Document:

Exhibit 10.1

 

PROMISSORY
NOTE

 

		$100,000	July 31, 2017

 

NOW
THEREFORE FOR VALUE RECEIVED, the undersigned, Probility Media Corporation, a Nevada corporation
(“Probility”), hereby promises to pay to the order of Ethan Atkin, as Trustee of the Ethan Atkin
Revocable Trust dated February 22, 2007 (“Holder”), One Hundred Thousand Dollars ($100,000)
(the “Principal”), in lawful money of the United States of America, which shall be legal tender,
not bearing interest and payable as provided herein. This Promissory Note (this “Note”) is entered
into to evidence amounts owed to Holder by Probility under that certain Share Exchange Agreement by and between
Probility, Cranbury Associates, LLC, a Vermont limited liability company (“Cranbury”), and Holder,
effective as of May 1, 2017 (the “Share Exchange”). Capitalized terms used herein but not otherwise
defined have the meanings given to such terms in the Share Exchange.

 

1.                 
This Note shall accrue interest at a rate of six percent (6%) per annum (“Interest”), beginning
on August 31, 2017, compounded monthly in arrears. All past-due Principal and Interest (which failure to pay such amounts shall
be defined herein as an “Event of Default”) shall bear interest at the rate of ten percent (10%) per
annum until paid in full (the “Default Rate”).

 

2.                 
Probility agrees to pay the Holder (a) the lesser of (i) $4,152.39; or (ii) the total amount then due under this Note,
per month (each a “Monthly Payment”); payable on or before the last calendar day of each month (each
the “Monthly Payment Date”) towards the outstanding Principal and accrued Interest on this Note (if any),
with the first such Monthly Payment due on November 1, 2017, until the earlier of (i) the Maturity Date (when the entire then outstanding
balance of this Note shall be due and payable), or (ii) the date that the Principal balance and all accrued Interest owed on this
Note has been repaid in full. The “Maturity Date” of this Note shall be November 30, 2019.

 

3.                 
This Note and accrued Interest hereon may be prepaid in whole or in part, at any time and from time to time, without
premium or penalty.

 

4.                 
All payments made by Probility under this Note will be applied: (i) first, to late charges, costs of collection or enforcement,
and similar amounts due, if any, under the Note; (ii) second, to Interest that is due and payable under this Note; and (iii) third,
the remainder to Principal due and payable under this Note.

 

5.                 
If any payment of Principal or Interest on this Note shall become due on a Saturday, Sunday or any other day on which
national banks are not open for business, such payment shall be made on the next succeeding business day.

 

6.                 
This Note shall be binding upon Probility and inure to the benefit of Holder and Holder’s respective successors
and assigns. Each holder of this Note, by accepting the same, agrees to and shall be bound by all of the provisions of this Note.
Holder may assign this Note or any of its rights, interests or obligations to this Note with notice to, but without the prior written
approval of Probility.

 

7.                 
No provision of this Note shall alter or impair the obligation of Probility to pay the Principal and Interest on this
Note at the times, places and rates, and in the coin or currency, herein prescribed.

 

8.                 
Notwithstanding anything to the contrary in this Note or any other agreement entered into in connection herewith, whether
now existing or hereafter arising and whether written or oral, it is agreed that the aggregate of all charges constituting interest,
or adjudicated as constituting Interest, and contracted for, chargeable or receivable under this Note or otherwise in connection
with this loan transaction, shall under no circumstances exceed the Maximum Rate.

 

 

 

 

 

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9.                 
Probility represents and warrants to Holder as follows:

 

(a)              
The execution and delivery by Probility of this Note (i) are within Probility’s power and authority, and (ii) have
been duly authorized by all necessary action.

 

(b)              
This Note is a legally binding obligation of Probility, enforceable against Probility in accordance with the terms hereof,
except to the extent that (i) such enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws
relating to or affecting generally the enforcement of creditors’ rights, and (ii) the availability of the remedy of specific
performance or injunctive or other equitable relief is subject to the discretion of the court before which any proceeding therefore
may be brought.

