Document:

NEITHER
THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXCHANGEABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE
COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A
LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.
THIS SECURITY AND THE SECURITIES ISSUABLE UPON CONVERSION OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.

 

PROMISSORY
NOTE

 

	$530,000.00	as
    of January 26, 2018

 

FOR
VALUE RECEIVED, RealBiz Media Group, Inc., a Delaware corporation located at 9841 Washingtonian Boulevard, Suite 390, Gaithersburg,
Maryland 20878 (the “Maker”), promises to pay to the order of Donald P. Monaco, as Trustee of the Donald P.
Monaco Insurance Trust, located at 325 S. Lake Avenue, Suite 604, Duluth, Minnesota 55802 (the “Payee”) or
his or its registered assigns (with the Payee, the “Holder”), upon the terms set forth below, the principal
sum of Five Hundred Thirty Thousand Dollars and no cents ($530,000.00) plus interest on the unpaid principal sum outstanding at
the rate of twelve percent (12%) per annum, payable at maturity in one year from the date of this Promissory Note (this “Note”).
This Note replaces that certain Promissory Note dated January 2, 2018 in its entirety.

 

Definitions.
When used in this Note, the following terms shall have the respective meanings specified herein or in the Section
referred to:

 

Maturity
Date means the January 26, 2019.

 

Maximum
Rate means, with respect to the holder hereof, the maximum non-usurious rate of interest which, under all legal requirements,
such holder is permitted to contract for, charge, take, reserve, or receive on the Obligations.

 

    	RBIZ Promissory Note	Page 1 

     

    

 

Note
means this Promissory Note (as amended, modified, extended, or restated from time to time).

 

Note
or Equity Financing means the next debt or equity financing that the Maker enters into.

 

Obligations
means all present and future indebtedness, obligations, and liabilities and all renewals and extensions thereof, or any
part thereof, now or hereafter owed to Payee by Maker, whether arising pursuant to this Note, or otherwise, and all renewals and
extensions thereof, together with all interest accruing thereon and costs, expenses, and attorneys’ fees incurred in the
enforcement or collection thereof.

 

1.
Payments and Interest.

 

(a)
Principal and Interest. The unpaid principal of this Note, and all accrued but unpaid interest thereon, shall be due and
payable at the Maturity Date.

 

(b)
Interest Rate. Subject to Section 3(c), the unpaid principal balance of this Note shall bear interest from
the date of advance until paid at a rate per annum is 12%.

 

(c)
Default Rate. All past due principal of, and to the extent permitted by applicable law, interest on, this Note shall bear
interest until paid at the Interest Rate plus six percent (6%).

 

(d)
Computation of Interest Rates. Subject to applicable usury laws, interest shall be computed at a daily rate equal to 1/360
of the applicable rate of interest per annum, unless the Maximum Rate shall be in effect, in which case interest shall be computed
at a daily rate equal to 1/365 or 1/366, as appropriate, of the applicable rate of interest per annum.

 

(e)
Optional Prepayments. Maker shall have the right, from time to time, to prepay the unpaid principal of this Note, in whole
or in part, without premium or penalty, upon the payment of accrued interest on the amount prepaid to and including the date of
payment.

 

(f)
Manner and Application of Payments. All payments and prepayments by Maker on account of principal or interest hereunder
shall be made in immediately available funds. All such payments shall be made to Payee at the address set forth above, or wire
transferred to a bank account specified by Payee if Payee so requests, no later than 12:00 noon, eastern time, on the date due
and funds received after that hour shall be deemed to have been received by Payee on the next following business day. If any payment
is scheduled to become due and payable on a day that is not a business day, such payment shall instead become due and payable
on the immediately following business day and interest on the principal portion of such payment shall be payable at the then applicable
rate during such extension. All payments made on this Note shall be applied first to accrued interest and then to principal.

 

    	RBIZ Promissory Note	Page 2 

     

    

 

3.
Usury Laws. Regardless of any provisions contained in this Note, Payee shall never be deemed to have contracted for or be
entitled to receive, collect, or apply as interest on this Note, any amount in excess of the Maximum Rate, and, in the event Payee
ever receives, collects, or applies as interest any such excess, such amount which would be excessive interest shall be applied
to the reduction of the unpaid principal balance of this Note, and, if the principal balance of this Note is paid in full, then
any remaining excess shall forthwith be paid to Maker. In determining whether or not the interest paid or payable under any specific
contingency exceeds the highest lawful rate, Maker and Payee shall, to the maximum extent permitted under applicable law, (a)
characterize any non-principal payment (other than payments which are expressly designated as interest payments hereunder) as
an expense, fee, or premium, rather than as interest, (b) exclude voluntary prepayments and the effect thereof, and (c) spread
the total amount of interest throughout the entire contemplated term of this Note so that the interest rate is uniform throughout
such term.

 

4.
Non-liability of Payee. The relationship between Maker and Payee is, and shall at all times remain, solely that of Maker and
Payee and Payee has no fiduciary or other special relationship with Maker.

 

5.
[INTENTIONALLY OMITTED]

 

6.
Remedies. If the Obligations are not paid in full on the Maturity Date, then Payee at its option
may (a) foreclose any liens and security interests securing payment of the Obligations or (b) exercise any of Payee’s other
rights, powers, recourses and remedies under this Note, under any documents executed in connection with this Note, or at law or
in equity. (c) Payee may convert any amounts owed to Common Stock of Maker in an amount equal to the lowest closing price of the
common stock during the previous fifteen (15) trading days from the receipt of notice from Payee. Maker shall issue that amount
of Common Stock within three business days upon receipt of notice. Notwithstanding the foregoing, if either Maker shall (i) commence
a voluntary proceeding seeking liquidation, reorganization, or other relief with respect to itself or its debts under any bankruptcy,
insolvency, or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian,
or other similar official of it or a substantial part of its property or shall consent to any such relief or to the appointment
of or taking possession by any such official in an involuntary case or other proceeding commenced against it or shall make a general
assignment for the benefit of creditors or shall generally fail to pay its debts as they become due or shall take any corporate
action to authorize any of the foregoing or (ii) an order, judgment, or decree shall be entered by any court of competent jurisdiction
or other competent authority approving a petition seeking reorganization of either Maker or appointing a receiver, trustee, intervenor
or liquidator of any such person, or of all or substantially all of its or their assets, then the Obligations shall become immediately
due and payable without presentment, demand, protest, or other notice of any kind, all of which are hereby waived by Maker.

