<SEC-DOCUMENT>0001663577-18-000212.txt : 20180508
<SEC-HEADER>0001663577-18-000212.hdr.sgml : 20180508
<ACCEPTANCE-DATETIME>20180508060510
ACCESSION NUMBER:		0001663577-18-000212
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180502
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180508
DATE AS OF CHANGE:		20180508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEANSPARK, INC.
		CENTRAL INDEX KEY:			0000827876
		STANDARD INDUSTRIAL CLASSIFICATION:	COGENERATION SERVICES & SMALL POWER PRODUCERS [4991]
		IRS NUMBER:				870449945
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-53498
		FILM NUMBER:		18812844

	BUSINESS ADDRESS:	
		STREET 1:		70 NORTH MAIN STREET, STE. 105
		CITY:			BOUNTIFUL
		STATE:			UT
		ZIP:			84010
		BUSINESS PHONE:		801-224-4405

	MAIL ADDRESS:	
		STREET 1:		70 NORTH MAIN STREET, STE. 105
		CITY:			BOUNTIFUL
		STATE:			UT
		ZIP:			84010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STRATEAN INC.
		DATE OF NAME CHANGE:	20141201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMARTDATA CORP
		DATE OF NAME CHANGE:	19880120
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>WASHINGTON, D.C. 20549<BR>
____________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center"><B>FORM 8-K</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) OF</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>THE SECURITIES EXCHANGE ACT OF 1934</B><BR>
<BR>
Date of Report (Date of earliest event reported): <B><U>May 2, 2018</U></B><BR>
<BR>
<B><U>CleanSpark, Inc.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; text-align: center"><B><U>Nevada</U></B></TD>
    <TD STYLE="width: 34%; text-align: center"><B><U>000-53498</U></B></TD>
    <TD STYLE="width: 33%; text-align: center"><B><U>87-0449945</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State or other jurisdiction of incorporation)</TD>
    <TD STYLE="text-align: center">(Commission File Number)</TD>
    <TD STYLE="text-align: center">(I.R.S. Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 67%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>70 North Main Street, Ste. 105</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>Bountiful, Utah</U></B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 33%; text-align: center"><B><U>84010</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">Registrant&rsquo;s telephone number, including area code: <B>(801)
244-4405</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <TD STYLE="width: 100%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">________________________________________________</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former name or former address, if changed since
        last report)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.05pt">[ ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written
communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-indent: 23.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.05pt">[ ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-indent: 23.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.05pt">[ ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-indent: 23.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 23.05pt">[ ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Emerging growth company [ ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. [ ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On May 2, 2018, CleanSpark, Inc. and Pioneer Custom Electric Products
Corp., a Nevada corporation and wholly-owned subsidiary of CleanSpark, Inc. (together, the &ldquo;Company&rdquo;), entered into
an Asset Purchase Agreement (the &ldquo;Purchase Agreement&rdquo;) with Pioneer Custom Electric Products Corp., a Delaware corporation
(the &ldquo;Seller&rdquo;). The closing of the transactions contemplated by the Purchase Agreement is expected to occur prior to
June 30, 2018 (the &ldquo;Closing Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On the Closing Date, pursuant to the Purchase Agreement, the Company
will acquire all the assets (the &ldquo;Assets&rdquo;) and assume certain liabilities (the &ldquo;Assumed Liabilities&rdquo;) related
to Seller and its line of business. The Assets the Company purchased from Seller include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: square">

<LI STYLE="margin: 0">All accounts receivable held by the Seller at Closing, less appropriate allowance for doubtful accounts;</LI>

<LI STYLE="margin: 0">All trade accounts payable and accrued liabilities held by the Company at Closing;</LI>

<LI STYLE="margin: 0">All inventory held by the Seller at Closing;</LI>

<LI STYLE="margin: 0">Small tools;</LI>

<LI STYLE="margin: 0">Furniture and fixtures; and</LI>

<LI STYLE="margin: 0">Fee-Free license agreement for use of the Seller&rsquo;s brand name; and</LI>

<LI STYLE="margin: 0">All purchase orders, customer contracts, and client list(s).</LI>

</UL>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We agreed to assume the Assumed Liabilities under the Purchase Agreement,
including, among others, all trade accounts of the Seller that remain unpaid as of the Closing Date, all liabilities under the
assumed contracts, and all liabilities associated with the Assets post-Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company intends to strategically use the assets to increase
its impact in the Microgrid market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In exchange for the Assets, the Seller shall receive the following
consideration on the Closing Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: square">

<LI STYLE="margin: 0">an 18-month promissory note in the principal amount equal to the net carrying value of the current assets
and liabilities of the business at the Closing;</LI>

<LI STYLE="margin: 0">an equipment lease agreement, which shall provide for the lease of the equipment from Seller to the Company;</LI>

<LI STYLE="margin: 0">7,000,000 shares of Purchaser Common Stock based on an agreed upon value of $0.80 per share, for a total
agreed upon value of $5,600,000;</LI>

<LI STYLE="margin: 0">a five-year warrant to purchase 1,000,000 shares of the Company&rsquo;s Common Stock at an exercise price
of $1.60 per share; and</LI>

<LI STYLE="margin: 0">a five-year warrant to purchase 1,000,000 shares of the Company&rsquo;s Common Stock at an exercise price</LI>

<LI STYLE="margin: 0">of $2.00 per share.</LI>

</UL>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Purchase Agreement contains customary representations, warranties
and covenants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The foregoing description of the Purchase Agreement does not purport
to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Purchase Agreement, which
is filed as Exhibit 2.1 hereto and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Purchase Agreement has been included solely to provide investors
and security holders with information regarding its terms. It is not intended to be a source of financial, business or operational
information, or to provide any other factual information, about the Assets, the Company or Seller. The representations, warranties
and covenants contained in the Purchase Agreement are made only for purposes of the Purchase Agreement and are made as of specific
dates; are solely for the benefit of the parties (except as specifically set forth therein); may be subject to qualifications and
limitations agreed upon by the parties in connection with negotiating the terms of the Purchase Agreement, including being qualified
by confidential disclosures made for the purpose of allocating contractual risk between the parties, instead of establishing matters
as facts; and may be subject to standards of materiality and knowledge applicable to the contracting parties that differ from those
applicable to investors or security holders. Investors and security holders should not rely on the representations, warranties
and covenants or any description thereof as characterizations of the actual state of facts or condition of the Assets, the Company
or Seller. Moreover, information concerning the subject matter of the representations, warranties and covenants may change after
the date of the Purchase Agreement, as applicable, which subsequent information may or may not be fully reflected in public disclosures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>SECTION 8 &ndash; OTHER EVENTS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>Item
8.01 Other Events</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 3, 2018, we issued a press release concerning
the acquisition of assets of Seller. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The information in Item 8.01 of this Current
Report on Form 8-K (including Exhibit 99.1) shall not be deemed &ldquo;filed&rdquo; for purposes of Section 18 of the Securities
Exchange Act of 1934 (the &ldquo;Exchange Act&rdquo;) or otherwise subject to the liabilities of that section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth
by specific reference in such a filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>SECTION 9 &ndash; <FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Financial
Statements and Exhibits</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase"><B>Item 9.01 Financial Statements
and Exhibits. </B></FONT></P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font: 10pt Courier New, Courier, Monospace"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Exhibit No.</B></FONT></TD>
    <TD STYLE="width: 85%; font: 10pt Courier New, Courier, Monospace"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Description</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Courier New, Courier, Monospace"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1</FONT></TD>
    <TD STYLE="font: 10pt Courier New, Courier, Monospace"><A HREF="ex2_1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif">Asset Purchase Agreement, dated May 2, 2018</FONT></A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Courier New, Courier, Monospace"><FONT STYLE="font-family: Times New Roman, Times, Serif">99.1</FONT></TD>
    <TD STYLE="font: 10pt Courier New, Courier, Monospace"><A HREF="ex99_1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif">Press Release, dated May 3, 2018</FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-indent: 54.75pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>CleanSpark, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0; text-indent: 0.5in"><U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>/s/ Zachary Bradford</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Zachary Bradford<BR>
CFO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: May 8, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>



<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<DIV STYLE="padding: 0in 0in 31pt; border-top: Black 1.5pt double; border-bottom: Black 1.5pt double">