 

10.             
If an Event of Default (as defined herein) occurs (unless all Events of Default have been cured or waived by Holder),
Holder may, by written notice to Probility, declare the Principal and all other amounts payable on, this Note to be immediately
due and payable (“Acceleration”). The following events and/or any other Events of Default defined elsewhere
in this Note are “Events of Default” under this Note:

 

(a)              
Probility shall fail to pay, when and as due, the Principal or Interest payable hereunder within ten (10) days from the
due date of such payment; or

 

(b)              
Probility shall have breached in any material respect any term, condition or covenant in this Note, and, with respect to
breaches capable of being cured, such breach shall not have been cured within fifteen (15) days following the occurrence of such
breach; or

 

(c)              
Probility shall: (i) make an assignment for the benefit of creditors, file a petition in bankruptcy, petition or apply to
any tribunal for the appointment of a custodian, receiver or a trustee for it or a substantial portion of its assets; (ii) commence
any proceeding under any bankruptcy, reorganization, arrangement, readjustment of debt, dissolution or liquidation or statute of
any jurisdiction, whether now or hereafter in effect; (iii) have filed against it any such petition or application in which an
order for relief is entered or which remains undismissed for a period of ninety (90) days or more; (iv) indicate its consent to,
approval of or acquiescence in any such petition, application, proceeding or order for relief or the appointment of a custodian,
receiver or trustee for it or a substantial portion of its assets; or (v) suffer any such custodianship, receivership or trusteeship
to continue undischarged for a period of ninety (90) days or more; or

 

(d)              
the dissolution or liquidation of Probility; or

 

(e)              
Probility shall take any action authorizing, or in furtherance of, any of the foregoing.

 

11.             
In case any one or more Events of Default shall occur and be continuing, Holder may proceed to protect and enforce its
rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement
contained herein or for an injunction against a violation of any of the terms hereof, or in aid of the exercise of any power granted
hereby or thereby or by law or otherwise. In case of a default in the payment of any Principal or Interest of or premium, if any,
Probility will pay to Holder such further amount as shall be sufficient to cover the reasonable cost and expenses of collection,
including, without limitation, reasonable attorneys’ fees, expenses and disbursements. No course of dealing and no delay
on the part of Holder in exercising any right, power or remedy shall operate as a waiver thereof or otherwise prejudice Holder’s
rights, powers or remedies. No right, power or remedy conferred by this Note upon Holder shall be exclusive of any other right,
power or remedy referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise. Holder
shall also have such other rights as described herein.

 

12.             
If from any circumstance any holder of this Note shall ever receive interest or any other charges constituting interest,
or adjudicated as constituting interest, the amount, if any, which would exceed the Maximum Rate shall be applied to the reduction
of the Principal amount owing on this Note, and not to the payment of interest; or if such excessive interest exceeds the unpaid
balance of Principal hereof, the amount of such excessive interest that exceeds the unpaid balance of Principal hereof shall be
refunded to Probility. In determining whether or not the interest paid or payable exceeds the Maximum Rate, to the extent permitted
by applicable law (i) any non-Principal payment shall be characterized as an expense, fee or premium rather than as interest; and
(ii) all interest at any time contracted for, charged, received or preserved in connection herewith shall be amortized, prorated,
allocated and spread in equal parts during the period of the full stated term of this Note. The term “Maximum Rate”
shall mean the maximum rate of interest allowed by applicable federal or state law.

 

 

 

 

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13.             
Except as provided herein, Probility and any sureties, guarantors and endorsers of this Note jointly and severally waive
demand, presentment, notice of nonpayment or dishonor, notice of intent to accelerate, notice of acceleration, diligence in collecting,
grace, notice and protest, and consent to all extensions without notice for any period or periods of time and partial payments,
before or after maturity, without prejudice to the holder. Holder shall similarly have the right to deal in anyway, at any time,
with one or more of the foregoing parties without notice to any other party, and to grant any such party any extensions of time
for payment of any of said indebtedness, or to grant any other indulgences or forbearance whatsoever, without notice to any other
party and without in any way affecting the personal liability of any party hereunder. If any efforts are made to collect or enforce
this Note or any installment due hereunder, the undersigned agrees to pay all collection costs and fees, including reasonable attorneys’
fees.

 

14.             
This Note may be executed in several counterparts, each of which is an original. It shall not be necessary in making
proof of this Note or any counterpart hereof to produce or account for any of the other counterparts. A copy of this Note signed
by one party and faxed or scanned and emailed to another party (as a PDF or similar image file) shall be deemed to have been executed
and delivered by the signing party as though an original. A photocopy or PDF of this Note shall be effective as an original for
all purposes.

