附件10.2

证据A。

本资产购买协议的配售代理 是EF Hutton，BENCHMARK投资有限责任公司的一个部门，是在美国资产交易委员会注册的经纪商 ，是FINRA的成员

本票据包含 承认判决条款的保证书，该保证书构成借款人可能拥有的重要权利的放弃，并允许投资人 获得对借款人的判决，而无需任何进一步通知。

如果发生部分兑换或兑换，本票据不要求实际交付 票据。如果 部分兑换或兑换，本票据不要求实际交付票据。本证书所代表的财产的发行或出售，以及这些财产可转换为的财产 均未根据经修订的1933年财产法或适用的州财产法进行登记。（I）在（A）根据经修订的1933年《财产法》（A）对财产的登记声明 ，或（B）顾问意见的情况下，不得出售、出售、转让或转让财产（顾问由持有人选择），以普遍接受的形式，根据上述法案或（II）不要求注册，除非根据上述法案或其他适用豁免的规则144、规则 S或规则144A出售。除上述规定外，本公司可与本公司担保的BONA MADE MAGIN ACTION或其他贷款或融资安排有关。

$4，000，000可转换承诺票据

发行日期：2023年11月_

对于收到的价值， GROM社会福利有限公司，佛罗里达州一家公司（以下简称"借款人“或”公司"） （交易代码：GROM），其主要办事处位于2060 NW博卡拉顿，套房#6，博卡拉顿，佛罗里达州33431，特此承诺支付给发电阿尔法有限公司，圣基茨和尼维斯公司，或其受让人或利益继承人 （以下简称"持有人"或"持有人"），在未经要求的情况下，订购本金总额为400万美元（4，000，000美元） （以下简称"本金金额”), together with Guaranteed interest (the “Interest”) on the Principal balance hereof in the amount of nine percent (9) (the “Interest Rate”) per calendar year from the date hereof (the “Issue Date”). This Note is issued pursuant to that certain Securities Purchase Agreement dated as of November __, 2023, as the same may be amended from time to time, by and between Borrower and Lender (the “Purchase Agreement”). All Interest calculations hereunder shall be computed on the basis of a 360-day year comprised of twelve (12) thirty (30) day months, shall compound daily and shall be payable in accordance with the terms of this Note. This Note is free from all taxes, liens, claims and encumbrance with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of the shareholders of the Borrower and will not impose personal liability upon the Holder. It is further acknowledged and agreed that the Principal Amount owed by Borrower under this Note shall be increased by the amount of all reasonable and documented expenses incurred by the Holder relating to the conversion of this Note into shares of Common Stock. All such expenses shall be deemed added to the Principal Amount hereunder to the extent such expenses are paid by the Holder. The placement agent for this investment is Benchmark Investments, LLC, a broker dealer registered with the SEC and is a member of FINRA. $4,000,000 will be do upon shareholder approval (“Shareholder Approval”) and the second Note for the Second Closing of $4,000,000 will be due as set forth in the Purchase Agreement. Capitalized terms not defined in the text of this Note or the Purchase Agreement shall have the meanings ascribed to them in Exhibit A.

本票据不受与发行票据有关的所有税项、留置权、申索及产权负担的影响，亦不受借款人股东的优先购买权或其他类似权利的约束，亦不会向持有人施加个人责任。

第一条—转换权和某些公约

持有人应有权随时 将本票据项下的未偿还本金全部或部分转换为 普通股。票据的未偿还余额连同所有未付利息以及本协议项下的任何其他应付款项 ，或其中先前未转换为公司普通股的部分（"普通股 股票”）（如有），应于到期日全额支付。如果借款人未能消除 适用法律或对借款人或其任何证券具有管辖权的任何证券交易所、交易商间报价系统或其他自律组织 对借款人或其任何证券具有管辖权的规则或条例下的任何禁令，以代替 转换本票据的任何权利，则这将被视为本票据项下的违约事件。持有人应有权将未偿还 余额连同本票据的所有应计未付利息转换为借款人普通股股份，如下所述。

(a) Conversion Price. The conversion price for each conversion shall be $1.50. The Lender may choose the Alternate Conversion Price equal to 85% of the average of the three lowest Trading Prices (as defined below) during the previous ten (10) Trading Day period ending on the latest complete Trading Day prior to Notice of Conversion (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions, similar events and Conversion Adjustments as set forth in this Note) as reported on the Nasdaq, OTCQB or applicable trading market or as reported by a reliable reporting service (“Reporting Service”) designated by the Holder or as reported on the principal securities exchange or trading market where such security is listed or traded. In the event the Company receives a Notice of Conversion that elects the Alternate Conversion Price, the Company may, at its option, elect to satisfy its obligation under such conversion with payment in cash in an amount equal to 110% of the conversion amount. Once the registration statement is effective, Company shall provide standing instructions to the Holder on whether Company will be electing the cash payment over conversion so as to avoid unnecessary time and expense for Holder in prepare all documentation necessary for a conversion. Company may change their standing instructions by providing 60 days notice to the Holder. To the extent the Conversion Price of the Borrower’s Common Stock closes below the par value per share, the Borrower will take all steps necessary to solicit the consent of the stockholders to reduce the par value to the lowest value possible under law. At any time after the note is funded, if in the case that the Borrower’s Common Stock is not deliverable by DWAC (including if the Borrower’s transfer agent has a policy prohibiting or limiting delivery of shares of the Borrower’s Common Stock specified in a Notice of Conversion), an additional 10% discount will apply for all future conversions under all Notes. If in the case that the Borrower’s Common Stock is “chilled” for deposit into the DTC system and only eligible for clearing deposit, an additional 15% discount shall apply for all future conversions under all Note. If in the case of both of the above, an additional cumulative 25% discount shall apply. Additionally, if the Borrower ceases to be a reporting company pursuant to the 1934 Act or if the Note cannot be converted into free trading shares after one hundred eighty-one (181) days from the Issue Date, an additional 15% discount will be attributed to the Conversion Price. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock is tradable for any period on the OTC Pink, OTCQB or on the principal securities exchange or other securities market on which the Common Stock is then being traded. The Borrower shall be responsible for the fees of its transfer agent and all DTC fees associated with any such issuance. In the event of any dispute or discrepancy, the records of the Holder shall be controlling and determinative in the absence of manifest error. 如果借款人普通股的 股份未在三（3）个工作日内交付给借款人或借款人的 转让代理人，则转换通知可被撤销。 尽管有上述转换价的计算，但如果在 偿还或转换本票据之前，借款人完成了其证券的注册或未注册的首次发行 以筹集资金的目的（“一次发售”），持有人有权酌情决定，（x）要求全额偿还 相当于任何未偿还本金额和利息的金额（包括违约利息），或（y）转换任何未偿还本金额和利息（包括任何违约利息）于该首次发售结束时以相当于（i）换股价和（ii）发行价20%折扣的较低者的换股价将本 票据项下的普通股。借款人应提前不少于十 （10）个工作日向持有人发出通知，通知其预期完成的主要发行，并提供行使其与此相关的转换权的机会 。如果转换价低于每股面值，借款人将采取一切必要步骤 征求股东同意，将面值降低至法律规定的最低值，但借款人 同意兑现在此上调之前提交的所有转换。如果借款人的股票有DTC“冷” ，则在该“冷”生效期间，转换价格将适用10%(10%)的额外折扣。 就本节而言，在确定普通股流通股数量时，持有者可依据(A)公司最近提交给委员会的定期或年度报告(视具体情况而定)中反映的普通股流通股数量。(B)本公司较新的公告或(C)本公司或转让代理较新的书面通知 ，列明已发行普通股的股份数目。应持有人的书面或口头要求，公司应在两个交易日内以口头和书面形式向持有人确认当时已发行的普通股数量。

每次，当本票据尚未偿还时，借款人 都进行了第3（a）（9）条交易（包括但不限于发行新的本票或替换本票），或第3（a）（10）条交易，其中任何3^研发一方有权转换欠该3人的款项^研发 以高于当时(于本附注所有其他适用调整前)生效的换股价格的市价折让(或根据结算或其他方式收取股份)，则换股价应自动调整至该较大的 折让百分比(在本附注所有适用调整前)，直至本附注不再未偿还为止。借款人每次在本票未付期间进行第3(A)(9)条交易(包括但不限于发行新的本票或替换本票)，或第3(A)(10)条交易，其中任何3^研发如果当事人的回顾期间 大于当时票据项下生效的回顾期间，则持有人的回顾期间将自动调整为该较大天数，直到本票据不再未偿还为止。借款人应在需要进行前两句中所述任何调整的事件发生后一(1)个工作日内，向持有人发出书面通知，通知持有人调整后的转换价格和/或调整后的回顾期间(每次调整均因触发事件而适用)。如果公司以低于当时有效的转换价格(每股为“稀释价格”)的每股价格发行任何普通股，转换价格 将受到全面稀释的约束，但持有人有权决定是否使用该稀释价格而不是在相应转换时以其他方式生效的转换价格。 持有人有权从每份转换通知中的转换金额中扣除1,900美元，以支付持有人与每份转换通知相关的保证金。如果在任何时间，根据本协议为 确定的任何转换的转换价格将低于普通股的面值，则持有人可自行决定，本协议中的转换价格可以等于该转换的面值，并且该转换的转换金额可以增加，以包括额外本金， 其中，“额外本金”指在换股金额中加入所需的额外金额，以使该等换股时可发行的换股股份数目与若换股价格没有由持有人调整至面值价格时将会发行的换股股份数目相等。

(b)Adjustment to Conversion Price. At any time after the Issue Date, (i) if in the case that the Borrower’s Common Stock is not deliverable by DWAC (including if the Borrower’s transfer agent has a policy prohibiting or limiting delivery of shares of the Borrower’s Common Stock specified in a Notice of Conversion), (ii) if the Borrower ceases to be a reporting company pursuant or subject to the Exchange Act, (iii) if the Borrower loses a market (including the OTCBB, OTCQB or an equivalent replacement exchange) for its Common Stock, (iv) if the Borrower fails to maintain its status as “DTC Eligible” for any reason, (v) if the Conversion Price is less than or equal to one cent ($0.01) at any time after the thirtieth calendar day after the Issue Date, (vi) if the Note cannot be converted into free trading shares on or after six months from the Issue Date, (vii) if at any time the Borrower does not maintain or replenish the Reserved Amount (as defined herein) within three (3) business days of the request of the Holder, (viii) if the Borrower fails to maintain the listing of the Common Stock on at least one of the OTC Markets or an equivalent replacement exchange, the Nasdaq National Market, the Nasdaq Small Cap Market, the New York Stock Exchange, or the NYSE MKT, (ix) if the Borrower fails to comply with the reporting requirements of the Exchange Act; the reporting requirements necessary to satisfy the availability of Rule 144 to the Holder or its assigns, including but not limited to the timely fulfillment of its filing requirements as a fully-reporting issuer registered with the SEC, the requirements for XBRL filings, the requirements for disclosure of financial statements on its website, (x) if the Borrower effectuates a reverse split of its Common Stock, (xi) if OTC Markets changes the Common Stock of the Borrower or the Borrower’s designation to ‘No Information’ (Stop Sign), ‘Caveat Emptor’ (Skull and Crossbones), or ‘OTC’, ‘Other OTC’ or ‘Grey Market’ (Exclamation Mark Sign) or if it has any notation on the OTC Markets Group website other than “Current Information”, (xii) the restatement of any financial statements filed by the Borrower with the SEC for any date or period from two years prior to the Issue Date of this Note and until this Note is no longer outstanding, if the result of such restatement would, by comparison to the unrestated financial statement, have constituted a material adverse effect on the rights of the Holder with respect to this Note or the Purchase Agreement, (xiii) any cessation of trading of the Common Stock on at least one of the OTC Markets or an equivalent replacement exchange, the Nasdaq National Market, the Nasdaq Small Cap Market, the New York Stock Exchange, or the NYSE MKT, and such cessation of trading shall continue for a period of five consecutive (5) Trading Days, and/or (xiv) the Borrower loses the “bid” price for its Common Stock ($0.0001 on the “Ask” with zero market makers on the “Bid” per Level 2), and/or (xv) if the Holder is notified in writing by the Company or the Company’s transfer agent that the Company does not have the necessary amount of authorized and issuable shares of Common Stock available to satisfy the issuance of Shares pursuant to a Conversion Notice, and/or (xvi) within three business days of the transmittal of the Notice of Conversion, the Common Stock has a closing bid which is lower than that set forth in the Notice of Conversion or if the shares of the Borrower’s Common Stock have not been delivered within three business days, and/or (xvii) the Borrower’s Common Stock is “chilled” for deposit into the DTC system and only eligible for clearing deposit, then the Holder shall be entitled to an additional twenty percent (20%) discount for that conversion and all future conversions, for each occurrence, cumulative or otherwise, to be factored into the Conversion Price until this Note is no longer outstanding and an additional $15,000 of principal shall be added to the Note.