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ASSET PURCHASE AGREEMENT</B><BR>
<BR>
<B>by and between</B><BR>
<BR>
<FONT STYLE="font-variant: small-caps"><B>CLEANSPARK, INC.</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>and</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>pioneer
CUSTOM ELECTRIC PRODUCTS CORP.</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 60pt; text-align: center">May 2, 2018</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="width: 80%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE I PURCHASE AND SALE OF ASSETS AND ASSUMPTION OF LIABILITIES</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 12pt; padding-bottom: 6pt">1</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.1.&nbsp;&nbsp;&nbsp;Acquired Assets</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">1</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.2.&nbsp;&nbsp;&nbsp;Excluded Assets</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">2</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.3.&nbsp;&nbsp;&nbsp;Assumed Liabilities</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">3</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.4.&nbsp;&nbsp;&nbsp;Excluded Liabilities</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">3</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.5.&nbsp;&nbsp;&nbsp;Payment of Purchase Price</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">4</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.6.&nbsp;&nbsp;&nbsp;[Final Determination of Net Value</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">5</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.7.&nbsp;&nbsp;&nbsp;Allocation of Purchase Price</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">5</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">1.8.&nbsp;&nbsp;&nbsp;Withholding</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE II CLOSING</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">2.1.&nbsp;&nbsp;&nbsp;The Closing</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">2.2.&nbsp;&nbsp;&nbsp;Deliveries by Seller</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">2.3.&nbsp;&nbsp;&nbsp;Deliveries by Purchaser</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">7</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">2.4.&nbsp;&nbsp;&nbsp;Conditions to Purchaser&rsquo;s Obligation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">7</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">2.5.&nbsp;&nbsp;&nbsp;Conditions to Seller&rsquo;s Obligations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">8</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">8</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.1.&nbsp;&nbsp;&nbsp;Organization and Corporate Power</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">9</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.2.&nbsp;&nbsp;&nbsp;Due Authorization</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">9</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.3.&nbsp;&nbsp;&nbsp;No Violation; Consents</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">9</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.4.&nbsp;&nbsp;&nbsp;Material Contracts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">10</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.5.&nbsp;&nbsp;&nbsp;Financial Statements;</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">10</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.6.&nbsp;&nbsp;&nbsp;Absence of Undisclosed Liabilities</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">11</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.7.&nbsp;&nbsp;&nbsp;Absence of Certain Developments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">11</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.8.&nbsp;&nbsp;&nbsp;Tangible Assets</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">11</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.9.&nbsp;&nbsp;&nbsp;Intellectual Property</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">11</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.10.&nbsp;&nbsp;&nbsp;Compliance with Laws and Regulations; Permits</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.11.&nbsp;&nbsp;&nbsp;Litigation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.12.&nbsp;&nbsp;&nbsp;[Reserved]</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.13.&nbsp;&nbsp;&nbsp;Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.14.&nbsp;&nbsp;&nbsp;Entire Interest; All Assets</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.15.&nbsp;&nbsp;&nbsp;Financial Advisors/Broker Fees</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">3.16.&nbsp;&nbsp;&nbsp;Customers and Suppliers</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PURCHASER</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.1.&nbsp;&nbsp;&nbsp;Organization and Corporate Power</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.2.&nbsp;&nbsp;&nbsp;Capital Structure</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.3.&nbsp;&nbsp;&nbsp;Authorization</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.4.&nbsp;&nbsp;&nbsp;Governmental Consents</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.5.&nbsp;&nbsp;&nbsp;No Breach</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.6.&nbsp;&nbsp;&nbsp;SEC Filings; Financial Statements; Undisclosed Liabilities.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.7.&nbsp;&nbsp;&nbsp;Absence of Certain Developments.</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">18</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.8.&nbsp;&nbsp;&nbsp;Compliance with Laws and Regulations; Permits</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">18</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.9.&nbsp;&nbsp;&nbsp;Financial Advisors; Broker Fees</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">19</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.10.&nbsp;&nbsp;&nbsp;Litigation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">19</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">4.11.&nbsp;&nbsp;&nbsp;No Integrated Offering</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">19</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE V COVENANTS AND AGREEMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.1.&nbsp;&nbsp;&nbsp;Conduct of the Business</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.2.&nbsp;&nbsp;&nbsp;Public Statements</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.3.&nbsp;&nbsp;&nbsp;Consents Not Obtained at Closing</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.4.&nbsp;&nbsp;&nbsp;Cooperation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.5.&nbsp;&nbsp;&nbsp;Commercially Reasonable Efforts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.6.&nbsp;&nbsp;&nbsp;Specific Performance</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.7.&nbsp;&nbsp;&nbsp;Further Assurances</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.8.&nbsp;&nbsp;&nbsp;Access to Books and Records</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.9.&nbsp;&nbsp;&nbsp;Confidentiality</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.10.&nbsp;&nbsp;&nbsp;Receivables</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">22</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.11.&nbsp;&nbsp;&nbsp;Employees</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">22</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.12.&nbsp;&nbsp;&nbsp;Governmental Approvals and Consents</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">22</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">5.13.&nbsp;&nbsp;&nbsp;Integration</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">23</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE VI SURVIVAL; INDEMNIFICATION</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">23</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.1.&nbsp;&nbsp;&nbsp;Survival</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">23</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.2.&nbsp;&nbsp;&nbsp;Indemnification by Seller</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">23</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.3.&nbsp;&nbsp;&nbsp;Indemnification by Purchaser</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.4.&nbsp;&nbsp;&nbsp;Limitations on Indemnification Obligations</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.5.&nbsp;&nbsp;&nbsp;Indemnification Procedures</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.6.&nbsp;&nbsp;&nbsp;Calculation of Indemnity Payments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">26</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.7.&nbsp;&nbsp;&nbsp;Right of Setoff</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">26</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.8.&nbsp;&nbsp;&nbsp;Tax Treatment of Indemnity Payments</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">6.9.&nbsp;&nbsp;&nbsp;Expiration of Claims</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE VII TAX MATTERS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">7.1.&nbsp;&nbsp;&nbsp;Filing of Tax Returns</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">7.2.&nbsp;&nbsp;&nbsp;Allocation of Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">7.3.&nbsp;&nbsp;&nbsp;Cooperation on Tax Matters</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">28</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">7.4.&nbsp;&nbsp;&nbsp;Transfer Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">28</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">7.5.&nbsp;&nbsp;&nbsp;Tax Refunds</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">28</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE VIII TERMINATION</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">8.1.&nbsp;&nbsp;&nbsp;This Agreement may be terminated at any time prior to the Closing:</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">8.2.&nbsp;&nbsp;&nbsp;Effect of Termination</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE IX MISCELLANEOUS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">30</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.1.&nbsp;&nbsp;&nbsp;Expenses</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">30</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.2.&nbsp;&nbsp;&nbsp;Bulk Sales Laws</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">30</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.3.&nbsp;&nbsp;&nbsp;Notices</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">30</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.4.&nbsp;&nbsp;&nbsp;Successors and Assigns</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.5.&nbsp;&nbsp;&nbsp;Entire Agreement; Modification</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.6.&nbsp;&nbsp;&nbsp;Section&nbsp;and Other Headings</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.7.&nbsp;&nbsp;&nbsp;Governing Law</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.8.&nbsp;&nbsp;&nbsp;Counterparts</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.9.&nbsp;&nbsp;&nbsp;Further Assurances</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.10.&nbsp;&nbsp;&nbsp;Severability</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.11.&nbsp;&nbsp;&nbsp;No Third Party Beneficiaries</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.12.&nbsp;&nbsp;&nbsp;Consent to Jurisdiction</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.13.&nbsp;&nbsp;&nbsp;Construction</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">9.14.&nbsp;&nbsp;&nbsp;Interpretation</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.75in; padding-top: 12pt; padding-bottom: 6pt; padding-left: 0.75in">ARTICLE X DEFINITIONS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 6pt">33</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">10.1.&nbsp;&nbsp;&nbsp;Definitions</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">33</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1.25in">10.2.&nbsp;&nbsp;&nbsp;Other Defined Terms</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt">38</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><U>Exhibits</U>:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Exhibit A&#9;Form of Promissory Note</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Exhibit B&#9;Form of Equipment Lease Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Exhibit C&#9;Form of $1.60 Warrant</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Exhibit D&#9;Form of $2.00 Warrant</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Exhibit E&#9;Form of Bill of Sale</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-transform: uppercase; text-align: center"><U>ASSET
PURCHASE AGREEMENT</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This ASSET PURCHASE
AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;) dated as of May 2, 2018, is by and between CLEANSPARK, INC., a Nevada corporation
(&ldquo;<U>Purchaser</U>&rdquo;), and PIONEER CUSTOM ELECTRIC PRODUCTS CORP., a Delaware corporation (&ldquo;<U>Seller</U>&rdquo;).
Purchaser and Seller are referred to collectively herein as the &ldquo;<U>Parties</U>&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">WHEREAS, Purchaser
desires to acquire the Acquired Assets (as defined below) from Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">WHEREAS, Seller
desires to sell to Purchaser (or Pioneer Custom Electric Products Corp., a Nevada corporation and wholly owned subsidiary of Purchaser,
&ldquo;<U>Purchaser Sub</U>&rdquo;) such Acquired Assets, all as more particularly set forth in this Agreement; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">WHEREAS, in consideration
of such sale and certain related non-competition agreements set forth herein, Purchaser will deliver to Seller the Transaction
Payments (as defined below), as more particularly set forth in this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">NOW, THEREFORE,
in consideration of the premises and the mutual promises herein made, and in consideration of the representations, warranties,
and covenants herein contained, the Parties agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
I<BR>
<BR>
PURCHASE AND SALE OF ASSETS AND ASSUMPTION OF LIABILITIES</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Acquired Assets</U>. Subject to the terms and conditions of this Agreement, at the Closing, Seller shall sell, assign,
transfer, convey and deliver to Purchaser (or Purchaser Sub), and Purchaser shall purchase, acquire and take, or cause to be purchased,
acquired and taken, assignment and delivery of all of the assets owned, leased or licensed by or to Seller (wherever located) that
are primarily used in, or primarily related to, the Business, except for the Excluded Assets (all of the assets sold, assigned,
transferred and delivered to Purchaser hereunder are referred to collectively herein as the &ldquo;<U>Acquired Assets</U>&rdquo;),
free and clear of all Liens. The Acquired Assets include, all of Seller&rsquo;s right, title and interest in and to the following
that are used in, or related to, the Business:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Assumed Contracts</U>. All Contracts set forth on <U>Schedule&nbsp;1.1(a)</U> (collectively, the &ldquo;<U>Assumed Contracts</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Inventories</U>. All products, parts, supplies, materials and other inventories (wherever located), as of the Closing
Date and to the extent primarily relating to the Business, including all raw materials, work in process and finished goods inventories,
and specifically including those items described on <U>Schedule&nbsp;1.1(b)</U>&nbsp;(the &ldquo;<U>Inventories</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Books and Records</U>. Those books and records primarily related to the Acquired Assets set forth on <U>Schedule 1.1(c)
</U>(the &ldquo;<U>Acquired Records</U>&rdquo;);</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Marketing Materials</U>. All email contact lists and any other marketing data and other information related to the Business;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Intellectual Property</U>. All Intellectual Property described on <U>Schedule 1.1(e)</U> (the &ldquo;<U>Business Intellectual
Property</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Permits</U>. All registrations, licenses, permits, registrations, certifications, variances, waivers, interim permits,
permit applications, approvals or other authorizations under any Law (the &ldquo;<U>Permits</U>&rdquo;), obtained by Seller or
any Professional that are exclusively used in, or exclusively related to, the Business;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Personal Property</U>. All tangible personal property (other than the Equipment), including all supplies, spare parts,
tools, leasehold improvements, furniture, furnishings, software, and hardware, used, held for use or intended to be used in the
operation of the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Accounts Receivable</U>. All accounts receivable, trade receivable, notes receivable and other receivables of Seller.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Causes of Action</U>. All rights, claims or causes of action of Seller against third parties in respect of any of the
Acquired Assets described in <U>clauses (a)</U> through <U>(h)</U> above; <U>provided</U>, <U>however</U>, that such claims or
rights shall not include any claims, causes of action, defenses and rights of offset or counterclaim relating to the Excluded Assets;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Assigned </U>Leases. All of Seller&rsquo;s right, title and interest in and to those real property leases of the Business
set forth on <U>Schedule 1.1(j)</U>, including, without limitation, that certain Air Commercial Real Estate Association Standard
Industrial/Commercial Single-Tenant Lease, dated as of March 9, 2018, by and between Seller and Pico Metal Products, Inc. (the
&ldquo;<U>Assigned Leases</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(k)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Vehicles</U>. All lift trucks, boom trucks, tractors, delivery trucks and other trucks, trailers automobiles and other
vehicles necessary to operate the Business; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(l)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <U>Other Assets</U>. All other assets not specifically enumerated in this <U>Section 1.1</U>, but otherwise solely and
primarily related to the operation of the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Excluded Assets</U>. The following assets of Seller shall be retained by Seller and are not being sold or assigned to
Purchaser hereunder (all of the following are referred to collectively as the &ldquo;<U>Excluded Assets</U>&rdquo;):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Excluded Contracts</U>. All Contracts to which Seller is a party or by which Seller is bound (other than the Assumed
Contracts);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Cash</U>. All Cash, bank accounts and lockboxes;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Records</U>. Other than the Acquired Records, all records and other protected business information of Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Insurance Policies</U>. All insurance policies of Seller and prepaid expenses associated therewith;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Corporate Records</U>. Seller&rsquo;s Certificate of Incorporation, qualifications to conduct business as a foreign corporation,
arrangements with registered agents relating to foreign qualifications, taxpayer and other identification numbers, seals, minute
books, stock transfer books, blank stock certificates, all of Seller&rsquo;s Tax Returns and books and records relating to Seller&rsquo;s
Tax Returns or otherwise relating to Tax matters of Seller, for all periods and other documents relating to the organization, maintenance,
and existence of Seller as a corporation;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Rights Under Agreement</U>. Any of the rights of Seller under this Agreement (or under any other agreement between Seller
on the one hand and Purchaser on the other hand entered into on or after the date of this Agreement);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Tax Refunds</U>. All rights and interest in any refund of Taxes to the extent such refund of Taxes is for the benefit
of Seller under <U>Section 7.4</U>;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Real Property</U>. All of Seller&rsquo;s right, title and interest in and to any owned real property and any leased real
property, other than the Assigned Leases;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Deposits and Prepaid Items</U>. All deposits and advances, prepaid expenses and other prepaid items of Seller, but not
including any prepaid Taxes; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Other Excluded Assets</U>. All of Seller&rsquo;s right, title and interest in and to all of its other assets (except
for the Acquired Assets).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Assumed Liabilities</U>. Subject to the terms and conditions set forth herein, Purchaser shall assume and agree to pay,
perform and discharge when due any and all liabilities and obligations of Seller arising out of or relating to the Business or
the Purchased Assets on or after the Closing, other than the Excluded Liabilities (collectively, the &ldquo;<U>Assumed Liabilities</U>&rdquo;),
including, without limitation, the following.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all trade accounts payable of Seller to third parties in connection with the Business that remain unpaid as of the Closing
Date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all liabilities and obligations arising under or relating to the Assumed Contracts;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all liabilities and obligations of Purchaser or its Affiliates relating to employee benefits, compensation or other arrangements
with respect to any Transferred Employee arising on or after the Closing;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all liabilities and obligations for (i) Taxes relating to the Business, the Acquired Assets or the Assumed Liabilities for
any taxable period ending after the Closing Date and (ii) Taxes for which Purchaser is liable pursuant to Article VII;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>all other liabilities and obligations arising out of or relating to Purchaser's ownership or operation of the Business and
the Acquired Assets on or after the Closing</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Excluded Liabilities</U>. Purchaser shall not assume and shall not be responsible to pay, perform or discharge any of
the following liabilities or obligations of Seller (collectively, the &ldquo;<U>Excluded Liabilities</U>&rdquo;):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any liabilities or obligations arising out of or relating to Seller's ownership or operation of the Business and the Acquired
Assets prior to the Closing Date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any liabilities or obligations relating to or arising out of the Excluded Assets;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any Excluded Taxes;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>except as specifically provided in <U>Section 5.11</U>, any liabilities or obligations of Seller relating to or arising
out of (i) the employment, or termination of employment, of any Employee prior to the Closing, or (ii) workers' compensation claims
of any Employee which relate to events occurring prior to the Closing Date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any liabilities or obligations of Seller arising or incurred in connection with the negotiation, preparation, investigation
and performance of this Agreement, the Related Agreements and the transactions contemplated hereby and thereby, including, without
limitation, fees and expenses of counsel, accountants, consultants, advisers and others; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black">(f)<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT>all liabilities arising out of pending lawsuits against Seller, including, but not limited to, the pending lawsuit
of Myers Power Products, Inc. v. Pioneer Power Solutions, Inc., Pioneer Custom Electrical Products, Corp., et al., Los Angeles
County Superior Court Case No. BC606546 (&ldquo;<U>Myers Power Case</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Payment of Purchase Price</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For purposes of this Agreement, the &ldquo;<U>Purchase Price</U>&rdquo; shall be comprised of:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>an 18-month promissory note in the principal amount equal to the net carrying value of the current assets and liabilities
of the Business at the Closing (the &ldquo;<U>Net Value</U>&rdquo;), in substantially the form attached hereto as <U>Exhibit A</U>
(the &ldquo;<U>Note</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>an equipment lease agreement in substantially the form attached hereto as <U>Exhibit B</U>, which shall provide for the
lease of the Equipment from Seller to Purchaser (the &ldquo;<U>Equipment Lease</U>);</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>7,000,000 shares of Purchaser Common Stock based on an agreed upon value of $0.80 per share, for a total agreed upon value
of $5,600,000 (the &ldquo;<U>Shares</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a five-year warrant to purchase 1,000,000 shares (the &ldquo;<U>$1.60 Warrant Shares</U>&rdquo;) of Purchaser Common Stock
at an exercise price of $1.60 per share, in substantially the form attached hereto as <U>Exhibit C</U> (the &ldquo;<U>$1.60 Warrant</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a five-year warrant to purchase 1,000,000 shares (together with the $1.60 Warrant Shares, the &ldquo;<U>Warrant Shares</U>&rdquo;)
of Purchaser Common Stock at an exercise price of $2.00 per share, in substantially the form attached hereto as <U>Exhibit D</U>
(the &ldquo;<U>$2.00 Warrant</U>&rdquo; and together with the $1.60 Warrant, the &ldquo;<U>Warrants</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>As of March 31, 2018, the Net Value is estimated to be $1,686,063. The final Net Value shall be determined following the
Closing Date in accordance with <U>Section 1.6</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.6.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black"><U>Final Determination of Net Value</U></FONT>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>By not later than thirty (30) calendar days after the Closing, Purchaser shall deliver to Seller a statement setting forth
Purchaser&rsquo;s calculation of the Net Value as of the Closing (the &ldquo;<U>Net Value Statement</U>&rdquo;), in each case,
together with reasonable supporting detail.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Following Seller&rsquo;s receipt of Purchaser&rsquo;s Net Value Statement and until the Net Value is finally determined
pursuant to this <U>Section&nbsp;1.6</U>, Seller and its representatives shall be permitted to review Purchaser&rsquo;s books and
records related to the Business and working papers related to Purchaser&rsquo;s Net Value Statement, and Purchaser shall provide
Seller and its respective representatives with reasonable access to Purchaser&rsquo;s personnel, books and records related to the
Business in connection with such review during the 30 day period following Purchaser&rsquo;s delivery thereof to Seller. The Net
Value Statement delivered by Purchaser shall become final and binding on the parties thirty (30) days following Purchaser&rsquo;s
delivery thereof to Seller unless Seller delivers written notice of its disagreement (&ldquo;<U>Notice of Disagreement</U>&rdquo;)
to Purchaser on or prior to such date. If a timely Notice of Disagreement is delivered by Seller, then the Net Value Statement
shall become final and binding on the parties on the earlier of (x) the date Purchaser and Seller resolve in writing any differences
they have with respect to the matters specified in the Notice of Disagreement, and (y) the date all matters in dispute are finally
resolved in writing by the Firm.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>During the thirty (30) days following delivery of a Notice of Disagreement, Purchaser and Seller shall seek in good faith
to resolve in writing any differences which they may have with respect to the matters specified in the Notice of Disagreement.
At the end of such 30-day period, Purchaser and Seller shall submit such dispute to the Firm for resolution of all matters which
remain in dispute which were included in the Notice of Disagreement (and shall take all actions reasonably requested by the Firm
in connection with such resolution, including submitting written claims to the Firm if so requested), and the Firm shall make a
final determination of the Net Value as of the Closing, in accordance with the terms of this Agreement (with it being understood
that the parties will request that the Firm deliver to the parties its resolution in writing not more than thirty (30) days after
its engagement). The Firm shall make a determination only with respect to the matters still in dispute and, with respect to each
such matter, its determination shall be within the range of the dispute between Purchaser in the Net Value Statement and Seller
in the Notice of Disagreement.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">1.7.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Allocation of Purchase Price</U>. Within ninety (90) days of the Closing Date, Purchaser shall provide to Seller a schedule
