Document:

Exhibit
10.109

 

THE
SECURITIES PURCHASED BY THIS PURCHASE AGREEMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY APPLICABLE STATE SECURITIES
LAWS, AND TRANSFER OF THE SECURITIES IS RESTRICTED BY THE TERMS OF THIS PURCHASE AGREEMENT, THE COMPANY’S AMENDED AND RESTATED
OPERATING AGREEMENT AND BY APPLICABLE LAW.

 

AMENDED
AND RESTATED

 

SECURITIES
PURCHASE AGREEMENT

 

THIS
AMENDED AND RESTATED SECURITIES PURCHASE AGREEMENT (this “Purchase Agreement”) is made by and between Investview
Financial Group Holdings, LLC, a Delaware limited liability company (the “Company”), Investview, Inc.,
a Nevada corporation (“Investview”), and SSA Technologies LLC, a New Jersey limited liability company (“Purchaser”),
as of September 3, 2021. In this Purchase Agreement, the Company, Investview and Purchaser are sometimes referred to individually as
a “Party” and collectively as the “Parties.”

 

WHEREAS,
pursuant to the terms of the Limited Liability Company Agreement, dated as of March 22, 2021 (the “Operating Agreement”)
among the members of the Company, the Company may issue “Class B Units,” which are exchangeable into shares of the Common
Stock of Investview pursuant to the terms set forth therein (the “Conversion Shares”);

 

WHEREAS,
the Company, Investview and Purchaser are parties to that certain Securities Purchase Agreement dated as of March 22, 2021 (the “Existing
Purchase Agreement”), whereby Purchaser has agreed to purchase, and the Subsidiary has agree to sell, 240,000,000 Class B Units
of the Company (the “Interests”) pursuant to the terms and subject to the conditions set forth therein;

 

WHEREAS,
as of March 22, 2021, in conjunction with the transactions contemplated by this Purchase Agreement, the Company, the Purchaser and certain
other parties thereto entered into a Securities Purchase Agreement (the “LevelX Capital Agreement”), pursuant to which
the Company will issue Class B Units to the Purchaser and such other parties in exchange for the equity of LevelX Capital LLC, and the
Company is entering into a Securities Purchase Agreement with MPower Trading Systems LLC (the “Other Purchase Agreements”);
and

 

WHEREAS,
the Company, Investview and the Purchaser desire to amend certain terms set forth therein, as more fully set forth herein.

 

NOW,
THEREFORE, in consideration of the terms and conditions herein contained and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Parties, intending to be legally bound hereby, agree as follows:

 

1.
Purchase of Interests.

 

(a)
Subject to the terms and conditions of this Purchase Agreement, Purchaser hereby irrevocably agrees to purchase the Interests in exchange
for the Consideration (as defined below) and otherwise upon the terms and conditions set forth herein (the “Purchase”)
at the Closing. The Interests being purchased under this Purchase Agreement are also referred to herein collectively as the “Securities.”
The rights and preferences of the Interests are as set forth in the Operating Agreement.

 

    	 

     

    

 

(b)
As “Consideration” for the purchase and sale of the Securities, the Purchaser hereby irrevocably agrees to:

 

(i)
contribute, transfer and assign to the Company all of Purchaser’s assets (the “Assets”) at the Closing, including
but not limited to:

 

(1)
all one-hundred percent of the Purchaser’s right, title and interest in and to the membership or other equity interests of LevelX
Advisors LLC (“LevelX Advisors”) with full title guarantee as of the date hereof; and

 

(2)
all one-hundred percent of the Purchaser’s right, title and interest in and to the membership or other equity interests of any
other entity owned by Purchaser (“Other Subsidiary”), with full title guarantee as of the date hereof; and

 

(3)
all other assets of Purchaser of every nature, tangible and intangible, including all intellectual property and all contracts, permits
and other rights;

 

provided,
however, that the Assets (as defined in this Purchase Agreement) shall exclude the Purchaser’s right, title and interest in and
to the membership or other equity interests of LevelX Capital LLC, including LevelX Capital LLC’s BD Net-Capital Account; and

 

(ii)
loan up to $1,500,000 aggregate principal amount to the Company from time to time for working capital purposes, as evidenced by that
certain Promissory Note, substantially in the form attached hereto as Exhibit A (the “Promissory Note”).

 

(c)
The Company hereby irrevocably agrees to accept the Assets at the Closing and, pursuant to and in accordance with the terms and conditions
of this Purchase Agreement, hereby irrevocably agrees to assume at the Closing and to pay, perform and discharge when due all liabilities
and obligations with respect to or otherwise related to the Assets, but excluding all liabilities that are not either (i) conveyed by
the transfer of the equity of a subsidiary or (ii) ordinary course operating liabilities of the business of the Purchaser conveyed pursuant
hereto (the “Liabilities”).

 

The
purchase of Interests involves significant risks, as more fully set forth on Appendix A of this Purchase Agreement.

 

2.
Conditions Precedent to Closing; Closing.

 

(a)
The Company’s obligation to proceed to the closing of the transactions contemplated hereby (the “Closing”) is
subject to the fulfillment, or waiver by the Company, on or prior to the Closing of each of the following:

 

(i)
the simultaneous closing of the transactions contemplated by the LevelX Capital Agreement;

 

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(ii)
receipt of all consents, authorizations, orders and approvals of, and completion of all filings and registrations that are required for
or in connection with the consummation by Purchaser of the transactions contemplated hereby;

 

(iii)
Purchaser shall have delivered an executed joinder or signature page to the Operating Agreement;

 

(iv)
Purchaser shall have delivered a copy of that certain Registration Rights Agreement, by and among the Company and the other parties thereto
(the “Registration Rights Agreement”), executed by Purchaser;

 

(v)
Purchaser shall have delivered an executed Lock-Up Agreement with respect to the Conversion Shares (the “Lock-Up Agreement”);

 

(vi)
Purchaser shall have delivered a copy of the Promissory Note, executed by Purchaser;

 

(vii)
Purchaser shall have delivered a copy of the Pledge Agreement, executed by Purchaser;

 

(viii)
Purchaser shall have delivered certificate(s), if any, evidencing all of Purchaser’s membership or other equity interests in LevelX
Advisors and each Other Subsidiary and executed stock powers irrevocably assigning such certificate(s) and associated interests to the
Company;

 

(ix)
the representations and warranties of the Purchaser contained in Section 5 of this Purchase Agreement shall be true and correct as of
the date hereof and as of the Closing Date as if made on and as of the Closing Date (except to the extent such representations and warranties
specifically related to an earlier date, in which case such representations and warranties shall be true and correct as of such earlier
date), and the Purchaser shall have complied with all of its obligations in this Purchase Agreement;

 

(x)
Purchaser shall have delivered a certificate, duly executed by an authorized executive officer of the Purchaser, dated as of the Closing
Date, certifying that the conditions specified in Section 2(a)(ix) have been fulfilled; and

 

(xi)
Purchaser shall have delivered any other reasonable documents, instruments or agreements requested by the Company to consummate the transactions
contemplated by this Purchase Agreement.

 

(b)
Purchaser’s obligation to proceed to the Closing is subject to the fulfillment, or waiver by Purchaser, on or prior to the Closing
of each of the following:

 

(i)
the Other Purchase Agreements shall not have been amended or terminated prior to the Closing without the prior written consent of the
Purchaser and Investview;

 

(ii)
the Company shall have delivered a fully executed copy of the Operating Agreement;

 

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(iii)
the Company shall have delivered a copy of the Registration Rights Agreement, executed by the Company;

 

(iv)
Investview shall have delivered a copy of the Promissory Note, executed by Investview;

 

(v)
Investview shall have delivered a copy of the Pledge Agreement, executed by Investview;

 

(vi)
the Company shall have delivered a certificate evidencing Purchaser’s ownership of the Interests;

 

(vii)
the representations and warranties of the Company and Investview contained in Sections 3 and 4, respectively, of this Purchase Agreement
shall be true and correct as of the date of the Existing Purchase Agreement, as of the date hereof and as of the Closing Date as if made
on and as of the Closing Date (except to the extent such representations and warranties specifically related to an earlier date, in which
case such representations and warranties shall be true and correct as of such earlier date), and each of the Company and Investview shall
have complied with all of its obligations hereunder under this Purchase Agreement; and

 

(viii)
the Company shall have delivered a certificate, duly executed by an authorized executive officer of the Company, dated as of the Closing
Date, certifying that the conditions specified in Section 2(b)(vii) have been fulfilled;

 

(c)
The Closing shall take place virtually at 10:00 a.m., Eastern Standard Time, on the fifth business day after the date on which the conditions
set forth in subsections (a) and (b) of this Section 2 are fulfilled or waived or on such other date or time as the Parties may otherwise
mutually agree in writing (the “Closing Date”); provided that if the Closing has not occurred prior to the date that
is nine months from the date hereof, this Purchase Agreement may be terminated by the Company in its sole discretion, unless the failure
of the Company to fulfill the conditions set forth in Section 2(b) hereof, or the breach by the Company of any of its obligations hereunder,
has been the cause of, or resulted in, the failure of the Closing to occur on or before such date.

