Document:

Exhibit 10.7

 

GUARANTY AGREEMENT

 

This GUARANTY AGREEMENT
is dated as of March 31, 2016 and effective as of October 12, 2016 (as amended, restated or modified from time to time, the “Guaranty”),
and is made by UNorth One LLC, a limited liability company organized and existing under the laws of the State of Nevada (the “Guarantor”),
in favor of TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands
(the “Buyer”).

 

WHEREAS, pursuant to
a Securities Purchase Agreement dated as of March 31, 2016 and effective as of even date herewith (the “Purchase Agreement”)
by and between Mota Group, Inc., a corporation incorporated under the laws of the State of Delaware (the “Company”),
and the Buyer, the Company has agreed to issue to the Buyer and the Buyer has agreed to purchase from Company certain senior secured
redeemable debentures (the “Debentures”), as more specifically set forth in the Purchase Agreement; and

 

WHEREAS, in order to
induce Buyer to purchase the Debentures, and with full knowledge that Buyer would not purchase the Debentures without this Guaranty,
Guarantor has agreed to execute and deliver this Guaranty to Buyer, for the benefit of Buyer, as security for the Obligations;

 

WHEREAS, Guarantor
is a subsidiary of the Company and will significantly benefit from Buyer’s purchase of the Debentures from the Company; and

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements of the parties hereinafter set forth and other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties each intending to be legally bound, hereby do agree as
follows:

 

		1.	OBLIGATIONS GUARANTEED

 

Guarantor hereby guarantees
and becomes surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the
same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional
performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This
Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and
not of collection. Buyer may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed
immediately against Guarantor without being required to bring any proceeding or take any action against Company or any other Person
prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of Company, any other
guarantor, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.

 

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		2.	DEFINITIONS

 

All capitalized terms
used in this Guaranty that are defined in the Purchase Agreement shall have the meanings assigned to them in the Purchase Agreement,
unless the context of this Guaranty requires otherwise.

 

		3.	REPRESENTATIONS AND WARRANTIES. Guarantor represents and
warrants to Buyer as follows:

 

3.1.          Organization,
Powers. Guarantor: (i) is a limited liability company organized and existing under the laws of the State of Nevada; (ii) has
the power and authority to own its properties and assets and to carry on its business as now being conducted and as now contemplated;
and (iii) has the power and authority to execute, deliver and perform (and the officer or manager executing this Guaranty on behalf
of Guarantor has been duly authorized to so act and execute this Guaranty on behalf of the Guarantor), and by all necessary action
has authorized the execution, delivery and performance of, all of its obligations under this Guaranty and any other Transaction
Documents to which it is a party.

 

3.2.          Execution
of Guaranty. This Guaranty, and each other Transaction Document to which Guarantor is a party, have been duly executed and
delivered by Guarantor. Execution, delivery and performance of this Guaranty and each other Transaction Document to which Guarantor
is a party will not: (i) violate any provision of any law, rule or regulation, any judgment, order, writ, decree or other instrument
of any governmental authority, or any provision of any contract or other instrument to which Guarantor is a party or by which Guarantor
or any of its properties or assets are bound; (ii) result in the creation or imposition of any lien, claim or encumbrance of any
nature, other than the liens created by the Transaction Documents; and (iii) require any consent from, exemption of, or filing
or registration with, any governmental authority or any other Person, other than any filings in connection with the liens created
by the Transaction Documents.

 

3.3.          Obligations
of Guarantor. This Guaranty and each other Transaction Document to which Guarantor is a party are the legal, valid and binding
obligations of Guarantor, enforceable against Guarantor in accordance with their terms, except as the same may be limited by bankruptcy,
insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable
principles which may affect the availability of specific performance and other equitable remedies. The purchase of the Debenture
by Buyer and the assumption by Guarantor of its obligations hereunder and under any other Transaction Document to which Guarantor
is a party will result in material benefits to Guarantor. This Guaranty was entered into by Guarantor for commercial purposes.

 

3.4.          Litigation.
There is no demand, claim, suit, action, litigation, investigation, audit, study, arbitration, administrative hearing, or any other
proceeding of any nature whatsoever at law or in equity or by or before any governmental authority now pending or, to the knowledge
of Guarantor, threatened, against or affecting Guarantor or any of its properties, assets or rights which, if adversely determined,
would materially impair or affect: (i) the value of any collateral securing the Obligations; (ii) Guarantor’s right to carry
on its business substantially as now conducted (and as now contemplated); (iii) Guarantor’s financial condition; or (iv)
Guarantor’s capacity to consummate and perform its obligations under this Guaranty or any other Transaction Document to which
Guarantor is a party.

 

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3.5.          No
Defaults. Guarantor is not in default beyond the expiration of any applicable grace or cure periods, in the performance, observance
or fulfillment of any of the obligations, covenants or conditions contained herein or in any contract or other instrument to which
Guarantor is a party or by which Guarantor or any of its properties or assets are bound.

 

3.6.          No
Untrue Statements. To the knowledge of Guarantor, no Transaction Document or other document, certificate or statement furnished
to Buyer by or on behalf of Company or Guarantor contains any untrue statement of a material fact or omits to state a material
fact necessary in order to make the statements contained herein and therein not misleading. Guarantor acknowledges that all such
statements, representations and warranties shall be deemed to have been relied upon by Buyer as an inducement to purchase the Debentures.

 

4.          NO
LIMITATION OF LIABILITY

 

