Document:

CUSTOMER
AGREEMENT

In consideration of Macquarie Futures USA
LLC ("MFUSA") accepting and carrying one or more accounts (collectively referred to as the “Account”) for
the undersigned (“Customer”) as its broker for the execution of orders and the carrying and clearance of positions
in commodities, commodity futures contracts, and options on the foregoing (each referred to individually as a "Contract"
and collectively as "Contracts") on or subject to the rules of various commodity futures exchanges, markets and their
associated clearing houses (each referred to as an “Exchange”), Customer is executing this Customer Agreement (this
“Agreement”) with MFUSA.

		1.	Trading Authorization

MFUSA is authorized to purchase and sell Contracts
for the Account at Customer’s risk and in accordance with Customer’s instructions. MFUSA is entitled to assume the
genuineness of any instructions given or purportedly given by or on behalf of Customer and Customer instructs MFUSA to act upon
any instructions reasonably believed by MFUSA to be genuine. MFUSA is also authorized, in its discretion, to utilize third-party
clearing members, floor brokers and other agents, including without limitation affiliates of MFUSA (each of MFUSA and such affiliates
referred to individually as an “MFUSA Entity” and all collectively as the “MFUSA Entities”), in connection
with the execution, clearance, carrying, delivery and settlement of any such transactions. Absent a separate written agreement
with Customer with respect to give-ups, MFUSA, in its sole discretion, may, but shall not be obligated to, accept from other brokers
Contracts executed by such brokers to be given up to MFUSA for clearance or carrying in any account.

		2.	Transactions Subject to Statutes and Rules

All transactions in the Account shall be subject
to (a) the terms of this Agreement and any applicable ancillary agreements, disclosures or schedules to this Agreement, (b) the
laws, regulations, rules and interpretations of any applicable governmental, regulatory or self-regulatory authority or Exchange,
and (c) to the extent not inconsistent with (a) or (b), the custom and usage of the trade, all as in force from time to time (collectively
referred to as “Applicable Law”). MFUSA shall not be liable to Customer as a result of, and Customer agrees to hold
MFUSA harmless for, any action taken by MFUSA, the MFUSA Entities or their agents, or failure to so act, in each case to comply
with Applicable Law. This Agreement may only be amended with the prior written consent of both parties, provided, however, that
MFUSA may amend this Agreement or any ancillary agreements, disclosures or schedules by notice in writing to Customer, where MFUSA
in its discretion determines that such amendment is necessary to comply with Applicable Law.

		3.	Customer Representations and Warranties

Customer represents, warrants and covenants
to MFUSA, as of the time of entering into this Agreement and as of the time of entering into each Contract, and with respect to
(i) and (j) below, Customer and the person acting on behalf of Customer, both in its individual and fiduciary capacity, represent,
warrant and covenant to MFUSA, on each date on which this Agreement or any Contract is or remains outstanding, that:

		(a)	it possesses the necessary authority to enter into and comply with the terms of this Agreement
and all Contracts and the person executing this Agreement on behalf of Customer is authorized to do so;

		(b)	no legal limitation in any way restricts or prevents Customer from entering into or complying with
this Agreement or any Contract;

		(c)	if applicable, all necessary action has been taken by Customer to enter into and comply with this
Agreement and all Contracts;

		(d)	when executed by Customer, this Agreement and all Contracts will be legal, valid and binding obligations
of Customer, enforceable against Customer in accordance with their respective terms;

		(e)	no other person or entity has an interest in the Account;

		(f)	since the date of Customer’s most recent audited or unaudited financial statements, there
has been no material adverse change in the business, financial condition, results, operations or prospects of Customer;

    	 	 	 

     

    
		(g)	all financial information, investment objectives or other information provided by Customer to MFUSA
is accurate in all material respects;

		(h)	it is an eligible contract participant within the meaning of Section 1a(18) of the Commodity Exchange
Act, as amended;

		(i)	Customer is not an employee benefit plan subject to Title I of the Employee Retirement Income Security
Act of 1974, as amended (“ERISA”), a plan subject to Section 4975 of the Internal Revenue Code of 1986, as amended
(the “Code”) or a person or entity that is otherwise subject to Title I of ERISA or Section 4975 of the Code, including
by reason of Section 3(42) of ERISA (collectively a “Plan”); and

		(j)	Customer does not constitute the assets of one or more “governmental plans” as defined
in Section 3(32) of ERISA.

		4.	Margins

Customer agrees at all times to deposit and
maintain such margins and premium payments with MFUSA as MFUSA may from time to time request, up to a maximum of 2x (two times)
the Exchange-minimum margin requirements. Customer shall make margin and premium deposits by wire transfer of immediately available
funds or in other form acceptable to MFUSA.

		5.	Security Interest

Customer grants MFUSA a general lien and a
continuing first priority security interest in all funds, negotiable instruments, commodities, commodity futures contracts, securities,
options or other property, including all proceeds and distributions from all of the foregoing, and any contract and other intangible
rights and entitlements in all of the foregoing (all of the foregoing referred to collectively as “Property”) in the
Account as security for the payment and performance of any and all obligations, liabilities or indebtedness of Customer to MFUSA
under this Agreement or under any other agreement or other instrument. MFUSA may borrow, pledge, repledge, hypothecate, rehypothecate,
loan or invest any of the Property in the Account without any obligation to pay or to account for any interest, income or benefit
that may be derived, except as may be required by Applicable Law or as may be separately agreed to in writing by MFUSA and Customer.
For the avoidance of doubt, any such separate agreement between MFUSA and Customer will be subject to the provisions of and governed
by the terms of this Agreement, including Section 24. Any conflict between the separate agreement and this Agreement will be resolved
in favor of this Agreement. All Property delivered to MFUSA shall be free and clear of any liens, security interests, claims, mortgages
or encumbrances of any nature other than the security interest created in MFUSA’s favor (each referred to individually as
an “Encumbrance” and all collectively as “Encumbrances”). Customer will not use or allow any Property that
is held by MFUSA, whether now owned or hereafter acquired, to be or become subject to an Encumbrance. Customer shall execute such
documents and take such other action as MFUSA shall reasonably request in order to perfect its rights with respect to any Property.
Customer appoints MFUSA as Customer’s attorney-in-fact to act on Customer’s behalf to sign, seal, execute and deliver
all documents and do all such acts as may be required to enable MFUSA to realize upon all rights in the Property. In the case of
a breach by Customer under this agreement or any other agreement with MFUSA, MFUSA shall have all rights and remedies available
to a secured creditor under any applicable law in addition to the rights and remedies provided herein.

