Document:

Exhibit
4.3 

 

THESE
SECURITIES AND THE SECURITIES INTO WHICH THEY CONVERT HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE
COMMISSION NOR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXE:MPTION FROM REGISTRATION UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AND COMPANY RESTRICTIONS.

 

FORM
OF 10% CONVERTIBLE PROMISSORY NOTE

 

FOR
VALUE RECEIVED, The Chron Organization, Inc., a Nevada corporation, its successors and assigns (the “Company) promises to
pay to the order of [_________], a [_____] corporation (“Holder”), in immediately available funds, the aggregate principal
amount set forth below (the “Principal Amount”), plus all accrued interest thereon, in accordance with the terms of
this Convertible Promissory Note (“Note”).

 

	EFFECTIVE
    DATE:	[_______]
	PRINCIPAL
    AMOUNT:	$[_____]
	ORIGINAL
    ISSUANCE DISCOUNT:	[__]%
    of principal amount
	NET
    PROCEEDS TO THE COMPANY:	$[_____]
	MATURITY
    DATE:	[______]

 

	1.	INCORPORATION.
    This Note is being issued pursuant to the terms of that certain Loan Agreement, dated as of [_______] by and between the
    Company and the Holder (the “Loan Agreement”). If not otherwise defined herein, all capitalized terms herein shall
    have the meanings given to them in the Loan Agreement. Further, all of the terms, representations, warranties, agreements,
    covenants and conditions set forth in the Loan Agreement are incorporated herein by reference. To the extent that there is
    a conflict between any condition, term or provision of this Note and the Loan Agreement, the conditions, terms, and provisions
    set forth herein shall specifically supersede the conflicting conditions, provisions and/or terms in the Loan Agreement.
	 	 
	2.	PAYMENT
    All outstanding principal shall be due [_______] from the Effective Date (“Maturity Date”). If at the Maturity
    Date all or a portion of the Note has not been converted into common stock of the Company, the Company shall have three (3)
    days after the Maturity Date to deliver payment of the balance of the Note to the Holder. Payment shall be made at Holder’s
    address at 7951 SW 6th Street, Suite 216, Plantation, FL 33324, or as otherwise directed by Holder.
	 	 
	3.	INTEREST
    Interest shall be accrued on the unpaid principal balance of this Note at the annual rate of [_______] until the entire
    Principal Amount is paid in full. Interest shall not be compounded and shall be computed on the basis of a three hundred sixty
    (360) day year comprised of twelve (12) months of thirty (30) days each, with any calculation based upon a partial month of
    less than thirty (30) days based on actual days lapsed. The Company will make interest payments every six months, with the
    first interest payment due six (6) months from the Effective Date hereof and on each 6 months from such date until all interest
    and outstanding principal is paid in full.

 

    	 	 	 

     

    

 

	4.	PREPAYMENT.
    The Company may, at its option, at any time and from time to time, prepay all or any part of the principal balance of
    this Note before the Maturity Date, with a penalty or premium equal to [__]% of the sum of any outstanding Principal and any
    interest accrued as of the prepayment date; provided, that it shall provide Holder with fifteen (15) days’ advanced
    written notice of its intent to prepay this Note. Holder shall have the option to elect to convert this Note per the terms
    of this Note at any time prior to the Company’ s prepayment. Any partial prepayments would be applied to accrued interest
    balance first.
	 	 
	5.	REORGANIZATION
    In case of any consolidation or merger of the Company with or into any other corporation, entity or person, or any other
    corporate reorganization, in which the Company shall not be the continuing or surviving entity of such consolidation, merger
    or reorganization (any such transaction being hereinafter referred to as a “Reorganization”), then, in each case,
    the Holder of this Note, on conversion hereof at any time after the consummation or effective date of such Reorganization
    (the “Reorganization Date”), shall receive, in lieu of the shares of stock or other securities at any time issuable
    upon the conversion of this Note issuable on such conversion prior to the Reorganization Date, the stock and other securities
    and property (including cash) to which such Holder would have been entitled upon the Reorganization Date if such Holder had
    converted this Note immediately prior thereto. The Company shall ensure that the surviving entity in any Reorganization specifically
    assumes the Company’s obligations under this Note and the Loan Agreement.
	 	 