(d)转换. 持有人应有权选择，但不要求将全部或部分票据转换为若干已缴足且不征税的 普通股（"换股股份“)。本协议项下于兑换时可发行的兑换股份数目应由(X)未偿还余额连同本票据应计的所有未付利息除以(Y)兑换价格所得商数厘定。本公司可在任何转换通知送达后的一个营业日内提交反对意见。如果发生任何争议或不符之处，持有人的记录应在没有明显错误的情况下具有控制性和决定性。为实现本协议项下的转换，持有人不应被要求 将本票据实物交还给公司。不需要非墨水原件的转换通知，也不需要任何徽章担保(或任何转换通知的其他类型的担保或公证)。

（b） （e）转换机制。作为影响上述第1.1（b）条所述转换的一个条件，持有人应 适当填写并向公司交付转换通知，其格式作为附件B附于本协议（“转换通知 ”或转换通知”）。转换通知应列明待转换票据的未偿还余额以及所有未付利息，以及转换受影响的日期（该日期，折算日期 “)。如果转换通知中未指定转换日期，则转换日期应为根据本协议视为交付该转换通知 的日期。在及时将转换通知送达借款人后，证明根据本协议转换的票据部分的普通股数量的证书应由公司的转让代理通过存管信托公司的存款 /在托管系统提取(如果公司当时是该系统的参与者)将持有人的经纪账户贷记给持有人，并且(A)有允许将转换股份发行给或转售转换股份的有效登记 声明，持有人或(B)股份有资格由持有人根据规则第144条第144A条、S规则及其他规定，在转换日期(即转换日期后两个交易日)前，以实物交付至转换通知内指定的地址，而不受数量或出售方式的限制。共享交付日期“)。借款人在转换时不会发行零碎股份 或代表零碎股份的股票，但借款人将把股份数量向上舍入到最接近的整数 股份。此外，即使本协议或任何其他交易文件有任何相反规定，如借款人或其转让代理以该等发行违反经修订的1933年证券法(下称“第144条”)下的第144条规则(“第144条”)为由，拒绝向贷款人交付任何兑换股份或无限制性证券传奇的股份，则借款人应将适用的兑换股份交付或 安排其转让代理将适用的兑换股份交付予附有受限证券传奇的贷款人，但须按照本附注的规定作出规定。同时，借款人还应向贷款人提交其律师或其转让代理人的律师的书面解释，说明发行适用的转换股份为何违反第144条。

(F)收费。在本票据转换时向持有人或其任何受让人发行普通股，应不向持有人收取任何与发行该普通股有关的发行费用、转让税、邮资/邮费或任何其他费用。公司应 向持有人支付发行普通股所产生的所有转让代理费，并承认这是本票据的一项重大义务 。

(G)面值调整。如果借款人普通股的转换价格收盘低于每股面值，借款人将采取一切必要步骤 征求股东的同意，将面值降至法律规定的最低值。借款人同意兑现 在此调整之前提交的所有转换，但条件是持有人可凭其唯一和绝对酌情权选择 改为将此类转换的转换价格设置为面值(S)，且此类转换的转换金额(S)应增加 以包括额外本金，其中，“额外本金”指在换股金额中增加的额外金额 ，以使该等换股后可发行的换股股份数目(S)与换股价格没有根据本节设定为面值时将会发行的换股股份数目相等。

(H)撤销转换通知。 如果(I)借款人未能在发出确认转换通知详情的转换通知之日起一个工作日内回复持有人，(Ii)借款人未能在收到转换通知之日起两个工作日内提供转换通知中所要求的借款人普通股的任何股份，(Iii)持有人无法取得因与借款人地位有关的任何 原因而无限制地发行和/或存放借款人普通股以供出售所需的法律意见，(Iv)持有人因任何原因无法存放在转换通知中要求的借款人普通股股票 (V)在错过预期截止日期后的任何时间，由持有人自行决定，(Vi) 如果在转换通知传递后三个工作日内，普通股的收盘价比转换通知中规定的 低5%，或者(Vii)如果场外市场在转换日期的当天或之后将借款人的名称更改为“有限信息”(收益率)、“无信息”(止损标志)、“注意买入者”(骷髅和十字架)、“场外交易”、“其他 场外交易”或“灰色市场”(感叹号)或其他交易限制，然后，持有者保留通过发送撤销通知来撤销转换通知的选择权和唯一裁量权。

1.2绝对交付转换股份的义务；某些补救措施。

(A)绝对义务。 本公司根据本票据的条款在转换时发行和交付兑换股份的义务是绝对和无条件的，无论持有人采取任何行动或不采取任何行动强制执行，对本票据任何条款的任何放弃或同意，对任何人不利的判决或强制执行该判决的任何诉讼的恢复，或任何抵销、反索赔， 补偿、限制或终止，或持有人或任何其他人士违反或被指称违反对本公司的任何责任，或持有人或任何其他人士违反或被指称违反法律，亦不论任何其他可能限制本公司在发行该等换股股份方面对持有人的责任的其他情况。公司应在适当注意到转换后，发行转换股票或现金(如适用)。如果本票据的持有人应根据本票据的条款选择 转换本票据的任何或全部未偿还余额及其应计但未付的利息，则借款人不得基于持有人或与其有关联或关联的任何人违反法律、协议或任何其他原因而拒绝转换，除非已寻求并获得法院的禁令，通知持有人，限制和 或禁止转换本票据的全部或部分，借款人为持有人的利益提交担保保证金，金额为本票据未偿还余额的百分之两百，受强制令的约束，该保证金将一直有效，直到相关纠纷的诉讼结束，其收益应支付给持证人 ，只要其获得判决。在没有强制令的情况下，借款人应在收到适当的转换通知后发行转换股份。本票据项下的所有付款(无论是由借款人或任何其他人支付)或为本票据持有人 的账户而支付的任何款项，均应免费、清晰且不会因美国或其任何政治分区或其税务机关 在本票据上或在其中征收、评估、征收或收取的任何现在和未来的收入、印花、登记和其他 税款、征费、关税、成本和收费，连同由此产生的利息和罚款(如有的话)在本票据上或与本票据有关(该等税项、征费、关税、成本和收费在此统称为“税项”)。借款人无须就本票据以持有人以外的名称(或街道名称)转换发行及交付普通股股份或其他证券或财产所涉及的任何转让而缴交任何税款。此外，借款人 无须发行或交付任何该等股份或其他证券或财产，除非及直至要求发行该等股份或其他证券或财产的人(持有人或为持有人代为持有该等股份的街道名下的托管人除外)已向借款人缴付任何该等税款，或已令借款人信纳已缴付该等税款。

(b) Failure to Deliver Common Stock Prior to Delivery Date. Without in any way limiting the Holder’s right to pursue other remedies, including actual damages and/or equitable relief, the parties to this Note agree that if delivery of the Common Stock issuable upon conversion of this Note is not delivered as required by the Share Delivery Date (a “Conversion Default”), Holder, at any time prior to selling all of those shares, may rescind any portion, in whole or in part, of that particular conversion attributable to the unsold shares and have the rescinded conversion amount returned to the Outstanding Balance with the rescinded conversion shares returned to the Borrower (under Holder’s and Borrower’s expectations that any returned conversion amounts will tack back to the original date of the Note). In addition, for each conversion, in the event that the shares are not delivered as required by this Note by the Share Delivery Date, the Borrower shall pay the “Conversion Default Payment”. Such cash amount shall be paid to the Holder by the fifth day of the month following the month in which it has accrued (the “Conversion Default Payment Due Date”). In the event such cash amount is not received by the Holder by the Conversion Default Payment Due Date, at the option of the Holder (without notice to the Borrower), the Conversion Default Payment shall be added to the Outstanding Balance of this Note and will tack back to the original date of the Note and interest shall accrue thereon in accordance with the terms of this Note. If the Company does not deliver the Conversion Shares underlying this Note from its transfer agent after receipt of a Notice of Conversion within TWO (2) Business days following the period allowed for any objection, the Company shall be responsible for any differential in the value of the converted shares underlying this Note between the value of the closing price on the date the shares should have been delivered and the date the shares are delivered. In addition, if the Company fails to timely (within 72 hours, 3 business days), issue a treasury order to its transfer agent or otherwise cause to be delivered, the Conversion Shares per the instructions of the Holder, free and clear of all legends in legal free trading form, subject to all applicable securities laws, the Company shall allow Holder to add two (2) days to the look-back (the mechanism used to obtain the conversion price along with discount) for each day the Company fails to timely (within 72 hours, 3 business days)) deliver shares, on the next conversion.

(C)删除。

(d)加强结构性改革根据第1.1（b）节确定的转换时将发行的股份或其他证券的数量和种类，应在转换权尚未行使的某些事件发生时不时进行 调整，具体如下：

(e)保留股份。借款人 声明、保证、契约并同意在任何时候授权和保留以下两者中较大者：（a）80，000，000股普通股，或（b）本票据全部转换后实际可发行股份数量的六倍（基于不时生效的转换价 ）（“保留金额”）。最初，公司将指示转让代理人保留持有人名义的80，000，000股普通股，以便在转换后发行。持有人有权让借款人的 过户代理人随时增加股份至等于保留金额，而无需借款人同意。预留金额 应根据需要不时增加，以确保符合本规定。借款人声明、保证和契约 ，并同意在发行后，该等股份将被正式有效发行、全额支付且不应课税。此外，如果借款人 应发行任何证券或对其资本结构作出任何变更，从而改变 本票据可按当时的换股价转换成的普通股股份数量，借款人应同时作出适当的准备，以便 此后应有足够数量的授权和保留普通股股份，不受优先购买权， 的转换。如果发生本节中的任何上述事件，公司将有三个工作日的时间向其转让代理增加准备金，否则将构成违约事件。 本附注中详细说明的预留金额是针对本票据的，它是在其他票据或协议中为持有人预留的任何和所有其他股份之外的。此外，它不会修改或影响之前为持有人预留的任何金额。如果借款人在票据发行60天后的任何时间未能维持本票据全额转换时实际可发行股数的6倍的预留金额，则构成违约事件。在根据本票据或附件C：不可撤销指示的规定为本票据保留适当数量的股份之前，持有者不应被要求为本票据提供资金。 借款人将指示其转让代理向持有人提供与其转换相关的未偿还股份信息。 借款人(I)承认其已不可撤销地指示其转让代理在本票据转换时为可发行普通股发行证书，及(Ii)同意根据本票据的条款及条件，其发行本票据将构成其负责签立股票证书的高级职员及 代理人的全权授权，以签立及发行普通股所需的证书。 尽管有上述规定，在任何情况下，保留金额都不得低于初始保留金额，无论先前有何转换。借款人每次发行可变证券（如本文所定义）时，预留金额将增加两倍。可变证券指借款人发行的任何证券， （i）拥有或可能拥有任何类型的转换权，或有条件的转换权，其中根据该转换权可能发行的股份数量 随普通股的市场价格而变化；（ii）可转换或可能转换为普通股， 包括但不限于可转换债务、认股权证或可转换优先股，转换或行使价格 随普通股市场价格而变化，即使该证券仅在违约事件、 时间流逝或其他触发事件或条件后才可转换或行使；或（iii）已发行或可能在未来发行，以交换或与之相关 任何合约、证券或票据，不论是可转换或票据，如果已发行或将要发行的普通股的股份数量 是基于或以任何方式与普通股的市场价格有关，包括但不限于与第3（a）（9）条交易所或第3（a）（10）条结算有关的普通股，或其他类似的结算或交换。 如果 借款人无法保留全部保留金额（“储备金额失败”），借款人应 立即采取一切必要措施增加其授权股本，以容纳储备金额（“授权股份增加”），包括但不限于，董事会的所有行动和批准，并迅速（但不少于60天 召开股东特别会议，并不少于60天 以寻求授权股份增加之批准。如果股份储备中没有可供使用的股份， 股份可从“公司用途”、“公司用途”或任何类似类型的特殊公司类别中提取。Equiniti Trust Company，LLC或本公司当前的转让代理人在此得到公司授权和指示，根据持有人的要求，向持有人披露公司库中可用的股份数量以及"公司用途"或"公司用途"类别 。

