Document:

AMENDMENT
TO NOTE PAYABLE AGREEMENT

 

This
Amendment, dated as of November 1, 2019 (this “Amendment”), made and entered into by and between YayYo, Inc.,
a Delaware corporation with its principal office located at 433 N. Camden Drive, Suite 600, Beverly Hills, California 90210 (hereinafter
referred to as the “Company”) and Bellridge Capital, LLC located at 515 E. Las Olas Boulevard, Suite 120A,
Fort Lauderdale, Florida 33301 (hereinafter referred to as “Bellridge”), with reference to the following:

 

WHEREAS,
prior to the date hereof the Company repaid and exchanged a senior secured promissory note in the principal face amount of $6,000,000
and entered into a new note payable agreement whereby it repaid $4,821,810 of the original $6,000,000 note payable and left a
remaining balance of $1,178,190, plus an original issue discount of $117,828 for a note payable for $1,296,018. This note payable
was due the earlier of October 31, 2019 or the closing of an offering of at least $3,000,000. (the “Maturity Date”);

 

WHEREAS,
the Company and Bellridge have determined that it is necessary, desirable, and in the best interest of the Company and Bellridge
to amend the Note as set forth in this Amendment; and

 

NOW
THEREFORE, in consideration of the foregoing and the representations, warranties, covenants and agreements herein contained,
the Company and Bellridge hereby agree as follows:

 

1.
Definitions. Capitalized terms used and not defined in this Amendment shall have the respective meanings assigned to them
in the Note.

 

2.
Effective Date. This Amendment is effective as of November 1, 2019 (the “Effective Date”), and all references
to the Note from and after such time will be deemed to be references to the Note as amended hereby.

 

3.
Amendments to the Note: In consideration of good and valuable consideration, as of Effective Date, the Maturity Date shall
be extended to the earlier of November 30, 2019 or the closing of an offering of at least $3,000,000.

 

4.
The headings in this Amendment are for reference only and do not affect the interpretation of this Amendment.

 

5.
Except as set forth in this Amendment, the Note is unaffected and shall continue in full force and effect in accordance with its
terms. If there is conflict between this Amendment and the Note or any earlier amendment, the terms of this Amendment will prevail.

 

6.
This Amendment shall be governed by, and construed in accordance with, the internal laws of the State of Delaware without regard
to the choice of law principles thereof. Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the courts
of the State of Delaware for the purpose of any suit, action, proceeding or judgment relating to or arising out of this Amendment
and the transactions contemplated hereby. Service of process in connection with any such suit, action or proceeding may be served
on each party hereto anywhere in the world by the same methods as are specified for the giving of notices under this Amendment.
Each of the parties hereto irrevocably consents to the jurisdiction of any such court in any such suit, action or proceeding and
to the laying of venue in such court. Each party hereto irrevocably waives any objection to the laying of venue of any such suit,
action or proceeding brought in such courts and irrevocably waives any claim that any such suit, action or proceeding brought
in any such court has been brought in an inconvenient forum.

 

7.
This Amendment may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to
be an original, and all such counterparts shall together constitute but one and the same instrument. A signature to this Amendment
transmitted electronically shall have the same authority, effect, and enforceability as an original signature.

 

8.
If any term, provision, covenant or restriction of this Amendment or applicable to this Amendment is held by a court of competent
jurisdiction or other authority to be invalid, null and void or unenforceable, the remainder of the terms, provisions, covenants
and restrictions of this Amendment shall remain in full force and effect and shall in no way be affected, impaired or invalidated.

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the undersigned have caused this Amendment to the Note to be duly executed as of the date first above written.

 

	YAYYO, INC.
	 	 	 
	By:	 	 
	Name: 	Jonathan
    Rosen	 
	Title:	Chief
    Executive Officer	 
	 	 	 
	BELLRIDGE CAPITAL, LLC
	 	 	 
	By:	 	 
	Name:	Robert
    Klimov	 
	Title:	Managing
    PartnerPROMISSORY
NOTE

 

	$880,000	  	October
    31, 2019

 

For
value received, YayYo, Inc., a Delaware corporation (the “Company”), issues this Promissory Note (the “Note”)
and promises to pay to John Gray or his designated assigns (the “Holder”) the principal sum of Eight Hundred
and Eighty Thousand ($880,000) or such other amount as may have been advanced and may be outstanding from time to time (the “Principal
Amount”).

 

1.
Repayment. All payments of interest and principal shall be made in lawful money of the United States of America.
Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. This Note
may be prepaid in whole or in part from time to time by the Company. The outstanding Principal Amount and accrued and unpaid interest
shall be due on December 31, 2019 (the “Maturity Date”)

 

2.
Interest Rate. The Company promises to pay simple interest on the outstanding Principal Amount at the rate of five
percent (5%) per annum. Interest shall be due and payable on the Maturity Date.

 

3.
Expenses. In the event of any default hereunder, the Company shall pay all reasonable attorneys’ fees and court costs
incurred by the Holder in enforcing and collecting this Note.

 

4.
Event of Default. Upon the occurrence of any one of the following events (each, an “Event of Default”
or “default” or “event of default”), Holder, at its option, may declare all indebtedness of
Company to Holder under this Note immediately due and payable without further notice of any kind notwithstanding anything to the
contrary in this Note or any other agreement: (a) Company’s failure to make any payment on time or in the amount due; (b) the
dissolution, or termination of existence of Company; or (c) the commencement of any proceeding under bankruptcy or insolvency
laws by or against Company or the appointment of a receiver.

