Document:

Exhibit
10.52

 

LG
FUNDING LLC

1218
UNION STREET, BROOKLYN, NY 11225

(800)419-1160

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

This
is an Agreement dated 4/12/2022 by and between LG FUNDING LLC (“LG”) and each merchant listed below (“Merchant”).

 

Merchant’s
Legal Name: MCA NAPLES LLC; MEMORY CARE AMERICA LLC;MCA MANAGEMENT COMPANY, INC., MCA NAPLES HOLDINGS LLC. MEMORY CARE AT GOOD
SHEPHERD LLC

 

	D/B/A/:
    MCA NAPLES	Fed
    ID #:

 

	Type
    of Entity: LIMITED LIABILITY COMPANY	City:
    NAPLES	State: FL	Zip:
    34103

 

Business
Address: 2626 GOODLETIE-FRANK RD

 

	Contact
    Address:	City:
    SAN ANTONIO	State:
    TX Phone 	Zip:
    78201
	 	 	 	 
	E-
    mail Address: christin@myclearday.com	Number:		 

 

	Purchase Price 
This is the amount being paid to Merchant(s) for the Receivables Purchased Amount defined below .	 	$	205,000.00	 
	Receivables Purchased Amount 
This is the amount of Receivables defined in Section 1 below being sold.	 	$	287,000.00	 
	Specified Percentage 
This is the percentage of Receivables (defined below) to be delivered until the Receivables Purchased Amount is aid in full.	 	 	25	%
	Net Funds Provided
 This is the net amount being paid to or on behalf of Merchant(s) after deduction of
 applicable fees listed in Section 2 below.
	 	$	200,850.00	 
	Initial Estimated Payment 
This is only applicable if an Addendum for Estimated Payments is being signed. This is the initial amount of periodic payments collected from Merchant(s) as an approximation of no more than the Specified Percentage of the Receivables and is subject to reconciliation as set forth in Section 4 below.	 	$	 1,430.00
 Per Day
	 

 

TERMS
AND CONDITIONS

 

1.
Sale of Future Receipts- Merchant(s) hereby sell, assign, and transfer to LG (making LG the absolute owner) in consideration
of the funds provided (“Purchase Price”) specified above, all of each Merchant’s future accounts, contract rights,
and other obligations arising from or relating to the payment of monies from each Merchant’s customers and/or other third party
payors (the “Receivables”, defined as all payments made by cash, check, credit or debit card, electronic transfer, or other
form of monetary payment in the ordinary course of each merchant’s business), for the payment of each Merchant’s sale of
goods or services until the amount specified above (the “Receivables Purchased Amount”) has been delivered by Merchant(s)
to LG. Each Merchant hereby acknowledges that until the Receivables Purchased Amount has been received in full by LG. Each Merchant’s
Receivables, up to the balance of the Receivables Purchased Amount, are the property of LG and not the property of any Merchant. Each
Merchant agrees that it is a fiduciary for LG and that each Merchant will hold Receivables in trust for LG in its capacity as a fiduciary
for LG.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

The
Receivables Purchased Amount shall be paid to LG by each Merchant irrevocably authorizing only one depositing account acceptable to LG
(the “Account”) to remit the percentage specified above (the “Specified Percentage”) of each Merchant’s
settlement amounts due from each transaction, until such time as LG receives payment in full of the Receivables Purchased Amount. Each
Merchant hereby authorizes LG to ACH debit the specified remittances from the Account on a daily basis as of the next business day after
the date of this Agreement and will provide LG with all required access codes and monthly bank statements. Each Merchant understands
that it will be held responsible for any fees resulting from a rejected ACH attempt or an Event of Default (see Section 2). LG is not
responsible for any overdrafts or rejected transactions that may result from LG’s ACH debiting the Specified Percentage amounts
under the terms of this Agreement.

 

2.
Additional Fees. In addition to the Receivables Purchased Amount, each Merchant will be held responsible to LG for the
following fees, where applicable:

 

A.
$ 4,100.00 - to cover underwriting and the ACH debit program, as well as related expenses. This will be deducted from payment of the
Purchase Price.

 

B.
Wire Fee - Merchant(s) shall receive funding electronically to the Account and will be charged $50.00 for a Fed Wire or $0.00 for a bank
ACH. This will be deducted from payment of the Purchase Price.

 

C.
Blocked Account/Default - $2,500.00 - If LG considers an Event of Default to have taken place under Section 34.

 

D.
UCC Fee - $195.00 - to cover LG filing a UCC-1 financing statement to secure its interest in the Receivables Purchased Amount. A $195.00
UCC termination fee will be charged if a UCC filing is terminated.

 

E.
Court costs, arbitration fees, collection agency fees, attorney fees, expert fees, and any other expenses incurred in litigation, arbitration,
or the enforcement of any of LG’s legal or contractual rights against each Merchant and/or each Guarantor, if required, as explained
in other Sections of this Agreement.

 

3.
Cap on Collection of the Receivables Purchased Amount. The amount that LG will collect from Merchant(s) towards the Receivables
Purchased Amount during any specific day will be capped at $ 1,430.00 (the “Cap”). If the Specified Percentage of all Receivables
for a specific day is less than the Cap, then in addition to the Specified Percentage of Receivables for that day , LG will be permitted
to collect any Receivables it did not previously collect due to the Cap such that the total amount collected during that day does not
exceed the Cap. The Cap is not applicable to make up for a business day on which LG is closed and does not ACH debit the Account, to
subsequent attempts to collect a rejected or blocked ACH payment, or for the collection of any of the fees listed in Section 2 or if
any Event of Default listed in Section 34 is considered by LG to have taken place.

 

4.
Reconciliations. Any Merchant may give written notice to LG requesting that LG conduct a reconciliation in order to ensure
that the amount that LG has collected equals the Specified Percentage of Merchant(s)’s Receivables under this Agreement. Any Merchant
may give written notice requesting a reconciliation. A reconciliation may also be requested by e- mail to submissions@lgfunding.com and
such notice will be deemed to have been received if and when LG sends a reply e-mail(but not a read receipt). If such reconciliation
determines that LG collected more than it was entitled to, then LG will credit to the Account all amounts to which LG was not entitled
within seven days thereafter. If such reconciliation determines that LG collected less than it was entitled to, then LG will debit from
the Account all additional amounts to which LG was entitled within seven days thereafter. In order to effectuate this reconciliation,
any Merchant must produce with its request the login and password for the Account and any and all bank statements and merchant statements
covering the period from the date of this Agreement through the date of the request for a reconciliation. LG will complete each such
reconciliation within two business days after receipt of a written request for one accompanied by the information and documents required
for it. Nothing herein limits the amount of times that such a reconciliation may be requested.

 

5.
Prepayments. Although there is no obligation to do so, any Merchant may prepay any amount towards the Receivables Purchased
Amount. There will be no penalty for any prepayment made by any Merchant. Any Merchant may elect to terminate this Agreement by prepaying
LG the amount of the balance of the Receivables Purchased Amount at that time.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

6.
Merchant Deposit Agreement. Merchant(s) shall appoint a bank acceptable to LG, to obtain electronic fund transfer services
and/or “ACH” payments. Merchant(s) shall provide LG and/or its authorized agent with all of the information, authorizations,
and passwords necessary to verify each Merchant’s Receivables. Merchant(s) shall authorize LG and/or its agent(s) to deduct the
amounts owed to LG for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and
to pay such amounts to LG by permitting LG to withdraw the Specified Percentage by ACH debiting of the account. The authorization shall
be irrevocable absent LG’s written consent.

 

7.
Term of Agreement. The term of this Agreement is indefinite and shall continue until LG receives the full Receivables Purchased
Amount, or earlier if terminated pursuant to any provision of this Agreement. The provisions of Sections 4, 6, 7, 8, 10, 11, 13, 14,
15, 17, 18, 19, 22, 23, 28, 31, 32, 33, 34, 35, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, and
58 shall survive any termination of this Agreement.

 

8.
Ordinary Course of Business. Each Merchant acknowledges that it is entering into this Agreement in the ordinary course
of its business and that the payments to be made from each Merchant to LG under this Agreement are being made in the ordinary course
of each Merchant’s business.

 

9.
Financial Condition. Each Merchant and each Guarantor (Guarantor being defined as each signatory to the Guarantee of this
Agreement) authorizes LG and its agent(s) to investigate each Merchant’s financial responsibility and history, and will provide
to LG any bank or financial statements, tax returns, and other documents and records, as LG deems necessary prior to or at any time after
execution of this Agreement. A photocopy of this authorization will be deemed as acceptable for release of financial information. LG
is authorized to update such information and financial profiles from time to time as it deems appropriate.

 

10.
Monitoring. Recording. and Electronic Communications. LG may choose to monitor and/or record telephone calls with any Merchant
and its owners, employees, and agents. By signing this Agreement, each Merchant agrees that any call between LG and any Merchant or its
representatives may be monitored and/or recorded. Each Merchant and each Guarantor grants access for LG to enter any Merchant’s
premises and to observe any Merchant’s premises without any prior notice to any Merchant at any time after execution of this Agreement.

 

LG may use automated telephone dialing, text messaging systems, and e-mail to provide messages to Merchant(s), Owner(s) (Owner being
defined as each person who signs this Agreement on behalf of a Merchant), and Guarantor(s) about Merchant(s)’s account. Telephone
messages may be played by a machine automatically when the telephone is answered, whether answered by an Owner, a Guarantor, or someone
else. These messages may also be recorded by the recipient’s answering machine or voice mail. Each Merchant, each Owner, and each
Guarantor gives LG permission to call or send a text message to any telephone number given to LG in connection with this Agreement and
to play pre-recorded messages and/or send text messages with information about this Agreement and/or any Merchant’s account over
the phone. Each Merchant, each Owner, and each Guarantor also gives LG permission to communicate such information to them by e-mail.
Each Merchant, each Owner, and each Guarantor agree that LG will not be liable to any of them for any such calls or electronic communications,
even if information is communicated to an unintended recipient. Each Merchant, each Owner, and each Guarantor acknowledge that when they
receive such calls or electronic communications, they may incur a charge from the company that provides them with telecommunications,
wireless, and/or Internet services, and that LG has no liability for any such charges.

 

11.
Accuracy of Information Furnished by Merchant and Investigation Thereof. To the extent set forth herein, each of the parties
is obligated upon his, her, or its execution of the Agreement to all terms of the Agreement. Each Merchant and each Owner signing this
Agreement represent that he or she is authorized to sign this Agreement for each Merchant, legally binding said Merchant to its obligations
under this Agreement and that the information provided herein and in all of LG’s documents, forms, and recorded interview(s) is
true, accurate, and complete in all respects. LG may produce a monthly statement reflecting the delivery of the Specified Percentage
of Receivables from Merchant(s) to LG. An investigative report may be made in connection with the Agreement. Each Merchant and each Owner
signing this Agreement authorize LG, its agents and representatives, and any credit-reporting agency engaged by LG, to (i) investigate
any references given or any other statements obtained from or about each Merchant or any of its Owners for the purpose of this Agreement,
and (ii) pull credit report at any time now or for so long as any Merchant and/or Owners(s) continue to have any obligation to LG under
this Agreement or for LG’s ability to determine any Merchant’s eligibility to enter into any future agreement with LG. Any
misrepresentation made by any Merchant or Owner in connection with this Agreement may constitute a separate claim for fraud or intentional
misrepresentation.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

Authorization
for soft pulls: Each Merchant and each Owner understands that by signing this Agreement, they are providing ‘written instructions’
to LG under the Fair Credit Reporting Act, authorizing LG to obtain information from their personal credit profile or other information
from Experian, TransUnion, and Equifax. Each Merchant and each Guarantor authorizes LG to obtain such information solely to conduct a
pre-qualification for credit.

 

Authorization
for hard pulls: Each Merchant and each Owner understands that by signing this Agreement, they are providing ‘written instructions’
to LG under the Fair Credit Reporting Act, authorizing LG to obtain information from their personal credit profile or other information
from Experian, TransUnion, and Equifax. Each Merchant and each Guarantor authorizes LG to obtain such information in accordance with
a merchant cash advance application.

 

12.
Transactional History. Each Merchant authorizes its bank to provide LG with its banking and/or credit card processing history.

 

13.
Indemnification. Each Merchant and each Guarantor jointly and severally indemnify and hold harmless each Merchant’s
credit card and check processors (collectively, “Processor”) and Processor’s officers, directors, and shareholders
against all losses, damages, claims, liabilities, and expenses (including reasonable attorney and expert fees) incurred by Processor
resulting from (a) claims asserted by LG for monies owed to LG from any Merchant and (b) actions taken by any Processor in reliance upon
information or instructions provided by LG.

 

14.
No Liability. In no event will LG be liable for any claims asserted by any Merchant under any legal theory for lost profits,
lost revenues. lost business opportunities, exemplary, punitive, special, incidental, indirect, or consequential damages, each of which
is waived by each Merchant and each Guarantor.