		6.	Remedies

If at any time (a) the Account does not contain
the margin required by MFUSA, provided that a failure by Customer to deliver margin following a demand therefor by MFUSA shall
not give MFUSA discretion to exercise the remedies set forth in this paragraph 6 if (i) such failure is caused solely by an error
or omission of an administrative or operational nature, (ii) sufficient funds were available to Customer to enable it to make the
relevant transfer of margin or payment at such time as originally required by MFUSA, and (iii) such transfer of margin is made
by Customer within one (1) business day of such time as originally required by MFUSA, (b) Customer terminates, dissolves, becomes
bankrupt or is inaccessible, (c) a petition for insolvency, bankruptcy, assignment for the benefit of creditors or receivership
is filed by or against Customer, or (d) Customer defaults in its obligations to MFUSA under any agreement or instrument other than
as contemplated by paragraph (a) immediately above, MFUSA may in its sole discretion, after MFUSA has notified, or attempted in
good faith to notify, Customer of its intentions, terminate, liquidate and/or accelerate any and all Contracts, close out the Account
or any open positions of Customer in whole or in part, cancel any or all pending orders, terminate Customer’s right to trade
in the Account, or take any other action it deems necessary to protect itself, and Customer will be liable for any deficiency in
the Account that may result from such actions. Subject to applicable law, MFUSA is authorized to withhold, transfer, use and apply
any Property of Customer in its possession as a set off whenever MFUSA deems it necessary to pay amounts or discharge obligations
owing to it by reason of this Agreement or any other agreement or instrument. The above remedies are solely for MFUSA’s protection,
and any non-resort or partial resort to those remedies shall not relieve Customer of any of its obligations under this Agreement
or give rise to any claim against MFUSA by Customer.

    	 	 	 

     

    
		7.	Charges Payable by Customer

Customer agrees to pay MFUSA’s customary
and reasonable brokerage, commissions, interest charges and other charges as may be in effect from time to time, and agrees that
such charges may be changed by MFUSA from time to time without notice to Customer. If MFUSA advances funds on behalf of the Account,
or if the Account carries a debit balance, MFUSA may charge interest commencing on the first day of such advancement of funds or
debit balance. Interest shall be charged monthly or when the debit balance is paid in full. MFUSA may at any time demand that all
outstanding balances in the Account be paid in full. The annual rate of interest charged shall not exceed 2% over the U.S. prime
rate, as published by the Federal Reserve Bank from time to time.

		8.	Delivery and Exercise

Customer shall provide MFUSA with instructions
to close-out or make or take delivery of Contracts, or close-out, exercise or abandon futures options contracts pursuant to the
following timetable: (a) at least three business days prior to the first notice day in the case of “long” or “short”
positions in Contracts. Customer will deliver to MFUSA sufficient funds and/or any documents required in connection with any such
instruction. If, at any time, Customer is unable to deliver any Property previously sold by MFUSA on Customer’s behalf (under
a Contract or otherwise), Customer authorizes MFUSA in its sole discretion to borrow or purchase and deliver the necessary Property
at the then current market price for the Account at Customer’s risk.

		9.	Options Assignments

MFUSA uses a random options assignment procedure.
Additional information concerning this method of allocation will be provided to Customer upon request. MFUSA will notify Customer
of any material changes in its assignment methods.

		10.	Trading Limitations

MFUSA may in its reasonable discretion and
with a minimum of one (1) business day’s prior notice to Customer limit or reduce the number of transactions and positions
MFUSA executes, clears or carries for Customer, and, if MFUSA in its reasonable discretion considers it necessary for its protection,
MFUSA may also limit or terminate Customer’s right to trade in the Account, cancel pending orders, and require Customer to
terminate, liquidate or accelerate Contracts or close out open positions in the Account in whole or in part, provided, however,
that MFUSA shall afford Customer a commercially reasonable period of time, which shall be not less than five (5) business days,
to accomplish any such required termination, liquidation, acceleration or close-out of Contracts or positions in the Account. Customer
agrees not to violate, either alone or in concert with others, position and exercise limits established by MFUSA or pursuant to
Applicable Law.

		11.	Statements and Confirmations

All written and oral reports related to the
Account (including but not limited to monthly statements, confirmations of transactions and purchase and sale statements provided
to Customer) shall be conclusive and binding on Customer unless Customer notifies MFUSA of any objection as follows: (a) in the
case of any oral communication, at the time such report is given to Customer, and (b) in the case of any written communication,
within one business day of the trade date.

    	 	 	 

     

    
		12.	Recordings

Customer consents to the recording of conversations
between Customer and MFUSA (or any of their respective agents, representatives or employees), without any obligation on the part
of MFUSA to make such recordings. Customer agrees to the use of such recordings as evidence by either party in any disputes between
Customer and MFUSA.

		13.	Trading Recommendations

Customer acknowledges that any recommendations
made and market information or price quotes provided by MFUSA, while based upon information from sources that MFUSA believes to
be reliable, may be incomplete, inaccurate or unverified. MFUSA makes no representation, warranty or guarantee as to the accuracy
of such information. Customer acknowledges that recommendations made to Customer at any given time may be different from recommendations
made to other customers of any MFUSA Entity, and that such recommendations may not be consistent with the investments of the MFUSA
Entities or their officers, directors, employees, agents, representatives or independent contractors.

		14.	Limitation of Liability

MFUSA shall not be responsible for any delays
in transmission, delivery or execution of Customer’s orders or reporting of trades due to breakdown or failure of transmission
or communication facilities, or for any other cause or causes beyond MFUSA’s reasonable control or anticipation, nor shall
MFUSA be responsible for any loss, damage or liability arising out of the failure or delay by any Exchange to enforce its rules
or pay to MFUSA or its agents any amounts due in respect to Account.

		15.	Use of Automated Systems

Customer consents to the MFUSA Entities’
use of automated systems or service bureaus in conjunction with the Customer’s Account with the MFUSA Entities, including,
but not limited to, automated order entry and execution, record keeping, reporting, account reconciliation and risk management
systems (collectively, “Automated Systems”). Customer understands that the use of Automated Systems entails risks,
including, but not limited to, interruption or delays of service, system or communications failure, and errors in the design or
functioning of such Automated Systems (collectively, a “System Failure”), that could cause substantial damage, expense
or liability to Customer.

MFUSA AND THE OTHER MFUSA ENTITIES MAKE
NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE SELECTION, DESIGN, FUNCTIONALITY, OPERATION,
TITLE OR NON-INFRINGEMENT OF ANY AUTOMATED SYSTEM, AND MAKE NO EXPRESS OR IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE, TITLE AND/OR NON-INFRINGEMENT. WITHOUT LIMITING THE FOREGOING, MFUSA AND THE OTHER MFUSA ENTITIES EXPRESSLY
DISCLAIM ANY REPRESENTATION THAT ANY AUTOMATED SYSTEM WILL OPERATE UNINTERRUPTED OR WILL BE ERROR-FREE.

Customer understands and agrees that the MFUSA
Entities and their respective officers, directors, employees and agents will have no liability whatsoever for any claim of loss,
cost, expense, damage or liability of Customer or any third person arising out of or relating to any System Failure, regardless
of whether such claim is based on contract, tort, strict liability or any other theory. The MFUSA Entities and their respective
officers, directors, employees and agents will not have any liability for the actual or alleged insufficient exercise of care in
selecting any sub-agents or in selecting, monitoring or operating any Automated System, for any failure or delay in informing Customer
of any System Failure or in taking action to prevent or correct any such System Failure. In no event will the MFUSA Entities and
their officers, directors, employees or agents have any liability for any incidental, special or consequential damages, including,
but not limited to, loss of profits or loss of use, even if the MFUSA Entities were aware of the likelihood of such damages. The
MFUSA Entities have no responsibility to inform Customer of (i) any decision to use, not use or cease using any Automated System,
(ii) the characteristics, functions, design or purpose of any Automated System, or (iii) any specific risks inherent in any Automated
System.