 

5.
Governing Law. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties
hereto shall be governed, construed and interpreted in accordance with the laws of the State of California, without giving effect
to principles of conflicts of law.

 

6.
Jurisdiction and Venue. Each of the Holder and the Company irrevocably consents to the exclusive jurisdiction
and venue of any court within the State of California, in connection with any matter based upon or arising out of this Note or
the matters contemplated herein, and agrees that process may be served upon them in any manner authorized by the laws of the State
of California for such persons.

 

7.
General Waivers. To the extent permitted by law, the Company severally waives any required notice of presentment,
demand, acceleration, intent to accelerate, protest and any other notice and defense due to extensions of time or other indulgence
by Holder or to any substitution or release of collateral. No failure or delay on the part of Holder, and no course of dealing
between the Company and Holder, shall operate as a waiver of such power or right, nor shall any single or partial exercise of
any power or right preclude other or further exercise thereof or the exercise of any other power or right.

 

8.
Severability. If a court of competent jurisdiction determines any term or provision of this Note is invalid or prohibited
by applicable law, that term or provision will be ineffective to the extent required. Any term or provision that has been determined
to be invalid or prohibited will be severed from the rest of this Note without invalidating the remainder of either the affected
provision or this Note.

 

9.
Survival. The rights and privileges of the Holder hereunder shall inure to the benefits of its successors and assigns,
and this Note shell be binding on all heirs, executors, administrators, assigns and successors of the Company.

 

10.
Assignability. Holder may assign, pledge or otherwise transfer this Note or any of its rights and powers under this
Note without notice, with all or any of the obligations owing to Holder by the Company, and in such event the assignee shall have
the same rights as if originally named herein in place of Holder. The Company may not assign this Note or any benefit accruing
to it hereunder without the express written consent of the Holder.’

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 

    	 

    

 

By
signing this Note, the Company acknowledges reading, understanding, and agreeing to all its provisions and receipt hereof.

 

	COMPANY:	 
	 	 
	YAYYO,
    INC.	 
	 	 
	 	 
	Jonathan
    Rosen	 
	Chief
    Executive Officer	 
	 	 
	HOLDER:	 
	 	 
	JOHN
    GRAY	 
	 	 
	 	 
	John
    GrayEX-4.1

 Exhibit 4.1 
  

			
	Number: E-[_]	  	 [   ] Shares

 
 SEE REVERSE FOR IMPORTANT NOTICE 
ON TRANSFER RESTRICTIONS AND 
OTHER
INFORMATION
  
 CUSIP 665859 849

 NORTHERN TRUST CORPORATION 

a Corporation Organized Under the Laws of the State of Delaware 

THIS CERTIFIES THAT [____________], as depositary is the owner of [_____] ([_____]) fully paid and
non-assessable shares of Series E Non-Cumulative Perpetual Preferred Stock, without par value, liquidation preference of $25,000 per share, of 

Northern Trust Corporation 
 (the
“Corporation”) transferable on the books of the Corporation by the holder hereof in person or by its duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby are
issued and shall be held subject to all of the provisions of the Restated Certificate of Incorporation and the By-laws of the Corporation and any amendments thereto. This Certificate is not valid unless
countersigned and registered by the Registrar. 
 IN WITNESS WHEREOF, the Corporation has caused this Certificate to be executed on its
behalf by its duly authorized officers. 

DATED                       

Countersigned and Registered: 
  

					
	Registrar	  	(SEAL)	  	  
 Michael
O’Grady

		  		  	Chairman of the Board, President and Chief Executive Officer
			
	By:                                     
                                         
      	  		  	
		  		  	  
 Susan C. Levy

		  		  	Executive Vice President, General Counsel and Corporate Secretary

 IMPORTANT NOTICE 

The Corporation will furnish to any shareholder, on request, without charge and in writing, a full statement of the powers, designations and any preferences,
conversion and other rights, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption of the stock of each class which the Corporation has authority to issue and, if the Corporation is
authorized to issue any preferred or special class in series, (i) the differences in the relative rights and preferences between the shares of each series to the extent set, and (ii) the authority of the Board of Directors to set such
rights and preferences of subsequent series. The foregoing summary does not purport to be complete and is subject to and qualified in its entirety by reference to the Restated Certificate of Incorporation of the Corporation, as amended from time to
time, a copy of which will be sent without charge to each shareholder who so requests. Such request must be made to the Secretary of the Corporation at its principal office or to the Registrar. 

KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN OR DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS A CONDITION
TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE. 
 The following abbreviations, when used in the inscription on the face of this Certificate, shall be
construed as though they were written out in full according to applicable laws or regulations: 
  

			
	TEN COM	  	- as tenants in common
	TEN ENT	  	- as tenants by the entireties
	JT TEN	  	- as joint tenants with right of survivorship and not as tenants in common

  

							
	UNIF GIFT MIN ACT -	  	 	  	Custodian	  	 
		  	(Custodian)	  		  	(Minor)

							
				
		  		  	under Uniform Gifts to Minors Act	  	 
		  		  		  	      (State)

 Additional abbreviations by also be used though not in the above list. 

FOR VALUE RECEIVED, __________ hereby sell, assign and transfer unto 
  

 
 (PLEASE PRINT OR TYPEWRITE NAME AND
ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 
  
  

(PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE) 

__________ (__________) shares represented by this Certificate and do hereby irrevocably constitute and appoint __________ Attorney to transfer the said
shares on the books of the Corporation, with full power of substitution in the premises. 
  

			
	 Dated: __________, _____
 In presence
of:_______________
	  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change
whatever.

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