Document:

Exhibit
10.2 

  

NEITHER
THIS NOTE NOR THE SECURITIES THAT ARE ISSUABLE TO THE HOLDER UPON CONVERSION HEREOF (COLLECTIVELY, THE “SECURITIES”)
HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR THE SECURITIES LAWS OF ANY
STATE OR OTHER JURISDICTION. NEITHER THE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED: (I) IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE 1933 ACT OR APPLICABLE STATE
SECURITIES LAWS; OR (II) IN THE ABSENCE OF AN OPINION OF COUNSEL, IN A FORM REASONABLY ACCEPTABLE TO THE ISSUER, THAT REGISTRATION
IS NOT REQUIRED UNDER THE 1933 ACT OR; (III) UNLESS SOLD, TRANSFERRED OR ASSIGNED PURSUANT TO RULE 144 UNDER THE 1933 ACT.

 

BY
ACCEPTING THIS OBLIGATION, THE HOLDER REPRESENTS AND WARRANTS THAT IT IS NOT A UNITED STATES PERSON (OTHER THAN AN EXEMPT RECIPIENT
DESCRIBED IN SEC 6049(B)(4) OF THE INTERNAL REVENUE CODE AND REGULATIONS THEREUNDER) AND THAT IT IS NOT ACTING FOR OR ON BEHALF
OF A UNITES STATES PERSON (OTHER THAN AN EXEMPT RECIPIENT DESCRIBED IN SEC. 6049(B)(4) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS
THEREUNDER).

 

REVOLVING
NOTE

 

	$300,000.00	Issuance
    Date: as of June 28, 2013
	 	Effective
    Date: as of July 22, 2013
	 	Maturity
    Date: January 22, 2014

 

FOR
VALUE RECEIVED, WILD CRAZE, INC., a Nevada corporation (the “Issuing Borrower”), WILD CREATIONS,
INC., a Nevada corporation, and SNAPTAGZ, LLC, a Delaware limited liability company, whose address is 17 State Street,
22nd Floor, New York, New York 10004 (each of the foregoing, including the Issuing Borrower, hereinafter sometimes
individually referred to as a “Borrower” and all such entities sometimes hereinafter collectively referred
to as “Borrowers”), jointly, severally and collectively, promise to pay to the order of TCA GLOBAL
CREDIT MASTER FUND, LP (hereinafter, together with any holder hereof, “Lender”), whose address is
1404 Rodman Street, Hollywood, Florida 33020, on or before January 22, 2014 (the “Revolving Loan Maturity Date”),
the lesser of: (i) THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($300,000.00); or (ii) the aggregate principal amount of all Revolving
Loans outstanding under and pursuant to that certain Credit Agreement dated as of June 28, 2013, but made effective as of July
22, 2013, executed by and among Borrowers and Lender, as amended from time to time (as amended, supplemented or modified from
time to time, the “Credit Agreement”), and made available by Lender to Borrowers at the maturity or
maturities and in the amount or amounts stated on the records of Lender, together with interest (computed on the actual number
of days elapsed on the basis of a 360 day year) on the aggregate principal amount of all Revolving Loans outstanding from time
to time, as provided in the Credit Agreement. Capitalized words and phrases not otherwise defined herein shall have the meanings
assigned thereto in the Credit Agreement.

 

    	 

    	 

    

 

This
Revolving Note (“Note”) evidences the Revolving Loans incurred by Borrowers under and pursuant to the
Credit Agreement, to which reference is hereby made for a statement of the terms and conditions under which the Revolving Loan
Maturity Date or any payment hereon may be accelerated. The holder of this Note is entitled to all of the benefits and security
provided for in the Credit Agreement and the Security Agreement, of even date herewith, executed by and between Borrowers and
Lender. All Revolving Loans shall be repaid by Borrowers on the Revolving Loan Maturity Date, unless payable sooner pursuant to
the provisions of the Credit Agreement.

 

Principal
and interest shall be paid to Lender as set forth in the Credit Agreement, or at such other place as the holder of this Note shall
designate in writing to Borrowers. Each Revolving Loan made by Lender, and all payments on account of the principal and
interest thereof shall be recorded on the books and records of Lender and the principal balance as shown on such books and records,
or any copy thereof certified by an officer of Lender, shall be rebuttably presumptive evidence of the principal amount owing
hereunder.

 

Except
for such notices as may be required under the terms of the Credit Agreement, each Borrower waives presentment, demand, notice,
protest, and all other demands, or notices, in connection with the delivery, acceptance, performance, default, or enforcement
of this Note, and assents to any extension or postponement of the time of payment or any other indulgence.

 

Borrowers
shall be solely responsible for the payment of any and all documentary stamps and other taxes applicable to the full face amount
of this Note.

 

The
Revolving Loans evidenced hereby have been made and/or issued and this Note has been delivered at Lender’s main office set
forth above. This Note shall be governed and construed in accordance with the laws of the State of Nevada, in which state it shall
be performed, and shall be binding upon Borrowers and their legal representatives, successors, and assigns. Wherever possible,
each provision of the Credit Agreement and this Note shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of the Credit Agreement or this Note shall be prohibited by or be invalid under such law, such provision
shall be severable, and be ineffective to the extent of such prohibition or invalidity, without invalidating the remaining provisions
of the Credit Agreement or this Note.

 

Nothing
herein contained, nor in any instrument or transaction relating hereto, shall be construed or so operate as to require any Borrower,
or any person liable for the payment of this Note, to pay interest in an amount or at a rate grater than the highest rate permissible
under applicable law. By acceptance hereof, Lender hereby warrants and represents to Borrowers that Lender has no intention of
charging a usurious rate of interest. Should any interest or other charges paid by Borrowers, or any parties liable for the payments
made pursuant to this Note, result in the computation or earning of interest in excess of the highest rate permissible under applicable
law, any and all such excess shall be and the same is hereby waived by the holder hereof. Lender shall make adjustments in the
Note or Credit Agreement, as applicable, as necessary to ensure that Borrowers will not be required to pay further interest in
excess of the amount permitted by applicable law. All such excess shall be automatically credited against and in reduction of
the outstanding principal balance. Any portion of such excess which exceeds the outstanding principal balance shall be paid by
the holder hereof to the Lender and any parties liable for the payment of this Note, it being the intent of the parties hereto
that under no circumstances shall Borrowers, or any party liable for the payments hereunder, be required to pay interest in excess
of the highest rate permissible under applicable law.

 

    	2

    	 

    

 

THE
HOLDER IS A NON-U.S. PERSON AS THAT TERM IS DEFINED IN THE UNITED STATES INTERNAL REVENUE CODE. IT IS HEREBY AGREED AND UNDERSTOOD
THAT THE OBLIGATIONS HEREUNDER MAY BE SOLD OR RESOLD ONLY TO NON-U.S. PERSONS. THE INTEREST PAYABLE HEREUNDER IS PAYABLE ONLY
OUTSIDE THE UNITED STATES. ANY U.S. PERSON WHO HOLDS THIS OBLIGATION WILL BE SUBJECT TO LIMITATIONS UNDER THE UNITED STATES INCOME
TAX LAW.

 

Conversion
of Note. At any time and from time to time while this Note is outstanding, but only upon the occurrence of an Event of Default
under the Credit Agreement or any other Loan Documents, this Note may be, at the sole option of the Lender, convertible into shares
of the common stock, par value $0.001 per share (the “Common Stock”) of Issuing Borrower, in accordance
with the terms and conditions set forth below.

 

(a)
Voluntary Conversion. At any time while this Note is outstanding, but only upon the occurrence of an Event of Default under
the Credit Agreement or any other Loan Documents, the Lender may convert all or any portion of the outstanding principal, accrued
and unpaid interest, and any other sums due and payable hereunder or under the Credit Agreement (such total amount, the “Conversion
Amount”) into shares of Common Stock of the Issuing Borrower (the “Conversion Shares”)
at a price equal to: (i) the Conversion Amount (the numerator); divided by (ii) eighty-five percent (85%) of the lowest
of the daily volume weighted average price of the Issuing Borrower’s Common Stock during the five (5) Business Days immediately
prior to the Conversion Date, which price shall be indicated in the conversion notice (in the form attached hereto as Exhibit
“A”, the “Conversion Notice”) (the denominator) (the “Conversion Price”).
The Lender shall submit a Conversion Notice indicating the Conversion Amount, the number of Conversion Shares issuable upon such
conversion, and where the Conversion Shares should be delivered.

 

(b)
The Lender’s Conversion Limitations. The Issuing Borrower shall not effect any conversion of this Note, and the Lender
shall not have the right to convert any portion of this Note, to the extent that after giving effect to the conversion set forth
on the Conversion Notice submitted by the Lender, the Lender (together with the Lender’s Affiliates and any Persons acting
as a group together with the Lender or any of the Lender’s Affiliates) would beneficially own shares of Common Stock in
excess of the Beneficial Ownership Limitation (as defined herein). To ensure compliance with this restriction, prior to delivery
of any Conversion Notice, the Lender shall have the right to request that the Issuing Borrower provide to the Lender a written
statement of the percentage ownership of the Issuing Borrower’s Common Stock that would be beneficially owned by the Lender
and its Affiliates in the Issuing Borrower if the Lender converted such portion of this Note then intended to be converted by
Lender. The Issuing Borrower shall, within five (5) Business Days of such request, provide Lender with the requested information
in a written statement, and the Lender shall be entitled to rely on such written statement from the Issuing Borrower in issuing
its Conversion Notice and ensuring that its ownership of the Issuing Borrower’s Common Stock is not in excess of the Beneficial
Ownership Limitation. The restriction described in this Section may be waived by Lender, in whole or in part, upon notice
from the Lender to the Issuing Borrower to increase such percentage.

