Document:

Exhibit 10.141

 

 

INTERCREDITOR AGREEMENT

 

This
INTERCREDITOR AGREEMENT (the “Agreement”) is dated March 20, 2017, by and between SABBY MANAGEMENT,
LLC, a limited liability company organized and existing under the laws of the State of Delaware (“Sabby
Management”), acting on behalf and for the benefit of SABBY HEALTHCARE MASTER FUND, LTD, SABBY VOLATILITY
WARRANT MASTER FUND LTD, and LINCOLN PARK CAPITAL FUND, LLC (together the “New Lenders”) and TCA GLOBAL
CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands (“TCA”
and together with Sabby Management, the “Creditors” and each a “Creditor”).

 

RECITALS:

 

WHEREAS,
TCA previously made loans to MEDYTOX SOLUTIONS, INC., the “Company”), in the original principal amount
of up to Six Million and No/100 United States Dollars ($6,000,000) (the “TCA Loan”), which TCA Loan is evidenced
by, among other things, that certain Securities Purchase Agreement, dated May 31, 2015 (the “TCA Credit Agreement”
together with all other documents executed by the Company and Guarantors (as defined herein) in connection with the TCA Credit
Agreement, and all amendments, extensions, supplements and renewals thereof, are sometimes hereinafter collectively referred to
as the “TCA Loan Documents”), and which TCA Loan and TCA Credit Agreement are secured by all assets and property
of the Company now existing or hereafter acquired, as well as all assets of Health Technology Solutions, Inc., a corporation incorporated
under the laws of the State of Florida, Medytox Institute of Laboratory Medicine, Inc., a corporation incorporated under the laws
of the State of Florida, Medical Billing Choices Inc., a corporation incorporated under the laws of the State of North Carolina,
Medytox Diagnostics, Inc., a corporation incorporated under the laws of the State of Florida, Medytox Medical Marketing &
Sales, Inc., a corporation incorporated under the laws of the State of Florida, PB Laboratories, LLC, a limited liability company
organized and existing under the laws of the State of Florida, Biohealth Medical Laboratory Inc., a corporation incorporated under
the laws of the State of Florida, Alethea Laboratories, Inc., a corporation incorporated under the laws of the State of Texas,
International Technologies, LLC, a limited liability company organized and existing under the laws of the State of New Jersey,
EPIC Reference Labs, Inc., a corporation incorporated under laws of the State of Florida, Clinlab, Inc., a corporation incorporated
under the laws of the State of Florida, Medical Mime, Inc., a corporation incorporated under the laws of the State of Florida,
Epinex Diagnostics Laboratories, Inc., a corporation incorporated under the laws of the State of California, Epinex Diagnostics
Laboratories, Inc., a corporation incorporated under the laws of the State of Nevada, and Platinum Financial Solutions, LLC, a
limited liability company organized and existing under the laws of the State of Florida (collectively, the “Guarantors”,
and together with the Company, the “Credit Parties”) (together, all assets and property of the Credit Parties
now existing or hereafter acquired, the “TCA Collateral”); and

 

WHEREAS,
The New Lenders have agreed to make loans to the Company in the aggregate principal amount of up to Fifteen Million Seven Hundred
Ninety-Four Thousand Five Hundred and No/100 Dollars ($15,794,500) (the “Sabby Management Loan”), which is
evidenced by a Securities Purchase Agreement, dated as of March 15, 2017 (the “Sabby Management Loan Agreement”),
which Sabby Management Loan and Sabby Management Loan Agreement are secured by all assets and property of the Credit Parties now
existing or hereafter acquired (collectively, the “Sabby Management Collateral”), pursuant to those certain
Security Agreement, dated as of March 20, 2017, each made by and between each Credit Party and the New Lenders (the “Sabby
Security Agreement”) (the Sabby Management Loan Agreement and the Sabby Security Agreement, together with all other
documents executed by the Company in connection with the Sabby Management Loan Agreement, and all amendments, extensions, supplements,
additional debentures, and renewals thereof, and/or any and all other documents or instruments evidencing any secured liability
of the Credit Parties which exist as of the date hereof or which shall exist following the date hereof in favor of the New Lenders
are sometimes hereinafter collectively referred to as the “Sabby Management Loan Documents”) (the TCA Loan
Documents and Sabby Management Loan Documents and/or any and all other documents or instruments evidencing any secured liability
of the Credit Parties which exist as of the date hereof or which shall exist following the date hereof are sometimes hereinafter
collectively referred to as the “Creditor Loan Documents” and the Sabby Management Collateral and the TCA Collateral
are sometimes hereinafter collectively referred to as the “Collateral”);

 

WHEREAS,
pursuant to the Sabby Security Agreement, Sabby Management was appointed by the New Lenders to act as the collateral agent in
connection with the Sabby Management Collateral, pursuant to which Sabby Management is authorized to take all necessary action
to preserve the Sabby Management Collateral, including entering into this Agreement on behalf and for the benefit of the New Lenders;
and

 

WHEREAS,
the Creditors intend that the Sabby Management Loan and the TCA Loan shall be secured on a pari passu basis with respect
to the Collateral; and

 

 

 

 

    	 	1	 

     

    

 

WHEREAS,
the Creditors wish to memorialize their agreements concerning their respective rights, duties and obligations to one another with
respect to the security interests granted under the Creditor Loan Documents;

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, each intending to be legally bound, do hereby
agree as follows:

 

1.                  
Recitals. The recitals set forth above are true and correct and are hereby incorporated
herein by this reference.