		16.	Indemnification

Customer agrees to indemnify, defend and hold
harmless the MFUSA Entities and their agents, directors, officers, stockholders, employees, agents and successors and assigns,
from and against any and all losses, claims, actions, demands, suits, proceedings, damages, costs, fines, premiums or expenses
(including but not limited to reasonable attorney’s fees and costs) arising out of, or directly or indirectly resulting from
(a) any failure of Customer to perform its obligations under this Agreement, including, without limitation, any failure to meet
any margin call or pay any amount due to MFUSA; (b) MFUSA’s accepting or making delivery of Property on behalf of Customer;
(c) any inability of Customer to deliver any Property previously sold by MFUSA on Customer’s behalf, and in such event, any
inability of MFUSA to borrow or purchase the delivery Property; and (d) any failure by Customer to comply with Applicable Law.

    	 	 	 

     

    
		17.	Assignment

MFUSA shall have the right, in its sole discretion
and upon notice to Customer, to assign this Agreement (and the Account) to any successor entity or to another futures commission
merchant.

		18.	Legal Actions

All proceedings regarding disputes under this
Agreement shall be brought only in New York, New York. This paragraph shall apply even if Customer has related disputes with other
parties that cannot be resolved in New York. Each party irrevocably waives any right it may have to trial by jury in any action,
proceeding or counterclaim arising out of or relating to this Agreement.

		19.	Governing Law

This Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to principles of choice of law.

		20.	Adequate Assurances

If at any time MFUSA has reasonable grounds
for insecurity with respect to Customer’s performance of any obligations, liabilities or indebtedness of Customer under this
Agreement, MFUSA may demand, and Customer shall give, adequate assurances of due performance within 24 hours.

		21.	Conditions Precedent

Customer agrees that the fulfillment of any
obligation or liability of MFUSA under this Agreement is contingent upon there being no breach, repudiation, misrepresentation
or default by Customer under this Agreement or under any Contract. MFUSA shall have the right at any time to set off any and all
of its obligations and liabilities under this Agreement against any and all obligations, liabilities or indebtedness of Customer
under this Agreement or under any Contract.

		22.	Severability

If any provision of this Agreement is or becomes
inconsistent with, or unenforceable under, any Applicable Law, such provision will be deemed modified or, if necessary, rescinded
in order to comply with the relevant Applicable Law. All other provisions of this Agreement will remain in full force and effect.
If this Agreement is or becomes unenforceable with respect to any Contract, this Agreement shall remain in full force and effect
and shall be enforceable in accordance with its terms as to all other Contracts.

		23.	Currency Conversions

MFUSA shall have the right to convert currencies
in connection with the exercise of its rights under this Agreement in such a manner as it may reasonably determine.

    	 	 	 

     

    
		24.	TaXAtion

If MFUSA is required by law to withhold or
deduct any taxes (including any penalties or interest payable in connection with any failure to pay or any delay in paying any
taxes, and including any taxes under FATCA) on any payment to the Customer, MFUSA may deduct such taxes and MFUSA shall not be
required to increase any payment in respect of which it makes such withholding. The Customer shall be treated for all purposes
of this Agreement as if it had received the full amount of the payment, without any deduction or withholding. For purposes of this
Agreement, “FATCA” shall mean (i) sections 1471 to 1474 of the US Internal Revenue Code of 1986 (the "Code")
or any associated regulations or other official guidance; (ii) any treaty, law, regulation or other official guidance enacted in
any other jurisdiction, or relating to an intergovernmental agreement between the US and any other jurisdiction, which (in either
case) facilitates the implementation of the legislation or guidance referred to in (i) above; and (iii) any agreement pursuant
to the implementation of the legislation or guidance referred to in (i) or (ii) above with the US Internal Revenue Service, the
US government or any governmental or taxation authority in any other jurisdiction. Further, the parties agree that any taxes withheld
by MFUSA pursuant to FATCA are taxes the deduction or withholding of which is required by law. Customer shall provide MFUSA such
additional documentation reasonably requested by MFUSA to determine the amount to deduct and withhold from such payment.

All payments by the Customer pursuant to this
Agreement shall, except as required by law, be paid without withholding or deduction for or on account of any taxes, duties, assessments
or government charges imposed by any country or any political subdivision or taxing authority therein. If any such taxes are required
to be withheld and deducted from any such payment, the Customer shall pay such additional amounts as may be necessary to ensure
that the net amount actually received by MFUSA after such withholding or deduction is equal to the amount that MFUSA would have
received had no such withholding or deduction been required. The Customer shall indemnify MFUSA within thirty (30) days after written
demand therefor, for the full amount of any taxes paid by or on behalf of MFUSA on or with respect to any payment by the Customer
under this Agreement and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or
not such taxes were correctly or legally imposed or asserted by the relevant governmental authority.

		25.	Termination

This Agreement may be terminated at any time
by Customer or MFUSA by written notice to the other; provided, however, that such termination shall not relieve either party of
any obligation in connection with any debit or credit balance in the Account or other liability or obligation arising or accruing
prior to such termination; and, provided, further, in the event that MFUSA provides notice of termination of the Agreement to Customer,
Customer will be afforded thirty (30) calendar days to either liquidate its positions or transfer such positions to an alternate
futures commission merchant. Transfer of Customer’s positions to an alternate futures commission merchant shall be contingent
on Customer’s having satisfied any outstanding obligations it may have to MFUSA pursuant to this Agreement.Exhibit 4.8

  

  

  Note: September 29, 2020

  

  

  NEITHER THESE SECURITIES NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED WITH THE UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
    UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.

  

  

  THIS NOTE DOES NOT REQUIRE PHYSICAL SURRENDER OF THE NOTE IN THE EVENT OF A PARTIAL REDEMPTION OR CONVERSION. AS A RESULT, FOLLOWING ANY
    REDEMPTION OR CONVERSION OF ANY PORTION OF THIS NOTE, THE OUTSTANDING PRINCIPAL SUM REPRESENTED BY THIS NOTE MAY BE LESS THAN THE PRINCIPAL SUM AND ACCRUED INTEREST SET FORTH BELOW.

  

  

  UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE JANUARY 28, 2021 (OR MARCH 30, 2021 UNDER U.S.
    LAW, AS APPLICABLE).

  

  

  5% FIXED CONVERTIBLE PROMISSORY NOTE

  

  

  OF

  

  

  PARCELPAL TECHNOLOGY, INC.

  

  

  Issuance Date: September 29, 2020 Total Face Value of Note: $525,000 Aggregate Consideration: $500,000 (payable in tranches as set forth below)

  Original Issue Discount: 5%

  

  

  THIS NOTE is a duly authorized Fixed Convertible Promissory Note of ParcelPal Technology, Inc. a corporation duly incorporated under the laws of the Province
    of British Columbia (the “Company”), designated as the Company’s 5% Fixed Convertible Promissory Note in the principal amount of $525,000 (the “Note”). This Note will
    become effective only upon execution by both parties and delivery of the payment of the Initial Consideration by the Holder (the “Effective Date”). All references to “dollars” or “$” or “US$” in this Note are
    United States-dollar denominated references.

