Document:

Exhibit 10.1

  

ASSET PURCHASE AGREEMENT

 

THIS ASSET PURCHASE AGREEMENT (the “Agreement”)
is entered into effective as of March 24, 2015 (the “Effective Date”) by and among eFleets Corporation, a Nevada
corporation formerly known as Numbeer, Inc. (“eFleets”), Good Earth Energy Conservation, Inc., a Delaware corporation
that is wholly-owned by eFleets (“Good Earth”) and DFW-USA, Inc., a Georgia corporation (“Purchaser”).
Good Earth, eFleets and Purchaser are each referred to herein as a “Party” and collectively as the “Parties.”

 

Recitals

 

Purchaser desires to
purchase all right, title and interest in the Purchased Collateral (as defined in Section 1.1(a)) and Good Earth has agreed to
sell all right, title and interest in the Purchased Collateral to Purchaser according to the terms of this Agreement.

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein contained, the Parties agree as follows:

 

	1.	Background

 

1.1.Security Agreement, Zeus $750,000 Note and Zeus
Financing Statement.

 

(a)Zeus
Corporation, a Marshall Islands corporation (“Zeus”) and Good Earth are parties to that certain Security Agreement
dated April 1, 2012 (the “Security Agreement”) and that certain Renewal, Extension and Modification of Secured
Convertible Promissory Note of Good Earth Energy Conservation, Inc. dated April 1, 2012 with a principal amount of $750,000 wherein
Good Earth is the debtor and Zeus is the creditor (the “Zeus $750,000 Note”). Pursuant to the Security Agreement,
the UCC Financing Statement attached hereto as Attachment A has been filed with the Delaware Department of State
(the “Zeus Financing Statement”). For purposes of this Agreement, the term “Equipment” shall
have the same meaning that such term is defined in “Exhibit A” to the Zeus Financing Statement; and the term “Intellectual
Property” shall have the same meaning that such term is defined in “Exhibit A” to the Zeus Financing Statement
and the “Purchased Collateral” means the Equipment and the Intellectual Property.

 

(b)The
Intellectual Property includes, but is not limited to, the following:

 

(i)U.S.
Trademark Registration No. 85634411 for the word mark “FIREFLY ESV”;

 

(ii)U.S.
Trademark Registration No. 77918286 for the word mark “FIREFLY”;

 

(iii)the
common law trademark rights that have been established by Good Earth and/or eFleets to the following marks: EFLEETS word mark,
ESSENTIAL SERVICE VEHICLE word mark and the eFleets logo depicting a “Z” at an angle within a circle and “eFleets
Electric Utility Vehicles” to the right of the “Z” at an angle within a circle;

 

(iv)the
Solidworks software license used for drawing designs of Good Earth’s Firefly vehicle;

 

(v)all
files created by Good Earth’s personnel using the Solidworks licensed software;

 

(vi)microchip
C based software for the green board, accessory board, BMS, e-brake and gauge pod for Good Earth’s Firefly vehicle;

 

(vii)electronic
layouts for the green board, accessory board, BMS, e-brake and gauge pod for Good Earth’s Firefly vehicle;

 

    	1

    	 

    

 

 

(viii)designs
for wire harness connectivity and signal charts for Good Earth’s Firefly vehicle;

 

(ix)bill
of materials (“BOM”) comprising multi-level parts lists for the Firefly vehicle;

 

(x)vendor
lists;

 

(xi)customer,
dealer and prospect lists;

 

(xii)plastic
mold tools and the location of those tools at vendor locations;

 

(xiii)all
domain names used in the Good Earth business including, but not limited to, the following (such domain names are collectively
referred to herein as the “Good Earth Domains”): fireflyesv.com and goodearthec.com.

 

(xiv)all
information stored on computers or electronic devices that are Equipment;

 

(xv)all
email addresses corresponding to the Good Earth Domains; and

 

(xvi)all
emails sent or received from any of the Good Earth Domains.

 

(c)The
Purchased Collateral does not include the following assets (collectively referred to herein as the “Excluded Collateral”):

 

(i)Good
Earth’s accounts receivable and inventory; together with all accessions, appurtenances and additions to and substitutions
for any of the foregoing, all renewals and replacements of any of the foregoing, and all proceeds of the foregoing which foregoing
assets are collateral pursuant to those certain UCC Financing Statements filed with the Delaware Department of State and the Texas
Secretary of State on April 10, 2012 which designate Good Earth as the debtor and Fort Worth EV Investors L.L.C. as the secured
party wherein all references to “foregoing” in this paragraph are expressly limited to only those items listed in
this paragraph;

 

(ii)A
Mitsubishi Forklift FBC15N-AC S/N A4BC110246 and all equipment parts, accessories, substitutions, additions, accessions and replacements
thereto and thereof, now or hereafter installed in, affixed
to, or used in conjunction therewith and the proceeds thereof, together with all installment payments, insurance proceeds, other
proceeds and payments due and to become due arising from or relating to the above-described forklift equipment which forklift
equipment is collateral pursuant to that certain UCC Financing Statement filed with the Delaware Department of State on July 5,
2012 which designates Good Earth as the debtor and Wells Fargo Bank, N.A. as the secured party;

 

(iii)Good
Earth’s accounts receivables, contract rights and general intangibles as they relate to such accounts owned by Good Earth,
whether liquidated or unliquidated, the balance of any deposit accounts, reserve accounts, credit balances or other reserves of
any kind maintained by Good Earth with or by secured for the benefit of Good Earth, all present and future accounts receivables,
general intangibles, chattel paper, documents, instruments, cash and non-cash proceeds, judgments, claims, rights to payment,
lawsuits, and other disposition of or collections with respect to, or insurance proceeds payable with respect to, or claims against
any other person or entity with respect to all or any part of the collateral, the reserve account, all present and future security
for the payment to Good Earth of any of the collateral and goods which gave or will give rise to any such collateral or are evidenced,
identified, or represented therein of thereby, proceeds and products of any kind of the foregoing in any form which foregoing
assets are collateral pursuant to those certain UCC Financing Statements filed with the Delaware Department of State and the Texas
Secretary of State on August 2, 2013 and the Delaware Department of State on October 1, 2013 which designate Good Earth as the
debtor and Catalyst Finance, L.P. as the secured party wherein all references to “foregoing” or “with respect
to” in this paragraph are expressly limited to only those items listed in this paragraph;

 

    	2

    	 

    

 

 

(iv)A
GMC truck that has been financed through Ally Bank; and

 

(v)any
other Good Earth assets that are not otherwise Equipment or Intellectual Property or assets identified in items (i) through (iv)
above.

 

(d)Section
1 of the Security Agreement provides in part as follows (the “Company” is defined in the Security Agreement as Good
Earth and the “Secured Party” is defined in the Security Agreement as Zeus):

 

“The Security Interest shall secure the
payment and performance of a Secured Convertible Promissory Note of even date herewith in the principal amount of Seven Hundred
Fifty Thousand Dollars ($750,000.00) (the “Note”) and the payment and performance of all other liabilities and
obligations of Company to Secured Party of every kind and description, direct or indirect, absolute or contingent, due to become
due now existing or hereafter arising.”

 

(e)As
of the Effective Date, the Zeus $750,000 Note has unpaid accrued interest in the amount of $237,423 and no amount of the original
principal of the Zeus $750,000 Note has been repaid to Zeus.

 

1.2.First
Group Notes; Default of Security Agreement.