(F)授权股份不足。如果尽管有本附注的其他规定且不限于此，在任何时间，当任何附注仍未发行时，本公司没有 足够数量的授权和非预留普通股来履行其义务，即在转换附注时预留至少相当于所需准备金金额的数量的普通股供发行 (“授权股份失败”"), 则本公司应立即采取一切必要行动，将本公司的法定普通股股份增加至足以使本公司为当时已发行的票据预留所需储备金的金额。在不限制前述句子的一般性的原则下，本公司应于授权股份失效发生之日起，在切实可行范围内尽快，但在任何情况下不得迟于该授权股份失效发生后六十(60)日，本公司须召开股东大会，以批准增加普通股的法定股份数目。就该会议而言，本公司应向每位股东提供一份委托书，并应尽其最大努力征求其股东对本次增发法定普通股的批准，并促使其董事会向股东推荐批准该提议。如果 由于公司未能从已授权但未发行的普通股中获得足够的 股普通股(这种未发行的普通股数量)，公司在任何转换时被禁止发行普通股，"),代替将这样的授权失败股份递送给持有者，公司应支付现金以换取可转换为授权失败股份的该部分转换金额，赎回价格等于(I)(X)授权失败股份数量与(Y)普通股在任何交易日的最大收盘价的乘积 自持有人向本公司交付适用的转换失败股份通知之日起至根据本条 条款发行和付款之日止的任何交易日购买(在公开市场交易或以其他方式)普通股，以满足授权失败股票持有者出售的要求。持有人因此而产生的任何经纪佣金和其他自付费用(如果有的话)。如果借款人在任何时候没有维持预留金额，将被视为本票据项下的违约事件，本票据项下到期的未偿还本金应增加15,000美元。

(G)保留。

(H)按比例折算； 争议。如果与转换本票据有关的可向持有人发行的普通股数量发生争议，公司应向持有人发行不存在争议的普通股数量，并根据第5.18节解决该争议。

(I)删除。

(J)转换时的账簿记项。尽管本文有任何相反规定，在根据本票据的条款转换本票据时，持有人不应被要求 将本票据实际退还给借款人，除非本票据的全部未付本金已如此转换。持有人和借款人应保存记录，显示如此转换的本金金额和转换日期，或使用持有人和借款人合理满意的其他方法，以便在每次转换时不要求实际交还本票据。 如果发生任何争议或不一致，借款人的该等记录应：从表面上看，在没有明显错误的情况下保持控制和决定性。尽管如上所述，如本票据的任何部分按前述方式转换，则持有人不得转让本票据，除非持有人首先将本票据实际交还借款人，借款人随即发行并按持有人的命令交付一张登记为持有人的新票据(在持有人支付任何适用的 转让税后)，相当于本票据剩余未付本金的总额。持有人及任何受让人在接受本票据后，确认并同意，由于本段的规定，在兑换本票据的一部分后，本票据所代表的未付及未兑换本金金额可少于本票据面额 所述的金额。

(J)从收益中偿还。在本票据的任何部分 未偿还期间，如果公司从任何来源或一系列相关或不相关来源收到现金收益，包括但不限于从客户付款，发行股权或债务，转换借款人的未偿还认股权证，根据借款人的股权信用额度发行证券或出售自本票据日期起的资产，则借款人应在借款人收到该等收益的一个工作日内，将该收据通知持有人。此后，持有人有权自行决定要求借款人根据本票据第4.1节可选择赎回权利中的公式，立即动用全部或任何部分该等款项 ，以预付本票据项下的全部或任何部分未偿还款项。借款人未能遵守这一规定应构成违约事件。如果持有者在到期日之前收到此类收益，所需的预付款应符合本协议第1.3条的规定。

1.3某些 事件的影响。(A)基本交易同意权。借款人不得订立或参与基本交易 (定义如下)，除非借款人事先征得持有人的书面同意，方可进行此类基本交易。

(b) Adjustment Due to Fundamental Transactions. If, at any time when this Note is issued and outstanding and prior to conversion of all of this Note, there shall be any Fundamental Transaction that is pre-approved in writing by the Holder pursuant to Section 1.2(a) above, as a result of which shares of Common Stock of the Borrower shall be changed into the same or a different number of shares of another class or classes of stock or securities of the Borrower or another entity, or in case of any sale or conveyance of all or substantially all of the assets of the Borrower other than in connection with a plan of complete liquidation of the Borrower, then the Holder of this Note shall thereafter have the right to receive upon conversion of this Note, upon the basis and upon the terms and conditions specified herein and in lieu of the shares of Common Stock immediately theretofore issuable upon conversion, such stock, securities or assets which the Holder would have been entitled to receive in such transaction had this Note been converted in full immediately prior to such transaction (without regard to any limitations on conversion set forth herein), and in any such case appropriate provisions shall be made with respect to the rights and interests of the Holder of this Note to the end that the provisions hereof (including, without limitation, provisions for adjustment of the Conversion Price and of the number of shares issuable upon conversion of this Note) shall thereafter be applicable, as nearly as may be practicable in relation to any securities or assets thereafter deliverable upon the conversion hereof. The above provisions shall similarly apply to successive Fundamental Transactions.

(c)分布 除豁免发行外，f借款人应宣布或作出其资产（或获取其资产的权利）给 普通股持有人的任何分配，作为股息、股票回购，通过返还资本或其他方式（包括以现金或子公司股本的股份（或获取股份的权利）给借款人的股东（即，衍生产品）） （“分配”），则本票据持有人应有权在记录日期后对本票据进行任何转换，以确定有权获得该分配的股东， ，接收如果持有人是普通股的持有人，就转换时可发行的普通股股份应支付给持有人的此类资产金额 为确定有权获得此类分配的股东而记录日期的股票。

(D)稀释性发行。 如果在本票据发行和发行时的任何时间，借款人发行或出售任何普通股，或根据本条被视为已发行或出售任何普通股，则在紧接稀释性发行后，紧接着进行稀释性发行时，应立即以低于该普通股发行(或视为发行)之日有效的换股价格为每股代价(扣除与此相关的合理费用或佣金、承销折扣或津贴)，换股价将减至借款人在该等稀释发行中所收取的每股代价金额。上述对转换价格的调整应是永久性的(受本节第 项下的额外调整的约束)。如果借款人(或任何子公司)采取本条款严格不适用的任何行为， 或(如果适用)不会保护持有者免受稀释，或者如果发生本节条款 预期的类型但该条款未明确规定的任何事件(包括但不限于授予股票增值权、 影子股权或其他具有股权特征的权利)，则借款人董事会应真诚地决定并 实施适当的转换价格调整，以保护贷款人的权利。但不得根据本节进行任何此类调整，以提高换算价格。

如果借款人以任何方式发行或授予任何认股权证、权利或期权(不包括员工股票期权计划)，以认购或购买普通股或其他可转换为普通股或可交换的证券(“可转换证券”)，则借款人应被视为已发行或出售普通股。购买普通股或可转换证券的权利和期权(以下简称“期权”)，而行使该等期权时普通股可发行的每股价格低于当时有效的转换价格，则转换价格应等于该每股价格。就上一句而言，“普通股在行使该等期权时可发行的每股价格”是通过除以(I)借款人作为发行或授予所有该等期权的对价而收到或应收的总金额，加上在行使所有该等期权时向借款人支付的额外对价的最低总额，再加上在行使该等期权时可发行的可转换证券，转换或交换时应支付的额外对价的最低总额 该等可转换证券首次成为可转换或可交换时，减去(Ii)在行使所有该等购股权时可发行普通股的最高股份总数 (假设可转换证券全部转换，如适用)。在行使该等购股权或转换或交换行使该等购股权而可发行的可转换证券时，将不会在实际发行该等普通股时对换股价作出进一步调整。

此外，如果借款人以任何方式发行或出售任何可转换证券（无论是否可立即转换），且在转换或交换时可发行普通股的每股价格 低于当时生效的转换价，则借款人 应被视为已发行或出售普通股股份。就 上一句而言，"在这种转换或交换时可发行普通股的每股价格"的确定方法是 将（1）借款人作为发行或出售所有该等 可转换证券的代价而收到或应收的总金额（如有），加上额外代价的最低总额（如有），在该可转换证券首次变为可转换或可交换时，在转换 或交换时，应支付给借款人的款项（2）转换或交换所有该可转换证券时可发行的普通股股份的最大总数 。在转换或交换该等可转换证券后实际发行该等普通股时，将不会对转换价格进行进一步调整。

(E)购买权。 如果在本票据发行和未偿还时的任何时间，借款人按比例向任何类别普通股的记录持有人发行任何可转换证券或购买股票的权利、认股权证、证券或其他财产(“购买权”)，则本票据的持有人将有权根据适用于该等购买权的条款，如果持有人在紧接授予、发行或出售该购买权的记录日期 之前持有在本票据完全转换后可获得的普通股股份数量(不考虑本票据中包含的任何转换限制)，则该持有人可能获得的总购买权，或者，如果没有记录，则为确定普通股的记录持有人授予、发行或出售该购买权的日期。

(f)由于 非DWAC资格而进行的调整。如果在本票据发行且此后尚未发行的任何时间，持有人交付转换通知 ，且此时所有DWAC合格条件均未得到满足，则借款人应根据第2.1（c）条向持有人交付证书转换股份，且非DWAC合格调整金额应添加到本票据的未偿还余额中， 不限制持有人在本票据或其他交易文件下的任何其他权利。

(G)调整通知。在发生因本票据所述事件而对转换价格进行的每一次调整或重新调整或将非DWAC合格调整金额添加到未偿还余额 时，借款人应将非DWAC合格调整金额添加到本票据的 未偿还余额中，但不限制持有人在本票据或其他交易文件下的任何其他权利。

(h) Conversion Price During Major Announcements. Notwithstanding anything contained to the contrary in this Note, in the event Company (i) makes a public announcement that it intends to consolidate or merge with any corporation or sell or transfer all or substantially of the assets of the Company or (ii) any person publicly announces a tender offer to purchase 50% or more of Company's Common Stock (or any other takeover scheme) (the date of the announcement referred to in clause (i) or (ii) is hereinafter referred to as the "Announcement Date", then the conversion Price shall, effective upon the Announcement Date and continuing through the Adjusted Conversion Price Termination Date (as defined below), be equal to the lower of the (x) Conversion Price which would have been applicable for a Conversion occurring on the Announcement Date and (y) the Conversion Price Termination Date, the Conversion Price shall be determined as set forth in this section. For purposes hereof, "Adjusted Conversion Price Termination Date" shall mean, with respect to any proposed transaction or tender offer (or takeover scheme for which a public announcement as contemplated by this section has been made, the date upon which Company (in case of clause (i) above) or the person, group or entity (in the case of clause (ii) above) consummates or publicly announces the termination or abandonment of the proposed transaction or tender off or takeover scheme) which caused this section to become operative.

1.4转换方法。 票据可由持有人全部或部分转换，如本合同第1.1(A)节所述。在票据部分转换后，借款人应持有人的要求，向持有人发行一张载有相同日期和票据条款的新的 票据，用于支付未兑换或支付的票据和利息的本金余额。

1.5转换限制。 持有人不得根据本票据进行任何转换或以其他方式发行任何普通股，但以持有人或其任何关联公司将实益拥有的超过4.99%(“最大百分比”) of the Common Stock. The Holder, upon not less than 61 days’ prior notice to the Company, may increase or decrease the Beneficial Ownership Limitation provision of this section. No prior inability to convert this Note, or to issue shares of Common Stock, pursuant to this paragraph shall have any effect on the applicability of the provisions of this paragraph with respect to any subsequent determination of convertibility. For purposes of this paragraph, beneficial ownership and all determinations and calculations (including, without limitation, with respect to calculations of percentage ownership) shall be determined in accordance with Section 13(d) of the Securities Act of 1934, as amended, and the rules and regulations promulgated thereunder. The provisions of this paragraph shall be implemented in a manner otherwise than in strict conformity with the terms of this paragraph to correct this paragraph (or any portion hereof) which may be defective or inconsistent with the intended Maximum Percentage beneficial ownership limitation herein contained or to make changes or supplements necessary or desirable to properly give effect to such Maximum Percentage limitation. The limitations contained in this paragraph shall apply to a successor Holder of this Note. The holders of Common Stock shall be third party beneficiaries of this paragraph and the Company may not waive this paragraph without the consent of holders of a majority of its Common Stock. For any reason at any time, upon the written or oral request of the Holder, the Company shall within two (2) Trading Days confirm orally to the Holder and, if requested, in writing to the Holder the number of shares of Common Stock then outstanding, including by virtue of any prior conversion or exercise of convertible or exercisable securities into Common Stock, including, without limitation, pursuant to this Note. Should the Company fail to eliminate any prohibitions under applicable law or the rules or regulations of any stock exchange, inter-dealer quotation system or other self-regulatory organization with jurisdiction over the Company or any of its securities on Company's ability to issue shares of Common Stock, in lieu of any right to convert this Note as described in this section, this shall be deemed an Event of Default. Upon full liquidation by the Holder of all Conversion Shares issued pursuant to a Conversion Notice, provided that the Holder realizes a net amount from such liquidation equal to less than the total Outstanding Balance of the Note (“Balance”), at the election of the Holder, the Balance less the value of all the Conversion Shares sold shall be added back to the Outstanding Balance of the Note.

