Document:

NEITHER
THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE 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.

 

	April
    26, 2013	$25,000

 

MINDPIX
CORPORATION

(OTC:
MPIX)

 

10% Convertible
Debenture

 

Due April
26, 2014

 

FOR
VALUE RECEIVED, MINDPIX CORPORATION, a Nevada corporation (hereinafter called the “Borrower”
or the “Company”), hereby promises to pay to
Blulife, Inc, a Florida corporation (the “Holder”),
or order, without demand, the sum of TWENTY FIVE THOUSAND Dollars
($25,000), with simple interest accruing at the rate described below, on April
26, 2014 (the “Maturity Date”).

 

NOW
THEREFORE, the following terms shall apply to this Note:

 

ARTICLE
I

GENERAL
PROVISIONS

 

1.1
Payments. The entire unpaid principal amount due under this Note (the
“Principal”) shall be due and payable on the Maturity Date. Interest on this Note (the
“Interest”) will be payable on the Maturity Date. Interest shall be payable in cash or, at the Holder’s
option, in shares of the Company’s common stock, $.0001 par value per share (the
“Common Stock”).

 

Upon
any conversion in part by the Holder in accordance with Article II, the Holder and the Borrower shall in good faith recalculate
the outstanding principal balance. Upon any full conversion by the Holder in accordance with Article II of all of the Interest
and the Principal due hereunder, all of the Borrower’s payment obligations shall terminate. All payments in respect of the
indebtedness evidenced hereby shall be applied in the following order: to accrued Interest, Principal, and charges and expenses
owing under or in connection with this Note.

 

If
any payment of interest is paid in Common Stock, the number of shares issuable will be determined utilizing the conversion ratio
as set forth in Article II. Notwithstanding the foregoing, the Company’s right to pay this Note, including any Interest
due thereunder, in shares of Common Stock upon the Maturity Date is subject to the condition that: (i) the Common Stock is trading
on the OTC Markets (Pink Sheets), OTC Bulletin Board, American Stock Exchange or Nasdaq; and (ii) there is an effective Registration
Statement on the Maturity Date or the shares are otherwise eligible for resale pursuant to Rule 144 and payment thereof in full
will not exceed the Maximum Conversion as defined below.

 

    	 

    	 

    

 

1.2
Interest. Interest shall accrue on the outstanding principal balance hereof
at an annual rate equal to ten percent (10%) from the date Principal was advanced in connection with this Note and shall be payable
annually unless otherwise converted earlier at the election of the Holder as further described below. Interest shall be calculated
on the basis of a 360-day year and the actual number of days elapsed, to the extent permitted by applicable law. Interest hereunder
will be paid to the Holder or its assignee in whose name this Note is registered on the records of the Borrower regarding registration
and transfers of Notes (the “Note Register”). However, should
the Company fail to maintain current public information as defined in Rule 144 of the Securities Act of 1933, the interest rate
shall increase to 18% per annum for that period when the Company’s filings are not up-to-date.

 

1.3
Payment Grace Period. From and after the 10th day after an Event
of Default under Section 3.1, the Interest Rate applicable to any unpaid amounts owed hereunder shall be increased to eighteen
percent (18%) per annum.

 

1.4
Conversion Privileges. The conversion privileges set forth in Article II shall
remain in full force and effect immediately from the date hereof and until the Note is paid in full regardless of the occurrence
of an Event of Default. This Note shall be payable in full on the Maturity Date, unless previously converted into Common Stock
in accordance with Article II hereof; provided, that if an Event of Default
has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency of the Event of Default.

 

1.5
Corporate Existence. So long as this Note remains outstanding, the Company
shall not directly or indirectly consummate any merger, reorganization, restructuring, reverse stock split, consolidation, sale
of all or substantially all of the Company’s assets or any similar transaction or related transactions (each such transaction,
a “Fundamental Change”) where the Company is not the surviving
entity unless, prior to the consummation a Fundamental Change, the Company shall have given the Holder not less than fourteen
(14) days prior written notice to the Holder. In any such case, the Company grant the Holder the right to put this Note to the
Company up to the time of the effectiveness of the Fundamental Change at 125% of the then outstanding Principal plus any unpaid
and accrued Interest.

 

This
Note is subject to the following additional provisions:

 

ARTICLE
II

CONVERSION
RIGHTS AND REDEMPTION RIGHTS

 

The
Holder shall have the right to convert the principal and accrued and unpaid interest due under this Note into Shares of the Borrower’s
Common Stock as set forth below.

 

2.1
Conversion into the Borrower’s Common Stock.

 

(a)
The Holder shall have the right from and after the date of the issuance of this Note and then at any time until this Note is fully
paid, to convert any outstanding and unpaid principal portion of this Note, and accrued Interest, at the election of the Holder
(the date of giving of such notice of conversion being a “Conversion Date”)
into fully paid and non-assessable shares of Common Stock as such stock exists on the date of issuance of this Note (such
shares, the “Conversion Shares”), or any shares of capital stock
of Borrower into which such Common Stock shall hereafter be changed or reclassified (the
“Other Securities”), at the conversion price as defined in Section 2.1(b) hereof (the
“Conversion Price”), determined as provided herein. Upon delivery to the Borrower of a completed Notice
of Conversion, a form of which is attached hereto as Exhibit A, Borrower
shall issue and deliver to the Holder within three (3) business days from the Conversion Date (such third day being the “Delivery
Date”) that number of Conversion Shares for the portion of the Note converted in accordance with the foregoing.
At the election of the Holder, the Borrower will deliver accrued but unpaid interest on the principal amount of the Note being
converted in the manner provided in Section 1.1 through the Conversion Date directly to the Holder on or before the Delivery Date.
The number of Conversion Shares to be issued upon each conversion of this Note shall be determined by dividing that portion of
the principal of this Note and accrued interest to be converted, by the Conversion Price.

 

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(b)
Subject to adjustment as provided in Section 2.1(c) hereof, the Conversion Price per share shall be 30% of the average of the
five lowest intraday prices for the Company’s stock during the previous 20 trading days.

 

(c)
The Conversion Price and number and kind of shares or other securities to be issued upon conversion determined pursuant to Section
2.1(a), shall be subject to adjustment from time to time upon the happening of the following certain events while this conversion
right remains outstanding:

 

A.
Reorganization, Consolidation, Merger, etc.; Reclassification. In case at
any time or from time to time, the Company shall, subject to Section 1.5 hereof, effect a Fundamental Change, then, in each such
case, as a condition to the consummation of such a transaction, proper and adequate provision shall be made by the Company whereby
the Holder of this Note, on the conversion hereof as provided in Article II, at any time after the consummation of such Fundamental
Change, shall receive, in lieu of the Conversion Shares (or Other Securities) issuable on such conversion prior to such consummation
or such effective date, the stock and other securities and property (including cash) to which such Holder would have been entitled
upon such consummation of a Fundamental Change if such Holder had so converted this Note, immediately prior thereto, all subject
to further adjustment thereafter as provided in Section 2.1(c)(E).

 

If
the Borrower at any time shall, by reclassification or otherwise, change the Common Stock into the same or a different number
of securities of any class or classes that may be issued or outstanding, this Note, as to the unpaid principal portion thereof
and accrued interest thereon, shall thereafter be deemed to evidence the right to purchase an adjusted number of such securities
and kind of securities as would have been issuable as the result of such change with respect to the Common Stock immediately prior
to such reclassification or other change.

 

B.
Dissolution. In the event of any dissolution of the Company following the
transfer of all or substantially all of its properties or assets, the Company, prior to such dissolution, shall at its expense
deliver or cause to be delivered the stock and other securities and property (including cash, where applicable) receivable by
the Holder of this Note after the effective date of such dissolution pursuant to this Article II to a bank or trust company (a
“Trustee”) having its principal office in New York, NY, as trustee
for the Holder of the Notes.

 

C.
Continuation of Terms. Upon any Fundamental Change or transfer (and any dissolution
following any transfer) referred to in this Article II, this Note shall continue in full force and effect and the terms hereof
shall be applicable to the Other Securities and property receivable on the conversion of this Note after the consummation of such
Fundamental Change or transfer or the effective date of dissolution following any such transfer, as the case may be, and shall
be binding upon the issuer of any other securities, including, in the case of any such transfer, the person acquiring all or substantially
all of the properties or assets of the Company, whether or not such person shall have expressly assumed the terms of this Note
as provided in Section 2.1(c)(E). In the event this Note does not continue in full force and effect after the consummation of
the transaction described in this Article II, then only in such event will the Company’s securities and property (including
cash, where applicable) receivable by the Holder of this Note be delivered to the Trustee as contemplated by Section 2.1(c)(B).