 

15.
Sale of Receivables. Each Merchant and LG agree that the Purchase Price under this Agreement is in exchange for the Receivables
Purchased Amount and that such Purchase Price is not intended to be, nor shall it be construed as a loan from LG to any Merchant. LG
is entering into this Agreement knowing the risks that each Merchant’s business may decline or fail, resulting in LG not receiving
the Receivables Purchased Amount. Each Merchant agrees that the Purchase Price in exchange for the Receivables pursuant to this Agreement
equals the fair market value of such Receivables. LG has purchased and shall own all the Receivables described in this Agreement up to
the full Receivables Purchased Amount as the Receivables are created. Payments made to LG in respect to the full amount of the Receivables
shall be conditioned upon each Merchant’s sale of products and services and the payment therefor by each Merchant’s customers
in the manner provided in this Agreement. Although certain jurisdictions require the disclosure of an Annual Percentage Rate or APR in
connection with this Agreement, those disclosures do not change the fact that the transaction encompassed by this Agreement is not a
loan and does not have an interest rate.

 

16.
Power of Attorney. Each Merchant irrevocably appoints LG as its agent and attorney-in-fact with full authority to take
any action or execute any instrument or document to settle all obligations due to LG, or, if LG considers an Event of Default to have
taken place under Section 34, to settle all obligations due to LG from each Merchant, including without limitation (i) to obtain and
adjust insurance; (ii) to collect monies due or to become due under or in respect of any of the Collateral (which is defined in Section
33); (iii) to receive, endorse and collect any checks, notes, drafts, instruments, documents, or chattel paper in connection with clause
(i) or clause (ii) above; (iv) to sign each Merchant’s name on any invoice, bill of lading, or assignment directing customers or
account debtors to make payment directly to LG; and (v) to file any claims or take any action or institute any proceeding which LG may
deem necessary for the collection of any of the unpaid Receivables Purchased Amount from the Collateral, or otherwise to enforce its
rights with respect to payment of the Receivables Purchased Amount.

 

17.Protections
Against Default. The following Protections 1 through 6 may be invoked by LG, immediately and without notice to any Merchant in
the event LG considers any Event of Default listed in Section 34 to have taken place.

 

Protection
1: The full uncollected Receivables Purchased Amount plus all fees due under this Agreement may become due and payable in full immediately.

 

Protection
2. LG may enforce the provisions of the Guarantee against Guarantor. Protection 3. LG may enforce its security interest in the Collateral
identified in Section 33.

 

Protection
4. LG may proceed to protect and enforce its rights and remedies by litigation or arbitration.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

Protection
5. LG may debit any Merchant’s depository accounts wherever situated by means of ACH debit or electronic or facsimile signature
on a computer-generated check drawn on any Merchant’s bank account or otherwise, in an amount consistent with the terms of this
Agreement.

 

Protection
6. LG will have the right, without waiving any of its rights and remedies and without notice to any Merchant and/or Guarantor, to notify
each Merchant’s credit card and/or check processor of the sale of Receivables hereunder and to direct such credit card processor
to make payment to LG of all or any portion of the amounts received by such credit card processor on behalf of each Merchant. Each Merchant
hereby grants to LG an irrevocable power-of-attorney, which power-of-attorney will be coupled with an interest, and hereby appoints LG
and its representatives as each Merchant’s attorney-in-fact to take any and all action necessary to direct such new or additional
credit card and/or check processor to make payment to LG as contemplated by this Section.

 

18.
Protection of Information. Each Merchant and each person signing this Agreement on behalf of each Merchant and/or as Owner,
in respect of himself or herself personally, authorizes LG to disclose information concerning each Merchant, Owner and/or Guarantor’s
credit standing and business conduct to agents, affiliates, subsidiaries, and credit reporting bureaus. Each Merchant, Guarantor, and
Owner hereby waives to the maximum extent permitted by law any claim for damages against LG or any of its affiliates relating to any
(i) investigation undertaken by or on behalf of LG as permitted by this Agreement or (ii) disclosure of information as permitted by this
Agreement.

 

19.
Confidentiality. Each Merchant understands and agrees that the terms and conditions of the products and services offered
by LG, including this Agreement and any other LG documents (collectively, “Confidential Information”) are proprietary and
confidential information of LG. Accordingly, unless disclosure is required by law or court order, Merchant(s) shall not disclose Confidential
Information of LG to any person other than an attorney, accountant, financial advisor, or employee of any Merchant who needs to know
such information for the purpose of advising any Merchant (“Advisor”), provided such Advisor uses such information solely
for the purpose of advising any Merchant and first agrees in writing to be bound by the terms of this Section 19.

 

20.
D/B/As. Each Merchant hereby acknowledges and agrees that LG may be using “doing business as” or “d/b/a”
names in connection with various matters relating to the transaction between LG and each Merchant, including the filing of UCC-1 financing
statements and other notices or filings.

 

21.
Financial Condition and Financial Information. Each Merchant represents, warrants, and covenants that its bank and financial
statements, copies of which have been furnished to LG, and future statements which will be furnished hereafter at the request of LG,
fairly represent the financial condition of each Merchant at such dates, and that since those dates there have been no material adverse
changes, financial or otherwise, in such condition, operation, or ownership of any Merchant. Each Merchant has a continuing affirmative
obligation to advise LG of any material adverse change in its financial condition, operation, or ownership.

 

22.
Governmental Approvals. Each Merchant represents, warrants, and covenants that it is in compliance and shall comply with
all laws and has valid permits, authorizations, and licenses to own, operate, and lease its properties and to conduct the business in
which it is presently engaged.

 

23.
Authorization. Each Merchant represents, warrants, and covenants that it and each person signing this Agreement on behalf
of each Merchant has full power and authority to incur and perform the obligations under this Agreement, all of which have been duly
authorized.

 

24.
Insurance. Each Merchant represents, warrants, and covenants that within ten days after written notice of a request by
LG, Merchant(s) will maintain business-interruption insurance naming LG as loss payee and additional insured in amounts and against risks
as are satisfactory to LG and shall provide LG proof of such insurance upon request.

 

25.
Electronic Check Processing Agreement. Each Merchant represents, warrants, and covenants that it will not, without LG’s
prior written consent, change its Processor, add terminals, change its financial institution or bank account, or take any other action
that could have any adverse effect upon any Merchant’s obligations under this Agreement.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

26.
Change of Name or Location. Each Merchant represents, warrants, and covenants that it will not conduct its business under
any name other than as disclosed to LG or change any place(s) of its business without prior written consent from LG.

 

27.
Estoppel Certificate. Each Merchant represents, warrants, and covenants that it will, at any time, and from time to time,
upon at least two day’s prior notice from LG to that Merchant, execute, acknowledge, and deliver to LG and/or to any other person
or entity specified by LG, a statement certifying that this Agreement is unmodified and in full force and effect (or, if there have been
modifications. that the same is in full force and effect as modified and stating the modifications) and stating the dates which the Receivables
Purchased Amount or any portion thereof have been paid.

 

28.
No Bankruptcy. Each Merchant represents, warrants, and covenants that as of the date of this Agreement, it does not contemplate
and has not filed any petition for bankruptcy protection under Title 11 of the United States Code and there has been no involuntary petition
brought or pending against any Merchant. Each Merchant further warrants that it does not anticipate filing any such bankruptcy petition
and it does not anticipate that an involuntary petition will be filed against it. Each Merchant further warrants that there will be no
statutory presumption that it would have been insolvent on the date of this Agreement.

 

29.
Unencumbered Receivables. Each Merchant represents, warrants, and covenants that it has good, complete, and marketable
title to all Receivables, free and clear of any and all liabilities, liens, claims, changes, restrictions, conditions, options, rights,
mortgages, security interests, equities, pledges, and encumbrances of any kind or nature whatsoever or any other rights or interests
that may be inconsistent with this Agreement or adverse to the interests of LG, other than any for which LG has actual or constructive
knowledge as of the date of this Agreement.

 

30.
Stacking. Each Merchant represents, warrants, and covenants that it will not enter into with any party other than LG any
arrangement, agreement, or commitment that relates to or involves the Receivables, whether in the form of a purchase of, a loan against,
collateral against. or the sale or purchase of credits against Receivables without the prior written consent of LG.

 

31.
Business Purpose. Each Merchant represents, warrants, and covenants that it is a valid business in good standing under
the laws of the jurisdictions in which it is organized and/or operates, and each Merchant is entering into this Agreement for business
purposes and not as a consumer for personal, family, or household purposes.

 

32.
Default Under Other Contracts. Each Merchant represents, warrants, and covenants that its execution of and/or performance
under this Agreement will not cause or create an event of default by any Merchant under any contract with another person or entity.

 

33. Security
Interest. To secure each Merchant’s payment and performance obligations to LG under this Agreement and any future
agreement with LG, each Merchant hereby grants to LG a security interest in collateral (the “Collateral”), that is
defined as collectively: (a) all accounts, including without limitation, all deposit accounts, accounts- receivable, and other
receivables, chattel paper. documents, equipment, general intangibles, instruments, and inventory, as those terms are defined by
Article 9 of the Uniform Commercial Code (the “UCC”), now or hereafter owned or acquired by any Merchant; and (b) all
proceeds, as that term is defined by Article 9 of the UCC. The parties acknowledge and agree that any security interest granted to
LG under any other agreement between any Merchant or Guarantor and LG (the “Cross Collateral”) will secure the
obligations hereunder and under this Agreement. Negative Pledge: Each Merchant agrees not to create, incur, assume, or permit to
exist, directly or indirectly, any lien on or with respect to any of the Collateral or the Cross-Collateral, as
applicable.

 

Each
Merchant agrees to execute any documents or take any action in connection with this Agreement as LG deems necessary to perfect or maintain
LG’s first priority security interest in the Collateral and the Cross-Collateral , including the execution of any account control
agreements. Each Merchant hereby authorizes LG to file any financing statements deemed necessary by LG to perfect or maintain LG’s
security interest, which financing statements may contain notification that each Merchant has granted a negative pledge to LG with respect
to the Collateral and the Cross-Collateral, and that any subsequent lienor may be tortiously interfering with LG’s rights. Each
Merchant shall be liable for and LG may charge and collect all costs and expenses, including but not limited to attorney fees, which
may be incurred by LG in protecting, preserving, and enforcing LG’s security interest and rights. Each Merchant further acknowledges
that LG may use another legal name and/or D/B/A or an agent when designating the Secured Party when LG files the above-referenced financing
statement(s).

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

34.
Events of Default. An “Event of Default” may be considered to have taken place if any of the following occur:

 

(1)
Any representation or warranty by any Merchant to LG that proves to have been made intentionally false or misleading in any material
respect when made;

 

(2)
Any Merchant changes the Account without providing written notice to LG within one business day thereafter:

 

(3)
LG is not provided with updated login or password information for the Account within one business day after any such change is made by
any Merchant;

 

(4)
Any Merchant fails to send bank statements, merchant account statements, or bank login information for the Account within two business
days after a written request for same is made by LG;

 

(5)
Any Merchant causes any ACH debit to the Account by LG to be blocked or stopped without providing any advance written notice to LG, which
notice may be given by e-mail to submissions@lgfunding.com; or

 

(6)
Any Merchant intentionally prevents LG from collecting any part of the Receivables Purchased Amount;

 

35.
Remedies. In case any Event of Default occurs and is not waived, LG may proceed to protect and enforce its rights or remedies
by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement, or other provision contained
herein, or to enforce the discharge of each Merchant’s obligations hereunder, or any other legal or equitable right or remedy.
All rights, powers, and remedies of LG in connection with this Agreement, including each Protection listed in Section 17, may be exercised
at any time by LG after the occurrence of an Event of Default, are cumulative and not exclusive, and will be in addition to any other
rights, powers, or remedies provided by law or equity. In addition to the foregoing, in case any Event of Default occurs and is not waived,
LG will be entitled to the issuance of an injunction, restraining order, or other equitable relief in LG’s favor, subject to court
or arbitrator approval, restraining each Merchant’s accounts and/or receivables up to the amount due to LG as a result of the Event
of Default, and each Merchant will be deemed to have consented to the granting of an application for the same to any court or arbitral
tribunal of competent jurisdiction without any prior notice to any Merchant or Guarantor and without LG being required to furnish a bond
or other undertaking in connection with the application.

 

36.
Required Notifications. Each Merchant is required to give LG written notice at least one day prior to any filing under
Title 11of the United States Code. Merchant(s) are required to give LG at least seven days’ written notice prior to the closing
of any sale of all or substantially all of any Merchant’s assets or stock.