 

(a)Zeus
and Good Earth are parties to certain Convertible Promissory Notes as summarized in the following table wherein Zeus is the creditor
and Good Earth is the debtor (such Convertible Promissory Notes are collectively referred to herein as the “First Group
Notes”):

 

First Group Notes

 

	 	Principal Amount	 	 	Note Date	 	Maturity Date
		$40,000	 	 	January 17, 2014	 	January 17, 2015
		$35,000	 	 	January 10, 2014	 	January 10, 2015
		$25,000	 	 	January 6, 2014	 	January 6, 2015
		$200,000	 	 	December 17, 2013	 	December 17, 2014
		$75,000	 	 	November 13, 2013	 	November 13, 2014
		$100,000	 	 	October 29, 2013	 	October 29, 2014
		$20,000	 	 	October 16, 2013	 	October 16, 2014
		$130,000	 	 	September 26, 2013	 	September 26, 2014
		$625,000.00	 	 	 	 	 

 

(b)The
security interest granted to Zeus pursuant to the Security Agreement secures Good Earth’s payment and performance of all
liabilities and obligations of Good Earth to Zeus under the First Group Notes.

 

(c)As
of the Effective Date, the First Group Notes have unpaid accrued interest in the amount of $67,100.27 and no amount of the original
principal of each of the First Group Notes has been repaid to Zeus.

 

(d)Section
2 of each of the First Group Notes provides as follows: “Subject to the other provisions of this Note, the Outstanding Balance
shall be due and payable in cash on the first annual anniversary date of this Note.” The Maturity Date designated in the
above table is the “first annual anniversary date” of each of the First Group Notes.

 

    	3

    	 

    

 

 

(e)Section
5.1 of each of the First Group Notes provides in part as follows (the “Company” is defined in the First Group Notes
as Good Earth):

 

“Each of the following shall constitute an
event of default (each an “Event of Default”):

 

(a)the Company fails to
make any payment under this Note when the same becomes due and payable and such default shall continue for a period of twelve (12)
days;

 

(b)the Company shall ...
(v) become insolvent (as such term may be defined or interpreted under any applicable statute); ...”

 

(f)eFleets’
Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on August 28, 2014 for the quarter
ended on June 30, 2014 states that eFleets’ total assets (as consolidated with eFleets’ wholly-owned subsidiary Good
Earth) is $666,686 and eFleets’ total current liabilities (as consolidated with eFleets’ wholly-owned subsidiary Good
Earth) is $5,471,635. As of the Effective Date, eFleets has not filed a Form 10-Q with the SEC for the quarter ended on September
30, 2014 and eFleets has not filed a Form 10-K with the SEC for the year ended on December 31, 2014. As of the Effective Date,
Good Earth and eFleets are insolvent as a result of eFleets’ total current liabilities (as consolidated with eFleets’
wholly-owned subsidiary Good Earth) exceeding eFleets’ total assets (as consolidated with eFleets’ wholly-owned subsidiary
Good Earth).

 

(g)As
of the Effective Date, each of the First Group Notes is in default as a result of Good Earth failing to pay Zeus the outstanding
indebtedness under each of the First Group Notes and as a result of Good Earth being insolvent.

 

(h)Section
5.1 of the Zeus $750,000 Note provides in part as follows (the “Company” is defined in the Zeus $750,000 Note as Good
Earth and the “Holder” is defined in the Zeus $750,000 Note as Zeus):

 

“Each of the following shall constitute
an event of default (each an “Event of Default”):

 

(c)the Company (i) fails
in any material respect to make any payment when due under the terms of any bond, debenture, note or other evidence of indebtedness
(excluding this Note and trade payables, but including any other evidence of indebtedness of Company to Holder) and such failure
shall continue beyond any period of grace provided with respect thereto, or (ii) default in any material respect in the observance
or performance of any other agreement, term or condition contained in any such bond, debenture, note or other evidence of indebtedness;”

 

(i)Good
Earth’s failure to make payment within twelve (12) days after the maturity date of each of the First Group Notes constitutes
an event of default of the Zeus $750,000 Note pursuant to Section 5.1(c) of the Zeus $750,000 Note.

 

(j)Section
4 of the Security Agreement provides as follows: “The occurrence of any Event of Default as defined in the Note shall be
an event of default hereunder (“Event of Default”).” As a result of the occurrence of events of default pursuant
to the Zeus $750,000 Note and each of the First Group Notes, the Security Agreement is in default. Good Earth’s default
pursuant to the Security Agreement entitles Zeus to exercise the remedies set forth in Section 5 of the Security Agreement.

 

(k)As
of the Effective Date, the total principal and interest owed by Good Earth pursuant to the Zeus $750,000 Note and the First Group
Notes is $1,679,523.27.

 

(l)Zeus
has assigned to Purchaser all of its rights and obligations pursuant to the Zeus $750,000 Note, the First Group Notes and the
Security Agreement.

 

    	4

    	 

    

 

 

1.3.Vendor
Purchase Order Funding Agreements; Purchase Price Advance Agreements. Purchaser, Good Earth and eFleets have entered into
the following agreements which have provided for Purchaser’s advance to Good Earth, in the case of the Purchase Price Advance
Agreements, or payment directly by Purchaser to Good Earth’s battery vendor, in the case of the Vendor Purchase Order Funding
Agreements, of the amounts indicated below which agreements provide, among other things, for Purchaser’s right to apply
the advance amounts to Purchaser’s purchase price for the purchase of the Purchased Collateral.

 

	Agreement	 	 	Date	 	 	 	Amount	 
	Vendor Purchase Order Funding Agreement	 	 	January 30, 2015	 	 	$	35,200	 
	Purchase Price Advance Agreement	 	 	February 3, 2015	 	 	$	35,000	 
	Purchase Price Advance Agreement	 	 	February 4, 2015	 	 	$	23,488	 
	Purchase Price Advance Agreement	 	 	February 12, 2015	 	 	$	129,000	 
	Purchase Price Advance Agreement	 	 	February 25, 2015	 	 	$	55,000	 
	Vendor Purchase Order Funding Agreement	 	 	March 11, 2015	 	 	$	22,000	 
	Purchase Price Advance Agreement	 	 	March 12, 2015	 	 	$	75,000	 
	Total:	 	 	 	 	 	$	374,688	 

 

		2.	Purchase and Sale of the Purchased Collateral

 

2.1.Purchased
Collateral. Good Earth hereby sells, assigns, transfers, conveys and delivers to Purchaser, and Purchaser hereby purchases,
acquires and accepts from Good Earth the Purchased Collateral.

 

2.2.Excluded
Assets. Notwithstanding the foregoing, all other assets of Good Earth, including without limitation the following assets,
are excluded from the Purchased Collateral (the “Excluded Assets”):

 

(a)all
cash and cash equivalents on hand and in banks, certificates of deposit, commercial paper, stocks, bonds and other liquid investments
of Good Earth;

 

(b)Good
Earth’s accounts receivables before, on or after the Effective Date;

 

(c)Good
Earth’s rights under or pursuant to this Agreement (including, without limitation, Good Earth’s rights to the Purchase
Price (as defined in Section 3.1));

 

(d)Good
Earth’s insurance policies and any proceeds paid therefrom;

 

(e)Good
Earth’s general ledger and accounting records;

 

(f)the
Excluded Collateral; and

 

(g)any
contract, whether express or implied, to which either Good Earth or eFleets are a party.

 

		3.	Purchase Price

 

3.1.Amount
of Purchase Price. In consideration for the purchase of the Purchased Collateral, Purchaser agrees to pay a purchase price
of $2,280,000 (the “Purchase Price”). The Purchase Price shall be paid as follows:

 

(a)The
release, as of the Effective Date, by Purchaser, as the assignee of the Zeus $750,000 Note, of all outstanding principal and interest
owed by Good Earth pursuant to the Zeus $750,000 Note which outstanding principal and interest as of the Effective Date equals
$987,423.00;

 

    	5

    	 

    

 

 

(b)The
release, as of the Effective Date, by Purchaser, as the assignee of the First Group Notes, of all outstanding principal and interest
owed by Good Earth pursuant to the First Group Notes which outstanding principal and interest as of the Effective Date equals
$692,100.27;

 

(c)Purchaser’s
advances in the total amount of $374,688.00 as described in Section 1.3 which advances have been paid to Good Earth prior to the
Effective Date;

 

(d)$85,000
paid to Good Earth by wire transfer on the Effective Date; and

 

(e)$140,788.73
paid to Good Earth by wire transfer on the later of April 1, 2015 or completion of the Post Closing Deliverables (as defined in
Section 6.3) to the reasonable satisfaction of Purchaser.

