Document:

EXHIBIT 10.1 

   

 CUMBERLAND HILLS LTD. 

 (a
Nevada corporation) 

   

    

 5%
Promissory Note 

   

   

	 $40,000.00 	 Newport Beach, California 

         January 21, 2012 

   

		 1. 	 Note  .
                                                                                                                                  FOR
                                                                                                                                 VALUE
                                                                                                                                 RECEIVED,
                                                                                                                                 Cumberland
                                                                                                                                 Hills
                                                                                                                                 Ltd.,
                                                                                                                                 a
                                                                                                                                 Nevada
                                                                                                                                 corporation
                                                                                                                                 (the
                                                                                                                                 “Company”
                                                                                                                                 or
                                                                                                                                 the
                                                                                                                                 “Borrower”),
                                                                                                                                 hereby
                                                                                                                                 promises
                                                                                                                                 to
                                                                                                                                 pay
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 order
                                                                                                                                 of
                                                                                                                                 Mrs.
                                                                                                                                 Elizabeth
                                                                                                                                 Smith
                                                                                                                                 (the
                                                                                                                                 “Holder”)
                                                                                                                                 the
                                                                                                                                 amount
                                                                                                                                 of
                                                                                                                                 $40,000.00
                                                                                                                                 on
                                                                                                                                 April
                                                                                                                                 4,
                                                                                                                                 2014
                                                                                                                                 (“Due
                                                                                                                                 Date”)
                                                                                                                                 and
                                                                                                                                 to
                                                                                                                                 pay
                                                                                                                                 interest
                                                                                                                                 at
                                                                                                                                 the
                                                                                                                                 rate
                                                                                                                                 of
                                                                                                                                 five
                                                                                                                                 (5
                                                                                                                                 %)
                                                                                                                                 per
                                                                                                                                 annum
                                                                                                                                 on
                                                                                                                                 the
                                                                                                                                 outstanding
                                                                                                                                 principal.
                                                                                                                                 Interest
                                                                                                                                 payments
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 made
                                                                                                                                 with
                                                                                                                                 principal
                                                                                                                                 on
                                                                                                                                 the
                                                                                                                                 due
                                                                                                                                 date,
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 in
                                                                                                                                 lawful
                                                                                                                                 money
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 United
                                                                                                                                 States,
                                                                                                                                 or
                                                                                                                                 at
                                                                                                                                 such
                                                                                                                                 other
                                                                                                                                 place
                                                                                                                                 as
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 may
                                                                                                                                 specify
                                                                                                                                 in
                                                                                                                                 writing. 

   

		 2. 	 Default  .
                                                                                                                                  In
                                                                                                                                 the
                                                                                                                                 event
                                                                                                                                 of
                                                                                                                                 an
                                                                                                                                 occurrence
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 event
                                                                                                                                 of
                                                                                                                                 default
                                                                                                                                 specified
                                                                                                                                 below,
                                                                                                                                 the
                                                                                                                                 principal
                                                                                                                                 and
                                                                                                                                 all
                                                                                                                                 accrued
                                                                                                                                 interest
                                                                                                                                 on
                                                                                                                                 the
                                                                                                                                 Note
                                                                                                                                 shall
                                                                                                                                 become
                                                                                                                                 immediately
                                                                                                                                 due
                                                                                                                                 and
                                                                                                                                 payable
                                                                                                                                 without
                                                                                                                                 notice,
                                                                                                                                 except
                                                                                                                                 as
                                                                                                                                 specified
                                                                                                                                 below.
                                                                                                                                 The
                                                                                                                                 occurrence
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 following
                                                                                                                                 events
                                                                                                                                 shall
                                                                                                                                 constitute
                                                                                                                                 an
                                                                                                                                 event
                                                                                                                                 of
                                                                                                                                 default
                                                                                                                                 under
                                                                                                                                 this
                                                                                                                                 Note: 

   

		 2.1 	 The Company fails to make any
                                                               payment hereunder when due, which failure has not been cured within
                                                               thirty (30) days following such failure. 