  
    1

    
      

  

  FOR VALUE RECEIVED, the Company hereby promises to pay to the order of Tangiers Global, LLC or its registered
    assigns or successors-in-interest (the “Holder”) the principal sum of $525,000 (the “Total
      Face Value of Note”) or such lesser amount of aggregate Consideration, defined below, plus the applicable OID thereon (as provided herein) drawn by the
    Company hereunder and to pay “guaranteed” interest at a rate of 5% of the Principal Sum (as defined below), to the extent such Principal Sum and “guaranteed” interest and any other interest, fees, liquidated damages and/or items due to Holder herein
    have not been repaid or converted into the Company’s common shares (the “Common Shares”), in accordance with the terms hereof. The sum of $150,000 (the “Initial Consideration”) shall be remitted and delivered to the Company, and $7,500 (the “Initial
      Original Issue Discount”) shall be retained by the Holder through an original issue discount (the “OID”) for due diligence and legal bills related to this
    transaction.

  The OID is set at 5% of any Consideration, defined below, paid. The Company covenants that within six (6) months of the Effective Date of the Note, it shall utilize
    approximately $500,000 of the proceeds in the manner set forth on Schedule 1, attached hereto (the “Use of Proceeds”), and shall promptly provide evidence thereof to Holder, in sufficient detail as reasonably
    requested by Holder.

  

  

  The Holder agrees to pay additional consideration (each, a “Consideration”), plus the prorated 5% OID (each
    Consideration and its respective 5% OID shall together be referred to as a “Tranche”), to the Company in the two additional tranches within thirty (30) and sixty (60)
    days, respectively, following the payment of the Initial Consideration, each such Additional Tranche in the amount of $175,000 (each such payment by the Holder following the Initial Consideration, and its respective 5% OID, shall together be referred
    to as an “Additional Tranche”). Such Additional Tranches are subject to the Company having provided satisfactory supplemental due diligence to the Holder, if and as
    requested, prior to the payment of each Additional Tranche, and if mutually agreed, in such other amounts and on such other dates as may be agreed upon (each, an “Additional
      Tranche Date”). The Principal Sum due to Holder shall be prorated based on the Consideration actually paid by Holder, plus the 5% OID, such that the Company is only required to repay the amount funded and the Company is not required to repay
    any unfunded portion of this Note. The Maturity Date is six (6) months from the Effective Date of each of the Initial Consideration date and each of such Additional Tranche Date (each a respective “Maturity Date”) and is the date upon which the Principal Amount of this Note, as well as any unpaid interest and other fees, shall be due and payable.

  

  

  In addition to the “guaranteed” interest referenced above, in the Event of Default pursuant to Section 3.00(a), additional interest will accrue from the date
    of the Event of Default at the rate equal to the lower of 20% per annum or the highest rate permitted by law (the “Default Rate”).

  

  

  This Note will become effective only upon the execution by both parties, including the execution of Exhibits B, C, D, E, Schedule 1 (collectively, the “Exhibits”), and the Treasury Order by the Company to its Transfer Agent (the “Date of Execution”) and delivery of the payment of Consideration by the Holder (the “Effective Date”). The Company acknowledges and agrees the Exhibits are material provisions of this Note.

  

  

  As an investment incentive, the Company shall issue to the Holder 150,000 Common Shares (the “Initial Origination
      Shares”). The Company acknowledges, understands, and agrees it shall issue an additional 175,000 Common Shares for each Consideration paid to the Company by Holder under the Note (each, an “Additional Origination Share Tranche”, and, together with the Initial Origination Shares, the “Origination Shares”).

  
    2

    
      

  

  Both the Initial Origination Shares and each Additional Origination Share Tranche shall be issued and delivered to Holder within 3 Trading Days from the Effective Date of each
    of the Initial Consideration date and each of the Additional Tranche Date (which delivery shall be satisfied by electronic recordation of the issuance of such shares by the Company’s transfer agent). The Company and Holder acknowledge and agree that if
    the entirety of the Note is funded, the Company shall have issued to the Holder 500,000 Common Shares, which is the maximum number of Origination Shares the Company shall be required to issue and deliver to Holder.

  

  

  For purposes hereof the following terms shall have the meanings ascribed to them below:

  

  

  “Business Day” shall mean any
      day other than a Saturday, Sunday or a day on which commercial banks in the City of New York are authorized or required by law or executive order to remain closed.

  

  

  “Fixed Conversion Price” shall
      be fixed at a price per share equal to $. USD.

   

    

  “Principal Sum” shall refer to the sum of each Tranche funded under the Note. “Principal Amount” shall refer to the sum of (i) the original principal amount of this Note (including the original issue discount), (ii) all guaranteed
    and other accrued but unpaid interest hereunder, (iii) any fees due hereunder, liquidated damages, and (v) any default payments owing under the Note, in each case previously paid or added to the Principal Amount.

  

  

  “Principal Market” shall refer to the primary exchange on which the Company’s common shares are
    traded or quoted.

  

  

  “Trading Day” shall mean a day
      on which there is trading or quoting for any security on the Principal Market.

  

  

  “Underlying Shares” means the
      Common Shares into which the Note is convertible (including interest, fees, liquidated damages and/or principal payments in Common Shares as set forth herein) in accordance with the terms hereof.

  

  

  The following terms and conditions shall apply to this Note:

  

  

  
    	
            Section 1.00

          	
            Repayment.

          

  

  

  

  (a)          

  The Company may pay this Note, in whole or in part, in cash or in other good funds, according to the following schedule:

  

  

  	
          Days Since Effective Date

        	
          Payment Amount

        
	
          Under 30

        	
          110% of Principal Amount so paid

        
	
          31-60

        	
          115% of Principal Amount so paid

        
	
          61-90

        	
          120% of Principal Amount so paid

        

  	
          91-180

        	
          133% of Principal Amount so paid

        

  
    3

    
      

  

  (b)          

  After 180 days from the Effective Date, the Company may not pay this Note, in whole or in part, in cash or in other good funds, without
      prior written consent from Holder, which consent may be withheld, delayed, denied, or conditioned in Holder’s sole and absolute discretion. Whenever any amount expressed to be due by the terms of this Note is due on any day that is not a Business
      Day, the same shall instead be due on the next succeeding day that is a Business Day. Upon the occurrence of an Event of Default, the Company may not pay the Note, in whole or in part, in cash or in other good funds without written consent of the
      Holder, which consent may be withheld, delayed, denied, or conditioned in Holder’s sole and absolute discretion. Further, the Company shall provide the Holder with two weeks’ prior written notice of the Company’s determination to pay any or all of
      its obligations hereunder. During such two-week period, the Holder may exercise any or all of its conversion rights hereunder. In the event that the Holder does not exercise its conversion rights in respect of any or all of such noticed, prospective
      payment, the Company shall tender the full amount set forth in such notice (less any amount in respect of which the Holder has exercised its conversion rights) to the Holder within 2 Business Days following the Holder’s exercise (or notification to
      the Company of non-exercise) of the Holder’s conversion rights in respect of the amount set forth in such notice. Any such payment by the Company in connection with this provision shall be deemed to have been made on the date that the Holder first
      receives the above-referenced notice.

