Document:

Exhibit 10.29

 

 

 

PROMISSORY NOTE

July 10, 2018

 

INITIAL PRINCIPAL AMOUNT: $50,000

 

INTEREST RATE: 30% flat rate ($15,000)

 

BORROWER:Pura Naturals, Inc.

 

LENDER: Julie Morton

 

DUE DATE:January
10, 2019

 

 

1.                  
For value received Pura Naturals, Inc., a Nevada corporation ("Borrower") promises to pay Julie Morton ("Lender"),
or to order, the principal amount of $50,000 with flat interest thereon at the rate of thirty percent (30%), or $15,000. A $5,000
progress payment is due in 30 days (August 10, 2018), with $5,000 monthly payments for four additional months. The entire balance
is due in the final payment.

 

2.                  
Increase in Note. The amount of this Note
shall be increased by the amount of any additional advances made by Lender to Borrower, from time to time. The amount of any advances
shall be added to principal and shall bear interest at the rate of five percent (5%) per annum, from the date on which such additional
advances are made.

 

3.                  
Maturity Date. The principal and unpaid accrued interest
shall be due and payable on or before January 10, 2019.

 

4.                  
Prepayment.  Notwithstanding anything
in this Agreement to the contrary, Borrower may prepay the unpaid principal balance and any accrued interest of the Note without
penalty or premium, at any time.

 

5.                  
Default. Borrower will be in default if borrower
fails to make any payment when due.

 

6.                  
Waiver.  Demand, presentment, protest
and notice of non-payment and protest, notice of intention to accelerate maturity, notice of acceleration of maturity and notice
of dishonor are hereby waived by Borrower.   

 

7.                  
Transfer; Successors and Assigns. The terms
and conditions of this Note shall inure to the benefit of and be binding upon the respective successors and assigns of the parties.
Notwithstanding the foregoing, the Borrower may not assign, pledge, or otherwise transfer this Note without the prior written consent
of the Lender. 

 

8.                  
Method of Payment. Principal and interest
shall be payable in lawful money of the United States. Notwithstanding anything contained herein to the contrary, the amount of
interest payable under the terms of this Note shall in no event exceed the maximum amount of interest permitted to be charged by
law at the date of execution hereof.

 

9.                  
Notices. All notices, requests, demands and
other communications under this Note, shall be in writing and shall be deemed to have been duly given on the date of service if
served personally on the party to whom notice is to be given or within five (5) business days if mailed to the party to whom notice
is to be given, by first-class mail, registered, or certified, postage prepaid and properly addressed as follows:

 

 

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If to Lender, addressed to:Soc.
Sec. or Tax ID Number

_______________________________________________
  

_______________________________________________

_______________________________________________

 

If to Borrower, addressed to:

Pura Naturals, Inc.

23101 Lake Center Drive, Suite 100

Lake Forest, CA 92630

 

10.              
Amendments and Waivers. The terms of this
Note may be amended only in writing signed by Borrower and Lender. This Note constitutes and contains the entire agreement between
and among the parties regarding the subject matter hereof, and supersedes and replaces all prior agreements, promises and understandings,
whether written or oral, proposed or otherwise, regarding the subject matter hereof.

 

11.              
Loss of Note. Upon receipt by the Borrower
of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Promissory Note or any Promissory Note exchanged
for it, and indemnity satisfactory to the Borrower (in case of loss, theft or destruction) or surrender and cancellation of such
Promissory Note (in the case of mutilation), the Borrower will make and deliver in lieu of such Promissory Note a new Note of like
tenor.

 

12.              
Governing Law; Venue. This Note is being executed
and delivered, and is intended to be performed, in the State of California, and to the extent permitted by law, the execution,
validity, construction, and performance of this Note shall be construed and enforced in accordance with the laws of the State of
California without giving effect to conflict of law principles. This Note shall be deemed made and entered into in Orange County,
State of California and venue for any Proceeding as defined below, in connection with this Note shall be in Orange County, California.

 

13.              
Waiver of Jury Trial. The Parties hereto hereby
voluntarily and irrevocably waive trial by jury in any Proceeding brought in connection with this Note, any of the related agreements
and documents, or any of the transactions contemplated hereby or thereby. For purposes of this Note, “Proceeding” includes
any threatened, pending, or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation, inquiry,
administrative hearing, or any other actual, threatened, or completed proceeding, whether brought by or in the right of any party
or otherwise and whether civil, criminal, administrative, or investigative, in which a Party was, is, or will be involved as a
party or otherwise.

 

14.              
Counterparts; Facsimile Signatures.
This Note may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall
constitute one and the same agreement. Facsimile signatures shall be sufficient for execution of
this Note.

