Document:

SUBSIDIARY GUARANTEE

 

SUBSIDIARY GUARANTEE,
dated as of November 8, 2013 (this “Guarantee”), made by each of the signatories hereto (together with any other
entity that may become a party hereto as provided herein, the “Guarantors”), in favor of the purchasers signatory
(together with their permitted assigns, the “Purchasers”) to that certain Securities Purchase Agreement, dated
as of the date hereof, between First Choice Healthcare Solutions, Inc., a Delaware corporation (the “Company”)
and the Purchasers.

 

WITNESSETH:

 

WHEREAS, pursuant to
that certain Securities Purchase Agreement, dated as of the date hereof, by and between the Company and the Purchasers (the “Purchase
Agreement”), the Company has agreed to sell and issue to the Purchasers, and the Purchasers have agreed to purchase from
the Company the Debentures, subject to the terms and conditions set forth therein; and

 

WHEREAS, each Guarantor will directly benefit from the extension of credit to the Company represented by the issuance of the Debentures;
and

 

NOW, THEREFORE, in
consideration of the premises and to induce the Purchasers to enter into the Purchase Agreement and to carry out the transactions
contemplated thereby, each Guarantor hereby agrees with the Purchasers as follows:

 

1.          Definitions.
Unless otherwise defined herein, terms defined in the Purchase Agreement and used herein shall have the meanings given to them
in the Purchase Agreement. The words “hereof,” “herein,” “hereto” and “hereunder”
and words of similar import when used in this Guarantee shall refer to this Guarantee as a whole and not to any particular provision
of this Guarantee, and Section and Schedule references are to this Guarantee unless otherwise specified. The meanings given to
terms defined herein shall be equally applicable to both the singular and plural forms of such terms. The following terms shall
have the following meanings:

 

“Guarantee”
means this Subsidiary Guarantee, as the same may be amended, supplemented or otherwise modified from time to time.

 

“Guarantor
Permitted Indebtedness” means the indebtedness of each Guarantor existing on the date hereof and set forth on Schedule
A attached hereto.

 

“Guarantor
Permitted Liens” means liens incurred in connection with Guarantor Permitted Indebtedness.

 

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“Obligations” means, in addition to all other costs and expenses of collection incurred by Purchasers in enforcing
any of such Obligations and/or this Guarantee, all of the liabilities and obligations (primary,
secondary, direct, contingent, sole, joint or several) due or to become due, or that are now or may be hereafter contracted or
acquired, or owing to, of the Company or any Guarantor to the Purchasers, including, without limitation, all
obligations under this Guarantee, the Debentures and any other instruments, agreements or other documents executed and/or delivered
in connection herewith or therewith, in each case, whether now or hereafter existing, voluntary or involuntary, direct or indirect,
absolute or contingent, liquidated or unliquidated, whether or not jointly owed with others, and whether or not from time to time
decreased or extinguished and later increased, created or incurred, and all or any portion of such obligations or liabilities that
are paid, to the extent all or any part of such payment is avoided or recovered directly or indirectly from any of the Purchasers
as a preference, fraudulent transfer or otherwise as such obligations may be amended, supplemented, converted, extended or modified
from time to time. Without limiting the generality of the foregoing, the term “Obligations” shall include, without
limitation: (i) principal of, and interest on the Debentures and the loans extended pursuant thereto; (ii) any and all other fees,
indemnities, costs, obligations and liabilities of the Company or any Guarantor from time to time under or in connection with this
Guarantee, the Debentures and any other instruments, agreements or other documents executed and/or delivered in connection herewith
or therewith; and (iii) all amounts (including but not limited to post-petition interest) in respect of the foregoing that would
be payable but for the fact that the obligations to pay such amounts are unenforceable or not allowable due to the existence of
a bankruptcy, reorganization or similar proceeding involving the Company or any Guarantor.

 

2.          Guarantee.

 

(a)          Guarantee.

 

(i)          The
Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantee to the Purchasers and their respective successors,
indorsees, transferees and assigns, the prompt and complete payment and performance when due (whether at the stated maturity, by
acceleration or otherwise) of the Obligations.

 

(ii)         Anything
herein or in any other Transaction Document to the contrary notwithstanding, the maximum liability of each Guarantor hereunder
and under the other Transaction Documents shall in no event exceed the amount which can be guaranteed by such Guarantor under applicable
federal and state laws, including laws relating to the insolvency of debtors, fraudulent conveyance or transfer or laws affecting
the rights of creditors generally (after giving effect to the right of contribution established in Section 2(b)).

 

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(iii)        Each
Guarantor agrees that the Obligations may at any time and from time to time exceed the amount of the liability of such Guarantor
hereunder without impairing the guarantee contained in this Section 2 or affecting the rights and remedies of the Purchasers hereunder.

