SEC Contract Filing

Filing Date: 2021-03-23

Document Content:
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<TYPE>EX-10.26
<SEQUENCE>5
<FILENAME>ex10-26.htm
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Exhibit 10.26</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BLUE
CITI NOTES SETTLEMENT AGREEMENT</B></FONT></P>

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<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>PARTIES</U></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THIS
BLUE CITI NOTES SETTLEMENT AGREEMENT </B>(the &ldquo;<U>Agreement</U>&rdquo;) is entered into as of the 8<SUP>th</SUP> day of
February, 2021 (the &ldquo;<U>Effective Date</U>&rdquo;), by and between BLUE CITI LLC, a New York limited liability company (&ldquo;<U>Blue
Citi</U>&rdquo;); <B><U>and</U></B>, DATA443 RISK MITIGATION, INC., a Nevada corporation (&ldquo;<U>Data443</U>&rdquo;). Data443
and Blue Citi are sometimes referred to collectively herein as the &ldquo;<U>Parties</U>&rdquo;, and each individually as a &ldquo;<U>Party</U>&rdquo;.</FONT></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">II</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>RECITALS</U></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.
</B>Data443 previously issued in favor of Blue Citi the following convertible promissory notes, collectively referred to herein
as the &ldquo;<U>Convertible Notes</U>&rdquo;:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
Convertible note in the original principal amount of Two Hundred Thousand Dollars ($200,000) issued on 08 January 2020 (the &ldquo;<U>Credit
Line Note</U>&rdquo;);</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
Convertible note in the original principal amount of Twenty Five Thousand Dollars ($25,000) issued on 01 July 2020 (the &ldquo;<U>Penalty
Note</U>&rdquo;);</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
Convertible note in the original principal amount of One Hundred Fifty Thousand Dollars ($150,000) issued on 01 July 2020 (the
&ldquo;<U>July $150K Note</U>&rdquo;);</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)
Convertible note in the original principal amount of Two Hundred Thousand Dollars ($200,000) issued on 03 August 2020 (the &ldquo;<U>August
$200K Note</U>&rdquo;);</FONT></P>

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