 

    	3

    	 

    

 

For
purposes of this Note, the “Beneficial Ownership Limitation” shall be 4.99% of the number of shares
of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion
of this Note. The limitations contained in this Section shall apply to a successor holder of this Note. For purposes of this Note,
“Person” means an individual, a limited liability company, a partnership, a joint venture, a
corporation, a trust, an unincorporated organization or a government or any department or agency thereof.

 

(c)
Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner:

 

(1)
To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Lender (the “Conversion
Date”), the Lender shall transmit by facsimile or electronic mail (or otherwise deliver) a copy of the fully executed
Conversion Notice to the Issuing Borrower (or, under certain circumstances as set forth below, by delivery of the Conversion Notice
to the Issuing Borrower’s transfer agent).

 

(2)
Borrower’s Response. Upon receipt by the Issuing Borrower of a copy of a Conversion Notice, the Issuing Borrower
shall as soon as practicable, but in no event later than five (5) Business Days after receipt of such Conversion Notice,
send, via facsimile or electronic mail (or otherwise deliver) a confirmation of receipt of such Conversion Notice (the “Conversion
Confirmation”) to the Lender indicating that the Issuing Borrower will process such Conversion Notice in
accordance with the terms herein. In the event the Issuing Borrower fails to issue its Conversion Confirmation within said five
(5) Business Day time period, the Lender shall have the absolute and irrevocable right and authority to deliver the fully executed
Conversion Notice to the Issuing Borrower’s transfer agent, and pursuant to the terms of the Credit Agreement, the Issuing
Borrower’s transfer agent shall issue the applicable Conversion Shares to Lender as hereby provided. Within five (5) Business
Days after the date of the Conversion Confirmation (or the date of the Conversion Notice, if the Issuing Borrower fails to issue
the Conversion Confirmation), provided that the Issuing Borrower’s transfer agent is participating in the Depository Trust
Borrower (“DTC”) Fast Automated Securities Transfer (“FAST”) program, the
Issuing Borrower shall cause the transfer agent to (or, if for any reason the Issuing Borrower fails to instruct or cause its
transfer agent to so act, then pursuant to the Credit Agreement, the Lender may request and require the Issuing Borrower’s
transfer agent to) electronically transmit the applicable Conversion Shares to which the Lender shall be entitled by crediting
the account of the Lender’s prime broker with DTC through its Deposit Withdrawal Agent Commission (“DWAC”)
system, and provide proof satisfactory to the Lender of such delivery. In the event that the Issuing Borrower’s transfer
agent is not participating in the DTC FAST program and is not otherwise DWAC eligible, within five (5) Business Days after the
date of the Conversion Confirmation (or the date of the Conversion Notice, if the Issuing Borrower fails to issue the Conversion
Confirmation), the Issuing Borrower shall instruct and cause its transfer agent to (or, if for any reason the Issuing Borrower
fails to instruct or cause its transfer agent to so act, then pursuant to the Credit Agreement, the Lender may request and require
the Issuing Borrower’s transfer agent to) issue and surrender to a nationally recognized overnight courier for delivery
to the address specified in the Conversion Notice, a certificate, registered in the name of the Lender, or its designees, for
the number of Conversion Shares to which the Lender shall be entitled. To effect conversions hereunder, the Lender shall not be
required to physically surrender this Note to the Issuing Borrower unless the entire principal amount of this Note, plus all accrued
and unpaid interest thereon, has been so converted. Conversions hereunder shall have the effect of lowering the outstanding principal
amount of this Note in an amount equal to the applicable conversion. The Lender and the Issuing Borrower shall maintain records
showing the principal amount(s) converted and the date of such conversion(s). The Lender, and any assignee by acceptance of
this Note, acknowledge and agree that, by reason of the provisions of this paragraph, following conversion of a portion of this
Note, the unpaid and unconverted principal amount of this Note may be less than the amount stated on the face hereof. 

 

    	4

    	 

    

 

(3)
Record Lender. The Person(s) entitled to receive the shares of Common Stock issuable upon a conversion of this Note shall
be treated for all purposes as the record holder(s) of such shares of Common Stock as of the Conversion Date.

 

(4)
Failure to Deliver Certificates. If in the case of any Conversion Notice, the certificate or certificates are not delivered
to or as directed by the Lender by the date required hereby, the Lender shall be entitled to elect by written notice to the Issuing
Borrower at any time on or before its receipt of such certificate or certificates, to rescind such Conversion Notice, in which
event the Issuing Borrower shall promptly return to the Lender any original Note delivered to the Issuing Borrower and the Lender
shall promptly return to the Issuing Borrower the Common Stock certificates representing the principal amount of this Note unsuccessfully
tendered for conversion to the Issuing Borrower.

 

(5)
Obligation Absolute; Partial Liquidated Damages. The Issuing Borrower’s obligations to issue and deliver the Conversion
Shares upon conversion of this Note in accordance with the terms hereof are absolute and unconditional, irrespective of any action
or inaction by the Lender to enforce the same, any waiver or consent with respect to any provision hereof, the recovery of any
judgment against any person or entity or any action to enforce the same, or any setoff, counterclaim, recoupment, limitation or
termination, or any breach or alleged breach by the Lender or any other person or entity of any obligation to the Issuing Borrower
or any violation or alleged violation of law by the Lender or any other person or entity, and irrespective of any other circumstance
which might otherwise limit such obligation of the Issuing Borrower to the Lender in connection with the issuance of such Conversion
Shares; provided, however, that such delivery shall not operate as a waiver by the Issuing Borrower of any such
action the Issuing Borrower may have against the Lender. In the event the Lender of this Note shall elect to convert any or all
of the outstanding principal amount hereof and accrued but unpaid interest thereon in accordance with the terms of this Note,
the Issuing Borrower may not refuse conversion based on any claim that the Lender or anyone associated or affiliated with the
Lender has been engaged in any violation of law, agreement or for any other reason, unless an injunction from a court, on notice
to Lender, restraining and or enjoining conversion of all or part of this Note shall have been sought and obtained, and the Issuing
Borrower posts a surety bond for the benefit of the Lender in the amount of 150% of the outstanding principal amount of this Note,
which is subject to the injunction, which bond shall remain in effect until the completion of arbitration/litigation of the underlying
dispute and the proceeds of which shall be payable to such Lender to the extent it obtains judgment. In the absence of such injunction,
the Issuing Borrower shall issue Conversion Shares upon a properly noticed conversion. If the Issuing Borrower fails for any reason
to deliver to the Lender such certificate or certificates representing Conversion Shares pursuant to timing and delivery requirements
of this Note, the Issuing Borrower shall pay to such Lender, in cash, as liquidated damages and not as a penalty, for each $1,000
of principal amount being converted, $1.00 per day for each day after the date by which such certificates should have been delivered
until such certificates are delivered. Nothing herein shall limit a Lender’s right to pursue actual damages or declare an
Event of Default pursuant to the Credit Agreement, this Note or any agreement securing the indebtedness under this Note for the
Issuing Borrower’s failure to deliver Conversion Shares within the period specified herein and such Lender shall have the
right to pursue all remedies available to it hereunder, at law or in equity, including, without limitation, a decree of specific
performance and/or injunctive relief. The exercise of any such rights shall not prohibit the Lender from seeking to enforce damages
pursuant to any other Section hereof or under applicable law. Nothing herein shall prevent the Lender from having the Conversion
Shares issued directly by the Issuing Borrower’s transfer agent in accordance with the Credit Agreement, in the event for
any reason the Issuing Borrower fails to issue or deliver, or cause its transfer agent to issue and deliver, the Conversion Shares
to the Lender upon exercise of Lender’s conversion rights hereunder.

 

    	5

    	 

    

 

(6)
Transfer Taxes. The issuance of certificates for shares of the Common Stock on conversion of this Note shall be made without
charge to the Lender hereof for any documentary stamp or similar taxes, or any other issuance or transfer fees of any nature or
kind that may be payable in respect of the issue or delivery of such certificates, any such taxes or fees, if payable, to be paid
by the Issuing Borrower.

 

(d)
Make-Whole Rights. Upon liquidation by the Holder of Conversion Shares issued pursuant to a Conversion Notice, provided
that the Holder realizes a net amount from such liquidation equal to less than the Conversion Amount specified in the relevant
Conversion Notice (such net realized amount, the “Realized Amount”), the Issuing Borrower shall issue
to the Holder additional shares of the Issuing Borrower’s Common Stock equal to: (i) the Conversion Amount specified in
the relevant Conversion Notice; minus (ii) the Realized Amount, as evidenced by a reconciliation statement from the Holder
(a “Sale Reconciliation”) showing the Realized Amount from the sale of the Conversion Shares; divided
by (iii) the average volume weighted average price of the Issuing Borrower’s Common Stock during the five (5) Business
Days immediately prior to the date upon which the Holder delivers notice (the “Make-Whole Notice”) to
the Issuing Borrower that such additional shares are requested by the Holder (the “Make-Whole Stock Price”)
(such number of additional shares to be issued, the “Make-Whole Shares”). Upon receiving the Make-Whole
Notice and Sale Reconciliation evidencing the number of Make-Whole Shares requested, the Issuing Borrower shall instruct its transfer
agent to issue certificates representing the Make-Whole Shares, which Make whole Shares shall be issued and delivered in the same
manner and within the same time frames as set forth in Subsection (c)(2) above. Subsections (c)(3), (c)(4), (c)(5) and (c)(6)
above shall be applicable to the issuance of the Make-Whole Shares. The Make-Whole Shares, when issued, shall be deemed to be
validly issued, fully paid, and non-assessable shares of the Issuing Borrower’s Common Stock. Following the sale of the
Make-Whole Shares by the Holder: (i) in the event that the Holder receives net proceeds from such sale which, when added to the
Realized Amount from the prior relevant Conversion Notice, is less than the Conversion Amount specified in the relevant Conversion
Notice, the Holder shall deliver an additional Make-Whole Notice to the Issuing Borrower following the procedures provided previously
in this paragraph, and such procedures and the delivery of Make-Whole Notices shall continue until the Conversion Amount has been
fully satisfied; (ii) in the event that the Holder received net proceeds from the sale of Make-Whole Shares in excess of the Conversion
Amount specified in the relevant Conversion Notice, such excess amount shall be applied to satisfy any and all amounts owed hereunder
in excess of the Conversion Amount specified in the relevant Conversion Notice.