 

(iv)        The
guarantee contained in this Section 2 shall remain in full force and effect until all the Obligations and the obligations of each
Guarantor under the guarantee contained in this Section 2 shall have been satisfied by indefeasible payment in full.

 

(v)         No
payment made by the Company, any of the Guarantors, any other guarantor or any other Person or received or collected by the Purchasers
from the Company, any of the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any set-off
or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed
to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding any such payment
(other than any payment made by such Guarantor in respect of the Obligations or any payment received or collected from such Guarantor
in respect of the Obligations), remain liable for the Obligations up to the maximum liability of such Guarantor hereunder until
the Obligations are indefeasibly paid in full.

 

(vi)        Notwithstanding
anything to the contrary in this Guarantee, with respect to any defaulted non-monetary Obligations the specific performance of
which by the Guarantors is not reasonably possible (e.g. the issuance of the Company's Common Stock), the Guarantors shall only
be liable for making the Purchasers whole on a monetary basis for the Company's failure to perform such Obligations in accordance
with the Transaction Documents.

 

(b)          Right
of Contribution. Subject to Section 2(c), each Guarantor hereby agrees that to the extent that a Guarantor shall have paid
more than its proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and receive contribution
from and against any other Guarantor hereunder which has not paid its proportionate share of such payment. Each Guarantor's right
of contribution shall be subject to the terms and conditions of Section 2(c). The provisions of this Section 2(b) shall in no respect
limit the obligations and liabilities of any Guarantor to the Purchasers and each Guarantor shall remain liable to the Purchasers
for the full amount guaranteed by such Guarantor hereunder.

 

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(c)          No
Subrogation. Notwithstanding any payment made by any Guarantor hereunder or any set-off or application of funds of any Guarantor
by the Purchasers, no Guarantor shall be entitled to be subrogated to any of the rights of the Purchasers against the Company or
any other Guarantor or any collateral security or guarantee or right of offset held by the Purchasers for the payment of the Obligations,
nor shall any Guarantor seek or be entitled to seek any contribution or reimbursement from the Company or any other Guarantor in
respect of payments made by such Guarantor hereunder, until all amounts owing to the Purchasers by the Company on account of the
Obligations are indefeasibly paid in full. If any amount shall be paid to any Guarantor on account of such subrogation rights at
any time when all of the Obligations shall not have been paid in full, such amount shall be held by such Guarantor in trust for
the Purchasers, segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over
to the Purchasers in the exact form received by such Guarantor (duly indorsed by such Guarantor to the Purchasers, if required),
to be applied against the Obligations, whether matured or unmatured, in such order as the Purchasers may determine.

 

(d)          Amendments,
Etc. With Respect to the Obligations. Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation
of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment of any of the
Obligations made by the Purchasers may be rescinded by the Purchasers and any of the Obligations continued, and the Obligations,
or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of
offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated,
compromised, waived, surrendered or released by the Purchasers, and the Purchase Agreement and the other Transaction Documents
and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in
whole or in part, as the Purchasers may deem advisable from time to time, and any collateral security, guarantee or right of offset
at any time held by the Purchasers for the payment of the Obligations may be sold, exchanged, waived, surrendered or released.
The Purchasers shall have no obligation to protect, secure, perfect or insure any Lien at any time held by them as security for
the Obligations or for the guarantee contained in this Section 2 or any property subject thereto.

 

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(e)          Guarantee
Absolute and Unconditional. Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any
of the Obligations and notice of or proof of reliance by the Purchasers upon the guarantee contained in this Section 2 or acceptance
of the guarantee contained in this Section 2; the Obligations, and any of them, shall conclusively be deemed to have been created,
contracted or incurred, or renewed, extended, amended or waived, in reliance upon the guarantee contained in this Section 2; and
all dealings between the Company and any of the Guarantors, on the one hand, and the Purchasers, on the other hand, likewise shall
be conclusively presumed to have been had or consummated in reliance upon the guarantee contained in this Section 2. Each Guarantor
waives to the extent permitted by law diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Company or any of the Guarantors with
respect to the Obligations. Each Guarantor understands and agrees that the guarantee contained in this Section 2 shall be construed
as a continuing, absolute and unconditional guarantee of payment and performance without regard to (a) the validity or enforceability
of the Purchase Agreement or any other Transaction Document, any of the Obligations or any other collateral security therefor or
guarantee or right of offset with respect thereto at any time or from time to time held by the Purchasers, (b) any defense, set-off
or counterclaim (other than a defense of payment or performance or fraud by Purchasers) which may at any time be available to or
be asserted by the Company or any other Person against the Purchasers, or (c) any other circumstance whatsoever (with or without
notice to or knowledge of the Company or such Guarantor) which constitutes, or might be construed to constitute, an equitable or
legal discharge of the Company for the Obligations, or of such Guarantor under the guarantee contained in this Section 2, in bankruptcy
or in any other instance. When making any demand hereunder or otherwise pursuing its rights and remedies hereunder against any
Guarantor, the Purchasers may, but shall be under no obligation to, make a similar demand on or otherwise pursue such rights and
remedies as they may have against the Company, any other Guarantor or any other Person or against any collateral security or guarantee
for the Obligations or any right of offset with respect thereto, and any failure by the Purchasers to make any such demand, to
pursue such other rights or remedies or to collect any payments from the Company, any other Guarantor or any other Person or to
realize upon any such collateral security or guarantee or to exercise any such right of offset, or any release of the Company,
any other Guarantor or any other Person or any such collateral security, guarantee or right of offset, shall not relieve any Guarantor
of any obligation or liability hereunder, and shall not impair or affect the rights and remedies, whether express, implied or available
as a matter of law, of the Purchasers against any Guarantor. For the purposes hereof, “demand” shall include the commencement
and continuance of any legal proceedings.