 

2.                  
Ranking of Interests. Each Creditor agrees and acknowledges that all sums secured
or owing to either Creditor under the Creditor Loan Documents shall be and are hereby declared by each Creditor to be held by
the Creditors on a pari passu and pro-rata basis between the Creditors with respect to the relative security interests,
in proportion to such Creditor’s outstanding principal amount owing under the Creditor Loan Documents at any given time
that a determination needs to be made, respectively and as applicable (such pro-rata share or pro-rata basis hereinafter referred
to as the “Pro-Rata Share” or a “Pro-Rata Basis”). Notwithstanding anything to the
contrary contained in any Creditor Loan Documents and irrespective of: (i) dates, times or order of when a Creditor made its loan
to the Company under the Creditor Loan Documents; (ii) the time, order or method of attachment or perfection of the security interests
created in favor of either Creditor; (iii) the time or order of filing or recording of financing statements or other documents
filed or recorded to perfect security interests in any collateral; (iv) anything contained in any filing or agreement to which
any Creditor now or hereafter may be a party; (v) the rules for determining perfection or priority under the Uniform Commercial
Code or any other law governing the relative priorities of secured creditors; (vi) the time or order of obtaining control or possession
of any Collateral; or (vii) or the failure to perfect or maintain the perfection or priority of any security interests, each Creditor
hereby agrees and acknowledges that: (x) each of the Creditors has a valid security interest in the Collateral and (y) the security
interests of each Creditor in any Collateral pursuant to any Creditor Loan Documents shall be pari passu with each other.

 

3.                  
Payment Obligations. The Creditors and the Credit Parties agree that the payment obligations
of the Company under the Credit Documents shall continue in accordance with the provisions of the Credit Documents, provided,
however, that the Company’s payment obligations to TCA in accordance with the TCA Loan Documents shall be amended to conform
to the payment schedule (attached hereto as “Exhibit A”), agreed upon between the Company and TCA, and evidenced
in that certain letter agreement, dated March 20, 2017, which is hereby acknowledged by Sabby Management.

 

4.                   
Default.

 

(a)               
Cross Default; Notice of Default. The Creditors and the Credit Parties agree that
a default by the Credit Parties not cured within any applicable cure period under any of the Creditor Loan Documents shall be
a default under all of the Creditor Loan Documents. In that regard: (i) upon the occurrence of a default by the Credit Parties
not cured within any applicable cure period under the Sabby Management Loan Documents, Sabby Management shall notify TCA in writing
of the occurrence of any such default within two (2) business days after the occurrence thereof; and (ii) upon the occurrence
of a default by the Credit Parties not cured within any applicable cure period under the TCA Loan Documents, TCA shall notify
Sabby Management in writing of the occurrence of any such default within two (2) business days after the occurrence thereof.

 

(b)               
Enforcement of Rights. Upon the occurrence of any default by the Company under any
of the Creditor Loan Documents, TCA, acting as Collateral Agent (as defined below), shall have, for a period of thirty (30) calendar
days commencing with the receipt or delivery on written notice (as applicable) as provided in Section 4(a) hereof, the exclusive
right (but not the obligation) to exercise and enforce all rights and remedies available to the Creditors as they relate to the
Credit Parties, on behalf of and for the benefit of the Creditors, including, without limitation, the right to foreclose or enforce
any remedies against any of the Collateral, and the right to exercise any and all rights, on behalf of the Creditors, in any insolvency,
bankruptcy or other similar proceedings for the benefit of creditors involving the Credit Parties or the Collateral, all in accordance
with the terms of this Agreement. Following the expiration of the above mentioned thirty (30) calendar day exclusively
period, Sabby Management shall be permitted to exercise and enforce its rights and remedies provided in the Sabby Management Loan
Documents, provided, however, that all the provisions of this Agreement shall remain in full force and effect and Sabby Management
shall remain bound hereby.

 

 

 

    	 	2	 

     

    

 

 

(c)               
Post-Default Payment. Upon the occurrence and during the continuance of any default
by the Company under any of the Creditor Loan Documents, payments shall be made to the Creditors on a Pro Rata Basis. Should any
Credit Party make any payments to any Creditor not in compliance with this Agreement during the continuance of any such default,
the other Creditors hereto shall be immediately notified and such payment shall be shared with all of the other Creditors on a
Pro Rata Basis as determined at such time such payment is received and payment shall be sent to the address listed below in Section
14(a) within two (2) Business Days after the receipt thereof and shall then be applied to the Credit Parties’ obligations
under the respective Creditor Loan Documents. 

 

5.                 Collateral Agent.

 

(a)               
Designation of Collateral Agent. Subject to Section 4(b) hereof, the Creditors hereby
agree that TCA shall be and hereby is designated and appointed as the collateral agent hereunder with respect to the Credit Parties
and the Collateral (the “Collateral Agent”).

 

(b)               
Power and Authority of Collateral Agent. Each of the Creditors hereby agrees, acknowledges
and grants to the Collateral Agent, the full power and authority (but not the obligation), on behalf of each Creditor, individually,
and on behalf of all Creditors, as a group, to undertake any and all actions as the Collateral Agent may determine or elect to
take in accordance with this Agreement, in pursuit and enforcement of any of the Creditor Rights. Such actions include, without
limitation: (i) the right to hire counsel to represent the Collateral Agent, to provide advice and counsel to the Collateral Agent
in connection with Collateral Agent’s pursuit and enforcement of the Creditor Rights, and to file any actions, claims or
proceedings that the Collateral Agent determines to pursue in accordance with this Agreement; (ii) the right to deliver to the
Company notices of default, and/or declare all sums due and owing under all Creditor Loan Documents to be immediately due and
payable; (iii) the right to proceed to protect, exercise and enforce, on behalf of all Creditors, the Creditor Rights against
the Company or any other individual, partnership, limited liability company, limited liability partnership, corporation, trust,
joint venture, joint stock company, association, unincorporated organization, government or agency or political subdivision thereof,
or other entity (“Persons”), and such other rights and remedies as are provided by law or equity or otherwise
available under the Creditor Loan Documents; (iv) the right to enforce, foreclose upon and immediately transfer the full right,
title and interest in and to the common stock of the Credit Parties pursuant to any existing pledge agreements (and Sabby Management
hereby irrevocably assigns any and all rights contained in any existing pledge agreements to the Collateral Agent as of the date
hereof); (v) the right to file any and all claims or to otherwise make any required filings in any bankruptcy or insolvency proceedings
or other proceedings for the protection of creditors, as agent for the Creditors; and (vi) all other actions that Collateral Agent
may determine or elect to undertake in accordance with the terms of this Agreement.

