<SEC-DOCUMENT>0001213900-21-055896.txt : 20211102
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<ACCEPTANCE-DATETIME>20211101195957
ACCESSION NUMBER:		0001213900-21-055896
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		18
CONFORMED PERIOD OF REPORT:	20211028
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20211102
DATE AS OF CHANGE:		20211101

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SG BLOCKS, INC.
		CENTRAL INDEX KEY:			0001023994
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS [5030]
		IRS NUMBER:				954463937
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38037
		FILM NUMBER:		211368807

	BUSINESS ADDRESS:	
		STREET 1:		195 MONTAGUE STREET, 14TH FLOOR
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201
		BUSINESS PHONE:		(646) 240-4235

	MAIL ADDRESS:	
		STREET 1:		195 MONTAGUE STREET, 14TH FLOOR
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CDSI HOLDINGS INC
		DATE OF NAME CHANGE:	19990114

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PC411 INC
		DATE OF NAME CHANGE:	19961001
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES EXCHANGE ACT OF 1934</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in its
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of Principal Executive Offices, Zip Code)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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: 0pt 0">&#160;</p>

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    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Securities registered pursuant to Section 12(b)
of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

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    of Each Class</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 32%; padding-right: 0.8pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Trading
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    <td style="border-bottom: black 1.5pt solid; width: 32%; padding-right: 0.8pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Name
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Emerging growth company&#160;<span id="xdx_901_edei--EntityEmergingGrowthCompany_c20211028__20211028_zTTBtuCO4bT7"><ix:nonNumeric contextRef="From2021-10-28to2021-10-28" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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.&#160;&#9744;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 1.01. Entry into a Material Definitive Agreement.&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 28, 2021, SG Echo LLC (&#8220;SG Echo&#8221;),
a subsidiary of SG Blocks, Inc., a Delaware corporation (the &#8220;Company&#8221;), entered into a Lease Agreement (the &#8220;Lease&#8221;)
with May Properties, LLC, to lease an approximately 56,775 square foot facility located at 101 Waldron Road in Durant Oklahoma (the &#8220;Premises&#8221;).
The date on which SG Echo will become responsible for paying rent under the Lease (the &#8220;Lease Commencement Date&#8221;) will be
the earlier of (i) the date SG Echo begins to operate its business on the Premises or (ii) ninety (90) days after October 28, 2021. The
initial term of the Lease will commence on the Lease Commencement Date and expire one hundred and twenty (120) months after the Lease
Commencement Date, with two five-year options to renew. SG Echo&#8217;s monthly base rent for the Premises will start at $15,991.63 commencing
on the Lease Commencement Date and will increase at the rate of two percent (2%) on an annual basis up to a maximum monthly base rent
of $19,111.47. The Company intends to use the leased Premises to add two new production lines for SG Echo to manufacture projects for
the Company&#8217;s subsidiary, SGB Development Corp., and others. Upon SG Echo completing certain improvements to the Premises, it will
receive a credit against future rent, not to exceed $750,000, for the cost and expense of the improvements to be applied pro rata over
the remaining term of the Lease. The Lease also grants SG Echo an option to purchase the Premises for (i) $1,000,000 after the fifteenth
(15th) through the end of the twenty-fourth (24th) full calendar month of the Lease or (ii) $1,050,000 during the twenty-fifth (25th)
through the end of the thirty-sixth (36th) full calendar month of the Lease. Pursuant to a Guaranty Agreement, dated October 28, 2021
(the &#8220;Guaranty&#8221;), SG Echo&#8217;s obligations under the Lease have been guaranteed by the Company.&#160;</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the Lease, SG Echo entered
into a Loan Agreement (&#8220;Loan Agreement&#8221;) with the Durant Industrial Authority (the &#8220;Authority&#8221;) pursuant to which
it received $750,000 to be used for improvements on the Premises and issued to the Authority a non-interest bearing Forgivable Promissory
Note in the principal amount of $750,000 (the &#8220;Note&#8221;). The Note is due on April 29, 2029 and guaranteed by the Company, provided,
if no event of default has occurred under the Note or Loan Agreement, one-third (1/3) of the balance of the Note will be forgiven on
April 29, 2027, one-half (1/2) of the balance of the Note will be forgiven on April 29, 2028, and the remainder of the balance of the
Note will be forgiven on April 29, 2029. The Loan Agreement includes a covenant by SG Echo to employ a minimum of 75 full-time employees
in Durant Oklahoma and pay them no less than 1.5 times the federal minimum wage, and provides SG Echo 24 months to comply with the provision.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The foregoing descriptions of the Lease, the
Guaranty, the Loan Agreement, and the Note do not purport to be complete and are qualified in their entirety by reference to the
Lease, the Guaranty, the Loan Agreement, and the Note, complete copies of which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4 to
this Current Report on Form 8-K and are incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Item 2.03 &#160;&#160;Creation of a Direct
Financial Obligation or an Obligation Under an Off-balance Sheet Arrangement of a Registrant.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The descriptions of the Lease, the Guaranty, the Loan Agreement, and the
Note in &#8220;Item 1.01 Entry into a Material Definitive Agreement&#8221; of this Current Report on Form 8-K are incorporated by reference
in their entirety into this Item 2.03.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Item 7.01 Regulation FD Disclosure</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.1in; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On November 1, 2021, the Company issued a press
release announcing the entry into the Lease. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form
8-K.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.1in; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The information presented in this Item 7.01 of
this Current Report on Form 8-K and Exhibit 99.1 is being furnished and shall not be deemed filed for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;) or otherwise be subject to the liabilities of that section,
nor is it incorporated by reference into any filing of the Company, under the Securities Act of 1933, as amended, or the Exchange Act,
whether made before or after the date hereof, regardless of any general incorporation language in such filing.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 29.15pt; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 9.01 Financial Statements and Exhibits.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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    <td style="width: 72px"><span style="font: 10pt Times New Roman, Times, Serif">Exhibit 10.1</span></td>
    <td style="text-align: justify"><a href="ea149736ex10-1_sgblocksinc.htm" style="-sec-extract: exhibit"><span style="font: 10pt Times New Roman, Times, Serif">Lease Agreement by and between SG Echo LLC and May Properties, LLC, dated October 28, 2021</span></a></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td>Exhibit 10.2</td>
    <td style="text-align: justify"><a href="ea149736ex10-2_sgblocksinc.htm" style="-sec-extract: exhibit">Guaranty by SG Blocks, Inc., dated October 28, 2021</a></td></tr>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">Exhibit 10.3</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><a href="ea149736ex10-3_sgblocksinc.htm" style="-sec-extract: exhibit">Loan Agreement by and among SG Echo LLC, The Durant Industrial Authority and SG Blocks, Inc., as guarantor, dated October 29, 2021</a></span></td></tr>
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    <td><span style="font: 10pt Times New Roman, Times, Serif">Exhibit 10.4</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><a href="ea149736ex10-3_sgblocksinc.htm">Forgivable Promissory Note, dated October 29, 2021, issued by SG Echo LLC</a></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td><span style="font: 10pt Times New Roman, Times, Serif">Exhibit 99.1</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><a href="ea149736ex99-1_sgblocksinc.htm">Press Release issued by SG Blocks, Inc., dated November 01, 2021</a></span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td><span style="font: 10pt Times New Roman, Times, Serif">Exhibit 104</span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">Cover Page Interactive
    Data File (the cover page XBRL tags are embedded within the inline XBRL document)</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, 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: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td colspan="2" style="padding-right: 1.8pt"><span style="font: 10pt Times New Roman, Times, Serif">SG Blocks,
    Inc.</span></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 60%; padding-right: 0.8pt">&#160;</td>
    <td style="width: 4%; padding-right: 0.8pt">&#160;</td>
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    <td style="padding-right: 0.8pt"><span style="font: 10pt Times New Roman, Times, Serif">Dated: November 1, 2021&#160;</span></td>
    <td style="padding-right: 0.8pt"><span style="font: 10pt Times New Roman, Times, Serif">By:</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 0.8pt"><span style="font: 10pt Times New Roman, Times, Serif">/s/
    Paul Galvin</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font: 10pt Times New Roman, Times, Serif">Name: Paul Galvin</span></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt">&#160;</td>
    <td style="padding-right: 0.8pt"><span style="font: 10pt Times New Roman, Times, Serif">Title: Chairman and Chief
    Executive Officer</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">3</p>

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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ea149736ex10-1_sgblocksinc.htm
<DESCRIPTION>LEASE AGREEMENT BY AND BETWEEN SG ECHO LLC AND MAY PROPERTIES, LLC, DATED OCTOBER 28, 2021
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-indent: 0pt; margin: 0pt; text-align: right">Exhibit 10.1</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 110.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 110.85pt; text-align: center">LEASE</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 1</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">DEFINITIONS AND CERTAIN BASIC PROVISIONS</P>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.5in">1.1 The
following list sets out certain defined terms and certain financial and other information pertaining to this lease;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> (a) <B><U>Landlord</U></B>: May Properties, LLC, a Texas limited liability company</P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> (b) <B><U>Landlord&rsquo;s Addresses for Notices</U></B>: P.O. Box 101, Beeville, Texas 78104</P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> (c) <B><U>Tenant</U></B>: SG Echo LLC, a Delaware limited liability company</P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0in; text-indent: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Tenant&rsquo;s Address for Notices</U></B>: the address of
the Land and the Demised Premises</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B>(d)</B> <B><U>Intentionally Deleted</U></B></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> (e) <B><U>Agent</U></B>: Landlord&rsquo;s Agent: Hudson Peters Commercial (&ldquo;Hudson&rdquo;)</P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(f) <B><U>Land</U></B>:
Landlord&rsquo;s property commonly known as 101 Waldron Road, Durant, OK, which property is described or shown on <B><I><U>Exhibit
A</U></I></B> attached to this lease.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(g) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </FONT><B><U>Demised
Premises</U></B>: shall mean that certain facility on the Land consisting of approximately 56,775 square feet of space (the
&ldquo;<B><U>Facility</U></B>&rdquo;), together with the Land.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(h) <B><U>Commencement Date</U></B>:
shall mean the earlier of ninety (90) days after October 28, 2021 (the &ldquo;<B><U>Effective Date</U></B>&rdquo;) or the date on which
Tenant begins to operate its business in the Demised Premises, which the parties anticipate will be on or before January 1, 2022 (the
&ldquo;<B><U>Anticipated Commencement Date</U></B>&rdquo;), provided the Commencement Date shall not occur until Landlord has removed
all personal property from the Demised Premises. Landlord and Tenant shall execute an amendment to this Lease establishing the Commencement
Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(i)  <B><U>Lease Term</U>:</B>
Commencing on the Commencement Date and expiring on the last day of the one hundred twentieth (120<SUP>th</SUP>) full calendar month
following the Commencement Date (the &ldquo;<B><U>Expiration Date</U></B>&rdquo;) with two (2) five (5) year options to renew as hereinafter
set forth.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </FONT><B> <U>Lease
Year</U></B>: shall mean each successive twelve (12) month period commencing on the first full calendar month during the Lease Term
provided that the first Lease Year shall also include the number of days during the month in which the Commencement Date occurs if
such Commencement Date is not the first day of such month.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0pt; margin: 0pt">(k) <B><U>Guaranteed Rental</U></B>:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
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    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><B>Annual Guaranteed Rental</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><B>Monthly Guaranteed Rental</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD></TR>
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    <TD STYLE="width: 30%; text-align: center; padding-left: 0pt">1</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 32%; text-align: right">191,899.50</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 32%; text-align: right">15,991.63</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center; padding-left: 0pt">2</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">195,737.49</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,311.46</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center; padding-left: 0pt">3</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">199,652.24</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,673.69</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center; padding-left: 0pt">4</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">203,645.28</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16,970.44</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
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<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
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    <TD STYLE="text-align: center; border-bottom: Black 1.5pt solid"><B>Lease Year</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><B>Annual Guaranteed Rental</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><B>Monthly Guaranteed Rental</B></TD><TD STYLE="padding-bottom: 1.5pt"><B>&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 30%; text-align: center">5</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 32%; text-align: right">207,718.14</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 32%; text-align: right">17,309.85</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center">6</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">211,872.50</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,656.04</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">7</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">216,109.95</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,009.16</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center">8</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">220,432.15</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,369.35</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center">9</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">224,840.79</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,736.73</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center; padding-left: 1.6pt">10</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">229,337.61</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19,111.47</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> (l) <B><U>Security Deposit</U></B>: $19,111.47 plus $4,182.</P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(m) <B><U>Permitted
Use</U></B>: Tenant may use the Demised Premises for office, warehousing and manufacturing of shipping containers, wood and steel modular
manufacturing and related components, as well as related office and business uses and for no other purpose whatsoever.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">(n) <B><U>Guarantor</U></B>:
SG Blocks, Inc. provided that upon satisfactory completion of the Tenant Work, Landlord will release SG Blocks, Inc. from the
Guaranty.</P>