 

(f)          Reinstatement.
The guarantee contained in this Section 2 shall continue to be effective, or be reinstated, as the case may be, if at any time
payment, or any part thereof, of any of the Obligations is rescinded or must otherwise be restored or returned by the Purchasers
upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of the Company or any Guarantor, or upon or as a result
of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Company or any Guarantor
or any substantial part of its property, or otherwise, all as though such payments had not been made.

 

(g)          Payments.
Each Guarantor hereby guarantees that payments hereunder will be paid to the Purchasers without set-off or counterclaim in U.S.
dollars at the address set forth or referred to in the Signature Pages to the Purchase Agreement.

 

3.          Representations
and Warranties. Each Guarantor hereby makes the following representations and warranties to Purchasers as of the date hereof:

 

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(a)          Organization
and Qualification. The Guarantor is a corporation, duly incorporated, validly existing and in good standing under the laws
of the applicable jurisdiction set forth on Schedule 1, with the requisite corporate power and authority to own and use its properties
and assets and to carry on its business as currently conducted. The Guarantor has no subsidiaries other than those identified as
such on the Disclosure Schedules to the Purchase Agreement. The Guarantor is duly qualified to do business and is in good standing
as a foreign corporation in each jurisdiction in which the nature of the business conducted or property owned by it makes such
qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, could not, individually
or in the aggregate, (x) adversely affect the legality, validity or enforceability of any of this Guaranty in any material respect,
(y) have a material adverse effect on the results of operations, assets, prospects, or financial condition of the Guarantor or
(z) adversely impair in any material respect the Guarantor's ability to perform fully on a timely basis its obligations under this
Guaranty (a “Material Adverse Effect”).

 

(b)          Authorization;
Enforcement. The Guarantor has the requisite corporate power and authority to enter into and to consummate the transactions
contemplated by this Guaranty, and otherwise to carry out its obligations hereunder. The execution and delivery of this Guaranty
by the Guarantor and the consummation by it of the transactions contemplated hereby have been duly authorized by all requisite
corporate action on the part of the Guarantor. This Guaranty has been duly executed and delivered by the Guarantor and constitutes
the valid and binding obligation of the Guarantor enforceable against the Guarantor in accordance with its terms, except as such
enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating
to, or affecting generally the enforcement of, creditors' rights and remedies or by other equitable principles of general application.

 

(c)          No
Conflicts. The execution, delivery and performance of this Guaranty by the Guarantor and the consummation by the Guarantor
of the transactions contemplated thereby do not and will not (i) conflict with or violate any provision of its Certificate of Incorporation
or By-laws or (ii) conflict with, 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, indenture or instrument
to which the Guarantor is a party, or (iii) result in a violation of any law, rule, regulation, order, judgment, injunction, decree
or other restriction of any court or governmental authority to which the Guarantor is subject (including Federal and State securities
laws and regulations), or by which any material property or asset of the Guarantor is bound or affected, except in the case of
each of clauses (ii) and (iii), such conflicts, defaults, terminations, amendments, accelerations, cancellations and violations
as could not, individually or in the aggregate, have or result in a Material Adverse Effect. The business of the Guarantor is not
being conducted in violation of any law, ordinance or regulation of any governmental authority, except for violations which, individually
or in the aggregate, do not have a Material Adverse Effect.

 

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(d)          Consents
and Approvals. The Guarantor is not required to obtain any consent, waiver, authorization or order of, or make any filing or
registration with, any court or other federal, state, local, foreign or other governmental authority or other person in connection
with the execution, delivery and performance by the Guarantor of this Guaranty.