 

(c)               
Actions Requiring Unanimous Approval. Notwithstanding anything contained in this Agreement
to the contrary, the Collateral Agent shall not take any of the following actions, unless such actions have been unanimously approved
by the Creditors in writing: (i) any waiver of any Creditor Rights; (ii) any compromise or settlement of any Creditor Rights;
and (iii) termination of this Agreement; provided, however, upon repayment in full of all amounts owed to any Creditor pursuant
to such Creditor’s Loan Documents, the Collateral Agent shall not be required to obtain approval by such Creditor.

 

(d)               
Creditor Action. With respect to any matter that requires approval of the Creditors
(or any matter which the Collateral Agent elects to submit to the Creditors for approval), any such requested action shall be
submitted by the Collateral Agent to each Creditor in writing for review. Each Creditor shall provide its approval or disapproval
of such matter by written notice to the Collateral Agent within five (5) business days from the date the Collateral Agent’s
written notice to the Creditor is deemed delivered hereunder. Any Creditor’s failure to respond to the Collateral Agent
within such five (5) business day period (or such shorter time period as may be required per the terms below) shall be deemed
an approval of such matter by such Creditor, and the Collateral Agent shall have the full right and authority under this Agreement
to rely on such deemed approval as if such Creditor specifically approved such matter. In the event timing in approving any matter
submitted hereunder requires that a Creditor provide its approval or disapproval in a shorter period of time than such five (5)
business day period, then when submitting such matter to the Creditors for approval, the Collateral Agent shall, in its written
notice, expressly state the shorter period required and the reason or necessity for such shorter time period, and the five (5)
business day approval period shall be automatically reduced to such shorter time period as is provided in the written notice requesting
approval from the Collateral Agent.

 

 

 

 

    	 	3	 

     

    

 

 6.                Power of Attorney.

 

(a)               
Grant of Power. To effectuate the terms and provisions hereof, each Creditor, individually,
and all Creditors, collectively, hereby appoint the Collateral Agent as each Creditor’s attorney-in-fact (and the Collateral
Agent hereby accepts such appointment) solely for the purpose of carrying out the provisions of this Agreement including, without
limitation, taking any and all actions on behalf of the Creditors in accordance with the terms and provisions of this Agreement.

 

(b)               
Ratification. All acts done under the foregoing authorization are hereby ratified and
approved by each Creditor, and Collateral Agent shall not be liable for any acts of commission or omission, for any error of judgment,
or for any mistake of fact or law, except for acts of gross negligence or willful misconduct.

  

(c)               
Irrevocable Power. The powers of attorney granted pursuant to this Agreement, being
coupled with an interest, are irrevocable unless and until this Agreement is terminated in accordance with Section 9 below.

 

(d)               
Further Assurances. Each Creditor hereby agrees to promptly provide all reasonable
cooperation, and to execute any other documents or instruments reasonably required or requested by the Collateral Agent, to evidence
the power and authority granted by each Creditor to the Collateral Agent hereunder.

 

 7.                Expenses of the Collateral Agent.

 

(a)               
Creditors Responsible for all Costs. The Creditors shall pay and be responsible for
any and all costs and expenses incurred by the Collateral Agent in its pursuit of the Creditor Rights or otherwise incurred in
connection with its duties under this Agreement, including, without limitation, all costs incurred in the pursuit or enforcement
of the Creditor Rights, all expenses and fees of the attorneys, accountants and other experts the Collateral Agent may retain,
if any, all of such costs and expenses to be borne by the Creditors on a Pro-Rata Basis and otherwise in accordance with the terms
of this Agreement.

 

(b)               
Requirement for Funds. If at any time Collateral Agent determines that funds are needed
to carry out the purposes of this Agreement, the Collateral Agent shall deliver a written notice to each Creditor advising them
of the need for funds and setting forth the amount of funds required (“Required Funds”). Each Creditor shall
have five (5) business days from the date of the request for the Required Funds is deemed delivered by the Collateral Agent to
pay and deliver to the Collateral Agent, in accordance with Section 7(c) below, such Creditor’s Pro- Rata Share of such Required
Funds (provided, however, to the extent the Collateral Agent is also a Creditor hereunder, such Creditor, also being the Collateral
Agent, shall not have an obligation to fund its Pro-Rata Share of such Required Funds in accordance with section 7(c), but rather
only its obligation to be responsible for its Pro-Rata Share of such Required Funds).

 

(c)               
Method of Funding. Any requirement to fund sums of money under this Agreement shall
be undertaken by each Creditor funding such required amount in lawful U.S dollars, by wire transfer to any account designated by
the Collateral Agent from time to time.

 

(d)               
Failure to Deliver Required Additional Funds. To the extent any Creditor fails to deliver
its Pro-Rata Share of Required Funds in accordance with Section 7(b) above, Collateral Agent may (but shall have no obligations
to do so) advance any such sums at any time, and any such sums so advanced, together with interest thereon at the rate of fifteen
percent (15%) per annum from the date of outlay until such sums are repaid in full, shall be due and owing to Collateral Agent
and be repaid in accordance with Section 13 below.

 

 

 

 

    	 	4	 

     

    

 

 8.                 Duties of the Collateral Agent; Standard of Care.

 

(a)                Collateral
Agent Duties. The Creditors hereby agree and acknowledge that the Collateral Agent’s duties are those expressly set
forth in this Agreement, and that the Collateral Agent is hereby authorized to perform those duties in accordance with the
standards set forth in this Agreement. Except with respect to Collateral Agent’s obligation to distribute any sums
recovered hereunder, if any, in accordance with the terms of Section 13 below, Collateral Agent shall not be a trustee or
fiduciary for any of the Creditors in administering or pursuing the Creditor Rights. All actions pursued hereunder by the
Collateral Agent shall be so pursued by Collateral Agent, on behalf of the Creditors under this Agreement. Each of the
Creditors hereby recognizes and agrees that by joining into this Agreement, all of its Creditor Rights are thereafter to be
handled and administered by the Collateral Agent under the terms of this Agreement, and such Creditor shall have no remaining
direct rights to pursue the Creditor Rights individually or separately, and only have derivative rights to pursue such
Creditor Rights through the Collateral Agent and this Agreement. Each Creditor further acknowledges and agrees that
Collateral Agent has made no representation or warranty of any nature or kind relating to any possible recovery of any sums
or the likelihood of any success in pursuing or enforcing any of the Creditor Rights.

