Document:

SHARE
EXCHANGE AGREEMENT

 

This
Share Exchange Agreement (the “Agreement”), is made and entered into as of May 13, 2016, by and among Sino
Fortune Corporation, a Nevada cormpany (“Parent”), Benefactum Alliance Holdings Company Limited, a British
Virgin Islands company, the (“Company”), and the shareholders of the Company (each a “Shareholder”
and collectively the “Shareholders”). Certain other capitalized terms used in this Agreement are defined in
Exhibit A attached hereto.

 

RECITALS

 

WHEREAS,
the Company has 800,000,000 ordinary shares, par value $0.00025 (the “Shares”) outstanding, all of which are held
by the Shareholders. The Shareholders have agreed to transfer the Shares to Parent in exchange for 50,000,000 newly issued restricted
shares of common stock, par value $0.001 per share, of Parent (the “Parent Common Stock”).;

 

WHEREAS,
the exchange of shares for Parent Common Stock is intended to constitute a reorganization within the meaning of Section 351 of
the Internal Revenue Code of 1986, as amended (the “Code”), or such other tax free reorganization or restructuring
provisions as may be available under the Code and to qualify as a transaction in securities exempt from registration or qualification
under the Securities Act of 1933, as amended and in effect on the date of this Agreement (the “Securities Act”).;

 

WHEREAS,
the Board of Directors of each of the Parent and the Company has determined that it is desirable and in the best interests of
the shareholders of their respective companies to effect this plan of reorganization and share exchange.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the foregoing and the mutual promises, representations, warranties, covenants and agreements herein
contained, the parties hereto, intending to be legally bound, hereby agree as follows:

 

ARTICLE
1

 

EXCHANGE
OF SHARES

 

1.1.Exchange
by the Shareholders. At the Closing, the Shareholders shall sell, transfer, convey, assign and deliver to the Parent their
Shares free and clear of all Liens in exchange for an aggregate of 50,000,000 (Fifty Million) restricted shares of Parent Common
Stock, in the amounts for each Shareholder set forth in Exhibit B (the “Exchange Consideration”).

 

1.2.Closing.
The closing (the “Closing”) of the transactions contemplated by this Agreement (the “Transactions”)
shall take place at the offices of Sichenzia Ross Friedman Ference LLP in New York, New York, commencing upon the satisfaction
or waiver of all conditions and obligations of the parties to consummate the transactions contemplated hereby (other than conditions
and obligations with respect to the actions that the respective parties will take at Closing) on or before August 31, 2016 or
such other date and time as the parties may mutually determine (the “Closing Date”).

 

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ARTICLE
2

 

REPRESENTATIONS
OF THE SHAREHOLDERS

 

Each
Shareholder, severally and not jointly and only as to itself, represents and warrants to the Parent, as follows:

 

2.1Good
Title. The Shareholder is the record and beneficial owner, and has good and marketable title to its Shares (as set forth on
Exhibit B), with the right and authority to sell and deliver such Shares to Parent as provided herein. Upon registering
of the Parent as the new owner of such Shares in the share register of the Company, the Parent will receive good title to such
Shares, free and clear of all Liens.

 

2.2Power
and Authority. All acts required to be taken by the Shareholder to enter into this Agreement and to carry out the Transactions
have been properly taken. The obligations of the Shareholder under this Agreement constitute legal, valid and binding obligations
of the Shareholder, enforceable against such Shareholder in accordance with the terms hereof.

 

2.3No
Conflicts. The execution and delivery of this Agreement by the Shareholder and the performance by the Shareholder of its obligations
hereunder in accordance with the terms hereof: (i) will not require the consent of any Governmental Entity under any Laws; (ii)
will not violate any Law applicable to such Shareholder; and (iii) will not violate or breach any contractual obligation to which
such Shareholder is a party.

 

2.4No
Finder’s Fee. The Shareholder has not created any obligation for any finder’s, investment banker’s or broker’s
fee in connection with the transactions contemplated under this Agreement that the Company or the Parent will be responsible for.

 

2.5Purchase
Entirely for Own Account. The Parent Common Stock proposed to be acquired by the Shareholder hereunder will be acquired for
investment for its own account, and not with a view to the resale or distribution of any part thereof, and the Shareholder has
no present intention of selling or otherwise distributing the Parent Common Stock, except in compliance with applicable securities
laws.

 

2.6Available
Information. The Shareholder has such knowledge and experience in financial and business matters that it is capable of evaluating
the merits and risks of an investment in the Parent.

 

2.7Non-Registration.
The Shareholder understands that the Parent Common Stock has not been registered under the Securities Act of 1933, as amended
and, if issued in accordance with the provisions of this Agreement, will be issued by reason of a specific exemption from the
registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent
and the accuracy of the Shareholder’s representations as expressed herein. The non-registration shall have no prejudice
with respect to any rights, interests, benefits and entitlements attached to the Parent Common Stock in accordance with the Parent
charter documents or the laws of its jurisdiction of incorporation.

 

2.8Restricted
Securities. The Shareholder understands that the Parent Common Stock is characterized as “restricted securities”
under the Securities Act inasmuch as this Agreement contemplates that, if acquired by the Shareholder pursuant hereto, the Parent
Common Stock would be acquired in a transaction not involving a public offering. The Shareholder further acknowledges that if
the Parent Common Stock is issued to the Shareholder in accordance with the provisions of this Agreement, such Parent Common Stock
may not be resold without registration under the Securities Act or the existence of an exemption therefrom.

 

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2.9Legends.
The Shareholder understands that the Parent Common Stock will bear the following legend or another legend that is similar
to the following:

 

THESE
SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE
UPON AN EXEMPTION 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 AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF
WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT
SECURED BY SUCH SECURITIES.

 

and
any legend required by the “blue sky” laws of any state to the extent such laws are applicable to the securities represented
by the certificate so legended.

 

2.10Regulation
S. The Shareholder is a non-“U.S. Person” within the meaning of Regulation S under the Securities Act.

 

ARTICLE
3

 

REPRESENTATIONS
AND WARRANTIES OF THE COMPANY

 

The
Company represents and warrants to Parent that, except as set forth in the disclosure schedules delivered by the Company to Parent
(the “Company Disclosure Schedule”) which have been provided to Parent prior to the date hereof.

 

3.1.Organization,
Standing and Corporate Power. The Company and the Benefactum Subsidiaries are duly organized,
validly existing and in good standing under the Laws of British Virgin Islands and the People’s Republic of China and have
the requisite corporate power and authority and all government licenses, authorizations, Permits, consents and approvals required
to own, lease and operate its properties and carry on its business as now being conducted. The Company and the Benefactum Subsidiaries
are duly qualified or licensed to do business and are in good standing in each jurisdiction in which the nature of their business
or the ownership or leasing of their properties makes such qualification or licensing necessary, other than in such jurisdictions
where the failure to be so qualified or licensed (individually or in the aggregate) would not have a Material Adverse Effect.

 

3.2.Subsidiaries.
The Company is the parent of Benefactum Sino Limited, a company incorporated in Hong SAR
(“Benefactum Hong Kong”), which is turn a parent of Benefactum Alliance (Shenzhen) Investment Consulting Company Limited,
a company incorporated in the People’s Republic of China (“Benefactum Shenzhen”). By virtue of a series of contractual
agreements, Benefactum Shenzhen acts as the management company for Benefactum Alliance Business Consultant (Beijing) Co., Ltd
(“Benefactum Beijing”), which is in the business of providing financial and consulting services. The contractual arrangements
effectively transfer the preponderance of the economic benefits of Benefactum Beijing to Benefactum Shenzhen and Benefactum Shenzhen
assumed effective control and management over Benefactum Beijing. Benefactum Hong Kong, Benefactum Shenzhen and Benefactum Beijing
shall be collectively referred to as the “Benefactum Subsidiaries”. 

 

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3.3.Capital
Structure of the Company. As of the date of this Agreement, the number of shares and type of
all authorized, issued and outstanding capital stock of the Company and the Benefactum Subsidiaries, and all shares of capital
stock reserved for issuance under the Company and the Benefactum Subsidiaries ’ various option and incentive plans is specified
on Schedule 3.3. Except as set forth in Schedule 3.3, no shares of capital stock or other equity securities of the Company and
the Benefactum Subsidiaries are issued, reserved for issuance or outstanding. All outstanding shares of capital stock of the Company
and the Benefactum Subsidiaries are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive
rights. Except as set forth on Schedule 3.3, there are no outstanding bonds, debentures, notes or other indebtedness or other
securities of the Company and the Benefactum Subsidiaries having the right to vote (or convertible into, or exchangeable for,
securities having the right to vote) on any matters. Except as set forth in Schedule 3.3, there are no outstanding securities,
options, warrants, calls, rights, commitments, agreements, arrangements or undertakings of any kind to which the Company or the
Benefactum Subsidiaries is/are a party or by which it/they is/are bound obligating the Company or the Benefactum Subsidiaries
to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other equity or voting
securities of the Company or the Benefactum Subsidiaries or obligating the Company or the Benefactum Subsidiaries to issue, grant,
extend or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement or undertaking. Except
on Schedule 3.3, there are no outstanding contractual obligations, commitments, understandings or arrangements of the Company
or the Benefactum Subsidiaries to repurchase, redeem or otherwise acquire or make any payment in respect of any shares of capital
stock of the Company or the Benefactum Subsidiaries. Except as set forth on Schedule 3.3, there are no agreements or arrangements
pursuant to which the Company or the Benefactum Subsidiaries is or could be required to register shares of Company or the Benefactum
Subsidiaries’ Common Stock or other securities under the Securities Act or other agreements or arrangements with or among
any security holders of the Company or the Benefactum Subsidiaries with respect to securities of the Company or the Benefactum
Subsidiaries.

 

3.4.Corporate
Authority; Noncontravention. The Company and the Benefactum Subsidiaries have all requisite
corporate and other power and authority to enter into this Agreement and to consummate the Transactions, the execution and delivery
of this Agreement by the Company and the consummation by the Company of the Transactions have been (or at Closing will have been)
duly authorized by all necessary corporate action on the part of the Company. This Agreement has been duly executed and when delivered
by the Company shall constitute a valid and binding obligation of the Company, enforceable against the Company in accordance with
its terms, except as such enforcement may be limited by bankruptcy, insolvency or other similar Laws affecting the enforcement
of creditors’ rights generally or by general principles of equity. The execution and delivery of this Agreement do not,
and the consummation of the Transactions and compliance with the provisions hereof will not, conflict with, or result in any breach
or violation of, or Default (with or without notice or lapse of time, or both) under, or give rise to a right of termination,
cancellation or acceleration of or “put” right with respect to any obligation or to a loss of a material benefit under,
or result in the creation of any Lien upon any of the properties or Assets of the Company under, (i) the Certificate of Incorporation,
Bylaws or other organizational or charter documents of the Company (the “Company Charter Documents”),
(ii) any loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, Permit, concession,
franchise or license applicable to the Company, its properties or Assets, or (iii) subject to the governmental filings and other
matters referred to in the following sentence, any judgment, Order, decree, statute, Law, ordinance, rule, regulation or arbitration
award applicable to the Company, its properties or Assets, other than, in the case of clauses (ii) and (iii), any such conflicts,
breaches, violations, Defaults, rights, losses or Liens that individually or in the aggregate could not have a Material Adverse
Effect with respect to the Company or could not prevent, hinder or materially delay the ability of the Company to consummate the
Transactions.

 

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3.5.Governmental
Authorization. No consent, approval, Order or authorization of, or registration, declaration
or filing with, or notice to, any Governmental Entity, is required by or with respect to the Company and the Benefactum Subsidiaries
in connection with the execution and delivery of this Agreement by the Company and the Benefactum Subsidiaries or the consummation
by the Company of the Transactions contemplated hereby, except, with respect to this Agreement, any filings under the Securities
Act or Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (the “Exchange
Act”).

 

3.6.Financial
Statements.

 

(a)The
Company has provided Parent a copy of the audited financial statements of Benefactum Beijing for the year ended December 31, 2015
(the “Financial Statements”). The Financial Statements fairly present the financial condition of Benefactum
Beijing at the dates indicated and its results of operations and cash flows for the periods then ended and, except as indicated
therein, reflect all claims against, debts and liabilities of the Benefactum Beijing, fixed or contingent, and of whatever nature,
as of the dates indicated.

 

(b)Since
December 31, 2015 (the “Company Balance Sheet Date”), there has been no Material Adverse Effect with respect
to the Company and the Benefactum Subsidiaries.

 

(c)Since
the Company Balance Sheet Date, the Company and the Benefactum Subsidiaries have not suffered any damage, destruction or loss
of physical property (whether or not covered by insurance) affecting its condition (financial or otherwise) or operations (present
or prospective), nor have the Company and the Benefactum Subsidiaries issued, sold or otherwise disposed of, or agreed to issue,
sell or otherwise dispose of, any capital stock or any other security of the Company and the Benefactum Subsidiaries and have
not granted or agreed to grant any option, warrant or other right to subscribe for or to purchase any capital stock or any other
security of the Company or the Benefactum Subsidiaries or have incurred or agreed to incur any indebtedness for borrowed money.

 

3.7.Absence
of Certain Changes or Events. Since the Company Balance Sheet Date, the Company and the Benefactum
Subsidiaries have conducted their business only in the ordinary course consistent with past practice, and there is not and has
not been any:

 

(a)Material
Adverse Effect with respect to the Company and the Benefactum Subsidiaries;

 

(b)event
which, if it had taken place following the execution of this Agreement, would not have been permitted by Section 5.1 without prior
consent of Parent;

 

(c)condition,
event or occurrence which could reasonably be expected to prevent, hinder or materially delay the ability of the Company to consummate
the Transactions;

 

(d)incurrence,
assumption or guarantee by the Company and the Benefactum Subsidiaries of any indebtedness for borrowed money other than in the
ordinary course and in amounts and on terms consistent with past practices;

 

(e)creation
or other incurrence by the Company and the Benefactum Subsidiaries of any Lien on any asset other than in the ordinary course
consistent with past practices;

 

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(f)labor
dispute, other than routine, individual grievances, or, to the Knowledge of the Company, any activity or proceeding by a labor
union or representative thereof to organize any employees of the Company and the Benefactum Subsidiaries or any lockouts, strikes,
slowdowns, work stoppages or threats by or with respect to such employees;

 

(g)payment,
prepayment or discharge of liability other than in the ordinary course of business or any failure to pay any liability when due;

 

(h)material
write-offs or write-downs of any Assets of the Company and the Benefactum Subsidiaries;

 

(i)damage,
destruction or loss having, or reasonably expected to have, a Material Adverse Effect on the Company and the Benefactum Subsidiaries;

 

(j)other
condition, event or occurrence which individually or in the aggregate could reasonably be expected to have a Material Adverse
Effect or give rise to a Material Adverse Effect with respect to the Company and the Benefactum Subsidiaries;

 

(k)transaction
or commitment made, or any Contract or agreement entered into, by the Company and the Benefactum Subsidiaries relating to their
Assets or business (including the acquisition or disposition of any Assets) or any relinquishment by the Company or the Benefactum
Subsidiaries or any Contract or other right, in either case, material to the Company or the Benefactum Subsidiaries, other than
transactions and commitments in the ordinary course consistent with past practices and those contemplated in this Agreement; or

 

(l)agreement
or commitment to do any of the foregoing.

 

3.8.Certain
Fees. No brokerage or finder’s fees or commissions are or will be payable by the Company
and the Benefactum Subsidiaries to any broker, financial advisor or consultant, finder, placement agent, investment banker, bank
or other person with respect to the Transactions.

 

3.9.Litigation;
Labor Matters; Compliance with Laws.

 

(a)There
is no suit, action or proceeding or investigation pending or, to the Knowledge of the Company, threatened against or affecting
the Company and the Benefactum Subsidiaries or any basis for any such suit, action, proceeding or investigation that, individually
or in the aggregate, could reasonably be expected to have a Material Adverse Effect with respect to the Company and the Benefactum
Subsidiaries or prevent, hinder or materially delay the ability of the Company to consummate the Transactions, nor is there any
judgment, decree, injunction, rule or Order of any Governmental Entity or arbitrator outstanding against the Company and the Benefactum
Subsidiaries having, or which, insofar as reasonably could be foreseen by the Company, in the future could have, any such effect.

 

(b)The
Company and the Benefactum Subsidiaries are not a party to, or bound by, any collective bargaining agreement, Contract or other
agreement or understanding with a labor union or labor organization, nor are they the subject of any proceeding asserting that
they have committed an unfair labor practice or seeking to compel them to bargain with any labor organization as to wages or conditions
of employment nor is there any strike, work stoppage or other labor dispute involving them pending or, to the Company’s
Knowledge, threatened, any of which could have a Material Adverse Effect with respect to Company or the Benefactum Subsidiaries.

 

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(c)The
conduct of the business of the Company and the Benefactum Subsidiaries complies with all statutes, Laws, regulations, ordinances,
rules, judgments, Orders, decrees or arbitration awards applicable thereto, except as would not have a Material Adverse Effect
with respect to the Company and the Benefactum Subsidiaries.