   

		 2.2 	 If the Borrower shall file a
                                                               petition to take advantage of any insolvency act; make an assignment
                                                               for the benefit of its creditors; commence a proceeding for the
                                                               appointment of a receiver, trustee, liquidator or conservator of
                                                               itself of a whole or any substantial part of its property; file
                                                               a petition or answer seeking reorganization or arrangement or similar
                                                               relief under the federal bankruptcy laws or any other applicable
                                                               law or statute of the United States of America or any state; or 

   

		 2.3 	 If a court of competent jurisdiction
                                                               shall enter an order, judgment or decree appointing a custodian,
                                                               receiver, trustee, liquidator or conservator of the Borrower or
                                                               of the whole or any substantial part of its properties, or approve
                                                               a petition filed against the Borrower seeking reorganization or
                                                               arrangement or similar relief under the federal bankruptcy laws
                                                               or any other applicable law or statute of the United States of
                                                               America or any state; or if, under the provisions of any other
                                                               law for the relief or aid of debtors, a court of competent jurisdiction
                                                               shall assume custody or control of the Borrower or of the whole
                                                               or any substantial part of its properties; or if there is commenced
                                                               against the Borrower any proceeding for any of the foregoing relief
                                                               and such proceeding or petition remains undismissed for a period
                                                               of thirty (30) days; or if the Borrower by any act indicates its
                                                               consent to or approval of any such proceeding or petition; or 

   

		 3. 	 Prepayment.
                                                                                                                                  Borrower
                                                                                                                                 may
                                                                                                                                 prepay
                                                                                                                                 any
                                                                                                                                 or
                                                                                                                                 all
                                                                                                                                 amounts
                                                                                                                                 due
                                                                                                                                 under
                                                                                                                                 this
                                                                                                                                 Note
                                                                                                                                 at
                                                                                                                                 any
                                                                                                                                 time
                                                                                                                                 from
                                                                                                                                 the
                                                                                                                                 date
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Note
                                                                                                                                 at
                                                                                                                                 one
                                                                                                                                 hundred
                                                                                                                                 percent
                                                                                                                                 (100%)
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 principal
                                                                                                                                 amount
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Note
                                                                                                                                 together
                                                                                                                                 with
                                                                                                                                 accrued
                                                                                                                                 interest;
                                                                                                                                 provided,
                                                                                                                                 however,
                                                                                                                                 that
                                                                                                                                 Borrower,
                                                                                                                                 as
                                                                                                                                 a
                                                                                                                                 condition
                                                                                                                                 to
                                                                                                                                 prepayment
                                                                                                                                 of
                                                                                                                                 some
                                                                                                                                 or
                                                                                                                                 all
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 balance
                                                                                                                                 hereof,
                                                                                                                                 shall
                                                                                                                                 deliver
                                                                                                                                 written
                                                                                                                                 notice
                                                                                                                                 of
                                                                                                                                 its
                                                                                                                                 intention
                                                                                                                                 to
                                                                                                                                 prepay
                                                                                                                                 at
                                                                                                                                 least
                                                                                                                                 thirty
                                                                                                                                 (30)
                                                                                                                                 calendar
                                                                                                                                 days
                                                                                                                                 prior
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 date
                                                                                                                                 of
                                                                                                                                 such
                                                                                                                                 prepayment
                                                                                                                                 (“Prepayment
                                                                                                                                 Date”). 

 

    	 

    	 

    

    