4.1.          Guarantor
acknowledges that the obligations undertaken herein involve the guaranty of obligations of a Person other than Guarantor and, in
full recognition of that fact, Guarantor consents and agrees that Buyer may, at any time and from time to time, without notice
or demand, and without affecting the enforceability or continuing effectiveness of this Guaranty: (i) change the manner, place
or terms of payment of (including, without limitation, any increase or decrease in the principal amount of the Obligations or the
interest rate), and/or change or extend the time for payment of, or renew, supplement or modify, any of the Obligations, any security
therefor, or any of the Transaction Documents evidencing same, and the Guaranty herein made shall apply to the Obligations and
the Transaction Documents as so changed, extended, renewed, supplemented or modified; (ii) sell, exchange, release, surrender,
realize upon or otherwise deal with in any manner and in any order, any property securing the Obligations; (iii) supplement, modify,
amend or waive, or enter into or give any agreement, approval, waiver or consent with respect to, any of the Obligations, or any
part thereof, or any of the Transaction Documents, or any additional security or guaranties, or any condition, covenant, default,
remedy, right, representation or term thereof or thereunder; (iv) exercise or refrain from exercising any rights against Company
or other Persons (including Guarantor) or against any security for the Obligations; (v) accept new or additional instruments, documents
or agreements in exchange for or relative to any of the Transaction Documents or the Obligations, or any part thereof; (vi) accept
partial payments on the Obligations; (vii) receive and hold additional security or guaranties for the Obligations, or any
part thereof; (viii) release, reconvey, terminate, waive, abandon, fail to perfect, subordinate, exchange, substitute, transfer
and/or enforce any security or guaranties, and apply any security and direct the order or manner of sale thereof as Buyer, in its
sole and absolute discretion, may determine; (ix) add, release, settle, modify or discharge the obligation of any maker, endorser,
guarantor, surety, obligor or any other Person who is in any way obligated for any of the Obligations, or any part thereof; (x)
settle or compromise any Obligations, whether in a Proceeding or not, and whether voluntarily or involuntarily, dispose of any
security therefor (with or without consideration and in whatever manner Buyer deems appropriate), and subordinate the payment of
any of the Obligations, whether or not due, to the payment of liabilities owing to creditors of Company other than Buyer and Guarantor;
(xi) consent to the merger, change or any other restructuring or termination of the corporate existence of Company or any other
Person, and correspondingly restructure the Obligations, and any such merger, change, restructuring or termination shall not affect
the liability of Guarantor or the continuing effectiveness hereof, or the enforceability hereof with respect to all or any part
of the Obligations; (xii) apply any sums it receives, by whomever paid or however realized, to any of the Obligations and/or (xiii)
take any other action which might constitute a defense available to, or a discharge of, Company or any other Person (including
Guarantor) in respect of the Obligations.

 

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4.2.          The
invalidity, irregularity or unenforceability of all or any part of the Obligations or any Transaction Document, or the impairment
or loss of any security therefor, whether caused by any action or inaction of Buyer, or otherwise, shall not affect, impair or
be a defense to Guarantor’s obligations under this Guaranty.

 

4.3.          Upon
the occurrence and during the continuance of any Event of Default, Buyer may enforce this Guaranty independently of any other remedy,
guaranty or security Buyer at any time may have or hold in connection with the Obligations, and it shall not be necessary for Buyer
to marshal assets in favor of Company, any other guarantor of the Obligations or any other Person or to proceed upon or against
and/or exhaust any security or remedy before proceeding to enforce this Guaranty. Guarantor expressly waives any right to require
Buyer to marshal assets in favor of Company or any other Person, or to proceed against Company or any other guarantor of the Obligations
or any collateral provided by any Person, and agrees that Buyer may proceed against any obligor (including Guarantor) and/or the
collateral in such order as Buyer shall determine in its sole and absolute discretion. Buyer may file a separate action or actions
against Guarantor, whether action is brought or prosecuted with respect to any security or against any other Person, or whether
any other Person is joined in any such action or actions. Guarantor agrees that Buyer and Company may deal with each other in connection
with the Obligations or otherwise, or alter any contracts or agreements now or hereafter existing between them, in any manner whatsoever,
all without in any way altering or affecting the security of this Guaranty.

 

4.4.          Guarantor
expressly waives, to the fullest extent permitted by applicable law, any and all defenses which Guarantor shall or may have as
of the date hereof arising or asserted by reason of: (i) any disability or other defense of Company, or any other guarantor for
the Obligations, with respect to the Obligations; (ii) the unenforceability or invalidity of any security for or guaranty of the
Obligations or the lack of perfection or continuing perfection or failure of priority of any security for the Obligations; (iii) the
cessation for any cause whatsoever of the liability of Company, or any other guarantor of the Obligations (other than by reason
of the full payment and performance of all Obligations (other than contingent indemnification obligations)); (iv) any failure of
Buyer to marshal assets in favor of Company or any other Person; (v) any failure of Buyer to give notice of sale or other disposition
of collateral to Company or any other Person or any defect in any notice that may be given in connection with any sale or disposition
of collateral; (vi) any failure of Buyer to comply with applicable laws in connection with the sale or other disposition of any
collateral or other security for any Obligations, including, without limitation, any failure of Buyer to conduct a commercially
reasonable sale or other disposition of any collateral or other security for any Obligations; (vii) any act or omission of Buyer
or others that directly or indirectly results in or aids the discharge or release of Company or any other guarantor of the Obligations,
or of any security or guaranty therefor by operation of law or otherwise; (viii) any law which provides that the obligation of
a surety or guarantor must neither be larger in amount or in other respects more burdensome than that of the principal or which
reduces a surety’s or guarantor’s obligation in proportion to the principal obligation; (ix) any failure of Buyer to
file or enforce a claim in any bankruptcy or other proceeding with respect to any Person; (x) the election by Buyer, in any bankruptcy
proceeding of any Person, of the application or non-application of Section 1111(b)(2) of the United States Bankruptcy Code; (xi)
any extension of credit or the grant of any lien under Section 364 of the United States Bankruptcy Code; (xii) any use of collateral
under Section 363 of the United States Bankruptcy Code; (xiii) any agreement or stipulation with respect to the provision of adequate
protection in any bankruptcy proceeding of any Person; (xiv) the avoidance of any lien or security interest in favor of Buyer for
any reason; (xv) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, liquidation or dissolution proceeding
commenced by or against any Person, including without limitation any discharge of, or bar or stay against collecting, all or any
of the Obligations (or any interest thereon) in or as a result of any such proceeding; or (xvi) any action taken by Buyer that
is authorized by this Section or any other provision of any Transaction Document. Guarantor expressly waives all setoffs and counterclaims
and all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest,
notices of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Obligations, and all
notices of acceptance of this Guaranty or of the existence, creation or incurrence of new or additional Obligations.

 

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4.5.          This
is a continuing guaranty and shall remain in full force and effect as to all of the Obligations until such date as all amounts
owing by Company to Buyer shall have been paid in full in cash and all obligations of Company with respect to any of the Obligations
shall have terminated or expired (other than contingent indemnification obligations) (such date is referred to herein as the “Termination
Date”).

 

		5.	LIMITATION ON SUBROGATION

 

Until the Termination Date, Guarantor waives
any present or future right to which Guarantor is or may become entitled to be subrogated to Buyer’s rights against Company
or to seek contribution, reimbursement, indemnification, payment or the like, or participation in any claim, right or remedy of
Buyer against Company or any security which Buyer now has or hereafter acquires, whether or not such claim, right or remedy arises
under contract, in equity, by statute, under common law or otherwise. If, notwithstanding such waiver, any funds or property shall
be paid or transferred to Guarantor on account of such subrogation, contribution, reimbursement, or indemnification at any time
when all of the Obligations have not been paid in full, Guarantor shall hold such funds or property in trust for Buyer and shall
forthwith pay over to Buyer such funds and/or property to be applied by Buyer to the Obligations.