 

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D.
Share Issuance. If at any time this Note is outstanding the Company shall
offer, issue or agree to issue any common stock or securities convertible into or exercisable for shares of common stock (or modify
any of the foregoing which may be outstanding) to any person or entity at a price per share or conversion or exercise price per
share which shall be less than the then applicable Conversion Price in respect of the Shares, without the consent of the Holders
of this Note, except with respect to Excepted Issuances, then the Company shall issue, for each such occasion, additional shares
of Common Stock to each Holder so that the average per share purchase price of the shares of Common Stock issued to the Holder
(of only the Conversion Shares still owned by the Holder) is equal to such other lower price per share and the Conversion Price
shall automatically be reduced to such other lower price per share. For the purposes hereof, “Excepted Issuances”
means any offer, issuance or agreement to issue any common stock or securities convertible into or exercisable for shares of common
stock (or modify any of the foregoing which may be outstanding) in connection with (i) full or partial consideration in connection
with a strategic merger, consolidation or purchase of substantially all of the securities or assets of corporation or other entity,
(ii) the Company’s issuance of securities in connection with strategic license agreements and other partnering arrangements
so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the
issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase
plans, (iv) the conversion of any of the Notes, (v) the payment of any interest on the Notes, and (vi) as has been described in
the Reports filed with the Commission or delivered to the Holder prior to the issuance of this Note (collectively, the “Excepted
Issuances”). The delivery to the Holder of the additional shares of Common Stock shall be not later than the closing date
of the transaction giving rise to the requirement to issue additional shares of Common Stock. For purposes of the issuance and
adjustment described in this paragraph, the issuance of any security of the Company carrying the right to convert such security
into shares of Common Stock or of any warrant, right or option to purchase Common Stock shall result in the issuance of the additional
shares of Common Stock upon the issuance of such convertible security, warrant, right or option and again at any time upon any
subsequent issuances of shares of Common Stock upon exercise of such conversion or purchase rights if such issuance is at a price
lower than the Conversion Price in effect upon such issuance. The rights of the Holder set forth in this Section 2.1 (c)(D), are
in addition to any other rights the Holder has pursuant to this Note, any Transaction Document and any other agreement referred
to or entered into in connection herewith.

 

E.
Extraordinary Events Regarding Common Stock. In the event that the Company
shall (a) issue additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock, (b) subdivide
its outstanding shares of Common Stock, or (c) subject to Section 1.5 hereof, combine its outstanding shares of the Common Stock
into a smaller number of shares of the Common Stock, then, in each such event, the Conversion Price shall, simultaneously with
the happening of such event, be adjusted by multiplying the then Conversion Price by a fraction, the numerator of which shall
be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the
number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the
Conversion Price then in effect. The Conversion Price, as so adjusted, shall be readjusted in the same manner upon the happening
of any successive event or events described herein in this Section 2.1(c)(E). The number of Conversion Shares that the Holder
of this Note shall thereafter, on the conversion hereof as provided in Article II, be entitled to receive shall be adjusted to
a number determined by multiplying the number of Conversion Shares that would otherwise (but for the provisions of this Section
2.1(c)(E)) be issuable on such conversion by a fraction of which (a) the numerator is the Conversion Price that would otherwise
(but for the provisions of this Section 2.1(c)(E)) be in effect, and (b) the denominator is the Conversion Price in effect on
the date of such conversion.

 

F.
Certificate as to Adjustments. In each case of any adjustment or readjustment
in the shares of Common Stock (or Other Securities) issuable on the conversion of the Notes, the Company at its expense will promptly
cause its Chief Financial Officer or other appropriate designee to compute such adjustment or readjustment in accordance with
the terms of the Note and prepare a certificate setting forth such adjustment or readjustment and showing in detail the facts
upon which such adjustment or readjustment is based, including a statement of (a) the consideration received or receivable by
the Company for any additional shares of Common Stock (or Other Securities) issued or sold or deemed to have been issued or sold,
(b) the number of shares of Common Stock (or Other Securities) outstanding or deemed to be outstanding, and (c) the Conversion
Price and the number of Conversion Shares to be received upon conversion of this Note, in effect immediately prior to such adjustment
or readjustment and as adjusted or readjusted as provided in this Note. The Company will forthwith mail a copy of each such certificate
to the Holder of the Note and any transfer agent of the Company.

 

2.2
Method of Conversion. This Note may be converted by the Holder in whole or
in part as described in Section 2.1(a) hereof. Upon partial conversion of this Note, a new Note containing the same date and provisions
of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note
and interest which shall not have been converted or paid.

 

2.3
Issuance Below Par. The Parties hereto agree that Nevada Law allows for the
issuance of conversion shares under this section even if such conversion price is less than the shares’ stated par value,
and that such shares shall be issued in response to a Conversion Request regardless of Conversion Price.

 

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2.4
Intentionally Left Blank.

 

2.5
Conversion of Note.

 

(a)
Upon the conversion of this Note or part thereof, the Company shall, at its own cost and expense, take all necessary action, including
obtaining and delivering, an opinion of counsel to assure that the Company’s transfer agent shall issue stock certificates
in the name of Holder (or its nominee) or such other persons as designated by Holder and in such denominations to be specified
at conversion representing the number of Conversion Shares issuable upon such conversion. The Company warrants that no instructions
other than these instructions have been or will be given to the transfer agent of the Company’s Common Stock and that, unless
waived by the Holder, the Conversion Shares will be free-trading, and freely transferable, and will not contain a legend restricting
the resale or transferability of the Conversion Shares provided the Conversion Shares are being sold pursuant to an effective
registration statement covering the Conversion Shares or are otherwise exempt from registration.

 

(b)
Subscriber will give notice of its decision to exercise its right to convert this Note or part thereof by telecopying an executed
and completed Notice of Conversion (a form of which is attached as Exhibit A
to the Note) to the Company via confirmed telecopier transmission or overnight courier or otherwise pursuant to Section 4.2 of
this Note. The Subscriber will not be required to surrender this Note until this Note has been fully converted or satisfied, with
each date on which a Notice of Conversion is telecopied to the Company in accordance with the provisions hereof shall be deemed
a Conversion Date (as defined above). The Company will itself or cause the Company’s transfer agent to transmit the Company’s
Common Stock certificates representing the Conversion Shares issuable upon conversion of this Note to the Subscriber via express
courier for receipt by such Subscriber on or before the Delivery Date (as defined above). In the event the Conversion Shares are
electronically transferable, then delivery of the Conversion Shares must be made by electronic transfer provided request for such
electronic transfer has been made by the Subscriber and the Subscriber has complied with all applicable securities laws in connection
with the sale of the Common Stock, including, without limitation, the prospectus delivery requirements. A Note representing the
balance of this Note not so converted will be provided by the Company to the Subscriber if requested by Subscriber, provided the
Subscriber delivers the original Note to the Company.

 

(c)
The Company understands and agrees that a delay in the delivery of the Conversion Shares in the form required pursuant to Section
2.5(a) hereof, after the Delivery Date (as hereinafter defined) could result in economic loss to the Holder. As compensation to
the Holder for such loss, the Company agrees to pay (as liquidated damages and not as a penalty) to the Holder for late issuance
of Conversion Shares upon Conversion of the Note in the amount of $500 per business day after the Delivery Date for each $10,000
of Note principal amount being converted of the corresponding Conversion Shares which are not timely delivered. The Company shall
pay any payments incurred under this Section in immediately available funds upon demand. Furthermore, in addition to any other
remedies which may be available to theHolder, in the event that the Company fails for any reason to effect delivery of the Conversion
Shares by the Delivery Date the Holder will be entitled to revoke all or part of the relevant Notice of Conversion by delivery
of a notice to such effect to the Company whereupon the Company and the Holder shall each be restored to their respective positions
immediately prior to the delivery of such notice, except that the liquidated damages described above shall be payable through
the date notice of revocation or rescission is given to the Company.

 

(d)
Nothing contained herein or in any document referred to herein or delivered in connection herewith shall be deemed to establish
or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event
that the rate of interest or dividends required to be paid or other charges hereunder exceed the maximum permitted by such law,
any payments in excess of such maximum shall be credited against amounts owed by the Company to the Holder and thus refunded to
the Company.

