Document:

Exhibit
10.9

 

STOCK
PURCHASE AGREEMENT

 

THIS
STOCK PURCHASE AGREEMENT (the “Agreement”) dated as of November 12, 2015, by and among Breakthrough Products,
Inc., a Delaware corporation (the “Company”), URX ACQUISITION TRUST, a Delaware statutory trust, (the “Trust”),
Jordan Eisenberg, the chief executive officer and a shareholder of the Company (“Eisenberg”), the other shareholders
of the Company listed on Exhibit A (Eisenberg and such other shareholders being sometimes collectively referred to as the “Sellers,”
and individually as a “Seller”), and Synergy CHC Corp., a Nevada corporation (the “Buyer”).
Company, Trust, Sellers, and Buyer are sometimes referred to collectively as the “Parties” and individually
as a “Party”.

 

BACKGROUND

 

Sellers,
either directly or indirectly, collectively own all of the issued and outstanding capital stock of the Company.

 

The
Company, operating as UrgentRx, is engaged in the business of developing and selling medications for headache, heart burn, allergy attack,
ache and pain, and upset stomach in the form of powders (the “Products”) (the Products and the business related
to the manufacture, sale, marketing and distribution of the Products is collectively the “Business”).

 

Buyer
desires to purchase all of the outstanding capital stock of the Company (the “Stock Purchase”), and Sellers
desire to sell such outstanding capital stock to Buyer, in each case upon the terms and subject to the conditions set forth in this Agreement.

 

The
Trust was formed for the sole purpose of holding, collecting, and managing the Purchase Consideration (as defined below) payable with
respect to the Stock Purchase (including voting the shares issued as purchase price consideration and exercising all shareholder rights
with respect thereto while being held by the Trust), enforcing the rights of the Sellers with respect to this Agreement, payment of any
expenses and any liabilities of the Sellers under this Agreement, and distributing the assets of the Trust to the Sellers.

 

In
consideration of the foregoing and the respective covenants and agreements hereinafter contained, the Parties hereto hereby agree as
follows:

 

1.
Definitions. As used in this Agreement (including the recitals and Disclosure Schedules hereto), the following selected terms
shall have the following meanings (such meanings to be applicable equally to both singular and plural forms of the terms defined):

 

“Action”
means any claim, action, cause of action, demand, lawsuit, arbitration, audit, notice of violation, proceeding, litigation, citation,
summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether formal or informal,
whether public or private and whether at law or in equity;

 

“Affiliate”
shall mean, as to any Person, any other Person which directly or indirectly controls, or is under common control with, or is controlled
by, such Person. As used in this definition, “control” (including, with its correlative meanings, “controlled by”
and “under common control with”) shall mean possession, directly or indirectly, of the power to direct or cause the direction
of management or policies (whether through ownership of securities or partnership or other ownership interests, by Contract or otherwise)
of such Person;

 

“Closing”
shall mean the consummation of the transactions contemplated by this Agreement;

 

“Code”
means the Internal Revenue Code of 1986, as amended;

 

“Commercially
Reasonable Efforts” means the commercially reasonable efforts that a prudent Person desirous of achieving a result and
having an incentive to and interest in achieving such result would use to achieve that result as expeditiously as reasonably possible
under the circumstances;

 

    	 

    	 

    

 

“Company
Equityholder” means the holder of any capital stock of the Company or any options, warrants, purchase rights, subscription
rights, conversion rights, exchange rights, or other Contracts or commitments that could require the Company to issue, sell, or otherwise
cause to become outstanding any of its capital stock;

 

“Contract”
means any agreement, contract, indenture, instrument, obligation, promise or undertaking (whether written or oral and whether express
or implied) that is legally binding;

 

“Customers”
means all of the customers of Company during each of Company’s 2012, 2013, and 2014 fiscal years and during the period ended as
of September 30, 2015;

 

“Disclosure
Schedules” means the disclosure letter delivered by Sellers concurrently with the execution and delivery of this Agreement;

 

“Employee”
means an employee of Company employed in connection with the Business;

 

“Employee
Benefit Plan” means any pension, profit sharing, retirement, deferred compensation, stock purchase, stock option or other
equity based compensation plans, incentive, bonus, vacation, employment agreement, independent contractor agreement, severance, disability,
hospitalization, sickness, death, medical insurance, dental insurance, life insurance and any other material employee benefit plan (whether
provided on a funded or unfunded basis, or through insurance or otherwise), agreement, program, policy, trust, fund, Contract or arrangement;

 

“Environmental
Laws” means all Laws concerning pollution or protection of the environment and natural resources, including without limitation
all those relating to the presence, use, production, generation, handling, transportation, treatment, storage, control or cleanup of
any hazardous materials, substances or wastes, pesticides, pollutants or byproducts, asbestos, polychlorinated biphenyls, or radiation,
each as amended and as now or hereafter in effect;

 

“Fundamental
Representations” shall mean the representations and warranties set forth in (i) Sections 3(a), 3(b), 3(c), and 3(d); (ii)
Sections 4(a), 4(c), 4(d), and 4(e); (iii) Sections 5(a), 5(b), 5(c), 5(d), 5(g), 5(h), (5(i) and 5(j); and Sections 6(a), 6(b), 6(c),
and 6(d).

 

“Government”
shall mean any agency, division, subdivision, audit group or procuring office of the Government of the United States, any state of the
United States, including the employees or agents thereof;

 

“Guarantee”
means any Contract of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities
(fixed, contingent or otherwise) or indebtedness of another Person;

 

“Intellectual
Property” means all intellectual property rights whether protected, created or arising under the Laws of the United States
or any other jurisdiction, including the following: (i) patents and patent applications; (ii) trademarks and service marks, including
all applications and registrations and goodwill related to the foregoing; (iii) copyrights, including all applications and registrations
related to the foregoing (including, without limitation, for all designs); (iv) Internet domain names; (v) telephone numbers, electronic
mail addresses and social media accounts and registrations, including but not limited to accounts and registrations with Facebook, LinkedIn,
Twitter, and other similar services; and (vi) trade secrets, know-how, ideas, creative works, inventions, discoveries, methods, processes,
technical data, specifications, research and development information, technology, software or computer programs, and data base;

 

“Knowledge
of Company” or “Company’s Knowledge” or a similar phrase shall mean, with respect to any
matter, the actual knowledge the Eisenberg, Lynn Millheiser (COO), Kimber Ward (VP Marketing), and Genevieve Bucsek (Controller), or
facts regarding such matter which reasonably should have been known by such persons after making a diligent inquiry with respect to such
matter;

 

“Laws”
means all statutes, laws, codes, ordinances, regulations, rules, orders, judgments, writs, injunctions, acts or decrees of any Government
entity;

 

    	 

    	 

    

 

“Liability”
means any liability or obligation of whatever kind or nature (whether known or unknown, whether asserted or unasserted, whether absolute
or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including without
limitation any liability for Taxes;

 

“Lien”
shall mean any mortgage, pledge, security interest, encumbrance, lien (statutory or other) or conditional sale agreement, and including
claims on title and liens in favor of contractors, carriers, warehousemen, mechanics, materialmen, and subcontractors and statutory or
common law liens to secure claims for labor, materials or supplies, and other similar liens and encumbrances;

 

“Material
Adverse Effect” shall mean, when used in connection with an entity means any change, event, circumstance, condition or
effect that is or is reasonably likely to be, individually or in the aggregate, materially adverse to: (i) the condition (financial or
otherwise), capitalization, properties, prospects, products, assets (including intangible assets), Intellectual Property, liabilities,
business, operations or results of operations of such entity and its subsidiaries, taken as a whole, or (ii) such entity’s ability
to consummate the Stock Purchase or to perform its obligations under this Agreement;

“Material
Adverse Event” means any untoward or negative occurrence (including, without limitation, physical injury) related to the
Business or the use of the Products that would result in a Material Adverse Effect;

 

“Person”
shall mean and include any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company,
trust, and any other unincorporated organization or Government;

 

“Regulations”
means the Treasury Regulations (including Temporary Regulations) promulgated by the United States Department of Treasury with respect
to the Code;

 

“Taxes”
shall mean (i) all federal, state, local or foreign taxes, including, but not limited to, income, gross income, gross receipts, capital,
production, excise, employment, sales, use, transfer, transfer gain, ad valorem, premium, profits, license, capital stock, franchise,
severance, stamp, withholding, Social Security, employment, unemployment, disability, worker’s compensation, payroll, utility,
windfall profit, custom duties, personal property, real property, environmental, registration, alternative or add-on minimum, estimated
and other taxes, governmental fees or like charges of any kind whatsoever, and (ii) any interest, penalties, fines, loss, damages, liability,
expense or additions thereto whether disputed or not; and (iii) any transference liability in respect of any items described in clauses
(i) or (ii) payable by reason of contract assumption, transference liability, operation of law, or otherwise;

 

“Tax
Return” means any return, declaration, report, claim for refund, information return or statement relating to any taxes,
including any schedule or attachment thereto and including any amendment therof;

 

“Transaction
Documents” shall mean this Agreement, the Share certificates, and the other exhibits and schedules hereto and thereto,
and all other agreements, instruments, certificates and other documents to be entered into or delivered by any Party in connection with
the transactions contemplated to be consummated pursuant to any of the foregoing.

 

2.
Stock Purchase.

 

(a)
Purchase and Sale of the Company’s Capital Stock. Upon the terms and subject to the conditions herein set forth, Sellers
agree to sell, convey, transfer, assign and deliver to Buyer, and Buyer agrees to purchase and accept from Sellers, at the Closing, all
of the issued and outstanding capital stock of the Company (the “Shares”).

 

(b)
Consideration.

 

(i)
Upon the terms and subject to the conditions set forth in this Agreement, in reliance on the representations, warranties, covenants and
agreements of Sellers contained herein, the consideration payable to Sellers for the Stock Purchase shall be the right to receive the
corpus of the Trust pursuant to the governing documents of the Trust.

 

(ii)
In consideration of the Stock Purchase, Buyer shall:

 

    	 

    	 

    

 

	 	1.	Issue
    and deliver to the Trust for the benefit of the Sellers Six Million (6,000,000) shares of the common stock of Buyer, with a deemed
    value of $0.85 per share (the “Equity Consideration”); and
	 	 	 
	 	2.	Following
    the first Five Million Dollars ($5,000,000) in gross sales of the Products by Buyer or its Affiliates (including the Company), on
    a quarterly basis for a period of seven (7) years from the date of this Agreement, pay a royalty to the Trust for the benefit of
    the Sellers equal to five percent (5%) of gross sales of the Products by Buyer or its Affiliates (including the Company) (the “Royalty
    Consideration” and together with the Equity Consideration, the “Purchase Consideration”).
    For purposes of clarity, the $5 million gross sales threshold before Royalty Consideration becomes due and payable shall only apply
    once during the seven year period when Royalty Consideration is or may become due and payable by Buyer. 

 

(c)
Closing. The Closing will take place contemporaneously with the execution of this Agreement at the offices of Smith, Gambrell
& Russell, LLP, 1230 Peachtree Street, N.E., Suite 3100, Atlanta, Georgia 30309. The Parties agree that the Closing may occur electronically
through the delivery of facsimile or electronic copies of any and all other ancillary documents or documents required to be delivered
under the terms of this Agreement, unless specifically set forth herein.

 

(d)
Closing Deliverables. At the Closing:

 

(i)
Each Seller will deliver to Buyer either (i) the certificates representing all of the Shares owned by such Seller, duly endorsed in blank
or with appropriate stock powers with respect thereto duly endorsed in blank, or (ii) if such certificates are not available at Closing,
stock powers for such unavailable certificates, duly endorsed in blank. All certificates will be delivered to Buyer no later than ten
(10) days following the Closing. If any certificates cannot be located, such Seller will deliver to the Buyer, no later than ten (10)
days following the Closing, an affidavit of such Seller reasonably satisfactory to Buyer stating that the certificates representing all
of the Shares owned by such Seller have been lost, stolen or otherwise cannot be located.

 

(ii)
The Company will deliver to Buyer evidence that the officers and directors of the Company in office immediately prior to the Closing
have resigned as officers and directors of the Company effective as of the Closing, unless otherwise requested by Buyer; excluding Jordan
Eisenberg, who shall have entered into an employment agreement with the Company.

 

(iii)
The Company will deliver to Buyer evidence that the Shares can be transferred from the Sellers to Buyer free from any rights of first
refusal, registration rights, rights of co-sale or other restrictions or conditions relating to transfer of the Shares.

 

(iv)
The Company will deliver to Buyer evidence that all options, warrants, purchase rights, subscription rights, conversion rights, exchange
rights, or other Contracts or commitments that could require the Company to issue, sell, or otherwise cause to become outstanding any
of its capital stock have been terminated.

 

(v)
The Company will deliver to Buyer a Release Agreement in the form of Exhibit B duly executed by each Company Equityholder who
is not also a Seller.

 

(vi)
The Company will deliver to Buyer a certificate executed by the authorized person of the Company certifying as to the truthfulness, completeness
and accuracy of attached copies of resolutions of the directors and shareholders of the Company authorizing this Agreement and the transactions
contemplated hereby; and such other documents relating to the transactions contemplated by the Transaction Documents to be consummated
at the Closing as counsel to Buyer shall reasonably request in order to complete the Stock Purchase by Buyer.

 

(vii)
The Company will deliver to Buyer a certificate of the State of Delaware dated reasonably close to the Closing Date, as to the legal
existence and good standing of Company in Delaware.

 

    	 

    	 

    

 

(viii)
The Trust will deliver to Buyer its duly executed governing instrument(s).

 

(ix)
The Trust will deliver to Buyer a certificate executed by its trustee, certifying the satisfaction by the Company of the conditions specified
in Section 5 and certifying as to the truthfulness, completeness and accuracy of attached copies the Trust Documents (as defined
below) authorizing this Agreement and the transactions contemplated hereby; and such other documents relating to the transactions contemplated
by the Transaction Documents to be consummated at the Closing as counsel to Buyer shall reasonably request in order to complete the Stock
Purchase by Buyer.

 

(x)
Buyer shall issue and deliver to the Trust for the benefit of the Sellers the Equity Consideration.

 

3.
Representations And Warranties Of Sellers. As a material inducement to Buyer to enter into this Agreement and to consummate
the transactions contemplated hereby, each Seller severally represents and warrants to the Buyer that the statements contained in this
Section 3 are true and correct as of the date hereof, with respect to itself, except as set forth in the Disclosure Schedules.

 

(a)
Authority of Sellers. Each Seller has all requisite power and authority to enter into the Transaction Documents to which
such Seller is a party and to carry out such Seller’s obligations thereunder. The execution and delivery of the Transaction Documents
and the performance of each Seller’s obligations thereunder have been duly authorized by all necessary corporate, shareholder,
partnership or member action of such Seller (if such Seller is a corporation or an entity with shareholders, partners or members), and
no other proceedings on the part or in respect of such Seller is necessary to authorize such execution, delivery and performance. The
Transaction Documents to which a Seller is identified as a party thereto have been duly executed by or on behalf of such Seller and assuming
due authorization, execution and delivery by the other parties thereto, constitute such Seller’s valid and binding obligations,
enforceable against such Seller in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency,
moratorium or similar laws of general application relating to or affecting creditors’ rights generally and except for the limitations
imposed by general principles of equity.

 

(b)
No Conflicts; Consents. The execution, delivery and performance by Seller of the Transaction Documents to which such Seller is
a party does not and will not: (a) result in a violation or breach of any provision of the governing documents of Seller, if applicable;
(b) result in a violation or breach of any provision of any Law or Governmental order, judgment or decree applicable to Seller; or (c)
require the consent, notice or other action by any Person under, conflict with, result in a violation or breach of, constitute a default
under, or result in the acceleration of any agreement to which Seller is a party. No consent, waiver, approval, order, or authorization
of, or registration, declaration, or filing with, any court, administrative agency, or commission or other governmental authority or
instrumentality (“Governmental Entity”), or any other Person, is required by or with respect to Seller in connection
with the execution and delivery of the Transaction Documents to which Seller is a party or the consummation of the transactions contemplated
hereby.

 

(c)
Title to Shares. Seller is the legal owner of the number and class of the Shares listed on Exhibit A hereto with respect
to such Seller, free and clear of all Encumbrances.

 

(d)
Legal Proceedings. There are no actions, suits, claims, investigations or other legal proceedings pending or, to Seller’s
knowledge, threatened against or by Seller that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated
by this Agreement.

 

(e)
Brokers. Except for Creo Capital Advisors LLC, who was hired by the Company, no broker, finder, or investment banker is entitled
to any brokerage, finder’s, or other fee or commission in connection with the transactions contemplated by this Agreement based
upon arrangements made by or on behalf of Seller.

 

4.
Representations and Warranties of the Company. As a material inducement to Buyer to enter into this Agreement and to consummate
the transactions contemplated hereby, the Company represents and warrants to the Buyer that the statements contained in this Section
4 are true and correct as of the date hereof, except as set forth in the Disclosure Schedules.

 

    	 

    	 

    

 

(a)
Corporate Organization. The Company is a corporation duly organized, validly existing and in good standing under the laws of its
jurisdiction of formation. The organizational documents which have been furnished to Buyer reflect all amendments made thereto at any
time prior to the date of this Agreement and are correct and complete. The minute books and other books and records of the Company, to
the extent such minutes exist, have been furnished to Buyer. The Trust is a statutory trust duly organized, validly existing and in good
standing under the laws of its jurisdiction of formation.

 

(b)
Qualification to Do Business. The Company has full corporate power and authority to carry on its business as now being conducted
and is entitled to own, lease, or operate the properties and assets now owned, leased, or operated by it. The Company is qualified to
do business, is in good standing, and has all required and appropriate licenses in each jurisdiction except jurisdictions in which failure
to obtain or maintain such qualification, good standing, or licensing would not, individually or in the aggregate, have a Material Adverse
Effect. The Company is duly qualified to conduct the Business as presently conducted by the Company as a foreign corporation in the jurisdictions
listed in the Disclosure Schedule. No consent, waiver, approval, order, or authorization of, or registration, declaration, or filing
with, any Governmental Entity or any other Person, is required to be made or obtained by the Company in connection with the execution
and delivery of this Agreement by the Company, or the consummation by the Company of the transactions contemplated hereby, except for
such consents, authorizations, filings, approvals and registrations that, if not obtained or made, would not have a Material Adverse
Effect on the Company.

 

(c)
Authorization and Validity of Agreement. The Company has all requisite power and authority to enter into the Transaction Documents
to which it is a party and to carry out its obligations thereunder. The execution and delivery of the Transaction Documents and the performance
of the Company’s obligations thereunder have been duly authorized by all necessary corporate action of the Company, and no other
proceedings on the part or in respect of the Company is necessary to authorize such execution, delivery and performance. The Transaction
Documents to which the Company is a party have been duly executed by or on behalf of the Company and assuming due authorization, execution
and delivery by the other parties thereto constitute the valid and binding obligations of, and enforceable in accordance with their respective
terms against, the Company, except as may be limited by applicable bankruptcy, insolvency, moratorium or similar laws of general application
relating to or affecting creditors’ rights generally and except for the limitations imposed by general principles of equity.

 

(d)
No Conflict or Violation. Subject to obtaining any consents and approvals identified in the Disclosure Schedules, the execution,
delivery and performance by the Company of the Transaction Documents to which it is a party does not and will not (i)(A) conflict with
or result in a breach of the terms, conditions, or provisions of, (B) constitute a default under (whether with or without the passage
of time, the giving of notice or both), (C) give any third party the right to modify, terminate or accelerate any obligation under, (D)
result in a violation of, or (E) require any consent, exemption or other action by or notice or declaration to, or filing with, any third
party of any Government Entity pursuant to (1) any organizational documents of Company; (2) any provision of law, rule or regulation,
or any order, judgment or decree of any court or other governmental or regulatory authority; or (3) any Contract, lease, sublease, occupancy
agreement, loan agreement, mortgage, security agreement, trust indenture or other agreement or instrument to which Company is a party
or by which Company is bound or to which any of Company’s properties or assets is subject; (ii) result in the creation of any Lien
or Tax upon the equity or assets of Company; or (iii) otherwise interfere in any material manner with the Business. All of the Contracts
and Permits of Company will continue without penalty, adjustment, breach of any such Contract or Permit, or the right of the customer
or any Governmental Entity to terminate or modify any such Contract or Permit as a result of the Stock Purchase.

 

(e)
Capitalization. The authorized capital stock of the Company, the issued and outstanding shares of capital stock of the Company,
and the par value per share of all of the authorized capital stock of the Company, are set forth in the Disclosure Schedule. All of the
Shares are duly authorized, validly issued, fully paid and nonassessable. There are no outstanding or authorized options, warrants, purchase
rights, subscription rights, conversion rights, exchange rights, or other Contracts or commitments that could require the Company to
issue, sell, or otherwise cause to become outstanding any of its capital stock. Except as set forth in the Disclosure Schedule, there
is no outstanding or authorized stock appreciation, phantom stock, profit participation, or similar rights with respect to the Company.
Except as described in the Disclosure Schedule, there are no voting trusts, proxies, or other agreements or understandings with respect
to the voting of the capital stock of the Company. Following the Closing, Buyer may freely terminate any voting trusts, proxies, or other
agreements or understandings with respect to the voting of the capital stock of the Company. All actions have been properly authorized
such that the Shares can be transferred to Buyer free from any rights of first refusal, registration rights, rights of co-sale or other
restrictions or conditions relating to transfer of the Shares. All holders of Company capital stock are able to receive the Equity Consideration
by virtue of an exemption to the Securities Act of 1933, as amended (the “1933 Act”).

 

    	 

    	 

    

 

(f)
Assets. The Company has good and marketable title to, or a valid leasehold interest in, all of its assets and properties, free
and clear of all Encumbrances, except those identified in the Disclosure Schedule, and except for liens for Taxes not yet due and payable,
and mechanics’ liens, materialmen’s liens, and other liens arising by operation of law, which liens do not in any case materially
and adversely affect the Company’s title to its assets, the Company’s use of its assets or the value of such assets. Except
as set forth on the Disclosure Schedule, the obligations giving rise to the Encumbrances identified in the Disclosure Schedule may be
prepaid at any time by the Company without penalty, premium or other special charge Except as disclosed in the Disclosure Schedule, to
the Company’s Knowledge, the Company’s assets which are tangible personal property are in reasonably good and serviceable
condition, normal wear and tear excepted, have been maintained in accordance with normal industry practice, and are suitable for the
purposes for which they are presently used. The Company owns or leases all equipment or other tangible assets that are necessary for
the conduct of the Business as presently conducted. No assets are used in the Business that are not owned or leased or licensed by the
Company and not included in the Assets. The Company operates no business other than the Business and related activities.

 

(g)
Subsidiaries. The Company does not own, directly or indirectly, any stock or other interests in any other entity.

 

(h)
Financial Statements. Set forth in the Disclosure Schedules and provided to the Buyer are the Company’s most recent unaudited
balance sheet, and unaudited income statement, as of October 31, 2015 (the “Financial Statements”). The Financial
Statements have been prepared in accordance with Generally Accepted Accounting Principles (“GAAP”), are complete
and fairly represent in all material respects all of the assets, liabilities, transactions, and results of operations of the Business
and the Company as of the dates thereof; subject, however, to normal year-end adjustments consistent with past practice, and further
subject to the absence of footnotes, statements of cash flow, and changes in equity. The Company shall have a minimum cash balance of
One Million Five Hundred Seventy-Five Thousand Dollars ($1,575,000) at Closing after payment of, or reservation on the Financial Statements
for, all debts, fees, liabilities, payables, Taxes, claims, costs and expenses of or against the Company including, without limitation,
all costs, expenses, payables, debts and liabilities arising out of the operations of the Company incurred or arising prior to the Closing.

 

(i)
Absence of Certain Changes or Events. Except as otherwise provided in the Disclosure Schedule, since October 31, 2015, the Company
has conducted the Business only in the ordinary course consistent with past practices. Without limiting the generality of the foregoing,
since October 31, 2015, except as disclosed pursuant to the Disclosure Schedule:

(i)
there has been no increase in the compensation or benefits paid or payable by the Company, other than in the ordinary course of business
and consistent with past practices, to any of its officers, directors, employees, agents, consultants or shareholders, including any
grant of severance or termination pay to any director, officer or employee of the Company, or any deferred compensation or similar agreement
(or any amendment to any such existing agreement) with any director, officer or employee of the Company;

 

(ii)
there has been no declaration, setting aside, or payment of dividends or distributions in respect of the capital stock of the Company,
any split up or other recapitalization in respect of the capital stock of the Company or any direct or indirect redemption, purchase
by the Company, or other acquisition by the Company of any such capital stock, except dividends declared and paid, or distributions made,
prior to the Closing Date to Seller in the ordinary course of business consistent with the past practices of the Company;

 

(iii)
the Company has not waived or compromised any right of material value or any payment, direct or indirect, of any material debt, liability,
or other obligation;

 

(iv)
there has been no Material Adverse Effect on the Company;

 

    	 

    	 

    

 

(v)
there has been no issuance, transfer, sale, or pledge by the Company of any shares of its capital stock or other securities or any commitment,
option, right, or privilege under which the Company is or may become obligated to issue any shares of its capital stock or other securities;
there has been no indebtedness for borrowed money incurred by the Company except such as may have been incurred or entered into in the
ordinary course of business; no loan has been made or agreed to be made by the Company, nor has the Company become liable or agreed to
become liable as a guarantor with respect to any loan or other indebtedness of the Company or Seller, or any third party;

 

(vi)
the Company has not waived or compromised any right of material value or any payment, direct or indirect, of any material debt, liability,
or other obligation;

 

(vii)
there has been no sale, assignment, or transfer of, or royalty arrangement with respect to the Company’s trade names, trademarks,
service marks, domain names, web addresses, copyrights (or any interest therein), patent, or logos of material value, or any patent,
trademark, service mark, domain name or web address or copyright applications (or any interest therein) used (or that were, or are intended
to be used) in the operations of the Business;

 

(viii)
there has been no sale, lease or disposition of, any material property or asset, tangible or intangible, of the Company;

 

(ix)
there has been no actual or, to the Company’s Knowledge, threatened termination or loss of any (A) material contract, lease, license,
permit or other agreement to which the Company was or is a party other than terminations of contracts upon completion of work; (ii) certificate,
license, or other authorization required for the continued operation by the Company of any material portion of the Business; or (B) customer
or other revenue source, which termination or loss could reasonably be expected to result in loss or revenues to the Company in excess
of Twenty-five Thousand Dollars ($25,000.00) per year, and there is no event known to the Company (including, without limitation, the
transactions contemplated hereby) that could reasonably be expected to result in any such termination or loss;

 

(x)
there has been no resignation or termination of employment of any key officer or employee of the Company or, to any Company’s Knowledge,
any impending resignation or termination of employment of any such officer or employee;

 

(xi)
there has been no agreement or commitment by the Company or Seller to do any of the things described in this Section 4(i).