		 4. 	 Notices.
                                                                                                                                  Any
                                                                                                                                 notice
                                                                                                                                 herein
                                                                                                                                 required
                                                                                                                                 or
                                                                                                                                 permitted
                                                                                                                                 to
                                                                                                                                 be
                                                                                                                                 given
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 in
                                                                                                                                 writing
                                                                                                                                 and
                                                                                                                                 may
                                                                                                                                 be
                                                                                                                                 personally
                                                                                                                                 served,
                                                                                                                                 sent
                                                                                                                                 by
                                                                                                                                 United
                                                                                                                                 States
                                                                                                                                 Mail,
                                                                                                                                 certified,
                                                                                                                                 or
                                                                                                                                 by
                                                                                                                                 overnight
                                                                                                                                 delivery
                                                                                                                                 service.
                                                                                                                                 For
                                                                                                                                 the
                                                                                                                                 purposes
                                                                                                                                 hereof,
                                                                                                                                 the
                                                                                                                                 address
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 and
                                                                                                                                 the
                                                                                                                                 address
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Company
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 as
                                                                                                                                 reflected
                                                                                                                                 in
                                                                                                                                 the
                                                                                                                                 Subscription
                                                                                                                                 Agreement
                                                                                                                                 between
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 and
                                                                                                                                 the
                                                                                                                                 Company
                                                                                                                                 of
                                                                                                                                 even
                                                                                                                                 date
                                                                                                                                 herewith.
                                                                                                                                 Both
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 and
                                                                                                                                 the
                                                                                                                                 Company
                                                                                                                                 may
                                                                                                                                 change
                                                                                                                                 the
                                                                                                                                 address
                                                                                                                                 for
                                                                                                                                 service
                                                                                                                                 by
                                                                                                                                 written
                                                                                                                                 notice
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 other
                                                                                                                                 as
                                                                                                                                 herein
                                                                                                                                 provided. 

   

		 5. 	 No
                                                                                                                                 Waiver
                                                                                                                                 Rights
                                                                                                                                 and
                                                                                                                                 Remedies
                                                                                                                                 Cumulative.
                                                                                                                                  No
                                                                                                                                 failure
                                                                                                                                 on
                                                                                                                                 the
                                                                                                                                 part
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 to
                                                                                                                                 exercise,
                                                                                                                                 and
                                                                                                                                 no
                                                                                                                                 delay
                                                                                                                                 in
                                                                                                                                 exercising
                                                                                                                                 any
                                                                                                                                 right
                                                                                                                                 hereunder
                                                                                                                                 shall
                                                                                                                                 operate
                                                                                                                                 as
                                                                                                                                 a
                                                                                                                                 waiver
                                                                                                                                 thereof;
                                                                                                                                 nor
                                                                                                                                 shall
                                                                                                                                 any
                                                                                                                                 single
                                                                                                                                 or
                                                                                                                                 partial
                                                                                                                                 exercise
                                                                                                                                 by
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 right
                                                                                                                                 hereunder
                                                                                                                                 preclude
                                                                                                                                 any
                                                                                                                                 other
                                                                                                                                 or
                                                                                                                                 further
                                                                                                                                 exercise
                                                                                                                                 thereof
                                                                                                                                 or
                                                                                                                                 the
                                                                                                                                 exercise
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 other
                                                                                                                                 right.
                                                                                                                                 The
                                                                                                                                 rights
                                                                                                                                 and
                                                                                                                                 remedies
                                                                                                                                 herein
                                                                                                                                 provided
                                                                                                                                 are
                                                                                                                                 cumulative
                                                                                                                                 and
                                                                                                                                 not
                                                                                                                                 exclusive
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 remedies
                                                                                                                                 or
                                                                                                                                 rights
                                                                                                                                 provided
                                                                                                                                 by
                                                                                                                                 law
                                                                                                                                 or
                                                                                                                                 by
                                                                                                                                 any
                                                                                                                                 other
                                                                                                                                 agreement
                                                                                                                                 between
                                                                                                                                 the
                                                                                                                                 Borrower
                                                                                                                                 and
                                                                                                                                 the
                                                                                                                                 Holder. 

   

		 6. 	 Amendments.
                                                                                                                                  No
                                                                                                                                 amendment,
                                                                                                                                 modification
                                                                                                                                 or
                                                                                                                                 waiver
                                                                                                                                 of
                                                                                                                                 any
                                                                                                                                 provision
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Note
                                                                                                                                 nor
                                                                                                                                 consent
                                                                                                                                 to
                                                                                                                                 any
                                                                                                                                 departure
                                                                                                                                 by
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 therefrom
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 effective
                                                                                                                                 unless
                                                                                                                                 the
                                                                                                                                 same
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 in
                                                                                                                                 writing
                                                                                                                                 and
                                                                                                                                 signed
                                                                                                                                 by
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 and
                                                                                                                                 then
                                                                                                                                 such
                                                                                                                                 waiver
                                                                                                                                 or
                                                                                                                                 consent
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 effective
                                                                                                                                 only
                                                                                                                                 in
                                                                                                                                 the
                                                                                                                                 specific
                                                                                                                                 instance
                                                                                                                                 and
                                                                                                                                 for
                                                                                                                                 the
                                                                                                                                 specific
                                                                                                                                 purpose
                                                                                                                                 for
                                                                                                                                 which
                                                                                                                                 given. 