 

3.
Representations and Warranties of the Company. The Company hereby represent and warrant to Purchaser as follows:

 

(a)
Organization and Standing. The Company is a limited liability company duly formed, validly existing and in good standing under
the laws of the state of Delaware. The Company has all requisite limited liability company power and authority to own and operate its
properties and assets, to execute and deliver this Purchase Agreement and any other agreements or instruments required hereunder. The
Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which
the nature of its activities and of its properties (both owned and leased) makes such qualification necessary.

 

(b)
Issuance of the Securities. The issuance, sale and delivery of the Securities in accordance with this Purchase Agreement has been
duly authorized by all necessary limited liability company action on the part of the Company. The Securities, when so issued, sold and
delivered against payment therefor in accordance with the provisions of this Purchase Agreement, will be duly and validly issued, fully
paid and non-assessable.

 

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(c)
Authorization; Enforcement. (A) The Company has all requisite limited liability company power and authority to enter into and
perform this Purchase Agreement and to consummate the transactions contemplated hereby, to issue the Interests in accordance with the
terms hereof, and (B) the execution and delivery of this Purchase Agreement by the Company and the consummation by it of the transactions
contemplated hereby have been duly authorized by the Company’s sole member and no further consent or authorization is required,
this Purchase Agreement has been duly executed and delivered by the Company by its authorized representative, and such authorized representative
is the true and official representative with authority to sign this Purchase Agreement and the other documents executed in connection
herewith and bind the Company accordingly.

 

(d)
Capitalization. The capitalization of the Company as of immediately following the Purchase (which capitalization shall reflect
the assumption that the closing of the transactions contemplated by the Other Purchase Agreements has occurred) is attached hereto as
Exhibit B.

 

(e)
Validity. This Purchase Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and
binding obligation of the Company, enforceable against it in accordance with its terms, except as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent conveyance, and any other laws of general application affecting enforcement of creditors’
rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable
remedies.

 

(f)
No Broker Fees. There are no claims for brokerage commission, finders’ fees or similar compensation in connection with the
transactions contemplated by this Purchase Agreement or related documents based on any arrangement or agreement binding upon the Company.
The Company will indemnify and hold the Purchaser harmless against any liability, loss or expense (including, without limitation, reasonable
attorney’s fees and out-of-pocket expenses) arising in connection with any such claim caused by or resulting from any action or
omission by Company in violation of this Section 3(f).

 

4.
Representations and Warranties of Investview. Investview hereby represents and warrants to Purchaser as follows:

 

(a)
SEC Reports. Investview has timely filed all of the reports, schedules, forms, statements and other documents required to be filed
by Investview with the SEC pursuant to the reporting requirements of the 1934 Act (the “SEC Reports”). The SEC Reports,
at the time they were filed with the SEC, (i) complied as to form in all material respects with the requirements of the 1934 Act and
the 1934 Act Regulations and (ii) did not include an untrue statement of a material fact or omit to state a material fact required to
be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.

 

(b)
Independent Accountants. The accountants who certified the audited consolidated financial statements of Investview included in
the SEC Reports are independent public accountants as required by the 1933 Act, the 1933 Act Regulations, the 1934 Act and the 1934 Act
Regulations, and the Public Company Accounting Oversight Board.

 

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(c)
Financial Statements; Non-GAAP Financial Measures.

 

(i)
The consolidated financial statements included or incorporated by reference in the SEC Reports, together with the related notes, present
fairly, in all material respects, the financial position of Investview and its consolidated subsidiaries at the dates indicated and the
statement of operations, stockholders’ equity and cash flows of Investview and its consolidated subsidiaries for the periods specified;
said financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”)
applied on a consistent basis throughout the periods involved, except in the case of unaudited, interim financial statements, subject
to normal year-end audit adjustments and the exclusion of certain footnotes.

 

(ii)
Except as specifically set forth in the financial statements included in Investview’s Form 10-K for the fiscal year ended March
31, 2020 and the financial statements included in Investview’s Form 10-Q for each of the quarters ended June 30, 2020, September
30, 2020 and December 31, 2020, Investview has no liability or obligation, absolute or contingent, including without limitation any indebtedness,
except (i) obligations and liabilities incurred after the date of such financial statements in the ordinary course of business that are
not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would
not be required to be reflected in financial statements prepared in accordance with general accepted accounting principles.

 

(d)
No Material Adverse Change in Business. Since March 31, 2020, there has been no material adverse change in the condition, financial
or otherwise, or in the earnings, business affairs or business prospects of Investview and its subsidiaries considered as one enterprise,
whether or not arising in the ordinary course of business (a “Material Adverse Effect”), there have been no transactions
entered into by Investview or any of its subsidiaries, other than those in the ordinary course of business and except as contemplated
in this Purchase Agreement, which are material with respect to Investview and its subsidiaries considered as one enterprise, and there
has been no dividend or distribution of any kind declared, paid or made by Investview on any class of its capital stock.

 

(e)
Good Standing of Investview. Investview has been duly incorporated and is validly existing as a corporation in good standing under
the laws of the State of Nevada and has corporate power and authority to own, lease and operate its properties and to conduct its business
as disclosed in the SEC Reports and to enter into and perform its obligations under this Purchase Agreement; and Investview is duly qualified
as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required,
whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be
in good standing would not result in a Material Adverse Effect.

 

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(f)
Good Standing of Subsidiaries. Each “significant subsidiary” of Investview, as such term is defined in Rule 1-02 of
Regulation S-X (each, a “Subsidiary” and, collectively, the “Subsidiaries”) has been duly incorporated
or organized and is validly existing in good standing under the laws of the jurisdiction of its incorporation or organization, has corporate
or similar power and authority to own, lease and operate its properties and to conduct its business as described in the SEC Reports and
is duly qualified to transact business and is in good standing in each jurisdiction in which such qualification is required, whether
by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or to be in good
standing would not result in a Material Adverse Effect. All of the issued and outstanding capital stock of each Subsidiary has been duly
authorized and validly issued, is fully paid and non-assessable and is owned by Investview, directly or through subsidiaries, free and
clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity. None of the outstanding shares of capital stock
of any Subsidiary were issued in violation of the preemptive or similar rights of any securityholder of such Subsidiary.

 

(g)
Capitalization; Issuance of Shares.

 

(i)
Investview has an authorized capitalization as set forth in the SEC Reports. The outstanding shares of capital stock of Investview have
been duly authorized and validly issued and are fully paid and non-assessable. None of the outstanding shares of capital stock of Investview
were issued in violation of the preemptive or other similar rights of any securityholder of Investview which have not been waived. The
Conversion Shares are duly authorized and reserved for issuance and, upon exchange of the Interests upon their redemption in accordance
with their terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with
respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of Investview and
will not impose personal liability upon the holder thereof.

 

(ii)
There are no outstanding options, warrants, rights (including conversion or preemptive rights) or agreements for the purchase or acquisition
from Investview of any shares of its capital stock other than the rights of redemption of the Class B Units in exchange for Conversion
Shares. No stock plan, stock purchase, stock option or other agreement or understanding between Investview and any holder of any equity
securities or rights to purchase equity securities provides for acceleration or other changes in the vesting provisions or other terms
of such agreement or understanding as the result of (i) termination of employment or consulting services (whether actual or constructive);
(ii) any merger, consolidated sale of stock or assets, change in control or any other transaction(s) by Investview; (iii) the transactions
contemplated hereby; or (iv) the occurrence of any other event or combination of events.

 

(h)
Validity. This Purchase Agreement has been duly authorized, executed and delivered by Investview and constitutes a valid and binding
obligation of Investview, enforceable against it in accordance with its terms, except as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent conveyance, and any other laws of general application affecting enforcement of creditors’
rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable
remedies.

 

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(i)
Authorization; Enforcement. (A) Investview has all requisite corporate power and authority to enter into and perform this Purchase
Agreement and to consummate the transactions contemplated hereby and thereby, to issue the Conversion Shares in accordance with the terms
hereof and of the Operating Agreement, and (B) the execution and delivery of this Purchase Agreement by Investview and the consummation
by it of the transactions contemplated hereby and thereby (including without limitation, the issuance and reservation for issuance of
the Conversion Shares) have been duly authorized by Investview’s Board of Directors and no further consent or authorization of
Investview, its Board of Directors, or its shareholders is required, this Purchase Agreement has been duly executed and delivered by
Investview by its authorized representative, and such authorized representative is the true and official representative with authority
to sign this Purchase Agreement and the other documents executed in connection herewith and bind Investview accordingly.