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

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 2</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;<B>GRANTING CLAUSE;
LEASE TERM;</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">2.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord leases the Demised Premises to Tenant, and Tenant leases the Demised Premises from Landlord, during the Lease Term, upon
the terms and conditions set forth in this Lease. Landlord represents and warrants that (i) the lease with the former tenant of the Demised
Premises, Wastequip Manufacturing Company, LLC, has been terminated and (ii) the execution, delivery and performance by the Landlord of
this Lease does not violate or conflict with any material agreement or instrument to which the Landlord is a party or by which it is bound.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">2.2 If, both at the date of
exercising the renewal option set out below and at the commencement of the Renewal Term (as hereinafter defined), an Event of
Default is not continuing and outstanding or otherwise cured under the Lease, Tenant shall have the right to renew this Lease for
two (2) terms of five (5) years each after the expiration of the Lease Term (each the &ldquo;<B><U>Renewal Term</U></B>&rdquo;).
Such renewal shall be on the terms and conditions set forth in the Lease, and (i) there shall be no further right to renew or extend
after the expiry of the Renewal Term and (ii) the Guaranteed Rental shall be such increased amount as determined pursuant to
subsection (b) of this section, and the Premises shall be accepted by the Tenant in &ldquo;as is&rdquo; condition at the commencement
of the Renewal Term without the Landlord being required to perform any work in connection therewith. Such renewal right shall be
exercised by Tenant, if at all, by delivery of notice by Tenant to the Landlord not less than six (6) months prior to the expiration
of the Lease Term, failing which, such right shall be null and void and forever extinguished.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">(b) The Guaranteed Rental
for the Renewal Term shall be the Fair Market Rent for the Premises (&ldquo;<B><U>Fair Market Rent</U></B>&rdquo;) but in no event
shall the Guaranteed Rental for a Renewal Term be less than the Guaranteed Rental in effect for the Lease Year immediately prior to
the commencement of such Renewal Term; provided, however, that once the Guaranteed Rental for the applicable Renewal Term as been
established pursuant to this subsection (b), it shall be increased on each anniversary of the commencement of such Renewal Term by
an amount equal to two percent (2%). As used herein, Fair Market Rent means the annual Guaranteed Rental which could reasonably be
obtained by the Landlord for the Premises from a willing tenant or willing tenants dealing at arms&rsquo; length with the Landlord in the
relevant market for a term commencing on the commencement date of the Renewal Term, having regard to all relevant circumstances
including the size and location of the Premises, the facilities afforded, the terms of the lease thereof (including its provisions
for additional rent), the condition of the Premises and the extent and quality of the improvements therein (disregarding any
deficiencies in the condition and state of repair of the Premises as a result of the Tenant&rsquo;s failure to comply with its obligations
hereunder in respect of the maintenance and repair of the Premises), and having regard to rentals currently being obtained for space
in the Property and for comparable space in other buildings comparably located. Within thirty (30) days of Tenant&rsquo;s notice of
exercise of renewal, Landlord shall provide Tenant written notice of Landlord&rsquo;s determination of the Fair Market Rent for the
Renewal Term. If Tenant does not object to such Fair Market Rent within thirty (30) days of receiving such determination, the
Landlord&rsquo;s determination shall be the Fair Market Rent. If, however, Tenant timely objects to such determination by Landlord,
Tenant shall furnish Landlord with Tenant&rsquo;s determination of the Fair Market Rent within thirty (30) days of Tenant&rsquo;s
receipt of Landlord&rsquo;s determination thereof, in which event the parties shall work together to agree on a Fair Market Rent. If
the parties are not able to reach an agreement on the Fair Market Rent on or before the sixtieth (60th) day prior to the
commencement of such Renewal Term, the matter shall be submitted to a mutually agreeable independent real estate appraiser with
substantial experience in the relevant market which shall select which of the two proposed Fair Market Rents that he believes most
closely approximates the Fair Market Rent based on the above factors which shall be the Fair Market Rent for such Renewal Term. The
cost of such appraiser shall be borne by the party whose Fair Market Rent was not selected.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 3</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">DELIVERY OF DEMISED PREMISES; TENANT&rsquo;S
WORK</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">3.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>The Demised Premises is being leased &ldquo;AS IS,&rdquo; with Tenant accepting all defects, if any; and Landlord makes no warranty
of any kind, express or implied, with respect to the Demised Premises (without limitation, Landlord makes no warranty as the habitability,
fitness or suitability of the Demised Premises for a particular purpose nor as to the absence of any toxic or otherwise hazardous substances).
Tenant acknowledges that it has been given the opportunity to inspect the Demised Premises and to have qualified experts inspect the Demised
Premises prior to the execution of this Lease. Notwithstanding the foregoing, Landlord shall remove all personal property from the Demised
Premises within thirty (30) days after the Effective Date. If Landlord, for any reason whatsoever, cannot or does not deliver possession
of the Demised Premises free of any personal property to Tenant on the Anticipated Commencement Date in accordance with this Section 3.1,
this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom and the Commencement
Date, and the duty to pay the Monthly Guaranteed rental, shall be deferred until the time when Landlord can so deliver possession in accordance
with Section 3.1, provided further that if Landlord fails to deliver possession of the Demised Premises free of any personal property
within 60 days of the Effective Date this Lease shall be void or voidable at the election of Tenant, which election is made by furnishing
notice thereof to Landlord at any time prior to the time that Landlord removes such personal property.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">3.2 Tenant shall, at its
sole cost and expense subject to the credits against Guaranteed Rental provided in this Section 3.2, perform the work described on <B><I><U>Exhibit
B</U></I></B> (the &ldquo;<B><U>Tenant&rsquo;s Work</U></B>&rdquo;). The Tenant&rsquo;s Work shall be completed before the first
anniversary of the Commencement Date and pursuant to plans and specifications approved by Landlord, which approval shall not be
unreasonably withheld, delayed or conditioned. All such Tenant&rsquo;s Work shall be performed by licensed contractors in accordance
with applicable laws, statutes, codes, ordinances and other requirements of federal, state and local governmental agencies. All
Tenant&rsquo;s Work shall be funded by Tenant and Tenant shall ensure that no mechanic&rsquo;s or materialmen&rsquo;s or similar
liens are filed or asserted against the Demised Premises arising out of such Tenant&rsquo;s Work. Tenant shall promptly remove any
such liens within ten (10) days after notice from Landlord or Tenant otherwise becoming aware of the existence of such a lien, and
if Tenant fails to do so, an Event of Default by Tenant shall have occurred and, in addition to any other remedies of Landlord,
Landlord may bond, insure over or otherwise pay the amount necessary to cause such removal. The amount so paid, together with
reasonable attorneys&rsquo; fees and expenses, shall be reimbursed by Tenant on demand. Upon completion of the Tenant&rsquo;s Work,
Tenant shall deliver to Landlord any lien releases requested by Landlord together with any documentation confirming such payment.
Nothing in this Section 3.2 shall be interpreted or construed as Landlord granting any consent to Tenant to create any liens on the
Demised Premises and Landlord expressly disclaims the same. Upon Landlord confirming such payment, Tenant shall receive a credit
against future Guaranteed Rental in an amount not to exceed $750,000 of such payments, which credit shall be applied prorata over
the remaining Term. For example, if the Tenant&rsquo;s Work was $750,000 and there were 108 months remaining in the Term, the credit
per month would be $6,944.44. Landlord and Tenant shall execute an amendment to this Lease establishing this credit and the revised
Monthly Guaranteed Rental.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 4</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">RENT; TAXES AND OTHER CHARGES</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">4.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Provided that Landlord has delivered the Demised Premises to Tenant, Rental shall accrue from the Commencement Date, and shall
be payable to Landlord, at Landlord&rsquo;s Address for Notices, or to such other address as Landlord may designate in writing. Tenant shall
pay to Landlord Guaranteed Rental in monthly installments in the amounts specified in Section 1.1(k) of this Lease, without offset or
deduction of any nature. The first monthly installment of Guaranteed Rental shall be paid on execution of this Lease, and subsequent installments
shall be due and payable on or before the first (1<SUP>st</SUP>) day of each succeeding calendar month during the Lease Term, without
any demand or any setoffs whatsoever; provided that if the Commencement Date is a date other than the first (1<SUP>st</SUP>) day of a
calendar month and the Expiration Date is other than the last day of a calendar month, Tenant shall pay the proportionate amount of Guaranteed
Rental due for such months. Tenant agrees to pay to Landlord, if assessed by the jurisdiction in which the Facility is located, any sales,
excise or other tax imposed, assessed or levied in connection with Tenant&rsquo;s payment of rents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">4.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>In the event any rental is not received within five (5) days after its due date for any reason whatsoever, or if any rental payment
is by check which is returned for insufficient funds, then Tenant shall pay a late charge of five percent (5%) of the amount due in addition
to the past due amount. If such payment has not been made by the end of the then current calendar month, Tenant shall pay to Landlord
interest on the amount then due at the lesser of twelve percent (12%) per annum or the maximum legal rate (the &ldquo;<B><U>Interest Rate</U></B>&rdquo;),
such interest to accrue continuously on any unpaid balance due to Landlord by Tenant during the period commencing with the rental due
date and terminating with the date on which Tenant makes full payment of all amounts owing to Landlord at the time of said payment. Any
such late charge or interest payment shall be payable as additional rental under this Lease and shall be payable immediately on demand.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">4.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall be liable for all taxes levied against personal property and trade fixtures placed by Tenant in the Demised Premises
which taxes shall be paid when due and before any delinquency. If any such taxes are levied against Landlord or Landlord&rsquo;s property and
if Landlord elects to pay the same or if the assessed value of Landlord&rsquo;s property is increased by inclusion of personal property and
trade fixtures placed by Tenant in the Demised Premises and Landlord elects to pay the taxes based on such increase, Tenant shall pay
to Landlord upon demand that part of such taxes for which Tenant is primarily liable hereunder. Tenant agrees to pay to Landlord, if assessed
by the state or local jurisdiction in which the Facility is located, any sales, excise or other tax imposed, assessed or levied in connection
with Tenant&rsquo;s payment of Guaranteed Rental, additional rent or other sums payable hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">4.4 Commencing on the
Commencement Date, Tenant shall also be liable for all &ldquo;<B><U>Real Estate Charges</U></B>&rdquo; (as defined below) and
&ldquo;<B><U>Insurance Charges</U>&rdquo; </B>(as defined below) related to the Facility or Landlord&rsquo;s ownership of the Facility.
Tenant&rsquo;s obligations under this Section 4.4 shall be prorated during any partial year (<U>i.e</U>., the first year and the last year
of the Lease Term). &ldquo;<B><U>Real Estate Charges&rdquo;</U></B> shall include ad valorem taxes, general and special assessments,
any tax or charge for governmental services (such as street maintenance or fire protection) which are attributable to the transfer
or transaction directly or indirectly represented by this Lease, by any sublease or assignment hereunder or by any document to which
Tenant is a party creating or transferring (or reflecting the creation or transfer) or any interest or an estate in the Demised
Premises and any tax or charge which replaces or is in addition to any of such above- described &ldquo;Real Estate Charges&rdquo;;
Real Estate Charges shall also include any fees, expenses or costs (including attorney&rsquo;s fees, expert fees and the like) reasonably
incurred by Landlord in protesting or contesting any assessments levied or the tax rate. Real Estate Charges shall not be deemed to
include any franchise, estate, inheritance or general income tax, but shall include any such sales, excise or other tax imposed,
assessed or levied in connection with Landlord&rsquo;s receipt of Tenant&rsquo;s payment of Guaranteed Rental, additional rent or other sums
payable hereunder. &ldquo;<B><U>Insurance Charges</U></B>&rdquo; shall mean the premium for the insurance that Landlord is required
to maintain pursuant to Section 11.2.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">4.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord shall, within thirty (30) days prior to the end of each calendar year, provide an estimate to Tenant of the amounts Tenant
will owe for the Real Estate Charges and Insurance Charges for the following full or partial calendar year of the Term, together with
reasonable documentation with respect to Real Estate Charges and Insurance Charges for the preceding year. In such event, Tenant will
pay, subject to the immediately preceding paragraphs, one-twelfth (1/12) of the estimated annual amounts, on a monthly basis, on the first
(1st) day of each calendar month, together with Tenant&rsquo;s payment of Guaranteed Rental.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 5</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">USE AND CARE OF DEMISED PREMISES</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">5.1 The Demised
Premises shall be used and occupied by Tenant solely for the Permitted Use specified in Section 1.1(m) above and for no other purpose.
Tenant, at its sole cost and expense, shall obtain and keep in effect during the term, all permits, licenses and other authorizations
necessary to permit Tenant to use and occupy the Demised Premises for the Permitted Use. Tenant shall not overload the floors in the Demised
Premises, nor deface or injure the Demised Premises. Tenant shall take good care of the Demised Premises. Tenant shall keep the Demised
Premises and sidewalks, service-ways and loading areas adjacent to the Demised Premises neat, clean and free from rubbish at all times.
Tenant shall store all trash and garbage within the Demised Premises or in a trash dumpster or similar container approved by Landlord
as to type, location and screening. Tenant shall not operate an incinerator or burn trash or garbage within the Facility. Tenant shall
arrange for the regular pick-up of trash and garbage at Tenant&rsquo;s expense (unless Landlord finds its necessary to furnish such service,
in which event upon reasonable prior written notice Tenant shall be charged an equitable portion of the total of the charges to all tenants
using the service). Receiving and delivery of goods and merchandise and removal of garbage and trash shall be made only in the manner
and areas reasonably prescribed by Landlord.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 6</B><B>&nbsp;</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">MAINTENANCE AND REPAIR OF DEMISED PREMISES</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">6.1 During the Term, Tenant shall,
at its sole cost and expense, keep the Facility and the Demised Premises including the roof and roof membrane, if any, and the exterior
walls and structural portion of the Facility, and all building systems (including the heating, electrical, ventilating and air conditioning,
and plumbing systems), parking and all other improvements and appurtenances to the Facility, in good operating condition and make all
necessary repairs and replacements thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE 7</B></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">7.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Except for the Tenant Work, Tenant shall not make any alterations, additions or improvements to the Demised Premises (collectively
&ldquo;<B><U>Alterations</U></B>&rdquo;) without the prior written consent of Landlord, which consent shall not be unreasonably withheld
conditioned or delayed, except for the installation of unattached, movable trade fixtures which may be installed without drilling, cutting
or otherwise defacing the Demised Premises. Tenant shall furnish complete plans and specifications to Landlord at the time it requests
Landlord&rsquo;s consent to any Alterations if the desired Alterations (i) will affect the Facility&rsquo;s mechanical, electrical, plumbing or life
safety systems or services, or (ii) will require the filing of plans and specifications with any governmental or quasi-governmental agency
or authority, or (iii) will cost in excess of One Thousand Dollars ($1,000.00). Subsequent to obtaining Landlord&rsquo;s consent and prior to
commencement of the Alterations, Tenant shall deliver to Landlord any building permit required by applicable law and a copy of the executed
construction contract(s). Tenant shall reimburse Landlord within ten (10) days after the rendition of a bill for all of Landlord&rsquo;s reasonable
actual out-of-pocket costs incurred in connection with any Alterations, including, without limitation, all management, engineering, outside
consulting, and construction fees incurred by or on behalf of Landlord for the review and approval of Tenant&rsquo;s plans and specifications
and for the monitoring of construction of the Alterations. If Landlord consents to the making of any Alteration, such Alteration shall
be made by Tenant at Tenant&rsquo;s sole cost and expense by a contractor approved in writing by Landlord. Tenant shall require its contractor
to maintain insurance in commercially reasonable amounts. Any construction, alteration, maintenance, repair, replacement, installation,
removal or decoration undertaken by Tenant in connection with the Demised Premises shall be completed in accordance with plans and specifications
which must be approved by Landlord, shall be carried out in a good, workmanlike and prompt manner, shall comply with all applicable Regulations
of the authorities having jurisdiction thereof, and shall be subject to supervision by Landlord or its employees, agents or contractors.
Without limiting the generality of the immediately preceding sentence, any installation or replacement of Tenant&rsquo;s heating or air conditioning
equipment must be effected strictly in accordance with Landlord&rsquo;s instructions, the Clean Air Act and all other applicable Regulations.
Without Landlord&rsquo;s prior written consent, Tenant shall not use any portion of the Common Areas either within or without the Facility in
connection with the making of any Alterations. If the Alterations which Tenant causes to be constructed result in Landlord being required
to make any alterations and/or improvements to other portions of the Facility in order to comply with any applicable Regulations, then
Tenant shall reimburse Landlord upon demand for all costs and expenses incurred by Landlord in making such alterations and/or improvements.
Any Alterations made by Tenant shall become the property of Landlord upon installation and shall remain on and be surrendered with the
Demised Premises upon the expiration or sooner termination of this Lease, except Tenant shall upon demand by Landlord, at Tenants sole
cost and expense, forthwith and with all due diligence remove all or any portion of any Alterations made by Tenant which are designated
by Landlord to be removed and repair and restore the Demised Premises in a good and workmanlike manner to their original condition, reasonable
wear and tear excepted.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">7.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>All construction work done by Tenant within the Demised Premises shall be performed in a good and workmanlike manner with new materials
of first-class quality, lien-free and in compliance with all governmental requirements and Regulations, and in such manner as to cause
a minimum of interference with other construction in progress and with the transaction of business in the Facility. TENANT AGREES TO INDEMNIFY
LANDLORD AND HOLD LANDLORD HARMLESS AGAINST ANY LOSS, LIABILITY OR DAMAGE RESULTING FROM SUCH WORK, provided such loss liability or damage
was not caused by the Landlord, its agents, employees or representatives.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">7.3 Nothing contained in
this Lease shall be construed as constituting the consent or request of Landlord, express or implied, to or for the performance by
any contractor, laborer, materialman or vendor of any labor or services or for the furnishing of any materials for any construction,
alteration, addition, repair or demolition of or to the Demised Premises or any part thereof. Tenant and any subtenants shall have
no power to do any act or make and contract which may create or be the foundation of any lien, mortgage or other encumbrance upon
the reversionary or other estate of Landlord, or any interest of Landlord in the Demised Premises. NOTICE IS HEREBY GIVEN THAT
LANDLORD IS NOT AND SHALL NOT BE LIABLE FOR ANY LABOR, SERVICES OR MATERIALS FURNISHED OR TO BE FURNISHED TO TENANT OR TO ANYONE
HOLDING THE DEMISED PREMISES OR ANY PART THEREOF, AND THAT NO MECHANICS&rsquo; OR OTHER LIENS FOR ANY SUCH LABOR, SERVICES OR MATERIALS
SHALL ATTACH TO OR AFFECT THE INTEREST OF LANDLORD IN AND TO THE DEMISED PREMISES.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 8</B></P>

