Document:

EX-10.12

 Exhibit 10.12 

AXA Equitable/MLOA Form 
 Doc. No. 193183 

2014 Version 
 Loan Number 16-1064 
 Recorded at Request of: 

DLA Piper LLP 
 500 Eighth Street, NW 

Washington, DC 20004 
 Attn: Fred Klein 

When Recorded Mail to: 
 DLA Piper LLP 

500 Eighth Street, NW 
 Washington, DC 20004 

Attn: Fred Klein 
 SUBORDINATION, NONDISTURBANCE
AND ATTORNMENT AGREEMENT 
 THIS AGREEMENT, made as of March 30, 2017, by and among EOSII Palo Alto Technology Center LLC
(“Borrower”), AXA EQUITABLE LIFE INSURANCE COMPANY, a New York corporation, (“Lender”), and BILL.COM, INC., a Delaware corporation (“Tenant”), 

W I T N E S E T H: 

WHEREAS, Borrower has applied to Lender for a loan that will be secured by a mortgage, deed of trust or other security instrument (the “Mortgage”)
from Borrower to Lender, to be recorded in the Official Records of the County of Santa Clara, State of California. The mortgage will encumber the real property (the “Property”) in the County of Santa Clara, State of California, commonly
known as 1800, 1804, 1810, 1820, 1830, 1840 and 1850 Embarcadero Road and 2445, 2455 and 2465 Faber, Palo Alto, CA 94303, which is described in Exhibit A attached hereto and made a part hereof. Tenant is the tenant under the Lease (the
“Lease”) dated December 2, 2013 as amended by that certain First Amendment to Office Lease dated February 29, 2016 and that certain Second Amendment to Office Lease dated November 29, 2016, between Borrower, as landlord, and
Tenant, as tenant. Tenant leases a portion of the Property pursuant to the Lease. As of the date hereof, pursuant to Section 6 of the Lease, there is a Landlord construction allowance for certain tenant improvements in the amount of $102,600.
Borrower will assign the Lease to Lender pursuant to the Mortgage. Borrower, Lender and Tenant will subordinate the Lease to the Mortgage, effective as of the date on which the Mortgage is recorded, as provided in this Agreement. 

NOW, THEREFORE, Borrower, Lender and Tenant agree as follows: 
  

	1.	 Subordination. The Lease is hereby made and shall at all times be subject and subordinate in all
respects to the Mortgage and all indebtedness and obligations now or hereafter secured by the Mortgage, including, without limitation, all amendments, modifications, extensions, supplements, substitutions and replacements of the Mortgage and all
advances made by Lender to Borrower secured by the Mortgage. 

	2.	 Nondisturbance. If there is a judicial foreclosure sale, a sale pursuant to the power of sale, or
an acceptance of a deed in lieu of foreclosure under the Mortgage (any such event being a “Foreclosure Transfer”), the Lease shall not be terminated (or subject to termination) as a result of the Foreclosure Transfer, nor shall
Tenant’s use, possession or enjoyment of the portion of the Property demised by the Lease be disturbed, so long as no default exists and no other event has occurred under the Lease that would give the landlord under the Lease the right to
terminate the Lease or would cause automatic termination of the Lease. Tenant agrees that the person or entity, which may include Lender, and its successors and assigns, that acquires title to the Property by reason of a Foreclosure Transfer and
succeeds to the interest of Borrower as landlord under the Lease (such person or entity being the “Foreclosure Transferee”) shall not be: 

  

	 	(a)	 liable for any act or omission of Borrower or any other prior landlord under the Lease, 

 

	 	(b)	 subject to any claim, charge, offset or defense under the Lease that Tenant might have against Borrower or any
such prior landlord based on any act, omission, event or occurrence before the Foreclosure Transfer, 

  