 

(j)
Absence of Violations, Defaults and Conflicts. Neither Investview nor any of its subsidiaries is (A) in violation of its charter,
bylaws or similar organizational document, (B) in default in the performance or observance of any obligation, agreement, covenant or
condition contained in any contract, indenture, mortgage, deed of trust, loan or credit agreement, note, lease or other agreement or
instrument to which Investview or any of its subsidiaries is a party or by which it or any of them may be bound or to which any of the
properties or assets of Investview or any subsidiary is subject (collectively, “Agreements and Instruments”), except
for such defaults that would not, singly or in the aggregate, result in liability to Investview in excess of $50,000, or (C) in violation
of any law, statute, rule, regulation, judgment, order, writ or decree of any arbitrator, court, governmental body, regulatory body,
administrative agency or other authority, body or agency having jurisdiction over Investview or any of its subsidiaries or any of their
respective properties, assets or operations (each, a “Governmental Entity”), except for such violations that would
not, singly or in the aggregate, result in liability to Investview in excess of $50,000. The execution, delivery and performance of this
Purchase Agreement and the consummation of the transactions contemplated herein (including the issuance and sale of the Conversion Shares)
and compliance by Investview with its obligations hereunder do not and will not, whether with or without the giving of notice or passage
of time or both, conflict with or constitute a breach of, or result in the creation or imposition of, any lien, charge or encumbrance
upon any properties or assets of Investview or any subsidiary pursuant to, the Agreements and Instruments, or require notice to or consent
of any party to any agreement or commitment to which Investview is a party that has not been obtained, nor will such action result in
any violation of (i) the provisions of the articles of incorporation, bylaws or similar organizational document of Investview or any
of its subsidiaries or (ii) any applicable law, statute, rule, regulation, judgment, order, writ or decree of any Governmental Entity.

 

(k)
Absence of Labor Dispute. No labor dispute with the employees of Investview or any of its subsidiaries exists or, to the knowledge
of Investview, is imminent, and Investview is not aware of any existing or imminent labor disturbance by the employees of any of its
or any subsidiary’s principal suppliers, manufacturers, customers or contractors, which, in either case, would result in a Material
Adverse Effect.

 

(l)
Absence of Proceedings. Except as set forth on Disclosure Schedule 4(l), there is no action, suit, proceeding, inquiry or investigation
before or brought by any Governmental Entity now pending or, to the knowledge of Investview, threatened, against or affecting Investview
or any of its subsidiaries, nor is Investview aware of any facts or circumstances that could reasonably be expected to result in any
action, suit, proceeding, inquiry or investigation before or brought by any Governmental Entity, which would reasonably be expected to
result in a liability in excess of $50,000, or which would reasonably be expected to adversely affect the consummation of the transactions
contemplated in this Purchase Agreement or the performance by Investview of its obligations hereunder. The foregoing includes, without
limitation, actions pending or, to Investview’s knowledge, threatened involving the prior employment of any of Investview’s
employees, their use in connection with Investview’s business of any information or techniques allegedly proprietary to any of
their former employers, or their obligations under any agreements with prior employers. Investview is not a party or, to its knowledge,
subject to the provisions of any order, writ, injunction, judgment or decree of any court or government agency or instrumentality.

 

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(m)
Absence of Further Requirements. No filing with, or authorization, approval, consent, license, order, registration, qualification
or decree of, any Governmental Entity, and no notice under, or consent pursuant to, any Agreements and Instruments, is necessary or required
for the performance by Investview of its obligations hereunder, in connection with the offering, issuance, or sale of the Securities
hereunder or the consummation of the transactions contemplated by this Purchase Agreement, except such as have been already obtained.

 

(n)
Possession of Licenses and Permits. Investview and its subsidiaries possess such permits, licenses, approvals, consents and other
authorizations (collectively, “Governmental Licenses”) issued by the appropriate Governmental Entities necessary to
conduct the business now operated by Investview, except where the failure so to possess would not, singly or in the aggregate, result
in a Material Adverse Effect. Investview and its subsidiaries are in compliance with the terms and conditions of all Governmental Licenses,
except where the failure so to comply would not, singly or in the aggregate, result in a Material Adverse Effect. All of the Governmental
Licenses are valid and in full force and effect, except when the invalidity of such Governmental Licenses or the failure of such Governmental
Licenses to be in full force and effect would not, singly or in the aggregate, result in a Material Adverse Effect. No Governmental License
has expired, terminated or been suspended and no Governmental License will expire, terminate or be suspended within 90 days. Neither
Investview nor any of its subsidiaries has received any notice of proceedings relating to the revocation or modification of any Governmental
Licenses, nor is Investview or any of its subsidiaries aware of any facts or circumstances that could reasonably be expected to result
in proceedings relating to the revocation or modification of any Governmental Licenses, which, singly or in the aggregate, if the subject
of an unfavorable decision, ruling or finding, would result in a Material Adverse Effect.

 

(o)
Title to Property. Investview and its subsidiaries do not own any real property. Investview and its subsidiaries have title to
all tangible personal property owned by them, in each case, free and clear of all mortgages, pledges, liens, security interests, claims,
restrictions or encumbrances of any kind except such restrictions and encumbrances as do not, singly or in the aggregate, materially
affect the value of such property and do not materially interfere with the use made and proposed to be made of such property by Investview
or any of its subsidiaries; and all of the leases and subleases material to the business of Investview and its subsidiaries, considered
as one enterprise, and under which Investview or any of its subsidiaries holds properties, are in full force and effect, and neither
Investview nor any such subsidiary has any notice of any material claim of any sort that has been asserted by anyone adverse to the rights
of Investview or any subsidiary under any of the leases or subleases mentioned above, or affecting or questioning the rights of Investview
or such subsidiary to the continued possession of the leased or subleased premises under any such lease or sublease.

 

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(p)
Intellectual Property. Investview and its subsidiaries own or possess the right to use all patents, patent applications, inventions,
licenses, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information or procedures),
trademarks, service marks, trade names, domain names, copyrights, and other intellectual property, and registrations and applications
for registration of any of the foregoing (collectively, “Intellectual Property”) necessary to conduct their business
as presently conducted and currently contemplated to be conducted in the future and, to the knowledge of Investview, neither Investview
nor any of its subsidiaries, whether through their respective products and services or the conduct of their respective businesses, has
infringed, misappropriated, conflicted with or otherwise violated, or is currently infringing, misappropriating, conflicting with or
otherwise violating, and none of Investview or its subsidiaries have received any heretofore unresolved communication or notice of infringement
of, misappropriation of, conflict with or violation of, any Intellectual Property of any other person or entity. Neither Investview nor
any of its subsidiaries has received any communication or notice (in each case that has not been resolved) alleging that by conducting
their business as described in the SEC Reports or as otherwise currently conducted, such parties would infringe, misappropriate, conflict
with, or violate, any of the Intellectual Property of any other person or entity. Investview knows of no infringement, misappropriation
or violation by others of Intellectual Property owned by or licensed to Investview or its subsidiaries which would reasonably be expected
to result in a Material Adverse Effect. Investview and its subsidiaries have taken all reasonable steps necessary to secure their interests
in such Intellectual Property from their employees and contractors and to protect the confidentiality of all of their confidential information
and trade secrets. None of the Intellectual Property employed by Investview or its subsidiaries has been obtained or is being used by
Investview or its subsidiaries in violation of any contractual obligation binding on Investview or any of its subsidiaries or, to the
knowledge of Investview, any of their respective officers, directors or employees. All Intellectual Property owned or exclusively licensed
by Investview or its subsidiaries is free and clear of all liens, encumbrances, defects or other restrictions (other than non-exclusive
licenses granted in the ordinary course of business). Investview and its subsidiaries are not subject to any judgment, order, writ, injunction
or decree of any court or any Governmental Entity, nor has Investview or any of its subsidiaries entered into or become a party to any
agreement made in settlement of any pending or threatened litigation, which materially restricts or impairs their use of any Intellectual
Property or which would reasonably be expected to result in a Material Adverse Effect.

 

(q)
Investview IT Systems. Investview and its subsidiaries own or have a valid right to access and use all computer systems, networks,
hardware, software, databases, websites, and equipment used to process, store, maintain and operate data, information, and functions
used in connection with the business of Investview and its subsidiaries (the “Investview IT Systems”). The Investview
IT Systems are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business
of Investview and its subsidiaries as currently conducted. Investview and its subsidiaries have implemented commercially reasonable backup,
security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry
practices.

 

(r)
Cybersecurity. (A) There has been no security breach or other compromise of or relating to the Investview IT Systems; (B) Investview
has not been notified of, and has no knowledge of any event or condition that would reasonably be expected to result in, any such security
breach or other compromise of the Investview IT Systems; (C) Investview and its subsidiaries have implemented policies and procedures
with respect to the Investview IT Systems that are reasonably consistent with industry standards and practices, or as required by applicable
regulatory standards; and (D) Investview and its subsidiaries are presently in material compliance with all applicable laws or statutes,
judgments, orders, rules and regulations of any court or arbitrator or governmental or regulatory authority and contractual obligations
relating to the privacy and security of the Investview IT Systems and to the protection of the Investview IT Systems from unauthorized
use, access, misappropriation or modification.

