Document:

Exhibit 4.5

 

PACIFIC MEDIA GROUP ENTERPRISES, INC.

(A Delaware Corporation)

 

“E” WARRANT CERTIFICATE

WARRANT NUMBER: ______ NUMBER OF WARRANTS:
_______________

 

CLASS E WARRANT CERTIFICATE FOR THE PURCHASE
OF

SHARES OF THE COMMON STOCK OF BIM HOMES,
INC.

THESE SECURITIES WERE ISSUED EXEMPT FROM
REGISTRATION

UNDER TITLE 11, SECTION 1145, OF THE U.S.
CODE.

 

FOR VALUE RECEIVED,
Pacific Media Group Enterprises, Inc. (the “Company”), a Delaware corporation, hereby certifies that ___________________________________,
the registered holder hereof, or registered assigns, (the “Holder”) subject to the terms and conditions hereinafter
set forth, and at any time during the period beginning on the date hereof and ending on August 30, 2016, unless extended, is entitled
to:

 

1. Purchase shares
of the Common Stock of the Company for each of the within Warrants exercised at a price of $8.00 per share of such Common Stock
(the “Warrant Price”) or

 

2. The exercise price
for the within Warrants may be reduced, but not increased, by vote of the Board of Directors of the Corporation, however, the exercise
price may not be reduced below the highest of: a) the book value of a share, b) the par value of a share, or c) eighty percent
(80%) of the closing bid price for a share on the business day prior to the directors’ vote if the stock is publicly traded.

 

3. Convert these Warrants,
in whole or in part, into that number of shares of Common Stock of the Company determined by dividing (a) the aggregate fair market
value, as of the date of conversion, of the shares of Common Stock of the Company which would be issuable upon exercise of the
Warrants to be converted minus the aggregate Warrant Price of the shares of Common Stock of the Company which would be issuable
upon exercise of the Warrants by (b) the said fair market value of one share of the Common Stock of the Company. For the
purposes of conversion of these Warrants, fair market value shall be the value determined in accordance with the following provisions:

 

a. If the Common Stock
of the Company is not at the time listed or admitted on any stock exchange but is traded on the Nasdaq National Market System or
SmallCap Market or is quoted on the OTC Bulletin Board, the fair market value shall be the closing selling price per share of such
common stock on the date in question, as such price is reported by the National Association of Securities Dealers through, in order
of preference, the Nasdaq National Market System, the SmallCap Market, or the OTC Bulletin Board, or any successor system. If there
is not a closing selling price for such common stock on the date in question, then the fair market value shall be the closing selling
price on the last preceding date for which such a quotation exists.

 

b. If the common stock
is at the time listed or admitted to trading on any stock exchange, the fair market value shall be the closing selling price per
share of such common stock on the date in question on the stock exchange determined by the Board of Directors of the Company to
be the primary market for such common stock, as such price is officially quoted in the composite tape of transactions on the exchange.
If there is no closing selling price for such common stock on the date in question then the fair market value shall be the closing
selling price on the last preceding date for which such a quotation exists.

 

c. If the common stock
is at the time neither listed nor admitted to trading on any exchange nor traded on the Nasdaq National Market System nor the SmallCap
Market, nor traded on the OTC Bulletin board, then such fair market value shall be determined by the Board of Directors of the
Company after taking into account such factors as the Board of Directors of the Company shall deem appropriate.

 

    1

     

    

 

4. Upon exercise or
conversion of these Warrants, the registered Holder hereof shall surrender to the stock transfer agent of the Company this Warrant
Certificate together with a letter identifying the number of warrant shares being exercised or converted, the address to which
the share certificate should be sent, and a certified check or bank draft payable to the order of the Company.

 

5. In the case of
exercise or conversion of the Warrants, no fractional shares of the Common Stock of the Company shall be issued.

 

6. The Company covenants
and agrees that shares of Common Stock which may be delivered upon the exercise or conversion of this Warrant will, upon delivery,
be free from all taxes, liens and charges with respect to the purchase thereof hereunder.

 

7. This Warrant shall
not be exercised or converted by Holder in any state where such exercise or conversion would be unlawful.

 

8. The Company agrees
at all times to reserve or hold available a sufficient number of shares of its Common Stock to cover the number of shares issuable
upon the exercise or conversion of this and all other Warrants of like tenor then outstanding.

 

9. This Warrant does
not entitle the Holder to any voting rights or other rights as a shareholder of the Company, or to any other rights whatsoever
except the rights herein set forth, and no dividend shall be payable or accrue in respect of this Warrant or the interest represented
hereby, or the shares which may be acquired hereunder, until or unless, and except to the extent that this Warrant shall be exercised
or converted, and the Common Stock which may be acquired upon exercise or conversion thereof shall become deliverable.

 

10. The Warrants are
not redeemable nor cancellable by the Company.

 

11. This Warrant is
exchangeable upon the surrender hereof by the Holder to the Company for new Warrants of like tenor and date representing in the
aggregate the right to acquire the number of shares which, may be acquired hereunder, each of such new Warrants to represent the
right to acquire such number of shares as may be designated by the registered Holder at the time of such surrender.

 

12. The Company may
deem and treat the Holder at any time as the absolute owner hereof for all purposes and shall not be affected by any notice to
the contrary.

 

13. Notwithstanding
any other provision governing the Warrants, if as of the date of exercise, the Company has registered its Common Stock under Section
12 of the Securities Exchange Act of 1934, as amended, the Holder may not exercise these Warrants to the extent that immediately
following such exercise the Holder would beneficially own more than 4.99% of the outstanding Common Stock of the Company. For this
purpose, a representation of the Holder that following such exercise it would not beneficially own more than 4.99% of the outstanding
Common Stock of the Company shall be conclusive and binding upon the Company.

 

14. The number of
shares of Common Stock which may be acquired upon exercise or conversion of these Warrants and the Warrant Price shall be subject
to adjustment from time to time as follows:

 

a. If the Company shall
at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof, or if the
Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of shares of Common
Stock which may be acquired upon exercise of this Warrant immediately prior to such subdivision shall be proportionately increased
in each instance, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification
or combination thereof the number of shares of Common Stock which may be acquired upon exercise of this Warrant immediately prior
to such combination shall be proportionately decreased in each instance.

 

    2

     

    

 

b. If the Company shall
distribute to all of the holders of its shares of Common Stock any security (except as provided in the preceding paragraph) or
other assets (other than a distribution made as a dividend payable out of earnings or out of any earned surplus legally available
for dividends under the laws of the jurisdiction of incorporation of the Company), the Board of Directors shall be required to
make such equitable adjustment in the Warrant Price in effect immediately prior to the record date of such distribution as may
be necessary to preserve to the Holder of this Warrant rights substantially proportionate to those enjoyed hereunder by such Holder
immediately prior to the happening of such distribution. Any such adjustment shall become effective as of the day following the
record date for such distribution.

 

c. Whenever the number
of shares of Common Stock which may be acquired upon the exercise of this Warrant is required to be adjusted as provided herein,
the Warrant Price shall be adjusted (to the nearest cent) in each instance by multiplying such Warrant Price immediately prior
to such adjustment by a fraction the numerator of which shall be the number of shares of Common Stock which may be acquired hereunder
upon the exercise of the Warrants immediately prior to such adjustment, and the denominator of which shall be the number of shares
of Common Stock which may be acquired hereunder immediately thereafter.

 

d. In case of any reclassification
of the outstanding shares of Common Stock, other than a change covered by paragraph (14a) above or which solely affects the par
value of such shares of Common Stock, or in the case of any merger or consolidation of the Company with or into another corporation
(other that a consolidation merger in which the Company is the continuing corporation and which does not result in any reclassification
or capital reorganization of the outstanding shares of Common Stock), or in the case of any sale or conveyance to another corporation
of the property of the Company as an entirety or substantially as an entirety in connection with which the Company is dissolved,
the Holder of this Warrant shall have the right thereafter (until the expirations of the respective rights of exercise of the Warrant)
to receive upon the exercise thereof using the same aggregate Warrant Price applicable hereunder immediately prior to such event,
the kind and amount of shares of stock or other securities or property receivable upon such reclassification, capital reorganization,
merger or consolidation, or upon the dissolution following any sale or other transfer, which a holder of the number of shares of
Common Stock of the Company would obtain upon exercise of the Warrants immediately prior to such event; and if any classification
also results in a change in shares of Common Stock covered by paragraph (14a) above, then such adjustment shall be made pursuant
to both paragraph (14a) above and this paragraph (14d). The provisions of this paragraph (14d) shall similarly apply to successive
reclassifications, or capital reorganizations, mergers or consolidations, sales or other transfers.

 

e. In case of the dissolution,
liquidation or winding-up of the Company, all rights under any of the Warrants not theretofore exercised nor converted nor expired
by their terms shall terminate on a date fixed by the Company, such date so fixed to be not earlier than the date of the commencement
of the proceedings for such dissolution, liquidation or winding-up and not later than thirty (30) days after such commencement
date. Notice of the termination of purchase rights shall be given to the registered Holder of this Warrant as the same shall appear
on the books of the Company, by certified or registered mail at least thirty (30) days prior to such termination date.

 

f. In case the Company
shall, at any time prior to the Expiration Date of the Warrants, and prior to the exercise or conversion thereof, offer to the
holders of its Common Stock any right to subscribe for additional shares of any class of the Company, then the Company shall give
written notice thereof to the registered Holder of this Warrant not less than thirty (30) days prior to the date on which the books
of the Company are closed or a record date fixed for the determination of stockholders entitled to such subscription rights. Such
notice shall specify the date as to which the books shall be closed or record date be fixed with respect to such offer or subscription,
and the right of the registered Holders hereof to participate in such offer or subscription shall terminate if this Warrant shall
not be exercised or converted on or before the date of such closing of the books or such record date.

 

    3

     

    

 

IN WITNESS WHEREOF, the Company has caused
this Warrant to be executed by its duly authorized officer effective this 6th day of March, 2014.

 

	 	Konstantin Zecevic
	 	 
	 	Secretary

 

 

4Exhibit 10.1

 

ACQUISITION AND SHARE EXCHANGE AGREEMENT

 

Dated

 

February 26th, 2018

 

by and among

 

Token Communities Limited (Formerly known
as Extract Pharmaceuticals Inc.), a Delaware corporation as the Parent company

 

And

 

Token Communities PLC, a Gibraltar Company,
as the:

 

“Target Company”

or as the Acquisition Subsidiary,

 

     

     

    

 

TABLE OF CONTENTS

 

	 	Page
	 	 
	Article I DEFINITIONS	1
	 	 
	Article II PURCHASE AND SALE	6
	 	 
	2.1 Acquisition	6
	 	 
	2.2 ShareExchange	6
	 	 
	2.3 Section 351 Transaction	7
	 	 
	2.4 Closing	7
	 	 
	2.5 Board of Directors	7
	 	 
	2.6 President	7
	 	 
	Article III REPRESENTATIONS AND WARRANTIES OF THE COMPANY	7
	 	 
	3.1 Corporate Existence and Power	7
	 	 
	3.2 Authorization	7
	 	 
	3.3 Governmental Authorization	8
	 	 
	3.4 Non-Contravention	8
	 	 
	3.5 Capitalization	8
	 	 
	3.6 Certificate of Formation 	8
	 	 
	3.7 Financial Statements	9
	 	 
	3.8 Books and Records	9
	 	 
	3.9 Absence of Certain Changes	9
	 	 
	3.10 Properties; Title to the Company’s Assets	9
	 	 
	3.11 Litigation	9
	 	 
	3.12 Contracts	9
	 	 
	3.13 Licenses and Permits	10
	 	 
	3.14 Compliance with Laws	10
	 	 
	3.15 Intellectual Property	10
	 	 
	3.16 Insurance Coverage	10
	 	 
	3.17 Employment Matters	11
	 	 
	3.18 Environmental Laws	11
	 	 
	3.19 Finders’ Fees	11
	 	 
	3.20 Disclosure	11
	 	 
	Article IV STATUS OF SCHEDULES AS OF SIGNING DATE; SURVIVAL OF REPRESENTATIONS AND WARRANTIES	12
	 	 
	4.1 Status of Schedules as of Signing Date	12

 

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	Article V REPRESENTATIONS AND WARRANTIES OF PARENT and acquisition subsidiary	12
	 	 
	5.1 Corporate Existence and Power	12
	 	 
	5.2 Corporate Authorization	12
	 	 
	5.3 Governmental Authorization	13
	 	 
	5.4 Non-Contravention	13
	 	 
	5.5 Authorized Capital	13
	 	 
	5.6 Acquisition Subsidiary	13
	 	 
	5.7 Validity of Shares	13
	 	 
	5.8 SEC Reporting and Compliance	14
	 	 
	5.9 Financial Statements	15
	 	 
	5.10 Governmental Consents	15
	 	 
	5.11 Compliance with Laws and Other Instruments	15
	 	 
	5.12 No General Solicitation	15
	 	 
	5.13 Binding Obligations	15
	 	 
	5.14 Absence of Undisclosed Liabilities	15
	 	 
	5.15 Absence of Changes	16
	 	 
	5.16 Tax Returns and Audits	16
	 	 
	5.17 Employee Benefit Plans; ERISA	16
	 	 
	5.18 Litigation	16
	 	 
	5.19 Licenses	17
	 	 
	5.20 Interested Party Transactions	17
	 	 
	5.21 Obligations to or by Stockholders	17
	 	 
	5.22 Assets and Contracts	17
	 	 
	5.23 Employees	17
	 	 
	5.24 Duty to Make Inquiry	17
	 	 
	5.25 Market Makers	18
	 	 
	5.26 Internal Accounting Controls	18
	 	 
	5.27 Certain Registration Matters	
	 	 
	5.28 Disclosure	
	 	 
	Article VI COVENANTS OF ALL PARTIES HERETO	18
	 	 
	6.1 Best Efforts; Further Assurances	18
	 	 
	6.2 Confidentiality	18

 