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

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">LANDLORD&rsquo;S RIGHT OF ACCESS</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">8.1 Landlord
and Landlord&rsquo;s agents and representatives shall have the right to enter the Demised Premises at any time in case of an emergency, and
at all reasonable times following not less than seventy-two (72) hours prior notice (which may be by email) for any purpose permitted
pursuant to the terms of this Lease, including, but not limited to, examining the Demised Premises; showing the Demised Premises to prospective
purchasers, mortgagees and tenants (only during the last six months of the Term, assuming Tenant has not exercised any applicable Renewal
Term); or posting notices of nonresponsibility. Landlord shall have the right to use any and all means to open the doors to the Demised
Premises in an emergency in order to obtain entry thereto without liability to Tenant therefore, except to the extent caused by the gross
negligence of Landlord. Any entry to the Demised Premises by Landlord in an emergency by any of the foregoing means, or otherwise, shall
not be construed or deemed to be a forcible or unlawful entry into or a detainer of the Demised Premises, or an eviction, partial eviction
or constructive eviction of Tenant from the Demised Premises or any portion thereof, and shall not relieve Tenant of its obligations hereunder.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 9</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">9.1 Tenant shall not place
or permit to be placed any signs upon (i) the Demised Premises or (ii) the roof of any building(s) within the Facility, without
Landlord&rsquo;s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed. Upon request of
Landlord, Tenant shall immediately remove any sign, advertising material or lettering in violation of the foregoing or if required
in connection with any cleaning, maintenance or repairs to the Facility and if Tenant fails to do so, Landlord may without liability
remove the same at Tenant&rsquo;s expense. Tenant shall comply with such reasonable regulations as may from time to time be promulgated by
Landlord governing signs, advertising material or lettering of all tenants in the Facility.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">10.1 Tenant shall provide
and pay for its own heat, air conditioning, water, gas, electricity and any other utilities. The obligation of Tenant to pay for such
utilities shall commence as of the date on which possession of the Demised Premises is delivered to Tenant, without regard to any free
rental period, if any, or formal Commencement Date of this Lease. Landlord shall not be liable to Tenant for any loss, damage or expense
which Tenant may sustain if the quality or character of utilities used upon or furnished to the Demised Premises are no longer available
or suitable for Tenant&rsquo;s requirements, or if said utilities are interrupted as a result of actions by the public utility companies
or any cause other than Landlord&rsquo;s gross negligence or willful default.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE 11</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">11.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall procure and maintain throughout the term of this Lease, at its sole cost and expense, the following insurance: (a)
Commercial General Liability Insurance, with (i) Contractual Liability endorsement under which the insurer agrees to insure Tenant&rsquo;s indemnification
obligations under this Lease, (ii) a severability of interest endorsement, (iii) limits of not less than Three Million Dollars ($3,000,000)
per occurrence, Three Million Dollars ($3,000,000) general aggregate, and Three Million Dollars ($3,000,000) Fire Damage; (b) Causes of
Loss - Special Form property insurance covering Tenant&rsquo;s personal property, trade fixtures, furniture, and equipment, from loss or damage
by fire, flood, windstorms, hail, earthquakes, explosion, riot, damage from aircraft and vehicles, smoke damage, vandalism and malicious
mischief and such other risks as are from time to time covered under &ldquo;extended coverage&rdquo; endorsements and special extended coverage
endorsements commonly known as &ldquo;all risks&rdquo; endorsements, containing the waiver of subrogation required in Section 12.3 of this
Lease and in an amount equal to the full replacement value; and (c) State Worker&rsquo;s Compensation Insurance in the statutorily mandated
limits. It is expressly understood and agreed that the foregoing minimum limits of insurance coverage shall not limit the liability of
Tenant for its acts or omissions as provided in this Lease. All of the foregoing insurance policies (with the exception of Worker&rsquo;s Compensation
Insurance to the extent not available under statutory law) shall name on a primary and noncontributory basis Landlord, any mortgagee,
any managing agent for the Facility and such other parties as Landlord shall from time to time designate as an additional insured as their
respective interests may appear, and shall provide that any loss shall be payable to Landlord and any other additional insured parties
as their respective interests may appear. All insurance required hereunder shall be placed with good and solvent insurance companies licensed
to do business in the State where the Demised Premises is located. All such policies shall be written as primary policies with regard
to any claims, damages or liabilities arising out of Tenant&rsquo;s obligations under this Lease, with Landlord&rsquo;s policies of insurance serving
only as excess coverage. Tenant shall deliver to Landlord certificates of insurance evidencing the coverages required herein, containing
an endorsement that the insurer will endeavor to give Landlord thirty (30) days prior written notice of a cancellation or material change
to such policy. If Tenant should fail to comply with the foregoing requirement relating to insurance, Landlord may, after five (5) business
days prior written notice to Tenant, obtain such insurance and Tenant shall pay to Landlord on demand as additional rental hereunder the
premium cost thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">11.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord shall procure and maintain throughout the term of this Lease a policy of insurance against loss or damage to the Facility
by fire or other casualty, with the coverages set forth in the attached <B><I><U>Exhibit D</U></I></B>, with good and solvent insurance
companies licensed to do business in the State in which the Demised Premises are located.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 12</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">WAIVER OF LIABILITY; MUTUAL WAIVER
OF SUBROGATION</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">12.1 LANDLORD AND LANDLORD&rsquo;S
AGENTS AND EMPLOYEES SHALL NOT BE LIABLE TO TENANT, NOR TO TENANT&rsquo;S EMPLOYEES, AGENTS OR VISITORS, NOR TO ANY OTHER PERSON WHOMSOEVER,
FOR ANY INJURY TO PERSON OR DAMAGE TO PROPERTY CAUSED BY THE DEMISED PREMISES OR OTHER PORTIONS OF THE FACILITY BECOMING OUT OF REPAIR
OR BY DEFECT OR FAILURE OF ANY STRUCTURAL ELEMENT OF THE DEMISED PREMISES OR BY THE BACKING UP OF DRAINS, OR BY GAS, WATER, STEAM, ELECTRICITY,
OR OIL LEAKING, ESCAPING OR FLOWING INTO THE DEMISED PREMISES (EXCEPT WHERE DUE TO LANDLORD&rsquo;S WILLFUL FAILURE TO MAKE REPAIRS REQUIRED
TO BE MADE BY LANDLORD HEREUNDER, AFTER THE EXPIRATION OF A REASONABLE TIME AFTER WRITTEN NOTICE TO LANDLORD), NOR SHALL LANDLORD BE
LIABLE TO TENANT, NOR TO TENANT&rsquo;S EMPLOYEES, AGENTS OR VISITORS, NOR TO ANY OTHER PERSON WHOMSOEVER, FOR ANY LOSS OR DAMAGE THAT MAY
BE OCCASIONED BY OR THROUGH THE ACTS OR OMISSIONS OF OTHER TENANTS OF THE FACILITY OR OF ANY OTHER PERSONS WHOMSOEVER.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">12.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>LANDLORD SHALL NOT BE LIABLE TO TENANT OR TO TENANT&rsquo;S EMPLOYEES, AGENTS, CONTRACTORS, OR TO ANY OTHER PERSON WHOMSOEVER, FOR ANY
INJURY TO PERSON OR DAMAGE TO PROPERTY ON OR ABOUT THE DEMISED PREMISES, THE BUILDING, THE FACILITY OR THE COMMON AREA CAUSED BY THE NEGLIGENCE
OR MISCONDUCT OF TENANT, ITS EMPLOYEES, AGENTS, SUBTENANTS, INVITEES, CUSTOMERS, LICENSEES OR CONCESSIONAIRES (COLLECTIVELY, THE &ldquo;<B><U>TENANT
PARTIES</U></B>&rdquo;), OR ARISING OUT OF THE USE OF THE DEMISED PREMISES BY TENANT AND THE CONDUCT OF ITS BUSINESS THEREIN, OR ARISING
OUT OF ANY BREACH OR DEFAULT BY TENANT IN THE PERFORMANCE OF ITS OBLIGATIONS UNDER THIS LEASE; AND TENANT HEREBY AGREES TO INDEMNIFY,
DEFEND AND HOLD LANDLORD HARMLESS FROM ANY LOSS, EXPENSE OR CLAIMS ARISING OUT OF SUCH DAMAGE OR INJURY. FURTHERMORE, TENANT AGREES TO
INDEMNIFY, DEFEND AND HOLD LANDLORD HARMLESS FROM AND AGAINST ANY AND ALL DAMAGES, LOSSES, LIABILITY, CLAIMS, DEMANDS, AND CAUSES OF ACTION
OF ANY KIND AND NATURE ARISING OR GROWING OUT OF OR IN ANY WAY CONNECTED WITH TENANT&rsquo;S USE, OCCUPANCY, MANAGEMENT OR CONTROL OF THE DEMISED
PREMISES AND/OR TENANT&rsquo;S OPERATIONS OR ACTIVITIES IN THE FACILITY.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">12.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>LANDLORD AND TENANT EACH HEREBY RELEASE THE OTHER FROM ANY AND ALL LIABILITY OR RESPONSIBILITY TO THE OTHER, OR TO ANY OTHER PARTY
CLAIMING THROUGH OR UNDER THEM BY WAY OF SUBROGATION OR OTHERWISE, FOR ANY LOSS OR DAMAGE TO PROPERTY CAUSED BY A CASUALTY WHICH IS INSURABLE
UNDER STANDARD FIRE AND EXTENDED COVERAGE INSURANCE. THE RELEASE SPECIFIED IN THIS SECTION 12.3 IS CUMULATIVE WITH ANY RELEASES OR EXCULPATIONS
WHICH MAY BE CONTAINED IN OTHER PROVISIONS OF THIS LEASE. LANDLORD AND TENANT AGREE THAT ALL POLICIES OF INSURANCE OBTAINED BY THEM PURSUANT
TO THE TERMS OF THIS LEASE SHALL CONTAIN PROVISIONS OR ENDORSEMENTS THERETO WAIVING THE INSURER&rsquo;S RIGHTS OF SUBROGATION WITH RESPECT TO
CLAIMS AGAINST THE OTHER, AND, UNLESS THE POLICIES PERMIT WAIVER OF SUBROGATION WITHOUT NOTICE TO THE INSURER, EACH SHALL NOTIFY ITS INSURANCE
COMPANIES OF THE EXISTENCE OF THE WAIVER AND INDEMNITY PROVISIONS SET FORTH IN THIS LEASE.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">12.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>THE PROVISIONS OF THIS ARTICLE 12 SHALL SURVIVE THE EXPIRATION OR SOONER TERMINATION OF THIS LEASE.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 13</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall give immediate written notice to the Landlord of any damage caused to the Demised Premises by fire or other casualty.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>If the Demised Premises are damaged or destroyed by fire or other casualty (&ldquo;<B><U>Casualty</U></B>&rdquo;), Landlord will,
within sixty (60) days after the date of the Casualty, notify Tenant of the number of days, from the date of the Casualty, that Landlord
estimates will be required to complete the repair and restoration (&ldquo;<B><U>Landlord&rsquo;s Casualty Notice</U></B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.3 In the event that
the Demised Premises shall be damaged or destroyed by fire or other Casualty insurable under standard fire and extended coverage
insurance and Landlord does not elect to terminate this Lease as hereinafter provided, Landlord shall proceed with reasonable
diligence to rebuild and repair the Demised Premises, provided that the repair of any damage which is exclusively caused by the
negligence or willful misconduct of Tenant or any Tenant Parties shall be paid by Tenant. In the event (a) the building in which the
Demised Premises are located is destroyed or substantially damaged by a casualty not covered by Landlord&rsquo;s insurance, or (b) such
building is destroyed or rendered untenantable to an extent in excess of thirty percent (30%) of the floor area by a casualty
covered by Landlord&rsquo;s insurance, or (c) the holder of a mortgage, deed of trust or other lien on such building at the time of the
casualty elects, pursuant to such mortgage, deed of trust or other lien, to require the use of all or part of Landlord&rsquo;s insurance
proceeds in satisfaction of all or part of the indebtedness secured by the mortgage, deed of trust or other lien, or (d) the Demised
Premises shall be damaged to the extent of 50% or more of the cost of replacement, or (e) Tenant fails to pay any repair costs for
which it is liable within thirty (30) days of invoice, then Landlord may elect either to terminate this Lease or to proceed to
rebuild and repair the Demised Premises.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>If a material portion of the Demised Premises is damaged by Casualty such that Tenant is prevented from conducting its business
in the Demised Premises in a manner reasonably comparable to that conducted immediately before such Casualty and Landlord&rsquo;s Casualty Notice
estimates that the damage caused thereby cannot be repaired within one hundred eighty (180) days after the date of the Casualty, then
Tenant may terminate this Lease by delivering written notice to Landlord of its election to terminate within thirty (30) days after Tenant&rsquo;s
receipt of Landlord&rsquo;s Casualty Notice.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord&rsquo;s obligation to rebuild and repair under this Article 13 shall in any event be limited to restoring the Demised Premises
to substantially the same condition in which the same existed prior to the casualty, but in no event shall Landlord be required to expend
an amount greater than the insurance proceeds actually received by Landlord in connection with such casualty. Tenant agrees that promptly
after completion of such work by Landlord, Tenant will proceed with reasonable diligence and at Tenant&rsquo;s sole cost and expense to restore,
repair and replace all alterations, additions, improvements, fixtures, signs and equipment installed by Tenant.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">13.6<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant agrees that during any period of reconstruction or repair of the Demised Premises, it will continue the operation of its
business within the Demised Premises to the extent practicable. During the period from the occurrence of the casualty until Landlord&rsquo;s
repairs are completed, Rent and all other charges will equitably abate in proportion to the nature and extent of the interference with
Tenant&rsquo;s normal operation of its business from the Demised Premises.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 14</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">14.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall not assign or in any manner transfer this Lease or any estate or interest therein, or sublet the Demised Premises
or any part thereof, or grant any license, concession or other right of occupancy of any portion of the Demised Premises without the prior
written consent of Landlord. Landlord agrees that it will not unreasonably withhold, condition or delay consent; however, in determining
whether or not to grant its consent, Landlord shall be entitled to take into consideration factors such as the reputation and net worth
of the proposed transferee, and the then current market conditions (including market rentals). In addition, Landlord shall also be entitled
to charge Tenant a reasonable fee for processing Tenant&rsquo;s request. Consent by Landlord to one or more assignments or sublettings shall
not operate as a waiver of Landlord&rsquo;s rights as to any subsequent assignments and sublettings. In all events, Landlord can refuse to consent
to an assignment or sublease if there shall exist any uncured default of Tenant or, a matter which will become a default with the passage
of time.</P>