 

15.              
Consideration.
Additional consideration for the loan includes 5% of sales for Grease Beast at upcoming buying shows for 180 days, also due on
January 10, 2019. 

 

16.              
Collateral.
New Directions IRA shall hold 100,000 shares of Advanced Innovative Recovery Technologies, Inc. (“Company”) Preferred
stock for the benefit of Julie Morton, until the loan is repayed, at which time the shares are returned to the Company.

 

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IN WITNESS WHEREOF, this Promissory Note is
executed as of July 10, 2018.

BORROWER

 

Pura Naturals, Inc.

 

 /s/ Robert
Doherty 

By: Robert Doherty

Its: Chief Executive Officer

 

 

 

 

 

    	 	3Exhibit 10.30

       

       CONVERTIBLE
                              PROMISSORY NOTE $50,000 August , 2018 The undersigned to this convertible promissory note (the "Not"),
                              Pura Naturals, Inc., ("Pura") by its duly authorized Officers or agent(s) (the "Maker"
                              or "Pura") for value received, and intending to be legally bound by this agreement and
                              by the terms and conditions herein, promises to pay to the order of Bridgepoint Capital LLC, an
                              Illinois limited liability company ("Payee"), at such place as Payee may designate in
                              writing, the principal sum of $50,000, with no interest accruing on such principal sum for 90 days
                              from the date hereof, with all principal owed hereunder payable in full 90 days from the date hereof
                              (the "Maturity Date"). Origination Fee. Together with principal and any accrued interest,
                              a $2,500 origination fee shall be due and paid at Maturity Date. Renewal. At the sole option of
                              Payee, this Note may be renewed for an additional 90 day term, subject to all other terms and provisions
                              of this Note. Use of Funds. To assist in Pura's immediate cash flow requirements detailed herein,
                              Payee desires to make a loan (the "Loan") to the Maker and retain a right to convert said
                              Loan to apply to any funding or other agreement contemplated at a near future date between Maker
                              and Payee (the "Conversion Right"). The immediate cash flow requirements are: Ace, Orgill,
                              True Value Shows Includes products, travel expenses, show requirements Walmart Meeting D&O insurance
                              Factory Supplies for Grease Beast labels, soap, flow wrap Auditors Edgar Agent M2 Compliance Product
                              manufacturing cost Terms and Conditions. Maker hereby agrees to be legally bound by the terms and
                              conditions herein, including the following. Jordan Miller agrees to personally guaranty this Note
                              and execute a written personal guaranty. Pura Naturals Convertible Promissory Note

 

 

    	 	 	 

    	 

    

 

   
 

   

Events
of Default. It shall be an "Event of Default" hereunder if: (i)
Maker fails to pay any amount of principal or interest due hereunder and such
failure shall continue for seven (7) days after Payee notifies Maker thereof in writing;
or (ii) Maker
shall fail to perform or observe any other material term, covenant or
agreement on its part to be performed or observed pursuant to this Note, or any other agreement
executed by Maker in connection herewith, and the failure of Maker to cure such
default within 10 days of written notice of such Default to Maker by Payee. Upon
the occurrence and during the continuation of an Event of Default hereunder, Payee shall
be entitled, by written notice to Maker, to declare this Note to be, and upon such
declaration the entire principal balance hereunder, together with all accrued interest
and origination fees thereon, shall become immediately due and payable. In addition,
Payee shall be entitled to exercise all rights of Payee hereunder and under applicable
laws, including the right to collect from Maker all sums due under this Note. Conversion. At any time while any
principal of this Note is outstanding, and subject to the terms and conditions set forth
herein, the Payee may elect to convert (a "Conversion") the entire outstanding
principal (but not interest) balance of this Note, to apply to any funding or other agreement contemplated at a near future
date between Maker and Payee not less than the entire outstanding principal balance: Conversion
Notice. Notice of a Conversion by Payee (a "Conversion Notice") shall
be made by delivering a written instrument to Maker. The Conversion Notice shall state
that that Payee is exercising his rights to affect a Conversion, and shall be effective as
of the date set forth on such Conversion Notice. Delivery may be made by US Mail, overnight
courier, facsimile, or any other manner reasonably designed to reach the Maker. Miscellaneous.
Except as otherwise provided in this Note, Maker hereby waives notice of non-payment,
notice of dishonor, and protest of any dishonor. The holder hereof shall not by any
act of omission or commission be deemed to waive any of its rights or remedies hereunder unless such waiver is in writing and
signed by the holder hereof, and then only to the extent specifically set forth therein.
The waiver of any event shall not be construed as a waiver of any other right or remedy,
nor shall any single or partial exercise of any right or remedy preclude any other
or further exercise thereof or of any other right or remedy. This Note may be executed in counterparts. Enforceability.
Whenever possible, each provision of this Note shall be interpreted in such manner
as to be effective and valid under applicable law, but if any provision of this Note
is deemed to be invalid or unenforceable under such law, such Pura Naturals Convertible Promissory Note 2