 

		6.	COVENANTS

 

6.1.          Financial
Statements; Compliance Certificate. No later than ten (10) days after written request therefore from Buyer, Guarantor shall
deliver to Buyer: (a) financial statements disclosing all of Guarantor’s assets, liabilities, net worth, income and contingent
liabilities, all in reasonable detail and in form reasonably acceptable to Buyer, signed by Guarantor, and certified by Guarantor
to Buyer to be true, correct and complete in all material respects; (b) complete copies of federal tax returns, including all schedules,
each of which shall be signed and certified by Guarantor to be true and complete copies of such returns; and (c) such other information
respecting the Guarantor as Buyer may from time to time reasonably request.

 

6.2.          Subordination
of Other Debts. Guarantor hereby: (a) subordinates the obligations now or hereafter owed by Company to Guarantor (“Subordinated
Debt”) to any and all obligations of Company to Buyer now or hereafter existing while this Guaranty is in effect, and
hereby agrees that Guarantor will not request or accept payment of or any security for any part of the Subordinated Debt, and any
proceeds of the Subordinated Debt paid to Guarantor, through error or otherwise, shall immediately be forwarded to Buyer by Guarantor,
properly endorsed to the order of Buyer, to apply to the Obligations.

 

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6.3.          Security
for Guaranty. All of Guarantor’s obligations and liabilities evidenced by this Guaranty is also secured by all of the
Collateral of the Guarantor pursuant to that certain Security Agreement by and between the Guarantor and Buyer made of even date
herewith (the “Security Agreement”). All of the agreements, conditions, covenants, provisions, representations,
warranties and stipulations contained in the Security Agreement or any other Transaction Documents to which Guarantor is a party
which are to be kept and performed by the Guarantor are hereby made a part of this Guaranty to the same extent and with the same
force and effect as if they were fully set forth herein, and the Guarantor covenants and agrees to keep and perform them, or cause
them to be kept or performed, strictly in accordance with their terms.

 

		7.	EVENTS OF DEFAULT

 

Each of the Events of Default in the Debenture,
Purchase Agreement or any other Transaction Document shall constitute an Event of Default hereunder.

 

		8.	REMEDIES.

 

8.1.          Upon
an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, all liabilities and obligations
of Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies
provided by law or in equity, Buyer may:

 

8.1.1.     Enforce
the obligations of Guarantor under this Guaranty.

 

8.1.2.     To
the extent not prohibited by and in addition to any other remedy provided by law or equity, setoff against any of the Obligations
any sum owed by Buyer in any capacity to Guarantor whether due or not.

 

8.1.3.     Perform
any covenant or agreement of Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money
as may be required or as Buyer may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys’
fees and costs, incurred by Buyer in connection with the foregoing shall be included in the Obligations guaranteed hereby, and
shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest
to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer shall not be deemed to
be a waiver or release of Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer.

 

8.2.          Settlement
of any claim by Buyer against Company, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce
the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company or any other obligated
Person and legally retained by Buyer in connection with the settlement (unless otherwise provided for herein or therein).

 

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		9.	MISCELLANEOUS.

 

9.1.          Disclosure
of Financial Information. Buyer is hereby authorized to disclose any financial or other information about Guarantor to any
governmental authority having jurisdiction over Buyer or to any present, future or prospective participant or successor in interest
in the Debentures, provided that any such participant or successor in interest agree to maintain such information confidential
and limit the distribution of such information only to such persons’ Affiliates’ respective partners, directors, officers,
employees, representatives, advisors and agents, including accountants, legal counsel and other advisors (it being understood that
the persons to whom such disclosure is made will be informed of the confidential nature of such information and instructed to keep
such information confidential). The information provided may include, without limitation, amounts, terms, balances, payment history,
return item history and any financial or other information about Guarantor.

 

9.2.          Remedies
Cumulative. The rights and remedies of Buyer, as provided herein and in any other Transaction Document, shall be cumulative
and concurrent, may be pursued separately, successively or together, may be exercised as often as occasion therefor shall arise,
and shall be in addition to any other rights or remedies conferred upon Buyer at law or in equity. The failure, at any one or more
times, of Buyer to exercise any such right or remedy shall in no event be construed as a waiver or release thereof. Buyer shall
have the right to take any action it deems appropriate without the necessity of resorting to any collateral securing this Guaranty.

 

9.3.          Integration.
This Guaranty and the other Transaction Documents constitute the sole agreement of the parties with respect to the transactions
contemplated hereby and thereby and supersede all oral negotiations and prior writings with respect thereto.

 

9.4.          Attorneys’
Fees and Expenses. If Buyer retains the services of counsel by reason of a claim of an Event of Default hereunder or under
any of the other Transaction Documents, or on account of any matter involving this Guaranty, or for examination of matters subject
to Buyer’s approval under the Transaction Documents, all costs of suit and all reasonable attorneys’ fees and such
other reasonable expenses so incurred by Buyer shall forthwith, on demand, become due and payable and shall be secured hereby.

 

9.5.          No
Implied Waiver. Buyer shall not be deemed to have modified or waived any of its rights or remedies hereunder unless such modification
or waiver is in writing and signed by Buyer, and then only to the extent specifically set forth therein. A waiver in one event
shall not be construed as continuing or as a waiver of or bar to such right or remedy on a subsequent event.

 

9.6.          Waiver.
Except as otherwise provided herein or in any of the Transaction Documents, Guarantor waives notice of acceptance of this Guaranty
and notice of the Obligations and waives notice of default, non-payment, partial payment, presentment, demand, protest, notice
of protest or dishonor, and all other notices to which Guarantor might otherwise be entitled or which might be required by law
to be given by Buyer. Guarantor waives the right to any stay of execution and the benefit of all exemption laws, to the extent
permitted by law, and any other protection granted by law to guarantors, now or hereafter in effect with respect to any action
or proceeding brought by Buyer against it. Guarantor irrevocably waives all claims of waiver, release, surrender, alteration or
compromise and the right to assert against Buyer any defenses, set-offs, counterclaims, or claims that Guarantor may have at any
time against Company or any other party liable to Buyer.

 

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9.7.          No
Third Party Beneficiary. Except as otherwise provided herein, Guarantor and Buyer do not intend the benefits of this Guaranty
to inure to any third party and no third party (including Company) shall have any status, right or entitlement under this Guaranty.

 

9.8.          Partial
Invalidity. The invalidity or unenforceability of any one or more provisions of this Guaranty shall not render any other provision
invalid or unenforceable. In lieu of any invalid or unenforceable provision, there shall be added automatically a valid and enforceable
provision as similar in terms to such invalid or unenforceable provision as may be possible.

 

9.9.          Binding
Effect. The covenants, conditions, waivers, releases and agreements contained in this Guaranty shall bind, and the benefits
thereof shall inure to, the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns;
provided, however, that this Guaranty cannot be assigned by Guarantor without the prior written consent of Buyer, and any such
assignment or attempted assignment by Guarantor shall be void and of no effect with respect to the Buyer.

