or of any other right of the Holder, nor shall any such delay, omission or waiver on any
one occasion be deemed a bar to or waiver of the same or any other right on any future occasion. This Note may not be amended,
waived or modified except by a written instrument signed by the Holder and the Company.

 

11.            Assignment. The rights, interests or obligations hereunder may not be assigned, by operation of law or
otherwise, in whole or in part, by the Company without the prior written consent of the Holder. Subject to the preceding sentence,
the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns
of the parties. Nothing in this document, expressed or implied, is intended to confer upon any third party any rights, remedies,
obligations, or liabilities under or by reason of this document, except as expressly provided in this document.

 

12.            Governing Law. This Note shall be governed by and construed under the internal laws of the State of Texas
without reference to principles of conflict of laws or choice of laws.

 

13.            Headings. The headings and captions used in this Note are used only for convenience and are not to be
considered in construing or interpreting this Note. All references in this Note to sections and exhibits shall, unless otherwise
provided, refer to sections hereof and exhibits attached hereto, all of which exhibits are incorporated herein by this reference.

 

14.            Severability.  In the event that any provision of this Note becomes void or is declared by a court of
competent jurisdiction to be illegal, unenforceable or void, portions of such provision, or such provision in its entirety, to
the extent necessary, shall be severed from this Agreement, and such court (or the parties hereto, pursuant to Section 11 hereof,
if such court declines to do so) shall replace such illegal, void or unenforceable provision of this Note with a valid and enforceable
provision that will achieve, to the greatest extent possible, the same economic, business and other purposes of the illegal, void
or unenforceable provision. The balance of this Note shall remain enforceable in accordance with its terms.

 

    	6

    	 

    

 

IN WITNESS WHEREOF,
the Company has caused this Convertible Promissory Note to be executed in its name as of the date first above written.

 

 

	COMPANY:	 	 	 	 
	 	 	 	 	 	 
	eFLEETS CORPORATION	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By:	 	 	 	 	 
	 	James R. Emmons,	 	 	 	 
	 	President	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	AGREED AND ACKNOWLEDGED:	 	 	 	 
	 	 	 	 	 	 
	HOLDER:	 	 	 	 
	 	 	 	 	 	 
	Koukis Holdings, SA	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By:	 	 	 	 	 
	Name:	 	 	 	 	 
	Title:	 	 	 	 	 
	 	 	 	 	 	 
	Address:	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

 

    	7

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