 

    	RBIZ Promissory Note	Page 3 

     

    

 

7.
Indemnification by Maker. Whether or not the transactions contemplated hereby are consummated, Maker shall, jointly and severally,
indemnify and hold harmless Payee and its affiliates, directors, officers, employees, counsel, agents and attorneys-in-fact (collectively
the “Indemnitees”) from and against any and all liabilities, obligations, losses, damages, penalties,
claims, demands, actions, judgments, suits, costs, expenses and disbursements (including attorney costs) of any kind or nature
whatsoever which may at any time be imposed on, incurred by, or asserted against any such Indemnitee in any way relating to or
arising out of or in connection with (a) the execution, delivery, enforcement, performance, or administration of this Note or
any other agreement, letter or instrument delivered in connection with the transactions contemplated thereby or the consummation
of the transactions contemplated thereby, (b) the use or proposed use of the proceeds of any loan evidenced by this Note, (c)
the past or ongoing business activities of either Maker or any of its affiliates, directors, officers, employees or agents, or
(d) any actual or prospective claim, litigation, investigation, or proceeding relating to any of the foregoing, whether based
on contract, tort, or any other theory (including any investigation of, preparation for, or defense of any pending or threatened
claim, investigation, litigation, or proceeding) and regardless of whether any Indemnitee is a party thereto.

 

8.
Costs. If this Note is placed in the hands of an attorney for collection, or if it is collected through any legal proceeding
at law or in equity, or in bankruptcy, receivership or other court proceedings, Maker agrees to pay all costs of collection, including,
but not limited to, court costs and reasonable attorneys’ fees, including all costs of appeal.

 

9,
Notices. Any notices or other communications required or permitted to be given hereunder must be given in writing and must
be personally delivered or mailed by prepaid certified or registered mail to the party to whom such notice or communication is
directed at the address of such party as set forth above. Any such notice or other communication shall be deemed to have been
given (whether actually received or not) on the day it is personally delivered as aforesaid or, if mailed, on the third day after
it is mailed as aforesaid, or, if sent by, facsimile shall be deemed to have been given when sent (except that, if not given during
normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next business day
for the recipient).

 

    	RBIZ Promissory Note	Page 4 

     

    

 

10.
Waiver. Maker and each surety, endorser, guarantor, and other party ever liable for payment of any sums of money payable upon
this Note, jointly and severally waive presentment, demand, protest, notice of protest and non-payment or other notice of default,
notice of acceleration, and intention to accelerate, or other notice of any kind, and agree that their liability under this Note
shall not be affected by any renewal or extension in the time of payment hereof, or in any indulgences, or by any release or change
in any security for the payment of this Note, and hereby consent to any and all renewals, extensions, indulgences, releases, or
changes, regardless of the number of such renewals, extensions, indulgences, releases, or changes. No failure to exercise, and
no delay in exercising, on the part of Payee, any right hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise thereof preclude any other or further exercise thereof or the exercise of any other right. The rights of Payee hereunder
shall be in addition to all other rights provided by law. No notice or demand given in any case shall constitute a waiver of the
right to take other action in the same, similar or other instances without such notice or demand.

 

11.
Setoff. In addition to all liens upon and rights of setoff against the money, securities, or other property of Maker given
to Payee (or any of its affiliates) that may exist under applicable law, Payee shall have and Maker hereby grant to Payee (and
each of its affiliates) a lien upon and a right of setoff against all money, securities, and other property of Maker, now or hereafter
in possession of or on deposit with Payee (or any of its affiliates), whether held in a general or special account or deposit,
for safe-keeping or otherwise, and every such lien and right of setoff may be exercised without demand upon or notice to Maker.
No lien or right of setoff shall be deemed to have been waived by any act or conduct on the part of Payee (or any of its affiliates),
or by any neglect to exercise such right of setoff or to enforce such lien, or by any delay in so doing, and every right of setoff
and lien shall continue in full force and effect until such right of setoff or lien is specifically waived or released by an instrument
in writing executed by Payee.

 

12.
Parties Bound. This Note shall be binding upon and inure to the benefit of the parties hereto and their respective successors,
assigns and legal representatives; provided, however, that Maker may not, without the prior written consent of Payee, assign any
rights, powers, duties or obligations hereunder.

 

13.
Governing Law. This Note has been prepared, is being executed and delivered, and is intended to be performed in the State
of Maryland and the substantive laws of such state and the applicable federal laws of the United States of America shall govern
the validity, construction, enforcement, and interpretation of this Note.

 

14.
Choice of Forum; Consent to Service of Process and Jurisdiction. Any suit, action or proceeding against Maker with respect
to this Note or any judgment entered by any court in respect thereof, may be brought in the courts of the State of Minnesota as
Payee in its sole discretion may elect and Maker hereby irrevocably submits to the exclusive jurisdiction of such courts for the
purpose of any such suit, action or proceeding. Nothing herein shall affect the right of Payee to serve process in any manner
permitted by law or shall limit the right of Payee to bring any action or proceeding against Maker or with respect to any of its
property in courts in another jurisdiction. Maker hereby irrevocably waives any objections which they may now or hereafter have
to the laying of venue of any suit, action, or proceeding arising out of or relating to this Note brought in the courts located
in the State of Maryland and hereby further irrevocably waives any claim that any such suit, action, or proceeding brought in
any such court has been brought in any inconvenient forum. Any action or proceeding by Maker against Payee shall be brought only
in a court located in Minnesota.