1.6非规避。借款人特此 承诺并同意，借款人不会通过修改其公司证书或公司章程或章程，或通过任何 重组、资产转让、合并、合并、安排方案、解散、发行或出售证券，或任何其他 自愿行动，避免或寻求避免遵守或履行本附注任何条款，并将在任何时候本着诚意执行本说明的所有规定，并采取一切可能需要的行动来保护持有人的权利。

[1.7摊销付款。借款人应自_年第一个营业日及其后每个月的第一个营业日开始支付金额为83，033.42美元的摊销 （每项， 为"摊销付款"），该付款不受本合同第4.1条的约束，由本公司 向持有人提供偿还本票据的选择。

1.9的页面不存在或]

1.10等级和安全。借款人在本票据项下的债务 应在发行日期后优先考虑任何及所有债务，并由 公司及其子公司的所有资产和本文件所定义的储备金作为担保。

1.11 Other Indebtedness. So long as the Borrower shall have any obligation under this Note, the Borrower shall not (directly or indirectly through any Subsidiary or affiliate) incur or suffer to exist or guarantee any Indebtedness that is senior to or pari passu with (in priority of payment and performance) the Borrower’s obligations hereunder. As used in this section, the term “Borrower” means the Borrower and any Subsidiary of the Borrower. As used herein, the term “Indebtedness” means (a) all indebtedness of the Borrower for borrowed money or for the deferred purchase price of property or services, including any type of letters of credit, but not including deferred purchase price obligations in place as of the Issue Date and as disclosed in the SEC Documents or obligations to trade creditors incurred in the ordinary course of business, (b) all obligations of the Borrower evidenced by notes, bonds, debentures or other similar instruments, (c) purchase money indebtedness hereafter incurred by the Borrower to finance the purchase of fixed or capital assets, including all capital lease obligations of the Borrower which do not exceed the purchase price of the assets funded, (d) all guarantee obligations of the Borrower in respect of obligations of the kind referred to in clauses (a) through (c) above that the Borrower would not be permitted to incur or enter into, and (e) all obligations of the kind referred to in clauses (a) through (d) above that the Borrower is not permitted to incur or enter into that are secured and/or unsecured by (or for which the holder of such obligation has an existing right, contingent or otherwise, to be secured and/or unsecured by) any lien or encumbrance on property (including accounts and contract rights) owned by the Borrower, whether or not the Borrower has assumed or become liable for the payment of such obligation. Notwithstanding the foregoing, nothing in this section shall prevent a subsidiary to obtain a mortgage secured by real estate, either as a permanent mortgage or a construction loan, that may be senior to this Note.

1.12股本分配。 只要借款人负有本附注项下的任何义务，未经持有人书面同意，借款人不得支付、宣布或拨出任何股息或其他分派，（无论是现金，财产或其他证券） 股本股份，但不包括普通股股份的股息，或（b）直接 或间接或通过任何子公司就其股本进行任何其他付款或分配， 根据经借款人多数无利害关系董事批准的任何股东权利计划进行的分配除外。

1.13限制股票回购 和债务偿还。只要借款人负有本附注项下的任何义务，除许可债务外，借款人 未经持有人书面同意，不得赎回、回购或以其他方式收购（无论是现金还是交换财产 或其他证券或其他）在任何一次交易或一系列相关交易中，借款人的任何股本股份 或任何认股权证，购买或收购任何此类股份或偿还借款人在正常业务过程之外的任何同等权益或次级债务的权利或选择权。

1.14出售资产。只要 借款人在本附注项下负有任何义务，未经持有人书面同意，借款人不得在正常业务过程之外出售、租赁 或以其他方式处置其任何重要部分资产。对处置任何资产的任何同意 可以以处置收益的特定用途为条件，但除此之外，不得不不合理地 拒绝、附加条件或延迟此类同意。

1.15垫款和贷款；关联交易。 只要借款人在本票据项下负有任何义务，未经持有人书面同意，借款人不得与任何个人、商号、合资企业或公司，包括但不限于借款人的高级管理人员、董事、员工进行贷款、授信、垫款或进行任何交易，但贷款、信用或垫款除外(A)在发行日期存在或承诺，且借款人在发行日期前已书面通知持有人，(B)关于与无关联的第三方的交易，在正常业务过程中或(C)与非关联第三方的交易，金额不超过100,000美元。只要借款人在本附注项下负有任何义务，则在未经持有人书面同意的情况下，借款人不得偿还借款人的任何关联公司(定义见第144条)在正常业务过程之外欠任何该等当事人的任何债务或应计款项。除美国证券交易委员会文件所披露者外，据本公司所知，本公司或其附属公司或其任何联营公司的现任或前任、雇员、合伙人、董事、高级人员或股东(直接或间接)、或据本公司所知，其任何联营公司的任何联属公司或与上述任何事项关系不远的任何亲属目前或曾经是(I)与本公司或其附属公司的任何交易(包括 任何合同，协议或其他安排，规定由 任何该等董事、高管或股东或该等联营公司或关联公司或相关附属公司 提供服务或租赁其不动产或个人财产，或以其他方式要求向其付款(本公司或其任何附属公司的雇员、高级管理人员或董事或其任何附属公司的普通课程服务除外)或(Ii)作为竞争对手的任何公司、商号、协会或商业组织的权益的直接或间接拥有人，本公司或其附属公司的供应商或客户 (直接或间接被动投资于其证券在任何证券市场买卖或报价的公司的普通股)，亦不会从本公司或其附属公司以外的任何来源获得与本公司或其附属公司的业务有关的收入，亦不应从 公司或其附属公司应得的收入。董事、高管、本公司或其任何附属公司的10%或以上股东或其直系亲属不欠本公司或其附属公司(视情况而定)，本公司或其任何附属公司亦不欠其中任何人债务(或承诺提供贷款或扩大或担保信用)，但(I)支付所提供服务的工资 ，(Ii)偿还代表本公司发生的合理费用，以及(Iii)为所有雇员或行政人员普遍提供的其他标准雇员福利(包括根据董事会批准的任何股票期权计划而未履行的股票期权协议)。

1.16股权出售限制。 如果在自本票据融资之日起六个月后的任何时间，借款人由于在一段时间内禁止发行普通股的任何锁定或其他协议或限制而无法向贷款人发行普通股，则 对于借款人被禁止发行普通股的每30天期间，未偿还余额将自动增加1% 普通股(增加的普通股应在任何部分期间按比例计算)。为免生疑问，未偿还余额的增加应是贷款人根据本附注及其他交易文件 可享有的所有其他权利和补救措施的补充，且不得取代或被视为放弃贷款人根据本附注或任何其他交易文件可享有的任何其他权利或补救措施，包括但不限于，如果借款人未能按照本附注的条款交付换股股份，则会发生违约事件。

1.17非整合发售。 除注册权协议所述外，本公司、其附属公司或其任何关联公司，或 任何代表其行事的人士，均未直接或间接提出任何证券的要约或出售任何证券或征求任何证券的购买要约，在需要根据证券法登记发行任何证券的情况下，无论是通过与先前发售的整合或其他方式，或导致本次证券发行需要获得公司股东的批准，以符合证券法的目的或任何适用的股东批准条款，包括但不限于，根据主要市场规则和规则 。本公司、其附属公司、其附属公司或代表他们行事的任何人士均不会采取任何行动或步骤，要求根据证券法 登记任何证券的发行，或导致任何证券的发售与本公司的其他证券发售整合。

所有其他注释

(j)公司不得， 且公司应使其各子公司不得直接或间接产生或担保、承担或承受任何 债务（i）本附注和其他附注证明的债务和（ii）其他允许债务除外）；(k)公司不得， 且公司应促使其各子公司不得直接或间接允许或容忍在 公司或其任何子公司拥有的任何财产或资产（包括账户和合同权利）上存在任何抵押、留置权、质押、 押记、担保权益或其他担保（统称为， "留置权"）

许可留置权以外的其他；

(l)本公司不得， 且本公司应促使其各子公司不得直接或间接通过支付现金或现金等价物的方式赎回、冲销、回购、偿还或支付任何款项 （全部或部分，无论是通过公开市场购买、要约收购、私人交易或其他方式），任何债务的全部或任何部分，无论是以本金的方式支付，（或溢价， 如有）或该等债项的利息，如果在该等付款到期或以其他方式作出时，或在该等付款生效后， （i）构成违约事件的事件已经发生且正在继续，或（ii）随着时间的推移且没有 被修复将构成违约事件已经发生并正在继续；

(m)未经当时未偿还票据本金总额中多数持有人的事先书面同意，公司不得直接或间接（i）发行任何票据或（ii）发行任何其他证券，导致票据项下的违约或违约；

(n)本公司不得， 且本公司应促使其各子公司不得直接或间接出售、租赁、许可、转让、分拆、 、关闭、转让或以其他方式处置本公司或任何子公司拥有或随后获得的任何资产或权利，无论 是在一次交易或一系列相关交易中，但（i）销售、租赁、许可证，公司及其子公司在正常业务过程中对此类资产或权利的转让、转让、保留 和其他处置，以及（ii）在正常业务过程中销售 存货；

(O)本公司应维持 ，并维持并促使其每一附属公司维持及维持其存在、权利及特权，以及成为或保持 ，并使其每一附属公司在其拥有或租赁的物业的性质或其业务的交易需要该等资格的每个司法管辖区内，成为或保持适当的资格及良好的地位；

(p)本公司不得， 且本公司应促使其各子公司不得直接或间接从事与本公司及其各子公司于发行日期所开展的业务有实质性 不同的任何重大业务，或与之有实质性 相关或附带的任何业务。公司不得且公司应促使其各子公司不得直接或间接修改其公司结构或宗旨

(Q)本公司须维持及保存及促使其各附属公司维持及保存其于正常运作其业务所必需或有用的所有财产(正常损耗除外)，并遵守及促使其各附属公司在任何时间遵守其作为承租人或其占用财产的所有租约的条文，以防止该等租约或该等租约项下的任何损失或没收。

(r)reserved.