allocating the Purchase Price among the Acquired Assets provided for in (the &ldquo;<U>Purchase Price Allocation Schedule</U>&rdquo;).
The Purchase Price Allocation Schedule shall be prepared by Purchaser in accordance with the Code and the methodologies set forth
on <U>Schedule 1.7</U>. If within thirty (30) days of receiving the Purchase Price Allocation Schedule, Seller has not objected,
the Purchase Price Allocation Schedule shall be final and binding. If within thirty (30) days of receiving the Purchase Price Allocation
Schedule, Seller objects to the Purchase Price Allocation Schedule, Purchaser will work in good faith with Seller to resolve any
objections of Seller; provided that if after thirty (30) days, Seller and Purchaser are unable to agree, Purchaser will prepare
a final Purchase Price Allocation Schedule consistent with the methodologies set forth on <U>Schedule 1.7</U>. The Parties shall
make appropriate adjustments to the Purchase Price Allocation Schedule to reflect adjustments to the Purchase Price. The Parties
agree, for all Tax reporting purposes, to report the transactions contemplated by this Agreement in accordance with the Purchase
Price Allocation Schedule, as finally determined, and to not take any position during the course of any audit or other proceeding
inconsistent with the Purchase Price Allocation Schedule, as finally determined, unless required by applicable Law or a determination
of the applicable Governmental Authority that is final.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
II<BR>
<BR>
CLOSING</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">2.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>The Closing</U>. Upon the terms and subject to the satisfaction of the conditions contained in this Agreement, the closing
(&ldquo;<U>Closing</U>&rdquo;) of the sale and purchase of the Acquired Assets contemplated hereby shall take place on the third
Business Day following the day on which the last of the conditions set forth in <U>Section 2.4</U> or <U>Section 2.5</U>, as applicable,
to be satisfied or waived (other than those conditions that by their nature are to be satisfied at the Closing, but subject to
the fulfillment or waiver of those conditions) will be satisfied or waived in accordance with this Agreement. The Closing shall
take place at the offices of Haynes and Boone LLP, 30 Rockefeller Plaza, 26<SUP>th</SUP> Floor, New York, New York 10112, at 10:00&nbsp;a.m.,
local time. The day of Closing is referred to hereinafter as the &ldquo;<U>Closing Date</U>.&rdquo;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">2.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Deliveries by Seller</U>. At the Closing, Seller shall deliver to Purchaser the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a bill of sale in substantially the form attached hereto as <U>Exhibit E</U> (the &ldquo;<U>Bill of Sale</U>&rdquo;), duly
executed by Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Equipment Lease, duly executed by Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>evidence, in form and substance reasonably satisfactory to Purchaser, that all consents, notices and authorizations necessary
to transfer the Acquired Assets to Purchaser have been obtained or given;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>assignment agreements for the transfer of all Business Intellectual Property, including assignments of any patented or registered
Business Intellectual Property and any applications therefor;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>other instruments of transfer reasonably required by Purchaser to evidence the transfer of the Acquired Assets to Purchaser,
in each case duly executed by Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of Seller&rsquo;s secretary certifying (i)&nbsp;resolutions of the board of directors of Seller and resolutions
of the equityholders of Seller approving this Agreement and the transactions contemplated hereby and (ii)&nbsp;the bylaws of Seller,
as amended and/or restated;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a copy of Seller&rsquo;s Certificate of Incorporation, certified as of a recent date by the Secretary of State of Delaware;
and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of good standing or comparable certificate for Seller as of a recent date from the Secretary of State of the
State of Delaware.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">2.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Deliveries by Purchaser</U>. At the Closing, Purchaser shall deliver to Seller the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Note, duly executed by Purchaser;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the $1.60 Warrant, duly executed by Purchaser;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the $2.00 Warrant, duly executed by Purchaser</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Bill of Sale, duly executed by Purchaser;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Equipment Lease, duly executed by Purchaser;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of Purchaser&rsquo;s secretary certifying (i)&nbsp;resolutions of the board of directors of Purchaser and
resolutions of the equityholders of Purchaser, to the extent required by applicable Law, approving this Agreement and the transactions
contemplated hereby and (ii)&nbsp;the bylaws of Purchaser, as amended and/or restated;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a copy of each of Purchaser&rsquo;s and Purchaser Sub&rsquo;s Articles of Incorporation, certified by the Secretary of State
of the State of Nevada; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>a certificate of good standing for each of Purchaser and Purchaser Sub as of a recent date from the Secretary of State of
the State of Nevada.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">2.4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Conditions to Purchaser&rsquo;s Obligation</U>. The obligation of Purchaser to consummate the transactions contemplated
by this Agreement is subject to the satisfaction of the following conditions as of the Closing:</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>(i) Except for the representations and warranties in <U>Section 3.2</U> (Due Authorization) and <U>Section 3.15</U> (Financial
Advisors/Brokers Fees), the representations and warranties of Seller set forth in this Agreement shall be true and correct in all
respects as of the date of this Agreement and as of and as though made on the Closing Date (except for any representations and
warranties that are expressly stated to have been made as of a specified date prior to the date of this Agreement, which shall
have been true and correct as of such specified date); provided, however, that for purposes of determining the satisfaction of
this condition, no effect shall be given to any exception in such representations and warranties relating to materiality or a Seller
Material Adverse Effect, and instead, for purposes of this condition, such representations and warranties shall be deemed to be
true and correct in all respects unless the failure or failures of such representations and warranties to be so true and correct,
individually or in the aggregate, has had or is reasonably likely to have a Seller Material Adverse Effect; (ii) the representations
and warranties in Section 3.2 (Due Authorization) shall be true and correct in all material respects as of the date of this Agreement
and as of and as though made on the Closing Date (except for any representations and warranties that are expressly stated to have
been made as of a specified date prior to the date of this Agreement, which shall have been true and correct as of such specified
date); and (iii) the representations and warranties in Section 3.15 (Financial Advisors/Brokers Fees) shall be true and correct
in all respects as of the date of this Agreement and as of and as though made on the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller shall have performed in all material respects all of the covenants and agreements required to be performed by Seller
under this Agreement at or prior to the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Since the date of this Agreement, there will not have occurred or arisen any change, effect, fact, condition, circumstance,
occurrence, state of facts or development, nor will there exist any change, effect, fact, condition, circumstance, occurrence,
state of facts or development, which, individually or in the aggregate, have resulted, or would reasonably be expected to result,
in a Seller Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No action or proceeding by or before any Governmental Authority shall be pending wherein an unfavorable judgment, decree
or order would prevent the consummation of the transactions contemplated hereby or cause such transactions to be rescinded, and
no judgment, decree, order or Applicable Law that would prohibit the consummation of the Closing shall be in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller shall have delivered to Purchaser the deliverables set forth in <U>Section 2.2(a)-(h)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">2.5.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Conditions to Seller&rsquo;s Obligations</U>. The obligation of Seller to consummate the transactions contemplated by
this Agreement is subject to the satisfaction of the following conditions as of the Closing:</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The representations and warranties of Purchaser set forth in <U>Article IV</U> hereof shall be true and correct in all material
respects as of the Closing Date as though made on and as of the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser shall have performed in all material respects all of the covenants and agreements required to be performed by
it under this Agreement at or prior to the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No action or proceeding by or before any Governmental Authority shall be pending wherein an unfavorable judgment, decree
or order would prevent the consummation of the transactions contemplated hereby or cause such transactions to be rescinded, and
no judgment, decree, order or applicable Law that would prohibit the consummation of the Closing shall be in effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser shall have delivered to Seller the deliverables set forth in <U>Section 2.3(a)-(h)</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
III<BR>
<BR>
REPRESENTATIONS AND WARRANTIES OF SELLER</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Except as set forth
in the Pioneer Reports filed with the SEC since January 1, 2017 and publicly available prior to the date of this Agreement (excluding,
in each case, any disclosures set forth in any risk factors section or in any other section to the extent they are forward-looking
statements or cautionary, predictive or forward-looking in nature) or in the corresponding sections or subsections of the disclosure
schedule in agreed form delivered to Purchaser by Seller contemporaneously with this Agreement (the &ldquo;<U>Disclosure Schedule</U>&rdquo;),
Seller hereby represents and warrants to Purchaser as follows::</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Organization and Corporate Power</U>. Seller is a corporation duly organized, validly existing and in good standing under
the Laws of Delaware. Seller is duly qualified to do business as a foreign corporation and is in good standing in all jurisdictions
where the failure to so qualify or be in good standing would result in a Seller Material Adverse Effect. Seller has full corporate
power and authority to execute, deliver and perform this Agreement, the Related Agreements and all other instruments, agreements,
certificates and documents contemplated hereby and thereby, and to consummate the transactions contemplated hereby and thereby
and to carry on the Business as conducted at the present time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Due Authorization</U>. This Agreement and the Related Agreements have been duly authorized, executed and delivered by
Seller and constitute or, when executed will constitute, a valid and legally binding agreement of Seller, enforceable in accordance
with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar Laws relating to or affecting creditors&rsquo; rights generally or general principles of equity (regardless of whether
enforcement is sought in a proceeding in equity or at law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Violation; Consents</U>.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as set forth on <U>Schedule 3.3(a)</U>, the execution, delivery and performance by Seller of this Agreement, the
Related Agreements or any other instruments, agreements, certificates and documents contemplated hereby or thereby do not and will
not (i)&nbsp;violate any Order applicable to Seller, any of the Acquired Assets, or the Business; (ii)&nbsp;violate any Law; (iii)&nbsp;violate
or conflict with, result in a breach of, constitute a default (or an event which, with or without notice or lapse of time or both,
would constitute a default) under, permit cancellation of, or result in the creation of any Lien upon any of the Acquired Assets
under, any Contract to which Seller is a party or by which Seller or any of the Acquired Assets are bound; (iv)&nbsp;permit the
acceleration of the maturity of any Indebtedness of Seller related to the Business or Indebtedness secured by the Acquired Assets;
or (v)&nbsp;violate or conflict with any provision of the Certificate of Incorporation or bylaws of Seller.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except for as would not individually, or in the aggregate, be reasonably likely to have a Seller Material Adverse Effect,
no consents or approvals of, or filings or registrations by Seller with, any Governmental Authority or any other Person not a Party
are necessary in connection with the execution, delivery and performance of this Agreement, the Related Agreements or the other
instruments, agreements, certificates and documents contemplated hereby or thereby by Seller and the consummation by Seller of
the transactions contemplated hereby and thereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has not breached any provision of, nor is it in default under the terms of, any Contract to which it is a party or
under which it has any rights or by which it is bound which primarily relates to the Business or the Acquired Assets, which breach
or default would give the other party to such Contract the right to cancel or terminate such contract or accelerate performance
of Seller&rsquo;s obligations thereunder, and to Seller&rsquo;s Knowledge, no other party to any such Contract has breached such
Contract or is in default thereunder in any material respect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Material Contracts</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <U>Schedule&nbsp;3.4(a)</U> contains an accurate and complete list of all Contracts with respect to the conduct of the
Business to which Seller is a party or pursuant to which the Acquired Assets or the Business may be bound (the &ldquo;<U>Material
Contracts</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>True and complete copies of each of the foregoing Material Contracts, including all amendments, supplements and modifications
to each such Material Contract, have been made available for review by Purchaser. Except as disclosed on <U>Schedule&nbsp;3.4(b)</U>,
(i)&nbsp;each Material Contract is in full force and effect and is a valid, legal and binding agreement of Seller, and enforceable
against the other party or parties thereto in accordance with its terms, except as enforceability may be limited by bankruptcy,
insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors&rsquo; rights generally or general
principles of equity; (ii) each Material Contract may be assigned to Purchaser without the consent of or notice to any third party;
(iii) no Material Contract contains any termination right upon a change in control or sale of all or substantially all of Seller&rsquo;s
assets; and (iv)&nbsp;each Material Contract will continue to be legal, valid, binding, enforceable, and in full force and effect
on identical terms following the consummation of the transactions contemplated hereby.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Financial Statements;</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has delivered to Purchaser the following unaudited financial statements:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the gross profit and net revenue of the Business for the three-month period ended March 31, 2018 attached hereto as Schedule
3.5(a)(i) (the &ldquo;<U>Interim Financials</U>&rdquo;); and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 9pt; text-align: justify; text-indent: 1.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the gross profit and net revenue of the Business for the fiscal years ended December 31, 2016 and December 31, 2017, each
of the foregoing attached hereto as Schedule 3.5(a)(ii) (the &ldquo;<U>Historical Financials</U>&rdquo; and, together with the
Interim Financials, the &ldquo;<U>Financial Statements</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Financial Statements
fairly present the net revenue and gross profit of the Business for the periods covered thereby, are consistent with the books
and records of Seller and have been prepared in accordance with GAAP. The Financial Statements do not reflect any transactions
which are not bona fide transactions and do not contain any untrue statements of a fact or omit to state any fact necessary to
make the statements contained therein, in light of the circumstances in which they were made, not misleading.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Schedule 3.5(b)</U> sets forth a list of (i) all Indebtedness of the Business and (ii) the principal amount of, interest
rate applicable to and all accrued and unpaid interest owing on, each item of Indebtedness of the Business. Seller has provided
Purchaser with true and complete copies of the notes, loan agreements or other documentation evidencing the Indebtedness of the
Business prior to the date hereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.6.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Absence of Undisclosed Liabilities</U>. Except as set forth in <U>Schedule&nbsp;3.6</U>, Seller does not have any Liability
related to the Business of a type required to be reflected on an balance sheet other than (a) Liabilities set forth in the Financial
Statements and (b) &nbsp;Liabilities which have arisen after the date of the Interim Financials in the Ordinary Course of Business
(none of which is a Liability for breach of contract, breach of warranty, tort, infringement, violation of Law, claim or lawsuit).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.7.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Absence of Certain Developments</U>. Except as set forth on <U>Schedule&nbsp;3.7</U>, since March 31, 2018, there has
occurred no Seller Material Adverse Effect and no fact or condition exists or is contemplated or threatened which would reasonably
be expected to result in a Seller Material Adverse Effect. Except as set forth on <U>Schedule&nbsp;3.7</U>, since March 31, 2018,
Seller has conducted the Business only in the Ordinary Course of Business and, without limiting the generality of the foregoing,
Seller has not:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>mortgaged or pledged any properties or assets or subjected any property or asset to any Lien, except Liens for current Taxes
not yet due and payable;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>sold, assigned, transferred or licensed any tangible or intangible assets used in the Business (including any Business Intellectual
Property) or canceled any debts or claims with respect to the Business except in the Ordinary Course of Business;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>made any commitment for capital expenditures with respect to the Business;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>suffered any theft, damage, destruction or casualty loss, whether or not covered by insurance, with respect to the Business;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>paid any amount, performed any obligation or agreed to pay any amount or perform any obligation, in settlement or compromise
of any suits or claims of Liability against Seller or any of its directors, managers, officers, employees or agents with respect
to the Business; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>committed to do any of the foregoing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.8.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Tangible Assets</U>. Seller has good and marketable title to or a valid leasehold interest in all of the Acquired Assets,
free and clear of all Liens, except for Permitted Liens. All of the tangible personal property included among the Acquired Assets
and the Leased Assets has been adequately maintained in a manner consistent with normal industry practices and all such property
is fully operational and in good condition in all respects (with the exception of normal wear and tear).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.9.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Intellectual Property</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller owns or has the right to use all Business Intellectual Property. To Seller&rsquo;s Knowledge, Seller has not interfered
with, infringed upon, misappropriated, or violated any Intellectual Property owned by any Person other than Seller (the &ldquo;<U>Third
Party Intellectual Property</U>&rdquo;), the products, services and operation of the Business have not and do not infringe, misappropriate
or otherwise violate any Third Party Intellectual Property and Seller has not received any written charge, complaint, claim, demand,
or notice alleging any such interference, infringement, misappropriation, or violation (including any offer to license or any claim
that Seller must license or refrain from using any Third Party Intellectual Property). The Intellectual Property is not subject
to any outstanding Order or ruling and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand
is pending or is threatened which challenges the legality, validity, enforceability, use, or ownership of the Business Intellectual
Property. To Seller&rsquo;s Knowledge, no third party has interfered with, infringed upon, misappropriated, or violated any of
the Business Intellectual Property in any respect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Schedule&nbsp;1.1(e)</U>&nbsp;identifies each patent, registered Trademark, or registered copyright included among the
Business Intellectual Property, identifies each pending patent application, application for registration of any Trademark, or application
for registration of any copyright which Seller has made with respect to any of the Business Intellectual Property, and any licenses
or sublicenses with respect to the foregoing which are utilized or required in the conduct of the Business. Seller has delivered
to Purchaser correct and complete copies of all such patents, registrations, applications, licenses, agreements, and permissions
(as amended to date). Except as set forth on <U>Schedule 1.1(e)</U>, Seller does not own or license any unregistered Trademark,
copyright or computer software item in the conduct of the Business.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller possesses all right, title, and interest in and to the Business Intellectual Property, free and clear of any Lien,
license, or other restriction. To Seller&rsquo;s Knowledge, the Business Intellectual Property and Seller&rsquo;s rights thereto
are valid and enforceable.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>All current and former employees, contractors and third parties who have created, conceived, reduced to practice or developed
any Intellectual Property in connection with the Business have executed valid, written agreements assigning all right, title and
interest in and to such Intellectual Property to Seller and have executed all documents necessary to the filing and prosecution
of all Business Intellectual Property rights. Seller has taken all steps reasonably required to protect the secrecy of all trade
secrets and proprietary information included in the Business Intellectual Property.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>All necessary documents and certificates in connection with the Business Intellectual Property have been filed with the
relevant authorities in the United States or foreign jurisdictions, for the purposes of maintaining all rights in the Business
Intellectual Property.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The consummation of the transactions contemplated by this Agreement shall not alter, impair or extinguish any rights of
Seller or any of its Affiliates in the Business Intellectual Property, and all Business Intellectual Property shall be owned or
available for use by Purchaser on identical terms and conditions immediately following the Closing, without payment of any additional
fees or obtaining any additional permissions or consents. Neither the execution, delivery, or performance of this Agreement, nor
the consummation of any of the transactions contemplated under this Agreement will violate any applicable Laws or any privacy policies
or other Contracts pertaining to the collection, storage, use, disclosure or transfer of any data protected under any applicable
Law. Seller has provided to Purchaser true and correct copies of all such privacy policies and Contracts.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.10.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Compliance with Laws and Regulations; Permits</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has complied in all material respects with all Laws applicable to the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller owns, holds or possesses all Permits that are necessary to entitle it to own or lease, operate and use the properties
and assets of the Business and to carry on and conduct the Business substantially as currently conducted. <U>Schedule&nbsp;3.10(b)</U>
sets forth a list of each Permit issued to Seller which are related to the conduct of the Business as currently conducted or the
ownership of the Acquired Assets. Complete and correct copies of all of the Permits have been made available to Purchaser. Except
as set forth on <U>Schedule&nbsp;3.10(b)</U>, since December 31, 2017: (i)&nbsp;Seller has fulfilled and performed its material
obligations under each of the Permits, and no event has occurred or condition or state of facts exists that constitutes or, after
notice or lapse of time or both, would constitute a material breach or default by Seller under any such Permit or that permits
or, after notice or lapse of time or both, would permit revocation or termination of any such Permit; (ii)&nbsp;no written notice
of cancellation, of default or of any dispute concerning any Permit, or of any event, condition or state of facts described in
the preceding clause, has been received by Seller; and (iii)&nbsp;each Permit is valid, subsisting and in full force and effect
and will continue in full force and effect after the transactions contemplated by this Agreement, in each case without (A)&nbsp;the
occurrence of any breach, default or forfeiture of rights thereunder or (B)&nbsp;the consent, approval, or act of, or the making
of any filing with, any Governmental Authority.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller complies with the Foreign Corrupt Practices Act, 15&nbsp;U.S.C. 78dd et&nbsp;seq., and all local laws concerning
corrupt payments, including applicable export control, money laundering and anti-terrorism Laws. Neither Seller nor, to Seller&rsquo;s
Knowledge, any employee or contractor of Seller has, directly or indirectly, on behalf of or with respect to Seller or the Business,
offered, paid, solicited or received any remuneration in violation of any Law (including any kickback, bribe, or rebate and regardless
of form, whether in money, property or services) directly or indirectly, overtly or covertly, in return for obtaining or retaining
business or securing an improper advantage in violation of any applicable Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.11.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Litigation</U>. Except as disclosed in <U>Schedule&nbsp;3.11</U>, with respect to the Business, there are no actions,
suits or proceedings at law or in equity, arbitration proceedings, or claims, demands or investigations, pending or to Seller&rsquo;s
Knowledge, threatened against or involving Seller or, including any proceedings by or before any Governmental Authority. Seller
is not in violation of any Order with respect to the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.12.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>[Reserved]</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.13.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Taxes</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has duly and timely filed all Tax Returns that were due and that relate directly to the Acquired Assets or the Business.
All such Tax Returns are true, correct, and complete in all material respects. All Taxes due and payable with respect to such Tax
Returns (whether or not shown as payable), or otherwise due and payable by Seller and relating to any Acquired Asset or the Business,
have been timely paid to the appropriate Governmental Authority. There are no existing Liens for Taxes on any of the Acquired Assets
other than for statutory liens for Taxes not yet due and payable.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has timely and properly withheld (i) all required amounts from payments to its employees, agents, contractors, nonresidents,