	 	(c)	 bound by any rent, additional rent or deposit that Tenant might have paid in advance to Borrower or any such
prior landlord for more than the current month (or other period for which rent or additional rent is to be paid in advance in accordance with the Lease) in which the Foreclosure Transfer occurs, unless such rent, additional rent or deposit is
actually received by the Foreclosure Transferee, 

  

	 	(d)	 bound by any amendment or modification of the Lease or any termination of the Lease made without Lender’s
prior written consent, 

  

	 	(e)	 responsible for repairing or restoring the Property in the case of damage by fire or other casualty or taking
by condemnation, 

  

	 	(f)	 obligated to perform any construction work required to be done by Borrower or any such prior landlord or to
reimburse Tenant for any construction work performed by Tenant, or 

  

	 	(g)	 bound by any agreement not expressly set forth in the Lease. 

 

	3.	 Attornment. If the interest of the landlord under the Lease is transferred by reason of a
Foreclosure Transfer, Tenant shall be bound to the Foreclosure Transferee and the Foreclosure Transferee shall be bound to Tenant under the Lease for the balance of the term of the Lease, and any extension thereof which may be effected in accordance
with the Lease, with the same force and effect as if the Foreclosure Transferee were the original landlord under the Lease, except as otherwise provided in Paragraph 2 hereof. Tenant hereby adorns to the Foreclosure Transferee as the landlord under
the Lease, such attornment to be effective 

	 	and self-operative upon the Foreclosure Transfer without the execution of any further agreement. The respective rights and obligations of the Foreclosure Transferee and Tenant upon such attornment, to the extent of such
balance of the term of the Lease and any such extension, shall be the same as now set forth in the Lease, except as otherwise provided in Paragraph 2 hereof. 

  

	4.	 Covenants. With respect to the assignment of the Lease by Borrower to Lender pursuant to the
Mortgage, Tenant shall pay all rent and perform all obligations under the Lease to Borrower until Tenant receives written notice from Lender, in which event Tenant agrees to pay all rent and to perform all obligations under the Lease directly to and
for the benefit of Lender or such other party as Lender directs in such notice, and Borrower authorizes Tenant to do so in accordance with the instructions of Lender. Borrower agrees that such payment and performance to and for the benefit of Lender
shall satisfy Tenant’s obligations under the Lease. Tenant agrees that Lender assumes no obligations under the Lease by virtue of the assignment of the Lease by Borrower to Lender pursuant to the Mortgage or other loan document and that Lender
shall not become liable for any obligations under the Lease until Lender acquires title to the Property as a Foreclosure Transferee at a Foreclosure Transfer. As long as the Mortgage shall encumber the Property: 

(a) Tenant shall not pay any rent under the Lease more than one (1) month in advance. 

(b) Tenant shall not amend, modify or terminate (except upon default or breach by Borrower, after giving Lender written notice and opportunity
to cure pursuant to this Agreement) the Lease without the prior written consent of Lender. 
 (c) If Borrower defaults under or breaches the
Lease, Tenant shall promptly send written notice to Lender describing each such default or breach and give Lender the following opportunity to cure such default or breach: 
  

	 	(i)	 In the case of a default or breach that is capable of being cured by the payment of money, Lender shall have
the cure period available to Borrower under the Lease plus twenty (20) days to cure such default or breach; 

  

	 	(ii)	 In the case of a non-monetary default or breach that is capable of
being cured without possession of the Property, Lender shall have the cure period available to Borrower under the Lease plus sixty (60) days to cure such default or breach; and 

 

	 	(iii)	 If curing such default or breach requires possession of the Property, Lender shall have sixty (60) days
after the date on which Lender obtains possession of the Property to cure such default or breach. 

 Tenant shall not terminate the Lease
because of any such default or breach by Borrower unless Tenant has given such written notice to Lender and Lender has failed to cure such default or breach within the applicable period of time. 