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	Article VII Conduct of business pending merger	18
	 	 
	7.1 Conduct of Business by the Company Pending the Merger	18
	 	 
	7.2 Conduct of Business by Parent and Acquisition Subsidiary Pending the Merger	19
	 	 
	Article VIII CONDITIONS TO CLOSING	20
	 	 
	8.1 Condition to the Obligations of the Parties	20
	 	 
	8.2 Conditions to Obligations of Parent	21
	 	 
	8.3 Conditions to Obligations of the Company	22
	 	 
	Article IX INDEMNIFICATION	22
	 	 
	9.1 Indemnification of Company	22
	 	 
	9.1 Indemnification of Company	22
	 	 
	9.2 Procedure	22
	 	 
	9.3 Periodic Payments	23
	 	 
	9.4 Insurance	24
	 	 
	Article X DISPUTE RESOLUTION	24
	 	 
	10.1 Arbitration	24
	 	 
	10.2 Waiver of Jury Trial; Exemplary Damages	25
	 	 
	Article XI TERMINATION	26
	 	 
	11.1 Termination Without Default; Expenses	26
	 	 
	11.2 Termination Upon Default	26
	 	 
	11.3 Survival	26
	 	 
	Article XII MISCELLANEOUS	26
	 	 
	12.1 Notices	26
	 	 
	12.2 Amendments; No Waivers; Remedies	27
	 	 
	12.3 Arm’s Length Bargaining; No Presumption Against Drafter	27
	 	 
	12.4 Publicity	28
	 	 
	12.5 Expenses	28
	 	 
	12.6 No Assignment or Delegation	28
	 	 
	12.7 Governing Law	28
	 	 
	12.8 Counterparts; facsimile signatures	28
	 	 
	12.9 Entire Agreement	28
	 	 
	12.10 Severability	28
	 	 
	12.11 Construction of Certain Terms and References; Captions	28
	 	 
	12.12 Further Assurances	29
	 	 
	12.13 Third Party Beneficiaries	29

 

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ACQUISITION AND SHARE EXCHANGE AGREEMENT

 

This ACQUISITION AND
SHARE EXCHANGE AGREEMENT (the “Agreement”) dated as of February 26th, 2018 (the “Signing
Date”), by and among Token Communities Limited a Delaware corporation (the “Parent Company”), and Token
Communities PLC, a Gibraltar Company, (he Target Company) that upon completion will become a wholly owned subsidiary of Token Communities
Limited, a Delaware, U.S.A, fully reporting SEC Company.

 

W I T N E S E T H:

 

A. The Parent Company
Token Communities Limited is a Delaware company originally incorporated as Pacific Media Group Inc., which on January 27th,
2018, changed its name to Token Communities Limited in anticipation of acquiring Token Communities PLC, the Gibraltar Target Company,
that is engaged in  the Blockchain  software,  technology conferences  and a magazine relating to Crypto
currency awareness and publishing of education and entertainment software applications and e commerce marketed on smart phones,
tablets, lap tops and desk tops as well as on IPTV, its  business also includes providing consulting and  social media
marketing, as well as mentoring and incubator early stage investments into  Blockchain Technology companies including advice
on  Token Sales or ICOS, relating to Crypto or Digital Assets, (the “Business”)

 

B. The Shareholders
collectively own 100% of the issued and outstanding ordinary shares (as defined below) of the Gibraltar PLC, named Token Communities
PLC, the target Company;

 

C. Parent will acquire
by an exchange of shares of its common stock 100 % of the ordinary shares of the Target Company (the “acquisition”)
in accordance with and subject to the terms and conditions of this Agreement (the “Transaction”); and

 

The parties accordingly
agree as follows:

 

ARTICLE I

DEFINITIONS

 

The following terms,
as used herein, have the following meanings:

 

I.1  “Action” means
any legal action, suit, claim, investigation, hearing or proceeding, including any audit, claim or assessment for Taxes or otherwise.

 

I.2  “Acquisition Target
ordinary Shares” is defined in Section 5.5(b)  

 

I.3 “Affiliate” means,
with respect to any Person, any other Person directly or indirectly Controlling, Controlled by, or under common Control with such
Person.

 

I.4 “Agreement” is
defined in the Preamble.

 

I.5 “Amended and Restated Articles
of Incorporation” means the Amended and Restated Articles of Incorporation of the Delaware company Token Communities
Limited in the form attached hereto as Exhibit B.

 

    1

     

    

 

I.6 “Articles of Target Company” means
the Articles of Incorporation of the Gibraltar PLC named Token Communities PLC, r in the form attached hereto as Exhibit C.

 

I.7 “2017 Audited Annual
Financial Statements” is defined in Section 3.7(b).

 

I.8 “Authority” means
any governmental, regulatory, or administrative body, agency or authority, any court or judicial authority, any arbitrator, or
any public, private or industry regulatory authority, whether international, national, Federal, state, or local.

 

I.9 “Books and Records” means
all books and records, ledgers, employee records, customer lists, files, correspondence, and other records of every kind (whether
written, electronic, or otherwise embodied) owned or used by a Person or in which a Person’s assets, the business or its
transactions are otherwise reflected, other than stock books and minute books.

 

I.10 “Business” is
defined in the Recitals.

 

I.11 “Business Day” means
any day other than a Saturday, Sunday, or a legal holiday on which commercial banking institutions in New York are authorized to
close for business.

 

I.12 “Certificate of amendment” means
the Certificate of Amendment of to be filed prior to the Closing by the Company with the Secretary of State of Delaware in the
form attached to the Amended and Restated Articles of Incorporation of Extract Pharmaceuticals Inc. pursuant to which it has changed
its name to Token Communities Limited

 

I.13 “Closing” is
defined in Section 2.4.

 

I.14 “Closing Date” is
defined in Section 2.4.

 

I.15 “COBRA” means
collectively, the requirements of Sections 601 through 606 of ERISA and Section 4980B of the Code.

 

I.16 “Code” means
the Internal Revenue Code of 1986, as amended.

 

I.17 “Commission” means
the Securities and Exchange Commission

 

I.18 “Company” means
Token Communities Limited, a Delaware limited liability company, as referenced in the Preamble.

 

I.19 “Company Indemnifying
Party” is defined in Section 9.2.

 

I.20 “Contracts” means
all contracts, agreements, leases (including equipment leases, car leases and capital leases), licenses, commitments, client contracts,
statements of work (SOWs), sales and purchase orders and similar instruments, oral or written, to which any of the Companies is
a party or by which any of its respective assets are bound, and all rights and benefits thereunder, including all rights and benefits
thereunder with respect to all cash and other property of third parties under any of the Companies’ dominion or control.

 

    2

     

    

 

I.21 “Control” of
a Person means the possession, directly or indirectly, 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.” Controlled”, “Controlling” and “under
common Control with” have correlative meanings.  Without limiting the foregoing a Person (the “Controlled
Person”) shall be deemed Controlled by (a) any other Person (the “10% Owner”) (i) owning beneficially, as
meant in Rule 13d-3 under the Exchange Act, securities entitling such Person to cast 10% or more of the votes for election of directors
or equivalent governing authority of the Controlled Person or (ii) entitled to be allocated or receive 10% or more of the profits,
losses, or distributions of the Controlled Person; (b) an officer, director, general partner, partner (other than a limited partner),
manager, or member (other than a member having no management authority that is not a 10% Owner ) of the Controlled Person; or (c)
a spouse, parent, lineal descendant, sibling, aunt, uncle, niece, nephew, mother-in-law, father-in-law, sister-in-law, or brother-in-law
of an Affiliate of the Controlled Person or a trust for the benefit of an Affiliate of the Controlled Person or of which an Affiliate
of the Controlled Person is a trustee.

 

I.22 “Effective Time” Shall
be the time the agreement is accepted by the Secretary of State for the State of Delaware or such time that the Acquisition Subsidiary
and Company designate in this acquisition agreement as the closing date.

 

I.23 “Environmental Laws” shall
mean all Laws that prohibit, regulate, or control any Hazardous Material or any Hazardous Material Activity, including, without
limitation, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, the Resource Recovery and Conservation
Act of 1976, the Federal Water Pollution Control Act, the Clean Air Act, the Hazardous Materials Transportation Act, and the Clean
Water Act.

 

I.24 “ERISA” means
the Employee Retirement Income Security Act of 1974, as amended, and the regulations thereunder.

 

I.25 “Exchange Act” means
the Securities Exchange Act of 1934, as amended.

 

I.26 “Existing Employee Agreement” is
defined in Section 3.17(a).

 

I.27 “Financial Statements” is
defined in Section 3.7(b).

 

I.28 “Hazardous Material” shall
mean any material, emission, chemical, substance or waste that has been designated by any United States Government Authority to
be radioactive, toxic, hazardous, a pollutant or a contaminant.

 

I.29 “Hazardous Materials
Activity” shall mean the transportation, transfer, recycling, storage, use, treatment, manufacture, removal, remediation,
release, exposure of others to, sale, labeling, or distribution of any Hazardous Material or any product or waste containing a
Hazardous Material, or product manufactured with ozone depleting substances, including, without limitation, any required labeling,
payment of waste fees or charges (including so-called e-waste fees) and compliance with any recycling, product take-back or product
content requirements.

 

I.30 “Indebtedness” means
with respect to any Person, (a) all obligations of such Person for borrowed money, or with respect to deposits or advances of any
kind (including amounts by reason of overdrafts and amounts owed by reason of letter of credit reimbursement agreements) including
with respect thereto, all interests, fees and costs, (b) all obligations of such Person evidenced by bonds, debentures, notes or
similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to
property purchased by such Person, (d) all obligations of such Person issued or assumed as the deferred purchase price of property
or services (other than accounts payable to creditors for goods and services incurred in the ordinary course of business), (e)
all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise,
to be secured by) any lien or security interest on property owned or acquired by such Person, whether or not the obligations secured
thereby have been assumed, (f) all obligations of such Person under leases required to be accounted for as capital leases under
U.S. GAAP, (g) all guarantees by such Person and (h) any agreement to incur any of the same.

 

I.31 “Indemnification Notice” is
defined in Section 9.2(a).

 

I.32 “Indemnified Party” is
defined in Section 9.1.

 

I.33  “Intellectual Property
Right” means the intellectual property, confidential information, and proprietary information, owned, licensed,
used or held for use by a Person, including, but not limited to (a) any and all trademarks, logos, logotypes, and/or service marks,
including, but not limited to, any and all common law and statutory rights therein and therefor, and further including any and
all registrations thereof and applications for registration therefor, and all goodwill of the business associated therewith; (b)
any and all corporate names, Internet domain names, and/or trade names, including, but not limited to, any and all common law and
statutory rights therein and therefor, and further including any and all registrations thereof and applications for registration
therefor; (c) any and all know-how, trade secrets, confidential business information, and other proprietary information, including
without limitation, lists of customers and suppliers and potential customers and suppliers, pricing and cost information, business
and marketing plans and proposals, processes, techniques, designs, research and development information, technical information,
specifications, discoveries, notes, reports, drawings, works, devices, makes, models, works-in-progress, and creations, and any
and all work product therefor, including, but not limited to, any and all common law and statutory rights therein and therefor;
(d) any and all patents and patent applications (including all reissuances, continuations, continuations-in-part, revisions, extensions
and re-examinations thereof) and patent disclosures and inventions (whether or not patentable and whether or not reduced to practice);
(e) any and all copyrights, including, but not limited to, any and all common law and statutory rights therein and therefor, and
further including any and all copyright registrations thereof and applications for registration of copyright therefor; (f) any
and all computer programs, including operating systems, applications, routines, interface and algorithms, whether in source code
or object code; (g) databases and all information contained therein; and (h) all proprietary rights relating to any of the foregoing,
including, but not limited to, all causes of action, damages and remedies related thereto.

 

    3

     

    

 

I.34 “Labor Agreements” is
defined in Section 3.17(a).

 

I.35 “Law” means
any domestic or foreign, federal, state, municipality or local law, statute, ordinance, code, rule, or regulation.

 

I.36 “Lien” means,
with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such
asset, and any conditional sale or voting agreement or proxy, including any agreement to give any of the foregoing.

 

I.37 “Lock-Up Agreement” means
the Lock-Up Agreement in the form attached hereto as Exhibit A.

 

I.38 “Loss(es)” is
defined in Section 9.1.

 

I.39 “Manager” has
the same meaning as such term has in the Company’s Operating Agreement.

 

I.40  “Material Adverse Effect” or “Material
Adverse Change” means a material adverse change or a material adverse effect, individually or in the aggregate,
on the condition (financial or otherwise), prospects, net worth, management, earnings, cash flows, business, operations or properties
of the Company and the Businesses, taken as a whole, whether or not arising from transactions in the ordinary course of business.