shareholders and other Persons and (ii) all sales, use, ad valorem, and value added Taxes, in each case, to the extent solely and
exclusively relating to the Acquired Assets or the Business. Seller has timely remitted all such Taxes to the proper Governmental
Authority in accordance with all applicable Laws.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller has not extended any statute of limitations relating to any Taxes solely and exclusively relating to the Acquired
Assets or the Business. No audits or other proceedings are ongoing or threatened with respect to any Tax Return or Taxes of Seller
that solely and exclusively relate to the Acquired Assets or the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.14.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Entire Interest; All Assets</U>. The Acquired Assets include all property, assets and rights primarily related to, primarily
used in, or primarily dedicated to, the conduct of the Business as currently conducted by Seller. No Affiliate of Seller or any
other Person holds any right, title or interest in any of the Acquired Assets. The Acquired Assets are adequate to conduct the
Business as currently conducted.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.15.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Financial Advisors/Broker Fees</U>. None of Seller nor any Person acting on its behalf has paid or become obligated to
pay any fee or commission to any broker, finder or intermediary for or on account of the transactions contemplated by this Agreement.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">3.16.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Customers and Suppliers</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Schedule 3.16(a)</U> sets forth (i) a list of names and addresses of the customers of the Business from January 1, 2016
through April 14, 2018 (the &ldquo;<U>Material Customers</U>&rdquo;) and the top ten suppliers of the Business (the &ldquo;<U>Material
Suppliers</U>&rdquo;) and the dollar amount of purchase or sales which each such customer or supplier represented during each of
the years ended December 31, 2017 and 2016.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as set forth in <U>Schedule 3.16(b)</U>, there exists no actual or written threat of, termination, cancellation,
reduction or limitation of, or any modification or change in, the business relationship of Seller with any Material Customer or
group of Material Customers, or whose purchases individually or in the aggregate are material to Seller or the operation of the
Business, or with any Material Supplier or group of Material Suppliers, or whose sales individually or in the aggregate are material
to Seller or the operation of the Business, and there exists no present or reasonably foreseeable condition or state of facts or
circumstances involving Material Customers or Material Suppliers which would reasonably be expected to cause a Seller Material
Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
IV<BR>
<BR>
REPRESENTATIONS AND WARRANTIES OF PURCHASER AND PURCHASER SUB</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Purchaser represents
and warrants to Seller as of the Closing Date, as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Organization and Corporate Power</U>. Purchaser (a)&nbsp;is a corporation duly organized, validly existing and in good
standing under the Laws of the State of Nevada and (b)&nbsp;is duly qualified to do business as a foreign corporation and is in
good standing in all jurisdictions where the failure so to qualify would have a Purchaser Material Adverse Effect. Purchaser has
full power and authority to execute, deliver and perform this Agreement and the Related Agreements and to consummate the transactions
contemplated hereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0; background-color: white; text-align: justify; text-indent: 0.5in">4.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Capital Structure</U>. The authorized capital stock of Purchaser consists of: (i) 100,000,000 shares of Purchaser Common
Stock; and (ii) 10,000,000 shares of preferred stock, par value $0.001 per share, of Parent (the &quot;<U>Purchaser Preferred Stock</U>&quot;).
As of the date of this Agreement: (A) 34,839,670 shares of Purchaser Common Stock were issued and outstanding (not including shares
held in treasury); (B) 0 shares of Purchaser Common Stock were issued and held by Purchaser in its treasury; and (C) 1,000,000
shares of Purchaser Preferred Stock were issued and outstanding; and as of the date of this Agreement, no additional shares of
Purchaser Common Stock or shares of Purchaser Preferred Stock have been issued. All of the outstanding shares of capital stock
of Purchaser are, and all shares of capital stock of Purchaser which may be issued as contemplated or permitted by this Agreement,
including the shares of Parent Common Stock constituting the Purchase Price and the Warrant Shares, will be, when issued, duly
authorized, validly issued, fully paid, and non-assessable, and not subject to any pre-emptive rights. As of the Closing, Purchaser
shall have reserved from its duly authorized capital stock not less than the maximum number of shares of Purchaser Common Stock
issuable (i) as</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in; background-color: white">contemplated
or permitted by this Agreement and (ii) upon exercise of the Warrants. The capitalization of Purchaser immediately prior to the
Closing Date is set forth on&nbsp;<U>Schedule 4.2(a)</U>&nbsp;attached hereto and the capitalization of Purchaser immediately following
the Closing Date is set forth on&nbsp;<U>Schedule 4.2(b)&nbsp;</U>attached hereto. Except as disclosed in&nbsp;<U>Schedule 4.2(b)</U>:
(i) none of Purchaser&rsquo;s capital stock is subject to preemptive rights or any other similar rights or any liens or encumbrances
suffered or permitted by Purchaser; (ii) there are no outstanding options, warrants, scrip, rights to subscribe to, calls or commitments
of any character whatsoever relating to, or securities or rights convertible into, or exercisable or exchangeable for, any capital
stock of Purchaser or any of its subsidiaries, or contracts, commitments, understandings or arrangements by which Purchaser or
any of its subsidiaries is or may become bound to issue additional capital stock of Purchaser or any of its subsidiaries or options,
warrants, scrip, rights to subscribe to, calls or commitments of any character whatsoever relating to, or securities or rights
convertible into, or exercisable or exchangeable for, any capital stock of Purchaser or any of its subsidiaries; (iii) there are
no outstanding debt securities, notes, credit agreements, credit facilities or other agreements, documents or instruments evidencing
Indebtedness of Purchaser or any of its subsidiaries or by which Purchaser or any of its subsidiaries is or may become bound; (iv)
there are no financing statements securing obligations in any material amounts, either singly or in the aggregate, filed in connection
with Purchaser or any of its subsidiaries; (v) there are no agreements or arrangements under which Purchaser or any of its subsidiaries
is obligated to register the sale of any of their securities under the Securities Act; (vi) there are no outstanding securities
or instruments of Purchaser or any of its subsidiaries which contain any redemption or similar provisions, and there are no contracts,
commitments, understandings or arrangements by which Purchaser or any of its subsidiaries is or may become bound to redeem a security
of Purchaser or any of its subsidiaries; and (vii) there are no securities or instruments containing anti-dilution or similar provisions
that will be triggered by the issuance of the Warrants or the shares of Purchaser Common Stock issuable upon the exercise of the
Warrants; (viii) Purchaser has not issued any stock appreciation rights or &ldquo;phantom stock&rdquo; or any similar rights.&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Authorization</U>. This Agreement and the Related Agreements have been duly authorized, executed and delivered by Purchaser
and constitutes or, when executed will constitute, a valid and legally binding agreement of Purchaser, enforceable in accordance
with their respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar Laws relating to or affecting creditors&rsquo; rights generally or general principles of equity (regardless of whether
enforcement is sought in a proceeding in equity or at law).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Governmental Consents</U>. No Consent of any Governmental Authority is required to be obtained or made by Purchaser in
connection with the execution, delivery, and performance by Purchaser of this Agreement and the transactions contemplated hereby,
except for: (i) the filing of such reports under the Exchange Act as may be required in connection with this Agreement, and the
transactions contemplated by this Agreement; (ii) such Consents as may be required under applicable state securities or &quot;blue
sky&quot; Laws and the securities Laws of any foreign country or the rules and regulations of any securities exchange; and (iii)
such other Consents which if not obtained or made would not reasonably be expected to have, individually or in the aggregate, a
Purchaser Material Adverse Effect.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Breach</U>. The execution, delivery and performance by Purchaser of this Agreement, the Related Agreements or any
other instruments, agreements, certificates and documents contemplated hereby or thereby will not violate or conflict with any
provision of the Articles of Incorporation of Purchaser; nor do such actions constitute a default of or require the consent or
approval under any agreement or instrument to which Purchaser is a party or by which Purchaser&rsquo;s assets are bound, or require
Purchaser to obtain the approval or consent of any Governmental Authority; nor will such actions materially violate any applicable
Law presently applicable to Purchaser.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">4.6.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>SEC Filings; Financial Statements; Undisclosed Liabilities.</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser has timely filed with or furnished to, as applicable, the SEC all registration statements, prospectuses, reports,
schedules, forms, statements, and other documents (including exhibits and all other information incorporated by reference) required
to be filed or furnished by it with the SEC since January 1, 2016 (the &quot;Purchaser SEC Documents&quot;). True, correct, and
complete copies of all the Purchaser SEC Documents are publicly available on EDGAR. As of their respective filing dates or, if
amended or superseded by a subsequent filing prior to the date hereof, as of the date of the last such amendment or superseding
filing (and, in the case of registration statements and proxy statements, on the dates of effectiveness and the dates of the relevant
meetings, respectively), each of the Purchaser SEC Documents complied as to form in all material respects with the applicable requirements
of the Securities Act, the Exchange Act, and the Sarbanes-Oxley Act, and the rules and regulations of the SEC thereunder applicable
to such Purchaser SEC Documents. None of the Purchaser SEC Documents, including any financial statements, schedules, or exhibits
included or incorporated by reference therein at the time they were filed (or, if amended or superseded by a subsequent filing
prior to the date hereof, as of the date of the last such amendment or superseding filing), contained any untrue statement of a
material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein,
in light of the circumstances under which they were made, not misleading. None of the Purchaser SEC Documents is the subject of
ongoing SEC review or outstanding SEC investigation and there are no outstanding or unresolved comments received from the SEC with
respect to any of the Purchaser SEC Documents. None of Purchaser&rsquo;s subsidiaries is required to file or furnish any forms,
reports, or other documents with the SEC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Each of the consolidated financial statements (including, in each case, any notes and schedules thereto) contained in or
incorporated by reference into the Purchaser SEC Documents: (i) complied as to form in all material respects with the published
rules and regulations of the SEC with respect thereto as of their respective dates; (ii) was prepared in accordance with GAAP applied
on a consistent basis throughout the periods involved (except as may be indicated in the notes thereto and, in the case of unaudited
interim financial statements, as may be permitted by the SEC for Quarterly Reports on Form 10-Q); and (iii) fairly presented in
all material respects the consolidated financial position and the results of operations, changes in stockholders' equity, and cash
flows of Purchaser and its consolidated subsidiaries as of the respective dates of and for the periods referred to in such financial
statements, subject, in the case of unaudited interim financial statements, to normal and year-end audit adjustments as permitted
by GAAP and the applicable rules and regulations of the SEC (but only if the effect of such adjustments would not, individually
or in the aggregate, be material).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The audited balance sheet of Purchaser dated as of December 31, 2017 contained in the Purchaser SEC Documents filed prior
to the date hereof is hereinafter referred to as the &quot;Purchaser Balance Sheet.&quot; Except as disclosed in&nbsp;<U>Schedule
4.6(c)</U>, neither Purchaser nor any of its subsidiaries has any Liabilities other than Liabilities that: (i) are reflected or
reserved against in the Purchaser Balance Sheet (including in the notes thereto); (ii) were incurred since the date of the Purchaser
Balance Sheet in the Ordinary Course of Business; (iii) are incurred in connection with the transactions contemplated by this Agreement;
or (iv) would not reasonably be expected to have, individually or in the aggregate, a Purchaser Material Adverse Effect.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">4.7.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Absence of Certain Developments.</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in; background-color: white">Except
as set forth on <U>Schedule&nbsp;4.7</U>, since the date of the Purchaser Balance Sheet, there has occurred no Purchaser Material
Adverse Effect and no fact or condition exists or is contemplated or threatened which would reasonably be expected to result in
a Purchaser Material Adverse Effect. Except as set forth on <U>Schedule&nbsp;4.7</U>, since the date of the Purchaser Balance Sheet,
Purchaser has conducted its business only in the Ordinary Course of Business and, without limiting the generality of the foregoing,
Purchaser has not:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>mortgaged or pledged any properties or assets or subjected any property or asset to any Lien, except Liens for current Taxes
not yet due and payable;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>sold, assigned, transferred or licensed any tangible or intangible assets or canceled any debts or claims except in the
Ordinary Course of Business;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>made any commitment for capital expenditures;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>suffered any theft, damage, destruction or casualty loss, whether or not covered by insurance;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>paid any amount, performed any obligation or agreed to pay any amount or perform any obligation, in settlement or compromise
of any suits or claims of Liability against Seller or any of its directors, managers, officers, employees or agents; or</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>committed to do any of the foregoing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.8.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Compliance with Laws and Regulations; Permits</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser has complied in all material respects with all Laws applicable to its business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser owns, holds or possesses all Permits that are necessary to entitle it to own or lease, operate and use the properties
and assets to carry on and conduct its business substantially as currently conducted. Except as set forth on <U>Schedule&nbsp;4.8(b)</U>,
since December 31, 2017: (i)&nbsp;Purchaser has fulfilled and performed its material obligations under each of the Permits, and
no event has occurred or condition or state of facts exists that constitutes or, after notice or lapse of time or both, would constitute
a material breach or default by Purchaser under any such Permit or that permits or, after notice or lapse of time or both, would
permit revocation or termination of any such Permit; (ii)&nbsp;no written notice of cancellation, of default or of any dispute
concerning any Permit, or of any event, condition or state of facts described in the preceding clause, has been received by Purchaser;
and (iii)&nbsp;each Permit is valid, subsisting and in full force and effect and will continue in full force and effect after the
transactions contemplated by this Agreement, in each case without (A)&nbsp;the occurrence of any breach, default or forfeiture
of rights thereunder or (B)&nbsp;the consent, approval, or act of, or the making of any filing with, any Governmental Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser complies with the Foreign Corrupt Practices Act, 15&nbsp;U.S.C. 78dd et&nbsp;seq., and all local laws concerning
corrupt payments, including applicable export control, money laundering and anti-terrorism Laws. Neither Purchaser nor, to Purchaser&rsquo;s
Knowledge, any employee or contractor of Purchaser has, directly or indirectly, on behalf of or with respect to Purchaser, offered,
paid, solicited or received any remuneration in violation of any Law (including any kickback, bribe, or rebate and regardless of
form, whether in money, property or services) directly or indirectly, overtly or covertly, in return for obtaining or retaining
business or securing an improper advantage in violation of any applicable Law.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.9.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Financial Advisors; Broker Fees</U>. Neither Purchaser nor any Person acting on its behalf has paid or become obligated
to pay any fee or commission to any broker, finder or intermediary for or on account of the transactions contemplated by this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.10.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Litigation</U>. There are no actions, suits or proceedings pending or, to Purchaser&rsquo;s knowledge, threatened against
or affecting Purchaser or its Affiliates at law or in equity, by or before any Governmental Authority, arbitrator or any other
Person, which could adversely affect Purchaser&rsquo;s performance under this Agreement and/or the Related Agreements to which
it is a party or the consummation of the transactions contemplated thereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">4.11.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Integrated Offering</U>. None of Purchaser or any of its Affiliates or subsidiaries, or any Person acting on their
behalf has, directly or indirectly, made any offers or sales of any security or solicited any offers to buy any security, under
circumstances that would require registration of any of the Securities under the Securities Act, whether through integration with
prior offerings or otherwise, or cause this offering of the Securities to require approval of stockholders of Purchaser for purposes
of the Securities Act or any applicable stockholder approval provisions, including, without limitation, under the rules, regulations
or requirements that permit trading of the Purchaser Common Stock on the OTCQB that would reasonably lead to the suspension of
the trading of the Purchaser Common Stock on the OTCQB. None of Purchaser or its Affiliates or subsidiaries or any Person acting
on its or their behalf will take any action or steps referred to in the preceding sentence that would require registration of any
of the Securities under the Securities Act or cause the offering of the Securities to be integrated with other offerings for purposes
of any such applicable stockholder approval provisions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><U>4.12.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser Sub</U>4.13.. Since the date of its incorporation, Purchaser Sub has not carried on any business or conducted
any operations. Purchaser Sub was incorporated solely for the purpose of consummating the transactions contemplated by this Agreement
and the Related Agreements. All of the outstanding shares of capital stock of Purchaser Sub have been validly issued, are fully
paid and nonassessable and are owned by, and the Closing will be owned by, Purchaser free and clear of all Liens.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
V<BR>
<BR>
COVENANTS AND AGREEMENTS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Conduct of the Business</U>. From the date hereof until the Closing, except as otherwise provided in this Agreement or
consented to in writing by Purchaser, Seller shall (x) conduct the Business in the Ordinary Course of Business and (y) use reasonable
best efforts to maintain and preserve intact its current Business organization, operations and franchise and to preserve the rights,
franchises, goodwill and relationships of its employees, customers, lenders, suppliers, regulators and others having relationships
with the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Public Statements</U>. Unless required by applicable Law, including the rules and regulations of any securities exchange,
no press release or public announcement related to this Agreement or the transactions contemplated herein or any other announcement
or communication shall be issued or made by any Party without the advance approval of the other Party, in which case the non-disclosing
Party shall be provided a reasonable opportunity to review and provide suggested comments concerning the disclosure contained in
such press release, announcement or communication prior to issuance, distribution or publication; <U>provided</U>, <U>however</U>,
that if any disclosure related to this Agreement, or the transactions contemplated herein, is required by applicable Law, including
the rules and regulations of any securities exchange, Purchaser shall have the right to review and comment on such disclosure and
Seller shall reasonably consider including such comments prior to making such disclosure. The foregoing shall not limit Seller
from publicly filing the Agreement and making additional disclosures in connection therewith, in each case as required by applicable
Law and securities regulations.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Consents Not Obtained at Closing</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>To the extent any Contract is not capable of being assigned without the consent or waiver of the other party thereto or
any third party (including any Governmental Authority), or if such assignment or attempted assignment would constitute a breach
thereof or a violation of any Law or Order, neither this Agreement nor the Bill of Sale shall constitute an assignment or an attempted
assignment of such Contract.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If any such consents and waivers are not obtained with respect to any Contract, the Bill of Sale shall constitute an equitable
assignment by Seller to Purchaser of all of Seller&rsquo;s rights, benefits, title and interest in and to such Contract, to the
extent permitted by Law, and Purchaser shall be deemed to be Seller&rsquo;s agent for the purpose of completing, fulfilling and
discharging all of Seller&rsquo;s rights and liabilities arising after the Closing Date under such Contract, and Seller shall take
all necessary steps and actions to provide Purchaser with the benefits of such Contract.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Cooperation</U>. After the Closing, Seller shall, at the Parties&rsquo; shared expense, cooperate, as and to the extent
reasonably requested by Purchaser, in connection with any litigation, arbitration or similar proceeding brought by or against any
third party in connection with (i) any transaction contemplated by this Agreement or (ii) any fact or condition relating to the
Acquired Assets or the Business. Such cooperation shall include making available to Purchaser the relevant books, records, information
and employees of Seller, allowing the relevant personnel of Seller to assist Purchaser in participating in any such matter, executing
and delivering documents or instruments and taking all such action as Purchaser reasonably requests in connection with such matter.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Commercially Reasonable Efforts</U>. Subject to the terms and conditions of this Agreement, Purchaser and Seller each
will use their commercially reasonable efforts to cooperate and to take, or cause to be taken, all actions and to do, or cause
to be done, all things necessary or desirable to consummate the transactions contemplated by this Agreement, including without
limitation, Seller obtaining customary insurance for the Acquired Assets and the preparation of any financial statements related
to the Business as may be required by applicable Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.6.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Specific Performance</U>. Each of Purchaser and Seller acknowledges and agrees that the other party would be damaged
irreparably in the event any provision of this Agreement is not performed in accordance with its specific terms or is otherwise
breached. Accordingly, each of Purchaser and Seller agree that the other party shall be entitled to seek an injunction or injunctions
to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions
hereof in any Action instituted in any court in the United States or in any state having jurisdiction over the parties and the
matter in addition to any other remedy to which they may be entitled pursuant hereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.7.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Further Assurances</U>. In the event that at any time after the Closing any further action is necessary or desirable
to carry out the purposes of this Agreement, including, but not limited to, transferring any Business Intellectual Property or
Permits so that Purchaser becomes the holder of record of such Business Intellectual Property or Permits, each of the parties hereto
will take such commercially reasonable further action (including the execution and delivery of such further instruments and documents)
as any other party hereto reasonably may request. Without limiting the foregoing, Seller agrees to cooperate with Purchaser and
its respective Affiliates with any post-Closing notification requirements and shall provide such information to Purchaser and its
Affiliates as such Persons may reasonably require to complete such notification.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.8.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Access to Books and Records</U>. From the date hereof until the Closing, Seller shall provide Purchaser and its authorized
representatives with reasonable access, during normal business hours and upon reasonable written notice, to the books and records
of Seller related to the Business in order for Purchaser to have the opportunity to make reasonable investigation thereof, in each
case, if (a) permitted under applicable Law, (b) such books and records are not subject to confidentiality agreements or other
non-disclosure obligations, (c) disclosing such books and records would not adversely affect any attorney-client privilege, work
product or similar privilege and (d) such access does not unreasonably disrupt the operations of the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.9.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Confidentiality</U>. Subject to <U>Section 5.8</U>, Purchaser shall not (and shall cause its employees, agents, representatives
and Affiliates not to) contact, in any manner, any officer, director, employee, manager, customer, supplier or other business relation
of Seller prior to the Closing without the prior written consent of Seller. Purchaser shall, and shall cause its employees, agents,
representatives and Affiliates to, abide by the terms of a confidentiality agreement customary for transaction of this type with
respect to such access and any information furnished to it or its representatives.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal; color: black; vertical-align: baseline">5.10.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT><FONT STYLE="font-weight: normal; color: windowtext; vertical-align: baseline"><U>Receivables</U></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black; vertical-align: baseline"><B>.
</B></FONT>From and after the Closing, if Purchaser or its Affiliates receives or collects any funds relating to any Excluded Asset,
Purchaser or its Affiliate shall remit any such funds to the applicable Seller within five Business Days after its receipt thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal; color: black; vertical-align: baseline">5.11.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT><FONT STYLE="font-weight: normal; color: windowtext; vertical-align: baseline"><U>Purchaser Receivables</U></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black; vertical-align: baseline"><B>.