 

It is the intention of the parties hereto
that the terms and provisions of this Note are to be construed in accordance with and governed by the laws of the State of Nevada.
In the event any claim arising out of or relating to this Note is brought by any of the Cranbury Members, such claim shall only
be brought in the federal or state courts sitting in Harris County, Texas. In the event any claim arising out of or relating to
this Note is brought by the Company or Cranbury, such claim shall be brought only in the state courts sitting in the State of Vermont,
or in the federal courts which have jurisdiction over the State of Vermont. Each of the Parties hereby: (a) irrevocably submits
to the exclusive personal jurisdiction described above, over any claim arising out of or relating to this Note and irrevocably
agrees that all such claims may be heard and determined in such court, as applicable; and (b) irrevocably waives, to the fullest
extent permitted by applicable Law, any objection it may now or hereafter have to the laying of venue in any proceeding brought
in a such applicable court.

 

15.             
The term “Probility” as used herein in every instance shall include Probility’s successors,
legal representatives and assigns, including all subsequent grantees, either voluntarily by act of Probility or involuntarily by
operation of law and shall denote the singular and/or plural and the masculine and/or feminine and natural and/or artificial persons,
whenever and wherever the contexts so requires or properly applies. The term “Holder” as used herein
in every instance shall include Holder’s successors and assigns, as well as all subsequent assignees and endorsees of this
Note, either voluntarily by act of the parties or involuntarily by operation of law. Captions and paragraph headings in this Note
are for convenience only and shall not affect its interpretation.

 

16.             
Anything else in this Note to the contrary notwithstanding, in any action arising out of this Agreement, the prevailing
party shall be entitled to collect from the non-prevailing party all of its attorneys’ fees. For the purposes of this Note,
the party who receives or is awarded a substantial portion of the damages or claims sought in any proceeding shall be deemed the
“prevailing” party and attorneys’ fees shall mean the reasonable fees charged by an attorney or
a law firm for legal services and the services of any legal assistants, and costs of litigation, including, but not limited to,
fees and costs at trial and appellate levels.

 

17.             
In the event any one or more of the provisions contained in this Note shall for any reason be held to be invalid, illegal
or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision hereof, and
this Note shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein.

 

18.             
No modification, amendment, addition to, or termination of this Note, nor waiver of any of its provisions, shall be
valid or enforceable unless in writing and signed by all the parties hereto.

 

19.             
The Note constitutes the entire agreement of the parties regarding the matters contemplated herein, or related thereto,
and supersedes all prior and contemporaneous agreements, and understandings of the parties in connection therewith.

 

20.             
Wherever the context hereof shall so require, the singular shall include the plural, the masculine gender shall include
the feminine gender and the neuter and vice versa. The headings, captions and arrangements used in this Note are for convenience
only and shall not affect the interpretation of this Note.

 

[Remainder
of page left intentionally blank. Signature page follows.]

 

 

 

 

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IN
WITNESS WHEREOF, Probility has duly executed this Note on July _____, 2017. 

 

 

	 	“Probility”
	 	 
	 	Probility Media Corporation
	 	 
	 	 
	 	 
	 	By: /s/ Evan Levine                            
	 	Name: Evan Levine
	 	Title: Chief Executive Officer
	 	 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	4Exhibit 10.2

 

CONSULTING AGREEMENT

 

THIS CONSULTING
AGREEMENT (this “Agreement”) is made this 31st day of July 2017, by and between Probility Media Corp.,
a Nevada corporation (the “Company”), and Ethan Atkin, an individual (the “Consultant”)
(each of the Company and Consultant is referred to herein as a “Party”, and collectively referred to
herein as the “Parties”).

 

W I T N E S S E T H:

 

WHEREAS, the
Company desires to obtain the services of Consultant, and Consultant desires to provide consulting services to the Company upon
the terms and conditions hereinafter set forth.

 

NOW, THEREFORE,
in consideration of the premises, the agreements herein contained and other good and valuable consideration, receipt and sufficiency
of which is hereby acknowledged, the Parties hereto agree as of the Effective Date as follows:

 

ARTICLE
I.