  

  

  
    	
            Section 2.00

          	
            Conversion.

          

  

  

  

  (a)          

  Conversion Right. Subject to the terms hereof and restrictions and limitations contained herein, the Holder shall have the right, at
      the Holder’s sole option, at any time and from time to time to convert in whole or in part the outstanding and unpaid Principal Amount under this Note into Common Shares as per the Fixed Conversion Price (or the Conversion Price in the event that the
      Note is not repaid, retired or fully-converted prior to the Maturity Date, as set forth in Section 3.00(c)), but not to exceed the Restricted Ownership Percentage, as defined in Section 2.00(f). The date of any conversion notice (“Conversion Notice”) hereunder shall be referred to herein as the “Conversion Date”.

  

  

   (b)          

  Stock Certificates; Electronic Delivery. The Company will deliver to the Holder, or Holder’s authorized designee, no later than 3
      Trading Days after the Conversion Date, a certificate or certificates (which certificate(s) shall be free of restrictive legends and trading restrictions if the Common Shares underlying the portion of the Note being converted are eligible under a
      resale exemption pursuant to Rule 144(b)(1)(ii), Rule 144(d)(1)(ii), Rule 904 of Regulation S or such other available registration exemption of the Securities Act of 1933, as amended) representing the number of Common Shares being acquired upon the
      conversion of this Note. In lieu of delivering physical certificates representing the Common Shares issuable upon conversion of this Note, providing that the conversion shares are eligible to be issued free of restrictive legend, and provided the
      Company’s transfer agent is participating in Depository Trust Company’s (“DTC”) Fast Automated Securities Transfer (“FAST”) program, the Company shall instead use
      commercially reasonable efforts to cause its transfer agent to electronically transmit such shares issuable upon conversion to the Holder (or its designee), by crediting the account of the Holder’s (or such designee’s) broker with DTC through either
      its Direct Registration System (“DRS”) or Deposits and Withdrawal at Custodian (“DWAC”)
    program (provided that the same time periods herein as for stock certificates shall apply).

  
    4

    
      

  

  (c)          

  Charges and Expenses. Issuance of Common Shares to the Holder, or any of its assignees, upon the conversion of this Note shall be
      made without charge to the Holder for any issuance fee, transfer tax, legal opinion and related charges, postage/mailing charge or any other expense with respect to the issuance of such Common Shares. Company shall pay all transfer agent fees
      incurred from the issuance of the Common Shares to Holder, as well as and all other fees and charges required by the transfer agent as a condition to effectuate such issuance. Any such fees or charges, as noted in this Section that are paid by the
      Holder (whether from the Company’s delays, outright refusal to pay, or otherwise), will be automatically added to the Principal Sum of the Note then outstanding and tack back to the Effective Date for purposes of Rule 144 or Regulation S, as
      applicable.

  

  

  (d)          

  Delivery Timeline. If the Company fails to deliver to the Holder such certificate or certificates (or shares through the DRS or DWAC
      program) pursuant to this Section (free of any restrictions on transfer or legends, if eligible) prior to 3 Trading Days after the Conversion Date, the Company shall pay to the Holder as liquidated damages an amount equal to $2,000 per day,
    until such certificate or certificates are delivered. The Company acknowledges that it would be extremely difficult or impracticable to determine the Holder’s actual damages and costs resulting from a failure to deliver the Common Shares and the
    inclusion herein of any such additional amounts are the agreed upon liquidated damages representing a reasonable estimate of those damages and costs. Such liquidated damages will be automatically added to the Principal Sum of the Note and tack back to
    the Effective Date for purposes of Rule 144 or such available exemption from registration.

  

  

  (e)          

  Reservation of Underlying Securities. The Company covenants that it will at all times reserve and keep available for Holder, out of
      its authorized and unissued Common Shares solely for the purpose of issuance upon conversion of this Note, free from preemptive rights or any other actual contingent purchase rights of persons other than the Holder, two and one-half (2.5x) times the
      number of Common Shares as shall be issuable (taking into account the adjustments under this Section 2.00, but without regard to any ownership limitations contained herein) upon the conversion of this Note (consisting of the Principal Amount), under
      the formula in Section 3.00(c) below, to Common Shares (the “Required Reserve”). The Company covenants that all Common Shares that shall be issuable will, upon issue, be duly authorized, validly issued,
      fully-paid, non-assessable and freely-tradable (if eligible). If the amount of shares on reserve in Holder’s name at the Company’s transfer agent for this Note shall drop below the Required Reserve, the Company will, within 2 Trading Days of
      notification from Holder, instruct the transfer agent to increase the number of shares so that the Required Reserve is met. In the event that the Company does not instruct the transfer agent to increase the number of shares so that the Required
      Reserve is met, the Holder will be allowed, if applicable, to provide this instruction as per the terms of the Treasury Order attached to this Note. Upon an Event of Default that is not cured within the applicable cure period, the Required Reserve
      shall immediately increase to 3.5x times the number of Common Shares as shall be issuable upon conversion of the then outstanding Principal Amount of the Note, under the formula set forth in Section 3.00(c), to Common Shares (the “Adjusted Required Reserve”). The Company agrees that the maintenance of the Required Reserve and Adjusted Required Reserve is a material term of this Note and any breach of this Section 2.00(e) will result in a
      default of the Note.

  
    5

    
      

  

  (f)          

  Conversion Limitation. The Holder will not submit a conversion to the Company that would result in the Holder beneficially owning
      more than 9.99% of the then total outstanding shares of the Company (“Restricted Ownership Percentage”).

  

  

  (g)          

  Conversion Delays. If the Company fails to deliver shares in accordance with the timeframe stated in Section 2.00(c), the Holder, at
      any time prior to selling all of those shares, may rescind any portion, in whole or in part, of that particular conversion attributable to the unsold shares. The rescinded conversion amount will be returned to the Principal Sum then outstanding with
      the rescinded conversion shares returned to the Company, under the expectation that any returned conversion amounts will tack back to the Effective Date.

  

  

  (h)          

  Shorting and Hedging. Holder may not engage in any “shorting” or “hedging” transaction(s) in the Common Shares of the Company prior
      to conversion or at any time while any portion of the Principal Sum remains outstanding.

  

  

  (i)          

  Conversion Right Unconditional. If the Holder shall provide a Conversion Notice as provided herein, the Company’s obligations to
      deliver Common Shares shall be absolute and unconditional, irrespective of any claim of setoff, counterclaim, recoupment, or alleged breach by the Holder of any obligation to the Company, subject to any court order by a court of competent
      jurisdiction.

  

  

  
    	
            Section 3.00

          	
            Defaults and Remedies.