 

37.
Assignment. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors
and assigns, except that Merchant(s) shall not have the right to assign its rights hereunder or any interest herein without the prior
written consent of LG, which consent may be withheld in LG’s sole discretion. LG may assign, transfer, or sell its rights under
this Agreement, including, without limitation, its rights to receive the Receivables Purchased Amount, and its rights under Section 33
of this Agreement, the Guarantee, and any other agreement, instrument, or document executed in connection with the transactions contemplated
by this Agreement (a “Related Agreement”), or delegate its duties hereunder or thereunder, either in whole or in part. From
and after the effective date of any such assignment or transfer by LG, whether or not any Merchant has actual notice thereof, this Agreement
and each Related Agreement shall be deemed amended and modified (without the need for any further action on the part of any Merchant
or LG) such that the assignee shall be deemed a party to this Agreement and any such Related Agreement and, to the extent provided in
the assignment document between LG and such assignee (the “Assignment Agreement”), have the rights and obligations of LG
under this Agreement and such Related Agreements with respect to the portion of the Receivables Purchased Amount set forth in such Assignment
Agreement, including but not limited to rights in the Receivables, Collateral and Additional Collateral, the benefit of each Guarantor’s
guaranty regarding the full and prompt performance of every obligation that is a subject of the Guarantee, LG’s rights under Section
17 of this Agreement (Protections Against Default), and to receive damages from any Merchant following a breach of this Agreement by
any Merchant. In connection with such assignment, LG may disclose all information that LG has relating to any Merchant or its business.
Each Merchant agrees to acknowledge any such assignment in writing upon LG’s request.d

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

38.
Notices. All notices, requests, consents, demands, and other communications hereunder shall be delivered by certified mail,
return receipt requested, or by overnight delivery with signature confirmation to the respective parties to this Agreement at their addresses
set forth in this Agreement and shall become effective only upon receipt. Written notice may also be given to any Merchant or Guarantor
by e-mail to the E-mail Address listed on the first page of this Agreement. Each Merchant must set its spam or junk mail filter to accept
e-mails sent by submissions@lgfunding.com and its domain. This Section is not applicable to service of process or notices in any legal
proceedings.

 

39.
Choice of Law. Each Merchant acknowledges and agrees that this Agreement was made in the State of New York, that the Purchase
Price is being paid by LG in the State of New York, that the Receivables Purchased Amount is being delivered to LG in the State of New
York, and that the State of New York has a reasonable relationship to the transactions encompassed by this Agreement. This Agreement
and the relationship between LG, each Merchant, and each Guarantor will be governed by and construed in accordance with the laws of the
State of New York, without regard to any applicable principles of conflict of laws.

 

40.
Venue and Forum Selection. Any litigation relating to this Agreement or involving LG on one side and any Merchant or any
Guarantor on the other must be commenced and maintained in any court located in the Counties of Kings, Nassau, New York, or Sullivan
in the State of New York (the “Acceptable Forums”). The parties agree that the Acceptable Forums are convenient, submit to
the jurisdiction of the Acceptable Forums, and waive any and all objections to the jurisdiction or venue of the Acceptable Forums. If
any litigation is initiated in any other venue or forum, the parties waive any right to oppose any motion or application made by any
party to transfer such litigation to an Acceptable Forum. The parties agree that this Agreement encompasses the transaction of business
within the City of New York and that the Civil Court of the City of New York (“Civil Court”) will have jurisdiction over
any litigation relating to this Agreement that is within the jurisdictional limit of the Civil Court. In addition to the Acceptable Forums,
any action or proceeding to enforce a judgment or arbitration award against any Merchant or Guarantor or to restrain or collect any amount
due to LG may be commenced and maintained in any other court of competent jurisdiction.

 

41.Jury
Waiver. The parties agree to waive trial by jury in any dispute between them.

 

42.
Counterclaim Waiver. In any litigation or arbitration commenced by LG, each Merchant and each Guarantor will not be permitted
to interpose any counterclaim.

 

43.
Statutes of Limitations. Each Merchant and each Guarantor agree that any claim that is not asserted against LG within one
year of its accrual will be time barred.

 

44.
Costs. Each Merchant and each Guarantor must pay all of LG’s reasonable costs associated with a breach by any Merchant
of the covenants in this Agreement and the enforcement thereof, including but not limited to collection agency fees, attorney fees, which
may include a contingency fee of up to 40% of the amount claimed, expert witness fees, and costs of suit.

 

45.
Prejudgment and Postjudgment Interest. If LG becomes entitled to the entry of a judgment against any Merchant or any Guarantor,
then LG will be entitled to the recovery of prejudgment interest at a rate of 24% per annum (or 16% per annum if any Merchant is a sole
proprietorship), or the maximum rate permitted by applicable law if less, and upon entry of any such judgment, it will accrue interest
at a postjudgment rate of 24% per annum (or 16% per annum if any Merchant is a sole proprietorship), or the maximum rate permitted by
applicable law if less, which rate will govern over the statutory rate of interest up until actual satisfaction of the judgment.

 

46.
Legal Fees. If LG prevails in any litigation or arbitration with any Merchant or any Guarantor, then that Merchant and/or
Guarantor must pay LG’s reasonable attorney fees, which may include a contingency fee of up to 40% of the amount claimed.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

47.
Class Action Waiver. LG, each Merchant, and each Guarantor agree that they may bring claims against each other relating
to this Agreement only in their individual capacities. and not as a plaintiff or class action member in any purported class or representative
proceedings.

 

48.
Arbitration. Any action or dispute relating to this Agreement or involving LG on one side and any Merchant or any Guarantor on
the other, including, but not limited to issues of arbitrability, will, at the option of any party to such action or dispute, be determined
by arbitration before a single arbitrator. The arbitration will be administered either by Arbitration Services, Inc. under its Commercial
Arbitration Rules as are in effect at that time, which rules are available at www.arbitrationservicesinc.com, or by Mediation & Civil
Arbitration, Inc. under its Commercial Arbitration Rules as are in effect at that time, which rules are available at www.mcarbitration.org.
Once an arbitration is initiated with one of these arbitral forums, it must be maintained exclusively before that arbitral forum and
the other arbitral forum specified herein may not be used. Any arbitration relating to this Agreement must be conducted in the Counties
of Nassau, New York, Queens, or Kings in the State of New York. Notwithstanding any provision of any applicable arbitration rules, any
witness in an arbitration who does not reside in or have a place for the regular transaction of business located in New York City or
the Counties of Nassau, Suffolk, or Westchester in the State of New York will be permitted to appear and testify remotely by telephone
or video conferencing. In case any Event of Default occurs and is not waived, each Merchant and each Guarantor consents to LG making
an application to the arbitrator, without notice to any Merchant or any Guarantor, for the issuance of an injunction, restraining order,
or other equitable relief in LG’s favor, subject to court or arbitrator approval, restraining each Merchant’s accounts and/or
receivables up to the amount due to LG as a result of the Event of Default.

 

Each
Merchant acknowledges and agrees that this Agreement is the product of communications conducted by telephone and the Internet, which
are instrumentalities of interstate commerce, that the transactions contemplated under this Agreement will be made by wire transfer and
ACH, which are also instrumentalities of interstate commerce, and that this Agreement therefore evidences a transaction affecting interstate
commerce. Accordingly, notwithstanding any provision in this Agreement to the contrary, all matters of arbitration relating to this Agreement
will be governed by and construed in accordance with the provisions of the Federal Arbitration Act, codified as Title 9 of the United
States Code, however any application for injunctive relief in aid of arbitration or to confirm an arbitration award may be made under
Article 75 of the New York Civil Practice Law and Rules. The arbitration agreement contained in this Section may also be enforced by
any employee, agent, attorney, member, manager, officer, subsidiary, affiliate entity, successor, or assign of LG.

 

49.
Service of Process. Each Merchant and each Guarantor consent to service of process and legal notices made by First Class
or Priority Mail delivered by the United States Postal Service and addressed to the Contact Address set forth on the first page of this
Agreement or any other address(es) provided in writing to LG by any Merchant or any Guarantor. and unless applicable law or rules provide
otherwise, any such service will be deemed complete upon dispatch. Each Merchant and each Guarantor agrees that it will be precluded
from asserting that it did not receive service of process or any other notice mailed to the Contact Address set forth on the first page
of this Agreement if it does not furnish a certified mail return receipt signed by LG demonstrating that LG was provided with notice
of a change in the Contact Address.

 

50.
Survival of Representation. etc. All representations, warranties, and covenants herein shall survive the execution and
delivery of this Agreement and shall continue in full force until all obligations under this Agreement shall have been satisfied in full
and this Agreement shall have terminated unless specified otherwise in this Agreement.

 

51.Waiver.
No failure on the part of LG to exercise, and no delay in exercising, any right under this Agreement, shall operate as a waiver thereof,
nor shall any single or partial exercise of any right under this Agreement preclude any other or further exercise thereof or the exercise
of any other right. The remedies provided hereunder are cumulative and not exclusive of any remedies provided by law or equity.

 

52.Independent
Sales Organizations/Brokers. Each Merchant and each Guarantor acknowledge that it may have been introduced to LG by or received
assistance in entering into this Agreement or its Guarantee from an independent sales organization or broker r1sO”). Each Merchant
and each Guarantor agree that any ISO is separate from and is not an agent or representative of LG. Each Merchant and each Guarantor
acknowledge that LG is not bound by any promises or agreements made by any ISO that are not contained within this Agreement. Each Merchant
and each Guarantor exculpate from liability and agree to hold harmless and indemnify LG and its officers, directors, members, shareholders,
employees, and agents from and against all losses, damages, claims, liabilities, and expenses (including reasonable attorney and expert
fees) incurred by any Merchant or any Guarantor resulting from any act or omission by any ISO. Each Merchant and each Guarantor acknowledge
that any fee that they paid to any ISO for its services is separate and apart from any payment under this Agreement. Each Merchant and
each Guarantor acknowledge that LG does not in any way require the use of an ISO and that any fees charged by any ISO are not required
as a condition or incident to this Agreement.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

53.
Modifications; Agreements. No modification, amendment, waiver, or consent of any provision of this Agreement shall be effective
unless the same shall be in writing and signed by all parties.

 

54.
Severability. If any provision of this Agreement is deemed invalid or unenforceable as written, it will be construed, to
the greatest extent possible, in a manner which will render it valid and enforceable, and any limitation on the scope or duration of
any such provision necessary to make it valid and enforceable will be deemed to be part thereof. If any provision of this Agreement is
deemed void, all other provisions will remain in effect.

 

55.
Headings. Headings of the various articles and/or sections of this Agreement are for convenience only and do not necessarily
define, limit, describe, or construe the contents of such articles or sections.

 

56.
Attorney Review. Each Merchant acknowledges that it has had an opportunity to review this Agreement and all addenda with
counsel of its choosing before signing the documents or has chosen not to avail itself of the opportunity to do so.

 

57.
Entire Agreement. This Agreement, inclusive of all addenda, if any, executed simultaneously herewith constitutes the full
understanding of the parties to the transaction herein and may not be amended, modified, or canceled except in writing signed by all
parties. Should there arise any conflict between this Agreement and any other document preceding it, this Agreement will govern. This
Agreement does not affect any previous agreement between the parties unless such an agreement is specifically referenced herein. This
Agreement will not be affected by any subsequent agreement between the parties unless this Agreement is specifically referenced therein.
LG will not be permitted to enforce any of its rights under this Agreement if so expressed by in writing by Gene Rosen’s Law Firm.

 

58.
Counterparts; Fax and Electronic Signatures. This Agreement may be executed electronically and in counterparts. Facsimile
and electronic copies of this Agreement will have the full force and effect of an original.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

EACH
UNDERSIGNED HEREBY ACCEPTS THE TERMS OF THIS AGREEMENT

 

FOR
THE MERCHANT/OWNER (#1)

 

	By:	Christin
    L Hemmens	 	Director	 	 	 	 
	 	(Print
    Name)	 	(Print
    Title)	 	 	 	(Signature)
	 	 	 	 	 	 	 	 
	SS#	 	 	 	 	Driver
    License Number 	 	 
	 	 	 	 	 	 	 	 
	FOR
    THE MERCHANT/OWNER (#2)	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 	 
	 	(Print
    Name)	 	(Print
    Title)	 	 	 	(Signature)
	 	 	 	 	 	 	 	 
	SS#	 	 	 	 	Driver
    License Number 	 	 

 

	Approved
    for LG FUNDING LLC by:	 

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

GUARANTEE

 

G1.
Personal Guarantee of Performance. This is a personal guaranty of performance, dated 4/12/2022 , of the Standard Merchant Cash Advance
Agreement, dated 4/12/2022 (“Agreement”), inclusive of all addenda, if any, executed simultaneously therewith, by and between
LG FUNDING LLC (“LG”) and MCA NAPLES LLC; MEMORY CARE AMERICA LLC;MCA MANAGEMENT COMPANY INC:MCA NAPLES HOLOINGS LLC. MEMORY
CARE AT GOOD SHEPHERD LLC (“Merchant”). Each undersigned Guarantor hereby guarantees each Merchant’s performance of
all of the representations, warranties, and covenants made by each Merchant to LG in the Agreement, inclusive of all addenda, if any,
executed simultaneously herewith, as the Agreement may be renewed, amended, extended, or otherwise modified (the “Guaranteed Obligations”).
Each Guarantor’s obligations are due at the time that LG considers an Event of Default to have taken place under Section 34 of
the Agreement.