	6.	CONVERSION
    Upon written notice (“Conversion Notice”), at any time or from time to time, the Holder at its sole option, may
    convert the outstanding Principal Amount of this Note, or any portion of the Principal Amount hereof, and any accrued interest,
    in whole or in part, into shares of the common stock of the Company (the “ Common Stock”). Any amount so converted
    will be converted into common stock of the Company at a price of [__]% of the lowest trading price on the primary trading
    market on which the Company’ s Common Stock is quoted for the twenty (20) trading days immediately prior to but not
    including the Conversion Date (“Conversion Price”), however, in no case shall the Conversion Price be less than
    $[___] per share. Notwithstanding any other provision of this Note, the Holder may not convert this Note if such conversion
    would cause Holder’s beneficial ownership (as defined by Section 13(d) of the Securities Exchange Act of 1934, as amended)
    of the Company to exceed 4.9% of its total issued and outstanding common or voting shares. Upon not less than sixty-one (61)
    days advance written notice, at any time or from time to time, the Holder at its sole discretion, may waive this 4.9% conversion
    limit. However, the Holder agrees not to convert this Note if such conversion would cause Holder’s beneficial ownership
    (as defined by Section 13(d) of the Securities Exchange Act of l934, as amended) of the Company to exceed 9.9% of its total
    issued and outstanding common or voting shares. Any common shares converted under this Note need to be delivered to the Holder
    within five (5) business days of the receipt of Conversion Notice.
	 	 
	7.	CONVERSION
    COST. The Company agrees to reimburse Holder’s non-accountable legal fees and certificate processing cost by adding
    $[____] to the Principal for each note conversion effected by Holder; however, in no case shall the total conversion cost
    of this Note be over $[_______]

 

    	 	 	 

     

    

 

	8.	COMMON
    SHARE ISSUANCE. Upon receipt by the Company of a written request from Holder to convert any amount due under any Note,
    subject to any limitations on conversion contained in any Note, the Company shall have five (5) business days (“Delivery
    Date”) to issue the shares of Common Stock rightfully listed in such request. If the Company fails to timely deliver
    the shares through willful failure or deliberate hindrance, the Company shall pay to Holder in immediately available funds
    $[_______]per day past the Delivery Date that the shares are actually issued. Any amounts due under this Section shall be
    paid by the fifth (5th) day of the month following the month in which they accrued or, at the option of Holder, may be added
    to the principal under any Note. The Company agrees that the right to convert the Notes is a valuable right to Holder and
    a material consideration of it entering this Agreement. The parties agree that it would be impracticable and extremely difficult
    to ascertain the amount of actual damages caused by a failure of the Company to timely deliver shares as required hereby.
    Therefore, the parties agree that the foregoing liquidated damages provision represents reasonable compensation for the loss
    which would be incurred by the Holder due to any such breach. The parties agree that this Section is not intended to in any
    way limit Holder’s right to pursue other remedies, including actual damages and/or equitable relief.
	 	 
	9.	REGISTRATION
    RIGHTS. This Note will have registration rights. The Company shall prepare and file with the United States Securities
    and Exchange Commission (the “Commission”) a registration statement on Form S-1 (the “ Form S-1”)
    within 30 days of Effective Date to cover this Note. The Form S-1 Should be effective within 75 days of Effective Date. The
    additional Notes will be issued pursuant to an effective Form S-1. The legal fees associated with filing the Form S-1 shall
    be paid by Company. Further, all of the terms, representations, warranties, agreements, covenants and conditions set forth
    in the Registration Rights Agreement are incorporated herein by reference. To the extent that there is a conflict between
    any condition, term or provision of this Note and the Registration Rights Agreement, the conditions, terms, and provisions
    set forth herein shall specifically supersede the conflicting conditions, provisions and/or terms in the Registration Rights
    Agreement.
	 	 
	10.
    	ADJUSTMENTS.
    In case the Company shall at any time prior to the conversion of the Note, or the maturity of the Note, whichever first
    occurs, effect a recapitalization or reclassification of such character that its Common Stock shall be changed into or become
    exchangeable for a larger number of shares, then the Conversion Price shall be appropriately adjusted to reflect any such
    event. There shall be no adjustment to the Conversion Price of the Promissory Note in the event of a reverse stock split or
    other reduction in the Company’s shares.
	 	 