 

I.41 “Material Contracts” means
the contracts, agreements and understanding listed on Schedule 3.12(a).

 

I.42 “Selling Shareholders” means
the shareholders who collectively own 100% of the issued and outstanding ordinary shares of the Gibraltar Target Company, all of
whom are listed on Schedule I hereto.

 

I.43 “Agreement” means
this executed agreement by and between Token Communities Limited (formerly Extract Pharmaceuticals Inc.)  and Token
Communities PLC, the Gibraltar PLC (Target Company) dated February 21, 2018, including all amendments thereto.

 

I.44 “Order” means
any decree, order, judgment, writ, award, injunction, rule or consent of or by an Authority.

 

I.45 “Outside Closing Date” is
defined in Section 11.1.

 

I.46  “Company” means
Token Communities Limited., a Delaware corporation, as referenced in the Preamble.

 

I.47 “Company Balance Sheet” is
defined in Section 5.14.

 

I.48 “Target Company Balance
Sheet Date” is defined in Section 5.15.

 

I.49 “Company Common Stock” is
defined in Section 5.5(a).

 

I.50 “Company Employee Benefit
Plans” is defined in Section 5.17.

 

I.51 “Company Financial Statements” is
defined in Section 5.9.

 

I.52 “Company Indemnifying
Party” is defined in Section 9.1.

 

    4

     

    

 

I.53 “Company t Preferred
Stock” is defined in Section 8.1(c).

 

I.54 “Company Registration” is
defined in Section 5.8(a).

 

I.55 “Company Stock” refers
collectively to the Company Preferred Stock and Company Common Stock as defined in Section 5.4(a).

 

I.56 “Company SEC Documents” is
defined in Section 5.8(b).

 

I.57 “Payment Securities” is
defined in Section 2.2.

 

I.58 “Permits” is
defined in Section 3.13.

 

I.59 “Permitted Liens” means
(i) all defects, exceptions, restrictions, easements, rights of way and encumbrances disclosed in policies of title insurance which
have been made available to Parent; and (ii) mechanics’, carriers’, workers’, repairers’ and similar
statutory Liens arising or incurred in the ordinary course of business for amounts (A) that are not delinquent, (B) that are not
material to the business, operations and financial condition of the Company so encumbered, either individually or in the aggregate,
(C) not resulting from a breach, default or violation by any of the Company of any Contract or Law, and (D) the Liens set forth
on Schedule 1.62.

 

I.60 “Person” means
an individual, corporation, partnership (including a general partnership, limited partnership, or limited liability partnership),
limited liability company, association, trust or other entity or organization, including a government, domestic or foreign, or
political subdivision thereof, or an agency or instrumentality thereof.

 

I.61 “Registered Intellectual
Property” is defined in Section 3.15.

 

I.62 “Sarbanes-Oxley Act” means
the Sarbanes-Oxley Act of 2002, as amended.

 

I.63 “Securities Act” means
the Securities Act of 1933, as amended.

 

I.64 “Series A Preferred
Stock” means up to 10,000,000 shares of the Company’s Series A Convertible Preferred Stock to be issued by
Company having the rights, preferences and privileges set forth in the Certificate of Designation, in the form attached to the
Amended and Restated Articles of Incorporation.

 

I.65 “Signing Date” is
defined in the Preamble.

 

I.66 “Subsidiary” means
each entity of which at least fifty percent (50%) of the capital stock or other equity or voting securities are Controlled or owned,
directly or indirectly, by the Company.

 

I.67 “Tangible Personal Property” means
all tangible personal property and interests therein, including machinery, computers and accessories, furniture, office equipment,
communications equipment, automobiles, trucks, forklifts, and other vehicles owned or leased by the Company or any of its Subsidiaries
and other tangible property, including the items listed on Schedule 3.10.

 

    5

     

    

 

I.68 “Tax(es)” means
any federal, state, local or foreign tax, charge, fee, levy, custom, duty, deficiency, or other assessment of any kind or nature
imposed by any Taxing Authority (including any income (net or gross), gross receipts, profits, windfall profit, sales, use, goods
and services, ad valorem, franchise, license, withholding, employment, social security, workers compensation, unemployment compensation,
employment, payroll, transfer, excise, import, real property, personal property, intangible property, occupancy, recording, minimum,
alternative minimum, environmental or estimated tax), including any liability therefor as a transferee (including under Section
6901 of the Code or similar provision of applicable Law) or successor, as a result of Treasury Regulation Section 1.1502-6 or similar
provision of applicable Law or as a result of any Tax sharing, indemnification or similar agreement, together with any interest,
penalty, additions to tax or additional amount imposed with respect thereto.

 

I.69 “Taxing Authority” means
the Internal Revenue Service and any other Authority responsible for the collection, assessment or imposition of any Tax or the
administration of any Law relating to any Tax.

 

I.70 “Tax Return” means
any return, information return, declaration, claim for refund or credit, report or any similar statement, and any amendment thereto,
including any attached schedule and supporting information, whether on a separate, consolidated, combined, unitary or other basis,
that is filed or required to be filed with any Taxing Authority in connection with the determination, assessment, collection or
payment of a Tax or the administration of any Law relating to any Tax.

 

I.71 “Third-Party Claim” is
defined in Section 9.2(a).

 

I.72 “Transaction” is
defined in the preamble.

 

I.73  “ordinary Shares” is
defined in Section 3.5.

 

I.74 “U.S. GAAP” means
U.S. generally accepted accounting principles, consistently applied.

 

ARTICLE II

PURCHASE AND SALE

 

Acquisition. Subject to the
terms and conditions of this Agreement, Target Subsidiary

shall be acquired  into the
Company.  At the Effective Time, the separate legal existence of Acquisition Subsidiary shall continue as a wholly owned subsidiary
of the Company shall be the parent company as referred to the agreement.

 

II.1 Share Exchange.  On
the Closing Date, the ordinary Shareholders of  the Gibraltar Company, Token Communities PLC,  shall transfer to the
Company as the  Parent an aggregate of 500,000,000 ordinary shares, representing all of the ordinary shares issued and outstanding
of the Gibraltar PLC  outstanding as of the time of the exchange, and (y) Token Communities Limited, the Delaware Company
(Parent) shall issue an aggregate of 172,820,000 fully paid and nonassessable shares of Parent Common Stock in exchange for the
500,000,000 ordinary shares of Token Communities PLC,  the Gibraltar company, the 172,820 Common Shares of Parent shall be
issued to the  shareholders  in the amounts set forth on Schedule “I” (collectively
referred to herein as the “Payment Securities”). The number of shares of Parent Common Stock included as
Payment Securities shall increase the total number of common stock to no more than a maximum of 270,000,000 Common Shares issued
and outstanding in the enlarged share capital of the company post completion.

 

II.2 Section 351 Transaction.
 For U.S., federal income tax purposes, the Transaction is intended to constitute an exchange of property for stock under
Section 351 of the Code. The parties to this Agreement hereby (i) agree to file and retain such information as shall be required
under Section 1.351-3 of the United States Treasury Regulations, and (ii) agree to file all Tax and other informational returns
on a basis consistent with such characterization. Notwithstanding the foregoing or anything else to the contrary contained in this
Agreement, the parties acknowledge and agree that no party is making any representation or warranty as to the qualification of
the Transaction under Section 351 of the Code or as to the effect, if any, that any transaction consummated on, after or prior
to the Closing Date has or may have on any such transaction. Each of the parties acknowledge and agree that each (i) has had the
opportunity to obtain independent legal and tax advice with respect to the transactions contemplated by this Agreement, and (ii)
is responsible for paying its own Taxes, including any adverse Tax consequences that may result if the Transaction is determined
not to qualify under Section 351 of the Code.

 

    6

     

    

 

II.3 Closing.  Subject
to the satisfaction or waiver of the conditions set forth in Article VIII, the closing (the “Closing”)
of the Transaction shall take place at the offices of Law Offices of David E. Price, in Bethesda, Maryland, on the third Business
Day after all the closing conditions set forth in Article VII to this Agreement have been satisfied or waived at 10:00 a.m. local
time, or at such other date, time or place as Parent and the Company may agree (the date and time at which the Closing is actually
held being the “Closing Date”).  At the Closing:

 

(a) Parent shall deliver the Payment Securities
in accordance with Section 2.2.

 

(b) The Members shall deliver to Parent
instructions to the Company’s registrar and transfer agent that, at the Closing, their Units be transferred to Parent, with
all necessary transfer Tax and other revenue stamps, acquired at each Member’s expense, affixed.

 

II.4 Board of Directors. after
the Closing, the Parent’s board of directors will consist of five (5) directors. The Target Company shall designate three
(3) persons to the Parent’s board of directors.  The Parent and the Company will work together to assure that at least
one (1) of the designated directors qualify as an independent director under the Securities Act, and the rules of any applicable
securities exchange.

 

II.5 Appointment of Officers.
 Simultaneously upon the Signing Date, the parties agree to appoint Steven Knight, aged (58), a British Citizen to serve as
Chairman of the Board and Alexander Lightman aged (57) an American Citizen residing in California to serve as Chief Executive Officer
of the Parent Company, and to appoint Peter E Maddocks to serve as President and Chief Financial Officer of the Parent Company.
 

 

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF

THE COMPANY

 

The Target Company
hereby represents and warrants to the Parent Company that, except as set forth in the corresponding schedule in the disclosure
schedules attached hereto, each of the following representations and warranties is true, correct, and complete to the knowledge
of the Company as of the date of this Agreement and as of the Closing Date.  

 

III.1 Corporate Existence and Power.
 The Company is a limited liability company duly organized, validly existing and in good standing under the Laws of the State
of Gibraltar.  The Company has all power and authority, corporate and otherwise, and all governmental licenses, franchises,
Permits, authorizations, consents and approvals required to own and operate its properties and assets and to carry on its business
as presently conducted and as proposed to be conducted.  The Company is duly qualified or licensed to do business as a foreign
corporation or limited liability company, as applicable, and is in good standing in each authority where the character of the property
owned or leased by it or the nature of its activities make such qualification necessary.

 

III.2 Authorization.

 

(a) The execution, delivery and performance
by the Company of this Agreement and the Additional Agreements and the consummation by the Company of the transactions contemplated
hereby and thereby are within the corporate powers of the Company and have been duly authorized by all necessary action on the
part of the Company, including the approval of the Manager and the approval of the super majority of the Members of the Company.
 This Agreement constitutes a valid and legally binding agreement of the Company enforceable against the Company in accordance
with their respective terms, subject to bankruptcy, insolvency and similar Laws affecting the enforceability of creditor rights
generally and to general principals of equity.

 

    7

     

    

 

III.3 Governmental Authorization.
 Neither the execution, delivery nor performance by the Company of this Agreement or any Additional Agreements requires any
consent, approval, license, or other action by or in respect of, or registration, declaration or filing with, any Authority.

 

III.4 Non-Contravention.  None
of the execution, delivery or performance by the Company of this Agreement does or will:

 

(a) contravene or conflict with the organizational
or constitutive documents of the Company;

 

(b) contravene or conflict with or constitute
a violation of any provision of any Law binding upon or applicable to the Company;

 

(c) constitute a default under or breach
of (with or without the giving of notice or the passage of time or both); violate; or give rise to any right of termination, cancellation,
amendment, or acceleration of any right or obligation of the Company;

 

(d) require any payment or reimbursement
by any of the Company (other than obligations set forth in the Additional Agreements);

 

(e) cause a loss of any material benefit
relating to the business to which the Company is entitled under any provision of any Permit or Contract (i) binding upon the Company,
or (ii) by which any of the Units or the Company’s assets is or may be bound; or

 

(f) result in the creation or imposition
of any Lien (except for Permitted Liens) on any of the Units or the Company’s assets.

 

III.5 Capitalization.  The
Target Company has an authorized capitalization consisting of 5,000,000,000, shares as defined in the Company’s articles
of incorporation (the “ordinary shares”).  All the existing issued and outstanding ordinary shares
have been duly authorized and validly issued, are fully paid and non-assessable and have not been issued in violation of any preemptive
or similar rights of any Person.  All the issued and outstanding ordinary shares of the Target Company are owned of record
and beneficially by the Shareholders as set forth on Schedule “I”.  Upon the Closing, the Parent
Company shall receive good, valid and marketable title to 100 % ordinary shares free and clear of all Liens.  No other class
of Shares is authorized or outstanding.  Except as set forth on Schedule 3.5, there are no: (a) outstanding subscriptions,
options, warrants, rights (including “phantom stock rights”), calls, commitments, understandings, conversion
rights, rights of exchange, plans or other agreements of any kind providing for the purchase, issuance or sale of any shares  of
the Company, or (b) agreements by any shareholders  with respect to any of the shares, including any voting trust, other
voting agreement or proxy with respect thereto, or (c) equity holder agreements between the Target Company and its direct or indirect
holders regarding the securities of such company.

 

III.6 Certificate of Incorporation
and articles of incorporation  Copies of (a) the certificate of formation of the Company, as certified by the
Secretary of State of Gibraltar or its equivalent authority, its state of formation. (b) the articles of incorporation, be delivered
to Parent, and such copies shall be each true and complete copies of such instruments as amended and in effect on such delivery
date.

 

    8

     

    

 

III.7 Financial Statements.