 

G2.
Communications. LG may use automated telephone dialing, text messaging systems, and e-mail to provide messages to Guarantor(s)
about Merchant(s)’s account Telephone messages may be played by a machine automatically when the telephone is answered, whether
answered by an Owner, a Guarantor, or someone else. These messages may also be recorded by the recipient’s answering machine or
voice mail.Each Guarantor gives LG permission to call or send a text message to any telephone number given to LG in connection with this
Agreement and to play pre-recorded messages and/or send text messages with information about this Agreement and/or any Merchant’s
account over the phone. Each Guarantor also gives LG permission to communicate such information to them by e-mail. Each Guarantor agrees
that LG will not be liable to any of them for any such calls or electronic communications, even if information is communicated to an
unintended recipient. Each Guarantor acknowledges that when they receive such calls or electronic communications, they may incur a charge
from the company that provides them with telecommunications, wireless, and/or Internet services, and that LG has no liability for any
such charges.

 

G3.
Guarantor Waivers. LG does not have to notify any Guarantor of and Guarantor(s) will not be released from its obligations under
this Guarantee even if it is not notified of any renewal, extension, or other modification of the Agreement or any Merchant’s other
obligations to LG. Until the Receivables Purchased Amount and each Merchant’s other obligations to LG under the Agreement and this
Guarantee are paid in full, each Guarantor shall not seek reimbursement from any Merchant or any other guarantor for any amounts paid
by it under the Agreement. Each Guarantor permanently waives and shall not seek to exercise any of the following rights that it may have
against any Merchant, any other guarantor, or any collateral provided by any Merchant or any other guarantor, for any amounts paid by
it or acts performed by it under this Guarantee: (i) subrogation; (ii) reimbursement: (iii) performance; (iv) indemnification; or (v)
contribution.

 

G4.
Injunctive Relief. In case any Event of Default occurs and is not waived, LG will be entitled to the issuance of an injunction,
restraining order, or other equitable relief in LG’s favor, subject to court or arbitrator approval, restraining each Guarantor’s
accounts and/or receivables upto the amount due to LG as a result of the Event of Default, and each Guarantor will be deemed to have
consented to the granting of an application for the same to any court or arbitral tribunal of competent jurisdiction without any prior
notice to any Merchant or Guarantor and without LG being required to furnish a bond or other undertaking in connection with the application.

 

G5.
Choice of Law. Each Guarantor acknowledges and agrees that the Agreement and this Guarantee were made in the State of New York,
that the Purchase Price is being paid by LG in the State of New York, that the Receivables Purchased Amount is being delivered to LG
in the State of New York, and that the State of New York has a reasonable relationship to the transactions encompassed by the Agreement
and this Guarantee. This Guarantee and the relationship between LG, each Merchant, and each Guarantor will be governed by and construed
in accordance with the laws of the State of New York, without regard to any applicable principles of conflict of laws.

 

G6.
Venue and Forum Selection. Any litigation relating to this Agreement or this Guarantee or involving LG on one side and any Merchant
or any Guarantor on the other must be commenced and maintained in any court located in the Counties of Nassau, New York, or Sullivan
in the State of New York (the “Acceptable Forums”). The parties agree that the Acceptable Forums are convenient, submit to
the jurisdiction of the Acceptable Forums, and waive any and all objections to the jurisdiction or venue of the Acceptable Forums. If
any litigation is initiated in any other venue or forum, the parties waive any right to oppose any motion or application made by any
party to transfer such litigation to an Acceptable Forum. The parties agree that this Guarantee encompasses the transaction of business
within the City of New York and that the Civil Court of the City of New York (“Civil Court”) will have jurisdiction over
any litigation relating to this Guarantee that is within the jurisdictional limit of the Civil Court. In addition to the Acceptable Forums,
any action or proceeding to enforce a judgment or arbitration award against any Merchant or Guarantor or to restrain or collect any amount
due to LG may be commenced and maintained in any other court of competent jurisdiction.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEME NT

 

G7.
Jury Waiver. Each Guarantor agrees to waive trial by jury in any dispute with LG.

 

G8.
Counterclaim Waiver. In any litigation or arbitration commenced by LG, each Merchant and each Guarantor will not be permitted
to interpose any counterclaim.

 

G9.
Statutes of Limitations. Each Merchant and each Guarantor agree that any claim that is not asserted against LG within one year
of its accrual will be time barred.

 

G10.
Costs. Each Merchant and each Guarantor must pay all of LG’s reasonable costs associated with a breach by any Merchant
of the covenants in this Agreement or this Guarantee and the enforcement thereof, including but not limited to collection agency fees,
expert witness fees, and costs of suit.

 

G11.
Preludqment and Postjudqment Interest. If LG becomes entitled to the entry of a judgment against any Merchant or any Guarantor,
then LG will be entitled to the recovery of prejudgment interest at a rate of 24% per annum (or 16% per annum if any Merchant is a sole
proprietorship), or the maximum rate permitted by applicable law if less, and upon entry of any such judgment, it will accrue interest
at a postjudgment rate of 24% per annum (or 16% per annum if any Merchant is a sole proprietorship), or the maximum rate permitted by
applicable law if less, which rate will govern over the statutory rate of interest up until actual satisfaction of the judgment.

 

G12.
Legal Fees. If LG prevails in any litigation or arbitration with any Merchant or any Guarantor, then that Merchant and/or Guarantor
must pay LG’s reasonable attorney fees, which may include a contingency fee of up to 40% of the amount claimed.

 

G13.Class
Action Waiver. LG, each Merchant, and each Guarantor agree that they may bring claims against each other relating to this Agreement
only in their individual capacities, and not as a plaintiff or class action member in any purported class or representative proceedings.

 

G14.
Arbitration. Any action or dispute relating to this Agreement or this Guarantee or involving LG on one side and any Merchant
or any Guarantor on the other, including, but not limited to issues of arbitrability, will, at the option of any party to such action
or dispute, be determined by arbitration before a single arbitrator. The arbitration will be administered either by Arbitration Services,
Inc. under its Commercial Arbitration Rules as are in effect at that time, which rules are available at www.arbitrationservicesinc.com.
or by Mediation & Civil Arbitration, Inc. under its Commercial Arbitration Rules as are in effect at that time, which rules are available
at www.mcarbitration.ora. Once an arbitration is initiated with one of these arbitral forums, it must be maintained exclusively before
that arbitral forum and the other arbitral forum specified herein may not be used. Any arbitration relating to this Agreement or this
Guarantee must be conducted in the Counties of Nassau, New York, Queens, or Kings in the State of New York. Notwithstanding any provision
of any applicable arbitration rules, any witness in an arbitration who does not reside in or have a place for the regular transaction
of business located in New York City or the Counties of Nassau, Suffolk, or Westchester in the State of New York will be permitted to
appear and testify remotely by telephone or video conferencing. In case any Event of Default occurs and is not waived, each Guarantor
consents to LG making an application to the arbitrator, without notice to any Merchant or any Guarantor, for the issuance of an injunction,
restraining order, or other equitable relief in LG’s favor, subject to court or arbitrator approval, restraining each Guarantor’s
accounts and/or receivables up to the amount due to LG as a result of the Event of Default.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT

 

Each
Guarantor acknowledges and agrees that the Agreement and this Guarantee are the product of communications conducted by telephone and
the Internet, which are instrumentalities of interstate commerce, that the transactions contemplated under the Agreement and this Guarantee
will be made by wiretransfer and ACH, which are also instrumentalities of interstate commerce, and that the Agreement and this Guarantee
therefore evidence a transaction affecting interstate commerce. Accordingly, notwithstanding any provision in the Agreement or this Guarantee
to the contrary, all matters of arbitration relating to the Agreement or this Guarantee will be governed by and construed in accordance
with the provisions of the Federal Arbitration Act, codified as Title 9 of the United States Code, however any application for injunctive
relief in aid of arbitration or to confirm an arbitration award may be made under Article 75 of the New York Civil Practice Law and Rules.
The arbitration agreement contained in this Section may also be enforced by any employee, agent, attorney, member, manager, officer,
subsidiary, affiliate entity, successor, or assign of LG.

 

G15.
Service of Process. Each Merchant and each Guarantor consent to service of process and legal notices made by First Class or Priority
Mail delivered by the United States Postal Service and addressed to the Contact Address set forth on the first page of the Agreement
or any other address(es) provided in writing to LG by any Merchant or any Guarantor, and unless applicable law or rules provide otherwise,
any such service will be deemed complete upon dispatch. Each Merchant and each Guarantor agrees that it will be precluded from asserting
that it did not receive service of process or any other notice mailed to the Contact Address set forth on the first page of the Agreement
if it does not furnish a certified mail return receipt signed by LG demonstrating that LG was provided with notice of a change in the
Contact Address.

 

G16.
Severability. If any provision of this Guarantee is deemed invalid or unenforceable as written, it will be construed, to the
greatest extent possible, in a manner which will render it valid and enforceable, and any limitation on the scope or duration of any
such provision necessary to make it valid and enforceable will be deemed to be part thereof. If any provision of this Guarantee is deemed
void, all other provisions will remain in effect.

 

G17.
Survival. The provisions of Sections G2, G3, G4, G5, GS, G7, GS, G9, G10, G11,G12, G13, G14, G15, G16, G17, G18, G19, and G20
shall survive any termination of this Guarantee.

 

G18.
Headings. Headings of the various articles and/or sections of this Guarantee are for convenience only and do not necessarily
define, limit, describe, or construe the contents of such articles or sections.

 

G19.Attorney
Review. Each Guarantor acknowledges that it has had an opportunity to review this Guarantee, the Agreement, and all addenda with
counsel of its choosing before signing the documents or has chosen not to avail itself of the opportunity to do so.

 

G20.Entire
Agreement. This Guarantee, inclusive of all addenda, if any, executed simultaneously herewith may not be amended, modified, or
canceled except in writing signed by all parties. Should there arise any conflict between this Guarantee and any other document preceding
it, this Guarantee will govern. This Guarantee does not affect any previous agreement between the parties unless such an agreement is
specifically referenced in the Agreement or herein. This Guarantee will not be affected by any subsequent agreement between the parties
unless this Guarantee is specifically referenced therein.

 

G21.
Counterparts; Fax and Electronic Signatures. This Guarantee may be executed electronically and in counterparts. Facsimile and
electronic copies of this Guarantee will have the full force and effect of an original.

 

I
have read and agree to the terms and conditions set forth above:

 

Name:
Christin L. Hemmens Title: Director Date: 4/12/2022

 

    	 

     

    

 

STANDARD
MERCHANT CASH ADVANCE AGREEMENT 

 

THE
TERMS, DEFINITIONS, CONDITIONS AND INFORMATION SET FORTH IN THE “STANDARD MERCHANT CASH ADVANCE AGREEMENT”, INCLUDING THE
“TERMS AND CONDITIONS”, ARE HEREBY INCORPORATED IN AND MADE A PART OF THIS GUARANTEE. CAPITALIZED TERMS NOT DEFINED IN THIS
GUARANTEE SHALL HAVE THE MEANING SET FORTH IN THE STANDARD MERCHANT CASH ADVANCE AGREEMENT, INCLUDING THE TERMS AND CONDITIONS.

 

EACH
UNDERSIGNED HEREBY ACCEPTS THE TERMS OF THIS GUARANTEE

 

GUARANTOR
(#1)

 

	By: 	Christin
    L Hemmens	 	 	 
	 	(Print
    Name)	 	(Signature)	 
	 	 	 	 	 
	SS#	 	 	Driver
    License Number	 
	 	 	 	 	 
	GUARANTOR
    (#2)	 	 	 
	 	 	 	 	 
	By:	 	 	 	 
	 	(Print
    Name)	 	(Signature)	 
	 	 	 	 	 
	SS# 	 	 	Driver
    License Number	 

 

    	 

     

    

 

LG
FUNDING LLC

1218
UNION

STREET,BROOKLYN,NY
11225

(800)419-060

 

ADDENDUM
TO STANDARD MERCHANT CASH ADVANCE AGREEMENT FOR ESTIMATED PAYMENTS

 

This
is an Addendum, dated Advance Agreement (“Agreement), dated 4/12/2022 to the Standard Merchant Cash 4/12/2022 between LG FUNDING

 

LLC
(“LG”) and MCA NAPLES LLC; MEMORY CARE AMERICA LLC;MCA MANAGEMENT COMPANY INC:MCA NAPLES HOLOINGS LLC. MEMORY CARE AT GOOD
SHEPHERD LLC (“Merchant).

 

This
Addendum incorporates the Agreement by reference. The terms of this Addendum will control to the extent they conflict with any of the
terms in the Agreement.