 

    	6

    	 

    

 

(e)
Adjustments to Conversion Price.

 

(1)
Stock Dividends and Stock Splits. If the Issuing Borrower, at any time while this Note is outstanding: (i) pays a stock
dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on outstanding shares of Common
Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of
a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification
of shares of Common Stock, any shares of capital stock of the Issuing Borrower, then the Conversion Price shall be multiplied
by a fraction, the numerator of which shall be the number of shares of Common Stock (excluding any treasury shares of the Issuing
Borrower) outstanding immediately before such event, and the denominator of which shall be the number of shares of Common Stock
outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after
the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective
immediately after the effective date in the case of a subdivision, combination, or re-classification.

 

(2)
Fundamental Transaction. If, at any time while this Note is outstanding: (i) the Issuing Borrower effects any merger or
consolidation of the Issuing Borrower with or into another Person, (ii) the Issuing Borrower effects any sale of all or substantially
all of its assets in one transaction or a series of related transactions, (iii) any tender offer or exchange offer (whether by
the Issuing Borrower or another Person) is completed pursuant to which holders of Common Stock are permitted to tender or exchange
their shares for other securities, cash or property, or (iv) the Issuing Borrower effects any reclassification of the Common Stock
or any compulsory share exchange pursuant to which the Common Stock is effectively converted into or exchanged for other securities,
cash or property (in any such case, a “Fundamental Transaction”), then upon any subsequent conversion
of this Note, the Lender shall have the right to receive, for each Conversion Share that would have been issuable upon such conversion
immediately prior to the occurrence of such Fundamental Transaction, the same kind and amount of securities, cash or property
as it would have been entitled to receive upon the occurrence of such Fundamental Transaction if it had been, immediately prior
to such Fundamental Transaction, the holder of one (1) share of Common Stock (the “Alternate Consideration”).
For purposes of any such conversion, the determination of the Conversion Price shall be appropriately adjusted to apply to such
Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one (1) share of Common Stock in
such Fundamental Transaction, and the Issuing Borrower shall apportion the Conversion Price among the Alternate Consideration
in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration. If holders of
Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the
Lender shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this Note following
such Fundamental Transaction. To the extent necessary to effectuate the foregoing provisions, any successor to the Issuing Borrower
or surviving entity in such Fundamental Transaction shall issue to the Lender a new note consistent with the foregoing provisions
and evidencing the Lender’s right to convert such note into Alternate Consideration. The terms of any agreement pursuant
to which a Fundamental Transaction is effected shall include terms requiring any such successor or surviving entity to comply
with the provisions of this Section and insuring that this Note (or any such replacement security) will be similarly adjusted
upon any subsequent transaction analogous to a Fundamental Transaction.

 

    	7

    	 

    

 

(3)
Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Note, the Issuing
Borrower shall promptly deliver to Lender a notice setting forth the Conversion Price after such adjustment and setting forth
a brief statement of the facts requiring such adjustment.

 

(4)
Notice to Allow Conversion by Lender. If: (A) the Issuing Borrower shall declare a dividend (or any other distribution
in whatever form) on the Common Stock, (B) the Issuing Borrower shall declare a special nonrecurring cash dividend on or a redemption
of the Common Stock, (C) the Issuing Borrower shall authorize the granting to all holders of the Common Stock of rights or warrants
to subscribe for or purchase any shares of capital stock of any class or of any rights, (D) the approval of any stockholders of
the Issuing Borrower shall be required in connection with any reclassification of the Common Stock, any consolidation or merger
to which the Issuing Borrower is a party, any sale or transfer of all or substantially all of the assets of the Issuing Borrower,
of any compulsory share exchange whereby the Common Stock is converted into other securities, cash or property, or (E) the Issuing
Borrower shall authorize the voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Issuing Borrower,
then, in each case, the Issuing Borrower shall cause to be filed at each office or agency maintained for the purpose of conversion
of this Note, and shall cause to be delivered to the Lender at its last address as it shall appear upon the Issuing Borrower’s
records, at least twenty (20) calendar days prior to the applicable record or effective date hereinafter specified, a notice stating:
(x) the date on which a record is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants,
or if a record is not to be taken, the date as of which the holders of the Common Stock of record to be entitled to such dividend,
distributions, redemption, rights or warrants are to be determined, or (y) the date on which such reclassification, consolidation,
merger, sale, transfer or share exchange is expected to become effective or close, and the date as of which it is expected that
holders of the Common Stock of record shall be entitled to exchange their shares of the Common Stock for securities, cash or other
property deliverable upon such reclassification, consolidation, merger, sale, transfer or share exchange, provided that the failure
to deliver such notice or any defect therein or in the delivery thereof shall not affect the validity of the corporate action
required to be specified in such notice. The Lender is entitled to convert this Note during the 10-day period commencing on the
date of such notice through the effective date of the event triggering such notice.

 

The
liability of all Borrowers hereunder shall be joint and several.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	8

    	 

    

 

IN
WITNESS WHEREOF, the Borrowers have executed this Note as of the date set forth above.

 

BORROWERS:

 

 

	WILD CRAZE, INC.,	WILD CREATIONS, INC.
	a Nevada corporation	a Nevada corporation

 

	By:	/s/
    Justin Jarman	 	By:	/s/
    Justin Jarman
	 	 	 	 	 
	Name:	
    Justin Jarman	 	Name:	Justin Jarman
	 	 	 	 	 
	Title:	CEO	 	Title:	President

 

SNAPTAGZ, LLC, 

a Delaware limited liability company

 

	By:	/s/
    Justin Jarman	 
	 	 	 
	Name:	Justin Jarman	 
	 	 	 
	Title:	Manager	 

 

    	9

    	 

    

 

Exhibit
“A”

 

NOTICE
OF CONVERSION

 

The
undersigned hereby elects to convert principal and/or interest under the Revolving Note (the “Note”)
of WILD CRAZE, INC., a Nevada corporation (the “Issuing Borrower”), WILD CREATIONS, INC.,
a Nevada corporation, and SNAPTAGZ, LLC, a Delaware limited liability company, into shares of common stock, par value $0.001
per share (the “Common Shares”), of the Issuing Borrower in accordance with the conditions of the Note,
as of the date written below.

 

Based
solely on information provided by the Issuing Borrower to Holder, the undersigned represents and warrants to the Issuing Borrower
that its ownership of the Common Shares does not exceed the Beneficial Ownership Limitation determined in accordance with Section
13(d) of the Exchange Act of 1934, as amended, as specified under the Note.

 

	Conversion
    calculations	 	 
	Effective
    Date of Conversion:	 	 
	Principal
    Amount and/or Interest to be Converted:	 	 
	Number
    of Common Shares to be Issued:	 	 

 

	 	[HOLDER]
	 	 	 
	 	By:	 
	 	 	 
	 	Name:	 
	 	 	 
	 	Title:	 
	 	 	 
	 	Address:	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

  

    	10Exhibit
10.3

 

SECURITY
AGREEMENT

 

This
SECURITY AGREEMENT (the “Security Agreement”) dated as of June 28, 2013, but made effective as
of July 22, 2013, is executed by and among WILD CRAZE, INC., a Nevada corporation (the “Issuing Borrower”),
WILD CREATIONS, INC., a Nevada corporation, and SNAPTAGZ, LLC, a Delaware limited liability company (each of the
foregoing, including the Issuing Borrower, hereinafter sometimes individually referred to as a “Debtor”
and all such entities sometimes hereinafter collectively referred to as “Debtors”), with their chief
executive offices located at 17 State Street, 22nd Floor, New York, NY 10004, and TCA Global Credit Master Fund,
LP (the “Secured Party”).

 

R
E C I T A L S:

 

WHEREAS,
Debtors desire to borrow funds and obtain financial accommodations from Secured Party pursuant to that certain Credit Agreement
of even date herewith among Debtors and Secured Party (the “Credit Agreement”).

 

NOW,
THEREFORE, in consideration of the credit extended now and in the future by Secured Party to the Debtors and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Debtors and Secured Party hereby agree as
follows:

 

A
G R E E M E N T S:

 

	1	DEFINITIONS.

 

1.1
Defined Terms. Capitalized terms used but not otherwise defined in this Security Agreement (including the Recitals) shall
have the meanings ascribed to them in the Credit Agreement. For the purposes of this Security Agreement, the following capitalized
words and phrases shall have the meanings set forth below.

 

(a)
“Capital Securities” shall mean, with respect to any Person, all shares, interests, participations or
other equivalents (however designated, whether voting or non-voting) of such Person’s capital, whether now outstanding or
issued or acquired after the date hereof, including common shares, preferred shares, membership interests in a limited liability
company, limited or general partnership interests in a partnership or any other equivalent of such ownership interest.

