Document:

Exhibit 10.3

 

SECURITIES PURCHASE AGREEMENT

 

by and among, on the one hand,

 

GAMEPLAN, INC., a Nevada corporation

 

 and

 

ATHENA BITCOIN, INC., a Delaware corporation,

 

and, on the other hand,

 

KGPLA HOLDINGS LLC, AS THE LEAD INVESTOR,
AND THE OTHER INVESTORS LISTED HEREIN

 

dated as of

 

January 31, 2020

 

 

 

 

 

 

 

    	 	 	 

     

    

 

TABLE OF CONTENTS

 

	Article I Definitions	7
	Article II Purchase and Sale	15
	Section 2.01	Purchase and Sale of Securities	15
	Section 2.02	Transactions Effected at the Closing	18
	Section 2.03	Closing.	19
	Section 2.04	Additional Sales of the Securities	19
	Section 2.05	Use of Proceeds	19
	Article III Representations and Warranties of the issuer	19
	Section 3.01	Organization, Qualification and Authority of the Issuer	20
	Section 3.02	Capitalization	20
	Section 3.03	No Subsidiaries	21
	Section 3.04	No Conflicts; Consents	21
	Section 3.05	Undisclosed Liabilities	21
	Section 3.06	Insurance	21
	Section 3.07	Legal Proceedings; Governmental Orders	22
	Section 3.08	Compliance with Laws; Permits	22
	Section 3.09	Taxes	22
	Section 3.10	Books and Records.	23
	Section 3.11	Brokers.	23
	Section 3.12	Transactions With Affiliates	23
	Section 3.13	Foreign Corrupt Practices Act	23
	Section 3.14	Full Disclosure	23
	Section 3.15	“Bad Actor”	23
	Section 3.16	Certain Representations by the Issuer’s Officer	25
	Section 3.17	Previous Reporting Company	25
	Article IV Representations and Warranties of the Company	26
	Section 4.01	Organization, Qualification and Authority of the Company	26
	Section 4.02	Capitalization	26
	Section 4.03	No Subsidiaries	27
	Section 4.04	No Conflicts; Consents	28
	Section 4.05	Financial Statements; Projections	28
	Section 4.06	Undisclosed Liabilities	28

 

 

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	Section 4.07	Absence of Certain Changes, Events and Conditions	28
	Section 4.08	Material Contracts	30
	Section 4.09	Title to Assets; Real Property	31
	Section 4.10	Intellectual Property	32
	Section 4.11	Inventory	33
	Section 4.12	Accounts Receivable	33
	Section 4.13	Insurance	33
	Section 4.14	Legal Proceedings; Governmental Orders	33
	Section 4.15	Compliance With Laws; Permits	34
	Section 4.16	Environmental Matters	34
	Section 4.17	Employee Benefit Matters	35
	Section 4.18	Employment Matters	36
	Section 4.19	Taxes	37
	Section 4.20	Books and Records	37
	Section 4.21	Brokers	38
	Section 4.22	Transactions With Affiliates	38
	Section 4.23	Foreign Corrupt Practices Act	38
	Section 4.24	Full Disclosure	38
	Section 4.25	“Bad Actor”	38
	Article V Representations and Warranties of Investor	39
	Section 5.01	Organization and Authority of Investor	39
	Section 5.02	No Conflicts; Consents	39
	Section 5.03	Investment Purpose	40
	Section 5.04	Restricted Securities	40
	Section 5.05	Accredited Investor	40
	Section 5.06	Foreign Investors	40
	Section 5.07	No General Solicitation	41
	Section 5.08	Exculpation Among Investors	41
	Section 5.09	Residence	41
	Section 5.10	Confidentiality	41
	Section 5.11	Brokers	41
	Section 5.12	Legends	41
	Article VI Conditions to closing	42
	Section 6.01	Conditions to Obligations of All Parties	42

 

 

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	Section 6.02	Conditions to Obligations of Investors	42
	Section 6.03	Conditions to Obligations of the Company	45
	Article VII Covenants	46
	Section 7.01	Affirmative Covenants	46
	Section 7.02	Further Assurances	47
	Article VIII Indemnification	47
	Section 8.01	Survival	47
	Section 8.02	Indemnification by Issuer and Company	47
	Section 8.03	Certain Limitations	48
	Section 8.04	Payments	48
	Section 8.05	Tax Treatment of Indemnification Payments	48
	Section 8.06	Effect of Investigation	48
	Section 8.07	Exclusive Remedies	48
	Article IX Miscellaneous	49
	Section 9.01	Public Announcements	49
	Section 9.02	Expenses	49
	Section 9.03	Notices	49
	Section 9.04	Interpretation	50
	Section 9.05	Headings	50
	Section 9.06	Severability	50
	Section 9.07	Entire Agreement	50
	Section 9.08	Successors and Assigns	50
	Section 9.09	No Third-Party Beneficiaries	50
	Section 9.10	Amendment and Modification; Waiver	51
	Section 9.11	Governing Law; Submission to Jurisdiction; Waiver of Jury Trial	51
	Section 9.12	Specific Performance	52
	Section 9.13	Counterparts	52

 

 

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LIST OF EXHIBITS

 

	Exhibit A	-	Schedule of Investors
	 		 
	Exhibit B	-	Form of Convertible Debenture
	 	 	 
	Exhibit C	-	Form of Amended and Restated Articles of Incorporation of GamePlan, Inc.
	 	 	 
	Exhibit D	-	Form of Amended and Restated Bylaws of GamePlan, Inc.
	 	 	 
	Exhibit E	-	Form of Amended and Restated Certificate of Incorporation of Athena Bitcoin, Inc.
	 	 	 
	Exhibit F	-	Form of Indemnification Agreement
	 	 	 
	Exhibit G	-	Form of Investor Rights Agreement
	 	 	 
	Exhibit H	-	Form of Right of First Refusal and Co-Sale Agreement
	 	 	 
	Exhibit I	-	Form of Voting Agreement
	 	 	 
	Exhibit J	-	Copy of Share Exchange Agreement (Executed)
	 	 	 

 

 

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SECURITIES PURCHASE AGREEMENT

 

This Securities Purchase
Agreement (this “Agreement”), dated as of January 31, 2020 (the “Agreement Date”), is entered into
by and among, on the one hand, GamePlan, Inc., a Nevada corporation with a business address of 2700 E. Sunset Rd., Ste. 13, Las Vegas,
NV 89120 (the “Issuer”) and Athena Bitcoin, Inc., a Delaware corporation with a registered address of 300 E. Delaware
Ave., Ste. 210-A and business address of 211 W. Wacker Drive, Chicago, IL 60606 (the “Company”), and, on the other
hand, KGPLA Holdings, LLC, a Delaware limited liability company (the “Lead Investor”) and each of the investors (each
an “Investor” and, collectively, the “Investors”) listed on Exhibit A attached to this Agreement
(the “Schedule of Investors”). Each of the Issuer, the Company and the Investors are sometimes hereinafter referred
to individually as a “Party” and, collectively, as the “Parties”.

 

RECITALS

 

WHEREAS, the Issuer is formerly
a reporting company that had been engaged in gaming, real estate and related activities, which de-registered with the U.S. Securities
and Exchange Commission (the “SEC”) on March 3, 2015 through its SEC Form 15 Certification and Notice of Termination
of Registration under Section 12(g) of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) or
Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Exchange Act (“Issuer’s Form 15”), at which
time it ceased from making material information publicly available under Section 10(b) of the Exchange Act and related SEC Rule 10b-5,
and since then has been maintained, operated and held as a shell company.

 

WHEREAS, the Issuer is currently
registered with OTC Markets Group (http://www.otcmarkets.com) (“OTC”) with a trade symbol on OTC of “GPLA”,
and its current officers are listed with the OTC as (i) Dempsey

K. Mork, CEO (the “Issuer’s Officer”).

 

WHEREAS, the Company is a
non-reporting company that is registered with FinCEN and operates Cryptocurrency ATMs around the world, and has resolved to undertake,
a recapitalization process with the Company’s current stockholders (the “Company’s Stockholders”) and certain
senior secured lenders (the “Company’s Lenders”) through a concurrent combination transaction with the Issuer
(the “Merger”), together with the approval of the requisite number of the Company’s Stockholders and the Company’s
Lenders, whereby the Company shall become the controlled subsidiary of the Issuer as a result of the Issuer’s acquisition of all
of the Company’s issued and outstanding shares of common stock (the “Company’s Common Stock”) from the
Company’s Stockholders, in exchange for its issuance to the Company’s Stockholders (some of whom are also the Company’s
Lenders) of approximately 3,593,644,680 shares of common stock of the Issuer, $0.001 par value (the “Issuer’s Common Stock”),
all pursuant to that certain Share Exchange Agreement dated January 14, 2020 by and between the Issuer and the Company (the “Share
Exchange Agreement”), where for clarification at the time of issuance of the Issuer’s Common Stock the Company shall be
a subsidiary of the Issuer. In addition, the Issuer shall reserve a total of 375,000,000 shares of its Common Stock for future issuances
upon conversion of the Securities as set forth below.

 

WHEREAS, the Issuer, by and
through the Issuer’s Officer, and together with the approval of the requisite number of the Issuer’s shareholders (the “Issuer’s
Stockholders”), in order to effectuate the Merger and fund the Company’s current and future operations, have resolved
to offer for purchase and sale (the “Private Offering”) certain convertible debentures (the “Securities”)
to the Investors over a period not to exceed twelve (12) months following the Agreement Date (the “Offering Period”),
not to exceed the aggregate principal amount of $5,000,000.00.

 

 

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WHEREAS, the Issuer prior
to the Merger has authorized and available 5,000,000,000 shares of the Issuer’s Common Stock in connection with the Merger, including
for issuance to the Investors in connection with their conversion of the Securities purchased pursuant to this Agreement, which, together
with the Issuer’s Stockholders maintenance of 440,960,520 shares of the Issuer’s Common Stock after the Merger (which is
currently outstanding immediately prior to the Merger), represents a total amount of issued and outstanding shares of the Issuer’s
Common Stock of 4,034,605,200, of which, immediately after the Merger which shall occur concurrently with the Initial Closing, the Company’s
Stockholders (some of whom are also the Company’s Lenders)shall hold 3,593,644,480, the Issuer’s Stockholders will hold 440,960,520
all having the rights, preferences, powers, restrictions and limitations set forth in the Issuer’s Amended Articles, and 375,000,000
shall be reserved for issuance in connection with the future conversion of the Securities, such that the Issuer shall have authorized
a total of 4,409,605,200 shares of the Issuer’s Common Stock as of the Initial Closing.

 

WHEREAS, the Issuer wishes
to sell to the Investors, and the Investors wish to purchase from the Company, the Securities, subject to the terms and conditions set
forth in this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual covenants and agreements hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Parties agree as follows:

 

ARTICLE I

DEFINITIONS

 

The following terms have the meanings specified or referred to in this
Article I:

 

“Action”
means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation,
summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether at law or in equity.

 

“Additional Investor” has the meaning set forth
in Section 2.04.

 

“Additional Securities” has the meaning set forth
in Section 2.04.

 

“Affiliate”
of a Person means any other Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is
under common control with, such Person. The term “control” (including the terms “controlled by” and “under
common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management
and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

 

“Agreement” has the meaning set forth in the preamble.

 

“Agreement Date” has the meaning set forth in the
preamble.

 

“Issuer’s Amended Articles” has the meaning
set forth in the recitals.

 

“Balance Sheet” has the meaning set forth in Section
4.05.

 

“Balance Sheet Date” has the meaning set forth in
Section 4.05.

 

“Benefit Plan” has the meaning set forth in (a).

 

“Board” means the board of directors of the Issuer.

 

 

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“Business Day” means any day
except Saturday, Sunday or any other day on which commercial banks located in New York, New York, are authorized or required by Law to
be closed for business.

 

“Buyer” has the meaning set forth in the preamble.

 

“CERCLA” means the Comprehensive
Environmental Response, Compensation, and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986,
42 U.S.C. §§ 9601 et seq.

 

“Certificate of Designation” has the meaning set
forth in the recitals.

 

“Closing” has the meaning set forth in Section 2.03.

 

“Closing Date” has the meaning set forth in Section
2.03.

 

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

 

“Company” has the meaning set forth in the preamble.

 

“Company’s Amended Certificate” has the meaning
set forth in Section 2.01.

 

“Company’s Common Stock” has the meaning set
forth in the recitals.

 

“Company’s Disclosure Schedules”
means the disclosure schedules delivered by the Company concurrently with the execution and delivery of this Agreement.

 

“Company Intellectual Property” has the meaning
set forth in Section 4.10(b).

 

“Company’s Lenders” has the meaning set forth
in the recitals.

 

“Company’s Stockholders” has the meaning set
forth in the recitals.

 

“Company’s Subsidiaries” has the meaning set
forth in Section 4.03.

 

“Contracts”
means all contracts, leases, deeds, mortgages, licenses, instruments, notes, loans, commitments, undertakings, indentures, joint ventures
and all other agreements, commitments and legally binding arrangements, whether written or oral.

 

“Convertible Debenture” has the meaning set forth
in Section 2.01(c).

 

“Convertible Debenture Term”
means sixty (60) months from the date of issuance of a Convertible Debenture pursuant to this Agreement.

 

“Conversion Price” means, $0.012
per share of the Issuer’s Common Stock, or the price calculated as follows, whichever results in the lower price:

 

(i)  with respect to a conversion pursuant to Section 2.01(c)(i)(1) (i.e., a Next Equity Financing conversion), the lesser of:
(A) the product of (x) 100% less the Discount and (y) the lowest per share purchase price of the Equity Securities issued in the
Next Equity Financing; and (B) the quotient resulting from dividing (x) the Valuation Cap by (y) the Fully Diluted Capitalization immediately
prior to the closing of the Next Equity Financing;

 

 

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(ii)  
with respect to a conversion pursuant to Section 2.01(c)(i)(2) (i.e., an IPO conversion), the lesser of: (A) the product of (x)
100% less the Discount and (y) the lowest per share purchase price of the Equity Securities issued as part of the IPO; and (B)
ninety percent (90%) of the quotient resulting from dividing (x) the Valuation Cap by (y) the Fully Diluted Capitalization immediately
prior to the IPO;

 

(iii)  with respect to a conversion pursuant to Section 2.01(c)(i)(3) (i.e., a Corporate Transaction conversion), if a conversion
is elected by Investor, the quotient resulting from dividing (x) the Valuation Cap by (y) the Fully Diluted Capitalization immediately
prior to the closing of the Corporate Transaction;

 

(iv)  with respect to a conversion pursuant to Section 2.01(c)(ii)(1) (i.e., an optional Maturity Date conversion) or Section
2.01(c)(ii)(2) (i.e., an optional conversion at any time), the quotient resulting from dividing (x) the Valuation Cap by (y) the
Fully Diluted Capitalization immediately prior to such conversion.

 

“Corporate Transaction” means the occurrence of
any of the following:

 

(i)   a merger or consolidation in which (A) the Issuer is a constituent party or (B) a subsidiary of the Issuer (including the Company)
is a constituent party and the Issuer issues units of its capital securities pursuant to such merger or consolidation with another Person,
except any such merger or consolidation involving the Issuer or its subsidiary in which the units of capital securities of the Issuer
outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for units of capital
securities that represent, immediately following such merger or consolidation, more than fifty percent (50%), by voting power, of the
capital securities of (1) the surviving or resulting corporation or other entity or (2) if the surviving or resulting corporation or other
entity is a wholly-owned subsidiary of another corporation or entity immediately following such merger or consolidation, the parent corporation
or other entity of such surviving or resulting corporation or other entity, or there is otherwise a change of control of the majority
voting power of the relevant board of directors;

 

(ii)  the closing of the transfer (whether by merger, consolidation or otherwise), in a single transaction or series of related transactions,
to a “person” or "group" (within the meaning of Section 13(d) and Section 14(d) of the Exchange Act) of the Issuer’s
or any subsidiary of the Issuer (including the Company) capital stock if, after such closing, such person or group would become the "beneficial
owner" (as defined in Rule 13d-3 under the Exchange Act) of more than fifty percent (50%) of the outstanding voting securities of
the Issuer and/or its subsidiary (or the surviving or acquiring entity), or there is otherwise a change of control of the majority voting
power of the relevant board of directors; provided, however, that a Corporate Transaction shall not include any transaction or
series of transactions principally for bona fide equity financing purposes in which cash is received by the Issuer and/or its subsidiary
or any successors, or indebtedness of the Issuer is cancelled or converted, or a combination thereof; or

 

(iii)  the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by
the Issuer or any subsidiary of the Issuer (including the Company) of all or substantially all the assets or intellectual property of
the Issuer and its subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more subsidiaries
of the Issuer if substantially all of the assets of the Issuer and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries,
except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Issuer that will
remain under the majority control of the Issuer by voting power of capital securities and by majority voting power of the Issuer’s
Board.

 

 

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For the avoidance of doubt, a transaction will
not constitute a “Corporate Transaction” if its sole purpose is to change the state of the Company's incorporation or to create
a holding company that will be owned in substantially the same proportions by the persons who held the Company's securities immediately
prior to such transaction.

 

“Conversion Securities”
means, with respect to a conversion pursuant to Section 2.01(c), the Equity Securities issued to Investor in connection with such conversion.

 

“Cryptocurrency ATM”
means an automated teller machine that allows customers to complete cryptocurrency transactions involving the exchange of physical currency
for cryptocurrency or the opposite without the aid of a teller.

 

“Discount” means twenty percent
(20%).

 

“DV Chain” has the meaning set forth in Section
6.02(f).

 

“DV Chain Consent and Maturity Extension”
has the meaning set forth in Section 6.02(f).

 

“EDGAR” has the meaning set forth in Section 3.17(a).

 

“Encumbrance”
means any charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security
interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction
on use, voting, transfer, receipt of income or exercise of any other attribute of ownership.

 

“Environmental Claim”
means any Action, Governmental Order, lien, fine, penalty, or, as to each, any settlement or judgment arising therefrom, by or from any
Person alleging liability of whatever kind or nature (including liability or responsibility for the costs of enforcement proceedings,
investigations, cleanup, governmental response, removal or remediation, natural resources damages, property damages, personal injuries,
medical monitoring, penalties, contribution, indemnification and injunctive relief) arising out of, based on or resulting from: (a) the
presence, Release of, or exposure to, any Hazardous Materials; or (b) any actual or alleged non-compliance with any Environmental Law
or term or condition of any Environmental Permit.

 

“Environmental Law”
means any applicable Law, and any Governmental Order or binding agreement with any Governmental Authority: (a) relating to pollution
(or the cleanup thereof) or the protection of natural resources, endangered or threatened species, human health or safety, or the environment
(including ambient air, soil, surface water or groundwater, or subsurface strata); or (b) concerning the presence of, exposure to, or
the management, manufacture, use, containment, storage, recycling, reclamation, reuse, treatment, generation, discharge, transportation,
processing, production, disposal or remediation of any Hazardous Materials. The term “Environmental Law” includes, without
limitation, the following (including their implementing regulations and any state analogs): the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§
9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act of 1976, as amended by the Hazardous
and Solid Waste Amendments of 1984, 42 U.S.C. §§ 6901 et seq.; the Federal Water Pollution Control Act of 1972, as amended
by the Clean Water Act of 1977, 33 U.S.C. §§ 1251 et seq.; the Toxic Substances Control Act of 1976, as amended, 15 U.S.C.
§§ 2601 et seq.; the Emergency Planning and Community Right-to-Know Act of 1986, 42 U.S.C. §§ 11001 et seq.; the
Clean Air Act of 1966, as amended by the Clean Air Act Amendments of 1990, 42 U.S.C. §§ 7401 et seq.; and the Occupational
Safety and Health Act of 1970, as amended, 29 U.S.C. §§ 651 et seq.

 

 

    	 	9	 

     

    

 

“Environmental Notice”
means any written directive, notice of violation or infraction, or notice respecting any Environmental Claim relating to actual or alleged
non-compliance with any Environmental Law or any term or condition of any Environmental Permit.

 

“Environmental Permit”
means any Permit, letter, clearance, consent, waiver, closure, exemption, decision or other action required under or issued, granted,
given, authorized by or made pursuant to Environmental Law.

 

“ERISA”
means the Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated thereunder.

 

“ERISA Affiliate”
means, with respect to any Person, any other Person that, together with such first Person, would be treated as a single employer within
the meaning of Section 414(b), (c), (m) or (o) of the Code.

 

“Equity Securities”
means: (i) the Issuer’s Common Stock; (ii) any securities conferring the right to purchase the Issuer’s Common Stock; or (iii)
any securities directly or indirectly convertible into, or exchangeable for (with or without additional consideration) the Issuer’s
Common Stock. Notwithstanding the foregoing, the following will not be considered “Equity Securities”: (x) any security granted,
issued or sold by the Issuer to any director, officer, employee, consultant or adviser of the Issuer or the Company for the primary purpose
of soliciting or retaining their services; (y) (1) any convertible promissory notes, debentures or bonds issued by the Issuer, separately
or combined together in one or more transactions, with an aggregate face value of $500,000.00 or less, and (2) the Convertible Debentures
contemplated to be sold by the Issuer under this Agreement; and (z) any SAFEs or SAFTs issued by the Issuer and/or the Company, separately
or combined together in one or more transactions, with an aggregate face value of $500,000.00 or less.