 

Instead
of debiting the 25 % Specified Percentage of Merchant’s Receivables, LG may instead debit $1,430.00 (“Estimated
Payment”) from the Account every day Estimated Payment is intended to be an approximation of no more than the Specified
Percentage.

 

Any
Merchant may give written notice to LG requesting that LG conduct a reconciliation in order to ensure that the amount that LG has collected
equals the Specified Percentage of Merchant(s)’s Receivables under this Agreement. Any Merchant may give written notice requesting
a reconciliation. A request for reconciliation may also be made by e-mail to submissions@lgfunding.com and such notice will be deemed
to have been received if and when LG sends a reply e-mail (but not a read receipt). If such reconciliation determines that LG collected
more than it was entitled to, then within seven days thereafter, LG will credit to the Account all amounts to which LG was not entitled
and decrease the Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)’s Receivables from the
date of the Agreement through the date of the reconciliation. If such reconciliation determines that LG collected less than it was entitled
to, then within seven days thereafter, LG will debit from the Account all additional amounts to which LG was entitled and increase the
Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)’s Receivables from the date of the Agreement
through the date of the reconciliation, with the increase being subject to any Cap in place on collections. In order to effectuate this
reconciliation, any Merchant must produce with its request the login and password for the Account and any and all bank statements and
merchant statements covering the period from the date of this Agreement through the date of the request for a reconciliation. LG will
complete each such reconciliation within two business days after receipt of a written request for one accompanied by the information
and documents required for it. Nothing herein limits the amount of times that such a reconciliation may be requested.

 

FOR
THE MERCHANT/OWNER (#1)

 

	By:	Christin
    L Hemmens	 	Director	 	 	 	 
	 	(Print
    Name)	 	(Print
    Title)	 	 	 	(Signature)
	 	 	 	 	 	 	 	 
	SS#	 	 	 	 	Driver
    License Number 	 	 
	 	 	 	 	 	 	 	 
	FOR
    THE MERCHANT/OWNER (#2)	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 	 
	 	(Print
    Name)	 	(Print
    Title)	 	 	 	(Signature)
	 	 	 	 	 	 	 	 
	SS#	 	 	 	 	Driver
    License NumberExhibit
10.53

 

 

    	 

     

    

 

 

This
Merchant Agreement (hereafter “Agreement”) is by, between, and among PMF, the above-listed Merchant, and Guarantor listed
below at page___ (“Guarantor” or “Guarantors”). PMF, Merchant, and Guarantor(s) are collectively referred to
as the “Parties”.

 

Merchant
hereby sells, assigns, and transfers to PMF (making PMF the absolute owner) in consideration of the “Purchase Price” specified
above, the Purchased Percentage of all of Merchant’s future accounts, contract rights and other entitlements arising from or relating
to the payment of monies from Merchant’s customers and/or other third party payors (the “Receipts” defined as
all payments made by cash, check, electronic transfer or other form of monetary payment in the ordinary course of the Merchant’s
business), for the payments due to Merchant as a result of Merchant’s sale of goods and/or services (the “Transactions”)
until the “Purchased Amount” has been delivered by or on behalf of Merchant to PMF.

 

Merchant
is selling a portion of a future revenue stream to PMF at a discount, not borrowing money from PMF, therefore there is no interest rate
or payment schedule and no time period during which the Purchased Amount must be collected by PMF. The Daily Remittance is a good faith
estimate of (a) Purchased Percentage multiplied by (b) the daily revenues of Merchant during the previous calendar month divided by (c)
the number of business days in the calendar month. Merchant going bankrupt or going out of business, or experiencing a slowdown in business,
or a delay in collecting its receivables, in and of itself, does not constitute a breach of this Agreement. PMF is entering this Agreement
knowing the risks that Merchant’s business may slow down or fail, and PMF assumes the risks based on Merchant’s representations,
warranties and covenants in this Agreement, which are designed to give PMF a reasonable and fair opportunity to receive the benefit
of its bargain. Merchant and Guarantor are only guaranteeing their performance of the terms of this Revenue Purchase Agreement, and are
not guaranteeing the payment of the Purchased Amount.

 

The
initial Daily Remittance shall be as described above. The Daily Remittance is subject to adjustment as set forth in Paragraph 1.4.

 

PMF
will debit the Daily Remittance each business day from only one depositing bank account, which must be acceptable to, and pre-approved
by, PMF (the “Account”) into which Merchant and Merchant’s customers shall remit the Receipts from each Transaction,
until such time as PMF receives payment in full of the Purchased Amount. Daily Remittance. Merchant hereby authorizes PMF to ACH debit
the Daily Agreed Remittance from the Account on a daily basis; a daily basis means any day that is not a United States banking holiday.
PMF’s payment of the Purchase Price shall be deemed the acceptance and performance of this Agreement. Merchant understands that
it is responsible for ensuring that the Daily Agreed Remittance to be debited by PMF remains in the Account and will be held responsible
for any fees incurred by PMF resulting from a rejected ACH attempt or an Event of Default. PMF is not responsible for any overdrafts
or rejected transactions that may result from PMF’s ACH debiting the Daily Agreed Remittance under the terms of this Agreement.
Notwithstanding anything to the contrary in the Agreement or any other agreement between PMF and Merchant, upon the occurrence of an
Event of Default under Section 3 of the MERCHANT AGREEMENT TERMS AND CONDITIONS the Purchased Percentage shall equal 100%. A list of
all fees applicable under this Agreement is contained in Appendix A.

 

THE
MERCHANT AGREEMENT “TERMS AND CONDITIONS”, THE “SECURITY AGREEMENT AND GUARANTY” AND THE “ADMINISTRATIVE
FORM HEREOF, ARE ALL HEREBY INCORPORATED IN AND MADE A PART OF THIS MERCHANT AGREEMENT.

 

 

Merchant
Agreement Terms & Conditions

 

	1	Terms
                                            of Enrollment In Program

 

	1.1	Merchant
    Deposit Agreement and Processor. Merchant shall (A) execute an agreement acceptable to PMF with a Bank acceptable to PMF to obtain
    electronic fund transfer services for the Account, and (B) if applicable, execute an agreement acceptable to PMF with a credit and
    debit card processor (the “Processor”) instructing the Processor to deposit all Receipts into the Account. Merchant shall
    provide PMF and/or its authorized agent(s) with all of the information, authorizations and passwords necessary for verifying Merchant’s
    receivables, receipts, deposits, and withdrawals into and from the Account. Merchant hereby authorizes PMF and/or its agents(s) to
    withdraw from the Account via ACH debit the amounts owed to PMF for the receipts as specified herein and to pay such amounts
    to PMF. These authorizations apply not only to the approved Account but also to any subsequent or alternate account used by the Merchant
    for these deposits, whether pre-approved by PMF or not. This additional authorization is not a waiver of PMF’s entitlement
    to declare this Agreement breached by Merchant as a result of its usage of an account which PMF did not first pre-approve in
    writing prior to Merchant’s usage thereof. The aforementioned authorizations shall be irrevocable without the written consent
    of PMF.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	2

 

    	 

     

    

 

 

	1.2	Terms
    of Agreement. This Agreement shall remain in full force and effect until the entire Purchased Amount and any other amounts
    due are received by PMF as per the terms of this Agreement.
	 	 
	1.3	Future
    Purchase of Increments. Subject to the terms of this Agreement, PMF offers to purchase additional Receipts in the “Increments”
    stated on Page 1 of this Agreement, if any. PMF reserves the right to delay or rescind the offer to purchase any Increment or
    any additional Receipts, in its sole and absolute discretion.
	 	 
	1.4	Adjustments
    to the Daily Remittance. If an Event of Default has not occurred, every two (2) calendar weeks after the funding of the
    Purchase Price to Merchant either party may give notice to the other to request an increase or decrease in the Daily Remittance.
    The amount may be increased if the amount remitted to PMF was more than the Purchased Percentage of all revenue of Merchant during
    the previous two (2) calendar weeks. The modified Daily Remittance shall be equal to the (a) Purchased Percentage multiplied
    by (b) the daily average revenues of Merchant during the previous two (2) weeks divided by the (c) number of business days in the
    calendar month.
	 	 
	1.5	Financial
    Condition. Merchant and Guarantor(s) (as hereinafter defined and limited) authorize PMF and its agents to investigate their
    financial responsibility and history, and will provide to PMF any authorizations, bank or financial statements, tax returns,
    etc., as PMF deems necessary in its sole absolute discretion prior to or at any time after execution of this Agreement. A photocopy
    of this authorization will be deemed as acceptable as an authorization for release of financial and credit information. PMF
    is authorized to update such information and financial and credit profiles from time to time as it deems appropriate.
	 	 
	1.6	Transaction
    History. Merchant authorizes all of its banks, brokers, and processors to provide PMF with Merchant’s banking, brokerage,
    and/or processing history to determine qualification or continuation in this program and for collections purposes. Merchant
    shall provide PMF with copies of any documents related to Merchant’s card processing activity or financial and banking
    affairs within 5 days after a request from PMF.
	 	 
	1.7	Indemnification.
    Merchant and Guarantor(s) jointly and severally indemnify and hold harmless Processor, its officers, directors and shareholders
    against all losses, damages, claims, liabilities, and expenses (including reasonable attorney’s fees) incurred by Processor
    resulting from (a) claims asserted by PMF for monies owed to PMF from Merchant and (b) actions taken by Processor in reliance upon
    any fraudulent, misleading or deceptive information or instructions provided by PMF.
	 	 
	1.8	No
    Liability. In no event will PMF be liable for any claims asserted by Merchant or Guarantors under any legal theory for lost profits,
    lost revenues, lost business opportunities, exemplary, punitive, special, incidental, indirect or consequential damages, each of
    which is waived by both Merchant and Guarantor(s). In the event these claims are nonetheless raised, Merchant and Guarantor(s) will
    be jointly and severally liable for all of PMF attorney’s fees and expenses resulting therefrom.
	 	 
	1.9	Reliance
    on Terms. Section 1.1, 1.6, 1.7, 1.8, and 2.5 of this Agreement are agreed to for the benefit of Merchant, PMF, Processor,
    and Merchant’s bank and notwithstanding the fact that Processor, and Merchant’s bank and notwithstanding the fact that
    Processor and the bank is not a party of this Agreement, Processor and the bank may rely upon their terms and raise them as a defense
    in any action.
	 	 
	1.10	Sale
    of Receipts. Merchant and PMF agree that the Purchase Price under this Agreement is in exchange for the Purchased Amount, and
    that such Purchase Price is not intended to be, nor shall it be construed as a loan from PMF to Merchant. Merchant agrees that the
    Purchase Price is in exchange for the Receipts pursuant to this Agreement, and that it equals the fair market value of such Receipts.
    PMF has purchased and shall own all the Receipts described in this Agreement up to the full Purchased Amount as the Receipts are
    created. Payments made to PMF in respect to the full amount of the Receipts shall be conditioned upon Merchant’s sale of products
    and services, and the payment therefore by Merchant’s customers. In no event shall the aggregate of all amounts or any portion
    thereof be deemed as interest hereunder, and in the event it is found to be interest despite the parties hereto specifically
    representing that it is NOT interest, it shall be found that no sum charged or collected hereunder shall exceed the highest rate
    permissible at law. In the event that a court nonetheless determines that PMF has charged or received interest hereunder in excess
    of the highest applicable rate, the rate in effect hereunder shall automatically be reduced to the maximum rate permitted
    by applicable law and PMF shall promptly refund to Merchant any interest received by PMF in excess of the maximum lawful rate, it
    being intended that Merchant not pay or contract to pay, and that PMF not receive or contract to receive, directly or indirectly
    in any manner whatsoever, interest in excess of that which may be paid by Merchant under applicable law. As a result thereof, Merchant
    knowingly and willingly waives the defense of Usury in any action or proceeding.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	3

 

    	 

     

    

 

 

	1.11	Power
    of Attorney. Merchant irrevocably appoints PMF as its agent and attorney-in-fact with full authority to take any action or execute
    any instrument or document to settle all obligations due to PMF from Processor, or in the case of a violation by Merchant of Section
    1 or the occurrence of an Event of Default under Section 3 hereof, including without limitation (i) to obtain and adjust insurance;
    (ii) to collect monies due or to become due under or in respect of any of the Collateral; (iii) to receive, endorse, and collect
    any checks, notes, drafts, instruments, documents, or chattel paper in connection with clause (i) or (ii) of this section; (iv) to
    sign Merchant’s name on any invoice, bill of lading, or assignment directing customers or account debtors to make payment directly
    to PMF; (v) to contact Merchant’s banks and financial institutions using Merchant and Guarantor(s) personal information
    to verify the existence of an account and obtain account balances; (vi) to file any claims or take any action or institute any
    proceeding which PMF may deem necessary for the collection of any of the unpaid Purchased Amount from the Collateral, or otherwise
    to enforce its rights with respect to payment of the Purchased Amount. In connection therewith, all costs, expenses, and fees, including
    legal fees, shall be payable by Merchant.
	 	 