 Anything in this Subparagraph 4(c) to the contrary notwithstanding, if the default or breach is of such a
nature that Lender is not obligated to cure such pursuant to the provisions of Paragraph 2 hereof, Tenant shall not terminate the Lease so long as Lender is diligently moving towards completion of a Foreclosure Transfer, and upon completion of such
Foreclosure Transfer, such default or breach shall be deemed waived. 
  

	5.	 Notices. All notices under this Agreement shall be properly given only if made in writing and
either mailed by certified mail, return receipt requested, postage prepaid, or delivered by hand (including messenger or recognized delivery, courier or air express service) to the party at the address set forth in this paragraph or such other
address as such party may designate by notice to the other parties. Such notices shall be effective on the date of receipt (evidenced by the certified mail receipt) if mailed or on the date of delivery if hand delivered. If any such notice is not
received or cannot be delivered because the receiving party changed its address and did not give notice of such change to the sending party or due to a refusal to accept such notice by the receiving party, such notice shall be effective on the date
delivery is attempted. Any notice under this Agreement may be given on behalf of a party by the attorney for such party. 

  

	 	(a)	 The address of Borrower is 800 Newport Center Drive, Suite 700, Newport Beach, CA 92660, attention: Brent
Carroll. 

  

	 	(b)	 The address of Lender is: 

AXA Equitable Life Insurance Company 

1290 Avenue of the Americas 

New York, NY 10104 

Attention: Real Estate Legal Department 

Quadrant Real Estate Advisors LLC 

12735 Morris Road, Suite 100 

Alpharetta, GA 30004 

Attention: Quadrant Asset Management 

(Loan No. 16-1064) 

Berkadia Commercial Mortgage LLC 

323 Norristown Road, Suite 300 

Ambler, PA 19002 

Attention: EVP Client Relations 

Loan No. 16-1064) 

 

	 	(c)	 The address of Tenant is 

	 	    	
                    
                                         
                                         
                                         
                                       

  

	 	    	         
                                         
                                         
                                         
                                         
           

  

	 	    	             
                                         
                                         
                                         
                                         
      , 

  

	 	            attention:                    
                                         
       .	 

	6.	 Miscellaneous. This Agreement shall be governed by and construed in accordance with the laws of
the State of California. If there is any conflict or inconsistency between this Agreement and the Lease, this Agreement shall control. This Agreement may be executed in counterparts, each of which shall be an original but all of which together shall
constitute this Agreement. This Agreement shall bind and inure to the benefit of Borrower, Lender and Tenant and their respective successors and assigns. 

IN WITNESS WHEREOF, Borrower, Lender and Tenant have executed this Agreement as of the date first hereinabove written. 

 

									
	 EOSII PALO ALTO TECHNOLOGY CENTER, LLC, 

a Delaware limited liability company

											
			
	By:	 	EOS PROPERTIES II, LLC,	 	
		 	 a Delaware limited liability company,

its manager
	 	
				
		 	By:	 	 EOS INVESTMENT FUND II, L.P.,

a Delaware limited partnership,
 its sole member
	 	
					
		 		 	By:	 	 POLIS REALTY ADVISORS II, LTD.,

a British Virgin Islands company,

its general partner
	 	
						
		 		 		 	By:	 	 See Attached
	 	
		 		 		 		 	Charles J. Schreiber, Jr.,	 	
		 		 		 		 	Chief Executive Officer	 	

 IN WITNESS WHEREOF, Borrower, Lender and Tenant have executed this Agreement as of the date
first hereinabove written. 
  

									
		 	 EOSII PALO ALTO TECHNOLOGY CENTER, LLC,

a Delaware limited liability company
	  	
				
		 	By:	 	EOS PROPERTIES II, LLC,	  	
		 		 	a Delaware limited liability company,	  	
		 		 	its manager	  	
					
		 		 	By:	 	 /s/ Charles J. Schreiber, Jr.,
	  	
		 		 		 	Charles J. Schreiber, Jr.,	  	
		 		 		 	Chief Executive Officer	  	
			
		 	AXA EQUITABLE LIFE INSURANCE COMPANY,	  	
		 	a New York Corporation	  	
				
		 	By:	 	      
	  	
		 	Name:	 		  	
		 	Title:	 		  	

 [signature page of Tenant follows] 

[Signature page to Subordination, Nonattornment and Subordination Agreement (AXA/Palo Alto)] 

 IN WITNESS WHEREOF, Borrower, Lender and Tenant have executed this Agreement as of the date
first hereinabove written. 
  

