Document:

EXHIBIT 10.2

ANNEX III                COMPANY
DISCLOSURE MATERIALS

$150,000
7% convertible note dated March 2016 convertible into common stock at a 40%
discount to the average market closing price for the 5 trading days preceding
conversion.

$500,000
convertible note convertible into approximately 1,250,000 shares of stock

1,920,000
warrants to acquire common stock for $300,000

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ANNEX IV                USE OF PROCEEDS            

Company
working capital

Monitoring
business

S-1
counsel retainer

-2-EXHIBIT 10.3 

 

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

 

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

 

 

10%
FIXED SECURED CONVERTIBLE PROMISSORY NOTE 

 

OF

 

HELIX
TCS, INC.

 

 

Issuance
Date: February 13, 2017

Total
Face Value of Note: $25,000

 

This
Note is a duly authorized Fixed Secured Convertible Promissory Note of Helix TCS, Inc. a corporation duly organized and
existing under the laws of the State of Delaware (the “Company”),
designated as the Company's 10% Fixed Secured Convertible Promissory Note due September 13, 2017 (“Maturity
Date”) in the principal amount of $25,000 (the “Note”).

For
Value Received, the Company hereby promises to pay to the order of RedDiamond Partners LLC or its registered assigns
or successors-in-interest (“Holder”) the Principal Sum of $25,000 (the “Principal Sum”) and
to pay “guaranteed” interest on the principal balance hereof at an amount equivalent to 10% of the Principal Sum, to
the extent such Principal Sum and “guaranteed” interest and any other interest, fees, liquidated damages and/or items
due to Holder herein have not been repaid or converted into the Company's Common Stock (the “Common Stock”),
in accordance with the terms hereof.

In addition to the
“guaranteed” interest referenced above, and in the Event of Default pursuant to Section 2.00(a), additional interest
will accrue from the date of the Event of Default at the rate equal to the lower of 20% per annum or the highest rate permitted
by law (the “Default Rate”).

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This Note will become
effective only upon the execution by both parties, including the execution of Exhibits B, C, the Irrevocable Transfer Agent Instructions
and the February 13, 2017 Investment Agreement (the “Date of Execution”) between the Company and Holder (the
“Effective Date”).

This Note may not be
prepaid by the Company, in whole or in part, at any time without approval by the Holder.

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

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

“Conversion
Price” shall be equal to $6.10 per share.

“Principal
Amount” shall refer to the sum of (i) the original principal amount of this Note (including the original issue discount,
prorated if the Note has not been funded in full), (ii) all guaranteed and other accrued but unpaid interest hereunder, (iii)
any fees due hereunder, (iv) liquidated damages, and (v) any default payments owing under the Note, in each case previously paid
or added to the Principal Amount.

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

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

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

The following terms
and conditions shall apply to this Note:

Section 1.00Conversion.

(a)              
Conversion Right. Subject to the terms hereof and restrictions and limitations contained herein, the Holder shall
have the right, at the Holder's sole option, at any time and from time to time to convert in whole or in part the outstanding and
unpaid Principal Amount under this Note into shares of Common Stock as per the Conversion Formula. The date of any conversion notice
(“Conversion Notice”) hereunder shall be referred to herein as the “Conversion Date”.

(b)       Stock
Certificates or DWAC. The Company will deliver to the Holder, or Holder’s authorized designee, no later than 2 Trading
Days after the Conversion Date, a certificate or certificates (which certificate(s) shall be free of restrictive legends and trading
restrictions if the shares of Common Stock underlying the portion of the Note being converted are eligible under a resale exemption
pursuant to Rule 144(b)(1)(ii) and Rule 144(d)(1)(ii) of the Securities Act of 1933, as amended) representing the number of shares
of Common Stock being acquired upon the conversion of this Note. In lieu of delivering physical  

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certificates representing the shares
of Common Stock issuable upon conversion of this Note, provided the Company's transfer agent is participating in DTC’s FAST
program, the Company shall instead use commercially reasonable efforts to cause its transfer agent to electronically transmit such
shares issuable upon conversion to the Holder (or its designee), by crediting the account of the Holder’s (or such designee’s)
broker with DTC through its DWAC program (provided that the same time periods herein as for stock certificates shall apply).