   

		 7. 	 Successors
                                                                                                                                 and
                                                                                                                                 Assigns.
                                                                                                                                  This
                                                                                                                                 Note
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 binding
                                                                                                                                 upon
                                                                                                                                 the
                                                                                                                                 Borrower
                                                                                                                                 and
                                                                                                                                 its
                                                                                                                                 successors
                                                                                                                                 and
                                                                                                                                 assigns
                                                                                                                                 and
                                                                                                                                 the
                                                                                                                                 terms
                                                                                                                                 hereof
                                                                                                                                 shall
                                                                                                                                 inure
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 benefit
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 Holder
                                                                                                                                 and
                                                                                                                                 its
                                                                                                                                 successors
                                                                                                                                 and
                                                                                                                                 assigns,
                                                                                                                                 including
                                                                                                                                 subsequent
                                                                                                                                 holders
                                                                                                                                 hereof. 

   

		 8. 	 Severability.
                                                                                                                                  The
                                                                                                                                 provisions
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Note
                                                                                                                                 are
                                                                                                                                 severable,
                                                                                                                                 and
                                                                                                                                 if
                                                                                                                                 any
                                                                                                                                 provision
                                                                                                                                 shall
                                                                                                                                 be
                                                                                                                                 held
                                                                                                                                 invalid
                                                                                                                                 or
                                                                                                                                 unenforceable
                                                                                                                                 in
                                                                                                                                 whole
                                                                                                                                 or
                                                                                                                                 in
                                                                                                                                 part
                                                                                                                                 in
                                                                                                                                 any
                                                                                                                                 jurisdiction,
                                                                                                                                 then
                                                                                                                                 such
                                                                                                                                 invalidity
                                                                                                                                 or
                                                                                                                                 unenforceability
                                                                                                                                 shall
                                                                                                                                 not
                                                                                                                                 in
                                                                                                                                 any
                                                                                                                                 manner
                                                                                                                                 affect
                                                                                                                                 such
                                                                                                                                 provision
                                                                                                                                 in
                                                                                                                                 any
                                                                                                                                 other
                                                                                                                                 jurisdiction
                                                                                                                                 or
                                                                                                                                 any
                                                                                                                                 other
                                                                                                                                 provision
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Note
                                                                                                                                 in
                                                                                                                                 any
                                                                                                                                 jurisdiction. 

   

		 9. 	 Waiver
                                                                                                                                 of
                                                                                                                                 Notice.
                                                                                                                                  The
                                                                                                                                 Borrower
                                                                                                                                 hereby
                                                                                                                                 waives
                                                                                                                                 presentment,
                                                                                                                                 demand
                                                                                                                                 for
                                                                                                                                 payment,
                                                                                                                                 notice
                                                                                                                                 of
                                                                                                                                 protest
                                                                                                                                 and
                                                                                                                                 all
                                                                                                                                 other
                                                                                                                                 demands
                                                                                                                                 in
                                                                                                                                 connection
                                                                                                                                 with
                                                                                                                                 the
                                                                                                                                 delivery,
                                                                                                                                 acceptance,
                                                                                                                                 performance,
                                                                                                                                 default
                                                                                                                                 or
                                                                                                                                 enforcement
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Note. 