									
		 	 EOSII PALO ALTO TECHNOLOGY CENTER, LLC,

a Delaware limited liability company
	  	
				
		 	By:	 	EOS PROPERTIES II, LLC,	  	
		 		 	a Delaware limited liability company,	  	
		 		 	its manager	  	
					
		 		 	By:	 	      
	  	
		 		 		 	Charles J. Schreiber, Jr.,	  	
		 		 		 	Chief Executive Officer	  	
			
		 	AXA EQUITABLE LIFE INSURANCE COMPANY,	  	
		 	a New York Corporation	  	
				
		 	By:	 	 /s/ Frank S. Linneen
	  	
		 	Name:	 	Frank S. Linneen	  	
		 	Title:	 	Investment Officer	  	

 [signature page of Tenant follows] 

[Signature page to Subordination, Nonattornment and Subordination Agreement (AXA/Palo Alto)] 

 
			
	AXA EQUITABLE LIFE INSURANCE COMPANY,
a New York Corporation
		
	By	 	      

	Title	 	  

	
	BILL.COM, INC., a Delaware corporation
		
	By	 	 /s/ Raj Aji

	Title	 	GENERAL COUNSEL

 ACKNOWLEDGMENT 

 

					
	
A notary public or other officer completing this

certificate verifies only the identity of the individual

who signed the document to which this certificate is

attached, and not the truthfulness, accuracy, or

validity of that document.
	 		 	

 State of California 
 County of
                                        
Orange                                        
) 
  

	
	On    March 20,
2017                                         
                   before me,    k. Godin, Notary
Public                                        
                                         
       
	                                      
                                         
                                         
(insert name and title of the officer)

  

	
	personally appeared    Charles J. Schreiber,
Jr.                                         
                                         
                                         
                                         
    ,

 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within
instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed
the instrument. 
 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

 

			
	WITNESS my hand and official seal.	  	

	Signature /s/ K.
Godin                                        
                            

 LENDER 

 

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. 

  

			
	STATE OF GEORGIA	 	        )  
		 	        )§
	COUNTY OF FULTON	 	        )  

 On March 17, 2017, before me, Alicia Shaver, NOTARY PUBLIC, personally appeared FRANK S. LINNEEN, who proved to
me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the
entity upon behalf of which the person acted, executed the instrument. 
 I certify under PENALTY OF PERJURY under the laws of the State of Georgia that
the foregoing paragraph is true and correct. 
  

			
	WITNESS my hand and official seal.	 	
	  
 Signature /s/ Alicia
Shaver                                        
         (Seal)
 My Commission Expires 01/12/2021
	 	

 [Signature page to Subordination, Nonattornment and Subordination Agreement (AXA/Palo Alto)] 

			
	CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT	  	CIVIL CODE § 1189

  
 

 
  

			
	A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this
certificate is attached, and not the truthfulness, accuracy, or validity of that document.

  

			
	 State of California
 County of Santa
Clara                
	  	 )
 )

	On             March 28, 207             before me,
                    Grace L. Carino, Notary
Public                    ,
	Date	  	Here Insert Name and Title of the Officer
	personally appeared
                                         
       Rajesh (Raj)
Aji                                         
               
		  	Name(s) of Signer(s)
	                                    
                                         
                                         
                                         
    ,

 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within
instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed
the instrument. 
  

			
	

	  	 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

 
 WITNESS my hand and official seal.