	1.12	Protections
    Against Default. The following Protections 1 through 8 may be invoked by PMF immediately and without notice to Merchant in the
    event: (a) Merchant takes any action to discourage the use of electronic processing that are settled through Processor, or permits
    any event to occur that could have an adverse effect on the use, acceptance, or authorization of checks or other payments or
    deposits for the purchase of Merchant’s services and products including but not limited to direct deposit of any checks into
    a bank account without scanning into the PMF electronic check processor; (b) Merchant changes its arrangements with Processor or
    the Bank in any way that is adverse or unacceptable to PMF; (c) Merchant changes the electronic check processor through which the
    Receipts are settled from Processor to another electronic check processor, or permits any event to occur that could cause diversion
    of any of Merchant’s check or deposit transactions to another processor; (d) Merchant intentionally interrupts the operation
    of its business, transfers, moves, sells, disposes, or otherwise conveys its business and/or assets without (i) the express prior
    written consent of PMF, and (ii) the written agreement of any purchaser or transferee to the assumption of all of Merchant’s
    obligations under this Agreement pursuant to documentation satisfactory to PMF; (e) Merchant takes any action, fails to take any
    action, or offers any incentive—economic or otherwise—the result of which will be to induce any customer or customers
    to pay for Merchant’s services with any means other than payments, checks, or deposits that are settled through Processor;
    or (f) Merchant fails to provide PMF with copies of any documents related to Merchant’s card processing activity of financial
    and banking affairs within five (5) days after a request from PMF. These protections are in addition to any other remedies
    available to PMF at law, in equity, or otherwise pursuant to this Agreement.

 

Protection
1. The full uncollected Purchased Amount plus all fees (including reasonable attorney’s fees) due under this Agreement and
the attached Security Agreement become due and payable in full immediately.

 

Protection
2. PMF may enforce the provisions of the Limited Personal Guaranty of Performance against the Guarantor(s).

 

Protection
3. Merchant hereby authorizes PMF to execute in the name of the Merchant a Confession of Judgment in favor of PMF in the amount of
Purchased Amount stated in the Agreement. Upon an Event of Default, PMF may enter that Confession of Judgment as a Judgment with the
Clerk of any Court and execute thereon.

 

Protection
4. PMF may enforce its security interest in the Collateral.

 

Protection
5. The entire Purchased Amount and all fees (including reasonable attorney’s fees) shall become immediately payable to PMF
from Merchant.

 

Protection
6. PMF may proceed to protect and enforce its right and remedies by lawsuit, including but not limited to all reasonable attorney’s
fees and court costs.

 

Protection
7. This Agreement shall be deemed Merchant’s Assignments of Merchant’s Lease of Merchant’s business premises to
PMF. Upon breach of any violation of this Agreement, PMF may exercise its rights under this Assignment of Lease without prior notice
to Merchant.

 

Protection
8. PMF may debit Merchant’s depository accounts wherever situated by means of ACH debit or facsimile signature on a computer
generated check drawn on Merchant’s bank account or otherwise for all sums due to PMF.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	4

 

    	 

     

    

 

 

	1.13	Protection
    of Information. Merchant and each person signing this Agreement on behalf of Merchant and/or as Owner or Guarantor, in respect
    of himself or herself personally, authorizes PMF to disclose information concerning Merchant’s and each Owner’s and each
    Guarantor’s credit standing (including credit bureau reports that PMF obtains) and business conduct only to agents, affiliates,
    subsidiaries, and credit reporting bureaus. Merchant and each owner and each Guarantor hereby and each waives to the maximum extent
    permitted by law any claim for damages against PMF or any of its affiliates relating to any (i) investigation undertaken by
    or on behalf of PMF as permitted by this Agreement, or (ii) disclosure of information as permitted by this Agreement.
	 	 
	1.14	Confidentiality.
    Merchant understands and agrees that the terms and conditions of the products and services offered by PMF, including this
    Agreement and any other PMF documents (collectively, “Confidential Information”) are proprietary and confidential
    information of PMF. Accordingly, unless disclosure is required by law or court order, Merchant shall not disclose Confidential
    Information of PMF to any person other than an attorney, accountant, financial advisor or employee of Merchant who needs to
    know such information solely for the purpose of advising Merchant and first agrees in writing to be bound by the terms of this
    section. A breach hereof entitles PMF to not only damages and reasonable attorney’s fees but also to both a Temporary Restraining
    Order and a Preliminary Injunction without Bond or Security.
	 	 
	1.15	Publicity.
    Merchant and each of Merchant’s Owners and Guarantors hereto all hereby authorizes PMF to use its, his, or her name in
    listing of clients and in advertising materials and marketing materials.
	 	 
	1.16	D/B/A’s.
    Merchant hereby acknowledges and agrees that PMF may be using “doing business as” or “d/b/a” names in
    connection with various matters relating to the transaction between PMF and Merchant, including the filing of UCC-1 financing
    statements and other notices or filings.
	 	 
	1.17	This
    advance is made pursuant to the Premium Merchant Funding heter iska and shall not in any way impair the rights of the seller/merchant.

 

	2	REPRESENTATIONS,
                                            WARRANTIES, AND COVENANTS

 

Merchant
represents warrants and covenants that, as of this date and during the term of this Agreement:

 

	2.1	Financial
    Condition and Financial Information. Merchant’s and Guarantor’s bank and financial statements, copies of which
    have been furnished to PMF, and future statements which will be furnished hereafter at the discretion of PMF, fairly represent the
    financial condition of Merchant at such dates, and since those dates there has been no material adverse changes, financial
    or otherwise, in such condition, operation or ownership of Merchant. Merchant and Guarantors have a continuing, affirmative
    obligation to advise PMF of any material adverse change in their financial condition, operation or ownership. PMF may request
    statements at any time during the performance of this Agreement and the Merchant and Guarantors shall provide them to PMF within
    five (5) business days after request from PMF. Merchant’s or Guarantor’s failure to do so is a material breach of
    this Agreement.
	 	 
	2.2	Government
    Approvals. Merchant is in compliance and shall comply with all laws and has valid permits, authorizations, and licenses to own,
    operate, and lease its properties and to conduct the business in which it is presently engaged and/or will engage in hereafter.
	 	 
	2.3	Authorization.
    Merchant, and the person(s) signing this Agreement on behalf of Merchant, have full power and authority to incur and perform
    the obligations under this Agreement, all of which have been duly authorized.
	 	 
	2.4	Use
    of Funds. Merchant agrees that it shall use the Purchase Price for business purposes and not for personal, family, or household
    purposes.
	 	 
	2.5	Electronic
    Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank
    account(s) or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement,
    without PMF’s prior written consent. Any such changes shall be a material breach of this Agreement.
	 	 
	2.6	Change
    of Name or Location. Merchant will not conduct Merchant’s businesses under any name other than as disclosed to the Processor
    and PMF, nor shall Merchant change any of its places of business without prior written consent by PMF.
	 	 
	2.7	Daily
    Batch Out. Merchant will batch out receipts with the Processor on a daily basis if applicable.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	5

 

    	 

     

    

 

 

	2.8	Estoppel
    Certificate. Merchant will at every and all times, and from time to time, upon at least one (1) day’s prior notice
    from PMF to Merchant, execute, acknowledge, and deliver to PMF and/or to any other person, firm or corporation specified
    by PMF, a statement certifying that this Agreement is unmodified and in full force and effect (or, if there have been modifications,
    that the same is in full force and effect as modified and stating the modifications) and stating the dates which the
    Purchased Amount or any portion thereof has been repaid.
	 	 
	2.9	No
    Bankruptcy. As of the date of this Agreement, Merchant is not insolvent and does not contemplate filing for bankruptcy in
    the next six months and has not consulted with a bankruptcy attorney or filed any petition for bankruptcy protection under Title
    11 of the United States Code and there has been no involuntary petition brought or pending against Merchant. Merchant further warrants
    that it does not anticipate filing any such bankruptcy petition and it does not anticipate that an involuntary petition will
    be filed against it.
	 	 
	2.10	Unencumbered
    Receipts. Merchant has good, complete, unencumbered, and marketable title to all Receipts, free and clear of any and all liabilities,
    liens, claims, changes, restrictions, conditions, options, rights, mortgages, security interests, equities, pledges, and encumbrances
    of any kind or nature whatsoever or any other rights or interests that may be inconsistent with the transactions contemplated with,
    or adverse to the interests of PMF.
	 	 
	2.11	Business
    Purpose. Merchant is a valid business in good standing under the laws of the jurisdictions in which it is organized and/or operates,
    and Merchant is entering into this Agreement for business purposes and not as a consumer for personal, family, or household purposes.
	 	 
	2.12	Defaults
    Under Other Contracts. Merchant’s execution of, and/or performance under this Agreement, will not cause or create an event
    of default by Merchant under any contract with another person or entity.
	 	 
	2.13	Good
    Faith. Merchant Guarantors hereby affirm that Merchant is receiving the Purchase Price and selling PMF the Purchased Amount
    in good faith and will use the Purchase Price funds to maintain and grow the Merchant’s business.

 

	3	EVENTS OF DEFAULT AND REMEDIES

 

	3.1	Events
    of Default. The occurrence of any of the following events shall constitute an “Event of Default” hereunder:
	 	 
	3.1.1	Merchant
    or Guarantor shall violate any term or covenant in this Agreement;
	 	 
	3.1.2	Any
    representation or warranty by Merchant in this Agreement shall prove to have been incorrect, false, or misleading in any material
    respect when made;
	 	 
	3.1.3	The
    sending of notice of termination by Merchant or verbally notifying PMF of its intent to breach this Agreement;
	 	 
	3.1.4	The
    Merchant fails to give PMF 24 hours advance notice that there will be insufficient funds in the account such that the ACH of
    the specific daily amount will not be honored by Merchant’s bank, and the Merchant fails to supply all requested documentation
    and allow for daily monitoring of its bank account;
	 	 
	3.1.5	Merchant
    shall transfer or sell all or substantially all of its assets;
	 	 
	3.1.6	Merchant
    shall make or send notice of any intended bulk sale or transfer by Merchant;
	 	 
	3.1.7	Merchant
    shall use multiple depository accounts without the prior written consent of PMF;
	 	 
	3.1.8	Merchant
    shall change its depositing account without the prior written consent of PMF; or
	 	 
	3.1.9	Merchant
    shall close its depositing account used for ACH debits without the prior written consent of PMF;
	 	 
	3.1.10	Merchant’s
    bank returns a code other than NSF cutting PMF from its collections;
	 	 
	3.1.11	Merchant
    shall default under any of the terms, covenants, and conditions of any other agreement with PMF.
	 	 
	3.2	Limited
    Personal Guaranty. If an Event of Default occurs, PMF will enforce its rights against the Guarantors of this transaction. Said
    Guarantors will be jointly and severally liable to PMF for all of PMF’s losses and damages, in addition to all costs and expenses
    and legal fees associated with such enforcement.
	 	 
	3.3	Remedies.
    In case any Event of Default occurs and is not waived pursuant to Section 4.4 hereof, PMF may proceed to protect and enforce
    its rights or remedies by suit in equity or by action at law, or both, whether for the specific performance of any covenant,
    agreement, or other provision contained herein, or to enforce the discharge of Merchant’s obligations hereunder (including
    the Guaranty) or any other legal or equitable right or remedy. All rights, powers, and remedies of PMF in connection with this Agreement
    may be exercised at any time by PMF after the occurrence of an Event of Default, are cumulative and not exclusive, and shall be in
    addition to any other rights, powers, or remedies provided by law or equity.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	6

 

    	 

     

    

 

 

	3.4	Costs.
    Merchant shall pay to PMF all reasonable costs associated with (a) an Event of Default; (b) breach by Merchant of the Covenants
    in this Agreement and the enforcement thereof; and (c) the enforcement of PMF’s remedies set forth in this Agreement, including
    but not limited to court costs and attorney’s fees.
	 	 
	3.5	Required
    Notifications. Merchant is required to give PMF written notice within 24 hours of any filing under Title 11 of the
    United States Code. Merchant is required to give PMF seven days’ written notice prior to the closing of any sale of all or
    substantially all of the Merchant’s assets or stock.

 

	4	MISCELLANEOUS

 

	4.1	Modifications;
    Agreements. No modification, amendment, waiver, or consent of any provision of this Agreement shall be effective unless
    the same shall be in writing and signed by PMF.
	 	 
	4.2	Assignment.
    PMF may assign, transfer, or sell its rights to receive the Purchased Amount or delegate its duties hereunder, either in whole
    or in part.
	 	 
	4.3	Notices.
    All notices, requests, demands, and other communications hereunder, including disputes or inaccuracies concerning information
    furnished to credit reporting agencies shall be, unless otherwise provided herein, in writing and shall be delivered by certified
    mail, courier overnight delivery or hand delivery, to the respective parties to this Agreement at their respective addresses in this
    Agreement or at such other address that either party specifically requests from the other in writing that notice be provided
    from time to time.
	 	 