 

    	RBIZ Promissory Note	Page 5 

     

    

 

15.
Waiver of Jury Trial. MAKER, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, HEREBY KNOWINGLY, INTENTIONALLY, IRREVOCABLY, UNCONDITIONALLY AND VOLUNTARILY, WITH AND UPON
THE ADVICE OF COMPETENT COUNSEL, WAIVE, RELINQUISH AND FOREVER FOREGO THE RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING
BASED UPON, ARISING OUT OF, OR IN ANY WAY RELATING TO THIS NOTE OR ANY CONDUCT, ACT OR OMISSION OF PAYEE OR MAKER, OR ANY OF THEIR
DIRECTORS, OFFICERS, PARTNERS, MEMBERS, EMPLOYEES, AGENTS OR ATTORNEYS, OR ANY OTHER PERSONS AFFILIATED WITH PAYEE OR MAKER, IN
EACH OF THE FOREGOING CASES, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE.

 

16.
ENTIRETY. THE PROVISIONS OF THIS NOTE MAY BE AMENDED OR REVISED ONLY BY AN INSTRUMENT IN WRITING SIGNED BY MAKER AND PAYEE.
THIS NOTE EMBODIES THE FINAL, ENTIRE AGREEMENT OF MAKER AND PAYEE AND SUPERSEDES ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS, REPRESENTATIONS,
AND UNDERSTANDINGS, WHETHER WRITTEN OR ORAL, RELATING TO THE SUBJECT MATTER HEREOF AND THEREOF AND MAY NOT BE CONTRADICTED OR
VARIED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR DISCUSSIONS OF MAKER AND PAYEE. THERE ARE NO ORAL
AGREEMENTS BETWEEN MAKER AND PAYEE. 

 

[Remainder
of Page Intentionally Left Blank; Signature Page Follows]

 

    	RBIZ Promissory Note	Page 6 

     

    

 

	MAKER:	 
	 	 	 
	RealBiz
    Media Group, Inc.	 
	 	 	 
	By:		
	Name:	Anshu
    Bhatnagar	 
	Its:	Chief
    Executive Officer	 

 

    	RBIZ Promissory Note	Page 7Exhibit 10.1

 

STOCK PURCHASE AGREEMENT

 

This Stock Purchase Agreement
(this “Agreement”) is made and entered into as of February

6, 2018, by and among InterCloud
Systems, Inc., a Delaware corporation (the “Seller” ); ADEX Corp., ADEX Puerto Rico, LLC and ADEXCOMM
(collectively referred to as the “Company”), and Spectrum Global Solutions, Inc., a British Columbia
corporation (“Buyer”). Buyer, the Seller and the Company are each a “Party”
to this Agreement and are sometimes referred to hereinafter collectively as the “Parties.”

 

RECITALS

 

A.                
The Seller owns all of the issued and outstanding capital stock of the Company.

 

B.                 
The Seller desires to sell to Buyer, and Buyer wishes to purchase from the Seller, all of the issued and outstanding capital
stock of and membership interests in the Company (collectively, the “Shares”), subject to the terms and
conditions set forth herein.

NOW,
THEREFORE, in consideration of the mutual covenants, agreements, representations, and warranties contained in this Agreement,
the Parties agree as follows:

 

1.                 
PURCHASE AND SALE OF THE SHARES.

 

		1.1	Purchase and Sale of the Shares. Subject to the terms and conditions set
forth in this Agreement, at the Closing (as defined below), the Seller shall sell and transfer to Buyer, and Buyer shall purchase
and receive from the Seller, all of the Shares, free and clear of any liens or encumbrances other than those imposed by applicable
securities laws, those incurred by Buyer or those imposed by this Agreement, the Note (as defined below) or the other agreements,
instruments or documents contemplated by this Agreement (collectively with this Agreement, the “Transaction Documents”).

 

		1.2	Consideration. In consideration for the Shares, Buyer, in addition to the
obligations and covenants of Buyer set forth in this Agreement, shall deliver to the Seller:

 

		1.2.1	$3,000,000 in cash, with $2,500,000 due at Closing, and $500,000 to be retained
by the Buyer until the 90th day following the Closing in order to satisfy any outstanding
liabilities of the Company which were incurred prior to the Closing Date $2,000,000, shall be in the
form of a convertible promissory note or preferred equity instrument issued by Buyer. If a note is issued, it shall have a maturity
of thirteen months, but may be convertible into common stock, at a price at or below market for previous 10 days VWAP, of the Buyer
at any time after the six month anniversary of the issue date, and shall accrue interest at the rate of 6% per annum.

		1.2.2	

		1.2.3	The business is being purchased as a going concern with no adjustments for
outstanding liabilities, cash, or accounts receivables.

 

    1 

     

    

2.                 
REPRESENTATIONS AND WARRANTIES OF THE COMPANY.The Company represents and warrants to Buyer that:

 

		2.1	Organization, Standing, and Qualification of the Company. ADEX Corp. is a
corporation duly organized, validly existing and in good standing under the laws of the State of New York, and has all necessary
corporate power to own its properties and to carry on its business as now owned and operated by it. ADEX Puerto Rico, LLC is a
limited liability corporation, duly organized, validly existing and in good standing under the laws of Puerto Rico, and has all
necessary corporate power to carry on its business as now operating.

 

		2.2	Ownership of the Company.

 

		2.2.1	Capital Structure. ADEX Corp.’s issued and outstanding capital
stock consists of 100 shares of common stock, which constitute one hundred percent 100% of the issued and outstanding capital stock
of ADEX Corp. in all classes whatsoever and there are no other issued or outstanding shares of stock in ADEX Corp., whether common
or preferred, and voting or non-voting. ADEX Puerto Rico, LLC’s issued and outstanding membership interests consists of [
] membership units, which constitute one hundred percent (100%) of the issued and outstanding capital stock of ADEX Puerto
Rico, LLC in all classes whatsoever and there are no other issued or outstanding membership units in ADEX Puerto Rico, LLC, whether
common or preferred, and voting or non-voting.

 

		2.2.2	Validity. The Shares are validly issued, fully paid and non-assessable
and have been issued in full compliance with all federal and state securities laws.

 

		2.2.3	Dilution. Other than as expressly contemplated by the Transaction
Documents, there are no outstanding subscriptions, options, rights, warrants, convertible securities, or other agreements or commitments
obligating the Company to issue any additional capital stock.