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

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

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    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">14.2 Notwithstanding
anything to the contrary contained herein, and without prejudice to Landlord&rsquo;s right to require a written assumption from each
assignee, any person or entity to whom this Lease is assigned including, without limitation, assignees pursuant to the provisions of
the Bankruptcy Code, 11 U.S.C. Paragraph 101 <U>et seq</U>. (the &ldquo;<B><U>Bankruptcy Code</U></B>&rdquo;) shall automatically be
deemed, by acceptance of such assignment or sublease or by taking actual or constructive possession of the Demised Premises, to have
assumed all obligations of Tenant arising under this Lease effective as of the earlier of the date of such assignment or sublease or
the date on which the assignee or sublessee obtains possession of the Demised Premises.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">14.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Notwithstanding any assignment or subletting, Tenant shall at all times remain fully responsible and liable for the payment of
the rent herein specified and for compliance with all of its other obligations under this Lease (even if future assignments and sublettings
occur subsequent to the assignment or subletting by Tenant, and regardless of whether or not Tenant&rsquo;s approval has been obtained for such
future assignments and sublettings). Moreover, in the event that the rental due and payable by a sublessee (or a combination of the rental
payable under such sublease plus any bonus or other consideration therefor or incident thereto) exceeds the rental payable under this
Lease, or if with respect to a permitted assignment, permitted license or other transfer by Tenant permitted by Landlord, the consideration
payable to Tenant by the assignee, licensee or other transferee exceeds the rental payable under this Lease, then Tenant shall be bound
and obligated to pay Landlord one-half (1/2) of all such excess rental and other excess consideration within ten (10) days following receipt
thereof by Tenant from such sublessee, assignee, licensee or other transferee, as the case may be.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">14.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall not mortgage, pledge or otherwise encumber its interest in this Lease or in the Demised Premises.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">14.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>In the event of the transfer and assignment by Landlord of its interest in this Lease and in the building containing the Demised
Premises to a person expressly assuming Landlord&rsquo;s obligations under this Lease, Landlord shall thereby be released from any further obligations
hereunder, and Tenant agrees to look solely to such successor in interest of the Landlord for performance of such obligations. Any security
given by Tenant to secure performance of Tenant&rsquo;s obligations hereunder may be assigned and transferred by Landlord to such successor
in interest and Landlord shall thereby be discharged of any further obligation relating thereto.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 15&nbsp;</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">15.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant accepts this Lease subject and subordinate to any mortgage, deed of trust or other lien presently existing or hereafter
placed upon the Facility or any portion of the Facility which includes the Demised Premises, and to any renewals, modifications and extensions
thereof and this subordination shall be self-operative and no further instrument of subordination is needed. Notwithstanding the foregoing,
Landlord represents to Tenant that there is no mortgage covering the Property on the Effective Date. Tenant agrees that any mortgagee
shall have the right at any time to subordinate its mortgage, deed of trust or other lien to this Lease; provided, however, notwithstanding
that this Lease may be (or is made to be) superior to a mortgage, deed of trust or other lien, the mortgagee shall not be liable for prepaid
rentals, security deposits and claims accruing during or with respect to Landlord&rsquo;s ownership, any amendment or modification made to this
Lease without its prior written consent or any offsets or claims against Landlord; further provided that the provisions of a mortgage,
deed of trust or other lien relative to the right of the mortgagee with respect to proceeds arising from an eminent domain taking (including
a voluntary conveyance by Landlord) and provisions relative to proceeds arising from insurance payable by reason of damage to or destruction
of the Demised Premises shall be prior and superior to any contrary provisions contained in this instrument with respect to the payment
or usage thereof. If the holder of any mortgage, indenture or deed of trust or similar instrument (each a &ldquo;<B><U>Mortgagee</U></B>&rdquo;)
succeeds to Landlord&rsquo;s interest in the Demised Premises, Tenant shall, upon request of any such Mortgagee (subject to receipt of the above-referenced
non-disturbance agreement), automatically become the tenant of and attorn to and recognize such Mortgagee as the landlord under this Lease
and will pay to it all rents and other amounts payable by Tenant under this Lease, in accordance with the applicable terms of this Lease.</P>




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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">15.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant may not exercise any remedies for default by Landlord hereunder unless and until Landlord and the holder(s) of any indebtedness
secured by mortgage, deed of trust or other lien on the Demised Premises shall have received written notice of such default and no less
than the number of days set forth in this Lease shall thereafter have elapsed without the default having been cured.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">15.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall, within twenty (20) days after receipt of written notice from Landlord, execute and deliver to Landlord an estoppel
certificate stating that this Lease is unmodified and in full force and effect, or in full force and effect as modified, and stating the
modifications and that there are no defaults under the Lease, or stating the default and the nature thereof if defaults are claimed. The
estoppel certificate also will state the amount of Rent and the dates to which the Rent has been paid in advance. Failure to deliver the
estoppel certificate within twenty (20) days will be conclusive upon Tenant as to the facts of this Lease as may be represented by Landlord.</P>

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

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 16&nbsp;</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">TENANT&rsquo;S PROPERTY</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">16.1 All personal
property of Tenant, including goods, wares, merchandise, inventory, trade fixtures and other personal property of Tenant, shall be stored
at the sole risk of Tenant. Landlord or its agents shall not be liable for any loss or damage to persons or property resulting from fire,
explosion, falling plaster, steam, gas, electricity, water or rain which may leak from any part of the Facility or from the pipes, appliances
or plumbing works therein or from the roof, street or subsurface or from any other places resulting from dampness or any other cause,
or from the act or negligence of any other tenant or any officer, agent, employee, contractor or guest of any such tenant, except damage
or personal injury caused by or due to the gross negligence or willful misconduct of Landlord. Landlord shall not be deemed a bailee,
consignee, or warehouseman (or responsible for the standard of care incidental thereto) with respect to any goods stored or shipped to
or from the Demised Premises for consignment or bailment and Tenant shall insert a clause to that effect in all warehouse receipts or
consignment agreements for the storage or shipment of goods to or from the Demised Premises.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 17</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">17.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Each of the following events shall be deemed to be an &ldquo;<B><U>Event of Default</U></B>&rdquo; by Tenant under this Lease:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall fail to pay any installment of rental or any other obligation under this Lease involving the payment of money and
shall not cure such failure within ten (10) days after written notice thereof to Tenant.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall fail to comply with any material provision of this Lease, other than as described in subsection (a) above, and shall
not cure such failure within thirty (30) days after written notice thereof to Tenant.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(c) Tenant shall become
insolvent or shall make an assignment for the benefit of creditors.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall file a petition under any section or chapter of the federal Bankruptcy Code, as amended, or under any similar law
or statue of the United States or any state thereof and such petition is not discharged within sixty (60) days.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>A receiver or Trustee shall be appointed for the Demised Premises or for all or substantially all of the assets of Tenant.</P>

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




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall desert or vacate or shall commence to desert or vacate the Demised Premises or any substantial portion of the Demised
Premises or at any time prior to the last month of the Lease Term shall remove or attempt to remove, without providing reasonable additional
insurance and security for the Demised Premises, all or a substantial amount of Tenant&rsquo;s goods, wares, equipment, fixtures, furniture,
or other personal property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall do or permit to be done anything which creates a lien upon the Demised Premises or upon all or any part of the Facility
which is not released within ten (10) days after Tenant receives notice of such lien (unless the Facility is under contract for sale or
being financed or refinanced, in which event within five (5) days).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">17.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Upon the occurrence of any such Event of Default, which remains uncured, Landlord shall have the option to pursue any one or more
of the following remedies to the extent permitted by law:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Without any further notice or demand whatsoever, Tenant shall be obligated to reimburse Landlord for the actual, direct damages
suffered by Landlord as a result of the Event of Default; and Landlord may pursue a monetary recovery from Tenant.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </FONT>
Without any further notice or demand whatsoever, Landlord may take any one or more of the actions permissible at law to insure
performance by Tenant of Tenant&rsquo;s covenants and obligations under this Lease. In this regard, and without limiting the generality of
the immediately preceding sentence, it is agreed that if an Event of Default under Section 17.1 should occur, and provided Tenant
has vacated the Demised Premises, Landlord may enter upon and take possession of such premises in order to protect them from
deterioration and continue to demand from Tenant the monthly rentals and other charges provided in this Lease, without any
obligation to relet; however, if Landlord does, at its sole discretion, elect to relet the Demised Premises, such action by Landlord
shall not be deemed as an acceptance of Tenant&rsquo;s surrender of the Demised Premises unless Landlord expressly notifies Tenant of such
acceptance in writing pursuant to this subsection (b), Tenant hereby agreeing to pay to Landlord on demand any deficiency that may
arise between the monthly rentals and other charges provided in this Lease and that actually collected by Landlord. Finally, it is
agreed that in the event of any default described in subsection (g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp; </FONT>of
Section 17.1 of this Lease, Landlord may pay or bond around such lien, whether or not contested by Tenant; and in such event Tenant
agrees to reimburse Landlord on demand for all costs and expenses incurred in connection with any such action, with Tenant further
agreeing that Landlord shall in no event be liable for any damages or claims resulting from such action.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in"></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord may terminate this Lease by written notice to Tenant, in which event Tenant shall immediately surrender the Demised Premises
to Landlord, and if Tenant fails to do so, Landlord may, pursuant to all applicable laws and without prejudice to any other remedy which
Landlord may have for possession or arrearages in rent (including any late charge or interest which may have accrued pursuant to this
Lease), and, upon vacating of possession of the Demised Premises by Tenant, enter upon and take possession of the Demised Premises. Upon
vacating of possession of the Demised Premises by Tenant, Landlord may also take possession of, remove and sell any items of personal
property left in the Demised Premises in accordance with applicable law. In addition, Tenant agrees to pay to Landlord on demand the amount
of all loss and damage which Landlord may suffer by reason of any termination effected pursuant to this subsection (c), said loss and
damage to be determined by either of the following alternative measures of damages:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 1in">(i) Until Landlord is
able, through reasonable efforts, the nature of which efforts shall be at the sole discretion of Landlord, to relet the Demised
Premises under terms satisfactory to Landlord in its sole discretion, Tenant shall pay to Landlord on or before the first day of
each calendar month the monthly rentals and other charges provided in this Lease. If and after the Demised Premises have been relet
by Landlord, Tenant shall pay to Landlord on the twentieth (20th) day of each calendar month the difference between the monthly
rentals and other charges provided in this Lease for such calendar month and that actually collected by Landlord for such month. If
it is necessary for Landlord to bring suit in order to collect any deficiency, Landlord shall have a right to allow such
deficiencies to accumulate and to bring an action on several or all of the accrued deficiencies at one time. Any such suit shall not
prejudice in any way the right of Landlord to bring a similar action for any subsequent deficiency or deficiencies. Any amount
collected by Landlord from subsequent tenants for any calendar month in excess of the monthly rentals and other charges provided in
this Lease, shall be credited to Tenant in reduction of Tenant&rsquo;s liability for any calendar month for which the amount collected by
Landlord will be less than the monthly rentals and other charges provided in this Lease; but Tenant shall have no right to such
excess other than the above-described credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 1in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>When Landlord desires, Landlord may demand a final settlement. Upon demand for a final settlement, Landlord shall have a right
to, and Tenant hereby agrees to pay, the difference between the total of all monthly rentals and other charges provided in this Lease
for the remainder of the term and the reasonable rental value of the Demised Premises for such period.</P>