 

“Exchange Act” has the meaning set forth in the
recitals.

 

“Financing Agreements”
means agreements relating to the purchase and sale of the Conversion Securities, as well as registration rights, rights of first refusal
and co-sale, rights of first offer and voting rights, if any, relating to such securities.

 

“Financial Statements” has the meaning set forth
in Section 4.05.

 

“FinCEN” means the U.S. Financial Crimes Enforcement
Network under the U.S. Department of Treasury.

 

“FINRA” has the meaning set forth in Section 3.17(b).

 

“Form 211” has the meaning set forth in Section
3.17(b).

 

“Fully Diluted Capitalization”
means the number of issued and outstanding shares of the Issuer’s capital stock, assuming: (i) the conversion or exercise of all
of the Issuer’s outstanding convertible or exercisable securities, including shares of convertible preferred stock and all outstanding
vested or unvested options or warrants to purchase the Issuer’s capital stock; and (ii) the issuance of all shares of the Issuer’s
capital stock reserved and available for future issuance under any of the Issuer’s existing equity incentive plans or any equity
incentive plan created or expanded in connection with the Next Equity Financing. Notwithstanding the foregoing, "Fully Diluted Capitalization"
excludes: (y) (1) any convertible promissory notes, debentures or bonds issued by the Issuer and/or the Company, separately or combined
together in one or more transactions, with an aggregate face value of $500,000.00 or less, and (2) the Convertible Debentures contemplated
to be sold by the Issuer under this Agreement; and (z) any SAFEs or SAFTs issued by the Issuer, separately or combined together in one
or more transactions, with an aggregate face value of $500,000.00 or less.

 

 

    	 	10	 

     

    

 

“GAAP” means United States generally accepted accounting
principles in effect from time to time.

 

“Governmental Authority”
means any federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality of such government
or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental authority
(to the extent that the rules, regulations or orders of such organization or authority have the force of Law), or any arbitrator, court
or tribunal of competent jurisdiction.

 

“Governmental Order”
means any order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority.

 

“Hazardous Materials”
means: (a) any material, substance, chemical, waste, product, derivative, compound, mixture, solid, liquid, mineral or gas, in each case,
whether naturally occurring or man-made, that is hazardous, acutely hazardous, toxic, or words of similar import or regulatory effect
under Environmental Laws; and (b) any petroleum or petroleum-derived products, radon, radioactive materials or wastes, asbestos in any
form, lead or lead- containing materials, urea formaldehyde foam insulation, and polychlorinated biphenyls.

 

“Indemnification
Agreement” means an agreement entered into by the Issuer and the Company in favor of each of the Investors’ representatives
designated to the Board pursuant to the Issuer’s Amended Articles and Amended Bylaws, in the form of Exhibit F attached to
this Agreement.

 

“Initial Closing” has the meaning set forth in Section
2.03.

 

“Insurance Policies” has the meaning set forth in
Section 4.13.

 

“Intellectual Property” has the meaning set forth
in (a).

 

“Investor Rights Agreement”
means the agreement among the Issuer, the Investors and certain of the Issuer’s Stockholders dated as of the date of the Initial
Closing, in the form of Exhibit G attached to this Agreement.

 

“Intellectual Property Registrations” has the meaning
set forth in (b).

 

“Investor” or “Investors” has
the meaning set forth in the preamble.

 

“Investor Indemnitees” has the meaning set forth
in Section 8.02.

 

“IPO” means
the Issuer’s first underwritten public offering of its Common Stock under the Securities Act whereby the Issuer’s Common Stock
is listed or admitted for trading on a national stock exchange in the United States, as reported on the principal national security exchange
or quotation system on which such security is quoted or listed.

 

“Issuer” has the meaning set forth in the preamble.

 

“Issuer’s Amended Articles” has the meaning
set forth in Section 2.01.

 

“Issuer’s Amended Bylaws” has the meaning
set forth in Section 2.01.

 

“Issuer’s Common Stock” has the meaning set
forth in the recitals.

 

“Issuer’s Counsel” has the meaning set forth
in the recitals.

 

 

    	 	11	 

     

    

 

“Issuer’s Disclosure Schedules”
means the disclosure schedules delivered by the Issuer concurrently with the execution and delivery of this Agreement.

 

“Issuer’s Form 15” has the meaning set forth
in the recitals.

 

“Issuer’s Officers” has the meaning set forth
in the recitals.

 

“Issuer’s SEC Documents” has the meaning set
forth in Section 3.17(a).

 

“Issuer’s Stockholders” has the meaning set
forth in the recitals.

 

“Knowledge” or any other similar
knowledge qualification, means the actual or constructive knowledge of any director or officer of a Party, after due inquiry.

 

“Law” means any statute, law,
ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement or rule of law of any
Governmental Authority.

 

“Lead Investor” has the meaning set forth in the
preamble.

 

“Liabilities” has the meaning set forth in Section
4.06.

 

“Licensed Intellectual Property” has the meaning
set forth in (a).

 

“Losses”
means losses, damages, liabilities, deficiencies, Actions, judgments, interest, awards, penalties, fines, costs or expenses of whatever
kind, including reasonable attorneys’ fees and the cost of enforcing any right to indemnification hereunder and the cost of pursuing
any insurance providers; provided, that “Losses” shall not include punitive damages, except in the case of fraud or
to the extent actually awarded to a Governmental Authority or other third party.

 

“Material Adverse
Effect” means any event, occurrence, fact, condition or change that is, or could reasonably be expected to become, individually
or in the aggregate, materially adverse to the business, results of operations, condition (financial or otherwise) or assets of the Company.

 

“Material Contracts” has the meaning set forth in
Section 3.08(a).

 

“Maturity Date” means, with
respect to each Convertible Debenture issued under this Agreement, the date that is sixty (60) months following the date of issuance of
such Convertible Debenture.

 

“Merger” has the meaning set forth in the recitals.

 

“Multiemployer Plan” has the meaning set forth in
(b).

 

“Next Equity Financing”
means the next sale (or series of related sales) by the Issuer of additional Equity Securities following the Agreement Date under an exemption
from registration available under the rules promulgated under the Securities Act, from which the Company receives gross proceeds of not
less than US$3,000,000.00 (excluding, for the avoidance of doubt, the aggregate principal amount of the Convertible Debentures); provided
that, for clarification, this is not meant to include any actions or listing for trading on the OTC Markets..

 

“Offering Period” has the meaning set forth in the
recitals.

 

 

    	 	12	 

     

    

 

“OTC” has the meaning set forth in the recitals.

 

“Party” or “Parties” has the
meaning set forth in the preamble.

 

“Permits” means all permits,
licenses, franchises, approvals, authorizations, registrations, certificates, variances and similar rights obtained, or required to be
obtained, from Governmental Authorities.

 

“Permitted Encumbrances” has the meaning set forth
in Section 3.09(a).

 

“Person” means an individual,
corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization, trust, association
or other entity.

 

“Private Offering” has the meaning set forth in
the recitals.

 

“Purchase Price” has the meaning set forth in Section
2.01(b).

 

“Qualified Benefit Plan” has the meaning set forth
in (b).

 

“Real Property” means the
real property owned, leased or subleased by the Company, together with all buildings, structures and facilities located thereon.

 

“Regulation S Investor” has the meaning set forth
in Section 5.06(b).

 

“Release”
means any actual or threatened release, spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching,
dumping, abandonment, disposing or allowing to escape or migrate into or through the environment (including, without limitation, ambient
air (indoor or outdoor), surface water, groundwater, land surface or subsurface strata or within any building, structure, facility or
fixture).

 

“Representative”
means, with respect to any Person, any and all directors, officers, employees, consultants, financial advisors, counsel, accountants and
other agents of such Person.

 

“Required Holders” has the meaning set forth in
Section 9.10(a).

 

“Right of First Refusal
and Co-Sale Agreement” means the agreement among the Company, the Investors, and the Issuer’s Stockholders, dated as of
the date of the Initial Closing, in the form of Exhibit H attached to this Agreement.

 

“SAFE”
means any simple agreement for future equity (or other similar agreement) which is issued by the Issuer or the Company for bona fide financing
purposes and which may convert into the Issuer’s or the Company’s capital stock in accordance with its terms.

 

“SAFT”
means any simple agreement for future tokens (or other similar agreement) which is issued by the Issuer or the Company for bona fide financing
purposes and which may convert into the Issuer’s or the Company’s capital stock in accordance with its terms.

 

“Sarbanes-Oxley Act” has the meaning set forth in
Section 3.17(a).

 

“SEC” has the meaning set forth in the recitals.

 

“Securities” has the meaning set forth in the recitals.

 

 

    	 	13	 

     

    

 

“Securities Act” means the Securities Act of 1933,
as amended.

 

“Share Exchange Agreement” has
the meaning set forth in the recitals, a copy of which is attached to this Agreement as Exhibit J.

 

“Swingbridge” has the meaning set forth in Section
6.02(e).

 

“Swingbridge Conversion and Release Agreement” has
the meaning set forth in Section 6.02(e).

 

“Swingbridge Loan” has the meaning set forth in
Section 6.02(e).

 

“Taxes”
means all federal, state, local, foreign and other income, gross receipts, sales, use, production, ad valorem, transfer, franchise, registration,
profits, license, lease, service, service use, withholding, payroll, employment, unemployment, estimated, excise, severance, environmental,
stamp, occupation, premium, property (real or personal), real property gains, windfall profits, customs, duties or other taxes, fees,
assessments or charges of any kind whatsoever, together with any interest, additions or penalties with respect thereto and any interest
in respect of such additions or penalties.

 

“Tax Return”
means any return, declaration, report, claim for refund, information return or statement or other document relating to Taxes, including
any schedule or attachment thereto, and including any amendment thereof.

 

“Transaction Documents”
means this Agreement, the Share Exchange Agreement, the Issuer’s Amended Articles, the Amended Certificate, the Registration Rights
Agreement, the Right of First Refusal and Co-Sale Agreement, the Investor Rights Agreement, the Voting Agreement and the Indemnification
Agreement, and any and all agreements, instruments and certificates contemplated by the foregoing documents.

 

“Union” has the meaning set forth in Section 4.18(b).

 

“Valuation Cap” means, for the Initial Closing,
$48,415,262, and, for all subsequent Closings, means

$70,282,176.

 

“Voting Agreement”
means the agreement among the Company, the Investors and certain other stockholders of the Company, dated as of the date of the Initial
Closing, in the form of Exhibit I attached to this Agreement.

 

ARTICLE II

PURCHASE AND
SALE

 

Section 2.01Purchase and Sale of Securities.

 

(a)   
Governance. On or before the Initial Closing: (a) the Issuer shall adopt and file with the Secretary of State of the State
of Nevada the Amended and Restated Articles of Incorporation in the form of Exhibit C attached to this Agreement (the “Issuer’s
Amended Articles”); (b) the Board shall adopt the Amended and Restated Bylaws of the Issuer in the form of Exhibit D
attached to this Agreement (the “Issuer’s Amended Bylaws”); and (c) the Company shall adopt and file with the
Secretary of State of the State of Delaware on or before the Initial Closing the Amended and Restated Certificate of Incorporation in
the form of Exhibit E attached to this Agreement (the “Company’s Amended Certificate”).

 

 

    	 	14	 

     

    

 

(b)   
Purchase and Sale of Convertible Debentures. In exchange for the amount set forth opposite Investor’s name the Schedule
of Investors (the “Purchase Price”), and subject to the terms and conditions of this Agreement, the Issuer will sell
and issue to such Investor one or more convertible debentures providing for a fixed rate of eight percent (8%) per annum and with the
accrued interest payable to Investor quarterly (computed on the basis of a 365-day year and the actual number of days elapsed) over the
Convertible Debenture Term in the form attached to this Agreement as Exhibit B (the “Convertible Debenture”).
Each Convertible Debenture will have a principal balance equal to that portion of the Purchase Price paid by such Investor for such Convertible
Debenture, as set forth opposite Investor’s name in the Schedule of Investors, and at each Closing each Investor will deliver the
Purchase Price to the Issuer and the Issuer will deliver to each Investor one or more executed Convertible Debentures in return for the
respective Purchase Price provided to the Issuer.

 

(c)   
Conversion and Repayment. Each Convertible Debenture will be convertible into Conversion Securities pursuant to this Section
2.01(c).

 

 (i) Mandatory Conversion.

 

1)   
Next Equity Financing Conversion. The principal balance and any unpaid accrued interest (if such interest is not paid in
full by the Issuer concurrently with the conversion) on each Convertible Debenture will automatically convert into Conversion Securities
upon the closing of the Next Equity Financing. The number of Conversion Securities the Issuer issues upon such conversion will equal the
quotient (rounded down to the nearest whole share) obtained by dividing (x) the outstanding principal balance and unpaid accrued interest
under each converting Convertible Debenture by (y) the applicable Conversion Price. At least five (5) days prior to the closing of the
Next Equity Financing, the Issuer will notify the holder of each Convertible Debenture in writing of the terms of the Equity Securities
that are expected to be issued in such financing. The issuance of Conversion Securities pursuant to the conversion of each Convertible
Debenture will be on, and subject to, the same terms and conditions applicable to the Equity Securities issued in the Next Equity Financing.
For clarification, under no circumstances shall the Issuer offer any other security, with preferred rights or otherwise, in the Next Equity
Financing, and shall only offer the Equity Securities, without the advance written consent of the Lead Investor.

 

2)  
IPO. If, prior to the Maturity Date, there is an IPO, Investor will be required to convert the principal balance and any
unpaid accrued interest (if such interest is not paid in full by the Issuer concurrently with the conversion) on each Convertible Debenture
to the Equity Securities at the Conversion Price. The Issuer shall deliver to each Investor a written notice regarding such IPO or, with
respect to the Corporate Transaction, it shall deliver a written notice setting forth (A) the name of the acquirer and the surviving company,
(B) the price per class and series of capital security of the Issuer receivable in the Corporate Transaction and (C) the other known material
terms of the Corporate Transaction. Each Investor shall deliver the Convertible Debenture together with the conversion notice to the Issuer
not later than ten (10) business days after delivery of such notice.

 

 

    	 	15	 

     

    

 

3)  
Corporate Transaction Conversion. In the event of a Corporate Transaction prior to the conversion of a Convertible Debenture
pursuant to Section 2.01(c)(i)(1), Section 2.01(c)(i)(2) or Section 2.01(c)(ii)(2), or the repayment of such Convertible Debenture by
the Issuer, at the closing of such Corporate Transaction, the holder of each Convertible Debenture may elect that either: (a) the Issuer
will pay the holder of such Convertible Debenture an amount equal to the sum of (x) all accrued and unpaid interest due on such Convertible
Debenture and (y) two times (2X) the outstanding principal balance of such Convertible Debenture; or (b) such Convertible Debenture will
convert into that number of Conversion Securities equal to the quotient (rounded down to the nearest whole share) obtained by dividing
(x) the outstanding principal balance and any unpaid accrued interest (if such interest is not paid in full by the Issuer concurrently
with the conversion) on each Convertible Debenture on the date of conversion by (y) the applicable Conversion Price.

 

 (ii) Discretionary Conversion.

 

1)  
Maturity Conversion. At any time on or after the Maturity Date, at the election of the Lead Investor, each Convertible Debenture,
at the Investor, may convert into that number of Conversion Securities equal to the quotient (rounded down to the nearest whole share)
obtained by dividing (x) the outstanding principal balance and any unpaid accrued interest (if such interest is not paid in full by the
Issuer concurrently with the conversion) on each Convertible Debenture on the date of such conversion by (y) the applicable Conversion
Price.

 

2)  
Optional Conversion. Investor is entitled, at its option, any time after the date of issuance of the Convertible Debenture
but prior to or at the Maturity Date, to convert at any time and from time to time, until payment in full of the Convertible Debenture,
all or any part of principal balance and any unpaid accrued interest (if such interest is not paid in full by the Issuer at concurrently
with the conversion) into Conversion Securities, at the applicable Conversion Price. The number of shares of the Conversion Securities
shall be equal to (x) the principal amount of the Convertible Debenture being converted as of the date of conversion divided by (y) the
applicable Conversion Price. The Conversion Securities issued to Investor as a result of conversion in accordance with this Section 2.01(c)(ii)(2)
shall have the same rights, preferences and privileges as those applicable to other shares of the Issuer’s Common Stock.

 

 (iii) Procedure for Conversion Notice.

 

1)   Financing Agreements. Each Issuer acknowledges that the conversion of the Convertible Debentures into Conversion Securities
pursuant to Section 2.01(c) may require such Issuer’s execution of certain Financing Agreements. Each Investor agrees to execute
all of the Financing Agreements in connection with a Next Equity Financing.

 

2)   Certificates.
As promptly as practicable after the conversion of each Convertible Debenture and the issuance of the Conversion Securities, the
Issuer (at its expense) will issue and deliver to the holder thereof a certificate or certificates evidencing the Conversion
Securities (if certificated), or if the Conversion Securities are not certificated, will deliver a true and correct copy of the
Issuer's share register reflecting the Conversion Securities held by such holder. The Issuer will not be required to issue or
deliver the Conversion Securities until the holder of such Convertible Debenture has surrendered the Convertible Debenture to the
Issuer (or provided an instrument of cancellation or affidavit of loss). The conversion of the Convertible Debentures pursuant to
Section 2.01(c)(i)(1), 2.01(c)(i)(2) or 2.01(c)(i)(3) may be made contingent upon the closing of the Next Equity Financing, a
Qualified Financing or a Corporate Transaction, respectively.

 

 

    	 	16	 

     

    

 

3)  
Interest; Fractional Shares. In addition, upon such conversion in accordance with this Section 2.01(c), the Issuer shall
pay to Investor the date of conversion, in cash, any accrued and unpaid interest on the Convertible Debenture being converted. No fraction
of Equity Securities or scrip representing fractions of Equity Securities will be issued on conversion, but the number of Equity Securities
issuable shall be rounded to the nearest whole share.

 

(iv)  
Maturity Date Repayment. In the event that the Convertible Debenture(s) remain outstanding on the Maturity Date, and Investor
elects not to convert such Convertible Debenture(s) into Conversion Securities pursuant to Section 2.01(c)(ii)(1), then the outstanding
principal balance of the Convertible Debenture(s) and any unpaid accrued interest will become due and payable to Investor by the Issuer
immediately.

 

(v)  
Prepayment of Convertible Debenture(s). The principal amount of Convertible Debenture(s) and any accrued and unpaid interest
thereon, may not be prepaid by the Issuer unless such election to prepay the principal amount of the Convertible Debenture(s) and any
unpaid interest, is approved in advance in writing by the Lead Investor.

 

(vi)  
Reservation of the Issuer’s Common Stock. The Issuer shall reserve and keep available out of its authorized but unissued
shares of Issuer’s Common Stock, solely for the purpose of effectuating the conversion of the Convertible Debenture(s), such number
of shares of the Issuer’s Common Stock as shall from time to time be sufficient to effect such conversion, based upon the Conversion
Price. If at any time the Issuer does not have a sufficient number of Equity Securities authorized and available, then the Issuer’s
Board shall call and hold a special meeting of the Issuer’s Stockholders within thirty (30) days of that time or approve such additional
issuance of Equity Securities subject to the approval of the majority of the Issuer’s Stockholders in writing in accordance with
the Nevada General Corporation Law, for the sole purpose of increasing the number of authorized shares of the Issuer’s Common Stock,
which shall be effectuated by them in accordance with the Issuer’s Amended Articles, the Amended Bylaws and applicable Law.

 

Section 2.02Transactions Effected at the Closing.

 

 (a) At the Closing, Investor shall deliver to the Issuer:

 

(i)  
the Purchase Price by wire transfer of immediately available funds to an account of the Issuer designated in writing by the Issuer
and the Company to Investor, in the manner agreed to by the Parties; and

 

(ii)  
the Transaction Documents and all other agreements, documents, instruments or certificates required to be delivered by Investor
at or prior to the Closing pursuant to Section 6.03.

 

 

    	 	17	 

     

    

 

 (b) At the Closing, the Issuer shall deliver to Investor:

 

 (i) a Convertible Debenture evidencing the Securities; and

 

(ii)  
the Transaction Documents and all other agreements, documents, instruments or certificates required to be delivered by the Issuer
at or prior to the Closing pursuant to Section 6.02.

 

Section 2.03 Closing.
The initial purchase and sale of the Securities shall take place remotely via the exchange of documents and signatures, at 5:00 p.m. Eastern
Standard Time, on January 30, 2020, or at such other time, date and place as the Issuer and the Investors mutually agree, orally or in
writing (which time and place are designated as the “Initial Closing”). In the event there is more than one closing,
the term “Closing” shall apply to each such closing unless otherwise specified. At each Closing, the Issuer shall deliver
to each Investor a Convertible Debenture representing the Securities being purchased by such Investor at such Closing against payment
of the Purchase Price by check payable to the Issuer, by wire transfer to a bank account designated by the Issuer, by cancellation or
conversion of indebtedness of the Issuer or its subsidiaries (including the Company), including interest if expressly agreed by the Parties,
or by any combination of such methods. The date of the Initial Closing and each other Closing shall be referred to as the “Closing
Date”.