 

9.10.         Modifications.
This Guaranty may not be supplemented, extended, modified or terminated except by an agreement in writing signed by the party against
whom enforcement of any waiver, change, modification or discharge is sought.

 

9.11.         Sales
or Participations. Buyer may from time to time sell or assign the Debentures, in whole or in part, or grant participations
in the Debentures and/or the obligations evidenced thereby without the consent of Company or Guarantor (other than as provided
in the Purchase Agreement), provided, however, Buyer shall provide written notice to Company and Guarantor of any such assignment
or grant of participations. The holder of any such sale, assignment or participation, if the applicable agreement between Buyer
and such holder so provides, shall be: (a) entitled to all of the rights, obligations and benefits of Buyer (to the extent of such
holder’s interest or participation); and (b) deemed to hold and may exercise the rights of setoff or banker’s lien
with respect to any and all obligations of such holder to Guarantor (to the extent of such holder’s interest or participation),
in each case as fully as though Guarantor was directly indebted to such holder. Buyer may in its discretion give notice to Guarantor
of such sale, assignment or participation; however, the failure to give such notice shall not affect any of Buyer’s or such
holder’s rights hereunder.

 

9.12.         MANDATORY
FORUM SELECTION. Any dispute arising under, relating to, or in connection with THIS
GUARANTY or related to any matter which is the subject of or incidental to THIS GUARANTY, ANY OTHER TRANSACTION 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;
provided, however, BUYER may, at its sole option, elect to bring any action in any other jurisdiction.
This provision is intended to be a “mandatory” forum selection clause and governed by and interpreted consistent with
Florida law OR NEVADA LAW, AS APPLICABLE. GUARANTOR 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 GUARANTOR, AS SET FORTH HEREIN
OR IN THE MANNER PROVIDED BY APPLICABLE STATUTE, LAW, RULE OF COURT OR OTHERWISE.

 

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9.13.         Notices. All notices, requests and demands to or upon Buyer or Guarantor, to be effective, shall be delivered in the manner
and addressed at the applicable address set forth in the Purchase Agreement. The Guarantor agrees and acknowledges that notice
to each of them may be sent and delivered to the Company, as required under the Purchase Agreement, and such notice to the Company
shall be deemed valid and effective notice to Guarantor hereunder.

 

9.14.        Governing
Law. Except in the case of the Mandatory Forum Selection clause set forth in Section 9.12 hereof, this Guaranty shall
be governed by and construed in accordance with the substantive laws of the State of Nevada without reference to conflict of laws
principles.

 

9.15.        Joint
and Several Liability. The word “Guarantor” or “Guarantors” shall mean all of the undersigned persons,
if more than one, and their liability shall be joint and several. The liability of Guarantor shall also be joint and several with
the liability of any other guarantor under any other guaranty.

 

9.16.        Continuing
Enforcement. If, after receipt of any payment of all or any part of the Obligations, Buyer is compelled or reasonably agrees,
for settlement purposes, to surrender such payment to any person or entity for any reason (including, without limitation, a determination
that such payment is void or voidable as a preference or fraudulent conveyance, an impermissible setoff, or a diversion of trust
funds), then this Guaranty shall continue in full force and effect or be reinstated, as the case may be, and Guarantor shall be
liable for, and shall indemnify, defend and hold harmless Buyer with respect to the full amount so surrendered. The provisions
of this Section shall survive the termination of this Guaranty and shall remain effective notwithstanding the payment of the Obligations,
the cancellation, conversion or redemption of the Debentures, this Guaranty or any other Transaction Document, the release of any
security interest, lien or encumbrance securing the Obligations or any other action which Buyer may have taken in reliance upon
its receipt of such payment. Any cancellation, release or other such action shall be deemed to have been conditioned upon any payment
of the Obligations having become final and irrevocable.

 

9.17.        WAIVER
OF JURY TRIAL. GUARANTOR AGREES THAT, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ANY SUIT, ACTION OR PROCEEDING, WHETHER CLAIM
OR COUNTERCLAIM, BROUGHT BY LENDER OR GUARANTOR ON OR WITH RESPECT TO THIS GUARANTY OR ANY OTHER LOAN DOCUMENT OR THE DEALINGS
OF THE PARTIES WITH RESPECT HERETO OR THERETO, SHALL BE TRIED ONLY BY A COURT AND NOT BY A JURY. LENDER AND GUARANTOR HEREBY KNOWINGLY,
VOLUNTARILY, INTENTIONALLY AND INTELLIGENTLY, AND WITH THE ADVICE OF THEIR RESPECTIVE COUNSEL, WAIVE, TO THE EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT TO A TRIAL BY JURY IN ANY SUCH SUIT, ACTION OR PROCEEDING. FURTHER, LENDER AND GUARANTOR WAIVE ANY RIGHT
THEY MAY HAVE TO CLAIM OR RECOVER, IN ANY SUCH SUIT, ACTION OR PROCEEDING, ANY SPECIAL, EXEMPLARY, PUNITIVE, CONSEQUENTIAL OR OTHER
DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES. GUARANTOR ACKNOWLEDGES AND AGREES THAT THIS SECTION IS A SPECIFIC AND MATERIAL
ASPECT OF THIS GUARANTY AND THAT LENDER WOULD NOT PURCHASE THE DEBENTURES IF THE WAIVERS SET FORTH IN THIS SECTION WERE NOT A PART
OF THIS GUARANTY.

 

[ signature page follows ]

 

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IN WITNESS WHEREOF, Guarantor, intending
to be legally bound, has duly executed and delivered this Guaranty Agreement as of the day and year first above written.

 

	 	UNORTH ONE LLC
	 	 
	 	By:	 
	 	Name:
	 	Title:

 

	STATE OF _____________________	)	 
	 	)  SS.	 
	COUNTY OF ___________________	)	 

 

The undersigned, a
Notary Public in and for the said County, in the State aforesaid, DOES HEREBY CERTIFY that _______________________, the ______________________
of _______________________, a _______________ limited liability company, who is personally known to me to be the same person whose
name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he/she signed and delivered
the said instrument as his/her own free and voluntary act and as the free and voluntary act of said corporation, for the uses and
purposes therein set forth.

 

GIVEN under my hand and notarial seal this
_____ day of ________________, 20____.

 

 

	 	Notary Public	 
	 	 	 
	 	My Commission Expires:	 
	 	 	 
	 	 	 

 

    	 	10Exhibit 10.8

 

PLEDGE AGREEMENT

 

THIS PLEDGE AGREEMENT
(as may be amended, restated or modified from time to time, this “Pledge Agreement”), dated as of March
31, 2016 but made effective as of October 12, 2016, is made by and between MOTA GROUP, INC., a corporation incorporated
under the laws of the State of Delaware, as pledgor (the “Pledgor”), and TCA GLOBAL CREDIT MASTER
FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands, as pledgee (the “Pledgee”).