	11.
    	DEFAULT
    The occurrence of any one of the following events shall constitute an Event of Default:

 

	 	a)	The
    non-payment, when due or upon demand, of any principal or interest pursuant to this Note;
	 	 	 
	 	b)	The
    material breach of any representation or warranty in the Loan Agreement;
	 	 	 
	 	c)	The
    breach of any material covenant or undertaking herein or therein the Loan Agreement;

 

    	 	 	 

     

    

 

	 	d)	The
    commencement by the Company of any voluntary proceeding under any bankruptcy, reorganization, arrangement, insolvency, readjustment
    of debt, receivership, dissolution, or liquidation law or statute of any jurisdiction, whether now or hereafter in effect;
    or the adjudication of the Company as insolvent or bankrupt by a decree of a court of competent jurisdiction; or the petition
    or application by the Company for, acquiescence in, or consent by the Company to, the appointment of any receiver or trustee
    for the Company or for all or a substantial part of the property of the Company; or the assignment by the Company for the
    benefit of creditors; or the written admission of the Company of its inability to pay its debts as they mature;
	 	 	 
	 	e)	The
    commencement against the Company of any proceeding relating to the Company under any bankruptcy, reorganization, arrangement,
    insolvency, adjustment of debt, receivership, dissolution or liquidation law or statute of any jurisdiction, whether now or
    hereafter in effect, provided, however, that the commencement of such a proceeding shall not constitute an Event of Default
    unless the Company consents to the same or admits in writing the material allegations of same, or said proceeding shall remain
    undismissed for 20 days; or the issuance of any order, judgment or decree for the appointment of a receiver or trustee for
    the Company or for all or a substantial part of the property of the Company, which order, judgment or decree remains undismissed
    for 20 days; or a warrant of attachment, execution , or similar process shall be issued against any substantial part of the
    property of the Company;
	 	 	 
	 	f)	The
    Company liquidates, transfers, sells or assigns substantially all of its assets or elects to wind down its operations or dissolve;
	 	 	 
	 	g)	The
    Company fails to maintain irrevocable TA instruction or file with the Company’s transfer agent;
	 	 	 
	 	h)	The
    Company fails to stay current in its SEC reporting obligations, including maintaining XBRL financial information on the Company’s
    corporate website;
	 	 	 
	 	i)	The
    Company fails to deliver the Holder the shares of Common Stock rightfully listed in the Conversion Notice and Warrant Exercise
    Notice within five (5) business days;
	 	 	 
	 	j)	The
    Company defaults on any other debt or warrant agreement exceeding a value of $[_______];
	 	 	 
	 	k)	The
    Company breaches any other agreement it has with Holder or his assigns;
	 	 	 
	 	1)	The
    Company interferes with Holder’s or its assigns’ efforts to remove the restrictive legend from the Common Stock
    issued as a result of conversion of the Note when Holder or his assign has provided an attorney opinion letter opining that
    the shares are eligible to have the legend removed pursuant to Rule 144 or otherwise.

 

    	 	 	 

     

    

 

There
will be no cure period available for the Event of Default as defined in Section 11(d) and 11(e); Upon the occurrence of any Event
of Default, and provided such Event of Default as defined in Section ll(a) through l l (c), and 1l(f) through 11(1), has not been
cured by the Company within five (5) business days after the occurrence of such Event of Default (except a payment default of
any interest, principal and/or other amount when due, of which no cure period is available), the Holder, may, by written notice
to the Company, declare all or any portion of the unpaid Principal Amount due to Holder, together with all accrued interest thereon,
immediately due and payable (without advanced notice as may otherwise by required hereunder); provided that upon the occurrence
of an Event of Default as set forth in paragraph (d) or paragraph (e) hereof, all or any portion of the unpaid Principal Amount
due to Holder, together with all accrued interest thereon, shall immediately become due and payable without any such notice. Holder
shall also have all other remedies available under law and equity. There shall be a default charge equal to [__]% of the sum of
any unpaid principal plus any interest accrued as of the default date.

 

In
the event that Holder at its sole discretion elects to allow the Company to continue with repayment of the principal and interest
on this Note after an Event of Default, the interest rate on the unpaid principal of this Note will change to [__]% or the highest
interest rate currently allowable under Nevada law for loans of this amount (the “Default Interest Rate”). In the
event of any changes under Nevada law relating to the increases or decreases of allowable interest rates, this Note will be changed
to the highest amount allowable under Nevada law without notification or further ratification. As of the date of Default or any
Event of Default, assuming the Holder allows reinstatement or continuation of this Note, the Default Interest Rate shall become
the new rate of interest on this Note.

 

Any
payments that the Holder allows under this section shall be made through a wire transfer of funds or Certified Check.