 

		2.3	No Litigation. There is no claim, suit, action, litigation, arbitration
or administrative or other legal proceeding (each, an “Action”) pending or, to the Company’s knowledge,
threatened against the Company which relates to, or would reasonably be expected to prohibit or materially impair, the consummation
of the transactions contemplated by this Agreement or the other Transaction Documents.

 

		2.4	Authority; Binding Agreement. The Company has the requisite power and authority
to enter into this Agreement and to perform all of its obligations and consummate the transactions contemplated hereby. The Company
has taken all necessary and appropriate corporate actions to authorize, execute and deliver this Agreement and to consummate the
transactions contemplated hereby. This Agreement and each of the other Transaction Documents executed and delivered to Buyer by
the Company constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with
its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability
relating to or affecting creditors’ rights and to general equity principles.

    2 

     

    

 

		2.5	No Conflicts. The execution, delivery and performance of this Agreement
by the Company and the consummation of the transactions contemplated hereby will not (i) conflict with or result in a breach or
violation of any term or provision of, or constitute a default under, the certificate of incorporation or bylaws of the Company
or (ii) violate or conflict with any, law, order, agreement or other obligation to which the Company is subject or bound, except
in each case of clauses (i) and (ii) for such conflicts or violations which do not have and would not reasonably be expected to
have, individually or in the aggregate, a material and adverse effect on the Company or its ability to consummate the transactions
contemplated by the Transaction Documents.

 

		2.6	Absence of Brokers. The Company has not engaged the services of any broker
or finder in connection with the consummation of the transactions contemplated by this Agreement, and upon consummation of the
transactions contemplated hereby, no fee or payment shall be due to any brokers or finders engaged by the Company.

 

		2.7	Material Changes; Undisclosed Events, Liabilities or Developments. Other
than as set forth on Schedule 2.7 hereto, (i) there has been no event, occurrence or development that, individually or in the aggregate,
has had, or that would reasonably be expected to result in a Material Adverse Effect on the Company, (ii) the Company does not
have any material liabilities of a type that would be required to be set forth on a balance sheet prepared in accordance with U.S.
generally accepted accounting principles or disclosed in the footnotes thereto, and (iii) the Company has not declared or made
any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase
or redeem any shares of its capital stock. For purposes of this Agreement, “Material Adverse Effect”
shall mean, with respect to any person, a material and adverse effect on (i) the business, operations, properties, or financial
condition of such person and its subsidiaries taken as a whole or (ii) the ability of such person and its subsidiaries to enter
into and perform its obligations under this Agreement.

 

		2.8	Compliance. The Company is not:
(i) in default under or in violation of (and, to the knowledge of the Company, no event has occurred that has not been waived that,
with notice or lapse of time or both, would result in a default by the Company under), nor has the Company received written notice
of a claim that it is in default under or that it is in violation of, any indenture, loan or credit agreement or any other agreement
or instrument to which it is a party or by which it or any of its properties is bound (whether or not such default or violation
has been waived); (ii)  in violation of any judgment, decree or order of any court, arbitrator or other governmental authority;
or (iii) in violation of any statute, rule, ordinance or regulation of any governmental authority applicable to the Company, including
without limitation all foreign, federal, state and local laws relating to taxes, environmental protection, occupational health
and safety, product quality and safety and employment and labor matters; except in each case of clauses (i) through (iii) 
as, individually or in the aggregate, has not had, and would not reasonably be expected to result in, a Material Adverse Effect
on the Company.

 

3.                 
REPRESENTATIONS AND WARRANTIES OF THE SELLER.The Seller represents and warrants to Buyer that:

 

		3.1	Title to Outstanding Shares. Seller has good and marketable title to, and
is the sole and exclusive owner, beneficially and of record, of, the Shares owned by Seller as set forth on Exhibit A, free and
clear of any liens or encumbrances other than those imposed by applicable securities laws, those incurred by Buyer or those imposed
by the Transaction Documents.

    3 

     

    
		3.2	No Litigation. There is no Action pending or, to Seller’s knowledge,
threatened against Seller which relates to, or would reasonably be expected to prohibit or materially impair, the consummation
of the transactions contemplated by this Agreement or the other Transaction Documents.

 

		3.3	Authority; Binding Agreement. Seller has the requisite power and authority
to enter into this Agreement and to perform all of its obligations and consummate the transactions contemplated hereby. Seller
has taken all necessary and appropriate organizational actions to authorize, execute and deliver this Agreement and to consummate
the transactions contemplated hereby. This Agreement and each of the other Transaction Documents executed and delivered to Buyer
by Seller constitutes a legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms,
subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating
to or affecting creditors’ rights and to general equity principles.

 

		3.4	No Conflicts. The execution, delivery and performance of this Agreement
by Seller and the consummation of the transactions contemplated hereby will not (i) conflict with or result in a breach or violation
of any term or provision of, or constitute a default under, the governing documents of Seller or (ii) violate or conflict with
any, law, order, agreement or other obligation to which Seller is subject or bound, except in each case of clauses (i) and (ii)
for such conflicts or violations which do not have and would not reasonably be expected to have, individually or in the aggregate,
a material and adverse effect on the Company or Seller’s ability to consummate the transactions contemplated by the Transaction
Documents.

 

		3.5	Absence of Brokers. Seller has not engaged the services of any broker or
finder in connection with the consummation of the transactions contemplated by this Agreement, and upon consummation of the transactions
contemplated hereby, no fee or payment shall be due from the Company to any brokers or finders engaged by Seller. Seller shall
indemnify Buyer to the extent any such fee may be payable.

 

4.                 
BUYER’S REPRESENTATIONS AND WARRANTIES. Buyer represents and warrants to the Company and the Seller that:

 

		4.1	Organization, Standing and Qualification of Buyer. Buyer is a corporation
duly organized, validly existing and in good standing under the laws of British Columbia, and has all necessary corporate power
to own its properties and to carry on its business.

 

		4.2	Authority; Binding Agreement. Buyer has the requisite power and authority
to enter into this Agreement and to perform all of its obligations and consummate the transactions contemplated hereby. Buyer has
taken all necessary and appropriate corporate actions to authorize, execute and deliver this Agreement and to consummate the transactions
contemplated hereby. This Agreement and each of the other Transaction Documents executed and delivered to the Seller or the Company
by Buyer constitutes a legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms, subject
to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to
or affecting creditors’ rights and to general equity principles.