 

2.6
Injunction Posting of Bond. In the event a Holder shall elect to convert a
Note or part thereof in whole or in part, the Company may not refuse conversion based on any claim that such Holder or any one
associated or affiliated with such Holder has been engaged in any violation of law, or for any other reason, unless an injunction
from a court, on notice, restraining and or enjoining conversion of all or part of such Note shall have been sought and obtained
by the Company and the Company has posted a surety bond for the benefit of such Holder in the amount of 120% of the amount of
the Note, which bond shall remain in effect until the completion of arbitration/litigation of the dispute and the proceeds of
which shall be payable to such Holder to the extent Holder obtains judgment.

 

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2.7
Optional Redemption.

 

(a)
Provided that the Company has a number of authorized but unissued shares of Common Stock sufficient for the issuance of all Conversion
Shares underlying the remaining principal amount of this Note, such Common Stock is listed or quoted (and is not suspended from
trading) on the Principal Market and such shares of Common Stock are approved for listing on such Principal Market upon issuance
if applicable, such Common Stock is registered for resale under the Registration Statement and the prospectus under such Registration
Statement is available for the sale of all Registrable Securities held by the Subscriber or there is an applicable exemption from
registration, such issuance would be permitted in full without violating Section 2.3 herein or the rules or regulations of any
trading market on which such Common Stock may be listed or quoted, and both immediately before and after giving effect thereto,
no Event of Default under this Note shall or would exist, the Borrower will have the option of prepaying the outstanding principal
amount of this Note (“Optional Redemption”), in
whole or in part, together with interest accrued thereon, by paying to the Holder a sum of money equal to one hundred twenty-five
percent (125%) of the principal amount to be redeemed, together with accrued but unpaid interest thereon and interest that will
accrue until the actual repayment date and any and all other sums due, accrued or payable to the Holder arising under the Note
or any Transaction Document (the “Redemption Amount”) on
the day written notice of redemption (the “Notice of Redemption”)
is given to the Holder. The Notice of Redemption shall specify the date for such Optional Redemption (the
“Redemption Payment Date”), which date shall be not less than five (5) business days after the date of
the Notice of Redemption (the “Redemption Period”). A Notice of
Redemption shall not be effective with respect to any portion of this Note for which the Holder has a pending election to convert,
or for Conversion Notices given by the Holder prior to the Redemption Payment Date. On the Redemption Payment Date, the Redemption
Amount shall be paid in good funds to the Holder. In the event the Borrower fails to pay the Redemption Amount on the Redemption
Payment Date as set forth herein, then (i) such Notice of Redemption will be null and void, (ii) Borrower will have no further
right to deliver another Notice of Redemption, and (iii) Borrower’s failure may be deemed by Holder to be a non-curable
Event of Default.

 

2.8
Mandatory Redemption at Subscriber’s Election. In the event the Company
is prohibited from issuing Conversion Shares, or fails to timely deliver Shares on a Delivery Date, or upon the occurrence of
any other Event of Default (as defined in this Note) or for any reason other than pursuant to the limitations set forth in Section
2.3 hereof, then at the Subscriber’s election, the Company must pay to the Subscriber ten (10) business days after request
by the Subscriber, at the Subscriber’s election, a sum of money in immediately available terms equal to the greater of (i)
the product of the outstanding principal amount of the Note designated by the Subscriber multiplied by 125%, or (ii) the product
of the number of Conversion Shares otherwise deliverable upon conversion of an amount of Note principal and/or interest designated
by the Subscriber (with the date of giving of such designation being a “Deemed
Conversion Date”) at the then Conversion Price that would be in effect on the Deemed Conversion Date multiplied
by the average of the closing bid prices for the Common Stock for the five consecutive trading days preceding either: (1) the
date the Company becomes obligated to pay the Mandatory Redemption Payment, or (2) the date on which the Mandatory Redemption
Payment is made in full, whichever is greater, together with accrued but unpaid interest thereon and any liquidated damages then
payable (“Mandatory Redemption Payment”). The Mandatory Redemption
Payment must be received by the Subscriber on the same date as the Company Shares otherwise deliverable or within ten (10) business
days after request, whichever is sooner (“Mandatory Redemption Payment Date”).
Upon receipt of the Mandatory Redemption Payment, the corresponding Note principal and interest will be deemed paid and
no longer outstanding. Liquidated damages calculated pursuant to Section 2.5(c) hereof, that have been paid or accrued for the
twenty (20) day period prior to the actual receipt of the Mandatory Redemption Payment by the Subscriber shall be credited against
the Mandatory Redemption Payment.

 

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2.9
Buy-In. In addition to any other rights available to the Subscriber, but without
any duplicative recovery by the Subscriber, if the Company fails to deliver to the Subscriber the Conversion Shares issuable upon
conversion of this Note by the Delivery Date and if after five (5) business days after the Delivery Date the Subscriber purchases
(in an open market transaction or otherwise) shares of Common Stock to deliver in satisfaction of a sale by such Subscriber of
the Common Stock which the Subscriber was entitled to receive upon such conversion (a
“Buy-In”), then the Company shall pay in cash to the Subscriber (in addition to any remedies available
to or elected by the Subscriber) the amount by which (A) the Subscriber’s total purchase price (including brokerage commissions,
if any) for the shares of Common Stock so purchased exceeds (B) the aggregate principal and/or interest amount of the Note for
which such conversion was not timely honored, together with interest thereon at a rate of 15% per annum, accruing until such amount
and any accrued interest thereon is paid in full (which amount shall be paid as liquidated damages and not as a penalty). For
example, if the Subscriber purchases shares of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect
to an attempted conversion of $10,000 of note principal and/or interest, the Company shall be required to pay the Subscriber $1,000,
plus interest. The Subscriber shall provide the Company written notice indicating the amounts payable to the Subscriber in respect
of the Buy-In.

 

2.10
Reservation. During the period the conversion right exists, Borrower will
reserve from its authorized and unissued Common Stock a number of shares of Common Stock equal to 150% of the amount of Common
Stock issuable upon the full conversion of this Note. Borrower represents that upon issuance, such shares will be duly and validly
issued, fully paid and non-assessable. Borrower agrees that its issuance of this Note shall constitute full authority to its officers,
agents, and transfer agents who are charged with the duty of executing and issuing stock certificates to execute and issue the
necessary certificates for shares of Common Stock upon the conversion of this Note.

 

2.11
Maximum Conversion

 

(a)
Notwithstanding anything to the contrary contained herein, if the Company is reporting issuer filing period reports with the SEC,
the number of Conversion Shares that may be acquired by the Holder upon conversion of this Note (or otherwise in respect hereof)
shall be limited to the extent necessary to ensure that, following such conversion (or other issuance), the total number of shares
of Common Stock then beneficially owned by such Holder and its affiliates and any other persons whose beneficial ownership of
Common Stock would be aggregated with the Holder’s for purposes of Section 13(d) of the 1934 Act, does not exceed 4.999%
of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable
upon such conversion). For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the 1934
Act and the rules and regulations promulgated thereunder. By written notice to the Company, a Subscriber may waive the provisions
of this Section 2.3(a) as to itself but any such waiver will not be effective until the 61st day after delivery thereof and such
waiver shall have no effect on any other Subscriber.

 

(b)
Notwithstanding anything to the contrary contained herein, the number of Conversion Shares that may be acquired by the Holder
upon conversion of this Note (or otherwise in respect hereof) shall be limited to the extent necessary to ensure that, following
such conversion (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its
affiliates and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder’s for purposes
of Section 13(d) of the 1934 Act, does not exceed 9.999% of the total number of issued and outstanding shares of Common Stock
(including for such purpose the shares of Common Stock issuable upon such conversion). For such purposes, beneficial ownership
shall be determined in accordance with Section 13(d) of the 1934 Act and the rules and regulations promulgated thereunder. This
provision may not be waived.

 

(c)
Nowithstanding sections (a) and (b) above, if the Company is a non-reporting issuer, the number of Conversion Shares that may
be acquired by the Holder upon conversion of this Note (or otherwise in respect hereof) shall be limited to the extent necessary
to ensure that, following such conversion (or other issuance), the total number of shares of Common Stock then beneficially owned
by such Holder and its affiliates and any other persons whose beneficial ownership of Common Stock would be aggregated with the
Holder’s for purposes of Section 13(d) of the 1934 Act, does not exceed 9.999% of the total number of issued and outstanding
shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such conversion). For such purposes,
beneficial ownership shall be determined in accordance with Section 13(d) of the 1934 Act and the rules and regulations promulgated
thereunder. This provision may not be waived.