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify">If Landlord elects to exercise the
remedy prescribed in subsection 17.2(b) above, this election shall in no way prejudice Landlord&rsquo;s right at any time thereafter to cancel
said election in favor of the remedy prescribed in subsection 17.2(c) above, provided that at the time of such cancellation Tenant is
still in default. Similarly, if Landlord elects to compute damages in the manner prescribed by subsection 17.2(c)(i) above, this election
shall in no way prejudice Landlord&rsquo;s right at any time thereafter to demand a final settlement in accordance with subsection 17.2(c)(ii)
above. Pursuit of any of the above remedies shall not preclude pursuit of any other remedies prescribed in other sections of this Lease
and any other remedies provided by law.</P>

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify">Forbearance by Landlord to enforce
one or more of the remedies herein provided upon an Event of Default shall not be deemed or construed to constitute a waiver of such default.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">17.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>It is further agreed that, in addition to payments required pursuant to subsection above, Tenant shall compensate Landlord for
all reasonable and actual expenses incurred by Landlord in repossession (including, among other expenses, any increase in insurance premiums
caused by the vacancy of the Demised Premises). If on account of any breach or default by Tenant in its obligations hereunder, Landlord
shall employ an attorney to present, enforce or defend any of Landlord&rsquo;s rights or remedies hereunder, Tenant agrees to pay any reasonable
attorneys&rsquo; fees actually incurred and paid by Landlord in such connection.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">17.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>In the event that any one or more provisions of this Article 17 authorizes Landlord to enter the Demised Premises, then to the
extent permitted by applicable laws, Landlord is entitled and is hereby authorized, without any notice to Tenant, to enter upon the Demised
Premises by use of any reasonable means not involving personal confrontation or violence, and to alter or change the door locks on all
entry doors of the Demised Premises, thereby permanently excluding Tenant</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">17.5 Except as otherwise expressly
set forth in this Lease, Tenant shall not for any reason withhold or reduce Tenant&rsquo;s required payments of rentals and other charges provided
in this Lease, it being agreed that the obligations of Landlord under this Lease are independent of Tenant&rsquo;s obligations except as may
be otherwise expressly provided.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE 18</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">18.1 Wherever
any notice is required or permitted hereunder, such notice shall be in writing. Any notice or document required or permitted to be delivered
hereunder shall be given or served in writing and served personally, sent by certified or registered mail (return receipt requested),
or sent by recognized overnight mail delivery service (such as FedEx or United Parcel Service), or sent by electronic mail to the respective
addresses set out in Section 1.1 above, or at such other addresses as they have theretofore specified by written notice. Any notice given
hereunder is deemed to have been given and received on the date of hand delivery, on the third business day after being sent by certified
or registered mail, on the next business day after being sent by overnight mail delivery service, or on the date sent by electronic mail
so long as the email is sent between 8:00 a.m. and 5 p.m. central time otherwise on the next business day.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 19</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">19.1 In the
event Tenant remains in possession of the Demised Premises after the expiration of this Lease and without the execution of a new lease,
it shall be deemed to be occupying said premises as a tenant from month to month at a rental equal to the rental herein provided plus
fifty percent (50%) of such amount and otherwise subject to all the conditions, provisions and obligations of this Lease insofar as the
same are applicable to a month-to-month tenancy. Neither any provision hereof nor acceptance by Landlord of rent after such expiration
or earlier termination shall be deemed a consent to a holdover hereunder or result in a renewal of this Lease or an extension of the Term.
Notwithstanding any provision to the contrary contained herein, (i) Landlord expressly reserves the right to require Tenant to surrender
possession of the Demised Premises upon the expiration of the Term of this Lease or upon the earlier termination hereof, the right to
reenter the Demised Premises, and the right to assert any remedy at law or in equity to evict Tenant and collect damages in connection
with any such holding over, and (ii) TENANT SHALL INDEMNIFY, DEFEND AND HOLD LANDLORD HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS,
ACTIONS, LOSSES, DAMAGES, OBLIGATIONS, COSTS AND EXPENSES, INCLUDING, WITHOUT LIMITATION, REASONABLE ATTORNEYS&rsquo; FEES ACTUALLY INCURRED
OR SUFFERED BY LANDLORD BY REASON OF TENANT&rsquo;S FAILURE TO SURRENDER THE DEMISED PREMISES ON THE EXPIRATION OR EARLIER TERMINATION OF THIS
LEASE IN ACCORDANCE WITH THE PROVISIONS OF THIS LEASE.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 20</B></P>

<P STYLE="text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">COMMISSIONS; ADVICE FROM AGENT</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">20.1 Landlord
shall pay to Hudson a commission for negotiating this Lease, in accordance with a separate agreement. Tenant and Landlord warrant that
they have had no dealings with any broker or agent in connection with this Lease, other than Hudson. LANDLORD AND TENANT COVENANT TO PAY,
HOLD HARMLESS AND INDEMNIFY EACH OTHER FROM AND AGAINST ANY AND ALL COST, EXPENSE OR LIABILITY FOR ANY COMPENSATION, COMMISSIONS OR CHARGES
CLAIMED BY ANY BROKER OR AGENT UTILIZED BY THE INDEMNITOR WITH RESPECT TO THIS LEASE OR THE NEGOTIATION HEREOF, OTHER THAN HUDSON.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 21</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">21.1 Landlord and Tenant
acknowledge that there are now in effect and may hereafter be enacted or go into effect federal, state, county and municipal laws,
orders, rules, directives and regulations relating to or affecting the Demised Premises or the Facility, concerning the impact on
the environment of construction, land use, maintenance and operation of structures, toxic or otherwise hazardous substances, and the
conduct of business, including, without limitation, the Americans With Disabilities Act of 1990 and the Clean Air Act and
regulations issued thereunder (all of the foregoing, as amended from time to time, being herein called the
&ldquo;<B><U>Regulations</U></B>&rdquo;). Tenant will not cause or permit to be caused, any act or practice, by negligence, omission
or otherwise, or do anything or permit anything to be done that would violate any of said Regulations. Moreover, Tenant shall have
no claim against Landlord by reason of any changes Landlord may make in the Facility or the Demised Premises pursuant to said
Regulations or any charges imposed upon Tenant, Tenant&rsquo;s customers or other invitees pursuant to same. Landlord shall deliver the
Demised Premises to Tenant in compliance with the Regulations, as same exist and are interpreted on such date.</P>