   

		 10. 	 Governing
                                                                                                                                  Law.
                                                                                                                                   This
                                                                                                                                  Note
                                                                                                                                  has
                                                                                                                                  been
                                                                                                                                  executed
                                                                                                                                  in
                                                                                                                                  and
                                                                                                                                  shall
                                                                                                                                  be
                                                                                                                                  governed
                                                                                                                                  by
                                                                                                                                  the
                                                                                                                                  laws
                                                                                                                                  of
                                                                                                                                  the
                                                                                                                                  State
                                                                                                                                  of
                                                                                                                                  Nevada 

   

		 11. 	 Exchange
                                                                                                                                  and
                                                                                                                                  Replacement
                                                                                                                                  of
                                                                                                                                  Note.
                                                                                                                                   Upon
                                                                                                                                  surrender
                                                                                                                                  of
                                                                                                                                  this
                                                                                                                                  Note
                                                                                                                                  to
                                                                                                                                  the
                                                                                                                                  Borrower,
                                                                                                                                  the
                                                                                                                                  Borrower
                                                                                                                                  shall
                                                                                                                                  execute
                                                                                                                                  and
                                                                                                                                  deliver,
                                                                                                                                  at
                                                                                                                                  its
                                                                                                                                  expense,
                                                                                                                                  one
                                                                                                                                  or
                                                                                                                                  more
                                                                                                                                  new
                                                                                                                                  Notes
                                                                                                                                  of
                                                                                                                                  such
                                                                                                                                  denominations
                                                                                                                                  and
                                                                                                                                  in
                                                                                                                                  such
                                                                                                                                  names,
                                                                                                                                  as
                                                                                                                                  requested
                                                                                                                                  by
                                                                                                                                  the
                                                                                                                                  holder
                                                                                                                                  of
                                                                                                                                  the
                                                                                                                                  surrendered
                                                                                                                                  Note.
                                                                                                                                  Upon
                                                                                                                                  receipt
                                                                                                                                  of
                                                                                                                                  evidence
                                                                                                                                  satisfactory
                                                                                                                                  to
                                                                                                                                  the
                                                                                                                                  Company
                                                                                                                                  of
                                                                                                                                  the
                                                                                                                                  loss,
                                                                                                                                  theft,
                                                                                                                                  mutilation,
                                                                                                                                  or
                                                                                                                                  destruction
                                                                                                                                  of
                                                                                                                                  any
                                                                                                                                  Note,
                                                                                                                                  the
                                                                                                                                  Borrower
                                                                                                                                  will
                                                                                                                                  make
                                                                                                                                  and
                                                                                                                                  deliver
                                                                                                                                  a
                                                                                                                                  new
                                                                                                                                  Note
                                                                                                                                  of
                                                                                                                                  like
                                                                                                                                  tenor
                                                                                                                                  at
                                                                                                                                  the
                                                                                                                                  request
                                                                                                                                  of
                                                                                                                                  the
                                                                                                                                  holder
                                                                                                                                  of
                                                                                                                                  such
                                                                                                                                  Note. 

   

 IN WITNESS
WHEREOF, the Company has caused this Note to be signed by its authorized officers as of the 21st day of January, 2012. 

   

	   	 CUMBERLAND HILLS LTD. 
	   	   
	   	 By:  	 /s/
    Joseph Isaacs 
	   	   	 Joseph Isaacs, CEO and PresidentESCROW AGREEMENT

 

THIS AGREEMENT made and entered
into this 12thday of July, 2012, by and between DIGNYTE, Inc. (“registrant” and also referred
to as “Company”)and Andreas A. McRobbie-Johnson, whose address is 6081 W. Park Avenue,Chandler, AZ 85226-1190
( together the “Client”); and Evolve Bank & Trust, as escrow agent (“Escrow Agent”).

 

WITNESSETH:

 

WHEREAS, the Client has established
an escrow account in which up to $100,000 (the “Funds”) may be deposited;

 

WHEREAS, Evolve Bank & Trust
agrees to serve as Escrow Agent, in accordance with the terms and conditions set forth herein; and,

 

WHEREAS, the Client and the Escrow
Agent desire to enter into an agreement with respect to the above-described escrow.

 

NOW, THEREFORE, in
consideration of the foregoing and mutual promises and covenants contained herein, it has been and IT IS HERE BY AGREED as
follows:

 

1.       Establishment
of Escrow Account. The parties have established an escrow account with the Escrow Agent. McRobbie-Johnson shall sell his shares
only after DIGNYTE, Inc. has sold the number of shares as stated in its offering.