 

(j)
Tax Matters.

 

(i)
The Company has timely filed all material Tax Returns that it was required to file. All such Tax Returns as so filed are materially accurate,
and, to the Company’s Knowledge, disclose all Taxes required to be paid for the periods covered thereby. All material Taxes due
and owing by the Company (whether or not shown on any Tax Return) have been paid. The Company is not currently the beneficiary of any
extension of time within which to file any Tax Return. There are no Liens for Taxes (other than Taxes not yet due and payable) upon any
of the assets of the Company. The Company has withheld and paid all Taxes required to have been withheld and paid in connection with
amounts paid or owing to any employee, independent contractor, creditor, stockholder, or other third party, and all Tax Returns and forms
required with respect thereto have been properly completed and timely filed.

 

(ii)
There is no material dispute or claim concerning any Tax liability of the Company either (A) claimed or raised by any authority in writing
or (B) to the Knowledge of Company.

 

(iii)
The Disclosure Schedule identifies all federal, state, local and foreign income Tax returns filed with respect to the Company for taxable
periods ended on or after December 31, 2011, indicates those Tax Returns that have been audited, and indicates those Tax Returns that
currently are the subject of audit. The Company has delivered to Buyer correct and complete copies of all federal income Tax Returns,
examination reports, and statements of deficiencies assessed against or agreed to by the Company since December 31, 2011. The Company
has not waived any statute of limitations in respect of Taxes or agreed to any extension of time with respect to a Tax assessment or
deficiency.

 

    	 

    	 

    

 

(iv)
The Company has not made any material payments, is not obligated to make any material payments, and is not a party to any agreement that
under certain circumstances (including without limitation the performance of the transactions contemplated by this Agreement) could obligate
it to make any material payments that will not be deductible under Code section 280G. The Company is not a party to any Tax allocation
or sharing agreement. The Company (A) has not been a member of an affiliated group (within the meaning of Code section 1504(a)) filing
a consolidated federal income Tax Return (other than a group the common parent of which was the Company) and (B) does not have any liability
for the Taxes of any Person under Regulations section 1.1502-6 (or any similar provision of state, local, or foreign law), as a transferee
or successor, by contract, or otherwise.

 

(v)
The unpaid Taxes of the Company (A) did not, as of the most recent fiscal month end, exceed the reserve for Tax liability (rather than
any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the most
recent Financial Statements (rather than in any notes thereto) and (B) will not exceed that reserve as adjusted for operations and transactions
through the Closing Date in accordance with the past custom and practice of the Company in filing its Tax Returns.

 

(vi)
The Company has not distributed stock of another Person, or has had its stock distributed by another Person, in a transaction that was
purported or intended to be governed in whole or in part by Code section 355 or Code section 361.

 

(vii)
At all times since its formation, the Company has been classified as a corporation for federal, state, local and foreign income Tax purposes.

 

(viii)
The Company is not a “foreign person” as that term is used in Regulations section 1.1445-2.

 

(k)
Absence of Undisclosed Liabilities; Indebtedness. Except as identified pursuant to the Disclosure Schedule, or reflected on the
Financial Statements, or incurred in the ordinary course of business, the Company has no indebtedness or liability, absolute or contingent,
involving, affecting or relating to the Business or the Products.

 

(l)
Intellectual Property.

 

(i)
“IP Assets” shall mean all of the following materials owned or licensed by the Company with respect to the
Business: (A) the proprietary formulas for the Products; (B) the domain names listed on Schedule 4(l) (collectively, the “Domain
Names”); (C) all the content on and accessible through the websites associated with the Domain Names, including demos (collectively,
the “Website Content”); and (D) the entire Business marketing database consisting of all available customer
information and all marketing, advertising and promotional materials, including logos, colors, videos, booklet designs, catalogs, solicitations,
email templates, advertisements and all other Business marketing materials (whether in draft or final form) (collectively, the “Marketing
Materials”).

 

(ii)
Schedule 4(l) lists all patented, registered, applied-for, and other Intellectual Property used in the Business and all Intellectual
Property of the Company licensed to any third Person (collectively, the “Business Intellectual Property”),
including the registration and application information, date of application or issuance and relevant jurisdiction as to each, and whether
or not the Business Intellectual Property is owned or licensed. Business Intellectual Property that is licensed by the Company from a
third party is “Licensed Intellectual Property”.

 

(iii)
The Company owns all right, title and interest in and to or has a valid and enforceable license to use, all IP Assets, Business Intellectual
Property, and the Licensed Intellectual Property, free and clear of all Liens, and all patented or registered Business Intellectual Property
is valid and enforceable. To the Company’s Knowledge, it has taken commercially reasonable steps to maintain the confidentiality
of all information that constitutes a trade secret of the Business.

 

    	 

    	 

    

 

(iv)
Except as set forth on Schedule 4(l), (A) the conduct of the Business, including the delivery and distribution of the Products,
has not infringed and does not infringe on any Intellectual Property or any other proprietary rights of any Person, including but not
limited to the rights of privacy or publicity; (B) to the Knowledge of the Company, no Person is infringing, violating or misappropriating
any Business Intellectual Property; (C) the Company has not taken any action, or failed to take any action, during prosecution of any
application that could reasonably be expected to result in the invalidation or unenforceability of any registered Business Intellectual
Property; (D) the Company is not currently a party to any pending suit, claiming any alleged infringement or misappropriation of any
Business Intellectual Property; (E) the Company has not received within the prior three (3) years any written notice, and is not currently
a party to any pending suit, claiming any alleged infringement or misappropriation of the Intellectual Property rights of other Persons
with respect to its or their use of Intellectual Property or the Products; (F) the Company has not entered into any Contract that includes
a forbearance to sue or settlement Contract with respect to any Intellectual Property and (G) the Company has not received any written
notice of any claim within the prior three (3) years, and is not currently a party to any pending suit, which challenges the validity
or enforceability of, the Company’s ownership of or right to use, any Intellectual Property (excluding, for clarity, office actions)
or the Products. The Company has secured, and has in place a policy to secure, valid written confidentiality Contracts and assignments
of Intellectual Property from all consultants, contractors, Employees and customers who contribute or have contributed to the creation,
conception, reduction to practice or other development of any Intellectual Property developed on behalf of Company.

 

(v)
No Product provided or distributed by the Company in its conduct of the Business: (A) violates any material Law; (B) includes any information
or material that, to the Knowledge of the Company, is defamatory; or (C) infringes any right of privacy of any Person. Each Person whose
name, image, voice or likeness is incorporated into any Marketing Materials has executed a written release consenting to the Company’s
use of such Person’s name, image, voice and/or likeness (as applicable) and releasing the Company from any claims with respect
thereto (a “Release”), each of such Releases are fully assignable to Buyer without further consent of any Person.

 

(vi)
The Company has operated the Business and provided all Products in compliance with any posted privacy policies and all applicable Laws
relating to privacy, data protection, anti-spam, telemarketing, personally identifiable information and similar consumer protection Laws
(“Information Privacy Laws”). The Company has not received written notice of any claims or been charged with
violation of any Information Privacy Law. To the Knowledge of Company, the Company is not under investigation with respect to any violation
of any Information Privacy Laws.

 

(m)
Compliance with Law. Except as identified in the Disclosure Schedule, the manufacture and sale of the Products and the operation
of the Business has been conducted in material compliance with all applicable material Laws and other requirements of all courts and
other governmental or regulatory authorities having jurisdiction over the Company and its assets, properties and operations. Except as
set forth in the Disclosure Schedule, the Company has not received notice of any violation (or possible violation) of any such Law or
other legal requirement, and the Company is not in default with respect to any order, writ, judgment, award, injunction or decree of
any federal, state or local court or Governmental Entity or regulatory authority, applicable to the Company, the Business, the Products
or the Shares. Without limiting the foregoing, the Company has not received any warning letter or untitled letter, report of inspectional
observations, including FDA Form 483s, establishment inspection reports, notices of violation, clinical holds, enforcement notices or
other documents from the FDA or any other similar Governmental entity or any institutional review board or independent ethics committee
alleging a lack of material compliance by Company with any Laws. The Company holds all Permits required for the conduct of the Business
and the ownership of its properties except where the absence thereof would not result in a Material Adverse Effect. No written notices
have been received by the Company alleging the failure to hold any Permit. The Company is in material compliance with all terms and conditions
of all such Permits. All of such Permits shall be available for use by Buyer immediately after the Closing. Without limiting the foregoing,
the Company has not received any warning letter or untitled letter, report of inspectional observations, establishment inspection reports,
notices of violation, clinical holds, enforcement notices or other documents from any Governmental Entity or any institutional review
board or independent ethics committee alleging a lack of material compliance by Company with any Laws. No “bulk sales” or
similar Law applies to the transactions contemplated by this Agreement.

 

(n)
Litigation. Except as set forth on Schedule 4(n), there are no claims, Actions, suits, proceedings, complaints or investigations
pending or, to the Knowledge of Company, threatened before any federal, state, provincial, court or governmental or regulatory authority,
domestic or foreign, or before any arbitrator of any nature, brought by or against the Company or any of its officers, directors, employees,
agents or Affiliates, or the Sellers, involving, affecting or relating to the Company, the Business, the Products, the Shares, or the
transactions contemplated by the Transaction Documents.

 

    	 

    	 

    

 

(o)
Brokers. Except for Creo Capital Advisors LLC, who was hired by the Company, no broker, finder, or investment banker is entitled
to any brokerage, finder’s, or other fee or commission in connection with the transactions contemplated by this Agreement based
upon arrangements made by or on behalf of the Company.

 

(p)
Insurance. The Company is currently insured by insurers unaffiliated with the Company with respect to its properties, assets and
operation of the Business in such amounts and against such risks which to the Knowledge of Company are appropriate and customary for
the type of business conducted by the Company with customary deductibles and retained amounts. In addition, the Company has maintained
comparable insurance for all prior periods. With respect to each insurance policy held by the Company (the “Insurance Policies”)
(i) to the Knowledge of Company such Insurance Policy is legal, valid, binding and in full force and effect; (ii) the Company is not
in default under such Insurance Policy; and (iii) the Company has delivered a true and correct copy of such Insurance Policy to Buyer.
There are no claims by the Company pending under any such Insurance Policies and the Company has not been informed that coverage has
been questioned, denied or disputed by the underwriters of such Insurance Policies with respect to any such claims.

 

(q)
Employment Matters.

 

(i)
The Disclosure Schedule identifies all of the Employees as of the date hereof, including for each such Employee: name, job title, FLSA
classification, work location (identified by street address), current compensation paid or payable, all wage and fringe benefit arrangements.
Except as set forth on the Disclosure Schedule, each Employee is employed by the Company at will and may be terminated by the Company
without cause on thirty (30) days or less notice without penalty or severance. To the Knowledge of Company, no Employee is a party to,
or is otherwise bound by, any Contract or arrangement, including any confidentiality or non-competition Contract, that in any way adversely
affects or restricts the performance of such Employee’s duties. Each current Employee has executed a nondisclosure and assignment-of-rights
Contract for the benefit of the Company vesting all rights in work product created by the Employee, during the Employee’s employment
or affiliation with the Company, in the Company. To the Knowledge of Company and except as set forth in the Disclosure Schedule, no Employee
intends to terminate his or her employment with the Company. In accordance with its normal payroll policies the Company has paid all
salaries, bonuses, commissions, wages, and severance that are owed to the Employees as of the Closing and maintained adequate reserves,
as reflected in the Financial Statements, for all salaries, bonuses, commissions, wages, and severance not yet due and payable as of
the Closing. The Company is in compliance, in all material respects, with all Laws governing the employment of labor.

 

(ii)
Except as identified in the Disclosure Schedule, to the Knowledge of Company, each Employee is (i) a United States citizen, (ii) a lawful
permanent resident of the United States, or (iii) an alien authorized to work in the United States either specifically for the Company
or for any United States employer. The Company is in compliance in all material respects with applicable Law, has completed a Form I-9
(Employment Eligibility Verification) for each Employee and each such Form I-9 has since been updated as required by applicable Law and,
to the Knowledge of the Company, is correct and complete as of the date hereof.

 

    	 

    	 

    

 

(iii)
The Company is in compliance, in all material respects, with all Laws governing the employment of labor, including but not limited to,
all such Laws relating to wages, hours, leaves of absence, affirmative action, collective bargaining, discrimination, civil rights, safety
and health, workers’ compensation and the collection and payment of withholding and/or Social Security Taxes and similar Taxes,
including, but not limited to, the Age Discrimination in Employment Act, as amended, Title VII of the Civil Rights Act of 1964, as amended,
the Civil Rights Act of 1991, the Employee Retirement Income Security Act, the Fair Labor Standards Act (29 U.S.C. 201, et seq.) (“FLSA”),
the Americans with Disabilities Act, the Sarbanes-Oxley Act of 2002, the Worker Adjustment and Retraining Notification Act, as amended,
the Occupational Safety and Health Act, as amended, the Family and Medical Leave Act (29 U.S.C. 2601, et seq.), as amended, the National
Labor Relations Act of 1935, as amended, Executive Order 11246 and any other executive orders or regulations governing affirmative action,
EEO and VETS-100 reporting obligations, the Immigration Nationality Act (8 U.S.C. 1324a, et seq.), as amended, and all similar applicable
Laws (collectively the “Labor Laws”). The Company has, during the five (5) year period prior to the date hereof,
conducted the Business in material compliance with all applicable Labor Laws. The Company has withheld all amounts required by Law or
Contract to be withheld from the wages or salaries of its Employees and is not liable for the payment of any arrears of wages or other
Taxes, penalties, fines or other compensation of any kind, however designated, for failure to comply with any of the foregoing. The Company
has maintained adequate and suitable records regarding the service of each Employee including records of working time, where available.
Each Employee of the Company has been properly classified as “exempt” or “non-exempt” under the FLSA and all
other applicable Laws. The Company is not, and in the last three (3) years has not been, a government contractor.

 

(iv)
The Company has not at any time during the last three (3) years had, nor to the Knowledge of Company is there now threatened, any walkout,
strike, union activity, picketing, work stoppage, work slowdown, any effort to organize or any other similar occurrence or any attempt
to organize or represent the labor force of the Company. There are no controversies pending or overtly threatened between the Company,
on the one hand, and any of its Employees (or former Employees) or any labor union or other collective bargaining unit representing or
purporting to represent any of its Employees, on the other hand. The Company is not a party to, bound by, or subject to any collective
bargaining agreement or other Contract, written or oral, with any union representing or purporting to represent the Company’s Employees.
No union or other collective bargaining unit or Employee organizing entity has been certified or recognized by Seller as representing
any of its Employees.

 

(v)
No investigation, review, complaint or proceeding by any Government entity or Employee or former Employee with respect to the Company
in relation to any actual or alleged violation of any Labor Laws is pending or, to the Knowledge of Company, threatened, nor has the
Company or Seller received any notice from any Government entity indicating an intention to conduct the same.

 

(vi)
Within the past five (5) years, the Company has not implemented any mass layoff, plant closing, or other termination of employees that
could implicate the Worker Adjustment and Retraining Notification Act (WARN Act) or any similar state or local Law.

 

(vii)
The Company has identified in the Disclosure Schedule and provided to Buyer all employment, change in control, severance, retention,
termination, non-competition, non-solicitation and other similar Contracts, arrangements or policies, whether written or oral, between
Seller and any individual other than at-will employment arrangements but including all Contracts, arrangements or policies that affect
at-will Employees. The Company is in material compliance with its obligations under all such Contracts.

 

(r)
Contractor Matters. The Company has identified in the Disclosure Schedule the name and contact information of each independent
contractor, consultant, freelancer or other service provider (i) utilized by the Company as of the date hereof or (ii) utilized by the
Company relating to the development, modification or creation of any proprietary formulas for the Products within the three (3) years
immediately preceding such date (collectively, “Contractors”). A copy of each Contract relating to the services
any Contractor provides or provided to the Business has been made available to the Buyer. To the Knowledge of Company, no Contractor
used by the Company is a party to, or is otherwise bound by, any Contract or arrangement with any third party, including any confidentiality
or non-competition Contract, that in any way adversely affects or restricts the performance of such Contractor’s duties for Seller.
Each Contractor ever retained by the Company to create, modify or develop with respect to the proprietary formulas for the Products has
executed a nondisclosure and assignment-of-rights Contract for the benefit of the Company and the Company is the owner of all rights
in and to all Intellectual Property created by such Contractor in performing services for the Company vesting all rights in work product
created in the Company. All individuals who have been treated by the Company as independent contractors in the five (5) years immediately
preceding the date hereof were, to the Knowledge of Company, correctly classified as such for purposes of the Code and all other applicable
Laws.

 

    	 

    	 

    

 

(s)
Employee Benefits.

 

(i)
The Disclosure Schedule lists all Employee Benefit Plans maintained or contributed to by the Company or under which the Company has or
could have any obligations (other than obligations to make current wage or salary payments or sales commissions terminable on notice
of thirty (30) days or less) or liabilities, actual or contingent, whether or not legally binding, in respect of any of the current or
former officers, Employees or independent contractors of the Company who provided services in respect of the Business or their dependents
or beneficiaries (individually referred to as a “Company Benefit Plan” and collectively referred to as the
“Company Benefit Plans”). The Company has delivered or provided to Buyer true and complete copies of the plan
documents, as they may have been amended through the date hereof, for each company Employee Benefit Plan, as well as, to the extent applicable,
Forms 5500 and actuarial valuations for the last three plan years, plan documents, trust agreements, insurance Contracts, administrative
services agreements, most recent determination letters and other documents required under ERISA.

 

(ii)
Each Company Benefit Plan has been established, maintained and administered in accordance with its terms and in material compliance with
all applicable provisions of (including rules and regulations thereunder) ERISA, the Code and other applicable Law, and neither the Company
nor any “party in interest” or any “disqualified person” with respect to any Company Benefit Plan has engaged
in a “prohibited transaction” within the meaning of Section 4975 of the Code or Section 406 of ERISA with respect to any
Company Benefit Plan. Each Company Benefit Plan that is intended to be qualified within the meaning of Section 401(a) of the Code has
received a favorable determination letter from the Internal Revenue Service (or, if such plan is a prototype or volume submitter plan
document, such prototype or volume submitter plan document has received a favorable opinion from the IRS that the form meets the tax
qualification requirements) to the effect that such Company Benefit Plan satisfies the requirements of Section 401(a) of the Code and
that its related trust is exempt from taxation under Section 501(a) of the Code and there are no facts or circumstances that could reasonably
be expected to cause the loss of such qualification or the imposition of Liability, penalty or Tax under ERISA, the Code or other applicable
Laws (including the rules and regulations under any of them).

 

(iii)
No Company Benefit Plan is, and neither the Company nor any of its ERISA Affiliates has ever sponsored an Employee Benefit Plan that
is or was, subject to Title IV of ERISA. No Company Benefit Plan is, and neither the Company nor any of its ERISA Affiliates has ever
contributed, or been obligated to contribute, to any “multiemployer plan” (within the meaning of Sections 3(37) or 4001(a)(3)
of ERISA) under Subtitle E of ERISA.

 

(iv)
The Disclosure Schedule identifies each Company Benefit Plan that is a “non-qualified deferred compensation plan”, within
the meaning of Section 409A of the Code (each, a “Section 409A Plan”), and identifies each Section 409A Plan
in connection with which the Company or it successors may have Liability with respect to Employees, Contractors or directors. No such
plan has assets set aside directly or indirectly in the manner described in Section 409A(b)(1) of the Code or contains a provision that
would be subject to Section 409A(b)(2) of the Code. Each Section 409A Plan (i) was, since the date of the inception of such Company Benefit
Plan, (or since January 1, 2005, if later) administered in good faith compliance with the requirements of Section 409A of the Code and
applicable guidance issued thereunder, (ii) has been, since the date of inception of such Company Benefit Plan (or since January 1, 2005,
if later), administered in compliance, in all material respects, with the requirements of Section 409A of the Code and the final regulations
issued and outstanding thereunder. In the event of an audit by the IRS of either the Company or any individual participating in such
Company Benefit Plan, the additional Tax described in Section 409A(a)(1)(B) would not be assessed against any such participant with respect
to benefits due or accruing under such Company Benefit Plan.

 

(v)
Except as identified in the Disclosure Schedule, neither the execution and delivery of this Agreement nor the consummation of the transactions
contemplated hereby will (either alone or in combination with another event): (i) result in any payment becoming due, or increase the
amount of any compensation due, to any Employee; (ii) increase any benefits otherwise payable under any Company Benefit Plan; or (iii)
result in the acceleration of the time of payment or vesting of any such compensation or benefits.

 

(vi)
The Company does not currently sponsor any Company Benefit Plan that is intended to be qualified within the meaning of Section 401(a)
of the Code, including but not limited to any 401(k) plan. Company Employees are currently able to participate in a 401(k) plan sponsored
by a professional employer organization (TriNet Group, Inc., or one of its affiliates), subject to the terms of such plan.

 

    	 

    	 

    

 

(t)
Environmental and Safety Matters. The Company has complied in all material respects and is in material compliance with all Environmental
Laws, including but not limited to all Permits required by Environmental Laws for the conduct of the business operations of the Company
and the disposition of all hazardous materials in accordance with all applicable Environmental Laws. The Company has not received any
outstanding and unresolved written or oral notices, reports or other information regarding any actual or alleged violation of Environmental
Laws by the Company, or any Liabilities or potential Liabilities, including any remedial obligations, relating to any of them or their
facilities arising under Environmental Laws. The Company is not a potentially responsible party under the federal Comprehensive Environmental
Response, Compensation, and Liability Act of 1980, as amended, or any analogous state, local or foreign applicable Laws arising out of
events occurring prior to the Closing Date. To the Knowledge of Company, no facts, events or conditions relating to the past or present
facilities, properties or operations of the Company, or any geologically or hydrologically adjoining properties, shall prevent, hinder
or limit the Company’s continued compliance with Environmental Laws, give rise to any remedial obligations of the Company pursuant
to Environmental Laws, or give rise to any other Liabilities of the Company pursuant to Environmental Laws, including, without limitation,
any relating to onsite or offsite releases or threatened releases of hazardous materials, personal injury, property damage or natural
resources damage. To the Knowledge of Company, there have not been in the past and are not now any underground tanks or underground improvements,
including treatment or storage tanks, sumps, or water, gas or oil wells; polychlorinated biphenyls; or asbestos or asbestos-containing
materials at, on or under any of the Leased Real Property. The Company has delivered to Buyer true and complete copies and results of
any reports, studies, analyses, tests, or monitoring possessed or initiated by the Company pertaining to hazardous materials in, on,
under, or migrating to or from any of the Leased Real Property, or concerning compliance by the Company, or any other Person for whose
conduct the Company is or may be held responsible, under Environmental Law.

 

(u)
Real Property. The Disclosure Schedule identifies the address of each leased real property of the Company (the “Leased
Real Property”). Seller has provided to Buyer a true and complete copy of all leases and subleases (including all amendments,
extensions, renewals, Guarantees and other Contracts with respect thereto) for each such Leased Real Property (the “Leases”),
and in the case of any oral Lease, a written summary of the material terms of such Lease. With respect to each of the Leases except as
disclosed pursuant to the Disclosure Schedule: (i) to the Knowledge of Company, such Lease is legal, valid, binding, enforceable and
in full force and effect; (ii) the transactions set forth in this Agreement do not require the consent of any other Person to such Lease,
or such consent has been obtained, shall not result in a breach of or default under such Lease, or otherwise cause such Lease to cease
to be legal, valid, binding, enforceable and in full force and effect on identical terms following the Closing; (iii) Seller’s
possession and quiet enjoyment of the Leased Real Property under such Lease has not been disturbed, and there are no disputes with respect
to such Lease; (iv) the Company, and any other party to the Lease, is not in breach or default under such Lease, and no event has occurred
or circumstance exists which, with the delivery of notice, the passage of time or both, would constitute such a breach or default, or
permit the termination, modification or acceleration of rent under such Lease; (v) no security deposit or portion thereof deposited with
respect to such Lease has been applied in respect of a breach or default under such Lease which has not been redeposited in full; (vi)
the Company does not owe, or shall owe in the future, any brokerage commissions or finder’s fees with respect to such Lease; (vii)
the other party to such Lease is not an Affiliate of, and otherwise does not have any economic interest in, the Company; (viii) the Company
has not subleased, licensed or otherwise granted any Person the right to use or occupy such Leased Real Property or any portion thereof;
(ix) the Company has not collaterally assigned or granted any other security interest in such Lease or any interest therein; (x) there
are no Liens on the estate or interest created by such Lease; and (xi) to the Knowledge of Company, all buildings, structures, improvements,
fixtures, building systems and equipment, and all components thereof, included in the applicable Leased Real Property are in good condition
and repair (reasonable wear and tear excepted). The Company does not own any real property, nor has it ever owned any real property.