 

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(s)
Environmental Laws. Except as would not, singly or in the aggregate, result in a Material Adverse Effect, (A) neither Investview
nor any of its subsidiaries is in violation of any applicable federal, state, local or foreign statute, law, rule, regulation, ordinance,
code, policy or rule of common law or any judicial or administrative interpretation thereof, including any judicial or administrative
order, consent, decree or judgment, relating to pollution or protection of human health, the environment (including, without limitation,
ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and regulations
relating to the release or threatened release of chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances,
petroleum or petroleum products, asbestos-containing materials or mold (collectively, “Hazardous Materials”) or to
the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Hazardous Materials (collectively,
“Environmental Laws”), (B) Investview and its subsidiaries have all permits, authorizations and approvals required
for their operations under any applicable Environmental Laws and are each in compliance with their requirements, (C) there are no pending
or, to the knowledge of Investview, threatened administrative, regulatory or judicial actions, suits, demands, demand letters, claims,
liens, notices of noncompliance or violation, investigations or proceedings relating to any Environmental Law against Investview or any
of its subsidiaries and (D) to the knowledge of Investview, there are no events or circumstances that would reasonably be expected to
form the basis of an order for clean-up or remediation, or an action, suit or proceeding by any private party or Governmental Entity,
against or affecting Investview or any of its subsidiaries relating to Hazardous Materials or any Environmental Laws.

 

(t)
Accounting Controls and Disclosure Controls. Except as set forth in Investview’s SEC Reports, Investview and its subsidiaries
maintain effective internal control over financial reporting (as defined under Rule 13a-15 and 15d-15 under the 1934 Act Regulations)
and a system of internal accounting controls sufficient to provide reasonable assurances that (A) transactions are executed in accordance
with management’s general or specific authorization; (B) transactions are recorded as necessary to permit preparation of financial
statements in conformity with GAAP and to maintain accountability for assets; (C) access to assets is permitted only in accordance with
management’s general or specific authorization; and (D) the recorded accountability for assets is compared with the existing assets
at reasonable intervals and appropriate action is taken with respect to any differences. Since the end of Investview’s most recent
audited fiscal year, there has been (1) no material weakness in Investview’s internal control over financial reporting (whether
or not remediated) and (2) no change in Investview’s internal control over financial reporting that has materially adversely affected,
or is reasonably likely to materially adversely affect, Investview’s internal control over financial reporting.

 

(u)
Compliance with the Sarbanes-Oxley Act. Investview is in compliance in all material respects with all provisions of the Sarbanes-Oxley
Act of 2002 and all rules and regulations promulgated thereunder or implementing the provisions thereof that are in effect and with which
Investview is required to comply.

 

    	11

     

    

 

(v)
Payment of Taxes. All United States federal income tax returns of Investview and its subsidiaries required by law to be filed
have been filed and all taxes shown by such returns or otherwise assessed, which are due and payable, have been paid, except assessments
against which appeals have been or will be promptly taken and as to which adequate reserves have been provided. No assessment in connection
with United States federal tax returns has been made against Investview. Investview and its subsidiaries have filed all other tax returns
that are required to have been filed by them or have timely requested extensions thereof pursuant to applicable foreign state, local
or other law and have paid all taxes due pursuant to such returns or all taxes due and payable pursuant to any assessment received by
Investview and its subsidiaries, except for such taxes, if any, as are being contested in good faith and as to which adequate reserves
have been established by Investview or its subsidiaries. The charges, accruals and reserves on the books of Investview in respect of
any income and corporation tax liability for any years not finally determined have been determined in accordance with GAAP and are reasonably
expected by Investview to be adequate to meet any assessments or reassessments for additional income tax for any years not finally determined.

 

(w)
ERISA. (i) At no time in the past six years has Investview or any ERISA Affiliate maintained, sponsored, participated in, contributed
to or had any liability or obligation in respect of any Employee Benefit Plan subject to Title IV of ERISA or Section 412 of the Code,
any “multiemployer plan” as defined in Section 3(37) of ERISA or any multiple employer plan for which Investview or any ERISA
Affiliate has incurred or could incur material liability under Section 4063 or 4064 of ERISA, (ii) no “welfare benefit plan”
as defined in Section 3(1) of ERISA provides or promises, or at any time provided or promised, retiree health, or other post-termination
benefits except to the extent such benefit is fully insured or as may be required by the Consolidated Omnibus Budget Reconciliation Act
of 1985, as amended, or similar state law and (iii) each Employee Benefit Plan is and has been operated in compliance with its terms
and all applicable laws, including but not limited to ERISA and the Code. Each Employee Benefit Plan intended to be qualified under Code
Section 401(a) has a favorable determination or opinion letter from the Internal Revenue Service upon which it can rely, and any such
determination or opinion letter remains in effect and has not been revoked and no event has occurred and no facts or circumstances exist
that could reasonably be expected to result in the loss of qualification or tax exemption of any such Employee Benefit Plan. With respect
to each Foreign Benefit Plan, such Foreign Benefit Plan (1) if intended to qualify for special tax treatment, meets, in all material
respects, the requirements for such treatment, and (2) if required to be funded, is funded to the extent required by applicable law.
Investview does not have any obligations under any collective bargaining agreement with any union. As used in this Section 4(w), “Code”
means the Internal Revenue Code of 1986, as amended; “Employee Benefit Plan” means any “employee benefit plan”
within the meaning of Section 3(3) of ERISA, including, without limitation, all equity and equity-based, severance, employment, change-in-control,
medical, disability, fringe benefit, bonus, incentive, deferred compensation, employee loan and all other employee benefit plans, agreements,
programs, policies or other arrangements, whether or not subject to ERISA, under which (x) any current or former employee, director,
independent contractor or other service provider of Investview or its subsidiaries has any present or future right to benefits and which
are contributed to, sponsored by or maintained by Investview or any of the Subsidiaries or (y) Investview or any of the Subsidiaries
has had or has any present or future direct or contingent obligation or liability; “ERISA” means the Employee Retirement
Income Security Act of 1974, as amended; “ERISA Affiliate” means any member of the company’s controlled group
as determined pursuant to Code Section 414(b), (c), (m) or (o), with respect to any Person, each business or entity under “common
control” with such Person within the meaning of Section 4001(a)(14) of ERISA; and “Foreign Benefit Plan” means
any Employee Benefit Plan established, maintained or contributed to outside of the United States of America and which is not subject
to United States law.

 

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(x)
Insurance. Investview and its subsidiaries carry or are entitled to the benefits of insurance, with what Investview reasonably
believes to be financially sound and reputable insurers, in such amounts and covering such risks as is adequate for the conduct of their
respective businesses and the value of their respective properties and assets, and all such insurance is in full force and effect. Investview
has no reason to believe that it or any of its subsidiaries will not be able (A) to renew its existing insurance coverage as and when
such policies expire or (B) to obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its
business as now conducted and at a cost that is comparable to its existing cost.

 

(y)
Investment Company Act. Investview is not required, and upon the issuance and sale of the Securities will not be required, to
register as an “investment company” under the Investment Company Act of 1940, as amended.

 

(z)
No Unlawful Payments. None of Investview, any of its subsidiaries or, to the knowledge of Investview, any director, officer, agent,
employee, affiliate or other person acting on behalf of Investview or any of its subsidiaries has taken any action, directly or indirectly,
that would result in a violation of any applicable anti-corruption laws, including, without limitation, making use of the mails or any
means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the
payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “government
official” (including any officer or employee of a government or government-owned or controlled entity or of a public international
organization, or any person acting in an official capacity for or on behalf of any of the foregoing, or any political party or party
official or candidate for political office) in violation of any applicable anti-corruption laws, and Investview and its subsidiaries
have conducted their businesses in compliance with applicable anti-corruption laws and have instituted and maintain policies and procedures
designed to ensure continued compliance therewith.

 

(aa)
Compliance with Anti-Money Laundering Laws. The operations of Investview and its subsidiaries are and have been conducted at all
times in compliance in all material respects with applicable financial recordkeeping and reporting requirements of the Currency and Foreign
Transactions Reporting Act of 1970, as amended, the money laundering statutes of all applicable jurisdictions, the rules and regulations
thereunder and any related or similar rules, regulations or guidelines, issued, administered or enforced by any Governmental Entity (collectively,
the “Anti-Money Laundering Laws”); and no action, suit or proceeding by or before any Governmental Entity involving
Investview or any of its subsidiaries with respect to the Anti-Money Laundering Laws is pending or, to the knowledge of Investview, threatened.

 

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(bb)
No Conflicts with Sanctions Laws. None of Investview, any of its subsidiaries or, to the knowledge of Investview, any director,
officer, agent, employee, affiliate or other person acting on behalf of Investview or any of its subsidiaries is an individual or entity
(“Person”) currently the subject or target of any sanctions administered or enforced by the United States Government,
including, without limitation, the U.S. Department of the Treasury’s Office of Foreign Assets Control, the United Nations Security
Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority (collectively, “Sanctions”),
nor is Investview or any of its subsidiaries located, organized or resident in a country or territory that is the subject of Sanctions;
and Investview will not knowingly directly or indirectly use the proceeds of the sale of the Securities, or lend, contribute or otherwise
make available such proceeds to any subsidiaries, joint venture partners or other Person, to fund any activities of or the business with
any Person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions or in any other manner that
will result in violation by any Person of Sanctions.