 

(a) The Company shall deliver to the Parent
Company the Audited Financial Statements, the “Financial Statements”) for the period ended December 31st 2017
and Unaudited financial statements or management accounts for the period ended February 28th 2018

 

(b) The Financial Statements (a) are in
accordance with the books and records of the Company, and (b) present fairly in all material respects the financial condition of
the Company at the dates therein specified and the results of its operations and changes in financial position for the periods
therein specified.

 

(c) Except as fully disclosed in Schedule
3.7(d), the Company has no indebtedness, liabilities, or obligations (whether accrued, absolute, contingent, whether due or to
become due or otherwise).

 

III.8 Books and Records.  The
Company shall make all Books and Records of the Company available to Parent for its inspection and shall deliver to Parent complete
and accurate copies of all documents referred to in the schedules to this Agreement or that Parent otherwise has requested within
sixty (60) days from the Signing Date.  

 

III.9 Absence of Certain Changes.
 Since the Company Balance Sheet Date, each of the Companies has conducted the Business in the ordinary course consistent
with past practices.  Without limiting the generality of the foregoing, except as set forth on Schedule 3.9, since the Company
Balance Sheet Date, there has not been any Material Adverse Effect in the value to Parent of the transactions contemplated hereby.

 

III.10 Properties; Title to the
Company’s Assets.  Except as set forth on Schedule 3.10 the Tangible Personal Property have no defects, are in good
operating condition and repair and function in accordance with their intended uses (ordinary wear and tear excepted) and have been
properly maintained and are suitable for their present uses and meet all specifications and warranty requirements with respect
thereto.

 

III.11 Litigation.  Except
as provided on Schedule 3.11, there is no Action (or any basis therefor) pending against, or, to the best knowledge of the Company,
threatened, against or affecting, the Company.  Except as provided on Schedule 3.11, there are no outstanding judgments against
the Company.

 

III.12 Contracts.

 

(a) Schedule 3.12(a) lists all material
Contracts, oral or written (collectively, “Material Contracts”) to which the Company is a party, and which
are currently in effect and constitute the following:

 

(i) all Contracts that require annual payments
or expenses by, or annual payments or income to, the Company of $100,000 or more (other than standard purchase and sale orders
entered in the ordinary course of business consistent with past practice);

 

(ii) all sales, advertising, agency, lobbying,
broker, market research, marketing or similar contracts and agreements, in each case requiring the payment of any commissions by
the Company more than $100,000 annually;

 

(iii) all employment Contracts, employee
leasing Contracts, and consultant and sales representatives Contracts with any current or former officer, director, employee or
consultant of the Company or other Person, under which the Company (A) has continuing obligations for payment of annual compensation
of at least $75,000 (other than oral arrangements for at-will employment), (B) has severance or post termination obligations to
such Person (other than COBRA obligations), or (C) has an obligation to make a payment upon consummation of the transactions contemplated
hereby or as a result of a change of control of the Company;

 

    9

     

    

 

(iv) all Contracts creating a joint venture,
strategic alliance, limited liability company and partnership agreements to which the Company is a party;

 

(v) all Contracts relating to patents,
trademarks, service marks, trade names, brands, copyrights, trade secrets and other Intellectual Property Rights of the Company;
and

 

(vi) all Contracts relating to outstanding
Indebtedness, including financial instruments of indenture or security instruments (typically interest-bearing) such as notes,
mortgages, loans, and lines of credit.

 

III.13 Licenses and Permits.
 Schedule 3.13 correctly lists each license, permit, order or approval or other similar authorization affecting, or relating
in any way to, the Business, together with the name of the Authority issuing the same (the “Permits”).
 Except as indicated on Schedule 3.13, such Permits are valid and in full force and effect, and none of the Permits will,
assuming the related third-party consent has been obtained or waived prior to the Closing Date, be terminated or impaired or become
terminable because of the transactions contemplated hereby.  The Company has all Permits necessary to operate the Business.
 

 

III.14 Compliance with Laws.
 Except as set forth on Schedule 3.14, the Company has not violated nor is in violations of, and to the Company’s best
knowledge, is neither under investigation with respect to nor has been threatened to be charged with or given notice of any violation
or alleged violation of, any Law, or judgment, order or decree entered by any court, arbitrator or Authority, domestic or foreign,
nor is there any basis for any such charge and within the last 24 months the Company has not received any subpoenas by any Authority.

 

III.15 Intellectual Property.  The
Company owns, free and clear of all Liens other than Permitted Liens, or otherwise possesses a valid right to use, all Intellectual
Property Rights necessary to conduct its business as currently operated.  Schedule 3.15 sets forth a true, correct and complete
list of all registered patents, trademarks, service marks, trade names, Internet domain names and copyrights of each of the Companies
and any applications for any of the foregoing (collectively, “Registered Intellectual Property”), specifying
as to each, as applicable: (i) the nature of such Intellectual Property Right; (ii) the owner of such Intellectual Property Right;
(iii) the jurisdictions by or in which such Intellectual Property Right has been issued or registered or in which an application
for such issuance or registration has been filed, including the respective registration or application numbers; and (iv) all licenses,
sublicenses and other agreements pursuant to which any Person is authorized to use such Intellectual Property Right.

 

III.16 Insurance Coverage. There
is in full force and effect one or more policies of insurance, insuring the Company and its properties, products and business against
such losses and risks, and in such amounts, as are customary for business entities engaged in the same or similar business and
similarly situated.  Other than as described on Schedule 3.16, the Company has not been refused any insurance coverage sought
or applied for, and the Company has no reason to believe that it will be unable to renew its existing insurance coverage as and
when the same shall expire upon terms at least as favorable to those currently in effect, other than possible increases in premiums
that do not result from any act or omission of the Company.  Other than as set forth on Schedule 3.16, no suit, proceeding
or action or, to the knowledge of the Company, threat of suit, proceeding or action has been asserted or made against the Company
within the last five years due to alleged bodily injury, disease, medical condition, death or property damage arising out of the
function or malfunction of a product, procedure or service designed, manufactured, sold or distributed by the Company.

 

    10

     

    

 

III.17 Employment Matters.

 

(a) Schedule 3.17(a) sets forth a true
and complete list of every employment agreement (each an “Existing Employment Agreement”), commission agreement,
employee group or executive medical, life, or disability insurance plan, and each incentive, bonus, profit sharing, retirement,
deferred compensation, equity, phantom stock, stock option, stock purchase, stock appreciation right or severance plan of the Company,
to the extent that any such agreement relates to the Business of the Company, now in effect or under which the Company has or might
have any obligation, or any understanding between the Company and any employee concerning the terms of such employee’s employment
that does not apply to the Company (to the extent such employment relates to that of the Company) employees generally (collectively, “Labor
Agreements”).

 

(b) The Company has complied in all material
respects with all Labor Agreements and all applicable laws relating to employment or labor.  All accrued obligations of the
Company applicable to its employees, whether arising by operation of Law, by Contract, by past custom or otherwise, for payments
by the Company to any trust or other fund or to any Authority, with respect to unemployment or disability compensation benefits,
social security benefits, under ERISA or otherwise, have been paid or adequate accruals have been made.

 

III.18 Environmental Laws.

 

(a) Except as set forth in Schedule 3.18,
the Company has not (i) received any written notice of any alleged claim, violation of or Liability under any Environmental Law
which has not heretofore been cured or for which there is any remaining liability; (ii) disposed of, emitted, discharged, handled,
stored, transported, used or released any Hazardous Materials, arranged for the disposal, discharge, storage or release of any
Hazardous Materials, or exposed any employee or other individual to any Hazardous Materials so as to give rise to any Liability
or corrective or remedial obligation under any Environmental Laws; or (iii) entered into any agreement that may require it to guarantee,
reimburse, pledge, defend, hold harmless or indemnify any other Person with respect to liabilities arising out of Environmental
Laws or the Hazardous Materials Activities of the Companies, except in each case as would not, individually or in the aggregate,
have a Material Adverse Effect.

 

(b) The Company has delivered to Parent
all material records in its possession concerning the Hazardous Materials Activities of the Company and all environmental audits
and environmental assessments in the possession or control of the Company of any facility currently owned, leased or used by the
Company which identifies the potential for any violations of Environmental Law or the presence of Hazardous Materials on any property
currently owned, leased or used by the Company.

 

(c) Except as provided for on Schedule
3.18(c), there are no Hazardous Materials in, on, or under any properties owned, leased or used at any time by the Company such
as could give rise to any material liability or corrective or remedial obligation of the Company under any Environmental Laws.

 

III.19 Finders’ Fees.
 Except as set forth on Schedule 3.19, there is no investment banker, broker, finder, or other intermediary which has been
retained by or is authorized to act on behalf of the Company who might be entitled to any fee or commission from Parent or any
of its Affiliates (including the Company following the Closing) upon consummation of the transactions contemplated by this Agreement.

 

III.20 Disclosure. There
is no fact relating to the Company that the Company has not disclosed to Parent in writing that materially and adversely affects
nor, as far as Company can now foresee, will materially and adversely affect, the condition (financial or otherwise), properties,
assets, liabilities, business operations, results of operations or prospects of Company.  No representation or warranty by
Company herein and no information disclosed in the schedules or exhibits hereto by Company contains any untrue statement of a material
fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading.

 

    11

     

    

 

ARTICLE IV

STATUS OF SCHEDULES AS OF SIGNING DATE; SURVIVAL OF REPRESENTATIONS AND WARRANTIES

 

IV.1 Status of Schedules as of
Signing Date.

 

(a) To the extent that any of the schedules
to this Agreement are not provided to the Parent on the date of this Agreement, such schedules shall be provided by the Company
to the Parent as soon as such schedules are available, but in any event three (3) Business Days prior to the Closing Date (or within
such other timeframe as is specifically set forth in Article III).  The Parent shall have fifteen (15) days to either accept
such schedules as final or provide a written request for revised schedules or additional information relating to items included
in such schedules, in the absence of which request the schedules shall be deemed final.  Each time additional information
or revisions are requested; the Parent shall have fifteen (15) days after receipt of the revised schedules to either accept such
schedules as final or provide a written request for revised schedules or additional information relating to items included in such
schedules.  The disclosure schedules shall be deemed final after the Parent has received the schedules and does not comment
on such draft of the schedules for fifteen (15) days after receipt.

 

(b) Any representations or warranties with
respect to those matters or items in any schedule described in Article III shall be made (unless waived or amended) only as of
the date on which such Schedule is deemed final pursuant to Section 4.1(a).

 

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF PARENT Company

 

Parent and Acquisition
Subsidiary, jointly and severally, hereby represent and warrant to the Company that:

 

V.1 Corporate Existence and Power.
 Parent is a corporation duly organized and existing in good standing under the laws of the State of Delaware.  Acquisition
Subsidiary is a limited liability company duly organized and existing in good standing under the laws of the State of Gibraltar.
 Parent and Acquisition Subsidiary have heretofore delivered to the Company complete and correct copies of their respective
Articles of Incorporation, By-Laws, Articles of Organization and Operating Agreement as now in effect.  Parent and Acquisition
Subsidiary have full corporate power and authority to carry on their respective businesses as they are now being conducted and
as now proposed to be conducted and to own or lease their respective properties and assets.  Neither Parent nor Acquisition
Subsidiary has any subsidiaries (except Parent’s ownership of Acquisition Subsidiary) or direct or indirect interest (by
way of stock ownership or otherwise) in any firm, corporation, limited liability company, partnership, association, or business.
 Parent owns all the issued and outstanding membership interests of Acquisition Subsidiary free and clear of all Liens, and
Acquisition Subsidiary has no outstanding options, warrants or rights to purchase its membership interests or other securities
of Acquisition Subsidiary, other than the membership interest owned by Parent.  Unless the context otherwise requires, all
references in this Article V to “Parent” shall be treated as being a reference to Parent and Acquisition
Subsidiary taken together as one enterprise.

 

V.2 Corporate Authorization.
 The execution, delivery and performance by Parent of this Agreement and the Additional Agreements and the consummation by
Parent of the transactions contemplated hereby and thereby are within the corporate powers of Parent and have been duly authorized
by all necessary corporate action on the part of Parent.  This Agreement has been duly executed and delivered by Parent and
it constitutes, and upon their execution and delivery, the Additional Agreements will constitute, a valid and legally binding agreement
of Parent, enforceable against it in accordance with its terms.

 

    12

     

    

 

V.3 Governmental Authorization.
 Neither the execution, delivery nor performance of this Agreement requires any consent, approval, license, or other action
by or in respect of, or registration, declaration or filing with any Authority.

 

V.4 Non-Contravention.  The
execution, delivery and performance by Parent of this Agreement do not and will not (i) contravene or conflict with the organizational
or constitutive documents of Parent, or (ii) contravene or conflict with or constitute a violation of any provision of any Law,
judgment, injunction, order, writ, or decree binding upon Parent.

 

V.5 Authorized Capital.  