 

(v)
Affiliate Transactions. Except as identified in the Disclosure Schedule, to the Knowledge of Company, no shareholder, officer,
director, member or Affiliate of a Seller or any individual related by blood, marriage or adoption to any such individual or any entity
in which any such Person or individual owns any beneficial interest, is a party to any Contract or transaction with Seller or has any
interest in any real, tangible or intangible asset or property used by Seller.

 

    	 

    	 

    

 

(w)
Customer and Vendor Relations. The Disclosure Schedule identifies a correct and complete list of the names of the top ten (10)
Customers and Vendors and the amount of net revenues to or purchases from each such Customer or Vendor during the each of the 2013 and
2014 fiscal years and the period ended as of September 30, 2015 (each a “Key Relationship”). The Company maintains
commercially reasonable relations with each of its Key Relationships and no event has occurred that would reasonably be expected to affect
materially and adversely the Company’s relations with any Key Relationship. Except as disclosed pursuant to the Disclosure Schedule,
no Customer or Vendor has during the last twelve (12) months cancelled, terminated, materially decreased the rate of, materially altered
the terms with respect to or, to the Knowledge of Company, made any threat to cancel or otherwise terminate any of its Contracts with
the Company or to decrease its usage or supply of the Company’s services or products, excluding for avoidance of doubt, discrete
projects performed by the Company for Customers, for which the Company’s services terminated solely by virtue of the Company’s
having completed the project to the Customers’ satisfaction. To the Knowledge of Company, except as identified in the Disclosure
Schedule no current Customer or Vendor may terminate or materially alter its business relations with the Company, either as a result
of the transactions contemplated hereby or otherwise.

 

(x)
Product and Service Warranties; Adverse Events. Except as set forth in the Disclosure Schedule, the Company has made no express
warranty or Guarantee to any Customer (or end user of the Company’s goods) as to services or goods provided by the Company. There
is no pending or, to the Knowledge of Company, threatened claim alleging any breach of any warranty or Guarantee. The Company does not
have any Liability under any such a warranty or Guarantee that would reasonably be expected to result in Liability to the Company, individually
or in the aggregate, in excess of $10,000. There have not been any Material Adverse Events with respect to the Products or the Business.

 

(y)
Guaranties. The Company is not a guarantor or otherwise liable for any liability, indebtedness or other obligation of any other
Person.

 

(z)
Disclosure. No representation or warranty by the Company contained in this Agreement, and no statement contained in the Disclosure
Schedules or any other document, certificate or other instrument delivered to or to be delivered by or on behalf of the Company pursuant
to this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state any material fact
necessary, in light of the circumstances under which it was or will be made, in order to make the statements herein or therein not misleading.

 

(aa)
Inventory. All inventory of the Company, whether or not reflected in the Balance Sheet, consists of a quality and quantity usable
and salable in the ordinary course of business consistent with past practice, except for obsolete, damaged, defective or slow-moving
items that have been written off or written down to fair market value or for which adequate reserves have been established. All such
inventory is owned by the Company free and clear of all encumbrances, and no inventory is held on a consignment basis. The quantities
of each item of inventory are not excessive, but are reasonable in the present circumstances of the Company.

 

(bb)
Contracts; Agreements.

 

(i)
Except as disclosed in the Disclosure Schedule, the Company is not a party to or bound by:

 

	 	1.	any
    customer, license, sale, distribution, commission, marketing, agent, franchise, technical assistance or similar Contract relating
    to or providing for the marketing and/or sale of products or services to which the Company is a party or by which it is otherwise
    bound;
	 	 	 
	 	2.	any
    Contract involving the license of any patent, copyright, trade secret or other proprietary right constituting Intellectual Property
    to or from the Company;

 

    	 

    	 

    

 

	 	3.	any
    Contract providing for the development of any software, content (including textual content and visual, photographic or graphics content),
    technology or intellectual property for (or for the benefit or use of) use by the Company, or providing for the purchase by or license
    to (or for the benefit or use of) it of any hardware, software, content (including textual content and visual, photographic or graphics
    content), technology or intellectual property, which hardware, integrated circuits, software, content, technology or intellectual
    property is in any manner used or incorporated (or is contemplated by it to be used or incorporated) in connection with any aspect
    or element of any product or service provided by or technology used by the Company; 
	 	 	 
	 	4.	any
    agreement, contract or commitment relating to the acquisition or disposition of any business (whether by merger, sale of stock, sale
    of assets or otherwise);
	 	 	 
	 	5.	(A)
    any agreement relating to Indebtedness or (B) any mortgages, indentures, loans or credit agreements, security agreements or other
    agreements or instruments relating to indebtedness;
	 	 	 
	 	6.	any
    joint venture or partnership or other similar agreement;
	 	 	 
	 	7.	any
    agreement with any Affiliate of the Company, with any director or officer of the Company, or with any “associate” or
    any member of the “immediate family” (as such terms are respectively defined in Rules 12b-2 and 16a-1 of the 1934 Act)
    of any such director or officer, other than employment, invention assignment and equity-related agreements provided to Buyer;
	 	 	 
	 	8.	any
    employment or consulting agreement, contract or commitment with an employee or individual consultant or salesperson or consulting
    or sales agreement, contract or commitment with a firm or other organization not otherwise disclosed on the Disclosure Schedule or
    not cancellable on thirty (30) days notice or less without penalty;
	 	 	 
	 	9.	any
    agreement or plan, including, without limitation, any stock option plan, stock appreciation rights plan or stock purchase plan, any
    of the benefits of which will be increased, or the vesting of benefits of which will be accelerated, by the occurrence of any of
    the transactions contemplated by this Agreement or the value of any of the benefits of which will be calculated on the basis of any
    of the transactions contemplated by this Agreement not otherwise disclosed on the Disclosure Schedule;
	 	 	 
	 	10.	any
    other oral or written Contract or obligation that individually has a value in excess of $15,000 or is otherwise material to the Company
    or its businesses, operations, financial condition, properties or assets.

 

(ii)
Each agreement, contract, plan, lease, arrangement or commitment required to be disclosed, and which would be required to be disclosed
absent disclosure elsewhere, pursuant to Section 4(bb)(i) above (each, a “Material Contract”) is a valid
and binding agreement the Company and is in full force and effect with respect to the Company and, to the Knowledge of Company, each
other party thereto, and neither the Company, nor to the Knowledge of Company, any other party thereto, is in default or breach in any
material respect under the terms of any such Material Contract, and, to the Knowledge of Company, no event or circumstance has occurred
that, with notice or lapse of time or both, would reasonably be expected to constitute any event of default thereunder. True and complete
copies of each such Material Contract have been provided to Buyer. The Company has fulfilled all material obligations required pursuant
to each Material Contract to have been performed by the Company prior to the date hereof.

 

(iii)
Except in the ordinary course of business, no Person is renegotiating or seeking to renegotiate, or, to the Knowledge of Company, has
a right (absent any default or breach of a Material Contract) pursuant to the terms of any Material Contract to renegotiate, any material
amount paid or payable to the Company under any Material Contract or any other material term or provision of any Material Contract. The
Company has not received any written indication or, to the Knowledge of the Company, verbal indication of an intention to terminate or
renegotiate the terms of any of the Material Contracts by any of the parties to any of the Material Contracts.

 

(cc)
Trust. No representation or warranty by the Trust contained in this Agreement, and no statement contained in the Disclosure Schedules
or any other document, certificate or other instrument delivered to or to be delivered by or on behalf of the Trust pursuant to this
Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state any material fact necessary,
in light of the circumstances under which it was or will be made, in order to make the statements herein or therein not misleading.

 

    	 

    	 

    

 

5.
Representations And Warranties of the Trust. As a material inducement to Buyer to enter into this Agreement and to consummate
the transactions contemplated hereby, the Trust hereby represents and warrants to the Buyer that the statements contained in this Section
5 are true and correct as of the date hereof.

 

(a)
Organization. The Trust is a statutory trust duly organized, validly existing and in good standing under the laws of its jurisdiction
of formation. The Trust has provided to the Buyer duly executed copies of its organizational and governing documents (collectively, the
“Trust Documents”).

 

(b)
Authorization and Validity of Agreement. The Trust has full power and authority to carry out its purpose as now being conducted
or contemplated and is entitled to own, lease, or operate the assets it will own in accordance with this Agreement. No consent, waiver,
approval, order, or authorization of, or registration, declaration, or filing with, any Governmental Entity or other Person is required
to be made or obtained by the Trust in connection with the execution and delivery of this Agreement by the Trust, or the consummation
by the Trust of the transactions contemplated hereby, except for such consents, authorizations, filings, approvals and registrations
that, if not obtained or made, would not have a Material Adverse Effect on the Trust. The Trust has all requisite power and authority
to enter into the Transaction Documents to which it is a party and to carry out its obligations thereunder. The execution and delivery
of the Transaction Documents and the performance of the Trust’s obligations thereunder have been duly authorized by all necessary
trustee action of the Trust, and no other proceedings on the part or in respect of the Trust is necessary to authorize such execution,
delivery and performance. The Transaction Documents to which the Trust is a party have been duly executed by or on behalf of the Trust
and assuming due authorization, execution and delivery by the other parties thereto constitute the valid and binding obligations of,
and enforceable in accordance with their respective terms against, the Trust, except as may be limited by applicable bankruptcy, insolvency,
moratorium or similar laws of general application relating to or affecting creditors’ rights generally and except for the limitations
imposed by general principles of equity.

 

(c)
No Conflict or Violation. The execution, delivery and performance by the Trust of the Transaction Documents to which it is a party
does not and will not (i)(A) conflict with or result in a breach of the terms, conditions, or provisions of, (B) constitute a default
under (whether with or without the passage of time, the giving of notice or both), (C) give any third party the right to modify, terminate
or accelerate any obligation under, (D) result in a violation of, or (E) require any consent, exemption or other action by or notice
or declaration to, or filing with, any third Person or any Government Entity pursuant to (1) any organizational documents of the Trust;
(2) any provision of law, rule or regulation, or any order, judgment or decree of any court or other governmental or regulatory authority;
or (3) any Contract, security agreement, trust indenture or other agreement or instrument to which the Trust is a party or by which the
Trust is bound or to which any of the Trust’s properties or assets is subject; (ii) result in the creation of any Lien or Tax upon
the equity or assets of Trust; or (iii) otherwise interfere in any material manner with the Business.

 

(d)
Governing Documents. The Trust Documents provide that the Equity Consideration will be held by the Trust and not distributed to
the Sellers for a period of three (3) years from the Closing. The allocation scheme in the Trust documents for disbursement and distribution
of the Purchase Consideration is identical in all respects to the current Certificate of Incorporation of the Company, as amended, such
that all Sellers will receive the identical portion of the Purchase Consideration as would have been received had he Buyer paid the Purchase
Consideration directly to the Sellers, after adjust for any expenses of the Trust and indemnification claims by Buyer.

 

(e)
Assets. The assets held by the Trust, until such time as no further Royalty Consideration is due, will consist solely of the Purchase
Consideration and remain free and clear of all Encumbrances.

 

(f)
Legal Proceedings. There are no actions, suits, claims, investigations or other legal proceedings pending or, to the Trust’s
knowledge, threatened against or by the Trust that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated
by this Agreement.

 

    	 

    	 

    

 

(g)
Status of Trust and Its Beneficiaries. (i) The Trust and its beneficiaries have had an opportunity to discuss the business, management
and financial affairs of Buyer, have had access to, the management of Buyer, and have had the opportunity to review the information set
forth in Buyer’s public filings and any other information requested by the Trust or any beneficiary, (ii) Buyer will be relying
upon the Trust’s representations and warranties set forth herein in offering the Equity Consideration to it in its own right and
for the benefit of Sellers, and (iii) the Trust and its beneficiaries recognize that ownership of the Equity Consideration involves substantial
risks, including a risk of total loss of the value of the Equity Consideration, and have taken full cognizance of and understand all
of the risk factors related to the ownership of the Equity Consideration; (iv) the Trust and its beneficiaries have an adequate net worth
and means of providing for its current needs and possible contingencies to sustain a complete loss in the Equity Consideration; and (v)
the Trust and its beneficiaries are able to receive the Equity Consideration by virtue of an exemption to the 1933 Act.

 

(h)
Acquisition for Sellers’ Account. This Agreement is made with the Trust in reliance upon the Trust’s representations
to Buyer, that the Equity Consideration to be issued to and held by the Trust for the benefit of the Sellers (in accordance with the
terms of the Trust), was acquired for investment, and not with a view to the sale or distribution of any part thereof other than as permitted
under the 1933 Act and that the Trust has no present intention of selling, granting participation in, or otherwise distributing the same
other than what is permitted under the 1933 Act. Except as set forth in the Trust Documents, the Trust does not have any contract, undertaking,
agreement, or arrangement with any person to sell, transfer or grant participations to such person, or to any third person, with respect
to the Equity Consideration.

 

(i)
No Intention to Distribute. The Trust and its beneficiaries understand that the Equity Consideration shares have not been registered
under the 1933 Act on the grounds that the sale provided for in this Agreement and the issuance of the Equity Consideration is exempt
from registration under the 1933 Act, and that Buyer’s reliance on such exemption is predicated in part on the representations
set forth herein. The Trust and its beneficiaries realize that the basis for the exemption may not be present if, notwithstanding such
representations, the Trust and its beneficiaries have in mind merely acquiring the Equity Consideration for a fixed or determined period
in the future, or for a market rise, or for sale if the market does not rise. The Trust and its beneficiaries do not have any such intention.

 

(j)
No Registration. The Trust and its beneficiaries understand that the Equity Consideration may not be sold, transferred or otherwise
disposed of without registration under the 1933 Act or an exemption therefrom, and that in the absence of an effective registration statement
covering the shares or an available exemption from registration under the 1933 Act, the Equity Consideration must be held indefinitely.
In particular, the Trust and its beneficiaries are aware that the shares may not be sold pursuant to Rule 144 promulgated under the 1933
Act unless all of the conditions of that Rule are met. Among the conditions for use of Rule 144 may be the availability of current information
to the public about Buyer. The Trust represents that, in the absence of an effective registration statement covering the Equity Consideration
shares, it will not sell, transfer, or otherwise dispose of such shares except in a manner consistent with its representations set forth
herein.

 

(k)
Brokers. Except for Creo Capital Advisors LLC, who was hired by the Company, no broker, finder, or investment banker is entitled
to any brokerage, finder’s, or other fee or commission in connection with the transactions contemplated by this Agreement based
upon arrangements made by or on behalf of Seller.

 

(l)
Disclosure. No representation or warranty by the Trust contained in this Agreement, and no statement contained in the Disclosure
Schedules or any other document, certificate or other instrument delivered to or to be delivered by or on behalf of the Trust pursuant
to this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state any material fact
necessary, in light of the circumstances under which it was or will be made, in order to make the statements herein or therein not misleading.

 

6.
Representations And Warranties of the Buyer. As a material inducement to Buyer to enter into this Agreement and to consummate
the transactions contemplated hereby, Buyer hereby represents and warrants to Sellers and Trust as follows:

 

(a)
Corporate Organization. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State
of Nevada, and has all requisite power and authority and all necessary governmental authority to own, operate or lease the properties
that it purports to own, operate or lease and to carry on its businesses as now conducted. Buyer is duly qualified to do business as
a foreign company, and is in good standing in each jurisdiction where the character of its properties owned, operated or leased or the
nature of its activities makes such qualification necessary. Buyer’s capitalization is sufficient to satisfy is obligation to issue
the Equity Consideration.

 

    	 

    	 

    

 

(b)
Authorization and Validity of Agreement. Buyer has all requisite power and authority to enter into the Transaction Documents and
to carry out its obligations thereunder. The execution and delivery of the Transaction Documents and the performance of Buyer’s
obligations thereunder have been duly authorized by all necessary company action by Buyer, and no other proceedings on the part of Buyer
are necessary to authorize such execution, delivery and performance. Each of the Transaction Documents has been duly executed by Buyer
and, assuming due authorization, execution and delivery by the other parties thereto, constitutes its valid and binding obligation, enforceable
against it in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, moratorium or similar laws of
general application relating to or affecting creditors’ rights generally and except for the limitations imposed by general principles
of equity.

 

(c)
No Conflict or Violation. The execution, delivery and performance by Buyer of the Transaction Documents (i) does not and will
not violate or conflict with any provision of the organizational documents of Buyer; (ii) does not and will not violate any provision
of law, rule or regulation, or any order, judgment or decree of any court or other governmental or regulatory authority; (iii) does not
violate or will not result in a breach of or constitute (with due notice or lapse of time or both) a default under, or give rise to any
acceleration of remedies or any right of termination under, any Contract, lease, sublease, occupancy agreement, loan agreement, mortgage,
security agreement, trust indenture or other agreement or instrument to which Buyer is a party or by which Buyer is bound or to which
any of Buyer’s properties or assets is subject, except for such breaches, defaults and accelerations as would not have a Material
Adverse Effect on the ability of Buyer to consummate the transactions contemplated hereby.

 

(d)
Investment Purpose. Buyer is acquiring the Shares solely for its own account for investment purposes and not with a view to, or
for offer or sale in connection with, any distribution thereof. Buyer acknowledges that the Shares are not registered under the Securities
Act of 1933, as amended, or any state securities laws, and that the Shares may not be transferred or sold except pursuant to the registration
provisions of the Securities Act of 1933, as amended or pursuant to an applicable exemption therefrom and subject to state securities
laws and regulations, as applicable.

 

(e)
Litigation. There are no claims, Actions, suits, proceedings, complaints or investigations pending or, to the knowledge of Buyer,
threatened before any federal, state, provincial, court or governmental or regulatory authority, domestic or foreign, or before any arbitrator
of any nature, brought by or against the Buyer or any of its officers, directors, employees, agents or Affiliates, involving, affecting
or relating to the Buyer, its business, the Equity Consideration, or the transactions contemplated by the Transaction Documents. No event
has occurred or circumstances exist that may give rise or serve as a basis for any such Action.

 

(f)
SEC Documents; Financial Statements. (a) Since [December 31, 2012], Buyer has filed with or furnished to the Securities and Exchange
Commission (the “SEC”) all reports, schedules, forms, statements and other documents required to be so filed
or furnished (the “Buyer SEC Documents”). All of the Buyer SEC Documents (other than preliminary material),
as of their respective filing dates, complied as to form in all material respects with all applicable requirements of the Securities
Act and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and, in each case, the rules and
regulations promulgated thereunder applicable to such the Buyer SEC Documents. None of the Buyer SEC Documents at the time of filing
contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein or necessary in
order to make the statements therein, in light of the circumstances under which they were made, not misleading, except to the extent
such statements have been modified or superseded by later Buyer SEC Documents. As of their respective dates, the consolidated financial
statements of Buyer included in the Buyer SEC Documents complied as to form in all material respects with applicable accounting requirements
and the published rules and regulations of the SEC with respect thereto, have been prepared in accordance with GAAP (except, in the case
of unaudited statements, as permitted by Form 10-Q of the SEC) applied on a consistent basis during the periods involved (except as may
be indicated in the notes thereto) and fairly presented in all material respects in accordance with the applicable requirements of GAAP,
the financial position of Buyer as of the dates thereof and the results of operations and cash flows for the periods then ended (subject,
in the case of unaudited statements, to notes and to normal and recurring year-end audit adjustments). There are no outstanding or unresolved
comments from the SEC with respect to any of the Buyer SEC Documents. Buyer and its subsidiaries maintain systems of “internal
control over financial reporting” (as defined in Rule 13a-15(f) of the Exchange Act) that comply in all material respects with
the requirements of the Exchange Act. No stop order suspending the sale of the Buyer’s securities in any jurisdiction has been
issued within the previous year, and no investigation or proceeding for that purpose has been commenced or is pending or threatened.

 

    	 

    	 

    

 

(g)
Disclosure. No representation or warranty by the Buyer contained in this Agreement, and no statement contained in the Buyer SEC
Documents or any other document, certificate or other instrument delivered to or to be delivered by or on behalf of the Buyer pursuant
to this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state any material fact
necessary, in light of the circumstances under which it was or will be made, in order to make the statements herein or therein not misleading.

 

7.
Post Closing Covenants.

 

(a)
Noncompetition, Nonsolicitation and Nondisparagement.

 

(i)
Noncompetition. Eisenberg acknowledge that (i) Buyer would not have entered into this Agreement but for the agreements and covenants
contained in this Section 7; and (ii) the agreements and covenants contained in this Section 7 are essential to protect
the Business and are reasonable and appropriate in scope; (iii) the Business is national in scope, and as such the “Territory”
for purposes of this Section 7 is the United States of America; and (iv) the business of Buyer is worldwide in time, territory,
scope and all other respects. To induce Buyer to enter into this Agreement, Eisenberg covenants and agrees that during the period commencing
on the Closing Date and ending on the third (3rd) anniversary of the Closing Date (the “Restricted Period”),
Eisenberg shall not (A) engage in any business or activity that competes with the Business in the Territory; (B) render any services
to any Person for use in competing with Company in the Territory in connection with the Business; (C) have an interest in any Person
engaged in any business that competes with Buyer in the Territory in connection with the Business, directly or indirectly, in any capacity,
including, without limitation, as a shareholder, officer, director, principal, agent, trustee or consultant or any other relationship
or capacity; or (D) interfere with business relationships (whether formed heretofore or hereafter) between Company and customers, suppliers
or prospects of the Business; provided, however, Eisenberg may own, directly or indirectly, solely as an investment, securities
of any Person which are publicly traded if Eisenberg (I) is not a controlling Person of, or a member of a group which controls, such
Person; and (II) does not, directly or indirectly, own two percent (2%) or more of any class of securities of such Person.

 

(ii)
Employees of the Business. During the Restricted Period, Eisenberg shall not, directly or indirectly, solicit or encourage any
Employee or consultant performing services in connection with the Business to leave the employment or retention of the Company.

 

(iii)
Customers of the Business. During the Restricted Period, Eisenberg shall not, directly or indirectly, (i) persuade or attempt
to persuade any customer, prospective customer, client, prospective client, supplier or vendor of Company not to hire or do business
with Company or any successor thereto; or (ii) solicit for himself or any Person other than Company, the business of any Person who is
a customer, client, supplier or vendor of Company, or was its customer or supplier within one (1) year prior to the time of such solicitation
to the extent that such business is similar to the business conducted by such customer or supplier with Company.

 

(iv)
Confidential Information. From and after the Closing, Eisenberg shall keep secret and retain in strictest confidence, and shall
not use for the benefit of himself or others, all confidential matters relating to the Business, the Buyer or Company, including, but
not limited to, “know how”, trade secrets, customer lists, supplier lists, details of consultant and employment Contracts,
pricing policies, operational methods, marketing plans or strategies, product development techniques or plans, business acquisition plans,
technical processes, designs and design projects, processes, inventions, software, source codes, object codes, systems documentation
and research projects and other business affairs (“Confidential Information”), and shall not disclose them
to anyone outside of Buyer and its Affiliates (including Company); provided, however, this covenant shall not apply to
any information which is or becomes generally available to the public other than as a result of an improper disclosure by Eisenberg.
Eisenberg may disclose Confidential Information if required to do so in any legally required government or securities filings, legal
proceedings, subpoena, civil investigative demand or other similar process; provided, that the Eisenberg (i) provides Buyer with
prompt notice of such required disclosure so that Buyer may attempt to obtain a protective order, (ii) cooperates with Buyer, at Buyer’s
expense, in obtaining such protective order, and (iii) only discloses that Confidential Information which it is absolutely required to
disclose as advised by counsel.

 

    	 

    	 

    

 

(v)
Nondisparagement. After the Closing Date, Eisenberg will not disparage Buyer, any of Buyer’s Affiliates (including Company)
or any of such parties’ shareholders, directors, officers, employees or agents.

 

(vi)
Tolling of Covenant Periods. The Restricted Period provided in this Section 7 shall not include and shall be extended beyond,
any time during which Eisenberg is failing to comply with any provision of this Section 7, as finally determined by a court of
competent jurisdiction or arbitrator, with respect to such Party.

 

(vii)
Blue Penciling. If any term or other provision of this Section 7 is invalid, illegal, or incapable of being enforced by
any rule of Law or public policy, all other conditions and provisions of this Section 7 shall nevertheless remain in full force
and effect. Upon determination that any term or other provision is invalid, illegal, or incapable of being enforced, Eisenberg and Buyer
shall negotiate in good faith to, or the arbitrator making such a determination shall, modify this Section 7 so as to effect the
original intent of Eisenberg and Buyer as closely as possible to the maximum extent allowed by Law to the end that the transactions contemplated
hereby are fulfilled to the extent possible.

 

(b)
Employees. Buyer agrees to offer, or cause the Company to offer, continued employment, on an “at will” basis to all
the Employees as of the Closing, including all management Employees, and if any such Employee accepts such offer of employment, he or
she shall become an employee of Buyer or Company, as applicable, after the Closing Date (such Employees are referred to hereinafter as
the “Retained Employees”). Retained Employees shall be credited for past service toward all benefits offered
by Buyer or Company for purposes of determining eligibility and benefit accrual.

 

(c)
Securities Law Compliance. The Trust agrees that it will not transfer or dispose of any of the Equity Consideration other than
pursuant to an effective registration statement under the Securities Act or a Rule 144 sale in compliance with the terms of such Rule
or pursuant to an exemption from the 1933 Act. Buyer shall file and maintain such additional Buyer SEC Documents as may be necessary
such that the representations and warranties set forth in Section 6(f) continue to remain true for all periods that the Equity
Consideration is held by the Trust or Sellers, and Buyer shall cooperate with the Trust (and any Seller receiving a distribution of the
any Equity Consideration) and any applicable transfer agent, in the removal of any legend on the shares constituting the Equity Consideration
to permit the trade or liquidation thereof in the marketplace as permitted under Rule 144 (as promulgated under the Securities Act and
in effect as of the applicable time), if requested by the Trust or applicable Seller.

 

(d)
Trust Operation. From and after the Closing, all undertakings and actions of the Trust will carried out as set forth in this Agreement
and the Trust Documents.