 

2.       Appointment
of Escrow Agent; Deposits of Cash.

 

	(a)		The Client hereby appoints the Escrow Agent as its agent and custodian to hold and
disburse the consideration deposited with the Escrow Agent pursuant to the terms of this Escrow Agreement in accordance with the
terms hereof.

 

	(b)		Following the execution of this Escrow Agreement, the Client will cause to be delivered
to the Escrow Agent from time to time any and all consideration received from the investors upon the execution and delivery of
the Subscription Agreement (the “Escrow Funds”).

 

3.       Deposits
Into and Distributions From the Escrow Account. A description of the procedures involved is below.

 

DEPOSIT
OF OFFERING PROCEEDS AND SECURITIES

 

Rule
419 of the Securities Exchange Act of 1933 (“Rule 419” or the “Rule”) requires that the net offering proceeds,
and all securities to be issued (and those sold by a selling shareholder upon their sale) be promptly deposited by the Company
into an escrow or trust account (the "Deposited Funds" and "Deposited Securities," respectively) governed
by an agreement which contains certain terms and provisions specified by the Rule. Under Rule 419, the Deposited Funds and Deposited
Securities will be released by the Escrow Agent to the Company and to investors, respectively, only after the Company has met
the following three conditions: First, the Company must execute an agreement for an acquisition(s) valued at least 80% of the
offering amount; second, the Company must successfully complete a reconfirmation offering which is reconfirmed by at least 80%
of the shares sold in the offering; and third, the acquisition(s) meeting the above criteria must be consummated. If the minimum
offering is not completed, or the acquisition is not timely and properly consummated pursuant to Rule 419, the Escrow Agent is
instructed that investors will be entitled to the return of their Deposited Funds, less the 10% non-refundable administrative
fee.

 

    	 

    	 

    

 

DEPOSIT
AND INVESTMENT OF OFFERING PROCEEDS

 

	i.		All offering proceeds shall be deposited promptly into the escrow or trust account.

 

	ii.		Deposited proceeds shall be in the form of checks, drafts, or money orders payable
to the order of the escrow agent or trustee.

 

	iii.		Deposited proceeds and interest or dividends thereon, if any, shall be held for the
sole benefit of the purchasers of the securities.

 

	iv.		Deposited proceeds shall be invested at the discretion of the Escrow Agent in one
of the following:

 

	A.		An obligation that constitutes a "deposit," as that term is defined in section
3(1) of the Federal Deposit Insurance Act;

	B.		Securities of any open-end investment company registered under the Investment Company
Act of 1940 that holds itself out as a money market fund meeting the conditions of paragraphs (c)(2), (c)(3), and (c)(4) of Rule
2a-7 under the Investment Company Act; or

	C.		Securities that are direct obligations of, or obligations guaranteed as to principal or
                                                                               interest by, the United States of America.

 

	v.		Interest or dividends earned on the funds, if any, shall be held in the escrow or
trust account until the funds are released in accordance with the provisions of this section. If funds held in the escrow or trust
account are released to a purchaser of the securities, the purchasers shall receive interest or dividends earned, if any, on such
funds up to the date of release. If funds held in the escrow or trust account are released to the registrant, interest or dividends
earned on such funds up to the date of release may be released to the registrants.

 

	vi.		The registrant may receive up to ten (10) percent of the proceeds remaining after
payment of underwriting commissions, underwriting expenses and dealer allowances permitted by Rule 419(b)(2)(vi) of the Securities
Act of 1933 exclusive of interest or dividends, only after such time as the offering has been completed and upon written request
of the registrant.

 

	v.		This escrow will termination upon the happening of one of the following: (1) the failure
to reach the offering amount within 180 days of the effectiveness of the offering, (2) confirmation by the Company’s legal
counsel that a reconfirmation offering has been completed, or (3) failure to complete the reconfirmation offering within eighteen
(18) months of the date of effectiveness. In the event of termination, funds and securities shall be delivered as described herein.