 

(b)               
Standard of Care. The Collateral Agent shall carry out the provisions of this Agreement
and undertake any and all actions as the Collateral Agent may determine or elect to take in accordance with this Agreement, in
pursuit and enforcement of the Creditor Rights, for the benefit of the Creditors, according to Collateral Agent’s reasonable
prudence and discretion and the exercise of its reasonable business judgment; provided, however, Collateral Agent shall not have
any liability to any Creditor whatsoever with respect to any action taken or omitted by Collateral Agent, or any agents, representatives
or counsel retained by Collateral Agent, under this Agreement, or in connection with Collateral Agent’s pursuit and enforcement
of the Creditor Rights, including, without limitation, for any error in judgment or mistake of fact or law, except for liability
arising from the gross negligence or willful misconduct of the Collateral Agent. Collateral Agent does not assume, and shall not
have, any responsibility or liability, express or implied, for the enforceability or collectability of any of the Creditor Loan
Documents, or the likelihood or timing of realization or recovery of any of the Creditor Rights.

 

(c)               
Right to Use Third Parties. The Collateral Agent may exercise any of its rights, powers,
and privileges under this Agreement and applicable law, or perform any of its duties under this Agreement, by or through its attorneys,
advisors or agents.

 

(d)               
Liability of Collateral Agent. Collateral Agent shall not be liable for any action
taken or omitted to be taken by it under or in connection with this Agreement, so long as in accordance with the standards set
forth in this Agreement. Without limiting the generality of the foregoing, Collateral Agent: (i) may consult with legal counsel,
independent public accountants and other experts selected by Collateral Agent and shall not be liable for any action taken or omitted
to be taken by it in accordance with the advice of such counsel, accountants or experts; and (ii) shall incur no liability under
or in respect of this Agreement by acting upon any notice, consent, certificate, or other instrument or writing (which may be made
by fax, e-mail or other electronic means) believed by Collateral Agent to be genuine and signed or sent by the proper Persons.

 

(e)               
Segregation of Funds. Any funds held by the Collateral Agent hereunder shall not be
required to be segregated, except that Collateral Agent shall maintain detailed records of all receipts and disbursements associated
with this Agreement or funds received hereunder. The Collateral Agent shall be under no liability for interest on any funds received
by it hereunder.

 

(f)                
Collateral Agent Liability. In the event any action to be undertaken by Collateral
Agent hereunder requires Collateral Agent to expend any monies or to incur any fee or cost beyond the amount of funds that Collateral
Agent may then be holding on behalf of the Creditors hereunder, Collateral Agent shall be entitled to refrain from taking any such
action until it first receives the Required Funds in accordance with this Agreement, and Collateral Agent shall not have any liability
to any Creditor with respect to any failure to undertake any action by Collateral Agent, its employees, agents, representatives
or counsel, in connection with any of the Creditor Rights, or the enforcement or failure to enforce same, to the extent such failure
was as a result of Collateral Agent not having or receiving the funds from the Creditors required and requested by Collateral Agent
as contemplated by this Agreement.

 

(g)               
Information; Knowledge. The Collateral Agent shall not be deemed to have knowledge
of the occurrence of any default under any Creditor Loan Documents, unless the Collateral Agent has received written notice from
a Creditor specifying such default and expressly stating that such notice is a “notice of default”. In the event that
the Collateral Agent receives such a notice, the Collateral Agent shall give reasonably prompt written notice thereof to the other
Creditors and shall provide a copy of such notice to each Creditor. Collateral Agent may take such action (but shall be under no
obligation whatsoever to do so), or refrain from taking such action with respect thereto, as it shall deem advisable, acting in
good faith and in accordance with the Standards of this Agreement, in the best interests of the Creditors to prevent waste or other
deterioration, diminution in value or other loss of the Collateral. Except as expressly required by the terms and conditions of
this Agreement, the Collateral Agent shall have no duty or responsibility to provide any Creditor with any information concerning
the affairs, financial condition or business of the Company which may come into the possession of the Collateral Agent.

 

 

 

 

    	 	5	 

     

    

 

(h)           
Satisfaction of TCA Obligations. Upon payment in full to TCA and satisfaction of the
Obligations (as defined in the TCA Credit Agreement) under the TCA Loan Documents, Sabby Management will automatically become the
Collateral Agent and TCA will transfer to Sabby Management any Collateral then held, including any pledged securities then held.

 

 9.                 Termination.

 

(a)               
Unanimous Agreement. The Creditors may terminate this Agreement at any time upon unanimous
written approval of all Creditors.

 

(b)               
Effect of Termination. Upon a termination of this Agreement in accordance with Section
9(a) above, the Collateral Agent shall distribute any funds then in Collateral Agent’s possession that were collected by
Collateral Agent in pursuit of the Creditor Rights, or otherwise received by Collateral Agent as Required Funds, to the Creditors
pursuant to Section 13 below, and thereafter, this Agreement shall terminate and neither Creditor or Collateral Agent shall have
any further obligation, each to the other, hereunder, except for any obligations or indemnities in this Agreement that specifically
survive such termination.

 

(c)               
Negative Covenant. Sabby Management shall not, prior to (i) the termination of this
Agreement and (ii) the full repayment and full satisfaction of all of the TCA Loan Documents, require any cash payment or repayment
by any Credit Party to Sabby Management in connection with the Sabby Management Loan Documents or any other document except as
provided for in this Agreement. Notwithstanding the foregoing, in no event will this Section 9(c) prohibit the Company from making
regularly scheduled monthly repayments in shares of the Company’s Common Stock pursuant to the terms of the Sabby Loan Documents.