 

Section 2.04 Additional
Sales of the Securities. After the Initial Closing, the Issuer may sell and issue, pursuant to this Agreement, Convertible Debentures
in an additional amount of up to $1,875,000 (“Additional Securities”), to one or more purchasers (the “Additional
Investors”) reasonably acceptable to the Lead Investor by way of its advanced written consent, provided that (i) such subsequent
sale is consummated prior to three hundred and sixty-five days (365) days after the Initial Closing (which Additional Investors may include
the Lead Investor or any other Investor from the Initial Closing), and (ii) each Additional Investor becomes a party to the Transaction
Agreements (as defined below) by executing and delivering a counterpart signature page to each of the Transaction Agreements, as may be
applicable subject to the approval of the Issuer and the Lead Investor. The Schedule of Investors shall be updated to reflect the number
of Additional Securities purchased at each such Closing and the Parties purchasing such Additional Securities. All sales of Additional
Securities to the Lead Investor shall be upon the same price as provided in this Agreement. All sales to any other Investor may be at
a different price subject to the approval of the Issuer and the Lead Investor. For clarification, the aggregate principal amount of the
Private Offering shall not exceed $5,000,000.00.

 

Section 2.05 Use of Proceeds.
The proceeds from the issuance of the Securities shall be used by the Issuer (i) to effectuate the Merger and all related transactions
contemplated by the Merger with the Company concurrently with the Initial Closing under this Agreement, including the Private Offering,
and (ii) to fund immediately the Company for its working capital needs and general corporate purposes in connection with its lawful business
plans and activities. Under no circumstances shall the investment proceeds be used for any other purpose or business other than as related
to effectuating the Merger as contemplated by the Share Exchange Agreement and for the Company’s business plans and operations.

 

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF THE ISSUER

 

Except as set forth in the
correspondingly numbered Section of the Issuer’s Disclosure Schedules, the Issuer, and where specifically set forth below each of
the Issuer’s Officer, represents and warrants to Investor that the statements contained in this Article III are true and correct
as of the Agreement Date.

 

 

    	 	18	 

     

    

 

Section 3.01 Organization,
Qualification and Authority of the Issuer. The Issuer is a corporation duly organized, validly existing and in good standing under
the Laws of the state of Nevada and has full corporate power and authority to (a) enter into this Agreement and the other Transaction
Documents to which the Issuer is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated
hereby and thereby and (b) own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business
as it has been and is currently conducted. Section 3.01 of the Issuer’s Disclosure Schedules sets forth each jurisdiction in which
the Issuer is licensed or qualified to do business, and the Issuer is duly licensed or qualified to do business and is in good standing
in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such
licensing or qualification necessary. The execution and delivery by the Issuer of this Agreement and any other Transaction Document to
which the Issuer is a party, the performance by the Issuer of its obligations hereunder and thereunder and the consummation by the Issuer
of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of the Issuer.
This Agreement has been duly executed and delivered by the Issuer, and (assuming due authorization, execution and delivery by Investor)
this Agreement constitutes a legal, valid and binding obligation of the Issuer enforceable against the Issuer in accordance with its terms.
When each other Transaction Document to which the Issuer is or will be a party has been duly executed and delivered by the Issuer (assuming
due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding
obligation of the Issuer enforceable against it in accordance with its terms.

 

Section 3.02Capitalization.

 

(a)  
As set forth on Section 3.02(a) of the Issuer’s Disclosure Schedules, the authorized capital stock of the Issuer as of immediately
following the Closing after giving effect to the transactions contemplated by this Agreement consists of (i) 4,409,605,200 shares of the
Issuer’s Common Stock, par value $0.001 per share, of which 440,960,520 shares are issued and outstanding to the Issuer’s
Stockholders immediately prior to the Initial Closing, (ii) 3,593,644,480 shares are being issued to the Company’s Stockholders
(some of whom are the Company’s Lenders) pursuant to the Merger, and (iii) 375,000,000 shares are reserved for issuance to Investors
in connection with the conversion of the Convertible Debentures; and, further, immediately after the Initial Closing, the total authorized
number of shares of the Issuer’s Common Stock under the Amended Articles will be 4,409,605,200, of which a total of 4,034,605,200
will be issued and outstanding after giving effect to the transactions contemplated by this Agreement, including the Merger.

 

(b)  
As of immediately following the Closing after giving effect to the transactions contemplated by this Agreement, (i) all of the
issued and outstanding shares of capital stock of the Issuer will have been duly authorized, validly issued, fully paid and non-assessable,
and will be owned of record and beneficially as set forth on Section 4.02(a) of the Issuer’s Disclosure Schedules, (ii) all of
the issued and outstanding shares of capital stock of the Issuer will have been issued in compliance with all applicable federal and
state securities Laws, (iii) none of the issued and outstanding shares of capital stock of the Issuer will have been issued in violation
of any agreement, arrangement or commitment to which the Issuer or any of its Affiliates is a party or is subject to or in violation
of any preemptive or similar rights of any Person, and (iv) all of the Securities will have the rights, preferences, powers, restrictions
and limitations set forth in the Issuer’s Amended Articles and under the Nevada Business Corporation Law. The Issuer’s Common
Stock issuable upon conversion of the Securities in accordance with the Issuer’s Amended Articles have been duly reserved for issuance
and, upon such issuance, such shares of the Issuer’s Common Stock will be (x) duly authorized, validly issued, fully paid and non-assessable
and (y) issued in compliance with applicable all federal and state securities Laws.

 

 

    	 	19	 

     

    

 

(c)  
There are no outstanding or authorized (i) stock options or (ii) any other, warrants, convertible securities or other rights, agreements,
arrangements or commitments of any character relating to the capital stock of the Issuer or obligating the Issuer to issue or sell any
shares of capital stock of, or any other interest in, the Issuer, in each case, including the number and kind of securities reserved for
issuance on exercise or conversion of any such securities or other rights, the exercise or conversion price of any such securities or
other rights and any applicable vesting schedule for any such securities or other rights. The Issuer does not have outstanding, authorized,
or in effect any stock appreciation, phantom stock, profit participation or similar rights. There are no voting trusts, stockholder agreements,
proxies or other agreements, understandings or obligations in effect with respect to the voting, transfer or sale (including any rights
of first refusal, rights of first offer or drag-along rights), issuance (including any pre-emptive or anti-dilution rights), redemption
or repurchase (including any put or call or buy-sell rights), or registration (including any related lock-up or market standoff agreements)
of any shares of capital stock or other securities of the Issuer.

 

Section 3.03 No Subsidiaries.
The Issuer does not, directly or indirectly, own, control or have any interest in any shares or other ownership interest in any other
Person.

 

Section 3.04 No Conflicts;
Consents. The execution, delivery and performance by the Issuer of this Agreement and the other Transaction Documents to which it
is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) conflict with or result
in a violation or breach of, or default under, any provision of the certificate of incorporation, by-laws or other organizational documents
of the Issuer; (b) conflict with or result in a violation or breach of any provision of any Law or Governmental Order applicable to the
Issuer; (c) require the consent or waiver of, notice to or other action by any Person under, conflict with, result in a violation or breach
of, constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default under, result in
the acceleration of or create in any party the right to accelerate, terminate, modify or cancel any Contract to which the Issuer is a
party or by which the Issuer is bound or to which any of its properties and assets are subject (including any Material Contract) or any
Permit affecting the properties, assets or business of the Issuer; or (d) result in the creation or imposition of any Encumbrance other
than Permitted Encumbrances on any properties or assets of the Issuer. No consent, approval, Permit, Governmental Order, declaration or
filing with, or notice to, any Governmental Authority is required by or with respect to the Issuer in connection with the execution and
delivery of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby.

 

Section 3.05 Undisclosed
Liabilities. The Issuer has no liabilities, obligations or commitments of any nature whatsoever, asserted or unasserted, known or
unknown, absolute or contingent, accrued or unaccrued, matured or unmatured or otherwise (“Liabilities”) of a type
required to be reflected on a balance sheet prepared in accordance with GAAP, except (a) those which are adequately reflected or reserved
against in the Balance Sheet as of the Balance Sheet Date, and (b) those which have been incurred in the ordinary course of business consistent
with past practice since the Balance Sheet Date and which are not, individually or in the aggregate, material in amount.

 

Section 3.06 Insurance.
The Issuer has no current policies or binders of fire, liability, product liability, umbrella liability, real and personal property,
workers’ compensation, vehicular, directors’ and officers’ liability, fiduciary liability and other casualty and property
insurance maintained by the Issuer or its Affiliates and relating to the assets, business, operations, employees, officers and directors
of the Issuer (collectively, the “Insurance Policies”).

 

 

    	 	20	 

     

    

 

Section 3.07Legal Proceedings; Governmental Orders.

 

(a)  
There are no Actions pending or, to the Issuer’s Knowledge, threatened against or by the Issuer affecting any of its properties
or assets (or by or against the Issuer or any Affiliate thereof and relating to the Issuer). No event has occurred or circumstances exist
that may give rise to, or serve as a basis for, any such Action.

 

(b)  
There are no outstanding Governmental Orders and no unsatisfied judgments, penalties or awards against or affecting the Issuer
or any of its properties or assets.

 

Section 3.08Compliance with Laws; Permits.

 

(a)   
The Issuer has complied, and is now complying, with all Laws applicable to it or its business, properties or assets.

 

(b)  
All Permits required for the Issuer to conduct its business have been obtained by it and are valid and in full force and effect.
All fees and charges with respect to such Permits as of the Agreement Date have been paid in full. Section 3.08(b) of the Issuer’s
Disclosure Schedules lists all current Permits issued to the Issuer, including the names of the Permits and their respective dates of
issuance and expiration. No event has occurred that, with or without notice or lapse of time or both, would reasonably be expected to
result in the revocation, suspension, lapse or limitation of any Permit set forth in Section 3.08(b) of the Issuer’s Disclosure
Schedules.

 

Section 3.09Taxes.

 

(a)  
All of the Issuer’s disclosures in its SEC filings regarding Tax Returns were complete and correct in all respects. All Taxes
due and owing by the Issuer (whether or not shown on any Tax Return) have been timely paid; provided that at all times in the SEC filings,
the disclosures showed net losses.

 

(b)  
The Issuer has withheld and paid each Tax required to have been withheld and paid in connection with amounts paid or owing to any
employee, independent contractor, creditor, customer, shareholder or other party, and complied with all information reporting and backup
withholding provisions of applicable Law.

 

(c)  
No extensions or waivers of statutes of limitations have been given or requested with respect to any Taxes of the Issuer.

 

(d)  
All deficiencies asserted, or assessments made, against the Issuer as a result of any examinations by any taxing authority have
been fully paid.

 

(e)  
The Issuer is not a party to any Action by any taxing authority. There are no pending or threatened Actions by any taxing authority.

 

 

    	 	21	 

     

    

 

(f)   The Issuer has delivered to Investor copies of all federal, state, local and foreign income, franchise and similar Tax Returns,
examination reports, and statements of deficiencies assessed against, or agreed to by, the Issuer for all Tax periods since its inception.

 

(g)  The Issuer has not been a member of an affiliated, combined, consolidated or unitary Tax group for Tax purposes. The Issuer has
no Liability for Taxes of any Person (other than the Issuer) under Treasury Regulations Section 1.1502-6 (or any corresponding provision
of state, local or foreign Law), as transferee or successor, by contract or otherwise.

 

Section 3.10 Books and
Records. The minute books and stock record books of the Issuer, all of which have been made available to Investor, are complete and
correct and have been maintained in accordance with sound business practices. The minute books of the Issuer contain in all material respects
accurate and complete records of all meetings, and actions taken by written consent of, the stockholders, the board of directors and any
committees of the board of directors of the Issuer, and no meeting, or action taken by written consent, of any such stockholders, board
of directors or committee has been held for which minutes have not been prepared and are not contained in such minute books.

 

Section 3.11 Brokers. No
broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions
contemplated by this Agreement or any other Transaction Document based upon arrangements made by or on behalf of the Issuer.

 

Section 3.12 Transactions
With Affiliates. There are no Contracts or other transactions between or among the Issuer, on the one hand, and any officer, director,
employee, present or former stockholder (including any spouse, parent, sibling, descendants (including adoptive relationships and stepchildren)
of any such natural persons, or trust or other entity in which any such natural persons or such other individuals owns or otherwise holds
any beneficial interest in) or Affiliate of the Issuer, on the other hand.

 

Section 3.13 Foreign Corrupt
Practices Act. Neither the Issuer nor, to the Issuer’s knowledge, any other person associated with or acting on behalf of the
Issuer, including, without limitation, any director, officer, agent, employee or Affiliate of the Issuer has (a) used any corporate funds
for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity or to influence official action;
(b) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (c)
made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment; or (d) violated or is in violation of any provision
of the U.S. Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder; and the Issuer has instituted
and maintains policies and procedures designed to ensure compliance therewith.

 

Section 3.14 Full Disclosure.
No representation or warranty by the Issuer in this Agreement and no statement contained in the Issuer’s Disclosure Schedules
to this Agreement or any certificate or other document furnished or to be furnished to Investor pursuant to this Agreement contains any
untrue statement of a material fact, or omits to state a material fact necessary to make the statements contained therein, in light of
the circumstances in which they are made, not misleading. To the Knowledge of the Issuer, there is no event or circumstance that the Issuer
has not disclosed to Investor which could reasonably be expected to have a Material Adverse Effect.

 

Section 3.15“Bad Actor” Matters.

 

 (a) Definitions. For purposes of this Section 3.15 and Section 4.25:

 

 

    	 	22	 

     

    

 

(i)  
“Disqualified Designee” means any director designee to whom any Disqualification Event is applicable, except
for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable.

 

(ii)   “Disqualification Event” means a “bad actor” disqualifying event described in Rule 506(d)(1)(i)-(viii)
promulgated under the Securities Act.

 

(iii)  
“Issuer Covered Person” means, with respect to the Issuer as an “issuer” for purposes of Rule 506
promulgated under the Securities Act, any Person listed in the first paragraph of Rule 506(d)(1).

 

(iv)   
“Rule 506(d) Related Party” means, with respect to any Person, any other Person that is a beneficial owner of
such first Person’s securities for purposes of Rule 506(d) under the Securities Act.

 

(b)  
Representations. Each Person with the right to designate or participate in the designation of a director pursuant to this
Agreement hereby represents that (i) such Person has exercised reasonable care to determine whether any Disqualification Event is applicable
to such Person, any director designee designated by such Person pursuant to this Agreement or any of such Person’s Rule 506(d) Related
Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable and (ii)
no Disqualification Event is applicable to such Person, any Board member designated by such Person pursuant to this Agreement or any of
such Person’s Rule 506(d) Related Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or
(iii) or (d)(3) is applicable. Notwithstanding anything to the contrary in this Agreement, each Investor makes no representation regarding
any Person that may be deemed to be a beneficial owner of the Issuer’s voting equity securities held by such Investor solely by
virtue of that Person being or becoming a party to (x) this Agreement, as may be subsequently amended, or (y) any other contract or written
agreement to which the Issuer and such Investor are parties regarding (1) the voting power, which includes the power to vote or to direct
the voting of, such security; and/or (2) the investment power, which includes the power to dispose, or to direct the disposition of, such
security. The Issuer hereby represents and warrants to the Investors that no Disqualification Event is applicable to the Issuer or, to
the Issuer’s knowledge, any Issuer Covered Person, except for a Disqualification Event as to which Rule 506(d)(2)(ii–iv) or
(d)(3) is applicable.

 

(c)  
Related Covenants. Each Person with the right to designate or participate in the designation of a director pursuant to this
Agreement covenants and agrees (i) not to designate or participate in the designation of any director designee who, to such Person’s
knowledge, is a Disqualified Designee, (ii) to exercise reasonable care to determine whether any director designee designated by such
person is a Disqualified Designee, (iii) that in the event such Person becomes aware that any individual previously designated by any
such Person is or has become a Disqualified Designee, such Person shall as promptly as practicable take such actions as are necessary
to remove such Disqualified Designee from the Board and designate a replacement designee who is not a Disqualified Designee, and (iv)
to notify the Issuer promptly in writing in the event a Disqualification Event becomes applicable to such Person or any of its Rule 506(d)
Related Parties, or, to such Person’s knowledge, to such Person’s initial designee named above, except, if applicable, for
a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable.

 

 

    	 	23	 

     

    

 

Section 3.16 Certain Representations
by the Issuer’s Officer. Each of the Issuer’s Officer, severally and not jointly, represents and warrants to each Investor
as of the date of the Closing at which such Investor is purchasing the Securities, as follows:

 

(a)  
Conflicting Agreements. Such Issuer’s Officer is not, as a result of the nature of the business now conducted or presently
proposed to be conducted by the Issuer or for any other reason, in violation of: (i) any fiduciary or confidential relationship; (ii)
any term of any contract or covenant (either with the Issuer or with another entity) relating to employment, patents, assignment of inventions,
confidentiality, proprietary information disclosure, non-competition or non-solicitation; or (iii) any other contract or agreement, or
any judgment, decree or order of any court or administrative agency binding on such Issuer’s Officer and relating to or affecting
the right of such Issuer’s Officer to be employed by or serve as a director or consultant to the Issuer. No such relationship, term,
contact, agreement, judgment, decree or order conflict with such Issuer’s Officer’s obligations to use his or her best efforts
to promote the interests of the Issuer nor does the execution and delivery of this Agreement, nor such Issuer’s Officer’s
carrying on the Issuer’s business as a director, officer, consultant or employee of the Issuer, conflict with any such relationship,
term, contract, agreement, judgment, decree or order.

 

(b)  
Stockholder Agreements. Except as contemplated by or disclosed in the Transaction Agreements, the Issuer is not a party
to and such Issuer’s Officer has no knowledge of any agreements, written or oral, relating to the acquisition, disposition, registration
under the Securities Act, or voting of the securities of the Issuer.

 

(c)  
Prior Legal Matters. Such Issuer’s Officer has not been: (i) subject to voluntary or involuntary petition under the
federal bankruptcy laws or any state insolvency law or the appointment of a receiver, fiscal agent or similar officer by a court for his
or her business or property; (b) convicted in a criminal proceeding or named as a subject of a pending criminal proceeding (excluding
traffic violations and other minor offenses); (c) subject to any order, judgment, or decree (not subsequently reversed, suspended, or
vacated) of any court of competent jurisdiction permanently or temporarily enjoining him or her from engaging, or otherwise imposing limits
or conditions on his or her engagement in any securities, investment advisory, banking, insurance, or other type of business or acting
as an officer or director of a public company; or (d) found by a court of competent jurisdiction in a civil action or by the SEC or the
Commodity Futures Trading Commission, or any state securities regulatory bodies, to have violated any federal or state securities, commodities
or unfair trade practices law, which such judgment or finding has not been subsequently reversed, suspended, or vacated.

 

Section 3.17 Previous Reporting
Company. Through the date immediately prior to its filing of the Issuer’s Form 15 and the acceptance by the SEC of the Issuer’s
Form 15:

 

(a)  
SEC Reporting. All SEC registration statements, prospectuses, reports, schedules, forms, statements, and other documents
available on EDGAR (including exhibits and schedules thereto and all other information incorporated by reference) required to be filed
or furnished by it with the SEC (the "Issuer SEC Documents"), as true, correct, and complete copies thereof, are publicly
available in the Electronic Data Gathering, Analysis, and Retrieval database of the Securities Exchange Commission ("EDGAR").

 

(b)  
Termination of Registration. Effective March 3, 2015, the Issuer terminated its registration under Section 12(g) of the
Exchange Act by filing the Issuer’s Form 15 and such registration has not been reinstated.

 

 

    	 	24	 

     

    

 

(c)  
FINRA; OTC. Form 211 (together with all schedules, exhibits and disclosures, as applicable) (the “Form 211”)
has been filed with and approved by the Financial Industry Regulatory Authority (“FINRA”). The Issuer’s Common
Stock is currently listed on OTC under the symbol “GPLA”; provided, however, OTC has not updated yet the trading and reporting
status of the Issuer to Pink Sheets Current Information, although the Issuer has submitted to OTC all required reports, financial information
and other required disclosure. The Issuer’s trading and reporting status on the OTC currently displays a restriction “Dark:
Alternative Reporting Standard (Pink No Information)”. The Issuer expects an update in its status to Pink Sheets Current Information
upon the completion of the review and approval of its filings by OTC; provided that, subsequent to the Merger, the Issuer, to its knowledge,
will be required to undertake additional efforts under OTC guidelines in order to update its trading status to Pink Sheets Current Information
with OTC including, without limitation, providing information on the Merger , Private Offering and post-Initial Closing board members.
The Issuer is not aware of any facts or circumstances that will cause OTC to fail to make such update. OTC has not designated the Issuer’s
securities as “Caveat Emptor”.

 

ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

 

Except as set forth in the
correspondingly numbered Section of the Company’s Disclosure Schedules, the Company represents and warrants to Investor that the
statements contained in this Article III are true and correct as of the Agreement Date.