 

3.10.Benefit
Plans. The Company and the Benefactum Subsidiaries are not a party to any Benefit Plan under
which the Company or the Benefactum Subsidiaries currently has/have an obligation to provide benefits to any current or former
employee, officer or director of the Company or the Benefactum Subsidiaries, other than as required by British Virgin Islands
law, Hong Kong law or the People’s Republic of China law, as the case may be. As used herein, “Benefit Plan”
shall mean any employee benefit plan, program, or arrangement of any kind, including any defined benefit or defined contribution
plan, stock ownership plan, executive compensation program or arrangement, bonus plan, incentive compensation plan or arrangement,
profit sharing plan or arrangement, deferred compensation plan, agreement or arrangement, supplemental retirement plan or arrangement,
vacation pay, sickness, disability, or death benefit plan (whether provided through insurance, on a funded or unfunded basis,
or otherwise), medical or life insurance plan providing benefits to employees, retirees, or former employees or any of their dependents,
survivors, or beneficiaries, employee stock option or stock purchase plan, severance pay, termination, salary continuation, or
employee assistance plan.

 

3.11.Tax
Returns and Tax Payments.

 

(a)The
Company and the Benefactum Subsidiaries have timely filed with the appropriate taxing authorities all Tax Returns required to
be filed by it (taking into account all applicable extensions). All such Tax Returns are true, correct and complete in all respects.
All Taxes due and owing by the Company and the Benefactum Subsidiaries have been paid (whether or not shown on any Tax Return
and whether or not any Tax Return was required). The Company and the Benefactum Subsidiaries are not currently the beneficiary
of any extension of time within which to file any Tax Return or pay any Tax. No claim has ever been made in writing or otherwise
addressed to the Company and the Benefactum Subsidiaries by a taxing authority in a jurisdiction where the Company and the Benefactum
Subsidiaries do not file Tax Returns that they are or may be subject to taxation by that jurisdiction. The unpaid Taxes of the
Company and the Benefactum Subsidiaries did not, as of the Company Balance Sheet Date, exceed the reserve for Tax liability (excluding
any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of
the financial statements (rather than in any notes thereto). Since the Company Balance Sheet Date, neither the Company nor any
of the Benefactum Subsidiaries has incurred any liability for Taxes outside the ordinary course of business consistent with past
custom and practice. As of the Closing Date, the unpaid Taxes of the Company and the Benefactum Subsidiaries will not exceed the
reserve for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and
Tax income) set forth on the books and records of the Company and the Benefactum Subsidiaries.

 

(b)No
material claim for unpaid Taxes has been made or become a Lien against the property of the Company or the Benefactum Subsidiaries
or is being asserted against the Company or the Benefactum Subsidiaries, no audit of any Tax Return of the Company or the Benefactum
Subsidiaries is being conducted by a tax authority, and no extension of the statute of limitations on the assessment of any Taxes
has been granted by the Company or the Benefactum Subsidiaries and is currently in effect. The Company and the Benefactum Subsidiaries
have withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee,
independent contractor, creditor, shareholder or other third party.

 

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(c)As
used herein, “Taxes” shall mean all taxes of any kind, including, without limitation, those on or measured
by or referred to as income, gross receipts, sales, use, ad valorem, franchise, profits, license, withholding, payroll, employment,
excise, severance, stamp, occupation, premium, value added, property or windfall profits taxes, customs, duties or similar fees,
assessments or charges of any kind whatsoever, together with any interest and any penalties, additions to tax or additional amounts
imposed by any governmental authority, domestic or foreign. As used herein, “Tax Return” shall mean any return,
report or statement required to be filed with any governmental authority with respect to Taxes.

 

3.12.Environmental
Matters. The Company and the Benefactum Subsidiaries are in compliance with all Environmental
Laws in all material respects. The Company and the Benefactum Subsidiaries have not received any written notice regarding any
violation of any Environmental Laws, including any investigatory, remedial or corrective obligations which, if determined adversely
to the Company, would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. The
Company and the Benefactum Subsidiaries hold all Permits and authorizations required under applicable Environmental Laws, unless
the failure to hold such Permits and authorizations would not have a Material Adverse Effect on the Company and the Benefactum
Subsidiaries, and are in compliance with all terms, conditions and provisions of all such Permits and authorizations in all material
respects. No releases of Hazardous Materials have occurred at, from, in, to, on or under any real property currently or formerly
owned, operated or leased by the Company and the Benefactum Subsidiaries or any predecessor thereof and no Hazardous Materials
are present in, on, about or migrating to or from any such property which could result in any liability to the Company. and the
Benefactum Subsidiaries The Company and the Benefactum Subsidiaries have not transported or arranged for the treatment, storage,
handling, disposal, or transportation of any Hazardous Material to any off-site location which could result in any liability to
the Company and the Benefactum Subsidiaries. The Company and the Benefactum Subsidiaries have no liability, absolute or contingent,
under any Environmental Laws that if enforced or collected would have a Material Adverse Effect on the Company and the Benefactum
Subsidiaries. There are no past, pending or threatened claims under Environmental Laws against the Company and the Benefactum
Subsidiaries and Company is not aware of any facts or circumstances that could reasonably be expected to result in a liability
or claim against the Company and the Benefactum Subsidiaries pursuant to Environmental Laws.

 

3.13.Material
Agreements.

 

(a)Schedule
3.13 lists the following contracts and other agreements (“Material Agreements”) to which the Company and
the Benefactum Subsidiaries are a party: (i) any agreement (or group of related agreements) for the lease of real or personal
property, including capital leases, to or from any person providing for annual lease payments in excess of $25,000; (ii) any licensing
agreement, or any agreement forming a partnership, strategic alliances, profit sharing or joint venture; (iii) any agreement (or
group of related agreements) under which it has created, incurred, assumed, or guaranteed any indebtedness for borrowed money
in excess of $25,000, or under which a security interest has been imposed on any of its Assets, tangible or intangible; (iv) any
profit sharing, deferred compensation, severance, or other material plan or arrangement for the benefit of their current or former
officers, directors and managers or any of their employees; (v) any employment or independent contractor agreement providing annual
compensation in excess of $25,000 or providing post-termination or severance payments or benefits or that cannot be cancelled
without more than thirty (30) days’ notice; (vi) any agreement with any current or former officer, director, shareholder,
members, manager or affiliate of them; (vii) any agreements relating to the acquisition (by merger, purchase of units or assets
or otherwise) by the Company or the Benefactum Subsidiaries of any operating business or material assets or the capital stock
of any other person; (viii) any agreements for the sale of any of the Assets of the Company or the Benefactum Subsidiaries, other
than in the ordinary course of business; (ix) any outstanding agreements of guaranty, surety or indemnification, direct or indirect,
by the Company or the Benefactum Subsidiaries; (x) any royalty agreements, licenses or other agreements relating to Intellectual
Property (excluding licenses pertaining to “off-the-shelf” commercially available software used pursuant to shrink-wrap
or click-through license agreements on reasonable terms for a license fee of no more than $10,000); and (xi) any other agreement
under which the consequences of a default or termination could reasonably be expected to have a Material Adverse Effect on the
Company or the Benefactum Subsidiaries.

 

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(b)The
Company has made available to Parent either an original or a correct and complete copy of each written Material Agreement. Except
as set forth on Schedule 3.13, with respect to each Material Agreement to which the Company or the Benefactum Subsidiaries
is a party thereto: (i) the agreement is the legal, valid, binding, enforceable obligation of the Company or the Benefactum Subsidiaries,
as the case may be, and is in full force and effect in all material respects, subject to bankruptcy and equitable remedies exceptions;
(ii) (A) the Company and the Benefactum Subsidiaries are not in material breach or default thereof and (B) no event has occurred
which, with notice or lapse of time, would constitute a material breach or default of, or permit termination, modification, or
acceleration under, the Material Agreement; and (iii) the Company and the Benefactum Subsidiaries have not repudiated any material
provision of the agreement.

 

3.14.Material
Contract Defaults. The Company and the Benefactum Subsidiaries are not, or have not received
any notice or have any Knowledge that any other party is, in Material Contract Default under any Company Material Contract; and
there has not occurred any event that with the lapse of time or the giving of notice or both would constitute such a Material
Contract Default. For purposes of this Agreement, a “Company Material Contract”
means any Contract that is effective as of the Closing Date to which the Company or the Benefactum Subsidiaries is a party (i)
with expected receipts or expenditures in excess of $25,000, (ii) requiring the Company or the Benefactum Subsidiaries to indemnify
any person, (iii) granting exclusive rights to any party, or (iv) evidencing indebtedness for borrowed or loaned money in excess
of $25,000, including guarantees of such indebtedness.

 

3.15.Accounts
Receivable. All of the accounts receivable of the Company and the Benefactum Subsidiaries that
are reflected on the Company Financial Statements or the accounting records of the Company and the Benefactum Subsidiaries as
of the Closing (collectively, the “Accounts Receivable”) represent
or will represent valid obligations arising from sales actually made or services actually performed in the ordinary course of
business and are not subject to any defenses, counterclaims, or rights of set off other than those arising in the ordinary course
of business and for which adequate reserves have been established. The Accounts Receivable are fully collectible to the extent
not reserved for on the balance sheet on which they are shown.

 

3.16.Properties.
Company and the Benefactum Subsidiaries have valid land use rights for all real property that
is material to their business and good, clear and marketable title to all the tangible properties and tangible Assets reflected
in the latest balance sheet as being owned by Company and the Benefactum Subsidiaries or acquired after the date thereof which
are, individually or in the aggregate, material to their business (except properties sold or otherwise disposed of since the date
thereof in the ordinary course of business), free and clear of all Material Liens, encumbrances, claims, security interest, options
and restrictions of any nature whatsoever. Any real property and facilities held under lease by Company or the Benefactum Subsidiaries
are held by them under valid, subsisting and enforceable leases of which each of Company and the Benefactum Subsidiaries is in
compliance, except as could not, individually or in the aggregate, have or reasonably be expected to result in a Material Adverse
Effect.

 

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3.17.Intellectual
Property.

 

(i)As
used in this Agreement, “Intellectual Property” means all right, title and interest in or relating to all intellectual
property, whether protected, created or arising under the laws of the United States or any other jurisdiction or under any international
convention, including, but not limited to the following: (a) service marks, trademarks, trade names, trade dress, logos and corporate
names (and any derivations, modifications or adaptations thereof), Internet domain names and Internet websites (and content thereof),
together with the goodwill associated with any of the foregoing, and all applications, registrations, renewals and extensions
thereof (collectively, “Marks”); (b) patents and patent applications, including all continuations, divisionals,
continuations-in-part and provisionals and patents issuing thereon, and all reissues, reexaminations, substitutions, renewals
and extensions thereof (collectively, “Patents”); (c) copyrights, works of authorship and moral rights, and
all registrations, applications, renewals, extensions and reversions thereof (collectively, “Copyrights”);
(d) confidential and proprietary information, trade secrets and non-public discoveries, concepts, ideas, research and development,
technology, know-how, formulae, inventions (whether or not patentable and whether or not reduced to practice), compositions, processes,
techniques, technical data and information, procedures, designs, drawings, specifications, databases, customer lists, supplier
lists, pricing and cost information, and business and marketing plans and proposals, in each case excluding any rights in respect
of any of the foregoing that comprise or are protected by Patents (collectively, “Trade Secrets”); and (e)
Technology. For purposes of this Agreement, “Technology” means all Software, information, designs, formulae,
algorithms, procedures, methods, techniques, ideas, know-how, research and development, technical data, programs, subroutines,
tools, materials, specifications, processes, inventions (whether or not patentable and whether or not reduced to practice), apparatus,
creations, improvements and other similar materials, and all recordings, graphs, drawings, reports, analyses, and other writings,
and other embodiments of any of the foregoing, in any form or media whether or not specifically listed herein. Further, for purposes
of this Agreement, “Software” means any and all computer programs, whether in source code or object code; databases
and compilations, whether machine readable or otherwise; descriptions, flow-charts and other work product used to design, plan,
organize and develop any of the foregoing; and all documentation, including user manuals and other training documentation, related
to any of the foregoing.

 

(ii)Schedule
3.17 sets forth a list and description of the Intellectual Property required for the Company and the Benefactum Subsidiaries
to operate, or used or held for use by the Company and the Benefactum Subsidiaries, in the operation of their business, including,
but not limited to (a) all issued Patents and pending Patent applications, registered Marks, pending applications for registration
of Marks, unregistered Marks, registered Copyrights of the Company and the Benefactum Subsidiaries and the record owner, registration
or application date, serial or registration number, and jurisdiction of such registration or application of each such item of
Intellectual Property, (b) all Software developed by or for the Company and the Benefactum Subsidiaries and (c) any Software not
exclusively owned by the Company and the Benefactum Subsidiaries and incorporated, embedded or bundled with any Software listed
in clause (b) above (except for commercially available software and so-called “shrink wrap” software licensed to the
Company and the Benefactum Subsidiaries on reasonable terms through commercial distributors or in consumer retail stores for a
license fee of no more than $10,000).

 

(iii)The
Company and the Benefactum Subsidiaries are the exclusive owner(s) of or have a valid and enforceable right to use all Intellectual
Property listed for the Company in Schedule 3.17 (and any other Intellectual Property required to be listed in Schedule
3.17) as the same are used, sold, licensed and otherwise commercially exploited by the Company and the Benefactum Subsidiaries,
free and clear of all Liens, security interests, encumbrances or any other obligations to others (other than obligations under
the license agreements pursuant to which such Intellectual Property is licensed to the Company), and no such Intellectual Property
has been abandoned. The Intellectual Property owned by the Company or the Benefactum Subsidiaries and the Intellectual Property
licensed to them pursuant to valid and enforceable written license agreements include all of the Intellectual Property necessary
and sufficient to enable the Company and the Benefactum Subsidiaries to conduct their business in the manner in which such business
is currently being conducted. The Intellectual Property owned by the Company and the Benefactum Subsidiaries and their rights
in and to such Intellectual Property are valid and enforceable.

 

    	 	10	 

    	 

    

 

(iv)The
Company and the Benefactum Subsidiaries have not received, and are not aware of, any written or oral notice of any reasonable
basis for an allegation against the Company and the Benefactum Subsidiaries of any infringement, misappropriation, or violation
by the Company and the Benefactum Subsidiaries of any rights of any third party with respect to any Intellectual Property, and
the Company and the Benefactum Subsidiaries are not aware of any reasonable basis for any claim challenging the ownership, use,
validity or enforceability of any Intellectual Property owned, used or held for use by the Company and the Benefactum Subsidiaries.
The Company and the Benefactum Subsidiaries do not have any knowledge (a) of any third-party use of any Intellectual Property
owned by or exclusively licensed to the Company or the Benefactum Subsidiaries, (b) that any third-party has a right to use any
such Intellectual Property, or (c) that any third party is infringing, misappropriating, or otherwise violating (or has infringed,
misappropriated or violated) any such Intellectual Property.

 

(v)To
the Company’s Knowledge, the Company and the Benefactum Subsidiaries have not infringed, misappropriated or otherwise violated
any Intellectual Property rights of any third parties, and the Company is not aware of any infringement, misappropriation or violation
of any third party rights which will occur as a result of the continued operation of the Company and the Benefactum Subsidiaries
as presently operated and/or the consummation of the Transactions.

 

(vi)The
Company and the Benefactum Subsidiaries have taken adequate security measures to protect the confidentiality and value of their
Trade Secrets (and any confidential information owned by a third party to whom the Company and the Benefactum Subsidiaries have
a confidentiality obligation).

 

(vii)The
consummation of the Transactions will not adversely affect the right of the Company and the Benefactum Subsidiaries to own or
use any Intellectual Property owned, used or held for use by them.

 

3.18.Board
Recommendation. The Board of Directors of the Company has determined that the terms of the Transactions
are fair to and in the best interests of the shareholders of the Company.

 

3.19.Undisclosed
Liabilities. The Company and the Benefactum Subsidiaries have no liabilities or monetary obligations
of any nature (whether fixed or unfixed, secured or unsecured, known or unknown and whether absolute, accrued, contingent, or
otherwise) except for such liabilities or obligations reflected or reserved against in the Company Financial Statements, incurred
in the ordinary course of business after the Company Balance Sheet Date.

 

3.20.No
Registration of Securities. The Company understands and acknowledges that except as set
forth in this Agreement, the offering, exchange and issuance of Exchange Consideration pursuant to this Agreement will not be
registered under the Securities Act on the grounds that the offering, sale, exchange and issuance of securities contemplated
by this Agreement are exempt from registration pursuant to Section 4(a)(2) of the Securities Act, and that Parent’s
reliance upon such exemption is predicated in part upon the Company’s and the Shareholders’ representations
herein and upon the representations contained in the Stockholder Representation Letters, the form of which is attached as Exhibit
C to this Agreement.

 

3.21.Parent
Information. The Company acknowledges that it has had access to the documents filed by Parent
under the Exchange Act, since the end of its most recently completed fiscal year to the date hereof, and has carefully reviewed
the same (“Exchange Act Documents”). The Company further acknowledges
that Parent has made available to it the opportunity to ask questions of and receive answers from Parent’s officers and
directors concerning the terms and conditions of this Agreement and the business and financial condition of Parent, and the Company
has received to its satisfaction, such information about the business and financial condition of Parent and the terms and conditions
of the Agreement as it has requested. The Company has carefully considered the potential risks relating to Parent and investing
in the Exchange Consideration, and fully understands that such securities are speculative investments, which involve a high degree
of risk of loss of the Company and its stockholders’ entire investment. Among others, the Company has carefully considered
each of the risks identified under the caption “Risk Factors” in the Exchange Act Documents, which are incorporated
herein by reference. 