 

WITNESSETH:

 

WHEREAS, pursuant to
that certain Securities Purchase Agreement, dated as of March 31, 2016 but made effective as of the date hereof (the “Purchase
Agreement”), by and between the Pledgor and the Pledgee, the Pledgor has agreed to issue to the Pledgee and the Pledgee
has agreed to purchase from the Pledgor certain senior secured redeemable debentures (the “Debentures”),
as more specifically set forth in the Purchase Agreement;

 

WHEREAS, as of the date
hereof, the Pledgor is the registered and beneficial owner of one hundred percent (100%) of the issued and outstanding membership
interests (the “Pledged Securities”) of UNorth One LLC, a Nevada limited liability company (in such capacity,
the “Pledged Company”);

 

WHEREAS, in order to
induce the Pledgee to purchase the Debentures, the Pledgor has agreed to execute and deliver to the Pledgee, as security for the
obligations of the Pledgor to the Pledgee, a pledge of all of the Pledgor’s right, title and interest in and to the Pledged
Securities;

 

NOW, THEREFORE, in consideration
of the premises set forth above, the covenants and agreements hereinafter set forth, and other good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, the Pledgor and the Pledgee agree as set forth below:

 

SECTION
1.     Defined Terms. Except as otherwise defined herein, terms defined in the Purchase Agreement
shall have the same meaning when used herein.

 

SECTION
2.      Grant of Security. As security for the Obligations (as defined in the Purchase Agreement),
the Pledgor hereby pledges, assigns, transfers and delivers to the Pledgee the Pledged Securities and hereby grants to the Pledgee
a first priority lien on and a first priority security interest in the following (collectively, the “Pledged Collateral”):

 

(i)           the Pledged
Securities and all capital, revenue, profit, income, gain or other property or proceeds, return on contribution or otherwise with
respect to the Pledged Securities;

 

(ii)          all securities,
moneys or property representing dividends or interest on any of the Pledged Securities, or representing a distribution in respect
of the Pledged Securities, or resulting from a split-up, revision, reclassification or other like change of the Pledged Securities
or otherwise received in exchange therefor, and any subscription warrants, rights or options issued to the holders of, or otherwise
in respect of, the Pledged Securities (exclusive of any equity holder loan);

 

    	 		 

     

    

  

(iii)
       all right, title and interest of Pledgor in, to and under any policy of insurance
payable by reason of loss or damage to the Pledged Securities and any other Pledged Collateral;

 

(iv)        all other
payments due or to become due to the Pledgor in respect of the Pledged Securities whether under any organizational document or
otherwise, whether as contractual obligations, damages or otherwise;

 

(v)         all “accounts”,
“general intangibles”, “instruments” and “investment property” (in each case as defined in
the UCC) constituting or relating to the foregoing;

 

(vi)        all Proceeds
of any of the foregoing property of Pledgor (including, without limitation, any proceeds of insurance thereon, all “accounts”,
“general intangibles”, “instruments” and “investment property”, in each case as defined in
the UCC, constituting or relating to the foregoing); and

 

(vii)       all other
property hereafter delivered in substitution for or in addition to any of the foregoing, all certificates and instruments representing
or evidencing such other property and all cash, securities, interest, dividends, rights and other property at any time and from
time to time received, receivable or otherwise distributed in respect of or in exchange for any or all thereof.

 

SECTION
3.      Pledge Documents. Concurrently with the execution of this Pledge Agreement and upon the circumstances described
in Section 6 hereof, the Pledgor shall execute and deliver to the Pledgee an irrevocable proxy in favor of the Pledgee in respect
of the Pledged Securities of the Pledged Company in the form set out in Exhibit A hereto (the “Irrevocable Proxy”)
and shall deliver to the Pledgee a signed, undated instrument of transfer in the form set out in Exhibit B hereto (an “Instrument
of Transfer”) pertaining thereto duly executed in blank.

 

SECTION
4.       Representations and Warranties. The Pledgor represents and warrants that:

 

(a)          it is the legal
and beneficial owner of, and has good and marketable title to, the Pledged Collateral, subject to no pledge, lien, mortgage, hypothecation,
security interest, charge, option or other encumbrance whatsoever, except the lien and security interest created and contemplated
by this Pledge Agreement;

 

(b)         it has full
power, authority and legal right to execute, deliver and perform its obligations under this Pledge Agreement and to create the
lien and security interest contemplated by this Pledge Agreement;

 

(c)         the Pledged
Securities of the Pledged Company (i) have been duly and validly created pursuant to the relevant organizational documents of the
Pledged Company, and (ii) constitute 100% of the total issued and outstanding membership interests of the Pledged Company;

 

    	 	2	 

     

    

 

(d)         the Pledged
Securities are “securities” governed by Article 8 of the UCC;

 

(e)         as of the date
hereof, no Person has entered into any options, warrants or other agreements to acquire additional membership interests in the
Pledged Company and there are no voting trusts or other member agreements or arrangements relating to any Pledged Collateral;

 

(f)          this Pledge
Agreement constitutes a valid obligation of the Pledgor, legally binding upon it and enforceable in accordance with its terms;

 

(g)         the pledge,
hypothecation, assignment of the Pledged Collateral and the delivery of the Pledged Securities (together with the Instrument of
Transfers) pursuant to and/or described in this Pledge Agreement create a valid and perfected first priority security interest
in the Pledged Collateral;

 

(h)         no consent
of any other party (including equity interest holders of the Pledgor) is required in connection with the execution, delivery, performance,
validity, enforceability or enforcement of this Pledge Agreement, and no consent, license, approval or authorization of, or registration
or declaration with, any governmental authority, bureau or agency is required in connection with the execution, delivery, performance,
validity, enforceability or enforcement of this Pledge Agreement;

 

(i)          the execution,
delivery and performance of this Pledge Agreement will not violate or contravene any provision of any existing law or regulation
or decree of any court, governmental authority, bureau or agency having jurisdiction in the premises or of the organizational documents
of the Pledgor or of any mortgage, indenture, security agreement, contract, undertaking or other agreement to which the Pledgor
is a party or which purports to be binding upon it or any of its properties or assets and will not result in the creation or imposition
of any lien, charge or encumbrance on, or security interest in, any of its properties or assets pursuant to the provisions of any
such mortgage, indenture, security agreement, contract, undertaking or other agreement;

 

(j)           its chief executive
office is located at 1600 E Desert Inn, Las Vegas, Nevada 89169; and

 

(k)         the representations
and warranties set forth in the Purchase Agreement insofar as they relate to the Pledgor are true and complete and the Pledgor
shall comply with each of the covenants set forth in the Purchase Agreement which are applicable thereto.