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

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

(e)       Reservation
of Underlying Securities. The Company covenants that it will at all times reserve and keep available for Holder, out of its
authorized and unissued Common Stock solely for the purpose of issuance upon conversion of this Note, free from preemptive rights
or any other actual contingent purchase rights of persons other than the Holder, at least five times the number of shares
of Common Stock as shall be issuable (taking into account the adjustments under this Section 1.00, but without regard to any ownership
limitations contained herein) upon the conversion of this Note (consisting of the Principal Amount), under the formula in Section
2.00(c), to Common Stock (the “Required Reserve”). The Company covenants that all shares of Common Stock that
shall be issuable will, upon issue, be duly authorized, validly issued, fully-paid, non-assessable and freely-tradable (if eligible).
If the amount of shares on reserve in Holder’s name at the Company’s transfer agent for this Note shall drop below
the Required Reserve, the Company will, within 2 Trading Days of notification from Holder, instruct the transfer agent to increase
the number of shares so that the Required Reserve is met. In the event that the Company does not instruct the transfer agent to
increase the number of shares so that the Required Reserve is met, the Holder will be allowed, if applicable, to provide this instruction
as per the terms of the Irrevocable Transfer Agent Instructions attached to this Note. The Company agrees that the maintenance
of the Required Reserve is a material term of this Note and any breach of this Section 1.00(e) will result in a default of the
Note.

The Company agrees that
this is a material term of this Note and any breach of this Section 1.00(e) will result in a default of the Note.

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(f)       Conversion
Limitation. The Company shall not effect any conversion of this Note, and a Holder shall not have the right to convert any
portion of this Note, to the extent that after giving effect to the conversion set forth on the applicable Conversion Notice, the
Holder would beneficially own in excess of the Beneficial Ownership Limitation (as defined below).  For purposes of the foregoing
sentence, the number of shares of Common Stock beneficially owned by the Holder and its Affiliates shall include the number of
shares of Common Stock issuable upon conversion of this Note with respect to which such determination is being made, but shall
exclude the number of shares of Common Stock which are issuable upon (i) conversion of the remaining, unconverted principal amount
of this Note beneficially owned by the Holder or any of its Affiliates and (ii) exercise or conversion of the unexercised or unconverted
portion of any other securities of the Company subject to a limitation on conversion or exercise analogous to the limitation contained
herein (including, without limitation, any other Notes) beneficially owned by the Holder or any of its Affiliates.  Except
as set forth in the preceding sentence, for purposes of this Section 1(f), beneficial ownership shall be calculated in accordance
with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. To the extent that the limitation
contained in this Section 1(f) applies, the determination of whether this Note is convertible (in relation to other securities
owned by the Holder together with any Affiliates) and of which principal amount of this Note is convertible shall be in the sole
discretion of the Holder, and the submission of a Conversion Notice shall be deemed to be the Holder’s determination of whether
this Note may be converted (in relation to other securities owned by the Holder together with any Affiliates) and which principal
amount of this Note is convertible, in each case subject to the Beneficial Ownership Limitation. To ensure compliance with this
restriction, the Holder will be deemed to represent to the Company each time it delivers a Conversion Notice that such Conversion
Notice has not violated the restrictions set forth in this paragraph and the Company shall have no obligation to verify or confirm
the accuracy of such determination. In addition, a determination as to any group status as contemplated above shall be determined
in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. For purposes of this
Section 1(f), in determining the number of outstanding shares of Common Stock, the Holder may rely on the number of outstanding
shares of Common Stock as stated in the most recent of the following: (i) the Company’s most recent periodic or annual report
filed with the Commission, as the case may be, (ii) a more recent public announcement by the Company, or (iii) a more recent written
notice by the Company or the Company’s transfer agent setting forth the number of shares of Common Stock outstanding. 
Upon the written or oral request of a Holder, the Company shall within two Trading Days confirm orally and in writing to the Holder
the number of shares of Common Stock then outstanding.  In any case, the number of outstanding shares of Common Stock shall
be determined after giving effect to the conversion or exercise of securities of the Company, including this Note, by the Holder
or its Affiliates since the date as of which such number of outstanding shares of Common Stock was reported. The “Beneficial
Ownership Limitation” shall be 4.99% of the number of shares of the Common Stock outstanding immediately after giving
effect to the issuance of shares of Common Stock issuable upon conversion of this Note held by the Holder. The Holder, upon not
less than 61 days’ prior notice to the Company, may increase or decrease the Beneficial Ownership Limitation provisions of
this Section 1(f), provided that the Beneficial Ownership Limitation in no event exceeds 9.99% of the number of shares of the Common
Stock outstanding immediately after giving effect to the issuance of shares of Common Stock upon conversion of this Note held by
the Holder and the Beneficial Ownership Limitation provisions of this Section 1(f) shall continue to apply. Any such increase or
decrease will not be effective until the 61st day after such notice is delivered to the Company. The Beneficial Ownership
Limitation provisions of this paragraph shall be construed and implemented in a manner otherwise than in strict conformity with
the terms of this Section 1(f) to correct this paragraph (or any portion hereof) which may be defective or inconsistent with the
intended Beneficial Ownership Limitation contained herein or to make changes or supplements necessary or desirable to properly
give effect to such limitation. The limitations contained in this paragraph shall apply to a successor holder of this Note. (“Restricted
Ownership Percentage”).