 

(e)          Purchase
Agreement. The representations and warranties of the Company set forth in the Purchase Agreement as they relate to such Guarantor,
each of which is hereby incorporated herein by reference, are true and correct as of each time such representations are deemed
to be made pursuant to such Purchase Agreement, and the Purchasers shall be entitled to rely on each of them as if they were fully
set forth herein, provided that each reference in each such representation and warranty to the Company's knowledge shall, for the
purposes of this Section 3, be deemed to be a reference to such Guarantor's knowledge.

 

(f)          Foreign
Law. Each Guarantor has consulted with appropriate foreign legal counsel with respect to any of the above representations for
which non-U.S. law is applicable. Such foreign counsel have advised each applicable Guarantor that such counsel knows of no reason
why any of the above representations would not be true and accurate. Such foreign counsel was provided with copies of this Subsidiary
Guarantee and the Transaction Documents prior to rendering their advice.

 

4.          Covenants.

 

(a)          Each
Guarantor covenants and agrees with the Purchasers that, from and after the date of this Guarantee until the Obligations shall
have been indefeasibly paid in full, such Guarantor shall take, and/or shall refrain from taking, as the case may be, each commercially
reasonable action that is necessary to be taken or not taken, as the case may be, so that no Event of Default (as defined in the
Debentures) is caused by the failure to take such action or to refrain from taking such action by such Guarantor.

 

(b)          So
long as any of the Obligations are outstanding, unless Purchasers holding at least 67% of the aggregate principal amount of the
then outstanding Debentures shall otherwise consent in writing, each Guarantor will not directly or indirectly on or after the
date of this Guarantee:

 

i.            other
than Guarantor Permitted Indebtedness, enter into, create, incur, assume or suffer to exist any indebtedness for borrowed money
of any kind, including but not limited to, a guarantee, on or with respect to any of its property or assets now owned or hereafter
acquired or any interest therein or any income or profits therefrom;

 

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ii.         other
than Guarantor Permitted Liens, enter into, create, incur, assume or suffer to exist any liens of any kind, on or with respect
to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom;

 

iii.         amend
its certificate of incorporation, bylaws or other charter documents so as to adversely affect any rights of any Purchaser;

 

iv.         repay,
repurchase or offer to repay, repurchase or otherwise acquire more than a de minimis number of shares of its securities or debt
obligations;

 

v.           pay
cash dividends on any equity securities of the Company;

 

vi.         enter
into any transaction with any Affiliate of the Guarantor which would be required to be disclosed in any public filing of the Company
with the Commission, unless such transaction is made on an arm’s-length basis and expressly approved by a majority of the
disinterested directors of the Company (even if less than a quorum otherwise required for board approval); or

 

vii.         enter
into any agreement with respect to any of the foregoing.

 

5.          Miscellaneous.

 

(a)          Amendments
in Writing. None of the terms or provisions of this Guarantee may be waived, amended, supplemented or otherwise modified except
in writing by the Purchasers.

 

(b)          Notices.
All notices, requests and demands to or upon the Purchasers or any Guarantor hereunder shall be effected in the manner provided
for in the Purchase Agreement, provided that any such notice, request or demand to or upon any Guarantor shall be addressed to
such Guarantor at its notice address set forth on Schedule 5(b).

 

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(c)          No
Waiver By Course Of Conduct; Cumulative Remedies. The Purchasers shall not by any act (except by a written instrument pursuant
to Section 5(a)), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced
in any default under the Transaction Documents or Event of Default. No failure to exercise, nor any delay in exercising, on the
part of the Purchasers, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise
of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right,
power or privilege. A waiver by the Purchasers of any right or remedy hereunder on any one occasion shall not be construed as a
bar to any right or remedy which the Purchasers would otherwise have on any future occasion. The rights and remedies herein provided
are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law.

 

(d)          Enforcement
Expenses; Indemnification.

 

(i)          Each
Guarantor agrees to pay, or reimburse the Purchasers for, all its costs and expenses incurred in collecting against such Guarantor
under the guarantee contained in Section 2 or otherwise enforcing or preserving any rights under this Guarantee and the other Transaction
Documents to which such Guarantor is a party, including, without limitation, the reasonable fees and disbursements of counsel to
the Purchasers.

 

(ii)         Each
Guarantor agrees to pay, and to save the Purchasers harmless from, any and all liabilities with respect to, or resulting from any
delay in paying, any and all stamp, excise, sales or other taxes which may be payable or determined to be payable in connection
with any of the transactions contemplated by this Guarantee.

 

(iii)        Each
Guarantor agrees to pay, and to save the Purchasers harmless from, any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery,
enforcement, performance and administration of this Guarantee to the extent the Company would be required to do so pursuant to
the Purchase Agreement.

 

(iv)        The
agreements in this Section shall survive repayment of the Obligations and all other amounts payable under the Purchase Agreement
and the other Transaction Documents.