</B></FONT>From and after the Closing, if Seller or its Affiliates receives or collects any funds relating to any Purchased Asset,
Seller or its Affiliate shall remit any such funds to the applicable Purchaser within five Business Days after its receipt thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">5.12.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Employees</U>. Effective as of the Closing Date, Purchaser, in its sole discretion, shall have the right (but no obligation
whatsoever) to offer employment to the employees of Seller on <U>Schedule&nbsp;5.12</U>. Such employees of Seller who accept such
offers are, as of the time they first perform services for Purchaser, referred to herein as the &ldquo;<U>Transferred Employees</U>&rdquo;.
Unless otherwise specifically agreed to by Purchaser, all such offers shall be on an &ldquo;at will&rdquo; basis. Purchaser shall
provide the Transferred Employees the same level of pay, bonuses and employee benefits as the Transferred Employees received from
Seller prior to the Closing Date, and the Transferred Employees shall receive credit for their years of employment with Seller
for purposes of Purchaser&rsquo;s benefits, plans and programs. Seller shall provide Purchaser all information relating to each
Transferred Employee as Purchaser may reasonably require and Seller may legally provide in connection with its employment of such
persons, including, without limitation, initial employment date, termination dates, reemployment dates, hours of service, compensation
and tax withholding history in a form that will be usable by Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">5.13.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="color: windowtext"><U>Governmental Approvals and Consents</U></FONT>(a) Each party hereto shall, as promptly
as possible, use its commercially reasonable efforts to obtain, or cause to be obtained, all consents, authorizations, orders and
approvals from all Governmental Authorities that may be or become necessary for its execution and delivery of this Agreement and
the performance of its obligations pursuant to this Agreement and the Related Agreements, including those set forth on <U>Section
5.13</U> of the Disclosure Schedule. Each party shall cooperate with the other party and its Affiliates in promptly seeking to
obtain all such consents, authorizations, orders and approvals. The parties hereto shall not willfully take any action that will
have the effect of delaying, impairing or impeding the receipt of any required consents, authorizations, orders and approvals.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller and Purchaser each will, upon request by the other, furnish the other with all information concerning itself, its
subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection
with any statement, filing, notice or application made by or on behalf of Purchaser, Seller or any of their respective subsidiaries
to any third party and/or any Governmental Authority in connection with the transactions contemplated by this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller and Purchaser shall, subject to applicable Law, promptly (i) cooperate and coordinate with the other in the taking
of the actions contemplated by <U>Section 5.13(a)</U> and (ii) supply the other with any information that may be reasonably required
in order to effectuate the taking of such actions. Each party hereto shall, subject to applicable Law, promptly inform the other
party or parties hereto, as the case may be, of any communication from any Governmental Authority regarding any of the transactions
contemplated by this Agreement. If Seller or Purchaser receive a request for additional information or documentary material from
any Governmental Authority with respect to the transactions contemplated by this Agreement, then it shall use commercially reasonable
efforts to make, or cause to be made, as soon as reasonably practicable and after consultation (subject to Applicable Law) with
the other party, an appropriate response in compliance with such request, and, if permitted by Applicable Law and by any applicable
Governmental Authority, provide the other party&rsquo;s counsel with advance notice and the opportunity to attend and participate
in any meeting with any Governmental Authority in respect of any filing made thereto in connection with the transactions contemplated
by this Agreement</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal; color: black; vertical-align: baseline">5.14.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT><FONT STYLE="font-weight: normal; color: windowtext; vertical-align: baseline"><U>Integration</U></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black; vertical-align: baseline"><B>.
</B></FONT>Purchaser shall not sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security
(as defined in Section 2 of the Securities Act) that would be integrated with the offer or sale of the Securities for purposes
of the rules and regulations of the OTCQB such that it would require shareholder approval prior to the closing of such other transaction
unless shareholder approval is obtained before the closing of such subsequent transaction.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VI<BR>
<BR>
SURVIVAL; INDEMNIFICATION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Survival</U>. The representations and warranties of the Parties contained herein or in any other certificate or other
writing delivered pursuant hereto shall survive the Closing and shall expire on the date that is twelve (12) months after the Closing
Date (the &ldquo;<U>Survival Period</U>&rdquo;); <U>provided</U>, <U>however</U>, that (a)&nbsp;the representations and warranties
of Seller contained in <U>Sections&nbsp;3.1</U> (Organization and Corporate Power), <U>3.2</U> (Due Authorization), <U>3.3</U>
(No Violation; Consents) and <U>3.16</U> (Financial Advisors/Broker Fees) shall survive the Closing indefinitely and (b)&nbsp;the
representations and warranties of Seller contained in <U>3.8</U> (Tangible Assets), <U>3.13</U> (Taxes) and <U>3.14</U> (Entire
Interest; All Assets) shall survive the Closing and expire on the date that is five years from the date of this Agreement (the
representations and warranties of Seller referenced in clauses (a) and (b), collectively, the &ldquo;<U>Special Representations</U>&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Indemnification by Seller</U>. Seller agrees to indemnify Purchaser and each of its Affiliates and their respective officers,
directors, employees and agents (collectively, &ldquo;<U>Purchaser Indemnitees</U>&rdquo;) against, and agrees to hold each of
them harmless from, any and all Losses incurred or suffered by them arising out of or relating to any of the following:</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any breach of or any inaccuracy in any representation or warranty made by Seller pursuant to this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any breach of or failure by Seller to perform any covenant or obligation of Seller set forth in this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any Liabilities not expressly assumed hereunder (including any Liability for any Excluded Tax);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the use, operation or ownership of any of the Acquired Assets or the Business on or prior to the Closing Date whether discovered
prior to, on or after the Closing Date;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>notwithstanding <U>Section&nbsp;8.2</U>, the Bulk Sales Laws or any failure to comply therewith; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any operations of the Seller following the Closing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Indemnification by Purchaser</U>. Purchaser agrees to indemnify Seller and each of its Affiliates, officers, directors,
employees and agents (collectively, &ldquo;<U>Seller Indemnitees</U>&rdquo;) against, and agrees to hold each of them harmless
from, any and all Losses incurred or suffered by them arising out of or relating to any of the following:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any breach of or any inaccuracy in any representation or warranty made by Purchaser pursuant to this Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any breach of or failure by Purchaser to perform any covenant or obligation of Purchaser set out or contemplated in this
Agreement; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Liabilities and obligations to the extent relating to Purchaser&rsquo;s operation of the Business and the Acquired Assets
on and after the Closing; <U>provided</U>, <U>however</U>, that such Losses do not relate to Losses for which any Purchaser Indemnitee
is entitled to indemnification under this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Limitations on Indemnification Obligations</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Purchaser Indemnitees shall not be entitled to receive amounts pursuant to <U>Section 6.2(a)</U> (other than for Losses
relating to breaches of the Special Representations) for any individual item or series of related items based on substantially
the same facts and circumstances where the Losses relating to such item or series of related items based on substantially the same
facts and circumstances are less than $10,000, and such Losses shall not be applied against the Basket.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller shall not have any obligation to indemnify Purchaser Indemnitees with respect to Losses arising under <U>Section
6.2(a)</U> (other than pursuant to breaches or inaccuracies in any of the Special Representations) until the aggregate amount of
all Losses thereunder exceeds $50,000 (the &ldquo;<U>Basket</U>&rdquo;); <U>provided</U>, <U>however</U>, that once such aggregate
amount of such Losses exceeds the Basket, Seller shall be liable for the entire amount of such Losses otherwise recoverable under
<U>Section 6.2(a)</U>.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Seller shall not have any obligation to indemnify Purchaser Indemnitees with respect to Losses arising under <U>Section
6.2(a)</U> (other than pursuant to breaches or inaccuracies in any of the Special Representations) in excess of an aggregate amount
equal to $1,000,000 (the &ldquo;<U>Cap</U>&rdquo;). Seller shall not have any obligation to indemnify Purchaser Indemnitees with
respect to Losses arising under <U>Section 6.2(a)</U> pursuant to a breach or inaccuracy of a Special Representation or <U>Section
6.2(b)</U> in excess of an aggregate amount equal to $2,000,000.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything to the contrary in this Agreement, each Party&rsquo;s rights to indemnification and any other recovery
under law or equity with respect to Losses based upon fraud, willful misconduct or intentional misrepresentation, shall not be
limited in any way, including by any of the terms and conditions of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Indemnification Procedures</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Notice of Claims; Assumption of Defense</U>. The indemnified Party shall give prompt notice to the indemnifying Party,
in accordance with the terms of <U>Section&nbsp;8.3</U>, of the assertion of any claim, or the commencement of any suit, action
or proceeding by any Person, in respect of which indemnity may be sought hereunder, specifying with reasonable particularity the
basis therefor and giving the indemnifying Party such information with respect thereto as the indemnifying Party may reasonably
request, but the giving of such notice shall not be a condition precedent to indemnification hereunder (unless the indemnifying
Party is actually prejudiced by the failure to give notice). The indemnifying Party may, at its own expense, (i)&nbsp;participate
in the defense of any claim, suit, action or proceeding and (ii)&nbsp;upon notice to the indemnified Party and the indemnifying
Party&rsquo;s written agreement that the indemnified Party is entitled to indemnification pursuant to <U>Section&nbsp;6.2</U> or
<U>Section&nbsp;6.3</U> for Losses arising out of such claim, suit, action or proceeding, at any time during the course of any
such claim, suit, action or proceeding, assume the defense thereof; <U>provided</U>, <U>however</U>, that (A)&nbsp;the indemnifying
Party&rsquo;s counsel is reasonably satisfactory to the indemnified Party; (B) the indemnifying Party has confirmed in writing
its responsibility for such Losses to such indemnified Party under <U>Section 6.2</U> or <U>6.3</U>, as applicable and (C)&nbsp;the
indemnifying Party shall thereafter consult with the indemnified Party upon the indemnified Party&rsquo;s reasonable request for
such consultation from time to time with respect to such claim, suit, action or proceeding. If the indemnifying Party assumes such
defense, the indemnified Party shall have the right (but not the duty) to participate in the defense thereof and to employ counsel,
at its own expense, separate from the counsel employed by the indemnifying Party. If, however, in the opinion of the indemnified
Party&rsquo;s counsel, the representation by the indemnifying Party&rsquo;s counsel of both the indemnifying Party and the indemnified
Party would present such counsel with a conflict of interest, then such indemnified Party may employ separate counsel to represent
or defend it in any such claim, action, suit or proceeding and the indemnifying Party shall pay the fees and disbursements of such
separate counsel. Whether or not the indemnifying Party chooses to defend or prosecute any such claim, suit, action or proceeding,
all of the Parties shall cooperate in the defense or prosecution thereof.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Settlement or Compromise</U>. Any settlement or compromise made or caused to be made by the indemnified Party or the
indemnifying Party, as the case may be, of any such claim, suit, action or proceeding of the kind referred to in this <U>Section&nbsp;6.5</U>
shall also be binding upon the indemnifying Party or the indemnified Party, as the case may be, in the same manner as if a final
judgment or decree had been entered by a court of competent jurisdiction in the amount of such settlement or compromise; <U>provided</U>,
<U>however</U>, that the indemnifying Party shall not settle or compromise any such claim, or otherwise acknowledge or admit the
validity of such claim or any Liability in respect thereof if such settlement, compromise, acknowledgement or admission (i) would
result in an order, injunction or other equitable remedy in respect of the indemnified Party or would otherwise have a direct adverse
effect upon the indemnified Party&rsquo;s continuing operations, (ii) would give rise to any Liability on the part of the indemnified
Party for which the indemnifying Party shall have not agreement in writing that such indemnifying Party is solely obligated to
satisfy and discharge the claim, (iii) would result in Liabilities which, taken together with other existing claims under this
<U>Article VII</U>, would not be fully indemnified hereunder, or (iv) would reasonably be expected to increase the Liability of
the indemnified Party for Taxes after the Closing Date; in each case, without the prior written consent of the indemnified Party,
which consent will not be unreasonably withheld or delayed. The indemnified Party will give the indemnifying Party at least 30
days&rsquo; notice of any proposed settlement or compromise of any claim, suit, action or proceeding it is defending, during which
time the indemnifying Party may assume the defense of, and responsibility for, such claim, suit, action or proceeding and if it
does so the proposed settlement or compromise may not be made.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Failure of Indemnifying Party to Act</U>. In the event that the indemnifying Party does not elect to assume the defense
of any claim, suit, action or proceeding, then any failure of the indemnified Party to defend or to participate in the defense
of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying Party of its
obligations hereunder; <U>provided</U>, <U>however</U>, that the indemnified Party shall have given the indemnifying Party at least
30 days&rsquo; notice of its proposed failure to defend or participate and affords the indemnifying Party the opportunity to assume
the defense thereof prior to the end of such period.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Procedure for Indemnification</U>. Upon becoming aware of a claim for indemnification hereunder (whether as a result
of any claim, suit, action or proceeding of the kind referred to in this <U>Section&nbsp;6.5</U> or in connection with any Losses
which the indemnified Party deems to be within the ambit of this <U>Article&nbsp;VII</U> or otherwise), the indemnified Party shall
give, in accordance with the terms of <U>Section&nbsp;8.3</U>, notice of such claim (a &ldquo;<U>Claim Notice</U>&rdquo;) to the
indemnifying Party, providing reasonable detail of how the claim has arisen and an estimate (if possible) of the amount the indemnified
Party reasonably anticipates that it will be entitled to on account of indemnification by the indemnifying Party. If the indemnifying
Party does not object to such indemnification claim within thirty (30) days of receiving notice thereof, the amount of such Claim
Notice shall be deemed final and undisputed and the indemnified Party shall be entitled to recover the amount of such claim.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.6.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Calculation of Indemnity Payments</U>. The amount of any Loss for which indemnification is provided under this Article
VI shall be net of any amounts recovered or recoverable by the indemnified Party under insurance policies with respect to such
Loss and shall be (a) increased to take account of any net Tax cost actually incurred by the indemnified Party arising from the
receipt of indemnity payments hereunder (grossed up for such increase) and (b) reduced to take account of any net Tax benefit actually
realized by the indemnified Party arising from the incurrence or payment of any such indemnified amount. In computing the amount
of any such Tax cost or Tax benefit, the indemnified Party shall be deemed to recognize all other items of income, gain, loss,
deduction or credit before recognizing any item arising from the receipt of any indemnity payment hereunder or the incurrence or
payment of any indemnified amount. For purposes of determining the existence of, and calculating the amount of, any Losses arising
out of or resulting from any breach of any representation or warranty of any Party set forth in this Agreement, any reference to
&ldquo;Material Adverse Effect&rdquo; or &ldquo;materiality&rdquo; or other correlative terms in such representations or warranties
shall be disregarded.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.7.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Right of Setoff</U>. With respect to claims for Losses under this <U>Article VII</U> by any Purchaser Indemnitee, such
Purchaser Indemnitee shall have the right to demand from Seller satisfaction of such excess amounts:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>First</U>, by payment of cash; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Second</U>, through a set-off against any amounts owed by Purchaser to Seller under this Agreement or any Related Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in">For the avoidance
of doubt, neither the exercise of nor the failure to exercise such right of setoff or to give a notice of a claim under the Escrow
Agreement will constitute an election of remedies or limit Purchaser in any manner in the enforcement of any other remedies that
may be available to it.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.8.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Tax Treatment of Indemnity Payments</U>. For all Tax purposes, Purchaser and Seller agree to treat (and shall cause each
of their respective Affiliates to treat) any indemnity payment under this Agreement as an adjustment to the Purchase Price, unless
otherwise required by Law.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">6.9.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Expiration of Claims</U>. The ability of any Purchaser Indemnitee to receive indemnification from Seller under <U>Section
6.2(a)</U> (other than pursuant to breaches or inaccuracies in any of the Special Representations), shall terminate upon expiration
of the Survival Period. If a Purchaser Indemnitee made a claim for indemnification pursuant to <U>Section 6.2(a)</U> prior to the
expiration of the Survival Period, such claim and the right to be indemnified hereunder with respect to such claim shall survive
the expiration of the Survival Period until the final resolution of such claim and the payment of all indemnifiable amounts with
respect thereto (if any).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VII<BR>
<BR>
TAX MATTERS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">7.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Allocation of Taxes</U>. For purposes of this Agreement, if any Tax (or Tax refund) relates to a period that begins on
or before and ends after the Closing Date, the Parties shall use the following conventions for determining the portion of such
Tax (or Tax refund) that relates to a Pre-Closing Tax Period and the portion that relates to a Post-Closing Tax Period: (a) in
the case of property Taxes and other similar Taxes imposed on a periodic basis, the amount of Taxes (or Tax refunds) attributable
to the Pre-Closing Tax Period shall be determined by multiplying the Taxes for the entire period by a fraction, the numerator of
which is the number of calendar days in the portion of the period ending on the Closing Date and the denominator of which is the
number of calendar days in the entire period, and the remaining amount of such Taxes (or Tax refunds) shall be attributable to
the Post-Closing Tax Period; and (b) in the case of all other Taxes (including income Taxes, employment Taxes and sales and use
Taxes), the amount of Taxes (or Tax refunds) attributable to the Pre-Closing Tax Period shall be determined as if a separate return
was filed for the period ending as of the end of the day on the Closing Date using a &ldquo;closing of the books methodology,&rdquo;
and the remaining amount of the Taxes (or Tax refunds) for such period shall be attributable to the Post-Closing Tax Period. For
purposes of clause (b), any item determined on an annual or periodic basis (including amortization and depreciation deductions
and the effects of graduated rates) shall be allocated to the portion of the period ending on the Closing Date based on the mechanics
set forth in clause (a) for periodic Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">7.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Cooperation on Tax Matters</U>. Purchaser and Seller shall (a) assist in the preparation and timely filing of any Tax
Return relating to the Business or the Acquired Assets; (b) assist in any audit or other proceeding with respect to Taxes or Tax
Returns relating to the Business or the Acquired Assets; (c) retain for the full period of any statute of limitations and make
available any information, records, or other documents relating to any Taxes or Tax Returns relating to the Business or the Acquired
Assets; (d) provide any information required to allow Purchaser or Seller to comply with all information reporting or withholding
requirements contained in the Code or other applicable Laws; and (e) provide certificates or forms, and timely execute any Tax
Return that are necessary or appropriate to establish an exemption for (or reduction in) any Transfer Tax.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">7.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Transfer Taxes</U>. Any and all goods and services, sales, use, purchase and transfer Taxes, including any value added,
excise, stock transfer, gross receipts, stamp duty, real estate transfer and real, personal, or intangible property transfer Taxes
and other such Taxes and any conveyance fees or recording charges due by reason of the transfer of the Acquired Assets, including
any interest or penalties in respect thereof (the &ldquo;<U>Transfer Taxes</U>&rdquo;) shall be paid fifty percent (50%) by Seller
and fifty percent (50%) by Purchaser. Purchaser shall make any required filings with respect to Transfer Taxes and Seller shall
promptly pay its portion of Transfer Taxes to Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">7.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Tax Refunds</U>. All refunds for Taxes that are Excluded Taxes shall be for the benefit of Seller; <U>provided</U>, <U>however</U>,
any refund for any such Tax that Purchaser paid that Seller has not indemnified for under this Agreement shall be for the benefit
of Purchaser. To the extent Purchaser receives a refund that is for the benefit of Seller, Purchaser shall promptly pay the amount
of such refund to Seller (without interest, other than interest received from the applicable Governmental Authority, and net of
any out-of-pocket costs or Taxes incurred by Purchaser with respect to obtaining such refund). All refunds for Taxes (other than
Excluded Taxes), and all refunds for Taxes attributable to the Acquired Assets, the Business, or any employee of the Business or
Seller for any Post-Closing Tax Period shall be for the benefit of Purchaser. To the extent Seller receives a refund that is for
the benefit of Purchaser, Seller shall promptly pay the amount of such refund to Purchaser (without interest, other than interest
received from the applicable Governmental Authority, and net of any reasonable out-of-pocket costs or Taxes incurred by Seller
with respect to obtaining such refund).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VIII<BR>
<BR>
TERMINATION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">8.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>This Agreement may be terminated at any time prior to the Closing:</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>by the mutual written consent of Purchaser and Seller;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>by Purchaser, if there has been a violation or breach by Seller of any covenant, representation or warranty of Seller contained
in this Agreement that would prevent the satisfaction of any condition to the obligation of Purchaser to consummate the Closing,
and such violation or breach has not been expressly waived in writing by Purchaser, or has not been cured by Seller within thirty
(30) days after written notice thereof from Purchaser (or has not been cured by Seller within five (5) days after written notice
thereof from Purchaser in the event such Seller fails to consummate the Closing on the second Business Day following satisfaction
or waiver of each of the conditions set forth in <U>Article II</U> (other than conditions that are to be satisfied at Closing)).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>by Seller, if there has been a violation or breach by Purchaser of any covenant, representation or warranty contained in
this Agreement that would prevent the satisfaction of any condition to the obligations of Seller to consummate the Closing, and
such violation or breach has not been expressly waived in writing by Seller, or has not been cured by Purchaser within thirty (30)
days after written notice thereof from Seller (or has not been cured by Purchaser within five (5) days after written notice thereof
from Seller in the event Purchaser fails to consummate the Closing on the second Business Day following satisfaction or waiver
of each of the conditions set forth in <U>Article II</U> (other than conditions that are to be satisfied at Closing)).</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>by either Purchaser or Seller, if the transactions contemplated hereby have not been consummated on or prior to June 30,
2018 (the &ldquo;<U>Termination Date</U>&rdquo;); <U>provided, that</U> (i)&nbsp;if the satisfaction, or waiver by the appropriate
party, of all of the conditions contained in <U>Article II</U> hereof (other than those conditions that by their terms or nature
are to be satisfied at the Closing) occurs two Business Days or less prior to the Termination Date, then neither Purchaser nor
Seller shall be permitted to terminate this Agreement pursuant to this <U>Section&nbsp;8.1(d)</U> until the third Business Day
after the Termination Date; and (ii)&nbsp;neither Purchaser nor Seller shall be entitled to terminate this Agreement pursuant to
this <U>Section&nbsp;8.1(d)</U> if such Person's or its Affiliates' breach of this Agreement has prevented the consummation of
the transactions contemplated hereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>by either Purchaser or Seller, if any Governmental Authority issues any order, judgment, injunction, decree or other legally
binding pronouncement permanently enjoining, restraining or otherwise prohibiting the transactions contemplated hereby, which shall
have become final and non-appealable; <U>provided, that</U> the party seeking termination of this Agreement pursuant to this <U>Section
8.1(e)</U> used commercially reasonable efforts (in accordance with the terms of this Agreement and <U>Section 5.12</U>) to resist
and otherwise challenge the entry of such order, judgment, injunction, decree or other legally binding pronouncement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">8.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Effect of Termination</U>. In the event of any termination of this Agreement as provided above, this Agreement shall
immediately become void and of no further force or effect (other than this <U>Section&nbsp;8.2</U> and <U>Article IX</U> hereof,
which shall survive the termination of this Agreement in accordance with their terms), and there shall be no liability on the part