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

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 22</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>During the term of this Lease, Tenant shall comply with all Environmental Laws and Environmental Permits (each as hereafter defined)
applicable to the operation or use of the Demised Premises, will cause all other persons occupying or using the Demised Premises to comply
with all such Environmental Laws and Environmental Permits, and will obtain and renew all Environmental Permits required for Tenant&rsquo;s
operation or use of the Demised Premises, if any. Tenant shall not permit or cause any party to bring any Hazardous Materials upon the
Demised Premises that the Landlord has not already approved, or transport, store, use, generate, manufacture, or release any Hazardous
Material in or about the Demised Premises without Landlord&rsquo;s prior written consent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Should Tenant place or knowingly allow to be placed Hazardous Materials on the Demised Premises (either with or without Landlord&rsquo;s
consent), Tenant shall be solely responsible for the removal of the same and if Landlord incurs any liability either during the Term of
this Lease or following the termination of this Lease for the removal of such Hazardous Materials or for damages caused by such Hazardous
Materials placed on the Leased Premises by Tenant, then Tenant shall be responsible to Landlord for those damages specifically including,
but not limited to, the cost of removing such Hazardous Materials and any penalties imposed for having such Hazardous Materials on the
site, provided further that Tenant shall not be responsible for removing or remediating, or bear any legal responsibility or liability,
for Hazardous Materials that were present and existing at the Demised Premises prior to the Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.2.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Notwithstanding anything to the contrary contained herein if any toxic or Hazardous Materials existing at the Demised Premises
prior to the Effective Date prevents or precludes Tenant from operating its business for more than thirty (30) days as determined by a
governmental authority, Tenant may request that Landlord, at its own cost and expense, remediate same, failing which Tenant may as its
sole and exclusive remedy elect to terminate this Lease by giving written notice of termination.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant agrees to indemnify and hold harmless Landlord and its agents, representatives, directors, officers and employees, from
any and all obligations, losses, claims, suits, judgments, liabilities, penalties, damages, costs or expenses that may be incurred by
any indemnified party arising or resulting from Tenant placing or knowingly allowing such Hazardous Materials on the Leased Premises and
for the acts referred to herein, except that Tenant shall not be responsible bear any legal responsibility or liability for Hazardous
Materials that were present and existing at the Demised Premises prior to the Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.4 Landlord agrees to
indemnify and hold harmless Tenant and its agents, representatives, directors, officers and employees, affiliates and guarantors
from any and all obligations, losses, claims, suits, judgments, liabilities, penalties, damages, costs or expenses (including
reasonable attorney&rsquo;s fees) that may be incurred by any indemnified party arising out of, resulting from or related to (a) a
material breach of any covenant or obligation of Landlord hereunder, (b) the dispute between and litigation involving the Landlord
and Wastequip Manufacturing Company, LLC pending in the United States District Court for the Southern District of Texas, Civil
Action No. 20-cv-00063</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant will immediately advise Landlord in writing of any pending or threatened environmental claim hereafter defined) against
Tenant relating to the Demised Premises or the Facility; and/or any condition or occurrence on the Demised Premises or the Facility that
results in noncompliance by Tenant with any applicable Environmental Law, or could reasonably be anticipated to form the basis of an Environmental
Claim against Tenant or Landlord or the Demised Premises. At any time and from time to time during the term of this Lease, Landlord may
perform an environmental site assessment report concerning the Demised Premises, prepared by an environmental consulting firm chosen by
Landlord, indicating the presence or absence of Hazardous Materials caused by Tenant and the potential cost of any compliance, removal
or remedial action in connection with any such Hazardous Materials on the Demised Premises. Tenant shall grant and hereby grants to Landlord
and its agents access to the Demised Premises to undertake such an assessment upon reasonable prior notice to Tenant. Landlord shall be
solely responsible for the cost of any such assessment, unless it reveals a breach by Tenant of its obligations regarding Hazardous Materials,
in which case, Tenant shall reimburse Landlord for the cost of the assessment within ten (10) business days after Tenant&rsquo;s receipt of
an invoice therefor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.6<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>TENANT AGREES TO DEFEND, INDEMNIFY AND HOLD HARMLESS LANDLORD AND ITS AGENT, REPRESENTATIVE, DIRECTORS, OFFICERS AND EMPLOYEES
(EACH AN &ldquo;<B><U>INDEMNITEE</U></B> &ldquo;) FROM AND AGAINST ALL OBLIGATIONS (INCLUDING REMOVAL AND REMEDIAL ACTIONS), LOSSES, CLAIMS,
SUITS, JUDGMENTS, LIABILITIES, PENALTIES, DAMAGES (INCLUDING CONSEQUENTIAL AND PUNITIVE DAMAGES), COSTS AND EXPENSES (INCLUDING ATTORNEYS&rsquo;
AND CONSULTANTS&rsquo; FEES AND EXPENSES) OF ANY KIND OR NATURE WHATSOEVER THAT MAY AT ANY TIME BE INCURRED BY, IMPOSED ON OR ASSERTED AGAINST
SUCH INDEMNITEES DIRECTLY OR INDIRECTLY BASED ON, OR ARISING OR RESULTING FROM (I) THE ACTUAL OR ALLEGED PRESENCE OF HAZARDOUS MATERIALS
ON THE FACILITY WHICH IS CAUSED OR PERMITTED BY TENANT OR A TENANT PARTY AND (II) ANY ENVIRONMENTAL CLAIM RELATING IN ANY WAY TO TENANT&rsquo;S
OPERATION OR USE OF THE DEMISED PREMISES (THE &ldquo;<B><U>HAZARDOUS MATERIALS INDEMNIFIED MATTERS</U></B>&rdquo;), UNLESS SAID HAZARD MATERIALS
WERE PRESENT AND EXISTING AT THE DEMISED PREMISES PRIOR TO THE EFFECTIVE DATE. THE PROVISIONS OF THIS ARTICLE 22 SHALL SURVIVE THE EXPIRATION
OR SOONER TERMINATION OF THIS LEASE.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.7
&ldquo;<B><U>Hazardous Materials</U></B>&rdquo; means (i) petroleum or petroleum products, natural or synthetic gas, asbestos in any
form that is or could become friable, urea formaldehyde foam insulation, and radon gas; (ii) any substances defined as or included
in the definition of &ldquo;hazardous substances,&rdquo; &ldquo;hazardous wastes,&rdquo; &ldquo;hazardous materials,&rdquo; &ldquo;toxic
substances,&rdquo; &ldquo;toxic pollutants,&rdquo; or words of similar import, under any applicable Environmental Law; and (iii) any
other substance exposure which is regulated by any governmental authority. &ldquo;<B><U>Environmental Law</U></B>&rdquo; means any
federal, state or local statute, law, rule, regulation, ordinance, code or rule of common law now or hereafter in effect and in each
case as amended, and any judicial or administrative interpretation thereof, including any consent decree or judgment, relating to
the environment, health, safety or Hazardous Materials, including without limitation, the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980, 42 U.S.C. &sect;&sect; 9601 <U>et seq</U>.; the Hazardous Materials Transportation Act, 49
U.S.C. &sect;&sect; 1801 <U>et seq</U>.; the Toxic Substances Control Act, 15 U.S.C. &sect;&sect; 2601 <U>et seq</U>.; the
Occupational Safety and Health Act, 29 U.S.C. &sect;&sect; 651 et seq. &ldquo;<B><U>Environmental Claims</U></B>&rdquo; means any and
all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of non-compliance or
violation, investigations, proceedings, consent orders or consent agreements relating in any way to any Environmental Law, including
without limitation (i) any and all claims by governmental or regulatory authorities for enforcement, cleanup, removal, response,
remedial or other actions or damages pursuant to any applicable Environmental Law and (ii) any and all Environmental Claims by any
third party seeking damages, contribution, indemnification, cost recovery, compensation or injunctive relief resulting from
Hazardous Materials or arising from alleged injury or threat of injury to health, safety or the environment.
&ldquo;<B><U>Environmental Permits</U></B>&rdquo; means all permits, approvals, identification numbers, licenses and other
authorizations required under any applicable Environmental Law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">22.8<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>The indemnities contained in this Article 22 shall survive the termination or expiration of this Lease.</P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 23</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall peaceably and quietly hold and enjoy the Demised Premises for the Term, without hindrance from Landlord or any party
claiming by, through, or under Landlord, but not otherwise, subject to the terms and conditions of this Lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Nothing in this Lease shall be deemed or construed by the parties hereto, nor by any third party, as creating the relationship
of principal and agent or of partnership or of joint venture between the parties hereto, it being understood and agreed that neither the
method of computation of rent, nor any other provision contained herein, nor any acts of the parties hereto, shall be deemed to create
any relationship between the parties hereto other than the relationship of landlord and tenant. All covenants and obligations contained
within this Lease shall bind and inure to the benefit of Landlord, its successors and assigns, and shall be binding upon Tenant.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>THE LIABILITY OF LANDLORD, ANY AGENT OF LANDLORD, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, SHAREHOLDERS, OR EMPLOYEES TO
TENANT FOR OR IN RESPECT OF ANY DEFAULT BY LANDLORD UNDER THE TERMS OF THIS LEASE OR IN RESPECT OF ANY OTHER CLAIM OR CAUSE OF ACTION
SHALL BE LIMITED TO THE INTEREST OF LANDLORD IN THE FACILITY, AND TENANT AGREES TO LOOK SOLELY TO LANDLORD&rsquo;S INTEREST IN THE FACILITY
(INCLUDING INSURANCE PROCEEDS TO THE EXTENT NOT USED TO REPAIR THE FACILITY) FOR THE RECOVERY AND SATISFACTION OF ANY JUDGMENT AGAINST
LANDLORD, ANY AGENT OF LANDLORD, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, SHAREHOLDERS, AND EMPLOYEES.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Whenever a period of time is herein prescribed for action to be taken by either party (other than the payment of money), such party
shall not be liable or responsible for, and there shall be excluded from the computation of any such period of time, any delays due to
strikes, riots, acts of God, shortages of labor or materials, war, governmental laws, regulations or restrictions or any other causes
of any kind whatsoever which are beyond the reasonable control of such party.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>If any provision of this Lease should be held to be invalid or unenforceable, the validity and enforceability of the remaining
provisions of this Lease shall not be affected thereby. The captions used herein are for convenience only and do not limit or amplify
the provisions hereof. Whenever herein the singular number is used, the same shall include the plural, and words of any gender shall include
each other gender. No brochure, rendering, information or correspondence shall be deemed to be a part of this agreement unless specifically
incorporated herein by reference.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.6 The laws of the
State of Oklahoma shall govern the interpretation, validity, performance and enforcement of this Lease. Venue for any action under
this Lease shall be the county in which the Demised Premises are located.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.7 Any waiver of the breach of any provision of this
Lease will not be deemed to be a waiver of any other provision of this Lease. No act or thing done by Landlord or Landlord&rsquo;s agents
during the Term of this Lease shall be deemed an acceptance of a surrender of the Demised Premises, unless in writing signed by
Landlord. The delivery of the keys to any employee or agent of Landlord shall not operate as a termination of the Lease or a
surrender of the Demised Premises.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.8<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>This Lease, along with the Exhibits attached hereto, contains the entire agreement between the parties, and no rights are created
in favor of either party other than as specified or expressly contemplated in this Lease. No brochure, rendering, information or correspondence
shall be deemed to be a part of this agreement unless specifically incorporated herein by reference. In addition, no agreement shall be
effective to change, modify or terminate this Lease in whole or in part unless such is in writing and duly signed by the party against
whom enforcement of such change, modification or termination is sought. Either party may request that a memorandum of this Lease in recordable
form be executed by the parties and recorded with the county clerk where the Demised Premises are located provided that in no event shall
this Lease be recorded with such county clerk.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.9<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant shall deliver and surrender to Landlord possession of the Demised Premises immediately upon the expiration of the Term or
the termination of this Lease in as good condition and repair as the same were on the delivery date, as documented in the current photos
of the Demised Premises attached hereto as <B><I><U>Exhibit C</U></I></B> (loss by any insured casualty and ordinary wear and tear only
excepted) and deliver the keys at the office of Landlord or Landlord&rsquo;s agent; provided, however, that upon Landlord&rsquo;s request made at
least thirty (30) days prior to the end of the Term, or the date Tenant is otherwise required to vacate the Demised Premises, Tenant shall
remove all fixtures and equipment affixed to the Demised Premises by Tenant, including but not limited to cranes and rails (but not any
permanent structural beams), and repair and restore the Demised Premises to their condition on the delivery date (loss by any insured
casualty and ordinary wear and tear only excepted), at Tenant&rsquo;s sole expense.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.10<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>LANDLORD AND TENANT HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION
BASED HEREON, ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS LEASE.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">23.11<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Tenant represents and warrants that Tenant is currently in compliance with and shall at all times during the Term (including any
extension thereof) remain in compliance with the regulations of the Office of Foreign Asset Control (&ldquo;<B><U>OFAC</U></B>&rdquo;)
of the Department of the Treasury (including those named on OFAC&rsquo;s Specially Designated and Blocked Persons List) and any statute,
executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit,
Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 24</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">24.1 Tenant has deposited
the amount set forth in Section 1.1(l) (the &ldquo;<B><U>Security Deposit</U></B>&rdquo;) with Landlord to secure Tenant&rsquo;s
performance of its Lease obligations. If Tenant defaults Landlord may, without prejudice to Landlord&rsquo;s other remedies and without
notice to Tenant, apply part or all of the Security Deposit to cure Tenant&rsquo;s default. If Landlord so uses part or all of the
Security Deposit, then Tenant shall within ten (10) days after written demand, pay Landlord the amount used to restore the Security
Deposit to its original amount. Landlord shall not be obligated to keep the Security Deposit as a separate fund, but may mix the
said security with its own funds. Any part of the Security Deposit not used by Landlord as permitted by this paragraph shall be
returned to Tenant, without interest, within thirty (30) days after the Lease ends. If Landlord sells the Facility and transfers the
Security Deposit to the purchaser, Landlord shall be relieved of any liability for the Security Deposit. In addition, Tenant agrees
that any mortgagee, mortgagee in possession or other successor in title shall have no liability or obligation to return or otherwise
account for any Security Deposit to Tenant unless the Security Deposit has been actually received by such person as a Security
Deposit for Tenant&rsquo;s performance under this Lease.</P>

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 25</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">25.1 Tenant
acknowledges that a portion of the Land is subject to that certain License Agreement dated March 22, 2011 between Landlord, as licensor,
and Webstaurant Store, Inc., as licensee (the &ldquo;<B><U>License</U></B>&rdquo;), a copy of which Tenant hereby acknowledges as having
received, which License grants the licensee the right to use the Land, but excluding the Facility, for purposes of parking and storing
tractors and trailers. At any time after the Commencement Date and provided Tenant is not in default of any of its obligations under this
Lease, Tenant may elect to cause Landlord to terminate the License which Landlord may do pursuant to the License on sixty (60) days advance
written notice to licensee. Landlord will exercise such right of termination within ten (10) days of receiving written notice from Tenant
of its election to terminate the License. So long as Tenant does not so elect to terminate the License, Tenant shall receive a credit
against its Guaranteed Rental for any licensee fee received by Landlord with respect to any time period after the Commencement Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>ARTICLE 26</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">26.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>Landlord grants Tenant the option (the &ldquo;<B><U>Purchase Option</U></B>&rdquo;) to purchase the Demised Premises for a purchase
price equal to the Option Price (as defined in Section 26.2) and otherwise on the terms and conditions set forth in this Article 26. Tenant
may exercise the Purchase Option only by serving written notice of such exercise after the fifteen (15<SUP>th</SUP>), but before the end
of the thirty-sixth (36<SUP>th</SUP>), full calendar month after the Commencement Date. Notwithstanding anything in this Lease to the
contrary, if this Lease is terminated prior to the exercise of the Purchase Option, all rights and obligations of Landlord and Tenant
under this Article 26 shall be terminated and rendered null and void. The Purchase Option is personal to SG Echo, LLC and is not assignable,
whether by operation of law or otherwise except to the extent the assignee is affiliated with SG Echo, LLC at the time of exercise and
may not be exercised (nor may the closing pursuant to the exercise thereof take place) at any time that Tenant is in default of its obligations
under this Lease. For purposes of the foregoing, an entity is affiliated with another entity if it controls, is controlled by, or is under
common control with the entity in question.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">26.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>The purchase price payable by Tenant pursuant to the exercise of the Purchase Option (the &ldquo;<B><U>Option Price</U></B>&rdquo;)
shall be (i) $1,000,000 if the Purchase Option is exercised after the fifteenth (15<SUP>th</SUP>), through the end of the twenty-fourth
(24<SUP>th</SUP>), full calendar month or (ii) $1,050,000 if exercised in the twenty-fifth (25<SUP>th</SUP>) through the end of the thirty-sixth
(36<SUP>th</SUP>) full calendar month after the Commencement Date. If Tenant performs any of the Phase II Work (as defined in Section
26.3), Tenant shall be entitled to a credit against the Option Price for 50% of the actual documented costs of such Phase II Work up to
$100,000. For clarity, the credit shall not exceed $50,000 in any event.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">26.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT>If Tenant desires to do any follow up work in connection with the Phase I Environmental Site Assessment dated June 29, 2021 or
the Proposal for Phase II Environmental Site Assessment dated July 15, 2021, Tenant must notify Landlord in writing of its request to
do the same and provide details of nature and scope of such follow up work and receive the approval of Landlord before commencing any
such work (the &ldquo;<B><U>Phase II Work</U></B>&rdquo;), which approval shall not be unreasonably withheld, conditioned or delayed.</P>

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




<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><B>[Signature page follows]</B></P>

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




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




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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt -0.25in; text-indent: 0.75in">EXECUTED as of the latest date accompanying a signature
by Landlord or Tenant below.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">LANDLORD:</TD><TD COLSPAN="2" STYLE="padding-right: 0pt"><B>MAY PROPERTIES, LLC, </B>a Texas limited liability company</TD></TR><TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD COLSPAN="2" STYLE="padding-right: 0pt">&nbsp;</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt; width: 60%">&nbsp;</TD><TD STYLE="padding-right: 0pt; width: 5%">By:</TD>
               <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 0pt; width: 36%">/s/ W. Alex May</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD STYLE="padding-right: 0pt">Name:&nbsp;</TD>
               <TD STYLE="padding-bottom: 1.5pt; padding-right: 0pt">W. Alex May&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD STYLE="padding-right: 0pt">Title:</TD>
               <TD STYLE="padding-bottom: 1.5pt; padding-right: 0pt"> Vice President</TD></TR>
                                                                                                                                                           </TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
  <TD STYLE="padding-left: 0pt; text-indent: 0pt; width: 15%">Date of Signature: </TD>
  <TD STYLE="border-bottom: Black 1.5pt solid; padding-left: 10pt; text-indent: -10pt; width: 25%">10/28/2021</TD></TR>
</TABLE>

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">TENANT:</TD><TD COLSPAN="2" STYLE="padding-right: 0pt"><B>SG ECHO, LLC</B>, a Delaware limited liability company</TD></TR><TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD COLSPAN="2" STYLE="padding-right: 0pt">&nbsp;</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt; width: 60%">&nbsp;</TD><TD STYLE="padding-right: 0pt; width: 5%">By:</TD>
               <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 0pt; width: 36%">/s/ Paul M. Galvin</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD STYLE="padding-right: 0pt">Name:&nbsp;</TD>
               <TD STYLE="padding-bottom: 1.5pt; padding-right: 0pt">Paul M. Galvin</TD></TR>
                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD STYLE="padding-right: 0pt">&nbsp;</TD><TD STYLE="padding-right: 0pt">Title:</TD>
               <TD STYLE="padding-bottom: 1.5pt; padding-right: 0pt">Chairman and CEO</TD></TR>
</TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
  <TD STYLE="padding-left: 0pt; text-indent: 0pt; width: 15%">Date of Signature: </TD>
  <TD STYLE="border-bottom: Black 1.5pt solid; padding-left: 10pt; text-indent: -10pt; width: 25%">10/28/2021</TD></TR>
</TABLE>


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

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

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




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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center; text-indent: 0pt">(DESCRIPTION OF LAND)</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B> A Part of the SW/4 SW/4 of Section 18,
Township 7 South, Range 9 East of the Indian Base and Meridian, in Bryan County, Oklahoma, described as Beginning at the Northwest
corner of the SW/4 SW/4 of said Section 18; Thence South 89 degrees 50 minutes 02 seconds East 1293.60 feet; Thence South 00 degrees
06 minutes 46 seconds East 445.87 feet of the True Point of Beginning; Thence South 00 degrees 06 minutes 46 seconds East 544.13
feet; Thence North 89 degrees 50 minutes 02 seconds West 1295.55 feet; Thence North 544.24 feet; Thence South 89 degrees 50 minutes 02
seconds East 1294.48 feet to the Point of Beginning.</B> </P>

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




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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0pt; margin: 0pt"><B>&nbsp;</B></P>

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

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in; text-align: left">&bull;</TD><TD STYLE="text-align: justify">Spot repair building concrete slab and remove stepped slab
in the SE corner and pour to the height of all adjacent slab heights.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Demo as needed to allow for repairs and as required for our manufacturing process</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Replace/repair of structural steel and metal panels due to fire</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Install fire sprinkler system</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Correct all electrical violations and or replace damaged components as required</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Repair existing cranes</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Service existing overhead doors/ or add doors as required for our manufacturing process</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Paint and flooring in office area</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: left">Electrical and plumbing repairs</TD></TR></TABLE>