 
 Signature
                    /s/ Grace L.
Carino                    

Signature of Notary Public

 Place Notary Seal Above 

                      
                                         
                                        
OPTIONAL
                                         
                                         
                      

Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to
an unintended document. 
 Description of Attached Document 

Title or Type of Document: Loan Number 16-1064 SUBORDIANITION NONDISTURBANCE AND ATTORNMENT AGREEMENT
Document Date:             March 28, 2017             

Number of Pages:         14         Signer(s) Other Than Named Above:
                                         
                 
 Capacity(ies) Claimed by Signer(s) 

 

 Signer’s Name:
                                         
                 
 ☐ Corporate Officer –
Title(s):                                 

☐ Partner –  ☐ Limited ☐ General 

☐ Individual         ☐ Attorney in Fact 

☐ Trustee             ☐ Guardian or Conservator 

☐ Other:
                                         
                           

Signer Is Representing:
                                         
     

                          
                                         
                

 Signer’s Name:
                                         
                 
 ☐ Corporate Officer –
Title(s):                                 

☐ Partner –  ☐ Limited ☐ General 

☐ Individual         ☐ Attorney in Fact 

☐ Trustee             ☐ Guardian or Conservator 

☐ Other:
                                         
                           

Signer Is Representing:
                                         
     

                          
                                         
                 

 

  
 

 
 ©2014 National Notary Association ● www.NationalNotary.org ● 1-800-US NOTARY (1-800-876-6827) Item #5907 

 EXHIBIT A 

Description of the Property 
 City of Palo Alto

 Parcel 2, as shown on that certain Record of Survey filed October 23, 1967, in Book 229 of Maps, Page 24. 

Assessor’s Parcel Number: 008-03-046Exhibit 10.1

 

SECURITIES
PURCHASE AGREEMENT

 

This
Securities Purchase Agreement (this “Agreement”) is dated as of November __, 2019, between Hash Labs Inc.,
a Nevada corporation (the “Company”), and ________, an ___________ (the “Purchaser”).

 

WHEREAS,
subject to the terms and conditions set forth in this Agreement and pursuant to an exemption from the registration requirements
of Section 5 of the Securities Act contained in Section 4(a)(2) thereof, the Company desires to issue and sell to the Purchaser,
and Purchaser desires to purchase from the Company, securities of the Company as more fully described in this Agreement.

 

NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration
the receipt and adequacy of which are hereby acknowledged, the Company and the Purchaser agree as follows:

 

ARTICLE
I.

DEFINITIONS

 

1.1
Definitions. In addition to the terms defined elsewhere in this Agreement the following terms have the meanings set forth
in this Section 1.1:

 

 

“Business
Day” means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or
any day on which banking institutions in the State of New York are authorized or required by law or other governmental action
to close.

 

“Closing”
means the closing of the purchase and sale of the Shares pursuant to Section 2.1 hereof.

 

“Closing
Date” means the Trading Day on which all of the Transaction Documents have been executed and delivered by the applicable
parties thereto, and all conditions precedent to (i) the Purchaser’s obligations to pay the Purchase Price and (ii) the
Company’s obligations to deliver the Shares, in each case, have been satisfied or waived, subject to the provisions of Section
2.1.

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the common stock of the Company, par value $0.0001 per share, and any other class of securities into which
such securities may hereafter be reclassified or changed.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“SEC
Reports” shall have the meaning ascribed to such term in Section 3.2(d) hereof.

 

“Securities
Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

“Shares”
has the meaning ascribed to such term in Section 2.1 hereof.

 

“Trading
Day” means a day on which the principal Trading Market is open for trading.

 

“Trading
Market” means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on
the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market,
the New York Stock Exchange or any tier of the OTC Markets operated by the OTC Markets Group, Inc. (or any successors to any of
the foregoing).

 

     

     

    

 

“Transaction
Documents” means this Agreement and any other documents executed in connection with the transaction contemplated hereunder.

 

“Transfer
Agent” means Issuer Direct Corporation, the current transfer agent of the Company, and any successor transfer agent
of the Company.

