Document:

AMENDMENT TO SECURED PROMISSORY NOTE
AGREEMENT

 

This Amendment to Promissory Note Agreement
(the “Amendment”), is effective as of July 31, 2012 (the “Effective Date”), and is entered
by and between T3 Motion, Inc., a Delaware corporation (“Company”), and JMJ Financial (hereinafter referred
to as the “Holder”).

 

Recitals

 

WHEREAS, Company and the Holder are parties
to that certain Secured Promissory Note Agreement dated July 10, 2012 (the “Note”); and

 

WHEREAS, the parties now wish to amend the
Note as set forth in further detail below.

 

Agreement

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and premises contained in this Amendment, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto agree as follows:

 

		1.	The maturity date of the Note is hereby extended from July 31, 2012, to August 3, 2012.

 

		2.	Except as provided herein, all other provisions of the Note shall remain in full force and effect until expiration or termination
as set forth therein.

 

This Amendment may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which shall together constitute one and the same agreement. Delivery of an
executed counterpart of the signature page to this Amendment by facsimile or by email of a scanned copy will be effective as delivery
of an original executed counterpart of this Amendment.

 

IN WITNESS WHEREOF, the parties have caused
this Amendment to be executed as of the Effective Date.

 

 

	T3 Motion, Inc.	 	JMJ Financial	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By: 	/s/  Rod Keller	 	By:	/s/ Justin Keener	 
	Name:	Rod Keller	 	Name:	JMJ Financial	 
	Title:	Chief Executive Officer	 	Title:	Its PrincipalAMENDMENT TO SECURED PROMISSORY NOTE
AGREEMENT

 

This Amendment to Promissory Note Agreement
(the “Amendment”), is effective as of August 2, 2012 (the “Effective Date”), and is entered
by and between T3 Motion, Inc., a Delaware corporation (“Company”), and JMJ Financial (hereinafter referred
to as the “Holder”).

 

Recitals

 

WHEREAS, Company and the Holder are parties
to that certain Secured Promissory Note Agreement dated July 10, 2012, as amended July 30, 2012 (the “Note”);
and

 

WHEREAS, the parties now wish to amend the
Note as set forth in further detail below.

 

Agreement

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and premises contained in this Amendment, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto agree as follows:

 

		1.	The maturity date of the Note is hereby extended from August 3, 2012, to August 7, 2012.

 

		2.	Except as provided herein, all other provisions of the Note shall remain in full force and effect until expiration or termination
as set forth therein.

 

This Amendment may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which shall together constitute one and the same agreement. Delivery of an
executed counterpart of the signature page to this Amendment by facsimile or by email of a scanned copy will be effective as delivery
of an original executed counterpart of this Amendment.

 

IN WITNESS WHEREOF, the parties have caused
this Amendment to be executed as of the Effective Date.

 

	T3 Motion, Inc.	 	JMJ Financial	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By: 	/s/  Rod Keller	 	By:	/s/ Justin Keener	 
	Name:	Rod Keller	 	Name:	JMJ Financial	 
	Title:	Chief Executive Officer	 	Title:	Its PrincipalTHIS NOTE AND THE SECURITIES ISSUABLE UPON
THE CONVERSION HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED,
HYPOTHECATED, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF
1933, TO A NON-US PERSON IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 903 OR RULE 904 (AS APPLICABLE) OF REGULATION S UNDER
THE SECURITIES ACT, OR PURSUANT TO AN OPINION OF COUNSEL SATISFACTORY TO THE BORROWER THAT REGISTRATION IS NOT REQUIRED UNDER SUCH
ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT.

 

THE DIGITAL DEVELOPMENT GROUP CORP.

 

CONVERTIBLE PROMISSORY NOTE

 

	__________, 2012	$____________

 

 

The Digital Development
Group Corp., a Nevada corporation (the “Company”), for value received, promises to pay to the order of ____________
(the “Holder”), upon demand the sum of ___________________ Dollars ($__________) (the “Principal”),
plus accrued interest, pursuant to the terms and conditions set forth herein.

 

The Company and Holder
agree as follows:

 

1.Issuance of Principal and
Conversion.