 

		4.3	No Conflicts. The execution, delivery and performance of this Agreement
by Buyer and the consummation of the transactions contemplated hereby will not (i) conflict with or result in a breach or violation
of any term or provision of, or constitute a default under, the certificate of incorporation or bylaws of Buyer or (ii) violate
or conflict with any, law, order, agreement or other obligation to which
Buyer is subject or bound, except in each case of clauses (i) and (ii) for such conflicts or violations which do not have and would
not reasonably be expected to have, individually or in the aggregate, a material and adverse effect on Buyer or its ability to
consummate the transactions contemplated by the Transaction Documents.

    4 

     

    

 

		4.4	No Litigation. There is no Action pending or, to Buyer’s knowledge,
threatened against Buyer which relates to, or would reasonably be expected to prohibit or materially impair, the consummation of
the transactions contemplated by this Agreement or the other Transaction Documents.

 

		4.5	Securities Laws Representations. Buyer understands that the Shares have
not been registered under the Securities Act of 1933, as amended (the “1933 Act”), or under any applicable
state securities laws, and that neither the Seller nor the Company have any obligation to register or qualify the Shares or the
offer of the Shares to Buyer. Buyer is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated
by the Securities and Exchange Commission (the “SEC”) under the Securities Act. Buyer further acknowledges
and agrees that the offer and sale of the Shares to Buyer hereunder is exempt from any such registration requirements. Buyer understands
that the Shares cannot be sold, assigned, or otherwise transferred unless they are subsequently registered under the 1933 Act and
any applicable state securities laws or if an exemption from such registration or qualification is then available, and is aware
that an investment in the Company is a speculative investment that has limited liquidity and is subject to the risk of complete
loss. Buyer agrees to comply with all securities laws and regulations governing this transaction and any future disposition or
transfer of the securities so that Buyer does not cause, directly or indirectly, this transaction to violate any applicable securities
laws. Buyer is acquiring the Shares solely for the purpose of investment and not with a view to, or for offer or sale in connection
with, any distribution thereof other than in compliance with applicable securities laws.

 

		4.6	Absence of Brokers. Buyer has not engaged the services of any broker or
finder in connection with the consummation of the transactions contemplated by this Agreement, and upon consummation of the transactions
contemplated hereby, no fee or payment shall be due to any brokers or finders engaged by Buyer.

 

		4.7	SEC Filings. Buyer has filed (giving effect to any permitted extensions)
all forms, reports, schedules, statements, registration statements, prospectuses and other documents required to be filed or furnished
by Buyer with the SEC under the 1933 Act and/or the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
together with any amendments, restatements or supplements thereto (collectively, the “SEC Reports”),
except where such failure to timely file, individually or in the aggregate, has not had, and would not reasonably be expected to
result in, a Material Adverse Effect on Buyer. The SEC Reports, including any financial statements and notes contained or incorporated
by reference therein, (i) were prepared in all material respects in accordance with the requirements of the Securities Act and
the Exchange Act, as the case may be, and the rules and regulations thereunder and (y) did not, as of their respective effective
dates (in the case of SEC Reports that are registration statements filed pursuant to the requirements of the Securities Act) and
at the time they were filed with the SEC (in the case of all other SEC Reports) contain any untrue statement of a material fact
or omit to state a material fact required to be stated therein or necessary in order to make the statements made therein, in the
light of the circumstances under which they were made, not misleading.

 

		4.8	Material Changes; Undisclosed
Events, Liabilities or Developments. Other than as set forth on Schedule 4.8 hereto or in the SEC Reports that are generally available
to the public on EDGAR, (i)   there has been no event, occurrence or development that, individually or in the aggregate,
has had, or that would reasonably be expected to result in a Material Adverse Effect on Buyer, (ii)   Buyer and its subsidiaries
do not have any material liabilities of a type that would be required to be set forth on a balance sheet prepared in accordance
with U.S. generally accepted accounting principles or disclosed in the footnotes thereto, and (iii) Buyer has not declared or made
any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase
or redeem any shares of its capital stock.

 

    5 

     

    

		4.9	Compliance. Other than as
disclosed in the SEC Reports that are generally available to the public on EDGAR, Buyer and its subsidiaries are not: (i) in default
under or in violation of (and, to the knowledge of Buyer, no event has occurred that has not been waived that, with notice or lapse
of time or both, would result in a default by Buyer or its subsidiary under), nor has Buyer or its subsidiary received written
notice of a claim that Buyer or its subsidiary is in default under or that it is in violation of, any indenture, loan or credit
agreement or any other agreement or instrument to which any of them is a party or by which any of them or any of their properties
are bound (whether or not such default or violation has been waived); (ii) in violation of any judgment, decree or order of any
court, arbitrator or other governmental authority; or (iii)   in violation of any statute, rule, ordinance or regulation
of any governmental authority applicable to Buyer and its subsidiaries, including without limitation all foreign, federal, state
and local laws relating to taxes, environmental protection, occupational health and safety, product quality and safety and employment
and labor matters; except in each case of clauses (i) through (iii) as, individually or in the aggregate, has not had, and would
not reasonably be expected to result in, a Material Adverse Effect on Buyer.

 

5.                 
CLOSING.

 

		5.1	Closing Time and Place. The closing of this transaction shall occur at the
offices of Pryor Cashman LLP, 7 Times Square, New York, NY 10036, or such other place as the Parties may agree upon on or about
February 7, 2018 (the “Closing”). The Closing date may be extended one time for up to thirty (30) days
as the request of any Party.

 

		5.2	Closing Deliveries by Buyer. At the Closing, Buyer shall deliver to the
Seller the following items:

 

		5.2.1	Cash in the immediately available amount of $2,500,000.

 

		5.2.2	A Convertible Promissory Note or Convertible Preferred Stock instrument for
$2 Million.

 

		5.2.3	The Buyer and Seller shall enter into the transition services agreement
substantially in the form set forth in Exhibit A hereto.