 

(a) The authorized capital stock of Parent
consists of (i) 300,000,000 shares of Common Stock, par value $0.0001 per share, (“Parent Common Stock”) of which shares
are issued and outstanding.  Parent has no outstanding options, rights, or commitments to issue shares of Parent Stock or
any other equity security of Parent Company, and there are no outstanding securities convertible or exercisable into or exchangeable
for shares of Parent Stock or any other equity security of Parent or Acquisition Subsidiary.  There is no voting trust, agreement,
or arrangement among any of the beneficial holders of Parent Stock affecting the nomination or election of directors or the exercise
of the voting rights of Parent Stock.  The offer, issuance, and sale of such shares of Parent Stock were (a) exempt from the
registration and prospectus delivery requirements of the Securities Act, (b) registered or qualified (or were exempt from registration
or qualification) under the registration or qualification requirements of all applicable state securities laws and (c) accomplished
in conformity with all other applicable securities laws.  None of such shares of Parent Stock are subject to a right of withdrawal
or a right of rescission under any federal or state securities or “Blue Sky” law.

 

V.6 Validity of Shares. The
shares of Parent Common Stock to be issued at the Closing pursuant to Section 2.2 hereof, when issued and delivered in accordance
with the terms of the Agreement, shall be duly and validly issued, fully paid and non-assessable.  The issuance of the Parent
Common Stock upon consummation of the Merger pursuant to Sections 2.2 will be exempt from the registration and prospectus delivery
requirements of the Securities Act and from the qualification or registration requirements of any applicable state “Blue
Sky” or securities laws.

 

V.7 SEC Reporting and Compliance.

 

(a) Parent filed a registration statement
on Form S-1 under the Securities Act, which became effective on March 31, 2014 (the “Parent Registration”).
 Since that date, Parent has filed with the Commission all registration statements, proxy statements, information statements
and reports required to be filed pursuant to the Exchange Act.  Parent has not filed with the Commission a certificate on
Form 15 pursuant to Rule 12h-3 of the Exchange Act.

 

(b) Parent has made available to the Company
true and complete copies of the registration statements, information statements and other reports (collectively, the “Parent
SEC Documents”) filed by Parent with the Commission.  As of its respective filing date, each Parent SEC Document
complied in all material respects with the requirements of the Exchange Act and the rules and regulations promulgated thereunder
applicable to such Parent SEC Documents and, except to the extent that information contained in any Parent SEC Document has been
revised or superseded by a later filed Parent SEC Document, did not contain any untrue statement of a material fact or omit to
state a material fact necessary in order to make the statements contained therein not misleading.

 

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(c) Prior to and until the Closing, Parent
Company will provide to the Target Company copies of any and all amendments or supplements to the Parent Company  SEC Documents
filed with the Commission and all subsequent registration statements and reports filed by Parent  Company subsequent to the
filing of the Parent SEC Documents with the Commission and any and all subsequent information statements, proxy statements, reports
or notices filed by Parent with the Commission or delivered to the stockholders of Parent.

 

(d) Parent is not an investment company
within the meaning of Section 3 of the Investment Company Act of 1940, as amended.

 

(e) Parent is not, and never has been,
a “shell company” as defined in Rule 12b-2 under the Exchange Act and as indicated in the Parent’s
filings with the Commission.

 

(f) The shares of Parent Common Stock are
quoted on the OTC Pink Sheets tier of the OTC Markets Group (the “OTC Markets”) under the symbol “XTPH” and
Parent is, and has no reason to believe that it will not in the foreseeable future continue to be, in compliance in all material
respects with all rules and regulations of the OTC Markets applicable to it and the Parent Common Stock.  The issuance of
Parent Common Stock under this Agreement does not contravene the rules and regulations of the trading market on which the Parent
Common Stock is currently listed or quoted, and no approval of the stockholders of Parent is required for Parent to issue and deliver
the Parent Common Stock contemplated by this Agreement.

 

(g) Between the date hereof and the Effective
Time, Parent shall continue to satisfy the filing requirements of the Exchange Act and all other requirements of applicable securities
laws and of the OTC Markets.

 

(h) The Parent SEC Documents include all
certifications and statements required of it, if any, by (i) Rule 13a-14 or 15d-14 under the Exchange Act, and (ii) 18 U.S.C. Section
1350 (Section 906 of the Sarbanes-Oxley Act of 2002), and each of such certifications and statements contain no qualifications
or exceptions to the matters certified therein other than a knowledge qualification, permitted under such provision, and have not
been modified or withdrawn and neither Parent nor any of its officers has received any notice from the Commission questioning or
challenging the accuracy, completeness, form or manner of filing or submission of such certifications or statements.

 

(i) Parent has otherwise complied with
the Securities Act, Exchange Act, and all other applicable federal and state securities laws, rules, and regulations.

 

Financial Statements. The
balance sheets and statements of operations, stockholders’ equity and cash flows contained in the Parent SEC Documents
(the “Parent Financial Statements”) (a) comply as to form in all material respects with applicable accounting
requirements and rules and regulations of the Commission with respect thereto, (b) have been prepared in accordance with U. S.
GAAP applied on a basis consistent with prior periods (and, in the case of unaudited financial information, on a basis consistent
with year-end audits), (c) are in accordance with the books and records of Parent and (d) present fairly in all material respects
the financial condition of Parent at the dates therein specified and the results of its operations and changes in financial position
for the periods therein specified.  The financial statements included in Parent’s Registration Statement and the Parent
SEC Documents (to the extent applicable) were audited by MJF & Associates, Parent’s current independent registered
public accounting firm.

 

V.8 Governmental Consents.

 

(a) All material consents, approvals, orders,
or authorizations of, or registrations, qualifications, designations, declarations, or filings with any federal or state governmental
authority on the part of Parent or Acquisition Subsidiary required in connection with the consummation of the Merger shall have
been obtained prior to, and be effective as of, the Closing.

 

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(b) All material consents, approvals, orders,
or authorizations of, or registrations, qualifications, designations, declarations, or filings with any federal or state governmental
authority on the part of Company required in connection with the consummation of the Merger shall have been obtained prior to,
and be effective as of, the Closing.

 

V.9 Compliance with Laws and Other
Instruments.  The execution, delivery and performance by Parent and/or Acquisition Subsidiary of the Merger Documents
and the other agreements to be made by Parent or Acquisition Subsidiary pursuant to or in connection with the Merger Documents
and the consummation by Parent and/or Acquisition Subsidiary of the transactions contemplated by the Merger Documents will not
cause Parent and/or Acquisition Subsidiary to violate or contravene (a) any provision of law, (b) any rule or regulation of any
agency, government or Authority, (c) any order, judgment or decree of any court or Authority, or

 

(d) any provision of their respective charters
or By-Laws as amended and in effect on and as of the Closing Date and will not violate or be in conflict with, result in a breach
of or constitute (with or without notice or lapse of time, or both) a default under any material indenture, loan or credit agreement,
deed of trust, mortgage, security agreement or other agreement or contract to which Parent or Acquisition Subsidiary is a party
or by which Parent and/or Acquisition Subsidiary or any of their respective properties is bound.

 

V.10 No General Solicitation.
 In issuing the Parent Common Stock in the Merger hereunder, neither Parent nor anyone acting on its behalf has offered to
sell the Parent Stock by any form of general solicitation or advertising.

 

V.11 Binding Obligations. This
Agreement, together with the Additional Agreements, constitute the legal, valid, and binding obligations of Parent and Acquisition
Subsidiary, and are enforceable against Parent and Acquisition Subsidiary, in accordance with their respective terms, except as
such enforcement is limited by bankruptcy, insolvency and other similar laws affecting the enforcement of creditors’ rights
generally and by general principles of equity.

 

V.12 Absence of Undisclosed Liabilities. Neither
Parent nor Acquisition Subsidiary has any material obligation or liability (whether accrued, absolute, contingent, liquidated or
otherwise, whether due or to become due), arising out of any transaction entered into at or prior to the Closing, except (a) as
disclosed in the Parent SEC Documents, (b) to the extent set forth on or reserved against in the balance sheet of Parent in the
most recent Parent SEC Document filed by Parent (the “Parent Balance Sheet”) or the notes to the Parent
Financial Statements, (c) current liabilities incurred and obligations under agreements entered into in the usual and ordinary
course of business since the date of the Parent Balance Sheet (the “Parent Balance Sheet Date”), none of
which (individually or in the aggregate) materially and adversely affects the Condition of Parent and (d) by the specific terms
of any written agreement, document or arrangement attached as an exhibit to the Parent SEC Documents.  As of the Closing Date,
all liabilities of Parent shall have been paid off and shall in no event remain liabilities of the Parent, the Acquisition Subsidiary,
the Company, or the stockholders of Parent following the Closing.

 

V.13 Absence of Changes. Since
the Parent Balance Sheet Date, except as disclosed in the Parent SEC Documents, Parent has conducted its business in the ordinary
course consistent with past practices.  Without limiting the generality of the foregoing, except as set forth in the Parent
SEC Documents, since the Parent Balance Sheet Date, there has not been any Material Adverse Effect in the value to Company of the
transactions contemplated hereby.

 

V.14 Tax Returns and Audits.
 All required federal, state and local Tax Returns of Parent have been accurately prepared in all material respects and duly
and timely filed, and all federal, state and local Taxes required to be paid with respect to the periods covered by such returns
have been paid to the extent that the same have become due, except where the failure so to file or pay could not reasonably be
expected to have a material adverse effect upon the Condition of the Parent.  Parent is not and has not been delinquent in
the payment of any Tax.  Parent has not had a Tax deficiency assessed against it and has not executed a waiver of any statute
of limitations or the assessment or collection of any Tax.  None of Parent’s federal income, state and local income
and franchise tax returns has been audited by any governmental authority; and none of the Parent’s state or local income
or franchise Tax Returns has been audited by any governmental authority.  

 

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The reserves for Taxes reflected on the
Parent Balance Sheet are and will be sufficient for the payment of all unpaid Taxes payable by Parent with respect to the period
ended on the Parent Balance Sheet Date.  Since the Parent Balance Sheet Date, the Parent has made adequate provisions on its
books of account for all Taxes with respect to its business, properties, and operations for such period.  Parent has withheld
or collected from each payment made to each of its employees the amount of all Taxes (including, but not limited to, federal, state,
and local income Taxes, Federal Insurance Contribution Act Taxes and Federal Unemployment Tax Act Taxes) required to be withheld
or collected therefrom and has paid the same to the proper Tax receiving officers or authorized depositaries.  There are no
federal, state, local or foreign audits, actions, suits, proceedings, investigations, claims or administrative proceedings relating
to Taxes or any Tax Returns of Parent now pending, and Parent has not received any notice of any proposed audits, investigations,
claims or administrative proceedings relating to Taxes or any Tax Returns.  Parent has not agreed, nor is it required, to
make any adjustments under Section 481(a) of the Code (or any similar provision of state, local and foreign law), whether by reason
of a change in accounting method or otherwise, for any Tax period for which the applicable statute of limitations has not yet expired.
 Parent (i) is not a party to, nor is it bound by or obligated under, any Tax Sharing Agreements, and (ii) does not have any
potential liability or obligation to any Person as a result of, or pursuant to, any such Tax Sharing Agreements.  Parent has
no liability for any other taxpayer under U.S. Treasury Regulation 1.1502-6 or any other similar provision.

 

V.15 Employee Benefit Plans; ERISA.
 Except as disclosed in the Parent SEC Documents, there are no “employee benefit plans” (within
the meaning of Section 3(3) of ERISA) nor any other employee benefit or fringe benefit arrangements, practices, contracts, policies,
or programs other than programs merely involving the regular payment of wages, commissions, or bonuses established, maintained,
or contributed to by Parent, whether written or unwritten and whether or not funded.  Any plans listed in the Parent SEC Documents
are hereinafter referred to as the “Parent Employee Benefit Plans.”

 

V.16 Litigation. There
is no legal action, suit, arbitration or other legal, administrative or other governmental proceeding pending or, to the knowledge
of Parent, threatened against or affecting Parent or Acquisition Subsidiary or any of their respective properties, assets or businesses
and, to the knowledge of Parent, there is no incident, transaction, occurrence or circumstance that might reasonably be expected
to result in or form the basis for any such action, suit, arbitration or other proceeding.  Neither Parent nor Acquisition
Subsidiary is in default with respect to any order, writ, judgment, injunction, decree, determination or award of any court or
any governmental agency or instrumentality or arbitration authority.

 

V.17 Licenses. Parent
possesses from all appropriate governmental authorities all licenses, permits, authorizations, approvals, franchises, and rights
necessary for Parent to engage in the business currently conducted by it, all of which are in full force and effect.

 

V.18 Interested Party Transactions.  No
officer, director or stockholder of Parent or any Affiliate or “associate” (as such term is defined in Rule
405 under the Securities Act) of any such Person or of Parent has or has had, either directly or indirectly, (a) an interest in
any Person that (i) furnishes or sells services or products that are furnished or sold or are proposed to be furnished or sold
by Parent or (ii) purchases from or sells or furnishes to Parent any goods or services, or (b) a beneficial interest in any contract
or agreement to which Parent is a party or by which it or any of its assets may be bound or affected.

 

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V.19 Obligations to or by Stockholders. Parent
has no liability or obligation or commitment to any stockholder of Parent or any Affiliate or “associate” (as
such term is defined in Rule 405 under the Securities Act) of any stockholder of Parent, nor does any stockholder of Parent or
any such Affiliate or associate have any liability, obligation, or commitment to Parent.

 

V.20 Assets and Contracts.   

 

(a) Parent has good title to, or valid
leasehold interests in, all of its properties and assets used in the conduct of its business.  All such assets and properties,
other than assets and properties in which the Parent has leasehold interests, are free and clear of all Liens.  Parent has
complied in all material respects with the terms of all leases to which it is a party and under which it is in occupancy, and all
such leases are in full force and effect.  Parent enjoys peaceful and undisturbed possession under all such leases.