 

 

 

    	 	 	 

    	 

    

 
 

provision
shall be ineffective only to the extent of such invalidity or unenforceability without affecting
the validity or enforceability of any other provision of this Note. Entire Agreement.
This Note expresses the entire agreement between the parties concerning the subject matter hereof and supersedes all
previous agreements, whether written or oral, between parties respecting the subject matter
hereof. Submission to Jurisdiction. Maker irrevocably (a) agrees that any suit,
action or other legal proceeding relating to this Note may be brought only in the
Circuit Court of Cook County or in the Northern District of Illinois, at the Payee's
option; (b) consents to the jurisdiction of each such court in any such suit, action
or proceeding; and (c) waives any objection which Maker may have to the laying of venue in any such suit, action or proceeding
in either such court. Nothing contained herein, however, shall prevent Payee from
bringing an action or exercising any rights against any security or against Maker personally, and against any property
of Maker, within any other state, initiating such proceeding or taking such action in any
other state shall in no event constitute a waiver of the agreement contained herein that the law of the State of Illinois shall
govern the rights and obligations of Maker and Payee hereunder or of the submission herein made by Maker
to personal jurisdiction within the State of Illinois. The aforesaid means of obtaining
personal jurisdiction and perfecting service of process are not intended to be exclusive
but are cumulative and in addition to all other means of obtaining personal jurisdiction
and perfecting service of process now or hereafter provided by the law of the State of Illinois. Confession
of Judgment. Notwithstanding any provision hereof or remedy herein to the contrary, Borrower voluntarily and knowingly agrees
and authorizes any attorney to appear in any court of record having jurisdiction
over this Note or any party hereto and to confess judgment, without process, against
Maker and in favor of Payee or its assigns, which judgment shall be joint and several
and shall be for the entire amount of any unpaid principal, accrued but unpaid interest,
accrued but unpaid charges, and expenses due under this Note and for the reasonable costs of collection, including attorneys'
fees, costs, and expenses. Signatures appear on the next page. Pura Naturals
Convertible Promissory Note

 

 

    
    
      	 		 

    

    
   

 

IN
WITNESS WHEREOF, Maker has duly executed this Convertible Promissory Note as of the
date first above written. 

 

Pura Naturals, Inc.

 

By:

Printed
Name: Title:

 

 

 

By:
/s/ Robert Switzer

Printed Name: Robert Switzer

Title: Chief Operating Officer

 

Individually:

 

By:

Jordan
Miller, Guarantor

 

 
 

    
    
      	 		 

    

    
   
 