 

Section 4.01 Organization,
Qualification and Authority of the Company. The Company is a corporation duly organized, validly existing and in good standing under
the Laws of the state of Delaware and has full corporate power and authority to (a) enter into this Agreement and the other Transaction
Documents to which the Company is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated
hereby and thereby and (b) own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business
as it has been and is currently conducted. Section 4.01 of the Company’s Disclosure Schedules sets forth each jurisdiction in which
the Company is licensed or qualified to do business, and the Company is duly licensed or qualified to do business and is in good standing
in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such
licensing or qualification necessary. The execution and delivery by the Company of this Agreement and any other Transaction Document to
which the Company is a party, the performance by the Company of its obligations hereunder and thereunder and the consummation by the Company
of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of the Company.
This Agreement has been duly executed and delivered by the Company, and (assuming due authorization, execution and delivery by Investor)
this Agreement constitutes a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its
terms. When each other Transaction Document to which the Company is or will be a party has been duly executed and delivered by the Company
(assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and
binding obligation of the Company enforceable against it in accordance with its terms.

 

Section 4.02 Capitalization.

 

(a)  
As set forth on Section 4.02(a) of the Issuer’s Disclosure Schedules, the authorized capital stock of the Issuer as of immediately
following the Closing after giving effect to the transactions contemplated by this Agreement consists of (i) 3,000,000 shares of the
Issuer’s Common Stock, par value $0.001 per share, authorized, of which:

 

 

    	 	25	 

     

    

 

(i)   2,887,175 shares are issued and outstanding immediately prior to the Merger, which includes the following conversion events in
connection with the Merger:

 

1)  
1,328,381 shares resulting from the conversion of certain Simple Agreements for Future Tokens (to be exchanged for 1,653,425,404
shares of the Issuer’s Common Stock);

 

2)   
93,106 shares resulting from the conversion of certain outstanding warrants issued by the Company (to be exchanged for 115,888,490)
shares of the Issuer’s Common Stock;

 

3)   126,646 shares resulting from the conversion of stock options issued by the Company (to be exchanged for 157,635,309 shares of
the Issuer’s Common Stock); and

 

4)   
336,692 shares resulting from the conversion of the Swingbridge Conversion and Release Agreement (to be exchanged for 419,078,082
shares of the Issuer’s Common Stock).

 

(b)  
As of immediately following the Closing after giving effect to the transactions contemplated by this Agreement, (i) all of the
issued and outstanding shares of capital stock of the Company will have been duly authorized, validly issued, fully paid and non-assessable,
and will be owned of record and beneficially by the Issuer, (ii) all of the issued and outstanding shares of capital stock of the Company
will have been issued in compliance with all applicable federal and state securities Laws, (iii) none of the issued and outstanding shares
of capital stock of the Company will have been issued in violation of any agreement, arrangement or commitment to which the Company or
any of its Affiliates is a party or is subject to or in violation of any preemptive or similar rights of any Person, and (iv) all of the
shares of capital stock of the Company will have the rights, preferences, powers, restrictions and limitations set forth in the Amended
Certificate and under the Delaware General Corporation Law.

 

(c)  
Section 4.02(c) of the Company’s Disclosure Schedules also sets forth, as of immediately following the Closing after giving
effect to the transactions contemplated by this Agreement, and to any other, warrants, convertible securities or other rights, agreements,
arrangements or commitments of any character relating to the capital stock of the Company or obligating the Company to issue or sell any
shares of capital stock of, or any other interest in, the Company, in each case, including the number and kind of securities reserved
for issuance on exercise or conversion of any such securities or other rights, the exercise or conversion price of any such securities
or other rights and any applicable vesting schedule for any such securities or other rights. The Company does not have outstanding, authorized,
or in effect any stock appreciation, phantom stock, profit participation or similar rights. There are no voting trusts, stockholder agreements,
proxies or other agreements, understandings or obligations in effect with respect to the voting, transfer or sale (including any rights
of first refusal, rights of first offer or drag-along rights), issuance (including any pre-emptive or anti-dilution rights), redemption
or repurchase (including any put or call or buy-sell rights), or registration (including any related lock-up or market standoff agreements)
of any shares of capital stock or other securities of the Company.

 

Section 4.03 No Subsidiaries.
The Company does not, directly or indirectly, own, control or have any interest in any shares or other ownership interest in any
other Person, other than: (i) AR Athena Holding Company S.R.L., an Argentine company; (ii) Athena Holdings Colombia SAS, a Colombian
company; and (iii) Athena Bitcoin, S. de R.L. de C.V., a Mexican company (collectively, the “Company’s Subsidiaries”).
None of the Company’s Subsidiaries are subject to any lawsuits, investigations, bankruptcy or other insolvency proceedings, or
have otherwise received any notifications from any Governmental Authority or other Person regarding the threat thereof. The Company’s
Subsidiaries are in compliance with Law.

 

 

    	 	26	 

     

    

 

Section 4.04 No Conflicts;
Consents. The execution, delivery and performance by the Company of this Agreement and the other Transaction Documents to which it
is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) conflict with or result
in a violation or breach of, or default under, any provision of the certificate of incorporation, by-laws or other organizational documents
of the Company; (b)   conflict with or result
in a violation or breach of any provision of any Law or Governmental Order applicable to the Company; (c) require the consent or waiver
of, notice to or other action by any Person under, conflict with, result in a violation or breach of, constitute a default or an event
that, with or without notice or lapse of time or both, would constitute a default under, result in the acceleration of or create in any
party the right to accelerate, terminate, modify or cancel any Contract to which the Company is a party or by which the Company is bound
or to which any of its properties and assets are subject (including any Material Contract) or any Permit affecting the properties, assets
or business of the Company; or (d) result in the creation or imposition of any Encumbrance other than Permitted Encumbrances on any properties
or assets of the Company. No consent, approval, Permit, Governmental Order, declaration or filing with, or notice to, any Governmental
Authority is required by or with respect to the Company in connection with the execution and delivery of this Agreement and the other
Transaction Documents and the consummation of the transactions contemplated hereby and thereby.

 

Section 4.05 Financial
Statements; Projections. Complete copies of the Company’s audited financial statements consisting of the balance sheet of the
Company as at December 31 in each of the years 2017, 2018 and 2019 and the related statements of income and retained earnings, stockholders’
equity and cash flow for the years then ended (the “Financial Statements”) have been delivered to Investor. The Financial
Statements have been prepared in accordance with GAAP applied on a consistent basis throughout the period involved. The Financial Statements
are based on the books and records of the Company, and fairly present in all material respects the financial condition of the Company
as of the respective dates they were prepared and the results of the operations of the Company for the periods indicated. The unaudited
balance sheet of the Company as of December 31, 2019 is referred to herein as the “Balance Sheet” and the date thereof
as the “Balance Sheet Date”. The Company maintains a standard system of accounting established and administered in
accordance with GAAP.

 

Section 4.06 Undisclosed
Liabilities. Except as set forth on Section 4.06 of the Disclosure Schedule, the Company has no Liabilities of a type required to
be reflected on a balance sheet prepared in accordance with GAAP, except (a) those which are adequately reflected or reserved against
in the Balance Sheet as of the Balance Sheet Date, and (b) those which have been incurred in the ordinary course of business consistent
with past practice since the Balance Sheet Date and which are not, individually or in the aggregate, material in amount.

 

Section 4.07 Absence of
Certain Changes, Events and Conditions. Since the Balance Sheet Date, and other than in the ordinary course of business consistent
with past practice or as set forth on Section 4.07 of the Company’s Disclosure Schedules, there has not been, with respect to the
Company, any:

 

(a)  
event, occurrence or development that has had, or could reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect;

 

 (b) amendment of the charter, by-laws or other organizational documents of the Company;

 

 (c) split, combination or reclassification of any shares of its capital stock;

 

 

    	 	27	 

     

    

 

(d)  
issuance, sale or other disposition of any of its capital stock, or grant of any options, warrants or other rights to purchase
or obtain (including upon conversion, exchange or exercise) any of its capital stock;

 

(e)   declaration or payment of any dividends or distributions on or in respect of any of its capital stock or redemption, purchase or
acquisition of its capital stock;

 

(f)  
change in any method of accounting or accounting practice of the Company, except as required by GAAP or as disclosed in the notes
to the Financial Statements;

 

(g)   incurrence, assumption or guarantee of any indebtedness for borrowed money except unsecured current obligations and Liabilities
incurred in the ordinary course of business consistent with past practice;

 

(h)  transfer, assignment, sale or other disposition of any of the assets shown or reflected in the Balance Sheet or cancellation, discharge
or payment of any debts, liens or entitlements;

 

(i)   
transfer, assignment or grant of any license or sublicense of any material rights under or with respect to any Intellectual Property;

 

 (j) any capital investment in, or any loan to, any other Person;

 

(k)  
acceleration, termination, material modification or amendment to or cancellation of any material Contract (including, but not limited
to, any Material Contract) to which the Company is a party or by which it is bound;

 

 (l) any material capital expenditures;

 

(m)   imposition of any Encumbrance upon any of the Company properties, capital stock or assets, tangible or intangible;

 

(n)   adoption, modification or termination of any: (i) material employment, severance, retention or other agreement with any current
or former employee, officer, director, independent contractor or consultant, (ii) Benefit Plan or (iii) collective bargaining or other
agreement with a Union, in each case whether written or oral;

 

(o)   
any loan to (or forgiveness of any loan to), or entry into any other transaction with, any of its stockholders, directors, officers
and employees;

 

(p)  
entry into a new line of business or abandonment or discontinuance of existing lines of business;

 

(q)   
adoption of any plan of merger, consolidation, reorganization, liquidation or dissolution or filing of a petition in bankruptcy
under any provisions of federal or state bankruptcy Law or consent to the filing of any bankruptcy petition against it under any similar
Law;

 

(r)  
acquisition by merger or consolidation with, or by purchase of a substantial portion of the assets or stock of, or by any other
manner, any business or any Person or any division thereof; or

 

 

    	 	28	 

     

    

 

(s)   any Contract to do any of the foregoing, or any action or omission that would result in any of the foregoing.

 

Section 4.08Material Contracts.

 

(a)   
Section 4.08(a) of the Company’s Disclosure Schedules lists each of the following Contracts of the Company (such Contracts,
together with all Contracts concerning the occupancy, management or operation of any Real Property (including without limitation, brokerage
contracts) listed or otherwise disclosed in Section 4.09(b) of the Company’s Disclosure Schedules and all Contracts relating to
Intellectual Property set forth in Sections 10(b) of the Company’s Disclosure Schedules, being “Material Contracts”):

 

(i)   
all Contracts that require the Company to purchase its total requirements of any product or service from a third party or that
contain “take or pay” provisions;

 

(ii)   
all Contracts that provide for the indemnification by the Company of any Person or the assumption of any Tax, environmental or
other Liability of any Person;

 

(iii)  
all Contracts that relate to the acquisition or disposition of any business, a material amount of stock or assets of any other
Person or any real property (whether by merger, sale of stock, sale of assets or otherwise);

 

(iv)   all broker, distributor, dealer, manufacturer’s representative, franchise, agency, sales promotion, market research, marketing
consulting and advertising Contracts to which the Company is a party;

 

(v)   
except for Contracts relating to trade receivables, all Contracts relating to indebtedness (including, without limitation, guarantees)
of the Company;

 

 (vi) all Contracts with any Governmental Authority to which the Company is a party;

 

(vii)  
all Contracts that limit or purport to limit the ability of the Company to compete in any line of business or with any Person or
in any geographic area or during any period of time;

 

(viii)  
any Contracts to which the Company is a party that provide for any joint venture, partnership or similar arrangement by the Company;

 

(ix)  
all collective bargaining agreements or Contracts with any Union to which the Company is a party; and

 

(x)   
any other Contract that is material to the Company and not previously disclosed pursuant to this Section 4.08.

 

(b)   Each
Material Contract is valid and binding on the Company in accordance with its terms and is in full force and effect. None of the Company
or, to the Company’s Knowledge, any other party thereto is in breach of or default under (or is alleged to be in breach of or default
under) in any material respect or has provided or received any notice of any intention to terminate, any Material Contract. No event
or circumstance has occurred that, with notice or lapse of time or both, would constitute an event of default under any Material Contract
or result in a termination thereof or would cause or permit the acceleration or other changes of any right or obligation or the loss
of any benefit thereunder. Complete and correct copies of each Material Contract (including all modifications, amendments and supplements
thereto and waivers thereunder) have been made available to Investor.

 

 

    	 	29	 

     

    

 

Section 4.09 Title to Assets; Real Property.

 

(a)   
The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold
interest in, all Real Property and personal property and other assets reflected in the Financial Statements or acquired after the Balance
Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice
since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except
for the following (collectively referred to as “Permitted Encumbrances”):

 

 (i) those items set forth in Section 4.09(a) of the Company’s Disclosure Schedules;

 

(ii)  liens for Taxes not yet due and payable or being contested in good faith by appropriate procedures and for which there are adequate
accruals or reserves on the Balance Sheet;

 

(iii)  mechanics, carriers’, workmen’s, repairmen’s or other like liens arising or incurred in the ordinary course of
business consistent with past practice or amounts that are not delinquent, and which are not, individually or in the aggregate, material
to the business of the Company;

 

(iv)   easements, rights of way, zoning ordinances and other similar encumbrances affecting Real Property which are not, individually
or in the aggregate, material to the business of the Company; or

 

(v)  
other than with respect to owned Real Property, liens arising under original purchase price conditional sales contracts and equipment
leases with third parties entered into in the ordinary course of business consistent with past practice which are not, individually or
in the aggregate, material to the business of the Company.

 

(b)   Section
4.09(b) of the Company’s Disclosure Schedules lists (i) the street address of each parcel of Real Property; (ii) if such
property is leased or subleased by the Company, the landlord under the lease, the rental amount currently being paid, and the
expiration of the term of such lease or sublease for each leased or subleased property; and (iii) the current use of such property.
With respect to owned Real Property, the Company has delivered or made available to Investor true, complete and correct copies of
the deeds and other instruments (as recorded) by which the Company acquired such Real Property, and copies of all title insurance
policies, opinions, abstracts and surveys in the possession of the Company and relating to the Real Property. With respect to leased
Real Property, the Company has delivered or made available to Investor true, complete and correct copies of any leases affecting the
Real Property. The Company is not a sublessor or grantor under any sublease or other instrument granting to any other Person any
right to the possession, lease, occupancy or enjoyment of any leased Real Property. The use and operation of the Real Property in
the conduct of the Company’s business do not violate in any material respect any Law, covenant, condition, restriction,
easement, license, permit or agreement. No material improvements constituting a part of the Real Property encroach on real property
owned or leased by a Person other than the Company. There are no Actions pending nor, to the Company’s Knowledge, threatened
against or affecting the Real Property or any portion thereof or interest therein in the nature or in lieu of condemnation or
eminent domain proceedings.

 

 

    	 	30	 

     

    

 

Section 4.10Intellectual Property.

 

(a)  
“Intellectual Property” means any and all trademarks and domain names; original works of authorship and related
copyrights; trade secrets, whether or not patentable; designs and inventions and related patents; and similar intangible property in which
any Person holds proprietary rights, title, interests or protections, however arising, pursuant to the Laws of any jurisdiction throughout
the world, all applications, registrations, renewals, issues, reissues, extensions, divisions and continuations in connection with any
of the foregoing and the goodwill connected with the use of and symbolized by any of the foregoing.

 

(b)   Section 4.10(b) of the Company’s Disclosure Schedules lists all of the Company’s Intellectual Property that is either
(i) subject to any issuance, registration, application or other filing by, to or with any Governmental Authority or authorized private
registrar in any jurisdiction (collectively, “Intellectual Property Registrations”), including registered trademarks,
domain names and copyrights, issued and reissued patents and pending applications for any of the foregoing; or (ii) used in or necessary
for the Company’s current or planned business or operations (collectively, “Company Intellectual Property”).
All required filings and fees related to the Intellectual Property Registrations have been timely filed with and paid to the relevant
Governmental Authorities and authorized registrars, and all Intellectual Property Registrations are otherwise in good standing.

 

(c)  
The Company owns, exclusively or jointly with other Persons, all right, title and interest in and to the Company Intellectual Property,
free and clear of Encumbrances. Without limiting the generality of the foregoing, the Company has entered into binding, written agreements
with every current and former employee of the Company, and with every current and former independent contractor, whereby such employees
and independent contractors (i) assign to the Company any ownership interest and right they may have in the Company Intellectual Property;
and (ii) acknowledge the Company’s exclusive ownership of all Company Intellectual Property. The Company is in full compliance with
all legal requirements applicable to the Company Intellectual Property and the Company’s ownership and use thereof.

 

(d)  
Section 4.10(d) of the Company’s Disclosure Schedules lists all licenses, sublicenses and other agreements whereby the Company
is granted rights, interests and authority, whether on an exclusive or non-exclusive basis, with respect to any licensed Intellectual
Property that is used in or necessary for the Company’s current or planned business or operations. All such agreements are valid,
binding and enforceable between the Company and the other parties thereto, and the Company and such other parties are in full compliance
with the terms and conditions of such agreements.

 

(e)   The Company Intellectual Property and Licensed Intellectual Property as currently or formerly owned, licensed or used by the Company
or proposed to be used, and the Company’s conduct of its business as currently and formerly conducted and proposed to be conducted
have not, do not and will not infringe, violate or misappropriate the Intellectual Property of any Person. The Company has not received
any communication, and no Action has been instituted, settled or, to the Company’s Knowledge, threatened that alleges any such infringement,
violation or misappropriation, and none of the Company Intellectual Property are subject to any outstanding Governmental Order.

 

 

    	 	31	 

     

    

(f)   Section 4.10(f) of the Company’s Disclosure Schedules lists all licenses, sublicenses and other agreements pursuant to which
the Company grants rights or authority to any Person with respect to any Company Intellectual Property or Licensed Intellectual Property.
All such agreements are valid, binding and enforceable between the Company and the other parties thereto, and the Company and such other
parties are in full compliance with the terms and conditions of such agreements. No Person has infringed, violated or misappropriated,
or is infringing, violating or misappropriating, any Company Intellectual Property.

 

Section 4.11 Inventory.
All inventory of the Company, whether or not reflected in the Balance Sheet, consists of a quality and quantity usable and salable
in the ordinary course of business consistent with past practice, except for obsolete, damaged, defective or slow-moving items that have
been written off or written down to fair market value or for which adequate reserves have been established. All such inventory is owned
by the Company free and clear of all Encumbrances, and no inventory is held on a consignment basis. The quantities of each item of inventory
(whether raw materials, work-in-process or finished goods) are not excessive but are reasonable in the present circumstances of the Company.

 

Section 4.12 Accounts Receivable.
The accounts receivable reflected on the Balance Sheet and the accounts receivable arising after the date thereof (a) have arisen
from bona fide transactions entered into by the Company involving the sale of goods or the rendering of services in the ordinary course
of business consistent with past practice; and (b) constitute only valid, undisputed claims of the Company not subject to claims of set-off
or other defenses or counterclaims other than normal cash discounts accrued in the ordinary course of business consistent with past practice[;
and (c) subject to a reserve for bad debts shown on the Balance Sheet or, with respect to accounts receivable arising after the Balance
Sheet Date, on the accounting records of the Company, are collectible in full within ninety (90) days after billing. The reserve for bad
debts shown on the Balance Sheet or, with respect to accounts receivable arising after the Balance Sheet Date, on the accounting records
of the Company have been determined in accordance with GAAP, consistently applied, subject to normal year-end adjustments and the absence
of disclosures normally made in footnotes.

 

Section 4.13 Insurance.
Section 4.13 of the Company’s Disclosure Schedules sets forth a true and complete list of all current Insurance Policies by
the Company or its Affiliates and relating to the assets, business, operations, employees, officers and directors of the Company and true
and complete copies of such Insurance Policies have been made available to Investor. Such Insurance Policies are in full force and effect
and shall remain in full force and effect following the consummation of the transactions contemplated by this Agreement. Neither the Company
nor any of its Affiliates has received any written notice of cancellation of, premium increase with respect to, or alteration of coverage
under, any of such Insurance Policies. The Insurance Policies are of the type and in the amounts customarily carried by Persons conducting
a business similar to the Company and are sufficient for compliance with all applicable Laws and Contracts to which the Company is a party
or by which it is bound. There are no claims related to the business of the Company pending under any such Insurance Policies as to which
coverage has been questioned, denied or disputed or in respect of which there is an outstanding reservation of rights.

 

Section 4.14Legal Proceedings; Governmental Orders.

 

(a)  
There are no Actions pending or, to the Company’s Knowledge, threatened against or by the Company affecting any of its properties
or assets (or by or against the Company or any Affiliate thereof and relating to the Company). No event has occurred or circumstances
exist that may give rise to, or serve as a basis for, any such Action.

 

 

    	 	32	 

     

    

 

(b)  
There are no outstanding Governmental Orders and no unsatisfied judgments, penalties or awards against or affecting the Company
or any of its properties or assets.

 

Section 4.15Compliance With Laws; Permits.

 

(a)   
The Company has complied, and is now complying, with all Laws applicable to it or its business, properties or assets.