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(g)       Conversion
Delays. If the Company fails to deliver shares in accordance with the timeframe stated in Section 1.00(b), the Holder, at any
time prior to selling all of those shares, may rescind any portion, in whole or in part, of that particular conversion attributable
to the unsold shares. The rescinded conversion amount will be returned to the Principal Sum with the rescinded conversion shares
returned to the Company, under the expectation that any returned conversion amounts will tack back to the Effective Date.

(h)       Shorting
and Hedging. Holder may not engage in any “shorting” or “hedging” transaction(s) in the Common Stock
prior to conversion.

(i)       Conversion
Right Unconditional. If the Holder shall provide a Conversion Notice as provided herein, the Company's obligations to deliver
Common Stock shall be absolute and unconditional, irrespective of any claim of setoff, counterclaim, recoupment, or alleged breach
by the Holder of any obligation to the Company.

Section 2.00Defaults
and Remedies.

(a)       Events
of Default. An “Event of Default” is: (i) a default in payment of any amount due hereunder which default
continues for more than 5 Trading Days after the due date; (ii) a default in the timely issuance of underlying shares upon and
in accordance with terms of Section 1.00, which default continues for 2 Trading Days after the Company has failed to issue shares
or deliver stock certificates within the 3rd Trading Day following the Conversion Date; (iii) if the Company does not issue the
press release or file the supplemental information statement in accordance with the provisions and the deadlines referenced Section
4.00(h); (iv) failure by the Company for 3 days after notice has been received by the Company to comply with any material provision
of this Note; (v) failure of the Company to remain compliant with DTC, thus incurring a “chilled” status with DTC;
(vi) any default of any mortgage, indenture or instrument which may be issued, or by which there may be secured or evidenced any
indebtedness, for money borrowed by the Company or for money borrowed the repayment of which is guaranteed by the Company, whether
such indebtedness or guarantee now exists or shall be created hereafter; (vii) if the Company is subject to any Bankruptcy Event;
(viii) any failure of the Company to satisfy its “filing” obligations under Securities Exchange Act of 1934, as amended
(the “1934 Act”) and the rules and guidelines issued by OTC Markets News Service, OTCMarkets.com and their affiliates;
(ix) failure of the Company to remain in good standing under the laws of the State of Delaware; (x) any failure of the Company
to provide the Holder with information related to its corporate structure including, but not limited to, the number of authorized
and outstanding shares, public float, etc. within 1 Trading Day of request by Holder; (xi) failure by the Company to maintain the
Required Reserve in accordance with the terms of Section 1.00(e); (xii) failure of Company’s Common Stock to maintain a closing
bid price in its Principal Market for more than 3 consecutive Trading Days; (xiii) any delisting from a Principal Market for any
reason; (xiv) failure by Company to pay any of its Transfer Agent fees in excess of $2,000 or to maintain a Transfer Agent of record;
(xv) failure by Company to notify Holder of a change in Transfer Agent within 24 hours of such change; (xvi) any trading suspension
imposed by the United States Securities and Exchange Commission (the “SEC”) under Sections 12(j) or 12(k) of
the 1934 Act; or (xvii) failure by the Company to meet all requirements necessary to satisfy the availability of Rule 144 to the
Holder or its assigns, including but not limited to the timely fulfillment of its filing requirements as a fully-reporting issuer
registered with the SEC, requirements for XBRL filings, and requirements for disclosure of financial statements on its website.