(s)的页面不存在或

(t)普通 股票的面值。只要公司根据本附注承担任何义务，公司承诺，持有人应在任何时候交付 转换通知时，公司普通股的面值不得高于适用于该转换通知的转换价格 。

(u)强制冲销 库存拆分。只要借款人有本附注项下的任何义务，如果借款人的 共享股票连续3个交易日上市或交易的交易市场上没有出价，或者股票价格低于1美分，借款人应立即 采取行动，使其普通股按照500比1的比例或其他比例进行反向股票分割， 应作出合理的商业判断，在实施反向拆分之前，须向SEC提交附表14C的信息声明或附表14A的委托声明，并须 FINRA批准。

(V)保留。

(w) Usury. To the extent it may lawfully do so, the Company hereby agrees not to insist upon or plead or in any manner whatsoever claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, usury laws wherever enacted, now or at any time hereafter in force, in connection with any action or proceeding that may be brought by the Holder in order to enforce any right or remedy under this Note. Notwithstanding any provision to the contrary contained in this Note, it is expressly agreed and provided that the total liability of the Company under this Note for payments which under Nevis law are in the nature of interest shall not exceed the maximum lawful rate authorized under Nevis law (the “Maximum Rate”), and, without limiting the foregoing, in no event shall any rate of interest or default interest, or both of them, when aggregated with any other sums which under Nevis law in the nature of interest that the Company may be obligated to pay under this Note exceed such Maximum Rate. It is agreed that if the maximum contract rate of interest allowed by Nevis law and applicable to this Note is increased or decreased by statute or any official governmental action subsequent to the Issue Date, the new maximum contract rate of interest allowed by law will be the Maximum Rate applicable to this Note from the effective date thereof forward, unless such application is precluded by applicable law. If under any circumstances whatsoever, interest in excess of the Maximum Rate is paid by the Company to the Holder with respect to indebtedness evidenced by this the Note, such excess shall be applied by the Holder to the unpaid principal balance of any such indebtedness or be refunded to the Company, the manner of handling such excess to be at the Holder’s election.(x)reserved.(y)本公司将维持最低价格。 未能保持最低价格将导致最低价格效应。(Z)证券法披露；宣传。 公司应(A)在上午9：30之前。在紧接签约日期之后的交易日的东部时间，发布新闻稿 披露据此拟进行的交易的重要条款，或(B)向美国证券交易委员会提交爱德加8-K当前报告(下称“当前报告”) ，披露据此拟进行的交易的重大条款。自本报告提交之日起及提交后，本公司向持有人表示，本公司或其任何高级职员、董事、雇员或代理人已公开披露本公司或其任何高级职员、董事、雇员或代理人就本 附注拟进行的交易向持有人提供的所有重大非公开资料。本公司和持有人在发布与本协议拟进行的交易有关的任何其他新闻稿时应相互协商，未经本公司就持有人发布的任何新闻稿事先征得公司同意，或未经持有人事先同意，本公司和持有人不得发布任何此类新闻稿或以其他方式发表任何此类公开声明，除非法律要求进行此类披露，否则不得无理拒绝、推迟、拒绝或附加条件。在这种情况下，披露方应立即将此类公开声明或沟通的事先通知通知另一方。尽管有上述规定，未经持有人事先书面同意，本公司不得公开披露持有人的姓名，或将持有人的姓名包括在提交美国证券交易委员会或任何监管机构或主要市场的任何备案文件中，但法律或主要市场法规规定必须披露的情况除外，在此情况下，本公司应向持有人提供本协议允许的披露的事先通知。本公司同意这是本票据的重要条款， 任何违反本第4.00(H)节规定的行为都将导致违约。(aa)公司和持有人应有权 在发布任何新闻稿、SEC、OTCQB或FINRA备案文件或任何其他公开声明之前，在合理的一段时间内审查与本协议所述交易有关的声明 ；但是，前提是公司有权在未经买方事先批准的情况下发布任何新闻稿或SEC，OTCQB（或其他适用的交易市场）或FINRA关于适用法律和法规要求的此类交易的备案文件 （尽管在发布之前，公司应就任何此类新闻稿咨询买方，并应向买方提供一份新闻稿副本，并给予买方评论的机会）。

(bb)在结算后的180天内， 借款人同意，未经持有人书面批准，在发行日期之后，其将不会与持有人以外的任何一方订立类似类型的融资交易（例如可转换承兑票据）或发行 可变证券。借款人 同意，这是票据的重要条款，任何违反本节的行为将导致违约事件。

第四条— 赎回权4.1可选赎回 权利。根据本条的规定 ，本公司可随时向持有人发出通知（“选择性赎回通知”，且自该通知发出之日起10个交易 天将为“选择性赎回通知日期”）其不可撤销的 选择赎回所有（但不少于全部）当时未偿还余额，连同本 现金票据的所有应计未付利息，赎回价等于：130%乘以当时所有未偿还余额以及本票据融资后1至360天内应计的所有未付利息 ；127.5%乘以当时所有未偿余额 连同本票据供资后1天至720天的所有未付利息361；125%乘以所有 当时未偿还余额连同本票据721天的所有应计未付利息，本票据融资后081天 ；122.5%乘以当时所有未偿还余额以及本票据融资后1，082至1，441天应计利息的122.5%；120%乘以当时所有未偿还余额以及本票据融资后1，442天内本票据的所有应计未付利息；

在收到可选的赎回通知后，持有人有权选择接受付款或转换票据。所有该等款项将于可选择赎回通知日期(该日期，“可选择赎回通知日期”)之后的第十个交易日(该日期，“可选择赎回通知日期”，该十个交易日，“可选择赎回期间”及该等赎回日期，即“可选择赎回”)的第十个交易日寄出，而可选择赎回 金额将于可选择赎回通知日期全数支付。本公司只可于自可选择赎回通知日期起至可选择赎回日期止期间内的每个交易日(除非持有人以书面豁免)符合(定义见下文)各项股权 条件，本公司方可实施可选择赎回，直至实际悉数支付可选择 赎回金额为止。如果任何股权条件在可选的 赎回期间内的任何时间停止满足，则持有人可在 任何该等股权条件未获满足之日起向本公司发出通知，选择取消可选的赎回通知，在此情况下，可选的赎回通知应从一开始就无效。本公司承诺并同意，自可选赎回通知发出之日起至所有应付款项到期及全数付清之日止，本公司将履行提交的所有转换通知。“股权条件”是指，在问题所述期间，(A)本公司应已正式履行计划进行的或因持有人发出的一份或多份转换通知(如有)而发生的所有转换和赎回，(B)公司应已就本票据支付欠持有人的所有违约金和其他金额，(C)(I)有一份有效的注册声明，根据该声明，持有人可利用招股说明书 转售本票据该部分转换后可发行的所有兑换股份，但须进行可选择的赎回 (且本公司真诚地相信该效力将在该期间内不受中断)或(Ii)可于转换本票据的该部分时发行的所有转换股份可根据规则第144条在该期间内转售，但须受选择性赎回的规限。(D)普通股在交易市场交易，且根据交易可发行的所有股份均已在该交易市场上市或报价交易(且本公司真诚地相信，普通股在交易市场的交易在可预见的未来将不会中断)，(E)有足够数量的授权但未发行和未保留的普通股股份，用于发行转换后可发行的所有转换股份，本票据的该部分在此时赎回，(F)不存在违约事件，据本公司实际所知， 没有任何现有事件会随着时间的推移或通知的发出而构成违约事件，(G)在转换本票据的该部分后可向持有人发行的 股票经可选赎回后发行不会违反本票据项下第1.3节规定的限制，(H)未有公开宣布悬而未决或拟议的基本交易 尚未完成或放弃，及(I)适用持有人并不拥有本公司提供的构成或可能构成重大非公开资料的任何资料。尽管有上述规定，持有人可选择在根据本条以现金实际支付任何 赎回之前的任何时间，向本公司递交不可撤回的兑换通知，以转换票据的本金 ，但须受根据细则第二条发出的选择性赎回通知所规限。

第五条—杂项

5.1失败或放纵不得放弃。本协议持有人未能或延迟行使本协议项下的任何权力、权利或特权 不得视为放弃，任何该等权力、权利或特权的任何单一或部分行使也不得妨碍 其他或进一步行使其或任何其他权利、权力或特权。本协议项下存在的所有权利和补救措施是累积的， 不排除其他可用的任何权利或补救措施。

5.2通知。本协议要求或允许的所有通知、请求、要求、同意、指示或其他通信应以书面形式并通过电子邮件发送。所有此类通知和通信应在发送电子邮件后生效。

如果给借款人：www.example.com

如果是对持有者：Generatingalphaltd@pm.me

5.3修订条文。未经持有人事先书面同意，不得修改或修改本 注释的任何条款。术语“注释”及其所有引用， 在本文书中使用，应指最初签署的本文书，或如果后来修改或补充，则 修改或补充。

5.4 Assignability. This Note shall be binding upon the Borrower and its successors and assigns, and shall inure to the benefit of the Holder and its successors and assigns. The Holder has the full control and discretion to assign or transfer this Note to any transferee without the consent of the Company or have the shares that it converts under this Note sent to any third party at its sole discretion, without the consent of the Company. If this Note is to be transferred, the Holder may surrender this Note to the Company, whereupon the Company shall forthwith issue and deliver upon the order of the Holder a new Note registered as the Holder may request, representing the Outstanding Balance being transferred by the Holder and, if less than the entire Outstanding Balance is being transferred, a new Note to the Holder representing the Outstanding Balance not being transferred. The Holder and any assignee, by acceptance of this Note, acknowledge and agree that, following conversion or redemption of any portion of this Note, the Outstanding Balance represented by this Note may be different than the Principal stated on the face of this Note. If the Company fails to issue a new Note registered as the Holder may request, it shall constitute an Event of Default under the Note and the Note shall then be considered owned by the new Holder that Generating Alpha Ltd. has assigned this Note to ("Assignee Holder"). Alternatively, at the discretion of the Holder, in lieu of the Holder requesting that the Company issue a new Note registered as the Holder may request, the Holder of this Note may instruct the Company and its transfer Agent that this Note has been transferred or assigned to an Assignee Holder and that the Assignee Holder is now the new Holder of this Note without any new Note being required to be issued by the Company to the Assignee Holder. To further clarify, if Generating Alpha Ltd. sells, assigns or transfers the Note to ABC Fund, LLC, then ABC Fund, LLC shall now be the new Holder under this Note, regardless of whether a new Note is issued by the Company in the name of ABC Fund, LLC.

5.5 收款成本。如果未支付票据，借款人应向持有人支付合理的收款费用，包括 合理的律师费。

5.6 Governing Law. This Note shall be deemed executed, delivered and performed in Nevis. This Note shall be solely and exclusively construed and enforced in accordance with, and all questions concerning the construction, validity, interpretation and performance of this Note shall be governed solely and exclusively by the internal laws of Nevis, without giving effect to any choice of law or conflict of law provision or rule (whether of Nevis or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than Nevis. The Borrower irrevocably and exclusively consents to and expressly agrees that binding arbitration in Nevis conducted by the Arbitrator Conflict Resolution Centre shall be their sole and exclusive remedy for any dispute arising out of or relating to the Note, Agreement, Irrevocable Instructions or any other agreement between the parties, the Borrower’s transfer agent or the relationship of the parties or their affiliates, and that the arbitration shall be conducted via telephone or teleconference. If the Arbitrator is not available, a different arbitrator or law firm in Nevis shall be chosen by the Investor and agreed upon by the Borrower. Borrower covenants and agrees to provide written notice to Investor via email prior to bringing any action or arbitration action against the Borrower’s transfer agent or any action against any person or entity that is not a party to this Note that is related in any way to this Note or any of the Exhibits under this Note or any transaction contemplated herein or therein, and further agrees to timely notify Investor to any such action. Borrower acknowledges that the governing law and venue provisions set forth in this Note are material terms to induce Investor to enter into the Transaction Documents and that but for Borrower’s agreements set forth in this section, Investor would not have entered into the Transaction Documents. In the event that the Investor needs to take action to protect their rights under the Agreement, the Investor may commence action in any jurisdiction needed with the understanding that the Agreement shall still be solely and exclusively construed and enforced in accordance with, and all questions concerning the construction, validity, interpretation and performance of this Note shall be governed solely and exclusively by the internal laws of Nevis, without giving effect to any choice of law or conflict of law provision or rule (whether of Nevis or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the Nevis. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Note or any other related transaction document by email. This section and provision of the Agreement will not apply to the Confession of Judgment. The award and decision of the arbitrator shall be conclusive and binding on all Parties, and judgment upon the award may be entered in any court of competent jurisdiction.

5.7非营业日。 根据特拉华州法律，任何付款或任何行动应于星期六、星期日或公众假期到期时， 该等款项可能于下一个交易日到期或须于下一个交易日采取行动，而就该等款项而言，该下一个交易日 应计入于该日应付的应计利息金额。

5.8 reserved.

5.9删除。

5.10没有经纪人—经销商确认。如果 有管辖权的法院没有最终裁决另有说明，只要借款人在本票据、 认股权证或其他交易文件项下的任何义务尚未履行，则公司不得向任何个人、 机构或实体陈述、声称或以任何方式断言持有人目前或曾经是1934年证券交易法下的经纪交易商。

5.11 Legal Opinion. Upon request of the Holder, the Company’s counsel shall provide an opinion regarding the applicable exemption from registration under the Securities Act for the issuance of the Conversion Shares pursuant to the terms and conditions of this Note and the Note, which provides that upon conversion at any time following the date hereof, the shares received as a result of the conversion shall be issued unrestricted in accordance with the appropriate exemption. The Company agrees and accepts that any licensed attorney may provide an opinion regarding the applicable exemption from registration under the Securities Act for the issuance of the Conversion Shares pursuant to the terms and conditions of this Note , which provides that upon conversion at any time following the date hereof, the shares received as a result of the conversion shall be issued unrestricted in accordance with the appropriate exemption. The Company further agrees and accepts that their transfer agent shall be able to rely upon any licensed attorney’s legal opinion regarding the applicable exemption from registration under the Securities Act for the issuance of the Conversion Shares pursuant to the terms and conditions of this Note, which provides that upon conversion at any time following the date hereof, the shares received as a result of the conversion shall be issued unrestricted in accordance with the appropriate exemption. If the Company attempts to refuse the legal opinion of a licensed attorney chosen by the Borrower, such refusal shall constitute an Event of Default under this Note.