 

(b)  
All Permits required for the Company to conduct its business have been obtained by it and are valid and in full force and effect.
All fees and charges with respect to such Permits as of the Agreement Date have been paid in full. Section 4.15(b) of the Company’s
Disclosure Schedules lists all current Permits issued to the Company, including the names of the Permits and their respective dates of
issuance and expiration. No event has occurred that, with or without notice or lapse of time or both, would reasonably be expected to
result in the revocation, suspension, lapse or limitation of any Permit set forth in Section 4.15(b) of the Company’s Disclosure
Schedules.

 

Section 4.16Environmental Matters.

 

(a)   The Company is currently and has been in compliance with all Environmental Laws and has not, and the Company has not, received
from any Person any: (i) Environmental Notice or Environmental Claim; or (ii) written request for information pursuant to Environmental
Law, which, in each case, either remains pending or unresolved, or is the source of ongoing obligations or requirements as of the Closing
Date.

 

(b)  
The Company has obtained and is in material compliance with all Environmental Permits necessary for the ownership, lease, operation
or use of the business or assets of the Company and all such Environmental Permits will be in full force and effect through the Closing
Date in accordance with Environmental Law, and the Company is not aware of any condition, event or circumstance that might prevent or
impede, after the Closing Date, the ownership, lease, operation or use of the business or assets of the Company as currently carried out.

 

(c)   
No real property currently or formerly owned, operated or leased by the Company is listed on, or has been proposed for listing
on, the National Priorities List (or CERCLIS) under CERCLA, or any similar state list.

 

(d)  
There has been no Release of Hazardous Materials in contravention of Environmental Law with respect to the business or assets of
the Company or any real property currently or formerly owned, operated or leased by the Company, and the Company has not received an Environmental
Notice that any real property currently or formerly owned, operated or leased in connection with the business of the Company (including
soils, groundwater, surface water, buildings and other structure located on any such real property) has been contaminated with any Hazardous
Material which could reasonably be expected to result in an Environmental Claim against, or a violation of Environmental Law or term of
any Environmental Permit by, the Company.

 

    	 	33	 

     

    

 

Section 4.17Employee Benefit Matters.

 

(a)  
Section 4.17(a) of the Company’s Disclosure Schedules contains a true and complete list of each pension, benefit, retirement,
compensation, profit-sharing, deferred compensation, incentive, performance award, phantom equity, stock or stock-based, change in control,
retention, severance, vacation, paid time off, fringe-benefit and other similar agreement, plan, policy, program or arrangement (and any
amendments thereto), in each case whether or not reduced to writing and whether funded or unfunded, including each “employee benefit
plan” within the meaning of Section 3(3) of ERISA, whether or not tax- qualified and whether or not subject to ERISA, which is or
has been maintained, sponsored, contributed to, or required to be contributed to by the Company for the benefit of any current or former
employee, officer, director, retiree, independent contractor or consultant of the Company or any spouse or dependent of such individual,
or under which the Company has or may have any Liability, or with respect to which Investor or any of its Affiliates would reasonably
be expected to have any Liability, contingent or otherwise (as listed on Section 4.17(a) of the Company’s Disclosure Schedules,
each, a “Benefit Plan”). With respect to each Benefit Plan, the Company has made available to Investor accurate, current
and complete copies of each of the following: (i) where the Benefit Plan has been reduced to writing, the plan document together with
all amendments; (ii) where the Benefit Plan has not been reduced to writing, a written summary of all material plan terms; and (iii) in
the case of any Benefit Plan that is intended to be qualified under Section 401(a) of the Code, a copy of the most recent determination,
opinion or advisory letter from the Internal Revenue Service.

 

(b)   
Each Benefit Plan (other than any multiemployer plan within the meaning of Section 3(37) of ERISA (each a “Multiemployer
Plan”)) has been established, administered and maintained in accordance with its terms and in compliance with all applicable
Laws (including ERISA and the Code). Each Benefit Plan that is intended to be qualified under Section 401(a) of the Code (a “Qualified
Benefit Plan”) is so qualified and has received a favorable and current determination letter from the Internal Revenue Service,
or with respect to a prototype plan, can rely on an opinion letter from the Internal Revenue Service to the prototype plan sponsor, to
the effect that such Qualified Benefit Plan is so qualified and that the plan and the trust related thereto are exempt from federal income
taxes under Sections 401(a) and 501(a), respectively, of the Code, and nothing has occurred that could reasonably be expected to cause
the revocation of such determination letter from the Internal Revenue Service or the unavailability of reliance on such opinion letter
from the Internal Revenue Service, as applicable, nor has such revocation or unavailability been threatened. Nothing has occurred with
respect to any Benefit Plan that has subjected or could reasonably be expected to subject the Company to a penalty under Section 502 of
ERISA or to tax or penalty under Section 4975 of the Code. All benefits, contributions and premiums relating to each Benefit Plan have
been timely paid in accordance with the terms of such Benefit Plan and all applicable Laws and accounting principles, and all benefits
accrued under any unfunded Benefit Plan have been paid, accrued or otherwise adequately reserved to the extent required by, and in accordance
with, GAAP. There is no pending or, to the Company’s Knowledge, threatened Action relating to a Benefit Plan (other than routine
claims for benefits).

 

(c)   
Neither the Company nor any of its ERISA Affiliates has (i) incurred or reasonably expects to incur, either directly or indirectly,
any material Liability under Title I or Title IV of ERISA or related provisions of the Code or foreign Law relating to employee benefit
plans; (ii) failed to timely pay premiums to the Pension Benefit Guaranty Corporation; (iii) withdrawn from any Benefit Plan; or (iv)
engaged in any transaction which would give rise to liability under Section 4069 or Section 4212(c) of ERISA.

 

 

    	 	34	 

     

    

 

(d)  
With respect to each Benefit Plan (i) no such plan is a Multiemployer Plan and all contributions required to be paid by the Company
or its ERISA Affiliates have been timely paid to the applicable Multiemployer Plan; (ii) no such plan is a “multiple employer plan”
within the meaning of Section 413(c) of the Code or a “multiple employer welfare arrangement” (as defined in Section 3(40)
of ERISA); and (iii) no Action has been initiated by the Pension Benefit Guaranty Corporation to terminate any such plan or to appoint
a trustee for any such plan; and (iv) no such plan is subject to the minimum funding standards of Section 302 of ERISA or Section 412
of the Code, and no plan listed in Section 4.18(a) of the Company’s Disclosure Schedules has failed to satisfy the minimum funding
standards of Section 302 of ERISA or Section 412 of the Code; and (v) no “reportable event,” as defined in Section 4043 of
ERISA, has occurred with respect to any such plan.

 

Section 4.18Employment Matters.

 

(a)  
As of the Agreement Date, all compensation, including wages, commissions and bonuses, payable to employees, independent contractors
or consultants of the Company for services performed on or prior to the Agreement Date have been paid in full (or accrued in full on the
audited balance sheet contained in the Closing Working Capital Statement) and there are no outstanding agreements, understandings or commitments
of the Company with respect to any employment, compensation, commissions or bonuses.

 

(b)  
The Company is not, and has not been for the past five (5) years, a party to, bound by, or negotiating any collective bargaining
agreement or other Contract with a union, works council or labor organization (collectively, “Union”), and there is
not, and has not been for the past five (5) years, any Union representing or purporting to represent any employee of the Company, and,
to the Company’s Knowledge, no Union or group of employees is seeking or has sought to organize employees for the purpose of collective
bargaining. There has never been, nor has there been any threat of, any strike, slowdown, work stoppage, lockout, concerted refusal to
work overtime or other similar labor disruption or dispute affecting the Company or any of its employees. The Company has no duty to bargain
with any Union.

 

(c)  
The Company is and has been in compliance in all material respects with the terms of the collective bargaining agreements and other
Contracts listed on Section 4.10(a) of the Company’s Disclosure Schedules and all applicable Laws pertaining to employment and employment
practices, including all Laws relating to labor relations, equal employment opportunities, fair employment practices, employment discrimination,
harassment, retaliation, reasonable accommodation, disability rights or benefits, immigration, wages, hours, overtime compensation, child
labor, hiring, promotion and termination of employees, working conditions, meal and break periods, privacy, health and safety, workers’
compensation, leaves of absence and unemployment insurance. All individuals characterized and treated by the Company as independent contractors
or consultants are properly treated as independent contractors under all applicable Laws. All employees classified as exempt under the
Fair Labor Standards Act and state and local wage and hour laws are properly classified in all material respects. There are no Actions
against the Company pending, or to the Company’s Knowledge, threatened to be brought or filed, by or with any Governmental Authority
or arbitrator in connection with the employment of any current or former applicant, employee, consultant, volunteer, intern or independent
contractor of the Company, including, without limitation, any claim relating to unfair labor practices, employment discrimination, harassment,
retaliation, equal pay, wage and hours or any other employment related matter arising under applicable Laws.

 

 

    	 	35	 

     

    

 

(d)   
To the Company’s Knowledge, no key employee intends to terminate employment with the Company or is otherwise likely to become
unavailable to continue as a key employee. The Company does not have the present intention to terminate the employment of any of the foregoing.

 

(e)   
The employment of each employee of the Company is terminable at will under the Law and, upon termination, no severance or other
payments will become due by the Company. The Company has no practice, policy, plan or program of paying severance pay or any severance
compensation in connection with the termination of employment or contractor services. The Company has not made any representations regarding
equity incentives to any officer, employee, director or consultant that are inconsistent with any records of the Company’s Board.

 

Section 4.19Taxes.
Except as set forth in Section 4.19 of the Company’s Disclosure Schedules:

 

(a)   The Company has timely filed all Tax Returns that it was required to file. All such Tax Returns were complete and correct in all
respects. All Taxes due and owing by the Company (whether or not shown on any Tax Return) have been timely paid.

 

(b)  The Company has withheld and paid each Tax required to have been withheld and paid in connection with amounts paid or owing to
any employee, independent contractor, creditor, customer, shareholder or other party, and complied with all information reporting and
backup withholding provisions of applicable Law.

 

(c)   
No extensions or waivers of statutes of limitations have been given or requested with respect to any Taxes of the Company.

 

(d)   All deficiencies asserted, or assessments made, against the Company as a result of any examinations by any taxing authority have
been fully paid.

 

(e)   The Company is not a party to any Action by any taxing authority. There are no pending or threatened Actions by any taxing authority.

 

(f)  
The Company has delivered to Investor copies of all federal, state, local and foreign income, franchise and similar Tax Returns,
examination reports, and statements of deficiencies assessed against, or agreed to by, the Company for all Tax periods since its inception.

 

(g)  
The Company has not been a member of an affiliated, combined, consolidated or unitary Tax group for Tax purposes. The Company has
no Liability for Taxes of any Person (other than the Company) under Treasury Regulations Section 1.1502-6 (or any corresponding provision
of state, local or foreign Law), as transferee or successor, by contract or otherwise.

 

Section 4.20 Books and
Records. The minute books and stock record books of the Company, all of which have been made available to Investor, are complete and
correct and have been maintained in accordance with sound business practices. The minute books of the Company contain in all material
respects accurate and complete records of all meetings, and actions taken by written consent of, the stockholders, the board of directors
and any committees of the board of directors of the Company, and no meeting, or action taken by written consent, of any such stockholders,
board of directors or committee has been held for which minutes have not been prepared and are not contained in such minute books.

 

 

    	 	36	 

     

    

 

Section 4.21 Brokers. No
broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions
contemplated by this Agreement or any other Transaction Document based upon arrangements made by or on behalf of the Company.

 

Section 4.22 Transactions
With Affiliates. There are no Contracts or other transactions between or among the Company, on the one hand, and any officer, director,
employee, present or former stockholder (including any spouse, parent, sibling, descendants (including adoptive relationships and stepchildren)
of any such natural persons, or trust or other entity in which any such natural persons or such other individuals owns or otherwise holds
any beneficial interest in) or Affiliate of the Company, on the other hand.

 

Section 4.23 Foreign Corrupt
Practices Act Neither the Company nor, to the Company’s knowledge, any other person associated with or acting on behalf of the
Company, including, without limitation, any director, officer, agent, employee or Affiliate of the Company has (a) used any corporate
funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity or to influence official
action; (b) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds;
(c) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment; or (d) violated or is in violation of any provision
of the U.S. Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder; and the Company has instituted
and maintains policies and procedures designed to ensure compliance therewith.

 

Section 4.24 Full Disclosure.
No representation or warranty by the Company in this Agreement and no statement contained in the Company’s Disclosure Schedules
to this Agreement or any certificate or other document furnished or to be furnished to Investor pursuant to this Agreement contains any
untrue statement of a material fact, or omits to state a material fact necessary to make the statements contained therein, in light of
the circumstances in which they are made, not misleading. To the Knowledge of the Company, there is no event or circumstance that the
Company has not disclosed to Investor which could reasonably be expected to have a Material Adverse Effect.

 

Section 4.25“Bad Actor” Matters.

 

 (a) Definitions. For purposes of this Section 4.25:

 

(i)   “Company Covered Person” means, with respect to the Company as an “issuer” for purposes of Rule
506 promulgated under the Securities Act, any Person listed in the first paragraph of Rule 506(d)(1).

 

(b)  
Representations. Each Person with the right to designate or participate in the designation of a director pursuant to this
Agreement hereby represents that (i) such Person has exercised reasonable care to determine whether any Disqualification Event is applicable
to such Person, any director designee designated by such Person pursuant to this Agreement or any of such Person’s Rule 506(d)
Related Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable
and (ii) no Disqualification Event is applicable to such Person, any Board member designated by such Person pursuant to this Agreement
or any of such Person’s Rule 506(d) Related Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii)
or (iii) or (d)(3) is applicable. Notwithstanding anything to the contrary in this Agreement, each Investor makes no representation regarding
any Person that may be deemed to be a beneficial owner of the Company’s voting equity securities held by such Investor solely by
virtue of that Person being or becoming a party to (x) this Agreement, as may be subsequently amended, or (y) any other contract or written
agreement to which the Company and such Investor are parties regarding (1) the voting power, which includes the power to vote or to direct
the voting of, such security; and/or (2) the investment power, which includes the power to dispose, or to direct the disposition of,
such security. The Company hereby represents and warrants to the Investors that no Disqualification Event is applicable to the Company
or, to the Company’s knowledge, any Company Covered Person, except for a Disqualification Event as to which Rule 506(d)(2)(ii–iv)
or (d)(3) is applicable.

 

 

    	 	37	 

     

    

 

(c)   
Related Covenants. Each Person with the right to designate or participate in the designation of a director pursuant to this
Agreement covenants and agrees (i) not to designate or participate in the designation of any director designee who, to such Person’s
knowledge, is a Disqualified Designee, (ii) to exercise reasonable care to determine whether any director designee designated by such
person is a Disqualified Designee, (iii) that in the event such Person becomes aware that any individual previously designated by any
such Person is or has become a Disqualified Designee, such Person shall as promptly as practicable take such actions as are necessary
to remove such Disqualified Designee from the Board and designate a replacement designee who is not a Disqualified Designee, and (iv)
to notify the Company promptly in writing in the event a Disqualification Event becomes applicable to such Person or any of its Rule 506(d)
Related Parties, or, to such Person’s knowledge, to such Person’s initial designee named above, except, if applicable, for
a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable.

 

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF INVESTOR

 

Investor represents and warrants
to the Company that the statements contained in this Article V are true and correct as of the Agreement Date.

 

Section 5.01 Organization
and Authority of Investor. Investor is a limited liability company duly organized, validly existing and in good standing under the
Laws of the state of Delaware. Investor has full limited liability company power and authority to enter into this Agreement and the other
Transaction Documents to which Investor is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions
contemplated hereby and thereby. The execution and delivery by Investor of this Agreement and any other Transaction Document to which
Investor is a party, the performance by Investor of its obligations hereunder and thereunder and the consummation by Investor of the transactions
contemplated hereby and thereby have been duly authorized by all requisite limited liability company action on the part of Investor. This
Agreement has been duly executed and delivered by Investor, and (assuming due authorization, execution and delivery by the Company) this
Agreement constitutes a legal, valid and binding obligation of Investor enforceable against Investor in accordance with its terms. When
each other Transaction Document to which Investor is or will be a party has been duly executed and delivered by Investor (assuming due
authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation
of Investor enforceable against it in accordance with its terms.

 

Section 5.02 No Conflicts;
Consents. The execution, delivery and performance by Investor of this Agreement and the other Transaction Documents to which it is
a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) conflict with or result in
a violation or breach of, or default under, any provision of the certificate of organization or other organizational documents of Investor;
(b) conflict with or result in a violation or breach of any provision of any Law or Governmental Order applicable to Investor;

or (c) require the consent, notice or other action
by any Person under any Contract to which Investor is a party. No consent, approval, Permit, Governmental Order, declaration or filing
with, or notice to, any Governmental Authority is required by or with respect to Investor in connection with the execution and delivery
of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby.

 

 

    	 	38	 

     

    

 

Section 5.03 Investment
Purpose. Investor is acquiring the Securities solely for its own account for investment purposes and not with a view to, or for offer
or sale in connection with, any distribution thereof. Investor acknowledges that the Securities are not registered under the Securities
Act of 1933, as amended, or any state securities laws, and that the Securities may not be transferred or sold except pursuant to the registration
provisions of the Securities Act of 1933, as amended or pursuant to an applicable exemption therefrom and subject to state securities
laws and regulations, as applicable.

 

Section 5.04 Restricted
Securities. The Investor understands that the Securities have not been, and will not be, registered under the Securities Act, by reason
of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature
of the investment intent and the accuracy of the Investor’s representations as expressed herein. The Investor understands that the
Securities are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant to these
laws, the Investor must hold the Securities indefinitely unless they are registered with the Securities and Exchange Commission and qualified
by state authorities, or an exemption from such registration and qualification requirements is available. The Investor acknowledges that
the Company has no obligation to register or qualify the Securities, or the Issuer’s Common Stock into which it may be converted,
for resale except as set forth in the Investors’ Rights Agreement. The Investor further acknowledges that if an exemption from registration
or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale,
the holding period for the Securities, and on requirements relating to the Company which are outside of the Investor’s control,
and which the Company is under no obligation and may not be able to satisfy.

 

Section 5.05 Accredited
Investor. Investor is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

 

Section 5.06Foreign Investors.

 

(a)  
If Investor is not a United States person (as defined by Section 7701(a)(30) of the Code), the Investor hereby represents that
it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe for
the Securities or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the purchase of the Securities,
(ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained,
and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer
of the Securities. The Investor’s subscription and payment for and continued beneficial ownership of the Securities will not violate
any applicable securities or other laws of the Investor’s jurisdiction.

 

(b)  
If Investor is not a U.S. person (as defined in Rule 902 promulgated under the Securities Act (a “Regulation S Investor”)),
such Regulation S Investor hereby represents that the Securities acquired by such Regulation S Investor will be acquired for investment
for such Regulation S Investor’s own account, not as a nominee or agent, and not with a view to the resale or distribution of any
part thereof in the United States or to a U.S. resident, and that such Regulation S Investor has no present intention of selling, granting
any participation in, or otherwise distributing the same. By executing this Agreement, such Regulation S Investor further represents
that such Regulation S Investor does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or
grant participations to such person or to any third person in the United States or to a U.S. resident, with respect to any of such Regulation
S Investor’s Securities. Each Regulation S Investor represents that it is not a U.S. person as such term is defined in Rule 902
promulgated under the Securities Act.

 

 

    	 	39	 

     

    

 

Section 5.07 No General
Solicitation. Neither the Investor, nor any of its officers, directors, employees, agents, stockholders or partners has either directly
or indirectly, including, through a broker or finder (a) engaged in any general solicitation, or (b) published any advertisement
in connection with the offer and sale of the Securities.

 

Section 5.08 Exculpation
Among Investors. The Investor acknowledges that it is not relying upon any Person, other than the Company and its officers and directors,
in making its investment or decision to invest in the Company. The Investor agrees that neither any Investor nor the respective controlling
Persons, officers, directors, partners, agents, or employees of any Investor shall be liable to any other Investor for any action heretofore
taken or omitted to be taken by any of them in connection with the purchase of the Securities.

 

Section 5.09 Residence.
If the Investor is an individual, then the Investor resides in the state or province identified in the address of the Investor set forth
on the Schedule of Investors; if the Investor is a partnership, corporation, limited liability company or other entity, then the office
or offices of the Investor in which its principal place of business is identified in the address or addresses of the Investor set forth
on the Schedule of Investors.

 

Section 5.10 Confidentiality.
Investor represents and warrants that Investor: (a) has not distributed or reproduced this Agreement in whole or in part, at any time,
without the prior written consent of the Issuer; and (b) for one (1) year from the Agreement Date will keep confidential the existence
of this Agreement and the information contained therein or made available in connection with any further investigation of the Issuer or
the Company and not use the information about the Issuer or the Company for any other purpose unless such information has already been
made public by the Issuer or the Company subject to applicable securities laws and regulations.

 

Section 5.11 Brokers. No
broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions
contemplated by this Agreement or any other Transaction Document based upon arrangements made by or on behalf of Investor.