ENGAGEMENT; TERM; SERVICES

 

1.1.           
Services. Pursuant to the terms and conditions hereinafter set forth, the Company hereby
engages Consultant, and Consultant hereby accepts such engagement, to provide services to the Company as reasonably requested by
the Company during the Term of this Agreement including, but not limited to assisting the Company with the transition of control
and management of Cranbury Associates, LLC (“Cranbury”) to
the Company, the integration of Cranbury’s operations into those of the Company, the training
of a new head of international sales at the Company, and introductions to contacts of Consultant and Cranbury in connection
with Cranbury’s operations and the change in control and management (the “Services”).

 

1.2.           
Term. Consultant shall begin providing Services hereunder on July 31, 2017 (the “Effective Date”),
and this Agreement shall remain in effect until July 31, 2018 (the “Term”), provided the Company shall
be able to terminate this Agreement with ten (10) days prior notice upon the material breach of any term or condition hereof by
the Consultant, and this Agreement shall terminate (a) immediately upon the death or disability of Consultant; or (b) ninety days
after written notice of a Party’s intention to terminate this Agreement is provided to the non-terminating Party.

 

1.3.           
Allocation of Time and Energies. The Consultant hereby promises to perform and discharge faithfully the Services
which may be requested from the Consultant from time to time by the Company and duly authorized representatives of the Company.
The Consultant shall provide the Services required hereunder in a diligent and professional manner. The Services provided by Consultant
hereunder shall total a maximum of 120 hours per month for the first 90 days of the Term, and 100 hours per month for each month
thereafter (the “Maximum Monthly Hours”). Any work performed by the Consultant above the Maximum Monthly
Hours, shall only be performed with the prior written consent of the Company, and if approved, the Consultant will be paid $37.50
per hour for such additional work performed.

 

ARTICLE
II.

CONSIDERATION; EXPENSES

 

2.1.           
Consideration. During the Term of this Agreement, for all Services rendered by Consultant hereunder and all covenants
and conditions undertaken by the Parties pursuant to this Agreement, the Company shall pay, and Consultant shall accept, as compensation
$3,750 per month during the Term of this Agreement (the “Consulting Fee”), payable monthly in arrears
by the 15th day of the month following the date the applicable Consulting Fee is due.

 

2.2.           
Expenses. The Company agrees to reimburse Consultant for his reasonable, documented out-of-pocket expenses associated
with the Services (the “Expenses”), subject to the Company’s normal and usual reimbursement policies,
provided that the Consultant shall receive written authorization of any one-time Expense greater than $500.

 

 

 

 

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ARTICLE
III.

TERMINATION

 

3.1.           
Termination. The obligations under this Agreement shall begin on the Effective Date and continue to bind the Parties
until the end of the Term, or the earlier termination thereof as discussed in Section 1.2.

 

3.2.           
Rights Upon Termination. Upon termination of the Term, the Consultant shall continue to comply with the terms of
ARTICLE IV hereof following the Termination Date.

 

ARTICLE
IV.

CONFIDENTIAL/TRADE SECRET INFORMATION;

COMPANY PROPERTY; NON-SOLICITATION

 

4.1.           
Confidential/Trade Secret Information/Non-Disclosure/Non-Solicitation.

 

4.1.1       
Confidential/Trade Secret Information Defined. During the course of Consultant’s
engagement, Consultant will have access to various Confidential/Trade Secret Information of the Company and information developed
for the Company. For purposes of this Agreement, the term “Confidential/Trade Secret Information” is
information that is not generally known to the public and, as a result, is of economic benefit to the Company in the conduct of
its business, and the business of the Company’s subsidiaries. Consultant and the Company agree that the term “Confidential/Trade
Secret Information” includes but is not limited to all information developed or obtained by the Company, including
its affiliates, and predecessors, and comprising the following items, whether or not such items have been reduced to tangible form
(e.g., physical writing, computer hard drive, disk, tape, etc.): all methods, techniques, processes, ideas, research and development,
product designs, engineering designs, plans, models, production plans, business plans, add-on features, trade names, service marks,
slogans, forms, pricing structures, business forms, marketing programs and plans, layouts and designs, financial structures, operational
methods and tactics, cost information, the identity of and/or contractual arrangements with suppliers and/or vendors, accounting
procedures, and any document, record or other information of the Company relating to the above. Confidential/Trade Secret Information
includes not only information directly belonging to the Company which existed before the date of this Agreement, but also information
developed by Consultant for the Company, including its subsidiaries, affiliates and predecessors, during the term of Consultant’s
engagement with the Company. Confidential/Trade Secret Information does not include any information which (a) was in the lawful
and unrestricted possession of Consultant prior to its disclosure to Consultant by the Company, its subsidiaries, affiliates or
predecessors, except for information relating to Cranbury Associates, LLC,
or owned thereby, which shall be included in Confidential/Trade Secret Information, (b) is or becomes generally available
to the public by lawful acts other than those of Consultant after receiving it, or (c) has been received lawfully and in good faith
by Consultant from a third party who is not and has never been a Consultant of the Company, its subsidiaries, affiliates or predecessors,
and who did not derive it from the Company, its subsidiaries, affiliates or predecessors.