 

(cc)
Private Placement. Neither Investview nor its subsidiaries, nor any person acting on its or their behalf, has, directly or indirectly,
made any offers or sales of any security or solicited any offers to buy any security under any circumstances that would require registration
under the 1933 Act of the Securities being sold pursuant to this Purchase Agreement. Assuming the accuracy of the representations and
warranties of Purchaser contained in Section 5 hereof, the issuance of the Securities, including the issuance of the Conversion Shares,
is exempt from registration under the 1933 Act.

 

(dd)
Transactions with Affiliates. Neither Investview nor any of its subsidiaries is a party to any agreement, written or oral, to
sell, lease or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or
otherwise engage in any other transactions with, any of its employees, officers, directors, former employees, officers or directors,
or affiliates, except in the ordinary course of business at prices and on terms and conditions not less favorable to Investview or such
Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties and which has been disclosed in writing
to the Purchaser. Neither Investview nor any of its subsidiaries has liability or obligation, absolute or contingent, including without
limitation any indebtedness, to any of its employees, officers, directors, former employees, officers or directors, or affiliates, except
(i) current employee compensation payable in the ordinary course for amounts which have not accrued more than 30 days or (ii) as disclosed
in writing to the Purchaser.

 

5.
Representations and Warranties of Purchaser. By executing this Purchase Agreement, Purchaser hereby represents and warrants to
the Company as follows:

 

(a)
Organization and Standing. Purchaser is a limited liability company duly formed, validly existing and in good standing under the
laws of the state of Florida.

 

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(b)
Assets; Liabilities. Purchaser has good and valid title to, or a valid leasehold interest in, all of the Assets, free and clear
of any liens, charges, pledges, security interests or other encumbrances, and the Purchaser is free to transfer good and marketable title
to the Assets in connection with the Closing. The Assets constitute all of the assets, rights, properties and equity interests of other
entities that are required, necessary and sufficient to carry on, or otherwise associated with, the business of the Purchaser as it is
currently being conducted by the Purchaser and as it was conducted by Purchaser prior to the Closing. The Liabilities, including the
Liabilities of LevelX Advisors and any Other Subsidiary, do not include any indebtedness for borrowed money, liabilities or obligations
unrelated to the Assets and the operation of the business related thereto, or any liabilities or obligations owed to parties that are
an officer, director, manager, employee, member, shareholder or otherwise affiliated with or related to Purchaser, and any such indebtedness,
liabilities or obligations have been satisfied or assumed by Purchaser (or will otherwise remain indebtedness, liabilities or obligations
of Purchaser and not be assumed by the Subsidiary) prior to the Closing Date.

 

(c)
Equity. Purchaser has good and marketable title to the membership or other equity interests of LevelX Advisors, free and clear
of any liens, charges, pledges, security interests or other encumbrances, and the Purchaser is free to transfer good and marketable title
to all the said membership or other equity interests to the Company pursuant to the Purchase. All of the issued and outstanding membership
or other equity interests of LevelX Advisors are owned of record by the Purchaser and included in the Purchase. There are no existing
options, restricted share units, share appreciation rights, performance shares, “phantom” shares, warrants, calls, rights
or contracts to which LevelX Advisors is a party requiring, and there are no securities of LevelX Advisors outstanding which upon conversion
or exchange would require, the issuance, sale or transfer of any additional shares of capital stock or other equity interests of LevelX
Advisors or other securities convertible into, exchangeable or evidencing the right to subscribe for or purchase equity interests of
LevelX Advisors.

 

(d)
Authorization; Enforcement. (A) Purchaser has all requisite limited liability company power and authority to enter into and perform
this Purchase Agreement and to consummate the transactions contemplated hereby including completion of the Purchase in accordance with
the terms hereof, and (B) the execution and delivery of this Purchase Agreement by Purchaser and the consummation by it of the transactions
contemplated hereby have been duly authorized by Purchaser’s board of managers and no further consent or authorization is required,
this Purchase Agreement has been duly executed and delivered by Purchaser by its authorized representative, and such authorized representative
is the true and official representative with authority to sign this Purchase Agreement and the other documents executed in connection
herewith and bind Purchaser accordingly.

 

(e)
Validity. This Purchase Agreement has been duly authorized, executed and delivered by Purchaser and constitutes a valid and binding
obligation of Purchaser, enforceable against it in accordance with its terms, except as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent conveyance, and any other laws of general application affecting enforcement of creditors’
rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable
remedies.

 

(f)
LevelX Advisors LLC.

 

(i)
LevelX Advisors is a limited liability company duly organized, validly existing, and in good standing under the laws of the State of
New Jersey, and has full power and authority to carry on its business as it has been and is conducted.

 

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(ii)
LevelX Advisors has obtained all necessary licenses, approvals, and authorizations from all appropriate governmental authorities for
the performance of its business. LevelX Advisors is duly registered as an investment adviser with the New Jersey Bureau of Securities
and will maintain such registration so long as it is required by applicable law. LevelX Advisors will become registered as an investment
adviser with the SEC when required to do so under applicable law including, but not limited to, the Investment Advisers Act of 1940 and
the regulations promulgated thereunder (the “Advisers Act”).

 

(iii)
LevelX Advisors has complied, and is now complying, with all statutes, laws, regulations, rules, orders, judgments, decrees, other requirement
or rule of law of any governmental or regulatory authority applicable to it or its business, properties and assets. There are no outstanding
orders from any governmental or regulatory authority and no unsatisfied judgments, penalties or awards against or affecting LevelX Advisors
or any of its properties or assets. There are no actions, suits, proceedings, inquiries or investigations pending or, to Purchaser’s
knowledge, threatened against or by LevelX Advisors affecting any of its business, properties, assets or any necessary licenses, approvals
and/or authorizations required for Purchaser’s businesses. No event has occurred or circumstances exist that may give rise to,
or serve as a basis for, any such action, suit, proceeding, inquiry or investigation.

 

(iv)
LevelX Advisors and its affiliates are in, and will maintain compliance with, all applicable laws necessary for them to provide investment
advisory services and its business as currently conducted, including (A) laws related to investments or reporting investment holdings,
including reports under Sections 13 and 16 of the Exchange Act, and the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1974, as
amended, and comparable laws of all relevant jurisdictions, (B) laws which seek to prohibit or limit business activities which pose the
potential for supporting or advancing terrorist related activities, particularly business activities in sanctioned or sensitive countries
(as identified by the U.S. federal government, the U.S. Department of Treasury, the SEC, or other applicable governing bodies) and (C)
anti-corruption and anti-money laundering laws.

 

(v)
LevelX Advisors and its affiliates have in place a business continuity and disaster recovery program as well as cyber securities policies
and procedures and a compliance program, all of which are reasonably designed to prevent and detect violations of applicable law. LevelX
Advisors and its affiliates have adopted, and will maintain and enforce written policies and procedures that address administrative,
technical, and physical safeguards for the protection of the records and information related to their customers and clients.

 

(vi)
Neither LevelX Advisors nor any other person “associated” (as defined under the Advisers Act) with LevelX Advisors has been
subject to disqualification pursuant to Section 203 of the Advisers Act to serve as an “investment adviser” (as defined under
the Advisers Act) or as an associated person of an investment adviser, or subject to disqualification pursuant to Rule 206(4)-3, under
the Advisers Act.

 

(g)
Investment Representations. Purchaser understands that the Securities have not been registered under the Securities Act. Purchaser
also understands that the Securities are being offered and sold pursuant to an exemption from registration contained in the Securities
Act of 1933, as amended (the “Securities Act”) based in part upon Purchaser’s representations contained in this
Purchase Agreement.

 

    	16

     

    

 

(h)
Purchaser Bears Economic Risk. Purchaser has substantial experience in evaluating and investing in private placement transactions
of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company
and has the capacity to protect its own interests. Purchaser must bear the economic risk of this investment indefinitely unless the Securities
are registered pursuant to the Securities Act or an exemption from registration is available. Purchaser acknowledges that Purchaser is
able to bear the economic risk of losing Purchaser’s entire investment in the Securities. Purchaser understands that the Company
has no present intention of registering the Securities or its Interests; provided, however, that the Conversion Shares are subject to
registration pursuant to the Registration Rights Agreement. Purchaser also understands that there is no assurance that any exemption
from registration under the Securities Act will be available and that, even if available, such exemption may not allow Purchaser to transfer
all or any portion of the Securities under the circumstances, in the amounts or at the times Purchaser might propose. Purchaser also
understands that an investment in the Company involves significant risks and has taken full cognizance of and understands all of the
risk factors relating to the purchase of Securities, including, but not limited to, those described on Appendix A hereto.

 

(i)
Acquisition for Own Account. Purchaser is acquiring the Securities for Purchaser’s own account for investment only and not
with a view towards their distribution.