 

Section 5.12 Legends.
It is understood that the Convertible Debentures and/or the Conversion Securities issued pursuant to this Agreement shall bear legends
substantially similar to the following (*it is understood that the legend referring to exemption from registration under Regulation S
is only applicable to any Securities issued pursuant to and satisfying such an exemption):

 

“THE SECURITIES REPRESENTED HEREBY
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF
ANY STATE AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE DISPOSED OF WITHOUT REGISTRATION UNDER THE SECURITIES ACT AND ANY
APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL, REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH REGISTRATION IS NOT
REQUIRED. THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND PROVISIONS OF THE SECURITIES PURCHASE
AGREEMENT DATED AS OF JANUARY ,2020, AMONG THE COMPANY AND THE INVESTORS NAMED THEREIN, AS THE SAME MAY BE AMENDED AND/OR RESTATED
FROM TIME TO TIME, A COPY OF EACH SUCH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY.”

 

 

    	 	40	 

     

    

 

*“THE TRANSFER OF THESE SECURITIES IS PROHIBITED
EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S AS PROMULGATED BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION UNDER
THE ACT, PURSUANT TO REGISTRATION UNDER THE ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION, AND HEDGING TRANSACTIONS INVOLVING
THESE SECURITIES (INCLUDING ANY SWAP OR ANY OTHER AGREEMENT OR ANY TRANSACTION THAT TRANSFERS, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY,
THE ECONOMIC CONSEQUENCE OF OWNERSHIP OF THESE SECURITIES, WHETHER ANY SUCH SWAP, AGREEMENT OR TRANSACTION IS TO BE SETTLED BY DELIVERY
OF ALL OR ANY PORTION OF THESE SECURITIES OR ANY OTHER SECURITIES, IN CASH OR OTHERWISE), MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
THE ACT.”

 

ARTICLE VI

CONDITIONS TO CLOSING

 

Section 6.01 Conditions
to Obligations of All Parties. The obligations of each party to consummate the transactions contemplated by this Agreement shall be
subject to the fulfillment, at or prior to the Closing, of each of the following conditions:

 

(a)   No Governmental Authority shall have enacted, issued, promulgated, enforced or entered any Governmental Order which is in effect
and has the effect of making the transactions contemplated by this Agreement illegal, otherwise restraining or prohibiting consummation
of such transactions or causing any of the transactions contemplated hereunder to be rescinded following completion thereof.

 

(b)  
The Issuer and the Company shall have received all consents, authorizations, orders and approvals from the Governmental Authorities
referred to in Section 4.04 and Section 4.04, respectively, in form and substance reasonably satisfactory to Investor, and no such consent,
authorization, order and approval shall have been revoked.

 

(c)  
The Issuer and the Company shall have executed and delivered to one another the Share Exchange Agreement which shall be in full
force and effect as of the Initial Closing.

 

(d)  
The Company shall have approved and adopted the Amended and Restated 2016 Athena Bitcoin, Inc. Equity Incentive Plan to provide
that it shall be governed by Delaware law and that it shall have automatically expired as of January 29, 2020 at 5:00 p.m. Eastern Standard
Time, in the form of Exhibit K to this Agreement.

 

Section 6.02 Conditions
to Obligations of Investors. The obligations of the Investors to consummate the transactions contemplated by this Agreement shall
be subject to the fulfillment or each Investor’s waiver, at or prior to the Closing, of each of the following conditions:

 

(a)   All
approvals, consents, filings and waivers that are listed on Section 3.04 of the Issuer’s Disclosure Schedules and Section 4.04
of the Company’s Disclosure Schedules, respectively, shall have been received, and executed counterparts thereof shall have
been delivered to Investor at or prior to the Closing.

 

 

    	 	41	 

     

    

 

(b)  
This Agreement and each of the other Transaction Documents shall have been executed and delivered by the requisite Parties and
true and complete copies thereof shall have been delivered to Investor.

 

 (c) As to the Issuer:

 

(i)   Investor shall have received a certificate of the Secretary or an Assistant Secretary (or equivalent officer) of the Issuer certifying:

 

1)   that attached thereto are true and complete copies of all resolutions and other consents adopted by the Board and the Issuer’s
Stockholders authorizing and approving the execution, delivery, filing and performance of this Agreement and the other Transaction Documents
and the consummation of the transactions contemplated hereby and thereby, and that all such resolutions and consents are in full force
and effect as of the Closing and are all the resolutions and consents adopted in connection with the transactions contemplated hereby
and thereby;

 

2)  
that attached thereto are true and complete copies of the certificate of incorporation and by-laws of the Issuer and that such
organizational documents are in full force and effect as of the Closing; and

 

3)   the names and signatures of the officers of the Issuer authorized to sign this Agreement, the Transaction Documents and the other
documents to be delivered hereunder and thereunder.

 

(ii)  
The Issuer shall have duly adopted: (1) the Issuer’s Amended Articles, which shall have been filed with the Secretary of
State of the State of Nevada and become effective under the Nevada Business Corporation Act on or prior to the Initial Closing and which
shall remain in full force and effect as of each Closing, and Investor shall have received a certificate of the Secretary of State of
the State of Nevada certifying that the Issuer’s Amended Articles has been filed and is effective; and (2) the Issuer’s Amended
Bylaws.

 

(iii)  
The Issuer shall have delivered to Investor (i) a good standing certificate (or its equivalent) for the Issuer from the secretary
of state or similar Governmental Authority of the jurisdiction under the Laws in which the Issuer is organized and (ii) a foreign qualification
certificate (or its equivalent) for the Issuer from the secretary of state or similar Governmental Authority of each jurisdiction in which
the Issuer has qualified, or is required to qualify, to do business as a foreign corporation.

 

(iv)  
The Issuer shall have delivered, or caused to be delivered, to Investor each of the following, each in form and substance satisfactory
to Investor:

 

 1) Convertible Debentures evidencing the Securities;

 

2)  an executed Indemnification Agreement, dated as of the Closing Date, for each of the Investors’ representatives designated
to the Issuer’s Board.

 

 

    	 	42	 

     

    

 

(v)   The Issuer shall have delivered to Investor such other documents or instruments as Investor reasonably requests and are reasonably
necessary to consummate the transactions contemplated by this Agreement.

 

 (d) As to the Company:

 

(i)  
Investor shall have received a certificate of the Secretary or an Assistant Secretary (or equivalent officer) of the Company certifying:

 

1)  
that attached thereto are true and complete copies of all resolutions and other consents adopted by the Company’s Board,
the Company’s Stockholders and the Company’s Lenders authorizing and approving the execution, delivery, filing and performance
of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby, and that
all such resolutions and consents are in full force and effect as of the Closing and are all the resolutions and consents adopted in connection
with the transactions contemplated hereby and thereby;

 

2)  
that attached thereto are true and complete copies of the certificate of incorporation and by-laws of the Company and that such
organizational documents are in full force and effect as of the Closing; and

 

3)   the names and signatures of the officers of the Company authorized to sign this Agreement, the Transaction Documents and the other
documents to be delivered hereunder and thereunder.

 

(ii)  
The Company shall have duly adopted the Amended Certificate, which shall have been filed with the Secretary of State of the State
of Delaware and become effective under the Delaware General Corporation Law on or prior to the Initial Closing and which shall remain
in full force and effect as of each Closing, and Investor shall have received a certificate of the Secretary of State of the State of
Delaware certifying that the Amended Certificate has been filed and is effective.

 

(iii)   The Company shall have delivered, or caused to be delivered, to Investor each of the following, each in form and substance satisfactory
to Investor:

 

1)  
an executed Indemnification Agreement, dated as of the Closing Date, for each of the Investors’ representatives designated
to the Issuer’s Board.

 

(iv)   The Company shall have fully complied with, or obtained appropriate consents or waivers with respect to, its obligations under
each of the agreements or other documents identified on Section 4.02(c) of the Company’s Disclosure Schedules, including with respect
to any outstanding rights of first refusal, rights of first offer, pre-emptive rights or anti-dilution rights or redemption or repurchase
rights.

 

(v)   The Company shall have delivered to Investor such other documents or instruments as Investor reasonably requests and are reasonably
necessary to consummate the transactions contemplated by this Agreement.

 

 

    	 	43	 

     

    

 

(e)  The Company shall have received an executed agreement satisfactory to the Company that all “Swingbridge Crypto” entities
that are the Company’s Lenders (collectively, “Swingbridge”) have agreed to convert any and all outstanding sums
due to it by the Company under that certain their relevant loan documents with the Company (collectively, the “Swingbridge Loan”),
to include such parties’ agreement to release in full forever any and all liens that it has on the Company’s assets related
to such loans to and obligations of the Company (the “Swingbridge Conversion and Release Agreement”).

 

(f)  
The Company shall have received from DV Chain, LLC, which is a Company Lender (“DV Chain”), an executed consent
to the Company entering into this Agreement and the Merger, and consummating all the transactions contemplated hereby and thereby, and
exercising its option to extend the maturity date of the loan to the Company by DV Chain pursuant to the applicable loan documents (the
“DV Chain Consent and Maturity Extension”).

 

(g)  
Further, the Securities are being offered by the Issuer on a “best efforts” basis, and there is no firm commitment
by any Person to purchase or sell any of the Securities and no assurance that any of the Securities will be sold. There is no minimum
number of the Securities required to be sold in the Private Offering; provided, however, that unless a minimum amount of $3,000,000.00
in subscribed for Convertible Debentures is sold, the Issuer and the Company will not be able to effectuate the Merger, which is an express
condition to the Initial Closing, and therefore the foregoing minimum subscription amount is a condition to the obligations of the Investors
to consummate the transactions contemplated by this Agreement.

 

Section 6.03 Conditions
to Obligations of the Company. The obligations of the Company to consummate the transactions contemplated by this Agreement shall
be subject to the fulfillment or the Company’s waiver, at or prior to the Closing, of each of the following conditions:

 

(a)   All approvals, consents and waivers necessary for Investor to consummate the transactions contemplated by this Agreement shall
have been received and executed counterparts thereof shall have been delivered to the Issuer and to the Company at or prior to the Closing.

 

(b)   The Company shall have received an executed agreement satisfactory to the Company that the Lead Investor has agreed to convert
any and all outstanding rights to equity of the Company under that certain Simple Agreement for Future Tokens by and between Company and
the Lead Investor’s affiliates.

 

(c)   The Company and the Swingbridge shall have received an executed and delivered the Swingbridge Conversion and Release Agreement.

 

(d)  
The Company and DV Chain shall have received an executed and delivered the DV Chain Consent and Maturity Extension.

 

(e)   This Agreement and each of the other Transaction Documents shall have been executed and delivered by the Parties and true and complete
copies thereof shall have been delivered to the Issuer and to the Company.

 

(f)   Investor shall have delivered to the Issuer cash in an amount equal to the Purchase Price by wire transfer in immediately available
funds, to an account or accounts designated in writing by the Issuer to Investor.

 

    	 	44	 

     

    

 

ARTICLE VII

COVENANTS

 

Section 7.01 Affirmative
Covenants. Unless the Issuer and the Company have received the prior written consent or waiver of the Investor, the Issuer and the
Company shall be subject to each of the following covenants:

 

(a)   Each of the Issuer and the Company, respectively, shall at all times maintain (i) under the Laws of its state of incorporation,
its valid corporate existence and good standing, (ii) its due license and qualification to do business and good standing in each jurisdiction
set forth on Section 4.01 of the Issuer’s Disclosure Schedules and Section 4.01 of the Company’s Disclosure Schedules, following
the Agreement Date, each other jurisdiction in which the properties owned or leased by it or the operation of its business makes such
licensing or qualification necessary and (iii) all material Permits necessary to the conduct of its businesses.

 

(b)  
Each of the Issuer and the Company, respectively, shall comply with all Laws applicable to it or its business, properties or assets,
the violation of which would reasonably be expected to have a Material Adverse Effect.

 

(c)  
Each of the Issuer and the Company, respectively, shall comply with all contractual obligations as such obligations become due
to the extent to which the failure to so comply with such contractual obligations would reasonably be expected to have a Material Adverse
Effect, unless and to the extent such obligations are being contested in good faith by appropriate proceedings and adequate reserves (as
determined in accordance with GAAP) have been established on its books and financial statements of each Party for such obligations.

 

(d)  
Each of the Issuer and the Company, respectively, shall pay and discharge all material Taxes due and owing by the Company before
the same becomes delinquent and before penalties accrue thereon, unless and to the extent such Taxes are being contested in good faith
by appropriate procedures and adequate accruals or reserves (as determined in accordance with GAAP) have been established on the books
and financial statements of the Issuer and the Company, respectively, for such Taxes.

 

(e)  
Each of the Issuer and the Company, respectively, shall pay when due all transfer, documentary, sales, use, stamp, registration,
value added and other such Taxes and fees (including any penalties and interest) incurred in connection with this Agreement (including
any real property transfer Tax and any other similar Tax). Each of the Issuer and the Company, respectively, shall, at its own expense,
timely file any Tax Return or other document with respect to such Taxes or fees (and Investor shall cooperate with respect thereto as
necessary).

 

(f)   Each of the Issuer and the Company, respectively, shall pay and discharge all material claims for labor, material and supplies
which, if unpaid and delinquent, would become under applicable Law a lien upon property of the Issuer and the Company, respectively, unless
and to the extent such claims are being contested in good faith by appropriate procedures and adequate accruals or reserves (as determined
in accordance with GAAP) have been established on the books and financial statements of the Issuer and the Company, respectively, for
such claims.

 

 

    	 	45	 

     

    

 

(g)  
Each of the Issuer and the Company, respectively, shall maintain and keep its material properties and assets in good repair, working
order and condition, ordinary wear and tear excepted.

 

(h)  
Each of the Issuer and the Company, respectively, shall maintain with financially sound and reputable insurance companies (i) property
and casualty and other insurance covering risks and hazards of such types and in such amounts as are required by Law or customary for
adequately-insured companies of similar size engaged in similar industries and lines of business, and (ii) directors and officers liability
insurance in an amount per occurrence and on terms and conditions reasonably satisfactory in all material respects to Investor.

 

(i)   Each of the Issuer and the Company, respectively, shall keep adequate books, accounts and records in accordance with past custom
and practice as used in the preparation of the Financial Statements, which books, accounts and records shall fairly present in all material
respects the financial condition and results of operations of the Issuer and the Company, respectively.

 

(j)   Each of the Issuer and the Company, respectively, shall (i) own, exclusively or jointly with other Persons, all right, title and
interest in and to, or have a valid license for, and shall maintain all material Intellectual Property necessary to the conduct of its
business, free and clear of Encumbrances, (ii) enter into and maintain in full force and effect binding, written agreements with every
current and former employee of the Issuer and the Company, respectively, and with every current and former independent contractor, whereby
such employees and independent contractors (A) assign to the Issuer and the Company, respectively, any ownership interest and right they
may have in the Company Intellectual Property and (B) acknowledge the Company’s exclusive ownership of all Company Intellectual
Property, and (iii) remain in full compliance in all material respects with all legal requirements applicable to the Company Intellectual
Property and the Company’s ownership and use thereof.

 

(k)   Each of the Issuer and the Company shall perform and observe all of its obligations and covenants set forth in each of the Transaction
Documents.

 

Section 7.02 Further Assurances.
Following the Closing, each of the Parties shall, and shall cause their respective Affiliates to, execute and deliver such additional
documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions
hereof and give effect to the transactions contemplated by this Agreement.

 

ARTICLE VIII

INDEMNIFICATION

 

Section 8.01 Survival.
The representations and warranties, covenants and agreements contained herein shall survive the Closing and shall remain in full force
and effect following the Closing Date.

 

Section 8.02 Indemnification
by Issuer and Company. Subject to the other terms and conditions of this Article VIII, the Issuer and the Company, jointly and severally,
shall indemnify and defend each of Investor and its Affiliates and their respective Representatives (collectively, the “Investor
Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for,
any and all Losses incurred or sustained by, or imposed upon, the Investor Indemnitees based upon, arising out of, with respect to or
by reason of:

 

 

    	 	46	 

     

    

 

(a)  
any inaccuracy in or breach of any of the representations or warranties of the Issuer or the Company contained in this Agreement
or in any certificate or instrument delivered by or on behalf of the Issuer or the Company pursuant to this Agreement; or

 

(b)  
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by the Issuer or the Company pursuant to
this Agreement.

 

Section 8.03 Certain Limitations.
For purposes of this Article VIII, any inaccuracy in or breach of any representation or warranty shall be determined without regard to
any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation or
warranty.

 

Section 8.04 Payments.
Once a Loss is agreed to by the Issuer or finally adjudicated to be payable pursuant to this Article VIII, the Issuer and the Company
shall satisfy their obligations within then (10) Business Days of such agreement or final, non-appealable adjudication by wire transfer
of immediately available funds. The Parties agree that should the Issuer and the Company not make full payment of any such obligations
within such ten (10) Business Day, any amount payable shall accrue interest from and including the date of agreement of the Issuer and
the Company or final, non-appealable adjudication to and including the date such payment has been made at a rate per annum equal to eight
percent (8%). Such interest shall be calculated daily on the basis of a 365- day year and the actual number of days elapsed.

 

Section 8.05 Tax Treatment
of Indemnification Payments. All indemnification payments made under this Agreement shall be treated by the Parties as an adjustment
to the Purchase Price for Tax purposes, unless otherwise required by Law.

 

Section 8.06 Effect of
Investigation. Neither the representations, warranties and covenants of the Issuer or the Company, nor the right to indemnification
of any Investor Indemnitee making a claim under this Article VIII with respect thereto, shall be affected or deemed waived by reason of
any investigation made by or on behalf of an Investor Indemnitee (including by any of its Representatives) or by reason of the fact that
an Investor Indemnitee or any of its Representatives knew or should have known that any such representation or warranty is, was or might
be inaccurate or by reason of an Investor Indemnitee’s waiver of any condition set forth in Section 6.02.

 

Section 8.07 Exclusive
Remedies. The Parties acknowledge and agree that their sole and exclusive remedy with respect to any and all claims (other than claims
arising from fraud, criminal activity or willful misconduct on the part of a Party in connection with the transactions contemplated by
this Agreement) for any breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise relating
to the subject matter of this Agreement, shall be pursuant to the indemnification provisions set forth in this Article VIII. In furtherance
of the foregoing, each Party waives, to the fullest extent permitted under Law, any and all rights, claims and causes of action for any
breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise relating to the subject matter
of this Agreement it may have against the other Parties and their Affiliates and each of their respective Representatives arising under
or based upon any Law, except pursuant to the indemnification provisions set forth in this Article VIII. Nothing in this Section 8.07
shall limit any Person’s right to seek and obtain any equitable relief to which any Person shall be entitled or to seek any remedy
on account of any party’s fraudulent, criminal or intentional misconduct.

 

 

    	 	47	 

     

    

 

ARTICLE IX

MISCELLANEOUS

 

Section 9.01 Public Announcements.
Neither the Issuer nor the Company shall issue any press release or make any other public announcement or disclosure with respect
to this Agreement and the transactions contemplated herein without the prior written consent of the Investor, except for any press release,
public announcement or other public disclosure that is required by applicable law or governmental regulations or by order of a court of
competent jurisdiction. Prior to making any such required disclosure the Issuer and/or the Company, as the case may be, shall have given
written notice to Investor describing in reasonable detail the proposed content of such disclosure and shall permit Investor to review
and comment upon the form and substance of such disclosure.

 

Section 9.02 Expenses.
Except as otherwise expressly provided herein, all costs and expenses, including, without limitation, fees and disbursements of counsel,
financial advisors and accountants, incurred in connection with this Agreement and the transactions contemplated hereby shall be paid
by the Party incurring such costs and expenses, whether or not the Closing shall have occurred.

 

Section 9.03 Notices.
All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to
have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally
recognized overnight courier (receipt requested); (c) on the date sent by facsimile or e-mail of a PDF document (with confirmation of
transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours
of the recipient; or (d) on the third (3rd) day after the date mailed, by certified or registered mail, return receipt requested,
postage prepaid. Such communications must be sent to the respective Parties at the following addresses (or at such other address for a
Party as shall be specified in a notice given in accordance with this Section 9.03):

 

	If to the Issuer:	GamePlan, Inc.
	 	Address: 2700 E. Sunset Road, Suite 13, Las Vegas, NV 89120

        Attn: Dempsey K. Mork, CEO

	 	 
	with a copy to:	Elaine A. Dowling Law Group
	 	2150 South 1300 East, Suite 500, Salt Lake City, UT 84106

        Attn: Elaine A. Dowling (ead@eadlawgroup.com)

	 	 
	If to the Company:	Athena Bitcoin, Inc.
	 	Address: 211 W. Wacker Dr., Suite 1500a, Chicago, IL 60606

        Attn: Eric Gravengaard, CEO (eric@athenabitcoin.com)

	 	 
	with a copy to:	Law Office of Iwona J. Alami
	 	Attn: Iwona Alami, Esq. (alamilaw@icloud.com)
	 	 
	If to Investor:	KGPLA Holdings LLC
	 	Attn: Mike Komaransky, Authorized Person (mkomaransky@gmail.com)
	 	 
	with a copy to:	Berger Singerman LLP
	 	350 E. Las Olas Blvd., Suite 1000, Fort Lauderdale, FL 33024
	 	Attn: Mitchell Goldberg, Esq. (mgoldberg@bergersingerman.com) and Scott R. Jablonski, Esq. (sjablonski@bergersingerman.com)

 

 

    	 	48	 

     

    

 

Section 9.04 Interpretation.
For purposes of this Agreement, (a) the words “include,” “includes” and “including” shall be deemed
to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and (c) the words “herein,”
“hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless
the context otherwise requires, references herein: (x) to Articles, Sections, respective Disclosure Schedules and Exhibits mean the Articles
and Sections of, and respective Disclosure Schedules and Exhibits attached to, this Agreement; (y) to an agreement, instrument or other
document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted
by the provisions thereof and (z) to a statute means such statute as amended from time to time and includes any successor legislation
thereto and any regulations promulgated thereunder. This Agreement shall be construed without regard to any presumption or rule requiring
construction or interpretation against the Party drafting an instrument or causing any instrument to be drafted. The respective Disclosure
Schedules and Exhibits referred to herein shall be construed with, and as an integral part of, this Agreement to the same extent as if
they were set forth verbatim herein. All references to dollars ($) in this Agreement are to U.S. dollars.