  

4.1.2       
Restriction on Use of Confidential/Trade Secret Information. Consultant agrees that his use of Confidential/Trade
Secret Information is subject to the following restrictions for an indefinite period of time so long as the Confidential/Trade
Secret Information has not become generally known to the public:

 

(i)                
Non-Disclosure. Consultant agrees that it will not publish or disclose, or allow
to be published or disclosed, Confidential/Trade Secret Information to any person without the prior written authorization of the
Company unless pursuant to or in connection with Consultant’s job duties to the Company under this Agreement; and

 

(ii)              
Non-Removal/Surrender. Consultant agrees that it will not remove any Confidential/Trade
Secret Information from the offices of the Company or the premises of any facility in which the Consultant is performing Services,
except pursuant to his duties under this Agreement. Consultant further agrees that it shall surrender to the Company all documents
and materials in his possession or control which contain Confidential/Trade Secret Information and which are the property of the
Company upon the termination of his engagement with the Company, and that it shall not thereafter retain any copies of any such
materials.

 

 

 

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4.2.           
Non-Solicitation of Employees and Consultants. Consultant agrees that during the Term and for the twelve-month period
following the date of the termination of this Agreement (the “Termination Date”), he shall not, directly
or indirectly, solicit or otherwise encourage any employees or consultants of the Company to leave the employ or service of the
Company, or solicit, directly or indirectly, any of the Company’s employees or consultants for employment or service; provided,
however, that Consultant may solicit an employee or consultant if (i) such employee or consultant has resigned voluntarily (without
any solicitation from Consultant), and at least one (1) year has elapsed since such employee’s or consultant’s resignation
from employment or termination of service with the Company, (ii) such employee’s employment or consultant’s services
was terminated by the Company, and if one (1) year has elapsed since such employee or consultant was terminated by the Company,
(iii) the Company has consented to the solicitation of such employee or consultant in writing, which consent the Company may withhold
in its sole discretion, or (iv) such solicitation solely occurs by general solicitations for employment to the public.

 

4.3.           
Non-Solicitation of Contacts. Consultant agrees that during the Term and during the twelve-month period following
the Termination Date, Consultant shall not: (a) interfere with the Company’s business relationship with its customers or
suppliers, or (b) solicit, directly or indirectly, or otherwise encourage any of the Company’s customers or suppliers to
terminate their business relationship with the Company.

 

4.4.           
Breach of Provisions. If Consultant materially breaches any of the provisions of this ARTICLE IV, or
in the event that any such breach is threatened by Consultant, in addition to and without limiting or waiving any other remedies
available to the Company at law or in equity, the Company shall be entitled to immediate injunctive relief in any court, domestic
or foreign, having the capacity to grant such relief, to restrain any such breach or threatened breach and to enforce the provisions
of this ARTICLE IV.

 

4.5.           
Reasonable Restrictions. The Parties acknowledge that the foregoing restrictions, as well as the duration and the
territorial scope thereof as set forth in this ARTICLE IV, are under all of the circumstances reasonable and necessary
for the protection of the Company and its business.

 

4.6.           
Specific Performance. Consultant acknowledges and agrees that the Company’s remedies at law for a breach or
threatened breach of any of the provisions of ARTICLE IV would be inadequate and, in recognition of this fact, Consultant
agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, the Company, without posting
any bond, shall be entitled to obtain equitable relief in the form of specific performance, temporary restraining order, temporary
or permanent injunction or any other equitable remedy which may then be available.