 

		5.3	Closing Deliveries by the Company and the Seller. At the Closing, the Seller
and/or the Company shall deliver to Buyer the following items:

 

		5.3.1	Transfer of Shares. The original stock certificate for the Shares (or
an affidavit of lost certificate duly executed by the applicable Seller), along with a stock power, duly executed by each Seller,
to transfer the Shares to Buyer.

		5.3.2	Banking Agreements. The Company shall have delivered duly executed
banking agreements reflecting the change in ownership and control as reasonably required to insure uninterrupted business operations
and affairs.

 

		5.3.3	Transition Services Agreement. The Buyer and Seller shall enter into
the transition services agreement substantially in the form set forth in Exhibit A hereto.

 

    6 

     

    

6.                 
ADDITIONAL COVENANTS.

 

		6.1.1	During the period from the date the of Agreement and until Closing the Parties
hereby agree that, the Company shall not (and Seller shall not cause or permit the Company to):

 

		(i)	hire or fire any executive officers or senior management of the Company;

 

		(ii)	amend, waive or otherwise change, in any respect, the Company’s certificate
of incorporation or bylaws;

 

		(iii)	issue, sell, assign, transfer, encumber, hypothecate or otherwise dispose
of any equity interests of the Company or options, warrants or securities or rights to acquire or convert into equity interests
of the Company;

 

		(iv)	sell, assign, transfer, license, encumber, hypothecate or otherwise dispose
of any material assets of the Company outside of the ordinary course of business;

 

		(v)	pay or set aside any dividend or other distribution (whether in cash, equity
or property or any combination thereof) in respect of its shares, or directly or indirectly redeem, purchase or otherwise acquire
or offer to acquire any of its securities;

 

		(vi)	acquire, including by merger, consolidation, acquisition of stock or assets,
or any other form of business combination, any corporation, partnership, limited liability company, other business organization
or any division thereof, or any material amount of assets outside the ordinary course of business;

 

		(vii)	incur, create, assume, prepay or otherwise become liable for any Indebtedness
(as such term is defined in the Note), make a loan or advance to or investment in any third party, or guarantee or endorse any
Indebtedness, liability or obligation of any person;

 

		(viii)	terminate, waiver or assign any material rights under any material contracts
of the Company;

 

		(ix)	waive, release, assign, settle or compromise any Action (including any Action,
relating to this Agreement or the transactions contemplated hereby);

 

		(x)	enter into, amend, waive or terminate (other than terminations in accordance
with their terms) any contract or transaction with Buyer or its affiliates (other than the Company) or any stockholder, officer,
director, employee or independent contractor of any of the foregoing or any of their respective immediately family members; or

		(xi)	agree, authorize or commit to do any of the foregoing actions.

 

    7 

     

    

		6.2	Cooperation; Further Assurances. The Parties shall cooperate with each other,
provide each other and make such filings or reports, upon request and to the extent reasonably practicable, with such assistance
and information relating to the Company, which is reasonably necessary in relation to any accounting or regulatory matter, including
the preparation of any financial statements, any audit, or any action or investigation initiated or threatened by any third party,
including any governmental authority. Each Party agrees to execute further instruments as may be reasonably necessary to carry
out this Agreement and the transactions contemplated hereby, provided the Party requesting such further action shall bear all related
costs and expenses.

 

7.                 
MISCELLANEOUS

 

		7.1	Disclosures to Third Parties. All information concerning the transactions
contemplated by this Agreement is confidential business information and shall not be disclosed to third parties without the prior
written approval of Buyer and Seller, except as may be required by applicable law or regulation (including SEC or stock exchange
requirements). Subject to the foregoing, all Parties shall take reasonable precautions to assure that all such information remains
confidential. All notices to third parties and all publicity concerning the transactions contemplated by this Agreement shall be
jointly planned and coordinated by and between Buyer and the Seller (subject to meeting any requirements of applicable law or regulation,
including SEC or stock exchange requirements).

 

		7.2	Expenses. Subject to Section 7.11, the Parties agree to bear their respective
expenses, including accounting, legal and other professional fees, incurred with respect to this Agreement and the transactions
contemplated by it; provided, that the Company shall be responsible for the expenses incurred by the Seller.

 

		7.3	Assignment. Except as provided herein, the rights and obligations of the
Parties under this Agreement may not be assigned or delegated without the written consent of the Seller and Buyer (such consent
not to be unreasonably withheld, delayed or conditioned). Any attempt to so transfer same without such consent shall be null and
void ab initio. Notwithstanding the foregoing, any Seller may transfer all of its rights and obligations under this Agreement
to its affiliate without obtaining such consent.

 

		7.4	Binding Effect; No Third Parties. This Agreement shall be binding on, and
shall inure to the benefit of the Parties and their respective heirs, legal representatives, successors and any permitted assigns.
Except as expressly provided in this Agreement, nothing in this Agreement, whether express or implied, is intended to confer any
rights or remedies under or by reason of this Agreement on any person other than the Parties and their respective successors and
permitted assigns.

 

		7.5	Entire Agreement. This Agreement and the other Transaction Documents together
constitute the entire agreement between the Parties pertaining to the subject matter hereof, and supersede and terminate any prior
agreements between the Parties (written or oral) with respect to the subject matter hereof.

 

		7.6	Amendment; Waiver. This Agreement may not be amended, modified or supplemented
except by an instrument in writing signed by Buyer, the Company and a Seller Majority; provided, that no such amendment will adversely
affect the rights or obligations of a Seller hereunder in a disproportionate manner to any other Seller without the prior approval
of Seller. No provision of this Agreement may be
waived orally or by any act or failure to act on the part of a Party, but only by an agreement in writing signed by the Party against
whom enforcement of any such waiver is sought. Neither the failure nor any delay by any Party in exercising any right, power or
privilege under this Agreement will operate as a waiver of such right, power or privilege, and single or partial exercise of any
such right, power or privilege will preclude any other or further exercise of such right, power or privilege or the exercise of
any other right, power or privilege.