 

Upon
the occurrence of any Event of Default, the Holder at any time, at its sole discretion, may elect to immediately (without prior
notice) convert the outstanding Principal Amount of this Note, or any portion of the Principal Amount hereof, and any accrued
interest, in whole or in part, into shares of the Common Stock, according to the terms of this Note.

 

	12.	NOTICE.
    Any and all notices, demands, advance requests or other communications required or desired to be given hereunder by any
    party shall be in writing and shall be validly given or made to another party if (i) personally served, (ii) sent by email
    on the date such email is sent (provided confirmation of such email being sent is provided upon request) (iii) deposited in
    the United States mail, postage prepaid, return receipt requested, or (iv) by facsimile with confirmation receipt. Notice
    hereunder is to be given as follows:

 

If
to the Company:

The
Chron Organization, Inc.

5851
Legacy Circle, Suite 600

Plano,
Texas 75024

Attn:
Alex Rodriguez

 

If
to the Holder:

[  ]

 

    	 	 	 

     

    

 

	13.	REPRESENTATIONS
    AND WARRANTIES BY HOLDER. Holder, by its acceptance of this Note, represents and warrants to Company as follows:

 

(a)
Holder is acquiring the Security with the intent to hold as an investment and not with a view of distribution.

 

(b)
Holder is an “accredited investor” within the definition contained in Rule 501(a) under the Securities Act of
1933, as amended (the “Securities Act”), and is acquiring the Security for its own account, for
investment, and not with a view to, or for sale in connection with, the distribution thereof or of any interest therein.
Holder has adequate net worth and means of providing for its current needs and contingencies and is able to sustain a
complete loss of the investment in the Security, and has no need for liquidity in such investment. Holder, itself or through
its officers, employees or agents, has sufficient knowledge and experience in financial and business matters to be capable of
evaluating the merits and risks of an investment such as an investment in the Securities, and Holder, either alone or through
its officers, employees or agents, has evaluated the merits and risks of the investment in the Security.

 

(c)
Holder acknowledges and agrees that it is purchasing the Security hereunder based upon its own inspection, examination and
determination with respect thereto as to all matters, and without reliance upon any express or implied representations or
warranties of any nature, whether in writing, orally or otherwise, made by or on behalf of or imputed to the
Company.

 

(d)
Holder has no contract, arrangement or understanding with any broker, finder, investment bank, financial intermediary or
similar agent with respect to any of the transactions contemplated by this Agreement.

 

	14.	SUCCESSION
    AND ASSIGNABILITY. This Note shall be binding upon and inure to the benefit of the parties hereto and their respective
    successors and permitted assigns. The Holder may assign any of his or its rights, interests, or obligations hereunder on his
    or its own discretion without further approval from the Company.
	 	 
	15.	GOVERNING
    LAW AND CONSENT TO JURISDICTION. This Note shall be governed by and construed in accordance with the laws of the State
    of Nevada, without regard to conflict of law provisions. All disputes arising out of or in connection with this Note, or in
    respect of any legal relationship associated with or derived from this Note, shall only be heard in any competent court residing
    in Clark County, Nevada. The Company agrees that a final judgment in any such action or proceeding shall be conclusive and
    may be enforced in other jurisdictions by suit on the judgment or in any manner provided by law. The Company further waives
    any objection to venue in any such action or proceeding on the basis of inconvenient forum. The Company agrees that any action
    on or proceeding brought against the Holder shall only be brought in such courts.
	 	 
	16.	ATTORNEYS
    FEES. In the event the Holder hereof shall refer this Note to an attorney to enforce the terms hereof, the Company agrees
    to pay all the costs and expenses incurred in attempting or effecting the enforcement of the Holder’s rights, including
    reasonable attorney’s fees, whether or not suit is instituted.

 

    	 	 	 

     

    

 

	17.	CONFORMITY
    WITH LAW. It is the intention of the Company and of the Holder to conform strictly to applicable usury and similar laws. Accordingly,
    notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest
    under applicable usury and similar laws that are contracted for, chargeable or receivable under or in respect of this Note,
    shall under no circumstances exceed the maximum amount of interest permitted by such laws, and any excess, whether occasioned
    by acceleration or maturity of this Note or otherwise, shall be canceled automatically, and if theretofore paid, shall be
    either refunded to the Company or credited on the Principal Amount of this Note.
	 	 
	18.	SEVERABILITY.
    If any portion of this Note is declared by a court of competent jurisdiction to be invalid or unenforceable, such portion
    shall be deemed severed from this Note, and the remaining part shall remain in full force and effect as if no such invalid
    or unenforceable provisions had been a part of this Note.
	 	 