 

4.7.           
Company Property. Upon termination of this Agreement, or on demand by the Company during the Term of this Agreement,
Consultant will immediately deliver to the Company, and will not keep in his possession, recreate or deliver to anyone else, any
and all Company property, records, data, notes, notebooks, reports, files, proposals, lists, correspondence, specifications, drawings
blueprints, sketches, materials, photographs, charts, all documents and property, and reproductions of any of the aforementioned
items that were developed by Consultant pursuant to the terms of this Agreement, obtained by Consultant in connection with the
provision of the Services, or otherwise belonging to the Company or its successors or assigns.

 

ARTICLE
V.

MUTUAL
REPRESENTATIONS, COVENANTS AND

WARRANTIES
OF THE PARTIES

 

5.1.           
Power and Authority. The Parties have all requisite power and authority, corporate or otherwise, to execute and deliver
this Agreement and to consummate the transactions contemplated hereby and thereby. The Parties have duly and validly executed and
delivered this Agreement and will, on or prior to the consummation of the transactions contemplated herein, execute, such other
documents as may be required hereunder and, assuming the due authorization, execution and delivery of this Agreement by the Parties
hereto and thereto, this Agreement constitutes, the legal, valid and binding obligation of the Parties enforceable against each
Party in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting the Parties rights generally and general equitable principles.

 

5.2.           
Execution and Delivery. The execution and delivery by the Parties of this Agreement and the consummation of the transactions
contemplated hereby and thereby do not and shall not, by the lapse of time, the giving of notice or otherwise: (a) constitute a
violation of any law; or (b) constitute a breach or violation of any provision contained in the Articles of Incorporation or Bylaws,
or such other document(s) regarding organization and/or management of the Parties, if applicable; or (c) constitute a breach of
any provision contained in, or a default under, any governmental approval, any writ, injunction, order, judgment or decree of any
governmental authority or any contract to which the Parties are bound or affected.

 

 

 

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5.3.           
Authority of Entities. Any individual executing this Agreement on behalf of an entity has authority to act on behalf
of such entity and has been duly and properly authorized to sign this Agreement on behalf of such entity.

 

ARTICLE
VI.

WORK PRODUCT

 

6.1.           
Work Made for Hire. Consultant hereby agrees that all information, materials, tools, data, inventions, ideas, writings
and other property, including, without limitation any improvements or modifications, whether or not copyrightable, created or adapted
by it, whether alone or in conjunction with any other person, firm or corporation (hereinafter referred to as “Person”)
arising out of or created in connection with Services, provided for the Company hereunder or as a result of such Services (the
“Work Product”), whether or not eligible for patent, copyright, trademark, trade secret or other legal
protection, shall be “work made for hire” for the Company within the meaning of the United States Copyright
Act of 1976 and for all other purposes and as such, the sole and exclusive property of the Company.

 

6.2.           
License of Work Product. Consultant acknowledges that the Company in its sole discretion shall have the right to
license the Work Product or any portion thereof, and/or incorporate the Work Product or any portion thereof into the Company’s
products, for use by other licensees or clients of the Company.

 

6.3.           
Right to Work Product. Consultant hereby assigns exclusively to the Company in perpetuity, all right, title and interest
of any kind whatsoever, in and to the Work Product, including any and all patents, patent rights, trademarks, mask work rights,
trade secrets, rights of priority, copyrights and other proprietary rights thereto (and the exclusive right to register copyrights,
patents, trademarks and other rights), and represents and warrants that Consultant has not previously assigned such rights or any
portion thereof to any other Person. Accordingly, all rights in and to the Work Product, including any materials derived therefrom
or based thereon and regardless of whether any such Work Product is actually used by the Company, shall from its creation be owned
exclusively by the Company and Consultant will not have or claim to have any rights of any kind whatsoever in such Work Product.
Without limiting the generality of the foregoing, Consultant will not make any use of any of the Work Product in any manner whatsoever
without the Company’s prior written consent.

 

6.4.           
Representations Regarding Work Product. Consultant represents and warrants that the Work Product provided by it hereunder
will be original works created by it or a third party and not previously published in any form and that the use by the Company
of the Work Product will not violate or infringe on any copyright or other proprietary or privacy right of any other Person and
that the Company will have the right to use the Work Product in perpetuity without obligation to any Person. In the event of any
breach of this representation and warranty, Consultant agrees to indemnify the Company and hold it harmless from and against any
and all claims, costs, liabilities and expenses incurred by it as a result of such breach. “Person” means
any individual, corporation, partnership, joint venture, limited liability company, trust, unincorporated organization or governmental
entity.