 

(b) Except as expressly set forth in this
Agreement, the Parent Balance Sheet, or the notes thereto, or the Parent SEC Documents, Parent is not a party to any written or
oral agreement not made in the ordinary course of business that is material to Parent.  Parent does not own any real property.
 Parent maintains no insurance policies or insurance coverage of any kind with respect to Parent, its business, premises,
properties, assets, employees, and agents.  No consent of any bank or other depository is required to maintain any bank account,
other deposit relationship or safety deposit box of Parent in effect following the consummation of the Merger and the transactions
contemplated hereby.

 

V.21 Employees.  Other
than pursuant to ordinary arrangements of employment compensation (which such arrangements are described in the Parent SEC Documents),
Parent is not under any obligation or liability to any officer, director, employee, or Affiliate of Parent.

 

V.22 Duty to Make Inquiry.   To
the extent that any of the representations or warranties in this Article V are qualified by “knowledge” or “belief,” Parent
represents and warrants that it has made due and reasonable inquiry and investigation concerning the matters to which such representations
and warranties relate, including, but not limited to, diligent inquiry of its directors and executive officers.

 

V.23 Market Makers.   Parent
has at least two (2) market makers for the Parent Common Stock and such market makers shall have obtained all permits and made
all filings necessary in order for such market makers to continue as market makers of Parent.

 

V.24 Internal Accounting Controls.
  Except as set forth in Schedule 5.26, Parent maintains a system of internal accounting controls
sufficient to provide reasonable assurance that (a) transactions are executed in accordance with management’s general or
specific authorizations, (b) transactions are recorded as necessary to permit preparation of financial statements in conformity
with U.S. GAAP and to maintain asset accountability, (c) access to assets is permitted only in accordance with management’s
general or specific authorization, and (d) the recorded accountability for assets is compared with the existing assets at reasonable
intervals and appropriate action is taken with respect to any differences.  Except as set forth in Schedule 5.26, Parent has
established disclosure controls and procedures for Parent and designed such disclosure controls and procedures to ensure that material
information relating to the Parent is made known to the officers by others within those entities.  Parent’s officers
have evaluated the effectiveness of the Parent’s controls and procedures as of the date prior to the filing date of the most
recently filed periodic report under the Exchange Act (such date, the “Evaluation Date”).  Since the
Evaluation Date, there have been no significant changes in Parent’s internal controls or, to Parent’s knowledge, in
other factors that could significantly affect Parent’s internal controls except as set forth in Schedule 5.26.

 

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V.25 Certain Registration Matters.
  Except as specified in the Parent SEC Documents, prior to the date hereof, Parent has not granted
or agreed to grant to any person any rights (including “piggy-back” registration rights) to have any securities
of Parent registered with the Commission or any other governmental authority that have not been satisfied.

 

V.26 Disclosure.   There
is no fact relating to Parent that Parent has not disclosed to the Company in writing that materially and adversely affects nor,
as far as Parent can now foresee, will materially and adversely affect, the condition (financial or otherwise), properties, assets,
liabilities, business operations, results of operations or prospects of Parent.  No representation or warranty by Parent herein
and no information disclosed in the schedules or exhibits hereto by Parent contains any untrue statement of a material fact or
omits to state a material fact necessary to make the statements contained herein or therein not misleading.

 

ARTICLE VI

COVENANTS OF ALL PARTIES
HERETO

 

The parties hereto
covenant and agree that:

 

VI.1 Best Efforts; Further Assurances.
 Subject to the terms and conditions of this Agreement, each party shall use its best efforts to take, or cause to be taken,
all actions and to do, or cause to be done, all things necessary or desirable under applicable Laws, and in the case of the Company
as reasonably requested by Parent, to consummate and implement expeditiously each of the transactions contemplated by this Agreement,
provided, however, that upon Parent’s request, the parties hereto will work together in good faith to perform further analysis
of the structure of the transactions contemplated by this Agreement following additional diligence to further evaluate the relative
tax efficiencies of such transactions, and, if such analysis identifies a structure that is generally more tax efficient than the
structure contemplated by this Agreement, the parties agree to negotiate such alternate structure in good faith and take any actions
necessary to implement such alternate structure.  

 

VI.2 Confidentiality.
 The Company, on the one hand, and Parent and Parent, on the other hand, shall hold and shall cause their respective
representatives to hold in strict confidence, unless compelled to disclose by judicial or administrative process or by other
requirements of Law, all documents and information concerning the other party furnished to it by such other party or its
representatives in connection with the transactions contemplated by this Agreement (except to the extent that such
information can be shown to have been (a) previously known by the party to which it was furnished, (b) in the public domain
through no fault of such party or (c) later lawfully acquired from other sources, which source is not the agent of the other
party, by the party to which it was furnished), and each party shall not release or disclose such information to any other
person, except its representatives in connection with this Agreement. In the event that any party believes that it is
required to disclose any such confidential information pursuant to applicable Laws, such party shall give timely written
notice to the other party so that such party may have an opportunity to obtain a protective order or other appropriate
relief.  Each party shall be deemed to have satisfied its obligations to hold confidential information concerning or
supplied by the other party if it exercises the same care as it takes to preserve confidentiality for its own similar
information.  The parties acknowledge that some previously confidential information will be required to be disclosed in
the Proxy Statement.

 

ARTICLE VII

Conduct of business pending completion

 

VII.1 Conduct of Business by the
Company Pending the completion. Prior to the Effective Time, unless Parent or Acquisition Subsidiary shall otherwise
agree in writing or as otherwise contemplated by this Agreement or the Additional Agreements:

 

(a) The Business of the Company shall be
conducted only in the ordinary course;

 

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(b) The Company shall not (i) directly
or indirectly redeem, purchase or otherwise acquire or agree to redeem, purchase or otherwise acquire any of its Units; (ii) amend
its Operating Agreement except to effectuate the transactions contemplated in this Agreement or (iii) split, combine or reclassify
the outstanding Units or declare, set aside or pay any dividend payable in cash, equity or property or make any distribution with
respect to any such Units;

 

(c) The Company shall not (i) issue or
agree to issue any additional Shares, or options, warrants or rights of any kind to acquire any Units; (ii) acquire or dispose
of any fixed assets or acquire or dispose of any other substantial assets other than in the ordinary course of business; (iii)
incur additional Indebtedness or any other liabilities or enter into any other transaction other than in the ordinary course of
business; (iv) enter into any contract, agreement, commitment or arrangement with respect to any of the foregoing or (v) except
as contemplated by this Agreement, enter into any contract, agreement, commitment or arrangement to dissolve, merge, consolidate
or enter into any other material business combination;

 

(d) The Company shall use its commercially
reasonable efforts to preserve intact the business organization of the Company, to keep available the service of its present officers
and key employees, and to preserve the good will of those having business relationships with it;

 

(e) The Company will not, nor will it authorize
any director or authorize or permit any officer or employee or any attorney, accountant or other representative retained by it
to make, solicit, encourage any inquiries with respect to, or engage in any negotiations concerning, any Acquisition Proposal (as
defined below for purposes of this paragraph).  The Company will promptly advise Parent orally and in writing of any such
inquiries or proposals (or requests for information) and the substance thereof.  As used in this paragraph, “Acquisition
Proposal” shall mean any proposal for a merger or other business combination involving the Company or for the acquisition
of a substantial equity interest in it or any material assets of it other than as contemplated by this Agreement.  The Company
will immediately cease and cause to be terminated any existing activities, discussions or negotiations with any Person conducted
heretofore with respect to any of the foregoing; and

 

(f) The Company will not enter into any
new employment agreements with any of its officers or employees or grant any increases in the compensation or benefits of its officers
and employees or amend any employee benefit plan or arrangement.

 

VII.2 Conduct of Business by Parent
and Acquisition Subsidiary Pending the Merger.  Prior to the Effective Time, unless the Company shall otherwise agree
in writing or as otherwise contemplated by this Agreement:

 

(a) The business of Parent and Acquisition
Subsidiary shall be conducted only in the ordinary course; provided, however, that Parent shall take the steps necessary to have
discontinued its existing business without liability to Parent or Acquisition Subsidiary immediately prior the Effective Time;

 

(b) Neither Parent nor Acquisition Subsidiary
shall (i) directly or indirectly redeem, purchase or otherwise acquire or agree to redeem, purchase or otherwise acquire any shares
of its capital stock; (ii) amend its charter or By-Laws other than to effectuate the transactions contemplated hereby; or (iii)
split, combine or reclassify its capital stock or declare, set aside or pay any dividend payable in cash, stock or property or
make any distribution with respect to such stock;

 

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(c) Neither Parent nor Acquisition Subsidiary
shall (i) issue or agree to issue any additional shares of, or options, warrants or rights of any kind to acquire shares of, its
capital stock other than to effectuate the transactions contemplated or permitted pursuant to this Agreement; (ii) acquire or dispose
of any assets other than in the ordinary course of business (except for dispositions in connection with Section 7.2(a) hereof);
(iii) incur additional Indebtedness or any other liabilities or enter into any other transaction except in the ordinary course
of business; (iv) enter into any contract, agreement, commitment or arrangement with respect to any of the foregoing or (v) except
as contemplated by this Agreement, enter into any contract, agreement, commitment or arrangement to dissolve, merge, consolidate
or enter into any other material business contract or enter into any negotiations in connection therewith;

 

(d) Neither Parent nor Acquisition Subsidiary
will, nor will they authorize any director or authorize or permit any officer or employee or any attorney, accountant or other
representative retained by them to, make, solicit, encourage any inquiries with respect to, or engage in any negotiations concerning,
any Acquisition Proposal (as defined below for purposes of this paragraph).  Parent will promptly advise the Company orally
and in writing of any such inquiries or proposals (or requests for information) and the substance thereof.  As used in this
paragraph, “Acquisition Proposal” shall mean any proposal for a merger or other business combination
involving Parent or Acquisition Subsidiary or for the acquisition of a substantial equity interest in either of them or any material
assets of either of them other than as contemplated by this Agreement.  Parent will immediately cease and cause to be terminated
any existing activities, discussions or negotiations with any Person conducted heretofore with respect to any of the foregoing;
and

 

(e) Neither Parent nor Acquisition Subsidiary
will enter into any new employment agreements with any of their officers or employees or grant any increases in the compensation
or benefits of their officers and employees.

 

VII.3 Prior to the Closing Date, the Company
shall have hired a Chief Operating Officer reasonably satisfactory to the Company’s Board of Directors who shall approve
the selection of such officer and the terms and conditions of his or her employment.

 

ARTICLE VIII

CONDITIONS TO CLOSING

 

VIII.1 Condition to the Obligations
of the Parties.  The obligations of all of the parties to consummate the Closing are subject to the satisfaction of all
the following conditions:

 

(a) No provisions of any applicable Law,
and no Order shall prohibit or impose any condition on the consummation of the Closing.

 

(b) There shall not be any Action brought
by a third-party non-Affiliate to enjoin or otherwise restrict the consummation of the Closing.

 

(c) Parent shall have amended its Articles
of Incorporation to authorize 300,000,000 shares of Common Stock, par value $0.0001 per share, and 20,000,000 shares of preferred
stock, par value $0.0001 per share (the “Parent Preferred Stock”) and shall designate 10,000,000 shares of Parent
Preferred Stock as Series A Preferred Stock.

 

(d) The parties agree to leave the warrants
as are currently disclosed in the Company’s public filings intact and to allow the warrants to be exercised to bring in circa
$15,000,000 in equity capital.

 

(e) Parent shall have raised no less than
$1,000,000 via the sale of its Series A Preferred Stock, or via the sale of common stock such sale shall be completed within 30
days of execution of this agreement.  

 

(f) Each of the Additional Agreements shall
have been entered into and the same shall be in full force and effect.

 

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(g) Parent shall have received the Financial
Statements of the Target Company in form satisfactory to Parent and Company.

 

(h) The Parties shall have received the
written consent of the Ordinary Shareholders of Target Company in a form satisfactory to both the Parent Company and the Target
Company, authorizing the exchange of the ordinary Shares of Target Company for shares of Parent Common Stock as set forth in Section
2.2.  

 

(i) The holders of certain indebtedness
of the Company in the principal amount of $ (the “Company Exchange Debt”) shall have agreed to exchange the principal
amount and accrued interest of Company Exchange Debt for shares of the Series A Preferred Stock on a dollar of dollar basis.

 

(j) Golden Square Equity Partners Limited
shall have returned to treasury and agreed to cancelled 19,266,000 shares of the Company’s Common Stock pursuant to an agreement
satisfactory to Parent and Target Company prior to closing  

 

VIII.2 Conditions to Obligations
of Parent.  The obligation of Parent to consummate the Closing is subject to the satisfaction, or the waiver at Parent’s
sole and absolute discretion, of all the following further conditions:

 

(a) The Target Company shall have duly
performed all of its obligations hereunder required to be performed by them at or prior to the Closing Date.