 

(b)
“Collateral” shall have the meaning set forth in Section 2.1 hereof.

 

(c)
“Obligor” shall mean, collectively, each Debtor, or any other party liable with respect to the Obligations.

 

(d)
“Organizational Identification Number” means, with respect to each Debtor, the organizational identification
number assigned to such Debtor by the applicable governmental unit or agency of the jurisdiction of organization of such Debtor,
if any.

 

    	 

    	 

    

 

(e)
“Taxes” shall mean any and all present and future taxes, duties, levies, imposts, deductions, assessments,
charges or withholdings, and any and all liabilities (including interest and penalties and other additions to taxes) with respect
to the foregoing.

 

(f)
“Unmatured Event of Default” shall mean any event which, with the giving of notice, the passage of time
or both, would constitute an Event of Default.

 

1.2
Other Terms Defined in UCC. All other capitalized words and phrases used herein and not otherwise specifically defined
herein or in the Credit Agreement shall have the respective meanings assigned to such terms in the UCC, to the extent the same
are used or defined therein.

 

1.3
Other Interpretive Provisions.

 

(a)
The meanings of defined terms are equally applicable to the singular and plural forms of the defined terms. Whenever the context
so requires, the neuter gender includes the masculine and feminine, the single number includes the plural, and vice versa, and
in particular the word “Debtor” or “Debtors” shall be so construed.

 

(b)
Section and Schedule references are to this Security Agreement unless otherwise specified. The words “hereof”, “herein”
and “hereunder” and words of similar import when used in this Security Agreement shall refer to this Security Agreement
as a whole and not to any particular provision of this Security Agreement

 

(c)
The term “including” is not limiting, and means “including, without limitation”.

 

(d)
In the computation of periods of time from a specified date to a later specified date, the word “from” means “from
and including”; the words “to” and “until” each mean “to but excluding”, and the word
“through” means “to and including”.

 

(e)
Unless otherwise expressly provided herein: (i) references to agreements (including this Security Agreement and the other
Loan Documents) and other contractual instruments shall be deemed to include all subsequent amendments, restatements, supplements
and other modifications thereto, but only to the extent such amendments, restatements, supplements and other modifications are
not prohibited by the terms of any Loan Document; and (ii) references to any statute or regulation shall be construed as
including all statutory and regulatory provisions amending, replacing, supplementing or interpreting such statute or regulation.

 

(f)
To the extent any of the provisions of the other Loan Documents are inconsistent with the terms of this Security Agreement, the
provisions of this Security Agreement shall govern.

 

(g)
This Security Agreement and the other Loan Documents may use several different limitations, tests or measurements to regulate
the same or similar matters. All such limitations, tests and measurements are cumulative and each shall be performed in accordance
with its terms.

 

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(h)
The term “Debtor” or “Debtors” shall refer collectively to each Debtor individually, and to all Debtors,
collectively, and any Subsidiaries of any of them now or hereafter in existence, in each case as the context may so require, it
being the intent of the parties under this Agreement that all of the terms, conditions, provisions and representations hereof
shall, to the greatest extent possible, apply equally to each Debtor, and any Subsidiaries of any of them now or hereafter in
existence, as if each term, covenant, provision and representation was separately made herein by each Debtor.

 

	2	SECURITY
                                                                                                                           FOR
                                                                                                                           THE
                                                                                                                           OBLIGATIONS.

 

2.1
Security for Obligations. As security for the payment and performance of the Obligations, each
Debtor does hereby pledge, assign, transfer, deliver and grant to Secured Party, for its own benefit and as agent for its Affiliates,
a continuing and unconditional first priority security interest in and to any and all property of such Debtor, of any kind or
description, tangible or intangible, wheresoever located and whether now existing or hereafter arising or acquired, including
the following (all of which property for such Debtor, along with the products and proceeds therefrom, are individually and collectively
referred to as the “Collateral”):

 

(a)
all property of, or for the account of, such Debtor now or hereafter coming into the possession, control or custody of, or in
transit to, Secured Party or any agent or bailee for Secured Party or any parent, affiliate or subsidiary of Secured Party or
any participant with Secured Party in the Obligations (whether for safekeeping, deposit, collection, custody, pledge, transmission
or otherwise), including all cash, earnings, dividends, interest, or other rights in connection therewith and the products and
proceeds therefrom, including the proceeds of insurance thereon; and

 

(b)
the additional property of such Debtor, whether now existing or hereafter arising or acquired, and wherever now or hereafter located,
together with all additions and accessions thereto, substitutions, betterments and replacements therefor, products and Proceeds
therefrom, and all of such Debtor’s books and records and recorded data relating thereto (regardless of the medium of recording
or storage), together with all of such Debtor’s right, title and interest in and to all computer software required to utilize,
create, maintain and process any such records or data on electronic media, identified and set forth as follows:

 

(i)
All Accounts and all goods whose sale, lease or other disposition by such Debtor has given rise to Accounts and have been returned
to, or repossessed or stopped in transit by, such Debtor, or rejected or refused by any Customer;

 

(ii)
All Inventory, including raw materials, work-in-process and finished goods;

 

(iii)
All goods (other than Inventory), including embedded software, Equipment, vehicles, furniture and Fixtures;

 

(iv)
All Software and computer programs;

 

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(v)
All Securities, Investment Property, Financial Assets and Deposit Accounts, specifically including the Lock Box Account, and all
funds at any time deposited therewith;

 

(vi)
All As-Extracted Collateral, Commodity Accounts, Commodity Contracts, and Farm Products;

 

(vii)
All Chattel Paper, Electronic Chattel Paper, Instruments, Documents, Letter of Credit Rights, all proceeds of letters of credit,
Health-Care-Insurance Receivables, Supporting Obligations, notes secured by real estate, Commercial Tort Claims and General Intangibles,
including Payment Intangibles; and

 

(viii)
All real estate property owned by Debtor and the interest of Debtor in fixtures related to such real property;

 

(ix)
All Proceeds (whether Cash Proceeds or Non-cash Proceeds) of the foregoing property, including all insurance policies and proceeds
of insurance payable by reason of loss or damage to the foregoing property, including unearned premiums, and of eminent domain
or condemnation awards.

 

2.2
Possession and Transfer of Collateral. Until an Event of Default has occurred, but subject to Secured Party’s rights
under the Credit Agreement (specifically with respect to Secured Party’s rights to use and apply money in the Lock Box Account)
each Debtor shall be entitled to possession and use of the Collateral (other than Instruments or Documents (including Tangible
Chattel Paper and Investment Property consisting of certificated securities) and other Collateral required to be delivered to
Secured Party pursuant to this Section 2). The cancellation or surrender of any promissory note evidencing an Obligation,
upon payment or otherwise, shall not affect the right of Secured Party to retain the Collateral for any other of the Obligations,
except upon payment in full of the Obligations. No Debtor shall sell, assign (by operation of law or otherwise), license, lease
or otherwise dispose of, or grant any option with respect to any of the Collateral, except as permitted pursuant to the Credit
Agreement.

 

2.3
Financing Statements. Each Debtor authorizes Secured Party to prepare and file such financing statements, amendments and
other documents and do such acts as Secured Party deems necessary in order to establish and maintain valid, attached and perfected,
first priority security interests in the Collateral in favor of Secured Party, for its own benefit
and as agent for its Affiliates, free and clear of all Liens and claims and rights of third parties whatsoever, except
Permitted Liens. Each Debtor hereby irrevocably authorizes Secured Party at any time, and from time to time, to file in any jurisdiction
any initial financing statements and amendments thereto that: (a) indicate the Collateral: (i) is comprised of all assets of such
Debtor (or words of similar effect), regardless of whether any particular asset comprising a part of the Collateral falls within
the scope of Article 9 of the UCC of the jurisdiction wherein such financing statement or amendment is filed; or (ii) as being
of an equal or lesser scope or within greater detail as the grant of the security interest set forth herein; and (b) contain any
other information required by Section 5 of Article 9 of the UCC of the jurisdiction wherein such financing statement or amendment
is filed regarding the sufficiency or filing office acceptance of any financing statement or amendment, including: (A) whether
such Debtor is an organization, the type of organization and any Organizational Identification Number issued to such Debtor; and
(B) in the case of a financing statement filed as a fixture filing or indicating Collateral as as-extracted collateral or timber
to be cut, a sufficient description of the real property to which the Collateral relates. Each Debtor agrees to furnish any such
information to Secured Party promptly upon request. In addition, each Debtor shall make appropriate entries on its books and records
disclosing the security interests of Secured Party, for its own benefit and as agent for its Affiliates,
in the Collateral. Each Debtor hereby agrees that a photogenic or other reproduction
of this Security Agreement is sufficient for filing as a financing statement and each Debtor authorizes Secured Party to file
this Security Agreement as a financing statement in any jurisdiction.