 

ARTICLE
II.

PURCHASE
AND SALE

 

2.1 Closing.
On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution
and delivery of this Agreement by the parties hereto, the Company shall sell, and the Purchaser shall purchase, ________ shares
of Common Stock (the “Shares”) at $5.00 per share for an aggregate purchase price of $__________ (the “Purchase
Price”). At or prior to the Closing, the Company and the Purchaser shall deliver the other items set forth in Section
2.2, hereof. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, hereof, the Closing shall occur
at the offices of the Company or such other location as the parties shall mutually agree.

 

2.2 Deliveries.

 

(a)
On or prior to the Closing Date, the Company shall deliver to the Purchaser this Agreement duly executed by the Company. The Company
shall deliver or cause to be delivered to the Purchaser the Shares purchased hereunder to the address set forth on the signature
page hereto within 5 Business Days of the Closing Date.

 

(b) On
or prior to the Closing Date, the Purchaser shall deliver or cause to be delivered to the Company this Agreement duly executed
by the Purchaser and the Purchase Price by wire of immediately available funds.

 

2.3 Closing
Conditions.

 

(a) The
obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

 

		(i)	the
                                         accuracy in all material respects on the Closing Date of the representations and warranties
                                         of the Purchaser contained herein (unless as of a specific date therein in which case
                                         they shall be accurate as of such date)

 

		(ii)	all
                                         obligations, covenants and agreements of the Purchaser required to be performed at or
                                         prior to the Closing Date shall have been performed; and

 

		(iii)	the
                                         delivery by the Purchaser of the item set forth in Section 2.2(b) hereof.

 

(b) The
obligation of the Purchaser hereunder in connection with the Closing are subject to the following conditions being met:

 

		(i)	the
                                         accuracy in all material respects when made and on the Closing Date of the representations
                                         and warranties of the Company contained herein (unless as of a specific date therein);

 

		(ii)	all
                                         obligations, covenants and agreements of the Company required to be performed at or prior
                                         to the Closing Date shall have been performed;

 

    - 2 -

     

    

 

		(iii)	from
                                         the date hereof to the Closing Date, trading in the Common Stock shall not have been
                                         suspended by the Commission or the Company’s principal Trading Market, and, at
                                         any time prior to the Closing Date, trading in securities generally as reported by Bloomberg
                                         L.P. shall not have been suspended or limited, or minimum prices shall not have been
                                         established on securities whose trades are reported by such service, or on any Trading
                                         Market; and

 

		(iv)	the
                                         delivery by the Company of the items set forth in Section 2.2(a) hereof.

 

ARTICLE
III

REPRESENTATIONS
AND WARRANTIES

 

3.1 Representations
and Warranties of the Company. The Company hereby makes the following representations and warranties to the Purchaser:

 

(a) The
Company is a corporation, validly existing and in good standing under the laws of Nevada.

 

(b) The
Company has the requisite corporate power and authority to enter into and to consummate the transactions contemplated by this
Agreement and otherwise to carry out its obligations hereunder. The execution and delivery of this Agreement by the Company and
the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary action on
the part of the Company.

 

(c) The
execution, delivery and performance by the Company of this Agreement, the issuance and sale of the Shares and the consummation
by it of the transactions contemplated hereby party do not and will not conflict with or violate any provision of the Company’s
articles of incorporation or other organizational or charter documents. The Shares, upon issuance in accordance with this Agreement,
will be duly issued, fully paid, and nonassessable.

 

3.2 Representations
and Warranties of the Purchaser. The Purchaser hereby represents and warrants as of the date hereof and as of the Closing
Date to the Company as follows (unless as of a specific date therein, in which case they shall be accurate as of such date):

 

(a) Authority.
Each Transaction Document to which Purchaser is a party has been duly executed by the Purchaser, and when delivered by the Purchaser
in accordance with the terms hereof, will constitute the valid and legally binding obligation of the Purchaser, enforceable against
it in accordance with its terms, except: (i) as limited by general equitable principles and applicable bankruptcy, insolvency,
reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii)
as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies and (iii)
insofar as indemnification and contribution provisions may be limited by applicable law.