 

3.2.Termination
of Zeus Financing Statement. Upon completion of the Post Closing Deliverables to the reasonable satisfaction of Purchaser
and provided that neither Good Earth nor eFleets have breached any of their respective representations and warranties in this
Agreement, Good Earth shall be authorized to file a UCC Financing Statement Amendment to terminate the Zeus Financing Statement.

 

3.3.Excluded
Liabilities. Purchaser does not assume any liabilities, contracts, commitments or other obligations of Good Earth or eFleets,
whether direct or indirect, absolute or contingent, accrued or unaccrued, due or to become due, liquidated or unliquidated (the
“Excluded Liabilities”).

 

3.4.Retained
Liabilities. Purchaser shall not assume and shall have no liability or obligation for, any obligations, commitments or liabilities
of Good Earth or eFleets, whether known or unknown, accrued or not accrued, fixed or contingent, including but not limited to
(a) costs and expenses of Good Earth and eFleets incurred in the negotiation of this Agreement and carrying out the transactions
contemplated hereby, including any finder, banker, banker and legal fees; and (b) obligations, commitments or liabilities of Good
Earth or eFleets arising under or from or relating to (i) any contract or purchase order; (ii) any Taxes, including without limitation,
Taxes attributable to Good Earth’s business; (iii) any litigation, arbitration, investigation, proceeding or claim
pertaining to the Purchased Collateral, to the extent based on a cause of action arising prior to the Closing, whether such litigation,
arbitration, investigation, proceeding or claim commences before or after the Closing; (iv) any litigation, arbitration,
investigation, proceeding or claim pertaining to Good Earth or Good Earth’s business, to the extent based on a cause of
action arising at any time, whether such litigation, arbitration, investigation, proceeding or claim commences before, on or after
the Closing; (v) Good Earth’s employees or other service providers, including without limitation, provision of benefits
or payment for employment or services, paid time off or severance; (vi) Good Earth’s accounts payable or amounts owing to
vendors, licensors, creditors or other Persons; and (vii) the Excluded Assets (collectively, the “Retained Liabilities”).
All Retained Liabilities are Excluded Liabilities. For purposes of this Agreement, “Person” means any individual,
corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization or governmental
entity; and “Taxes” means any federal, state, county, local or foreign taxes, charges, fees, levies, or other
assessments, including but not limited to all net income, gross income, sales and use, transfer, gains, profits, excise, franchise,
real and personal property, gross receipt, capital stock, production, business and occupation, disability, employment, payroll,
license, estimated, stamp, custom duties, severance or withholding taxes or charges imposed by a governmental entity, and includes
any interest and penalties (civil or criminal) on or additions to any such taxes.

 

3.5.Allocation
of the Purchase Price. The Purchase Price shall be allocated among each item or class of the Purchased Collateral as follows:
$23,112 as Class V Assets, $50,000 as Class VI Assets, and $2,206,888 as Class VII Assets, as such asset classes are designated
on Form 8594 of the Internal Revenue Service. Good Earth and Purchaser agree that they will prepare and file their federal and
any state or local income tax returns based on such allocation of the Purchase Price. Good Earth and Purchaser agree that they
will prepare and file any notices or other filings required pursuant to Section 1060 of the Internal Revenue Code of 1986, as
amended, and that any such notices or filings will be prepared based on such allocation of the Purchase Price.

 

3.6.Certain
Taxes and Expenses. Purchaser shall pay all sales, use, transfer, documentary stamp and other similar taxes and all recording,
filing and other fees and costs with respect to the sale and purchase of the Purchased Collateral (other than any federal or state
income tax on any gain recognized by Good Earth on the sale of the Purchased Collateral). Good Earth and Purchaser shall each
bear its respective accounting, legal, financial advisory and other expenses incurred in connection with the transactions contemplated
by this Agreement.

 

    	6

    	 

    

 

 

		4.	Mutual Representations and Warranties

 

Each
Party represents and warrants to the other Party that the following representations and warranties as to such Party are true,
accurate and complete as of the date hereof:

 

4.1.Organization
and Good Standing. Purchaser is a corporation duly incorporated, validly existing and in good standing under the laws of the
State of Georgia. Good Earth is a corporation duly incorporated and in good standing under the laws of the State of Delaware.
eFleets is a corporation duly incorporated and in good standing under the laws of the State of Nevada. Each Party has all requisite
power and authority to execute and deliver and perform its obligations under this Agreement.

 

4.2.Authorization.
The execution and delivery of this Agreement and performance by each Party of its obligations hereunder, and all transactions
contemplated hereby, have been duly and validly authorized by all necessary action on the part of such Party. This Agreement has
been, and the other agreements and documents required to be delivered by each Party in accordance with the provisions hereof will
be, duly executed and delivered on behalf of each Party; and this Agreement constitutes, and such agreements and documents when
executed and delivered will constitute, the valid and binding obligations of such Party, enforceable in accordance with their
respective terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization or similar laws from
time to time in effect affecting creditor’s rights generally and by legal and equitable limitations on the availability
of specific remedies.

 

4.3.Conflicts
with Other Agreements. The execution and delivery by each Party of this Agreement and the performance by each Party of its
obligations hereunder and the consummation of the transactions contemplated hereby will not conflict with or result in a breach
of or constitute a default under the Party’s organizational documents or under any contract, license, indenture, loan agreement,
restriction, Encumbrance (as defined below) or other obligation or liability to which such Party is a party or by which such Party
is affected or bound. For purposes of this Agreement, the term “Encumbrance” means liens, encumbrances, claims,
charges, options, security interests, pledges, rights of first refusal, or other title retention agreements or restrictions of
any kind whatsoever.

 

		5.	Parent/Subsidiary Relationship of eFleets and Good
Earth

 

Good Earth and eFleets hereby represent
and warrant to Purchaser that all operations of the business of the design, engineering, assembly, marketing and sale of the Firefly
vehicle (the “Firefly Business”) are conducted solely through Good Earth as between Good Earth and eFleets and
no assets relating to the Firefly Business are held directly by eFleets.

 

		6.	Closing; Closing Deliverables

 

6.1.Timing
of Closing. The closing of the transactions contemplated hereby shall take place upon the execution of this Agreement (the
“Closing”), by electronic mail, facsimile transmission, United States mail and/or overnight courier. On or
promptly after the Closing, the Parties shall send the originally executed signature pages of this Agreement and all other documents
required pursuant hereto to the other Party or their counsel.

 

6.2.Closing
Deliverables. At the Closing, (a) Good Earth shall deliver to Purchaser: (i) a Bill of Sale executed by Good Earth evidencing
conveyance of the Purchased Collateral to Purchaser; (ii) an Assignment of Trademark Rights in the form attached hereto as Attachment
B (the “Trademark Assignment”) executed by Good Earth evidencing conveyance of the trademark registrations
in the United States for the word marks “FIREFLY” and “FIREFLY ESV;” (iii) any other documents necessary
for the transfer and proper recordation of ownership to Purchaser of the Purchased Collateral, each as duly executed by Good Earth;
and (iv) such other documents as Purchaser may reasonably request; and (b) Purchaser shall deliver to Good Earth $85,000 by wire
transfer.