 

    	 	11	 

    	 

    

 

3.22.Full
Disclosure. All of the representations and warranties made by the Company in this Agreement,
including the Company Disclosure Schedules attached hereto, and all statements set forth in the certificates delivered by the
Company at the Closing pursuant to this Agreement, are true, correct and complete in all material respects and do not contain
any untrue statement of a material fact or omit to state any material fact necessary in order to make such representations, warranties
or statements, in light of the circumstances under which they were made, misleading. The copies of all documents furnished by
the Company pursuant to the terms of this Agreement are complete and accurate copies of the original documents. The schedules,
certificates, and any and all other statements and information, whether furnished in written or electronic form, to Parent or
its representatives by or on behalf of any of the Company or its Affiliates in connection with the negotiation of this Agreement
and the transactions contemplated hereby do not contain any material misstatement of fact or omit to state a material fact or
any fact necessary to make the statements contained therein not misleading.

 

ARTICLE
4

 

REPRESENTATIONS
AND WARRANTIES OF PARENT

 

Parent
represents and warrants to the Company and the Shareholders that, except as set forth in Parent Disclosure Schedule:

 

4.1.Organization,
Standing, Corporate Power and Quotation of Common Stock. Each of Parent and its Subsidiaries
is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has the
requisite corporate power and authority and all government licenses, authorizations, Permits, consents and approvals required
to own, lease and operate its properties and carry on its business as now being conducted. Each of Parent and its Subsidiaries
is duly qualified or licensed to do business and is in good standing in each jurisdiction in which the nature of its business
or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions
where the failure to be so qualified or licensed (individually or in the aggregate) would not have a Material Adverse Effect with
respect to Parent. Parent has taken all steps required to qualify shares of common stock of Parent, par value $0.001 (“Parent
Common Stock”), to become quoted on the OTCQB under the corporate name and symbol
described in Section 8.3(i), including filing of Form 211, and submission of all materials required by the OTCQB for such quotation.
If the Parent has no Subsidiaries, all other references to the Subsidiaries or any of them in this Agreement, shall be disregarded.

 

4.2.Subsidiaries.
The Subsidiaries of the Parent, and the authorized and outstanding capital stock of each are
set forth on Schedule 4.2. All of the outstanding capital stock of the Parent’s Subsidiaries are owned by Parent
free and clear of all Liens. Other than as set forth on Schedule 4.2, Parent does not own directly or indirectly, any equity
or other ownership interest in any company, corporation, partnership, joint venture or otherwise. 

 

    	 	12	 

    	 

    

 

4.3.Capital
Structure of Parent

 

Immediately
prior to the issuance of the Exchange Consideration at Closing, the authorized capital stock of Parent will consist of 3,000,000,000
shares of Parent Common Stock, $0.001 par value, of which no more than 5,460,000 shares of Parent Common Stock will be issued
and outstanding, and no shares of Parent Common Stock will be issuable upon the exercise of outstanding warrants, convertible
notes, options or otherwise (except as described below). All outstanding shares of capital stock of Parent and its Subsidiaries
are, and all shares which may be issued pursuant to this Agreement will be, when issued, duly authorized, validly issued, fully
paid and nonassessable, not subject to preemptive rights, and issued in compliance with all applicable state and federal Laws
concerning the issuance of securities. Except for the Parent Common Stock, there are no outstanding bonds, debentures, notes or
other indebtedness or other securities of Parent having the right to vote (or convertible into, or exchangeable for, securities
having the right to vote). There are no outstanding securities, options, warrants, calls, rights, commitments, agreements, arrangements
or undertakings of any kind to which Parent or any of its Subsidiaries is a party or by which Parent or any of its Subsidiaries
is bound obligating Parent or any of its Subsidiaries to issue, deliver or sell, or cause to be issued, delivered or sold, additional
shares of capital stock or other equity securities of Parent or any of its Subsidiaries or obligating Parent or any of its Subsidiaries
to issue, grant, extend or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement or undertaking.
There are no outstanding contractual obligations, commitments, understandings or arrangements of Parent or any of its Subsidiaries
to repurchase, redeem or otherwise acquire or make any payment in respect of any shares of capital stock of Parent or any of its
Subsidiaries. There are no agreements or arrangements pursuant to which the Parent is or could be required to register shares
of Parent Common Stock or other securities under the Securities Act or other agreements or arrangements with or among any security
holders of the Parent with respect to securities of the Parent.

 

4.4.Corporate
Authority; Noncontravention. Parent has all requisite corporate and other power and authority
to enter into this Agreement and to consummate the Transactions. The execution and delivery of this Agreement by Parent and the
consummation by Parent of the transactions contemplated hereby have been (or at Closing will have been) duly authorized by all
necessary corporate action on the part of Parent. This Agreement has been duly executed and when delivered by Parent, shall constitute
a valid and binding obligation of Parent, enforceable against Parent in accordance with its terms, except as such enforcement
may be limited by bankruptcy, insolvency or other similar Laws affecting the enforcement of creditors’ rights generally
or by general principles of equity. The execution and delivery of this Agreement does not, and the consummation of the Transactions
and compliance with the provisions hereof will not, conflict with, or result in any breach or violation of, or Default (with or
without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of or “put”
right with respect to any obligation or to loss of a material benefit under, or result in the creation of any Lien upon any of
the properties or Assets of Parent under, (i) the Certificate of Incorporation, Bylaws, or other charter documents of Parent,
(ii) any loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, Permit, concession,
franchise or license applicable to Parent, its properties or Assets, or (iii) subject to the governmental filings and other matters
referred to in the following sentence, any judgment, Order, decree, statute, Law, ordinance, rule, regulation or arbitration award
applicable to Parent, its properties or Assets, other than, in the case of clauses (ii) and (iii), any such conflicts, breaches,
violations, Defaults, rights, losses or Liens that individually or in the aggregate could not have a Material Adverse Effect with
respect to Parent or could not prevent, hinder or materially delay the ability of Parent to consummate the Transactions.

 

4.5.Government
Authorization. No consent, approval, Order or authorization of, or registration, declaration
or filing with, or notice to, any Governmental Entity, is required by or with respect to Parent in connection with the execution
and delivery of this Agreement by Parent, or the consummation by Parent of the transactions contemplated hereby, except, with
respect to this Agreement, any filings under the Securities Act or the Exchange Act.

 

    	 	13	 

    	 

    

 

4.6.SEC
Documents; Undisclosed Liabilities; Financial Statements.

 

(a)Parent
has filed with the Securities and Exchange Commission (the “SEC”) all reports, schedules, forms, statements
and other documents as required under the Exchange Act and Parent has delivered or made available to the Company all reports,
schedules, forms, statements and other documents filed with the SEC (collectively, and in each case including all exhibits and
schedules thereto and documents incorporated by reference therein, the “Parent SEC Documents”). As of their
respective dates, the Parent SEC Documents complied in all material respects with the requirements of the Securities Act or the
Exchange Act, as the case may be, and the rules and regulations of the SEC promulgated thereunder applicable to such Parent SEC
Documents. Except to the extent revised or superseded by a subsequent filing with the SEC (a copy of which has been provided to
the Company prior to the date of this Agreement), none of the Parent SEC Documents contained any untrue statement of a material
fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in
light of the circumstances under which they were made, not misleading. The consolidated financial statements of Parent included
in such Parent SEC Documents comply as to form in all material respects with applicable accounting requirements and the published
rules and regulations of the SEC with respect thereto, have been prepared in accordance with GAAP (except, in the case of unaudited
consolidated quarterly statements, as permitted by Form 10-Q of the SEC) applied on a consistent basis during the periods involved
(except as may be indicated in the notes thereto) and fairly present the financial position of Parent as of the dates thereof
and the results of operations and changes in cash flows for the periods then ended (subject, in the case of unaudited quarterly
statements, to normal year-end audit adjustments as determined by Parent’s independent accountants). Except as set forth
in the Parent SEC Documents, at the date of the most recent financial statements of Parent included in the Parent SEC Documents,
Parent has not incurred any liabilities or monetary obligations of any nature (whether accrued, absolute, contingent or otherwise),
which, individually, or in the aggregate, could reasonably be expected to have a Material Adverse Effect on Parent.

 

(b)Except
as disclosed in the Parent SEC Documents filed prior to the date hereof or as set forth in this Agreement, since January 31, 2016
(the “Parent Balance Sheet Date”), there has been no Material Adverse Effect with respect to Parent.

 

(c)Except
as disclosed in the Parent SEC Documents filed prior to the date hereof or as provided in this Agreement, since the Parent Balance
Sheet Date, Parent has not issued, sold or otherwise disposed of, or agreed to issue, sell or otherwise dispose of, any capital
stock or any other security of Parent and, has not granted or agreed to grant any option, warrant or other right to subscribe
for or to purchase any capital stock or any other security of Parent or has incurred or agreed to incur any indebtedness for borrowed
money.

 

4.7.Absence
of Certain Changes. Except as disclosed in the Parent SEC Documents filed prior to the date
hereof or as set forth on Schedule 4.7, since the Parent Balance Sheet Date, Parent has conducted its business only in
the ordinary course consistent with past practice in light of its current business circumstances, and there is not and has not
been any:

 

(a)Material
Adverse Effect with respect to Parent;

 

(b)event
which, if it had taken place following the execution of this Agreement, would not have been permitted by Section 6.1 without prior
consent of the Company;

 

    	 	14	 

    	 

    

 

(c)condition,
event or occurrence which could reasonably be expected to prevent, hinder or materially delay the ability of Parent to consummate
the Transactions;

 

(d)incurrence,
assumption or guarantee by Parent of any indebtedness for borrowed money other than in the ordinary course and in amounts and
on terms consistent with past practices;

 

(e)creation
or other incurrence by Parent of any Lien on any asset other than in the ordinary course consistent with past practices;

 

(f)labor
dispute, other than routine, individual grievances, or, to the Knowledge of Parent, any activity or proceeding by a labor union
or representative thereof to organize any employees of Parent or any lockouts, strikes, slowdowns, work stoppages or threats by
or with respect to such employees;

 

(g)payment,
prepayment or discharge of liability other than in the ordinary course of business or any failure to pay any liability when due;

 

(h)material
write-offs or write-downs of any Assets of Parent;

 

(i)damage,
destruction or loss having, or reasonably expected to have, a Material Adverse Effect on Parent;

 

(j)other
condition, event or occurrence which individually or in the aggregate could reasonably be expected to have a Material Adverse
Effect or give rise to a Material Adverse Effect with respect to Parent;

 

(k)transaction
or commitment made, or any Contract or agreement entered into, by the Parent relating to its Assets or business (including the
acquisition or disposition of any Assets) or any relinquishment by the Parent or any Contract or other right, in either case,
material to the Parent, other than transactions and commitments in the ordinary course consistent with past practices and those
contemplated in this Agreement; or

 

(l)agreement
or commitment to do any of the foregoing.

 

4.8.Certain
Fees. No brokerage or finder’s fees or commissions are or will be payable by Parent to
any broker, financial advisor or consultant, finder, placement agent, investment banker, bank or other person with respect to
the Transactions.

 

4.9.Litigation;
Labor Matters; Compliance with Laws.

 

(a)There
is no suit, action or proceeding or investigation pending or, to the Knowledge of Parent, threatened against or affecting Parent
or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect with respect to Parent or prevent, hinder or materially delay the ability of Parent
to consummate the Transactions, nor is there any judgment, decree, injunction, rule or Order of any Governmental Entity or arbitrator
outstanding against Parent having, or which, insofar as reasonably could be foreseen by Parent, in the future could have, any
such effect.

 

(b)Parent
is not a party to, or bound by, any collective bargaining agreement, Contract or other agreement or understanding with a labor
union or labor organization, nor is it the subject of any proceeding asserting that it has committed an unfair labor practice
or seeking to compel it to bargain with any labor organization as to wages or conditions of employment nor is there any strike,
work stoppage or other labor dispute involving it pending or, to its Knowledge, threatened, any of which could have a Material
Adverse Effect with respect to Parent.

 

    	 	15	 

    	 

    

 

(c)The
conduct of the business of Parent complies with all statutes, Laws, regulations, ordinances, rules, judgments, Orders, decrees
or arbitration awards applicable thereto.

 

4.10.Benefit
Plans. Parent is not a party to any Benefit Plan under which Parent currently has an obligation
to provide benefits to any current or former employee, officer or director of Parent.

 

4.11.Tax
Returns and Tax Payments.

 

(a)Parent
and each of its Subsidiaries has timely filed with the appropriate taxing authorities all Tax Returns required to be filed by
it (taking into account all applicable extensions). All such Tax Returns are true, correct and complete in all respects. All Taxes
due and owing by Parent and each of its Subsidiaries has been paid (whether or not shown on any Tax Return and whether or not
any Tax Return was required). Neither Parent nor any of its Subsidiaries is currently the beneficiary of any extension of time
within which to file any Tax Return or pay any Tax. No claim has ever been made in writing or otherwise addressed to Parent or
any of its Subsidiaries by a taxing authority in a jurisdiction where Parent does not file Tax Returns that it is or may be subject
to taxation by that jurisdiction. The unpaid Taxes of Parent did not, as of the Parent Balance Sheet Date, exceed the reserve
for Tax liability (excluding any reserve for deferred Taxes established to reflect timing differences between book and Tax income)
set forth on the face of the financial statements (rather than in any notes thereto). Since the Parent Balance Sheet Date, Parent
has not incurred any liability for Taxes outside the ordinary course of business consistent with past custom and practice. As
of the Closing Date, the unpaid Taxes of Parent and its Subsidiaries will not exceed the reserve for Tax liability (excluding
any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the books and
records of Parent.

 

(b)No
material claim for unpaid Taxes has been made or become a Lien against the property of Parent or any of its Subsidiaries or is
being asserted against Parent or any of its Subsidiaries, no audit of any Tax Return of Parent or any of its Subsidiaries is being
conducted by a tax authority, and no extension of the statute of limitations on the assessment of any Taxes has been granted by
Parent or any of its Subsidiaries and is currently in effect. Parent has withheld and paid all Taxes required to have been withheld
and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or other third
party.

 

4.12.Environmental
Matters. Each of Parent and its Subsidiaries is in compliance with all requisite Environmental
Laws in all material respects. Neither Parent nor any of its Subsidiaries has received any written notice regarding any violation
of any Environmental Laws, including any investigatory, remedial or corrective obligations, which, if determined adversely to
Parent or any of its Subsidiaries, would reasonably be expected to have, either individually or in the aggregate, a Material Adverse
Effect. Each of Parent and its Subsidiaries holds all Permits and authorizations required under applicable Environmental Laws,
unless the failure to hold such Permits and authorizations would not have a Material Adverse Effect on Parent, and is compliance
with all terms, conditions and provisions of all such Permits and authorizations in all material respects. No releases of Hazardous
Materials have occurred at, from, in, to, on or under any real property currently or formerly owned, operated or leased by Parent
or any of its Subsidiaries or any predecessor thereof and no Hazardous Materials are present in, on, about or migrating to or
from any such property which could result in any liability to Parent or any of its Subsidiaries. Each of Parent and its Subsidiaries
has not transported or arranged for the treatment, storage, handling, disposal, or transportation of any Hazardous Material to
any off-site location which could result in any liability to Parent or any of its Subsidiaries. Each of Parent and its Subsidiaries
has no liability, absolute or contingent, under any Environmental Law that if enforced or collected would have a Material Adverse
Effect on Parent or any of its Subsidiaries. There are no past, pending or threatened claims under Environmental Laws against
Parent or any of its Subsidiaries and each of Parent and its Subsidiaries is not aware of any facts or circumstances that could
reasonably be expected to result in a liability or claim against Parent or any of its Subsidiaries pursuant to Environmental Laws.

 

    	 	16	 

    	 

    

 

4.13.Material
Contract Defaults. Parent is not, or has not received any notice or has any Knowledge that any
other party is, in Material Contract Default under any Parent Material Contract; and there has not occurred any event that with
the lapse of time or the giving of notice or both would constitute such a Material Contract Default. For purposes of this Agreement,
a “Parent Material Contract” means any Contract that is effective
as of the Closing Date to which the Parent is a party (i) with expected receipts or expenditures in excess of $5,000, (ii) requiring
the Parent to indemnify any person, (iii) granting exclusive rights to any party, (iv) evidencing indebtedness for borrowed or
loaned money in excess of $5,000, including guarantees of such indebtedness, or under which a security interest has been imposed
on any of its Assets, tangible or intangible; (v) any agreement (or group of related agreements) for the lease of real or personal
property, including capital leases; (vi) any licensing agreement, or any agreement forming a partnership, strategic alliances,
profit sharing or joint venture; (vii) any profit sharing, deferred compensation, severance, or other material plan or arrangement
for the benefit of its current or former officers, directors and managers or any of the Parent’s employees; (viii) any employment
or independent contractor agreement providing post-termination or severance payments or benefits or that cannot be cancelled without
more than thirty (30) days’ notice; (ix) any agreement with any current or former officer, director, shareholder, members,
manager or affiliate of the Parent; (x) any agreements relating to the acquisition (by merger, purchase of units or assets or
otherwise) by the Parent of any operating business or material assets or the capital stock of any other person; (xi) any agreements
for the sale of any of the Assets of the Parent, other than in the ordinary course of business; (xii) any outstanding agreements
of guaranty, surety or indemnification, direct or indirect, by the Parent; (xiii) any royalty agreements, licenses or other agreements
relating to Intellectual Property (excluding licenses pertaining to “off-the-shelf” commercially available software
used pursuant to shrink-wrap or click-through license agreements on reasonable terms for a license fee of no more than $5,000);
and (xiv) any other agreement under which the consequences of a default or termination could reasonably be expected to have a
Material Adverse Effect on the Parent. 