 

(j)
Purchaser Can Protect Its Interest. Purchaser represents that by reason of its or its management’s business or financial
experience, Purchaser has the capacity to protect its own interests in connection with the transactions contemplated in this Purchase
Agreement and other agreements required hereunder. Further, Purchaser is aware of no publication of any advertisement in connection with
the transactions contemplated in this Purchase Agreement.

 

(k)
Accredited Investor. Purchaser represents that it is an “accredited investor” within the meaning of Regulation D under
the Securities Act.

 

(l)
Company Information. Purchaser has received and read a summary of the Company’s business and has had an opportunity to discuss
the Company’s business, management and financial affairs with directors, officers and management of the Company and has had the
opportunity to review the Company’s operations and facilities. Purchaser has also had the opportunity to ask questions of and receive
answers from the Company and its management regarding the terms and conditions of this investment.

 

(m)
Domicile. Purchaser maintains Purchaser’s domicile (and is not a transient or temporary resident) at the address set forth
in Section 10.

 

(n)
Bad Actor. Neither Purchaser, nor any “Covered Person” related to the Purchaser, is a “Bad Actor” under
Rule 506(d) of Regulation D of the Rules and Regulations promulgated under the Securities Act.

 

    	17

     

    

 

(o)
Rule 144. Purchaser acknowledges and agrees that the Securities must be held indefinitely unless they are subsequently registered
under the Securities Act or an exemption from such registration is available. Purchaser has been advised of or is aware of the provisions
of Rule 144 promulgated under the Securities Act as in effect from time to time, which permits limited resale of interests purchased
in a private placement subject to the satisfaction of certain conditions, including, among other things: the availability of certain
current public information about the Company, the resale occurring following the required holding period under Rule 144 and the number
of interests being sold during any three month period not exceeding specified limitations.

 

(p)
No Brokerage Fees. There are no claims for brokerage commission, finders’ fees or similar compensation in connection with
the transactions contemplated by this Purchase Agreement or related documents based on any arrangement or agreement binding upon Purchaser.
The undersigned will indemnify and hold the Company harmless against any liability, loss or expense (including, without limitation, reasonable
attorney’s fees and out-of-pocket expenses) arising in connection with any such claim caused by or resulting from any action or
omission by Purchaser in violation of this Section 5(p).

 

6.
Covenants.

 

(a)
Conduct of Business.

 

(i)
From and after the date of this Purchase Agreement and through the Closing Date, the Purchaser shall, except as expressly contemplated
by this Purchase Agreement or as required by applicable law (A) conduct the business of LevelX Advisors in the ordinary course of business
consistent with past practice and in compliance in all material respects, (B) use its best efforts to preserve substantially intact LevelX
Advisors’ business organization, to keep available the services of LevelX Advisors’ current officers and employees, to preserve
LevelX Advisors’ present relationships with customers, suppliers, distributors, licensors, licensees and other Persons having business
relationships with it; and (C) confer with the Company to keep the Company informed with respect to the operational matters and to report
the general status of the ongoing operations of the business.

 

(ii)
Without limiting the generality of Section 6(a)(i), between the date of this Purchase Agreement and the Closing Date, except as otherwise
expressly contemplated by this Purchase Agreement, or as required by applicable law, the Purchaser shall not permit LevelX Advisors to,
without the prior written consent of the Company (which consent shall not be unreasonably withheld or delayed, and which consent may
be granted by email approval):

 

(1)
amend or propose to amend its organizational documents;

 

(2)
(A) repurchase, redeem or otherwise acquire, or offer to repurchase, redeem or otherwise acquire, any of its equity securities, or (B)
declare, set aside or pay any dividend or distribution (whether in cash, stock, property or otherwise) in respect of, or enter into any
contract with respect to the voting of, any shares of its equity securities;

 

(3)
issue, sell, pledge, dispose of or encumber any of its equity securities;

 

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(4)
(A) increase the compensation payable or that could become payable to directors, officers or employees, (B) enter into any new or amend
in any material respect, any existing employment, severance, retention or change in control agreement with any of its past or present
officers or employees, or (C) establish, adopt, enter into, amend, terminate, exercise any discretion under, or take any action to accelerate
rights under any employee plans or any plan, agreement, program, policy, trust, fund or other arrangement, or make any contribution to
any employee plan, other than contributions required by law or the terms of such employee plans as in effect on the date hereof or that
are made in the ordinary course of business consistent with past practice;

 

(5)
acquire, by merger, consolidation, acquisition of stock or assets, or otherwise, any business or person or division thereof or make any
loans, advances or capital contributions to or investments in any person;

 

(6)
(A) transfer, license, sell, lease or otherwise dispose of any assets (whether by way of merger, consolidation, sale of stock or assets,
or otherwise), including the capital stock or other equity interests in any subsidiary, provided that the foregoing shall not prohibit
transferring, licensing, selling, leasing or disposing of obsolete equipment or assets being replaced, in each case in the ordinary course
of business consistent with past practice, or (B) adopt or effect a plan of complete or partial liquidation, dissolution, restructuring,
recapitalization or other reorganization;

 

(7)
incur any indebtedness for borrowed money or guarantee any such indebtedness of another Person;

 

(8)
enter into or amend or modify in any material respect, or consent to the termination of (other than at its stated expiration date), any
material contract; or

 

(9)
enter into any material agreement, agreement in principle, letter of intent, memorandum of understanding or similar contract with respect
to any joint venture, strategic partnership or alliance.

 

(b)
From and after the date of this Purchase Agreement, Purchaser shall provide to the Company the benefit of the operations of Purchaser’s
business, including paying over to the Company all revenue received by Purchaser with respect thereto, in exchange for which the Company
shall be responsible for all obligations of the operations of Purchaser’s business, including paying all liabilities of Purchaser
when due or, if not so paid, reimbursing Purchaser for the amount of any liabilities of Purchaser paid by Purchaser within five business
days thereof, in each case other than Excluded Liabilities (as defined below). In furtherance of the foregoing, from and after the date
of this Purchase Agreement, Purchaser and the Company shall use their commercially reasonable efforts to obtain any consents required
to assign from Purchaser to the Company any contract or agreement included in the Assets (an “Assigned Contract”).
If any such consent is not obtained prior to the Closing Date, such Assigned Contract shall not be included in the Assets until such
consent is obtained, during which period Purchaser shall continue to provide to the Company the benefit of the Assigned Contract, including
paying over to the Company all revenue received by Purchaser with respect thereto, in exchange for which the Company shall be responsible
for all obligations of the Assigned Contract, including paying all liabilities of Purchaser when due or, if not so paid, reimbursing
Purchaser for the amount of any liabilities of Purchaser paid by Purchaser within five business days thereof.

 

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(c)
To the extent that there is any indebtedness, liability or obligation of Purchaser, LevelX Advisors or any Other Subsidiary as of the
date hereof or as of the Closing Date that is (i) not ordinary course operating liabilities of the business of the Purchaser conveyed
pursuant hereto, (ii) indebtedness for borrowed money, (iii) liabilities or obligations unrelated to the Assets and the operation of
the business related thereto or (iv) liabilities or obligations owed to parties that are an officer, director, manager, employee, member,
shareholder or otherwise affiliated with or related to Purchaser, LevelX Advisors or any Other Subsidiary (collectively, “Excluded
Liabilities”), in each case such Excluded Liabilities shall, prior to the Closing Date, be either satisfied or assumed by Purchaser
(or will otherwise remain indebtedness, liabilities or obligations of Purchaser and not be assumed by the Subsidiary), and Purchaser
shall indemnify the Company and Investview for any and all Excluded Liabilities not so satisfied or assumed.

 

(d)
Purchaser shall make the monthly advances pursuant to the terms of the Promissory Note as and when set forth therein. If at any time
Purchaser has failed to make any such monthly advance in accordance with the Promissory Note, and has not cured such failure within 30
days, Purchaser shall surrender its Interests in the Company and any Conversion Shares issued to the Purchaser upon exchange of the Interests.

 

(e)
From the Closing Date through the date on which the Promissory Note is repaid in full pursuant to and in accordance with its terms (the
“Share Transfer End Date”), notwithstanding the terms of the Lock-Up Agreement, Purchaser shall be permitted to make
a Transfer (as defined in the Lock-Up Agreement) of shares of Common Stock of Investview (“Common Stock”) owned by
Purchaser, provided that:

 

(i)
the maximum number of shares of Common Stock that Purchaser Transfers in the aggregate across any and all Transfers made pursuant to
this Section 6(e) is 10,000,000 shares of Common Stock;

 

(ii)
the maximum number of shares of Common Stock that Purchaser Transfers in any one Transfer is 2,500,000 shares of Common Stock (or such
other amount required so as not to exceed the Maximum Sale Value);

 

(iii)
the maximum value that Purchaser may receive in the aggregate for all Transfers made by Purchaser is $2,000,000 (the “Maximum
Sale Value”);

 

(iv)
(A) the sale price per share of the Common Stock to be sold is no less than $0.125 per share (as adjusted for stock splits, reverse stock
splits, stock dividends, reorganizations, recapitalizations and similar transactions), (B) for a period of 10 consecutive Trading Days
(as defined in the Lock-Up Agreement), the average Trading Price (as defined in the Lock-Up Agreement) for the Common Stock is equal
to or greater than $0.125 per share (as adjusted for stock splits, reverse stock splits, stock dividends, reorganizations, recapitalizations
and similar transactions), (C) for a period of 30 consecutive Trading Days, the minimum average daily volume of the Common Stock is at
least 1,000,000 shares per day for each day during such 30 consecutive Trading Day period and (D) the number of shares of Common Stock
sold on such Trading Day, excluding the shares of Common Stock to be sold by the Purchaser, does not exceed 2% of the average daily trading
volume of the Common Stock; and

 

    	20

     

    

 

(v)
such Transfer receives prior written approval by the Board of Directors of Investview, such approval not to be unreasonably withheld,
conditioned or delayed.