 

    	7

    	 

    

 

 

6.3.Post
Closing Deliverables. At all times after the Closing, Good Earth will make the following available to Purchaser at Good Earth’s
location at 7660 Pebble Drive, Fort Worth, Texas 76118 (the “Post Closing Deliverables”):

 

(i)All Collateral;

 

(ii)The opportunity
to interview each employee of Good Earth and eFleets for Purchaser to assess the Intellectual Property that such employee has created
for Good Earth; and

 

(iii)Transfer
of the registrations for the Good Earth Domains into Purchaser’s name.

 

6.4.Good
Earth’s Permitted Use of Collateral During the Permitted Use Period. After the Closing and through and until April 24,
2015 (the “Permitted Use Period”), Purchaser hereby grants to Good Earth a limited right and license to use
the Purchased Collateral solely for the following limited purposes:

 

(i)Completion
of assembly of six (6) Firefly vehicles to fulfill two purchase orders pending as of the Effective Date; and

 

(ii)The continuation
of engineering activity on the current Firefly model.

 

The above limited right and license during
the Permitted Use Period is referred to herein as the “Limited Use Right.” The Equipment may remain in its current
location as of the Effective Date until the expiration of the Permitted Use Period at no charge to Purchaser, Good Earth or eFleets.
Neither Good Earth nor eFleets have any right or license, implied or otherwise, to use the Purchased Collateral except as expressly
provided in the Limited Use Right. In consideration of Purchaser granting the Limited Use Right to Good Earth during the Permitted
Use Period, Good Earth hereby automatically assigns, without additional consideration or any action required by Purchaser, Good
Earth or eFleets, all right, title and interest in and to all data, documentation, presentations, illustrations, software code
(in any form) and other copyrightable works and any other intellectual property that is created during the Permitted Use Period
by Good Earth or eFleets or any of their respective employees or independent contractors. Upon the expiration of the Permitted
Use Period on April 24, 2015, Good Earth and eFleets shall cease use of any of the Purchased Collateral including, but not limited
to, the trademarks assigned pursuant to this Agreement.

 

		7.	Covenants

 

7.1.Further
Assurances. Upon the request of any of the Parties hereto, the other Parties so requested will execute and deliver to the
requesting Party, or such Party’s nominee, all such instruments and documents of further assurance or otherwise, and will
do any and all such acts and things as may reasonably be required to carry out the obligations of such Party hereunder and to
more effectively consummate the transactions contemplated hereby. Each Party shall provide the other Parties with access to all
relevant documents and other information pertaining to the Purchased Collateral that are needed by such other Party for the purposes
of prosecuting or maintaining the Registered Intellectual Property, preparing Tax Returns or responding to an audit by any governmental
authority, third party claim, or for any other reasonable purpose.

 

7.2.Negative
Covenants. Neither Good Earth nor eFleets will take any action of any kind to prevent, limit or restrict Purchaser from (i)
hiring any employee or independent contractor of Good Earth or eFleets at any time, (ii) soliciting sales of the Firefly vehicle
and the fulfillment of such sales; or (iii) establishing relationships with dealers of the Firefly vehicle.

 

		8.	Miscellaneous Provisions

 

8.1.Expenses.
Each of the Parties shall pay its own respective costs and expenses incurred or to be incurred by it in the negotiation and preparation
of this Agreement and carrying out the transactions contemplated by this Agreement, including legal fees and expenses.

 

    	8

    	 

    

 

 

8.2.Assignment.
The rights and obligations of the Parties to this Agreement or any interest in this Agreement shall not be assigned, transferred,
hypothecated, pledged or otherwise disposed of without the prior written consent of the nonassigning Party which consent may be
withheld in such Party’s sole discretion.

 

8.3.Applicable
Law; Arbitration. This Agreement and any documents or instruments delivered in connection herewith shall be governed and construed
according to the internal laws of the State of Georgia. Disputes arising out of, relating to or in connection with this Agreement
will be finally settled by binding arbitration in accordance with the Rules of Arbitration of the American Arbitration Association
in force at the time of the dispute; provided, however, that in the event any dispute is related to the Intellectual Property,
Purchaser shall have the option to seek relief from any court having jurisdiction over the Parties. If any action or proceeding
is commenced to enforce or interpret any provision of this Agreement, the prevailing Party in any such action or proceeding shall
be entitled to recover its reasonable attorneys’ fees, expert witness fees, costs of suit and expenses, in addition to any
other relief to which such prevailing Party may be entitled, payable by the non-prevailing Party. The location of any arbitration
proceeding shall be Atlanta, Georgia and such proceeding will be conducted before one arbitrator.

 

8.4.Severability.
If any provision of this Agreement is held to be unenforceable under applicable law, the Parties agree to renegotiate such provision
in good faith. If the Parties cannot reach a mutually agreeable and enforceable replacement for such provision, then such provision
shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded
and shall be enforceable in accordance with its terms.

 

8.5.Warranty
Disclaimer. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, THE PURCHASED COLLATERAL IS BEING SOLD “AS IS”
AS OF THE EFFECTIVE DATE. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, NEITHER GOOD EARTH NOR EFLEETS OR THEIR RESPECTIVE
DIRECTORS, OFFICERS OR EMPLOYEES HAVE MADE ANY REPRESENTATION OR WARRANTY OF ANY KIND CONCERNING THE PURCHASED COLLATERAL OR ITS
FITNESS FOR ANY PURPOSE WHATSOEVER, AND ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND OTHER IMPLIED
WARRANTIES OF WHATEVER KIND ARE HEREBY EXPRESSLY DISCLAIMED AND EXCLUDED BY GOOD EARTH AND EFLEETS AND THEIR RESPECTIVE DIRECTORS,
OFFICERS AND EMPLOYEES.

 

8.6.Notices.
Unless otherwise provided, any notice required under this Agreement shall be given in writing (or email if expressly permitted
in this Agreement) and shall be deemed effectively given (a) upon personal delivery to the Party to be notified, (b) twenty four
(24) hours after confirmed facsimile transmission, (c) one (1) business day after deposit with a recognized overnight courier
or (d) three (3) business days after deposit with the U.S. Postal Service by certified or registered mail, return receipt requested,
postage prepaid and addressed to the address set forth on the signature page hereto, or such other address as a Party shall have
furnished to the other Party in writing upon ten (10) days’ notice. Email notice that is expressly permitted in this Agreement
shall be deemed delivered when sent to the email address indicated below each Party’s signature to this Agreement.

 

8.7.Headings;
Counterparts; Facsimile and Electronic Signatures. The section headings in this Agreement are inserted only as a matter of
convenience and in no way define, limit, construe or describe the scope or extent of such section or in any way affect such section.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument. Counterparts may be delivered via facsimile or electronic mail (including pdf) and
any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

 

8.8.Entire
Agreement; Amendment. This Agreement, together with all attachments hereto, constitutes the entire agreement among the Parties
pertaining to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations
and discussions, whether oral or written, of the Parties. This Agreement may be amended only by written instrument signed by both
Parties hereto.

 

    	9

    	 

    

 

 

IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be duly executed and delivered as of the Effective Date.

 

	
        GOOD
        EARTH:

         

        Good
        Earth Energy Conservation, Inc.

         

        By:/s/ James R. Emmons

         

        Name:James R. Emmons 

        Its:CEO

         

        

        

        Address: 

        7660 Pebble Drive

        

        Fort Worth, Texas 76118 

        email: james.emmons@goodearthec.com

         

         

        

        EFLEETS:

         

        eFleets Corporation

         

        By:/s/ James R. Emmons

         

        Name:James R. Emmons 

        Its:CEO

         

        

        

        Address:

        

        7660 Pebble Drive

        

        Fort Worth, Texas 76118

        

        email: james.emmons@goodearthec.com

         

         

        

        PURCHASER

         

	
        DFW-USA, Inc.