	19.	WAIVER.
    Holder shall not be deemed to have waived any rights under this Note unless such waiver is given in a dated writing signed
    by Holder. No delay or omission on the part of Holder in exercising any right pursuant to this Note shall operate as a waiver
    of such right or any other right. A waiver by Holder of any provision of this Note or of any rights against any individual,
    entity or collateral shall not prejudice or constitute a waiver of strict compliance of any other provision of this Note by
    any other individual or entity. No prior waiver by Holder or course of dealing between Holder and any individual or entity
    collectively constituting the Company shall constitute a waiver of any rights of Holder or of any obligations pursuant to
    this Note.
	 	 
	20.	This
    Note and the Loan Agreement (and the warrant issued thereunder) constitute the entire agreement between the parties relating
    to the subject matter hereof, and may not be altered or amended except by written agreement signed by the parties.

 

    	 	 	 

     

    

 

In
witness whereof, the below parties signed and sealed this Note as of above date written.

 

THE
CHRON ORGANIZATION, INC.

(“COMPANY”)

 

	By:
    	 	 
	Name:
    	Alex
    Rodriguez	 
	Title:	President	 

 

	HOLDER	 
	 	     	 
	By:	 	 
	Name:	 	 
	Title:	 	 

 

Initial:______Exhibit
10.1

 

FORM
OF LOAN

AGREEMENT

 

This
Loan Agreement (“Agreement”) is made and entered into in this [  ] day of [_____] 2017 (“Effective
Date”), by and between The Chron Organization, Inc., a Nevada corporation, its successors and assigns (the “Company”),
and [_______]., a Florida corporation (“Lender”).

 

RECITALS

 

WHEREAS,
the Company is in need of capital for working capital and product expansion and Lender has
agreed to provide up to $[_______] of such capital according to the terms hereof; and

 

WHEREAS,
Lender and Company enter into this Agreement to establish terms by which Lender, in its sole discretion, may fund Loans, as set
forth herein and therein the related Notes, described below.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration,
the sufficiency of which is acknowledged by Lender and Company (each “party” and, collectively, “parties”),
the parties hereby agree as follows:

 

1.
LOANS; PROMISSORY NOTES. Lender may loan the Company up to $[______] pursuant to the terms hereof; provided, nothing
herein or otherwise shall obligate Lender to make any future loans to the Company. All sums advanced pursuant to the terms
of this Agreement (each a “Loan” and collectively, the “Loans”) shall be evidenced by a separate [_]%
convertible promissory note (each a “Note” and collectively, the “Notes”), in substantially the form set
forth as Exhibit A hereto. Each Note shall be in the aggregate principal amount of the Loan made at each Closing and shall be
convertible into shares of the Company’s common stock (the “Common Stock”) pursuant to the terms contained in
each Note at any time after its issuance, at Lender’s sole options. All covenants, conditions and agreements contained herein
are made a part of each Note, unless modified therein.

 

a.
It is currently anticipated that Loans shall be made according to the schedule contained in Exhibit C hereto.

 

b.
First tranche of $[______] shall be disbursed within three days after Closing.

 

c.
Second tranche of $[______] shall be disbursed upon effectiveness of the registration statement on Form S-1.

 

d.
Third tranche of $[______] shall be disbursed upon the Company reaching a sales goal of $[______] in any fiscal quarter.

 

e.
Any request for a Loan may be made from time to time and subject to Lender approval. Requests for Loans may be made orally
or in writing. Lender may refuse to make any requested Loan in its sole discretion.

 

f.
Unless stated otherwise in the Note, the Note will automatically mature [______] months from the date of the applicable Note.

 

Initial_____

Initial_____

 

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Form
of Loan Agreement

 

g.
All sums advanced pursuant to this Agreement shall bear simple interest from the date the Loan is made until paid in full at an
interest rate of [___]% per annum. Interest not paid shall not compound and will be calculated on the basis of a 360 day year.
Interest shall be paid by the Company semi-annually.