          

  

  

  

  (a)         

  Events of Default. An “Event of Default” is: (i) a default in payment of any amount due
      hereunder; (ii) a default in the timely issuance of underlying shares upon and in accordance with terms of Section 2.00, which default continues for 2 Trading Days after the Company has failed to issue shares or deliver stock certificates within the
      3rd Trading Day following the Conversion Date; (iii) if the Company does not issue the press release or file such necessary 8-K, material change report or other applicable report with either EDGAR or SEDAR, as applicable, in each case in accordance
      with the provisions and the deadlines referenced Section 5.00(i); (iv) failure by the Company for 3 Trading Days after notice has been received by the Company to comply with any material provision of this Note; (v) any representation or warranty of
      the Company in this Note that is found to have been incorrect in any material respect when made, including, without limitation, the Exhibits; (vi) failure of the Company to remain compliant with DTC, thus incurring a “chilled” status with DTC; (vii)
      any default of any mortgage, indenture or material instrument which may be issued, or by which there may be secured or evidenced any material indebtedness, for money borrowed by the Company or for money borrowed the repayment of which is guaranteed
      by the Company, whether such indebtedness or guarantee now exists or shall be created hereafter; (viii) if the Company is subject to any Bankruptcy Event; (ix) any material failure of the Company to satisfy (from and after the Effective Date) its
      continuous disclosure obligations pursuant to the requirements of the Securities Act (British Columbia) or, when applicable, the Securities Exchange Act of 1934, as amended (the “1934 Act”) and the rules and
      guidelines issued by OTC Markets News Service, OTCMarkets.com and their affiliates, in each case if and as applicable; (x) failure of the Company to remain in good standing under the laws of its state of domicile; (xi) any failure of the Company to
      provide the Holder with information related to its corporate structure including, but not limited to, the number of authorized and outstanding shares, public float, etc. within 1 Trading Day of request by Holder; (xii) failure by the Company to
      maintain the Required Reserve or Adjusted Required Reserve in accordance with the terms of Section 2.00(e); (xiii) failure of Company’s Common Shares to maintain a closing bid price in its Principal Market for more than 5 consecutive Trading
    Days; (xiv) any delisting from a Principal Market for any reason; (xv) failure by Company to pay any of its transfer agent fees in excess of $2,000 or to maintain a transfer agent of record; (xvi) failure by Company to notify Holder of a change in
    transfer agent within 24 hours of such change; (xvii) any trading suspension imposed by the B.C. Securities Commission (the “BCSC”), or when applicable to the Company,
    the United States Securities and Exchange Commission (the “SEC”) under Sections 12(j) or 12(k) of the 1934 Act; (xviii) failure by the Company to meet the requirements
    necessary to satisfy the availability of either Rule 904 of Regulation S, Rule 144A or Rule 144, as applicable, to the Holder or its assigns, including but not limited to the timely fulfillment of its filing requirements as a fully- reporting issuer
    registered with the BCSC or the SEC (when applicable), requirements for XBRL filings (if applicable), and requirements for disclosure of financial statements on its website (if applicable); (xix) failure of the Company to abide by the Use of Proceeds
    or failure of the Company to inform the Holder of a change in the Use of Proceeds; or (xx) failure of the Company to abide by the terms of the right of first refusal contained in Section 5.00(j).

  
    6

    
      

  

  (b)          

  Remedies. If an Event of Default occurs, and remains uncured within the applicable cure period, then the outstanding Principal Amount
      of this Note then outstanding and owing in respect thereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the “Mandatory Default Amount”. The
      Mandatory Default Amount means 43% of the outstanding Principal Amount of this Note will be automatically added to the Principal Sum of the Note and tack back to the Effective Date for purposes of Rule 904 of Regulation S, Rule 144 or Rule 144A, as
      applicable. Commencing 5 days after the occurrence of any Event of Default that results in the eventual acceleration of this Note, this Note shall accrue additional interest, in addition to the Note’s “guaranteed” interest, at a rate equal to the
      lesser of 20% per annum or the maximum rate permitted under applicable law. In connection with such acceleration described herein, the Holder need not provide, and the Issuer hereby waives, any presentment, demand, protest or other notice of any
      kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by
      the Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the note until such time, if any, as the Holder receives full payment pursuant to this Section 3.00(b). No such rescission or annulment shall affect
      any subsequent event of default or impair any right consequent thereon. Nothing herein shall limit the Holder’s right to pursue any other remedies available to it at law or in equity including, without limitation, a decree of specific performance
      and/or injunctive relief with respect to the Issuer’s failure to timely deliver certificates representing shares of Common Shares upon conversion of the Note as required pursuant to the terms hereof.

  

  

  (c)          

  Variable Conversion Price. If the Note is not retired on or before the Maturity Date, then at any time and from time to time after
      the Maturity Date, and subject to the terms hereof and restrictions and limitations contained herein, the Holder shall have the right, at the Holder’s sole option, to convert in whole or in part the outstanding and unpaid Principal Amount under this
      Note into Common Shares at the Variable Conversion Price. The “Variable Conversion Price” (together with the Fixed Conversion
      Price, the “Conversion Price”) shall be equal to the lower of: (a) the Fixed Conversion Price or (b) 75% of the average of the two lowest volume weighted average price of the Company’s Common Shares during the
      15 consecutive Trading Days prior to the date on which Holder elects to convert all or part of the Note. For the purpose of calculating the Variable Conversion Price only, any time after 4:00 pm Eastern Time (the closing time of the Principal
    Market) shall be considered to be the beginning of the next Business Day. If the Company is placed on “chilled” status with the DTC, the discount under this Section 3.00(c) shall be increased by 10%, i.e., from 25% to 35%, until such chill is remedied. If the Company is not DRS or DWAC eligible through their
    transfer agent and DTC’s FAST system, the discount under this Section 3.00(c) will be increased by 5%, i.e., from 25% to 30%. In the case of both, the discount under this Section 3.00(c) shall be a cumulative increase of 15%, i.e., from 25% to 40%; provided, however, that any such adjustment to the Fixed Conversion Price contemplated in this Section 3.00(c) is subject to compliance with
    applicable Canadian securities laws and the policies and rules of the Canadian Securities Exchange or such other stock exchange on which the securities of the Company are principally traded.

  
    7

    
      

  

  
    	
            Section 4.00

          	
            Representations and Warranties of Holder.