	4.4	Waiver
    Remedies. No failure on the part of PMF to exercise, and no delay in exercising any right under this Agreement shall operate
    as a waiver thereof, nor shall any single or partial exercise of any right under this Agreement preclude any other further exercise
    thereof or the exercise of any other right. The remedies provided hereunder are cumulative and not exclusive of any remedies provided
    by law or equity.
	 	 
	4.5	Binding
    Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of Merchant, PMF, and their respective
    successors and assigns, except that Merchant shall not have the right to assign its rights hereunder or any interest herein without
    the prior written consent of PMF, whose consent may be withheld in PMF’s sole discretion. PMF reserves the right to assign
    this Agreement with or without prior written notice to Merchant.
	 	 
	4.6	Survival
    of Representation. All representations, warranties, and covenants herein shall survive the execution and delivery of this Agreement
    and shall continue in full force until all obligations of this Agreement shall have been satisfied in full and this Agreement
    shall have terminated.
	 	 
	4.7	Interpretation.
    All parties hereto have reviewed this Agreement with an attorney of their own choosing and have relied only on their own attorney’s
    guidance and advice. No construction determinations shall be made against either Party hereto as drafter.
	 	 
	4.8	Severability.
    In case any of the provisions in this Agreement is found to be invalid, illegal, or unenforceable in any respect, the validity,
    legality, and enforceability of any other provision contained herein shall not in any way be affected or impaired.
	 	 
	4.9	Entire
    Agreement. Any provision hereof prohibited by law shall be ineffective only to the extent of such prohibition without invalidating
    the remaining provisions hereof.
	 	 
	4.10	JURY
    TRIAL WAIVER. THE PARTIES HERETO WAIVE TRIAL BY JURY IN ANY COURT IN CONNECTION WITH ANY DISPUTE, AS THE TERM “DISPUTE”
    IS DEFINED IN SECTION 5.1 HEREIN, EXCEPT WHERE SUCH WAIVER IS PROHIBITED BY LAW OR AGAINST PUBLIC POLICY. THIS WAIVER IS MADE KNOWINGLY,
    WILLINGLY, AND VOLUNTARILY AND WITHOUT DURESS, AND AFTER EACH PARTY’S CONSULTATION WITH ITS RESPECTIVE ATTORNEY(S).
	 	 
	4.11	CLASS
    ACTION WAIVER. THE PARTIES WAIVE ANY RIGHT TO ASSERT ANY CLAIMS AGAINST THE OTHER PARTY AS A REPRESENTATIVE OR MEMBER IN ANY
    CLASS OR REPRESENTATIVE ACTION, EXCEPT WHERE SUCH WAIVER IS PROHIBITED BY LAW OR AGAINST PUBLIC POLICY. TO THE EXTENT EITHER PARTY
    IS PERMITTED BY LAW OR COURT OF LAW TO PROCEED WITH A CLASS OR REPRESENTATIVE ACTION AGAINST THE OTHER, THE PARTIES AGREE THAT: (1)
    THE PREVAILING PARTY SHALL NOT BE ENTITLED TO RECOVER ATTORNEY’S FEES OR COSTS ASSOCIATED WITH PURSUING THE CLASS OR REPRESENTATIVE
    ACTION (NOTWITHSTANDING ANY OTHER PROVISION IN THIS AGREEMENT); AND (2) THE PARTY WHO INTIATES OR PARTICIPATES AS A MEMBER OF THE
    CLASS WILL NOT SUBMIT A CLAIM OR OTHERWISE PARTICIPATE IN ANY RECOVERY SECURED THROUGH THE CLASS OR REPRESENTATIVE ACTION.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	7

 

    	 

     

    

 

 

	4.12	Limitation
    of Liability. In no event will PMF be liable for any claims asserted by Merchant or Guarantor under any theory of law including
    any tort or contract theory for lost profits, lost revenues, lost business opportunities, exemplary, punitive, special, incidental,
    indirect, or consequential damages, each of which is hereby expressly waived to the fullest extent permitted by law by Seller and
    Guarantor(s). PMF is not responsible and shall not be liable for any claims, losses, or other damages under any agreement of Merchant
    or Guarantor(s) with any third party, and Merchant hereby agrees to hold PMF harmless from any and all such liabilities.
	 	 
	4.13	Facsimile
    & Digital Acceptance. Facsimile signatures and digital signatures hereon shall be deemed acceptable for all purposes.

 

	5	ARBITRATION
    AND DISPUTE RESOLUTION

 

	5.1	Agreement
    to Arbitrate All Disputes. “PMF” and “Merchant” agree that any Dispute shall be resolved by final
    and binding arbitration. The term “Dispute” is defined in the broadest possible manner and includes any and all
    claims or controversies arising out of or in any way related to this Agreement, Security Agreement and/or guaranty (collectively
    “Agreement”) or the relationship between PMF and Merchant, whether arising from or relating to the Agreement itself,
    or arising from alleged extra-contractual facts prior to, during, or subsequent to the Agreement, and whether involving claimed grounded
    in contract, tort, or other theory of law or equity. Dispute also includes any and all claims or controversies concerning the scope,
    validity, and enforceability of this Arbitration and Dispute Resolution provision. The Parties agree to arbitrate all threshold questions
    of arbitrability, including but not limited to whether this Arbitration and Dispute Resolution provision is enforceable. The phrase
    “Arbitration and Dispute Resolution provision” shall refer to the entire Section 5 (5.1-5.13).
	 	 
	5.2	Governing
    Law. This Arbitration and Dispute Resolution provision shall be governed by the Federal Arbitration Act, 9 U.S.C. SECTION 1-16
    (“FAA”). In the event a final, binding, and non-appealable judgment finds that the FAA does not apply, this
    Arbitration and Dispute Resolution provision shall be governed by the arbitration law of the State of New York. All Disputes other
    than Disputes over this Arbitration and Dispute Resolution shall be governed by the substantive law of the State of New York, regardless
    of the rules of conflict of laws and regardless of the legal theory which such matter is asserted.
	 	 
	5.3	Class
    Action Waiver / Bilateral Arbitration. The Parties waive any ability to participate in a class action litigation or class-wide
    arbitration in any other capacity, including but not limited to, as a class representative or private attorney general. The arbitrator
    therefore has no authority to order or permit class litigation or class arbitration. The Parties also waive any ability to join or
    consolidate their Dispute with other persons or entities. The arbitrator therefore has no authority to order or permit the Parties
    to join or consolidate claims or Disputes with the claims or disputes of other persons or entities.
	 	 
	5.3	Class
    Action Waiver / Bilateral Arbitration. The Parties waive any ability to participate in a class action litigation or class-wide
    arbitration in any other capacity, including but not limited to, as a class representative or private attorney general. The arbitrator
    therefore has no authority to order or permit class litigation or class arbitration. The Parties also waive any ability to join or
    consolidate their Dispute with other persons or entities. The arbitrator therefore has no authority to order or permit the Parties
    to join or consolidate claims or Disputes with the claims or disputes of other persons or entities.
	 	 
	5.4	Choice
    of Arbitrator / Rules of Arbitration. To initiate arbitration, the initiating Party shall send the opposite Party written notice
    by certified mail, return receipt requested, of the Party’s intent to arbitrate, even if a lawsuit has been filed.
    This notice must set forth the subject matter of the Dispute along with the relief requested. Regardless of who demands arbitration,
    Merchant shall have the right to select either of the following arbitration organizations to administer the arbitration: the American
    Arbitration Association (“AAA”) (1-800-778-7879) (http://www.adr.org) or JAMS (1-800-352-5267) (http://www.jamsadr.com).
    In any case, the arbitration is to be venued in the City and State of New York. The Party receiving notice of arbitration shall respond
    in writing by certified mail, return receipt requested, within twenty (20) days. If Merchant demands arbitration, Merchant must
    inform PMF of Merchant’s selection of an arbitration organization in Merchant’s demand notice. If PMF demands arbitration,
    Merchant must notify PMF within twenty (20) days in writing by certified mail return receipt requested of the arbitration organization,
    the AAA or JAMS, that Merchant selects. If Merchant fails to notify PMF in this manner then PMF has the right to select the arbitration
    organization. Arbitration proceedings will be governed by the commercial arbitration rules and procedures of the selected arbitration
    organization or arbitrator, except to the extent such rules and procedures contradict the terms of this Arbitration and Dispute Resolution
    provision, including the limitations on the arbitrator above and below. Merchant must send any arbitration demand and notice of intent
    to arbitrate to PMF, c/o its attorneys, Joseph I. Sussman, P.C., 333 Pearsall Ave, Suite 205, Cedarhurst, NY 11516.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	8

 

    	 

     

    

 

 

	5.5	Arbitration
    Fees. Regardless of who demands arbitration, upon Merchant’s request, PMF will advance Merchant’s portion of the
    arbitration expenses, including the filing, administrative, hearing, and arbitrator’s fees (“Arbitration Fees”).
    If the arbitrator renders a decision or an award in Merchant’s favor resolving the Dispute, then Merchant will not be responsible
    for reimbursing PMF for Merchant’s portion of the Arbitration Fees that were advanced (if any) by PMF, and PMF will reimburse
    Merchant for any Arbitration Fees Merchant had previously paid. If the arbitrator renders a decision or an award in favor of PMF,
    then the arbitrator may require Merchant to reimburse PMF for any Arbitration Fees that were advanced on Merchant’s behalf,
    less any Arbitration Fees Merchant had previously paid.
	 	 
	5.6	Who
    May Enforce this Arbitration Provision. For purposes of this Arbitration and Dispute Resolution provision, “Merchant”
    refers to Merchant and Merchant’s heirs, successors, assigns, personal representatives, guardians, and/or bankruptcy trustees.
    For purposes of this Arbitration and Dispute Resolution provision, “Merchant” also refers to Guarantor and Guarantor’s
    heirs, successors, assigns, personal representatives, guardians, and/or bankruptcy trustees. For purposes of this Arbitration and
    Dispute Resolution provision “PMF” refers to PMF and PMF’s employees, agents, directors, officers, shareholders,
    governors, managers, members, parent companies, subsidiaries, affiliated entities, attorneys, predecessors, successors, assigns,
    heirs, and successors. PMF does not consent, and nothing in this Arbitration and Dispute Resolution provision shall be deemed a consent
    by PMF, to arbitrate any dispute with any person or entity other than Merchant, as defined herein.
	 	 
	5.7	Survival
    and Severability of Arbitration and Dispute Resolution. This Arbitration and Dispute Resolution provision will survive: (1) termination
    or changes in this Agreement; (2) any change in the relationship between PMF and Merchant; (3) the bankruptcy of PMF or Merchant;
    and (4) any transfer, sale, or assignment of this Agreement. If any part of this Arbitration and Dispute Resolution is held invalid,
    the remainder shall remain in full force and effect. That notwithstanding, if any final, binding, and non-appealable judgment
    finds that this Arbitration and Dispute Resolution provision cannot be enforced without permitting class arbitration or consolidated
    proceedings, the entirety of the Parties’ arbitration obligations under the Arbitration and Dispute Resolution provision shall
    be null and void and neither PMF nor Merchant shall be entitled to arbitrate claims or Dispute. Any judgment finding that this
    Arbitration and Dispute Resolution provision cannot be enforced without permitting class arbitration or consolidated proceedings
    shall not be binding in any proceedings involving persons or entities who were not parties to that judgment. The decision of any
    Party not to demand compliance with any portion of this Arbitration and Dispute Resolution provision shall not waive the Party’s
    right to demand compliance with any other portion of this Arbitration and Dispute Resolution provision.
	 	 
	5.8	LIMITATION
    OF ACTION. MERCHANT AND GUARANTOR SHALL COMMENCE ANY DISPUTE BASED ON ANY CAUSE OF ACTION WITHIN ONE YEAR OF THE ACCRUAL OF THAT
    CAUSE OF ACTION AND NO SUCH DISPUTE MAY BE MAINTAINED WHICH IS NOT COMMENCED WITHIN THAT PERIOD.
	 	 
	5.9	Judicial
    Review. Any party to an arbitration award may file such award in any state or federal court located in the State and County
    of New York. Any party to an award may seek confirmation, modification, or vacatur of the award as provided for by the
    FAA. Without otherwise limiting or affecting this right to judicial review, Parties also have the right to seek judicial review
    of any ruling by the arbitrator that class arbitration, class litigation, joinder of claims, or consolidation of proceedings is permitted
    or required.
	 	 
	5.10	Arbitration
    Carve-Out / Permitted Court Action. Notwithstanding the arbitration obligations set forth in this Arbitration and Dispute Resolution
    provision, the Parties shall be permitted to seek and obtain monetary relief, in aggregate, up to an amount equal to the Purchase
    Amount plus an additional 40% thereof, by filing and maintaining and individual (i.e. bilateral; not class, joined, or consolidated)
    court action concerning a Dispute in a state or federal court located in the State and City of New York (“Permitted Court Action”).
    Merchant and Guarantor consent to the jurisdiction of those particular courts, and expressly waives any objection based on forum
    non conveniens, and agrees that such courts shall be the exclusive forum for any Permitted Court Action concerning any Dispute, notwithstanding
    that other courts may have jurisdiction over the parties and the subject matter.
	 	 