 

2.
WARRANTS. Upon receipt of the first tranche of $[______], [______] Warrants shall be granted to the Lender with a strike
price of $[______]per share, which is in substantially the form set forth as Exhibit B hereto (the “Warrant”). The
Warrants shall be exercisable for a period of three (3) years from Closing, cashless, reversible up to a maximum amount equal
to a 1-[__] reverse split (i.e. if a reverse is 1-50, the number of Warrants would reverse only at 1-20, AND, the strike price
would remain unaffected). Notwithstanding any other provision of the Warrant, the Lender may not exercise the Warrants if such
exercise would cause Lender’s beneficial ownership (as defined by Section 13(d) of the Securities Exchange Act of 1934,
as amended) of the Common Stock of the Company to exceed [___]% of its total issued and outstanding Common Stock or voting shares.
In addition, the Warrants’ cashless feature shall be removed when such Warrants are registered in an effective Form S-1
registration statement.

 

3.
CLOSING FEE. Closing fee of $[______]for legal documents preparation shall be deducted from the principal of the Note
at the Closing.

 

4.
REPRESENTATIONS AND WARRANTIES BY THE COMPANY. In order to induce Lender to enter into this Agreement and to make the
Loans provided for herein, Company represents and warrants to Lender as follows:

 

a.
Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing
under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets
and to conduct its business as it is now being conducted.

 

b.
Non-Shell Status. The Company is not now or ever been a shell as that term is defined in Rule 405 of the Securities Act.

 

c.
Authorization; Enforcement. The Company has the requisite corporate power and authority to enter into and perform this
Agreement, the Notes, and the Warrants (all such documents together with all amendments, schedules, exhibits, annexes, supplements
and related items, to each such document shall hereinafter be collectively referred to as, the “Transaction Documents”).
The execution, delivery and performance of the Transaction Documents by the Company, and the consummation by it of the transactions
contemplated in, have been duly and validly authorized by all necessary corporate action. The Transaction Documents, when executed
and delivered, will constitute valid and binding obligations of the Company enforceable against the Company in accordance with
their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation,
conservatorship, receivership or similar laws relating to, or affecting generally the enforcement of, creditor’s rights
and remedies or by other equitable principles of general application.

 

d.
Disclosure. None of the Transaction Documents nor any other document, certificate or instrument furnished to the Lender
by or on behalf of the Company in connection with the transactions contemplated by the Transaction Documents contains any untrue
statement of a material fact or omits to state a material fact necessary in order to make the statements made herein or therein,
in the light of the circumstances under which they were made herein or therein, not misleading.

 

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Form
of Loan Agreement

 

e.
Adequate Shares. The Company will at all times have authorized and reserved a sufficient number of shares of Common Stock
to provide for the exercise of the rights represented by the respective Warrants and initial Note. Initial reserve will be set
at [______] shares of Common Stock. Additional reserves shall be provided prior to subsequent tranches being disbursed.

 

f.
Periodic Filings. The Company at all times will remain current in its reporting requirements with the SEC under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) including maintaining XBRL financial information on the Company’s
corporate website.

 

5.
REPRESENTATIONS AND WARRANTIES BY LENDER. Lender, by its acceptance of this Agreement, represents and warrants to Company
as follows:

 

(a)
Lender is acquiring the Notes and Warrants with the intent to hold as an investment and not with a view of distribution.

 

(b)
Lender is an “accredited investor” within the definition contained in Rule 501(a) under the Securities Act of 1933,
as amended (the “Securities Act”), and is acquiring the Note for its own account, for investment, and not with
a view to, or for sale in connection with, the distribution thereof or of any interest therein. Lender has adequate net worth
and means of providing for its current needs and contingencies and is able to sustain a complete loss of the investment in the
Note, and has no need for liquidity in such investment. Lender, itself or through its officers, employees or agents, has sufficient
knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of an investment such
as an investment in the Securities, and Lender, either alone or through its officers, employees or agents, has evaluated the merits
and risks of the investment in the Note.

 

(c)
Lender acknowledges and agrees that it is purchasing the Notes and Warrants hereunder based upon its own inspection, examination
and determination with respect thereto as to all matters, and without reliance upon any express or implied representations or
warranties of any nature, whether in writing, orally or otherwise, made by or on behalf of or imputed to the Company.

 

(d)
Lender has no contract, arrangement or understanding with any broker, finder, investment bank, financial intermediary or similar
agent with respect to any of the transactions contemplated by this Agreement.

 

(e)
No Shorting, Etc. Lender agrees that for a period of twenty-four (24) months after the Closing of the sale of the Notes by the
Company to Lender, neither Lender nor any of its affiliates, whether in their own capacity or through a third party, shall directly
or indirectly enter into or effect any “short sales” (as such term is defined in Rule 10a-1 of the Exchange Act) of
shares of Common Stock or any hedging transaction, including obtaining and/or borrowing any shares of Common Stock, which establishes
a net short position with respect to the shares of Common Stock underlying the Warrants and Notes, whether on a U.S. domestic
exchange or any foreign exchange.