 

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2.4
Preservation of the Collateral. Secured Party may, but is not required to, take such actions from time to time as Secured
Party deems appropriate to maintain or protect the Collateral. Secured Party shall have exercised reasonable care in the custody
and preservation of the Collateral if Secured Party takes such action as any Debtor shall reasonably request in writing which
is not inconsistent with Secured Party’s status as a secured party, but the failure of Secured Party to comply with any
such request shall not be deemed a failure to exercise reasonable care; provided, however, Secured Party’s
responsibility for the safekeeping of the Collateral shall: (i) be deemed reasonable if such Collateral is accorded treatment
substantially equal to that which Secured Party accords its own property; and (ii) not extend to matters beyond the control of
Secured Party, including acts of God, war, insurrection, riot or governmental actions. In addition, any failure of Secured Party
to preserve or protect any rights with respect to the Collateral against prior or third parties, or to do any act with respect
to preservation of the Collateral, not so requested by a Debtor, shall not be deemed a failure to exercise reasonable care in
the custody or preservation of the Collateral. Each Debtor shall have the sole responsibility for taking such action as may be
necessary, from time to time, to preserve all rights of such Debtor and Secured Party in the applicable Collateral against prior
or third parties. Without limiting the generality of the foregoing, where Collateral consists, in whole or in part, of Capital
Securities, each Debtor represents to, and covenants with, Secured Party that such Debtor has made arrangements for keeping informed
of changes or potential changes affecting the Capital Securities (including rights to convert or subscribe, payment of dividends,
reorganization or other exchanges, tender offers and voting rights), and each Debtor agrees that Secured Party shall have no responsibility
or liability for informing such Debtor of any such or other changes or potential changes or for taking any action or omitting
to take any action with respect thereto.

 

2.5
Other Actions as to any and all Collateral. Each Debtor further agrees to take any other action reasonably requested by
Secured Party to ensure the attachment, perfection and first priority of, and the ability of Secured Party to enforce, the security
interest of Secured Party, for its own benefit and as agent for its Affiliates, in any and all
of the Collateral, including: (i) causing Secured Party’s name to be noted as secured party on any certificate of title
for a titled good if such notation is a condition to attachment, perfection or priority of, or ability of the bank to enforce,
the security interest of Secured Party, for its own benefit and as agent for its Affiliates,
in such Collateral; (ii) complying with any provision of any statute, regulation or treaty of the United States as to any material
portion of the Collateral as soon as possible but not more than forty-five (45) days after such request if compliance with such
provision is a condition to attachment, perfection or priority of, or ability of Secured Party to enforce, the security interest
of Secured Party, for its own benefit and as agent for its Affiliates, in such Collateral; (iii)
obtaining governmental and other third party consents and approvals, including, without limitation, any consent of any licensor,
lessor or other Person with authority or control over or an interest in any material portion of the Collateral as soon as possible
but not more than forty-five (45) days after such request; (iv) obtaining waivers from mortgagees and landlords in form and substance
reasonably satisfactory to Secured Party which affect any material portion of the Collateral as soon as possible but not more
than forty-five (45) days after such request; and (v) taking all actions required by the UCC in effect from time to time or by
other law, as applicable in any relevant UCC jurisdiction, or by other law as applicable in any foreign jurisdiction. Each Debtor
further agrees to indemnify and hold Secured Party harmless against claims of any Persons not a party to this Security Agreement
concerning disputes arising over the Collateral, except to the extent resulting from the gross negligence or willful misconduct
of Secured Party or its Affiliates.

 

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2.6
Collateral in the Possession of a Warehouseman or Bailee. If any material portion of the Collateral at any time is in the
possession of a warehouseman or bailee, each Debtor shall promptly notify Secured Party thereof, and, as soon as possible, but
not more than forty-five (45) days later, shall obtain a Collateral Access Agreement in form and substance reasonably satisfactory
to Secured Party from such warehouseman or bailee.

 

2.7
Letter-of-Credit Rights. If any Debtor at any time is a beneficiary under a letter of credit now or hereafter issued in
favor of such Debtor, such Debtor shall promptly notify Secured Party thereof and, at the request and option of Secured Party,
such Debtor shall, pursuant to an agreement in form and substance reasonably satisfactory to Secured Party, either: (i) arrange
for the issuer and any confirmer of such letter of credit to consent to an assignment to Secured Party,
for its own benefit and as agent for its Affiliates, of the proceeds of any drawing under the letter of credit; or (ii)
arrange for Secured Party, for its own benefit and as agent for its Affiliates, to become the
transferee beneficiary of the letter of credit, with Secured Party agreeing, in each case, that the proceeds of any drawing under
the letter to credit are to be applied as provided in the Credit Agreement.

 

2.8
Commercial Tort Claims. If any Debtor shall at any time hold or acquire a Commercial Tort Claim, such Debtor shall promptly
notify Secured Party in writing signed by such Debtor of the details thereof and grant to Secured Party,
for its own benefit and as agent for its Affiliates, in such written notice or other written instrument, a security interest
therein and in the proceeds thereof, all upon the terms of this Security Agreement, in each case in form and substance reasonably
satisfactory to Secured Party, and shall execute any amendments hereto deemed reasonably necessary by Secured Party to perfect
the security interest of Secured Party, for its own benefit and as agent for its Affiliates,
in such Commercial Tort Claim.

 

2.9
Electronic Chattel Paper and Transferable Records. If any Debtor at any time holds or acquires an interest in any electronic
chattel paper or any “transferable record”, as that term is defined in Section 201 of the federal Electronic Signatures
in Global and National Commerce Act, or in Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant
jurisdiction, such Debtor shall promptly notify Secured Party thereof and, at the request of Secured Party, shall take such action
as Secured Party may reasonably request to vest in Secured Party control under Section 9-105 of the UCC of such electronic chattel
paper or control under Section 201 of the federal Electronic Signatures in Global and National Commerce Act or, as the case may
be, Section 16 of the Uniform Electronic Transactions Act, as so in effect in such jurisdiction, of such transferable record.
Secured Party agrees with each Debtor that Secured Party will arrange, pursuant to procedures reasonably satisfactory to Secured
Party and so long as such procedures will not result in Secured Party’s loss of control, for such Debtor to make alterations
to the electronic chattel paper or transferable record permitted under Section 9-105 of the UCC or, as the case may be, Section
201 of the federal Electronic Signatures in Global and National Commerce Act or Section 16 of the Uniform Electronic Transactions
Act, for a party in control to make without loss of control.

 

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2.10
Additional Requirements on Collateral. Each Debtor shall fully cooperate with Secured Party to obtain and keep in effect
one or more control agreements in Deposit Accounts, Electronic Chattel Paper, Investment Property and Letter-of-Credit Rights
Collateral. Such control agreements shall only be required if, in the reasonable discretion of the Secured Party, the nature of
the Collateral requires any such control agreements in order for the Secured Party to perfect its security interests in any Collateral
as granted hereunder, and in such event, each Debtor shall promptly provide any such control agreements upon request from the
Secured Party. In addition, each Debtor, at the Debtor’s expense, shall promptly: (A) execute all notices of security
interest for each relevant type of Software and other General Intangibles in forms suitable for filing with any United States
or foreign office handling the registration or filing of patents, trademarks, copyrights and other intellectual property and any
successor office or agency thereto; and (B) take all commercially reasonable steps in any hearing, suit, action, or other
proceeding before any such office or any similar office or agency in any other country or any political subdivision thereof, to
diligently prosecute or maintain, as applicable, each application and registration of any Software, General Intangibles or any
other intellectual property rights and assets that are part of the Collateral, including filing of renewals, affidavits of use,
affidavits of incontestability and opposition, interference and cancellation proceedings.

 

	3	REPRESENTATIONS
                                                                                                                           AND
                                                                                                                           WARRANTIES.

 

Each
Debtor makes the following representations and warranties to Secured Party:

 

3.1
Debtor Organization and Name. Each Debtor is a corporation or other legally recognized form of entity, as applicable, duly
organized, existing and in good standing under the laws of its State or country of organization, with full and adequate power
to carry on and conduct its business as presently conducted. Each Debtor is duly licensed or qualified in all foreign jurisdictions
wherein the nature of its activities requires such qualification or licensing. Each Debtor’s Organizational Identification
Number is set forth in the Credit Agreement. The exact legal name of each Debtor is as set forth in the first paragraph of this
Security Agreement, and no Debtor currently conducts, nor has it during the last five (5) years conducted, business under any
other name or trade name.

 

3.2
Authorization. Each Debtor has full right, power and authority to enter into this Security Agreement and to perform all
of its duties and obligations under this Security Agreement. The execution and delivery of this Security Agreement and the other
Loan Documents will not, nor will the observance or performance of any of the matters and things herein or therein set forth,
violate or contravene any provision of law or of the articles of incorporation, by-laws, operating agreement or other governing
documents, as applicable, of each Debtor. All necessary and appropriate action has been taken on the part of each Debtor
to authorize the execution and delivery of this Security Agreement.

 

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3.3
Validity and Binding Nature. This Security Agreement is the legal, valid and binding obligation of each Debtor, enforceable
against each Debtor in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability
of creditors’ rights generally and to general principles of equity.

 

3.4
Consent; Absence of Breach. To the best of Debtors’ knowledge, the execution, delivery and performance of this Security
Agreement and any other documents or instruments to be executed and delivered by each Debtor in connection herewith, do not and
will not: (a) require any consent, approval, authorization, or filings with, notice to or other act by or in respect of, any governmental
authority or any other Person (other than filings or notices pursuant to federal or state securities laws or other than any consent
or approval which has been obtained and is in full force and effect); (b) conflict with: (i) any provision of law or any applicable
regulation, order, writ, injunction or decree of any court or governmental authority; (ii) the articles of incorporation, bylaws,
operating agreement, or other organic or governance document applicable to each Debtor; or (iii) any agreement, indenture, instrument
or other document, or any judgment, order or decree, which is binding upon each applicable Debtor or any of its properties or
assets; or (c) require, or result in, the creation or imposition of any Lien on any asset of any Debtor, other than Liens in favor
of Secured Party created pursuant to this Security Agreement and Permitted Liens.

 

3.5
Ownership of Collateral; Liens. Each Debtor is the sole owner of all the Collateral applicable to such Debtor, free and
clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights
and other intellectual property rights), other than Permitted Liens.