 

For
the avoidance of doubt, (i) Investview’s Board of Directors’ approval may be withheld if the Purchaser had previously requested
to make a Transfer that was approved but the Purchaser has not yet Transferred such shares of Common Stock and (ii) no Transfers may
be made pursuant to this Section 6(e) after the Share Transfer End Date.

 

(f)
Access to Information. From the date of this Agreement until the termination of the representations and warranties hereunder pursuant
to Section 8(e) hereof, Investview shall, and shall cause its Subsidiaries to, afford to the Purchaser and the Purchaser’s representatives
reasonable access, at reasonable times and in a manner as shall not unreasonably interfere with the business or operations of Investview
or any Subsidiary thereof, to the officers, employees, accountants, agents, properties, offices, and other facilities and to all books,
records, contracts, and other assets of Investview and its Subsidiaries, and shall, and shall cause its Subsidiaries to, furnish promptly
to the Purchaser such other information concerning the business and properties of Investview and its Subsidiaries as the Purchaser may
reasonably request from time to time. No investigation shall affect Investview’s or the Company’s representations, warranties,
covenants, or agreements contained herein, or limit or otherwise affect the remedies available to the Purchaser pursuant to this Agreement.

 

7.
Indemnification.

 

(a)
Mutual Indemnification. Each Party agrees to indemnify, defend and hold harmless the other Party and its affiliates and its and
their respective officers, directors, employees, representatives and agents from any and all liabilities, losses, damages, costs and
expenses (including reasonable attorneys’ fees) based upon or in connection with any action or claim by a third party arising out
of this Purchase Agreement caused by or resulting from such indemnifying Party’s actions or omissions. Such indemnifying Party
shall solely conduct the defense of any such claim or action and all negotiations for its settlement or compromise; provided, however,
that (i) no settlement or compromise shall be entered into or agreed to without the other Party’s prior approval and (ii) the other
Party has the right to participate, at its own expense, (which includes hiring of its’ own attorneys and the indemnifying Party
and its’ attorneys shall fully cooperate with the indemnified Party and its’ attorneys) in the defense and/or settlement
of any such claim or action in order to protect its own interests.

 

(b)
Indemnification by Investview and the Company. Each of Investview and the Company, jointly and severally, agrees to indemnify,
defend and hold harmless the Purchaser and its affiliates and its and their respective officers, directors, employees, representatives
and agents from any and all liabilities, losses, damages, judgments, interest, awards, penalties, fines, costs and expenses (including
reasonable attorneys’ fees) (collectively, “Losses”) arising out of or with respect to:

 

(i)
any inaccuracy in or breach of any of the representations or warranties of Investview or the Company contained in this Agreement;

 

    	21

     

    

 

(ii)
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Investview or the Company pursuant to this
Agreement; or

 

(iii)
the matters set forth on Schedule 7.1(b)(iii) attached hereto.

 

(c)
Indemnification by Purchaser. The Purchaser agrees to indemnify, defend and hold harmless each of Investview and the Company and
its affiliates and its and their respective officers, directors, employees, representatives and agents from any and all Losses arising
out of or with respect to:

 

(i)
any inaccuracy in or breach of any of the representations or warranties of Purchaser contained in this Agreement; or

 

(ii)
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Purchaser pursuant to this Agreement.

 

(d)
Indemnification Procedures. The party making a claim under this Article 7 is referred to as the “Indemnified Party,”
and the party against whom such claims are asserted under this Article 7 is referred to as the “Indemnifying Party.” Whenever
any claim shall arise for indemnification hereunder, the Indemnified Party shall promptly provide written notice of such claim to the
Indemnifying Party. Such notice by the Indemnified Party shall: (i) describe the claim in reasonable detail; (ii) include copies of all
material written evidence thereof; and (iii) indicate the estimated amount, if reasonably practicable, of the Loss that has been or may
be sustained by the Indemnified Party. In connection with any claim giving rise to indemnity hereunder resulting from or arising out
of any action, suit, proceeding, inquiry or investigation (each, an “Action”) before or brought by a Person who is
not a party to this Agreement, the Indemnifying Party, at its sole cost and expense and upon written notice to the Indemnified Party,
may assume the defense of any such Action with counsel reasonably satisfactory to the Indemnified Party. The Indemnified Party shall
be entitled to participate in the defense of any such Action, with its counsel and at its own cost and expense, subject to the Indemnifying
Party’s right to control the defense thereof. If the Indemnifying Party does not assume the defense of any such Action, the Indemnified
Party may, but shall not be obligated to, defend against such Action in such manner as it may deem appropriate, including settling such
Action, after giving notice of it to the Indemnifying Party, on such terms as the Indemnified Party may deem appropriate and no action
taken by the Indemnified Party in accordance with such defense and settlement shall relieve the Indemnifying Party of its indemnification
obligations herein provided with respect to any damages resulting therefrom. The Indemnifying Party and the Indemnified Party shall cooperate
with each other in all reasonable respects in connection with the defense of any Action, including: (i) making available records relating
to such Action; and (ii) furnishing, without expense to the Indemnified Party, management employees of the non-defending party as may
be reasonably necessary for the preparation of the defense of such Action. The Indemnifying Party shall not settle any Action without
the Indemnified Party’s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed).

 

    	22

     

    

 

(e)
Survival. The representations and warranties contained herein shall survive the Closing and shall remain in full force and effect
until the date that is two years from the Closing Date. None of the covenants or other agreements contained in this Agreement shall survive
the Closing Date other than those which by their terms contemplate performance after the Closing Date, and each such surviving covenant
and agreement shall survive the Closing for the period contemplated by its terms. Notwithstanding the foregoing, any claims asserted
in good faith with reasonable specificity (to the extent known at such time) and in writing by notice from the non-breaching party to
the breaching party prior to the expiration date of the applicable survival period shall not thereafter be barred by the expiration of
such survival period and such claims shall survive until finally resolved.

 

8.
Legend. The certificates representing Interests, if any, when issued, shall bear the following legend, together with any legend
required by state law:

 

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) AND MAY NOT
BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR UNLESS THE
COMPANY HAS RECEIVED AN OPINION OF COUNSEL OR OTHER EVIDENCE SATISFACTORY TO THE COMPANY AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT
REQUIRED.

 

THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND CONDITIONS OF AN AMENDED AND RESTATED OPERATING AGREEMENT, AS
AMENDED AND/OR RESTATED TO DATE, AND NO TRANSFER OF SECURITIES SHALL BE VALID OR EFFECTIVE UNTIL SUCH CONDITIONS HAVE BEEN SATISFIED.
COPIES OF SUCH AGREEMENTS MAY BE EXAMINED AT THE PRINCIPAL OFFICE OF THE COMPANY.

 

9.
Governing Law; Jurisdiction. This Purchase Agreement shall be governed and construed in accordance with the laws of the State
of Delaware without regard to its conflicts of law principles.

 

PURCHASER
AND THE COMPANY CONSENT TO THE JURISDICTION OF ANY STATE OR FEDERAL COURT OF COMPETENT JURISDICTION LOCATED WITHIN THE STATE OF DELAWARE
AND NO OTHER PLACE AND IRREVOCABLY AGREE THAT ALL ACTIONS OR PROCEEDINGS RELATING TO THIS PURCHASE AGREEMENT MAY BE LITIGATED IN SUCH
COURTS. PURCHASER AND THE COMPANY ACCEPT FOR ITSELF AND HIMSELF AND IN CONNECTION WITH ITS AND HIS RESPECTIVE PROPERTIES, GENERALLY AND
UNCONDITIONALLY, THE EXCLUSIVE JURISDICTION OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS, AND IRREVOCABLY AGREES
TO BE BOUND BY ANY JUDGMENT RENDERED THEREBY IN CONNECTION WITH THIS PURCHASE AGREEMENT. PURCHASER AND THE COMPANY FURTHER IRREVOCABLY
CONSENT TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS IN THE MANNER AND TO THE ADDRESS SPECIFIED IN SECTION 10 OF
THIS PURCHASE AGREEMENT.