 

DEPOSIT
OF SECURITIES

 

	i.		All securities issued in connection with the offering (including the shares sold by
Andreas McRobbie-Johnson, when and if sold), whether or not for cash consideration, and any other securities issued with respect
to such securities, including securities issued with respect to stock splits, stock dividends, or similar rights, shall be deposited
by the Company directly into the escrow or trust account promptly upon issuance. The identity of the purchaser of the securities
shall be included on the stock certificates or other documents evidencing such securities. See also Rule 15g-8 of the Exchange
Act regarding restrictions on sales of, or offers to sell, securities deposited in the escrow or trust account.

 

    	 

    	 

    

 

	ii.		Securities held in the escrow or trust account are to remain as issued and deposited
and shall be held for the sole benefit of the purchasers, who shall have voting rights, if any, with respect to securities held
in their names, as provided by applicable state law. No transfer or other disposition of securities held in the escrow
or trust account or any interest related to such securities shall be permitted other than by will or the laws of descent and distribution,
or pursuant to a qualified domestic relations order as defined by the Internal Revenue Code of 1986 as amended (26 U.S.C. 1 et
seq.), or Title 1 of the Employee Retirement Income Security Act (29 U.S.C. 1001 et seq.), or the rules thereunder.

 

	iii.		Warrants, convertible securities or other derivative securities relating to securities
held in the escrow or trust account may be exercised or converted by the Escrow Agent at the direction of the Company in accordance
with their terms; provided, however, that securities received upon exercise or conversion, together with any cash
or other consideration paid in connection with the exercise or conversion, are promptly deposited into the escrow or trust account.

 

POST-EFFECTIVE AMENDMENT

 

Once the agreement(s) governing the acquisition(s) of a business(es)
between the parties to this Agreement, if applicable, meeting the above criteria has (have) been executed, Rule 419 requires the
Company to update the registration statement of which the prospectus relative to the acquisition registration is a part with a
post-effective amendment. The post-effective amendment must contain information about: the proposed acquisition candidate(s) and
its business(es), including audited financial statements; the results of this offering; and the use of the funds disbursed from
the escrow account. The post-effective amendment must also include the terms of the reconfirmation offer mandated by Rule 419.
The Company must execute an agreement for an acquisition(s) valued at at least 80% of the offering amount; second, the Company
must successfully complete a reconfirmation offering which is reconfirmed by at least 80% of the shares sold in the offering; and
third, the acquisition(s) meeting the above criteria must be consummated.

 

RECONFIRMATION OFFERING

 

The reconfirmation offer by the Company must commence withinfive
(5) business days after the effective date of the post-effective amendment. Pursuant to Rule 419, the terms of the reconfirmation
offer must include the following conditions:

 

	(1)		The prospectus contained in the post-effective amendment will be sent by the Company
to each investor whose securities are held in the escrow account within five (5) business days after the effective date of the
post-effective amendment;

 

	(2)		Each investor will have no fewer than twenty (20), and no more than forty-five (45),
business days from the effective date of the post-effective amendment to notify the Company in writing that the investor elects
to remain an investor;

 

	(3)		If the Company does not receive written notification from any investor within forty-five
(45) business days following the effective date, the pro rata portion of the Deposited Funds (and any related interest or dividends)
held in the escrow account on such investor's behalf will be returned to the investor within five (5) business days by first class
mail or other equally prompt means;

 

	(4)		The acquisition(s) will be consummated only if investors having contributed eighty
percent (80%) of the offering proceeds elect to reconfirm their investments; and

 

	(5)		If a consummated acquisition(s) has not occurred within eighteen (18) months from
the date that the Securities and Exchange Commission deems the offering effective as indicated on the prospectus, then Deposited
Funds held in the escrow account shall be returned to all investors on a pro rata basis within five (5) business days by first
class mail or other equally prompt means.

 

    	 

    	 

    

 

RELEASE OF DEPOSITED SECURITIES AND DEPOSITED FUNDS

 

Methods of Disposition of Escrow Funds. The Escrow
Agent will hold the Escrow Funds and Securities as specified in this Escrow Agreement until authorized hereunder to deliver such
Escrow Funds or Securities as follows:

 

Under
Rule 419, the Deposited Funds and Deposited Securities will be released by the Escrow Agent to the Company and to investors, respectively,
only after the Company has met the following three (3) conditions: First, the Company must execute an agreement for an acquisition(s)
valued at at least 80% of the offering amount; second, the Company must successfully complete a reconfirmation offering which
is reconfirmed by at least 80% of the shares sold in the offering; and third, the acquisition(s) meeting the above criteria must
be consummated. If the minimum offering is not completed or the acquisition is not timely and properly consummated pursuant to
Rule 419, the Escrow Agent is instructed that investors will be entitled to the return of their Deposited Funds, less the 10%
non-refundable administrative fee.