GUARANTY
Re: Convertible Promissory
Note dated the August, 2018 (the "Note") between
Bridgepoint Capital LLC ("Lender") and Pura Naturals, Inc. ("Borrower") and Jordan Miller "Guarantor")
In order to induce the above named Lender (hereinafter
called the "Lender"); to enter into the above referenced Promissory Note (hereinafter called the "Note") with
the above named Borrower (hereinafter called "Borrower"); to enter into such additional Note transaction(s)
with Borrower as the Lender, in its sole discretion, may now or from time to time hereinafter deem advisable, for good and
valuable consideration, all without notice to the undersigned; to grant to the Borrower such renewal, extension, forbearance,
release, or other relinquishment of legal rights as the Lender may in its sole discretion deem advisable, all without notice to
the undersigned (hereinafter called "Guarantor"), Guarantor, who, if two or more
in number, shall be .ointly and severally bound hereby of more than one Borrower, guarantees absolutely, continually, unconditionally
and without limitation to Lender, its successors and assigns the full, prompt and unconditional payment when due whether
upon the due date or earlier by reason of acceleration or otherwise, and at all times thereafter, of all the indebtedness, liabilities
and obligations of Borrower to Lender, its successors and assigns, hereafter existing, due
or to become due, under the above referenced Note, or any other Note now or hereafter made between Lender and Borrower (including
any and all existing Notes made between Lender and Borrower before the date hereof). The
Guarantor, Jordan Miller, has signed as Guarantor the above referenced Note and by signing this guaranty, acknowledges privity
of contract and his contractual and economic benefit from these agreements. In the event Borrower fails to repay the Note, Guarantor
agrees to repayment of the Note through garnishment of commission otherwise paid
to Guarantor by Lender or its affilaites. Guarantor expressly agrees that the validity of this agreement and the obligations
of the Guarantor hereunder shall in no way be terminated, affected, or impaired by reason of the granting by the Lender of any
indulgence to the Borrower or by reason of the assertion by the Lender against the Borrower
of any of the rights or remedies reserved to the Lender pursuant to the provisions of Note by
operation of law or otherwise, the Guarantor hereby waiving all suretyship defenses. Guarantor(s) authorizes Lender, without notice
or demand and without affecting their liability hereunder from time to time, with the consent of Borrower, to change any of the
terms, conditions, covenants or provisions of any instrument of indebtedness and/or
amend, modify, extend, change or supplement any instrument of indebtedness. The Guarantor further covenants and agrees that this
Guaranty shall remain and continue in full force and effect as to any renewal, modification,
or extension of the Note. Guarantor further agrees to pay all costs and expenses including, without limitation, all court
costs and attorneys', paralegal fees, accountants' and expenses paid or incurred by Lender
in collection of all or any part of the obligations from, or in prosecuting any action
against, Guarantor or any other guarantor of all of any part of the obligations guaranteed herein. The
failure of the Lender to insist in any one or more instances upon a strict performance or observance of any of the terms, provisions,
or covenants of the Note or to exercise any right therein contained shall not be construed to be a waiver or relinquishment for
the future of such terms, provision, covenant or right. Receipt by the Lender of rent with knowledge of the breach of any provision
of such Note shall not be deemed a waiver of such breach. No subletting assignment,
other transfer of such Note, or any interest therein, whether or not with Lender's
consent shall operate to extinguish or diminish the liability of the Guarantor under this Guaranty; and wherever reference is
made to the liability of the Borrower, such reference shall be deemed likewise to refer to the Guarantor. The
Guarantor waives notice of acceptance of this Guaranty, and further waives protest, presentment, demand for payment, demand for
performance, notice of default or non-payment, notice, and any and all rights of subrogation, reimbursement, indemnity, contribution,
or any claim which Lender may now or hereafter have against the Borrower or any other person directly or contingently liable
for the obligations guaranteed hereunder, or against or with respect to the Borrower's property (including, without limitation,
property collateralizing its obligations to Lender, arising from the existence or performance of this Guaranty). Whenever
possible, each provision of this Guaranty shall be interpreted in such manner as to be effective and valid under applicable law,
but if any provisions of this Guaranty shall be invalid under such law, such provisions
shall be ineffective to the extent of such prohibition or invalidity and shall not
invalidate the remainder of such remaining provisions of this Guaranty. This Guaranty
shall be binding upon the undersigned and upon the successors, heirs and legal representatives of the undersigned and shall
inure to the benefit of the Lender's successors and assigns; all references herein to the Borrower and to the undersigned shall
be deemed to include their successors, heirs and legal representatives, as applicable. Borrower's successors and assigns
shall include, without limitation, receiver, trustee or debtor in possession of or for Borrower.
All reference to the singular shall be deemed to include the plural where the context so requires. Convertible
Note Guaranty

 

 

    
    
      	 		 

    

    
   
 

This
Guaranty has been executed, delivered and accepted at and shall be deemed to have been made at Cook County, Illinois, and shall
be interpreted and the rights and liabilities of the parties hereto determined, in accordance with the laws and decisions of the
State of Illinois, and the undersigned agrees to the exclusive jurisdiction of any state or Federal court within Cook County,
Illinois and waives personal service of any and all process upon them, and agrees that all such service of process shall be deemed
given upon the earlier of (a) when received or (b) three days after mailing by certified or registered mail or (c) one day after
being sent by reputable overnight courier to the undersigned at the address indicated below. Guarantor may change his/their address
for purposes of the preceding sentence by prior written notice to Lender. The undersigned waives, at the option of Lender, trial
by jury, and objection based on forum non conveniens, and any objection to venue of any action instituted hereunder and consents
to such legal or equitable relief as is deemed appropriate by the court. This Guaranty may not be modified orally, but only by
a written instrument signed by both Guarantor and Lender. Each individual signing herein below on behalf of Guarantor individually
represents and warrants that he has the right, power and authority to sign on behalf of Guarantor; that Guarantor (if a corporation)
has passed a resolution authorizing the execution of this Guaranty, that this Guaranty is enforceable against Guarantor in accordance
with its terms; that Guaranty is bound hereby. IN WITNESS WHEREOF, the undersigned has caused this instrument to be executed on
the date first written above. GUARANTOR: , individually Signature Name Home Address City, State, Zip e-mail Cell Phone Convertible
Note Guaranty 2

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