 

4.14.Accounts
Receivable. All of the accounts receivable of Parent that are reflected in the Parent SEC Documents
or the accounting records of Parent as of the Closing (collectively, the “Parent Accounts Receivable”)
represent or will represent valid obligations arising from sales actually made or services actually performed in the ordinary
course of business and are not subject to any defenses, counterclaims, or rights of set off other than those arising in the ordinary
course of business and for which adequate reserves have been established. The Parent Accounts Receivable are fully collectible
to the extent not reserved for on the balance sheet on which they are shown.

 

4.15.Properties.
Each of Parent and its Subsidiaries has valid land use rights for all real property that is
material to its business and good, clear and marketable title to all the tangible properties and tangible Assets reflected in
the latest balance sheet as being owned by Parent or acquired after the date thereof which are, individually or in the aggregate,
material to Parent’s business (except properties sold or otherwise disposed of since the date thereof in the ordinary course
of business), free and clear of all Material Liens, encumbrances, claims, security interest, options and restrictions of any nature
whatsoever. Any real property and facilities held under lease by Parent or its Subsidiaries are held by them under valid, subsisting
and enforceable leases of which each of Parent and its Subsidiaries is in compliance, except as could not, individually or in
the aggregate, have or reasonably be expected to result in a Material Adverse Effect.

 

    	 	17	 

    	 

    

 

4.16.Intellectual
Property. Each of Parent and its Subsidiaries owns or has valid rights to use the Trademarks,
trade names, domain names, copyrights, patents, logos, licenses and computer software programs (including, without limitation,
the source codes thereto) that are necessary for the conduct of its business as now being conducted. All of Parent’s and
its Subsidiaries’ licenses to use Software programs are current and have been paid for the appropriate number of users.
To the Knowledge of Parent, none of Parent’s or its Subsidiaries’ Intellectual Property infringe upon the rights of
any third party that may give rise to a cause of action or claim against Parent or each of its successors.

 

4.17.Board
Determination. The Board of Directors of Parent has unanimously determined as of the Closing
Date that the terms of the Transactions are fair to and in the best interests of Parent and its stockholders.

 

4.18.Due
Authorization. Parent represents that the issuance of the Exchange Consideration will be in
compliance with the Nevada General Corporation Law and the Certificate of Incorporation and Bylaws of Parent. The Exchange Consideration
has been duly and validly authorized and, upon issuance in accordance with this Agreement, will be duly issued, fully paid and
nonassessable and free (and not issued or sold in violation) of statutory and contractual preemptive rights, resale rights, rights
of first refusal and similar rights, taxes, claims, liens, charges, encumbrances or other restrictions (other than as provided
herein and restrictions under federal and applicable state securities laws). 

 

4.19.Undisclosed
Liabilities. Parent has no liabilities or obligations of any nature (whether fixed or unfixed, secured or unsecured, known
or unknown and whether absolute, accrued, contingent, or otherwise).

 

4.20.Full
Disclosure. All of the representations and warranties made by Parent in this Agreement, including
the Parent Disclosure Schedules attached hereto, and all statements set forth in the certificates delivered by Parent at the Closing
pursuant to this Agreement, are true, correct and complete in all material respects and do not contain any untrue statement of
a material fact or omit to state any material fact necessary in order to make such representations, warranties or statements,
in light of the circumstances under which they were made, misleading. The copies of all documents furnished by Parent pursuant
to the terms of this Agreement are complete and accurate copies of the original documents. The schedules, certificates, and any
and all other statements and information, whether in written or electronic form, to the Company or its representatives by or on
behalf of Parent or their Affiliates in connection with the negotiation of this Agreement and the transactions contemplated hereby
do not contain any material misstatement of fact or omit to state a material fact or any fact necessary to make the statements
contained therein not misleading.

 

ARTICLE
5

 

COVENANTS
OF THE COMPANY

 

5.1.Conduct
of the Company Business. From the date of this Agreement and until the Closing Date, or until
the prior termination of this Agreement, the Company and the Benefactum Subsidiaries shall not, unless agreed to in writing by
Parent:

 

(a)engage
in any transaction, except in the normal and ordinary course of business, or create or suffer to exist any Lien or other encumbrance
upon any of their assets or which will not be discharged in full prior to the Closing Date;

 

    	 	18	 

    	 

    

 

(b)sell,
assign or otherwise transfer any of its assets, or cancel or compromise any debts or claims relating to its assets, other than
for fair value, in the ordinary course of business, and consistent with past practice;

 

(c)fail
to use reasonable efforts to preserve intact its present business organizations, keep available the services of its employees
and preserve its material relationships with customers, suppliers, licensors, licensees, distributors and others, to the end that
its good will and ongoing business not be impaired prior to the Closing Date;

 

(d)intentionally
permit any Material Adverse Effect to occur with respect to the Company and the Benefactum Subsidiaries;

 

(e)make
any material change in its accounting or bookkeeping methods, principles or practices, except as required by GAAP; or

 

(f)authorize
any, or commit or agree to take any of, the foregoing actions.

 

5.2.Satisfaction
of Conditions Precedent. From and after the date of this Agreement until the earlier of the
Closing Date or the termination of this Agreement in accordance with its terms, the Company will use its commercially reasonable
efforts to satisfy or cause to be satisfied all the conditions precedent that are set forth in Article 8, and the Company will
use its commercially reasonable efforts to cause the Transactions to be consummated.

 

5.3.No
Other Negotiations. As of the date of this Agreement, the Company has not entered into any agreement
or understanding with, and is not engaging in any discussions with any third party concerning an Alternative Acquisition including,
without limitation, any agreement or understanding that would require the Company to notify any third party of the terms of this
Agreement. From and after the date of this Agreement until the earlier of the Closing Date or the termination of this Agreement
in accordance with its terms, the Company shall not, directly or indirectly, (a) initiate, solicit, encourage, negotiate, accept
or discuss any transaction or series of transactions with any Person, other than Parent and its Affiliates involving any Alternative
Acquisition, (b) provide information with respect to the Company to any Person, other than Parent and its Affiliates, relating
to a possible Alternative Acquisition by any Person, other than Parent and its Affiliates, (c) enter into an agreement with any
Person, other than Parent and its Affiliates, providing for a possible Alternative Acquisition, or (d) make or authorize any statement,
recommendation or solicitation in support of any possible Alternative Acquisition by any Person, other than by Parent and its
Affiliates.

 

If
the Company receives any unsolicited offer, inquiry or proposal to enter into discussions or negotiations relating to an Alternative
Acquisition, or that could reasonably expected to lead to an Alternative Acquisition, or any request for nonpublic information
relating to the Company, the Company shall promptly notify Parent thereof, including information as to the identity of the party
making any such offer, inquiry or proposal and the specific terms of such offer, inquiry or proposal, as the case may be, and
shall keep Parent promptly informed of any developments with respect to same.

 

5.4.Access.
The Company shall afford to Parent, and to the officers, employees, accountants, counsel, financial
advisors and other representatives of Parent, reasonable access during normal business hours during the period prior to the Closing
Date or the termination of this Agreement to all of the Company and the Benefactum Subsidiaries’ properties, books, contracts,
commitments, personnel and records and, during such period, the Company shall furnish promptly to Parent, (a) a copy of each report,
schedule, and other documents filed by it during such period pursuant to the requirements of federal or state securities Laws
and (b) all other information concerning its business, properties and personnel as Parent or its representatives may reasonably
request.

 

    	 	19	 

    	 

    

 

5.5.Notification
of Certain Matters. The Company shall give prompt notice to Parent of (i) the occurrence or
non-occurrence of any event the occurrence or non-occurrence of which would cause any Company representation or warranty contained
in this Agreement to be untrue or inaccurate at or prior to the Closing Date and (ii) any failure of the Company to comply with
or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; provided, however, that the
delivery of any notice pursuant to this Section 5.5 shall not limit or otherwise affect the remedies available hereunder to Parent.

 

ARTICLE
6

 

COVENANTS
OF THE PARENT

 

6.1.Conduct
of the Parent Business. From the date of this Agreement and until the Closing Date, or until
the prior termination of this Agreement, Parent shall not, unless agreed to in writing by the Company:

 

(a)engage
in any transaction, except in the normal and ordinary course of business, or create or suffer to exist any Lien or other encumbrance
upon any of its assets or which will not be discharged in full prior to the Closing Date;

 

(b)sell,
assign or otherwise transfer any of its assets, or cancel or compromise any debts or claims relating to its assets, other than
for fair value, in the ordinary course of business, and consistent with past practice;

 

(c)fail
to use reasonable efforts to preserve intact its present business organizations, keep available the services of its employees
and preserve its material relationships with customers, suppliers, licensors, licensees, distributors and others, to the end that
its good will and ongoing business not be impaired prior to the Closing Date;

 

(d)intentionally
permit any Material Adverse Effect to occur with respect to the Parent;

 

(e)make
any material change with respect in its accounting or bookkeeping methods, principles or practices, except as required by GAAP;
or

 

(f)authorize
any, or commit or agree to take any of, the foregoing actions.

 

6.2.Access.
Parent shall afford to the Company, and to the officers, employees, accountants, counsel, financial
advisors and other representatives of the Company, reasonable access during normal business hours during the period prior to the
Closing Date or the termination of this Agreement to all of the Parent’s properties, books, contracts, commitments, personnel
and records and, during such period, the Parent shall furnish promptly to the Company, (a) a copy of each report, schedule, registration
statements and other documents filed by it during such period pursuant to the requirements of federal or state securities Laws
and (b) all other information concerning its business, properties and personnel as the Company or its representatives may reasonably
request.

 

6.3.Notification
of Certain Matters. Parent shall give prompt notice to the Company of (i) the occurrence or
non-occurrence of any event the occurrence or non-occurrence of which would cause any Parent representation or warranty contained
in this Agreement to be untrue or inaccurate at or prior to the Closing Date and (ii) any failure of Parent to comply with or
satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; provided, however, that the delivery
of any notice pursuant to this Section 6.3 shall not limit or otherwise affect the remedies available hereunder to the Company.

 

    	 	20	 

    	 

    

 

6.4.Director
and Officer Appointments. As of the Closing Date, Parent shall have taken all action, including
compliance with Rule 14f-1 under the Exchange Act, if applicable, to cause (a) the persons as set forth on Schedule 6.4
to be appointed Parent’s directors and officers, and (b) the current officers and directors of Parent as set forth on Schedule
6.4 to resign from Parent.

 

6.5.Satisfaction
of Conditions Precedent. During the term of this Agreement, Parent will use its commercially
reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are set forth in Article 8, and Parent
will use its commercially reasonable efforts to cause the Transactions to be consummated.

 

6.6.Delivery
of Certificates for Exchange Consideration. Within 10 business days of the Closing, the Parent shall deliver or cause to be
delivered to the Shareholders certificates for the Exchange Consideration.

 

6.7.No
Other Negotiations. As of the date of this Agreement, the Parent has not entered into any agreement or understanding with,
and is not engaging in any discussions with any third party concerning an Alternative Acquisition including, without limitation,
any agreement or understanding that would require the Parent to notify any third party of the terms of this Agreement. From and
after the date of this Agreement until the earlier of the Closing Date or the termination of this Agreement in accordance with
its terms, the Parent shall not, directly or indirectly, (a) initiate, solicit, encourage, negotiate, accept or discuss any Alternative
Acquisition, (b) provide information with respect to the Parent to any Person, other than Company and its Affiliates, relating
to a possible Alternative Acquisition by any Person, other than Company and its Affiliates, (c) enter into an agreement with any
Person, other than Company and its Affiliates, providing for a possible Alternative Acquisition, or (d) make or authorize any
statement, recommendation or solicitation in support of any possible Alternative Acquisition by any Person, other than by Company
and its Affiliates.

 

If
the Parent receives any unsolicited offer, inquiry or proposal to enter into discussions or negotiations relating to an Alternative
Acquisition, or that could reasonably expected to lead to an Alternative Acquisition, or any request for nonpublic information
relating to the Parent, the Parent shall promptly notify Company thereof, including information as to the identity of the party
making any such offer, inquiry or proposal and the specific terms of such offer, inquiry or proposal, as the case may be, and
shall keep Company promptly informed of any developments with respect to same.

 

ARTICLE
7

 

COVENANTS
OF PARENT AND THE COMPANY

 

7.1.Notices
of Certain Events. The Company and Parent shall promptly notify each party of:

 

(a)any
notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with
the Transactions;

 

(b)any
notice or other communication from any Governmental Entity in connection with the Transactions; and

 

    	 	21	 

    	 

    

 

(c)any
actions, suits, claims, investigations or proceedings commenced or, to its Knowledge, threatened against, relating to or involving
or otherwise affecting such party that, if pending on the date of this Agreement, would have been required to be disclosed pursuant
to Articles 3 or 4 or that relate to the consummation of the Transactions or any other development causing a breach of any representation
or warranty made by a party hereunder. Delivery of notice pursuant to this Section 7.1 shall not limit or otherwise affect remedies
available to any party hereunder.

 

7.2.Public
Announcements. No party shall have the right to issue any press release or other public statement
with respect to this Agreement or the transactions contemplated herein without the prior written consent of each other party (not
to be unreasonably withheld, delayed, denied or conditioned), except as required by Law.

 

7.3.Transfer
Taxes. Parent and the Company shall cooperate in the preparation, execution and filing of all
returns, questionnaires, applications or other documents regarding any real property transfer or gains, sales, use, transfer,
value added, stock transfer and stamp taxes, any transfer, recording, registration and other fees, and any similar taxes which
become payable in connection with the transactions contemplated hereby that are required or permitted to be filed on or before
the Closing Date. Parent and the Company agree that the Company will pay any real property, transfer or gains tax, stamp tax,
stock transfer tax, or other similar tax imposed on the Transactions or the surrender of the Shares pursuant thereto (collectively,
“Transfer Taxes”), excluding any Transfer Taxes as may result from
the transfer of beneficial interests in the Shares other than as a result of the transactions contemplated under this Agreement,
and any penalties or interest with respect to the Transfer Taxes. The Company agrees to cooperate with Parent in the filing of
any returns with respect to the Transfer Taxes.

 

7.4.Reasonable
Efforts. The parties further agree to use commercially reasonable efforts to take, or cause
to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other parties in doing, all things
necessary, proper or advisable to consummate and make effective, and to satisfy all conditions to, in the most expeditious manner
practicable, the Transactions, including (i) the obtaining of all other necessary actions or nonactions, waivers, consents, licenses,
Permits, authorizations, Orders and approvals from Governmental Entities and the making of all other necessary registrations and
filings, (ii) the obtaining of all consents, approvals or waivers from third parties related to or required in connection with
the Transactions or required to prevent a Material Adverse Effect on the Company from occurring prior to or after the Closing
Date, (iii) the satisfaction of all conditions precedent to the parties’ obligations hereunder, and (iv) the execution and
delivery of any additional instruments necessary to consummate the Transactions contemplated by, and to fully carry out the purposes
of, this Agreement.

 

7.5.Fees
and Expenses. Each party will be responsible for all of the legal, accounting and other expenses
incurred by such party hereto in connection with the Transactions.

 

7.6.Regulatory
Matters and Approvals. Each of the parties hereto will give any notices to, make any filings
with, and use its commercially reasonable efforts to obtain any authorizations, consents, and approvals of governments and governmental
agencies in connection with the matters referred to in Sections 3.5 and 4.5 above.

 

    	 	22	 

    	 

    

 

7.7.Transfer
Restrictions.

 

(a)The
Company realizes that the Exchange Consideration is not registered under the Securities Act, or any foreign or state securities
Laws. The Company agrees that the Exchange Consideration will and may not be sold, offered for sale, pledged, hypothecated, or
otherwise transferred (collectively, a “Transfer”) except in compliance with the Securities Act, if
applicable, and applicable foreign and state securities Laws, and with an opinion of transferor’s counsel to such effect,
the substance of which shall be reasonably acceptable to the Parent and Parent’s transfer agent, provided that the Exchange
Consideration may be pledged in connection with a bona fide margin account secured by such securities. The Company understands
that the Exchange Consideration can only be Transferred pursuant to registration under the Securities Act or pursuant to an exemption
therefrom. The Company understands that to Transfer the Exchange Consideration may require in some jurisdictions specific approval
by the appropriate governmental agency or commission in such jurisdiction.

 

(b)To
enable Parent to enforce the transfer restrictions contained in Section 7.7(a), the Company hereby consents to the placing of
legends upon, and stop-transfer orders with the transfer agent of the Common Stock with respect to the Exchange Consideration,
including, without limitation, the following:

 

THESE
SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE
UPON AN EXEMPTION 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 AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF
WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT
SECURED BY SUCH SECURITIES.

 

7.8.Current
Report. Parent shall file a Current Report on Form 8-K with the SEC within four (4) business
days of the Closing Date containing information about the Transactions and pro forma financial statements of Parent and the Company
and audited financial statements of the Company as required by Regulation S-K under the Securities Act (the “8-K
Report”). The Company agrees to provide any necessary information for preparation
of 8-K Report.