5.12结算后费用。借款人未支付的任何结算后 费用应追溯冲抵因 转换而发生的本票据本金余额减少。借款人未能履行本规定应被视为违约事件。

5.13储蓄条款。如果具有司法管辖权的法院认为本说明书的任何条款 范围过大或无效或不可执行，则应尽可能调整而不是废除该等条款 ，以使其在最大程度上可执行，且本说明书其余条款的有效性和可执行性 不会因此受到任何影响或损害。在任何情况下，本协议项下支付的利息 不得超过适用法律允许的未付本金余额的最高利率。如果收取的任何款项 超过适用的最高利率，则应将收取的超额部分用于减少主要债务。如果本合同项下实际收取的利息 仍超过适用的最高利率，则应降低利率，使其不超过法律允许的最高利率 。

5.14律师费用和 收款费用。如果采取任何法律或衡平法行动，以执行或解释本说明或与本融资有关的任何其他 文件的条款，双方同意，获得最多金额的一方应被视为在所有目的上获胜的 一方，因此应有权获得全额律师费的额外裁决， 该胜诉一方就诉讼和/或争议支付的费用，而不会根据引起费用和费用的个别索赔或抗辩进行扣减或分摊 。 本协议的任何内容均不得限制或损害 法院裁定对轻率或恶意抗辩的费用和开支的权力。

5.15费用及收费。双方确认 并同意，如果借款人未能遵守本附注的规定，则持有人的损害赔偿将不确定 且难以准确估计（如果并非不可能），原因包括双方无法预测未来利率、 持有人的风险增加以及持有人是否有合适的替代投资机会的不确定性， 等。因此，本票据项下到期的任何费用、收费和利息均为且应 视为持有人实际损失投资机会的合理估计，而非罚款，且不得视为 以任何方式限制持有人根据法律或衡平法可能享有的任何其他权利或补救措施。每当公司错误地质疑 转换请求或未能在请求后五个工作日内向票据持有人提供当前已发行和未偿还的票据时， 本票据的未偿还余额将增加2000美元。如在结算日后十个营业日内

， 普通股的交易价格低于转换通知中规定的价格，则转换价格将被重置并 降低至该期间的最低交易价格。结算日是指股票在 投资者的经纪账户中并获得持有股票的经纪公司合规部门批准出售的日期。

5.16 Notice of Corporate Events. Except as otherwise provided herein, the Holder of this Note shall have no rights as a Holder of Common Stock unless and only to the extent that it converts this Note into Common Stock. The Borrower shall provide the Holder with prior notification of any meeting of the Borrower’s stockholders (and copies of proxy materials and other information sent to stockholders). In the event of any taking by the Borrower of a record of its stockholders for the purpose of determining stockholders who are entitled to receive payment of any dividend or other distribution, any right to subscribe for, purchase or otherwise acquire (including by way of merger, consolidation, reclassification or recapitalization) any share of any class or any other securities or property, or to receive any other right, or for the purpose of determining stockholders who are entitled to vote in connection with any proposed sale, lease or conveyance of all or substantially all of the assets of the Borrower or any proposed liquidation, dissolution or winding up of the Borrower, the Borrower shall mail a notice to the Holder, at least twenty (20) calendar days prior to the record date specified therein (or thirty (30) calendar days prior to the consummation of the transaction or event, whichever is earlier), of the date on which any such record is to be taken for the purpose of such dividend, distribution, right or other event, and a brief statement regarding the amount and character of such dividend, distribution, right or other event to the extent known at such time. The Borrower shall make a public announcement of any event requiring notification to the Holder hereunder substantially simultaneously with the notification to the Holder in accordance with the terms of this section.

5.17补救办法借款人承认， 其违反本协议项下的义务将对持有人造成不可弥补的损害，破坏本协议所设想的交易的意图和目的 。因此，借款人承认，违反本票据项下义务的法律补救措施 将是不充分的，并同意，如果借款人违反或威胁违反本票据的规定，持有人 应有权，除所有其他法律或衡平法上可用的补救措施外，以及除本协议可评估的处罚外， 禁止、防止或纠正任何违反本说明的行为，并具体执行其中的条款和规定 ，而无需表明经济损失，也无需提供任何保证金或其他担保。本票据 的任何条款不得改变或损害借款人按照本票据规定的时间、地点、利率和形式支付本票据本金和利息的绝对和无条件义务。持有人应获得不受本说明管辖法律条款约束的额外补救措施。

5.18争议解决。如就兑换价格的厘定产生争议(包括但不限于对其作出的任何有争议的调整，或有关是否有任何发行或出售或当作发行或出售、兑换价格、交易价、收市价或公平市价(视属何情况而定)的争议，或兑换价格的计算、本票据本金余额的任何减少或增加，本公司或持有人(视属何情况而定)应在收到引起有关争议的适用通知后两个营业日内(I) 向本公司或持有人(视属何情况而定)或(Ii)如无通知引起争议，在持有人获悉引起争议的情况后的任何时间，以电邮或邮寄方式(I) 向本公司或持有人(视属何情况而定)提交争议的厘定或计算(视属何情况而定)。如持有人与本公司未能在向持有人的本公司提交该有争议的 厘定或计算(视属何情况而定)后两个营业日内就有关厘定或计算(视属何情况而定)达成协议，本公司应于两个营业日内以电邮方式(A)将有争议的换股价格、交易价或其他价格(视情况而定)呈交本公司选定并经持有人批准的独立、信誉良好的投资银行或由持有人选定的独立、外部 会计师。公司应自费安排投资银行或会计师(视属何情况而定)作出有关厘定或计算，并在收到该等有争议的决定或计算(视属何情况而定)后十个营业日内，将有关结果通知本公司及持有人。投资银行或会计师的决定或计算(视具体情况而定)对不存在明显错误的各方具有约束力。

5.19活期票据。公司应 在附件__上披露其与第三方之间的所有当前票据。通过本票据进行的投资不取决于任何其他投资， 是独立于任何其他交易或投资的。本票据不应构成具有法律约束力的合同，除非持有人已支付本票据，否则任何一方均不承担任何义务或责任。不存在为本票据提供资金的法律义务，在持有人为其提供资金之前，本票据对任何一方都没有约束力。

5.20非规避。本公司特此 订立并同意，本公司不会透过修订公司注册证书或章程或透过任何重组， 资产转移、合并、合并、安排计划、解散、发行或出售证券，或任何其他自愿行动，以避免或试图避免遵守或履行本附注的任何条款，并将始终真诚地执行本附注的所有 条文，并采取一切必要的行动，以保障本附注持有人的权利。在不限制前述一般性的原则下，本公司(I)不得在本票据转换时将任何应收普通股的面值提高至高于当时有效的转换价格，(Ii)应采取一切必要或适当的行动，以使本公司可在本票据转换时有效及合法地发行缴足股款及不可评估的普通股，及(Iii)只要任何票据仍未发行， 应采取一切必要行动，以保留及保留其核准及未发行的普通股。仅就完成转换债券而言，完成转换当时已发行的债券所需的普通股最高股数 不时(不考虑转换的任何限制)。

5.21非壳牌。该公司声明： 它不是“壳”发行人，也从未是“壳”发行人，或者，如果它以前是“壳”发行人，则自公司报告表明其不再是“壳”发行人的Form 10类型信息以来，至少已经过去了12个月。此外，公司将指示其律师(I)撰写144-3(a(9))意见书，以允许转换股份的出售，或(Ii)接受Holder律师的意见。

5.22. 一定数量。根据本附注，借款人需要支付的金额超过未偿还本金(或当时需要支付的部分)的 加上应计和未付利息加上该等利息的违约利息，借款人和持有人同意，持有人因收到本票据的现金付款而对持有人造成的实际损害可能难以确定，而借款人须支付的金额代表规定的损害赔偿而非罚款，而 旨在补偿持有人失去转换本票据的机会，并从出售本票据转换后取得的普通股股份中赚取回报，而出售的价格高于根据本票据向该等股份支付的价格。借款人和持有人在此同意，规定的损害赔偿额与持有人因收到现金付款而没有机会将本票据转换为普通股而可能遭受的损失并不明显不成比例。

5.23交易法通过本附注进行的投资 不取决于任何其他投资，且独立于任何其他交易或投资。作为持有人为本票据提供资金或支付资金的先决条件 或要求，公司必须在签署本票据后30天内根据《交易法》的要求 向SEC全面报告。本公司根据《交易法》的要求向SEC全面报告的要求包括但不限于及时履行其作为在SEC注册的全面报告发行人的备案要求、XBRL备案要求、在其网站上披露财务报表的要求。 如果公司在签署本票据后三十天内未满足本条规定的先决条件，持有人没有 为本票据提供资金的义务。

5.24采购协议。 通过接受本附注，各方同意受采购协议适用条款的约束。

5.25第一次拒绝权。如果在本票据尚未到期的任何时候， 公司有任何第三方的善意资本融资要约，公司打算采取行动，则公司必须 首先向持有人提供该机会，以按照与每个第三方的条款相同的条款向公司提供该等资本或融资。如果持有人不愿或无法在持有人收到要约书面通知后的10个交易日内向公司提供该等资本或融资 （“要约通知”），则公司可根据公司向持有人提供的完全相同的条款和条件，从相应的第三方获得资金或融资， 哪项交易必须在要约通知日期后30天内完成。如果本公司在各要约通知日期后30天内未从各第三方收到资本或 融资，则本公司必须按照上述方式再次向持有人提供 资本或融资机会，并重复上述流程。要约通知 必须通过电子邮件发送至www.example.com

5.25可变安全阻止器

. The Borrower shall not enter into a similar type financing transaction (e.g. convertible promissory note) with, or issue a Variable Security to, any party other than the Holder while the Note and Warrants are outstanding. A Variable Security shall mean any security issued by the Borrower that (i) has or may have conversion rights of any kind, contingent, conditional or otherwise in which the number of shares that may be issued pursuant to such conversion right varies with the market price of the common stock; (ii) is or may become convertible into common stock (including without limitation convertible debt, warrants or convertible preferred stock), with a conversion or exercise price that varies with the market price of the common stock, even if such security only becomes convertible or exercisable following an event of default, the passage of time, or another trigger event or condition; or (iii) was issued or may be issued in the future in exchange for or in connection with any contract, security, or instrument, whether convertible or not, where the number of shares of common stock issued or to be issued is based upon or related in any way to the market price of the common stock, including, but not limited to, common stock issued in connection with a Section 3(a)(9) exchange, a Section 3(a)(10) settlement, or any other similar settlement or exchange. The Borrower agrees that this is a material term of the Note and any breach of this Section will result in an Event of Default under this Note.

Confession Of Judgment. The Borrower hereby irrevocably authorizes and empowers, the Lender and any attorney-at-law, each as the Borrower’s attorney-in-fact, to appear ex parte in any court of record and to confess judgment against the Company for the unpaid amount of this Note as evidenced by an affidavit signed by Holder setting forth the amount then due, including attorneys’ fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. The Borrower waives the right to contest Holder’s rights under this section, including without limitation the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Holder may elect until all amounts owing on this Note have been paid in full. The Company hereby further waives and releases any and all claims or causes of action which the Company might have against any attorney acting under the terms of authority which the Company has granted herein arising out of or connected with the confession of judgment hereunder. Notwithstanding anything to the contrary contained herein, Holder shall not exercise its rights with respect to the foregoing power of attorney unless or until an Event of Default has occurred. Neither the Confession of Judgment nor the Investor shall not be bound by Section 5.6 of this Agreement.

特此证明， 自23日起，借款人已安排授权人员以其名义签署通知，

研发

2023年10月的一天。

GROM Socialist，INC.