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

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center; text-indent: 0pt">Photos of
the Demised Premises as of the date of Execution of the Lease</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center; text-indent: 0pt">https://www.dropbox.com/sh/p743pbwv5l8kjnc/AABzHFlHfapxypFdPe6sY0ega?dl=0</P>

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




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

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



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

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

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

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

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



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

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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ea149736ex10-2_sgblocksinc.htm
<DESCRIPTION>GUARANTY BY SG BLOCKS, INC., DATED OCTOBER 28, 2021
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 10.2&nbsp;</B></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><B>&nbsp;</B></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><B><U>GUARANTY</U></B></P>

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

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

<P STYLE="text-indent: 20pt; margin: 0">May Properties, LLC, a Texas limited liability company, hereinafter referred to as &ldquo;Landlord&rdquo; and SG Echo, LLC, a
Delaware limited liability company, hereinafter referred to as &ldquo;Tenant&rdquo;, entered into a Lease dated October 28, 2021 (the
&ldquo;Lease&rdquo;), relating to certain real property located at 101 Waldron Road, Durant, Oklahoma (the &ldquo;Property&rdquo;). Tenant
is an affiliate of SG Blocks, Inc., a Delaware corporation, hereinafter referred to as &ldquo;Guarantor&rdquo;.</P>

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

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

<P STYLE="margin: 0; text-indent: 20pt">NOW THEREFORE, for and
in consideration of the execution of the Lease by Landlord and as a material inducement to Landlord to execute the Lease, Guarantor hereby
jointly, severally, unconditionally and irrevocably guarantees the prompt payment by Tenant of all sums payable by Tenant under the Lease
and the faithful and prompt performance by Tenant of each and every one of the terms, conditions and covenants of the Lease to be kept
and performed by Tenant as such are defined in the Lease. The reduction of or limitation on any liabilities of Tenant under the Lease
pursuant to any federal or state bankruptcy or insolvency proceeding shall not cause a reduction in or otherwise affect the liabilities
or obligations of Guarantor under this Guaranty.</P>

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

<P STYLE="margin: 0; text-indent: 20pt">It is specifically agreed and understood that so long as the Tenant under the Lease is
an affiliate of Guarantor, the terms of the Lease may be altered, affected, modified or changed by agreement between the Tenant and Landlord
without consent or notice to Guarantor and that this Guaranty shall thereupon and thereafter guarantee the performance of the Lease as
so changed, modified, altered or assigned. Notwithstanding anything to the contrary contained herein, upon Tenant&rsquo;s satisfactory
completion of the Tenant Work, as that term is defined in the Lease, Landlord will release this Guaranty and it shall terminate and be
of no further legal force or effect.</P>

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

<P STYLE="margin: 0; text-indent: 20pt">No notice of default need be given to Guarantor, it being specifically agreed and understood that
the guarantee of the undersigned is a continuing guarantee under which Landlord may proceed forthwith and immediately against Tenant or
against Guarantor following any breach or default by Tenant or for the enforcement of any rights that Landlord may have as against Tenant
pursuant to or under the terms of the Lease or at law or in equity.</P>

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

<P STYLE="margin: 0; text-indent: 20pt">Landlord shall have the right to proceed against Guarantor hereunder
following any default by Tenant without first proceeding against Tenant and without previous notice to or demand upon either Tenant or
Guarantor.</P>

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

<P STYLE="margin: 0; text-indent: 20pt">Guarantor hereby waives (a) notice of acceptance of this Guaranty, (b) demand of payment, presentation and protest, and (c)
any right to require Landlord to proceed against Tenant or any other Guarantor or any other person or entity liable to Tenant.</P>

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

<P STYLE="margin: 0; text-indent: 20pt">This Guaranty,
all acts and transactions hereunder and the rights and obligations of the parties hereto shall be governed by and construed and enforced
in accordance with the laws of the State of Oklahoma. All actions or proceedings arising directly or indirectly hereunder will be litigated
in courts having situs within the State of Oklahoma, and Guarantor hereby expressly consents to the jurisdiction of any such local, state
or federal court, and consents that any service of process in such action or proceeding may be made by personal service upon Guarantor
wherever Guarantor may then be located, or by certified or registered mail directed to Guarantor at 195 Montague Street, 14th Floor, Brooklyn
New York, NY. (CONTINUED ON FOLLOWING PAGE)</P>

<P STYLE="margin: 0; text-indent: 20pt"></P>

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<P STYLE="margin: 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>, Guarantor has executed
this Guaranty as of this <FONT STYLE="font-family: Times New Roman, Times, Serif"><U>28 </U>day of <U>October</U>, 2021.</FONT></P>

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

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

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<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">SG BLOCKS, INC., a Delaware corporation</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 60%">&nbsp;</TD>
  <TD STYLE="width: 4%">&nbsp;</TD>
  <TD STYLE="width: 36%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>By:</TD>
  <TD STYLE="border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt">/s/
                                            Paul M. Galvin</P>
</TD></TR>
</TABLE>

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

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

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<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>ea149736ex10-3_sgblocksinc.htm
<DESCRIPTION>LOAN AGREEMENT BY AND AMONG SG ECHO LLC, THE DURANT INDUSTRIAL AUTHORITY AND SG BLOCKS, INC., AS GUARANTOR, DATED OCTOBER 29, 2021
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 3.4pt 0pt 0pt; text-align: right">Exhibit 10.3</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 3.4pt 180.2pt 0 0; text-align: right">LOAN AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.15pt 0 0; text-align: left"><B>&nbsp;</B></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: 37%"><FONT STYLE="font-size: 10pt"><B>Durant Industrial Authority</B></FONT></TD>
    <TD STYLE="width: 32%; padding-left: 14.35pt"><FONT STYLE="font-size: 10pt"><B>SG Echo, LLC</B></FONT></TD>
    <TD STYLE="width: 31%; padding-left: 7.35pt"><FONT STYLE="font-size: 10pt"><B>SG Blocks, Inc.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>300 W. Evergreen</B></FONT></TD>
    <TD STYLE="padding-left: 0.2in"><FONT STYLE="font-size: 10pt"><B>101 Waldron Road</B></FONT></TD>
    <TD STYLE="padding-left: 7.4pt"><FONT STYLE="font-size: 10pt"><B>195 Montague Street</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>Durant, OK 74701</B></FONT></TD>
    <TD STYLE="padding-left: 0.2in"><FONT STYLE="font-size: 10pt"><B>Durant, OK 74701</B></FONT></TD>
    <TD STYLE="padding-left: 7.4pt"><FONT STYLE="font-size: 10pt"><B>Brooklyn, NY 11201</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Lender&rdquo;)</B></FONT></TD>
    <TD STYLE="padding-left: 0.2in"><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Borrower)</B></FONT></TD>
    <TD STYLE="padding-left: 7.4pt"><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Guarantor)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <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 0 0 2.5pt"><B>$750,000</B></P></TD>
    <TD>
    <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 0 0 0.2in"><B>October 29, 2021</B></P></TD>
    <TD>
    <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 0 0 43.4pt"><B>April 29, 2029</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.55pt"><FONT STYLE="font-size: 10pt"><B>Note Amount</B></FONT></TD>
    <TD STYLE="padding-left: 14.45pt"><FONT STYLE="font-size: 10pt"><B>Effective Date</B></FONT></TD>
    <TD STYLE="padding-left: 43.45pt"><FONT STYLE="font-size: 10pt"><B>Maturity Date</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.55pt 17.25pt 0 8pt; text-align: justify; text-indent: 35.15pt">The Borrower,
with its principal office, place of record-keeping and mailing address stated above, has applied to Lender for a loan to be evidenced
by Borrower's promissory note dated effective <B>October 29, 2021, </B>in the principal amount <B>of $750,000.00 </B>bearing interest
at the rates therein specified and containing certain other terms and conditions as set forth therein (the &quot;Note&quot;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.95pt 0 0 8pt; text-align: justify">In consideration of Lender making such
loan, Borrower agrees as follows:</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 9.5pt 181.4pt 0 0; text-align: right">SECTION I. REPRESENTATIONS AND
WARRANTIES.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8.75pt 0 0 8pt; text-align: justify">Borrower represents to Lender that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(a)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The foregoing statements concerning Borrower are true and correct;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.65pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(b)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">This Loan Agreement, Note, and any other instrument
contemplated in connection herewith (the &quot;Loan Documents&quot;), have been duly authorized, executed and delivered, and constitute
the legal and binding obligations of Borrower enforceable in accordance with their terms, and are not in conflict with any provision of
law or of the articles of incorporation or by-laws of Borrower or any other agreement to which Borrower is a party;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(c)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">There are no known actions, suits or proceedings against
Borrower (for which adequate reserves have not been made on Borrower's books) at law or in equity, or before or by any governmental body
or instrumentality, domestic or foreign; and contingent liabilities of Borrower are fully disclosed in the Financial Information referred
to above;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(d)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">Borrower is not a party to any agreement or instrument
or subject to any charter or other corporate restriction materially and adversely affecting its business, properties, assets, operations
or its general condition whether financial or otherwise;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.45pt">(e)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">No certificate or statement herewith or heretofore
delivered by Borrower to Lender in connection herewith, or in connection with any transaction contemplated hereby, contains any untrue
statement of a material fact or fails to state any material fact necessary to keep the statements contained therein from being misleading.</FONT></TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 8.65pt 0 0 44pt; text-align: justify"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 8.65pt 0 0 44pt; text-align: justify"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 8.65pt 0 0 44pt; text-align: justify">SECTION II. POSITIVE COVENANTS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8.5pt 0 0 44pt; text-align: justify">Borrower covenants to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.75pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.45pt">(a)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Furnish to Lender within a period not to exceed forty-five
(45) days after the closing of each calendar quarter, a true and correct Oklahoma Tax Report in form and substance acceptable to Lender;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(b)</TD><TD STYLE="text-align: justify; padding-right: 5.65pt"><FONT STYLE="font-size: 10pt">Furnish to Lender within a period not to exceed forty-five
(45) days after the closing of each calendar quarter, an employee summary, in form and substance acceptable to Lender;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(c)</TD><TD STYLE="text-align: justify; padding-right: 5.65pt"><FONT STYLE="font-size: 10pt">At all times during the term of the Note, maintain
a minimum of seventy (75) full time employees of Borrower, as that term is defined by applicable federal and state statutes and regulations.
This covenant shall be tested on an annual basis, as of December 31 of</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.95pt 5.85pt 0 44pt; text-align: justify">each year, beginning December 31,
2022. Borrower will have twenty four (24) months in which to fully comply with this provision.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.1pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(d)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Comply with the requirement to maintain Hourly Wages
of 1.5 times the Federally Mandated Minimum Wage, as established on the date of this Agreement, for all employees. For the purposes of
this Agreement, the term &quot;Federally Mandated Minimum Wage&quot; shall mean the sum of $7.25 per employee hour worked. This covenant
shall be tested on an annual basis, as of December 31 of each year, beginning December 31, 2022.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(e)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">Offer health insurance benefits to all employees
of Borrower as prescribed in Oklahoma Statutes Annotated, Title 68, Section 3603 effective as of the date of this Agreement. This covenant
shall be tested on an annual basis, as of December 31 of each year, beginning December 31, 2022;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(f)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Offer 401K plan benefits to all full-time employees of Borrower;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.35pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(g)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">At all times keep true and complete books, records
and accounts, and permit Lender through its agents and representatives to visit and inspect Borrower's properties located in Durant, Oklahoma,
and to discuss Borrower's affairs, finances and accounts related to its Durant, Oklahoma facility with its officers, all at such reasonable
times as Lender may desire;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.45pt">(h)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Maintain and keep in full force and effect, its existence
as a limited liability company, duly authorized to transact business in the state of Oklahoma, rights and franchises and comply with all
laws applicable to Borrower;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.1pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.45pt">(i)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Pay or cause to be paid all taxes, assessments and
other governmental charges levied upon any of Borrower's properties or in respect of franchises or income before the same became delinquent,
unless the same is being contested in good faith by appropriate proceedings and reserves deemed adequate by Lender have been established
therefor;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.45pt">(j)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Pay all lawful claims, whether for labor, materials
or otherwise, which might or could, if unpaid, become a lien or charge on any property or assets of Borrower, unless the same is being
contested in good faith by appropriate proceedings and reserves deemed adequate to Lender have been established therefor;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(k)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Comply fully with all of the provisions of the Loan Documents;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.65pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(l)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Give immediate notification to Lender of any litigation,
or of any claim or controversy which might become the subject of litigation, of any Federal tax lien, assessment or knowledge of a proposed
tax assessment which would have a material adverse financial impact upon Borrower.</FONT></TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 11pt 0 0 8pt">SECTION III. NEGATIVE COVENANTS.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 20.6pt 0 8pt; text-align: justify; text-indent: 35.25pt">Until the Note
and all other obligations and liabilities of Borrower hereunder are fully paid, Borrower covenants that it will not, without prior written
consent of Lender, suffer or permit any Event of Default to occur under the Loan Documents but shall faithfully preserve and perform all
of their covenants;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 20.6pt 0 8pt; text-align: justify; text-indent: 35.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 20.6pt 0 8pt; text-align: justify; text-indent: 35.25pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 20.6pt 0 8pt; text-align: justify; text-indent: 35.25pt"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 10.65pt 0 0 8pt">SECTION IV. DEFAULT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 9.6pt 0 0 8pt; text-align: left">Each of the following events shall constitute
an Event of Default:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(a)</TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Failure to comply with the Positive Covenants of Section II of this Loan Agreement.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(b)</TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Default in the performance of any covenant or provision of any Loan Documents.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.65pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(c)</TD><TD STYLE="text-align: justify; padding-right: 5.7pt"><FONT STYLE="font-size: 10pt">Borrower shall: (a) execute an assignment for the
benefit of creditors or take any action in furtherance thereof; or (b) admit in writing inability to pay its debts generally as they become
due; or (c) as a debtor, file a petition, case, proceeding, or other action pursuant to, or voluntarily seek the benefit or benefits of
any debtor relief law or take any action in furtherance thereof; or (d) seek, acquiesce in, or suffer the appointment of a receiver, trustee,
or custodian of Borrower; or (e) voluntarily become a party to any proceeding seeking to effect a suspension or having the effect of suspending
any of the rights of Lender granted or referred to in the Loan Documents or take any action in furtherance</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 0 44pt; text-align: left">thereof.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0.65pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.5pt"></TD><TD STYLE="width: 34.4pt">(d)</TD><TD STYLE="text-align: justify; padding-right: 5.75pt"><FONT STYLE="font-size: 10pt">The filing of a petition, case, proceeding, or other
action against Borrower, as a debtor under any debtor relief law; or seeking appointment of a receiver, trustee, or custodian of Borrower
that affects its ability to perform under the Note, or seeking to effect a suspension or having the effect of suspending any of the rights
of Lender granted or referred to in the Loan Documents, and: Borrower admits, acquiesces in, or fails to contest the material allegations
thereof; or (b) the petition, case, proceeding, or other action results in entry of an order for relief or order granting the relief sought
against Borrower; or (c) the petition, case, proceeding, or other action is not permanently dismissed on or before the earliest of trial
thereon or sixty (60) days next following the date of its filing.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(e)</TD><TD STYLE="text-align: justify; padding-right: 5.8pt"><FONT STYLE="font-size: 10pt">The discovery by Lender that any warranty, covenant,
or representation made to Lender by or on behalf of Borrower is false, misleading, erroneous, or breached in any material respect.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(f)</TD><TD STYLE="text-align: justify; padding-right: 5.8pt"><FONT STYLE="font-size: 10pt">A default shall not be an Event of Default if the
default is cured within thirty (30) days following the delivery of or the mailing of written notice from Lender to Borrower's most current
address as reflected in Lender's business records specifying the existence of any such default. If such default is not cured within the
thirty (30) day period, the default shall be an Event of Default without need of any further notice or action by Lender.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9.55pt"></TD><TD STYLE="width: 34.45pt">(g)</TD><TD STYLE="text-align: justify; padding-right: 5.65pt"><FONT STYLE="font-size: 10pt">Upon the occurrence of any such Event of Default,
Lender at its option, without written notice, demand or presentation, which are hereby waived, may declare the unpaid principal of and
accrued interest then owing upon the Note and any other indebtedness of Borrower to Lender, to be immediately due and payable, and upon
such declaration such principal and interest shall become and be forthwith due and payable.</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 18.1pt 0 7.95pt; text-align: justify">Upon any default, Lender is entitled
to the entirety of loaned amount, interest, attorney fees, and collection costs except as specifically set forth herein. Borrower shall
receive credit for all times in which it was in compliance with the terms herein prior to the default. The following shall serve as an
example: The term of the note is 90 months. If Borrower maintains full compliance with the terms herein &ndash; maintaining sufficient
number of employees with required pay and benefits &ndash; for 27 months before defaulting, Borrower shall be responsible for repaying
the borrowed $750,000 less $225,000 (27/90 x $750,000) for a total repayment of $525,000.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 8pt; text-align: justify">SECTION V. MISCELLANEOUS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.45pt 17.95pt 0 7.95pt; text-align: justify; text-indent: 35.4pt">All covenants
and agreements contained herein shall bind and inure to the benefit of, and be enforceable by, the respective successors and assigns of
the parties hereto, whether so expressed or not, and in particular shall inure to the benefit of and be enforceable by the holder of the
Note. No modification, consent, amendment or waiver of any provision of this Agreement, nor consent to any departure by Borrower therefrom
shall be effective unless the same shall be in writing and signed by an officer of Lender, and then shall be effective only in the specific
instance and for the purpose for which given. This Agreement shall be construed and enforced in accordance with the laws of the State
of Oklahoma and any portion hereof held by a court of competent jurisdiction to be invalid or illegal shall not invalidate or nullify
the remainder of this Agreement, but shall be confined only to that portion held invalid or illegal. No failure or delay on the part of
Lender to exercise any right hereunder, shall operate as a waiver thereof; nor shall any single or partial exercise by Lender of any right
hereunder preclude any other or further exercise thereof. The remedies herein provided are cumulative and not exclusive of any remedies
provided by law. All accounting terms not specifically defined herein shall be construed in accordance with generally accepted principals
of good accounting practice consistently applied on the basis used by Borrower in prior years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.45pt 17.95pt 0 7.95pt; text-align: justify; text-indent: 35.4pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.45pt 17.95pt 0 7.95pt; text-align: justify; text-indent: 35.4pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4pt 18.85pt 0 8pt; text-align: justify; text-indent: 34.9pt">Any notice under
this Agreement shall be in writing and shall be effective when actually delivered or, if mailed, shall be deemed effective when deposited
in the United States mail first class, certified mail, postage prepaid, directed to the addresses shown near the beginning of this Agreement.
Any party may change its address for notices under this Agreement by giving formal written notice to the other parties, specifying that
the purpose of the notice is to change the party's address. For notice purposes, Borrower agrees to keep Lender informed at all times
of Borrower's current address.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 9.4pt 0 0 8pt; text-align: left">Executed this 29<SUP>th</SUP> day of October.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.5pt 0 0 7.95pt"><B>Lender:</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.95pt"><B>Durant Industrial Authority</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 206.95pt 0 43.95pt; text-indent: -0.5in"><B>By:</B> <U>/s/Lisa Taylor&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&#9;</B></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 206.95pt 0 60pt; text-indent: -0.5in"><B>Lisa Taylor, Executive Director</B></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 8pt"><B>SG Echo, LLC</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 200.95pt 0 44pt; text-indent: -0.5in"><FONT STYLE="font-size: 10pt"><B>By:</B></FONT>
<U>/s/ Paul M. Galvin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><B>&#9;</B></FONT></U><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 200.95pt 0 60pt; text-indent: -0.5in"><FONT STYLE="font-size: 10pt"><B>Paul Gavin, Managing Member</B></FONT></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 8pt"><B>SG Blocks, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.55pt 0 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 194.95pt 0 44pt; text-indent: -0.5in"><B>By:</B> <U>/s/ Gerald Sheeran&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&#9;</B></U><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 194.95pt 0 60pt; text-indent: -0.5in"><B>Gerald Sheeran, Acting Chief Financial Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 194.95pt 0 60pt; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 194.95pt 0 60pt; text-indent: -0.5in"></P>