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(b)              
Remedies. If an Event of Default occurs, the outstanding Principal Amount of this Note owing in respect thereof through
the date of acceleration, shall become, at the Holder's election, immediately due and payable in cash at the “Mandatory
Default Amount”. The Mandatory Default Amount means 150% of the outstanding Principal Amount of this Note, will be automatically
added to the Principal Sum of the Note and tack back to the Effective Date for purposes of Rule 144. Commencing 5 days after the
occurrence of any Event of Default that results in the eventual acceleration of this Note, this Note shall accrue additional interest,
in addition to the Note’s “guaranteed” interest, at a rate equal to the lesser of 20% per annum or the maximum
rate permitted under applicable law. In connection with such acceleration described herein, the Holder need not provide, and the
Issuer hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without
expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it
under applicable law. No such rescission or annulment shall affect any subsequent event of default or impair any right consequent
thereon. Nothing herein shall limit the Holder's right to pursue any other remedies available to it at law or in equity including,
without limitation, a decree of specific performance and/or injunctive relief with respect to the Issuer's failure to timely deliver
certificates representing shares of Common Stock upon conversion of the Note as required pursuant to the terms hereof.

(c)              
Conversion Right. At any time and from time to time after a default occurs solely due to the fact the Note is not
retired on or before the Maturity Date (“Maturity Default”), subject to the terms hereof and restrictions and
limitations contained herein, the Holder shall have the right, at the Holder's sole option, to convert in whole or in part the
outstanding and unpaid Principal Amount under this Note into shares of Common Stock at the Maturity Default Conversion Price. The
“Maturity Default Conversion Price” shall be equal to the lower of: (a) the Conversion Price or
(b) 70% of the lowest trading price of the Company’s common stock during the 20 consecutive Trading Days prior to the date
on which the Holder elects to convert all or part of the Note. For the purpose of calculating the Maturity Default Conversion Price
only, any time after 4:00 pm Eastern Time (the closing time of the Principal Market) shall be considered to be the beginning of
the next Business Day. If the Company is placed on “chilled” status with the DTC, the discount shall be increased by
10%, i.e., from 30% to 40%, until such chill is remedied. If the Company is not DWAC eligible through their Transfer
Agent and DTC’s FAST system, the discount will be increased by 5%, i.e., from 30% to 35%. In the case of both,
the discount shall be a cumulative increase of 15%, i.e., from 30% to 45%.

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Section 3.00 Representations and Warranties of Holder.

 

Holder hereby represents and warrants to the
Company that:

 

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

 

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

 

(c)All corporate action has been taken
on the part of the Holder, its officers, directors and stockholders necessary for the authorization, execution and delivery of
this Note. The Holder has taken all corporate action required to make all of the obligations of the Holder reflected in the provisions
of this Note, valid and enforceable obligations.

 

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

 

THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS
THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES, THE TRANSFER IS MADE IN COMPLIANCE WITH RULE
144 PROMULGATED UNDER SUCH ACT OR THE COMPANY RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THESE SECURITIES WHICH IS REASONABLY
SATISFACTORY TO THE COMPANY, STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND
PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT.

-7- 

 

Section 4.00General.

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

(b)        Assignment,
Etc. The Holder may assign or transfer this Note to any transferee at its sole discretion. This Note shall be binding upon
the Company and its successors and shall inure to the benefit of the Holder and its successors and permitted assigns.

(c)       Piggyback
Registration Rights. Purposely withheld

(d)       Terms
of Future Financings. Purposely withheld

(e)       Governing
Law; Jurisdiction.

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

(ii)       Jurisdiction
and Venue. Any dispute or claim arising to or in any way related to this Note or the rights and obligations of each
of the parties shall be brought only in the state courts of New York or in the federal courts located in Manhattan, California.

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

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

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

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

(g)       Usury.
If it shall be found that any interest or other amount deemed interest due
hereunder violates any applicable law governing usury, the applicable rate of
interest due hereunder shall automatically be lowered to equal the maximum rate
of interest permitted under applicable law. The Company 

-8-  

covenants (to the extent that it may lawfully do so) that it will not seek to
claim or take advantage of any law that would prohibit or forgive the Company
from paying all or a portion of the principal, fees, liquidated damages or
interest on this Note.