 

ARTICLE
8

 

CONDITIONS
TO CLOSING

 

8.1.Condition
to Obligation of Each Party to Effect the Transactions. The respective obligations of Parent,
each Shareholder and the Company to consummate the transactions contemplated herein are subject to the satisfaction or waiver
in writing at or prior to the Closing Date of the following conditions.

 

(a)No
Injunctions. No temporary restraining Order, preliminary or permanent injunction issued by any court of competent jurisdiction
preventing or prohibiting the consummation of the Transactions contemplated herein shall be in effect; provided, however, that
each of Parent and the Company shall have used its commercially reasonable efforts to prevent the entry of such Orders or injunctions
and to appeal as promptly as possible any such Orders or injunctions and to appeal as promptly as possible any such Orders or
injunctions that may be entered.

 

    	 	23	 

    	 

    

 

(b)Stockholder
Representation Letters. Each Shareholder shall have executed and delivered to Parent and Company a stockholder representation
letter in substantially the form attached hereto as Exhibit C and Parent and Company shall be reasonably satisfied that
the issuance of Parent Common Stock pursuant to the Transactions is exempt from the registration requirements of the Securities
Act. 

 

8.2Additional
Conditions to Obligations of Parent. The obligations of Parent to consummate the Transactions
are also subject to the satisfaction or waiver in writing at or prior to the Closing Date of the following conditions.

 

(a)Representations
and Warranties. The representations and warranties of the Company and each Shareholder contained in this Agreement and in
any certificate or other writing delivered to Parent pursuant hereto shall be true and correct on and as of the Closing Date with
the same force and effect as if made on and as of the Closing Date, and Parent shall have received a certificate to such effect
signed by the President and the Chief Executive Officer of the Company.

 

(b)Agreements
and Covenants. The Company and each Shareholder shall have performed or complied with all agreements and covenants required
by this Agreement to be performed or complied with by them on or prior to the Closing Date, and Parent shall have received a certificate
to such effect signed by the President and Chief Executive Officer of the Company.

 

(c)Certificate
of Secretary. The Company shall have delivered to Parent a certificate executed by the Secretary of the Company certifying:
(i) resolutions duly adopted by the Board of Directors of the Company authorizing this Agreement and the Transactions; (ii) the
Company Charter Documents as in effect immediately prior to the Closing Date, including all amendments thereto; and (iii) the
incumbency of the officers of the Company executing this Agreement and all agreements and documents contemplated hereby.

 

(d)Consents
Obtained. All consents, waivers, approvals, authorizations or Orders required to be obtained, and all filings required to
be made, by the Company for the authorization, execution and delivery of this Agreement and the consummation by it of the transactions
contemplated hereby shall have been obtained and made by the Company, except for such consents, waivers, approvals, authorizations
and Orders, and such filings, which would not be reasonably likely to have a Material Adverse Effect on the Company.

 

(e)Absence
of Material Adverse Effect. Since the date of this Agreement, there shall not have been any Material Adverse Effect on the
Company or any of the Benefactum Subsidiaries other than any change that shall result from general economic conditions or conditions
generally affecting the industry in which the Company and the Benefactum Subsidiaries conduct operations.

 

(f)Company
Financial Statements. Parent shall have received from the Company the Company Financial Statements and pro forma financial
statements for the periods and in form and content required to be included in the 8-K Report.

 

(g)Delivery
of Stock Certificates. Each Shareholder shall have delivered to the Parent (i) certificates
representing the Shares, together with stock powers and signature medallion guarantees (or other acceptable proof of signature)
for the transfer of the Shares to the Parent or (ii) such other proof of ownership as shall be reasonably acceptable to the Parent;

 

    	 	24	 

    	 

    

 

8.3Additional
Conditions to Obligations of the Company and the Shareholders. The obligations of the Company and each Shareholder to
consummate the Transactions are also subject to the satisfaction or waiver in writing at or prior to the Closing Date of the following
conditions.

 

(a)Representations
and Warranties. The representations and warranties of Parent contained in this Agreement and in any certificate or other writing
delivered to the Company pursuant hereto shall be true and correct on and as of the Closing Date with the same force and effect
as if made on and as of the Closing Date, and the Company shall have received a certificate to such effect signed by the President
and the Chief Executive Officer of Parent.

 

(b)Agreements
and Covenants. Parent shall have performed or complied with all agreements and covenants required by this Agreement to be
performed or complied with by them on or prior to the Closing Date, and the Company shall have received a certificate to such
effect signed by the President and Chief Executive Officer of Parent.

 

(c)Certificate
of Secretary. Parent shall have delivered to the Company a certificate executed by the Secretary of Parent certifying: (i)
resolutions duly adopted by the Board of Directors of Parent authorizing this Agreement and the Transactions (including the authorizations
described in Section 4.18 above); (ii) the Certificate of Incorporation and Bylaws of Parent as in effect immediately prior to
the Closing Date, including all amendments thereto; and (iii) the incumbency of the officers of Parent executing this Agreement
and all agreements and documents contemplated hereby.

 

(d)Consents
Obtained. All consents, waivers, approvals, authorizations or Orders required to be obtained, and all filings required to
be made, by Parent for the authorization, execution and delivery of this Agreement and the consummation by it of the Transactions
contemplated hereby shall have been obtained and made by Parent, except for such consents, waivers, approvals, authorizations
and Orders, and such filings, which would not be reasonably likely to have a Material Adverse Effect on Parent.

 

(e)Absence
of Material Adverse Effect. Since the date of the this Agreement, there shall not have been any Material Adverse Effect on
Parent, other than any change that shall result from general economic conditions or conditions generally affecting the industry
in which Parent conducts operations.

 

(f)Transactions
Capitalization and Parent Common Stock Lockup. As of the Closing Date, the authorized capital stock of Parent shall consist
of 3,000,000,000 shares of Parent Common Stock of which there will be no more than 55,460,000 issued and outstanding shares of
Parent Common Stock.

 

(g)Officers
and Directors. Parent shall have delivered to the Company, in compliance with Rule 14f-1 under the Exchange Act, if applicable,
evidence of appointment of those new directors and officers as further described in Section 6.4. Parent shall also have delivered
to the Company, in compliance with Rule 14f-1 under the Exchange Act , if applicable, a letter of resignation executed by each
Parent officer and director further described in Section 6.4 to be effective upon the Closing Date.

 

(h)No
Liabilities. As of the Closing Date, Parent shall have no actual or contingent liabilities, and Parent will have no other
obligations of any nature (whether fixed or unfixed, secured or unsecured, known or unknown and whether absolute, accrued, contingent,
or otherwise) (including, without limitation, any Contracts), except for its obligations incurred under this Agreement, the Transaction
Documents, and up to a maximum of $150,000 for legal and accounting expenses incurred in connection with the Transactions.

 

    	 	25	 

    	 

    

 

(i)Common
Stock. As of the Closing Date, Parent will have filed all materials and fulfilled all requirements for the Parent Common Stock
to be quoted on the OTCQB under the name “Sino Fortune Holding Corporation” under the symbol “SFHD” of
such other symbol that is acceptable to the Company.

 

(j)Exchange
Act Reporting. Parent will have made all required filings with the SEC under the Exchange Act, and such filings will have
complied in all material respects with applicable requirements under the Exchange Act.

 

ARTICLE
9

 

TERMINATION

 

9.1.Termination.
This Agreement may be terminated at any time prior to the Closing Date:

 

(a)by
mutual written agreement of the Company and Parent duly authorized by the Boards of Directors of the Company and Parent;

 

(b)by
either the Company or Parent, if the other party (which, in the case of Company, shall mean Company or any Shareholder) has breached
any representation, warranty, covenant or agreement of such other party set forth in this Agreement and such breach has resulted
or can reasonably be expected to result in a Material Adverse Effect on such other party or would prevent or materially delay
the consummation of the Transactions;

 

(c)by
any party, if all the conditions to the obligations of such party for Closing the Transactions shall not have been satisfied or
waived on or before the Final Date (as defined below) other than as a result of a breach of this Agreement by the terminating
party; or

 

(d)by
any party, if a permanent injunction or other Order by any Federal or state court which would make illegal or otherwise restrain
or prohibit the consummation of the Transactions shall have been issued and shall have become final and nonappealable;

 

As
used herein, the “Final Date” shall be August 31, 2016.

 

9.2.Notice
of Termination. Any termination of this Agreement under Section 9.1 above will be effective
immediately upon by the delivery of written notice of the terminating party to the other parties hereto specifying with reasonable
particularity the reason for such termination.

 

9.3.Effect
of Termination. In the case of any termination of this Agreement as provided in this Section
9, this Agreement shall be of no further force and effect and nothing herein shall relieve any party from liability for any breach
of this Agreement.

 

    	 	26	 

    	 

    

 

ARTICLE
10

 

GENERAL
PROVISIONS

 

10.1.Notices.
All notices required or permitted hereunder shall be in writing and shall be deemed effectively
given: (a) upon personal delivery to the party to be notified; (b) when sent by confirmed facsimile if sent during normal business
hours of the recipient, if not, then on the next business day; (c) five days after having been sent by registered or certified
mail, return receipt requested, postage prepaid; or (d) two days after deposit with a nationally recognized overnight courier,
specifying not later than two day delivery, with written verification of receipt. All communications shall be sent to the parties
at the following addresses or facsimile numbers specified below (or at such other address or facsimile number for a party as shall
be designated by ten days advance written notice to the other parties hereto):

 

(a)If
to Parent:

 

Sino
Fortune Holding Corporation

17A&B,
China Merchants Tower, Wanchai Road, Shekou, Nanshan,

Shenzhen
518000, China

Fax:

 

(b)If
to the Company or any Shareholder:

 

Benefactum
Alliance Holdings Company Limited

Household
1302, Unit 2, No.35, Zhangzhou First Road, Shinan District, Qingdao, Shandong

Fax:

 

with
a copy to (which shall not constitute notice):

 

Sichenzia
Ross Friedman Ference LLP

61
Broadway

New
York, New York 10006

Attn:
Benjamin Tan, Esq.

Fax:
(212) 930-9725

 

The
Company hereby undertakes to forward immediately (by the means set forth in Section 10.1(a), (b), (c) or (d) above) to any Shareholder
any notice provided to it by the Parent to such Shareholder in accordance with this Section 10.1 to the address of such Shareholder
as appears on the Company’s shareholder register, provided that any such delivery by the Parent to such Shareholder shall
be deemed effective on the day that is twice the number of days (or business days, as applicable) set forth in Section 10.1(b),
(c) or (d) above.

 

10.2.Amendment.
To the extent permitted by Law, this Agreement may be amended by a subsequent writing signed
by each of the parties upon the approval of the Boards of Directors of the Company, the Parent and the Shareholders, as the case
may be.

 

10.3.Waiver.
At any time prior to the Closing, any party hereto may with respect to any other party hereto
(a) extend the time for performance of any of the obligations or other acts, (b) waive any inaccuracies in the representations
and warranties contained herein or in any document delivered pursuant hereto, or (c) waive compliance with any of the agreements
or conditions contained herein. Any such extension or waiver shall be valid if set forth in an instrument in writing signed by
the party or parties to be bound thereby.

 

10.4.Failure
or Indulgence Not Waiver; Remedies Cumulative. No failure or delay on the part of any party
hereto in the exercise of any right hereunder shall impair such right or be construed to be a waiver of, or acquiescence in, any
breach of any representation, warranty or agreement herein, nor shall any single or partial exercise of any such right preclude
other or further exercise thereof or of any other rights. Except as otherwise provided hereunder, all rights and remedies existing
under this Agreement are cumulative to, and not exclusive of, any rights or remedies otherwise available.

 

    	 	27	 

    	 

    

 

10.5.Headings.
The headings contained in this Agreement are for reference purposes only and shall not affect
in any way the meaning or interpretation of this Agreement.

 

10.6.Severability.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced
by any rule of Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full
force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner
adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced,
the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as
closely as possible, in a mutually acceptable manner, to the end that transactions contemplated hereby are fulfilled to the extent
possible.

 

10.7.Entire
Agreement. This Agreement (including the Company Disclosure Schedule and the Parent Disclosure
Schedule together with the Transaction Documents and the exhibits and schedules attached hereto and thereto and the certificates
referenced herein) constitutes the entire agreement and supersedes all prior agreements and undertakings both oral and written,
among the parties, or any of them, with respect to the subject matter hereof and, except as otherwise expressly provided herein.

 

10.8.Assignment.
No party may assign this Agreement or assign its respective rights or delegate their duties
(by operation of Law or otherwise), without the prior written consent of the other parties. This Agreement will be binding upon,
inure to the benefit of and be enforceable by the parties and their respective successors and permitted assigns.

 

10.9.Parties
In Interest. This Agreement shall be binding upon and inure solely to the benefit of each party
hereto and their permitted assigns and respective successors, and nothing in this Agreement, express or implied, is intended to
or shall confer upon any other Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement,
including, without limitation, by way of subrogation.

 

10.10.Governing
Law. This Agreement will be governed by, and construed and enforced in accordance with the Laws
of the State of New York as applied to Contracts that are executed and performed in 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 and any other Transaction Documents shall be commenced exclusively in the state and federal courts sitting
in the County of New York.

 

10.11.Counterparts.
This Agreement may be executed simultaneously in two or more counterparts, any one of which
need not contain the signatures of more than one party, but all such counterparts taken together will constitute one and the same
Agreement. This Agreement, to the extent delivered by means of a facsimile machine or electronic mail (any such delivery, an “Electronic
Delivery”), shall be treated in all manner and respects as an original agreement or
instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered
in person. At the request of any party hereto, each other party hereto shall re-execute original forms hereof and deliver them
in person to all other parties. No party hereto shall raise the use of Electronic Delivery to deliver a signature or the fact
that any signature or agreement or instrument was transmitted or communicated through the use of Electronic Delivery as a defense
to the formation of a contract, and each such party forever waives any such defense, except to the extent such defense related
to lack of authenticity.

 

    	 	28	 

    	 

    

 

10.12.Attorneys’
Fees. If any action or proceeding relating to this Agreement, or the enforcement of any provision
of this Agreement is brought by a party hereto against any party hereto, the prevailing party shall be entitled to recover reasonable
attorneys’ fees, costs and disbursements (in addition to any other relief to which the prevailing party may be entitled).

 

10.13.Representation.
The parties to this Agreement, and each of them, acknowledge, agree, and represent that it:
(a) has been represented in connection with the negotiation and preparation of this Agreement by counsel of that party’s
choosing ; (b) has authority to enter into and sign the Agreement; and (c) enters into and signs the same by its own free will.

 

10.14.Drafting.
The parties to this Agreement acknowledge that each of them have participated in the drafting
and negotiation of this Agreement. The parties intend for this Agreement to be construed and interpreted neutrally in accordance
with the plain meaning of the language contained herein, and not presumptively construed against any actual or purported drafter
of any specific language contained herein.

 

10.15.Interpretation.
For purposes of this Agreement, references to the masculine gender shall include feminine and
neuter genders and entities. Where a reference in this Agreement is made to a Section, Exhibit or Schedule, such reference shall
be to a Section of, Exhibit to or Schedule of this Agreement unless otherwise indicated. Whenever the words “include,”
“includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words
“without limitation.” References to a “party” or “parties” shall mean Parent, the Company
and/or Shareholders, as applicable. The words “hereof,” “herein” and “hereunder” and words
of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of
this Agreement. References to “this Agreement” shall include the Company Disclosure Schedule and the Parent Disclosure
Schedule.

 

10.16Remedies.
In addition to being entitled to exercise all rights provided herein or granted by law, including
recovery of damages, each Shareholder, Parent and the Company will be entitled to specific performance under this Agreement. Each
of the parties hereto agree that monetary damages may not be adequate compensation for any loss incurred by reason of any breach
of obligations described in the foregoing sentence and hereby agrees to waive in any action for specific performance of any such
obligation the defense that a remedy at law would be adequate. 

 

10.17Independent
Nature of Each Shareholder’s Obligations and Rights. The obligations of each Shareholder
under this Agreement are several and not joint with the obligations of any other Shareholder (or, for the avoidance of doubt,
with the obligations of the Company or the Parent under this Agreement), and each Shareholder shall not be responsible in any
way for the performance of the obligations of any other Shareholder party to this Agreement (or, for the avoidance of doubt, the
performance of the obligations of the Company or the Parent under this Agreement). Nothing contained herein and no Shareholder
action taken by any Shareholder pursuant hereto, shall be deemed to constitute such Shareholder as a party to or member of a partnership,
an association, a joint venture, or any other kind of entity, or create a presumption that any Shareholder is in any way acting
in concert or as a group with any of the other parties hereto with respect to such obligations or the transactions contemplated
by this Agreement. No party is in any way whatsoever authorized to bind any other party hereto. Each Shareholder shall be entitled
to independently protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it
shall not be necessary for any other Shareholder to be joined as an additional party in any proceeding for such purpose. 

 

    	 	29	 

    	 

    

 

[Remainder
of Page Intentionally Left Blank; Signature Pages to Follow]

 

    	 	30	 

    	 

    

 

IN
WITNESS WHEREOF, each of the parties have caused this Share Exchange Agreement to be executed as of the date first written above
them or their respective officers thereunto duly authorized.