 

SECTION
5.    Covenants. The Pledgor hereby covenants that during the continuance of this Pledge Agreement:

 

(a)         it shall warrant
and defend the right and title of the Pledgee conferred by this Pledge Agreement in and to the Pledged Collateral at the cost of
the Pledgor against the claims and demands of all persons whomsoever;

 

(b)        it shall not
sell, assign, transfer, charge, pledge or encumber in any manner any part of the Pledged Collateral or suffer to exist any encumbrance
on the Pledged Collateral

 

    	 	3	 

     

    

  

(c)         it shall not
amend or modify any organizational document of the Pledged Company;

 

(d)         it shall not
vote the Pledged Securities of the Pledged Company in favor of the consolidation, merger, dissolution, liquidation or any other
reorganization of the Pledged Company;

 

(e)         it shall not
take from the Pledged Company any undertaking or security in respect of its liability hereunder or in respect of any other liability
of the Pledged Company to the Pledgor and the Pledgor shall not prove nor have the right of proof, in competition with the Pledgee,
for any monies whatsoever owing from the Pledged Company to the Pledgor, in any insolvency or liquidation, or analogous proceedings
under any applicable law, of the Pledgor;

 

(f)         subject to
the terms and conditions contained in the Purchase Agreement, there shall not be issued any additional membership interests in
the Pledged Company nor any options, warrants or other agreements to do so issued or entered into, provided however that if such
membership interests are issued, they shall immediately be pledged to the Pledgee hereunder;

 

(g)         it shall not
release, transfer or otherwise dispose of any membership interests held by the Pledged Company as treasury membership interests
or otherwise;

 

(h)         it shall furnish
to Pledgee from time to time statements and schedules further identifying and describing the Pledged Collateral as Pledgee reasonably
requests, all in reasonable detail;

 

(i)          it shall give
at least ninety (90) days’ prior written notice to Pledgee of any (i) change of the location of Pledgor’s chief executive
office from that specified in Section 4(j) hereof, (ii) change of Pledgor’s name, identity or structure or (iii) reorganization
or reincorporation of Pledgor under the laws of another jurisdiction; and

 

(j)          it shall indemnify
the Pledgee from, and hold it harmless against, any and all liabilities with respect to, or resulting from any delay in paying,
any and all stamp, excise, sales or other taxes which may be payable or determined to be payable with respect to any of the Pledged
Collateral or in connection with the transaction contemplated by this Pledge Agreement.

 

SECTION
6.      Delivery of Additional Collateral. If the Pledgor shall become entitled to receive or shall receive any equity
interests, option or rights, whether as an addition to, in substitution of, or in exchange for any of the Pledged Securities, the
Pledgor agrees to accept the same as the agent of the Pledgee and to hold the same in trust for the benefit of the Pledgee and
to deliver the same forthwith to the Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or
appropriate undated Instruments of Transfer duly executed in blank, and Irrevocable Proxies for any membership interests so received,
in substantially the forms attached hereto to be held by the Pledgee, subject to the terms hereof, as additional collateral security
for the Obligations.

 

    	 	4	 

     

    

  

SECTION
7.    General Authority. The Pledgor hereby consents that, without the necessity of any reservation of rights against
the Pledgor, and without notice to or further assent by the Pledgor, any demand for payment of any of the Obligations made by the
Pledgee may be rescinded by the Pledgee and any of the Obligations continued, and the Obligations, or the liability of the Pledgor
and/or the Pledged Company upon or for any part thereof, or any other collateral security (including, without limitation, any collateral
security held pursuant to any of the other Transaction Documents) or right of offset with respect thereto, may, from time to time,
in whole or in part, be renewed, extended, modified, accelerated, compromised, waived, surrendered, or released by the Pledgee,
and the Transaction Documents, any guarantees and any other collateral security documents executed and delivered by the Pledgor
and/or the Pledged Company or any other obligors in respect of the Obligations may be amended, modified, supplemented or terminated,
in whole or in part, as the Pledgee may deem advisable, from time to time, and any other collateral security at any time held by
the Pledgee for the payment of the Obligations (including, without limitation, any collateral security held pursuant to any other
collateral security document executed and delivered pursuant to the Transaction Documents) may be sold, exchanged, waived, surrendered
or released, all without notice to or further assent by the Pledgor or the Pledged Company, which shall remain bound hereunder,
notwithstanding any such renewal, extension, modification, acceleration, compromise, amendment, supplement, termination, sale,
exchange, waiver, surrender or release. The Pledgor waives any and all notices of the creation, renewal, extension or accrual of
any of the Obligations and notice of or proof of reliance by the Pledgee upon this Pledge Agreement, and the Obligations, and any
of them, shall conclusively be deemed to have been created, contracted or incurred in reliance upon this Pledge Agreement, and
all dealings between the Pledged Company and the Pledgee shall likewise be conclusively presumed to have been had or consummated
in reliance upon this Pledge Agreement. The Pledgor waives diligence, presentment, protest, demand for payment and notice of default
or non-payment to or upon the Pledgor or the Pledged Company with respect to the Obligations.

 

SECTION
8.     Voting Rights. The Pledgee shall, as the Pledgee and as the holder of the Irrevocable Proxies, receive notice
and have the right (but not the obligation) to vote the Pledged Securities at its own discretion at, any annual or special meeting,
as the case may be, of the shareholders of the Pledged Company, provided, however, that the Pledgee shall not be
entitled to receive notice, or to exercise such right to vote until the occurrence of and continuance of an Event of Default or
any of the security created by or pursuant to this Pledge Agreement shall be deemed materially imperiled or materially jeopardized
by the Pledgee in its reasonable discretion .

 

SECTION
9.      UCC Filings. The Pledgor does hereby authorize the Pledgee to do all things the Pledgee may reasonably deem
to be necessary or advisable in order to perfect or maintain the security interest granted by this Pledge Agreement including,
but not limited to, filing any and all Uniform Commercial Code financing statements or renewals thereof.