 

(e)          Successor
and Assigns. This Guarantee shall be binding upon the successors and assigns of each Guarantor and shall inure to the benefit
of the Purchasers and their respective successors and assigns; provided that no Guarantor may assign, transfer or delegate any
of its rights or obligations under this Guarantee without the prior written consent of the Purchasers.

 

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(f)          Set-Off.
Each Guarantor hereby irrevocably authorizes the Purchasers at any time and from time to time while an Event of Default under any
of the Transaction Documents shall have occurred and be continuing, without notice to such Guarantor or any other Guarantor, any
such notice being expressly waived by each Guarantor, to set-off and appropriate and apply any and all deposits, credits, indebtedness
or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time
held or owing by the Purchasers to or for the credit or the account of such Guarantor, or any part thereof in such amounts as the
Purchasers may elect, against and on account of the obligations and liabilities of such Guarantor to the Purchasers hereunder and
claims of every nature and description of the Purchasers against such Guarantor, in any currency, whether arising hereunder, under
the Purchase Agreement, any other Transaction Document or otherwise, as the Purchasers may elect, whether or not the Purchasers
have made any demand for payment and although such obligations, liabilities and claims may be contingent or unmatured. The Purchasers
shall notify such Guarantor promptly of any such set-off and the application made by the Purchasers of the proceeds thereof, provided
that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the Purchasers
under this Section are in addition to other rights and remedies (including, without limitation, other rights of set-off) which
the Purchasers may have.

 

(g)          Counterparts.
This Guarantee may be executed by one or more of the parties to this Guarantee on any number of separate counterparts (including
by telecopy), and all of said counterparts taken together shall be deemed to constitute one and the same instrument.

 

(h)          Severability.
Any provision of this Guarantee which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

(i)          Section
Headings. The Section headings used in this Guarantee are for convenience of reference only and are not to affect the construction
hereof or be taken into consideration in the interpretation hereof.

 

(j)          Integration.
This Guarantee and the other Transaction Documents represent the agreement of the Guarantors and the Purchasers with respect to
the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Purchasers
relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the other Transaction Documents.

 

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(k)          Governing
Laws. All questions concerning the construction, validity, enforcement and interpretation of this
Guarantee shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without
regard to the principles of conflicts of law thereof. Each of the Company and the Guarantors agree that all proceedings concerning
the interpretations, enforcement and defense of the transactions contemplated by this Guarantee (whether brought against a party
hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be commenced
exclusively in the state and federal courts sitting in the City of New York, Borough of Manhattan. Each of the Company and the
Guarantors hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the City of New
York, Borough of Manhattan for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated
hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any proceeding, any claim that it is not
personally subject to the jurisdiction of any such court, that such proceeding is improper. Each party hereto hereby irrevocably
waives personal service of process and consents to process being served in any such proceeding by mailing a copy thereof via registered
or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under
this Guarantee and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing
contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. Each party hereto
hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding
arising out of or relating to this Guarantee or the transactions contemplated hereby.

 

(l)          Acknowledgements.
Each Guarantor hereby acknowledges that:

 

(i)          it
has been advised by counsel in the negotiation, execution and delivery of this Guarantee and the other Transaction Documents to
which it is a party;

 

(ii)         the
Purchasers have no fiduciary relationship with or duty to any Guarantor arising out of or in connection with this Guarantee or
any of the other Transaction Documents, and the relationship between the Guarantors, on the one hand, and the Purchasers, on the
other hand, in connection herewith or therewith is solely that of debtor and creditor; and

 

(iii)        no
joint venture is created hereby or by the other Transaction Documents or otherwise exists by virtue of the transactions contemplated
hereby among the Guarantors and the Purchasers.

 

(m)          Additional
Guarantors. The Company shall cause each of its subsidiaries formed or acquired on or subsequent to the date hereof to
become a Guarantor for all purposes of this Guarantee by executing and delivering an Assumption Agreement in the form of Annex
1 hereto.

 

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(n)          Release
of Guarantors. Each Guarantor will be released from all liability hereunder concurrently with the indefeasible repayment in
full of all amounts owed under the Purchase Agreement, the Debentures and the other Transaction Documents.

 

(o)          Seniority.
The Obligations of each of the Guarantors hereunder rank senior in priority to any other Indebtedness (as defined in the Purchase
Agreement) of such Guarantor.

 

(p)          WAIVER
OF JURY TRIAL. EACH GUARANTOR AND, BY ACCEPTANCE OF THE BENEFITS HEREOF, THE PURCHASERS, HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS GUARANTEE AND FOR ANY COUNTERCLAIM THEREIN.