         

        By:/s/ Michael R. Greenlee

         

        Name:Michael R. Greenlee

        

        Its:CEO

         

        Address:

        

        11605 Haynes Bridge Rd, STE 150

        

        Alpharetta, Georgia 30009

        

        email: mike@7707090070.com

         

         

         

 

    	10

    	 

    

 

 

Attachment A

 

 

 

Zeus Financing Statement

 

 

 

(see attached)

 

    	 

    	 

    

 

 

  

 

    	 

    	 

    

 

 

 

    	 

    	 

    

 

Attachment B

 

ASSIGNMENT OF TRADEMARK RIGHTS 

 

For good and valuable consideration, the
receipt of which is hereby acknowledged, Good Earth Energy Conservation, Inc., a Delaware corporation, having an office at 7660
Pebble Drive, Fort Worth, Texas 76118 (“Assignor”), does hereby sell, assign, transfer and convey unto
DFW-USA, Inc., a Georgia corporation having a primary place of business at 11605 Haynes Bridge Road, Suite 150, Alpharetta, Georgia
30009 (“Assignee”) or its designees, all of Assignor’s entire right, title and interest in and
to the trademark registrations listed below, including all goodwill of the business associated with and symbolized thereby (collectively
“Trademark Rights”): 

 

	Office	Registration Date	Registration Number	Mark
	United States of America	10/16/2012	4225821	FIREFLY ESV
	United States of America	5/17/2011	77918266	FIREFLY

 

In addition, Assignor agrees to and hereby does sell, assign,
transfer and convey unto Assignee all rights (i) in and to causes of action and enforcement rights for the Trademark Rights including
all rights to pursue damages, injunctive relief and other remedies for past, present and future infringement of the Trademark Rights,
and (ii) the right to apply (or continue prosecution) in any and all countries of the world for the Trademark Rights.

 

Assignor further covenants and agrees that it will upon request,
execute and deliver to Assignee any other reasonably requested documents and materials that Assignee reasonably believes are necessary
for Assignee to perfect its title, or otherwise enforce its rights, in the Trademark Rights.

 

Assignor also hereby authorizes the respective trademark office
or governmental agency in each jurisdiction to issue any and all trademark registrations or equivalent which may be granted upon
any of the Trademark Rights in the name of Assignee, as the assignee to the entire interest therein.

 

 

 

 

 

 

 

(continued on next page)

 

    	 

    	 

    

 

 

The terms and conditions of this Assignment shall inure to the
benefit of Assignee, its successors, assigns and other legal representatives, and shall be binding upon Assignor, its successor,
assigns and other legal representatives.

 

IN WITNESS WHEREOF this Assignment of Trademark Rights is executed
at 7660 Pebble Drive, Fort Worth, Texas 76118 on March 24, 2015.

 

 

 

ASSIGNOR

 

GOOD EARTH ENERGY CONSERVATION, INC.

 

By:/s/ James R. Emmons

Name:James R. Emmons

Title:CEO

 

 

(Signature MUST be notarized)

 

 

Sworn to and subscribed before me this

24th day of March, 2015.

 

 

/s/ Notary

 

Notary Public

 

My Commission Expires: ____________SECURITIES
PURCHASE AGREEMENT

 

This
SECURITIES PURCHASE AGREEMENT (the “Agreement”) is dated as of _____ ___, 20__ by and among chatAND,
Inc., a Nevada corporation (the “Company”), and each of the purchasers identified on the signature pages
hereto and such purchasers’ respective successors and assigns (individually, a “Purchaser” and
collectively, the “Purchasers”).

 

The
parties hereto agree as follows:

 

Article
I.

Purchase
and Sale of COMMON Stock

 

Section
1.01 Purchase and Sale of Stock. Upon the following terms and conditions, the Company shall issue and sell to each Purchaser,
and each Purchaser shall, severally and not jointly, purchase from the Company, that number of shares of the Company’s common
stock, par value $0.0001 per share (the “Common Stock”), as is set forth on each such Purchaser’s
signature page hereto (collectively, the “Shares”), at a price per share equal to $0.20 (the “Per
Share Purchase Price”). The Company and the Purchasers are executing and delivering this Agreement in accordance
with and in reliance upon the exemption from securities registration afforded by Rule 506 of Regulation D (“Regulation
D”) as promulgated by the United States Securities and Exchange Commission (the “Commission”)
under the Securities Act of 1933, as amended (the “Securities Act”). The maximum number of shares of
Common Stock to be issued and sold by the Company pursuant to this Agreement is 1,250,000 shares of Common Stock for aggregate
gross proceeds of up to $250,000. Each Purchaser acknowledges and agrees that there is no minimum number of shares of Common Stock
required to be issued and sold by the Company hereunder and, accordingly, the Closing (as defined below), is not conditional upon
any minimum number of shares of Common Stock being issued and sold hereunder.

 

Section
1.02 Warrants. The Company agrees to issue to each Purchaser a Warrant in substantially the form attached hereto as Exhibit
A (each a “Warrant” and collectively, the “Warrants”), to purchase that
number of shares of Common Stock as is equal to one-hundred percent (100%) of the number of Shares purchased by each such Purchaser
hereunder. The Warrants shall have an initial term of five (5) years from their issuance date and shall have an initial exercise
price per share equal to $0.24.

 

Section
1.03 Warrant Shares. The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive
rights and other similar contractual rights of stockholders, that number of shares of Common Stock equal to one hundred percent
(100%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the exercise of all of the Warrants
then outstanding. Any shares of Common Stock issuable upon exercise of the Warrants (and such shares when issued) are herein referred
to as the “Warrant Shares”. The Shares, the Warrants and the Warrant Shares are sometimes collectively
referred to as the “Securities.”

 

Section
1.04 Closing. The closing of the purchase and sale of the Shares and the Warrants hereunder (the “Closing”)
shall occur concurrently with the execution of this Agreement by the Company and the Purchasers. In particular, immediately following
execution of this Agreement by the Purchasers and the Company, each Purchaser shall transmit to the Company, via wire transfer
of immediately available funds, such Purchaser’s total purchase price hereunder (with respect to each Purchaser, the “Individual
Purchase Price”), and the Company shall deliver an originally executed Warrant to each Purchaser to acquire that
number of shares of Common Stock as is set forth on such Purchaser’s signature page hereto and irrevocably instruct the
Company’s transfer agent to deliver to each Purchaser a stock certificate for the number of Shares purchased hereunder by
each such Purchaser.

 

    	 

    	 

    

 

Article
II.

Representations
and Warranties

 

Section
2.01 Representations and Warranties of the Company. The Company hereby represents and warrants to the Purchasers, as of
the date hereof, as follows:

 

(a)
Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing
under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets
and to conduct its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business
and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such
qualification necessary except for any jurisdiction(s) (alone or in the aggregate) in which the failure to be so qualified will
not have material adverse effect on the business, operations, assets, properties, prospects or financial condition of the Company
and its subsidiaries, taken as a whole, and/or any condition, circumstance, or situation that would prohibit or otherwise interfere
with the ability of the Company to perform any of its obligations under the Transaction Documents in any material respect (each,
a “Material Adverse Effect”). 