  

10.              
Resignation. The Collateral Agent may resign and be discharged of its duties hereunder
at any time by giving written notice of such resignation to all other Creditors, stating the date such resignation is to take effect.
Within thirty (30) days of the giving of such notice of resignation, a successor collateral agent shall be appointed by the unanimous
approval of the Creditors. The Collateral Agent shall continue to serve until the effective date of its resignation or until its
successor accepts the appointment, but Collateral Agent shall not be obligated to take any action hereunder during such period.

 

11.              
Exculpation. The Collateral Agent shall not incur any liability whatsoever for taking
any action, or for omitting to take any action, in accordance with the terms and provisions of this Agreement, for any mistake
or error in judgment, for compliance with any applicable law or any attachment, order or other directive of any court or other
authority (irrespective of any conflicting term or provision of this Agreement), unless occasioned by Collateral Agent’s
gross negligence or willful misconduct; and each party hereto hereby waives any and all claims and actions of any nature or kind
whatsoever against the Collateral Agent arising out of or related, directly or indirectly, to any or all of the foregoing acts,
omissions and circumstances. Each Creditor’s agreements and covenants under this Section 11 shall survive termination of
this Agreement.

 

12.              
Indemnification. Each of the Creditors (each to the extent of such Creditor’s
Pro- Rata Share), hereby agrees to indemnify, reimburse and hold the Collateral Agent forever harmless from and against any and
all claims, liabilities, losses and expenses of any nature or kind that may be imposed upon, incurred by, or asserted against it,
arising out of or related to, directly or indirectly, this Agreement or the Collateral Agent’s duties and actions hereunder,
except such as are occasioned by the Collateral Agent’s gross negligence or willful misconduct. Each Creditor’s indemnity
obligations under this Section 12 shall survive termination of this Agreement.

 

13.              
Distribution of Proceeds of Collateral. All proceeds of any realization or recovery
on any of the Creditor Rights received by the Collateral Agent shall be allocated and distributed by the Collateral Agent within
a reasonable time after receipt thereof as follows, provided that the Collateral Agent shall have the right to withhold certain
sums for establishment of due and adequate reserves for future costs and expenses, the amount of such reserves to be determined
by the Collateral Agent using reasonable business judgment:

 

(a)                First,
to the extent outstanding, to the payment of all costs and expenses of the Collateral Agent or any attorneys, agents,
experts, or other Persons retained by Collateral Agent hereunder, including, without limitation, any sums owing to the
Collateral Agent under Section 7(d) above; and

 

(b)
Second, to each Creditor, in accordance with such Creditor’s Pro-Rata Share.

 

 

 

 

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14.              Miscellaneous.

 

(a)               
Notices.All notices of request, demand and other communications hereunder shall
be addressed to the parties as follows:

  

	 	If to Sabby Management:	 	Sabby Management, LLC
	 	 	 	10 Mountainview Road, Suite 205
	 	 	 	Upper Saddle River, NJ 07458
	 	 	 	Attn: Robert Grundstein
	 	 	 	E-Mail: rgrundstein@sabbycapital.com
	 	 	 	 
	 	With a copy to:	 	Ellenoff Grossman & Schole LLP
	 	(which shall not constitute notice)	 	1345 Avenue of the Americas
	 	 	 	New York, NY 10105
	 	 	 	Attention: Robert Charron
	 	 	 	E-Mail: rcharron@egsllp.com
	 	 	 	 
	 	If to TCA:	 	TCA Global Credit Master Fund, LP
	 	 	 	3960 Howard Hughes Parkway, Suite 500
	 	 	 	Las Vegas, NV 89169
	 	 	 	Attention: Robert Press, Director
	 	 	 	E-Mail: bpress@tcaglobalfund.com
	 	 	 	 
	 	With a copy to:	 	Lucosky Brookman LLP
	 	(which shall not constitute notice)	 	101 Wood Avenue South, 5th Floor
	 	 	 	Woodbridge, NJ 08830
	 	 	 	Attn: Mr. Seth A. Brookman, Esq.
	 	 	 	E-Mail: sbrookman@lucbro.com
	 	 	 	 
	 	If to the Credit Parties:	 	400 South Australian Ave., 8th Floor
	 	 	 	West Palm Beach, FL 33401
	 	 	 	Attention: Seamus Lagan
	 	 	 	E-Mail: slagan@rennovahealth.com
	 	 	 	 
	 	With a copy to:	 	Shutts & Bowen LLP
	 	(which shall not constitute notice)	 	200 South Biscayne Boulevard
	 	 	 	Suite 4100
	 	 	 	Miami, FL 33131
	 	 	 	Attention: J. Thomas Cookson
	 	 	 	E-Mail: tcookson@shutts.com

 

unless the address is changed
by the party by like notice given to the other parties. Notice shall be in writing and shall be deemed delivered: (i) if mailed
by certified mail, return receipt requested, postage prepaid and properly addressed to the address below, then three (3) business
days after deposit of same in a regularly maintained U.S. Mail receptacle; or (ii) if mailed by Federal Express, UPS or other nationally
recognized overnight courier service, next business morning delivery, then one (1) business day after deposit of same in a regularly
maintained receptacle of such overnight courier; (iii) if hand delivered, then upon hand delivery thereof to the address indicated
on or prior to 5:00 p.m., EST, on a business day, any notice hand delivered after 5:00 p.m., EST, being deemed delivered on the
following business day; and (iv) if delivered by e-mail notification to the e-mail address of the applicable Person as shown on
this Agreement, then on the date such e-mail is sent, so long as the sender does not receive either a system rejection notice that
such e-mail was not properly sent or received, or a reply notice that the receiving party is not receiving e-mails at such time.
Notwithstanding the foregoing, notice, consents, waivers or other communications referred to in this Agreement may be sent by any
other method of delivery, but shall be deemed to have been delivered only when the sending party has confirmed that the notice
has been received by the other party.

 

 

    	 	7	 

     

    

 

 

(b)               
Entire Agreement. This Agreement, and the documents delivered pursuant hereto, if any,
set forth all the promises, covenants, agreements, conditions and understandings between the parties hereto with respect to the
subject matter hereof and thereof, and supersede all prior and contemporaneous agreements, understandings, inducements or conditions,
expressed or implied, oral or written, except as contained herein.