 

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2.12
Short sales. The Holder shall not sell short the common shares of the Company
without first having sent a conversion request to the Company or having such shares available to cover such short sale prior to
entering into such short sale.

 

ARTICLE
III

EVENTS OF DEFAULT

 

An
“Event of Default,” wherever used herein, means any one of the
following events (whatever the reason and whether it shall be voluntary or involuntary or effected by operation of law or pursuant
to any judgment, decree or order of any court, or any order, rule or regulation of any administrative or governmental body):

 

3.1
Failure to Pay Principal or Interest. The Borrower fails to pay any installment
of Principal, Interest or other sum due under this Note when due.

 

3.2
Breach of Covenant. The Borrower breaches any other covenant or other term
or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of ten (10) business
days after written notice to the Borrower from the Holder.

 

3.3
Breach of Representations and Warranties. Any representation or warranty of
the Borrower made herein, or in any agreement, statement or certificate given in writing pursuant hereto or in connection therewith
shall be false or misleading in any material respect as of the date made and the Closing Date.

 

3.4
Receiver or Trustee. The Borrower shall make an assignment for the benefit
of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property
or business; or such a receiver or trustee shall otherwise be appointed.

 

3.5
Judgments. Any money judgment, writ or similar final process shall be entered
or filed against Borrower or any of its property or other assets for more than $1,000,000, and shall remain unvacated, unbonded
or unstayed for a period of thirty (30) days.

 

3.6
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings
or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for
the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within
thirty (30) days of initiation.

 

3.7
Non-Payment. A default by the Borrower under any one or more obligations in
an aggregate monetary amount in excess of $200,000 for more than forty-five (45) days after the due date.

 

3.8
Stop Trade. An SEC or judicial stop trade order or Principal Market trading
suspension that lasts for five or more consecutive trading days.

 

3.9
Failure to Deliver Common Stock or Replacement Note. Borrower’s failure
to timely deliver Common Stock to the Holder pursuant to and in the time required by this Note.

 

3.10
Failure to Maintain Current Public Information. The Company’s failure
to maintain current public information as defined in Rule 144 of the Securities Act of 1933,

 

3.11
Reverse Splits. The Borrower effectuates a reverse split of its Common Stock
without the prior written consent of the Holder.

 

3.12
Reservation Default. Failure by the Borrower to have reserve for issuance
upon conversion of the Note the amount of Common stock as set forth herein.

 

    	8

    	 

    

 

3.13
Cross Default. A default by the Borrower of a material term, covenant, warranty
or undertaking of any other agreement to which the Borrower and Holder are parties.

 

3.14
Change in Control. A change in control of the Company without at least fourteen
(14) days prior written notice to Holder. A change in control shall mean that more than 30% of the shares of common stock are
consolidated in one person or entity so that the person or entity (other than any one or more of the Holders) may control the
election of the board of directors or the passage of a proposal that would normally require a shareholder vote without such shareholder
vote and that such person or entity was not a holder of shares of the Company at the date of execution hereof.

 

3.15
Asset Sales. Any instance, undertaken without written consent of the Holder,
whereby the Company or any of its subsidiaries, sells, transfers, leases or otherwise disposes (including pursuant to a merger)
of substantially all of the Company’s assets, including any asset constituting an equity interest in any other person, except
sales, transfers, leases and other dispositions of inventory, used, obsolete or surplus equipment or other property, in each case
in the ordinary course of the Company’s business and consistent with past practice.

 

3.16
Delisting. Delisting of the Common Stock from the Principal Market, including
the Pink Sheets or the Over-the-Counter Bulletin Board, on which the Common Stock is then listed or quoted for trading.

 

During
the time that any portion of this Note is outstanding, if any Event of Default has occurred, the remaining principal amount of
this Note, together with interest and other amounts owing in respect hereof, to the date of acceleration shall become, at the
Holder’s election, immediately due and payable in cash, provided however, the Holder may request (but shall have no obligation
to request) payment of such amounts in Common Stock of the Borrower. In addition to any other remedies, the Holder shall have
the right (but not the obligation) to convert this Note at any time after (x) an Event of Default or (y) the Maturity Date at
the Conversion Price then in- effect. The Holder need not provide and the Borrower
hereby waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration
of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable
law. Such declaration may be rescinded and annulled by Holder at any time prior to payment hereunder. No such rescission or annulment
shall affect any subsequent Event of Default or impair any right consequent thereon. Upon an Event of Default, notwithstanding
any other provision of this Note or any Transaction Document, the Holder shall have no obligation to comply with or adhere to
any limitations, if any, on the conversion of this Note or the sale of the Conversion Shares, Shares or Other Securities.

 

ARTICLE
IV

MISCELLANEOUS

 

4.1
Failure or Indulgence Not Waiver. No failure or delay on the part of Holder
hereof in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.
All rights and remedies existing hereunder are cumulative to, and not exclusive of, any rights or remedies otherwise available.

 

4.2
Notices. All notices, demands, requests, consents, approvals, and other communications
required or permitted hereunder shall be in writing and, unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested, postage prepaid, (iii) delivered by reputable air courier
service with charges prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed as set forth below or to
such other address as such party shall have specified most recently by written notice. Any notice or other communication required
or permitted to be given hereunder shall be deemed effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation
generated by the transmitting facsimile machine, at the address or number designated below (if delivered on a business day during
normal business hours where such notice is to be received), or the first business day following such delivery (if delivered other
than on a business day during normal business hours where such notice is to be received) or (b) on the second business day following
the date of mailing by express courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing,
whichever shall first occur. The addresses for such communications shall be: (i) if to the Borrower to: 2001 Meridian Avenue,
Suite 508, Miami Beach, Florida 33139, telecopier number:                   ,
and (ii) if to the Holder, to Blulife, Inc. 6280 NW 42nd Way Boca Raton, Fl., 33496.

 

    	9

    	 

    

 

4.3
Amendment Provision. The term “Note” and all reference thereto,
as used throughout this instrument, shall mean this instrument as originally executed, or if later amended or supplemented, then
as so amended or supplemented.

 

4.4
Assignability. This Note shall be binding upon the Borrower and its successors
and assigns, and shall inure to the benefit of the Holder and its successors and assigns.

 

4.5
Cost of Collection. If default is made in the payment of this Note, Borrower
shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys’ fees.

 

4.6
Governing Law. This Note shall be governed by and construed in accordance
with the laws of the State of Delaware. Any action brought by either party against the other concerning the transactions contemplated
by this Agreement shall be brought only in the state courts of Florida or in the federal courts located in the state of Florida
located in Palm Beach County, Florida. Both parties and the individual signing this Agreement on behalf of the Borrower agree
to submit to the jurisdiction of such courts. The prevailing party shall be entitled to recover from the other party its reasonable
attorney’s fees and costs.

 

4.7
Maximum Payments. Nothing contained herein shall be deemed to establish or
require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event
that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments
in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

 

4.8
Waiver of Jury Trial. THE PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVE THE RIGHT ANY OF THEM MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR
IN CONNECTION WITH THIS AGREEMENT OR ANY TRANSACTION DOCUMENT OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER
VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE PARTIES’ ACCEPTANCE OF THIS
AGREEMENT.

 

4.9
Redemption. This Note may not be redeemed or paid without the consent of the
Holder except as described in this Note.

 

4.10
Shareholder Status. The Holder shall not have rights as a shareholder of the
Borrower with respect to unconverted portions of this Note. However, the Holder will have all the rights of a shareholder of the
Borrower with respect to the shares of Common Stock to be received by Holder after delivery by the Holder of a Conversion Notice
to the Borrower.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK

SIGNATURE
PAGE FOLLOWS]

 

    	10

    	 

    

 

IN
WITNESS WHEREOF, Borrower has caused this Note to be
signed in its name by an authorized officer as of the             th day
of                  ,
2013.

 

	 	MINDPIX
    CORPORATION
	 	 
	 	By:	 
	 	Name:	Victor
    Siegel
	 	Title:	CEO

 

	Acknowledged
    by:	 
	 	 
	BLUELIFE,
    INC.	 
	 	 