 

(e)
Return of Trust Property by Sellers. In the event the Trust distributes the assets of the Trust to the Sellers in violation of
this Agreement or the Trust Documents, each Seller covenants to promptly return such assets to the Trust.

 

(f)
Product Sales Information. Within thirty (30) days after the end of each calendar quarter, Buyer will furnish to Trust, a complete
and accurate written statement in a form reasonably acceptable to Trust, certified by Buyer’s authorized financial officer, showing
the total number of Products (the volume and sales of each Product expressed in dollars, volume, and SKUs) sold and distributed by Buyer
during the preceding calendar quarter. Buyer will keep at a location within the continental United States, reasonably detailed, complete
and accurate books of account and records covering all transactions relating to the Products. Upon at least five (5) Business Days prior
notice to Buyer, Trust and/or its authorized representatives will have the right, during regular business hours, to examine and copy
such books of account and records and all other documents and material in the possession or under the control of Buyer insofar as they
relate to the Products sold in the last two (2) years, in order to determine the accuracy of the periodic statements delivered or which
should have been delivered by Buyer to Trust as provided above. In the event such examination indicates any under or overpayment of Royalty
Consideration, an appropriate credit or refund will be promptly issued. If any such examination reveals an underpayment of Royalty Consideration,
of more than five percent (5%) of the amount paid by Buyer, or if such examination is in connection with Buyer’s failure to deliver
any periodic statement or pay any amounts due hereunder, then Buyer will bear all costs and expenses incurred by Trust in connection
with the examination and collection of any such unpaid amounts (including, without limitation, all reasonable attorney’s fees and
expenses). The full amount of any underpayment of Royalty Consideration, and related costs and expenses will be due and payable upon
demand by Trust. All books of account and records of Buyer relating to the Products will be kept available for inspection by or on behalf
of Trust for at least two (2) years after the expiration or termination of the seven-year Royalty Consideration period. All information
received, reviewed and copied by Trust or its representatives in connection with or pursuant to this Section 7(f) shall be kept
confidential and not disclosed to any other Person.

 

    	 

    	 

    

 

(g)
Adoption of Release. By its execution hereof, each of the Sellers hereby agrees that it is bound by the terms of the Release Agreement
attached as Exhibit B, the terms of which are incorporated herein by this reference.

 

8.
Indemnification.

 

(a)
Indemnification with Respect to a Seller’s Breach.

 

(i)
To the extent the assets of the Trust are sufficient but subject to Section 8(f), the Trust shall indemnify and save and hold
the Buyer, any Affiliate of the Buyer and their respective directors, officers, managers, employees, successors, and assigns (the “Buyer
Indemnitees”), harmless from and against any and all damages, claims, demands, obligations, Liabilities, losses, costs,
expenses (including all reasonable attorneys’ fees and expenses of investigation incurred by the Buyer Indemnitees in any Action
or proceeding between a Seller and the Buyer Indemnitees or between the Buyer Indemnitees and any other Person or otherwise), deficiencies,
interests, penalties, impositions, assessments and/ or fines (collectively, “Buyer Losses”), whether or not
in connection with a third-party claim, arising out of, resulting from, or related to (i) a breach of any representation or warranty
made by a Seller in this Agreement or the other Transaction Documents to which a Seller is a party; or (ii) a Seller’s breach of
any covenant made by a Seller in this Agreement or the other Transaction Documents to which such Seller is a party; or (iii) any Liability
relating to common law or statutory dissenter’s rights, appraisal rights, or any similar rights of a Seller arising with respect
to the transactions which are the subject of this Agreement; provided that such indemnification shall not extend to the Covenantors breach
of Section 7(a), or the breach of any employment agreement or the like to which a Seller may be a party.

 

(ii)
To the extent the assets of the Trust are not sufficient to indemnify the Buyer Indemnitees for any Buyer Losses under Section 8(a)(i)
above, but subject to Section 8(f), each Seller shall, severally but not jointly, indemnify and save and hold the Buyer Indemnitees
harmless from and against any and all Buyer Losses whether or not in connection with a third-party claim, arising out of, resulting from,
or related to (i) a breach of any representation or warranty made by such Seller in this Agreement or the other Transaction Documents
to which such Seller is a party; or (ii) such Seller’s breach of any covenant made by a Seller in this Agreement or the other Transaction
Documents to which such Seller is a party; or (iii) any Liability relating to common law or statutory dissenter’s rights, appraisal
rights, or any similar rights of such Seller arising with respect to the transactions which are the subject of this Agreement; provided
that such indemnification shall not extend to Eisenberg’s breach of Section 7(a), or the breach of any employment agreement
or the like to which such Seller may be a party.

 

(b)
Indemnification with Respect to the Company’s Breach.

 

(i)
To the extent the assets of the Trust are sufficient, but subject to Section 8(f), the Trust shall indemnify and save and hold
the Buyer Indemnitees, harmless from and against any and all Buyer Losses, whether or not in connection with a third-party claim, arising
out of, resulting from or related to (i) the Company’s breach of any representation or warranty made by the Company in this Agreement
or the other Transaction Documents to which the Company is a party; or (ii) any Liability relating to common law or statutory dissenter’s
rights, appraisal rights, or any similar rights of a Seller arising with respect to the transactions which are the subject of this Agreement
or of any party other than a Seller claiming to be a shareholder arising with respect to the transactions which are the subject of this
Agreement.

 

(ii)
To the extent the assets of the Trust are not sufficient to indemnify the Buyer Indemnitees for any Buyer Losses under Section 8(b)(i)
above, but subject to Section 8(f), each Seller shall, severally but not jointly, indemnify and save and hold the Buyer Indemnitees
harmless from and against any and all Buyer Losses whether or not in connection with a third-party claim, arising out of, resulting from,
or related to (i) the Company’s breach of any representation or warranty made by the Company in this Agreement or the other Transaction
Documents to which the Company is a party; or (ii) any Liability relating to common law or statutory dissenter’s rights, appraisal
rights, or any similar rights of a Seller arising with respect to the transactions which are the subject of this Agreement or of any
party other than a Seller claiming to be a shareholder arising with respect to the transactions which are the subject of this Agreement.

 

    	 

    	 

    

 

(c)
Indemnification with Respect to the Trust’s Breach. To the extent the assets of the Trust are sufficient, but subject to
Section 8(f), the Trust shall indemnify and save and hold the Buyer Indemnitees, harmless from and against any and all Buyer Losses,
whether or not in connection with a third-party claim, arising out of, resulting from or related to (i) the Trust’s breach of any
representation or warranty made by the Trust in this Agreement or the other Transaction Documents to which the Trust is a party; or (ii)
the Trust’s breach of any covenant made by the Trust in this Agreement or the other Transaction Documents to which the Trust is
a party; or (iii) the Trust’s breach of the Trust Documents.

 

(d)
Indemnification by Buyer. Buyer shall indemnify and save and hold the Sellers, the Trust, any Affiliate of a Seller or the Trust
and their respective directors, officers, managers, trustees, employees, advisors, successors, and assigns (the “Seller Indemnitees”),
harmless from and against any and all damages, claims, demands, obligations, liabilities, losses, costs, expenses (including all reasonable
attorneys’ fees and expenses of investigation incurred by the Seller Indemnitees in any Action or proceeding between the Buyer
and the Seller Indemnitees or between the Seller Indemnitees and any third party or otherwise), deficiencies, interests, penalties, impositions,
assessments and/ or fines (collectively, “Seller Losses”), whether or not in connection with a third-party
claim, arising out of, resulting from or related to (i) Buyer’s breach of any representation or warranty made by Buyer in this
Agreement or the other Transaction Documents to which the Buyer is a party, or (ii) Buyer’s breach of any covenant made by Buyer
in this Agreement or the other Transaction Documents to which the Buyer is a party; or (iii) any Liability relating to common law or
statutory dissenter’s rights, appraisal rights, or any similar rights of a shareholder of Buyer arising with respect to the transactions
which are the subject of this Agreement.

 

(e)
Set-Off by Buyer. Amounts that (i) the Trust and the Buyer agree in writing are due or (ii) upon a final determination by a court
of competent jurisdiction or arbitrator that such amounts are due to the Buyer Indemnities under Sections 8(a) , (b) and
(c) may be satisfied by set-off by the Buyer Indemnities, at their sole election, against any Royalty Consideration then due or
to become due in the future.

 

(f)
Limitations. The indemnification provided for in Sections 8(a), (b) and (c) shall be subject to the following
limitations and provisions:

 

(i)
The Trust and the Sellers shall not be liable to the Buyer Indemnitees for indemnification (other than with respect to a claim for indemnification
based upon, arising out of, with respect to, or by reason of any inaccuracy in or breach of a Fundamental Representation or fraud) until
the aggregate amount of Buyer Losses in respect of indemnification exceeds $50,000 (the “Basket”), in which
event Trust and the Sellers, as applicable, shall be required to pay or be liable for the Buyer Losses in excess of the Basket in accordance
with this Section 8;

 

(ii)
The Trust and the Sellers shall not be liable to the Buyer Indemnitees for indemnification (other than with respect to a claim for indemnification
based upon, arising out of, with respect to or by reason of any inaccuracy in or breach of a Fundamental Representation or fraud) for
any Buyer Losses that, in the aggregate, are in excess of fifty percent (50%) of the Purchase Consideration.

 

(iii)
The Trust shall not be liable to the Buyer Indemnitees for indemnification (other than with respect to a claim for indemnification based
upon, arising out of, with respect to, or by reason of fraud) for any Buyer Losses that, in the aggregate, are in excess of the Purchase
Consideration.

 

(iv)
Each Seller shall not be liable to the Buyer Indemnitees for indemnification (other than with respect to a claim for indemnification
based upon, arising out of, with respect to, or by reason of fraud) for any Buyer Losses that, in the aggregate, are in excess of the
Purchase Consideration received by such Seller through distributions from the Trust.

 

    	 

    	 

    

 

(v)
All claims for indemnification shall be paid either from the Equity Consideration or the set-off in Section 8(e), if elected by
Buyer, unless the Trust elects to pay such claim in cash. For purposes of the foregoing each share of Equity Consideration will be valued
at the greater of $0.85, or its Fair Market Value on the date the claim is paid. For purposes hereof, the Fair Market Value means, as
of any particular date, (A) the volume weighted average of the closing sales prices of a security of the type that comprises the Equity
Consideration for such day on all domestic securities exchanges on which such security may at the time be listed, (B) if there have been
no sales of such security on any such exchange on any such day, the average of the highest bid and lowest asked prices for such security
on all such exchanges at the end of such day, (C) if on any such day such security is not listed on a domestic securities exchange, the
closing sales price of such security as quoted on the Financial Industry Regulatory Authority OTC Bulletin Board electronic inter-dealer
quotation system (the “OTC Bulletin Board”), the OTC Markets Group Inc. electronic inter-dealer quotation system,
including OTCQX, OTCQB and OTC Pink (the “Pink OTC Markets”) or similar quotation system or association for
such day or (D) if there have been no sales of such security on the OTC Bulletin Board, the Pink OTC Markets or similar quotation system
or association on such day, the average of the highest bid and lowest asked prices for such security quoted on the OTC Bulletin Board,
the Pink OTC Markets or similar quotation system or association at the end of such day; in each case, averaged over twenty (20) consecutive
Business Days ending on the Business Day immediately prior to the day as of which “Fair Market Value” is being determined,
and (ii) “Business Day” means any day, except a Saturday, Sunday or legal holiday, on which banking institutions
in the city of New York, New York, are authorized or obligated by law or executive order to close; provided, that if such security is
listed on any domestic securities exchange, the term “Business Day” as used herein means Business Days on which
such exchange is open for trading. If at any time a security is not listed on any domestic securities exchange or quoted on the OTC Bulletin
Board, the Pink OTC Markets or similar quotation system or association, the market value of such security shall be the fair market value
per share as determined by mutual agreement of the Trust and Buyer; provided, that if the Trust and Buyer are unable to agree on the
market value per share of such security within 14 calendar days, such market value shall be determined by a nationally recognized investment
banking, accounting or valuation firm jointly selected by the Trust from a list of at least three (3) provided by the Buyer. The determination
of such firm shall be final and conclusive, and the fees and expenses of such valuation firm shall be borne by the Party whose proposed
valuation is furthest from that reach by the firm.

 

(vi)
Prior to or contemporaneously with, and as a condition to, pursuing any claim for indemnification for Buyer Losses under this Section
8 against any Seller or the Trust, a Buyer Indemnitee shall assert and pursue a claim for recovery under any policy of insurance
that provides coverage for such Buyer Losses. Any recovery by a Buyer Indemnitee under such policy of insurance shall offset and reduce
the amount of Buyer Losses for which the Trust or any Seller must indemnify the Buyer Indemnitee under this Section 8. To the
extent any Seller or the Trust pays a Buyer Indemnitee for any Buyer Losses or Buyer exercises its right of set-off under Section
8(e) and the Buyer Indemnitee also recovers under a policy of insurance for such Buyer Losses, the Buyer Indemnitee shall promptly
pay to the Trust or such Seller, as applicable, the amount (if any) by which the total recovery by Buyer Indemnitee exceeds the amount
of such Buyer Losses.

 

(vii)
To the extent such Buyer Losses arise from or were caused by acts or omissions by any of the Buyer Indemnitees after the Closing. For
purposes of clarity, the limitation of this Section 8(f)(vii) shall not apply to any products liability claims relating to inventory
of the Products existing as of the Closing and sold by the Company following the Closing in the ordinary course of business and consistent
with past practices.

 

(g)
Survival. All representations, warranties, covenants and obligations contained in this Agreement and the other Transaction Documents
shall survive the Closing for eighteen (18) months, except that: (i) all covenants and agreements which by their terms contemplate performance
after the Closing shall survive the Closing indefinitely, unless specified otherwise by their terms; (ii) for breaches of Sections
4(j) or 4(s), the survival shall be the applicable statute of limitations; (iii) for breaches of any Fundamental Representations,
the survival period shall be indefinite; and (iv) for breaches based upon, arising out of, with respect to, or by reason of fraud, the
survival period shall be the applicable statute of limitations. Notwithstanding the above, any claim for indemnification made in accordance
with this Section 8 prior to the expiration of the applicable indemnification period set forth in this paragraph shall survive
until such matter is resolved.

 

(h)
Exclusive Remedy. The indemnification afforded by this Section 8 shall be the sole and exclusive remedy of the Seller Indemnitees
and Buyer Indemnitees in respect of claims for any misrepresentation, breach of warranty or nonfulfillment or failure to be performed
of any covenant or agreement contained in this Agreement or the other Transaction Documents, except for (i) Eisenberg’s breach
of Section 7(a); (ii) the breach of any employment agreement or the like to which a Seller may be a party; (iii) the Trust’s
breach of any representations, warranties, covenants or obligations contained in this Agreement and the other Transaction Documents which
by their terms contemplate performance after the Closing; (iv) any Seller’s breach of the covenants in Section 7(e); or
(v) Buyer’s breach of the covenants in Section 7(f).

 

    	 

    	 

    

 

(i)
Materiality. For purposes of determining the amount of Buyer Losses under this Section 8, and not for purposes of determining
whether or not a breach has occurred, any inaccuracy in or breach of any representation or warranty shall be determined without regard
to any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation
or warranty.

 

(j)
Procedures for Indemnification.

 

(i)
Notice of Claims. If any misrepresentation, breach of warranty or nonfulfillment or failure to be performed of any covenant or
agreement contained in this Agreement or the other Transaction Documents occurs or is alleged and either (i) a Buyer Indemnitee asserts
that Trust or any Seller(s), has become obligated to such Buyer Indemnitee pursuant to Section 8 hereof, or (ii) a Seller Indemnitee
asserts that Buyer, has become obligated to such Seller Indemnitee pursuant to Section 8 hereof (“Direct Claim”),
or if any suit, Action, investigation, claim or proceeding is threatened, begun, made or instituted by a third party (a “Third
Party Proceeding”) as a result of which the Trust or any Seller(s) may become obligated to a Buyer Indemnitee hereunder,
or Buyer may become obligated to a Seller Indemnitee, such Buyer Indemnitee or Seller Indemnitee, as applicable, shall give written notice
thereof to the Trust or Buyer, as the case may be (the “Claims Notice”). For purposes of this Section 8(j)
a Buyer Indemnitee or Seller Indemnitee sending a Claims Notice shall be referred to as an “Indemnitee.”
A failure or delay in providing a Claims Notice shall not relieve Buyer, any Seller(s) or Trust of its indemnification obligations under
this Section 8 except to the extent that such Party is materially prejudiced as a result thereof.

 

(ii)
Response to Direct Claims. Any Seller(s), the Trust or Buyer as the indemnifying party under this Section 8 (the “Indemnitor”)
shall have thirty (30) days after receipt of the Claims Notice for a Direct Claim to reject or accept the claim as an indemnifiable claim
under Section 8. If, within thirty (30) days after receipt by the Indemnitor of such a Claims Notice, the Indemnitor delivers
notice to the Indemnitee containing a written objection to the claim (or a portion thereof) by the Indemnitee, stating the nature of
and grounds for such objection in reasonable detail, then such claim (or portion thereof) shall be deemed to be a “Disputed
Claim” and such claim shall be resolved in accordance with this Section 8(j). If, within thirty (30) days after
actual receipt by an Indemnitor of a Claims Notice for a Direct Claim, Indemnitor delivers notice to the Indemnitee containing a written
acceptance of the claim, (or a portion thereof) then such claim (or portion thereof) shall be deemed an indemnifiable claim under this
Section 8 (the “Indemnifiable Claim”), and unless such notice includes a reservation of rights, Indemnitor
will be conclusively deemed to have consented to recovery by the Indemnitee of the full amount of Buyer Losses or Seller Losses, as applicable,
subject to the limitations set forth in the Section 8, as applicable.

 

(iii)
Dispute Resolution. Any disputes arising under this Section 8 shall be resolved as follows: (i) first, the Buyer and the
Trust shall attempt in good faith for thirty (30) days to resolve the dispute, and (ii) if the dispute remains unresolved after such
thirty (30) day period, the Buyer and the Trust agree that either the Buyer or the Trust may file suit in any court or other adjudicative
body having jurisdiction pursuant to this Agreement in order to resolve the dispute.

 

(iv)
Third Party Proceeding. Indemnitor shall have twenty (20) days from receipt of a Claims Notice for a Third Party Proceeding to
provide the Indemnitee with notice that it wishes to assume the defense in the Third Party Proceeding, in which event the Indemnitee
shall have the right to participate in the defense at its own expense; provided, however, that the Indemnitee is hereby
authorized prior to and during such time to file any motion, answer or other pleading that it shall deem necessary or appropriate to
protect its interests and that is not prejudicial to Indemnitor. If Indemnitor fails to give the Indemnitee timely notice as provided
herein, the Indemnitee shall have the right to defend against such Third Party Proceeding. If Indemnitor assumes the defense in a Third
Party Proceeding, the Indemnitor shall not agree to any settlement, compromise or discharge of a Third-Party Claim without the Indemnitee’s
prior written consent, which shall not be unreasonably withheld. If the Indemnitor does not assume the defense of a Third-Party Claim,
the Indemnitee shall be entitled to undertake any settlement, compromise or discharge of such Third-Party Claim without the Indemnitor’s
prior consent. Notwithstanding anything herein to the contrary, an Indemnitor shall not be entitled to assume control of the defense
in a Third Party Proceeding, and shall pay the reasonably documented fees and expenses of legal counsel retained by the Indemnitee if:
(i) Indemnitee reasonably believes that an adverse determination of such claim could be detrimental to its interests; (ii) Indemnitee
reasonably believes that the Indemnitor lacks the financial capability to pay any adverse monetary judgment being sought in the Third
Party proceeding; (iii) Indemnitee reasonably believes that a conflict of interest exists or could reasonably arise which, under applicable
principles of legal ethics, could prohibit a single legal counsel from representing both the parties in such proceeding, other than a
conflict which may exist due to the underlying nature of the duty to indemnify; (iv) a court of competent jurisdiction rules that Indemnitor
has failed or is failing to prosecute or defend such claim; or (v) such claim seeks damages other than monetary damages.

 

    	 

    	 

    

 

(v)
Consent to Jurisdiction. Notwithstanding any other provision of this Section 8, Indemnitor hereby consents to the nonexclusive
jurisdiction of any court in which an Action or claim in respect of a Third Party Proceeding is brought against an Indemnitee for purposes
of any claim that an Indemnitee may have under this Agreement with respect to such Action or claim or the matters alleged therein and
agrees that process may be served on Indemnitor with respect to such a claim anywhere in the world.

 

(vi)
Indemnification Binds Successors and Assigns. All of the indemnification rights of the Parties arising pursuant to this Section
8 shall survive any sale, assignment or other transfer by a Party of all or part of their respective title to or interest in all
or part of the Transaction Documents and shall apply to and bind each and every successor and assign of a Party hereto.

 

(vii)
Fraud. For purposes of this Section 8, the term “fraud” shall only be deemed to refer to willful and intentional
misrepresentations or omissions made, or intentional concealment performed, with the intent to deceive and shall not be deemed to include
negligent misrepresentation, omissions or similar claims.

 

9.
Appointment of the Trust as Representative of Sellers.

 

(a)
By approving this Agreement and the transactions contemplated hereby, each Seller shall have irrevocably authorized, directed and appointed
the Trust to act as sole and exclusive agent, attorney-in-fact and representative of such Seller, with full power of substitution with
respect to all matters under this Agreement and the transactions contemplated hereby, including, without limitation, determining, giving
and receiving notices and processes hereunder, receiving distributions of the Purchase Consideration to or for the benefit of Sellers,
contesting and settling any and all claims for indemnification pursuant to Article 8, resolving any other disputes hereunder,
performing the duties expressly assigned to the Trust hereunder and under the Trust Documents and incur such other expenses as the Trust
shall reasonably deem necessary or prudent in connection with the foregoing.

 

(b)
The Trust shall have the sole and exclusive right on behalf of each Seller to take any action or provide any waiver, or receive any notice
with respect to any claims for indemnification under Article 8 and to settle any claim or controversy arising with respect thereto.
Any such actions taken, exercises of rights, power or authority, and any decision or determination made by the Trust, shall be absolutely
and irrevocably binding on each Seller as if such Seller personally had taken such action, exercised such rights, power or authority
or made such decision or determination in such Seller’s individual capacity, and no Seller shall have the right to object, dissent,
protest or otherwise contest the same. Any action required to be taken by any Seller hereunder or any action that any Seller, at its
election, has the right to take hereunder, shall be taken only by the Trust and no Seller acting on its own shall be entitled to take
any such action. After Closing, Buyer shall be entitled to deal exclusively with the Trust on all matters relating to this Agreement
and shall be entitled to rely conclusively (without further evidence of any kind whatsoever) on any document executed or purported to
be executed on behalf of any Seller by the Trust, and on any other action taken or purported to be taken on behalf of any Seller by the
Trust, as being fully binding upon such Seller. Notices or communications to or from the Trust shall constitute notice to or from each
Seller. Any decision or action by the Trust hereunder, including any agreement between the Trust and Buyer relating to the defense, payment
or settlement of any claims for indemnification hereunder, shall constitute a decision or action of any or all Sellers, as applicable,
and shall be final, binding and conclusive upon each such Seller. No Seller shall have the right to object to, dissent from, protest
or otherwise contest the same. The provisions of this Section 9, including the power of attorney granted hereby, are independent
and severable, are irrevocable and coupled with an interest and shall not be terminated by any act of any one or Sellers or by operation
of Law.

 

(c)
The Trust may resign at any time; provided, however, in no event shall the Trust resign without having first appointed a new representative
to serve in the same capacity and with the same authority as the Trust, who shall assume such duties immediately upon the resignation
or removal of the Trust. Notice of the appointment of such new representative shall be sent to Buyer, such appointment to be effective
upon the later of the date indicated in such notice or the date such notice is received by Buyer; provided, that until
such notice is received, Buyer shall be entitled to rely on the decisions and actions of the Trust as described in Sections 9(a)
and (b) above.

 

    	 

    	 

    

 

(d)
The Trust shall not be liable to any Seller for actions taken pursuant to this Agreement, except to the extent such actions shall have
been determined by a court of competent jurisdiction to have constituted gross negligence or involved fraud, intentional misconduct or
bad faith (it being understood that any act done or omitted pursuant to the advice of counsel, accountants and other professionals and
experts retained by the Trust shall be conclusive evidence of good faith).

 

10.
Miscellaneous.

 

(a)
Successors and Assigns. Any Party hereto may assign this Agreement or any rights or obligations hereunder without the prior written
consent of the other Parties hereto; provided that this Agreement shall inure to the benefit of and shall be binding upon the successors
and assigns of the Parties hereto.

 

(b)
Governing Law; Jurisdiction. This Agreement shall be construed, performed and enforced in accordance with, and governed by, the
laws of the State of North Carolina, United States, without giving effect to the principles of conflicts of laws thereof. The Parties
hereto irrevocably consent to the jurisdiction of, the federal and state courts of the State of North Carolina located in Wake County,
North Carolina for such purpose.

 

(c)
Expenses. Except as otherwise provided herein, each of the Parties hereto shall pay all its own expenses in connection with this
Agreement and the transactions contemplated hereby, including, without limitation, any legal and accounting fees, whether or not the
transactions contemplated hereby are consummated.

 

(d)
Severability. In the event that any part of this Agreement is declared by any court or other judicial or administrative body to
be null, void or unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of
this Agreement shall remain in full force and effect.

 

(e)
Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed
to have been duly given (i) on the date of service if served personally on the Party to whom notice is to be given, or (ii) on the day
of delivery by Federal Express or similar overnight courier or the Express Mail service maintained by the U.S. Postal Service, to the
Party as follows:

 

	 	If
    to Trust:	[Insert
    Address]
	 	 	 
	 	Copy
    to:	Smith,
    Gambrell & Russell, LLP
	 	 	Suite
    3100, Promenade
	 	 	1230
    Peachtree Street, NE
	 	 	Atlanta,
    Georgia 30309
	 	 	Attention:
    John C. Ethridge, Jr.
	 	 	 