 

(c)               
Binding Effect. This Agreement shall be binding upon the parties hereto, their respective
successors and permitted assigns.

 

(d)               
Amendment. The parties hereby irrevocably agree that no attempted amendment, modification,
or change of this Agreement shall be valid and effective, unless all parties hereto shall unanimously agree in writing to such
amendment, modification or change.

 

(e)               
No Waiver. No waiver of any provision of this Agreement shall be effective, unless
it is in writing and signed by the party against whom it is asserted, and any such written waiver shall only be applicable to the
specific instance to which it relates and shall not be deemed to be a continuing or future waiver.

 

(f)                
Gender and Use of Singular and Plural. All pronouns shall be deemed to refer to the
masculine, feminine, neuter, singular or plural, as the identity of the party or parties or their personal representatives, successors
and assigns may require.

 

(g)               
Execution. This Agreement may be executed in one or more counterparts, all of which
taken together shall be deemed and considered one and the same Agreement, and same shall become effective when counterparts have
been signed by each party and each party has delivered its signed counterpart to the other party. In the event that any signature
is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format file or other similar format file,
such signature shall be deemed an original for all purposes and shall create a valid and binding obligation of the party
executing same with the same force and effect as if such facsimile or “.pdf” signature page was an original thereof.

 

(h)               
Headings. The article and section headings contained in this Agreement are inserted
for convenience only and shall not affect in any way the meaning or interpretation of the Agreement.

 

(i)                
Governing Law. This Agreement shall be construed in accordance with the laws of the
State of Nevada, without regard to the principles of conflicts of laws. The parties further agree that any action between them
shall be heard in Broward County, Florida and expressly consent to the jurisdiction and venue of the State and Federal Courts
sitting in Broward County, Florida for the adjudication of any civil action asserted pursuant to this Agreement.

 

(j)                
Further Assurances. The parties hereto will execute and deliver such further instruments
and do such further acts and things as may be reasonably required to carry out the intent and purposes of this Agreement.

 

(k)               
Severability. If any one of the provisions contained in this Agreement, for any reason,
shall be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect
any other provision of this Agreement, and this Agreement shall remain in full force and effect and be construed as if the invalid,
illegal or unenforceable provision had never been contained herein.

 

(l)                
Third Party Beneficiaries. The New Lenders shall be third party beneficiaries to this
Agreement. This Agreement is intended for the benefit of the parties hereto and their respective permitted successors and assigns,
and is not for the benefit of, nor may any provision hereof be enforced by, any other Person, except as otherwise set forth in
this Section 14(l).

 

(m)             
WAIVER OF JURY TRIAL. EACH CREDITOR AND COLLATERAL AGENT, AFTER CONSULTING OR HAVING
HAD THE OPPORTUNITY TO CONSULT WITH COUNSEL, EACH KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES, IRREVOCABLY, THE RIGHT TO TRIAL
BY JURY WITH RESPECT TO ANY LEGAL PROCEEDING BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY
OTHER AGREEMENT EXECUTED OR CONTEMPLATED TO BE EXECUTED IN CONJUNCTION WITH THIS AGREEMENT, OR ANY COURSE OF CONDUCT OR COURSE
OF DEALING IN WHICH ANY PARTIES HERETO ARE ADVERSE PARTIES.

 

 

[Signatures on the following page]

 

 

 

 

 

 

    	 	9	 

     

    

 

IN WITNESS WHEREOF, the parties
hereto executed this Agreement effective as of the Effective Date.

 

SABBY MANAGEMENT, LLC,

as Agent to Sabby Healthcare Master Fund, Ltd, Sabby
Volatility Warrant Master Fund Ltd, and Lincoln Park Capital Fund, LLC

 

 

By: /s/ Robert Grundstein                              

Name: Robert Grundstein

Title: COO of Investement Manager

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	10	 

     

    

 

TCA GLOBAL CREDIT MASTER FUND, LP,

as Creditor and as Collateral Agent

 

By:TCA
Global Credit Fund GP, Ltd.

Its:General Partner

 

 

 

By: /s/ Robert Press                           

Name: Robert Press

Title: Director

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	11	 

     

    

 

The Credit Parties acknowledge and agree to any terms
and provisions of this Agreement applicable thereto:

 

RENNOVA HEALTH, INC

 

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title: Chief Executive Officer

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DOES HEREBY CERTIFY that Seamus Lagan, the Chief Executive
Officer of Rennova Health, Inc., who is personally known to me to be the same person whose name is subscribed to the foregoing
instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her
own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

  

 

 

 

 

 

 

 

 

    	 	12	 

     

    

 

MEDYTOX SOLUTIONS, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title: Chief Executive Officer

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Chief Executive Officer
of Medytox Solution, Inc., who is personally known to me to be the same person whose name is subscribed to the foregoing instrument,
appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free
and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

    	 	13	 

     

    

 

 

HEALTH TECHNOLOGY SOLUTIONS, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title: Chief Executive Officer

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Chief Executive Officer
of Health Technology Solutions, Inc., a Florida corporation, who is personally known to me to be the same person whose name is
subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered
the said instrument as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and
purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	14	 

     

    

 

MEDYTOX INSTITUTE OF LABORATORY MEDICINE, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title: Chief Executive Officer

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Chief Executive Officer
of Medytox Institute of Laboratory Medicine, Inc., a Florida corporation, who is personally known to me to be the same person whose
name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered
the said instrument as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and
purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

    	 	15	 

     

    

 

MEDICAL BILLING CHOICES, INC.

 

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title: President

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the President of Medical
Billing Choices, Inc., a North Carolina corporation, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	16	 

     

    

 

MEDYTOX DIAGNOSTICS, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Chief Executive Officer

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Chief Executive Officer
of Medytox Diagnostics, Inc., a Florida corporation, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	17	 

     

    

 

MEDYTOX MEDICAL MARKETING & SALES, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of Medytox
Medical Marketing & Sales, Inc., a Florida corporation, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

    	 	18	 

     

    

 

PB LABORATORIES, LLC

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of PB Laboratories,
LLC, a Florida limited liability company, who is personally known to me to be the same person whose name is subscribed to the foregoing
instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her
own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

    	 	19	 

     

    

 

BIOHEALTH MEDICAL LABORATORY, INC.