 

*********************

 

(Signature
Pages Follow)

 

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IN WITNESS WHEREOF,
each of the undersigned has caused this Guarantee to be duly executed and delivered as of the date first above written.

 

	fcid medical, inc.	 
	 	 	 
	By: 	      	 
	 	Name:	 
	 	Title:	 

 

	first choice medical group of brevard, llc	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

Acknowledged and Agreed:

 

	FIRST CHOICE HEALTHCARE SOLUTIONS, INC.	 
	 	 	 
	By: 	                 	 
	 	Name:	 
	 	Title:	 

 

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SCHEDULE 1

 

GUARANTORS

 

The following are the names, notice addresses
and jurisdiction of organization of each Guarantor.

 

	 	 		 	COMPANY
	 	 	JURISDICTION OF	 	OWNED BY
	 	 	INCORPORATION	 	PERCENTAGE
	 	 	 	 	 
	FCID Medical, Inc.	 	 	 	 
	 	 	 	 	 
	First Choice Medical Group	 	 	 	 
	of Brevard, LLC	 	 	 	 

 

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Schedule
A

 

Guarantor
Permitted Indebtedness

 

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Annex 1 to

SUBSIDIARY GUARANTEE

 

ASSUMPTION AGREEMENT, dated as of ____
__, ______ made by ______________________________, a ______________ corporation (the “Additional Guarantor”),
in favor of the Purchasers pursuant to the Purchase Agreement referred to below. All capitalized terms not defined herein shall
have the meaning ascribed to them in such Purchase Agreement.

 

WITNESSETH:

 

WHEREAS, First Choice Healthcare Solutions, Inc., a Delaware corporation (the “Company”), and the Purchasers
have entered into a Securities Purchase Agreement, dated as of November ___, 2013 (as amended, supplemented or otherwise modified
from time to time, the “Purchase Agreement”);

 

WHEREAS, in connection with the Purchase Agreement, the Subsidiaries of the Company (other than the Additional Guarantor)
have entered into the Subsidiary Guarantee, dated as of November ____, 2013 (as amended, supplemented or otherwise modified from
time to time, the “Guarantee”) in favor of the Purchasers;

 

WHEREAS, the Purchase Agreement requires the Additional Guarantor to become a party to the Guarantee; and

 

WHEREAS, the
Additional Guarantor has agreed to execute and deliver this Assumption Agreement in order to become a party to the
Guarantee;

 

NOW, THEREFORE,
IT IS AGREED:

 

1.          Guarantee.
By executing and delivering this Assumption Agreement, the Additional Guarantor, as provided in Section 5(m) of the Guarantee,
hereby becomes a party to the Guarantee as a Guarantor thereunder with the same force and effect as if originally named therein
as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities
of a Guarantor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule
1 to the Guarantee. The Additional Guarantor hereby represents and warrants that each of the representations and warranties contained
in Section 3 of the Guarantee is true and correct on and as the date hereof as to such Additional Guarantor (after giving effect
to this Assumption Agreement) as if made on and as of such date.

 

2.          Governing
Law. THIS ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE
OF NEW YORK.

 

    	16

    	 

    

 

IN WITNESS
WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and delivered as of the date first above
written.

 

	 	[ADDITIONALGUARANTOR]	 
	 	 	 	 
	 	By:	                 	 
	 	Name:	 
	 	Title:	 

 

    	17EXHIBIT 10.1

INDEPENDENT CONTRACTOR AGREEMENT

 

This Independent Contractor Agreement (this
"Agreement") is made effective as of August 15, 2013, by and between Eventure Interactive Inc. of 3420 Bristol Street,
6th Floor, Costa Mesa, California 92626, and Jigsaw Partners Inc. of 3420 Bristol Street, 6th Floor, Costa Mesa, California 92626.
In this Agreement, the party who is contracting to receive the services shall be referred to as "EVTI", and the party
who will be providing the services shall be referred to as "Jigsaw".

 

1.            DESCRIPTION OF SERVICES.  Jigsaw will
provide marketing and other services to EVTI (collectively, the "Services") intended to generate traffic / users to EVTI’s
products and services. Jigsaw represents and warrants to EVTI that it is under no contractual or other restrictions or obligations
which are inconsistent with the execution of this Agreement, or which will interfere with the provision of the Services. Jigsaw
represents and warrants that the execution and performance of this Agreement will not violate any policies or procedures of any
other person or entity for which it will be performing Services concurrently with those to be performed herein.

 

2.            TERM.  The term of this Agreement (the
“Term”) shall commence as of the Effective Date, and continue for a period of two (2) years. Thereafter, this Agreement
may be renewed or extended for any period as may be mutually agreed to by the parties.