 

1.1In connection
with that certain binding letter of intent (the “LOI”) dated April 10, 2012 between the Company and Digitally
Distributed Acquisition Corp., a Delaware corporation (“DDAC”), the Company has agreed to advance certain funds
to DDAC. The Company agrees and authorizes the Holder to advance the proceeds of the loan under this Note directly to DDAC’s
bank account. Notwithstanding DDAC’s receipt of the Principal, the obligation to repay this Note remains with the Company
in accordance with the terms and conditions set forth herein.

 

1.2Upon closing
of the voluntary share exchange transaction contemplated under the LOI (the “Closing”), or subject to conversion
as set forth in Section 3 below, the unpaid Principal and any accrued and unpaid interest shall be immediately due and payable
by the Company upon written demand by the Holder at any time (the “Maturity Date”).

 

1.3Up until
the Closing, the unpaid Principal shall bear interest at the rate of one percent (1%) per month, simple interest, and thereafter,
the interest rate shall adjust to three percent (3%) per annum, simple interest. Interest on this Note shall be computed on the
basis of a three hundred sixty-five (365) day year and actual days elapsed.

 

1.4At any
time on or before the Maturity Date (the “Conversion Date”), Holder, at its sole discretion may elect to have
all or part of the Principal and the accrued and unpaid interest thereon, converted into a number of shares of common stock of
the Company determined by dividing (i) the unpaid Principal and any accrued and unpaid interest thereon, as of the Conversion Date,
by (ii) the lower of (a) the price per share at which shares of capital stock of the Company are sold in any Financing, or (b)
$0.50 per share. A “Financing” means the sale of shares of capital stock of the Company occurring within twenty
four (24) months after the Closing.

 

    	 

    	 

    

1.5The Company
hereby waives demand and presentment for payment, notice of nonpayment, protest and notice of protest of this Note. 

 

1.6In the
event of conversion the Holder will surrender the original of this Note for conversion at the principal office of the Company at
the time of such conversion. Holder agrees to execute all necessary documents in connection with the conversion of this Note, including
a definitive stock purchase agreement. If upon such conversion of this Note a fraction of a share would result, then the Company
will round up to the nearest whole share.

 

2.Issuance
of Consideration on Conversion. As soon as practicable after receipt of the original Note and related documents for conversion
pursuant to Section 1, but in no event later than ten (10) business days therefrom, the Company at its expense will cause to be
issued in the name of, and delivered to, the Holder, a certificate or certificates for the number of shares of common stock to
which the Holder will be entitled on such conversion (bearing such legends as may be required by applicable state and federal securities
laws in the opinion of legal counsel for the Company), together with any other securities and property, if any, to which the Holder
is entitled on such conversion under the terms of this Note.

 

3.Change
of Control. In the event (a) of any reorganization of the Company, (b) the Company consolidates with or merges into
another entity (other than for the sole purpose of effectuating a name change), (c) the Company sells all or substantially
all of its assets to another entity and then distributes the proceeds to its shareholders, or (d) the Company issues or otherwise
sells securities representing more than 50% of the voting power of the Company in a single transaction or series of related transactions
immediately after giving effect to such transaction or series of related transaction, after the date of this Note, then, and in
each such case, this Note shall become immediately due and payable.

 

4.Representations
and Acknowledgments of the Holder. The Holder hereby represents, warrants, acknowledges and agrees that:

 

4.1Investment.
The Holder is acquiring this Note and the securities issuable upon conversion of this Note (together, the “Securities”)
for the Holder’s own account, and not directly or indirectly for the account of any other person. The Holder is acquiring
the Securities for investment and not with a view to distribution or resale thereof except in compliance with Securities Act of
1933 (the “Act”) and any applicable state law regulating securities.

 

4.2Access
to Information. The Holder has had the opportunity to ask questions of, and to receive answers from, appropriate executive
officers of the Company with respect to the terms and conditions of the transactions contemplated hereby and with respect to the
business, affairs, financial condition and results of operations of the Company. The Holder has had access to such financial and
other information as is necessary in order for the Holder to make a fully informed decision as to investment in the Company, and
has had the opportunity to obtain any additional information necessary to verify any of such information to which the Holder has
had access.

 

4.3Investor
Status. The Holder is an “accredited investor” within the meaning of Regulation D of the rules and regulations
promulgated under the Act and has such business or financial expertise as to be able to protect the Holder’s own interests
in connection with the purchase of the Securities, or is a non-“U.S. Person” as defined in Regulation S of the Act.