	By:	 	 
	Vivian Blumenthal, President	 

 

    	11

    	 

    

 

Exhibit
A

 

NOTICE
OF CONVERSION 

(To
be executed by the Holder in order to Convert the Note originally issued April 26, 2013)

 

TO:

 

The
undersigned hereby irrevocably elects to convert
$                  of the principal
amount of the above Note into Shares of Common Stock of MINDPIX CORPORATION (MPIX), according to the conditions stated
therein, as of the Conversion Date written below.

 

	Conversion
    Date:	 
	 	 
	Applicable Conversion
    Price:	 
	 	 
	Signature:	 
	 	 
	Name:	 
	 	 
	Address:	 
	 	 
	Amount
    to be converted:	$
	 	 
	Amount
    of Note unconverted:	$
	 	 
	Conversion
    Price per share:	$
	 	 
	Number of shares
    to be issued:	 
	 	 
	Amount
    of Interest Converted:	$
	 	 
	Conversion
    Price per share:	$
	 	 
	Number of shares
    of to be issued:	 
	 	 
	Please issue the
    shares of to:	 
	 	 
	Broker DTC Participant
    Code:	 
	 	 
	Account Number:	 

 

    	12NEITHER
THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE 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.

 

	May
    1, 2013	$25,000

 

MINDP1X
CORPORATION

(OTC:
MPIX)

 

10%
Convertible Debenture

 

Due May 1, 2014

 

FOR
VALUE RECEIVED, MINDPIX CORPORATION, a Nevada corporation (hereinafter called the “Borrower” or the “Company”),
hereby promises to pay to Blulife, Inc, a Florida corporation (the “Holder”), or order, without
demand, the sum of TWENTY FIVE THOUSAND Dollars ($25,000), with simple interest accruing at the rate described below, on
May 1, 2014 (the “Maturity Date”).

 

NOW
THEREFORE, the following terms shall apply to this Note:

 

ARTICLE
1

GENERAL
PROVISIONS

 

1.1
Payments. The entire unpaid principal amount due under this Note (the “Principal”) shall be due and
payable on the Maturity Date. Interest on this Note (the “Interest”) will be payable on the Maturity Date.
Interest shall be payable in cash or, at the Holder’s option, in shares of the Company’s common stock, $.0001 par
value per share (the “Common Stock”).

 

Upon
any conversion in part by the Holder in accordance with Article II, the Holder and the Borrower shall in good faith recalculate
the outstanding principal balance. Upon any full conversion by the Holder in accordance with Article II of all of the Interest
and the Principal due hereunder, all of the Borrower’s payment obligations shall terminate. All payments in respect of the
indebtedness evidenced hereby shall be applied in the following order: to accrued Interest, Principal, and charges and expenses
owing under or in connection with this Note.

 

If
any payment of interest is paid in Common Stock, the number of shares issuable will be determined utilizing the conversion ratio
as set forth in Article II. Notwithstanding the foregoing, the Company’s right to pay this Note, including any Interest
due thereunder, in shares of Common Stock upon the Maturity Date is subject to the condition that: (i) the Common Stock is trading
on the OTC Markets (Pink Sheets), OTC Bulletin Board, American Stock Exchange or Nasdaq; and (ii) there is an effective Registration
Statement on the Maturity Date or the shares are otherwise eligible for resale pursuant to Rule 144 and payment thereof in full
will not exceed the Maximum Conversion as defined below.

 

    	 

    	 

    

  

1.2
Interest. Interest shall accrue on the outstanding principal balance hereof at an annual rate equal to ten percent (10%)
from the date Principal was advanced in connection with this Note and shall be payable annually unless otherwise converted earlier
at the election of the Holder as further described below. Interest shall be calculated on the basis of a 360-day year and the
actual number of days elapsed, to the extent permitted by applicable law. Interest hereunder will be paid to the Holder or its
assignee in whose name this Note is registered on the records of the Borrower regarding registration and transfers of Notes (the
“Note Register”). However, should the Company fail to maintain current public information as defined
in Rule 144 of the Securities Act of 1933, the interest rate shall increase to 18% per annum for that period when the Company’s
filings are not up-to-date.

 

1.3 Payment
Grace Period. From and after the 10th day after an Event of Default under Section 3.1, the Interest Rate applicable
to any unpaid amounts owed hereunder shall be increased to eighteen percent (18%) per annum.

 

1.4
Conversion Privileges. The conversion privileges set forth in Article II shall remain in full force and effect immediately
from the date hereof and until the Note is paid in full regardless of the occurrence of an Event of Default. This Note shall be
payable in full on the Maturity Date, unless previously converted into Common Stock in accordance with Article II hereof; provided,
that if an Event of Default has occurred, the Holder may elect to extend the Maturity Date by the amount of days of the pendency
of the Event of Default.

 

1.5
Corporate Existence. So long as this Note remains outstanding, the Company shall not directly or indirectly consummate
any merger, reorganization, restructuring, reverse stock split, consolidation, sale of all or substantially all of the Company’s
assets or any similar transaction or related transactions (each such transaction, a “Fundamental Change”) where
the Company is not the surviving entity unless, prior to the consummation a Fundamental Change, the Company shall have given the
Holder not less than fourteen (14) days prior written notice to the Holder. In any such case, the Company grant the Holder the
right to put this Note to the Company up to the time of the effectiveness of the Fundamental Change at 125% of the then outstanding
Principal plus any unpaid and accrued Interest.

 

This
Note is subject to the following additional provisions:

 

ARTICLE
II

CONVERSION
RIGHTS AND REDEMPTION RIGHTS

 

The
Holder shall have the right to convert the principal and accrued and unpaid interest due under this Note into Shares of the Borrower’s
Common Stock as set forth below.

 

2.1
Conversion into the Borrower’s Common Stock.

 

(a)
The Holder shall have the right from and after the date of the issuance of this Note and then at any time until this Note is fully
paid, to convert any outstanding and unpaid principal portion of this Note, and accrued Interest, at the election of the Holder
(the date of giving of such notice of conversion being a “Conversion Date”) into fully paid and non-assessable
shares of Common Stock as such stock exists on the date of issuance of this Note (such shares, the “Conversion Shares”),
or any shares of capital stock of Borrower into which such Common Stock shall hereafter be changed or reclassified (the “Other
Securities”), at the conversion price as defined in Section 2.1(b) hereof (the “Conversion Price”),
determined as provided herein. Upon delivery to the Borrower of a completed Notice of Conversion, a form of which is attached
hereto as Exhibit A, Borrower shall issue and deliver to the Holder within three (3) business days from the Conversion
Date (such third day being the “Delivery Date”) that number of Conversion Shares for the portion of the Note
converted in accordance with the foregoing. At the election of the Holder, the Borrower will deliver accrued but unpaid interest
on the principal amount of the Note being converted in the manner provided in Section 1.1 through the Conversion Date directly
to the Holder on or before the Delivery Date. The number of Conversion Shares to be issued upon each conversion of this Note shall
be determined by dividing that portion of the principal of this Note and accrued interest to be converted, by the Conversion Price.

 

    	2

    	 

    

  

(b) Subject
to adjustment as provided in Section 2.1(c) hereof, the Conversion Price per share shall be 30% of the average of the five lowest
intraday prices for the Company’s stock during the previous 20 trading days.

 

(c) The
Conversion Price and number and kind of shares or other securities to be issued upon conversion determined pursuant to Section
2.1(a), shall be subject to adjustment from time to time upon the happening of the following certain events while this conversion
right remains outstanding:

 

A. Reorganization,
Consolidation, Merger, etc.; Reclassification. In case at any time or from time to time, the Company shall, subject to Section
1.5 hereof, effect a Fundamental Change, then, in each such case, as a condition to the consummation of such a transaction, proper
and adequate provision shall be made by the Company whereby the Holder of this Note, on the conversion hereof as provided in Article
II, at any time after the consummation of such Fundamental Change, shall receive, in lieu of the Conversion Shares (or Other Securities)
issuable on such conversion prior to such consummation or such effective date, the stock and other securities and property (including
cash) to which such Holder would have been entitled upon such consummation of a Fundamental Change if such Holder had so converted
this Note, immediately prior thereto, all subject to further adjustment thereafter as provided in Section 2.1(c)(E).

 

If
the Borrower at any time shall, by reclassification or otherwise, change the Common Stock into the same or a different number
of securities of any class or classes that may be issued or outstanding, this Note, as to the unpaid principal portion thereof
and accrued interest thereon, shall thereafter be deemed to evidence the right to purchase an adjusted number of such securities
and kind of securities as would have been issuable as the result of such change with respect to the Common Stock immediately prior
to such reclassification or other change.