 

3.            COMPENSATION.

 

(a)         Cash Retainer.  EVTI
shall pay Jigsaw cash compensation on a monthly basis following each month of the Term. The monthly cash compensation shall be
in the amount of $2,500 payable on the 15th of each month with the first payment being payable on September 15, 2013.

 

(b)        Bounty Payments.  EVTI
shall make bounty payments to Jigsaw on the basis of a $0.10 Bounty per download / acquisition of new users (defined as application
downloads or new user accounts created that logs in and creates 2 new sessions). Such bounty payments are due within 30 days of
download.

 

(c)         Commission on Net New Revenue.  EVTI
shall pay Jigsaw a 10% Commission on net new revenue derived from invitation sales, cloud storage, ad suppression and other services
offered to consumers from time to time deemed to be generated by active use accounts established via the traffic generation efforts
of Jigsaw. (For purposes of the foregoing, net new revenue is defined as revenue minus the cost of the service allocated to the
exact type of revenue.)

 

    	 

    	 

    

 

(d)         Commission on Net Renewal Revenue.  EVTI
shall pay Jigsaw a 5% commission on net renewal revenue derived from cloud storage, ad suppression and other continuity services
offered to consumers from time to time deemed to be generated by active use accounts established via the traffic generation efforts
of Jigsaw. (Net Renewal Revenue is defined as revenue minus the cost of the service allocated to the exact type of revenue.) The
obligation of EVTI to pay Net Renewal Revenue to Jigsaw shall continue, to the extent applicable, beyond the termination of this
Agreement.

 

(e)         Equity in Lieu of Cash.  Jigsaw
may, in its sole discretion, agree to accept shares of EVTI restricted common stock in lieu of any cash payments due to Jigsaw
under this Section 3. Jigsaw may do so by providing written notice thereof to EVTI. In such event the number of shares issuable
to Jigsaw shall be determined at the discretion of Jigsaw based upon (i) the average closing price of EVTI common stock during
the five trading days immediately prior to the date on which such written notice is received by EVTI after applying a 10% discount
to such average closing price, or (ii) to the extent applicable, the price at which EVTI is offering shares of EVTI’s restricted
common stock in a private placement offering taking place at the time that the written notice is received, or if no such private
placement offering is then taking place, at the price at which EVTI sold shares of common stock in a private placement offering
which was completed and closed within 30 days of the date on which the written notice was received. By way of example with regard
to (i) above, if Jigsaw agrees to convert $10,000 of cash compensation based upon an average closing price of $4.00 per share,
Jigsaw would be entitled to receive approximately 2,778 shares which represents 10,000 divided by 3.60.

 

(f)          Independent Contractor.  The
parties agree that all Services will be rendered by Jigsaw as an independent contractor and that this Agreement does not create
an employer-employee relationship between Jigsaw and EVTI. Jigsaw shall have no right to receive any employee benefits including,
but not limited to, health and accident insurance, life insurance, sick leave and/or vacation. Jigsaw agrees to pay all taxes including,
self-employment taxes due in respect of any compensation received by it under this Agreement and to indemnify EVTI in the event
EVTI is required to pay any such taxes on behalf of Jigsaw.

 

4.            CONFIDENTIAL INFORMATION

 

(a)         General.  For the
purposes of this Agreement, Confidential Information shall mean and collectively include: all information relating to the business,
plans and/or technology of EVTI including, but not limited to technical information including inventions, methods, plans, processes,
specifications, characteristics, assays, raw data, records, databases, formulations, know-how, experience, and trade secrets; developmental,
marketing, sales, customer, supplier, consulting relationship information, operating, performance, and cost information; computer
programming techniques whether in tangible or intangible form, and all record bearing media containing or disclosing the foregoing
information and techniques including, written business plans, patents and patent applications, grant applications, notes, and memoranda,
whether in writing or presented, stored or maintained in or by electronic, magnetic, or other means.

 

    	2

    	 

    

 

Notwithstanding the foregoing, the term
“Confidential Information” shall not include any information which: (a) can be demonstrated to have been in the public
domain or was publicly known or available prior to the date of the disclosure to Jigsaw; (b) can be demonstrated in writing to
have been rightfully in the possession of Jigsaw prior to the disclosure of such information to Jigsaw by EVTI; or (c) becomes
part of the public domain or publicly known or available by publication or otherwise, not due to any unauthorized act or omission
on the part of Jigsaw.

 

(b)        Non Disclosure to Third Parties.  Except
as required by Jigsaw’s Services, Jigsaw shall not, at any time now or in the future, directly or indirectly, use, publish,
disseminate or otherwise disclose any Confidential Information, to any third party without the prior written consent of EVTI which
consent may be denied in each instance and all of the same, shall belong exclusively to EVTI.