 

(b)
Authorization; Enforcement. The Company has the requisite corporate power and authority to enter into and perform this
Agreement and the Warrants (collectively, the “Transaction Documents”) and to issue and sell the Shares
and the Warrants in accordance with the terms hereof and otherwise carry out its obligations thereunder. The execution, delivery
and performance of the Transaction Documents by the Company and the consummation by it of the transactions contemplated hereby
and thereby have been duly and validly authorized by all necessary corporate action, and no further consent or authorization of
the Company or its Board of Directors or stockholders is required. The Transaction Documents have been duly executed and delivered
by the Company. Each of the Transaction Documents constitutes a valid and binding obligation of the Company enforceable against
the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium, liquidation, conservatorship, receivership or similar laws relating to, or affecting generally the enforcement of,
creditor’s rights and remedies or by other equitable principles of general application.

 

(c)
Issuance of Shares. The Shares and the Warrants to be issued at the Closing have been duly authorized by all necessary
corporate action and the Shares, when paid for or issued in accordance with the terms hereof, shall be validly issued and outstanding,
fully paid and nonassessable. When the Warrant Shares are issued in accordance with the terms of the Warrants, such shares will
be duly authorized by all necessary corporate action and validly issued and outstanding, fully paid and nonassessable, and the
holders shall be entitled to all rights accorded to a holder of Common Stock.

 

(d)
No Conflicts. The execution, delivery and performance of the Transaction Documents by the Company, the performance by the
Company of its obligations under the Warrants and the consummation by the Company of the transactions contemplated herein and
therein do not and will not (i) conflict with or violate any provision of the Company’s Articles of Incorporation or Bylaws,
(ii) conflict with, or constitute a default (or an event which with notice or lapse of time or both would become a default) under,
or give to others any rights of termination, amendment, acceleration or cancellation of, any agreement, mortgage, deed of trust,
indenture, note, bond, license, lease agreement, instrument or obligation to which the Company is a party or by which it or its
properties or assets are bound, (iii) create or impose a lien, mortgage, security interest, charge or encumbrance of any nature
on any property of the Company under any agreement or any commitment to which the Company is a party or by which the Company is
bound or by which any of its properties or assets are bound or (iv) result in a violation of any federal, state, local or foreign
statute, rule, regulation, order, judgment or decree (including federal and state securities laws and regulations) applicable
to the Company or by which any property or asset of the Company are bound or affected, except, in all cases other than violations
pursuant to clause (i) above, for such conflicts, defaults, terminations, amendments, accelerations, cancellations and violations
as would not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect.

 

    	- 2 -

    	 

    

 

(e)
Commission Documents, Financial Statements. The Common Stock of the Company is registered pursuant to Section 12(b) or
12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Company has timely
filed all reports, schedules, forms, statements and other documents required to be filed by it with the Commission pursuant to
the reporting requirements of the Exchange Act, including material filed pursuant to Section 13(a) or 15(d) of the Exchange Act
from January 1, 2011 through the date hereof (all of the foregoing including filings incorporated by reference therein being referred
to herein as the “Commission Documents”). At the times of their respective filings, the Commission Documents
complied in all material respects with the requirements of the Exchange Act and the rules and regulations of the Commission promulgated
thereunder and other federal, state and local laws, rules and regulations applicable to such documents and, as for their respective
dates, none of the Commission Documents contained any untrue statement of a material fact or omitted to state a material fact
required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which
they were made, not misleading. The financial statements of the Company included in the Commission Documents comply as to form
in all material respects with applicable accounting requirements and the published rules and regulations of the Commission or
other applicable rules and regulations with respect thereto. Such financial statements have been prepared in accordance with United
States generally accepted accounting principles applied on a consistent basis during the periods involved (except (i) as may be
otherwise indicated in such financial statements or the notes thereto or (ii) in the case of unaudited interim statements, to
the extent they may not include footnotes or may be condensed or summary statements), and fairly present in all material respects
the financial position of the Company and its subsidiaries as of the dates thereof and the results of operations and cash flows
for the periods then ended (subject, in the case of unaudited statements, to normal year-end audit adjustments).

 

Section
2.02 Representations and Warranties of the Purchasers. Each of the Purchasers hereby makes the following representations
and warranties to the Company with respect solely to itself and not with respect to any other Purchaser:

 

(a)
Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability
company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction
of its incorporation or organization. 

 

(b)
Authorization and Power. Each Purchaser has the requisite power and authority to enter into and perform this Agreement
and to purchase the Securities being sold to it hereunder. The execution, delivery and performance of this Agreement by such Purchaser
and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate or partnership
action, and no further consent or authorization of such Purchaser or its Board of Directors, stockholders, or partners, as the
case may be, is required. This Agreement has been duly authorized, executed and delivered by such Purchaser and constitutes, or
shall constitute when executed and delivered, a valid and binding obligation of the Purchaser enforceable against the Purchaser
in accordance with the terms thereof, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium, liquidation, conservatorship, receivership or similar laws relating to, or affecting generally the enforcement of,
creditor’s rights and remedies or by other equitable principles of general application.

 

    	- 3 -

    	 

    

 

(c)
Purchase For Own Account. Each Purchaser is acquiring the Securities solely for its own account and not with a view to
or for sale in connection with distribution. Each Purchaser does not have a present intention to sell the Shares or the Warrants,
nor a present arrangement (whether or not legally binding) or intention to effect any distribution of the Shares or the Warrants
to or through any person or entity; provided, however, that by making the representations herein and subject to
Section 2.02(g) below, such Purchaser does not agree to hold the Shares or the Warrants for any minimum or other specific term
and reserves the right to dispose of the Shares or the Warrants at any time in accordance with federal and state securities laws
applicable to such disposition. Each Purchaser acknowledges that it is able to bear the financial risks associated with an investment
in the Securities and that it has been given full access to such records of the Company and its subsidiaries and to the officers
of the Company and its subsidiaries and received such information as it has deemed necessary or appropriate to conduct its due
diligence investigation and has sufficient knowledge and experience in investing in companies similar to the Company in terms
of the Company’s stage of development so as to be able to evaluate the risks and merits of its investment in the Company.

 

(d)
Status of Purchasers. Such Purchaser is an “accredited investor” as defined in Regulation D promulgated under
the Securities Act. Such Purchaser is not required to be registered as a broker-dealer under Section 15 of the Exchange Act and
such Purchaser is not a broker-dealer. 

 

(e)
Opportunities for Additional Information. Each Purchaser acknowledges that such Purchaser has had the opportunity to ask
questions of and receive answers from, or obtain additional information from, the executive officers of the Company concerning
the financial and other affairs of the Company, and to the extent deemed necessary in light of such Purchaser’s personal
knowledge of the Company’s affairs, such Purchaser has asked such questions and received answers to the full satisfaction
of such Purchaser, and such Purchaser desires to invest in the Company. Neither such inquiries nor any other investigation conducted
by or on behalf of such Purchaser or its representatives or counsel shall modify, amend or affect such Purchaser’s right
to rely on the truth, accuracy and completeness of the Company’s representations and warranties contained in the Transaction
Documents.

 

(f)
No General Solicitation. Each Purchaser acknowledges that the Shares and the Warrants were not offered to such Purchaser
by means of any form of general or public solicitation or general advertising, or publicly disseminated advertisements or sales
literature, including (i) any advertisement, article, notice or other communication published in any newspaper, magazine, or similar
media, or broadcast over television or radio or (ii) any seminar or meeting to which such Purchaser was invited by any of the
foregoing means of communications.

 

(g)
Rule 144. Such Purchaser understands that the Securities must be held indefinitely unless such Shares or Warrants are registered
under the Securities Act or an exemption from registration is available. Such Purchaser acknowledges that such Purchaser is familiar
with Rule 144 of the rules and regulations of the Commission, as amended, promulgated pursuant to the Securities Act (“Rule
144”), and that such person has been advised that Rule 144 permits resales only under certain circumstances. Such
Purchaser understands that to the extent that Rule 144 is not available, such Purchaser will be unable to sell any Shares or Warrants
without either registration under the Securities Act or the existence of another exemption from such registration requirement.