	 	If
    to Buyer: 	Synergy
    CHC Corp.
	 	 	865
    Spring Street
	 	 	Westbrook,
    ME 04092
	 	 	Attn:
    President
	 	 	 
	 	Copy
    to:	Wyrick
    Robbins Yates & Ponton LLP
	 	 	4101
    Lake Boone Trail, Suite 300
	 	 	Raleigh,
    North Carolina 27607
	 	 	Attention:
    W. David Mannheim

 

Any
Party may change its address for the purpose of this Section by giving the other Party written notice of its new address in the manner
set forth above.

 

(f)
Amendments; Waivers. This Agreement may be amended or modified, and any of the terms, covenants, representations, warranties or
conditions hereof may be waived, only by a written instrument executed by the Parties hereto, or in the case of a waiver, by the Party
waiving compliance. Any waiver by any Party of any condition, or of the breach of any provision, term, covenant, representation or warranty
contained in this Agreement, in any one or more instances, shall not be deemed to be nor construed as further or continuing waiver of
any such condition, or of the breach of any other provision, term, covenant, representation or warranty of this Agreement.

 

    	 

    	 

    

 

(g)
Public Announcements. Sellers and the Trust shall not make any public statement regarding this Agreement or the transactions contemplated
herein without Buyer’s prior written approval. Buyer shall provide a copy of any public statement to the Trust prior to the information
being made public.

 

(h)
Entire Agreement. This Agreement, the exhibits and schedules hereto contains the entire understanding between the Parties hereto
with respect to the transactions contemplated hereby and thereby and supersede and replace all prior agreements and understandings, oral
or written, with regard to such transactions. All schedules and exhibits hereto and any documents and instruments delivered pursuant
to any provision hereof are expressly incorporated herein and made a part of this Agreement as fully as though completely set forth herein.
This Agreement shall only be binding on the Parties hereto upon execution and delivery of this Agreement by each of the Parties.

 

(i)
Parties in Interest. Nothing in this Agreement is intended to confer any rights or remedies under or by reason of this Agreement
on any persons other than the Parties hereto and their respective successors and permitted assigns. Nothing in this Agreement is intended
to relieve or discharge the obligations or liability of any third persons to any of the Parties hereto. No provision of this Agreement
shall give any third persons any right as a third party beneficiary of this Agreement or provide any right of subrogation or Action over
or against a Party hereto.

 

(j)
Section and Paragraph Headings. The section and paragraph headings in this Agreement are for reference purposes only and shall
not affect the meaning or interpretation of this Agreement.

 

(k)
Counterparts. This Agreement may be executed in counterparts and via .pdf, each of which shall be deemed an original, but all
of which shall constitute the same instrument.

 

(l)
Fulfillment of Obligations. Any obligation of any Party to any other Party under this Agreement, which obligation is performed,
satisfied or fulfilled by an Affiliate of such Party, shall be deemed to have been performed, satisfied, or fulfilled by such Party.

 

(m)
Remedies. Except as expressly provided in this Agreement, any Person having any rights under any provision of this Agreement,
including, without limitation, Section 7, shall be entitled to enforce such rights specifically (without posting a bond or other
security) and to exercise all other rights granted by Laws. Except as expressly provided in this Agreement, all such rights and remedies
shall be cumulative and non-exclusive, and may be exercised singularly or concurrently. The Parties acknowledge that any breach of this
Agreement may cause substantial irreparable harm to the other Party. Therefore, this Agreement may be enforced in equity by specific
performance, temporary restraining order and/or injunction. The rights to such equitable remedies shall be in addition to all other rights
or remedies which a Party may have under this Agreement or under applicable law.

 

(n)
Further Actions. In case at any time after the Closing any further action is necessary to carry out the purposes of this Agreement,
each of the Parties shall take such further action (including the execution and delivery of such further instruments and documents) as
any other Party reasonably may request, all at the sole cost and expense of the requesting Party (unless the requesting Party is entitled
to indemnification therefore under Section 8). Without limiting the foregoing, after the Closing each Seller will furnish Buyer
with such information and documents in such Seller’s possession or under such Seller’s control or that such Seller can execute
or cause to be executed to further evidence Buyer’s ownership of the Shares.

 

[Signature
pages follow]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized
as of the date first above written.

 

	 	/s/
    Jordan Eisenberg
	 	JORDAN
    EISENBERG
	 	 	 
	 	BREAKTHROUGH
    PRODUCTS, INC.
	 	 	 
	 	By:	/s/
    Jordan Eisenberg
	 	Name:	Jordan
    Eisenberg
	 	Title:	Chief
    Executive officer
	 	 	 
	 	SYNERGY
    CHC CORP.
	 	 	 
	 	By:	/s/
    Jack Ross
	 	Name:	Jack
    Ross
	 	Title:	Chief
    Executive Officer
	 	 	 
	 	URX
    ACQUISITION TRUST
	 	 	 
	 	By:	/s/
    Michael Valentino
	 	Name:	Michael
    Valentino
	 	Title:	Trustee

 

Signature
Page to Stock Purchase Agreement - 1

 

    	 

    	 

    

 

[Form
of Seller Signature Page]

 

Seller:

 

(USE
THIS BLOCK IF AN INDIVIDUAL)

	 	 
	(Signature)	 

 

	Address:	 	 
	 	 	 
	 	 	 

(USE
THIS BLOCK IF AN ENTITY)

	By:	 	 
	Name:	 	 
	Title:	 	 
	Address:	 	 
	 	 	 
	 	 	 

 

Signature
Page to Stock Purchase Agreement - 2Exhibit
10.10

 

SHARE
PURCHASE AGREEMENT

 

THIS
SHARE PURCHASE AGREEMENT (the “Agreement”) dated as of November 15, 2015, between TPR Investments Pty Ltd ACN
128 396 654 as trustee for Polmear Family Trust (the “Seller”), Timothy Polmear and Rebecca Polmear (collectively,
the “Principal Owners”), NomadChoice Pty Limited ACN 160 729 939 trading as Flat Tummy Tea, an Australian proprietary
limited company (the “Company”), and Synergy CHC Corp., a Nevada corporation (the “Buyer”).
Buyer and Seller are sometimes referred to collectively as the “Parties” and individually as a “Party”.

 

BACKGROUND

 

Seller
and the Principal Owners, either directly or indirectly, collectively own, all of the issued fully paid ordinary shares of the Company
(the “Company Shares”).

 

The
Company is engaged in the business of developing, manufacturing, and selling herbal detox tea (the “Products”)
(the Products and the business related to the Products is collectively the “Business”). For the avoidance of
doubt, the “Business” shall be limited to the business known as “Flat Tummy Tea” and operated by the Company.

 

Buyer
desires to purchase all of the Company Shares (the “Share Purchase”), and Seller and the Principal Owners desire
to sell such Company Shares to Buyer, in each case upon the terms and subject to the conditions set forth in this Agreement.

 

In
consideration of the foregoing and the respective covenants and agreements hereinafter contained, the Parties hereto hereby agree as
follows:

 

	1.	Definitions.

 

As
used in this Agreement (including the recitals and Disclosure Schedules hereto), the following selected terms shall have the following
meanings (such meanings to be applicable equally to both singular and plural forms of the terms defined):

 

“Action”
means any claim, action, cause of action, demand, lawsuit, arbitration, audit, notice of violation, proceeding, litigation, citation,
summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether formal or informal,
whether public or private and whether at law or in equity;

 

“Adjusted
EBITDA” shall mean, with respect to any applicable period, the net income before interest, taxes, depreciation and amortization
less any capital expenditures of the Company for such period, all as calculated on a consistent basis with the accounting standards and
general accounting principles applied in the financial statements attached as Schedule 4(h);

 

“Affiliate”
shall mean, as to any Person, any other Person which directly or indirectly controls, or is under common control with, or is controlled
by, such Person. As used in this definition, “control” (including, with its correlative meanings, “controlled by”
and “under common control with”) shall mean possession, directly or indirectly, of the power to direct or cause the direction
of management or policies (whether through ownership of securities or partnership or other ownership interests, by Contract or otherwise)
of such Person;

 

“Calculation
Period” means the period beginning on November 1, 2015 and ending on June 30, 2016;

 

“Calculation
Period EBITDA” means the Company’s Adjusted EBITDA during the Calculation Period;

 

“Clients”
means all of the clients of the Company during each of the Company’s 2012, 2013, and 2014 fiscal years and during the period ended
as of October 31, 2015;

 

“Closing”
shall mean the consummation of the transactions contemplated by this Agreement which shall occur on the Closing Date;

 

    	 

    	 

    

 

“Closing
Date” means 12 November 2015;

 

“Code”
means the Internal Revenue Code of 1986, as amended;

 

“Commercially
Reasonable Efforts” means the commercially reasonable efforts that a prudent Person desirous of achieving a result and
having an incentive to and interest in achieving such result would use to achieve that result as expeditiously as reasonably possible
under the circumstances;

 

“Contract”
means any agreement, contract, indenture, instrument, obligation, promise or undertaking (whether written or oral and whether express
or implied) that is legally binding;

 

“Disclosure
Schedules” means the disclosure letter delivered by Seller concurrently with the execution and delivery of this Agreement;

 

“Earn-Out
Multiple” means two (2);

 

“Employee”
means an employee of the Company employed in connection with the Business;

 

“Employee
Benefit Plan” means any pension, profit sharing, retirement, deferred compensation, share purchase, share option or other
equity based compensation plans, incentive, bonus, vacation, employment, independent contractor, severance, disability, hospitalization,
sickness, death, medical insurance, dental insurance, life insurance and any other employee benefit plan (whether provided on a funded
or unfunded basis, or through insurance or otherwise), agreement, program, policy, trust, fund, Contract or arrangement;

 

“Environmental
Laws” means all Laws concerning pollution or protection of the environment and natural resources, including without limitation
all those relating to the presence, use, production, generation, handling, transportation, treatment, storage, control or cleanup of
any hazardous materials, substances or wastes, pesticides, pollutants or byproducts, asbestos, polychlorinated biphenyls, or radiation,
each as amended and as now or hereafter in effect;

 

“Files
and Records” shall mean all files and records, whether in hard copy or digital, electronic, data, magnetic or other format,
of the Company relating to or used in connection with the Business;

 

“Event
of Insolvency” means, in relation to a corporation:

 

	 	(a)
    	receiver,
    manager, receiver and manager, trustee, administrator or similar officer is appointed in respect of a person or any material asset
    of a corporation;
	 	 	 
	 	(b)
    	a
    liquidator or provisional or interim liquidator is appointed in respect of a corporation;
	 	 	 
	 	(c)
    	any
    application (not being an application withdrawn or dismissed within 7 days) is made to a court for an order, or an order is made,
    or a meeting is convened, or a resolution is passed, for the purpose of:
	 	 	 	 
	 	 	(i)
    	appointing
    a person referred to in paragraphs (a) or (b);
	 	 	 	 
	 	 	(ii)
    	winding
    up the relevant corporation; or
	 	 	 	 
	 	 	(iii)
    	proposing
    or implementing a compromise with creditors (including a scheme of arrangement, other than to carry out a reconstruction or amalgamation
    while solvent);
	 	 	 	 
	 	(d)
    	a
    final order, judgment or award is made against the corporation which it fails to satisfy within 7 days of being required to do so;
    or
	 	 	 
	 	(e)
    	the
    corporation becomes, or admits in writing that it is, is declared to be, or is deemed under any applicable Law to be, insolvent or
    unable to pay its debts;

 

“Fundamental
Representations” shall mean the representations and warranties set forth in Sections 4(a), 4(b), 4(c), 4(d), 4(e), 4(f),
4(j), 4(l), and 4(o);

 

“Government”
shall mean any agency, division, subdivision, audit group or procuring office of the Government of Australia or the United States, any
state of Australia or the United States, including the employees or agents thereof;

 

    	 

    	 

    

 

“GST
Act” means as A New Tax System (Goods and Services Tax) Act 1999 (Cth);

 

“Guarantee”
means any Contract of guarantee, indemnification, assumption or endorsement or any other like commitment of the obligations, liabilities
(fixed, contingent or otherwise) or indebtedness of another Person;

 

“Intellectual
Property” means all intellectual property rights whether protected, created or arising under the Laws of the United States,
Australia, or any other jurisdiction, including the following: (i) patents and patent applications; (ii) trademarks and service marks,
including all applications and registrations and goodwill related to the foregoing; (iii) copyrights, including all applications and
registrations related to the foregoing (including, without limitation, for all designs); (iv) Internet domain names; (v) telephone numbers,
electronic mail addresses and social media accounts and registrations, including but not limited to accounts and registrations with Facebook,
LinkedIn, Twitter, and other similar services; and (vi) trade secrets, know-how, ideas, creative works, inventions, discoveries, methods,
processes, technical data, specifications, research and development information, technology, software or computer programs, and data
base;

 

“Knowledge
of the Seller” or “Seller’s Knowledge” or a similar phrase shall mean, with respect to
any matter, the actual knowledge of the Seller, or the Principal Owners as at the date of this agreement;

 

“Laws”
means all statutes, laws, codes, ordinances, regulations, rules, orders, judgments, writs, injunctions, acts or decrees of any Government
entity;

 

“Liability”
means any liability or obligation of whatever kind or nature (whether known or unknown, whether asserted or unasserted, whether absolute
or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including without
limitation any liability for Taxes;

 

“Lien”
shall mean any mortgage, pledge, security interest, encumbrance, lien (statutory or other) or conditional sale agreement, and including
claims on title and liens in favor of contractors, carriers, warehousemen, mechanics, materialmen, and subcontractors and statutory or
common law liens to secure claims for labor, materials or supplies, and other similar liens and encumbrances;

 

“Material
Adverse Effect” when used in connection with an entity, means any change, event, circumstance, condition or effect that
is or is reasonably likely to be, individually or in the aggregate, materially adverse to: (i) the condition (financial or otherwise),
capitalization, properties, prospects, products, assets (including intangible assets), Intellectual Property, liabilities, business,
operations or results of operations of such entity and its subsidiaries, taken as a whole, or (ii) such entity’s ability to consummate
the Share Purchase or to perform its obligations under this Agreement;

 

“Material
Adverse Event” means any untoward or negative occurrence (including, without limitation, physical injury) related to the
Business or the use of the Products and which has a Material Adverse Effect;

 

“Person”
shall mean and include any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company,
trust, and any other unincorporated organization or Government;

 

“Taxes”
shall mean (i) all federal, state, local or foreign taxes, including, but not limited to, income, gross income, gross receipts, capital,
production, excise, employment, sales, use, transfer, transfer gain, ad valorem, premium, profits, license, capital stock, franchise,
severance, stamp, withholding, employment, unemployment, disability, worker’s compensation, payroll, utility, windfall profit,
custom duties, personal property, real property, environmental, registration, alternative or add-on minimum, estimated and other taxes,
governmental fees or like charges of any kind whatsoever, and (ii) any interest, penalties, fines, loss, damages, liability, expense
or additions thereto whether disputed or not; and (iii) any transference liability in respect of any items described in clauses (i) or
(ii) payable by reason of contract assumption, transference liability, operation of law, or otherwise;

 

“Tax
Return” means any return, declaration, report, claim for refund, information return or statement relating to any taxes,
including any schedule or attachment thereto and including any amendment therof;

 

    	 

    	 

    

 

“Transaction
Documents” shall mean this Agreement, the Share certificates, and the other exhibits and schedules hereto and thereto,
and all other agreements, instruments, certificates and other documents to be entered into or delivered by any Party in connection with
the transactions contemplated to be consummated pursuant to any of the foregoing;

 

The
parties agree that for the purposes of calculating the Australian to US dollar conversion, the exchange rate will be $1.00:US$0.70.

 

	2.	Share
    Purchase

 

	 	(a)	Purchase
    and Sale of the Company Shares. Upon the terms and subject to the conditions herein set forth, Seller agrees to sell, convey,
    transfer, assign and deliver to Buyer and Buyer agrees to purchase and accept from Seller, on the Closing Date, the Company Shares
    as set forth on Schedule 2(a), being all of the fully paid ordinary shares in the capital of the Company.

 

	 	(b)	Surrender
    of the Company’s Share Certificates; Further Cooperation. At the Closing, Seller will deliver to Buyer its certificates
    representing all of Company Shares owned by Seller. From time to time after the Closing Date, without further consideration, Seller
    will execute and deliver such other instruments of conveyance and transfer and take such other action as Buyer reasonably may request
    to effectuate the transaction contemplated by this Agreement. Seller will furnish Buyer with such information and documents in Seller’s
    possession or under Seller’s control or that Seller can execute or cause to be executed as will enable Buyer to prosecute any
    and all pending claims, applications and the like which that be assigned hereunder.

 

	3.	Consideration

 

	 	(a)	Initial
    Consideration. Upon the terms and subject to the conditions set forth in this Agreement, in reliance on the representations,
    warranties, covenants and agreements of Seller contained herein, the consideration payable to Seller for the Share Purchase shall
    be an amount of (i) Three Million Four Hundred Fifty Thousand Australian dollars ($3,450,000 AUD), which will be paid by Buyer at
    Closing (the “Cash Consideration”); plus (ii) Three Million Five Hundred Seventy One Thousand Four Hundred
    and Twenty-Eight (3,571,428) shares of the Common Stock of Buyer (the “Equity Consideration”) (collectively,
    the “Purchase Price”).

 

	 	(b)	Earn-out
    Payment. As additional consideration for the Company Shares, at such times as provided in this Section 3(b) if the Calculation
    Period EBITDA is $5,000,000 AUD or more, Buyer shall pay to Seller an amount, if any (the “Earn-out Payment”),
    equal to (i)(A) the Calculation Period EBITDA; multiplied by (B) the Earn-out Multiple; minus (ii) the total of $6,500,000
    AUD plus the Top Up EBITDA. In the event that the number produced by the formula above is negative, no payment shall be made. In
    no event shall Buyer be obligated to pay Seller more than Three Million Five Hundred Thousand Dollars ($3,500,000 AUD) in the aggregate
    for Earn-out Payment. The parties agree to release the Earn-out Payment from the Escrow Account and pay this amount to Seller pursuant
    to the terms and conditions of this Agreement and the Escrow Agreement.

 

	 	(c)	If
    the Calculation Period EBITDA is initially less than $5,000,000 AUD (“Initial Period EBITDA”), the
    parties agree that an amount equal to (A) $5,000,000 AUD, less (B) the Initial Period EBIDTA (“Top Up EBITDA”)
    will count towards the Calculation Period EBITDA for the purposes of the Earn-out Payment calculation in Section 3(b); provided,
    however, in no event will the Top Up EBITDA exceed $2,357,912 AUD.

 

	 	(d)	Procedures
    Applicable to Determination of the Earn-out Payment.

 

	 	 	(i)	On
    or before July 15, 2016 Buyer will prepare and deliver to Seller a written statement (an “Earn-out Calculation Statement”)
    setting forth in reasonable detail its determination of the Calculation Period EBITDA as of June 30, 2016 and its calculation of
    any resulting Earn-out Payment (an “Earn-out Calculation”).

 

    	 

    	 

    

 

	 	 	(ii)	Seller
    will have twenty (20) days after receipt of the Earn-out Calculation Statement (the “Review Period”) to
    review the Earn-out Calculation Statement. During the Review Period, Seller will have the right to inspect the Company’s books
    and records for the purposes reasonably related to the determinations of Adjusted EBITDA and the resulting Earn-out Payment. Prior
    to the expiration of the Review Period, Seller may object to the Earn-out Calculation set forth in the Earn-out Calculation Statement
    by delivering a written notice of objection (an “Earn-out Calculation Objection Notice”) to Buyer. Any
    Earn-out Calculation Objection Notice must specify the items in the applicable Earn-Out Calculation disputed by Seller and must describe
    in reasonable detail the basis for such objection, as well as the amount in dispute. If Seller fails to deliver an Earn-out Calculation
    Objection Notice to Buyer prior to the expiration of the Review Period, then the Earn-out Calculation set forth in the Earn-out Calculation
    Statement will be final and binding on the Parties and:

 

	 	1.	the
    Earn-Out Payment will be payable to the Seller within ten (10) days (or such other period agreed by the parties) of the expiration
    of the Review Period; and

 

	 	2.	the
    Buyer and the Seller agree and undertake to immediately provide executed written instruct ions (in accordance with the requirements
    of the Escrow Agreement) to the Escrow Agent to disburse an amount equal to the Earn-out Payment (in Australian dollars) to the Seller.

 

	 	 	(iii)	If
    Seller timely delivers an Earn-out Calculation Objection Notice, Buyer and Seller will negotiate in good faith to resolve the disputed
    items and agree upon the resulting amount of Adjusted EBITDA and the resulting Earn-out Payment. If Buyer and Seller are unable to
    reach an agreement within seven (7) days after such Earn-out Calculation Objection Notice has been given, all unresolved disputed
    items must be promptly referred to an impartial internationally recognized firm of independent certified public accountants, other
    than Seller’s and Buyer’s accountants (the “Independent Accountant”). The Independent Accountant
    must be directed to render a written report on the unresolved disputed items as promptly as practicable, but in no event greater
    than seven (7) days after such submission to the Independent Accountant, and to resolve only those unresolved disputed items set
    forth in the Earn-out Calculation Objection Notice. If unresolved disputed items are submitted to the Independent Accountant, Buyer
    and Seller must each furnish to the Independent Accountant such work papers, schedules and other documents and information relating
    to the unresolved disputed items as the Independent Accountant may reasonably request. The Independent Accountant must resolve the
    disputed items based solely on the applicable definitions and other terms in this Agreement and the presentations by Buyer and Seller,
    and not by independent review. The resolution of the dispute and the calculation of Adjusted EBITDA that is the subject of the applicable
    Earn-out Calculation Objection Notice by the Independent Accountant will be final and binding on the Parties and:

 

	 	1.	the
    Earn-Out Payment will be payable to the Seller within 10 days (or such other period agreed by the parties) of the resolution of the
    dispute and calculation of the Adjusted EBITDA by the Independent Accountant; and

 

	 	2.	the
    Buyer and the Seller agree and undertake to immediately provide executed written instruct ions (in accordance with the requirements
    of the Escrow Agreement) to the Escrow Agent to disburse an amount equal to the Earn-out Payment (in Australian dollars) to the Seller.

 

	 	 	(iv)	The
    fees and expenses of the Independent Accountant will be borne equally by Seller and Buyer.

 

	 	(e)	Post-closing
    Operation of the Company. The Buyer acknowledges that given the method in which the Earn-out Payment is calculated, it is critical
    that the Buyer preserves the essence and character of the Business during the Calculation Period.

 

    	 

    	 

    

 

	 	(f)	Subject
    to the terms of this Agreement, subsequent to the Closing, Buyer will have sole discretion with regard to all matters relating to
    the operation of the Company; provided, that, during the Calculation Period (i) Buyer shall not change the name of the Company’s
    product “Flat Tummy Tea”; (ii) Buyer shall operate the Business in the ordinary course of business in the same or similar
    manner and style using methods, practices, approaches and policies as have been used (or similar to those that have been used) by
    the Seller and the Principal Owners in the period prior to Closing; (iii) Buyer shall notify Seller as soon as reasonably practicable
    of any Material Adverse Effect on the Company or the Business; (iv) Buyer shall not make any capital expenditure payments that are
    unnecessary or larger than necessary in the context of the needs of the Business; (v) the Buyer shall use all reasonable endeavours
    to manage and conduct the Business as a going concern with all due care and in accordance with normal and prudent practice (having
    regard to the nature of the Business and good commercial practice and so as to comply with all applicable Laws), in order to preserve
    the value of the Company; and (vi) Buyer shall protect and maintain the Business and the assets of the Company, in order to properly
    preserve and grow their value. Buyer shall not, directly or indirectly, take any actions in bad faith that would have the purpose
    of avoiding or reducing any of the Earn-out Payments hereunder.

 

	 	(g)	Right
    to Set-off. Buyer will have the right to withhold and set off against any amount otherwise due to be paid pursuant to this Section
    3 the amount of Buyer’s Losses to which any of the Buyer Indemnitees are finally determined to be entitled to under Section
    12.

 

	 	(h)	Security.
    The Parties understand and agree that (i) the contingent rights to receive any Earn-out Payment shall not be represented by any form
    of certificate or other instrument, are not transferable, except by operation of Laws relating to descent and distribution, divorce
    and community property, and do not constitute an equity or ownership interest in Buyer or the Company, (ii) Seller shall not have
    any rights as a security holder of Buyer or the Company as a result of Seller’s contingent right to receive any Earn-out Payment
    hereunder, and (iii) no interest is payable with respect to any Earn-out Payment. However, the Buyer agrees that the amount deposited
    into the Escrow Account pursuant to clause 3(i) must not be secured by or form part of any secured property in any security document
    or arrangement granted by either the Buyer or the Company. The Buyer also agrees that any security granted by the Company or the
    Buyer, and the enforcement of any such security, shall be subject to the Buyer’s obligations to pay the Earn-out Payment and
    to deposit the amounts in accordance with clause 3(i).

 

	 	(i)	Earn-Out
    Account. During the Calculation Period the Buyer shall, in each month that the Company’s Adjusted EBITDA exceeds four hundred
    thousand Australian dollars ($400,000 AUD), deposit seventy percent (70%) of such month’s Adjusted EBITDA into an Australian
    dollar denominated escrow account (the “Escrow Account”) established pursuant to the terms and conditions
    of a customary escrow agreement (the “Escrow Agreement”) with Wyrick Robbins Yates & Ponton LLP (the
    “Escrow Agent”) and where the Escrow Agent, Seller and Buyer are parties thereto. Each monthly deposit
    shall be made within thirty (30) days after the end of such month. The parties agree that the Escrow Agreement shall be provided
    and executed at Closing. The Escrow Agreement shall reflect in all material respects the terms and conditions of release of the Escrow
    Amount to Seller or Buyer, as applicable, set forth in this Section 3. The Escrow Amount shall be held in the Escrow Account
    until the final determination of the Earn-Out Payment in accordance with this Section 3. To the extent that there is a shortfall
    between the Earn-out Payment and the amount in the Escrow Account, for any reason, including as a result of foreign currency exchange,
    the Buyer must pay the difference to the Seller at the same time as the Earn-out Payment is released by the Escrow Agent.