 

(b) All of the representations and warranties
of the Target Company contained in this Agreement, any Additional Agreements and in any certificate delivered by the Target  Company,
the Manager or any major Shareholders  pursuant hereto, disregarding all qualifications and exceptions contained therein relating
to knowledge, materiality or Material Adverse Effect, shall: (i) be true, correct and complete (A) at and as of the date of this
Agreement, or, (B) if otherwise specified, when made or when deemed to have been made, and (ii) be true, correct and complete as
of the Closing Date, in the case of (i) and (ii) with only such exceptions as could not in the aggregate reasonably be expected
to have a Material Adverse Effect.

 

(c) There shall have been no event, change
or occurrence which individually or together with any other event, change or occurrence, could reasonably be expected to have a
Material Adverse Effect, regardless of whether it involved a known risk.

 

(d) Parent shall have received a certificate
signed by the Manager of the Company to the effect set forth in clauses (a) through (c) of this Section 8.2.

 

(e) No court, arbitrator or other Authority
shall have issued any judgment, injunction, decree or order, or have pending before it a proceeding for the issuance of any thereof,
and there shall not be any provision of any applicable Law restraining or prohibiting the consummation of the Closing, the ownership
by Parent of any of the Units or the effective operation of the Business by the Company after the Closing Date.

 

(f) Parent shall have received from each
major shareholder a general release of all claims against the Company and their officers, directors, employees, and Affiliates
(other than Parent solely in connection with this Agreement and the Additional Agreements) in form satisfactory to Parent.

 

(g) Parent shall have received final Schedules
unless waived in writing by Parent.

 

(h) Parent shall have received the Financial
Statements.  

 

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VIII.3 Conditions to Obligations
of the Company.  The obligation of the Company to consummate the Closing is subject to the satisfaction, or the waiver
at the Company’s discretion, of all of the following further conditions:

 

(a) (i) The Parent and Target Company as
Acquisition Subsidiary shall have performed in all material respects all of their respective obligations hereunder required to
be performed by it

 

at or prior to the Closing Date, (ii) the
representations and warranties of Parent and Acquisition Subsidiary contained in this Agreement, and in any certificate or other
writing delivered by Parent or the Acquisition Subsidiary pursuant hereto, disregarding all qualifications and expectations contained
therein relating to materiality shall be true and correct in all material respects at and as of the Closing Date, as if made at
and as of such date, and (iii) the Company shall have received a certificate signed by an authorized officer of Parent and the
Parent to the foregoing effect.

 

(b) Parent shall have executed and delivered
to the Ordinary Shareholders and common shareholders as the case may be s each Additional Agreement to which it is a party.

 

(c) Parent shall have changed its name
to “Token Communities Limited.” and made the requisite filings with the State of Delaware and with each Authority
necessary to effect such name change.

 

(d) Parent shall change its fiscal year
to end as of December 31st if it not already such date

 

ARTICLE IX

INDEMNIFICATION

 

IX.1 Indemnification of Company.
 Parent (“Parent Indemnifying Party”) hereby agrees to indemnify and hold harmless to the fullest
extent permitted by applicable law the Company, each of its Affiliates and each of its and their respective members, managers,
partners, directors, officers, employees, stockholders, attorneys and agents and permitted assignees (each a “Company Indemnified
Party”), against and in respect of any and all out-of-pocket loss, cost, payments, demand, penalty, forfeiture, expense,
liability, judgment, deficiency or damage, and diminution in value or claim (including actual costs of investigation and attorneys’ fees
and other costs and expenses) (all of the foregoing collectively, “Losses”) incurred or sustained by any
Company Indemnified Party as a result of or in connection with (a) any breach, inaccuracy or nonfulfillment or the alleged breach,
inaccuracy or nonfulfillment of any of the representations, warranties, covenants and agreements of the Parent contained herein
or in any of the Additional Agreements or any certificate or other writing delivered pursuant hereto, (b) any Actions by any third
parties with respect to the Parent (including breach of contract claims, violations of warranties, trademark infringement, privacy
violations, torts or consumer complaints) for any period on or prior to the Closing Date.

 

IX.2 Indemnification of Parent.
 The Company (“Company Indemnifying Party”) hereby agrees to indemnify and hold harmless to the fullest
extent permitted by applicable law the Parent, each of its Affiliates and each of its and their respective officers, directors,
employees, stockholders, attorneys and agents and permitted assignees (each a “Parent Indemnified Party”), against
and in respect of any and all out-of-pocket loss, cost, payments, demand, penalty, forfeiture, expense, liability, judgment, deficiency
or damage, and diminution in value or claim (including actual costs of investigation and attorneys’ fees and other costs
and expenses) (all of the foregoing collectively, “Losses”) incurred or sustained by any Parent Indemnified
Party as a result of or in connection with (a) any breach, inaccuracy or nonfulfillment or the alleged breach, inaccuracy or nonfulfillment
of any of the representations, warranties, covenants and agreements of the Company contained herein or in any of the Additional
Agreements or any certificate or other writing delivered pursuant hereto, (b) any Actions by any third parties with respect to
the Company (including breach of contract claims, violations of warranties, trademark infringement, privacy violations, torts or
consumer complaints) for any period on or prior to the Closing Date.

 

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IX.3 Procedure.  The following
shall apply with respect to all claims by a Parent Indemnified Party or Company Indemnified Party for indemnification:

 

(a) An indemnified party shall give the
indemnifying party prompt notice (an “Indemnification Notice”) of any third-party Action with respect to
which such indemnified party seeks indemnification pursuant to Section 9.1 (a “Third-Party Claim”), which
shall describe in reasonable detail the Loss that has been or may be suffered by the indemnified party.  The failure to give
the Indemnification Notice shall not impair any of the rights or benefits of such indemnified party under Section 9.1, except to
the extent such failure materially and adversely affects the ability of the Indemnifying Party to defend such claim or increases
the amount of such liability.

 

(b) In the case of any Third-Party Claims
as to which indemnification is sought by any indemnified party, such indemnified party shall be entitled, at the sole expense and
liability of the Indemnifying Party, to exercise full control of the defense, compromise or settlement of any Third-Party Claim
unless the Indemnifying Party, within a reasonable time after the giving of an Indemnification Notice by the indemnified party
(but in any event within ten (10) days thereafter), shall (i) deliver a written confirmation to such indemnified party that the
indemnification provisions of Section 9.1 are applicable to such Action and the Indemnifying Party will indemnify such indemnified
party in respect of such Action pursuant to the terms of Section 8.1 and, notwithstanding anything to the contrary, shall do so
without asserting any challenge, defense, limitation on the Indemnifying Party’s liability for Losses, counterclaim or offset,
(ii) notify such indemnified party in writing of the intention of the indemnifying party to assume the defense thereof, and (iii)
retain legal counsel reasonably satisfactory to such indemnified party to conduct the defense of such Third-Party Claim.

 

(c) If the indemnifying party assumes the
defense of any such Third-Party Claim pursuant to Section 9.2(b), then the indemnified party shall cooperate with the indemnifying
party in any manner reasonably requested in connection with the defense, and the indemnified party shall have the right to be kept
fully informed by the indemnifying party and their legal counsel with respect to the status of any legal proceedings, to the extent
not inconsistent with the preservation of attorney-client or work product privilege.  If the indemnifying party so assumes
the defense of any such Third-Party Claim, the indemnified party shall have the right to employ separate counsel and to participate
in (but not control) the defense, compromise, or settlement thereof, but the fees and expenses of such counsel employed by the
indemnified party shall be at the expense of such indemnified party unless (i) the indemnifying party has agreed to pay such fees
and expenses, or (ii) the named parties to any such Third-Party Claim (including any impleaded parties) include an indemnified
party and the indemnifying party and the indemnified party shall have been advised by its counsel that there may be a conflict
of interest between such indemnified party and the indemnifying party in the conduct of the defense thereof, and in any such case
the reasonable fees and expenses of such separate counsel shall be borne by the indemnifying party.

 

(d) If the indemnifying party elects to
assume the defense of any Third-Party Claim pursuant to Section 9.2(b), the indemnified party shall not pay, or permit to be paid,
any part of any claim or demand arising from such asserted liability unless the indemnifying party withdraws from or fails to vigorously
prosecute the defense of such asserted liability, or unless a judgment is entered against the indemnified party for such liability.
 If the indemnifying party does not elect to defend, or if, after commencing or undertaking any such defense, the indemnifying
party fails to adequately prosecute or withdraw such defense, the indemnified party shall have the right to undertake the defense
or settlement thereof, at the indemnifying party’s expense.  Notwithstanding anything to the contrary, the indemnifying
party shall not be entitled to control, but may participate in, and the indemnified party (at the expense of the Indemnifying Parties)
shall be entitled to have sole control over, the defense or settlement of (x) that part of any Third Party Claim (i) that seeks
a temporary restraining order, a preliminary or permanent injunction or specific performance against the indemnified party, or
(ii) to the extent such Third Party Claim involves criminal allegations against the indemnified party or (y) the entire Third Party
Claim if such Third Party Claim would impose liability on the part of the indemnified party.  In the event the indemnified
party retains control of the Third-Party Claim, the indemnified party will not settle the subject claim without the prior written
consent of the indemnifying party, which consent will not be unreasonably withheld or delayed.

 

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(e) If the indemnified party undertakes
the defense of any such Third-Party Claim pursuant to this Section 9.2 and proposes to settle the same prior to a final judgment
thereon or to forgo appeal with respect thereto, then the indemnified party shall give the indemnifying party prompt written notice
thereof and the indemnifying party shall have the right to participate in the settlement, assume or reassume the defense thereof
or prosecute such appeal, in each case at the indemnifying party’s expense.  The indemnifying party shall not, without
the prior written consent of such indemnified party settle or compromise or consent to entry of any judgment with respect to any
such Third-Party Claim (i) in which any relief other than the payment of money damages is or may be sought against such indemnified
party, (ii) in which such Third Party Claim could be reasonably expected to impose or create a monetary liability on the part of
the indemnified party (such as an increase in the indemnified party’s income Tax) other than the monetary claim of the third
party in such Third-Party Claim being paid pursuant to such settlement or judgment, or (iii) which does not include as an unconditional
term thereof the giving by the claimant, person conducting such investigation or initiating such hearing, plaintiff or petitioner
to such indemnified party of a release from all liability with respect to such Third-Party Claim and all other Actions (known or
unknown) arising or which might arise out of the same facts.

 

IX.4 Periodic Payments.  Any
indemnification required by Section 9.1 for costs, disbursements, or expenses of any indemnified party in connection with investigating,
preparing to defend or defending any Action shall be made by periodic payments by the indemnifying party to each indemnified party
during the course of the investigation or defense, as and when bills are received, or costs, disbursements or expenses are incurred.

 

IX.5 Insurance.  Any indemnification
payments hereunder shall consider any insurance proceeds or other third-party reimbursement received.

 

ARTICLE X

DISPUTE RESOLUTION

 

X.1 Arbitration.

 

(a) The parties shall promptly submit any
dispute, claim, or controversy arising out of or relating to this Agreement, or any Additional Agreement (including with respect
to the meaning, effect, validity, termination, interpretation, performance, or enforcement of this Agreement or any Additional
Agreement) or any alleged breach thereof (including any action in tort, contract, equity, or otherwise), to binding arbitration
before one arbitrator (the “Arbitrator”).  Binding arbitration shall be the sole means of resolving
any dispute, claim, or controversy arising out of or relating to this Agreement or any Additional Agreement (including with respect
to the meaning, effect, validity, termination, interpretation, performance or enforcement of this Agreement or any Additional Agreement)
or any alleged breach thereof (including any claim in tort, contract, equity, or otherwise).

 

(b) If the parties cannot agree upon the
Arbitrator, the Arbitrator shall be selected upon the a short list of Arbitrators at the written request of either side.  

 

(c) The laws of the State of Delaware shall
apply to any arbitration hereunder.  In any arbitration, hereunder, this Agreement and any agreement contemplated hereby shall
be governed by the laws of the State of Delaware applicable to a contract negotiated, signed, and wholly to be performed in the
State of Delaware, which laws the Arbitrator shall apply in rendering his decision.  The Arbitrator shall issue a written
decision, setting forth findings of fact and conclusions of Arbitration, though the Arbitrator shall have no authority to award
punitive or other exemplary damages.

 

    24

     

    

 

(d) The arbitration shall be held in Delaware
in accordance with and under the then-current provisions of the rules of the American Arbitration Association, except as otherwise
provided herein.

 

(e) The Arbitrator may, at his discretion
and at the expense of the party who will bear the cost of the arbitration, employ experts to assist him in his determinations.

 

(f) The costs of the arbitration proceeding
and any proceeding in court to confirm any arbitration award or to obtain relief, as applicable (including actual attorneys’ fees
and costs), shall be borne by the unsuccessful party and shall be awarded as part of the Arbitrator’s decision, unless the
Arbitrator shall otherwise allocate such costs in such decision.  The determination of the Arbitrator shall be final and binding
upon the parties and not subject to appeal.

 

(g) Any judgment upon any award rendered
by the Arbitrator may be entered in and enforced by any court of competent jurisdiction.  The parties expressly consent to
the non-exclusive jurisdiction of the courts (Federal and state) in State of Delaware to enforce any award of the Arbitrator or
to render any provisional, temporary, or injunctive relief in connection with or in aid of the Arbitration.  The parties expressly
consent to the personal and subject matter jurisdiction of the Arbitrator to arbitrate any and all matters to be submitted to arbitration
hereunder.  None of the parties hereto shall challenge any arbitration hereunder on the grounds that any party necessary to
such arbitration (including the parties hereto) shall have been absent from such arbitration for any reason, including that such
party shall have been the subject of any bankruptcy, reorganization, or insolvency proceeding.