 

SECTION
10.    Remedies. At any time after the occurrence of an Event of Default or in the event any of the security created
by or pursuant to this Pledge Agreement shall be imperiled or jeopardized in a manner deemed material by the Pledgee in its sole
discretion, the Pledgee shall be entitled, without further notice to the Pledgor:

 

    	 	5	 

     

    

  

(a)     subject to the
limitations of Sections 9-610 and 9-615 of the UCC (to the extent applicable), to sell, assign, transfer and deliver at any time
the whole, or from time to time any part, of the Pledged Collateral or any rights or interests therein, at public or private sale
or in any other manner, at such price or prices and on such terms as the Pledgee may deem appropriate, and either for cash, on
credit, for other property or for future delivery, at the option of the Pledgee, upon not less than 10 days’ written notice
(which 10 day notice is hereby acknowledged by the Pledgor to be reasonable) addressed to the Pledgor at its last address provided
to the Pledgee pursuant to this Pledge Agreement, but without demand, advertisement or other notice of any kind (all of which are
hereby expressly waived by the Pledgor). If any of the Pledged Collateral or any rights or interests thereon are to be disposed
of at a public sale, the Pledgee may, without notice or publication, adjourn any such sale or cause the same to be adjourned from
time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, occur at the time
and place identified in such announcement. If any of the Pledged Collateral or any rights or interests therein shall be disposed
of at a private sale, the Pledgee shall be relieved from all liability or claim for inadequacy of price. At any such public sale
the Pledgee may purchase the whole or any part of the Pledged Collateral or any rights or interests therein so sold. Each purchaser,
including the Pledgee should it acquire the Pledged Collateral, at any public or private sale, shall hold the property sold free
from any claim or right of redemption, stay, appraisal or reclamation on the part of the Pledgor which are hereby expressly waived
and released to the extent permitted by applicable law. If any of the Pledged Collateral or any rights or interests therein shall
be sold on credit or for future delivery, the Pledged Collateral or rights or interests so sold may be retained by the Pledgee
until the selling price thereof shall be paid by the purchaser, but the Pledgee shall not incur any liability in case of failure
of the purchaser to take up and pay for the Pledged Collateral or rights or interests therein so sold. In case of any such failure,
the Pledged Collateral or rights or interests therein may again be sold on not less than 10 days’ written notice as aforesaid;
and

 

(b)     to exercise all
voting and other equity interest rights at any meeting of any Pledged Company and exercise any and all rights of conversion, exchange,
subscription or any other rights, privileges or options pertaining to the Pledged Securities of the Pledged Company as if it was
the absolute owner thereof, including, without limitation, the right to exchange at its discretion, such Pledged Securities upon
the merger, consolidation, reorganization, recapitalization or other readjustment of the Pledged Company or, upon the exercise
by the Pledged Company or the Pledgee of any right, privilege or option pertaining to such Pledged Share, and in connection therewith,
to deposit and deliver such Pledged Securities with any committee, depository, transfer agent, registrar or other designated agency
upon such terms and conditions as it may determine, all without liability except to account for property actually received by it.

 

SECTION
11.    No Duty on Pledgee. The Pledgee shall have no duty to exercise any of the aforesaid rights, privileges or
options and shall not be responsible for any failure to do so or delay in so doing.

 

SECTION
12.    Application of Proceeds. All moneys collected or received by the Pledgee pursuant to this Pledge Agreement
shall be applied as provided in the Purchase Agreement.

 

    	 	6	 

     

    

  

SECTION
13.    Miscellaneous.

 

13.1   Further Assurances.
The Pledgor agrees that if this Pledge Agreement shall, in the reasonable opinion of the Pledgee, at any time be deemed by the
Pledgee, for any reason, insufficient in whole or in part to carry out the true intent and spirit hereof, it shall execute or cause
to be executed such other documents or deliver or cause to be delivered such further assurances as in the reasonable opinion of
the Pledgee may be required in order to more effectively accomplish the purposes of this Pledge Agreement including, without limitation,
an alternative pledge or such other alternative security as the Pledgee shall reasonably require.

 

13.2   Remedies Cumulative
and Not Exclusive; No Waiver. Each and every right, power and remedy herein given to the Pledgee shall be cumulative and shall
be in addition to every other right, power and remedy of the Pledgee now or hereafter existing at law, in equity or by statute,
and each and every right, power and remedy, whether herein given or otherwise existing, may be exercised from time to time, in
whole or in part, and as often and in such order as may be deemed expedient by the Pledgee, and the exercise or the beginning of
the exercise of any right, power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter
any other right, power or remedy. No failure, delay or omission by the Pledgee in the exercise of any right or power or in the
pursuance of any remedy accruing upon any breach or default by the Pledgor or any Credit Party shall impair any such right, power
or remedy or be construed to be a waiver of any such right, power or remedy or to be an acquiescence therein; nor shall the acceptance
by the Pledgee of any security or of any payment of or on account of any of the amounts due from the Pledgor or any Credit Party
to the Pledgee and maturing after any breach or default or of any payment on account of any past breach or default be construed
to be a waiver of any right with respect to any future breach or default or of any past breach or default not completely cured
thereby. In addition to the rights and remedies granted to it in this Pledge Agreement and in any other instrument or agreement
securing, evidencing or relating to any of the Obligations, the Pledgee shall have rights and remedies of a secured party under
the UCC.

 

13.3   Successors and
Assigns. This Pledge Agreement and all obligations of the Pledgor hereunder shall be binding upon the successors and assigns
of the Pledgor and shall, together with the rights and remedies of the Pledgee hereunder, inure to the benefit of the Pledgee,
its respective successors and assigns.

 

13.4   Waiver; Amendment.
None of the terms and conditions of this Pledge Agreement may be changed, waived, modified or varied in any manner whatsoever unless
in writing duly signed by the Pledgor and the Pledgee.

 

13.5   Invalidity.
If any provision of this Pledge Agreement shall at any time, for any reason, be declared invalid, void or otherwise inoperative
by a court of competent jurisdiction, such declaration or decision shall not affect the validity of any other provision or provisions
of this Pledge Agreement, or the validity of this Pledge Agreement as a whole and, to the fullest extent permitted by law, the
other provisions hereof shall remain in full force and effect in such jurisdiction and shall be liberally construed in favor of
the Pledgee in order to carry out the intentions of the parties hereto as nearly as may be possible. The invalidity and unenforceability
of any provision hereof in any jurisdiction shall not affect the validity or enforceability of such provision in any other jurisdiction.

 

13.6   Notices.
All notices of request, demand and other communications hereunder shall be addressed, sent and deemed delivered in accordance with
the Purchase Agreement, including delivery of any such notices or communications to the Pledged Company on behalf of the Pledgor,
which Pledgor hereby agrees and acknowledges shall be valid and effective notice to the Pledgor hereunder.

 

    	 	7	 

     

    

  

13.7   Counterparts;
Electronic Delivery. This Pledge Agreement may be executed in any number of counterparts, each of which shall be deemed an
original, but all such counterparts together shall constitute one and the same instrument. Delivery of an executed counterpart
of this Pledge Agreement by facsimile or electronic transmission shall be deemed as effective as delivery of an originally executed
counterpart. In the event that the Pledgor delivers an executed counterpart of this Pledge Agreement by facsimile or electronic
transmission, the Pledgor shall also deliver an originally executed counterpart as soon as practicable, but the failure of the
Pledgor to deliver an originally executed counterpart of this Pledge Agreement shall not affect the validity or effectiveness of
this Pledge Agreement.