of any of Purchaser or Seller to any other party hereunder, except that each party hereto shall be liable for any fraud or any
willful breach of this Agreement that was committed prior to such termination. For purposes of clarification, if a party does not
consummate the transactions contemplated hereby at the time required hereby in circumstances in which all of the conditions set
forth in <U>Section 2.4</U> or <U>2.5</U>, as applicable, have been satisfied (or could be satisfied at the Closing), such circumstance
or failure to close shall be deemed to be a willful breach of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
IX<BR>
<BR>
MISCELLANEOUS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Expenses</U>. Seller, on the one hand, and Purchaser, on the other hand, shall each pay its own expenses (including the
fees and expenses of their respective agents, representatives, counsel and accountants) incidental to the preparation, negotiation,
and consummation of this Agreement and the transactions contemplated hereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Bulk Sales Laws</U>. The Parties waive compliance with the requirements of the applicable Bulk Sales Laws in connection
with the consummation of the transactions contemplated hereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.3.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Notices</U>. Any notice, request, demand or other communication given by any Party under this Agreement (each a &ldquo;<U>notice</U>&rdquo;)
shall be in writing, may be given by a Party or its legal counsel, and shall be deemed to be duly given (a)&nbsp;when personally
delivered, or (b)&nbsp;upon delivery by an internationally recognized express courier service which provides evidence of delivery,
or (c)&nbsp;when three (3) days have elapsed after its transmittal by registered or certified mail, postage prepaid, return receipt
requested, addressed to the Party to whom directed at that Party&rsquo;s address as it appears below or another address of which
that Party has given notice, (d)&nbsp;when delivered by facsimile transmission if a copy thereof is also delivered in person or
by overnight courier, or (e) on the date of transmission if sent by electronic mail. Notices of address change shall be effective
only upon receipt notwithstanding the provisions of the foregoing sentence.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">If to Seller, to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Pioneer Power Solutions, Inc.<BR>
400 Kelby Street, 12<SUP>th</SUP> Floor</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Fort Lee, New Jersey<BR>
Attn:&#9;Nathan Mazurek, Chief Executive Officer<BR>
Email: nmazurek@pioneerpowersolutions.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">with a copy to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">Haynes and Boone, LLP<BR>
30 Rockefeller Plaza, 26<SUP>th</SUP> Floor<BR>
New York, NY 10112<BR>
Attn: Rick A. Werner<BR>
Email: rick.werner@haynesboone.com<BR>
&#9;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">If to Purchaser, to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">CleanSpark, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">6365 Nancy Ridge Drive, Fl. 2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">San Diego, California 92121<BR>
Attn:&#9;Zachary Bradford, President<BR>
Facsimile: N/A</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Email:&#9;zach@cleanspark.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-indent: 2in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1.5in">with a copy to:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">The Doney Law Firm<BR>
Attn: Scott Doney</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Facsimile: N/A<BR>
Email: scott@doneylawfirm.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.4.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Successors and Assigns</U>. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective
successors and assigns. This Agreement or any part thereof, may not be assigned without the prior written consent of the other
Parties, which consent may be withheld in the sole discretion of the other Parties; <U>provided</U>, <U>however</U>, that Purchaser
may, without the consent of Seller, (a) collaterally assign its rights under this Agreement to any Person that provides funds to
Purchaser or its Affiliates, (b) assign any or all of its rights and obligations to one or more Affiliates of Purchaser or (c)
assign any or all of its rights and obligations to any acquirer of all or substantially all of the Business, whether by merger,
asset purchase, stock purchase or otherwise.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.5.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Entire Agreement; Modification</U>. This Agreement supersedes all prior agreements and understandings between the Parties
or any of their respective Affiliates (written or oral) relating to the subject matter hereof, and is intended to be the entire
and complete statement of the terms of the agreement between the Parties, and may be amended or modified only by a written instrument
executed by the Parties. The waiver by one Party of any breach of this Agreement by the other Parties shall not be considered to
be a waiver of any succeeding breach (whether of a similar or a dissimilar nature) of any such provision or other provision or
a waiver of any such provision itself. No representation, inducement, promise, understanding, condition or warranty not set forth
herein has been made or relied upon by any Party.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.6.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Section&nbsp;and Other Headings</U>. The section&nbsp;and other headings contained in this Agreement are for reference
purposes only and shall not in any way affect the meaning or interpretation of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.7.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Governing Law</U>. This Agreement shall be exclusively interpreted and governed by the Laws of the State of Delaware,
without regard to its conflict of law provisions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.8.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Counterparts</U>. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an
original, and such counterparts shall together constitute one and the same instrument.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.9.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Further Assurances</U>. Each of the Parties shall execute such documents and other papers and take such further actions
as may be required to carry out the provisions hereof and the transactions contemplated hereby, including for the purpose of vesting
Purchaser with full right, title and interest in, to and under, and/or possession of all of the assets used in the Business (other
than the Excluded Assets), including such assets owned by any Person (other than Seller) that is an Affiliate of Seller.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.10.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Severability</U>. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as
to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions
hereof, and any such prohibition and unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdiction.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.11.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Third Party Beneficiaries</U>. Neither this Agreement nor any provision hereof is intended to confer upon any Person
(other than the Parties and as provided in <U>Section 9.4(a)</U>) any rights or remedies hereunder. Without limiting the generality
of the immediately preceding sentence, no employee of Seller shall acquire any rights or remedies as a result of this Agreement,
and the employees of Seller shall have no right whatsoever to enforce any provision of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.12.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Consent to Jurisdiction</U>. The Parties hereby irrevocably consent and voluntarily submit in any suit, action or proceeding
arising out of or relating to this Agreement or any of the transactions contemplated hereby to personal jurisdiction in the State
of Delaware in and by the federal, state and local courts located in the State of Delaware, and agree that they may be served with
process in any such action by certified or registered mail, return receipt requested, as provided in <U>Section&nbsp;9.3</U> hereof,
or to their respective registered agents for service of process in the state of their incorporation. The Parties each irrevocably
and unconditionally waives and agrees not to plead, to the fullest extent permitted by Law, any objection that it may now or hereafter
have to the laying of venue or the convenience of the forum of any action with respect to this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.13.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Construction</U>. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event
an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties
and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the provisions
of this Agreement.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">9.14.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Interpretation</U>. References in this Agreement to any gender include references to all genders, and references to the
singular include references to the plural and vice versa. The words &ldquo;include&rdquo;, &ldquo;includes&rdquo; and &ldquo;including&rdquo;
when used in this Agreement shall be deemed to be followed by the phrase &ldquo;without limitation&rdquo;. Unless the context otherwise
requires, references in this Agreement to Articles, Sections and Schedules shall be deemed references to Articles and Sections&nbsp;of,
and Schedules to, this Agreement. Unless the context otherwise requires, the words &ldquo;hereof&rdquo;, &ldquo;hereby&rdquo; and
&ldquo;herein&rdquo; and words of similar meaning when used in this Agreement refer to this Agreement in its entirety and not to
any particular Article, Section&nbsp;or provision of this Agreement. All references to contracts, agreements, leases or other arrangements
shall refer to oral as well as written matters. The table of contents and headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
X<BR>
<BR>
DEFINITIONS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">10.1.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Definitions</U>. The following terms shall have the following meanings for purposes of this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Action</U>&rdquo;
shall mean any (a) Order, suit, litigation, proceeding, hearing, arbitration, action, settlement agreement, corporate integrity
agreement or audit or (b) claim, charge, complaint, demand, investigation or dispute</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate</U>&rdquo;
as applied to any Person, shall mean (a)&nbsp;any other Person directly or indirectly controlling, controlled by, or under common
control with, that Person or (b)&nbsp;any director or executive officer with respect to such Person. For the purposes of this definition,
&ldquo;control&rdquo; (including, with correlative meanings, the terms &ldquo;controlling&rdquo;, &ldquo;controlled by&rdquo; and
&ldquo;under common control with&rdquo;), as applied to any Person, means the possession, directly or indirectly, of the power
to direct or cause the direction of the management and policies of that Person, whether through the ownership of voting securities
or by contract or otherwise, and such &ldquo;control&rdquo; will be presumed if any Person owns 30% or more of the voting capital
stock or other ownership interests, directly or indirectly, of any other Person.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Bulk Sales
Laws</U>&rdquo; shall mean the Laws of any jurisdiction relating to bulk sales which are applicable to the sale of the Acquired
Assets by Seller hereunder.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business</U>&rdquo;
shall mean the manufacture and sale of switchboard and switchgear.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business
Day</U>&rdquo; shall mean any day other than (a)&nbsp;a Saturday or Sunday or (b)&nbsp;a day on which banks are authorized to close
in New York, New York.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Cash</U>&rdquo;
shall mean for Seller, as of any date of determination, the aggregate amount of unencumbered cash of Seller.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Code</U>&rdquo;
shall mean the Internal Revenue Code of 1986, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Contract</U>&rdquo;
shall mean any contract, lease, commitment, sales order, purchase order, agreement, indenture, mortgage, note, bond, instrument,
plan or license.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Employee</U>&rdquo;
shall mean any and all current and former employees of Seller involved in the Business.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Equipment</U>&rdquo;
shall have the meaning ascribed to such term in <U>Exhibit B</U> hereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Exchange
Act</U>&rdquo; shall mean the Securities and Exchange Act of 1934, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Excluded
Taxes</U>&rdquo; shall mean any Liability for the following Taxes (whether such Liability is direct or as a result of transferee
or successor liability, joint and/or several liability, pursuant to a Contract or other agreement, a result of filing a Tax Return,
pursuant to an adjustment or assessment by a Governmental Authority, by an obligation to withhold, or otherwise, and, in each case,
whether disputed or not): (a) Taxes of Seller (including all&nbsp;income, franchise, net worth or other similar Taxes of, or imposed
on, Seller and Taxes that relate to any employee of the Business or Seller); and (b) Taxes that relate to the Business or the Acquired
Assets for only the Pre-Closing Tax Period. For avoidance of doubt, Transfer Taxes shall not be treated as an Excluded Tax and
shall be governed by <U>Section 7.4</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;Firm&rdquo;
shall mean Vrakas, S.C., located at 445 South Moorland Road, Suite 400, Brookfield, WI 53005 (&ldquo;<U>Vrakas</U>&rdquo;) or,
if Vrakas is unable to serve, another impartial nationally recognized firm of independent certified public accountants mutually
appointed by Buyer and Seller.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>GAAP</U>&rdquo;
shall mean United States generally accepted accounting principles as in effect from time to time.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governmental
Authority</U>&rdquo; shall mean the government of the United States or any foreign country or any state or political subdivision
thereof and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to
government entities established to perform such functions.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indebtedness</U>&rdquo;
shall mean, without duplication (a) all indebtedness for borrowed money, (b) all obligations issued, undertaken or assumed as the
deferred purchase price of property or services, including, without limitation, &ldquo;capital leases&rdquo; in accordance with
United States generally accepted accounting principles (other than trade payables entered into in the ordinary course of business),
(c) all reimbursement or payment obligations with respect to letters of credit, surety bonds and other similar instruments, (d)
all obligations evidenced by notes, bonds, debentures or similar instruments, including obligations so evidenced incurred in connection
with the acquisition of property, assets or businesses, (e) all indebtedness created or arising under any conditional sale or other
title retention agreement, or incurred as financing, in either case with respect to any property or assets acquired with the proceeds
of such indebtedness (even though the rights and remedies of the seller or bank under such agreement in the event of default are
limited to repossession or sale of such property), (f) all monetary obligations under any leasing or similar arrangement which,
in connection with generally accepted accounting principles, consistently applied for the periods covered thereby, is classified
as a capital lease, (g) all indebtedness referred to in clauses (a) through (f) above secured by (or for which the holder of such
Indebtedness has an existing right, contingent or otherwise, to be secured by) any mortgage, lien, pledge, charge, security interest
or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by any Person, even though
the Person which owns such assets or property has not assumed or become liable for the payment of such indebtedness, and (h) all
contingent obligations in respect of indebtedness or obligations of others of the kinds referred to in clauses (a) through (g)
above;</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual
Property</U>&rdquo; means all worldwide (a) trade names, trademarks, service marks, certification marks, trade dress, Internet
domain names and social media accounts, all applications and registrations for any of the foregoing, all renewals and extensions
thereof and all goodwill of the Business associated with any of the foregoing (&ldquo;<U>Trademarks</U>&rdquo;); (b) patents, utility
models and industrial design registrations and applications for any of the foregoing, including all provisionals, continuations,
continuations-in-part, divisionals, reissues, reexaminations, extensions and renewals; (c) works of authorship and copyrights,
including software and databases, all applications and registrations for the foregoing, all renewals and extensions thereof and
all moral rights associated with any of the foregoing; (d) trade secrets and proprietary information, including confidential and
proprietary information and know-how, inventions (whether or not patentable), invention disclosures, algorithms, designs, drawings,
prototypes, business methods, processes, discoveries, ideas, formulae, manufacturing techniques, specifications, and engineering
data, (e) all moral and economic rights of authors or inventors, however denominated, (f) any similar or equivalent rights to any
of the foregoing throughout the world, (g) all copies and tangible embodiments of any of the foregoing (in whatever form or medium),
and (h) all rights to sue and recover damages for past, present and future infringement, misappropriation or other violations of
any of the foregoing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Law</U>&rdquo;
shall mean any law, statute, regulation, ordinance, rule, rule of common law, order, decree, judgment, consent decree, settlement
agreement or governmental requirement enacted, promulgated, entered into, agreed or imposed by any Governmental Authority, including
state, federal and foreign criminal and civil laws and/or related regulations.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Leased
Assets</U>&rdquo; shall mean all tangible assets subject to any personal property leases, or otherwise leased by Seller in connection
with the operation of the Business.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Liabilities</U>&rdquo;
shall mean any debt, claim, obligation or liability (whether known or unknown, whether asserted or unasserted, whether absolute
or contingent, whether accrued or unaccrued, whether matured or unmatured, whether liquidated or unliquidated and whether due or
to become due), including those arising under any Law or Contract and including any liability for Taxes.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Lien</U>&rdquo;
shall mean, with respect to any property or asset, any security interest, lien, charge, mortgage, deed, assignment, pledge, hypothecation,
encumbrance, servitude, easement, encroachment, lease or sublease, restriction, claim, judgment, option, right of first offer,
right of first refusal or interest of another Person of any kind or nature.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Losses</U>&rdquo;
shall mean all Liabilities, losses, costs, damages, Taxes, penalties or expenses (including attorneys&rsquo; fees and expenses
and costs of investigation and litigation).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Order</U>&rdquo;
shall mean any judgment, order, direction, decree, stipulation, injunction, writ, charge or other restriction of any Governmental
Authority.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Ordinary
Course of Business</U>&rdquo; shall mean the ordinary course of business consistent with past custom and practice (including with
respect to quantity and frequency).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>OTCQB</U>&rdquo;
shall mean the OTCQB Marketplace operated by the OTC Markets Group, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pension
Liabilities</U>&rdquo; shall mean any current or future obligations, liabilities or underfunding in relation to pension plans,
retiree medical and any other long-term pension, welfare or benefit plans and any similar plans, programs and obligations.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permitted
Liens</U>&rdquo; means, collectively:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Those items set forth in Section 3.8 of the Disclosure Schedule;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Liens for Taxes not yet due and payable;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>mechanics', carriers', workmen's, repairmen's or other like liens arising or incurred in the Ordinary Course of Business
or amounts that are not delinquent and which are not, individually or in the aggregate, material to the Business or the Acquired
Assets;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>easements, rights of way, zoning ordinances and other similar encumbrances affecting leased real property which are not,
individually or in the aggregate, material to the Business or the Acquired Assets, which do not prohibit or interfere with the
current operation of any leased real property and which do not render title to any leased real property unmarketable;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>liens arising under original purchase price conditional sales contracts and equipment leases with third parties entered
into in the Ordinary Course of Business which are not, individually or in the aggregate, material to the Business or the Acquired
Assets.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Person</U>&rdquo;
shall mean an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust,
a joint venture, an unincorporated organization, any other business entity or a Governmental Authority (or any department, agency,
or political subdivision thereof).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pioneer</U>&rdquo;
means Pioneer Power Solutions, Inc.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pioneer
Reports</U>&rdquo; means collectively, the forms, statements, reports and documents filed with or furnished to the SEC since January
1, 2016, and those filed with or furnished to the SEC subsequent to the date of this Agreement, including any amendments thereto,
by Pioneer.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Post-Closing
Tax Period</U>&rdquo; shall mean any Tax period (or portion thereof) beginning on or after the day immediately following the Closing
Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pre-Closing
Tax Period</U>&rdquo; shall mean any Tax period (or portion thereof) that ends on or prior to the Closing Date.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Professional</U>&rdquo;
means any Person employed, engaged by or otherwise providing services for or on behalf of Seller, for which a license from any
board or other Governmental Authority regulating professional services is required.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchaser
Common Stock</U>&rdquo; shall mean the common stock, $0.001 par value per share, of Purchaser.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchaser
Material Adverse Effect</U>&rdquo; shall mean a material and adverse effect on (a) the results of the operations or financial condition
or assets of Purchaser, or (b) the ability of Purchaser to consummate timely its obligations under this Agreement; <U>provided</U>,
<U>however</U>, that &quot;Material Adverse Effect&quot; shall not include any event, occurrence, fact, condition or change, directly
or indirectly, arising out of or attributable to: (i) general economic or political conditions; (ii) conditions generally affecting
the industries in which Purchaser operates; (iii) any changes in financial, banking or securities markets in general, including
any disruption thereof and any decline in the price of any security or any market index or any change in prevailing interest rates;
(iv) acts of war (whether or not declared), armed hostilities or terrorism, or the escalation or worsening thereof; (v) any action
required or permitted by this Agreement or any action taken (or omitted to be taken) with the written consent of or at the written
request of Seller; (vi) any matter of which Seller is aware on the date hereof; (vii) any changes in applicable Laws or accounting
rules (including GAAP) or the enforcement, implementation or interpretation thereof; (viii) the announcement, pendency or completion
of the transactions contemplated by this Agreement, including losses or threatened losses of employees, customers, suppliers, distributors
or others having relationships with Purchaser; (ix) any natural or man-made disaster or acts of God; or (x) any failure by Purchaser
to meet any internal or published projections, forecasts or revenue or earnings predictions (provided that the underlying causes
of such failures (subject to the other provisions of this definition) shall not be excluded).</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Related
Agreements</U>&rdquo; shall mean all agreements, instruments and documents executed and delivered under this Agreement or in connection
herewith.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Sarbanes-Oxley
Act</U>&rdquo; shall mean the Sarbanes-Oxley Act of 2002.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>SEC</U>&rdquo;
shall mean the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities</U>&rdquo;
shall mean, collectively, the Note, the Shares, the Warrants and the Warrant Shares.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities
Act</U>&rdquo; shall mean the Securities Act of 1933, as amended.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller&rsquo;s
Knowledge</U>&rdquo; shall mean the actual knowledge of Nathan Mazurek, assuming reasonable investigation has been made regarding
the relevant matter, after reviewing this Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller
Material Adverse Effect</U>&rdquo; shall mean a material and adverse effect on (a) the results of the operations or financial condition
of the Business and/or the Acquired Assets, or (b) the ability of Seller to consummate timely its obligations under this Agreement;
<U>provided</U>, <U>however</U>, that &quot;Material Adverse Effect&quot; shall not include any event, occurrence, fact, condition
or change, directly or indirectly, arising out of or attributable to: (i) general economic or political conditions; (ii) conditions
generally affecting the industries in which the Business operates; (iii) any changes in financial, banking or securities markets
in general, including any disruption thereof and any decline in the price of any security or any market index or any change in
prevailing interest rates; (iv) acts of war (whether or not declared), armed hostilities or terrorism, or the escalation or worsening
thereof; (v) any action required or permitted by this Agreement or any action taken (or omitted to be taken) with the written consent
of or at the written request of Purchaser; (vi) any matter of which Purchaser is aware on the date hereof; (vii) any changes in
applicable Laws or accounting rules (including GAAP) or the enforcement, implementation or interpretation thereof; (viii) the announcement,
pendency or completion of the transactions contemplated by this Agreement, including losses or threatened losses of employees,
customers, suppliers, distributors or others having relationships with the Seller and the Business; (ix) any natural or man-made
disaster or acts of God; or (x) any failure by the Business to meet any internal or published projections, forecasts or revenue
or earnings predictions (provided that the underlying causes of such failures (subject to the other provisions of this definition)
shall not be excluded).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax</U>&rdquo;
or &ldquo;<U>Taxes</U>&rdquo; shall mean any federal, state, local, or foreign taxes, charges, fees, duties, levies, or other assessments,
including gross income, net income, gross receipts, net receipts, capital gains, gross proceeds, net proceeds, ad valorem, profits,
license, payroll, employment, excise, severance, stamp, lease, occupation, equalization, premium, windfall profits, customs duties,
capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal
property (whether tangible or intangible), sales, use, transfer, registration, value added, alternative or add-on minimum, estimated,
or other tax, charges or fees of any kind whatsoever, whether computed on a separate or consolidated, unitary or combined basis
or in any other manner, including any interest, penalty, or addition thereto, whether disputed or not.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax Return</U>&rdquo;
shall mean any return (including estimated), declaration, report, claim for refund, or information return or statement relating
to Taxes, filed, or to be filed, with a Governmental Authority, including any schedule or attachment thereto, and including any
amendment thereof.</P>