 

    	23

     

    

 

EACH
OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED IN
CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS PURCHASE AGREEMENT OR THE ACTIONS OF EITHER PARTY IN THE NEGOTIATION,
ADMINISTRATION, PERFORMANCE AND ENFORCEMENT THEREOF, EACH OF THE PARTIES HERETO ALSO WAIVES ANY BOND OR SURETY OR SECURITY UPON SUCH
BOND WHICH MIGHT, BUT FOR THIS WAIVER, BE REQUIRED OF SUCH PARTY. EACH OF THE PARTIES HERETO FURTHER WARRANTS AND REPRESENTS THAT IT
HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL, AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION
WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING, AND THIS WAIVER SHALL
APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS PURCHASE AGREEMENT. IN THE EVENT OF LITIGATION, THIS
PURCHASE AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

10.
Notices. All notices, demands, requests, consents, approvals, and other communications required or permitted to be given pursuant
to this Purchase Agreement shall be in writing and shall be delivered (a) in hand by person with written receipt of the person to whom
such notice is intended; (b) by registered or certified mail, postage prepaid, return receipt requested; or (c) by a generally recognized
commercial courier service or overnight delivery service, (Federal Express or UPS), for next business day delivery, postage prepaid,
with delivery receipt requested. All notices sent in accordance with this Section 10 shall be deemed “Delivered” unless otherwise
specified herein, the same day if delivered by hand in person with receipt and signature of the intended recipient or by an authorized
officer of the intended recipient; if by registered or certified mail, three (3) business days after the same is deposited in the U.S.
Mail; or if sent by a commercial courier service or overnight delivery service for next business day delivery, one (1) business day after
payment and deposit with the courier service with receipt of mailing. All communications shall be sent to the respective Parties at their
addresses as follows:

 

If
to Investview Inc. or

Investview
Financial Group Holdings, LLC:

 

234
Industrial Way West

Suite
A202

Eatontown,
NJ 07724

Attn:
Joseph Cammarata, CEO

Attn:
Annette Raynor, COO

 

    	24

     

    

 

With
a copy to:

 

MPower
Trading Systems LLC

1645
Kecks Road

Breinigsville,
PA 18031

Attn:
David B. Rothrock, Chairman

 

Michael
Best & Friedrich, LLP

170
South Main Street, Suite 1000

Salt
Lake City, UT 84101

Attention:
Kevin Timken

 

If
to Purchaser:

 

SSA
Technologies LLC

109
White Oak Lane

Suite
200

Old
Bridge, NJ 08857

Attn:
Joseph Cammarata, CEO

 

or
to such other address as may be specified by a Party, by written notice given in accordance with this Section 10.

 

11.
Fees and Expenses. Investview shall bear all legal fees and other out-of-pocket expenses in connection with the Audit. Investview
acknowledges it shall make the following payments as reimbursement of such out-of-pocket expenses as follows: all expenses paid by Purchaser
or an affiliate thereof that are to be borne by Investview pursuant to the first sentence of this Section 11, to be paid to Purchaser
within fifteen (15) days of the Closing or termination of this Purchase Agreement. Other than as set forth in this Section 11, each Party
acknowledges, agrees and confirms that each Party shall bear its own legal fees and other out-of-pocket expenses for such Party’s
own separate review and negotiation with respect to its rights and obligations with regards to the transactions contemplated hereby.

 

12.
Miscellaneous.

 

(a)
All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the identity
of the person or persons or entity or entities may require.

 

(b)
None of the provisions of this Purchase Agreement may be waived, modified, amended, deleted, changed or terminated orally or otherwise,
except by a writing signed by the Company, Investview and Purchaser.

 

(c)
In the event any provision of this Purchase Agreement is found to be void, invalid, illegal or unenforceable, the remaining provisions
are intended to be separable and binding with the same effect as if the void, invalid, illegal or unenforceable provision were never
the subject of this Purchase Agreement.

 

    	25

     

    

 

(d)
The invalidity, illegality or unenforceability of one or more of the provisions of this Purchase Agreement in any jurisdiction shall
not affect the validity, legality or enforceability of the remainder of this Purchase Agreement in such jurisdiction or the validity,
legality or enforceability of this Purchase Agreement, including any such provision, in any other jurisdiction, it being intended that
all rights and obligations of the Parties hereunder shall be enforceable to the fullest extent permitted by law.

 

(e)
This Purchase Agreement supersedes all prior discussions and agreements between the Parties with respect to the subject matter hereof,
including the Existing Purchase Agreement, and contains the sole and entire agreement between the Parties hereto with respect to the
subject matter hereof.

 

(f)
The headings used in this Purchase Agreement have been inserted for convenience of reference only and do not define or limit the provisions
hereof.

 

(g)
This Purchase Agreement may be executed in any number of counterparts and by different Parties hereto in separate counterparts, with
the same effect as if all Parties had signed the same document. All such counterparts (including counterparts delivered by facsimile,
email or other electronic format) shall be deemed an original, shall be construed together and shall constitute one and the same instrument.
This Purchase Agreement shall become effective when each Party hereto shall have received counterparts hereof signed by all of the other
Parties hereto.

 

(h)
No failure or delay by any party in exercising any right, power or privilege under this Purchase Agreement shall operate as a waiver
thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other
right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided
by law.

 

(i)
Any provision of this Purchase Agreement which, either by its terms or to give effect to its meaning, must survive, shall survive the
cancellation, expiration or termination of this Purchase Agreement.

 

(j)
All the terms and provisions of this Purchase Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective
Parties hereto, the successors and permitted assigns of the Purchaser and the successors of the Company, whether so expressed or not.
None of the Parties hereto may assign its rights or obligations hereof without the prior written consent of the Company, except that
the Purchaser may, without the prior consent of the Company, assign its rights to any trust or entity owned by Purchaser and or Purchaser’s
successors and assigns for estate planning purposes. This Purchase Agreement shall not inure to the benefit of or be enforceable by any
other third-party person or entity.

 

(k)
At any time or from time to time after the date hereof, the Parties agree to cooperate with each other, and at the request of any other
Party, and without any additional consideration, the Parties agree to provide further information or assurances; execute and deliver
such additional agreements, documents and instruments; and take such other actions and do such other things, as may be necessary or appropriate
to carry out the terms and provisions of this Purchase Agreement, the intent of the Parties and give effect to the transactions contemplated
hereby.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	26

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase Agreement to be duly executed as of the date first set forth above.

 

	 	SSA TECHNOLOGIES LLC
	 	 	 
	 	By:
    	/s/
    Joseph Cammarata
	 	Name:
    	Joseph
    Cammarata
	 	Title:
    	Chief
    Executive Officer

 

[Signature
Page to Securities Purchase Agreement]

 

    	 

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase Agreement to be duly executed as of the date first set forth above.

 

	 	INVESTVIEW
    FINANCIAL GROUP HOLDINGS, LLC
	 	 	 
	 	By:	/s/
Joseph Cammarata
	 	Name:	Joseph
Cammarata
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	By:
    	/s/
    Annette Raynor
	 	Name:	Annette
Raynor
	 	Title:	Chief
Operations Officer

 

[Signature
Page to Securities Purchase Agreement]

 

    	 

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase Agreement to be duly executed as of the date first set forth above.

 

	 	INVESTVIEW,
    INC.
	 	 	 
	 	By:	/s/
    Joseph Cammarata
	 	Name:	Joseph
Cammarata
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	By:
    	/s/
    Annette Raynor
	 	Name:	Annette
Raynor
	 	Title:	Chief
Operations Officer

 

[Signature
Page to Securities Purchase Agreement]

 

    	 

     

    

 

Schedules,
Appendix, and Exhibits Omitted for FilingDocument

FIRST AMENDMENT TO
BROWN-FORMAN CORPORATION
AMENDED AND RESTATED
NON-EMPLOYEE DIRECTOR DEFERRED STOCK UNIT PROGRAM
The Brown-Forman Corporation Amended and Restated Non-Employee Director Deferred Stock Unit Program (the “Program”) is hereby amended as follows, effective as of the date this First Amendment is adopted by the Board of Directors:
1.    Section 7(b) of the Program is amended to add the following paragraph to the end thereof:
Notwithstanding the foregoing, with respect to deferrals for compensation otherwise payable in calendar year 2023 and thereafter, the Participant shall elect at the time specified in Section 4(c) for each year whether clause (i) or (ii) shall apply to deferrals for such year (i.e., a separate distribution election may be made for each year’s deferrals).  In the event no such election is made for a calendar year, clause (i) above shall apply for distributions of the portion of the Participant’s Account (including earnings) attributable to such year.
2.    A new Section 7(d) is added to the Program to read as follows:
Special One-Time Election.  On a form approved by the Committee, a Participant may elect to modify his or her distribution election under Section 7(b) for the portion of the Participant’s Account (including earnings) attributable to calendar years through 2022.  Such election must be made no later than August 1, 2022, shall be irrevocable when made, and shall apply only if (i) the election does not take effect until at least 12 months after the date the election is made (or, with respect to installment distributions, the date such installments would have commenced), and (ii) each distribution is deferred for a period of not less than 5 years from the date such distribution would otherwise have been made absent such election.

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