  

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Form
of Loan Agreement

 

6.
COMMON SHARE ISSUANCE. Upon receipt by the Company of a written request from Lender to convert any amount due under
any Note or to exercise any portion of any Warrant, subject to any limitations on conversion or exercise contained in any Note
and/or Warrant, the Company shall have five (5) business days (“Delivery Date”) to issue the shares of Common Stock
rightfully listed in such request. If the Company fails to timely deliver the shares through willful failure or deliberate hindrance,
the Company shall pay to Lender in immediately available funds $[______] per day past the Delivery Date that the shares are actually
issued. Any amounts due under this Section shall be paid by the fifth (5th) day of the month following the month in which they
accrued or, at the option of Lender, may be added to the principal under any Note. The Company agrees that the right to convert
the Notes or exercise its Warrants is a valuable right to Lender and a material consideration of it entering this Agreement. The
parties agree that it would be impracticable and extremely difficult to ascertain the amount of actual damages caused by a failure
of the Company to timely deliver shares as required hereby. Therefore, the parties agree that the foregoing liquidated damages
provision represents reasonable compensation for the loss which would be incurred by the Lender due to any such breach. The parties
agree that this Section is not intended to in any way limit Lender’s right to pursue other remedies, including actual damages
and/or equitable relief.

 

7.
CONVERSION COSTS. The Company agrees to reimburse Lender’s non-accountable legal fees and certificate processing
cost by adding $[______] to the Principal for each note conversion effected by Lender; however, in no case shall the total conversion
cost of this Note be over $[______].

 

8.
EVENTS OF DEFAULT. An event of default will occur if any of the following circumstances occur (each an “Event
of Default”):

 

a.
Any representation or warranty made by Company in this Agreement or in connection with any Warrant or Note, or in any financial
statement, or any other statement furnished by Company to Lender is untrue in any material respect at the time when made or becomes
untrue.

 

b.
Default by Company in the observance or performance of any other covenant or agreement contained in this Agreement.

 

c.
Default by Company under the terms of any Note or Warrant or any other third party note or warrant that exceeds a value of $[______].

 

d.
Filing by Company of a voluntary petition in bankruptcy seeking reorganization, arrangement or readjustment of debts, or any other
relief under the Bankruptcy Code as amended or under any other insolvency act or law, state or federal, now or hereafter existing.

 

e.
Filing of an involuntary petition against Company in bankruptcy seeking reorganization, arrangement or readjustment of debts,
or any other relief under the Bankruptcy Code as amended, or under any other insolvency act or law, state or federal, now or hereafter
existing, and the continuance thereof for sixty (60) days undismissed, unbonded or undischarged.

 

f.
Company liquidates, transfers, sells or assigns substantially its assets or elects to wind down its operations or dissolve.

 

g.
The Company fails to stay current in its SEC reporting obligations, including maintaining XBRL financial information on the Company’s
corporate website.

 

h.
The Company fails to maintain irrevocable TA instruction on file with the Company’s transfer agent.

 

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                                         a g e | 4

    	 

    

 

Form
of Loan Agreement

 

i.
The Company fails to deliver the Lender the shares of Common Stock rightfully listed in any Conversion Notice or any Warrants
Exercise Notice within five (5) business days.

 

j.
The Company breaches any other agreement it has with Lender or his assigns.

 

k.
The Company interferes with Lender’s or its assigns’ efforts to remove the restrictive legend from the Common Stock
issued as a result of conversion of any Note when Lender or his assign has provided an attorney opinion letter opining that the
shares are eligible to have the legend removed pursuant to Rule 144 or otherwise.

 

9.
REMEDIES. (i) There will be no cure period available for the Event of Default as defined in Section 8(d) and 8(e);
(ii) upon the occurrence of an Event of Default as defined above, and provided such Event of Default as defined in Section 8(a)
through 8(c), and Section 8(f) through 8(k), has not been cured by the Company within five (5) business days after the occurrence
of such Event of Default, the principal and any accrued interest of the Note will be due immediately, and Lender shall have all
of the rights and remedies provided by applicable law and equity. To the extent permitted by law, Company waives any rights to
presentment, demand, protest, or notice of any kind in connection with this Agreement, any Warrant and/or any Note. No failure
or delay on the part of Lender in exercising any right, power, or privilege hereunder or thereunder will preclude any other or
further exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies provided herein are
cumulative and not exclusive of any other rights or remedies provided at law or in equity. In the event Lender shall refer this
Agreement to an attorney to enforce the terms hereof, the Company agrees to pay all the costs and expenses incurred in attempting
or effecting the enforcement of the Lender’s rights, including reasonable attorney’s fees, whether or not suit is
instituted.