 

    8 

     

    

		7.7	Notices. Any notices, waivers or other communications given under this Agreement
shall be in writing and shall either be served personally or delivered by first class U.S. Mail (certified or registered), postage
prepaid, or by nationally recognized overnight carrier, such as FedEx, with postage prepaid and certified return receipt. Notices
may also effectively be given by facsimile or email with affirmative confirmation of receipt, provided, that a copy of any notice
so transmitted shall also be mailed in the same manner as required for a mailed notice. Notices shall be deemed to be received
(i) upon receipt when served personally, (ii) one (1) business day following deposit for overnight delivery with a nationally recognized
overnight carrier, such as FedEx, with postage prepaid and certified return receipt, (iii) three (3) business days following deposit
in first class U.S. Mail (certified or registered), postage prepaid or (iv) upon affirmative acknowledgement of receipt if sent
by facsimile or email. Notices shall be sent to the Parties at their respective addresses shown below. A Party may change its address
for notice by giving written notice to all other Parties in accordance with this Section.

 

 

	
        If to Buyer, to:

        Spectrum Global Solutions, Inc. 300 Crown Oak
        Centre Dr.

        Longwood, Florida 32750 Attention: Roger Ponder,
        CEO Email: [●]

        Facsimile: [●] Telephone: [●]
	
        with a copy (which shall not constitute notice)
        to:

        Pryor Cashman LLP 7 Times Square

        New York, NY 10036 Attention: M. Ali Panjwani,
        Esq.

        Email: ali.panjwani@pryorcashman.com Facsimile:
        (212) 798-6319

        Telephone: (212) 326-0820

	
        If to the Seller to:

        InterCloud Systems Inc. 1030 Broad Street,
        Suite 102,

        Shrewsbury, NJ 07702

        Attention: Daniel Sullivan, CAO Email: dsullivan@intercloudsys.com
        Telephone: 732-898-6320
	
        with a copy (which shall not constitute notice)
        to:

        Dealy Silberstein & Braverman, LLP 225
        Broadway, Suite 1405

        New York, NY 10007 Attention: Milo Silberstein,
        Esq.

        Email: msilberstein@dsblawny.com Facsimile: (212)
        385-2117

        Telephone: (212) 385-0066

 

		7.8	Governing Law and Venue. This Agreement shall be construed in
                                                             accordance with, and governed by, the laws of the State of New York (without giving effect to its choice of law principles).
                                                             Each Party hereto (a) irrevocably submits to the exclusive jurisdiction and venue of any state or federal court located
                                                             within New York County in the State of New York (or any appellate courts thereof) in connection with any Action arising out
                                                             of or relating to this Agreement or the transactions contemplated hereby (a “Proceeding”), (b)
                                                             agrees that service of any process, summons, notice or document by U.S. registered mail to such Party’s respective
                                                             address set forth in Section 7.7 shall be effective service of process for any Proceeding with respect to any matters to
                                                             which it has submitted to jurisdiction in this Section 7.8, and (c) waives and covenants not to assert or plead, by way of
                                                             motion, as a defense or otherwise, in any such Proceeding, any claim that it is not subject personally to the jurisdiction of
                                                             such court, that the Proceeding is brought in an inconvenient forum, that the venue of the Proceeding is improper or that
                                                             this Agreement or the subject matter hereof may not be enforced in or by such court, and hereby agrees not to challenge such
                                                             jurisdiction or venue by reason of any offsets or counterclaims in any such Proceeding. Each Party hereto agrees that a final
                                                             judgment in any such Proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in
                                                             any other manner provided by law or in equity.

    9 

     

    

  

		7.9	WAIVER OF JURY
TRIAL. EACH PARTY
HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT IT MAY HAVE TO A TRIAL BY
JURY IN RESPECT TO ANY PROCEEDING BASED HEREON, OR ARISING
OUT OF, UNDER, OR IN CONNECTION WITH THIS AGREEMENT
AND ANY AGREEMENT CONTEMPLATED TO BE EXECUTED IN CONNECTION HEREWITH, OR ANY COURSE OF CONDUCT,
COURSE OF DEALING, STATEMENTS (WHETHER
VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY IN CONNECTION
WITH SUCH AGREEMENTS, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN
TORT, CONTRACT OR OTHERWISE. EACH PARTY
ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES THAT THIS SECTION
7.9 CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH THEY ARE RELYING AND WILL RELY IN ENTERING
INTO THIS AGREEMENT. ANY PARTY
MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 7.9 WITH
ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL
BY JURY.

 

		7.10	Remedies. Except as specifically set forth in this Agreement, any Party having
any rights under any provision of this Agreement will have all rights and remedies set forth in this Agreement and all rights and
remedies which such Party may have been granted at any time under any other contract or agreement and all of the rights which such
Party may have under any applicable law. Except as specifically set forth in this Agreement, any such Party will be entitled to
(a) enforce such rights specifically, without posting a bond or other security or proving damages or that monetary damages would
be inadequate, (b) to recover damages by reason of a breach of any provision of this Agreement and (c) to exercise all other rights
granted by applicable law. The exercise of any remedy by a Party will not preclude the exercise of any other remedy by such Party.

 

		7.11	Professional Fees and Costs. If any Proceeding is brought or undertaken
to enforce this Agreement, or because of an alleged dispute, breach or default in connection with any of the provisions of this
Agreement, then the successful or prevailing Party or Parties in such undertaking shall be entitled to recover reasonable attorney’s
and other professional fees and other costs incurred in such Proceeding in addition to any other relief to which such Party may
be entitled. The Parties intend this provision to be given the most liberal construction possible and to apply to any circumstances
in which such Party reasonably incurs expenses.

 

		7.12	Severability. In case any one or more of the provisions contained in this
Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality, and enforceability of the remaining
provisions will not in any way be affected or impaired. Any illegal or unenforceable term will be deemed to be void and of no force
and effect only to the minimum extent necessary to bring such term within the provisions of applicable law and such term, as so
modified, and the balance of this Agreement will then be fully enforceable. The Parties will substitute for any invalid,
illegal or unenforceable provision a suitable and equitable provision that carries out, so far as may be valid, legal and enforceable,
the intent and purpose of such invalid, illegal or unenforceable provision.