 

(h)
General. Such Purchaser understands that the Securities are being offered and sold in reliance on a transactional exemption
from the registration requirement of federal and state securities laws and the Company is relying upon the truth and accuracy
of the representations, warranties, agreements, acknowledgments and understandings of such Purchaser set forth herein in order
to determine the applicability of such exemptions and the suitability of such Purchaser to acquire the Securities.

 

    	- 4 -

    	 

    

 

(i)
Governmental Review. The Purchaser understands that no United States federal or state agency or any other government or
governmental agency has passed upon or made any recommendation or endorsement of the Shares or the Warrants.

 

(j)
Independent Investment. Except as may be disclosed in any filings with the Commission by the Purchasers under Section 13
and/or Section 16 of the Exchange Act, no Purchaser has agreed to act with any other Purchaser for the purpose of acquiring, holding,
voting or disposing of the Securities purchased hereunder for purposes of Section 13(d) under the Exchange Act, and each Purchaser
is acting independently with respect to its investment in the Securities. 

 

Article
III.

OTHER
AGREEMENTS OF THE PARTIES

 

Section
3.01 Transfer Restrictions.

 

(a)
The Purchasers covenant that the Securities will only be disposed of pursuant to an effective registration statement under, and
in compliance with the requirements of, the Securities Act or pursuant to an available exemption from the registration requirements
of the Securities Act, and in compliance with any applicable state securities laws. In connection with any transfer of Securities
other than pursuant to an effective registration statement or to the Company, or pursuant to Rule 144 at such time that the Company
is not required to be in compliance with Rule 144(c) and any other limitations or requirements set forth in Rule 144, the Company
may require the transferor to provide the Company with an opinion of counsel selected by the transferor, the form and substance
of which opinion shall be reasonably satisfactory to the Company, to the effect that such transfer does not require registration
under the Securities Act.

 

(b)
The Purchasers agree to the imprinting of the following legend on any certificate evidencing any of the Securities (in addition
to any legend required by applicable state securities or “blue sky” laws): 

 

THESE
SECURITIES REPRESENTED BY THIS CERTIFICATE (THE “SECURITIES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE
DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR THE COMPANY SHALL HAVE RECEIVED
AN OPINION OF COUNSEL THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE
SECURITIES LAWS IS NOT REQUIRED.

 

Section
3.02 Integration. The Company shall not sell, offer for sale or solicit offers to buy or otherwise negotiate in respect
of any security (as defined in Section 2 of the Securities Act) that would be integrated with the offer or sale of the Shares
and Warrants in a manner that would require the registration under the Securities Act of the sale of the Shares and Warrants to
the Purchasers.

 

Section
3.03 Securities Laws Disclosure; Publicity. The Company shall, at or before 5:30 p.m., New York time, on the fourth business
day following execution of this Agreement, file a Current Report on Form 8-K with the Commission describing the terms of the transactions
contemplated by the Transaction Documents and including as exhibits to such Current Report on Form 8-K the Transaction Documents,
in the form required by the Exchange Act. Thereafter, the Company shall timely file any filings and notices required by the Commission
or applicable state law with respect to the transactions contemplated hereby and provide copies thereof to the Purchasers upon
request.

 

    	- 5 -

    	 

    

 

Section
3.04 Purchase Price Reset.

 

(a)
Until the date that is twelve months after the date hereof, in the event that the Company issues or sells any shares of Common
Stock or any Common Stock Equivalent (as defined below) pursuant to which shares of Common Stock may be acquired at a price less
than the Base Price (as defined below) (subject to appropriate adjustments for any stock dividend, stock split, stock combination,
reclassification or similar transaction after the date hereof) (such lower price, the “Lower Price”
and such issuances, collectively, a “Dilutive Issuance”), then the Company shall promptly issue such
number of additional shares of Common Stock to each Purchaser, for no additional consideration, equal to the product of (A) a
fraction the numerator of which is the Base Price and the denominator of which is the Lower Price and (B) the number of Shares
then held by the Purchaser plus the number of shares of Common Stock previously issued to such Purchaser pursuant to this Section
3.04(a) then held by the Purchaser (each such additional issuance of shares of Common Stock, a “Dilution Adjustment”).
Such Dilution Adjustment shall be made successively whenever such a Dilutive Issuance is made. Notwithstanding the foregoing,
this Section 3.04(a) shall not apply in respect of an Exempt Issuance (as defined below). No fractional shares shall be issued
as a result of this Section 3.04(a) and any fractional shares shall be rounded down to the nearest whole number.

 

(b)
For the purposes of this Agreement:

 

(i)
“Affiliate” of any Person means any other Person directly or indirectly controlling, controlled by or
under direct or indirect common control with such Person.

 

(ii)
“Base Price” means, initially, the Per Share Purchase Price and after each Dilution Adjustment, the
Lower Price that resulted in such Dilution Adjustment.

 

(iii)
“Common Stock Equivalent” means any securities of the Company which would entitle the holder thereof
to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other
instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to
receive, Common Stock.

 

(iv)
“Exempt Issuance” means the issuance of (A) shares of Common Stock or options to employees, officers,
consultants or directors of the Company pursuant to any stock option plan of the Company in effect on the date hereof on the terms
in effect on the date hereof, (B) securities upon the exercise or exchange of or conversion of any Securities issued hereunder,
(C) Common Stock Equivalents issued and outstanding on the date of this Agreement, provided that such Common Stock Equivalents
have not been amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price,
exchange price or conversion price of such securities and (D) securities issued in connection with a joint venture, merger, acquisition,
or consolidation of all or substantially all of the assets, securities or business division of another entity or other strategic
transaction so long as, in each case, such issuances are not for the principal purpose of raising capital.

 

(v)
“Person” means an individual or corporation, partnership, trust, incorporated or unincorporated association,
joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity
of any kind.

 

(vi)
“Principal Market” means whichever of the NYSE MKT, Nasdaq Capital Market, Nasdaq Global Market, Nasdaq
Global Select Market, Bulletin Board, New York Stock Exchange or any over-the-counter bulletin board service maintained by OTC
Markets Group Inc. is at the time the principal trading exchange or market for the Common Stock.

 

    	- 6 -

    	 

    

 

Article
IV.

Miscellaneous

 

Section
4.01 Fees and Expenses. Except as otherwise set forth in this Agreement and the other Transaction Documents, each party
shall pay the fees and expenses of its advisors, counsel, accountants and other experts, if any, and all other expenses, incurred
by such party incident to the negotiation, preparation, execution, delivery and performance of this Agreement. The Company shall
pay all stamp or other similar taxes and duties levied in connection with issuance of the Shares and the Warrants pursuant hereto.

 

Section
4.02 Specific Enforcement, Consent to Jurisdiction.

 

(a)
The Company and the Purchasers acknowledge and agree that irreparable damage would occur in the event that any of the provisions
of this Agreement or the other Transaction Documents were not performed in accordance with their specific terms or were otherwise
breached. It is accordingly agreed that the parties shall be entitled to seek an injunction or injunctions to prevent or cure
breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof or thereof, this being
in addition to any other remedy to which any of them may be entitled by law or equity. 

 

(b)
Each of the Company and the Purchasers (i) hereby irrevocably submits to the jurisdiction of the United States District Court
sitting in the Southern District of New York and the courts of the State of New York located in New York County for the purposes
of any suit, action or proceeding arising out of or relating to this Agreement or any of the other Transaction Documents or the
transactions contemplated hereby or thereby and (ii) hereby waives, and agrees not to assert in any such suit, action or proceeding,
any claim that it is not personally subject to the jurisdiction of such court, that the suit, action or proceeding is brought
in an inconvenient forum or that the venue of the suit, action or proceeding is improper. Each of the Company and the Purchasers
consents to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address
in effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of
process and notice thereof. Nothing in this Section 4.02(b) shall affect or limit any right to serve process in any other manner
permitted by law. 