 

(b) Understandings
or Arrangements. The Purchaser is acquiring the Shares as principal for its own account and has no direct or indirect arrangement
or understandings with any other persons to distribute or regarding the distribution of such Shares. The Purchaser is acquiring
the Shares hereunder in the ordinary course of its business.

 

(c) Purchaser
Status. At the time the Purchaser was offered the Shares, it was, and as of the date hereof it is an “accredited investor”
as defined in Rule 501(a) under the Securities Act.

 

(d) Experience
of the Purchaser. The Purchaser, either alone or together with its representatives, has such knowledge, sophistication and
experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment
in the Shares, and has so evaluated the merits and risks of such investment. The Purchaser understands that an investment in the
Shares involves a high degree of risk, including the risks set forth in the Company’s filings with the Commission under
the Exchange Act since Januay 1, 2018 (the “SEC Reports”). The Purchaser is able to bear the economic risk of an investment
in the Shares and, at the present time, is able to afford a complete loss of such investment.

 

    - 3 -

     

    

 

(e) Access
to Information. The Purchaser acknowledges that it has had the opportunity to review the Transaction Documents (including
all exhibits and schedules thereto) and the SEC Reports and has been afforded, (i) the opportunity to ask such questions as it
has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the
offering of the Shares and the merits and risks of investing in the Shares; (ii) access to information about the Company and its
financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate
its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without
unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment.

 

(f) Restricted
Securities. The Purchaser understands that the Shares are restricted securities within the meaning of the Securities Act,
have not been registered under the Securities Act or any state securities laws and may not be transferred or sold except pursuant
to an effective registration statement or an available exemption therefrom.

 

ARTICLE
IV.

MISCELLANEOUS

 

4.1 Expenses.
The Company shall pay all Transfer Agent fees (including, without limitation, any fees required for same-day processing of any
instruction letter delivered by the Company), stamp taxes and other taxes and duties levied in connection with the delivery of
the Shares to the Purchaser other than income and capital gains taxes of the Purchaser that may be incurred in connection with
the transactions contemplated hereby.

 

4.2 Entire
Agreement. The Transaction Documents contain the entire understanding of the parties with respect to the subject matter hereof
and thereof and supersede all prior agreements and understandings, oral or written, with respect to such matters, which the parties
acknowledge have been merged into such documents, exhibits and schedules.

 

4.3 Notices.
Any and all notices or other communications or deliveries required or permitted to be provided hereunder shall be in writing and
shall be deemed given and effective on the earliest of: (a) the date of transmission, if such notice or communication is delivered
via facsimile or e-mail at the facsimile number or e-mail address set forth on the signature pages attached hereto at or prior
to 5:30 p.m. (New York City time) on a Trading Day, (b) the next Trading Day after the date of transmission, if such notice or
communication is delivered via facsimile or e-mail at the facsimile number or e-mail address set forth on the signature pages
attached hereto on a day that is not a Trading Day or later than 5:30 p.m. (New York City time) on any Trading Day, (c) the second
(2nd) Trading Day following the date of mailing, if sent by U.S. nationally recognized overnight courier service or (d) upon actual
receipt by the party to whom such notice is required to be given. The address for such notices and communications shall be as
set forth on the signature pages attached hereto.

 

4.4 Amendments;
Waivers. No provision of this Agreement may be waived, modified, supplemented or amended except in a written instrument signed
by the Company and the Purchaser. No waiver of any default with respect to any provision, condition or requirement of this Agreement
shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision,
condition or requirement hereof, nor shall any delay or omission of any party to exercise any right hereunder in any manner impair
the exercise of any such right.