 

3.6
Adverse Circumstances. To the best of Debtors’ knowledge, no condition, circumstance, event, agreement, document,
instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i)
would have a Material Adverse Effect upon any Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.

 

3.7
Security Interest. This Security Agreement creates a valid security interest in favor of Secured Party in the Collateral
and, when properly perfected by filing in the appropriate jurisdictions, or by possession or control of such Collateral by Secured
Party or delivery of such Collateral to Secured Party, shall constitute a valid, perfected, first-priority security interest in
such Collateral.

 

3.8
Place of Business. The principal place of business and books and records of each Debtor is set forth in the preamble to
this Security Agreement, and the location of all Collateral, if other than at such principal place of business, is as set forth
on Schedule 3.8 attached hereto and made a part hereof, and each Debtor shall promptly notify Secured Party of any
change in such locations. No Debtor will remove or permit the Collateral to be removed from such locations without the prior written
consent of Secured Party, except as permitted pursuant to the Credit Agreement.

 

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3.9
Complete Information. This Security Agreement and all financial statements, schedules, certificates, confirmations, agreements,
contracts, and other materials and information heretofore or contemporaneously herewith furnished in writing by any Debtor to
Secured Party for purposes of, or in connection with, this Security Agreement and the transactions contemplated hereby is, and
all written information hereafter furnished by or on behalf of any Debtor to Secured Party pursuant hereto or in connection herewith
will be, true and accurate in every material respect on the date as of which such information is dated or certified, and none
of such information is or will be incomplete by omitting to state any material fact necessary to make such information not misleading
in light of the circumstances under which made (it being recognized by Secured Party that any projections and forecasts provided
by any Debtor are based on good faith estimates and assumptions believed by such Debtor to be reasonable as of the date of the
applicable projections or assumptions and that actual results during the period or periods covered by any such projections and
forecasts may differ from projected or forecasted results).

 

	4	REMEDIES.

 

Upon
the occurrence of any default in the payment or performance of any of the covenants, conditions and agreements contained in this
Security Agreement or any other Event of Default, Secured Party shall have all rights, powers and remedies set forth in this Security
Agreement or the other Loan Documents or in any other written agreement or instrument relating to any of the Obligations or any
security therefor, as a secured party under the UCC or as otherwise provided at law or in equity. Without limiting the generality
of the foregoing, Secured Party may, at its option upon the occurrence of an Event of Default, declare its commitments to Debtors
to be terminated and all Obligations to be immediately due and payable, or, if provided in the Loan Documents, all commitments
of Secured Party to Debtors shall immediately terminate and all Obligations shall be automatically due and payable, all without
demand, notice or further action of any kind required on the part of Secured Party. Each Debtor hereby waives any and all presentment,
demand, notice of dishonor, protest, and all other notices and demands in connection with the enforcement of Secured Party’s
rights under the Loan Documents, and hereby consents to, and waives notice of release, with or without consideration, of any Collateral,
notwithstanding anything contained herein or in the Loan Documents to the contrary. In addition to the foregoing:

 

4.1
Possession and Assembly of Collateral. Secured Party may, without notice, demand or the initiation of legal process of
any kind, take possession of any or all of the Collateral (in addition to Collateral of which Secured Party already has possession),
wherever it may be found, and for that purpose may pursue the same wherever it may be found, and may at any time enter into any
of Debtors’ premises where any of the Collateral may be or is supposed to be, and search for, take possession of, remove,
keep and store any of the Collateral until the same shall be sold or otherwise disposed of and Secured Party shall have the right
to store and conduct a sale of the same in any of Debtors’ premises without cost to Secured Party. At Secured Party’s
request, each Debtor will, at such Debtor’s sole expense, assemble the Collateral and make it available to Secured Party
at a place or places to be designated by Secured Party which is reasonably convenient to Secured Party and Debtors.

 

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4.2
Sale of Collateral. Secured Party may sell any or all of the Collateral at public or private sale, upon such terms and
conditions as Secured Party may deem proper, and Secured Party may purchase any or all of the Collateral at any such sale. Each
Debtor acknowledges that Secured Party may be unable to effect a public sale of all or any portion of the Collateral because of
certain legal and/or practical restrictions and provisions which may be applicable to the Collateral and, therefore, may be compelled
to resort to one or more private sales to a restricted group of offerees and purchasers. Each Debtor consents to any such private
sale so made even though at places and upon terms less favorable than if the Collateral were sold at public sale. Secured Party
shall have no obligation to clean-up or otherwise prepare the Collateral for sale. Secured Party may apply the net proceeds, after
deducting all costs, expenses, attorneys’ and paralegals’ fees incurred or paid at any time in the collection, protection
and sale of the Collateral and the Obligations, to the payment of the Obligations, returning the excess proceeds, if any, to Debtors.
Each Debtor shall remain liable for any amount remaining unpaid after such application, with interest at the Default Rate. Any
notification of intended disposition of the Collateral required by law shall be conclusively deemed reasonably and properly given
if given by Secured Party at least ten (10) calendar days before the date of such disposition. Each Debtor hereby confirms, approves
and ratifies all acts and deeds of Secured Party relating to the foregoing, and each part thereof, and expressly waives any and
all claims of any nature, kind or description which it has or may hereafter have against Secured Party or its representatives,
by reason of taking, selling or collecting any portion of the Collateral. Each Debtor consents to releases of the Collateral at
any time (including prior to default) and to sales of the Collateral in groups, parcels or portions, or as an entirety, as Secured
Party shall deem appropriate. Each Debtor expressly absolves Secured Party from any loss or decline in market value of any Collateral
by reason of delay in the enforcement or assertion or non-enforcement of any rights or remedies under this Security Agreement.

 

4.3
Standards for Exercising Remedies. To the extent that applicable law imposes duties on Secured Party to exercise
remedies in a commercially reasonable manner, each Debtor acknowledges and agrees that it is not commercially unreasonable for
Secured Party: (i) to incur expenses deemed necessary by Secured Party to prepare Collateral for disposition or otherwise to complete
raw material or work-in-process into finished goods or other finished products for disposition; (ii) to fail to obtain third party
consents for access to Collateral to be disposed of, or to obtain or, if not required by other law, to fail to obtain governmental
or third party consents for the collection or disposition of Collateral to be collected or disposed of; (iii) to fail to exercise
collection remedies against Customers or other Persons obligated on Collateral or to remove liens or encumbrances on or any adverse
claims against Collateral; (iv) to exercise collection remedies against Customers and other Persons obligated on Collateral directly
or through the use of collection agencies and other collection specialists; (v) to advertise dispositions of Collateral through
publications or media of general circulation, whether or not the Collateral is of a specialized nature; (vi) to contact other
Persons, whether or not in the same business as Debtors, for expressions of interest in acquiring all or any portion of the Collateral;
(vii) to hire one or more professional auctioneers to assist in the disposition of Collateral, whether or not the Collateral is
of a specialized nature; (viii) to dispose of Collateral by utilizing internet sites that provide for the auction of assets of
the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers of assets;
(ix) to dispose of assets in wholesale rather than retail markets; (x) to disclaim disposition warranties, including any warranties
of title; (xi) to purchase insurance or credit enhancements to insure Secured Party against risks of loss, collection or disposition
of Collateral or to provide to Secured Party a guaranteed return from the collection or disposition of Collateral; or (xii) to
the extent deemed appropriate by Secured Party, to obtain the services of other brokers, investment bankers, consultants and other
professionals to assist Secured Party in the collection or disposition of any of the Collateral. Each Debtor acknowledges that
the purpose of this section is to provide non-exhaustive indications of what actions or omissions by Secured Party would not be
commercially unreasonable in Secured Party’s exercise of remedies against the Collateral and that other actions or omissions
by Secured Party shall not be deemed commercially unreasonable solely on account of not being indicated in this Section. Without
limitation upon the foregoing, nothing contained in this Section shall be construed to grant any rights to Debtors or to impose
any duties on Secured Party that would not have been granted or imposed by this Security Agreement or by applicable law in the
absence of this Section.

 

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4.4
UCC and Offset Rights. Secured Party may exercise, from time to time, any and all rights and remedies available to it under
the UCC or under any other applicable law in addition to, and not in lieu of, any rights and remedies expressly granted in this
Security Agreement or in any other agreements between any Obligor and Secured Party, and may, without demand or notice of any
kind, appropriate and apply toward the payment of such of the Obligations, whether matured or unmatured, including costs of collection
and attorneys’ and paralegals’ fees and costs, and in such order of application as Secured Party may, from time to
time, elect, any indebtedness of Secured Party to any Obligor, however created or arising, including balances, credits, deposits,
accounts or moneys of such Obligor in the possession, control or custody of, or in transit to Secured Party. Each Debtor, on behalf
of itself and any Obligor, hereby waives the benefit of any law that would otherwise restrict or limit Secured Party in the exercise
of its right, which is hereby acknowledged, to appropriate at any time hereafter any such indebtedness owing from Secured Party
to any Obligor.