 

	 	Parent:
	 	 	 
	 	SINO
    FORTUNE HOLDING CORPORATION, a Nevada corporation
	 	 	 
	 	By:	/s/
    Jing Xie
	 	Name:	JING
    XIE
	 	Title:	Principal
    Executive, Financial Officer and Chief Accounting Officer
	 	 	 
	 	Company:
	 	 	 
	 	BENEFACTUM
    ALLIANCE HOLDINGS COMPANY LIMITED, a BVI corporation 
	 	 	 
	 	By:	/s/
    Bodang Liu
	 	Name:	BODANG
    LIU
	 	Title:	Principal
    Executive
	 	 	 
	 	Shareholders:
	 	 	 
	 	AVIS
    GENESIS INC.
	 	 	 
	 	By:	/s/
    Chunhua Li
	 	Name:	CHUNHUA
    LI
	 	Title:	Principal
    Executive
	 	 	 
	 	MANOR
    GOLDIE INC.
	 	 	 
	 	By:	/s/
    Mengqiu Zhu
	 	Name:	MENGQIU
    ZHU
	 	Title:	Principal
    Executive
	 	 
	 	BODANG
    LIU.
	 	 	 
	 	By:
    	/s/
    Bodang Liu
	 	Name:
    	BODANG
    LIU

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
A

 

CERTAIN
DEFINITIONS

 

The
following terms, as used in the Agreement, have the following meanings:

 

“Accounts
Receivable” shall have the meaning set forth in Section 3.15 of the Agreement.

 

“Affiliate(s)”
shall have the meaning set forth in Rule 12b-2 of the regulations promulgated under the Exchange Act.

 

“Alternative
Acquisition” means any recapitalization, restructuring, financing, merger, consolidation, sale, license or encumbrance
or other business combination transaction or extraordinary corporate transaction of the Company or the Parent (as applicable)
which would or could reasonably be expected to impede, interfere with, prevent or materially delay the Transactions, including
a firm proposal to make such an acquisition.

 

“Agreement”
shall have the meaning set forth in the Preamble.

 

“Assets”
of a Person shall mean all of the assets, properties, businesses and rights of such Person of every kind, nature, character and
description, whether real, personal or mixed, tangible or intangible, accrued or contingent, or otherwise relating to or utilized
in such Person’s business, directly or indirectly, in whole or in part, whether or not carried on the books and records
of such Person, and whether or not owned in the name of such Person or any Affiliate of such Person and wherever located.

 

“Benefit
Plans” shall have the meaning set forth in Section 3.10 of the Agreement.

 

“Closing”
shall have the meaning set forth in Section 1.2 of the Agreement.

 

“Closing
Date” shall have the meaning set forth in Section 1.2 of the Agreement.

 

“Code”
means the Internal Revenue Code of 1986, as amended.

 

“Company”
shall have the meaning set forth in the Preamble.

 

“Company
Balance Sheet Date” shall have the meaning set forth in Section 3.6(b) of the Agreement.

 

“Company
Disclosure Schedule” shall have the meaning set forth in the opening paragraph of Article 3 of the Agreement.

 

“Company
Financial Statements” shall have the meaning set forth in Section 3.6(a) of the Agreement.

 

“Company
Material Contract” shall have the meaning set forth in Section 3.14 of the Agreement.

 

“Company
Stock” means the total outstanding capital stock of the Company as of the Closing Date.

 

“Contract”
means any written or oral agreement, arrangement, commitment, contract, indenture, instrument, lease, obligation, plan, restriction,
understanding or undertaking of any kind or character, or other document to which any Person is a party or by which such Person
is bound or affecting such Person’s capital stock, Assets or business.

 

    	 	2	 

    	 

    

 

“Copyrights”
shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Default”
means (i) any breach or violation of or default under any Contract, Order or Permit, (ii) any occurrence of any event that with
the passage of time or the giving of notice or both would constitute a breach or violation of or default under any Contract, Order
or Permit, or (iii) any occurrence of any event that with or without the passage of time or the giving of notice would give rise
to a right to terminate or revoke, change the current terms of, or renegotiate, or to accelerate, increase, or impose any liability
under, any Contract, Order or Permit.

 

“Electronic
Delivery” shall have the meaning set forth in Section 10.11 of the Agreement.

 

“Environmental
Laws” mean any and all federal, state, local and foreign statutes, laws, judicial decisions, regulations, ordinances,
rules, judgments, orders, decrees, codes, plans, injunctions, Permits, concessions, grants, franchises, licenses, agreements and
governmental restrictions, relating to human health, the environment or to emissions, discharges or releases of pollutants, contaminants
or other Hazardous Material or wastes into the environment, including without limitation ambient air, surface water, ground water
or land, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling
of pollutants, contaminants or other Hazardous Material or wastes or the clean-up or other remediation thereof.

 

“Exchange
Act” has the meaning set forth in Section 3.5 of the Agreement.

 

“Exchange
Act Documents” has the meaning set forth in Section 3.21 of the Agreement.

 

“Exchange
Consideration” shall have the meaning as set forth in Section 1.1 of the Agreement.

 

“Final
Date” shall have the meaning set forth in Section 9.1 of the Agreement.

 

“FINRA”
means Financial Industry Regulatory Authority, Inc. .

 

“GAAP”
means U.S. generally accepted accounting principles.

 

“Governmental
Entity” shall mean any government or any agency, bureau, board, directorate, commission, court, department, official,
political subdivision, tribunal, or other instrumentality of any government, whether federal, state or local, domestic or foreign.

 

“Hazardous
Material” means any toxic, radioactive, corrosive or otherwise hazardous substance, including petroleum, its derivatives,
by-products and other hydrocarbons, or any substance having any constituent elements displaying any of the foregoing characteristics,
which in any event is regulated under any Environmental Law.

 

“Intellectual
Property” shall have the meaning as set forth in Section 3.17(i) of the Agreement.

 

“Knowledge”
means the actual knowledge of the officers of a party, and knowledge that a reasonable person in such capacity should have after
due inquiry.

 

    	 	3	 

    	 

    

 

“Law”
means any code, law, ordinance, regulation, reporting or licensing requirement, rule, or statute applicable to a Person or its
Assets, liabilities or business, including those promulgated, interpreted or enforced by any Governmental Entity.

 

“Lien”
means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect
to such asset.

 

“Marks”
shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Material”
and “Materially” for purposes of this Agreement shall be determined in light of the facts and circumstances
of the matter in question; provided that any specific monetary amount stated in this Agreement shall determine materiality in
that instance.

 

“Material
Agreement” shall have the meaning set forth in Section 3.13 of the Agreement.

 

“Material
Adverse Effect” means, with respect to any Person, a material adverse effect on the condition (financial or otherwise),
business, Assets, liabilities or the reported or reasonably anticipated future results or prospects of such Person and its Subsidiaries
taken as a whole; provided, however, that any adverse change, event, development or effect arising from or relating to any of
the following shall not be taken into account in determining whether there has been a Material Adverse Effect: (a) general business
or economic conditions, (b) national or international political or social conditions, including the engagement by the United States
in hostilities, whether or not pursuant to the declaration of a national emergency or war, or the occurrence of any military or
terrorist attack upon the United States, or any of its territories, possessions, or diplomatic or consular offices or upon any
military installation, equipment or personnel of the United States, (c) financial, banking, or securities markets (including any
disruption thereof and any decline in the price of any security or any market index), (d) changes in United States generally accepted
accounting principles, (e) changes in laws, rules, regulations, orders, or other binding directives issued by any Governmental
Entity or (f) the taking of any action required by this Agreement and the other agreements contemplated hereby.

 

“Material
Contract Default” means a default under any Material Agreement which would (A) permit any other party to cancel or terminate
the same (with or without notice of passage of time) or (B) provide a basis for any other party to claim money damages in excess
of $50,000 (either individually or in the aggregate with all other such claims under that Material Agreement) or (C) give rise
to a right of acceleration of any material obligation or loss of any material benefit under any such Material Agreement.

 

“Order”
means any administrative decision or award, decree, injunction, judgment, order, quasi-judicial decision or award, ruling, or
writ of any federal, state, local or foreign or other court, arbitrator, mediator, tribunal, administrative agency or Governmental
Entity.

 

“Parent”
shall have the meaning set forth in the Preamble.

 

“Parent
Accounts Receivable” shall have the meaning set forth in Section 4.14 of the Agreement.

 

“Parent
Balance Sheet Date” shall have the meaning set forth in Section 4.6(b) of the Agreement.

 

“Parent
Common Stock” shall have the meaning set forth in Section 4.1 of the Agreement.

 

    	 	4	 

    	 

    

 

“Parent
Disclosure Schedule” shall mean the written disclosure schedule delivered on or prior to the date hereof by Parent to
the Company that is arranged in paragraphs corresponding to the numbered and lettered paragraphs corresponding to the numbered
and lettered paragraphs contained in the Agreement.

 

“Parent
Material Contract” shall have the meaning set forth in Section 4.13 of the Agreement.

 

“Parent
SEC Documents” shall have the meaning set forth in Section 4.6(a) of the Agreement.

 

“Patents”
shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Person”
means an individual, a corporation, a partnership, an association, a trust, a limited liability company or any other entity or
organization, including a government or political subdivision or any agency or instrumentality thereof.

 

“Permit”
shall mean any federal, state, local, and foreign governmental approval, authorization, certificate, consent, easement, filing,
franchise, letter of good standing, license, notice, permit, qualification, registration or right of or from any Governmental
Entity (or any extension, modification, amendment or waiver of any of these) to which any Person is a party or that is or may
be binding upon or inure to the benefit of any Person or its securities, Assets or business, or any notice, statement, filing
or other communication to be filed with or delivered to any Governmental Entity.

 

“SEC”
shall have the meaning set forth in Section 4.6(a) of the Agreement.

 

“Securities
Act” shall have the meaning set forth in Section 3.3 of the Agreement.

 

“Share”
or “Shares” shall have the meaning set forth in the Recitals of the Agreement.

 

“Shareholders”
shall have the meaning set forth in the Preamble.

 

“Software”
shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Subsidiary”
means, with respect to any Person, (i) any corporation, limited liability company, association or other business entity of which
more than 50% of the total voting power of shares of capital stock entitled (without regard to the occurrence of any contingency)
to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly,
by such Person or one or more of the other Subsidiaries of that Person (or a combination thereof) and (ii) any partnership (a)
the sole general partner or managing general partner of which is such Person or a Subsidiary of such Person or (b) the only general
partners of which are such Person or of one or more Subsidiaries of such Person (or any combination thereof).

 

“Tax”
or “Taxes” shall have the meaning set forth in Section 3.11(c) of the Agreement.

 

“Tax
Return” shall have the meaning set forth in Section 3.11(c) of the Agreement.

 

“Technology”
shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Trade
Secrets” shall have the meaning set forth in Section 3.17(i) of the Agreement.

 

“Transaction
Documents” means the Agreement, and any other document executed and delivered pursuant hereto together with any exhibits
or schedules to such documents.

 

    	 	5	 

    	 

    

 

“Transactions”
shall have the meaning as set forth in Section 1.2 of the Agreement.

 

“Transfer”
shall have the meaning as set forth in Section 7.7(a) of the Agreement.

 

“Transfer
Taxes” shall have the meaning as set forth in Section 7.3 of the Agreement.

 

“8-K
Report” shall have the meaning as set forth in Section 7.8 of the Agreement.

 

    	 	6	 

    	 

    

 

EXHIBIT
B 

 

Shareholders
of BENEFACTUM ALLIANCE HOLDINGS COMPANY LIMITED

  

	Name of Shareholder	 	Number of
 Company Shares
 Being Exchanged	 	 	Number of
 Shares of Parent
 Common Stock
 to be Received
 by Shareholder	 	 	Indicate if such
 Shareholder is a
 non- U.S. Person
	Bodang Liu	 	 	80,000,000	 	 	 	5,000,000	 	 	Yes
	Avis Genesis Inc	 	 	400,000,000	 	 	 	25,000,000	 	 	Yes
	Manor Goldie Inc	 	 	320,000,000	 	 	 	20,000,000	 	 	Yes
	 	 	 	 	 	 	 	 	 	 	 
	TOTALS	 	 	800,000,000	 	 	 	50,000,000	 	 	 

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
C

 

______,
2016

 

Sino
Fortune Holding Corporation

17A&B,
China Merchants Tower, Wanchai Road, Shekou, Nanshan,

Shenzhen
518000, China

 

Stockholder
Representation Letter

 

Ladies
and Gentlemen:

 s

Pursuant
to the Exchange Agreement (the “Agreement”) dated as of _______, 2016 (the “Agreement Date”),
the undersigned (the “Stockholder”) expects to receive from Sino Fortune Holding Corporation, a Nevada corporation
(“Parent”), shares of Parent Common Stock (the “Securities”) in exchange for the Stockholder’s
ownership of capital stock of Benefactum Alliance Holdings Company Limited, a BVI corporation (the “Company”).
Capitalized terms used herein but not defined will have the meanings ascribed to them in the Agreement. Stockholder whose signature
appears below, represents and warrants to Parent that, as of the date first written above and as of the Closing Date, the statements
contained in this Representation Letter are, and will be, correct and complete:

 

 1. REPRESENTATIONS AND WARRANTIES OF STOCKHOLDER.

 

1.1.“Regulation
S Exemption. The distribution of the Securities to the Stockholder at the Closing is intended to be exempt from registration
under the Securities Act of 1933, as amended (the “Act”) pursuant to . Stockholder represents and warrants
that Stockholder

 

	 	(a)	is
    not a U.S. Person (as defined herein);
	 	 	 
	 	(b)	is
    not acquiring the Securities for the account or benefit of, directly or indirectly, any U.S. Person (as defined herein);
	 	 	 
	 	(c)	is
    resident in the British Virgin Islands/ People’s Republic of China;
	 	 	 
	 	(d)	(i)
    is knowledgeable of, or has been independently advised as to, the applicable securities laws of the securities regulators
    having application in the jurisdiction in which the Stockholder is resident (the “International Jurisdiction”)
    which would apply to the acquisition of the Parent Common, 

 

(ii)
is purchasing the Securities pursuant to exemptions from prospectus or equivalent requirements under applicable securities laws
or, if such is not applicable, the Stockholder is permitted to purchase the Securities under the applicable securities laws of
the of the securities regulators in the International Jurisdiction without the need to rely on any exemptions,

 

(iii)
acknowledges that the applicable securities laws of the authorities in the International Jurisdiction do not require the Parent
to make any filings or seek any approvals of any kind whatsoever from any securities regulator of any kind whatsoever in the International
Jurisdiction in connection with the issue and sale or resale of any of the Securities, and

 

(iv)
represents and warrants that the acquisition of the Securities by the Stockholder does not trigger:

 

    	 	2	 

    	 

    

 

	 	A.	any
    obligation to prepare and file a prospectus or similar document, or any other 
	 	 	 
	 	B.	any
    continuous disclosure reporting obligation of the Parent in the International Jurisdiction, and

 

the
Stockholder will, if requested by the, deliver to the Parent a certificate or opinion of local counsel from the International
Jurisdiction which will confirm the matters referred to in subparagraphs (ii), (iii) and (iv) above to the satisfaction of the
Parent, acting reasonably;

 

	 	(e)	is
    acquiring the Securities as principal for investment only and not with a view to, or for, resale, distribution or fractionalization
    thereof, in whole or in part, and, in particular, it has no intention to distribute either directly or indirectly any of the
    Securities in the United States or to U.S. Persons (as defined herein);
	 	 	 
	 	(f)	is
    outside the United States when receiving and executing this Agreement;
	 	 	 
	 	(g)	understands
    and agrees not to engage in any hedging transactions involving any of the Securities unless such transactions are in compliance
    with the provisions of the Act and in each case only in accordance with applicable state securities laws;
	 	 	 
	 	(h)	acknowledges
    that it has not acquired the Securities as a result of, and will not itself engage in, any “directed selling efforts”
    (as defined in Regulation S under the Act) in the United States in respect of any of the Securities which would include any
    activities undertaken for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market
    in the United States for the resale of any of the Securities; provided, however, that the Stockholder may sell or otherwise
    dispose of any of the Securities pursuant to registration of any of the Securities pursuant to the Act and any applicable
    state securities laws or under an exemption from such registration requirements and as otherwise provided herein;
	 	 	 
	 	(i)	has
    the legal capacity and competence to enter into and execute this Agreement and to take all actions required pursuant hereto
    and, if the Stockholder is a corporation, it is duly incorporated and validly subsisting under the laws of its jurisdiction
    of incorporation and all necessary approvals by its directors, shareholders and others have been obtained to authorize execution
    and performance of this Agreement on behalf of the Stockholder;
	 	 	 
	 	(j)	the
    entering into of this Agreement and the transactions contemplated hereby do not result in the violation of any of the terms
    and provisions of any law applicable to, or, if applicable, the constating documents of, the Stockholder, or of any agreement,
    written or oral, to which the Stockholder may be a party or by which the Stockholder is or may be bound;
	 	 	 
	 	(k)	has
    duly executed and delivered this Agreement and it constitutes a valid and binding agreement of the Stockholder enforceable
    against the Stockholder;
	 	 	 
	 	(l)	has
    received and carefully read this Agreement and this Stockholder Representation Letter;
	 	 	 