 

4.5 Headings.
The headings herein are for convenience only, do not constitute a part of this Agreement and shall not be deemed to limit or affect
any of the provisions hereof.

 

4.6 Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and permitted
assigns. Neither the Purchaser nor the Company may assign this Agreement or any rights or obligations hereunder without the prior
written consent of the other party (other than by operation of law).

 

    - 4 -

     

    

 

4.7 Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of the Transaction Documents shall
be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the
principles of conflicts of law thereof. Each party agrees that all legal proceedings concerning the interpretations, enforcement
and defense of the transactions contemplated by this Agreement and any other Transaction Documents (whether brought against a
party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be
commenced exclusively in the state and federal courts sitting in the City of New York. Each party hereby irrevocably submits to
the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of Manhattan for the adjudication
of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including
with respect to the enforcement of any of the Transaction Documents), and hereby irrevocably waives, and agrees not to assert
in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such
suit, action or proceeding is improper or is an inconvenient venue for such proceeding. Each party hereby irrevocably waives personal
service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof via registered
or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under
this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing
contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law. If either
party shall commence an action or proceeding to enforce any provisions of the Transaction Documents, then the prevailing party
in such action, suit or proceeding shall be reimbursed by the other party for its reasonable attorneys’ fees and other costs
and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

4.8 Survival.
The representations and warranties contained herein shall survive the Closing and the delivery of the Shares.

 

4.9 Execution.
This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same
agreement and shall become effective when counterparts have been signed by each party and delivered to each other party, it being
understood that the parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission
or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of
the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf”
signature page were an original thereof.

 

4.10 Severability.
If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid,
illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain
in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their commercially
reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated
by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that
they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that may be
hereafter declared invalid, illegal, void or unenforceable.

 

4.11 Remedies.
In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of damages, the Purchaser
and the Company will be entitled to specific performance under the Transaction Documents. The parties agree that monetary damages
may not be adequate compensation for any loss incurred by reason of any breach of obligations contained in the Transaction Documents
and hereby agree to waive and not to assert in any action for specific performance of any such obligation the defense that a remedy
at law would be adequate.

 

4.12 Saturdays,
Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right required
or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding
Business Day.

 

4.13 Construction.
The parties agree that each of them and/or their respective counsel have reviewed and had an opportunity to revise the Transaction
Documents and, therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting
party shall not be employed in the interpretation of the Transaction Documents or any amendments thereto. In addition, each and
every reference to share prices and shares of Common Stock in any Transaction Document shall be subject to adjustment for reverse
and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after
the date of this Agreement.

 

4.14 No
Third Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective successors
and permitted assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other Person, except as
otherwise set forth in Section 4.6 hereof.

 

4.15 Replacement
of Shares. If any certificate or instrument evidencing any Shares is mutilated, lost, stolen or destroyed, the Company shall
issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in
lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory
to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances
shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement
Shares.

 

[Signature
Pages Follow]

 

    - 5 -

     

    

 

IN
WITNESS WHEREOF, the the undersigned has duly executed this Securities Purchase Agreement as of the date first indicated above.

 

HASH
LABS INC.

 

	By:	 	 
	Name: 	J.
    Mark Goode	 
	Title:	Chief
    Executive Officer	 

 

Address
for Notice:

 

78
SW 7th Street

Miami,
FL 33130

 

 

 

 

 

 

 

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK

SIGNATURE
PAGE FOR PURCHASER FOLLOWS]

 

    - 6 -

     

    

 

[PURCHASER
SIGNATURE PAGE TO HASH LABS INC. SECURITIES PURCHASE AGREEMENT]

 

IN
WITNESS WHEREOF, the undersigned has duly executed this Securities Purchase Agreement as of the date first indicated above.

 

	 	 

 

Address
for Notice:

 

Address
for delivery of Shares (if different from address for notice):

 

Social
Security #:

 

 

 

- 7 -

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