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<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white; text-align: justify; text-indent: 0.5in">10.2.<FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Other Defined Terms</U>. The following terms are defined in the sections indicated.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">$1.60 Warrant&#9;1.5(a)(iv)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">$2.00 Warrant&#9;1.5(a)(v)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Acquired Assets&#9;1.1</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Acquired Records&#9;1.1(c)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Agreement</TD><TD>preamble</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Applicable Date&#9;3.5(b)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Assigned Leases&#9;1.1(j)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Assumed Contracts&#9;1.1(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Assumed Liabilities&#9;1.3</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Balance Sheet&#9;3.5(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Balance Sheet Date&#9;3.5(a)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Basket</TD><TD>6.4(a)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Bill of Sale&#9;2.2(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Business Intellectual Property&#9;1.1(e)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Cap</TD><TD>6.4(c)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Claim Notice&#9;6.5(d)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Closing</TD><TD>2.1</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Closing Date&#9;2.1</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Disclosure Schedule&#9;Article
III</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Equipment Lease&#9;1.5(a)(ii)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Excluded Assets&#9;1.2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Excluded Liabilities&#9;1.4</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Financial Statements&#9;3.5(a)(ii)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Historical Financials&#9;3.5(a)(ii)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Interim Financials&#9;3.5(a)(i)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Inventories</TD><TD>1.1(b)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Material Contracts&#9;3.4(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Material Customers&#9;3.16(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Material Suppliers&#9;3.16(b)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">notice</TD><TD>8.3</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Net Value&#9;1.5(a)(i)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Net Value Statement&#9;1.6(a)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Note</TD><TD>1.5(a)(i)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Notice of Disagreement&#9;1.6(b)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Parties</TD><TD>preamble</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Permits</TD><TD>1.1(f)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchase Price&#9;1.4(a)(ii)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchase Price Allocation Schedule&#9;1.8</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Purchaser</TD><TD>preamble</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchaser Balance Sheet&#9;4.6(c)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchaser Indemnitees&#9;6.2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchaser Preferred Stock&#9;4.2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Purchaser SEC Documents&#9;4.6(a)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Seller</TD><TD>preamble</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Seller Indemnitees&#9;7.3</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Special Representations&#9;7.1</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Survival Period&#9;6.1</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Termination Date&#9;8.1(d)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Third Party Intellectual Property&#9;3.9(a)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Transfer Taxes&#9;7.3</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Transferred Employees&#9;5.11</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">Warrants</TD><TD>1.5(a)(v)</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">Warrant Shares&#9;1.5(a)(v)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF,
the parties hereto have executed this Agreement on the day and year first above written.</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"><B>PURCHASER:</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">CLEANSPARK, INC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.3in; text-align: justify; text-indent: -0.3in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20%"></TD><TD STYLE="width: 80%"><P STYLE="margin-top: 0; margin-bottom: 0">By: <U>/s/ S. Matthew Schultz&#9;</U></P>
                                                   <P STYLE="margin-top: 0; margin-bottom: 0">Name: S. Matthew Schultz</P>
                                                   <P STYLE="margin-top: 0; margin-bottom: 0">Title: CEO</P></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: justify"><B>SELLER:</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">PIONEER CUSTOM ELECTRIC PRODUCTS CORP.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.3in; text-align: justify; text-indent: -0.3in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.3in; text-align: justify; text-indent: -0.3in">&nbsp;</P>