 

	4.	Representations
    and Warranties of Seller and the Company.

 

As
a material inducement to Buyer to enter into this Agreement and to consummate the transactions contemplated hereby, Seller, the Principal
Owners, and the Company jointly and severally represent and warrants as of the date hereof, except as set forth on the Disclosure Schedules
(or as disclosed in any other section, subsection or clause of the Disclosure Schedule to the extent that the applicability to such other
section, subsection or clause is reasonably apparent on its face) to Buyer as set forth below.

 

	 	(a)	Corporate
    Organization. The Company is a proprietary limited company duly organized, validly existing and in good standing under the laws
    of its jurisdiction of formation. The organizational documents which have been furnished to Buyer reflect all amendments made thereto
    at any time prior to the date of this Agreement and are correct and complete. The minute books and other books and records of the
    Company, to the extent such minutes exist, have been furnished to Buyer.

 

    	 

    	 

    

 

	 	(b)	Qualification
    to Do Business. The Company has full corporate power and authority to carry on its business as now being conducted and is entitled
    to own, lease, or operate the properties and assets now owned, leased, or operated by it. The Company is qualified to do business,
    is in good standing, and to the Seller’s Knowledge has all required and appropriate licenses in each jurisdiction except jurisdictions
    in which failure to obtain or maintain such qualification, good standing, or licensing (i) would not, individually or in the aggregate,
    have or reasonably could be expected to have a Material Adverse Effect or (ii) would result in a material breach of any of the other
    representations, warranties, or covenants set forth in this Agreement. The Company is duly qualified to conduct the Business as presently
    conducted by the Company as an Australian corporation. No consent, waiver, approval, order, or authorization of, or registration,
    declaration, or filing with, any court, administrative agency, or commission or other governmental authority or instrumentality (“Governmental
    Entity”), or any third party, is required to be made or obtained by Seller or the Company in connection with the execution
    and delivery of this Agreement by Seller or the consummation by Seller of the transactions contemplated hereby, except for such consents,
    authorizations, filings, approvals and registrations that, if not obtained or made, would not have a Material Adverse Effect on the
    Company or such consents, authorizations, filings, approvals and registrations that must occur following Closing.

 

	 	(c)	Authorization
    and Validity of Agreement. Seller and the Principal Owners have all requisite power and authority to enter into the Transaction
    Documents and to carry out their obligations thereunder. The execution and delivery of the Transaction Documents and the performance
    of Seller’s and the Principal Owners’ obligations thereunder have been duly authorized by all necessary corporate, shareholder
    or member action of Seller and the Principal Owners, and no other proceedings on the part or in respect of Seller or the Principal
    Owners is necessary to authorize such execution, delivery and performance. The Transaction Documents have been duly executed by Seller
    and the Principal Owners and constitute its valid and binding obligations, enforceable against Seller and the Principal Owners in
    accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, moratorium or similar laws
    of general application relating to or affecting creditors’ rights generally and except for the limitations imposed by general
    principles of equity.

 

	 	(d)	No
    Conflict or Violation. Subject to obtaining any consents and approvals set forth in Schedule 4(d), the execution, delivery
    and performance by Seller of the Principal Owners of the Transaction Documents does not and will not to the Seller’s Knowledge
    (i)(A) conflict with or result in a breach of the terms, conditions, or provisions of, (B) constitute a default under (whether with
    or without the passage of time, the giving of notice or both), (C) give any third party the right to modify, terminate or accelerate
    any obligation under, (D) result in a violation of, or (E) require any consent, exemption or other action by or notice or declaration
    to, or filing with, any third party of any Government entity pursuant to (1) any organizational documents of the Company; (2) any
    provision of law, rule or regulation, or any order, judgment or decree of any court or other governmental or regulatory authority;
    or (3) any Contract, lease, sublease, occupancy agreement, loan agreement, mortgage, security agreement, trust indenture or other
    agreement or instrument to which the Company is a party or by which the Company is bound or to which any of the Seller’s or
    Principal Owners’ properties or assets is subject; (ii) result in the creation of any Lien or Tax upon the equity or assets
    of Seller or the Principal Owners; or (iii) otherwise interfere in any material manner with the Business.
	 	 	 
	 	(e)	Capitalization.
    The Company Shares are paid up. All of the Company Shares are duly authorized, validly issued and fully paid. There are no outstanding
    or authorized options, warrants, purchase rights, subscription rights, conversion rights, exchange rights, or other Contracts or
    commitments that could require the Company to issue, sell, or otherwise cause to become outstanding any of its shares. There is no
    outstanding or authorized share appreciation, phantom shares, profit participation, or similar rights with respect to the Company.
    There are no voting trusts, proxies, or other agreements or understandings with respect to the voting of the shares of the Company.

 

    	 

    	 

    

 

	 	(f)	Assets.
    The Company has good and marketable title to, or a valid leasehold interest in, all of its assets and properties, free and clear
    of all Encumbrances, except for liens for Taxes not yet due and payable, and mechanics’ liens, materialmen’s liens, and
    other liens arising by operation of law, which liens do not in any case materially and adversely affect the Company’s title
    to its assets, the Company’s use of its assets or the value of such assets. The Company’s assets which are tangible personal
    property are in reasonably good and serviceable condition, normal wear and tear excepted, have been maintained in accordance with
    normal industry practice, and are suitable for the purposes for which they are presently used. The Company owns or leases all equipment
    or other tangible assets that are necessary for the conduct of the Business as presently conducted. No assets are used in the Business
    that are not owned or leased by the Company and not included in the Assets. The Company operates no business other than the Business
    and related activities.

 

	 	(g)	Subsidiaries.
    The Company does not own, directly or indirectly, any shares or other interests in any other entity.

 

	 	(h)	Financial
    Statements. Attached hereto as Schedule 4(h) are: the Company’s most recent balance sheet, and income statement
    as of October 31, 2015 (the “Financial Statements”). The Financial Statements have been prepared using
    consistent accounting principles, presentations, methods, standards, policies, practices, classifications, estimation and adjustment
    methodologies, assumptions, and procedures. The Company’s books of account and records are complete and correct and accurately
    reflect all of the assets, liabilities, transactions, and results of operations of the business of the Company. The Financial Statements
    fairly present in all material respects the results of operations of the Business as of the dates thereof. Seller has delivered to
    Buyer or its representatives copies of the Financial Statements.

 

	 	(i)	Absence
    of Certain Changes or Events. Since October 31, 2015, the Company has conducted the Business only in the ordinary course consistent
    with past practices. Without limiting the generality of the foregoing, since October 31, 2015:

 

	 	 	(i)	there
    has been no increase in the compensation or benefits paid or payable by the Company, other than in the ordinary course of business
    and consistent with past practices, to any of its officers, directors, employees, agents, consultants or shareholders, including
    any grant of severance or termination pay to any director, officer or employee of the Company, or any deferred compensation or similar
    agreement (or any amendment to any such existing agreement) with any director, officer or employee of the Company;
	 	 	 	 
	 	 	(ii)	there
    has been no declaration, setting aside, or payment of dividends or distributions in respect of the Company Shares, any split up or
    other recapitalization in respect of the Company Shares or any direct or indirect redemption, purchase by the Company, or other acquisition
    by the Company of any such shares, except dividends declared and paid, or distributions made, prior to the Closing Date to Seller
    in the ordinary course of business consistent with the past practices of the Company;

 

	 	 	(iii)	the
    Company has not waived or compromised any right of material value or any payment, direct or indirect, of any material debt, liability,
    or other obligation;

 

	 	 	(iv)	there
    has been no Material Adverse Effect on the Company;

 

	 	 	(v)	there
    has been no issuance, transfer, sale, or pledge by the Company of any Company Shares or other securities or any commitment, option,
    right, or privilege under which the Company is or may become obligated to issue any shares or other securities; there has been no
    indebtedness for borrowed money incurred by the Company except such as may have been incurred or entered into in the ordinary course
    of business; no loan has been made or agreed to be made by the Company, nor has the Company become liable or agreed to become liable
    as a guarantor with respect to any loan or other indebtedness of the Company or Seller, or any third party;

 

	 	 	(vi)	there
    has been no sale, assignment, or transfer of, or royalty arrangement with respect to the Company’s trade names, trademarks,
    service marks, domain names, web addresses, copyrights (or any interest therein), patent, or logos of material value, or any patent,
    trademark, service mark, domain name or web address or copyright applications (or any interest therein) used (or that were, or are
    intended to be used) in the operations of the Business;

 

	 	 	(vii)	there
    has been no sale, lease or disposition of, any material property or asset, tangible or intangible, of the Company;

 

    	 

    	 

    

 

	 	 	(viii)	there
    has been no actual or, to any Seller’s Knowledge, threatened termination or loss of any (A) material contract, lease, license,
    permit or other agreement to which the Company was or is a party other than terminations of contracts upon completion of work; (ii)
    certificate, license, or other authorization required for the continued operation by the Company of any material portion of the Business;
    or (B) customer or other revenue source, which termination or loss could reasonably be expected to result in loss or revenues to
    the Company in excess of Twenty-five Thousand Dollars ($25,000.00) per year, and there is no event known to Seller (including, without
    limitation, the transactions contemplated hereby) that could reasonably be expected to result in any such termination or loss;

 

	 	 	(ix)	there
    has been no resignation or termination of employment of any key officer or employee of the Company or, to any Seller’s Knowledge,
    any impending resignation or termination of employment of any such officer or employee other than the Principal Owners which will
    resign following the Calculation Period;

 

	 	 	(x)	there
    has been no agreement or commitment by the Company or Seller to do any of the things described in this Section 4(i).

 

	 	(j)	Tax
    Matters

 

	 	 	(i)	the
    Company has timely filed all material Tax Returns that it was required to file. All such Tax Returns as so filed disclose all Taxes
    required to be paid for the periods covered thereby. All material Taxes due and owing by the Company (whether or not shown on any
    Tax Return) have been paid or provided for in the Company’s balance sheet. The Company is not currently the beneficiary of
    any extension of time within which to file any Tax Return. There are no Liens for Taxes (other than Taxes not yet due and payable)
    upon any of the assets of the Company. The Company has withheld and paid, or made provision in its balance sheet for, all Taxes required
    to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, shareholder,
    or other third party, and all Tax Returns and forms required with respect thereto have been properly completed and timely filed.
    Upon and after the acquisition of the Company Shares by Buyer, Buyer will have no, and will not be subject to any, liability, as
    a successor or otherwise, for or with respect to any Taxes of or pertaining to (i) the Company or (ii) the Business for any period
    or transactions arising before the Closing other than as provided for on its balance sheet. For the avoidance of doubt, the Seller
    and Principal Owners do not represent or warrant that there will not be any taxes payable or liabilities arising on or after Closing
    in relation to the Share Purchase.

 

	 	 	(ii)	There
    is no material dispute or claim concerning any Tax liability of the Company either (A) claimed or raised by any authority in writing
    or (B) to the Knowledge of the Company.

 

	 	(k)	Absence
    of Undisclosed Liabilities; Indebtedness. Except as set forth in the Company’s balance sheet, the Company has no
    indebtedness or liability, absolute or contingent, involving, affecting or relating to the Business, the Products, or the transactions
    contemplated by the Transaction Documents.

 

	 	(l)	Intellectual
    Property.

 

	 	 	(i)	“IP
    Assets” shall mean all of the following materials owned or licensed by the Company with respect to the Business: (A)
    the proprietary formulas for the Products; (B) the domain names listed on Schedule 4(l) (collectively, the “Domain
    Names”); (C) all the content on and accessible through the websites associated with the Domain Names, including demos
    (collectively, the “Website Content”); and (D) the entire Business marketing database consisting of all
    available customer information and all marketing, advertising and promotional materials, including logos, colors, videos, booklet
    designs, catalogs, solicitations, email templates, advertisements and all other Business marketing materials (whether in draft or
    final form) (collectively, the “Marketing Materials”).

 

	 	 	(ii)	Schedule
    4(l) lists all patented, registered, applied-for, and other Intellectual Property used in the Business, and all Intellectual
    Property of the Company licensed to any third Person (collectively, the “Business Intellectual Property”),
    including the registration and application information, date of application or issuance and relevant jurisdiction as to each, and
    whether or not the Business Intellectual Property is owned or licensed. Business Intellectual Property that is licensed by the Company
    from a third party is “Licensed Intellectual Property”.

 

    	 

    	 

    

 

	 	 	(iii)	The
    Company owns, or will own at Closing, all right, title and interest in and to or has a valid and enforceable license or right to
    use, all IP Assets, Business Intellectual Property, and the Licensed Intellectual Property, free and clear of all Liens, and all
    patented or registered Business Intellectual Property is valid and enforceable. The Company has taken commercially reasonable steps
    to maintain the confidentiality of all information that constitutes a trade secret of the Business. The Company has the valid right
    to transfer the Intellectual Property included in the Business to Buyer as contemplated hereunder.

 

	 	 	(iv)	Except
    as set forth on Schedule 4(l), (A) to the Knowledge of the Seller, the conduct of the Business, including the delivery and
    distribution of the Products, has not infringed and does not infringe on any Intellectual Property or any other proprietary rights
    of any Person, including but not limited to the rights of privacy or publicity; (B) to the Knowledge of the Seller, no Person is
    infringing, violating or misappropriating any Business Intellectual Property; (C) to the Knowledge of the Seller the Company, has
    not taken any action, or failed to take any action, during prosecution of any application that could reasonably be expected to result
    in the invalidation or unenforceability of any registered Business Intellectual Property; (D) the Company is not currently a party
    to any pending suit, claiming any alleged infringement or misappropriation of any Business Intellectual Property; (E) the Company
    has not received within the prior three (3) years any written notice, and is not currently a party to any pending suit, claiming
    any alleged infringement or misappropriation of the Intellectual Property rights of other Persons with respect to its or their use
    of Intellectual Property or the Products; (F) the Company has not entered into any Contract that includes a forbearance to sue or
    settlement Contract with respect to any Intellectual Property and (G) the Company has not received any written notice of any claim
    within the prior three (3) years, and is not currently a party to any pending suit, which challenges the validity or enforceability
    of, the Company’s ownership of or right to use, any Intellectual Property (excluding, for clarity, office actions) or the Products.
    With respect to the material Intellectual Property of the Company (e.g., product formulas, etc.), Seller has secured valid written
    confidentiality Contracts and assignments of Intellectual Property from all consultants, contractors, Employees, and customers who
    contribute or have contributed to the creation, conception, reduction to practice or other development of such Intellectual Property
    developed on behalf of Seller.

 

	 	 	(v)	To
    the Knowledge of the Seller, no Product provided or distributed by Seller in its conduct of the Business: (A) violates any Law in
    any material respect; (B) includes any information or material that is defamatory in any material respect; or (C) infringes any right
    of publicity, privacy, or other right of any Person in any material respect.

 

	 	(m)	Compliance
    with Law. To the Knowledge of the Seller, the manufacture and sale of the Products and the operation of the Business has been
    conducted in material compliance with all applicable Laws and other requirements of all courts and other governmental or regulatory
    authorities having jurisdiction over the Company and its assets, properties and operations. The Company has not received notice of
    any violation (or possible violation) of any such Law or other legal requirement, and the Company is not in default with respect
    to any order, writ, judgment, award, injunction or decree of any federal, state or local court or Governmental or regulatory authority,
    applicable to the Company, the Business, or the Company Shares. To the Seller’s Knowledge, the Company holds all Permits required
    for the conduct of the Business and the ownership of its properties. No written notices have been received by the Company alleging
    the failure to hold any Permit. To the Seller’s Knowledge, the Company is in compliance with all terms and conditions of all
    such Permits. All of such Permits shall be available for use by Buyer immediately after the Closing. Without limiting the foregoing,
    the Company has not received any warning letter or untitled letter, report of inspectional observations, establishment inspection
    reports, notices of violation, clinical holds, enforcement notices or other documents from the any governmental entity or any institutional
    review board or independent ethics committee alleging a lack of material compliance by Company with any Laws. No “bulk sales”
    or similar Law applies to the transactions contemplated by this Agreement.

 

	 	(n)	Litigation.
    There are no claims, Actions, suits, proceedings, complaints or investigations pending or, to the Knowledge of the Seller, threatened
    before any court or governmental or regulatory authority, domestic or foreign, or before any arbitrator of any nature, brought by
    or against the Company or any of its officers, directors, employees, agents or Affiliates, or the Principal Owners, involving, affecting
    or relating to the Company, the Business, the Company Shares, or the transactions contemplated by the Transaction Documents.

 

    	 

    	 

    

 

	 	(o)	Brokerage.
    Except for payment to be made to Go Capital set forth on Schedule 4(o), the Company has not incurred, and shall not incur,
    any brokerage, finder’s or similar fee in connection with the transactions contemplated by this Agreement.

 

	 	(p)	Insurance.
    The Company is currently insured by insurers unaffiliated with the Company with respect to its properties, assets and operation of
    the Business in such amounts and against such risks which are appropriate and customary for the type of business conducted by the
    Company with customary deductibles and retained amounts. With respect to each insurance policy held by the Company (the “Insurance
    Policies”) (i) such Insurance Policy is legal, valid, binding and in full force and effect; (ii) the Company is not
    in default under such Insurance Policy; and (iii) the Company has delivered a true and correct copy of such Insurance Policy to Buyer.
    There are no claims by the Company pending under any such Insurance Policies and the Company has not been informed that coverage
    has been questioned, denied or disputed by the underwriters of such Insurance Policies with respect to any such claims.

 

	 	(q)	Employment
    Matters. Schedule 4(q) separately sets forth all of the Employees as of the date hereof, including for each such Employee:
    name, job title, designation, work location (identified by street address), current compensation paid or payable, all wage arrangements,
    fringe. No Employee is a party to, or is otherwise bound by, any Contract or arrangement, including any confidentiality or non-competition
    Contract, that in any way adversely affects or restricts the performance of such Employee’s duties. Each current Employee has
    executed, or will have executed as of Closing, a nondisclosure and assignment-of-rights Contract for the benefit of the Company vesting
    all rights in work product created by the Employee, during the Employee’s employment or affiliation with the Company, in the
    Company. To the Knowledge of the Seller and except as set forth on Schedule 4(q), no Employee other than the Principal Owners
    intends to terminate his or her employment with the Company. The Company has, or will have no later than the Closing Date, included
    provision for all accrued salaries, bonuses, commissions, wages, severance and accrued vacation pay of the Employees due to be paid
    through the Closing Date in the Company’s accounts / financial statements. The Company is in compliance, in all material respects,
    with all Laws governing the employment of labor.

 

	 	(r)	Contractor
    Matters. The Seller has or will, prior to the Closing Date, disclose a list of the name (if an entity, including the name
    of the individuals employed by or providing service on behalf of such entity) and contact information of each material independent
    contractor, consultant, freelancer or other service provider (collectively, “Contractors”) used by the
    Company at any point during the prior one (1) year. A copy of each Contract relating to the services any Contractor provides to the
    Business has been provided to the Company. To the Knowledge of the Seller, no Contractor used by the Company is a party to, or is
    otherwise bound by, any Contract or arrangement with any third party, including any confidentiality or non-competition Contract,
    that in any way adversely affects or restricts the performance of such Contractor’s duties for the Company. To the Knowledge
    of the Seller, no current Contractor used by the Company intends to terminate his or her or its relationship with the Company. The
    Company has no obligation or Liability with respect to any Taxes (or the withholding thereof) in connection with any Contractor.
    The Company has properly classified, pursuant to any applicable Law, all Contractors used by the Company at any point.

 

	 	(s)	Employee
    Benefits. The Company does not maintain or contribute to any Employee Benefit Plans other than in respect to the bonus and incentives
    available to its Employees. .

 

	 	(t)	Environmental
    and Safety Matters. The Company has complied and is in compliance with all Environmental Laws, including but not limited to all
    Permits required by Environmental Laws for the conduct of the business operations of the Company and the disposition of all hazardous
    materials in accordance with all applicable Environmental Laws in all material respects. The Company has not received any outstanding
    and unresolved written or oral notices, reports or other information regarding any actual or alleged violation of Environmental Laws
    by the Company, or any Liabilities or potential Liabilities, including any remedial obligations, relating to any of them or their
    facilities arising under Environmental Laws.

 

    	 

    	 

    

 

	 	(u)	Real
    Property. Schedule 4(u) sets forth the address of each leased real property of the Company (the “Leased Real
    Property”), and a true and complete list of all leases (including all amendments, extensions, renewals, Guarantees
    and other Contracts with respect thereto) for each such Leased Real Property (including the date and name of the parties to such
    lease or license document) (the “Leases”). Seller has delivered to Buyer a true and complete copy of each
    Lease, and in the case of any oral Lease, a written summary of the material terms of such Lease. With respect to each of the Leases:
    (i) such Lease is legal, valid, binding, enforceable and in full force and effect; (ii) the transactions set forth in this Agreement
    do not require the consent of any other Person to such Lease, or such consent has been obtained, shall not result in a breach of
    or default under such Lease, or otherwise cause such Lease to cease to be legal, valid, binding, enforceable and in full force and
    effect on identical terms following the Closing; (iii) the Company’s possession and quiet enjoyment of the Leased Real Property
    under such Lease has not been disturbed, and there are no disputes with respect to such Lease; (iv) the Company, and any other party
    to the Lease, is not in breach or default under such Lease, and no event has occurred or circumstance exists which, with the delivery
    of notice, the passage of time or both, would constitute such a breach or default, or permit the termination, modification or acceleration
    of rent under such Lease; (v) no security deposit or portion thereof deposited with respect to such Lease has been applied in respect
    of a breach or default under such Lease which has not been redeposited in full; (vi) the Company does not owe, or shall not owe in
    the future, any brokerage commissions or finder’s fees with respect to such Lease; (vii) the other party to such Lease is not
    an Affiliate of, and otherwise does not have any economic interest in, the Company; (viii) the Company has not subleased, licensed
    or otherwise granted any Person the right to use or occupy such Leased Real Property or any portion thereof; (ix) the Company has
    not collaterally assigned or granted any other security interest in such Lease or any interest therein; (x) there are no Liens on
    the estate or interest created by such Lease; and (xi) all buildings, structures, improvements, fixtures, building systems and equipment,
    and all components thereof, included in the applicable Leased Real Property are in good condition and repair (fair wear and tear
    excepted). The Company does not own any real property, nor has it ever owned any real property.

 

	 	(v)	Affiliate
    Transactions. No shareholder, officer, director, member or Affiliate of the Company or any individual related by blood, marriage
    or adoption to any such individual or any entity in which any such Person or individual owns any beneficial interest, is a party
    to any Contract or transaction with the Company or has any interest in any real, tangible or intangible asset or property used by
    the Company.

 

	 	(w)	Product
    and Service Warranties; Adverse Events. The Company has made no express warranty or Guarantee to any customer or Client as to
    services or goods provided by the Company other than those required to be provided by Law. There is no pending or, to the Knowledge
    of the Seller, threatened claim alleging any breach of any warranty or Guarantee. There have not been any Material Adverse Events
    with respect to the Products or the Business.

 

	 	(x)	Guaranties.
    The Company is not a guarantor or otherwise liable for any liability, indebtedness or other obligation of any other Person.

 

	 	(y)	Status.
    Seller represents and warrants that (i) it has had an opportunity to discuss the business, management and financial affairs of Buyer,
    has had access to, the management of Buyer, and has had the opportunity to review the information set forth in Buyer’s public
    filings and any other information requested by Seller, (ii) Buyer will be relying upon Seller’s representations and warranties
    set forth herein in offering the Company Shares to it, and (iii) it has retained and consulted with a “Purchaser Representative,”
    as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended (the “1933
    Act”). Seller further represents and warrants that: (i)(A) it recognizes that ownership of the Equity Consideration
    involves substantial risks, including a risk of total loss of the value of the Equity Consideration, and has taken full cognizance
    of and understands all of the risk factors related to the ownership of the Equity Consideration; (B) it has sufficient knowledge
    and experience in business and investments, including financial, business and tax matters, to be capable of evaluating the merits
    and risks of ownership in the Buyer and making an informed decision about ownership in the Buyer, and (C) it has an adequate net
    worth and means of providing for its current needs and possible contingencies to sustain a complete loss in the Equity Consideration;
    or (ii) it is an “accredited investor” as such term is defined in Rule 501 of Regulation D.

 

    	 

    	 

    

 

	 	(z)	Acquisition
    for Own Account. This Agreement is made with Seller and Principal Owners in reliance upon such parties’ representations
    to Buyer, which by its execution hereof Seller and the Principal Owners hereby confirm that the Equity Consideration to be received
    by it will be acquired for investment for Seller’s own account, not as a nominee or agent, and not with a view to the sale
    or distribution of any part thereof other than as permitted under the 1933 Act and that it has no present intention of selling, granting
    participation in, or otherwise distributing the same other than what is permitted under the 1933 Act. By executing this Agreement,
    Seller further represents that it does not have any contract, undertaking, agreement, or arrangement with any person to sell, transfer
    or grant participations to such person, or to any third person, with respect to the Equity Consideration.

 

	 	(aa)	No
    Intention to Distribute. Seller and the Principal Owners understand that the Equity Consideration shares have not been registered
    under the 1933 Act on the grounds that the sale provided for in this Agreement and the issuance of securities hereunder is exempt
    from registration under the 1933 Act, and that Buyer’s reliance on such exemption is predicated in part on the representations
    set forth herein. Seller and the Principal Owners realize that the basis for the exemption may not be present if, notwithstanding
    such representations, Seller or the Principal Owners have in mind merely acquiring the Equity Consideration shares for a fixed or
    determined period in the future, or for a market rise, or for sale if the market does not rise. Seller and the Principal Owners do
    not have any such intention.