	 	(m)	(i)
    has adequate net worth and means of providing for its current financial needs and possible personal contingencies, (ii) has
    no need for liquidity in this investment, and (iii) is able to bear the economic risks of an investment in the Securities
    for an indefinite period of time, and can afford the complete loss of such investment;
	 	 	 
	 	(n)	has
    the requisite knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks
    of the investment in the Securities and the Parent, and the Stockholder is providing evidence of knowledge and experience
    in these matters through the information requested herein;

 

    	 	3	 

    	 

    

 

	 	(o)	understands
    and agrees that the Parent and others will rely upon the truth and accuracy of the acknowledgements, representations, warranties,
    covenants and agreements contained in this Agreement and the Stockholder Representation Letters, and agrees that if any of
    such acknowledgements, representations and agreements are no longer accurate or have been breached, the Stockholder shall
    promptly notify the Parent;
	 	 	 
	 	(p)	is
    aware that an investment in the Parent is speculative and involves certain risks, including the possible loss of the investment;
	 	 	 
	 	(q)	is
    purchasing the Securities for its own account for investment purposes only and not for the account of any other person and
    not for distribution, assignment or resale to others, and no other person has a direct or indirect beneficial interest is
    such Securities, and the Stockholder has not subdivided his interest in the Securities with any other person;
	 	 	 
	 	(r)	is
    not an underwriter of, or dealer in, the shares of the Parent Common Stock, nor is the Stockholder participating, pursuant
    to a contractual agreement or otherwise, in the distribution of the Securities;
	 	 	 
	 	(s)	has
    made an independent examination and investigation of an investment in the Securities and the Parent and has depended on the
    advice of its legal and financial advisors and agrees that the Parent will not be responsible in anyway whatsoever for the
    Stockholder’s decision to invest in the Securities and the Parent;
	 	 	 
	 	(t)	if
    the Stockholder is acquiring the Securities as a fiduciary or agent for one or more investor accounts, the Stockholder has
    sole investment discretion with respect to each such account, and the Stockholder has full power to make the foregoing acknowledgements,
    representations and agreements on behalf of such account;
	 	 	 
	 	(u)	is
    not aware of any advertisement of any of the Securities and is not acquiring the Securities as a result of any form of general
    solicitation or general advertising including advertisements, articles, notices or other communications published in any newspaper,
    magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have been invited
    by general solicitation or general advertising;
	 	 	 
	 	(v)	no
    person has made to the Stockholder any written or oral representations:

 

(i)
that any person will resell or repurchase any of the Securities,

 

(ii)
that any person will refund the purchase price of any of the Securities,

 

(iii)
as to the future price or value of any of the Securities, or

 

(iv)
that any of the Securities will be listed and posted for trading on any stock exchange or automated dealer quotation system or
that application has been made to list and post any of the Parent Common Stock on any stock exchange or automated dealer quotation
system; and

 

	 	(w)	acknowledges
    and agrees that the Parent shall not consider the Stockholder’s unless the Stockholder provides to Parent, along with
    an executed copy of this Agreement and the Stockholder Representation Letter, such other supporting documentation that the
    Parent or its legal counsel may request to establish the Stockholder’s qualification as a qualified investor.

 

	 	1.2	The
    term “U.S. Person” shall have the meaning ascribed thereto in Regulation S promulgated under the 1933 Act and
    for the purpose of the Agreement and this Stockholder Representation Letter includes any person in the United States.

 

[Signature
Page Follows]

 

    	 	4	 

    	 

    

 

	 	STOCKHOLDER
	 	 
	 	

                                                                            

	 	 
	 	 
	 	Name
    (Please Type or Print)
	 	 
	 	 
	 	Title
    (Please Type or Print) (if applicable)
	 	 
	 	 
	 	Street
    Address
	 	 
	 	 
	 	City,
    State, Zip Code
	 	 
	 	 
	 	Country
	 	 
	 	 
	 	Social
    Security Number
	 	(or
    tax I.D. Number, if an entity)Exhibit
4.3

 

AMENDED
AND RESTATED CERTIFICATE OF DESIGNATIONS OF THE

SERIES C CONVERTIBLE PREFERRED STOCK OF

BOXLIGHT CORPORATION

 

PURSUANT
TO SECTION 78.195 

OF THE NEVADA REVISED STATUTES

 

I,
Sheri Lofgren, hereby certify that I am the Chief Financial Officer of Boxlight Corporation, formerly, known as Logical Choice
Corporation (the “Corporation”), a corporation organized and existing under the Nevada Revised Statutes, and
further do hereby certify:

 

That
pursuant to the authority expressly conferred upon the Board of Directors of the Corporation (the “Board”)
by the Corporation’s Articles of Incorporation, as amended (the “Articles of Incorporation”), the Board
on May __, 2016, adopted the following resolutions creating a series of preferred stock designated as Series C Convertible Preferred
Stock, none of which have been issued:

 

RESOLVED
that these Amended and Restated Certificate of Designations of the Series C Preferred Stock shall restate in their entirety, the
Certificate of Designations for the Series C Preferred Stock filed pursuant to Section 78.195 of the NRS on September 24, 2015,
as amended on December 16, 2015; and

 

RESOLVED,
that the Board designates the Series C Convertible Preferred Stock and the number of shares constituting such series, and fixes
the rights, powers, preferences, privileges and restrictions relating to such series in addition to any set forth in the Articles
of Incorporation as follows:

 

TERMS
OF SERIES C CONVERTIBLE PREFERRED STOCK

 

ARTICLE
I Designation and Number.

 

1.1
A series of Preferred Stock, designated as Series C Convertible Preferred Stock (“Series
C Preferred Stock”),
par value $0.0001 per share, is hereby established. The number of authorized shares of Series C Preferred Stock shall initially
be 270,000 shares (as adjusted, pursuant to this Agreement, the “Authorized Shares”),
and the stated value amount per share of Series C Preferred Stock shall be $20.00 (the “Stated Value Per Share”),
or $5,400,000 as to all shares of Series C Preferred Stock. 

 

1.2
Pursuant to a Share Purchase Agreement, dated May 10, 2016 (the “Purchase
Agreement”), BOXLIGHT
HOLDINGS, INC., a Delaware corporation and a wholly-owned subsidiary of the Corporation (“Boxlight Holdings”), acquired
from GUANG FENG INTERNATIONAL LTD., an American Samoa corporation (“Guang Feng”) and a wholly owned subsidiary of
EVEREST DISPLAY, INC., a Taiwan corporation (“EDI”), 100% of the issued and outstanding common shares of BOXLIGHT,
INC., a corporation organized under the laws of Washington State (“Boxlight USA”),
BOXLIGHT LATINOAMERICA, S.A. DE C.V. (“BLA”) and BOXLIGHT LATINOAMERICA SERVICIOS, S.A. DE C.V. (“BLS”),
both corporations organized under the laws of Mexico (collectively, “Boxlight Mexico”).

 

1.3 The
Series C Preferred Stock is being issued pursuant to the terms of the Purchase Agreement. unless otherwise defined in this Certificate,
all capitalized terms, when used herein, shall have the same meaning as they are defined in the Purchase Agreement.

 

1.4
As used in this Certificate, the term “Automatic
Conversion Shares” shall mean, upon the occurrence of a Liquidity Event, the aggregate
number of shares of Company Class A Common Stock issuable upon the automatic conversion of all of the Series C Preferred Stock;
being that number of shares of Class A Common Stock resulting from dividing (a) a Market Value of up to Sixteen Million Four Hundred
and Fifty Six Thousand ($16,456,000) Dollars, and in no event less than Eight Million Two Hundred and Twenty Eight Thousand ($8,228,000)
Dollars up to Sixteen Million Four Hundred and Fifty Six Thousand ($16,456,000) Dollars, by (b) the Per Share Price; provided,
that, the Automatic Conversion Shares shall in all cases represent that number of shares
of Class A Common Stock which shall constitute 22.221% of the Fully-Diluted Common Stock of the Corporation. For the avoidance
of doubt, in connection with the contemplated IPO, and after giving effect (i) a series of reverse stock splits and forward stock
splits, assuming that the aggregate number of shares of the Fully-Diluted Common Stock of the Corporation shall be 9,699,909 shares
of Common Stock, such Automatic Conversion Shares shall be an aggregate of two million one hundred and fifty five thousand four
hundred and eleven (2,155,411) shares of Class A Common Stock, or approximately 22.221% of the Fully-Diluted Common Stock of the
Corporation. In the event that such reverse stock split ratio and forward stock split ratio shall change, then the number of shares
of Series A Common Stock issuable as Automatic Conversion Shares shall change, but the aggregate number of shares of such Class
A Common Stock upon the occurrence of a Liquidity Event shall continue to represent not less than 22.221% of the Fully-Diluted
Common Stock of the Corporation.

 

    	 

    	 

    

 

1.5
As used in this Certificate, the term “Conversion
Shares” shall mean the
collective reference to the Automatic Conversion Shares and any Optional Conversion Shares issued to a Holder prior to a Liquidity
Event.

 

1.6
As used in this Certificate, the term “Fully-Diluted
Common Stock” shall
have the same meaning as the definition of “Fully-Diluted Common Stock of the Company” as set forth in the Purchase
Agreement.

 

1.7
As used in this Certificate, the term “Holder”
shall mean one or more holder(s)
of shares of Series C Preferred Stock.

 

1.8
As used in this Certificate, the term “Majority
Holders” shall mean
those persons who were issued a majority of the shares of Series C Preferred Stock pursuant to the terms of the Purchase Agreement
to the extent that such persons continue to own capital stock in the Corporation.

 

1.9
As used in this Certificate, the term “Purchase
Agreement” shall mean
the share purchase agreement dated as of as of May 10, 2016, among the Corporation, Boxlight Holdings, EDI, Guang Feng, Boxlight
USA, BLS and BLA.

 

1.10
As used in this Certificate, the term “Liquidity
Event” shall have the
meaning as such term is defined in the Purchase Agreement.

 

1.11
As used in this Certificate, the term “Market
Value” shall have the
meaning as such term is defined in the Purchase Agreement.

 

1.12
As used in this Certificate, the term “Per
Share Price” shall have
the meaning as such term is defined in Section 1.6 of the Purchase Agreement.

 

1.13
As used in this Certificate, the term “IPO”
shall have the meaning as
such term is defined in the Purchase Agreement.

 

1.14 The
terms “Parent” or “BOXL as used in the Purchase Agreement and the term “Company” as used in the
Purchase Agreement, shall mean the Corporation.

 

ARTICLE
II RANK. All shares of the Series C Preferred Stock shall rank senior to (i) to the Corporation’s Class A Common Stock,
$0.0001 par value per share and Class B Common Stock, $0.0001 par value per share of the Corporation (the “Common Stock”)
and any other class of securities which is specifically designated as junior to the Series C Preferred Stock (collectively, with
the Common Stock, the “Junior Securities”); and (ii) pari passu with any other class or series
of Preferred Stock of the Corporation hereafter created specifically ranking, by its terms, on parity with the Series C Preferred
Stock, including without limitation, 2,500,000 shares of Series A Preferred Stock, $1.00stated value per share, 1,000,000 shares
of Series B Preferred Stock, $1.00 stated value per share and all other shares of Preferred Stock of the Corporation (other than
the Series C Preferred Stock) to be issued in series in connection with the “Acquisitions” of Mimio or Genesis,”
as those terms are defined in the Everest Purchase Agreement, and to any notes, convertible securities or class or series of capital
stock of the Corporation (including Preferred Stock) hereafter issued for the purpose of consummating any public or private financing
(collectively, the “Pari Passu Securities”), in each case as to distribution of assets upon liquidation, dissolution
or winding up of the Corporation, whether voluntary or involuntary.

 

    	 

    	 

    

 

ARTICLE
III Dividends.

 

3.1 The
Holders shall be entitled to receive if, at the times set forth in this Section 3,1, cumulative annual dividends per share equal
to six percent (6%) of the aggregate Liquidation Preference (hereinafter defined) of the issued and outstanding Series C Preferred
Stock. Accrual of such dividends shall be computed on a 365-day basis, and shall be payable in full when the Series C Preferred
Stock is converted into Automatic Conversion Shares. Such dividends shall be payable annually each anniversary of the issue date
of the Series C Preferred Stock in additional shares of Series C Preferred Stock, and such dividends shall accrue whether
or not declared and regardless of whether there are profits, surplus or other funds legally available for payment of dividends,
and shall be earned or payable from and after the issue date of the Series C Preferred Stock. All dividends paid with respect
to shares of Series C Preferred Stock pursuant to this Section 3.1 shall be paid pro rata to the Holders entitled thereto. Dividends
on the Series C Preferred Stock may not be declared, paid or set apart for payment, nor may the Corporation redeem, purchase or
otherwise acquire any shares of Series C Preferred Stock, if the Corporation is not solvent or would be rendered insolvent thereby.

 

3.2 Except
as otherwise set forth in this Section 3.1, the Series C Preferred Stock shall not pay a fixed or other dividend. The Holders
shall, however, be entitled to receive dividends when, as, and if declared by the Board, in an amount which shall be paid pro
rata on the Common Stock and the Series C Preferred Stock, on an equal priority, pari passu basis, according to the number
of shares of Common Stock held by the stockholders, where each Holder is to be treated for this purpose as holding (in lieu of
such shares of Series C Preferred Stock) the greatest whole number of shares of Common Stock then issuable upon conversion in
full of such shares of Series C Preferred Stock. The right to such dividends on shares of Series C Preferred Stock shall not be
cumulative, and no right shall accrue to Holders by reason of the fact that dividends on said shares are not declared in any period,
nor shall any undeclared or unpaid dividend bear or accrue interest.

 

ARTICLE IV LIQUIDATION
PREFERENCE. In the event of a merger, sale (of substantially all assets or stock), any voluntary or involuntary liquidation,
dissolution or winding up of the affairs of the Corporation, then, either (i) simultaneous with any distribution or payment on
Pari Passu Securities, and (ii) before any distribution or payment shall be made to the holders of the Common Stock or any other
Junior Securities, each Holder of Series C Preferred Stock then outstanding shall be entitled to be paid, out of the assets of
the Corporation available for distribution to its stockholders, an amount (the “Liquidation Preference”) equal
to (i) the product of (A) the aggregate number of shares of Series C Preferred Stock then outstanding, and (B) the Stated Value
Per Share plus (ii) any accrued but unpaid dividends. If the assets of the Corporation are not sufficient to generate cash sufficient
to pay in full the Liquidation Preference, then the Holders of Series C Preferred Stock shall share ratably (together with holders
of any Pari Passu Securities) in any distribution of cash generated by such assets in accordance with the respective amounts that
would have been payable in such distribution as if the amounts to which the Holders of outstanding shares of Series C Preferred
Stock are entitled were paid in full.

 

ARTICLE V. VOTING RIGHTS.
Each share of Series C Preferred Stock shall have a number of votes equal to the number of shares of Common Stock then issuable
upon conversion of each share of Series C Preferred Stock. Except as otherwise set forth herein, the Holders shall have no right
to vote as a separate class on any matter submitted to vote by the stockholders of the Corporation, excluding, however, any proposed
amendment that would alter any right given to the Series C Preferred Stock; in which event the Series C Preferred Stock may vote
as a separate class with respect to such amendment. Holders shall be entitled to notice of any stockholders’ meeting in
accordance with the Bylaws of the Corporation and shall vote with holders of the Common Stock upon the election of directors and
upon any other matter submitted to a vote of stockholders. Fractional votes by the Holders shall not, however, be permitted and
any fractional voting rights resulting from the above formula (after aggregating all shares into which shares of Series C Preferred
Stock held by each Holder could be converted) s hall be rounded to the nearest whole number (with one-half being rounded upward).

 

    	 

    	 

    

 

ARTICLE
VI Conversion.

 

6.1
Conversion Ratio. Each full share of Series C Preferred Stock shall be convertible into Company Class A Common Stock of
the Corporation, at any time, into that number of shares of Company Class A Common Stock at a conversion ratio per share of Series
C Preferred Stock as shall be determined by dividing (A) the number of Authorized Shares, by (B) that number of shares of Common
Stock equal to the number of Automatic Conversion Shares (the
“Series
C Conversion Ratio”). Accordingly the initial conversion ratio (the “Conversion
Ratio”), shall be determined by dividing one share of the Series C Preferred Stock
by the Series C Conversion Ratio; provided, that, the number of Conversion Shares
(defined below) and the Series C Conversion Ratio shall result in all of the Conversion Shares having a Market Value of up to
Sixteen Million Four Hundred and Fifty Six Thousand ($16,456,000) Dollars and not less than Eight Million Two Hundred and Twenty
Eight Thousand ($8,228,000) Dollars (the “Market Value”), and shall result in all of the Conversion Shares representing
not less than 22.221% of the Fully-Diluted Company Common Stock. 

 

For
the avoidance of doubt, in the event and to the extent that the Automatic Conversion Shares shall represent less than 22.221%
of the Fully-Diluted Common Stock, upon the optional or automatic conversion of the Series C Preferred Stock, the Holders of Series
C Preferred Stock shall be entitled to receive, in addition to such Automatic Conversion Shares, the “Adjustment Shares”
as defined in the Purchase Agreement. In addition, if the product of multiplying the Per Share Price by the number of Automatic
Conversion Shares shall result in a Market Value of less than up to Sixteen Million Four Hundred and Fifty Six Thousand ($16,456,000)
Dollars and not less than Eight Million Two Hundred and Twenty Eight Thousand ($8,228,000) Dollars Market Value, the number of
Automatic Conversion Shares shall similarly be subject to increase by the issuance of additional shares of Common Stock.