 

13.8   References.
References herein to Sections, Exhibits and Schedules are to be construed as references to sections of, exhibits to, and schedules
to, this Pledge Agreement, unless the context otherwise requires.

 

13.9   Headings.
In this Pledge Agreement, Section headings are inserted for convenience of reference only and shall not be taken into account in
the interpretation of this Pledge Agreement.

 

13.10 Termination.
When all of the Obligations shall have been fully satisfied, the Pledgee agrees that it shall forthwith release the Pledgor from
its Obligations hereunder and the Pledgee, at the request and expense of the Pledgor, shall promptly execute and deliver to the
Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Pledge Agreement, and the Irrevocable
Proxies shall terminate forthwith and be delivered to the Pledgor forthwith together with the other items furnished to the Pledgee
pursuant to this Pledge Agreement.

 

SECTION
14.    Applicable Law, Jurisdiction and Waivers.

 

14.1   Governing Law.
Except in the case of the Mandatory Forum Selection clause set forth in Section 14.2 hereof, this Pledge Agreement shall
be governed by and construed in accordance with the laws of the Nevada, without regard to principles of conflicts of laws thereof.

 

14.2   MANDATORY
FORUM SELECTION. Any dispute arising under, relating to, or in connection with the
Agreement or related to any matter which is the subject of or incidental to the Agreement (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; provided, however, PLEDGEE may, at its sole option, elect to bring any
action in any other jurisdiction.  This provision is intended to be a “mandatory” forum selection clause
and governed by and interpreted consistent with Florida law.

 

    	 	8	 

     

    

  

14.3   WAIVER OF IMMUNITY.
TO THE EXTENT THAT THE PLEDGOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY FROM SUIT, JURISDICTION OF ANY COURT OR ANY LEGAL PROCESS
(WHETHER THROUGH ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION, EXECUTION OF A JUDGMENT, OR FROM ANY OTHER LEGAL
PROCESS OR REMEDY) WITH RESPECT TO ITSELF OR ITS PROPERTY, THE PLEDGOR HEREBY IRREVOCABLY WAIVES SUCH IMMUNITY IN RESPECT OF ITS
OBLIGATIONS UNDER THIS PLEDGE AGREEMENT.

 

14.4   WAIVER OF JURY
TRIAL. EACH OF THE PLEDGOR AND THE PLEDGEE HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY
ANY PARTY HERETO OR ANY BENEFICIARY HEREOF ON ANY MATTER WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS PLEDGE AGREEMENT.

 

[-signature page follows-]

  

    	 	9	 

     

    

 

 

IN WITNESS WHEREOF, the
parties hereto have caused this Pledge Agreement to be duly executed the day and year first above written.

 

	 	PLEDGOR:
	 	 
	 	MOTA GROUP, INC.
	 	 
	 	By:	 
	 	Name:	Michael M. Faro
	 	Title:	President

 

STATE OF ________________            )

                                                               )   SS.

COUNTY OF ______________            )

 

The undersigned, a
Notary Public in and for the said County, in the State aforesaid, DOES HEREBY CERTIFY that Michael M. Faro, the President of Mota
Group, Inc., a Delaware corporation, who is personally known to me to be the same person whose name is subscribed to the foregoing
instrument, appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her
own free and voluntary act and as the free and voluntary act of said corporation, for the uses and purposes therein set forth.

 

	GIVEN under my hand and notarial seal this ______ day of _______________, 20____.

 

	 	 	 
	 	Notary Public	 
	 	 	 
	 	My Commission Expires:	 
	 	 	 
	 	 	 

 

[ signature page to Pledge Agreement ]

 

    	 		 

     

    

 

	 	PLEDGEE
	 	 
	 	TCA GLOBAL CREDIT MASTER FUND, LP
	 	 
	 	By:	TCA Global Credit Fund GP, Ltd.
	 	Its:	General Partner
	 	 
	 	By:	 
	 	Name:	Robert Press
	 	Title:	Director

 

[ signature page to Pledge Agreement ]

 

    	 	11	 

     

    

 

EXHIBIT A

 

IRREVOCABLE
PROXY

 

The undersigned, the
registered and beneficial owner of the below described membership interests of UNorth One LLC, a Nevada limited liability company
(“Pledged Company”), hereby makes, constitutes and appoints, TCA Global Credit Master Fund, LP, a limited
partnership organized and existing under the laws of the Cayman Islands (the “Pledgee”), with full power
to appoint a nominee or nominees to act hereunder from time to time, the true and lawful attorney and proxy of the undersigned
to vote one hundred percent (100%) of the membership interests of the Pledged Company, at all annual and special meetings of the
Pledged Company or take any action by written consent with the same force and effect as the undersigned might or could do, hereby
ratifying and confirming all that the said attorney or its nominee or nominees shall do or cause to be done by virtue hereof.

 

The said membership interests
have been pledged (the “Pledge”) to the Pledgee pursuant and subject to a Pledge Agreement, dated as
of March 31, 2016 and effective as of October 12, 2016, by and between the undersigned and the Pledgee.

 

This power and proxy
is coupled with an interest and is irrevocable and shall remain irrevocable so long as the Pledge is outstanding and is in full
force and effect.

 

IN WITNESS WHEREOF, the
undersigned has caused this instrument to be duly executed on October 12, 2016.

 

	 	MOTA GROUP, INC.
	 	 
	 	By:	 
	 	Name:	Michael M. Faro
	 	Title:	President

 

    	 		 

     

    

 

 

 

EXHIBIT B

 

INSTRUMENT OF TRANSFER

 

	FOR VALUE RECEIVED:	 
	 
	 

	 	 	PLEASE INSERT SOCIAL SECURITY OR

OTHER

IDENTIFYING NUMBER OR ASSIGNEE	 	 
	hereby sells, assigns and transfers unto 	 	 	 	 
	 	 	 	 	 

	 
	 

 

	 	 	100% of the Membership Interests	Of 	UNorth One LLC

 

	 	standing in my (our) name(s)

 

	on the books of said limited liability company represented by Certificate(s) No.(s).        	 

 

	herewith, and do hereby irrevocably constitute and appoint	 

 

	 	attorney to transfer the
	 	 
	said membership interests on the books of said limited liability company with full power of substitution in the premises, This Instrument is given for collateral purposes only pursuant to that certain Pledge Agreement between the undersigned and TCA Global Credit Master Fund, LP dated as of March 31, 2016 and made effective as of October 12, 2016.
	 
	Dated	 	 
	 	 	 	 

 

	 	 	 
	 	 	 	 	 
	In presence of 	 	 	 	 
	 	 	Name:

Title:

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