 

	 	(bb)	No
    Registration. Seller and the Principal Owners understand that the Equity Consideration may not be sold, transferred or otherwise
    disposed of without registration under the 1933 Act or an exemption therefrom, and that in the absence of an effective registration
    statement covering the shares or an available exemption from registration under the 1933 Act, the Equity Consideration must be held
    indefinitely. In particular, Seller and the Principal Owners are aware that the shares may not be sold pursuant to Rule 144 promulgated
    under the 1933 Act unless all of the conditions of that Rule are met. Among the conditions for use of Rule 144 may be the availability
    of current information to the public about Buyer. The Seller and Principal Owners represent that, in the absence of an effective
    registration statement covering the Equity Consideration shares, it will sell, transfer, or otherwise dispose of such shares only
    in a manner consistent with its representations set forth herein and then only in accordance with the provisions of this Agreement.

 

	 	(cc)	Restrictions
    on Transfer. Seller agrees that in no event will it make a transfer or disposition of any of the Equity Consideration (other
    than pursuant to an effective registration statement under the 1933 Act or a Rule 144 sale in compliance with the terms of such Rule
    or pursuant to an exemption from the 1933 Act. Buyer shall cooperate with Seller and Seller’s transfer agent in the removal
    of any legend on the shares constituting the Equity Consideration to permit the trade or liquidation thereof in the marketplace as
    permitted under Rule 144 of the 1933, if requested by Seller.

 

	 	(dd)	Inventory.
    All inventory of the Company, whether or not reflected in the Balance Sheet, consists of a quality and quantity usable and salable
    in the ordinary course of business consistent with past practice, except for obsolete, damaged, defective or slow-moving items that
    have been written off or written down to fair market value or for which adequate reserves have been established. All such inventory
    is owned by the Company free and clear of all encumbrances, and no inventory is held on a consignment basis. The quantities of each
    item of inventory are not excessive, but are reasonable in the present circumstances of the Company.

 

	 	(ee)	Customers.
    The due diligence materials provided by the Company to Buyer includes information regarding each customer who has paid consideration
    to the Company for goods or services rendered for each of the last two (2) most recent fiscal years, and the amount of consideration
    paid.

 

	 	(ff)	Contracts;
    Agreements.

 

	 	 	(i)	Except
    as disclosed in Schedule 4(ff), the Company is not a party to or bound by any oral or written Contract or obligation that individually
    has a value in excess of $15,000, has a term of greater than two (2) years or is otherwise material to the Company or its businesses,
    operations, financial condition, properties or assets.

 

    	 

    	 

    

 

	 	 	(ii)	Each
    agreement, contract, plan, lease, arrangement or commitment required to be disclosed pursuant to this Section 4(ff) (each, a “Material
    Contract”) is a valid and binding agreement the Company and is in full force and effect with respect to the Company and, to
    the Knowledge of the Seller, each other party thereto, and neither the Company, nor to the Knowledge of the Seller, any other party
    thereto, is in default or breach in any material respect under the terms of any such Material Contract, and, to the Knowledge of
    the Seller, no event or circumstance has occurred that, with notice or lapse of time or both, would reasonably be expected to constitute
    any event of default thereunder. True and complete copies of each such Material Contract have been made available to Buyer. The Company
    has fulfilled all material obligations required pursuant to each Material Contract to have been performed by the Company prior to
    the date hereof, and, to the Knowledge of the Seller, without giving effect to the Share Purchase and the other transactions contemplated
    by this Agreement, the Company will be able to fulfill, when due, all of its obligations under the Material Contracts that remain
    to be performed after the date hereof.

 

	 	 	(iii)	No
    Person is renegotiating or seeking to renegotiate, or, to the Knowledge of the Seller, has a right (absent any default or breach
    of a Material Contract) pursuant to the terms of any Material Contract to renegotiate, any material amount paid or payable to the
    Company under any Material Contract or any other material term or provision of any Material Contract. The Company has not received
    any written indication or, to the Knowledge of the Company, verbal indication of an intention to terminate or renegotiate the terms
    of any of the Material Contracts by any of the parties to any of the Material Contracts.

 

	 	(gg)	Seller
    is a “non-U.S. Person” (as defined in Regulation S promulgated under the 1933 Act) and (i) the transaction contemplated
    by this Agreement constitutes an “offshore transaction” (as such term is defined in Regulation S) and (ii) the Equity
    Consideration will be for investment for the Seller’s own account, not as a nominee or agent, and not with a view to the resale
    or distribution of any part thereof in the U.S. or to a U.S. resident, and that Seller has no present intention of selling, granting
    any participation in, or otherwise distributing the same. By executing this Agreement, Seller further represents that it (A) does
    not have any contract, undertaking, agreement, or arrangement with any person to sell, transfer, or grant participations to such
    person, or to any third person in the U.S. or to a U.S. resident, with respect to any of the Equity Consideration; (B) agrees to
    resell the Equity Consideration only in accordance with the provisions of Regulation S of the 1933 Act, pursuant to registration
    under the 1933 Act, or pursuant to an available exemption from registration under the 1933 Act; and (iii) agrees not to engage in
    hedging transactions with respect to such Equity Consideration unless otherwise in compliance with the 1933 Act. Seller acknowledges
    that, to its knowledge, neither the Buyer, nor any of its affiliates, nor any person acting on its or their behalf has engaged in
    any directed selling efforts in violation of the requirements of Regulation S.

 

	5.	Limitations
    to representations and warranties of the Seller and the Company and Actions

 

	 	(a)	The
    Buyer acknowledges and agrees that the Seller, the Principal Owners and the Company have disclosed or are deemed to have disclosed
    against the representations and warranties of Seller and the Company, and the Buyer is aware of, and will be treated as having actual
    knowledge of, all facts, matters and circumstances that:

 

	 	 	(i)	are
    within the actual knowledge of the Buyer or its advisers in relation to the Share Purchase; and

 

	 	 	(ii)	are
    fairly disclosed in the Disclosure Schedules and the due diligence material in relation to the Business and the Company that have
    been provided to the Buyer.

 

	 	(b)	The
    warranties and representations of the Seller and Principal Owners are given subject to the disclosures or deemed disclosures described
    in Section 5(a). The Seller and the Principal Owners will have no liability under the representation and warranty of Seller and the
    Principal Owners to the extent that disclosure is made or is deemed to have been made against the representations and warranties
    given under Section 4.

 

	 	(c)	It
    shall not be a breach of a representation and warranty of Seller and the Company, if the facts, matters or circumstances giving rise
    to such Action are fairly disclosed or are deemed to have been fairly disclosed under Section 5(a).

 

	 	(d)	Neither
    the Seller nor the Principal Owners are liable under an Action for any Liability to the extent that the Buyer recovers, or is compensated
    for by any other means, from another source whether by way of contract, indemnity or otherwise (including under a policy of insurance
    or from a government agency).

 

    	 

    	 

    

 

	 	(e)	This
    Section 5 does not prevent the Buyer being entitled to commence an Action under this Agreement or a Transaction Documents. However,
    if for any reason more than one amount is paid in respect of the same Liability, the Buyer must procure that the amount in excess
    of the amount of the Liability (less the costs and expenses of making the claim or commencing the Action) is immediately repaid to
    the Seller to give full effect to this Section 5.

 

	 	(f)	The
    Buyer must:

 

	 	 	(i)	take
    all reasonable actions (subject to being indemnified by Seller against all reasonable costs and expenses incurred) to mitigate any
    Liability that may give rise to an Action, including, if the Buyer is entitled to recover, or be compensated for by any other means,
    any Liability from another source the Buyer must use all reasonable endeavours to recover or be compensated for or procure that such
    Liability is recovered or compensated for as soon as practicable from that source. The Buyer must notify its insurers of this Section
    5(f).

 

	 	 	(ii)	not
    omit to take any reasonable action that would mitigate any Liability that may give rise to an Action.

 

	 	(g)	Neither
    the Seller nor the Principal Owners are liable under any Action, other than Action in respect of Tax, for any Liability to the extent
    that Liability:

 

	 	 	(i)	(provisions
    in accounts) has been included as a provision, allowance, reserve or accrual in the Company’s accounts or financial statements
    that have been provided to the Buyer or that arises in respect of a matter that has been noted in the Company’s accounts or
    financial statements that have been provided to the Buyer;

 

	 	 	(ii)	(contingent
    losses): is contingent, unless and until the Liability becomes an actual Liability and is due and payable;

 

	 	 	(iii)	(change
    of law or interpretation): arises from:

 

	 	 	(iv)	the
    enactment or amendment of any legislation or regulations;

 

	 	 	 	(1)	a
    change in the judicial or administrative interpretation of the law; or
	 	 	 	 	 
	 	 	 	(2)	a
    change in the practice or policy of any governmental agency,

 

after
the date of Closing, including legislation, regulations, amendments, interpretation, practice or policy that has a retrospective effect;

 

	 	 	(v)	(consequential
    loss): is special, indirect or consequential loss or damage including loss of profit or loss of reputation;

 

	 	 	(vi)	(post
    Closing conduct):arises from anything done or not done after Closing by or on behalf of the Buyer or its Affiliates that is outside
    the ordinary course of the Business and the Buyer was aware or ought reasonably be aware would give rise to an Action against the
    Seller or the Principal Owners;

 

	 	 	(vii)	(promoted
    claims): arises from an Action initiated by a third party that is attributable to anything done or not done after Closing by
    or on behalf of the Buyer or its Affiliates that was calculated or intended to cause the Action initiated by the third party to be
    made;

 

	 	 	(viii)	(change
    in accounting policy): would not have arisen but for a change after Closing in any accounting policy or practice of the Buyer
    that applied before Closing;

 

	 	 	(ix)	(change
    of Business): arises out of the cessation or alteration of the Business after Closing;

 

	 	 	(x)	(legal
    costs): is not a reasonable legal cost; and

 

	 	 	(xi)	(remediable
    loss): is remediable, provided it is remedied to the satisfaction of the Buyer, acting reasonably, within 45 days after the Seller
    or Principal Owners receives written notice of an Action or a Direct Claim in accordance with this Agreement.

 

	6.	Representations
    And Warranties Of The Buyer.

 

Buyer
hereby represents and warrants to Seller as follows:

 

	 	(a)	Corporate
    Organization. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada,
    and has all requisite power and authority and all necessary governmental authority to own, operate or lease the properties that it
    purports to own, operate or lease and to carry on its businesses as now conducted. Buyer is duly qualified to do business as a foreign
    company, and is in good standing in each jurisdiction where the character of its properties owned, operated or leased or the nature
    of its activities makes such qualification necessary.

 

    	 

    	 

    

 

	 	(b)	Authorization
    and Validity of Agreement. Buyer has all requisite power and authority to enter into the Transaction Documents and to carry out
    its obligations thereunder. The execution and delivery of the Transaction Documents and the performance of Buyer’s obligations
    thereunder have been duly authorized by all necessary company action by Buyer, and no other proceedings on the part of Buyer are
    necessary to authorize such execution, delivery and performance. Each of the Transaction Documents has been duly executed by Buyer
    and constitutes its valid and binding obligation, enforceable against it in accordance with its terms, except as may be limited by
    applicable bankruptcy, insolvency, moratorium or similar laws of general application relating to or affecting creditors’ rights
    generally and except for the limitations imposed by general principles of equity.

 

	 	(c)	No
    Conflict or Violation. Subject to obtaining all consents and approvals set forth herein, the execution, delivery and performance
    by Buyer of the Transaction Documents, to the knowledge of Buyer, (i) does not and will not violate or conflict with any provision
    of the organizational documents of Buyer; (ii) does not and will not violate any provision of law, rule or regulation, or any order,
    judgment or decree of any court or other governmental or regulatory authority; (iii) does not violate or will not result in a breach
    of or constitute (with due notice or lapse of time or both) a default under, or give rise to any acceleration of remedies or any
    right of termination under, any Contract, lease, sublease, occupancy agreement, loan agreement, mortgage, security agreement, trust
    indenture or other agreement or instrument to which Buyer is a party or by which Buyer is bound or to which any of Buyer’s
    properties or assets is subject, except for such breaches, defaults and accelerations as would not have a Material Adverse Effect
    on the ability of Buyer to consummate the transactions contemplated hereby.

 

	 	(d)	No
    Event of Insolvency: no Event of Insolvency has occurred in relation to the Buyer, nor is there any act which has occurred or
    to the best of its knowledge, is anticipated to occur which is likely to result in an Event of Insolvency in relation to the Buyer.

 

	 	(e)	No
    litigation: the Buyer is not a party to any investigation, prosecution, litigation, legal proceeding, arbitration, mediation
    or any other form of dispute resolution, and to the best of its knowledge no such proceedings are pending or threatened and there
    is no circumstance or fact that is likely to give rise to any such proceedings.

 

	 	(f)	Compliance
    with Applicable Law: To the knowledge of Buyer, Buyer is in compliance in all material respects with the applicable Laws; and

 

	 	(g)	Securities
    Law: the Buyer:

 

	 	 	(i)	is
    a “reporting company” that is subject to the reporting requirements of the Securities Exchange Act of 1934;
	 	 	 	 
	 	 	(ii)	has
    complied with the periodic reporting requirements of the Securities Exchange Act of 1934; and
	 	 	 	 
	 	 	(iii)	has
    otherwise complied the requirements of Rule 144 promulgated under the 1933 Act so as to ensure that the Equity Consideration to be
    received by the Seller will be eligible for exemption from registration under Rule 144 of the 1933 Act and will be freely tradable
    on the date which is 6 months following the issue of the Equity Consideration, provided that Seller owns less than 10% of the voting
    securities of Buyer.

 

	7.	Covenants
    

 

	 	(a)	Seller
    Covenants: The Seller covenants as follows:

 

	 	 	(i)	Consents
    and Approvals. Seller shall, at its cost and expense, use Commercially Reasonable Efforts to obtain all necessary consents, waivers,
    authorizations and approvals of all governmental and regulatory authorities, and of all other Persons required to be obtained in
    connection with the execution, delivery and performance by it of the Transaction Documents.
	 	 	 	 
	 	 	(ii)	Post-Closing
    Operation of Business. Following the Closing, Seller shall fully cooperate with Buyer to transfer the Business assets and liabilities
    to Buyer in such a manner as to preserve the value thereof.

 

	 	(b)	Buyer
    Covenants: The Buyer covenants as follows:

 

	 	 	(i)	that
    on the date which is 6 months following the issue of the Equity Consideration, it will take such action as is required to ensure
    that the Equity Consideration is freely tradable, including, without limitation, requesting removal of any restrictive legend attaching
    to the Equity Consideration; and

 

	 	 	(ii)	that
    the Buyer must pay all relevant taxes for which the Company is liable for and which relate to the period prior to Closing but which
    are due after Closing has occurred, on or before the due date, subject to the sufficient provision being made for the tax/es in the
    Company’s Financial Statements.

 

    	 

    	 

    

 

	8.	Noncompetition,
    Nonsolicitation and Nondisparagement. 

 

	 	(a)	Noncompetition.
    Seller and the Principal Owners acknowledge that (i) Buyer would not have entered into this Agreement but for the agreements and
    covenants contained in this Section 8; and (ii) the agreements and covenants contained in this Section 8 are essential
    to protect the Business and are reasonable and appropriate in scope; (iii) the Business is international in scope; and (iv) the business
    of Buyer is international in scope. To induce Buyer to enter into this Agreement, Seller and the Principal Owners covenant and agree
    that during the period commencing on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date (the “Restricted
    Period”), Seller, the Principal Owners, and their respective Affiliates shall not, directly or indirectly, (A) engage
    in any business or activity that competes with the Business ; (B) render any services to any Person for use in competing with Buyer
    in connection with the Business; (C) have an interest in any Person engaged in any business that competes with Buyer in connection
    with the Business, directly or indirectly, in any capacity, including, without limitation, as a shareholder, officer, director, principal,
    agent, trustee or consultant or any other relationship or capacity but, for the avoidance of doubt, this shall not include the Seller
    or the Principal Owners’ engagement of a non-Employee blogger or any other service provider or person for a purpose not related
    to a business or activity that competes with the Business but who may promote a product for a business that competes with the Business;
    provided, however, Seller or the Principal Owners may own, directly or indirectly, solely as an investment, securities
    of any Person which are publicly traded if Seller or the Principal Owner (I) is not a controlling Person of, or a member of a group
    which controls, such Person and (II) does not, directly or indirectly, own two percent (2%) or more of any class of securities of
    such Person; or (III) interfere with business relationships (whether formed heretofore or hereafter) between Buyer or any of its
    Affiliates and customers, suppliers or prospects of the Business.

 

	 	(b)	Employees
    of the Business. During the Restricted Period, Seller, and the Principal Owners, and their respective Affiliates shall not, directly
    or indirectly, (i) solicit or encourage any Employee or consultant performing services in connection with the Business to leave the
    employment or retention of Buyer or any of its Affiliates, or (ii) hire any such Employee or consultant who was performing services
    in connection with the Business and who has left the employment or retention of Buyer or any of its Affiliates within one (1) year
    of the termination of such Employee’s employment or consultant’s retention with Buyer or any of its Affiliates.

 

	 	(c)	Customers
    of the Business. During the Restricted Period, the Principal Owners and Seller, its employees, officers, and directors shall
    not, directly or indirectly, (i) persuade or attempt to persuade any customer, prospective customer, client, prospective client,
    supplier or vendor of Buyer or any of its Affiliates not to hire or do business with Buyer or any of its Affiliates or any successor
    thereto; (ii) solicit for himself or any Person other than Buyer or any of its Affiliates, the business of any Person who is a customer,
    client, supplier or vendor of Buyer or any of its Affiliates, or was its customer or supplier within one (1) year prior to the time
    of such solicitation to the extent that such business is similar to the business conducted by such customer or supplier with Buyer.
    For the avoidance of doubt, this clause shall not prevent the Seller or the Principal Owners from conducting such advertising or
    marketing for a business that does not compete with the Business nor shall it prevent a previous customer, client, supplier or vendor
    of the Business from initiating contact with and utilizing the services of any business which is operated by the Seller or the Principal
    Owners which does not compete with the Business.

 

    	 

    	 

    

 

	 	(d)	Confidential
    Information. From and after the Closing, the Principal Owners and Seller, its shareholders, employees, officers, and directors
    shall keep secret and retain in strictest confidence, and shall not use for the benefit of itself or others, all confidential matters
    relating to the Business or Buyer and its Affiliates, including, but not limited to, “know how”, trade secrets, customer
    lists, supplier lists, details of consultant and employment Contracts, pricing policies, operational methods, marketing plans or
    strategies, product development techniques or plans, business acquisition plans, technical processes, designs and design projects,
    processes, inventions, software, source codes, object codes, systems documentation and research projects and other business affairs
    (“Confidential Information”), and shall not disclose them to anyone outside of Buyer and its Affiliates;
    provided, however, this covenant shall not apply to any information which is or becomes generally available to the
    public other than as a result of disclosure by the Principal Owners or Seller or its respective Affiliates. The Principal Owners
    and Seller and its respective Affiliates may disclose Confidential Information if required to do so in any legally required government
    or securities filings, legal proceedings, subpoena, civil investigative demand or other similar process; provided, that Seller
    and the Principal Owners (i) provides Buyer with prompt notice of such required disclosure so that Buyer may attempt to obtain a
    protective order, (ii) cooperates with Buyer, at Buyer’s expense, in obtaining such protective order, and (iii) only discloses
    that Confidential Information which it is absolutely required to disclose as advised by counsel. Notwithstanding anything to the
    contrary in this Section 8(d), the Principal Owners and Seller, its shareholders, employees, officers, and directors shall be free
    to use for any purpose the residuals resulting from access to or work with the Confidential Information, provided that such party
    shall not disclose the Confidential Information except as expressly permitted pursuant to the terms of this Agreement. The term “residuals”
    means information in intangible form (i.e., not written or other documentary form, including tape or disk), which is incidentally
    and unintentionally retained in memory by persons who have had access to the Confidential Information, including ideas, concepts,
    know-how or techniques contained therein and where the source of the Confidential Information has become remote (e.g., as a result
    of the passage of time or the person’s subsequent exposure to information of a similar nature from other sources) such that
    the person can no longer identify the Confidential Information’s confidential source; provided, however, that no license to
    any Company intellectual property is granted under this Section, this Section 8(d) will not supersede or alter any separate agreement
    between such party and the Company, unless that agreement is acknowledged to be expressly subject to this clause, and residuals do
    not include any Product formulations.

 

	 	(e)	Nondisparagement.
    After the Closing Date, Seller and the Principal Owners will not disparage Buyer, any of Buyer’s Affiliates or any of such
    parties’ shareholders, directors, officers, employees or agents.

 

	 	(f)	Tolling
    of Covenant Periods. The Restricted Period provided in this Section 8 shall not include and shall be extended beyond, any time
    during which a party is failing to comply with any provision of this Section 8 with respect to such party.

 

	 	(g)	Blue
    Penciling. If any term or other provision of this Section 8 is invalid, illegal, or incapable of being enforced by any rule of
    Law or public policy, all other conditions and provisions of this Section 8 shall nevertheless remain in full force and effect. Upon
    determination that any term or other provision is invalid, illegal, or incapable of being enforced, the Parties hereto shall negotiate
    in good faith to, or the arbitrator making such a determination shall, modify this Section 8 so as to effect the original intent
    of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled
    to the extent possible.

 

	9.	Employees.
    

 

During
the Calculation Period, the Buyer must retain all Employees including all management Employees with the Company and shall not terminate
their employment without the prior written consent of the Seller, such consent shall not be unreasonably withheld, except that Buyer
can terminate Employees for cause. Seller shall make all salary, commission, bonus, incentive, vacation pay or other benefit accrual
payments, in each case that relate to periods prior to and through the Closing, to Employees as they become due. Buyer shall not be required
to provide continuations of any of Seller’s salary arrangements, bonus or incentive pay or other plans, commission arrangements
or commission agreements or wage or salary or compensation incentives after the Closing Date.

 

	10.	Conditions
    to Obligations of Seller. 

 

The
obligations of Seller to effect the Closing and to consummate the transactions contemplated by the Transaction Documents are subject
to the fulfillment, at or before the Closing Date, of each of the following conditions, any one or more of which may be waived by Seller
in its sole discretion:

 

	 	(a)	Representations
    and Warranties of the Buyer. All representations and warranties made by Buyer in this Agreement shall be true and correct in
    all material respects (except as to representations and warranties which are qualified as to materiality, which representations and
    warranties shall be true and correct in all respects) as of the date of this Agreement and on and as of the Closing Date as if again
    made by Buyer on and as of such date.

 

    	 

    	 

    

 

	 	(b)	Performance
    of the Obligations of the Buyer. Buyer shall have performed in all material respects all obligations required under this Agreement
    to be performed by it on or before the Closing Date.

 

	 	(c)	Buyer
    Closing Deliverables. At the Closing, Buyer will:

 

	 	 	(i)	Deliver
    to Seller the Cash Consideration in immediately available AUS funds;
	 	 	 	 
	 	 	(ii)	Deliver
    to Seller the Equity Consideration, including certificates therefor;
	 	 	 	 
	 	 	(iii)	Deliver
    a certificate executed by the authorized person of the Buyer certifying as to the truthfulness, completeness and accuracy of attached
    copies of resolutions of the directors of the Buyer authorizing this Agreement and the transactions contemplated hereby; and
	 	 	 	 
	 	 	(iv)	Deliver
    to the Seller the Escrow Agreement executed by the Buyer and the Escrow Agent.

 

	 	(d)	Pay
    to Go Capital Pty Ltd the payment set forth on Schedule 4(o) in immediately available funds;
	 	 	 
	 	(e)	Deliver
    to Seller a certificate of the Secretary of the State of Nevada, dated reasonably close to the Closing Date, as to the legal existence
    and good standing of the Buyer in Nevada.

 

	11.	Conditions
    to Obligations of Buyer. 

 

The
obligations of Buyer to consummate the transactions contemplated by the Transaction Documents are subject to the fulfillment, at or before
the Closing Date, of each of the following conditions, any one or more of which may be waived by Buyer in its sole discretion:

 

	 	(a)	Representations
    and Warranties of Seller. All representations and warranties made by Seller in this Agreement shall be true and correct in all
    material respects (except as to representations and warranties which are qualified as to materiality, which representations and warranties
    shall be true and correct in all respects) as of the date of this Agreement and on and as of the Closing Date as if again made by
    Seller on and as of such date.
	 	 	 
	 	(b)	Performance
    of the Obligations of Seller. Seller has performed in all material respects all agreement, covenants, and obligations required
    under this Agreement to be performed by it on or before the Closing Date.
	 	 	 
	 	(c)	Satisfaction
    of Liabilities and Obligations. All debts, fees, liabilities, payables, Taxes, claims, costs and expenses of or against the Company
    including, without limitation, all costs, expenses, payables, debts and liabilities arising out of the operations of the Company
    incurred or arising prior to the Closing will be paid or satisfied by the Company at or before Closing or the Purchase Price will
    be adjusted therefor at the Closing, except with respect to creditors in the day-to-day operation of the Business with no Lien or
    security interest in any of the Company’s assets. All cash in excess of zero working capital requirements will have been paid
    into the Escrow Account established for the segregation of Adjusted EBITDA from July 1, 2015 to October 31, 2015.
	 	 	 
