SEC Contract Filing

Filing Date: 2021-11-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>fourth_ex1006.htm
<DESCRIPTION>FORM OF NOTE CONVERSION AGREEMENT
<TEXT>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.4pt 0pt 0.5pt; text-align: left; text-indent: -0.5pt">Exhibit 10.6</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4pt 0pt 0.5pt; text-align: center; text-indent: -0.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4pt 0pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>FORM OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4pt 0pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>NOTE CONVERSION
AGREEMENT </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.4pt 0pt 0.5pt; text-align: center; text-indent: -0.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS
NOTE CONVERSION AGREEMENT (the &ldquo;<B><I>Agreement</I></B>&rdquo;) <FONT STYLE="color: #070709">is </FONT><FONT STYLE="color: #000002">m</FONT><FONT STYLE="color: #070709">ad</FONT><FONT STYLE="color: #242429">e
as o</FONT><FONT STYLE="color: #47474C">f </FONT>__________, 2021 by and between <FONT STYLE="font-size: 10pt">Fourth Wave Energy, Inc.,
a Nevada corporation (the &ldquo;<B>Company</B></FONT>&rdquo;), and ___________________ (the &ldquo;<B><I>Holder</I></B>&rdquo;). The
Company and Holder are hereinafter each called a &ldquo;<B><I>Party</I></B>&rdquo; and together, the &ldquo;<B><I>Parties</I></B>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.65pt 0pt 0; text-align: justify; text-indent: -0.5pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.2pt 0pt 0; text-align: center">RECITALS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.2pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Holder <FONT STYLE="color: #000002">is the owner of that certain Promissory
Note of the Company dated </FONT>_________________ <FONT STYLE="color: #000002">in the original principal amount of ___________(the &ldquo;<B><I>Note</I></B>&rdquo;).
</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">B.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>The <FONT STYLE="color: #000002">Company
expects to execute a definitive merger agreement with </FONT>EdgeMode, Inc., a Wyoming corporation (&ldquo;<B>EdgeMode</B>&rdquo;)
on or before December 31, 2021 (the &ldquo;<B>Signing Date Deadline</B>&rdquo;) and to complete and close the merger contemplated
thereby (the &ldquo;<B>Merger</B>&rdquo;) on or before January 31, 2022 (the &ldquo;<B>Closing Date Deadline</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25pt 0pt 0.5in; text-align: justify; text-indent: -0.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">C.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Subject to the Company&rsquo;s satisfaction of the Signing Date Deadline and the Closing Date Deadline, Holder has agreed to convert
the Note, in accordance with the terms hereof, no later than the closing date for the merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25pt 0pt 0.5in; text-align: justify; text-indent: -0.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 2in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the foregoing and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and
Holder agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.65pt 0pt 0; text-align: justify; text-indent: 0.5in">1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Conversion</U>. Subject to the Company&rsquo;s satisfaction of the Signing Date Deadline and the Closing Date Deadline, Holder
hereby agrees to convert the principal amount outstanding on the Note and all accrued interest due thereunder into common stock of the
Company (the &ldquo;<B><I>Conversion Shares</I></B>&rdquo;) on or before the closing date of the Merger in accordance with the conversion
terms of the Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.65pt 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.65pt 0pt 0; text-align: justify; text-indent: 0.5in">2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n