 

B.
Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties
or assets, the Company, prior to such dissolution, shall at its expense deliver or cause to be delivered the stock and other securities
and property (including cash, where applicable) receivable by the Holder of this Note after the effective date of such dissolution
pursuant to this Article II to a bank or trust company (a “Trustee”) having its principal office in New York,
NY, as trustee for the Holder of the Notes.

 

C. Continuation
of Terms. Upon any Fundamental Change or transfer (and any dissolution following any transfer) referred to in this Article
II, this Note shall continue in full force and effect and the terms hereof shall be applicable to the Other Securities and property
receivable on the conversion of this Note after the consummation of such Fundamental Change or transfer or the effective date
of dissolution following any such transfer, as the case may be, and shall be binding upon the issuer of any other securities,
including, in the case of any such transfer, the person acquiring all or substantially all of the properties or assets of the
Company, whether or not such person shall have expressly assumed the terms of this Note as provided in Section 2.1(c)(E). In the
event this Note does not continue in full force and effect after the consummation of the transaction described in this Article
II, then only in such event will the Company’s securities and property (including cash, where applicable) receivable by
the Holder of this Note be delivered to the Trustee as contemplated by Section 2.1(c)(B).

 

    	3

    	 

    

  

D. Share
Issuance. If at any time this Note is outstanding the Company shall offer, issue or agree to issue any common stock or securities
convertible into or exercisable for shares of common stock (or modify any of the foregoing which may be outstanding) to any person
or entity at a price per share or conversion or exercise price per share which shall be less than the then applicable Conversion
Price in respect of the Shares, without the consent of the Holders of this Note, except with respect to Excepted Issuances, then
the Company shall issue, for each such occasion, additional shares of Common Stock to each Holder so that the average per share
purchase price of the shares of Common Stock issued to the Holder (of only the Conversion Shares still owned by the Holder) is
equal to such other lower price per share and the Conversion Price shall automatically be reduced to such other lower price per
share. For the purposes hereof, “Excepted Issuances” means any offer, issuance or agreement to issue any common stock
or securities convertible into or exercisable for shares of common stock (or modify any of the foregoing which may be outstanding)
in connection with (i) full or partial consideration in connection with a strategic merger, consolidation or purchase of substantially
all of the securities or assets of corporation or other entity, (ii) the Company’s issuance of securities in connection
with strategic license agreements and other partnering arrangements so long as such issuances are not for the purpose of raising
capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant
to the Company’s stock option plans and employee stock purchase plans, (iv) the conversion of any of the Notes, (v) the
payment of any interest on the Notes, and (vi) as has been described in the Reports filed with the Commission or delivered to
the Holder prior to the issuance of this Note (collectively, the “Excepted Issuances”). The delivery to the Holder
of the additional shares of Common Stock shall be not later than the closing date of the transaction giving rise to the requirement
to issue additional shares of Common Stock. For purposes of the issuance and adjustment described in this paragraph, the issuance
of any security of the Company carrying the right to convert such security into shares of Common Stock or of any warrant, right
or option to purchase Common Stock shall result in the issuance of the additional shares of Common Stock upon the issuance of
such convertible security, warrant, right or option and again at any time upon any subsequent issuances of shares of Common Stock
upon exercise of such conversion or purchase rights if such issuance is at a price lower than the Conversion Price in effect upon
such issuance. The rights of the Holder set forth in this Section 2.1 (c)(D), are in addition to any other rights the Holder has
pursuant to this Note, any Transaction Document and any other agreement referred to or entered into in connection herewith.

 

E. Extraordinary
Events Regarding Common Stock. In the event that the Company shall (a) issue additional shares of the Common Stock as a dividend
or other distribution on outstanding Common Stock, (b) subdivide its outstanding shares of Common Stock, or (c) subject to Section
1.5 hereof, combine its outstanding shares of the Common Stock into a smaller number of shares of the Common Stock, then, in each
such event, the Conversion Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Conversion
Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such
event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and
the product so obtained shall thereafter be the Conversion Price then in effect. The Conversion Price, as so adjusted, shall be
readjusted in the same manner upon the happening of any successive event or events described herein in this Section 2.1(c)(E).
The number of Conversion Shares that the Holder of this Note shall thereafter, on the conversion hereof as provided in Article
II, be entitled to receive shall be adjusted to a number determined by multiplying the number of Conversion Shares that would
otherwise (but for the provisions of this Section 2.1(c)(E)) be issuable on such conversion by a fraction of which (a) the numerator
is the Conversion Price that would otherwise (but for the provisions of this Section 2.1(c)(E)) be in effect, and (b) the denominator
is the Conversion Price in effect on the date of such conversion.

 

F. Certificate
as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable
on the conversion of the Notes, the Company at its expense will promptly cause its Chief Financial Officer or other appropriate
designee to compute such adjustment or readjustment in accordance with the terms of the Note and prepare a certificate setting
forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based, including
a statement of (a) the consideration received or receivable by the Company for any additional shares of Common Stock (or Other
Securities) issued or sold or deemed to have been issued or sold, (b) the number of shares of Common Stock (or Other Securities)
outstanding or deemed to be outstanding, and (c) the Conversion Price and the number of Conversion Shares to be received upon
conversion of this Note, in effect immediately prior to such adjustment or readjustment and as adjusted or readjusted as provided
in this Note. The Company will forthwith mail a copy of each such certificate to the Holder of the Note and any transfer agent
of the Company.

 

2.2 Method
of Conversion. This Note may be converted by the Holder in whole or in part as described in Section 2.1(a) hereof. Upon partial
conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder,
be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted
or paid.

 

    	4

    	 

    

  

2.3 Issuance
Below Par. The Parties hereto agree that Nevada Law allows for the issuance of conversion shares under this section even if
such conversion price is less than the shares’ stated par value, and that such shares shall be issued in response to a Conversion
Request regardless of Conversion Price.

 

2.4
Intentionally Left Blank.

 

2.5 Conversion
of Note.

 

(a) Upon
the conversion of this Note or part thereof, the Company shall, at its own cost and expense, take all necessary action, including
obtaining and delivering, an opinion of counsel to assure that the Company’s transfer agent shall issue stock certificates
in the name of Holder (or its nominee) or such other persons as designated by Holder and in such denominations to be specified
at conversion representing the number of Conversion Shares issuable upon such conversion. The Company warrants that no instructions
other than these instructions have been or will be given to the transfer agent of the Company’s Common Stock and that, unless
waived by the Holder, the Conversion Shares will be free-trading, and freely transferable, and will not contain a legend restricting
the resale or transferability of the Conversion Shares provided the Conversion Shares are being sold pursuant to an effective
registration statement covering the Conversion Shares or are otherwise exempt from registration.

 

(b)
Subscriber will give notice of its decision to exercise its right to convert this Note or part thereof by telecopying an executed
and completed Notice of Conversion (a form of which is attached as Exhibit A to the Note) to the Company via confirmed
telecopier transmission or overnight courier or otherwise pursuant to Section 4.2 of this Note. The Subscriber will not be required
to surrender this Note until this Note has been fully converted or satisfied, with each date on which a Notice of Conversion is
telecopied to the Company in accordance with the provisions hereof shall be deemed a Conversion Date (as defined above). The Company
will itself or cause the Company’s transfer agent to transmit the Company’s Common Stock certificates representing
the Conversion Shares issuable upon conversion of this Note to the Subscriber via express courier for receipt by such Subscriber
on or before the Delivery Date (as defined above). In the event the Conversion Shares are electronically transferable, then delivery
of the Conversion Shares must be made by electronic transfer provided request for such electronic transfer has been made by the
Subscriber and the Subscriber has complied with all applicable securities laws in connection with the sale of the Common Stock,
including, without limitation, the prospectus delivery requirements. A Note representing the balance of this Note not so converted
will be provided by the Company to the Subscriber if requested by Subscriber, provided the Subscriber delivers the original Note
to the Company.