 

(c)         Documents, etc.  All
documents, diskettes, tapes, procedural manuals, guides, specifications, plans, drawings, designs and similar materials, lists
of present, past or prospective customers, customer proposals, invitations to submit proposals, price lists and data relating to
the pricing of EVTI’ products and services, records, notebooks and all other materials containing Confidential Information,
that come into Jigsaw’s possession or control by reason of Jigsaw’s performance of the relationship, whether prepared
by Jigsaw or others: (a) are the property of EVTI, (b) will not be used by Jigsaw in any way other than in connection with the
performance of the Services, (c) will not be provided or shown to any third party by Jigsaw, (d) will not be removed from EVTI’s
or Jigsaw’s premises (except as Jigsaw’s Services require), and (e) at the termination (for whatever reason), of Jigsaw’s
relationship with EVTI, will be left with, or forthwith returned by Jigsaw to EVTI.

 

5.            EQUITABLE RELIEF.  Jigsaw agrees that
any breach of Article 4 above by it would cause irreparable damage to EVTI and that, in the event of such breach, EVTI shall have,
in addition to any and all remedies of law, the right to an injunction, specific performance or other equitable relief to prevent
the violation or threatened violation of Jigsaw’s obligations hereunder.

 

6.            MISCELLANEOUS.

 

(a)         Any waiver by EVTI of a breach of
any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach of the same or any other
provision hereof. All waivers by EVTI shall be in writing.

 

(b)        In case any one or more of the provisions
or parts of a provision contained in this Agreement 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;
and this Agreement shall, to the fullest extent lawful, be reformed and construed as if such invalid or illegal or unenforceable
provision, or part of a provision, had never been contained herein, and such provision or part reformed so that it would be valid,
legal and enforceable to the maximum extent possible. Without limiting the foregoing, if any provision (or part of provision) contained
in this Agreement shall for any reason be held to be excessively broad as to duration, activity or subject, it shall be construed
by limiting and reducing it, so as to be enforceable to the fullest extent compatible with then existing applicable law.

 

    	3

    	 

    

 

(c)         EVTI shall have the right to assign
its rights and obligations under this Agreement to a party which assumes EVTI’s obligations hereunder. Jigsaw shall not have
the right to assign its rights or obligations under this Agreement without the prior written consent of EVTI.

 

(d)        Headings and subheadings are for
convenience only and shall not be deemed to be a part of this Agreement.

 

(e)         This Agreement may be amended or
modified, in whole or in part, only by an instrument in writing signed by all parties hereto. Any amendment, consent, decision,
waiver or other action to be made, taken or given by EVTI with respect to the Agreement shall be made, taken or given on behalf
of EVTI only by authority of EVTI’s Board of Directors.

 

(f)         Any notices or other communications
required hereunder shall be in writing and shall be deemed given when delivered in person, when faxed or emailed (assuming proof
of receipt can be established), if mailed, by certified or registered first class mail, postage prepaid, return receipt requested,
when received. All such notices and communications shall be addressed to the parties at their addresses specified in the preamble
to this Agreement or to such other addresses of which a party shall have notified the others in accordance with the provisions
of this Section 7(f).

 

(g)        This Agreement and any questions
concerning its validity, construction or performance shall be governed by the laws of the State of California, without regard to
any state’s choice of law provisions. Courts within the State of California will have jurisdiction over all disputes between
the parties arising out of or relating to this Agreement.

 

(h)        The provisions of Sections 3 and
4 of this Agreement shall survive the expiration of the Term or the termination of this Agreement. This Agreement supersedes all
prior agreements, written or oral, between EVTI and Jigsaw relating to the subject matter of this Agreement.

 

    	4

    	 

    

 

(i)          This Agreement may be executed in
multiple counterparts, each one of which shall be deemed an original, but all of which shall be considered together as one and
the same instrument. Delivery of an executed counterpart of this Agreement may be made by facsimile or other electronic transmission.
Any such counterpart or signature pages sent by facsimile or other electronic transmission shall be deemed to be written and signed
originals for all purposes, and copies of this Agreement containing one or more signature pages that have been delivered by facsimile
or other electronic transmission shall constitute enforceable original documents. As used in this Agreement, the term “electronic
transmission” means and refers to any form of communication not directly involving the physical transmission of paper that
creates a record that may be retained, retrieved and reviewed by a recipient of the communication, and that may be directly reproduced
in paper form by such a recipient through an automated process.

 

[Signature page follows]

 

    	5

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Independent Contractor Agreement effective as of the date first written above.

 

	EVENTURE INTERACTIVE INC.

	 	JIGSAW PARTNERS, INC.

	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	By:	/s/ Gannon Giguiere	 	By:	/s/ Vinay Jatwani	 
	Name:	Gannon Giguiere	 	Name:	Vinay Jatwani	 
	Title:	CEO	 	Title:	CEO	 

 

    	6

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