 

GENERAL PROVISIONS

 

	1.		Discretion of Escrow Agent. The Escrow Agent, in its actions pursuant to this
Agreement, shall be fully protected in every reasonable exercise of its discretion and shall have no obligations hereunder either
to the Company or to any other party, except as expressly set forth herein and as stated in Rule 419 of the Securities Act of
1933.It is understood and agreed that the duties of the Escrow Agent are entirely ministerial, being limited to receiving and
holding and disbursing such Funds in accordance with this Agreement.

 

	2.		Escrow Fees. The fee of the Escrow Agent is a fee of $1,500, $750 of which
shall be paid by the registrant at the opening of escrow and the remainder of which fee shall be paid after the close of the offering.
In addition, all hard costs (wire fees, etc.) shall be deducted from disbursements.

 

	3.		Expenses of Escrow Agent. Escrow Agent does not anticipate any expenses
other than hard costs as described above. In the event Escrow Agent does incur any expenses, Client agrees to promptly reimburse
Escrow Agent for its actual costs incurred.

 

	4.		Limitation of Liability of Escrow Agent. In performing any of its duties
hereunder, the Escrow Agent shall not incur any liability to anyone for any damages, losses or expenses, except for willful default
or knowing violation of law, and it shall, accordingly, not incur any such liability with respect to: (i) any action taken or
omitted in good faith upon advice of its counsel or counsel for the Client given with respect to any questions relating to the
duties and responsibilities of the Escrow Agent under this Agreement; or (ii) any action taken or omitted in reliance upon any
instrument, including the written advice provided for herein, not only as to its due execution and the validity and effectiveness
of its provisions, but also as the truth and accuracy of any information contained therein, which the Escrow Agent shall in good
faith believe to be genuine, to have been signed or presented by a proper person or persons, and to conform with the provisions
of this Agreement.

 

	5.		Indemnity of Escrow Agent. The Client hereby agrees to indemnify and hold harmless
the Escrow Agent against any and all losses, claims, damages, liabilities, attorneys’ fees (even if Escrow Agent represents
himself), and expenses, including any litigation arising from this Agreement or involving the subject matter hereof.

 

	6.		Disputes. In the event that a dispute arises as to the terms of this Agreement,
the Escrow Agent shall be entitled to deposit, in the nature of any interpleader action, any documents or proceeds then held by
such Escrow Agent with any court of competent jurisdiction within the State of Arkansas and shall be reimbursed for all its attorney’s
fees and costs connected therewith, even if Escrow Agent, as attorney, represents himself.

 

    	 

    	 

    

 

	7.		Entire Agreement. This is the entire Agreement of the parties. Any other agreements
of any nature whether oral or written not contained herein are expressly made null and void.

 

	8.		Governing Law. This Agreement shall be governed by the laws of the State of
Nevada.

 

IN WITNESS WHEREOF, the Company,
and the Escrow Agent have executed this Escrow Agreement on the day and year first above-written.

 

THE COMPANY

 

	/s/ Andreas A. McRobbie-Johnson	 
	Date: July 12, 2012	 
	Andreas A. McRobbie-Johnson, President	 
	DIGNYTE, Inc.	 

 

THE SELLING SHAREHOLDER

 

	/s/ Andreas A. McRobbie-Johnson	 
	Date: July 12, 2012	 
	Ronald Davis, Individually, Selling Shareholder	 
	DIGNYTE, Inc.	 

 

THE ESCROW AGENT

 

	Evolve Bank & Trust	 
	 	 	 
	By: 	/s/ C. Douglas Kelso, III	 
	Date: 	July 12, 2012	 
	Name: 	C.Douglas Kelso, III	 
	Evolve Bank & Trust

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