 

Section
4.03 Entire Agreement; Amendment. This Agreement (including all exhibits and schedules hereto) and the Transaction Documents
contain the entire understanding and agreement of the parties with respect to the matters covered hereby and, except as specifically
set forth herein or in the Transaction Documents, neither the Company nor any of the Purchasers makes any representations, warranty,
covenant or undertaking with respect to such matters and they supersede all prior understandings and agreements with respect to
said subject matter, all of which are merged herein. No provision of this Agreement may be waived or amended other than by a written
instrument signed by the Company and the Purchasers holding a majority of the Shares then outstanding and held by Purchasers.
No such amendment or waiver shall be effective to the extent that it applies to less than all of the holders of the Shares then
outstanding.

 

    	- 7 -

    	 

    

 

Section
4.04 Notices. Any notice, demand, request, waiver or other communication required or permitted to be given hereunder shall
be in writing and shall be effective (a) upon hand delivery, e-mail or facsimile at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to be received), or the first business day following
such delivery (if delivered other than on a business day during normal business hours where such notice is to be received) or
(b) on the second business day following the date of mailing by express courier service, fully prepaid, addressed to such address,
or upon actual receipt of such mailing, whichever shall first occur. The addresses for such communications shall be:

 

	 	(a)	If
    to the Company: 

 

	 	chatAND, Inc.
	 	5490 South Rainbow
    Blvd.
	 	Las Vegas, NV
    89118
	 	Attention: Michael
    Lebor, CEO
	 	Fax No.: 
	 	 
	 	with copies to:
    
	 	 
	 	Haynes and Boone,
    LLP
	 	30 Rockefeller
    Plaza, 26th Floor
	 	New York, New
    York 10112
	 	Attention: Rick
    A. Werner, Esq.
	 	Fax No.: (212)
    884-8234

 

	 	(b)	If
                                         to any Purchaser at the address of such Purchaser set forth on the signature pages hereto.

 

Any
party hereto may from time to time change its address for notices by giving at least ten (10) days written notice of such changed
address to the other party hereto.

 

Section
4.05 Waivers. No waiver by either party of any default with respect to any provision, condition or requirement of this
Agreement shall be deemed to be a continuing waiver in the future or a waiver of any other provisions, condition or requirement
hereof, nor shall any delay or omission of any party to exercise any right hereunder in any manner impair the exercise of any
such right accruing to it thereafter.

 

Section
4.06 Headings. The article, section and subsection headings in this Agreement are for convenience only and shall not constitute
a part of this Agreement for any other purpose and shall not be deemed to limit or affect any of the provisions hereof.

 

Section
4.07 Successors and Assigns; Restrictions on Transfer. This Agreement shall be binding upon and inure to the benefit of
the parties and their successors and assigns. The Company may not assign this Agreement or any rights or obligations hereunder
without the prior written consent of the Purchasers.

 

Section
4.08 No Third Party Beneficiaries. 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.

 

Section
4.09 Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State
of New York, without giving effect to any of the conflicts of law principles which would result in the application of the substantive
law of another jurisdiction. This Agreement shall not be interpreted or construed with any presumption against the party causing
this Agreement to be drafted. Each party hereby irrevocably waives, to the fullest extent permitted by applicable law, any and
all rights to a trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated
hereby.

 

    	- 8 -

    	 

    

 

Section
4.10 Survival. The representations and warranties of the Company and the Purchasers shall survive the execution and delivery
hereof and the Closing hereunder for the applicable statute of limitations period.

 

Section
4.11 Counterparts. This Agreement may be executed in any number of counterparts, each of which when so executed shall be
deemed to be an original and, all of which taken together shall constitute one and the same Agreement and shall become effective
when counterparts have been signed by each party and delivered to the other parties hereto, it being understood that all parties
need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission, such signature shall
create a valid binding obligation of the party executing (or on whose behalf such signature is executed) the same with the same
force and effect as if such facsimile signature were the original thereof.

 

Section
4.12 Severability. The provisions of this Agreement and the other Transaction Documents are severable and, in the event
that any court of competent jurisdiction shall determine that any one or more of the provisions or part of the provisions contained
in this Agreement or the other Transaction Documents shall, for any reason, be held to be invalid, illegal or unenforceable in
any respect, such invalidity, illegality or unenforceability shall not affect any other provision or part of a provision of this
Agreement or the other Transaction Documents and such provision shall be reformed and construed as if such invalid or illegal
or unenforceable provision, or part of such provision, had never been contained herein, so that such provisions would be valid,
legal and enforceable to the maximum extent possible.

 

Section
4.13 Further Assurances. From and after the date of this Agreement, upon the request of any Purchaser or the Company, each
of the Company and the Purchasers shall execute and deliver such instrument, documents and other writings as may be reasonably
necessary or desirable to confirm and carry out and to effectuate fully the intent and purposes of this Agreement, the Shares,
the Warrants and the Warrant Shares.

 

Section
4.14 Like Treatment of Purchasers. No consideration shall be offered or paid to any Purchaser to amend or consent to a
waiver or modification of any provision of any of the Transaction Documents unless the same consideration is also offered to all
of the Purchasers then holding Shares. Further, the Company shall not make any payments or issue any securities to the Purchasers
in amounts which are disproportionate to the respective numbers of outstanding Shares held by any Purchasers at any applicable
time. For clarification purposes, this provision constitutes a separate right granted to each Purchaser by the Company and negotiated
separately by each Purchaser, and is intended for the Company to treat the Purchasers as a class and shall not in any way be construed
as the Purchasers acting in concert or as a group with respect to the purchase, disposition or voting of the Shares, the Warrants
or otherwise.

 

[SIGNATURE
PAGES FOLLOWS]

 

    	- 9 -

    	 

    

 

Company
Signature Page

 

IN
WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an authorized signatory as of the date first above
written.

 

	 	chatAND,
    Inc.
	 	 	 
	 	By:	 
	 	Name:	Michael Lebor
	 	Title:	Chief Executive
    Officer

 

    	 

    	 

    

 

Purchaser
Signature Page

 

By
its execution and delivery of this signature page, the undersigned Purchaser hereby joins in and agrees to be bound by the terms
and conditions of the Securities Purchase Agreement dated as of _____ ___, 20__ (the “Purchase Agreement”)
by and among chatAND, Inc. and the Purchasers (as defined therein), as to the number of shares of Common Stock set forth below
and as to a Warrant to purchase the number of Warrant Shares (as defined therein) set forth below, and authorizes this signature
page to be attached to the Purchase Agreement or counterparts thereof.

 

	 	Name
    of Purchaser:
	 	 	 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	Address:	 
	 	 	 
	 	 	 
	 	 	 
	 	Telephone No.:	 
	 	 	 
	 	Facsimile No.:	 
	 	 	 
	 	Email Address:	 
	 	 	 
	 	Number of Shares:	 
	 	 	 
	 	Number of Warrant Shares:	 
	 	 	 
	 	Aggregate Purchase Price: $
    	 
	 	 	 
	 	Tax ID No.	 

 

Delivery Instructions (if different
than above):

 

	c/o:
    	 	 

 

	Address:
    	 	 
	 	 	 

 

	Telephone No.:
    	 	 
	 	 	 
	Facsimile No.
    : 	 	 

 

	Other Special Instructions:
    	 	 

 

    	 

    	 

    

 

EXHIBIT
A to the

SECURITIES
PURCHASE AGREEMENT FOR

chatAND,
INC.

 

FORM
OF WARRANT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00242-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00242-of-00352.parquet"}]]