          

  

  

  

  Holder hereby represents and warrants to the Company that:

  

  

  (a)          

  Holder is an “accredited investor,” as such term is defined in Regulation D of the Securities Act of 1933, as amended (the “1933 Act”) and as such term is defined in National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), and will acquire this Note and the Underlying Shares
      (collectively, the “Securities”) for its own account and not with a view to a sale or distribution thereof as that term is used in Section 2(a)(11) of the 1933 Act, in a manner which would require registration
      under the 1933 Act or any state securities laws. Holder has such knowledge and experience in financial and business matters that such Holder is capable of evaluating the merits and risks of the Securities. Holder can bear the economic risk of the
      Securities, has knowledge and experience in financial business matters and is capable of bearing and managing the risk of investment in the Securities. Holder recognizes that the Securities have not been registered under the 1933 Act, nor under the
      securities laws of any state and, therefore, cannot be resold unless the resale of the Securities is registered under the 1933 Act or unless an exemption from registration is available. Holder has carefully considered and has, to the extent Holder
      believes such discussion necessary, discussed with its professional, legal, tax and financial advisors, the suitability of an investment in the Securities for its particular tax and financial situation and its advisers, if such advisors were deemed
      necessary, and has determined that the Securities are a suitable investment for it. Holder has not been offered the Securities by any form of general solicitation or advertising, including, but not limited to, advertisements, articles, notices or
      other communications published in any newspaper, magazine, or other similar media or television or radio broadcast or any seminar or meeting where, to Holders’ knowledge, those individuals that have attended have been invited by any such or similar
      means of general solicitation or advertising. Holder has had an opportunity to ask questions of and receive satisfactory answers from the Company, or any person or persons acting on behalf of the Company, concerning the terms and conditions of the
      Securities and the Company, and all such questions have been answered to the full satisfaction of Holder. The Company has not supplied Holder any information regarding the Securities or an investment in the Securities other than as contained in this
      Agreement, and Holder is relying on its own investigation and evaluation of the Company and the Securities, including any public information which has been filed by the Company with any Canadian provincial securities commissions (the “Public Record”), and not on any other information and is aware that an investment in the Company is speculative and involves certain risks (including those risks disclosed in the Public Record). Holder agrees and
      acknowledges that in order for the Note or the underlying conversion shares to be resold, transferred, offered or pledged, there must be an available exemption from registration and, therefore, Holder covenants that it shall provide any
    certificates, documents and opinions as needed to avail itself of such applicable registration exemption and legend removal.

  

  

  (b)          

  The Holder is a limited liability company duly organized, validly existing and in good standing under the laws of the state of its
      incorporation and has all requisite corporate power and authority to carry on its business as now conducted. The Holder is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have
      a material adverse effect on its business or properties.

  

  

  (c)          

  All limited liability company action has been taken on the part of the Holder, its officers, directors, managers and members necessary for
      the authorization, execution and delivery of this Note. The Holder has taken all limited liability company action required to make all of the obligations of the Holder reflected in the provisions of this Note, valid and enforceable obligations.

  
    8

    
      

  

  (d)          

  The Note has an acquisition cost to the Holder of not less than $150,000, payable in cash at the closing (with an additional $175,000 USD to
      be funded on each of thirty (30) and sixty (60) days post the Effective Date). The Holder is: (i) purchasing the
      Securities as principal for its own account and not for the benefit of any other person; and (ii) was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 (Minimum
      Amount Investment) of NI 45-106; and (iii) it pre-existed the offering of the Note and has a bona fide purpose other than investment in the Securities.

  

  

  (e)          

  Each certificate or instrument representing Securities will be endorsed with the following legend (or a substantially similar legend),
      unless or until registered under the 1933 Act or exempt from registration:

  

  

  THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”), OR ANY STATE SECURITIES LAWS, AND MAY
    BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A) TO PARCELPAL TECHNOLOGY INC. (THE “CORPORATION”) (B) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH REGULATION S UNDER THE U.S. SECURITIES ACT AND IN COMPLIANCE WITH LOCAL LAWS AND REGULATIONS,
    (C) IN ACCORDANCE WITH (1) RULE 144A UNDER THE U.S. SECURITIES ACT, OR (2) RULE 144 UNDER THE U.S. SECURITIES ACT AND, IN EACH
      CASE, IN COMPLIANCE WITH APPLICABLE STATE SECURITIES LAWS, OR (D) IN ANOTHER TRANSACTION THAT DOES NOT REQUIRE REGISTRATION UNDER THE U.S. SECURITIES ACT OR ANY APPLICABLE STATE SECURITIES LAWS, PROVIDED THAT IN THE CASE OF TRANSFERS PURSUANT TO
      (C)(2) OR (D) ABOVE, A LEGAL OPINION SATISFACTORY TO THE CORPORATION MUST FIRST BE PROVIDED TO COMPUTERSHARE TRUST COMPANY OF CANADA TO THE EFFECT THAT SUCH TRANSFER IS EXEMPT FROM REGISTRATION UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE
      SECURITIES LAWS. DELIVERY OF THIS CERTIFICATE MAY NOT CONSTITUTE “GOOD DELIVERY” IN SETTLEMENT OF TRANSACTIONS ON STOCK
      EXCHANGES IN CANADA.

  

  

  (Canadian Restrictive Legend (if issued on or before JANUARY 28, 2021)

  

  

  UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE JANUARY 28, 2021.

  

  

  

  

  
    	
            Section 5.00

          	
            General.

          

  

   

    

  (a)          

  Payment of Expenses. The Company agrees to pay all reasonable charges and expenses, including attorneys’ fees and expenses, which may
      be incurred by the Holder in successfully enforcing this Note and/or collecting any amount due under this Note.

  

  

  (b)          

  Assignment, Etc. The Holder may assign or transfer this Note to any transferee at its sole discretion, provided, however, that the
      terms and conditions of this Note shall not be changed, modified or amended without the Company’s prior written consent. This Note shall be binding upon the Company and its successors and shall inure to the benefit of the Holder and its successors
      and permitted assigns, as well as to the Company.

  

  

  (c)          

  Amendments. This Note may not be modified or amended, or any of the provisions of this Note waived, except by written agreement of
      the Company and the Holder.

  
    9

    
      

  

  (d)          

  Funding Window. The Company agrees that it will not enter into a convertible debt financing transaction, including 3(a)9 and 3(a)10
      transactions, with any party other than the Holder for a period of 90 Trading Days following the Effective Date, and each Additional Tranche Date, as applicable. The Company agrees that this is a material term of this Note and any breach of this
      Section 5.00(d) will result in a default of the Note.

  

  

  (e)          

  Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any
      convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not
      similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder’s option, shall become a part of this Note and its supporting documentation, subject to
      compliance with applicable securities laws and the rules and policies of the Canadian Securities Exchange or such other stock exchange on which the securities of the Company are principally listed. The types of terms contained in the other
      convertible debt security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, terms addressing maturity, conversion look back periods, interest rates, original issue
      discount percentages and warrant coverage.

  

  

  (f)          

  Governing Law; Jurisdiction.

  

  

  (i)          

  Governing Law. This Note will be governed by, and construed and interpreted in accordance
      with, the laws of the state of California without regard to any conflicts of laws or provisions thereof that would otherwise require the application of the law of any other jurisdiction.

  

  

  (ii)          

  Jurisdiction and Venue. Any dispute, claim, suit, action or other legal proceeding arising
      out of or relating to this Note or the rights and obligations of each of the parties shall be brought only in the state courts of California or in the federal courts of the United States of America located in San Diego County, California.

  

  

  (iii)          

  No Jury Trial. The Company hereto knowingly and voluntarily waives any and all rights it may
      have to a trial by jury with respect to any litigation based on, or arising out of, under, or in connection with, this Note.