 

(c) The
Company understands and agrees that a delay in the delivery of the Conversion Shares in the form required pursuant to Section
2.5(a) hereof, after the Delivery Date (as hereinafter defined) could result in economic loss to the Holder. As compensation to
the Holder for such loss, the Company agrees to pay (as liquidated damages and not as a penalty) to the Holder for late issuance
of Conversion Shares upon Conversion of the Note in the amount of S500 per business day after the Delivery Date for each $10,000
of Note principal amount being converted of the corresponding Conversion Shares which are not timely delivered. The Company shall
pay any payments incurred under this Section in immediately available funds upon demand. Furthermore, in addition to any other
remedies which may be available to the Holder, in the event that the Company fails for any reason to effect delivery of the Conversion
Shares by the Delivery Date the Holder will be entitled to revoke all or part of the relevant Notice of Conversion by delivery
of a notice to such effect to the Company whereupon the Company and the Holder shall each be restored to their respective positions
immediately prior to the delivery of such notice, except that the liquidated damages described above shall be payable through
the date notice of revocation or rescission is given to the Company.

 

(d) Nothing
contained herein or in any document referred to herein or delivered in connection herewith shall be deemed to establish or require
the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the
rate of interest or dividends required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments
in excess of such maximum shall be credited against amounts owed by the Company to the Holder and thus refunded to the Company.

 

    	5

    	 

    

  

2.6 Injunction
Posting of Bond. In the event a Holder shall elect to convert a Note or part thereof in whole or in part, the Company may
not refuse conversion based on any claim that such Holder or any one associated or affiliated with such Holder has been engaged
in any violation of law, or for any other reason, unless an injunction from a court, on notice, restraining and or enjoining conversion
of all or part of such Note shall have been sought and obtained by the Company and the Company has posted a surety bond for the
benefit of such Holder in the amount of 120% of the amount of the Note, which bond shall remain in effect until the completion
of arbitration/litigation of the dispute and the proceeds of which shall be payable to such Holder to the extent Holder obtains
judgment.

 

2.7 Optional
Redemption.

 

(a)
Provided that the Company has a number of authorized but unissued shares of Common Stock sufficient for the issuance of all Conversion
Shares underlying the remaining principal amount of this Note, such Common Stock is listed or quoted (and is not suspended from
trading) on the Principal Market and such shares of Common Stock are approved for listing on such Principal Market upon issuance
if applicable, such Common Stock is registered for resale under the Registration Statement and the prospectus under such Registration
Statement is available for the sale of all Registrable Securities held by the Subscriber or there is an applicable exemption from
registration, such issuance would be permitted in full without violating Section 2.3 herein or the rules or regulations of any
trading market on which such Common Stock may be listed or quoted, and both immediately before and after giving effect thereto,
no Event of Default under this Note shall or would exist, the Borrower will have the option of prepaying the outstanding principal
amount of this Note (“Optional Redemption”), in whole or in part, together with interest accrued
thereon, by paying to the Holder a sum of money equal to one hundred twenty-five percent (125%) of the principal amount to be
redeemed, together with accrued but unpaid interest thereon and interest that will accrue until the actual repayment date and
any and all other sums due, accrued or payable to the Holder arising under the Note or any Transaction Document (the “Redemption
Amount”) on the day written notice of redemption (the “Notice of Redemption”) is given to
the Holder. The Notice of Redemption shall specify the date for such Optional Redemption (the “Redemption Payment Date”),
which date shall be not less than five (5) business days after the date of the Notice of Redemption (the “Redemption
Period”). A Notice of Redemption shall not be effective with respect to any portion of this Note for which the
Holder has a pending election to convert, or for Conversion Notices given by the Holder prior to the Redemption Payment Date.
On the Redemption Payment Date, the Redemption Amount shall be paid in good funds to the Holder. In the event the Borrower fails
to pay the Redemption Amount on the Redemption Payment Date as set forth herein, then (i) such Notice of Redemption will be null
and void, (ii) Borrower will have no further right to deliver another Notice of Redemption, and (iii) Borrower’s failure
may be deemed by Holder to be a non-curable Event of Default.

 

2.8
Mandatory Redemption at Subscriber’s Election. In the event the Company is prohibited from issuing Conversion Shares,
or fails to timely deliver Shares on a Delivery Date, or upon the occurrence of any other Event of Default (as defined in this
Note) or for any reason other than pursuant to the limitations set forth in Section 2.3 hereof, then at the Subscriber’s
election, the Company must pay to the Subscriber ten (10) business days after request by the Subscriber, at the Subscriber’s
election, a sum of money in immediately available terms equal to the greater of (i) the product of the outstanding principal amount
of the Note designated by the Subscriber multiplied by 125%, or (ii) the product of the number of Conversion Shares otherwise
deliverable upon conversion of an amount of Note principal and/or interest designated by the Subscriber (with the date of giving
of such designation being a “Deemed Conversion Date”) at the then Conversion Price that would be in effect
on the Deemed Conversion Date multiplied by the average of the closing bid prices for the Common Stock for the five consecutive
trading days preceding either: (1) the date the Company becomes obligated to pay the Mandatory Redemption Payment, or (2) the
date on which the Mandatory Redemption Payment is made in full, whichever is greater, together with accrued but unpaid interest
thereon and any liquidated damages then payable (“Mandatory Redemption Payment”). The Mandatory Redemption
Payment must be received by the Subscriber on the same date as the Company Shares otherwise deliverable or within ten (10) business
days after request, whichever is sooner (“Mandatory Redemption Payment Date”). Upon receipt of the Mandatory
Redemption Payment, the corresponding Note principal and interest will be deemed paid and no longer outstanding. Liquidated damages
calculated pursuant to Section 2.5(c) hereof, that have been paid or accrued for the twenty (20) day period prior to the actual
receipt of the Mandatory Redemption Payment by the Subscriber shall be credited against the Mandatory Redemption Payment.

 

    	6

    	 

    

  

2.9
Buy-In. In addition to any other rights available to the Subscriber, but without any duplicative recovery by the Subscriber,
if the Company fails to deliver to the Subscriber the Conversion Shares issuable upon conversion of this Note by the Delivery
Date and if after five (5) business days after the Delivery Date the Subscriber purchases (in an open market transaction or otherwise)
shares of Common Stock to deliver in satisfaction of a sale by such Subscriber of the Common Stock which the Subscriber was entitled
to receive upon such conversion (a “Buy-In”), then the Company shall pay in cash to the Subscriber (in addition
to any remedies available to or elected by the Subscriber) the amount by which (A) the Subscriber’s total purchase price
(including brokerage commissions, if any) for the shares of Common Stock so purchased exceeds (B) the aggregate principal and/or
interest amount of the Note for which such conversion was not timely honored, together with interest thereon at a rate of 15%
per annum, accruing until such amount and any accrued interest thereon is paid in full (which amount shall be paid as liquidated
damages and not as a penalty). For example, if the Subscriber purchases shares of Common Stock having a total purchase price of
$11,000 to cover a Buy-In with respect to an attempted conversion of $10,000 of note principal and/or interest, the Company shall
be required to pay the Subscriber $1,000, plus interest. The Subscriber shall provide the Company written notice indicating the
amounts payable to the Subscriber in respect of the Buy-In.

 

2.10 Reservation.
During the period the conversion right exists, Borrower will reserve from its authorized and unissued Common Stock a number
of shares of Common Stock equal to 150% of the amount of Common Stock issuable upon the full conversion of this Note. Borrower
represents that upon issuance, such shares will be duly and validly issued, fully paid and non-assessable. Borrower agrees that
its issuance of this Note shall constitute full authority to its officers, agents, and transfer agents who are charged with the
duty of executing and issuing stock certificates to execute and issue the necessary certificates for shares of Common Stock upon
the conversion of this Note.

 

2.11 Maximum
Conversion

 

(a) Notwithstanding
anything to the contrary contained herein, if the Company is reporting issuer filing period reports with the SEC, the number of
Conversion Shares that may be acquired by the Holder upon conversion of this Note (or otherwise in respect hereof) shall be limited
to the extent necessary to ensure that, following such conversion (or other issuance), the total number of shares of Common Stock
then beneficially owned by such Holder and its affiliates and any other persons whose beneficial ownership of Common Stock would
be aggregated with the Holder’s for purposes of Section 13(d) of the 1934 Act, does not exceed 4.999% of the total number
of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such conversion).
For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the 1934 Act and the rules and
regulations promulgated thereunder. By written notice to the Company, a Subscriber may waive the provisions of this Section 2.3(a)
as to itself but any such waiver will not be effective until the 61st day after delivery thereof and such waiver shall
have no effect on any other Subscriber.