 

10.
NOTICE. Any and all notices, demands, advance requests or other communications required or desired to be given hereunder
by any party shall be in writing and shall be validly given or made to another party if (i) personally served, (ii) sent by email
on the date such email is sent (provided confirmation of such email being sent is provided upon request) (iii) deposited in the
United States mail, postage prepaid, return receipt requested, or (iv) by facsimile with confirmation receipt. Notice hereunder
is to be given as follows:

 

If
to the Company:

 

The
Chron Organization Inc.

5851
Legacy Circle, Suite 600

Plano,
Texas 75024

Attn:
Alex Rodriguez

 

If
to the Lender:

 

[_________________]

 

11.
GENERAL PROVISIONS. All representations and warranties made in the Transaction Documents shall survive the execution
and delivery of this Agreement and the making of any Loans hereunder. This Agreement will be binding upon and inure to the benefit
of Company and Lender, their respective successors and assigns.

 

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                                         a g e | 5

    	 

    

 

Form
of Loan Agreement

 

12.
ENTIRE AGREEMENT. The Transaction Documents contain the entire agreement of the parties and supersedes and replaces
all prior discussions, negotiations and representations of the parties. No party shall rely upon any oral representations in entering
into this agreement, such oral representations, if any, being expressly denied by the party to whom they are attributed and it
being the intention of the parties to limit the terms of this Agreement to those matters contained herein in writing. However,
incorporated Notes shall be deemed controlling at all times with regards to any inconsistent or changed terms or amendments contained
therein.

 

13.
BINDING EFFECT. This agreement is binding upon and inures to the benefit of the parties hereto, their heirs, personal
representatives, successors and assigns. Lender may assign its rights hereunder without prior permission from the Company.

 

14.
GOVERNING LAW AND CONSENT TO JURISDICTION. This Agreement shall be governed by and construed in accordance with the
laws of the State of Nevada, without regard to conflict of law provisions. All disputes arising out of or in connection with this
Agreement, or in respect of any legal relationship associated with or derived from this Agreement, shall only be heard in any
competent court residing in Clark County, Nevada. The Company agrees that a final judgment in any such action or proceeding shall
be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any manner provided by law. The Company
further waives any objection to venue in any such action or proceeding on the basis of inconvenient forum. The Company agrees
that any action on or proceeding brought against the Lender shall only be brought in such courts.

 

15.
ATTORNEYS FEES. In the event the Lender hereof shall refer this Agreement to an attorney to enforce the terms hereof,
the Company agrees to pay all the costs and expenses incurred in attempting or effecting the enforcement of the Lender’s
rights, including reasonable attorney’s fees, whether or not suit is instituted.

 

16.
AMENDMENT. The terms of this Agreement may not be amended, modified, or eliminated without written consent of the parties.

 

17.
SEVERABILITY. Every provision of this Agreement is intended to be severable. If any term or provision thereof is illegal
or invalid for any reason whatsoever, such illegality or invalidity shall not affect the validity or legality of the remainder
of this Agreement.

 

18.
CONSTRUCTION. Section and paragraph headings are for convenience only and do not affect the meaning or interpretation
of this Agreement. No rule of construction or interpretation that disfavors the party drafting this Agreement or any of its provisions
will apply to the interpretation of this Agreement. Instead, this Agreement will be interpreted according to the fair meaning
of its terms.

 

19.
FURTHER ASSURANCES. Each party hereto agrees to do all things, including execute, acknowledge and/or deliver any documents
which may be reasonably necessary, appropriate or desirable to effectuate the transactions contemplated herein pursuant to terms
and conditions of this Agreement.

 

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Form
of Loan Agreement

 

IN
WITNESS WHEREOF, the parties hereto enter into this Loan Agreement which is effective as of the date first written.

 

	Company:	 	Lender:
	 	 	 	 	    
	The
    Chron Organization, Inc.	 	 	 
	 	 	 	 	 
	By:	/s/
    Alex Rodriguez	 	By:	 
	Name:	Alex
    Rodriguez	 	Name:	 
	Title:	President	 	Title:	 

 

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                                         a g e | 7

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