 

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The
undersigned, a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary
of Biohealth Medical Laboratory, Inc., a Florida corporation, who is personally known to me to be the same person whose name is
subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered
the said instrument as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and
purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	20	 

     

    

 

ALETHEA LABORATORIES, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of Alethea
Laboratories, Inc., a Texas corporation, who is personally known to me to be the same person whose name is subscribed to the foregoing
instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her
own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

    	 	21	 

     

    

 

INTERNATIONAL TECHNOLOGIES, LLC

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of International
Technologies, LLC, a New Jersey limited liability company, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

    	 	22	 

     

    

 

EPIC REFERENCE LABS, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of EPIC
Reference Labs, Inc., a Florida corporation, who is personally known to me to be the same person whose name is subscribed to the
foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

    	 	23	 

     

    

 

CLINLAB, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
President

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the President of Clinlab,
Inc., a Florida corporation, who is personally known to me to be the same person whose name is subscribed to the foregoing instrument,
appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free
and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

    	 	24	 

     

    

 

MEDICAL MIME, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The
undersigned, a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary
of Medical Mime, Inc., a Florida corporation, who is personally known to me to be the same person whose name is subscribed to the
foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

    	 	25	 

     

    

 

EPINEX DIAGNOSTICS LABORATORIES, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of Epinex
Diagnostics Laboratories, Inc., a California corporation, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

    	 	26	 

     

    

 

EPINEX DIAGNOSTICS LABORATORIES, INC.

 

 

By:
/s/ Seamus Lagan                             

Name: Seamus
Lagan

Title:
Secretary

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Seamus Lagan, the Secretary of Epinex
Diagnostics Laboratories, Inc., a Nevada corporation, who is personally known to me to be the same person whose name is subscribed
to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument
as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein
set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

    	 	27	 

     

    

 

PLATINUM FINANCIAL SOLUTIONS, LLC

 

 

 

By:
/s/ Sebastien Sainsbury                           

Name:
Sebastien Sainsbury

Title: Manager

 

	STATE OF FLORIDA	)	 
	 	)	SS.
	COUNTY OF PALM BEACH	)	 

 

 

The undersigned,
a Notary Public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that Sebastien Sainsbury, the Manager of
Platinum Financial Solutions, LLC., a Florida limited liability company, who is personally known to me to be the same person whose
name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered
the said instrument as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and
purposes therein set forth.

 

GIVEN under my hand and notarial seal this
20th day of March, 2017.

 

 

                       /s/
Kelly Marsden                            

Notary Public

 

 

My
Commission Expires:

 

                       February
26, 2021                       

 

 

 

 

 

 

 

 

 

 

 

 

    	 	28Exhibit 10.142

 

 

 

 

March
20, 2017

 

Seamus Lagan, CEO

Rennova Health, Inc.

400 South Australian Ave

Suite
800

West Palm Beach FL 33401

 

RE:        Investment Banking
Services

 

Dear Mr. Seamus Lagan:

 

This
agreement by and between TCA Global Credit Master Fund, LP (“TCA”) and Rennova
Health, Inc. (hereinafter collectively known as the “Company”) is dated March
20, 2017 and encompasses the following advisory services to be provided by TCA to the Company (the “Agreement”).

 

		1.	Services Provided:

 

A
range of services which may, or may not, include (1) identifying, evaluating and advising in relation to the Company's current
structural (including business model), financial, operational, managerial, strategic, restructuring, workouts, reorganizations
and other distressed situation advisory work (2) preparing and coordinating with the Company and others in the development of
business plans and financial models, (3) identifying potential merger, acquisition, divestiture, consolidation or other combination
("M&A Transaction") opportunities and negotiating, structuring and advising in connection with potential M&A
Transactions, (4) advising and assisting the Company in connection with the preparation of any registration statements, periodic
or other SEC reports or proxies, and (5) coordinating with, and advising in connection with, the activities of outside professionals,
including without limitation attorneys, accountants, market professionals, etc. (the “Services”).

 

In order to enable
TCA to provide the Services requested, the Company agrees to provide all information reasonably requested including historical
and projected financials (for the Company and any subsidiaries) and any known litigation and pending liabilities. The Company
also agrees to make available its management and legal counsel upon request.

 

		2.	Duties.

 

TCA
shall perform the Services as reasonably requested by the Company from time to time, including but not limited to the
Services described in Section 1 above. TCA shall devote its commercially reasonable efforts and attention to the performance
of the Services for the Company on a timely basis and shall also make itself available to answer questions, provide advice
and provide Services to the Company upon reasonable request and notice from the Company.

 

 

 

 

    	 	1	 

     

    

 

 

 

 

		3.	Limitation of Engagement to the Company.

 

The
Company acknowledges that TCA has been retained only by the Company, that TCA is providing Services hereunder as an independent
contractor (and not in any fiduciary or agency capacity) and that the Company’s engagement of TCA is not deemed to be on
behalf of, and is not intended to confer rights upon, any shareholder, owner or partner of the Company or any other person not
a party hereto as against TCA or any of its affiliates, or any of its or their respective officers, directors, controlling persons
(within the meaning of Section 15 of the Securities Act or Section 20 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), employees or agents. Unless otherwise expressly agreed in writing by TCA, no one other than the Company is authorized
to rely upon this Agreement or any other statements or conduct of TCA, and no one other than the Company is intended to be a beneficiary
of this Agreement. The Company acknowledges that any recommendation or advice, written or oral, given by TCA to the Company in
connection with TCA’s engagement is intended solely for the benefit and use of the Company’s management and directors
and any such recommendation or advice is not on behalf of, and shall not confer any rights or remedies upon, any other person or
be used or relied upon for any other purpose. TCA shall not have the authority to make any commitment binding on the Company.