 

(b) Notwithstanding
anything to the contrary contained herein, the number of Conversion Shares that may be acquired by the Holder upon conversion
of this Note (or otherwise in respect hereof) shall be limited to the extent necessary to ensure that, following such conversion
(or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its affiliates and
any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder’s for purposes of Section
13(d) of the 1934 Act, does not exceed 9.999% of the total number of issued and outstanding shares of Common Stock (including
for such purpose the shares of Common Stock issuable upon such conversion). For such purposes, beneficial ownership shall be determined
in accordance with Section 13(d) of the 1934 Act and the rules and regulations promulgated thereunder. This provision may not
be waived.

 

(c) Nowithstanding
sections (a) and (b) above, if the Company is a non-reporting issuer, the number of Conversion Shares that may be acquired by
the Holder upon conversion of this Note (or otherwise in respect hereof) shall be limited to the extent necessary to ensure that,
following such conversion (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder
and its affiliates and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder’s
for purposes of Section 13(d) of the 1934 Act, does not exceed 9.999% of the total number of issued and outstanding shares of
Common Stock (including for such purpose the shares of Common Stock issuable upon such conversion). For such purposes, beneficial
ownership shall be determined in accordance with Section 13(d) of the 1934 Act and the rules and regulations promulgated thereunder.
This provision may not be waived.

 

    	7

    	 

    

  

2.12
Short sales. The Holder shall not sell short the common shares of the Company without first having sent a conversion request
to the Company or having such shares available to cover such short sale prior to entering into such short sale.

 

ARTICLE
III

EVENTS
OF DEFAULT

 

An
“Event of Default,” wherever used herein, means any one of the following events (whatever the reason
and whether it shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order
of any court, or any order, rule or regulation of any administrative or governmental body):

 

3.1 Failure
to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest or other sum due under this
Note when due.

 

3.2 Breach
of Covenant. The Borrower breaches any other covenant or other term or condition of this Note in any material respect and
such breach, if subject to cure, continues for a period of ten (10) business days after written notice to the Borrower from the
Holder.

 

3.3 Breach
of Representations and Warranties. Any representation or warranty of the Borrower made herein, or in any agreement, statement
or certificate given in writing pursuant hereto or in connection therewith shall be false or misleading in any material respect
as of the date made and the Closing Date.

 

3.4 Receiver
or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment
of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise
be appointed.

 

3.5 Judgments.
Any money judgment, writ or similar final process shall be entered or filed against Borrower or any of its property or other assets
for more than $1,000,000, and shall remain unvacated, unbonded or unstayed for a period of thirty (30) days.

 

3.6 Bankruptcy.
Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any
law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the
Borrower and if instituted against Borrower are not dismissed within thirty (30) days of initiation.

 

3.7 Non-Payment.
A default by the Borrower under any one or more obligations in an aggregate monetary amount in excess of $200,000 for more than
forty-five (45) days after the due date.

 

3.8
Stop Trade. An SEC or judicial stop trade order or Principal Market trading suspension that lasts for five or more consecutive
trading days.

 

3.9 Failure
to Deliver Common Stock or Replacement Note. Borrower’s failure to timely deliver Common Stock to the Holder pursuant
to and in the time required by this Note.

 

3.10 Failure
to Maintain Current Public Information. The Company’s failure to maintain current public information as defined in Rule
144 of the Securities Act of 1933,

 

3.11 Reverse
Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of the Holder.

 

3.12 Reservation
Default. Failure by the Borrower to have reserve for issuance upon conversion of the Note the amount of Common stock as set
forth herein.

 

    	8

    	 

    

  

3.13 Cross
Default. A default by the Borrower of a material term, covenant, warranty or undertaking of any other agreement to
which the Borrower and Holder are parties.

 

3.14 Change
in Control. A change in control of the Company without at least fourteen (14) days prior written notice to Holder.
A change in control shall mean that more than 30% of the shares of common stock are consolidated in one person or entity so that
the person or entity (other than any one or more of the Holders) may control the election of the board of directors or the passage
of a proposal that would normally require a shareholder vote without such shareholder vote and that such person or entity was
not a holder of shares of the Company at the date of execution hereof.

 

3.15 Asset
Sales. Any instance, undertaken without written consent of the Holder, whereby the Company or any of its subsidiaries,
sells, transfers, leases or otherwise disposes (including pursuant to a merger) of substantially all of the Company’s assets,
including any asset constituting an equity interest in any other person, except sales, transfers, leases and other dispositions
of inventory, used, obsolete or surplus equipment or other property, in each case in the ordinary course of the Company’s
business and consistent with past practice.

 

3.16 Delisting.
Delisting of the Common Stock from the Principal Market, including the Pink Sheets or the Over-the-Counter Bulletin Board, on
which the Common Stock is then listed or quoted for trading.

 

During
the time that any portion of this Note is outstanding, if any Event of Default has occurred, the remaining principal amount of
this Note, together with interest and other amounts owing in respect hereof, to the date of acceleration shall become, at the
Holder’s election, immediately due and payable in cash, provided however, the Holder may request (but shall have no obligation
to request) payment of such amounts in Common Stock of the Borrower. In addition to any other remedies, the Holder shall have
the right (but not the obligation) to convert this Note at any time after (x) an Event of Default or (y) the Maturity Date at
the Conversion Price then in- effect. The Holder need not provide and the Borrower hereby waives any presentment, demand, protest
or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of
its rights and remedies hereunder and all other remedies available to it under applicable law. Such declaration may be rescinded
and annulled by Holder at any time prior to payment hereunder. No such rescission or annulment shall affect any subsequent Event
of Default or impair any right consequent thereon. Upon an Event of Default, notwithstanding any other provision of this Note
or any Transaction Document, the Holder shall have no obligation to comply with or adhere to any limitations, if any, on the conversion
of this Note or the sale of the Conversion Shares, Shares or Other Securities.

 

ARTICLE
IV

MISCELLANEOUS

 

4.1 Failure
or Indulgence Not Waiver. No failure or delay on the part of Holder hereof in the exercise of any power, right or privilege
hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude
other or further exercise thereof or of any other right, power or privilege. All rights and remedies existing hereunder are cumulative
to, and not exclusive of, any rights or remedies otherwise available.

 

4.2 Notices.
All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing
and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified, return
receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed
effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile
machine, at the address or number designated below (if delivered on a business day during normal business hours where such notice
is to be received), or the first business day following such delivery (if delivered other than on a business day during normal
business hours where such notice is to be received) or (b) on the second business day following the date of mailing by express
courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first occur.
The addresses for such communications shall be: (i) if to the

 

    	9

    	 

    

  

IN
WITNESS WHEREOF, Borrower
has caused this Note to be signed in its name by an authorized officer as of
the 11th day of May, 2013.

 

	 	MINDPIX
    CORPORATION
	 	 
	 	By:	/s/
    Victor Siegel
	 	Name:	Victor
    Siegel
	 	Title:	CEO

 

	Acknowledged
    by:	 
	 	 
	BLUELIFE,
    INC.	 
	 	 	 
	By:	/s/ Vivian
    Blumenthal	 
	 	Vivian Blumenthal,
    President	 

 

    	10

    	 

    

  

Exhibit
A

 

NOTICE
OF CONVERSION

(To
be executed by the Holder in order to Convert the Note originally issued May 1, 2013)

 

TO:

 

The
undersigned hereby irrevocably elects to convert $___________ of the principal amount of the above Note into Shares of Common
Stock of MINDPIX CORPORATION (MPIX), according to the conditions stated therein, as of the Conversion Date written below.

 

	Conversion
    Date:	 	 	 	 
	 	 	 	 	 
	Applicable Conversion
    Price:	 	 	 	 
	 	 	 	 	 
	Signature:	 	 	 	 
	 	 	 	 	 
	Name:	 	 	 	 
	 	 	 	 	 
	Address:	 	 	 	 
	 	 	 	 	 
	Amount
    to be converted:	 	$		 
	 	 	 	 	 
	Amount
    of Note unconverted:	 	$		 
	 	 	 	 	 
	Conversion Price per
    share:	 	$		 
	 	 	 	 	 
	Number
    of shares to be issued:	 	 	 	 
	 	 	 	 	 
	Amount
    of Interest Converted:	 	$		 
	 	 	 	 	 
	Conversion Price per
    share:	 	$		 
	 	 	 	 	 
	Number of shares of
    to be issued:	 	 	 	 
	 	 	 	 	 
	Please
    issue the shares of to:	 	 	 	 
	 	 	 	 	 
	Broker
    DTC Participant Code:	 	 	 	 
	 	 	 	 	 
	Account
    Number:	 	 	 	 

 

    	11

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