由：_

姓名：标题：

公证人或DocuSign

附件A

定义

“收盘价” 对于截至任何日期的任何证券，指由持有人指定的可靠报告服务机构(即彭博社)报告的场外交易公告牌(“OTCBB”)或其他适用一级交易市场的收盘价，如果OTCBB 不是该证券的主要交易市场，则指该证券在上市或交易该证券的主要证券交易所或交易市场的收盘价，或如果没有以上述任何方式获得该证券的收盘价，则指该证券的收盘价。 场外交易市场 集团公司(前身为粉单有限责任公司)列出的此类证券的任何做市商的平均收盘价。如果不能在该日期以上述方式计算该证券的截止竞价价格，则截止竞价价格应为借款人和持有人为确定该票据的转换价格而共同确定的公平市场价值。如果在用于计算市场价的20天内没有投标价格 ，公司将失去DTC资格，或被“冷却以备押金”，则转换价格 应为0.00001。

在不以任何方式限制持有人寻求其他补救措施的权利，包括实际损害赔偿和/或衡平法救济的情况下，双方同意 如果本票据转换后可发行普通股的交付未能在股票交割日之前交付，借款人应向持有人支付转换违约款项。转换违约付款指的是，在股票交割日之后借款人未能交付该普通股的每一天每天2,000美元现金，直至借款人签发证书并将证书交付给持有人，或将持有者有权获得的普通股股数记入持有人转让代理账户的贷方 (根据持有人和借款人的预期，任何损害赔偿将回到发行日)。该现金金额应于应计月份的下一个月的第五天前支付给持有人，或由持有人选择(在应计月份的下一个月的第一天以书面通知借款人)在本票据的本金金额中增加 ，在此情况下，应根据本票据的条款计提利息，该额外本金金额应根据本票据的条款转换为普通股。借款人 同意转换权是持有者的一项宝贵权利。因失败、企图受挫和干扰此类转换权而造成的损害即使不是不可能获得资格，也是困难的。因此，双方承认本说明中所载的违约金条款是合理的。

"Event of Default Effect" shall mean (a) the Outstanding Balance, plus accrued but unpaid interest, liquidated damages, fees and other amounts owing in respect thereof through the date of acceleration shall immediately increase to one hundred and twenty five percent of the Outstanding Balance (except with respect to Sections 2(m), 2(n), 2(t), 2(u), 2(w), 2(bb), 2(ll) and 2(mm) and 2(vv), in which case the one hundred and twenty five percent shall be replaced with one hundred and fifty percent) immediately prior to the occurrence of the Event of Defaultand such increase in the Outstanding Balance shall tack back to the Issuance Date of the Note, (b) this Note shall then accrue interest at the Default Interest Rate which shall be equal to the lesser of twenty four and a half percent per annum or the maximum rate permitted under applicable law during a default on a Note and (c) the “Conversion Price”) shall be equal to seventy percent multiplied by the lower of (i) the lowest intraday trading price in the forty Trading Days prior to the applicable Conversion Date or (ii) the lowest closing bid price in the forty Trading Days prior to the applicable Conversion Date. For purpose of this section, the trading price of the Common Stock shall be the trading price as reported by the Nasdaq Stock Market, or the trading price in the over-the-counter market or, if the Common Stock is listed on another stock market or exchange, the trading price on such exchange as reported by www.otcmarkets.com or the Wall Street Journal. For each additional Event of Default there will be an additional five percent discount to the conversion price. Interest calculated hereunder shall be computed on the basis of a 360-day year comprised of twelve (12) thirty (30) day months, shall compound daily and shall be payable in accordance with the terms of this Note. The remedies under this note shall be cumulative and automatically added to the principal value of the Note. By acceptance hereof, Holder hereby warrants and represents to Borrower that Holder has no intention of charging a usurious rate of interest. Should any interest or other charges paid by Borrowers result in the computation or earning of interest in excess of the highest rate permissible under applicable law, any and all such excess shall be and the same is hereby waived by the Holder hereof. Holder shall make adjustments in the Note as applicable, as necessary to ensure that Borrower will not be required to pay further interest in excess of the amount permitted by applicable law. All such excess all be automatically credited against and in reduction of the outstanding principal balance. The Default Effects shall automatically apply upon the occurrence of an Event of Default without the need for any party to give any notice or take any other action. The Holder need not provide, and the Borrower hereby waives, any presentment, demand, protest or other notice of any kind regarding an Event of Default. Further, upon the occurrence and during the continuation of any Event of Default, the Holder may by written notice to the Borrower declare the entire Outstanding Balance immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding;

提供

然而，

, that upon the occurrence or existence of any Event of Default, immediately and without notice, all outstanding obligations payable by the Borrower hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Transaction Documents to the contrary (“Automatic Acceleration”). The Holder shall retain all rights under this Note and the Transaction Documents, including the ability to convert the then Outstanding Balance of this Note at all times following the occurrence of an Automatic Acceleration until the entire then Outstanding Balance has been paid in full. If one or more of the “Events of Default” as described in the Agreement shall occur, the Borrower agrees to pay all costs and expenses, including reasonable attorney’s fees, which the Holder may incur in collecting any amount due under, or enforcing any terms of, this Note. The Borrower covenants that until all amounts due under this Note are paid in full, by conversion or otherwise, the Borrower shall notify Holder in writing within one day of any of the above Events of Default. If the Holder shall commence an action or proceeding to enforce any provision of this Note, including, without limitation, engaging an attorney, then if the Holder prevails in such action, the Holder shall be reimbursed by the Company for its attorney’s fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or proceeding. If the Holder shall commence an action or proceeding to enforce any provisions of this Note, including, without limitation, engaging an attorney, then if the Holder prevails in such action, the Holder shall be reimbursed by the Borrower for its attorneys' fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or proceeding.

“Fundamental Transaction” means that (i) (1) the Borrower or any of its subsidiaries shall, directly or indirectly, in one or more related transactions, consolidate or merge with or into (whether or not the Borrower or any of its subsidiaries is the surviving corporation) any other individual, corporation, limited liability company, partnership, association, trust or other entity or organization (collectively, “Person”), or (2) the Borrower or any of its subsidiaries shall, directly or indirectly, in one or more related transactions, sell, lease, license, assign, transfer, convey or otherwise dispose of all or substantially all of its respective properties or assets to any other Person, or (3) the Borrower or any of its subsidiaries shall, directly or indirectly, in one or more related transactions, allow any other Person to make a purchase, tender or exchange offer that is accepted by the holders of more than 50% of the outstanding shares of voting stock of the Borrower (not including any shares of voting stock of the Borrower held by the Person or Persons making or party to, or associated or affiliated with the Persons making or party to, such purchase, tender or exchange offer), or (4) the Borrower or any of its subsidiaries shall, directly or indirectly, in one or more related transactions, consummate a stock or share purchase agreement or other business combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with any other Person whereby such other Person acquires more than 50% of the outstanding shares of voting stock of the Borrower (not including any shares of voting stock of the Borrower held by the other Person or other Persons making or party to, or associated or affiliated with the other Persons making or party to, such stock or share purchase agreement or other business combination), or (5) the Borrower or any of its subsidiaries shall, directly or indirectly, in one or more related transactions, reorganize, recapitalize or reclassify the Common Stock, other than an increase in the number of authorized shares of the Borrower’s Common Stock, or (ii) any “person” or “group” (as these terms are used for purposes of Sections 13(d) and 14(d) of the 1934 Act and the rules and regulations promulgated thereunder) is or shall become the “beneficial owner” (as defined in Rule 13d-3 under the 1934 Act), directly or indirectly, of 50% of the aggregate ordinary voting power represented by issued and outstanding voting stock of the Borrower. The provisions of this section shall apply similarly and equally to successive Fundamental Transactions and shall be applied without regard to any limitations on the conversion of this Note. As a condition to pre-approving any Fundamental Transaction in writing, which approval may be withheld in the Holder’s sole discretion, Holder may require the resulting successor or acquiring entity (if not the Borrower) to assume by written instrument all of the obligations of the Borrower under this Note and all the other transaction documents with the same effect as if such successor or acquirer had been named as the Borrower hereto and thereto. If Borrower engages in a Fundamental Transaction without the written consent of the Holder, the Fundamental Transaction shall be considered null and void. “Installment Date” shall mean six (6) months after the Issuance Date and on the same day of each month thereafter until the Maturity Date.

"到期日" 应指2028年11月_"市价" 指（a）适用兑换日期前十个交易日的最低日内交易价中的较低者。就本节而言，普通股的交易价格应为纳斯达克股票市场报告的交易价格，或场外市场的交易价格 ，或如果普通股在另一个股票市场或交易所上市，则为www.example.com或华尔街日报报告的交易价格。

“非DWAC合格的 调整金额”等于适用的转换股票数量乘以(I)普通股在转换日期的收盘价，(Ii)普通股在认证的 转换股票可以自由交易之日的交易价格并存入持有人经纪账户的超额(如果有的话)。在任何此类 情况下，持有者将尽合理努力在收到此类证书后及时将其存入其经纪账户，并促使 删除此类限制性图例，并且在不限制本协议任何其他条款的情况下，借款人同意与持有者充分合作 以实现同样的目的。向持有者收取的不符合DWAC资格的股票的任何费用应由借款人支付。符合DWAC条件的 条件是指普通股符合DWAC条件，并且可以电子方式交付到持有人的经纪账户。

“未清偿余额”指根据本附注条款减少或增加(视属何情况而定)的原始本金金额，加上任何应计但未付的利息(包括但不限于违约利息)、催收及强制执行费用、结算后开支及根据本票据产生的任何其他费用或收费。本票据不受与发行票据有关的所有税项、留置权、申索及产权负担 ，亦不受借款人股东的优先购买权或其他类似权利约束，亦不会向持有人施加个人责任 。^{"允许债务" 是指（i）本票据证明的债务，（ii）本公司截至发行日期存在的债务，（iii）本公司产生的无抵押债务，该债务在本票据的级别上不高于本票据，且自该债务的发行日期起六个月前到期，（iv）由允许留置权担保的债务，（v）借款或欠下金额少于100，000美元的任何负债（在日常业务过程中招致的应付贸易账款除外）；（vi）在正常业务过程中，以供存放或收取或类似交易的可转让票据的背书方式进行的所有担保（vii）本 根据《公认会计原则》要求资本化的租赁到期的任何租赁付款的价值低于100，000美元，以及（ix）上文第（i）至（viii）款中任何项目的延期、再融资和续订，只要本金不增加，（ 但关于将根据该协议到期应付的现有或未来利息加到该协议项下的本金上的除外）或条款 修改以对公司或其子公司（视情况而定）施加重大负担的条款。}“Permitted Lien” means the individual and collective reference to the following: (i) any lien for taxes not yet due or delinquent or being contested in good faith by appropriate proceedings for which adequate reserves have been established in accordance with GAAP, (ii) any statutory Lien arising in the ordinary course of business by operation of law with respect to a liability that is not yet due or delinquent, (iii) any Lien created by operation of law, such as materialmen's liens, mechanics' liens and other similar liens, arising in the ordinary course of business with respect to a liability that is not yet due or delinquent or that are being contested in good faith by appropriate proceedings, (iv) Liens (A) upon or in any equipment acquired or held by the Company or any of its Subsidiaries to secure the purchase price of such equipment or indebtedness incurred solely for the purpose of financing the acquisition or lease of such equipment, or (B) existing on such equipment at the time of its acquisition, provided that the Lien is confined solely to the property so acquired and improvements thereon, and the proceeds of such equipment, (v) Liens incurred in connection with the extension, renewal or refinancing of the indebtedness secured by Liens of the type described in clause (iv) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing Lien and the principal amount of the Indebtedness being extended, renewed or refinanced does not increase, (vi) leases or subleases and licenses and sublicenses granted to others in the ordinary course of the Company's business, not interfering in any material respect with the business of the Company and its Subsidiaries taken as a whole, (vii) Liens in favor of customs and revenue authorities arising as a matter of law to secure payments of custom duties in connection with the importation of goods, (viii) Liens arising from judgments, decrees or attachments in circumstances not constituting an Event of Default, (ix) Liens incurred in connection with Permitted Indebtedness under clause (i) and, solely to the extent existing as of the Issuance Date, clause (ii) of the definition thereof (including any extensions, refinancings and renewals of such Indebtedness that constitute Permitted Indebtedness).

