Document:

Exhibit 10.3

 

This
Amended and Restated Loan Agreement (this “Agreement”) is reaffirmed on December 13, 2019 by and between 2490585 Ontario
Inc., an Ontario corporation (“Lender”), and Slinger Bag Americas Inc.., a Delaware corporation (together with its
affiliates, “Borrower”).

 

WHEREAS,
Borrower required an infusion of U.S. $500,000 in cash (the “Loan”) in order to finance its operations and Lender
wished to provide the Loan, subject to the terms and on the conditions of this Agreement;

 

AND
WHEREAS, Borrower and Lender wish to reaffirm the terms of repayment relating to the Loan;

 

Now,
therefore, in consideration of the premises and the mutual covenants and agreements of the Parties hereinafter set forth,
it is hereby agreed by and between the Parties hereto as follows:

 

1.
Loan. Lender hereby affirms that it loaned
$500,000 USD to the Borrower on October 1, 2019 by wiring the same in accordance with instructions provided by the Borrower. Borrower
accepted $500,000 as a loan to be repaid either (a) out of available cash as soon as practicable in the reasonable opinion of
both the Lender and the Borrower or (b) on July 15, 2020, whichever is earlier. The Loan shall bear interest at a rate of one
percent (1%) per month (i.e., 12% per annum) on the outstanding amount until repaid in full. Any payment of cash to be made by
Borrower to Lender shall be applied first to accrued, but unpaid, interest and second to the outstanding principal.

 

2.
Dividends or Distributions. The Parties
agree that Borrower shall not be permitted to declare, make or pay any dividend or distribution unless and until the Loan is repaid
in full.

 

3.
Costs and Fees. Each Party will bear its
own costs in connection with the entry into this Agreement and any payments to be made or received hereunder.

 

4.
Amendments and Assignments. This Agreement
may not be amended or assigned without the written consent of all Parties.

 

5.
Further Assurances. Each party hereto
agrees to execute, on request, all other documents and instruments as the other party shall reasonably request, and to take any
actions, which are reasonably required or desirable to carry out obligations imposed under, and affect the purposes of, this Agreement.

 

6.
Governing Law and Jurisdiction. This Agreement
shall be governed by the substantive law of the State of New York, without application of any conflict of laws principle that
would require the application of the law of any other jurisdiction

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Amended and Restated Loan Agreement this 13th day of December, 2019.

 

Slinger
Bag Americas Inc.

 

	Per:	 	 

 

	Mike Ballardie	 
	Chief Executive Officer	 
	I have authority
    to bind the corporation	 

 

Agreed
and accepted:

 

2490585
Ontario Inc.

 

	Per:	 	 

 

	Elisha Kalfa - Director	 
	
        I have authority to bind
the corporationExhibit
10.4

 

This
Amended and Restated Loan Agreement (this “Agreement”) is reaffirmed on December 13, 2019 by and between 2490585 Ontario
Inc., an Ontario corporation (“Lender”), and Slinger Bag Americas Inc.., a Delaware corporation (together with its
affiliates, “Borrower”).

 

WHEREAS,
Borrower required an infusion of U.S. $500,000 in cash (the “Loan”) in order to finance its operations and Lender
wished to provide the Loan, subject to the terms and on the conditions of this Agreement;

 

AND
WHEREAS, Borrower and Lender wish to reaffirm the terms of repayment relating to the Loan;

 

Now,
therefore, in consideration of the premises and the mutual covenants and agreements of the Parties hereinafter set forth,
it is hereby agreed by and between the Parties hereto as follows:

 

1.
Loan. Lender hereby affirms that it loaned $500,000 USD to the Borrower on December 3, 2019 by wiring the same in accordance
with instructions provided by the Borrower. Borrower accepted $500,000 as a loan to be repaid either (a) out of available cash
as soon as practicable in the reasonable opinion of both the Lender and the Borrower or (b) on July 15, 2020, whichever is earlier.
The Loan shall bear interest at a rate of two percent (2%) per month (i.e., 24% per annum) on the outstanding amount until repaid
in full. Any payment of cash to be made by Borrower to Lender shall be applied first to accrued, but unpaid, interest and second
to the outstanding principal.

 

2.
Dividends or Distributions. The Parties agree that Borrower shall not be permitted to declare, make or pay any dividend
or distribution unless and until the Loan is repaid in full.

 

3.
Costs and Fees. Each Party will bear its own costs in connection with the entry into this Agreement and any payments to
be made or received hereunder.

 

4.
Amendments and Assignments. This Agreement may not be amended or assigned without the written consent of all Parties.

 

5.
Further Assurances. Each party hereto agrees to execute, on request, all other documents and instruments as the other party
shall reasonably request, and to take any actions, which are reasonably required or desirable to carry out obligations imposed
under, and affect the purposes of, this Agreement.

 

6.
Governing Law and Jurisdiction. This Agreement shall be governed by the substantive law of the State of New York, without
application of any conflict of laws principle that would require the application of the law of any other jurisdiction

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Amended and Restated Loan Agreement this 13th day of December, 2019.

 

	Slinger Bag Americas Inc.	 
	 		 