 

4.5
Additional Remedies. Upon the occurrence of an Event of Default, Secured Party shall have the right and power to:

 

(a)
instruct any Debtor, at its own expense, to notify any parties obligated on any of the Collateral, including any Customers, to
make payment directly to Secured Party of any amounts due or to become due thereunder, or Secured Party may directly notify such
obligors of the security interest of Secured Party, and/or of the assignment to Secured Party of the Collateral and direct such
obligors to make payment to Secured Party of any amounts due or to become due with respect thereto, and thereafter, collect any
such amounts due on the Collateral directly from such Persons obligated thereon;

 

(b)
enforce collection of any of the Collateral, including any Accounts, by suit or otherwise, or make any compromise or settlement
with respect to any of the Collateral, or surrender, release or exchange all or any part thereof, or compromise, extend or renew
for any period (whether or not longer than the original period) any indebtedness thereunder;

 

    	11

    	 

    

 

(c)
take possession or control of any proceeds and products of any of the Collateral, including the proceeds of insurance thereon;

 

(d)
extend, renew or modify for one or more periods (whether or not longer than the original period) the Obligations or any obligation
of any nature of any other obligor with respect to the Obligations;

 

(e)
grant releases, compromises or indulgences with respect to the Obligations, any extension or renewal of any of the Obligations,
any security therefor, or to any other obligor with respect to the Obligations;

 

(f)
transfer the whole or any part of Capital Securities which may constitute Collateral into the name of Secured Party or Secured
Party’s nominee without disclosing, if Secured Party so desires, that such Capital Securities so transferred are subject
to the security interest of Secured Party, and any corporation, association, or any of the managers or trustees of any trust issuing
any of such Capital Securities, or any transfer agent, shall not be bound to inquire, in the event that Secured Party or such
nominee makes any further transfer of such Capital Securities, or any portion thereof, as to whether Secured Party or such nominee
has the right to make such further transfer, and shall not be liable for transferring the same;

 

(g)
vote the Collateral;

 

(h)
make an election with respect to the Collateral under Section 1111 of the Bankruptcy Code or take action under Section 364 or
any other section of Bankruptcy Code; provided, however, that any such action of Secured Party as set forth herein
shall not, in any manner whatsoever, impair or affect the liability of Debtors hereunder, nor prejudice, waive, nor be construed
to impair, affect, prejudice or waive Secured Party’s rights and remedies at law, in equity or by statute, nor release,
discharge, nor be construed to release or discharge, Debtors, any guarantor or other Person liable to Secured Party for the Obligations;
and

 

(i)
at any time, and from time to time, accept additions to, releases, reductions, exchanges or substitution of the Collateral, without
in any way altering, impairing, diminishing or affecting the provisions of this Security Agreement, the Loan Documents, or any
of the other Obligations, or Secured Party’s rights hereunder, under the Obligations.

 

Each
Debtor hereby ratifies and confirms whatever Secured Party may do with respect to the Collateral and agrees that Secured Party
shall not be liable for any error of judgment or mistakes of fact or law with respect to actions taken in connection with the
Collateral.

 

    	12

    	 

    

 

4.6
Attorney-in-Fact. Each Debtor hereby irrevocably makes, constitutes and appoints Secured Party (and any officer of Secured
Party or any Person designated by Secured Party for that purpose) as such Debtor’s true and lawful proxy and attorney-in-fact
(and agent-in-fact) in Debtor’s name, place and stead, with full power of substitution, to: (i) take such actions as are
permitted in this Security Agreement; (ii) execute such financing statements and other documents and to do such other acts as
Secured Party may require to perfect and preserve Secured Party’s security interest in, and to enforce such interests in
the Collateral; and (iii) upon the occurrence of an Event of Default, carry out any remedy provided for in this Security Agreement,
the Credit Agreement or through law or equity, including endorsing such Debtor’s name to checks, drafts, instruments and
other items of payment, and proceeds of the Collateral, executing change of address forms with the postmaster of the United States
Post Office serving the address of such Debtor, changing the address of such Debtor to that of Secured Party, opening all envelopes
addressed to such Debtor and applying any payments contained therein to the Obligations, and changing any merchant accounts or
instructions to Payment Processing Companies regarding any credit/debit card payments from Customers. Each Debtor hereby acknowledges
that the constitution and appointment of such proxy and attorney-in-fact are coupled with an interest and are irrevocable. Each
Debtor hereby ratifies and confirms all that such attorney-in-fact may do or cause to be done by virtue of any provision of this
Security Agreement.

 

4.7
No Marshaling. Secured Party shall not be required to marshal any present or future collateral security (including this
Security Agreement and the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to
such collateral security or other assurances of payment in any particular order. To the extent that it lawfully may, each Debtor
hereby agrees that it will not invoke any law relating to the marshaling of collateral which might cause delay in or impede the
enforcement of Secured Party’s rights under this Security Agreement or under any other instrument creating or evidencing
any of the Obligations or under which any of the Obligations is outstanding or by which any of the Obligations is secured or payment
thereof is otherwise assured, and, to the extent that it lawfully may, each Debtor hereby irrevocably waives the benefits of all
such laws.

 

4.8
No Waiver. No Event of Default shall be waived by Secured Party except in writing. No failure or delay on the part of Secured
Party in exercising any right, power or remedy hereunder shall operate as a waiver of the exercise of the same or any other right
at any other time; nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise
thereof or the exercise of any other right, power or remedy hereunder. There shall be no obligation on the part of Secured Party
to exercise any remedy available to Secured Party in any order. The remedies provided for herein are cumulative and not exclusive
of any remedies provided at law or in equity. Each Debtor agrees that in the event that such Debtor fails to perform, observe
or discharge any of its Obligations or liabilities under this Security Agreement or any other agreements with Secured Party, no
remedy of law will provide adequate relief to Secured Party, and further agrees that Secured Party shall be entitled to temporary
and permanent injunctive relief in any such case without the necessity of proving actual damages.

 

4.9
Application of Proceeds. Secured Party will, within three (3) Business Days after receipt of cash or solvent credits from
collection of items of payment, proceeds of Collateral or any other source, apply the whole or any part thereof against the Obligations
secured hereby. Secured Party shall further have the exclusive right to determine how, when and what application of such payments
and such credits shall be made on the Obligations, and such determination shall be conclusive upon Debtors. Any proceeds of any
disposition by Secured Party of all or any part of the Collateral may be first applied by Secured Party to the payment of expenses
incurred by Secured Party in connection with the Collateral, including reasonable attorneys’ fees and legal expenses and
costs as provided for in Section 5.13 hereof.

 

    	13

    	 

    

 

	5	MISCELLANEOUS.

 

5.1
Entire Agreement. This Security Agreement and the other Loan Documents: (i) are valid, binding and enforceable against
Debtors and Secured Party in accordance with their respective provisions and no conditions exist as to their legal effectiveness;
(ii) constitute the entire agreement between the parties with respect to the subject matter hereof and thereof; and (iii) are
the final expression of the intentions of Debtors and Secured Party. No promises, either expressed or implied, exist between any
Debtor and Secured Party, unless contained herein or therein. This Security Agreement, together with the other Loan Documents,
supersedes all negotiations, representations, warranties, commitments, term sheets, discussions, negotiations, offers or contracts
(of any kind or nature, whether oral or written) prior to or contemporaneous with the execution hereof with respect to any matter,
directly or indirectly related to the terms of this Security Agreement and the other Loan Documents. This Security Agreement and
the other Loan Documents are the result of negotiations between Secured Party and Debtors and have been reviewed (or have had
the opportunity to be reviewed) by counsel to all such parties, and are the products of all parties. Accordingly, this Security
Agreement and the other Loan Documents shall not be construed more strictly against Secured Party merely because of Secured Party’s
involvement in their preparation.

 

5.2
Amendments; Waivers. No delay on the part of Secured Party in the exercise of any right, power or remedy shall operate
as a waiver thereof, nor shall any single or partial exercise by Secured Party of any right, power or remedy preclude other or
further exercise thereof, or the exercise of any other right, power or remedy. No amendment, modification or waiver of, or consent
with respect to, any provision of this Security Agreement or the other Loan Documents shall in any event be effective unless the
same shall be in writing and acknowledged by Secured Party, and then any such amendment, modification, waiver or consent shall
be effective only in the specific instance and for the specific purpose for which given.

 

5.3
WAIVER OF DEFENSES. EACH DEBTOR WAIVES EVERY PRESENT AND FUTURE DEFENSE, CAUSE OF ACTION, COUNTERCLAIM OR SETOFF WHICH
SUCH DEBTOR MAY NOW HAVE OR HEREAFTER MAY HAVE TO ANY ACTION BY SECURED PARTY IN ENFORCING THIS SECURITY AGREEMENT. PROVIDED SECURED
PARTY ACTS IN GOOD FAITH, EACH DEBTOR RATIFIES AND CONFIRMS WHATEVER SECURED PARTY MAY DO PURSUANT TO THE TERMS OF THIS SECURITY
AGREEMENT. THIS PROVISION IS A MATERIAL INDUCEMENT FOR SECURED PARTY GRANTING ANY FINANCIAL ACCOMMODATION TO DEBTORS.

 

5.4
MANDATORY FORUM SELECTION. TO INDUCE SECURED PARTY TO MAKE CERTAIN FINANCIAL ACCOMODATIONS TO DEBTORS, EACH DEBTOR IRREVOCABLY
AGREES THAT ANY DISPUTE ARISING UNDER, RELATING TO, OR IN CONNECTION WITH, DIRECTLY OR INDIRECTLY, THIS AGREEMENT OR RELATED TO
ANY MATTER WHICH IS THE SUBJECT OF OR INCIDENTAL TO THIS AGREEMENT ANY OTHER LOAN DOCUMENT, OR THE COLLATERAL (WHETHER OR NOT
SUCH CLAIM IS BASED UPON BREACH OF CONTRACT OR TORT) SHALL BE SUBJECT TO THE EXCLUSIVE JURISDICTION AND VENUE OF THE STATE AND/OR
FEDERAL COURTS LOCATED IN BROWARD COUNTY, FLORIDA. THIS PROVISION IS INTENDED TO BE A “MANDATORY” FORUM SELECTION
CLAUSE AND GOVERNED BY AND INTERPRETED CONSISTENT WITH FLORIDA LAW. EACH DEBTOR HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION
AND VENUE OF ANY STATE OR FEDERAL COURT HAVING ITS SITUS IN SAID COUNTY, AND EACH WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS.
EACH DEBTOR HEREBY WAIVES PERSONAL SERVICE OF ANY AND ALL PROCESS AND CONSENT THAT ALL SUCH SERVICE OF PROCESS MAY BE MADE BY
CERTIFIED MAIL, RETURN RECEIPT REQUESTED, DIRECTED TO A DEBTOR, AS APPLICABLE, AS SET FORTH HEREIN IN THE MANNER PROVIDED BY APPLICABLE
STATUTE, LAW, RULE OF COURT OR OTHERWISE.