 

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4.4Regulation
S. For purposes of compliance with Regulation S, if the Holder is not a “U.S. Person,” as such term is defined
in Rule 902(k) of Regulation S,1 the Holder
represents and warrants they are a person or entity that is outside the United States, and further represents and warrants as follows:

 

(a)The Holder is not acquiring
the Securities for the account or benefit of a U.S. Person.

 

(b) If the Holder
is a legal entity, it has not been formed specifically for the purpose of investing in the Company.

 

(c) The Holder
hereby represents that he, she or it has satisfied and fully observed the laws of the jurisdiction in which he, she or it is located
or domiciled, in connection with the acquisition of the Securities, including (i) the legal requirements of the Holder’s
jurisdiction for the acquisition of the Securities, (ii) any foreign exchange restrictions applicable to such acquisition, (iii)
any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, which
may be relevant to the holding, redemption, sale, or transfer of the Securities; and further, the Holder agrees to continue to
comply with such laws as long as he, she or it shall hold the Securities.

 

(d)To the knowledge
of the Holder, without having made any independent investigation, neither the Company nor any person acting for the Company, has
conducted any “directed selling efforts” in the United States as the term “directed selling efforts” is
defined in Rule 902 of Regulation S, which, in general, means any activity undertaken for the purpose of, or that could reasonably
be expected to have the effect of, conditioning the marketing in the United States for any of the Securities being offered. Such
activity includes, without limitation, the mailing of printed material to investors residing in the United States, the holding
of promotional seminars in the United States, and the placement of advertisements with radio or television stations broadcasting
in the United States or in publications with a general circulation in the United States, which discuss the offering of the Securities.
To the knowledge of the Holder, the Securities were not offered to the undersigned through, and the undersigned is not aware of,
any form of general solicitation or general advertising, including without limitation, (i) any advertisement, article, notice or
other communication published in any newspaper, magazine or similar media or broadcast over television or radio, and (ii) any seminar
or meeting whose attendees have been invited by any general solicitation or general advertising.

 

 

1
Regulation S provides in part as follows:

 

1.“U.S. person”
means: (i) any natural person resident in the United States; (ii) any partnership or corporation organized or incorporated under
the laws of the United States; (iii) any estate of which any executor or administrator is a U.S. person; (iv) any trust of which
any trustee is a U.S. person; (v) any agency or branch of a foreign entity located in the United States; (vi) any non-discretionary
account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a
U.S. person; (vii) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary
organized, incorporated, or (if an individual) resident in the United States; and (viii) any partnership or corporation if: (A)
organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose
of investing in securities not registered under the Securities Act of 1933, as amended, unless it is organized or incorporated,
and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

 

2.The following
are not “U.S. persons”: (i) any discretionary account or similar account (other than an estate or trust) held for the
benefit or account of a non-U.S. person by a dealer or other professional fiduciary organized, incorporated, or (if an individual)
resident in the United States; (ii) any estate of which any professional fiduciary acting as executor or administrator is a U.S.
person if: (A) an executor or administrator of the estate who is not a U.S. person has sole or shared investment discretion with
respect to the assets of the estate; and (B) the estate is governed by foreign law; (iii) any trust of which any professional fiduciary
acting as trustee is a U.S. person, if a trustee who is not a U.S. person has sole or shared investment discretion with respect
to the trust assets, and no beneficiary of the trust (and no settlor if the trust is revocable) is a U.S. person; (iv) an employee
benefit plan established and administered in accordance with the law of a country other than the United States and customary practices
and documentation of such country; (v) any agency or branch of a U.S. person located outside the United States if: (A) the agency
or branch operates for valid business reasons; and (B) the agency or branch is engaged in the business of insurance or banking
and is subject to substantive insurance or banking regulation, respectively, in the jurisdiction where located; and (vi) the International
Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development
Bank, the African Development Bank, the United Nations, and their agencies, affiliates and pension plans, and any other similar
international organizations, their agencies, affiliates and pension plans.