	Per:		 
	 	Mike
    Ballardie	 
	 	Chief
    Executive Officer	 
	 	I
    have authority to bind the corporation	 
	 	 	 
	 	Agreed
and accepted:
	 
	 	 	 
	 	2490585
Ontario Inc.
	 
	 	 	 
	Per:	 	 
	 	Elisha
    Kalfa - Director	 
	 	 	 
	 	I
    have authority to bind the corporationExhibit
10.5

 

This
Loan Agreement (this “Agreement”) is made on December 11, 2019 by and between 2490585 Ontario Inc., an Ontario corporation
(“Lender”), and Slinger Bag Americas Inc.., a Delaware corporation (together with its affiliates, “Borrower”).

 

WHEREAS,
Borrower requires an infusion of U.S. $700,000 in cash (the “Loan”) in order to finance its operations and Lender
wishes to provide the Loan, subject to the terms and on the conditions of this Agreement;

 

Now,
therefore, in consideration of the premises and the mutual covenants and agreements of the Parties hereinafter set forth,
it is hereby agreed by and between the Parties hereto as follows:

 

1.
 Loan. Lender hereby agrees to lend SEVEN HUNDRED THOUSAND ($700,000) USD in immediately available funds to the Borrower
on December 11, 2019 by wiring the same in accordance with instructions to be provided by the Borrower separately. Borrower agrees
to accept $700,000 as a loan to be repaid either (a) out of available cash as soon as practicable in the reasonable opinion of
both the Lender and the Borrower or (b) on July 15, 2020, whichever is earlier. The Loan shall bear interest at a rate of two
percent (2%) per month (i.e., 24% per annum) on the outstanding amount until repaid in full. Any payment of cash to be made by
Borrower to Lender shall be applied first to accrued, but unpaid, interest and second to the outstanding principal.

 

2.
 Dividends or Distributions. The Parties agree that Borrower shall not be permitted to declare, make or pay any dividend
or distribution unless and until the Loan is repaid in full.

 

3.
 Costs and Fees. Each Party will bear its own costs in connection with the entry into this Agreement and any payments to
be made or received hereunder.

 

4.
 Amendments and Assignments. This Agreement may not be amended or assigned without the written consent of all Parties.

 

5.
 Further Assurances. Each party hereto agrees to execute, on request, all other documents and instruments as the other party
shall reasonably request, and to take any actions, which are reasonably required or desirable to carry out obligations imposed
under, and affect the purposes of, this Agreement.

 

6.
 Governing Law and Jurisdiction. This Agreement shall be governed by the substantive law of the State of New York, without
application of any conflict of laws principle that would require the application of the law of any other jurisdiction

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

 

	Slinger Bag Americas Inc.
	 	 	 
	Per:		 

      

Mike Ballardie 

Chief Executive Officer  

I have authority to bind the corporation  

 

	Agreed and accepted:	 
	 	 	 
	2490585 Ontario Inc.	 
	 	              	 
	Per:		 
			 
	Elisha Kalfa - Director	 
	I have authority to bind the
    corporationExhibit
10.6

 

This
Loan Agreement (this “Agreement”) is made on January 6, 2020 by and between 2490585 Ontario Inc., an Ontario
corporation (“Lender”), and Slinger Bag Americas Inc.., a Delaware corporation (together with its affiliates,
“Borrower”).

 

WHEREAS,
Borrower requires a further infusion of U.S. $200,000 in cash (the “Loan”) in order to finance its operations and
Lender wishes to provide the Loan, subject to the terms and on the conditions of this Agreement;

 

Now,
therefore, in consideration of the premises and the mutual covenants and agreements of the Parties hereinafter set forth,
it is hereby agreed by and between the Parties hereto as follows:

 

1.
Loan. Lender hereby agrees to lend TWO HUNDRED THOUSAND ($200,000) USD in immediately available funds to the Borrower
on January 8, 2020 by wiring the same in accordance with instructions to be provided by the Borrower separately. Borrower agrees
to accept $200,000 as a loan to be repaid either (a) out of available cash as soon as practicable in the reasonable opinion of
both the Lender and the Borrower or (b) on January 8, 2021, whichever is earlier. The Loan shall bear interest at a rate of two
percent (2%) per month (i.e., 24% per annum) on the outstanding amount until repaid in full. Any payment of cash to be made by
Borrower to Lender shall be applied first to accrued, but unpaid, interest and second to the outstanding principal.

 

2.
Dividends or Distributions. The Parties agree that Borrower shall not be permitted to declare, make or pay any dividend
or distribution unless and until the Loan is repaid in full.

 

3.
Costs and Fees. Each Party will bear its own costs in connection with the entry into this Agreement and any payments to
be made or received hereunder.

 

4.
Amendments and Assignments. This Agreement may not be amended or assigned without the written consent of all Parties.

 

5.
Further Assurances. Each party hereto agrees to execute, on request, all other documents and instruments as the other party
shall reasonably request, and to take any actions, which are reasonably required or desirable to carry out obligations imposed
under, and affect the purposes of, this Agreement.

 

6.
Governing Law and Jurisdiction. This Agreement shall be governed by the substantive law of the State of New York, without
application of any conflict of laws principle that would require the application of the law of any other jurisdiction

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

 

Slinger
Bag Americas Inc.

 

	Per:	
	Mike
    	Ballardie
	Chief
    Executive Officer	 
	I
    have authority to bind the corporation	 

 

Agreed
and accepted:

 

2490585
Ontario Inc. 

	Per:	
	Elisha
    Kalfa - Director	 
	I
    have authority to bind the corporation

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