"收盘后费用"应 指法律意见书制作成本、转让代理费、托管费、股权发行费、交付、审查 和接受实物证书的费用，持有人的经纪人或托管人代表持有人处理和交易本公司股份时收取的任何及所有费用和成本，持有人支付注册声明书所产生的任何费用。

"禁止交易" 指公司发行任何"期货定价证券"，这意味着发行普通股股票或任何类型的证券，这些股票可以或可能转换为普通股股票，其中 购买，该普通股的转换或交换价格使用任何浮动折扣或其他发行后可调整 普通股市价的折扣确定，包括但不限于根据任何股权额度融资、备用股权分配协议、市场交易或可转换证券和贷款、与第3（a）（9）节交易所、第3（a）（10）节结算或任何其他类似结算或交易所相关发行的普通股。注册直接公开发行或未注册 私募中的证券，如果该等证券的每股价格是与 发行或配售相关的最终文件（如适用）的执行同时确定的，以及与不可转换担保债务融资有关的证券，不应 为禁止交易。

"交易日"指普通股在主要证券交易所或证券市场交易的任何 日， 但"交易日"不包括普通股计划在该交易所交易的任何日期，或 在交易所 或市场交易的最后一个小时内，或普通股暂停交易的任何一天（或者，如果该交易所或市场未事先指定该交易所或市场的交易结束时间，则在 下午4：00：00结束的一小时内，纽约时间）。

“Conversion Adjustments” shall mean if the Borrower issues a convertible promissory note or any instrument, security or agreement with a convertible feature to any Person other than the Holder or its Affiliates which contains a conversion price (the “Third-Party Conversion Price”) which is less than the effective Conversion Price (after giving effect to any shares of Common Stock issued, or issuable, to the Holder or its Affiliates in connection with this Note or any other agreement between the Borrower and the Holder), then the Conversion Price shall be reduced to the Third-Party Conversion Price. The Borrower shall be responsible for the fees of its transfer agent and all DTC fees associated with any such issuance, transfer or transaction. Holder shall be entitled to deduct the costs from the conversion amount in each Notice of Conversion to cover Holder’s deposit fees associated with each Notice of Conversion. In the case that conversion shares are not deliverable by DTC an additional ten percent discount will apply to the Conversion Price; and if the shares are ineligible for deposit into the DTC system, or if the Conversion Price is less than one cent at any time while this Note is outstanding, the Outstanding Amount of the Note shall increase by fifteen thousand dollars and an additional ten percent discount shall apply to the Conversion Price. The Conversion Price may be adjusted pursuant to the other terms of this Note. If no objection is delivered from Borrower to Holder regarding any variable or calculation of the conversion notice within twenty-four hours of delivery of the conversion notice, the Borrower shall have been thereafter deemed to have irrevocably confirmed and irrevocably ratified such notice of conversion and waived any objection thereto. On the date that is thirty trading days (a “True-Up Date”) from each date Borrower delivers unrestricted Conversion Shares to Holder, there shall be a true-up where Holder shall have the right to require Borrower to deliver to Holder additional Conversion Shares (“True-Up Shares”) if the Conversion Price as of the True-Up Date is less than the Conversion Price used in the applicable Conversion Notice. In such event, Borrower shall deliver to Holder the True-Up Shares in a future Notice of Conversion. The number of True-Up Shares shall be equal to the difference between the number of Conversion Shares originally delivered to Holder pursuant to the applicable Conversion Notice and the number of Conversion Shares that would have been delivered to Holder on the True-Up Date based on the Conversion Price as of the True-Up Date. For the avoidance of doubt, if the Conversion Price as of the True-Up Date is higher than the Conversion Price set forth in the applicable Conversion Notice, then Borrower shall have no obligation to deliver True-Up Shares to Holder, nor shall Holder have any obligation to return any excess Conversion Shares to Borrower under any circumstance. Failure by the Holder to request True-Up Shares in a timely fashion shall not waive the right of the Investor to the True-Up Shares as Investor shall have an evergreen right to receive the True-Up Shares any time after the thirty trading days after a conversion. If at any time the Conversion Price as determined hereunder for any conversion would be less than the par value of the Common Stock, then at the sole discretion of the Holder, the Conversion Price hereunder may equal such par value for such conversion and the Conversion Amount for such conversion may be increased to include Additional Principal, where “Additional Principal” means such additional amount to be added to the Conversion Amount to the extent necessary to cause the number of conversion shares issuable upon such conversion to equal the same number of conversion shares as would have been issued had the Conversion Price not been adjusted by the Holder to the par value price.

附件B

______________________________________

改装通知书

(To由注册持有人签署，以 转换票据）

以下签署人 在此选择将Grom Social Enterprises，Inc.发行的票据到期未偿余额中的__于2023年10月_ (the“借款人”）根据该附注中规定的条件， 自下文所述日期起。

转换日期：_____________________________________________________________

折算价格：_______________________________________________________________将交付的股票：_________________________________________________________, 尽管本文中包含任何相反的内容 ，本兑换通知应构成提交本兑换通知的票据持有人的陈述，即 本兑换通知中规定的兑换生效后，该持有人（连同其附属公司）将不会拥有受益 所有权（连同该人关联公司的实益所有权）超过最大 百分比的普通股数量（定义见附注）根据本附注的规定确定的公司普通股总数。签名：__

生成Alpha有限公司。

请根据附注告知，“于本公司收到换股通知副本后，本公司应在实际可行范围内尽快，但在任何情况下不得迟于接获该换股通知后一(1)个营业日，以电邮方式向该等持有人发送一份确认已收到该换股通知的确认书 ，表明本公司将根据本协议的条款处理该换股通知。于换股确认日期后两(2)个营业日内，本公司应已将股份发行及以电子方式转让予票据持有人指定的经纪 。

附件D

格罗姆社会企业公司

军官证书

以下签名人，格伦·马克斯（Darren Marks），格罗姆社会企业公司首席执行官，一家佛罗里达公司（"

公司”），与 公司发行日期为2023年11月的该票据有关（以下简称“附注”），本金额为4，000，000美元，受益人为圣基茨和尼维斯公司Generating Alpha Ltd.（“投资者”），根据投资者与公司于2023年10月24日签署的特定证券购买协议，（以下简称“购买协议”），以个人身份并以公司管理人员的身份，特此声明、保证并证明：

1.借款人不是，也不是， 根据1933年《证券法》（“证券法”）颁布的规则144所述的空壳公司，也不是或曾经是通常理解的“空壳公司” ；

2.除非注明“不适用”，否则借款人应遵守经修订的1934年证券交易法（“交易法”）第13条或第15（d）条的报告要求。

3.借款人在过去的12个月内已按照《交易法》 关于提交报告的要求，按照《交易法》第13条或第15（d）条的规定， （如适用）提交了所有报告和其他材料，并且或已向交易所或反披露系统提交了所有此类 报告和信息，这些报告和信息将在所有公开报告中得到最新的。

4.上述附注中注明的原始债务和 上述附注的内容均准确，公司没有也不会收到向持有人发行的交换票据 的任何新对价。

5.借款人现在并将继续履行与其股票转让代理、美国证券交易委员会以及公司注册州的所有义务。持有人不是、也不是 公司的所有者、关联公司或10%或以上的股东，该术语由1933年《证券法》第144（a）条所定义。持有人， 不直接或间接通过一个或多个中间人控制公司、受公司控制或与公司共同控制。

6.与上述参考 备注、本函有关的任何和所有需要的批准，以获得我方转让代理的协助等，得出票据反映了，除其他事项外，转换权 我们否则提供给非关联债务持有人。

7.本人为本公司正式委任的行政总裁。

8.公司在 采购协议中作出的陈述和保证，截至本陈述日期，在所有重大方面均真实和正确。截至本协议日期，采购协议中描述的公司资本化 未发生变化。

9.截至本协议之日，公司已满足并正式履行 采购协议中规定的所有条件和义务，将在截止日期（见 采购协议中的定义）或之前满足，或此类条件和义务已由采购方签署书面明确放弃。

10.自公司向美国证券交易委员会提交的最新财务报表 之日起，公司的业务、事务、前景、 运营、财产、资产或状况未发生任何不利变化，但损失和不会单独或总体造成 重大不利影响的事项除外（定义见《购买协议》）。

11.本公司在其拥有或租赁物业或开展任何业务的所有司法管辖区 均具备外国公司资格，除非本公司不具备该资格不会 造成重大不利影响（见《采购协议》中的定义）。

12.本公司为营运公司，并非空壳公司。 如果该公司以前是空壳公司，则该公司已提交表格10资料（支持其不再是空壳公司的声称），报告其不再是空壳公司，并在提交表格10资料后至少连续12个月提交所有所需报告，并因此符合《上市规则》第144（i）（2）条。

13.截至本协议日期，公司有_可变证券持有人 （定义见证券购买协议）。

14.自截止日期（如购买协议中的定义）以来， 公司未向投资者以外的任何人发行任何可变证券。

15.他承认，他向投资者签署和签发该管理人员的 证书是投资者同意按照购买协议中规定的条款购买票据的重要诱因，并且如果没有他签署和签发该管理人员证书，投资者就不会从公司购买票据 。

本文中的陈述在任何票据或事项的发行或关闭后仍然有效 ，我将根据需要进行合作，以使您的权利生效并保护您的权利，包括转让代理，您可以依赖 这些承诺和陈述。

日期：2023年11月

OFFICER’S CERTIFICATE

The undersigned, Darren Marks, Chief Executive Officer of Grom Social Enterprises, Inc., a Florida corporation (“Company”), in connection with the issuance of that certain Note issued by the Company, dated as of November , 2023 (the “Note”) in the original principal amount of $4,000,000 in favor of Generating Alpha Ltd. a Saint Kitts and Nevis company (“Investor”), pursuant to that certain Securities Purchase Agreement dated as of October 24, 2023 between Investor and Company (the “Purchase Agreement”), personally and in his capacity as an officer of Company, hereby represents, warrants and certifies that:

1. Borrower is not, and has not been, a shell Company as described in Rule 144 promulgated with reference to the Securities Act of 1933, as amended (the "Securities Act") nor is or was a "shell" as otherwise commonly understood;

2. Borrower is, unless noted "Not Applicable," subject to the reporting requirements of Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

3. Borrower has to the extent it has been subject to Exchange Act requirements for filing reports, filed all reports and other materials required to be filed by Section 13 or 15(d) of the Exchange Act, as applicable, during the preceding 12 months and or has filed with the trading exchange or over the counter disclosure system all such reports and information to be deeded current in all public reporting.

4. The original Debts noted in the above referenced Note, and the contents of the above referenced Note are accurate and Company did not and will not receive any new consideration for the exchange note issued to Holder.

5. Borrower is now and will remain current with all obligations with its stock transfer agent and the U.S. Securities and Exchange Commission and the state of incorporation. Holder is not nor has been an owner, affiliate or 10% or greater shareholder of Company, as that term is defined by Rule 144(a) of the Securities Act of 1933. Holder, is not directly or indirectly through one or more intermediaries, in control of, controlled by, or under common control with Company.

6. Any and all approvals needed in relation to the above referenced Note, this letter, for the assistance of our transfer agent, etc., is obtained. The Note reflects, among other things, conversion rights we otherwise afford to the nonaffiliated debt holders.

7. I am the duly appointed Chief Executive Officer of the Company.

8. The representations and warranties made by the Company in the Purchase Agreement are true and correct in all material respects as of the date of this representation. The capitalization of the Company described in the Purchase Agreement has not changed as of the date hereof.

9. As of the date hereof, the Company has satisfied and duly performed all of the conditions and obligations specified the Purchase Agreement to be satisfied on or prior to the Closing Date (as defined in the Purchase Agreement) or such conditions and obligations have been waived expressly in writing signed by the purchaser.

10. There has been no adverse change in the business, affairs, prospects, operations, properties, assets or condition of the Company since the date of the Company’s most recent financial statements filed with the United States Securities and Exchange Commission, other than losses and matters which would not, individually or in the aggregate, have a Material Adverse Effect (as defined in the Purchase Agreement).

11. The Company is qualified as a foreign corporation in all jurisdictions in which the Company owns or leases properties, or conducts any business except where failure of the Company to be so qualified would not have a Material Adverse Effect (as defined in the Purchase Agreement).

12. The Company is an operating company, and is not a shell company. If the Company has previously been a shell company, it has since filed Form 10 information (supporting the claim that it is no longer a shell company), reported that it is no longer a shell company, filed all required reports for at least twelve consecutive months after the filing of the respective Form 10 information, and has therefore complied with Rule 144(i)(2).

13. As of the date hereof, Company has ____ Variable Security Holders (as defined in the Securities Purchase Agreement).

14. Since the Closing Date (as defined in the Purchase Agreement), Company has not made any Variable Security Issuances to anyone other than Investor.

15. He acknowledges that his execution and issuance of this Officer’s Certificate to Investor is a material inducement to Investor’s agreement to purchase the Note on the terms set forth in the Purchase Agreement and that but for his execution and issuance of this Officer’s Certificate, Investor would not have purchased the Note from Company.

Representations herein survive the issuance or closing of any instrument or matter, and I will cooperate as needed to give effect to and protect your rights including as to the transfer agent and you may rely upon these promises and representations.

Date: 11/__/2023

Very truly yours,

_____________________

Name: Darren Marks

Title: Chief Executive Officer