 

Section 9.05 Headings.
The headings in this Agreement are for reference only and shall not affect the interpretation of this Agreement.

 

Section 9.06 Severability.
If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability
shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other
jurisdiction. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the Parties shall negotiate
in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable
manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

 

Section 9.07 Entire Agreement.
This Agreement and the other Transaction Documents constitute the sole and entire agreement of the Parties with respect to the subject
matter contained herein and therein, and supersede all prior and contemporaneous understandings and agreements, both written and oral,
with respect to such subject matter. In the event of any inconsistency between the statements in the body of this Agreement and those
in the other Transaction Documents, the Exhibits and respective Disclosure Schedules (other than an exception expressly set forth as such
in the respective Disclosure Schedules), the statements in the body of this Agreement will control.

 

Section 9.08 Successors
and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their respective successors and
permitted assigns. Neither Party may assign its rights or obligations hereunder without the prior written consent of the other Party,
which consent shall not be unreasonably withheld or delayed; provided, that prior to the Closing Date, Investor may, without the prior
written consent of the Company, assign all or any portion of its rights under this Agreement to one or more of its direct or indirect
wholly- owned subsidiaries]. No assignment shall relieve the assigning Party of any of its obligations hereunder.

 

Section 9.09 No Third-Party
Beneficiaries. Except as provided in Article VIII, this Agreement is for the sole benefit of the Parties and their respective successors
and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person or entity any legal
or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

 

 

    	 	49	 

     

    

 

Section 9.10Amendment and Modification; Waiver.

 

(a)  
This Agreement may only be amended, modified or supplemented by an agreement in writing signed by the Investors holding the Convertible
Debentures having an aggregate principal amount equal to at least a majority of the aggregate principal amount of all the Convertible
Debentures then outstanding at the time of such action and/or required consent (the “Required Holders”) plus the advance
affirmative written consent of the Lead Investor. No waiver by any Party of any of the provisions hereof shall be effective unless explicitly
set forth in writing and signed by the Party so waiving.

 

(b)  
In addition, no amendment or waiver hereunder may adversely affect any Investor in a manner different from another Investor without
such affected Investor’s consent, notwithstanding the fact that certain Investors may hold different amounts of the Convertible
Debentures. The Issuer will promptly send copies of any amendment or waiver relating to this Agreement and/or the Convertible Debentures
to the Investors not constituting the Required Holders. Notwithstanding anything to the contrary herein, any Investor may waive any provision
of this Agreement or such Investor’s Convertible Debenture(s) on such Investor’s own behalf without the consent of any other
Person; provided that such waiver shall not affect any other Investor’s Convertible Debenture(s) or rights with respect thereto.
Any waiver or amendment effected in accordance with this Agreement shall be binding upon each holder of the applicable Convertible Debenture
purchased under this Agreement at the time outstanding, each future holder of such Convertible Debenture or the Conversion Securities,
as the case may be, and the Issuer.

 

(c)  
No waiver by any Party shall operate or be construed as a waiver in respect of any failure, breach or default not expressly identified
by such written waiver, whether of a similar or different character, and whether occurring before or after that waiver. No failure to
exercise, or delay in exercising, any right, remedy, power or privilege arising from this Agreement shall operate or be construed as a
waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further
exercise thereof or the exercise of any other right, remedy, power or privilege.

 

Section 9.11Governing Law; Submission
to Jurisdiction; Waiver of Jury Trial.

 

(a)  This
Agreement shall be governed by and construed in accordance with the internal laws of the State of Delaware without giving effect to any
choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction).

 

(b) ANY LEGAL SUIT, ACTION OR PROCEEDING ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS
CONTEMPLATED HEREBY OR THEREBY MAY BE INSTITUTED IN THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA OR THE COURTS OF THE STATE OF FLORIDA
IN EACH CASE LOCATED IN MIAMI-DADE COUNTY, AND EACH PARTY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS IN ANY SUCH
SUIT, ACTION OR PROCEEDING. SERVICE OF PROCESS, SUMMONS, NOTICE OR OTHER DOCUMENT BY MAIL TO SUCH PARTY’S ADDRESS SET FORTH HEREIN
SHALL BE EFFECTIVE SERVICE OF PROCESS FOR ANY SUIT, ACTION OR OTHER PROCEEDING BROUGHT IN ANY SUCH COURT. THE PARTIES IRREVOCABLY AND
UNCONDITIONALLY WAIVE ANY OBJECTION TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR ANY PROCEEDING IN SUCH COURTS AND IRREVOCABLY WAIVE
AND AGREE NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT
IN AN INCONVENIENT FORUM.

 

 

    	 	50	 

     

    

 

(c)   
EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT OR THE OTHER TRANSACTION DOCUMENTS
IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT
IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER TRANSACTION DOCUMENTS
OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. EACH PARTY TO THIS AGREEMENT CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE
OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE
EVENT OF A LEGAL ACTION, (B) SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (C) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY,
AND (D) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
Section 9.10(c).

 

Section 9.12 Specific Performance.
The Parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the
terms hereof and that the Parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy to which
they are entitled at law or in equity.

 

Section 9.13 Counterparts.
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including .pdf or any electronic signature
complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart so delivered
shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

 

[SIGNATURE PAGE FOLLOWS]

 

 

    	 	51	 

     

    

 

 

[COMPANY SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT]

 

 

IN WITNESS WHEREOF, the Parties have caused this
Agreement to be executed as of the Agreement Date by their respective officers thereunto duly authorized.

 

 

	 	ISSUER:
	 	 
	 	ATHENA BITCOIN, INC., a Delaware corporation
	 	 
	 	By: /s/ Eric Gravengaard
	 	Name: Eric Gravengaard
	 	Title: CEO  
	 	 
	 	 
	 	COMPANY:
	 	 
	 	GAMEPLAN, INC., a Nevada corporation
	 	 
	 	By: /s/ Eric Gravengaard
	 	Name: Eric Gravengaard
	 	Title: CEO  

 

 

 

 

 

    	 	52	 

     

    

 

INVESTOR COUNTERPART SIGNATURE
PAGE TO SECURITIES PURCHASE AGREEMENT

 

The undersigned Investor,
desiring to be a Party to that certain Securities Purchase Agreement (the “Agreement”) by and among, on the one hand,
GamePlan, Inc., a Nevada corporation (the “Issuer”) and Athena Bitcoin, Inc., a Delaware corporation (the “Company”),
and the Investors listed on the Schedule of Investors thereof (each an “Investor”), hereby executes this signature
page to the Agreement as an Investor as if executing the Agreement on the date of its first execution and agrees to be bound by the provisions
of the Agreement as of the date hereof and to become a Party as that term is defined therein along with the Issuer, the Company and the
other Investors.

 

Dated: January
31st, 2020   

 

Purchase
Price: $3,000,000.00

 

INVESTOR:

 

	ORGANIZATION	 	INDIVIDUAL
	 	 	 
	KGPLA Holdings, LLC	 	 
	Print Name of Organization	 	Print Name of Individual
	 	 	 
	/s/ Mike Komaransky	 	 
	Signature of Person Signing	 	Signature of Individual
	 	 	 
	Mike Komaransky	 	 
	Print Name of Person Signing	 	Address (Number and Street)
	 	 	 
	Authorized Person	 	 
	Print Title of Person Signing	 	Address (City, State, Zip Code)
	 	 	 
	850 New Burton Road, Suite 201	 	 
	Address (Number and Street)	 	INDIVIDUAL [IF JOINT OWNERSHIP]
	 	 	 
	Dover, DE 19904	 	 
	Address (City, State, Zip Code)	 	Print Name of Individual
	 	 	 
	 	 	 
	 	 	Signature of Individual
	 	 	 

 

 

    	 	53	 

     

    

 

INVESTOR COUNTERPART SIGNATURE
PAGE TO SECURITIES PURCHASE AGREEMENT

 

The undersigned Investor,
desiring to be a Party to that certain Securities Purchase Agreement (the “Agreement”) by and among, on the one hand,
GamePlan, Inc., a Nevada corporation (the “Issuer”) and Athena Bitcoin, Inc., a Delaware corporation (the “Company”),
and the Investors listed on the Schedule of Investors thereof (each an “Investor”), hereby executes this signature
page to the Agreement as an Investor as if executing the Agreement on the date of its first execution and agrees to be bound by the provisions
of the Agreement as of the date hereof and to become a Party as that term is defined therein along with the Issuer, the Company and the
other Investors.

 

Dated: January
31st, 2020   

 

Purchase
Price: $3,000,000.00

 

INVESTOR:

 

	ORGANIZATION	 	INDIVIDUAL
	 	 	 
	Swingbridge Crypto III LLC	 	 
	Print Name of Organization	 	Print Name of Individual
	 	 	 
	/s/ Tom Kerestes	 	 
	Signature of Person Signing	 	Signature of Individual
	 	 	 
	Tom Kerestes	 	 
	Print Name of Person Signing	 	Address (Number and Street)
	 	 	 
	Manager of the Manager	 	 
	Print Title of Person Signing	 	Address (City, State, Zip Code)
	 	 	 
	600 W Jackson Blvd Ste 100	 	 
	Address (Number and Street)	 	INDIVIDUAL [IF JOINT OWNERSHIP]
	 	 	 
	Chicago, IL 60661	 	 
	Address (City, State, Zip Code)	 	Print Name of Individual
	 	 	 
	 	 	 
	 	 	Signature of Individual
	 	 	 

 

 

    	 	54	 

     

    

 

 

EXHIBIT A TO SECURITIES PURCHASE AGREEMENT

 

Schedule of Investors

 

	Investor Name	Investor Address for Notice Purposes	Purchase Price
	KGPLA Holdings, LLC, a

                                                                                Delaware limited liability company
	
    Attn: Mike Komaransky,
Authorized Person (mkomaransky@gmail.com),

    850 New Burton Road, Suite 201, Dover, DE 19904
	$3,000,000.00
	Swingbridge Crypto III LLC, an

                                                                                Illinois limited liability company
	
    Attn:
Thomas Kerestes, Manager,

    600 W.
Jackson Blvd., Ste. 100, Chicago, IL 60611
	$125,000.00

 

 

 

 

 

 

    	 	A-1	 

     

    

 

EXHIBIT E TO SECURITIES PURCHASE AGREEMENT

 

AMENDED
AND RESTATED

CERTIFICATE OF INCORPORATION

OF

ATHENA BITCOIN, INC.

 

ATHENA BITCOIN, INC., a corporation organized
and existing under and by virtue of the provisions of the General Corporation Law of the State of Delaware (the “Act”),

 

DOES HEREBY CERTIFY:

 

1.                 
The name of this corporation is Athena Bitcoin, Inc., and that this corporation was originally incorporated pursuant
to the Act on ____________.

 

2.                 
That the Board of Directors duly adopted resolutions proposing to amend and restate the certificate of incorporation
of this corporation, as amended or restated from time to time (the “Certificate”), in its entirety, declaring said
amendment and restatement to be advisable and in the best interests of this corporation and its stockholders, and authorizing the appropriate
officers of this corporation to solicit the consent of the stockholders therefor, which resolution setting forth the proposed amendment
and restatement is as follows:

 

RESOLVED, that the Certificate be amended and restated
in its entirety to read as follows:

 

FIRST: The name
of this corporation is Athena Bitcoin, Inc. (the “Corporation”).

 

SECOND:
The address of the registered office of the Corporation in the State of Delaware is ____________. The name of its registered
agent at such address is ____________.

 

THIRD:
The nature of the business or purposes to be conducted or promoted is to engage in any lawful act or activity for which corporations may
be organized under the Act.

 

FOURTH:
The total number of shares of stock which the Corporation shall have authority to issue is 3,000,000. All shares shall be Common Stock,
$0.001 par value per share (“Common Stock”) and are to be of one class.

 

FIFTH:
Subject to any additional vote required by the Amended and Restated Certificate of Incorporation or the Bylaws of the Corporation, as
amended or restated from time to time (the “Bylaws”), in furtherance and not in limitation of the powers conferred
by statute, the Board is expressly authorized to make, repeal, alter, amend and rescind any or all of the Bylaws.

 

SIXTH:
Subject to any additional vote required by the Amended and Restated Certificate of Incorporation, the number of directors of the Corporation
shall be determined in the manner set forth in the Bylaws.

 

SEVENTH: Elections
of directors need not be by written ballot unless the Bylaws shall so provide.

 

 

 

    	 	E-2	 

     

    

 

EIGHTH:
Meetings of shareholders may be held within or without the State of Delaware, as the Bylaws may provide. The books of the
Corporation may be kept outside the State of Delaware at such place or places as may be designated from time to time by the Board of
Directors or in the Bylaws.

 

NINTH:
To the fullest extent permitted by law, a director of the Corporation shall not be personally liable to the Corporation or its shareholders
for monetary damages for breach of fiduciary duty as a director. If the Act or any other law of the State of Delaware is amended after
approval by the shareholders of this Article Ninth to authorize corporate action further eliminating or limiting the personal liability
of directors, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the
Act as so amended. Any repeal or modification of the foregoing provisions of this Article Ninth by the shareholders of the Corporation
shall not adversely affect any right or protection of a director of the Corporation existing at the time of or increase the liability
of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

 

TENTH:
To the fullest extent permitted by applicable law, the Corporation shall provide indemnification of (and advancement of expenses to) directors,
officers and agents of the Corporation (and any other persons to which Act permits the Corporation to provide indemnification) through
provisions in the Bylaws, agreements with such agents or other persons, vote of shareholders or disinterested directors or otherwise,
in excess of the indemnification and advancement otherwise permitted by the Act. Any amendment, repeal or modification of the foregoing
provisions of this Article Tenth shall not adversely affect any right or protection of any director, officer or other agent of the Corporation
existing at the time of such amendment, repeal or modification.

 

*       *       *

 

3.                 
That the foregoing amendment and restatement was approved by the holders of the requisite number of shares of the Corporation
in accordance with the Act.

 

4.                 
That this Amended and Restated Certificate of Incorporation, which restates and integrates and further amends the provisions
of the Certificate, has been duly adopted by the shareholders in accordance with the Act. The number of votes cast for these amendments
by the shareholders was sufficient for approval.

 

[Signature Page to Follow]

 

 

 

 

 

 

 

 

 

 

 

    	 	E-3	 

     

    

 

IN WITNESS
WHEREOF, this Amended and Restated Certificate of Incorporation has been executed by a duly authorized officer of the Corporation
on this day of January, 2020.

 

 

 

 

		By:	                                                                
	 	 	Eric Graavengard, CEO

 

Having been named
as registered agent to accept service of process for the above stated corporation at the place designated in these Articles of Incorporation,
I am familiar with and accept the appointment as registered agent and agree to act in this capacity.

 

 

 

 

	 	 	__________
	_____________________________	 	Date
	Registered Agent	 	 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	E-4Exhibit 10.4

 

INDEMNIFICATION
AGREEMENT

 

THIS INDEMNIFICATION
AGREEMENT (this “Agreement”) is made and entered into as of March 10th, 2020 (the “Effective Date”)
by and between, on the one hand, GamePlan, Inc., a Nevada corporation (“GamePlan”), jointly and severally with its
wholly-owned subsidiary, Athena Bitcoin, Inc., a Delaware corporation (“Athena”) (collectively, the “Company”),
and the undersigned individual (“Indemnitee”). The Company and Indemnitee are sometimes hereinafter referred to individually
as a “Party” and, collectively, as the “Parties”.

 

RECITALS

 

WHEREAS, highly
competent persons have become more reluctant to serve companies as managers, officers and/or directors, or in other capacities, unless
they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions
against them arising out of their service to and activities on behalf of the company.

 

WHEREAS, the
boards of directors of both of GamePlan and Athena (collectively, the “Board”) have determined that, in order to attract
and retain qualified individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to
protect persons serving the Company and its subsidiaries from certain liabilities. Although the furnishing of such insurance has been
a customary and widespread practice among U.S.-based companies and other business enterprises, the Company believes that, given current
market conditions and trends, such insurance may be available to it in the future only at higher premiums and with more exclusions. At
the same time, managers, directors, officers, and other persons in service to companies or business enterprises are being increasingly
subjected to expensive and time-consuming litigation relating to, among other things, matters that traditionally would have been brought
only against the Company or business enterprise itself. The operative governing documents and agreements of both GamePlan and Athena (collectively,
the “Governance Documents”) expressly provide that the indemnification provisions set forth therein are not exclusive,
and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers and other persons with
respect to indemnification.

 

WHEREAS, the
uncertainties relating to such insurance and to indemnification have increased the difficulty of attracting and retaining such persons.

 

WHEREAS, the Board
has determined that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the Company's
shareholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future.

 

WHEREAS, it is
reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of,
such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue
concern that they will not be so indemnified.

 

WHEREAS, this
Agreement is a supplement to and in furtherance of the Governance Documents and any resolutions adopted pursuant thereto, and shall not
be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder.

 

WHEREAS, Indemnitee
does not regard the protection available under the Governance Documents and insurance as adequate in the present circumstances and may
not be willing to serve as an officer or director without adequate protection, and the Company desires Indemnitee to serve in such capacity.
Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that
Indemnitee be so indemnified.

 

NOW, THEREFORE,
in consideration of Indemnitee’s agreement to serve as a manager, officer and/or director from and after the Effective Date, the
Parties agree as follows:

 

 

 

    	 	1	 

     

    

 

1.            
Indemnity of Indemnitee. The Company (jointly and several, as GamePlan and Athena, for all purposes of this Agreement
and under applicable law) hereby agrees to hold harmless and indemnify Indemnitee to the fullest extent permitted by law, as such may
be amended from time to time. In furtherance of the foregoing indemnification, and without limiting the generality thereof.

 

(a)          
Indemnitee shall be entitled to the rights of indemnification provided in this Section l(a) if, by reason of Indemnitee’s
Corporate Status (as hereinafter defined), the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding
(as hereinafter defined) other than a Proceeding by or in the right of the Company. Pursuant to this Section 1(a), Indemnitee shall be
indemnified against all Expenses (as hereinafter defined), judgments, penalties, fines and amounts paid in settlement actually and reasonably
incurred by Indemnitee, or on Indemnitee’s behalf, in connection with such Proceeding or any claim, issue or matter therein, if
the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of
the Company, and with respect to any criminal Proceeding, had no reasonable cause to believe the Indemnitee’s conduct was unlawful.

 

(b)          
Indemnitee shall be entitled to the rights of indemnification provided in this Section 1(b) if, by reason of Indemnitee’s
Corporate Status, the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding brought by or in the right
of the Company. Pursuant to this Section 1(b), Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by
the Indemnitee, or on the Indemnitee’s behalf, in connection with such Proceeding if the Indemnitee acted in good faith and in a
manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company; provided, however,
if applicable law so provides, no indemnification against such Expenses shall be made in respect of any claim, issue or matter in such
Proceeding as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery
of the State of Delaware shall determine that such indemnification may be made.

 

(c)          
Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason of Indemnitee’s Corporate
Status, a party to and is successful, on the merits or otherwise, in any Proceeding, Indemnitee shall be indemnified to the maximum extent
permitted by law, as such may be amended from time to time, against all Expenses actually and reasonably incurred by Indemnitee or on
Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the
merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee
against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with each successfully
resolved claim, issue or matter. For purposes of this Section 1(c) and without limitation, the termination of any claim, issue or matter
in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 

(d)          
If (i) Indemnitee is or was affiliated with one or more venture capital, family office or other funds that has invested in the
Company (an “Appointing Member”), and (ii) the Appointing Member is, or is threatened to be made, a party to or a participant
in any Proceeding relating to or arising by reason of Appointing Member's position as a direct or indirect economic interest holder of,
or lender to, the Company, or Appointing Member's appointment of or affiliation with Indemnitee or any other director, including, without
limitation, any alleged misappropriation of a Company asset or corporate opportunity, any claim of misappropriation or infringement of
intellectual property relating to the Company, any alleged false or misleading statement or omission made by the Company (or on its behalf)
or its employees or agents, or any allegation of inappropriate control or influence over the Company or its Board members, officers, equity
holders or debt holders, then the Appointing Member will be entitled to indemnification hereunder for Expenses to the same extent as Indemnitee,
and the terms of this Agreement as they relate to procedures for indemnification of Indemnitee and advancement of Expenses shall apply
to any such indemnification of Appointing Member.