 

(h) The parties shall indemnify the Arbitrator
and any experts employed by the Arbitrator and hold them harmless from and against any claim or demand arising out of any arbitration
under this Agreement or any agreement contemplated hereby, unless resulting from the gross negligence or willful misconduct of
the person indemnified.

 

(i) This arbitration section shall survive
the termination of this Agreement and any agreement contemplated hereby.

 

X.2 Waiver of Jury Trial; Exemplary
Damages.

 

(a) THE PARTIES TO THIS AGREEMENT HEREBY
KNOWINGLY, VOLUNTARILY AND IRREVOCABLY WAIVE ANY RIGHT EACH SUCH PARTY MAY HAVE TO TRIAL BY JURY IN ANY ACTION OF ANY KIND OR NATURE,
IN ANY COURT IN WHICH AN ACTION MAY BE COMMENCED, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY ADDITIONAL AGREEMENT,
OR BY REASON OF ANY OTHER CAUSE OR DISPUTE WHATSOEVER BETWEEN OR AMONG ANY OF THE PARTIES TO THIS AGREEMENT OF ANY KIND OR NATURE.
 NO PARTY SHALL BE AWARDED PUNITIVE OR OTHER EXEMPLARY DAMAGES RESPECTING ANY DISPUTE ARISING UNDER THIS AGREEMENT OR ANY
ADDITIONAL AGREEMENT.

 

(b) Each of the parties to this Agreement
acknowledge that each has been represented in connection with the signing of this waiver by independent legal counsel selected
by the respective party and that such party has discussed the legal consequences and import of this waiver with legal counsel.
 Each of the parties to this Agreement further acknowledge that each has read and understands the meaning of this waiver and
grants this waiver knowingly, voluntarily, without duress and only after consideration of the consequences of this waiver with
legal counsel.

 

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ARTICLE XI

TERMINATION

 

XI.1 Termination Without Default;
Expenses.  In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30, 2018
(the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company,
on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have
the right, at its sole option, to terminate this Agreement without liability to the other side.  Such right may be exercised
by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date.  In
the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection
with this Agreement.

 

XI.2 Termination Upon Default.

 

(a) Parent may terminate this Agreement
by giving notice to the Target Company on or prior to the Closing Date, without prejudice to any rights or obligations Parent may
have, if the Company or any Member shall have materially breached any representation or warranty or breached any agreement or covenant
contained herein or in any Additional Agreement to be performed on or prior to the Closing Date and such breach shall not be cured
by the earlier of the Outside Closing Date and fifteen (15) days following receipt by the Company of a notice describing in reasonable
detail the nature of such breach.

 

(b) The Target Company may terminate this
Agreement by giving notice to Parent, without prejudice to any rights or obligations the Company or Members may have, if Parent
shall have materially breached any of its covenants, agreements, representations, and warranties contained herein to be performed
on or prior to the Closing Date and such breach shall not be cured by the earlier of the Outside Closing Date and fifteen (15)
days following receipt by Parent of a notice describing in reasonable detail the nature of such breach.

 

XI.3 Survival.  The provisions
of Articles IX, XI and XII, as well as Section 6.2, shall survive any termination hereof pursuant to Article XI.

 

ARTICLE XII

MISCELLANEOUS

 

XII.1 Notices.  Any notice
hereunder shall be sent in writing, addressed as specified below, and shall be deemed given: (a) if by hand or recognized courier
service, by 4:00PM on a Business Day, addressee’s day and time, on the date of delivery, and otherwise on the first business
day after such delivery; (b) if by fax or email, on the date that transmission is confirmed electronically, if by 4:00 PM on a
Business Day, addressee’s day and time, and otherwise on the first Business Day after the date of such confirmation; or (c)
five (5) days after mailing by certified or registered mail, return receipt requested.  Notices shall be addressed to the
respective parties as follows (excluding telephone numbers, which are for convenience only), or to such other address as a party
shall specify to the others in accordance with these notice provisions:

 

If to Parent Company:

 

Token Communities Limited (formerly Extract
Pharmaceuticals Inc.)

Attention Peter Maddocks President

E mail petermaddocks@btinternet.com

 

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with a copy to (which
shall not constitute notice):

 

Law Offices of David E. Price, PC

#3 Bethesda Metro Center

Suite 700

Bethesda, Maryland 20814

E mail David@TopTier.eu

 

if to Target Company:

 

Token Communities PLC

Euro Port P.0 Box 362 Gibraltar

Attention Alex Lightman Chief Financial
Officer

E mail al@tokencommunities.com

 

And for the Attention of

Steven Knight, Chairman

E mail sk@tokencommunities.com

 

XII.2 Amendments; No Waivers; Remedies.

 

(a) This Agreement cannot be amended, except
by a writing signed by each party, and cannot be terminated orally or by course of conduct.  No provision hereof can be waived,
except by a writing signed by the party against whom such waiver is to be enforced, and any such waiver shall apply only in the
particular instance in which such waiver shall have been given.

 

(b) Neither any failure or delay in exercising
any right or remedy hereunder or in requiring satisfaction of any condition herein nor any course of dealing shall constitute a
waiver of or prevent any party from enforcing any right or remedy or from requiring satisfaction of any condition.  No notice
to or demand on a party waives or otherwise affects any obligation of that party or impairs any right of the party giving such
notice or making such demand, including any right to take any action without notice or demand not otherwise required by this Agreement.
 No exercise of any right or remedy with respect to a breach of this Agreement shall preclude exercise of any other right
or remedy, as appropriate to make the aggrieved party whole with respect to such breach, or subsequent exercise of any right or
remedy with respect to any other breach.

 

(c) Except as otherwise expressly provided
herein, no statement herein of any right or remedy shall impair any other right or remedy stated herein or that otherwise may be
available.

 

(d) Notwithstanding anything else contained
herein, neither shall any party seek, nor shall any party be liable for, punitive or exemplary damages, under any tort, contract,
equity, or other legal theory, with respect to any breach (or alleged breach) of this Agreement or any provision hereof or any
matter otherwise relating hereto or arising in connection herewith.

 

XII.3 Arm’s Length Bargaining;
No Presumption Against Drafter.  This Agreement has been negotiated at arm’s-length by parties of equal bargaining
strength, each represented by counsel or having had but declined the opportunity to be represented by counsel and having participated
in the drafting of this Agreement.  This Agreement creates no fiduciary or other special relationship between the parties,
and no such relationship otherwise exists.  No presumption in favor of or against any party in the construction or interpretation
of this Agreement or any provision hereof shall be made based upon which Person might have drafted this Agreement or such provision.

 

    27

     

    

 

XII.4 Publicity.  Except
as required by law, the parties agree that neither they nor their agents shall issue any press release or make any other public
disclosure concerning the transactions contemplated hereunder without the prior approval of the other party hereto.

 

XII.5 Expenses.  Except as
otherwise expressly set forth herein, all costs and expenses incurred in connection with this Agreement and the transactions contemplated
hereby shall be paid by the party incurring such cost or expense.

 

XII.6 No Assignment or Delegation.
 No party may assign any right or delegate any obligation hereunder, including by merger, consolidation, operation of law,
or otherwise, without the written consent of the other party.  Any purported assignment or delegation without such consent
shall be void, in addition to constituting a material breach of this Agreement.

 

XII.7 Governing Law.  This
Agreement shall be construed in accordance with and governed by the laws of the State of Delaware, without giving effect to the
conflict of laws principles thereof.

 

XII.8 Counterparts; facsimile signatures.
 This Agreement may be executed in counterparts, each of which shall constitute an original, but all of which shall constitute
one agreement.  This Agreement shall become effective upon delivery to each party of an executed counterpart or the earlier
delivery to each party of original, photocopied, or electronically transmitted signature pages that together (but need not individually)
bear the signatures of all other parties.

 

XII.9 Entire Agreement.  This
Agreement together with the Additional Agreements, sets forth the entire agreement of the parties with respect to the subject matter
hereof and thereof and supersedes all prior and contemporaneous understandings and agreements related thereto (whether written
or oral), all of which are merged herein.  No provision of this Agreement or any Additional Agreement may be explained or
qualified by any agreement, negotiations, understanding, discussion, conduct or course of conduct or by any trade usage.  Except
as otherwise expressly stated herein or any Additional Agreement, there is no condition precedent to the effectiveness of any provision
hereof or thereof.  No party has relied on any representation from, or warranty or agreement of, any person in entering into
this Agreement, prior hereto or contemporaneous herewith or any Additional Agreement, except those expressly stated herein or therein.

 

XII.10 Severability.  A
determination by a court or other legal authority that any provision that is not of the essence of this Agreement is legally invalid
shall not affect the validity or enforceability of any other provision hereof.  The parties shall cooperate in good faith
to substitute (or cause such court or other legal authority to substitute) for any provision so held to be invalid a valid provision,
as alike in substance to such invalid provision as is lawful.

 

XII.11 Construction of Certain
Terms and References; Captions.  In this Agreement:

 

(a) References to sections and subsections,
schedules, and exhibits not otherwise specified are cross-references to sections and subsections, schedules, and exhibits of this
Agreement.

 

(b) The words “herein,” “hereof,” “hereunder,” and
words of similar import refer to this Agreement and not to any provision of this Agreement, and, unless the context requires otherwise, “party” means
a party signatory hereto.

 

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(c) Any use of the singular or plural,
or the masculine, feminine, or neuter gender, includes the others, unless the context otherwise requires; “including” means “including
without limitation;” “or” means “and/or;” “any” means “any
one, more than one, or all;” and, unless otherwise specified, any financial or accounting term has the meaning of the
term under United States generally accepted accounting principles as consistently applied heretofore by the Company.

 

(d) Unless otherwise specified, any reference
to any agreement (including this Agreement), instrument, or other document includes all schedules, exhibits, or other attachments
referred to therein, and any reference to a statute or other law includes any rule, regulation, ordinance, or the like promulgated
thereunder, in each case, as amended, restated, supplemented, or otherwise modified from time to time.  Any reference to a
numbered schedule means the same-numbered section of the disclosure schedule.

 

(e) If any action is required to be taken
or notice is required to be given within a specified number of days following a specific date or event, the day of such date or
event is not counted in determining the last day for such action or notice.  If any action is required to be taken or notice
is required to be given on or before a day which is not a Business Day, such action or notice shall be considered timely if it
is taken or given on or before the next Business Day.

 

(f) Captions are not a part of this Agreement,
but are included for convenience, only.

 

(g) For the avoidance of any doubt, all
references in this Agreement to “the knowledge or best knowledge of the Company” or similar terms shall be
deemed to include the actual or constructive (e.g., implied by Law) knowledge of the Manager of the Company.

 

XII.12 Further Assurances.
 Each party shall execute and deliver such documents and take such action, as may reasonably be considered within the scope
of such party’s obligations hereunder, necessary to effectuate the transactions contemplated by this Agreement.

 

XII.13 Third Party Beneficiaries.
 Neither this Agreement nor any provision hereof confers any benefit or right upon or may be enforced by any Person not a
signatory hereto.

 

[signature pages follow]

 

    29

     

    

 

IN WITNESS WHEREOF,
the Parent, the Company, and the Acquisition Subsidiary have caused this Agreement to be duly executed by their respective authorized
officers as of the day and year first above written.

 

	PARENT COMPANY:	 
	 	 
	Token Communities Limited 

(formerly Extract Pharmaceuticals Inc.)	 
	 	 
	By:	 	 
	Name    	Peter E Maddocks	 
	Title 	President	 
	 	 	 
	TARGET COMPANY:	 
	 	 
	Token Communities PLC:	 
	 	 
	By:	 	 
	Name: 	Alexander Lightman	 
	Title: 	Chief Executive Officer	 
	 	 	 
	SEE ** Capitalization Table Showing all shareholding in the Parent Company on Completion

 

    30

     

    

 

SCHEDULE I SHARES AND PARENT COMMON
STOCK TO BE EXCHANGED

 

	Shareholders	 	Target Company Ordinary Shares	 	Parent Company Shares of 

Common Stock to be delivered 

to the Shareholder in exchange 

for their Shares1
	Forward Thinking LLC	 	330,000,000	 	81,000,000 Equal to 30 % of the total issued and outstanding Common shares at closing  
	Carasol Group Limited	 	112,500,000	 	60,750,000 Equal to 22.5% of the total issued and outstanding Common shares at closing 
	Capital Invest Limited	 	50,000,000	 	27,000,000 Equal to 10 % of the total issued and outstanding Common shares at closing
	“WITL Limited”	 	7,500,000	 	4,050,000 Equal to 1.5 % of the total issued and outstanding Common Shares
	Other Shareholders of Parent	 	 	 	EXISTING SHAREHOLERS POST CLOSING
	Golden Square Equity Partners Limited	 	N/A	 	56,514,00 equal to 20.9 % of the total issued and outstanding Common Shares
	Trends Investments Inc.	 	N/A	 	13,230 equal to 4.9 % of the total issued and outstanding common shares.
	Other Public Holders	 	N/A	 	27,456,000 equal to 10.17 % of the total issued and outstanding common shares.
	 	 	 	 	 
	TOTAL AS OF CLOSING DATE	 	500,000,000	 	270,000,000

 

    31

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