  

  

  (iv)          

  Delivery of Process by the Holder to the Company. In the event of an action or
    proceeding by either party hereto against the other party hereto, service of copies of summons and/or complaint and/or any other process that may be served in any such action or proceeding may be made by such party via U.S. Mail, overnight delivery
    service such as FedEx or UPS, email, fax, or process server, or by mailing or otherwise delivering a copy of such process to the Holder at its principal business address or to the Company at its last known attorney as set forth in its most recent SEDAR
    or SEC filing, as the case may be.

  

  

  (v)          

  Notices. Any notice required or permitted hereunder (including Conversion Notices) must be in
      writing and either personally served, sent by facsimile or email transmission, or sent by overnight courier. Notices will be deemed effectively delivered at the time of transmission if by facsimile or email, and if by overnight courier the business
      day after such notice is deposited with the courier service for delivery.

  

  

  (g)          

  No Bad Actor. No current officer or director of the Company would be disqualified under Rule 506(d) of the Securities Act of 1933, as
      amended, on the basis of being a “bad actor” as that term is established in the September 13, 2013 Small Entity Compliance Guide published by the SEC.

  
    10

    
      

  

  (h)          

  Usury. If it shall be found that any interest or other amount deemed interest due hereunder violates any applicable law governing
      usury, the applicable rate of interest due hereunder shall automatically be lowered to equal the maximum rate of interest permitted under applicable law. The Company covenants (to the extent that it may lawfully do so) that it will not seek to claim
      or take advantage of any law that would prohibit or forgive the Company from paying all or a portion of the principal, fees, liquidated damages or interest on this Note.

  

  

  (i)          

  Securities Laws Disclosure; Publicity. The Company shall (a) by 9:30 a.m. Eastern Time on the Trading Day immediately
    following the Date of Execution, issue a press release disclosing the material terms of the transactions contemplated hereby, and (b) file such news release on SEDAR, including a copy of this Note as an exhibit thereto if required under applicable
    Canadian securities laws, within the applicable time required under applicable Canadian securities laws. From and after the filing of such press release, the Company represents to the Holder that it shall have publicly disclosed all material,
    non-public information delivered to the Holder by the Company, or any of its officers, directors, employees, or agents in connection with the transactions contemplated by this Note. The Company and the Holder shall consult with each other in issuing
    any other press releases with respect to the transactions contemplated hereby, and neither the Company nor the Holder shall issue any such press release nor otherwise make any such public statement without the prior consent of the Company, with respect
    to any press release of the Holder, or without the prior consent of the Holder, with respect to any press release of the Company, none of which consents shall be unreasonably withheld, delayed, denied, or conditioned except if such disclosure is
    required by law or the applicable rules of the Company’s Principal Market, in which case the disclosing party shall promptly provide the other party with prior notice of such public statement or communication. The Holder agrees and acknowledges that
    the Company is and shall be subject to certain public company disclosure requirements imposed on the Company by law and/or Principal Market regulations, which shall require disclosure of the terms of this Note, the names of parties to it and certain
    other information related hereto , and such required disclosure by the Company shall, in no circumstance, be deemed or considered a default under or breach of this Note.

  

  

  (j)          

  Right of First Refusal. From and after the date of this Note and at all times hereafter while the Note is outstanding, the
    Parties agree that, in the event that the Company receives any written or oral proposal (the “Proposal”) containing one or more offers to provide additional capital or
    equity or debt financing (the “Financing Amount”), and if the Company’s executive management and its board of directors either accept such Proposal or determine to
    negotiate such Proposal in contemplation of acceptance, then the Company agrees that it shall provide a copy of such written Proposal to the Holder and all amendments, revisions, and supplements thereto (the “Proposal Documents”) no later than 3 business days from the receipt and contemplated acceptance by the Board of the Proposal Documents. Following receipt of the Proposal Documents from the Company, the
    Holder shall have the right (the “Right of First Refusal”), but not the obligation, for a period of 5 business days thereafter (the “Exercise Period”), to invest, at similar or better terms to the Company, an amount equal to or greater than the Financing Amount, upon written notice to the Company that the Holder is exercising the
    Right of First Refusal provided hereby. In furtherance of the Right of First Refusal, the Company agrees that it will cooperate and assist the Holder in conducting a due diligence investigation of the Company and its corporate and financial affairs and
    promptly provide the Holder with information and documents that the Holder may reasonably request so as to allow the Holder to make an informed investment decision. However, the Company and the Holder agree that the Holder shall have no more than 5
    business days from and after the expiration of the Exercise Period to exercise its Right of First Refusal hereunder and to provide a written counteroffer to the Company on the same or better terms. This Right of First Refusal shall extend to all
    purchases of debt held by, or assigned to or from, current stockholders, vendors, or creditors, all transactions, including, if applicable, under Sections 3(a)9 and/or 3(a)10 or the Securities Act of 1933, as amended, and all equity line-of-credit
    transactions, provided, however, the Right of First Refusal set forth herein shall not apply to any loans to the Company or purchases of securities by any directors of the
    Company, financing(s) by the Company involving a United States IPO transaction, syndicated, underwritten or best efforts registered transaction, including, but not limited to, a financing transaction to qualify for a listing on the Nasdaq Capital
    Market or OTC QB or QX markets; provided, however, the Holder shall have the option, but not the obligation, to participate in such transaction(s) by the Company while the Note remains outstanding. Other than for exempted issuances described herein, in
    the event that the Company does enter into, or makes any issuance of Common Shares related to a 3(a)(9) Transaction or a 3(a)(10) Transaction while this note is outstanding, without giving Right of First Refusal to the Holder, a liquidated damages
    charge of 25% of the outstanding principal balance of this Note, but not less than $25,000 (if permissible in compliance with applicable law), will be assessed and will become immediately due and payable to the Holder at its election in the form of
    cash payment or addition to the balance of this Note. Such liquidated damages will be automatically added to the Principal Sum of the Note and tack back to the Effective Date for purposes of Rule 144A or Rule 144, as applicable.

   

  

  
     

    

    [Signature Page to Follow.]

    
      11

      
        

    

    
      IN WITNESS WHEREOF, the Company has caused this Fixed Convertible Promissory Note to be duly executed on the day and in the year
          first above written.

       

        

    

  

  	
           

        	
          PARCELPAL TECHNOLOGY, INC.

        
	
           

        	
           

        	
           

        
	
           

        	By:

        	/s/ Rich Wheeless

        
	 	 	 
	
           

        	Name:

        	Rich Wheeless

        
	 	 	 
	
           

        	
          Title:

        	Chief Executive Officer 

        
	 	 	 
	
           

        	Email:

        	rich.wheeless@parcelpal.com

        
	 	 	 
	 	Address:

        	
          190 Alexander St., Suite 305 

          Vancouver, BC V6A 2S5

          

        

   

  

   This Fixed Convertible Promissory Note of September 29, 2020 is accepted this 29th day of June 2020 by

  

   

  

   TANGIERS GLOBAL, LLC

  

   

    

   
    	By:

          	/s/ Michael Sobeck

          	 
	
             

          	
            Name:

          	Michael Sobeck

          	 
	
             

          	Title:

          	Managing Member

          	 

  

   

  

   

  

  12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00317-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00317-of-00352.parquet"}]]