 

6.5.           
Assignment of Rights. In some jurisdictions, Consultant may have a right, title, or interest (“Right,”
including without limitation all right, title, and interest arising under patent law, copyright law, trade-secret law, or otherwise,
anywhere in the world, including the right to sue for present or past infringement) in certain Work Product that cannot be automatically
owned by the Company. In that case, if applicable law permits Consultant to assign Consultant’s Right(s) in future Work Product
at this time, then Consultant hereby assigns any and all such Right(s) to the Company, without additional compensation to Consultant;
if not, then Consultant agrees to assign any and all such Right(s) in any such future Work Product to the Company or its nominee(s)
upon request, without additional compensation to Consultant.

 

6.6.           
Waiver of Moral Rights. The Consultant waives the Consultant’s moral rights to any and all copyrights subsisting
in the Work Product. If required by the Company, the Consultant also agrees to sign, and to cause the Consultant’s employees
and subcontractors to sign, any applications or other documents the Company may reasonably request: (a) to obtain or maintain patent,
copyright, industrial design, trade-mark or other similar protection for the Work Product, (b) to transfer ownership of the Work
Product to the Company, and (c) to assist the Company in any proceeding necessary to protect and preserve the Work Product. The
Company will pay for all expenses associated with preparing and filing such documents.

 

 

 

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ARTICLE
VII.

MISCELLANEOUS

 

7.1.           
Notices. All notices, approvals, consents, requests, and other communications hereunder shall be in writing and shall
be delivered (i) by personal delivery, or (ii) by national overnight courier service, or (iii) by certified or registered mail,
return receipt requested, or (iv) via facsimile transmission, with confirmed receipt, or (v) via email. Notice shall be effective
upon receipt except for notice via fax (as discussed above) or email, which shall be effective only when the recipient, by return
or reply email or notice delivered by other method provided for in this Section 7.1, acknowledges having received that email
(with an automatic “read receipt” or similar notice not constituting an acknowledgement of an email receipt
for purposes of this Section 7.1, or which such recipient ‘replies’ to such prior email). Such notices shall
be sent to the applicable party or parties at the address specified below:

 

	If to the Company:	
        Probility Media Corp.

        Attn: Evan Levine

        1517 San Jacinto Street

        Houston, Texas 77002 

        Phone: 858-263-2744

        Email: evan@probilitymedia.com

	 	 
	If to the Consultant:	
        Ethan Atkin

        [___________________]

        Telephone:
        [___________________]

        Email:
        [___________________]

 

7.2.           
Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and their
respective legal representatives, heirs, successors and assigns. Consultant may not assign any of its rights or obligations under
this Agreement. The Company may assign its rights and obligations under this Agreement to any successor entity.

 

7.3.           
Severability. If any provision of this Agreement, or portion thereof, shall be held invalid or unenforceable by a
court of competent jurisdiction, such invalidity or unenforceability shall attach only to such provision or portion thereof, and
shall not in any manner affect or render invalid or unenforceable any other provision of this Agreement or portion thereof, and
this Agreement shall be carried out as if any such invalid or unenforceable provision or portion thereof were not contained herein.
In addition, any such invalid or unenforceable provision or portion thereof shall be deemed, without further action on the part
of the Parties hereto, modified, amended or limited to the extent necessary to render the same valid and enforceable.

 

7.4.           
Waiver. No waiver by a Party of a breach or default hereunder by the other Party shall be considered valid, unless
expressed in a writing signed by such first Party, and no such waiver shall be deemed a waiver of any subsequent breach or default
of the same or any other nature.

 

7.5.           
Entire Agreement. This Agreement sets forth the entire agreement between the Parties with respect to the subject
matter hereof, and supersedes any and all prior agreements between the Company and Consultant, whether written or oral, relating
to any or all matters covered by and contained or otherwise dealt with in this Agreement. This Agreement does not constitute a
commitment of the Company with regard to Consultant’s engagement, express or implied, other than to the extent expressly
provided for herein.

 

7.6.           
Amendment. No modification, change or amendment of this Agreement or any of its provisions shall be valid, unless
in a writing signed by the Parties.

 

7.7.           
Captions. The captions, headings and titles of the sections of this Agreement are inserted merely for convenience
and ease of reference and shall not affect or modify the meaning of any of the terms, covenants or conditions of this Agreement.