 

    10 

     

    

		7.13	Interpretation. The headings of the Sections of this Agreement are included
for purposes of convenience only, and shall not affect the construction or interpretation of any of its provisions. When required
by the context of this Agreement, each number (singular and plural) shall include all numbers, and each gender shall include all
genders. Any reference to any federal, state, local or foreign statute or law shall be deemed also to refer to all rules and regulations
promulgated thereunder, unless the context requires otherwise. Whenever the words “include,” “includes”
or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation,”
and the words “herein,” “hereto” and “hereby” and other words of similar import in this Agreement
shall be deemed in each case to refer to this Agreement as a whole and not to any particular portion of this Agreement. For purposes
of this Agreement, the term: (i) “business day” is understood to mean any day other than a Saturday, Sunday or other
day on which commercial banks located in the City of New York are authorized or permitted by law to close; (ii) “person”
shall refer to any individual, corporation, partnership, trust, limited liability company or other entity or association, including
any governmental or regulatory body, whether acting in an individual, fiduciary or any other capacity; (iii) “affiliate”
shall mean, with respect to any specified person, any other person or group of persons acting together that, directly or indirectly,
through one or more intermediaries controls, is controlled by or is under common control with such specified person (where the
term “control” (and any correlative terms) means the possession, direct or indirect, of the power to direct or cause
the direction of the management and policies of such person, whether through the ownership of voting securities, by contract or
otherwise); and (iv) “subsidiary” means, with respect to any person, any corporation, partnership, association or other
business entity of which (A) if a corporation, a majority of the total voting power of shares of stock entitled (without regard
to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or
controlled, directly or indirectly, by that person or one or more of the other subsidiaries of that person or a combination thereof,
or (B) if a partnership, association or other business entity, a majority of the partnership or other similar ownership interests
thereof is at the time owned or controlled, directly or indirectly, by any person or one or more subsidiaries of that person or
a combination thereof (for purposes hereof, a person or persons will be deemed to have a majority ownership interest in a partnership,
association or other business entity if such person or persons will be allocated a majority of partnership, association or other
business entity gains or losses or will be or control the managing director, managing member, general partner or other managing
person of such partnership, association or other business entity). For purposes of this Agreement, the term “knowledge”
will mean, (i) as applied to any natural person, the actual present knowledge of such person, or (ii) as applied to any entity,
including Buyer and the Company, the actual present knowledge of the executive officers of such person.

 

		7.14	Advice of Professionals; Negotiated Terms. Each Party has had the opportunity
to be advised by legal counsel and other professionals in connection with this Agreement, and each Party has obtained such advice
as each Party deems appropriate. The Parties agree that the terms and conditions of this Agreement are the result of negotiations
between the Parties and that this Agreement shall not be construed in favor of or against any Party by reason of the extent to
which any Party or its professionals participated in its preparation.

 

		7.15	Access to Records after Closing. Each Party agrees to preserve all records
relating to the transactions contemplated by this Agreement for six (6) years after the Closing. Upon reasonable notice, subject
to Section 7.1, each Party shall allow representatives of the others access to such records and the making of copies thereof during
regular business hours at such Party’s place of business solely with respect to this Section 7.15 for the following purposes:
(i) to gather information for preparing tax returns; (ii) to verify any of the representations or warranties contained in this
Agreement, or confirm compliance with any of the covenants contained in this Agreement; or (iii) to comply with any audit, request,
subpoena, or other investigative demand by any government authority.

    11 

     

    

 

		7.16	[Representation of Seller and the Company. The Parties agree that, notwithstanding
the fact that Pryor Cashman LLP (“PC”) may have jointly represented the Buyer, Seller and the Company
in connection with this Agreement, and has also represented the Parties in connection with matters other than the transaction that
is the subject of this Agreement prior to the Closing, PC will be permitted in the future, after the Closing, to represent any
of the Seller or their affiliates in connection with matters in which such persons are adverse to the Company or any of its affiliates,
including any disputes arising out of, or related to, this Agreement. Buyer hereby agrees, in advance, to waive (and to cause its
affiliates to waive) any actual or potential conflict of interest that may hereafter arise in connection with PC’s future
representation of any of the Seller or their affiliates in which the interests of such person are adverse to the interests of the
Company, Buyer or any of their respective affiliates, including any matters that arise out of this Agreement or that are substantially
related to this Agreement or to any prior representation by PC of the Company or any of its affiliates. The Parties acknowledge
and agree that, for the purposes of the attorney-client privilege, the Seller, and not the Company or its directors, officers or
employees, shall be deemed the client of PC with respect to the negotiation, execution and performance of this Agreement.]

 

		7.17	Counterparts. This Agreement may be executed simultaneously in one or more
counterparts, including by facsimile, pdf or other electronic document transmission, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.

 

{Remainder of Page Intentionally
Left Blank; Signature Page Follows}

    12 

     

    

IN
WITNESS WHEREOF, the Parties to this Agreement have duly executed this Agreement, and made it effective as of the date first written
above.

 

	BUYER:		THE COMPANY:
	 	 	 
	Spectrum Global Solutions, Inc.	 	ADEX CORP
	 	 	 
	By: 	/s/ Roger Ponder	 	By:	/s/ Mark Munro
	Name:	Roger Ponder	 	Name:	 Mark Munro
	Title: 	Chief Executive Officer	 	Title:	 
	 	 	 
	 	 	ADEX PUERTO RICO, LLC
	 	 	 
	 	 	By:	 /s/ Mark Munro
	 	 	Name: 	Mark Munro
	 	 	Title:	 
	 	 	 
	 	 	ADEXCOMM
	 	 	 
	 	 	By:	 /s/ Mark Munro
	 	 	Name: 	Mark Munro
	 	 	Title:	 
	 	 	 
	 	 	THE SELLER:
	 	 	 
	 	 	InterCloud Systems, Inc.
	 	 	 
	 	 	 	/s/ Mark Munro
	 	 	Name:	 Mark Munro
	 	 	Title:	Chief Executive Officer

 

    13 

     

    

  

EXHIBIT A

TRANSITION SERVICES AGREEMENT

 

 

 

    14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}]]