 

 

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(e)The Holder
will offer, sell or otherwise transfer the Securities, only (A) pursuant to a registration statement that has been declared effective
under the Act, (B) pursuant to offers and sales that occur outside the United States within the meaning of Regulation S in a transaction
meeting the requirements of Rule 904 (or other applicable Rule) under the Act, or (C) pursuant to another available exemption from
the registration requirements of the Act, subject to the Company’s right prior to any offer, sale or transfer pursuant to
clauses (B) or (C) to require the delivery of an opinion of counsel, certificates or other information reasonably satisfactory
to the Company for the purpose of determining the availability of an exemption.

 

(f)The Holder
will not engage in hedging transactions involving the Securities unless such transactions are in compliance with the Act.

 

(g)The Holder
represents and warrants that the undersigned is not a citizen of the United States and is not, and has no present intention of
becoming, a resident of the United States (defined as being any natural person physically present within the United States for
at least 183 days in a 12-month consecutive period or any entity who maintained an office in the United States at any time during
a 12-month consecutive period). The Holder understands that the Company may rely upon the representations and warranty of this
paragraph as a basis for an exemption from registration of the Securities under the Act, as amended, and the provisions of relevant
state securities laws.

 

4.5Speculative
Investment. The Holder’s investment in the Company represented by the Securities is highly speculative in nature and
is subject to a high degree of risk of loss in whole or in part; the amount of such investment is within the Holder’s risk
capital means and is not so great in relation to the Holder’s total financial resources as would jeopardize the financial
condition of the Holder in the event such investment were lost in whole or in part.

 

4.6Unregistered Securities.

 

(a)The Holder
must bear the economic risk of investment for an indefinite period of time because the Securities have not been registered under
the Act and therefore cannot and will not be sold unless they are subsequently registered under the Act or an exemption from such
registration is available. The Company has made no representations, warranties or covenants whatsoever as to whether any exemption
from the Act, including, without limitation, any exemption for limited sales in routine brokers’ transactions pursuant to
Rule 144 under the Act will become available.

 

(b)Transfer
of the Securities has not been registered or qualified under any applicable state law regulating securities and therefore the Securities
cannot and will not be sold unless they are subsequently registered or qualified under any such state law or an exemption therefrom
is available. The Company has made no representations, warranties or covenants whatsoever as to whether any exemption from any
such state law is or will become available.

 

5.Miscellaneous.

 

5.1Waiver
and Amendment. Any provision of this Note may be amended, waived or modified only upon the written consent of the Company and
the Holder.

 

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5.2Restrictions
on Transfer. This Note may only be transferred in compliance with applicable state and federal laws. All rights and obligations
of the Company and the Holder will be binding upon and benefit the successors, assigns, heirs, and administrators of the parties.

 

5.3Company
Representation. The Company represents to the Holder that the Company is a corporation duly organized, validly existing, authorized
to exercise all its corporate powers, rights and privileges, and in good standing in the State of Nevada and has the corporate
power and corporate authority to own and operate its properties and to carry on its business as now conducted; all corporate action
on the part of the Company, its officers, directors, and shareholders necessary for the authorization, execution, delivery, and
performance of all obligations under this Note have been taken; this Note constitutes a legally binding and valid obligation of
the Company enforceable in accordance with its terms, except to the extent that such enforcement may be subject to applicable bankruptcy,
insolvency, reorganization, arrangement, moratorium, fraudulent conveyance or other laws or court decisions relating to or affecting
the rights of creditors generally, and such enforcement may be limited by equitable principles of general applicability.

 

5.4Governing
Law. This Note will be governed by the laws of the State of Nevada applicable to contracts between Nevada residents wholly
to be performed in Nevada.

 

 

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF,
the Company has caused this Note to be issued as of the date first above written.

 

	 	The Digital Development Group Corp.,
	 	a Nevada corporation
	 	 	 
	 	 	 
	 	 	 
	 	By:	 ________________________________________ 
	 	 	Name: ___________________________________
	 	 	Title:    ___________________________________

 

 

 

Agreed and Accepted by the Holder:

 

 

Investor:  ___________________________________

 

By:      _____________________________________

Name:  _____________________________________

Title:    _____________________________________

 

Address:  ___________________________________

Address: ___________________________________ 

Address: ___________________________________ 

 

 

 

Acknowledged by DDAC:

 

Digitally Distributed
Acquisition Corp.,

a Delaware corporation

 

 

By:      _____________________________________

Name:  _____________________________________

Title:    _____________________________________

 

 

 

 

 

[Signature Page to Convertible Promissory
Note]

 

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