 

7.8.           
Governing Law. This Agreement, and all of the rights and obligations of the Parties in connection with the relationship
established hereby, shall be governed by and construed in accordance with the substantive laws of the State of Nevada without giving
effect to principles relating to conflicts of law.

 

 

 

    	 	5	 

     

    

 

7.9.           
Survival. The termination of Consultant’s engagement with the Company pursuant to the provisions of this Agreement
shall not affect Consultant’s obligations to the Company hereunder which by the nature thereof are intended to survive any
such termination, including, without limitation, Consultant’s obligations under ARTICLE IV of this Agreement.

 

7.10.       
No Presumption from Drafting. This Agreement has been negotiated at arm’s-length between persons knowledgeable
in the matters set forth within this Agreement. Accordingly, given that all Parties have had the opportunity to draft, review and/or
edit the language of this Agreement, no presumption for or against any Party arising out of drafting all or any part of this Agreement
will be applied in any action relating to, connected with or involving this Agreement. In particular, any rule of law, legal decisions,
or common law principles of similar effect that would require interpretation of any ambiguities in this Agreement against the Party
that has drafted it, is of no application and is hereby expressly waived. The provisions of this Agreement shall be interpreted
in a reasonable manner to affect the intentions of the Parties.

 

7.11.       
Review and Construction of Documents. Each Party herein expressly represents and warrants to all other Parties hereto
that (a) before executing this Agreement, said Party has fully informed itself of the terms, contents, conditions and effects of
this Agreement; (b) said Party has relied solely and completely upon its own judgment in executing this Agreement; (c) said Party
has had the opportunity to seek and has obtained the advice of its own legal, tax and business advisors before executing this Agreement;
(d) said Party has acted voluntarily and of its own free will in executing this Agreement; and (e) this Agreement is the result
of arm’s length negotiations conducted by and among the Parties and their respective counsel.

 

7.12.       
Interpretation. When used in this Agreement, unless a contrary intention appears: (i) a term has the meaning assigned
to it; (ii) “or” is not exclusive; (iii) “including” means including without
limitation; (iv) words in the singular include the plural and words in the plural include the singular; (v) any agreement, instrument
or statute defined or referred to herein or in any instrument or certificate delivered in connection herewith means such agreement,
instrument or statute as from time to time amended, modified or supplemented and includes (in the case of agreements or instruments)
references to all attachments thereto and instruments incorporated therein; (vi) the words “hereof”,
“herein” and “hereunder” and words of similar import when used in this Agreement
shall refer to this Agreement as a whole and not to any particular provision hereof; (vii) references contained herein to Article,
Section, Schedule and Exhibit, as applicable, are references to Articles, Sections, Schedules and Exhibits in this Agreement unless
otherwise specified; and (viii) references to “writing” include printing, typing, lithography and other
means of reproducing words in a visible form, including, but not limited to email.

 

7.13.       
Electronic Signatures and Counterparts. This Agreement and any signed agreement or instrument
entered into in connection with this Agreement, and any amendments hereto or thereto, may be executed in one or more counterparts,
all of which shall constitute one and the same instrument. Any such counterpart, to the extent delivered by means of a facsimile
machine or by .pdf, .tif, .gif, .peg or similar attachment to electronic mail (any such delivery, an “Electronic Delivery”)
shall be treated in all manner and respects as an original executed counterpart and shall be considered to have the same binding
legal effect as if it were the original signed version thereof delivered in person. At the request of any Party, each other Party
shall re execute the original form of this Agreement and deliver such form to all other Parties. No Party shall raise the use of
Electronic Delivery to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated
through the use of Electronic Delivery as a defense to the formation of a contract, and each such Party forever waives any such
defense, except to the extent such defense relates to lack of authenticity.

 

[Remainder
of page left intentionally blank. Signature page follows.]

 

 

 

 

 

 

 

 

    	 	6	 

     

    

 

IN WITNESS WHEREOF,
the Parties hereto have executed this Agreement as of the day and year first above written, to be effective as of the Effective
Date.

 

 

	“COMPANY”	
        PROBILITY MEDIA CORP.

         

         

        

        

        

        By: /s/ Evan Levine                          

        Evan Levine

        Chief Executive Officer

	 	 
	“CONSULTANT”	
        /s/ Ethan Atkin                                  

        ETHAN ATKIN 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	7

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