 

6.2 Optional
Conversion. The Holders of shares of Series
C Preferred Stock may, at their option and at any time or from time to time, convert all or any portion of their shares of Series
C Preferred Stock into Common Stock of the Corporation at any time or from time to time (an “Optional Conversion”).
In order to effect an Optional Conversion, a Holder of shares of Series C Preferred Stock shall: (i) fax (or otherwise deliver)
a copy of the fully executed Notice of Conversion to the Corporation (Attention: Secretary) and (ii) surrender or cause to be
surrendered the original certificates representing the Series C Preferred Stock being converted (the “Series C Preferred
Stock Certificates”), duly endorsed, along with a copy of the Notice of Conversion as soon as practicable thereafter
to the Corporation. Upon receipt by the Corporation of a facsimile copy of a Notice of Conversion from a Holder, the Corporation
shall promptly send, via facsimile, a confirmation to such Holder stating that the Notice of Conversion has been received, the
date upon which the Corporation expects to deliver the Common Stock issuable upon such Optional Conversion (the “Optional
Conversion Shares”) and the name and telephone number of a contact person at the Corporation regarding the conversion.
The Corporation shall not be obligated to issue any Optional Conversion Shares upon any Optional Conversion unless either the
Series C Preferred Stock Certificates are delivered to the Corporation as provided above, or the Holder notifies the Corporation
that such Series C Preferred Stock Certificates have been lost, stolen or destroyed and delivers the documentation to the Corporation.

 

6.3
Automatic Conversion. Notwithstanding anything to the contrary contained herein, express or implied, but subject at all
times to the adjustment provisions of Section 6.4 below, immediately following the occurrence of (i) a Liquidity Event and (ii)
the exercise of the Option (as defined in the Purchase Agreement), all, and not less than all, of the then issued and outstanding
shares of Series C Preferred Stock shall automatically,
and without any further action on the part of the Corporation or the Holder, be converted (an “Automatic Conversion”)
into that number of Automatic Conversion Shares that shall (a) have an aggregate Market Value of up to $16,456,000 and not less
than $8,228,000, and (b) represent not less than 22.221% of the Fully-Diluted Common Stock of the Corporation, less the
aggregate number of shares of Common Stock previously issued in connection with any one or more Optional Conversions contemplated
by Section 6.2 above. Each Holder of Series C Preferred Stock shall be entitled to receive his, her or its pro-rata portion of
the Automatic Conversion Shares determined by the amount by which the number of shares of Common Stock into which all of such
Holder’s shares of Series C Preferred Stock may be converted pursuant to the Conversion Ratio, bears to the total number
of Automatic Conversion Shares. 

 

    	 

    	 

    

 

For
the avoidance of doubt, in connection with the contemplated IPO, and after giving effect to a series of reverse stock splits and
forward stock splits of the outstanding Common Stock of the Corporation, if the Fully-Diluted Common Stock of the Corporation
shall be 9,699,909 shares of Common Stock, the Automatic Conversion Shares shall be up to an aggregate of 2,155,411 shares of
Class A Common Stock (inclusive of the Bonus Shares referred to in the Purchase Agreement), or approximately 22.22% of the Fully-Diluted
Common Stock of the Corporation. In the event that the Fully-Diluted Common Stock of the Corporation shall be other than 9,699,909
shares of Common Stock, then the number of shares of Series A Common Stock issuable as Automatic Conversion Shares shall change,
but the aggregate number of shares of such Class A Common Stock upon the occurrence of a Liquidity Event (including the Bonus
Shares) shall continue to represent not less than 22.221% of the Fully-Diluted Common Stock of the Corporation.

 

6.4 Adjustment
for Reclassification, Exchange, and Substitution.
If at any time or from time to time after the date upon which the first share of Series C Preferred Stock was issued by the Corporation
(the “Original Issue Date”), the shares of Company Class A Common Stock issuable upon the conversion of the
Series C Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether
by recapitalization, reclassification, reorganization, merger, exchange, consolidation, sale of assets or otherwise, then, in
any such event, Holders shall have the right thereafter to convert such stock into the kind and amount of stock and other securities
and property receivable upon such recapitalization, reclassification, reorganization, merger, exchange, consolidation, sale of
assets or other change by a holder of the number of shares of Company Class A Common Stock into which such shares of Series C
Preferred Stock could have been converted immediately prior to such recapitalization, reclassification, reorganization, merger,
exchange, consolidation, sale of assets or other change, or with respect to such other securities or property by the terms thereof.

 

6.5 Adjustment
Upon Common Stock Event. In the event that
a Common Stock Event occurs at any time or from time to time after the Original Issue Date, the aggregate number of Conversion
Shares in effect immediately prior to such event shall, simultaneously with the occurrence of such Common Stock Event, shall be
proportionately decreased or increased, as appropriate. The Conversion Shares shall be readjusted in the same manner upon the
happening of each subsequent Common Stock Event. As used herein, the term “Common Stock Event” shall mean:
(a) the declaration or payment of any dividend or other distribution on the Common Stock, without consideration, payable to one
or more stockholders in additional shares of Company Class A Common Stock or other securities or rights convertible into, or entitling
the holder thereof to receive, directly or indirectly, additional shares of Common Stock; (b) a subdivision (by stock split, reclassification
or otherwise) of the outstanding shares of Common Stock into a greater number of shares of Common Stock; or (c) a combination
or consolidation (by reverse stock split) of the outstanding shares of Common Stock into a smaller number of shares of Common
Stock.

 

6.6 Adjustment
of Series C Conversion Price Upon Issuance of Additional Shares of Common Stock.
In the event the Corporation shall, at any time after the Original Issue Date and prior to a Liquidity Event, issue additional
shares of Company Class A Common Stock or Preferred Stock that is convertible into shares of Common Stock, then the Series C Conversion
Price and the Conversion Ratio shall be adjusted concurrently with such issue, so that the Series C Preferred Stock shall continue
to represent 22.221% of the Fully-Diluted Common Stock of Company.

 

6.7 Reservation
of Stock Issuable Upon Conversion. The Corporation
shall at all times reserve and keep available out of its authorized but unissued shares of Company Class A Common Stock, solely
for the purpose of effecting the conversion of the shares of the Series C Preferred Stock such number of its shares of Company
Class A Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of the Series
C Preferred Stock; and if at any time the number of authorized but unissued shares of Company Class A Common Stock shall not be
sufficient to effect the conversion of all then outstanding shares of the Series C Preferred Stock, the Corporation will take
such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Company
Class A Common Stock to such number of shares as shall be sufficient for such purpose, including, without limitation, engaging
in best efforts to obtain the requisite stockholder approval of any necessary amendment to the Corporation’s Articles of
Incorporation.

 

    	 

    	 

    

 

6.8 Fractional
Shares. No fractional share shall be issued
upon the conversion of any share or shares of Series C Preferred Stock. All shares of Common Stock (including fractions thereof)
issuable upon conversion of more than one share of Series C Preferred Stock by a Holder thereof shall be aggregated for purposes
of determining whether the conversion would result in the issuance of any fractional share.

 

ARTICLE VII NO REISSUANCE OF SERIES
C PREFERRED STOCK. No share or shares of Series C Preferred Stock acquired by the Corporation by reason of redemption, purchase,
conversion or otherwise shall be reissued, and all such shares shall be canceled, retired and eliminated from the shares which
the Corporation shall be authorized to issue.

 

ARTICLE VIII REDEMPTION. The
Series C Preferred Stock is not redeemable.

 

ARTICLE IX NOTICE. Except as
may otherwise be provided for herein, all notices referred to herein shall be in writing, and all notices hereunder shall be deemed
to have been given upon the earlier of receipt of such notice or four business days after the mailing of such notice, if sent by
registered mail, with postage pre -paid, addressed: (1) if to the Corporation, to the attention of its corporate secretary or to
an agent of the Corporation designated as permitted by the Corporation’s Articles of Incorporation, as amended; (2) if to
any Holder, to such Holder at the address of such Holder as listed in the stock record books of the Corporation (which may include
the records of the Corporation’s transfer agent); or (3) to such other address as the Corporation or Holder, as the case
may be, shall have designated by notice similarly given.

 

ARTICLE X AMENDMENT. This Certificate
of Designation or any provision hereof may be amended by obtaining the affirmative vote at a meeting duly called for such purpose,
or written consent without a meeting in accordance with the Nevada Revised Statutes, of (i) a majority of the outstanding Series
C Preferred Stock, voting separate as a single class, and (ii) with such other stockholder approval, if any, as may then be required
pursuant to the Nevada Revised Statutes and the Articles of Incorporation.

 

ARTICLE
XI Limitation on Transfer.

 

11.1 The
sale, offer to sell, contract to sell, assignment, pledge, hypothecation, encumbrance or other transfer (collectively, “Transfer”),
directly or indirect, by any Holder or holder of the Conversion Shares issuable upon conversion of such shares of Series C Preferred
Stock, including (i) the use of the any shares of Series C Preferred Stock or Conversion Shares (collectively, “Capital
Stock”) as collateral for any borrowing, or (ii) the granting of purchase options to any other person or entity, shall be
prohibited until 180 days from the date of this Certificate of Designation; provided, however, that a Transfer by a holder
of Capital Stock (a “Capital Stock Holder”), (certified by such Capital Stock Holder to the Corporation that such
Transfer is for estate planning purposes), to (A) an immediate family member (child, sibling, spouse or Company); (B) a trust,
corporation, partnership, limited partnership or limited liability Corporation that is an “affiliate” (at that term
is defined in Rule 405 promulgated under the Securities Act of 1933, as amended) of such Capital Stock Holder; or (C) in the case
of a Capital Stock Holder that is an entity, stockholders, members, partners or other equity holders of such Capital Stock Holder
shall be permitted. To the extent of any permitted Transfer, the transferee of such transferred Capital Stock shall acquire the
same subject to the provisions set forth herein. 

 

11.2 In
the event of any stock dividend, stock split, recapitalization, or other change affecting the Corporation’s outstanding
Common Stock effected without receipt of consideration, then any new, substituted, or additional securities distributed to a Holder
with respect to Capital Stock shall be immediately subject to the provisions of this Section 11.2 , to the same extent the Capital
Stock is at such time covered by such provisions.

 

    	 

    	 

    

 

11.3 In
addition to any restrictive legend required under Rule 144, the certificate for each share of Series C Preferred Stock and Conversion
Shares shall contain the following legend: 

 

“Except
in limited circumstances, the sale, offer to sell, contract to sell, assignment, pledge, hypothecation, encumbrance or other transfer
(collectively, “Transfer”) of the shares represented by this certificate are restricted in accordance with the provisions
of the Certificate of Designations of the Series C Preferred Stock, dated September 30, 2015, a copy of which is available at
the offices of the Corporation.”

 

11.4 Any
purported Transfer of any of the Capital Stock that is not in accordance with this Section Error! Reference source not found.
shall be null and void, and shall not operate to transfer any right, title or interest in such Capital Stock to the purported
transferee. Each Holder of Capital Stock agrees that the Corporation shall be entitled to prohibit the Transfer of any Capital
Stock to be made on its books unless the Transfer is permitted hereunder and has been made in accordance herewith. 

 

ARTICLE
XII Protective Provisions.

 

So
long as any shares of Series C Preferred Stock are outstanding, the Corporation shall not, nor shall it permit any of its subsidiaries
to, take or agree to take any of the following corporate actions (whether by merger, consolidation or otherwise) without first
obtaining the approval (by vote or written consent) of the Holders of a majority of the issued and outstanding Series C Preferred
Stock (the “Series C Majority Holders”):

 

12.1 alter
or change the rights, preferences or privileges of the Series C Preferred Stock, or increase the authorized number of shares of
Series C Preferred Stock in excess of 270,000 Shares; or

 

12.2 issue
any shares of Series C Preferred Stock to Persons, other than to Option Holders pursuant to the Purchase Agreement; or create
or authorize the creation of or issue any shares of Preferred Stock or any other security convertible or exercisable for any equity
security having rights, preferences or privileges senior to or on parity with the Series C Preferred Stock.

 

ARTICLE
XIII Co-Sale Rights.

 

13.1 If
a Holder proposes to sell any shares of its Series C Preferred Stock (the “Selling Holder”) then the Selling Holder
shall promptly give written notice (the “Notice”) to each of the other Holders at least 30 days prior to the closing
of such sale. The Notice shall describe in reasonable detail the proposed sale including, without limitation, the number of shares
of Series C Preferred Stock to be transferred, the nature of such sale, the consideration to be paid, and the name and address
of each prospective purchaser or transferee.

 

13.2 Each
other Holder (the “Participating Holder”) shall have the right, exercisable upon written notice to such Selling Holder
within 15 days of the Notice, to participate in such sale of Series C Preferred Stock on the same terms and conditions. Such notice
shall indicate the number of shares of Series C Preferred Stock such Participating Holder wishes to sell.

 

(a) Each
Participating Holder shall effect its participation in the sale by promptly delivering to such Selling Holder for transfer to
the prospective purchaser one or more certificates, properly endorsed for transfer, which represent the number of shares of Series
C Preferred Stock which such Participating Holder elects to sell.

 

(b) The
stock certificate or certificates that the Participating Holder delivers to such Selling Holder shall be transferred to the prospective
purchaser in consummation of the sale of the Series C Preferred Stock pursuant to the terms and conditions specified in the Notice,
and the Selling Holder shall concurrently therewith remit to such Participating Holder that portion of the sale proceeds to which
such Participating Holder is entitled by reason of its participation in such sale. To the extent that any prospective purchaser
or purchasers prohibits such assignment or otherwise refuses to purchase shares or other securities from a Participating Holder
exercising its rights of co-sale hereunder, such Selling Holder shall not sell to such prospective purchaser or purchasers any
Series C Preferred Stock held by Selling Holder unless and until, simultaneously with such sale, such Selling Holder shall purchase
such shares or other securities from such Participating Holder on the same terms and conditions specified in the Notice.

 

    	 

    	 

    

 

(c) To
the extent that the Participating Holders do not elect to participate in the sale of the Series C Preferred Stock held by such
Selling Holder subject to the Notice, such Selling Holder may enter into an agreement providing for the closing of the sale of
such Series C Preferred Stock within thirty (30) days of such agreement on terms and conditions not materially more favorable
to the transferor than those described in the Notice. Any proposed sale on terms and conditions materially more favorable than
those described in the Notice, as well as any subsequent proposed sale of any of the Series C Preferred Stock by a Selling Holder,
shall again be subject to the co-sale rights of the Participating Holders and shall require compliance by a Selling Holder with
the procedures described in this Section 13.

 

ARTICLE
XIV Miscellaneous.

 

14.1 Cancellation
of Series C Preferred Stock. If any shares
of Series C Preferred Stock are converted pursuant to this Certificate of Designations, the shares so converted or redeemed shall
be canceled, shall return to the status of authorized, but unissued Series C Preferred Stock of no designated series, and shall
not be issuable by the Corporation as Series C Preferred Stock.

 

14.2 Lost
or Stolen Certificates. Upon receipt by the
Corporation of (i) evidence of the lost, theft, destruction or mutilation of any Series C Preferred Stock Certificate(s) and (ii)
(y) in the case of loss, theft or destruction, indemnity (without any bond or other security) reasonably satisfactory to the Corporation,
or (z) in the case of mutilation, the Series C Preferred Stock Certificate(s) (surrendered for cancellation), the Corporation
shall execute and deliver new Series C Preferred Stock Certificate(s) of like tenor and date. However, the Corporation shall not
be obligated to reissue such lost, stolen, destroyed or mutilated Series C Preferred Stock Certificate(s) if the Holder contemporaneously
requests the Corporation to convert such Series C Preferred Stock.

 

14.3 Waiver.
Notwithstanding any provision in these Certificate of Designations to the contrary, any provision contained herein and any right
of the Holders of Series C Preferred Stock granted hereunder may be waived as to all shares of Series C Preferred Stock (and the
Holders thereof) upon the written consent of the Series C Majority Holders, unless a higher percentage is required by applicable
law, in which case the written consent of the Holders of not less than such higher percentage of shares of Series C Preferred
Stock shall be required.

 

14.4 Information
Rights. So long as shares of Series C Preferred
Stock are outstanding, the Corporation will deliver to each Holder of Series C Preferred Stock (i) unaudited annual financial
statements to the Holders of Series C Preferred Stock within 90 days after the end of each fiscal year; (ii) and unaudited quarterly
financial statements within 45 days of the end of each fiscal quarter. Notwithstanding the foregoing in the event and to the extent
that such information is electronically available on the web site of the Securities and Exchange Commission (www.sec.gov), the
Corporation need not separately furnish such documents to Holders of the Series C Preferred Stock.

 

Balance
of this page intentionally left blank – signature page follows

 

    	 

    	 

    

 

The
undersigned declares under penalty of perjury under the laws of the State of Nevada that the matters set forth in this certificate
are true and correct of his own knowledge.

 

The
undersigned has executed this restated certificate of designations on _______ __, 2016.

 

	 	BOXLIGHT
    CORPORATION 
	 	 
	 	 
	 	Name:	Sheri
    Lofgren
	 	Title:
    	Chief
    Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}]]