(h)       Securities
Laws Disclosure; Publicity. The Company shall (a) by 9:30 a.m. Eastern Time on the Trading Day immediately following the Date
of Execution, issue a press release disclosing the material terms of the transactions contemplated hereby, and (b) file a Form
8-K Current Report (the “Current Report”) on EDGAR with the SEC disclosing the material terms of the transactions contemplated
hereby. From and after the filing of the Current Report the Company represents to the Holder that it shall have publicly disclosed
all material, non-public information delivered to the Holder by the Company, or any of its officers, directors, employees, or agents
in connection with the transactions contemplated by this Note. The Company and the Holder shall consult with each other in issuing
any other press releases with respect to the transactions contemplated hereby, and neither the Company nor the Holder shall issue
any such press release nor otherwise make any such public statement without the prior consent of the Company, with respect to any
press release of the Holder, or without the prior consent of the Holder, with respect to any press release of the Company, none
of which consents shall be unreasonably withheld, delayed, denied, or conditioned except if such disclosure is required by law,
in which case the disclosing party shall promptly provide the other party with prior notice of such public statement or communication.
Notwithstanding the foregoing, the Company shall not publicly disclose the name of the Holder, or include the name of the Holder
in any filing with the SEC or any regulatory agency or Principal Market, without the prior written consent of the Holder, except
to the extent such disclosure is required by law or Principal Market regulations, in which case the Company shall provide the Holder
with prior notice of such disclosure permitted hereunder.

The Company agrees that this is a material
term of this Note and any breach of this Section 4.00(h) will result in a default of the Note.

[Signature Page to Follow.]

 

-9-  

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

 

 

HELIX TCS, INC.

 

 

By:__________________________________________  

 

Name:       

 

Title:        

 

Email:

 

Address:

 

This Fixed Secured Convertible Promissory Note is accepted this
___ day of February 2017 by

 

REDDIAMOND PARTNERS LLC

By:9;
________________________________

Name:

Title: Managing Member

-10-  

EXHIBIT A

 

FORM OF CONVERSION NOTICE

 

(To
be executed by the Holder in order to convert all or part of that certain $25,000 Fixed Convertible Promissory Note identified
as the Note)

 

DATE:____________________________

FROM:RedDiamond
Partners LLC (the “Holder”)

 

		Re:	$25,000 Fixed Convertible Promissory Note (this “Note”) originally issued by
Helix TCS, Inc., a Delaware corporation, to the Holder on February 13, 2017.

 

The
undersigned on behalf of RedDiamond Partners LLC, hereby elects to convert $_______________________ of the aggregate
outstanding Principal Amount (as defined in the Note) indicated below of this Note into shares of Common Stock, $0.001 par value
per share, of Helix TCS, Inc. (the “Company”), according to the
conditions hereof, as of the date written below. If shares are to be issued in the name of a person other than undersigned, the
undersigned will pay all transfer taxes payable with respect thereto and is delivering herewith such certificates and opinions
as reasonably requested by the Company in accordance therewith. No fee will be charged to the holder for any conversion, except
for such transfer taxes, if any. The undersigned represents as of the date hereof that, after giving effect to the conversion of
this Note pursuant to this Conversion Notice, the undersigned will not exceed the “Restricted Ownership Percentage”
contained in this Note.

	 	 	 
	Conversion information:		
    
 

    
	 	 	Date to Effect Conversion
	 	 	 
	 	 	
    
 

    
	 	 	Aggregate Principal Sum of Note Being Converted
	 	 	 
	 	 	
    
 

    
	 	 	Aggregate Interest/Fees of Principal Amount
    Being Converted
	 	 	 
	 	 	
    
 

    
	 	 	Remaining Principal Balance
	 	 	 
	 	 	
    
 

    
	 	 	Number of Shares of Common Stock to be Issued
	 	 	 
	 	 	
    
 

    
	 	 	Applicable Conversion Price
	 	 	 
	 	 	
    
 

    
	 	 	Signature
	 	 	 
	 	 	
    
 

    
	 	 	Name
	 	 	 
	 	 	
    
 

    
	 	 	Address
	 	 	 

-11-  

  

EXHIBIT B

 

WRITTEN CONSENT OF THE BOARD OF DIRECTORS
OF

 

HELIX TCS, INC.