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<TD STYLE="width: 20%"></TD><TD STYLE="width: 80%"><P STYLE="margin-top: 0; margin-bottom: 0">By: <U>/s/ Nathan Mazurek</U><BR>Name:
                                         Nathan Mazurek</P>
                                         <P STYLE="margin-top: 0; margin-bottom: 0">Title: President</P></TD></TR></TABLE>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #0D0D0D"><B>CleanSpark
to Accelerate Deployments by Acquiring Pioneer Custom Electrical Products Business</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #0D0D0D"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">SALT LAKE CITY and FORT LEE, NJ -- May
8, 2018, /PRNewswire/ --&nbsp;CleanSpark, Inc. (OTC: CLSK), a microgrid company with advanced engineering, software and controls
for innovative distributed energy resource management systems, and Pioneer Power Solutions, Inc. (NASDAQ: PPSI), a company engaged
in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment today announced
that the two companies have signed a definitive agreement wherein CleanSpark will acquire substantially all of the assets and operations
of Pioneer&rsquo;s wholly owned subsidiary, Pioneer Custom Electrical Products (Pioneer CEP).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">As consideration for the assets, CleanSpark
will provide Pioneer with the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">7,000,000 shares of CleanSpark common
stock;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">a 5-year warrant to purchase 1,000,000
shares of CleanSpark common stock at an exercise price of $1.60 per share; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">a 5-year warrant to purchase 1,000,000
shares of CleanSpark common stock at an exercise price of $2.00 per share;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">an 18-month promissory note equal to the
net carrying value of the current assets and liabilities as of the date of closing; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&#183;</FONT></TD><TD><FONT STYLE="font-size: 11pt">An equipment lease agreement that provides for the lease of equipment from Pioneer to CleanSpark;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Closing is anticipated to occur on or
before June 30, 2018.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Pioneer CEP is a designer and manufacturer
of highly engineered custom electrical equipment, including, but not limited to high and medium voltage switchgear, automatic transfer
switches, low and medium voltage control systems, switchboards and panelboards. Since January of 2016, Pioneer CEP has delivered
in excess of $32 million in products and currently has a contracted backlog in excess of $5.6 million. The combined companies have
more than $40 million in outstanding contract proposals issued for fulfillment prior to the end of 2019.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&ldquo;With the acquisition of Pioneer
CEP, we&rsquo;ve secured a specialized, vendor agnostic hardware solution, which, when coupled to our proprietary adaptive controls
platform, allows for a simplified business development model, ease of deployment and opportunity for rapid growth,&rdquo; stated
Matt Schultz, CleanSpark&rsquo;s Chief Executive Officer. &ldquo;Traditional &lsquo;hardware only&rsquo; solutions will now have
locally controlled, AI honed, cloud-based insights to improve energy-security, cyber-security and economic optimization.&rdquo;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="color: #0D0D0D">Nathan Mazurek,
Pioneer's Chairman and Chief Executive Officer, said, &ldquo;</FONT>The planned sale of our switchgear business is an important
part of our strategy to simplify our portfolio, reduce costs and focus on our core transformer business. <FONT STYLE="color: #0D0D0D">Our
switchgear segment and its successful penetration of new and rapidly expanding markets such as distributed generation and energy
storage, has created an exciting strategic opportunity. </FONT>We are committed to creating shareholder value and we believe our
company is better positioned for improved performance with a more simplified offering. At the same time and in our view, the potential
for growth and continued profitability of the switchgear business are enhanced by aligning its assets and capabilities with an
advanced energy solutions provider such as CleanSpark. Through an equity position in CleanSpark, Pioneer shareholders will have
the opportunity to benefit from the future success of this business as part of a growing company with a more synergistic offering.&rdquo;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Pioneer is exploring various options
with respect to the CleanSpark shares and warrants, including distributing them to its shareholders at an appropriate time, as
determined by its board.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; color: #0D0D0D">Pioneer CEP was established
with a particular focus on meeting the custom manufacturing and quick shipment needs of its diverse distributor clientele and their
customers. Pioneer CEP traces its origins back to 1910 as Pico Metal and Pico Electric. Pioneer CEP has decades of experience in
custom metal fabrication, switchboard and panelboard manufacturing in the Southern California market.&nbsp;Pioneer has built a
team of industry veterans from well-established manufacturers having a combined design and manufacturing experience of over 100
years.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><FONT STYLE="color: #0D0D0D">Located
in the heart of Southern California, a cleantech and independent power generation hub, in a modern, 40,000 sq/ft facility in Santa
Fe Springs, Pioneer CEP is easily accessible to all Southern California and Western US customers to fulfill their urgent project
needs. Pioneer CEP is a UL Listed manufacturer </FONT>of highly engineered custom electrical equipment, including, but not limited
to high and medium voltage switchgear, automatic transfer switches, low and medium voltage control systems, switchboards and panelboards
<FONT STYLE="color: #0D0D0D">using electrical components from major manufacturers, such as General Electric and Siemens. In addition,
Pioneer CEP integrates its equipment with products and systems manufactured by major electrical equipment manufacturers, including,
but not limited to, ABB, Rockwell Automation, Southern California Edison, Southern California Gas Company and Eaton Corporation.
</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 4.5pt 6pt 0; text-align: justify; color: #0D0D0D">CleanSpark is a
San Diego based technology company whose services offer clarity, control, and surety for Distributed Energy Resource (DER) and
Microgrid solutions. CleanSpark&rsquo;s patented suite of technology and services enable large power users to meet their objectives
for utility cost savings, greenhouse gas reductions, and energy security by actively managing their power generation and energy
storage resources while also unlocking revenue potential via tenant power sales and/or energy market participation. CleanSpark&rsquo;s
patented approach is technology agnostic, integrating a multitude of DER technologies, which provides for maximum return on new
and legacy investments for each unique site. CleanSpark&rsquo;s proprietary Microgrid Value Stream Optimizer (&micro;VSO) modeling
engine provides a bankable financial proforma with turnkey execution through its increasing ecosystem of reputable partners, and
then automates the operation of the system to deliver upon each customer&rsquo;s primary objective with CleanSpark&rsquo;s mPulse
Software and Control Suite.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 4.5pt 6pt 0; text-align: justify; color: #0D0D0D">mPulse seamlessly
integrates with existing and new DERs while remaining flexible to expand in the future. A unique feature of mPulse is its ability
to learn energy usage patterns and dynamically adopt efficient modes of operation to ensure customers reap the highest financial
returns. By actively coordinating electric loads, self-generation, and energy storage, mPulse is able to significantly lower utility
costs in the near and long term automatically. Regardless of rate structure changes, Clients experience no disruption to their
normal operations, nor do they need to change behaviors to achieve energy reduction and savings. Integrated in mPulse deployments
are additional layers of cyber-security and energy security for critical loads in the event of grid disturbances. All this makes
it easy for commercial and industrial operations to quickly turn proven technologies into moneymaking microgrids that replace total
grid dependence.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><B>About Pioneer
Power Solutions, Inc.</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white">Pioneer Power
Solutions, Inc. manufactures, sells and services a broad range of specialty electrical transmission, distribution and on-site power
generation equipment for applications in the utility, industrial, commercial and backup power markets. Pioneer's principal products
and services include custom-engineered electrical transformers, low and medium voltage switchgear and engine-generator sets and
controls, complemented by a national field-service organization to maintain and repair power generation assets. Pioneer is headquartered
in&nbsp;Fort Lee, New Jersey&nbsp;and operates from 13 additional locations in the U.S.,&nbsp;Canada&nbsp;and&nbsp;Mexico&nbsp;for
manufacturing, centralized distribution, engineering, sales, service and administration. To learn more about Pioneer, please visit
its website at&nbsp;<FONT STYLE="color: #0081F2">www.pioneerpowersolutions.com</FONT>.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><B>About
CleanSpark, Inc.</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white">CleanSpark provides
advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. Our
services consist of intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting services,
and turn-key microgrid implementation services. CleanSpark's software allows energy users to obtain resiliency and economic optimization.
Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented
across commercial, industrial, military and municipal deployment. For more information on CleanSpark, please visit&nbsp;<FONT STYLE="color: #0081F2">http://www.cleanspark.com</FONT>.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white; color: #26282A"><B>Information
about Forward-Looking Statements</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white; color: #26282A">This
release contains forward-looking statements. Forward-looking statements are generally identifiable by the use of words like &quot;may,&quot;
&quot;will,&quot; &quot;should,&quot; &quot;could,&quot; &quot;expect,&quot; &quot;anticipate,&quot; &quot;estimate,&quot; &quot;believe,&quot;
&quot;intend,&quot; or &quot;project&quot; or the negative of these words or other variations on these words or comparable terminology.
The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous
factors and uncertainties outside of our control that can make such statements untrue, including, but not limited to, the asset
purchase transaction not being timely completed, if completed at all; prior to the completion of the asset purchase transaction,
Pioneer&rsquo;s or CleanSpark's respective businesses experiencing disruptions due to transaction-related uncertainty or other
factors making it more difficult to maintain relationships with employees, business partners or governmental entities; and the
parties being unable to successfully implement integration strategies or realize the anticipated benefits of the acquisition, including
the possibility that the expected synergies and cost reductions from the proposed acquisition will not be realized or will not
be realized within the expected time period.&nbsp; In addition, other factors that could cause actual results to differ materially
are discussed in our respective filings with the SEC. Investors and security holders are urged to read these documents free of
charge on the SEC's web site at http://www.sec.gov. We undertake no obligation to publicly update or revise our forward-looking
statements as a result of new information, future events or otherwise.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">Contact &ndash;
CleanSpark Investor Relations:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">S.&nbsp;Matthew Schultz&nbsp;<BR>
Chief Executive Officer&nbsp;<BR>
(801) 244-4405&nbsp;<BR>
<FONT STYLE="color: #0081F2">matt@cleanspark.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pioneer Power Solutions Investor Relations</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Brett Maas, Managing Partner</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Hayden IR</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">(646) 536-7331</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">brett@haydenir.com</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>



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