	 	(d)	Seller
    Closing Documents. Seller shall have delivered to Buyer the following documents: 

 

	 	 	(i)	all
    certificates representing all of the Company, duly endorsed in blank or with appropriate share powers;

 

	 	 	(ii)	a
    certificate executed by the authorized person of Seller certifying as to the truthfulness, completeness and accuracy of attached
    copies of resolutions of the of Seller authorizing this Agreement and the transactions contemplated hereby;
	 	 	 	 
	 	 	(iii)	such
    other documents relating to the transactions contemplated by the Transaction Documents to be consummated at the Closing as counsel
    to Buyer shall reasonably request in order to complete the share purchase by Buyer;
	 	 	 	 
	 	 	(iv)	a
    extract of the register maintained by the Australian Securities and Investments Commission, dated reasonably close to the Closing
    Date, as to the legal existence and good standing of the Company in Australia;
	 	 	 	 
	 	 	(v)	resignations
    of the officers and directors of the Company in office immediately prior to the Closing; and
	 	 	 	 
	 	 	(vi)	deliver
    to the Buyer the Escrow Agreement executed by the Seller.

 

    	 

    	 

    

 

	12.	Indemnification.

 

	 	(a)	Indemnification
    by Buyer. Buyer shall indemnify and save and hold the Seller and Principal Owners, successors, and assigns (the “Seller
    Indemnitees”), harmless from and against any and all damages, claims, demands, obligations, liabilities, losses, costs,
    expenses (including all reasonable attorneys’ fees and expenses of investigation incurred by the Seller Indemnitees in any
    Action or proceeding between Buyer and the Seller Indemnitees or between the Seller Indemnitees and any third party or otherwise),
    deficiencies, interests, penalties, impositions, assessments and/ or fines (collectively, “Seller Losses”),
    whether or not in connection with a third-party claim, arising out of, resulting from or related to (each “Buyer’s
    Events of Breach”):

 

	 	 	(i)	any
    breach of any representation or warranty made by the Buyer in this Agreement or the other Transaction Documents; and
	 	 	 	 
	 	 	(ii)	all
    acts and omissions in the conduct of the Company and the Business on and after Closing and indemnifies, and must keep indemnified,
    the Seller Indemnitees against any loss arising in respect of any such acts or omissions after Closing including liability arising
    out of defects in products sold or services provided by the Buyer after Closing. This indemnity extends to liability that may arise
    as a result of any of the products so sold or advice given being defective;
	 	 	 	 
	 	 	(iii)	any
    breach of any covenant or other agreement made by Seller in Section 7(b) of this Agreement,

 

provided,
however, that Buyer shall not be liable to make any payment in respect of a claim for indemnification in respect of any breach
of any representation or warranty made by the Buyer in this Agreement or the other Transaction Documents until the aggregate of such
Seller Losses shall exceed $5,000 (“Threshold”). Once such Seller Losses shall exceed such $5,000 Threshold
(“Basket”), the Seller Indemnitees shall have the right to indemnification hereunder, and Buyer and/or its
members shall be required to make payment to the Seller Indemnitees in respect of such claim to the full extent of such Seller Losses
without reference to or deduction for the $5,000 Threshold up to an aggregate liability cap equal to the value of Cash Consideration
as set out in this Agreement (“Cap”), provided, however, that the Basket and Cap shall not apply
(and Buyer and its members shall be fully liable) in the case of any claims based on fraud, bad faith, criminal conduct, intentional
misrepresentation, or willful misconduct (“Bad Conduct”) or (ii) indemnification under Sections 12(a)(ii) and
12(a)(iii). Notwithstanding anything to the contrary in this Agreement, Seller Indemnitees’ right to indemnification in this Section
12(a) will not apply to the extent that the Seller Losses arise out of or in connection with a Seller Event of Breach.

 

	 	(b)	Indemnification
    by Seller. Seller and each of the Principal Owners, jointly and severally, shall indemnify and save and hold the Buyer, any Affiliate
    of the Buyer and their respective directors, officers, managers, employees, successors, and assigns (the “Buyer Indemnitees”),
    harmless from and against any and all damages, claims, demands, obligations, liabilities, losses, costs, expenses (including all
    reasonable attorneys’ fees and expenses of investigation incurred by the Buyer Indemnitees in any Action or proceeding between
    Seller and the Buyer Indemnitees or between the Buyer Indemnitees and any third party or otherwise), deficiencies, interests, penalties,
    impositions, assessments and/ or fines (collectively, “Buyer Losses”), whether or not in connection with
    a third-party claim, arising out of, resulting from or related to any and/or all of Seller’s Events of Breach.
	 	 	 
	 	(c)	As
    used herein, “Seller’s Events of Breach” shall be and mean any one or more of the following:

 

	 	 	(i)	any
    breach of any representation or warranty made by Seller or the Principal Owners in this Agreement or the other Transaction Documents;
	 	 	 	 
	 	 	(ii)	any
    Seller employee benefit plan in existence prior to the Closing Date, whether such Liability arises before, on or after the Closing
    Date, including, without limitation, unfunded Liabilities, Liability with respect to the termination of any such plan, any retiree
    from employment with Seller, any unfunded Liability under any such plan, or any accrued but unpaid claim under such Seller employee
    benefit plan;
	 	 	 	 
	 	 	(iii)	the
    employment (including the initial hiring and all terms, conditions, and events relating to the ongoing employment prior to the Closing
    Date) or termination of employment (including constructive termination) by Seller of any individual (including without limitation
    the Principal Owners and any current or former employee of Seller), including any compensation due to the Employees or Contractors
    relating to periods ending on or prior to the Closing Date, including, without limitation, severance, salary, commission, bonus,
    incentives, vacation pay or other benefit accruals or any termination liability; and

 

    	 

    	 

    

 

	 	 	(iv)	any
    Liability relating to common law or statutory dissenter’s rights, appraisal rights, or any similar rights of the shareholders
    or owners of Seller,
	 	 	 	 
	 	 	(v)	any
    breach of any covenant or other agreement made by Seller in Section 7(a) or Section 8 of this Agreement,

 

provided,
however, that neither Seller nor the Principal Owners shall be liable to make any payment in respect of a claim for indemnification
in respect of any Seller’s Events of Breach until the aggregate of such Buyer Losses shall exceed $5,000 (“Threshold”).
Once such Buyer Losses shall exceed such $5,000 Threshold (“Basket”), the Buyer Indemnitees shall have the
right to indemnification hereunder, and Seller and/or its members shall be required to make payment to the Buyer Indemnitees in respect
of such claim to the full extent of such Buyer Losses without reference to or deduction for the $5,000 Threshold up to an aggregate liability
cap equal to the Cash Consideration (“Cap”), provided, however, that the Basket and Cap shall
not apply (and Seller and its members shall be fully liable) in the case of any claims based on (i) a breach of any Fundamental Representations,
(ii) fraud, bad faith, criminal conduct, intentional misrepresentation, or willful misconduct (“Bad Conduct”),
or (iii) indemnification under Sections 12(c)(ii) through 12(c)(v).

 

	 	(d)	All
    representations, warranties, covenants and obligations of Buyer, Seller and/or the Principal Owners, and all other agreements or
    instruments contemplated hereby to which Buyer or Seller, or the Principal Owners, is a party shall survive the Closing Date for
    twelve (12) months, except that: (i) all covenants and agreements which by their terms contemplate performance after the Closing
    Date shall survive the Closing for a period of four (4) years, unless specified otherwise by their terms; and (ii) for breaches of
    any Fundamental Representations or Bad Conduct, the survival period shall be four (4) years. Notwithstanding the above, any claim
    for indemnification made in accordance with this Section 12 prior to the expiration of the applicable indemnification period
    set forth in this paragraph shall survive until such matter is resolved. For the avoidance of any doubt, a Buyer’s Claim Notice
    must have been received in accordance with clause 12(g)(i) prior to the expiration of the applicable indemnification period set forth
    in this paragraph in order for the claim to survive the applicable indemnification period.
	 	 	 
	 	(e)	Following
    the Closing, the indemnification afforded by this Section 12 shall be the sole and exclusive remedy of the Buyer Indemnitees
    in respect of claims for Seller’s Events of Breach.

 

	 	(f)	For
    purposes of this Section 12, any inaccuracy in or breach of any representation or warranty shall be determined without regard to
    any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation
    or warranty.
	 	 	 
	 	(g)	Procedures
    for Indemnification by the Seller. 

 

	 	 	(i)	Notice
    of Claims. If a Seller’s Event of Breach occurs or is alleged and a Buyer Indemnitee asserts that Seller has become obligated
    to such Buyer Indemnitee pursuant to Section 12 hereof (“Direct Claim”), or if any suit, Action,
    investigation, claim or proceeding (a “Third Party Proceeding”) is threatened, begun, made or instituted
    by a third party as a result of which Seller may become obligated to a Buyer Indemnitee hereunder, such Buyer Indemnitee shall give
    written notice thereof to Seller which must contain full details of the Direct Claim or Third Party Proceeding then known to the
    Buyer of the events, matters or circumstances giving rise to the claim (the “Buyer’s Claims Notice”).
    The Buyer’s failure or delay in providing the Buyer’s Claim Notice shall not relieve Seller or its obligations under
    this Section except to the extent that Seller is materially prejudiced as a result thereof. If a Buyers’ Event of Breach occurs
    or is alleged and a Seller Indemnitee asserts that Buyer has become obligated to such Seller Indemnitee pursuant to Section 12
    hereof (“Seller Direct Claim”), or if any Third Party Proceeding is threatened, begun, made or instituted
    by a third party as a result of which Buyer may become obligated to a Seller Indemnitee hereunder, such Seller Indemnitee shall give
    written notice thereof to Buyer which must contain full details of the Seller Direct Claim or Third Party Proceeding then known to
    the Seller of the events, matters or circumstances giving rise to the claim (the “Seller’s Claims Notice”).
    The Seller’s failure or delay in providing the Seller’s Claim Notice shall not relieve Buyer or its obligations under
    this Section except to the extent that Buyer is materially prejudiced as a result thereof.

 

    	 

    	 

    

 

	 	 	(ii)	Response
    to Direct Claims. Seller shall have thirty (30) days after receipt of the Buyer’s Claim Notice for a Direct Claim to reject
    or accept the claim as an indemnifiable claim for Buyer Losses under Section 12. If, within thirty (30) days after receipt
    by Seller of such a Buyer’s Claim Notice, Seller delivers notice to the Buyer Indemnitee containing a written objection to
    the claim (or a portion thereof) by the Buyer Indemnitee, stating the nature of and grounds for such objection in reasonable detail,
    then such claim (or portion thereof) shall be deemed to be a “Disputed Claim” and such claim shall be resolved
    in accordance with Section 12. If, within thirty (30) days after actual receipt by Seller’s of the Buyer’s Claim
    Notice for a Direct Claim, Seller delivers notice to the Buyer Indemnitee containing a written acceptance of the claim, (or a portion
    thereof) then such claim (or portion thereof) shall be deemed an indemnifiable claim under this Section 12 (the “Indemnifiable
    Claim”), and Seller will be conclusively deemed to have consented to recovery by the Buyer Indemnitee of the full amount
    of Buyer Losses subject to offset for the Basket in connection with the claim, if applicable.

 

	 	(h)	Dispute
    Resolution. Any disputes arising under this Section 12 shall be resolved as follows: (i) first, the Parties shall attempt
    in good faith for thirty (30) days to resolve the dispute, and (ii) if the dispute remains unresolved after such thirty (30) day
    period, the Parties agree that Section 14(c) will apply.
	 	 	 
	 	(i)	Third
    Party Proceeding. Seller shall have twenty (20) days from receipt of a Buyer’s Claim Notice for a Third Party Proceeding
    to provide the Buyer Indemnitee with notice that it wishes to assume the defense in the Third Party Proceeding and acknowledges liability
    for such damages, in which event the Buyer Indemnitee shall have the right to participate in the defense at its own expense; provided,
    however, that the Buyer Indemnitee is hereby authorized prior to and during such time to file any motion, answer or other
    pleading that it shall deem necessary or appropriate to protect its interests and that is not prejudicial to Seller. If Seller fails
    to give the Buyer Indemnitee timely notice as provided herein, the Buyer Indemnitee shall have the right to defend against such Third
    Party Proceeding. If Seller assumes the defense in a Third Party Proceeding, (i) the Indemnifying Party shall not agree to any settlement,
    compromise or discharge of a Third-Party Claim without the Indemnified Party’s prior written consent; and (ii) the Buyer must
    provide the Seller and the Principal Owners with all reasonable assistance requested by them in relation to the Third Party Proceeding,
    including providing access to witnesses and documentary or other evidence relevant to the Third Party Proceedings, allow them and
    their advisers to inspect and take copies of all relevant books, records, files and documents, and providing them with reasonable
    access to the personnel, premises and chattels of the Seller for the purposes of obtaining information in relation to the Third Party
    Proceeding.
	 	 	 
	 	(j)	If
    the Indemnifying Party does not assume the defense of a Third-Party Claim, the Indemnified Party shall be entitled to undertake any
    settlement, compromise or discharge of such Third-Party Claim without the Indemnifying Party’s prior consent. Notwithstanding
    anything herein to the contrary, Seller and the Principal Owners shall not be entitled to assume control of the defense in a Third
    Party Proceeding, and shall pay the reasonably documented fees and expenses of legal counsel retained by the Buyer Indemnitees if:
    (i) Buyer reasonably believes that an adverse determination of such claim could be detrimental to the Buyer’s business; (ii)
    Buyer reasonably believes that a conflict of interest exists or could reasonably arise which, under applicable principles of legal
    ethics, could prohibit a single legal counsel from representing both the parties in such proceeding, other than a conflict which
    may exist due to the underlying nature of the duty to indemnify; (iii) a court of competent jurisdiction rules that Seller has failed
    or is failing to prosecute or defend such claim; (iv) such claim seeks damages other than monetary damages; or (v) such claim involves
    conduct of the Business both before and after the Closing.

 

	 	(k)	Notwithstanding
    the provisions of Section 12(g), Seller hereby consents to the nonexclusive jurisdiction of any court in which an Action or
    claim in respect of a Third Party Proceeding is brought against any Buyer Indemnitee for purposes of any claim that a Buyer Indemnitee
    may have under this Agreement with respect to such Action or claim or the matters alleged therein and agrees that process may be
    served on Seller with respect to such a claim anywhere in the world.
	 	 	 
	 	(l)	Indemnification
    Binds Successors and Assigns. All of the indemnification rights of the Buyer and obligations of Seller arising pursuant to this
    Section 12 shall apply to and bind each and every successor and assign of Buyer and Seller.
	 	 	 
	 	(m)	Dispute
    Resolution Costs. Each Party shall bear all its own costs of any court Action or other dispute resolution proceeding hereunder,
    including without limitation, the fees and expenses of its own legal counsel and other filing fees and expenses of such Party for
    such proceeding.

 

    	 

    	 

    

 

	13.	Termination.

 

	 	(a)	Conditions
    of Termination. Notwithstanding anything to the contrary contained herein, this Agreement may be terminated at any time before
    the Closing:

 

	 	 	(i)	By
    mutual consent of Seller and Buyer;
	 	 	 	 
	 	 	(ii)	By
    either Seller or Buyer if the other Party shall have breached this Agreement in any material respect and such breach continues for
    a period of ten (10) days after the receipt of written notice of the breach from the non-breaching Party; or

 

	 	(b)	Effect
    of Termination. If this Agreement is terminated in accordance with Section 13 hereof, this Agreement shall become null
    and void and have no effect, with no liability on the part of Seller or Buyer, or their Affiliates and their respective directors,
    managers, officers, agents, members or shareholders, except for the obligations set forth in this Section 13, Section 11,
    which shall survive any termination; and provided, however, that notwithstanding the foregoing, nothing herein
    and no termination hereof shall relieve any Party from liability for any breach of any of its representations, warranties, covenants
    or agreements set forth in this Agreement which arise prior to termination.

 

	14.	Miscellaneous.

 

	 	(a)	Successors
    and Assigns. Any Party hereto may assign this Agreement or any rights or obligations hereunder without the prior written consent
    of the other Parties hereto; provided that this Agreement shall inure to the benefit of and shall be binding upon the successors
    and assigns of the Parties hereto.
	 	 	 
	 	(b)	Governing
    Law; Jurisdiction. This Agreement shall be construed, performed and enforced in accordance with, and governed by, the laws of
    the State of New York, United States, without giving effect to the principles of conflicts of laws thereof.
	 	 	 
	 	(c)	Dispute
    Resolution. Subject to Section 3(c)(iii), any dispute or Action arising in connection with this Agreement shall be referred to
    and finally resolved under the then applicable rules of the Singapore International Arbitration Centre (SIAC) , which SIAC
    Rules are deemed to be incorporated by reference into this clause. There shall be 3 (three) arbitrators. The seat of the arbitration
    shall be Singapore. The language to be used in the arbitral proceedings shall be English.
	 	 	 
	 	(d)	Expenses.
    Except as otherwise provided herein, each of the Parties hereto shall pay all its own expenses in connection with this Agreement
    and the transactions contemplated hereby, including, without limitation, any legal and accounting fees, whether or not the transactions
    contemplated hereby are consummated. Buyer shall be responsible for and shall pay all applicable state and local sales, transfer,
    excise, value-added or other similar Taxes, and all recording and filing fees that may be imposed by reason of the Share Purchase
    (collectively, the “Transfer Taxes”). Each party agrees to cooperate with such other party in the timely
    completion, execution and filing of any documentation required by any local, state, federal or other Tax authority in connection
    with the Transfer Taxes, including any documentation as may be requested to establish an exemption from (or otherwise reduce) or
    make a report with respect to the Transfer Taxes.
	 	 	 
	 	(e)	Goods
    and Services Tax.

 

	 	 	(i)	In
    this Section 14(e), the expressions Input Tax Credit, Supply, Tax Invoice, Recipient and Taxable Supply
    have the meanings given to those expressions in the GST Act.
	 	 	 	 
	 	 	(ii)	With
    the exception of any amount payable under this Section 14(e), unless otherwise expressly stated, all amounts stated to be payable
    in this Agreement are exclusive of GST.
	 	 	 	 
	 	 	(iii)	If
    GST is imposed on any Supply made under or in accordance with this Agreement, the Recipient of the Taxable Supply must pay to the
    Supplier an additional amount equal to the GST payable on or for the Taxable Supply. Payment of the additional amount will be made
    at the same time as payment for the Taxable Supply is required to be made in accordance with this Agreement, subject to the provision
    of a Tax Invoice.
	 	 	 	 
	 	 	(iv)	If
    this Agreement requires a party to pay for, reimburse or contribute to any expense, loss, indemnity or outgoing (Reimbursable
    Expense) suffered or incurred by another party, the amount required to be paid, reimbursed or contributed by the first party
    will be the sum of:

 

	 	 	 	(1)	the
    amount of the Reimbursable Expense less the Input Tax Credits (if any) to which the other party is entitled in respect of the Reimbursable
    Expense; and
	 	 	 	 	 
	 	 	 	(2)	if
    the other party’s recovery from the first party is a Taxable Supply, any GST payable in respect of that Supply.

 

	 	(f)	Severability.
    In the event that any part of this Agreement is declared by any court or other judicial or administrative body to be null, void or
    unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of this Agreement
    shall remain in full force and effect.

 

    	 

    	 

    

 

	 	(g)	Notices.
    All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been
    duly given (i) on the date of service if served personally on the Party to whom notice is to be given, or (ii) on the day of delivery
    by Federal Express or similar overnight courier or the Express Mail service maintained by the U.S. Postal Service, to the Party as
    follows:

 

	 	If
    to Seller or any Principal Owner: 	 
	 	 	 
	 	 	NomadChoice
    Pty Limited trading as Flat Tummy Tea
	 	 	LVI
    330 Churchill Ave.
	 	 	Subiaco
    WA 6008 Australia
	 	 	 
	 	Copy
    to:	Steinepreis
    Paganin
	 	 	Level
    4, the Read Buildings
	 	 	16
    Milligan Street
	 	 	Perth,
    WA 6000 Australia
	 	 	 
	 	If
    to Buyer:	Synergy
    CHC Corp.
	 	 	865
    Spring Street
	 	 	Westbrook,
    ME 04092
	 	 	Attn:
    President
	 	 	 
	 	Copy
    to:	Wyrick
    Robbins Yates & Ponton LLP
	 	 	4101
    Lake Boone Trail, Suite 300
	 	 	Raleigh,
    North Carolina 27607
	 	 	Attention:
    W. David Mannheim

 

Any
Party may change its address for the purpose of this Section by giving the other Party written notice of its new address in the manner
set forth above.

 

	 	(h)	Amendments;
    Waivers. This Agreement may be amended or modified, and any of the terms, covenants, representations, warranties or conditions
    hereof may be waived, only by a written instrument executed by the Parties hereto, or in the case of a waiver, by the Party waiving
    compliance. Any waiver by any Party of any condition, or of the breach of any provision, term, covenant, representation or warranty
    contained in this Agreement, in any one or more instances, shall not be deemed to be nor construed as further or continuing waiver
    of any such condition, or of the breach of any other provision, term, covenant, representation or warranty of this Agreement.

 

	 	 	(i)	Public
    Announcements. Seller shall not make any public statement regarding this Agreement or the transactions contemplated herein without
    Buyer’s prior written approval. Buyer shall provide a copy of any public statement to Seller prior to the information being
    made public.
	 	 	 	 
	 	 	(ii)	Entire
    Agreement. This Agreement, the exhibits and schedules hereto contains the entire understanding between the Parties hereto with
    respect to the transactions contemplated hereby and thereby and supersede and replace all prior agreements and understandings, oral
    or written, with regard to such transactions. All schedules and exhibits hereto and any documents and instruments delivered pursuant
    to any provision hereof are expressly incorporated herein and made a part of this Agreement as fully as though completely set forth
    herein. This Agreement shall only be binding on the Parties hereto upon execution and delivery of this Agreement by each of the Parties.
	 	 	 	 
	 	 	(iii)	Parties
    in Interest. Nothing in this Agreement is intended to confer any rights or remedies under or by reason of this Agreement on any
    persons other than Seller and Buyer and their respective successors and permitted assigns. Nothing in this Agreement is intended
    to relieve or discharge the obligations or liability of any third persons to Seller or Buyer. No provision of this Agreement shall
    give any third persons any right as a third party beneficiary of this Agreement or provide any right of subrogation or Action over
    or against Seller or Buyer.
	 	 	 	 
	 	 	(iv)	Section
    and Paragraph Headings. The section and paragraph headings in this Agreement are for reference purposes only and shall not affect
    the meaning or interpretation of this Agreement.
	 	 	 	 
	 	 	(v)	Counterparts.
    This Agreement may be executed in counterparts and via .pdf, each of which shall be deemed an original, but all of which shall constitute
    the same instrument.
	 	 	 	 
	 	 	(vi)	Fulfillment
    of Obligations. Any obligation of any Party to any other Party under this Agreement, which obligation is performed, satisfied
    or fulfilled by an Affiliate of such Party, shall be deemed to have been performed, satisfied, or fulfilled by such Party.

 

    	 

    	 

    

 

	 	 	(vii)	Remedies.
    Except as expressly provided in this Agreement, any Person having any rights under any provision of this Agreement, including, without
    limitation, Section 8, shall be entitled to enforce such rights specifically (without posting a bond or other security), to
    require: (i) Seller and their respective Affiliates to account for and pay over to Buyer; and (ii) Buyer and its respective Affiliates
    to account for and pay over to Seller, all payments, profits, monies, accruals, increments or other benefits derived by such party
    by reason of any breach of any provision of this Agreement, to recover damages and to exercise all other rights granted by Laws.
    Except as expressly provided in this Agreement, all such rights and remedies shall be cumulative and non-exclusive, and may be exercised
    singularly or concurrently. The Parties acknowledge that any breach of this Agreement may cause substantial irreparable harm to the
    other Party. Therefore, this Agreement may be enforced in equity by specific performance, temporary restraining order and/or injunction.
    The rights to such equitable remedies shall be in addition to all other rights or remedies which a Party may have under this Agreement
    or under applicable law.
	 	 	 	 
	 	 	(viii)	Further
    Actions. In case at any time after the Closing any further action is necessary to carry out the purposes of this Agreement, each
    of the Parties shall take such further action (including the execution and delivery of such further instruments and documents) as
    any other Party reasonably may request, all at the sole cost and expense of the requesting Party (unless the requesting Party is
    entitled to indemnification therefore under Section 12).

 

[Signature
page follows]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized
as of the date first above written.

 

	EXECUTED
    by TPR INVESTMENTS

    PTY LIMITED

    ACN 128 396 654 AS TRUSTEE FOR

    THE POLMEAR FAMILY TRUST

    in accordance with section 127 of the

    Corporations Act 2001 (Cth):	)

    )

    )

    )	 

 

	/s/
    Tim Polmear	 
	Signature
    of director	 
	 	 
	Tim
    Polmear	 
	Name
    of director	 

 

*please
delete as applicable

 

	EXECUTED
    by NOMADCHOICE PTY

    LIMITED

    ACN 160 729 939

    in accordance with section 127 of the

    Corporations Act 2001 (Cth):	)

    )

    )

    )	 

 

	/s/
    Timothy Polmear	 
	Signature
    of director	 
	 	 
	Timothy
    Polmear	 
	Name
    of director	 

 

[Signature
Page to Stock Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED
    by TIMOTHY POLMEAR

    in the presence of:	)

    )

    )	 
	 	 	 
	/s/
    Matthew Hawtin	 	/s/
    Timothy Polmear
	Signature
    of witness	 	Signature
	 	 	 
	Matthew
    Hawtin	 	 
	Name
    of witness	 	 

 

	SIGNED
    by REBECCA POLMEAR

    in the presence of:	)

    )

    )	 
	 	 	 
	/s/
    Matthew Hawtin	 	/s/
    Rebecca Polmear
	Signature
    of witness	 	Signature
	 	 	 
	Matthew
    Hawtin	 	 
	Name
    of witness	 	 

 

	 	SYNERGY
    CHC CORP.
	 	 	 
	 	By:	/s/
    Jack Ross
	 	Name: 	Jack
    Ross
	 	Title:	Chief
    Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00335-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00335-of-00352.parquet"}]]