 

    	14

    	 

    

 

5.5
WAIVER OF JURY TRIAL. EACH DEBTOR AND SECURED PARTY, AFTER CONSULTING OR HAVING HAD THE OPPORTUNITY TO CONSULT WITH COUNSEL,
EACH KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE IRREVOCABLY, ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING TO ENFORCE
OR DEFEND ANY RIGHTS UNDER THIS SECURITY AGREEMENT, ANY NOTE, ANY OTHER LOAN DOCUMENT, ANY OF THE OTHER OBLIGATIONS, THE COLLATERAL,
OR ANY AMENDMENT, INSTRUMENT, DOCUMENT OR AGREEMENT DELIVERED OR WHICH MAY IN THE FUTURE BE DELIVERED IN CONNECTION HEREWITH OR
THEREWITH OR ARISING FROM ANY LENDING RELATIONSHIP EXISTING IN CONNECTION WITH ANY OF THE FOREGOING, OR ANY COURSE OF CONDUCT
OR COURSE OF DEALING IN WHICH SECURED PARTY AND ANY DEBTOR ARE ADVERSE PARTIES, AND EACH AGREES THAT ANY SUCH ACTION OR PROCEEDING
SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR SECURED PARTY GRANTING ANY FINANCIAL
ACCOMMODATION TO DEBTORS.

 

5.6
Assignability. Secured Party, prior to the occurrence of an Event of Default and with the consent of Debtors, which consent
will not be unreasonably withheld, and after the occurrence of an Event of Default without consent from or notice to anyone, may
at any time assign Secured Party’s rights in this Security Agreement, the other Loan Documents, the Obligations, or any
part thereof and transfer Secured Party’s rights in any or all of the Collateral, and Secured Party thereafter shall be
relieved from all liability with respect to such Collateral. This Security Agreement shall be binding upon Secured Party and Debtors
and their respective legal representatives and successors. All references herein to any Debtor shall be deemed to include any
successors, whether immediate or remote. In the case of a joint venture or partnership, the term “Debtor” or “Debtors”
shall be deemed to include all joint venturers or partners thereof, who shall be jointly and severally liable hereunder.

 

5.7
Binding Effect. This Security Agreement shall become effective upon execution by Debtors and Secured Party.

 

5.8
Governing Law. Except in the case of the Mandatory Forum Selection Clause in Section 5.4 above, which clause shall be governed
and interpreted in accordance with Florida law, this Agreement shall be delivered and accepted in and shall be deemed to be a
contract made under and governed by the internal laws of the State of Nevada, and for all purposes shall be construed in accordance
with the laws of such State, without giving effect to the choice of law provisions of such State.

 

    	15

    	 

    

 

5.9
Enforceability. Wherever possible, each provision of this Security Agreement shall be interpreted in such manner as to
be effective and valid under applicable law, but if any provision of this Security Agreement shall be prohibited by, unenforceable
or invalid under any jurisdiction, such provision shall as to such jurisdiction, be severable and be ineffective to the extent
of such prohibition or invalidity, without invalidating the remaining provisions of this Security Agreement or affecting the validity
or enforceability of such provision in any other jurisdiction.

 

5.10
Time of Essence. Time is of the essence in making payments of all amounts due Secured Party under the Loan Documents and
in the performance and observance by Debtors of each covenant, agreement, provision and term of this Security Agreement and the
other Loan Documents.

 

5.11
Counterparts; Facsimile Signatures. This Security Agreement may be executed in any number of counterparts and by the different
parties hereto on separate counterparts and each such counterpart shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same Security Agreement. Receipt of an executed signature page to this Security Agreement
by facsimile or other electronic transmission shall constitute effective delivery thereof. Electronic
records of executed Loan Documents maintained by Secured Party shall be deemed to be originals thereof.

 

5.12
Notices. Except as otherwise provided herein, each Debtor waives all notices and demands in connection with the enforcement
of Secured Party’s rights hereunder. All notices, requests, demands and other communications provided for hereunder shall
be made in accordance with the terms of the Credit Agreement.

 

5.13
Costs, Fees and Expenses. Debtors shall pay or reimburse Secured Party for all reasonable costs, fees and expenses incurred
by Secured Party or for which Secured Party becomes obligated in connection with the enforcement of this Security Agreement, including
search fees, costs and expenses and attorneys’ fees, costs and time charges of counsel to Secured Party and all taxes payable
in connection with this Security Agreement. In furtherance of the foregoing, Debtors shall pay any and all stamp and other taxes,
UCC search fees, filing fees and other costs and expenses in connection with the execution and delivery of this Security Agreement
and the other Loan Documents to be delivered hereunder, and agrees to save and hold Secured Party harmless from and against any
and all liabilities with respect to or resulting from any delay in paying or omission to pay such costs and expenses. That portion
of the Obligations consisting of costs, expenses or advances to be reimbursed by Debtors to Secured Party pursuant to this Security
Agreement or the other Loan Documents which are not paid on or prior to the date hereof shall be payable by Debtors to Secured
Party on demand. If at any time or times hereafter Secured Party: (a) employs counsel for advice or other representation:
(i) with respect to this Security Agreement or the other Loan Documents; (ii) to represent Secured Party in any litigation,
contest, dispute, suit or proceeding or to commence, defend, or intervene or to take any other action in or with respect to any
litigation, contest, dispute, suit, or proceeding (whether instituted by Secured Party, any Debtor, or any other Person) in any
way or respect relating to this Security Agreement; or (iii) to enforce any rights of Secured Party against any Debtor or
any other Person under of this Security Agreement; (b) takes any action to protect, collect, sell, liquidate, or otherwise
dispose of any of the Collateral; and/or (c) attempts to or enforces any of Secured Party’s rights or remedies under
this Security Agreement, the costs and expenses incurred by Secured Party in any manner or way with respect to the foregoing,
shall be part of the Obligations, payable by Debtors to Secured Party on demand.

 

    	16

    	 

    

 

5.14
Termination. This Security Agreement and the Liens and security interests granted hereunder shall not terminate until the
termination of the Credit Agreement and the commitments to make Loans thereunder and the full and complete performance and satisfaction
and payment in full of all the Obligations (other than contingent indemnification obligations to the extent no claim giving rise
thereto has been asserted). Upon termination of this Security Agreement, Secured Party shall also deliver to Debtors (at the sole
expense of Debtors) such UCC termination statements, certificates for terminating the liens on the Motor Vehicles (if any) and
such other documentation, without recourse, warranty or representation whatsoever, as shall be reasonably requested by Debtors
to effect the termination and release of the Liens and security interests in favor of Secured Party affecting the Collateral,
provided, however, to the extent any such terminations or releases require Secured Party to expend any sums in terminating or
releasing any such Liens, Secured Party may refrain from terminating or releasing such Liens unless and until Debtors pay to Secured
Party the estimated cost, as reasonably determined by Secured Party, of effectuating such terminations or releases.

 

5.15
Reinstatement. This Security Agreement shall remain in full force and effect and continue to be effective should any petition
be filed by or against any Debtor for liquidation or reorganization, should any Debtor become insolvent or make an assignment
for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any
Debtor’s assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance
of the Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be
restored or returned by any obligee of the Obligations, whether as a “voidable preference,” “fraudulent conveyance,”
or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof,
is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such amount paid and
not so rescinded, reduced, restored or returned.

 

5.16
Joint and Several Liability. The liability of all Debtors hereunder for the Obligations, or for the performance of any
other term, condition, covenant or agreement of any Debtor hereunder, shall be joint and several as between all Debtors.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	17

    	 

    

 

IN
WITNESS WHEREOF, Debtors and Secured Party have executed this Security Agreement as of the date first above written.

 

Debtors:

 

	WILD CRAZE, INC.,	WILD CREATIONS, INC.
	a Nevada corporation	a Nevada corporation

 

	By:	/s/
    Justin Jarman	 	By:	/s/
    Justin Jarman
	 	 	 	 	 
	Name:	
    Justin Jarman	 	Name:	Justin Jarman
	 	 	 	 	 
	Title:	CEO	 	Title:	President

 

SNAPTAGZ, LLC, 

a Delaware limited liability company

 

	By:	/s/
    Justin Jarman	 
	 	 	 
	Name:	Justin Jarman	 
	 	 	 
	Title:	Manager	 

 

	 	 	 	Agreed
    and accepted:
	 	 	 	 
	 	 	 	Secured
    Party:
	 	 	 	 
	 	 	 	TCA
    GLOBAL CREDIT MASTER FUND, LP
	 	 	 	 	 
	 	 	 	By:	TCA
    Global Credit Fund GP, Ltd.
	 	 	 	Its:	General
    Partner
	 	 	 	 	 
	 	 	 	By:	/s/
    Robert Press
	 	 	 	 	Robert
    Press, Director

 

    	18

    	 

    

 

Schedule
3.8 

 

Collateral
Locations/Places of Business

 

17
State Street, 22nd Floor, New York, New York 10004

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