 

		4.	Limitation of TCA’s Liability to the Company.

 

TCA
and the Company further agree that neither TCA nor any of its affiliates or any ofits or their respective officers, directors,
controlling persons (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act), employees or agents
shall have any liability to the Company, its security holders or creditors, or any person asserting claims on behalf of or in the
right of the Company (whether direct or indirect, in contract, tort, for an act of negligence or otherwise) for any losses, fees,
damages, liabilities, costs, expenses or equitable relief arising out of or relating to this Agreement or the Services rendered
hereunder, except for losses, fees, damages, liabilities, costs or expenses that arise out of or are based on any action of or
failure to act by TCA and that are finally judicially determined to have resulted solely from the gross negligence or willful misconduct
of TCA.

 

		5.	Changes to Services.

 

Any material changes to
the Services to be rendered, including the schedule, deliverables, and related fees, must be approved in writing.

 

 

 

 

 

    	 	2	 

     

    

 

 

 

		6.	Notices.

 

All
notices hereunder will be in writing and sent by certified mail, hand delivery, overnight delivery or email, if sent to 19950
W Country Club Drive, Suite 101, Aventura, FL 33180, or email address Dsilverman@tcaglobalfund.com, and Bpress@tcaglobalfund.com,
Attention: Donna Silverman and Robert Press. Notices sent by certified mail shall be deemed received five days thereafter, notices
sent by hand delivery or overnight delivery shall be deemed received on the date of the relevant written record of receipt, and
notices delivered by fax shall be deemed received as of the date and time printed thereon by the fax machine.

 

		7.	Performance of Services.

 

TCA shall use its best efforts
to perform the Services such that the results are satisfactory to the company.

 

		8.	Compensation:

 

In consideration for the
Services provided by TCA to the Company as of this date, the Company shall compensate TCA in the amount of $150,000 in cash
(the “Fee”) which is considered non-cancellable and earned upon execution of this agreement. In no way does it
relate to or guarantees introduction to entities or brokerage firms to assist in any of the Company’s capital raising needs.
Any agreements related to raising capital, shall be covered under a separate agreement if needed.

 

The
Company hereby agrees that, notwithstanding anything which may be contained in this Agreement to the contrary, the Fee shall be
due and owing in full in cash and without demand on that date which is the earlier of: (i) six (6) months following the date hereof
or (ii) the immediately subsequent date when any registration statement which may have been previously filed or which may hereafter
be filed by the Company becomes effective with the United States Securities and Exchange Commission.

 

This Agreement may be terminated
at any time by the Company but the Company shall remain liable to pay the Fee.

 

		9.	Reimbursement of Expenses:

 

The
Company shall promptly reimburse TCA for any reasonable costs and expenses incurred by TCA in connection with any Services specifically
requested by the Company and actually performed by TCA pursuant to the terms of this Agreement. Each such expenditure or cost shall
be reimbursed only if: (i) with respect to costs in excess of $250.00, individually, TCA receives prior approval from the Company’s
CEO or CFO or other executive for such expenditure or cost, and (ii) with respect to costs less than $250, individually, provided
TCA furnishes to the Company adequate records and other documents reasonably acceptable to the Company evidencing such expenditure
or cost.

 

 

    	 	3	 

     

    

 

 

 

 

		10.	General Restrictions on Use.

TCA
agrees to hold all Proprietary Information in confidence and not to, directly or indirectly, disclose, use, copy, publish,
summarize, or remove from the Company's premises any Proprietary Information (or remove from the premises any other property
of the Company), except (i) during the consulting relationship to the extent authorized and necessary to carry out TCA's
responsibilities under this Agreement, and (ii) after termination of the consulting relationship, only as specifically
authorized in writing by the Company. Notwithstanding the foregoing, such restrictions shall not apply to: (x) information
which TCA can show was rightfully in TCA's possession at the time of disclosure by the Company; (y) information which TCA can
show was received from a third party who lawfully developed the information independently of the Company or obtained such
information from the Company under conditions which did not require that it be held in confidence; or (z) information which,
at the time of disclosure, is generally available to the public.

 

		11.	Ownership of Work Product.

 

All
Work Product shall be considered work(s) made by TCA for hire for the Company and shall belong exclusively to the Company and its
designees. If by operation of law, any of the Work Product, including all related intellectual property rights, is not owned in
its entirety by the Company automatically upon creation thereof, then TCA agrees to assign, and hereby assigns, to the Company
and its designees the ownership of such Work Product, including all related intellectual property rights. "Work Product"
shall mean any writings (including excel, power point, emails, etc.), programming, documentation, data compilations, reports, and
any other media, materials, or other objects produced as a result of TCA's work or delivered by TCA in the course of performing
that work.

 

		12.	Return of Proprietary Information

 

Upon
termination of this Agreement, TCA shall upon request by the Company promptly deliver to the Company (at the Company’s sole
cost and expense) all: drawings, blueprints, manuals, specification documents, documentation, source or object codes, tape discs
and any other storage media, letters, notes, notebooks, reports, flowcharts, and all other materials in its possession or under
its control relating to the Proprietary Information and/or Services, as well as all other property belonging to the Company which
is then in TCA's possession or under its control. Notwithstanding the foregoing, TCA shall retain ownership of all works owned
by TCA prior to commencing work for the Company hereunder, subject to the Company's nonexclusive, perpetual, paid up right and
license to use such works in connection with its use of the Services and any Work Product.

 

		13.	Governing Law

 

The validity, interpretation,
enforceability, and performance of this Agreement shall be governed by and construed in accordance with the laws of the State of
Nevada.

 

Should the terms and conditions contained herein
be acceptable, please execute the agreement below.

 

  

 

 

    	 	4	 

     

    

 

 

 

Sincerely,

 

TCA GLOBAL CREDIT MASTER FUND, LP

 

 

By: /s/ Robert Press                               

Name: Robert Press

Title: Director

 

 

 

RENNOVA HEALTH, INC.

 

 

By: /s/ Seamus Lagan                            

Name: Seamus Lagan

Title: CEO

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	5

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