 

2.            
Additional Indemnity. In addition to, and without regard to any limitations on, the indemnification provided for in
Section 1, the Company shall and hereby does indemnify and hold harmless Indemnitee against all Expenses, judgments, penalties, fines
and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf if, by reason of Indemnitee’s
Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by
or in the right of the Company), including, without limitation, all liability arising out of the negligence or active or passive wrongdoing
of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the
Company shall not be obligated to make any payment to Indemnitee that is finally determined (under the procedures, and subject to the
presumptions, set forth in Sections 6 and 7) to be unlawful.

 

 

 

    	 	2	 

     

    

 

		3.	Contribution.

 

(a)           
Whether or not the indemnification provided in Sections 1 and 2 is available, in respect of any threatened, pending or completed
action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding),
the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit or proceeding without
requiring Indemnitee to contribute to such payment and the Company hereby waives and relinquishes any right of contribution it may have
against Indemnitee. The Company shall not enter into any settlement of any action, suit or proceeding in which the Company is jointly
liable with Indemnitee (or would be if joined in such action, suit or proceeding) unless such settlement provides for a full and final
release of all claims asserted against Indemnitee.

 

(b)           
Without diminishing or impairing the obligations of the Company set forth in Section 3(a), if, for any reason, Indemnitee shall
elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding
in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), the Company shall contribute
to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by Indemnitee
in proportion to the relative benefits received by the Company and all officers, directors or employees of the Company, other than Indemnitee,
who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on
the other hand, from the transaction or events from which such action, suit or proceeding arose; provided, however, that
the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference
to the relative fault of the Company and all officers, directors or employees of the Company other than Indemnitee who are jointly liable
with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, in connection
with the transaction or events that resulted in such expenses, judgments, fines or settlement amounts, as well as any other equitable
considerations which applicable law may require to be considered. The relative fault of the Company and all managers, officers, directors
or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit
or proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree
to which their actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or
secondary and the degree to which their conduct is active or passive.

 

(c)           
The Company hereby agrees to indemnify and hold Indemnitee fully harmless from any claims of contribution which may be brought
by managers, officers, directors or employees of the Company, other than Indemnitee, who may be jointly liable with Indemnitee.

 

(d)          
To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to
Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee,
whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with
any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all
of the circumstances of such Proceeding in order to reflect: (i) the relative benefits received by the Company and Indemnitee as a result
of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of the Company (and its managers,
directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s).

 

4.           
Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that
Indemnitee is, by reason of Indemnitee’s Corporate Status, a witness, or is made (or asked) to respond to discovery requests, in
any Proceeding to which Indemnitee is not a party, Indemnitee shall be

indemnified against all Expenses actually and reasonably
incurred by Indemnitee or on Indemnitee’s behalf in connection therewith.

 

5.            
Advancement of Expenses. Notwithstanding any other provision of this Agreement, the Company shall advance all Expenses
incurred by or on behalf of Indemnitee in connection with any Proceeding by reason of Indemnitee’s Corporate Status within thirty
(30) days after the receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances from time
to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses
incurred by Indemnitee and shall include or be preceded or accompanied by a written undertaking by or on behalf of Indemnitee to repay
any Expenses advanced if it shall ultimately be determined that Indemnitee is not entitled to be indemnified against such Expenses. Any
advances and undertakings to repay pursuant to this Section 5 shall be unsecured and interest free.

 

 

 

    	 	3	 

     

    

 

6.            
Procedures and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this Agreement
to secure for Indemnitee rights of indemnity that are as favorable as may be permitted under applicable law and public policy of the State
of Delaware. Accordingly, the Parties agree that the following procedures and presumptions shall apply in the event of any question as
to whether Indemnitee is entitled to indemnification under this Agreement:

 

(a)           
To obtain indemnification under this Agreement, Indemnitee shall submit to the Chief Executive Officer of the Company a written
request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably
necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The Chief Executive Officer of the Company
shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification,
or if it is the Chief Executive Officer seeking indemnification hereunder, then advise the Board in writing directly. Notwithstanding
the foregoing, any failure of Indemnitee to provide such a request to the Company, or to provide such a request in a timely fashion, shall
not relieve the Company of any liability that it may have to Indemnitee unless, and to the extent that, such failure actually and materially
prejudices the interests of the Company.

 

(b)          
Upon written request by Indemnitee for indemnification pursuant to the first sentence of Section 6(a), a determination with respect
to Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four (4) methods, which shall be
at the election of the Board: (1) by a majority vote of the disinterested directors, even though less than a quorum; (2) by a committee
of disinterested directors designated by a majority vote of the disinterested directors, even though less than a quorum; (3) if there
are no disinterested directors or if the disinterested directors so direct, by independent legal counsel in a written opinion to the Board,
a copy of which shall be delivered to the Indemnitee; or (4) if so directed by the Board, by the members of the Company. For purposes
hereof, disinterested directors are those members of the Board who are not parties to the action, suit or proceeding in respect of which
indemnification is sought by Indemnitee.

 

(c)           
If the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 6(b), the Independent
Counsel shall be selected as provided in this Section 6(c). The Independent Counsel shall be selected by the Board. Indemnitee may, within
ten (10) days after such written notice of selection shall have been given, deliver to the Company a written objection to such selection;
provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the
requirements of Independent Counsel as defined in Section 13, and the objection shall set forth with particularity the factual basis
of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If a written objection
is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until such objection is withdrawn
or a court has determined that such objection is without merit. If, within twenty (20) days after submission by Indemnitee of a written
request for indemnification pursuant to Section 6(a), no Independent Counsel shall have been selected and not objected to, either the
Company or Indemnitee may petition the Court of Chancery of the State of Delaware or other court of competent jurisdiction for resolution
of any objection which shall have been made by the Indemnitee to the Company’s selection of Independent Counsel and/or for the
appointment as Independent Counsel of a person selected by the court or by such other person as the court shall designate, and the person
with respect to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 6(b). The
Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred by such Independent Counsel in connection
with acting pursuant to Section 6(b), and the Company shall pay all reasonable fees and expenses incident to the procedures of this Section
6(c), regardless of the manner in which such Independent Counsel was selected or appointed.

 

(d)          
In making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such
determination shall presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption
shall have the burden of proof and the burden of persuasion by clear and convincing evidence. Neither the failure of the Company (including
by its directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement
that indemnification is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination
by the Company (including by its directors or independent legal counsel) that Indemnitee has not met such applicable standard of conduct,
shall be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct.

 

 

 

    	 	4	 

     

    

 

(e)          
Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account
of the Enterprise (as hereinafter defined), including financial statements, or on information supplied to Indemnitee by the officers of
the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given
or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable
care by the Enterprise. In addition, the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the
Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. Whether or
not the foregoing provisions of this Section 6(e) are satisfied, it shall in any event be presumed that Indemnitee has at all times
acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company. Anyone
seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence.

 

(f)           
If the person, persons or entity empowered or selected under Section 6 to determine whether Indemnitee is entitled to indemnification
shall not have made a determination within sixty (60) days after receipt by the Company of the request therefor, the requisite determination
of entitlement to indemnification shall be deemed to have been made and Indemnitee shall be entitled to such indemnification absent (i)
a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not
materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable
law; provided, however, that such 60-day period may be extended for a reasonable time, not to exceed an additional thirty
(30) days, if the person, persons or entity making such determination with respect to entitlement to indemnification in good faith requires
such additional time to obtain or evaluate documentation and/or information relating thereto; and provided, further, that
the foregoing provisions of this Section 6(g) shall not apply if the determination of entitlement to indemnification is to be made by
the members of the Company pursuant to Section 6(b) and if (A) within fifteen (15) days after receipt by the Company of the request for
such determination, the Board or the Disinterested Directors, if appropriate, resolve to submit such determination to the members of
the Company for their consideration at an annual meeting thereof to be held within seventy-five (75) days after such receipt and such
determination is made thereat, or (B) a special meeting of the members of the Company is called within fifteen (15) days after such receipt
for the purpose of making such determination, such meeting is held for such purpose within sixty (60) days after having been so called
and such determination is made thereat.

 

(g)          
Indemnitee shall cooperate with the person, persons or entity making such determination with respect to Indemnitee’s entitlement
to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information
which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary
to such determination. Any Independent Counsel, director or member of the Company shall act reasonably and in good faith in making a
determination regarding the Indemnitee’s entitlement to indemnification under this Agreement. Any costs or expenses (including
attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination
shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company
hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

 

(h)          
The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party
to avoid expense, delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee
is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such
action, claim or proceeding with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful
on the merits or otherwise in such action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof
and the burden of persuasion by clear and convincing evidence.

 

(i)            
The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon
a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely
affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which
Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding,
that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

 

 

    	 	5	 

     

    

 

		7.	Remedies of Indemnitee.

 

(a)           
In the event that (i) a determination is made pursuant to Section 6 that Indemnitee is not entitled to indemnification under this
Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5, (iii) no determination of entitlement to indemnification
is made pursuant to Section 6(b) within ninety (90) days after receipt by the Company of the request for indemnification, (iv) payment
of indemnification is not made pursuant to this Agreement within ten (10) days after receipt by the Company of a written request therefor,
or (v) payment of indemnification is not made within ten (10) days after a determination has been made that Indemnitee is entitled to
indemnification or such determination is deemed to have been made pursuant to Section 6, Indemnitee shall be entitled to an adjudication
in an appropriate court of the State of Delaware, or in any other court of competent jurisdiction, of Indemnitee’s entitlement
to such indemnification. Indemnitee shall commence such proceeding seeking an adjudication within one hundred and eighty (180) days following
the date on which Indemnitee first has the right to commence such proceeding pursuant to this Section 7(a). The Company shall not oppose
Indemnitee’s right to seek any such adjudication.

 

(b)          
In the event that a determination shall have been made pursuant to Section 6(b) that Indemnitee is not entitled to indemnification,
any judicial proceeding commenced pursuant to this Section 7 shall be conducted in all respects as a de novo trial on the merits, and
Indemnitee shall not be prejudiced by reason of the adverse determination under Section 6(b).

 

(c)          
If a determination shall have been made pursuant to Section 6(b) that Indemnitee is entitled to indemnification, the Company shall
be bound by such determination in any judicial proceeding commenced pursuant to this Section 7, absent (i) a misstatement by Indemnitee
of a material fact, or an omission of a material fact necessary to make Indemnitee’s misstatement not materially misleading in connection
with the application for indemnification, or (ii) a prohibition of such indemnification under applicable law.

 

(d)          
In the event that Indemnitee, pursuant to this Section 7, seeks a judicial adjudication of Indemnitee’s rights under, or
to recover damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance policies
maintained by the Company, the Company shall pay on Indemnitee’s behalf, in advance, any and all expenses (of the types described
in the definition of Expenses in Section 13) actually and reasonably incurred by Indemnitee in such judicial adjudication, regardless
of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of expenses or insurance recovery.

 

(e)          
The Company shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures
and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company is bound
by all the provisions of this Agreement. The Company shall indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee,
shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by law,
such expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification
or advance of Expenses from the Company under this Agreement or under any directors' and officers' liability insurance policies maintained
by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses
or insurance recovery, as the case may be.

 

(f)           
Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement
shall be required to be made prior to the final disposition of the Proceeding.

 

		8.	Non-Exclusivity; Survival of Rights; Insurance; Primacy of Indemnification; Subrogation.

 

(a)          
The rights of indemnification as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee
may at any time be entitled under applicable law, the Governance Documents, any other agreement, an approval of the members of the Company,
a resolution of the Board, or otherwise. No amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or
restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitee’s
Corporate Status prior to such amendment, alteration or repeal. To the extent that a change in the applicable law, whether by statute
or judicial decision, permits greater indemnification than would be afforded currently under applicable law, the Governance Documents
and this Agreement, it is the intent of the Parties that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by
such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy
shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or
otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment
of any other right or remedy.

 

 

 

    	 	6	 

     

    

 

(b)          
To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers,
employees, or agents or fiduciaries of the Company or of any other company, partnership, joint venture, trust, employee benefit plan or
other enterprise that such person serves at the request of the Company, Indemnitee shall be covered by such policy or policies in accordance
with its or their terms to the maximum extent of the coverage available for any director, officer, employee, agent or fiduciary under
such policy or policies. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has directors'
and officers' liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers
in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action
to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the
terms of such policies.

 

(c)          
The Company hereby agrees: (i) that it is the indemnitor of first resort (i.e., its obligations to Indemnitee are primary);
and (ii) that it shall be required to advance the full amount of expenses incurred by Indemnitee and shall be liable for the full amount
of all Expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms
of this Agreement and the Governance Documents (or any other agreement between the Company and Indemnitee).

 

(d)          
Except as provided in Section 8(c), in the event of any payment under this Agreement, the Company shall be subrogated to the extent
of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to
secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.

 

(e)          
Except as provided in Section 8(c), the Company shall not be liable under this Agreement to make any payment of amounts otherwise
indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy,
contract, agreement or otherwise.

 

(f)           
Except as provided in Section 8(c), the Company's obligation to indemnify or advance Expenses hereunder to Indemnitee who is or
was serving at the request of the Company as a manager, director, officer, employee or agent of any other company, partnership, joint
venture, trust, employee benefit plan or other enterprise shall be reduced by any amount Indemnitee has actually received as indemnification
or advancement of expenses from such other company, partnership, joint venture, trust, employee benefit plan or other enterprise.

 

9.         
Exception to Right of Indemnification. Notwithstanding any provision in this Agreement, the Company shall not be obligated
under this Agreement to make any indemnity in connection with any claim made against Indemnitee:

 

(a)           
for which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision,
except with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision, provided, that the foregoing
shall not affect the rights of Indemnitee as set forth in Section 8(c); or

 

(b)          
for an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company
within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory law or
common law; or

 

(c)           
in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or any part
of any Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees or other indemnitees, unless (i)
the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation or (ii) the Company provides the indemnification,
in its sole discretion, pursuant to the powers vested in the Company under applicable law.

 

 

 

    	 	7	 

     

    

 

10.          
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period
Indemnitee is a manager, officer or director of the Company (or is or was serving at the request of the Company as a director, officer,
employee or agent of another company, partnership, joint venture, trust or other enterprise), and shall continue for the applicable statute
of limitations period(s) related to any claims brought after the term of service, even if claim has not yet been paid, and shall continue
thereafter so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenced under Section 7) by reason of Indemnitee’s
Corporate Status, whether or not Indemnitee is acting or serving in any such capacity at the time any liability or expense is incurred
for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be
enforceable by the Parties and their respective successors (including any direct or indirect successor by purchase, merger, consolidation
or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and
legal representatives.

 

11.          
Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time
to time provide security to Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit, funded
trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent
of the Indemnitee.

 

		12.	Enforcement.

 

(a)          
The Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby
in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying
upon this Agreement in serving as an officer or director of the Company.

(b)          
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all
prior agreements and understandings, oral, written and implied, between the Parties with respect to the subject matter hereof.

 

(c)           
The Company shall not seek from a court, or agree to, a "bar order" which would have the effect of prohibiting or limiting
the Indemnitee's rights to receive advancement of expenses under this Agreement.

 

		13.	Definitions. For purposes of this Agreement:

 

(a)          
“Corporate Status” describes the status of a person who is or was a manager, director, officer, employee, agent
or fiduciary of the Company or of any other company, partnership, joint venture, trust, employee benefit plan or other enterprise that
such person is or was serving at the express written request of the Company.

 

(b)          
“Disinterested Director” means a director of the Company who is not and was not a party to the Proceeding in
respect of which indemnification is sought by Indemnitee.

 

(c)           “Enterprise”
shall mean the Company and any other company, partnership, joint venture, trust, employee benefit plan or other enterprise that Indemnitee
is or was serving at the express written request of the Company as a director, officer, employee, agent or fiduciary.

 

(d)          
“Expenses” shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees
of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service
fees and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, participating, or being or preparing to be a witness in a Proceeding, or responding to, or objecting
to, a request to provide discovery in any Proceeding. Expenses also shall include Expenses incurred in connection with any appeal resulting
from any Proceeding and any federal, state, local or foreign taxes imposed on the Indemnitee as a result of the actual or deemed receipt
of any payments under this Agreement and any federal, state, local or foreign taxes imposed on the Indemnitee as a result of the actual
or deemed receipt of any payments under this Agreement, including without limitation the premium, security for, and other costs relating
to any cost bond, supersede as bond, or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement
by Indemnitee or the amount of judgments or fines against Indemnitee.

 

 

 

    	 	8	 

     

    

 

(e)           
“Independent Counsel” means a law firm, or a member of a law firm, that is experienced in matters of company
law and neither presently is, nor in the past five (5) years has been, retained to represent: (i) the Company or Indemnitee in any matter
material to either such Party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees
under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards
of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action
to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel
referred to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto.

 

(f)          
“Proceeding” includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution
mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought by
or in the right of the Company or otherwise and whether civil, criminal, administrative or investigative, in which Indemnitee was, is
or will be involved as a party or otherwise, by reason of Indemnitee’s Corporate Status, by reason of any action taken by Indemnitee
or of any inaction on Indemnitee’s part while acting in Indemnitee’s Corporate Status; in each case whether or not Indemnitee
is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under
this Agreement; including one pending on or before the date of this Agreement, but excluding one initiated by an Indemnitee pursuant to
Section 7 to enforce Indemnitee’s rights under this Agreement.

 

14.         
Severability. The invalidity or unenforceability of any provision hereof shall in no way affect the validity or enforceability
of any other provision. Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Member
shall in no way affect the validity or enforceability of any provision hereof as to the other. Without limiting the generality of the
foregoing, this Agreement is intended to confer upon Indemnitee indemnification rights to the fullest extent permitted by applicable laws.
In the event any provision hereof conflicts with any applicable law, such provision shall be deemed modified, consistent with the aforementioned
intent, to the extent necessary to resolve such conflict.

 

15.         
Modification and Waiver. No supplement, modification, termination or amendment of this Agreement shall be binding unless
executed in writing by both of the Parties. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a
waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

16.         
Notice By Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with or otherwise
receiving any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which
may be subject to indemnification covered hereunder. The failure to so notify the Company shall not relieve the Company of any obligation
which it may have to Indemnitee under this Agreement or otherwise unless and only to the extent that such failure or delay materially
prejudices the Company.

 

17.         
Notices. All notices and other communications given or made pursuant to this Agreement shall be in writing and shall
be deemed effectively given: (a) upon personal delivery to the Party to be notified; (b) when sent by confirmed electronic mail or facsimile
if sent during normal business hours of the recipient, and if not so confirmed, then on the next business day; (c) five (5) days after
having been sent by registered or certified mail, return receipt requested, postage prepaid; or (d) one (1) day after deposit with a nationally
recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent:

 

If to Indemnitee, at the address provided by Indemnitee
in the Company’s records.

 

If to the Company, at:

 

GamePlan, Inc.

211 W. Wacker Dr., Suite 1500a

Chicago, IL 60606

E-mail: eric@athenabitcoin.com

Attn: Eric Gravengaard,
CEO

 

or to such other address as may have been furnished to Indemnitee
by the Company or to the Company by Indemnitee, as the case may be.

 

 

 

    	 	9	 

     

    

 

18.              
Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including .pdf
or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and
any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes..

 

19.              
Construction. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed
to constitute part of this Agreement or to affect the construction thereof. References to “sections” are references to sections
of this Agreement unless otherwise specifically stated.

 

20.              
Governing Law and Consent to Jurisdiction. This Agreement and the legal relations among the Parties shall be
governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to any conflict of laws
rules. The Company and Indemnitee hereby irrevocably and unconditionally: (i) agree that any action or proceeding arising out of or in
connection with this Agreement shall be brought only in the federal and state courts in and for Miami-Dade County, Florida, located in
Miami, Florida (the “Florida Court”), and not in any other state or federal court in the United States of America
or any court in any other country; (ii) consent to submit to the exclusive jurisdiction of the Florida Court for purposes of any action
or proceeding arising out of or in connection with this Agreement; (iv) waive any objection to the laying of venue of any such action
or proceeding in the Florida Court; and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought
in the Florida Court has been brought in an improper or inconvenient forum.

 

[Signature Page Follows]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	10	 

     

    

 

[Signature page to Indemnification
Agreement]

 

IN WITNESS WHEREOF, the Parties have executed
this Indemnification Agreement on and as of the Effective Date.

 

 

	 	COMPANY:
	 	 
	 	 
	 	GamePlan, Inc., a Nevada corporation
	 	 
	 	 
	 	By: /s/ Eric Gravengaard
	 	Name: Eric Gravengaard
	 	Title: CEO
	 	 
	 	 
	 	Athena Bitcoin, Inc., a Nevada corporation
	 	 
	 	 
	 	By: /s/ Eric Gravengaard
	 	Name: Eric Gravengaard
	 	Title: CEO
	 	 
	 	 
	 	 
	 	 
	 	

INDEMNITEE:

	 	 
	 	 
	 	/s/ Edward A. Weinhaus
	 	Name: Edward A. Weinhaus

 

 

 

 

 

 

 

 

 

 

 

    	 	11

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