 

 

The undersigned, being directors of Helix TCS, Inc., a Delaware
corporation (the “Company”), acting pursuant to the Bylaws of the Corporation, do hereby consent to, approve
and adopt the following preamble and resolutions:

 

Convertible Note with RedDiamond Partners LLC

 

The board of directors of the Company has reviewed and authorized
the following documents relating to the issuance of a Fixed Convertible Promissory Note in the amount of $25,000 with RedDiamond
Partners LLC.

 

The documents agreed to and dated February 13, 2017 are as follows:

 

10% Fixed Convertible Promissory Note of Helix TCS, Inc.

Irrevocable Transfer Agent Instructions

Certificate of Corporate Secretary

 

The board of directors further agree to authorize and approve the
issuance of shares to the Holder at Conversion prices that are below the Company’s then current par value.

 

IN WITNESS WHEREOF, the undersign member(s) of the board of the
Company executed this unanimous written consent as of February , 2017.

 

 

_________________________________

 

By:

 

Its:

 

-12-  

EXHIBIT C

 

NOTARIZED CERTIFICATE OF CORPORATE SECRETARY
OF

 

HELIX TCS, INC.

 

(Two Pages)

 

 

The undersigned, _______________________
is the duly elected Corporate Secretary of Helix TCS, Inc., a Delaware corporation (the “Company”).

 

I hereby warrant and represent
that I have undertaken a complete and thorough review of the Company’s corporate and financial books and records, including,
but not limited to, the Company’s records relating to the following:

 

		(A)	The issuance of that certain Fixed Convertible Promissory Note dated February 13, 2017 (the “Note
Issuance Date”) issued to RedDiamond Partners LLC (the “Holder”) in the stated original principal
amount of $25,000 (the “Note”);

 

		(B)	The Company’s Board of Directors duly approved the issuance of the Note to the Holder;

 

		(C)	The Company has not received and does not contemplate receiving any new consideration from any
persons in connection with any later conversion of the Note and the issuance of the Company’s Common Stock upon any said
conversion;

 

		(D)	To my best knowledge and after completing the aforementioned review of the Company’s stockholder
and corporate records, I am able to certify that the Holder (and the persons affiliated with the Holder) are not officers, directors,
or directly or indirectly, ten percent (10.00%) or more stockholders of the Company and none of said persons has had any such status
in the one hundred (100) days immediately preceding the date of this Certificate;

 

		(E)	The Company’s Board of Directors have approved duly adopted resolutions approving the Irrevocable
Instructions to the Company’s Stock Transfer Agent dated Februaru 13, 2017;

 

		(F)	Mark the appropriate selection:

 

___ The Company represents that it
is not a “shell company,” as that term is defined in Section 12b-2 of the Securities Exchange Act of 1934, as amended,
and has never been a shell company, as so defined; or

 

___ The Company represents that (i)
it was a “shell company,” as that term is defined in Section 12b-2 of the Securities Exchange Act of 1934, as amended,
(ii) since ______, 201__, it has no longer been a shell company, as so defined, and (iii) on _______, 201__, it provided Form
10-type information in a filing with the Securities and Exchange Commission.

-13-  

 

		(G)	I understand the constraints imposed under Rule 144 on those persons who are or may be deemed to
be “affiliates,” as that term is defined in Rule 144(a)(1) of the Securities Act of 1933, as amended.

 

		(H)	I understand that all of the representations set forth in this Certificate will be relied upon
by counsel to RedDiamond Partners LLC in connection with the preparation of a legal opinion.

 

 

I hereby affix my signature to this Notarized
Certificate and hereby confirm the accuracy of the statements made herein.

 

	
    
      Signed:

    	 	
    
      Date:

    
	 	 	 
	 	 	 
	
    
      Name:

    	 	
    
      Title:

    
	 	 	 

 

 

SUBSCRIBED AND SWORN TO BEFORE ME ON THIS
________ DAY OF ____________________ 2017.

 

 

Commission Expires:______________

 

____________________________________

Notary Public

 

 

 

 

-14-

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