	5.11	Method
    of Service. For any Permitted Court Action, as such term is defined above, PMF may serve Merchant and/or Guarantor with
    process via certified mail by depositing into a United States Postal Service depository, a properly postaged envelope addressed
    to Merchant and Guarantor’s respective addresses listed herein (or such other address that such party specifically requests
    in writing that PMF substitute in place of the address listed herein).
	 	 
	5.12	Attorney’s
    Fees. In the event PMF retains counsel with respect to any Dispute, Merchant and Guarantor agree to pay all expenses of PMF in
    enforcing its rights under this Agreement (including expenses incurred in taking possession, holding, preparing for disposition,
    and disposing of the Collateral) which expenses include PMF’s reasonable attorney’s fees (whether or not an action is
    commenced, whether in settlement or trial, and whether or not in the court of original jurisdiction, appellate court, bankruptcy
    court or otherwise), court costs, fees, expenses, and all costs of collection of any judgment and any costs of appeal.
	 	 
	5.13	Interpreting
    this Arbitration Provision. The purpose of this Arbitration and Dispute Resolution provision is to give binding effect to
    the Parties’ intent to resolve all Disputes through binding bilateral arbitration except to the extent of a Permitted Court
    Action. Any ambiguities in this Arbitration and Dispute Resolution provision should be construed in favor of effectuating this
    intent. Similarly, the terms “and,” “or,” and “and/or” should be construed conjunctively or disjunctively
    or both conjunctively and disjunctively, as appropriate, in order to effectuate this intent.
	 	 
	5.14	Right
    to Negotiate. For a limited period of time described below, Merchant and Guarantor may negotiate certain terms and conditions
    of this Agreement; Merchant and Guarantor are not required to accept certain of the terms and conditions as they currently appear
    in this Agreement. Merchant and Guarantor may each negotiate on the Arbitration and Dispute Resolution provisions, or the jury trial
    or class action waiver, or other waiver provisions of this Agreement, by providing a written notice signed by such Party stating
    the particular provision(s) it/he/she wishes to negotiate on, provided that such notice is delivered to PMF no later than 24 hours
    following the negotiating party’s execution of this Agreement, and further provided that the notice is delivered via email
    to the following email address: info@pmfus.com with the following words in the subject: “Request to Negotiate Terms of Agreement.”
    PMF will not honor any request under this provision unless the above-stated conditions are strictly complied with. Upon PMF’s
    receipt of a timely request under this provision, the Parties shall endeavor to promptly negotiate in good faith alternative terms
    and conditions as may be mutually agreeable. In the event that the Parties are unable to reach an agreement on alternative terms
    and conditions following good faith negotiations, any Party shall have the right to rescind this Agreement, whereby each Party shall
    be restored to its original positions prior to entering into this Agreement. Please seek the advice of legal counsel to carefully
    review and consider this option.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	9

 

    	 

     

    

 

 

Security
Agreement And Guarantee

 

 

SECURITY
AGREEMENT

 

Security
Interest. This Agreement will constitute a security agreement under the Uniform Commercial Code. Merchant and Guarantor(s) grants
to PMF a security interest in and lien upon: (a) all accounts, chattel paper, documents, equipment, general intangibles, instruments,
and inventory, as those terms are each defined in Article 9 of the Uniform Commercial Code (“UCC”), now or hereafter
owned or acquired by Merchant and/or Guarantor(s), (b) all proceeds, as that term is defined in Article 9 of the UCC (c) all funds
at any time in the Merchant’s and/or Guarantor(s) Account, regardless of the source of such funds, (d) present and future Electronic
Check Transactions, and (e) any amount which may be due to PMF under this Agreement, including but not limited to all rights to receive
any payments or credits under this Agreement (collectively, the “Secured Assets”). Merchant agrees to provide other security
to PMF upon request to secure Merchant’s obligations under this Agreement. Merchant agrees that, if at any time there are insufficient
funds in Merchant’s Account to cover PMF’s entitlements under this Agreement, PMF is granted a further security interest
in all of Merchant’s assets of any kind whatsoever, and such assets shall become the Secured Assets. These security interests and
liens will secure all of PMF’s entitlements under this Agreement and any other agreements now existing or later entered into between
Merchant, PMF, or an affiliate of PMF is authorized to file any and all notices or filings it deems necessary or appropriate
to enforce its entitlements hereunder.

 

This
security interest may be exercised by PMF without notice or demand of any kind by making an immediate withdrawal or freezing the Secured
Assets. PMF shall have the right to notify account debtors at any time. Pursuant to Article 9 of the Uniform Commercial Code, as amended
from time to time, PMF has control over and may direct the disposition of the Secured Assets, without further consent of Merchant. Merchant
hereby represents and warrants that no other person or entity has a security interest in the Secured Assets.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM 	10

 

    	 

     

    

 

 

With
respect to such security interests and liens, PMF will have all rights afforded under the Uniform Commercial Code, any other applicable
law and in equity. Merchant will obtain from PMF written consent prior to granting a security interest of any kind in the Secured Assets
to a third party. Merchant and Guarantor (s) agree(s) that this is a contract of recoupment and PMF is not required to file a motion
for relief from a bankruptcy action automatic stay to realize on any of the Secured Assets. Nevertheless, Merchant and Guarantor(s) agree(s)
not to contest or object to any motion for relief from the automatic stay filed by PMF. Merchant and Guarantor(s) agree(s) to execute
and deliver to PMF such instruments and documents PMF may reasonably request to perfect and confirm the lien, security interest
and right of setoff set forth in this Agreement. PMF is authorized to execute all such instruments and documents in Merchant’s
and Guarantor(s) name.

 

Merchant
and Guarantor(s) each acknowledge and agree that any security interest granted to PMF under any other agreement between Merchant or Guarantor(s)
and PMF (the “Cross-Collateral”) will secure the obligations hereunder and under the Merchant Agreement. Merchant and Guarantor(s)
each agrees to execute any documents or take any action in connection with this Agreement as PMF deems necessary to perfect or maintain
PMF’s first priority security interest in the Collateral and the Additional Collateral, including the execution of any account
control agreements. Merchant and Guarantor(s) each hereby authorizes PMF to file any financing statements deemed necessary
by PMF to perfect or maintain PMF’s security interest. Merchant and Guarantor(s) shall be liable for, and PMF may charge and collect,
all costs and expenses, including but not limited to attorney’s fees, which may be incurred by PMF in protecting, preserving and
enforcing PMF security interest and rights.

 

Negative
Pledge. Merchant and Guarantor(s) each agree to not create, incur, assume, or permit to exist, directly or indirectly, any lien on
or with respect to any of the Collateral or the Additional Collateral, as applicable.

 

Consent
to Enter Premises and Assign Lease. PMF shall have the right to cure Merchant’s default in the payment of rent on the following
terms. In the event Merchant is served with papers in an action against Merchant for nonpayment of rent or for summary eviction, PMF
may execute its rights and remedies under the Assignment of Lease. Merchant also agrees that PMF may enter into an agreement with Merchant’s
landlord giving PMF the right: (a) to enter Merchant’s premises and take possession of the fixtures and equipment therein
for the purpose of protecting and preserving the same; and/or (b) to assign Merchant’s lease to another qualified business
capable of operating a business comparable to Merchant’s at such premises.

 

Remedies.
Upon any Event of Default, PMF may pursue any remedy available at law (including those available under the provisions of the UCC),
or in equity to collect, enforce, or satisfy any obligations then owing to PMF, whether by acceleration or otherwise.

 

GUARANTY

 

THE
TERMS, DEFINITIONS, CONDITIONS AND INFORMATION SET FORTH IN THE “MERCHANT AGREEMENT,” INCLUDING THE “TERMS AND CONDITIONS,”
ARE HEREBY INCORPORATED IN AND MADE A PART OF THIS SECURITY AGREEMENT AND GUARANTY. CAPITALIZED TERMS NOT DEFINED IN THIS SECURITY AGREEMENT
AND GUARANTY, SHALL HAVE THE MEANING SET FORTH IN THE MERCHANT AGREEMENT, INCLUDING THE TERMS AND CONDITIONS.

 

PMF
as an additional inducement for PMF to enter into this Agreement, the undersigned Guarantor(s) hereby provides PMF with this Guaranty.
Guarantor(s) will not be personally liable for any amount due under this Agreement unless Merchant commits an Event of Default pursuant
to Paragraph 3.1 of this Agreement. Each Guarantor shall be jointly and severally liable for all amounts owed to PMF in the Event of
Default. Guarantor(s) guarantee Merchant’s good faith, truthfulness, and performance of all of the representations, warranties,
and covenants made by Merchant in this Agreement as each may be renewed, amended, extended, or otherwise modified (the “Guaranteed
Obligations”). Guarantor’s obligations are due at the time of any breach by Merchant of any representation, warranty, or
covenant made by Merchant in the Agreement.

 

Guarantor
Waivers. In the event of a breach of the above, PMF may seek recovery from Guarantor(s) for all of PMF’s losses and damages
by enforcement of PMF’s rights under this Agreement without first seeking to obtain payment from Merchant, any other guarantor,
or any Collateral or Additional Collateral PMF may hold pursuant to this Agreement or any other Guaranty.

 

PMF
does not have to notify Guarantor of any of the following events and Guarantor will not be released from its obligations under this Agreement
if it is not notified of: (i) Merchant’s failure to pay timely any amount required under the Merchant Agreement; (ii) any
adverse change in Merchant’s financial condition or business; (iii) any sale or other disposition of any collateral securing
the Guaranteed Obligations or any other guaranty of the Guaranteed Obligations; (iv) PMF’s acceptance of this Agreement; and (v)
any renewal, extension or other modification of the Merchant Agreement or Merchant’s other obligations to PMF. In addition,
PMF may take any of the following actions without releasing Guarantor from any of its obligations under this Agreement: (a) renew, extend,
or otherwise modify the Merchant Agreement or Merchant’s other obligations to PMF; (b) release Merchant from its obligations to
PMF; (c) sell, release, impair, waive, or otherwise fail to realize upon any collateral securing the Guaranteed Obligations or any other
guaranty of the Guaranteed Obligations; and (d) foreclose on any collateral securing the Guaranteed Obligations or any other guaranty
of the Guaranteed Obligations in a manner that impairs or precludes the right of Guarantor to obtain reimbursement for payment under
this Agreement. Until the Purchased Amount and Merchant’s other obligations to PMF under the Merchant Agreement and this Agreement
are paid in full, Guarantor shall not seek reimbursement from Merchant or any other guarantor for any amounts paid by it under this Agreement.
Guarantor permanently waives and shall not seek to exercise any of the following rights that it may have against Merchant, any other
guarantor, or any collateral provided by merchant or any other guarantor, for any amounts paid by it, or acts performed by it, under
this Agreement: subrogation, reimbursement, performance, indemnification, or contribution. In the event that PMF must return any
amount paid by Merchant or any other guarantor of the Guaranteed Obligations because that person has become subject to a proceeding under
the United States Bankruptcy Code or any similar law, Guarantor’s obligations under this Agreement shall include that amount.

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM	11

 

    	 

     

    

 

 

Guarantor
Acknowledgement. Guarantor acknowledges that: (i) He/She is bound by the Class Action Waiver provision in the Merchant Agreement
Terms and Conditions; (ii) He/She understands the seriousness of the provisions of this Agreement; (iii) He/She has had a full opportunity
to consult with counsel of his/her choice; and (iv) He/She has consulted with counsel of its choice or has decided not to avail himself/herself
of that opportunity.

 

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM	12

 

    	 

     

    

 

 

Appendix
A: The Fee Structure

 

	a.	Underwriting
    Fee - $ 17,005.00
	 	 
	b.	NSF
    Fee - $ 35.00 each (up to four times only before a default is declared)
	 	 
	c.	Payment
    Stopped Fee - $ 135.00
	 	 
	d.	ACH
    Processing Fee - $ 12.50
	 	 
	e.	UCC
    Filing Fee- $150.00
	 	 
	f.	Default
    Fee - $5,000.00
	 	 
	g.	Financing
    Fee:
	 	 
	 	$5,000
    – $9,999 = $149
	 	$10,000
    – $19,999 = $299
	 	$20,000
    – $49,999 = $699
	 	$50,000
    – $100,000 = $1,299
	 	$100,001-
    $249,999= $1,750
	 	$250,000
    + = 2,995

 

 

	PHONE:
    212-931-6864 	FAX:
    646-780-8724 	EMAIL : INFO@PMFUS.COM 	WWW.PMFUS.COM	13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00343-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00343-of-00352.parquet"}]]