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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>ea149736ex10-4_sgblocksinc.htm
<DESCRIPTION>EXHIBIT 10.43 FORGIVABLE PROMISSORY NOTE, DATED OCTOBER 29, 2021, ISSUED BY SG ECHO LLC
<TEXT>
<HTML>
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<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right"><B>Exhibit 10.4</B></P>

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

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">&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: 37%; padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Durant Industrial Authority</B></FONT></TD>
    <TD STYLE="width: 32%; padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>SG Echo, LLC</B></FONT></TD>
    <TD STYLE="width: 31%; padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>SG Block, Inc.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>300 W. Evergreen</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>101 Waldron Road</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>195 Montague Street</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Durant, OK 74701</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Durant, OK 74701</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Brooklyn, NY 11201</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Lender&rdquo;)</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Borrower)</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>(hereinafter &ldquo;Guarantor)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt">
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>&nbsp;</B></P>
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>$750,000</B></P></TD>
    <TD STYLE="padding-left: 0pt">
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>&nbsp;</B></P>
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>October 29, 2021</B></P></TD>
    <TD STYLE="padding-left: 0pt">
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>&nbsp;</B></P>
    <P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>April 29, 2029</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Note Amount</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Effective Date</B></FONT></TD>
    <TD STYLE="padding-left: 0pt"><FONT STYLE="font-size: 10pt"><B>Maturity Date</B></FONT></TD></TR>
  </TABLE>
<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>FOR VALUE
RECEIVED, </B>Borrower, jointly and severally if more than one, promises to pay to the order of Lender (which term shall include all subsequent
holders of this Note) at its offices set forth above or at such other address as Lender may from time to time designate, in lawful money
of the United States of America, the principal sum of <B>Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00),</B> or so much
thereof as may be advanced and outstanding from time to time, with interest at the rate provided below on the principal balance from time
to time remaining unpaid, in the amounts, at the times and upon the terms provided in this Note.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>INTEREST
RATE. </B>Prior to maturity, the Note shall accrue interest at <B>0.00% per annum.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>PREPAYMENT.</B>
Borrower may prepay this Note in whole or in part at any time without being required to pay any penalty or premium for such privilege.
In the event a prepayment is made, such payment shall be applied first against accrued but unpaid interest, then to the discharge of any
expenses for which the holder of this Note may be entitled to receive reimbursement under the terms of this Note or under the terms of
any other documents related thereto and lastly against the principal hereof. Any partial prepayment shall not postpone the due date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>PAST DUE
PAYMENTS. </B>Lender may charge and collect a late fee of up to <B>five percent (5</B>%) of the unpaid portion of the regularly scheduled
payment more than 15 days past due to the extent not prohibited by law. The annual interest rate on matured unpaid amounts shall be <B>ten
percent (10%).</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>PAYMENT TERMS.</B> This Note shall be due and payable
as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">Provided
the Note balance has not been otherwise accelerated due to an Event of Default, all remaining unpaid or unforgiven Principal and accrued
interest shall be due and payable on April 29, 2029, interest being calculated on the unpaid principal to the date of each installment
paid and the payment made credited first to the discharge of the interest accrued and the balance to the reduction of the principal.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">Provided
no Event of Default has occurred, the outstanding amount of the Note shall be forgiven in according to the following schedule:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in"><U>April 29, 2027</U> - 1/3 of the balance of the Note then
outstanding shall be forgiven, absent an Event of Default;</P>

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


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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in"><U>April 29, 2028</U> - 1/2 of the balance of the Note then
outstanding shall be forgiven absent an Event of Default; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.75in"><U>April 29, 2029</U> - the remainder
of the balance of the Note then outstanding shall be forgiven absent an Event of Default.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>WAIVER.
</B>Except as otherwise expressly stated in this Note or the Loan Agreement, Borrower and any and all co-borrowers, endorsers, guarantors,
and sureties severally waive notice, notice of intent to accelerate, notice of acceleration, demand, grace, presentment for payment, and
protest and agree that this Note and all liens securing its payment may be extended and re-extended and the time for payment extended
and re-extended from time to time without notice to them or any of them, and they severally agree that their liability on or with respect
to this Note shall not be affected by any release or change in any security at any time existing or by any failure to perfect or maintain
perfection of any security interest in such security.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>TIME IS OF THE ESSENCE.</B> It
is agreed that time is of the essence in the performance of this Note.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>EVENTS OF DEFAULT.</B> Each of
the following events shall constitute an Event of Default:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt"> 1. <FONT STYLE="font-size: 10pt">Default in the timely payment of any installment of principal and interest or in the performance of any covenant or provision of any Loan Document as hereafter defined.</FONT></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt"> 2. <FONT STYLE="font-size: 10pt">Default in any obligation of Borrower to Lender.</FONT></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"> 3. <FONT STYLE="font-size: 10pt">Borrower shall: (a) execute an assignment for the benefit of creditors or take any action in furtherance thereof; or (b) admit in writing its inability to pay its debts generally as they become due; or (c) as a debtor, file a petition, case, proceeding, or other action pursuant to, or voluntarily seek the benefit or benefits of any debtor relief law or take any action in furtherance thereof; or (d) seek, acquiesce in, or suffer the appointment of a receiver, trustee, or custodian of Borrower, the property, in whole or in part, or any significant portion of other property belonging to Borrower that affects performance under this Note; or (e) voluntarily become a party to any proceeding seeking to effect a suspension or having the effect of suspending any of the rights of Lender or the Trustee granted or referred to in the Loan Documents or take any action in furtherance thereof.</FONT></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt"> 4. <FONT STYLE="font-size: 10pt">Borrower defaults in the terms and conditions of the Loan Agreement executed contemporaneously with this Note.</FONT></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"> 5. <FONT STYLE="font-size: 10pt">The filing of a petition, case, proceeding, or other action against Borrower as a debtor under any debtor relief law; or seeking appointment of a receiver, trustee, or custodian of Borrower, or of any significant portion of other property belonging to Borrower that affects its ability to perform under this Note, or seeking to effect a suspension or having the effect of suspending any of the rights of Lender or the Trustee granted or referred to in the Loan Documents, and: (a) Borrower admits, acquiesces in, or fails to contest the material allegations thereof; or (b) the petition, case, proceeding, or other action results in entry of an order for relief or order granting the relief sought against Borrower; or (c) the petition, case, proceeding, or other action is not permanently dismissed on or before the earlier of trial thereon or sixty (60) days next following the date of its filing.</FONT></P>



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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt"> 6. <FONT STYLE="font-size: 10pt">The discovery by Lender that any warranty, covenant, or representation made to Lender by or on behalf of Borrower or any Guarantor is false, misleading, erroneous, or breached in any material respect.</FONT></P>



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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in">A default
shall not be an Event of Default if the default is cured within thirty (30) days following the delivery of or the mailing of written notice
from Lender to Borrower's most current address as reflected in Lender's business records specifying the existence of any such default.
If such default is not cured within the thirty (30) day period, the default shall be an Event of Default without need of any further notice
or action by Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>ACCELERATION
AND WAIVER OF NOTICE. </B>Upon the occurrence of an Event of Default and the expiration of any cure period contained herein, the entire
unpaid principal balance plus all accrued and unpaid interest due and owing on this Note and any and all other indebtedness of Borrower
to Lender shall, at the option of Lender, become and be due and payable forthwith without demand, notice of default, notice of intent
to accelerate, or the acceleration of the maturity hereof, notice of nonpayment, presentment, protest, or notice of dishonor, all of which
are hereby expressly waived to the full extent not prohibited by law by Borrower. Failure to exercise this option upon the occurrence
of any such Event of Default shall not constitute a waiver of the right to exercise such option in the event of any subsequent Event of
Default.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>COLLECTION COSTS AND
JOINT AND SEVERAL LIABILITY.&#9;</B>If the unpaid principal balance plus all accrued and unpaid interest due and owing on this Note
is not paid at maturity, whether by acceleration or otherwise, and this Note is placed in the hands of an attorney for collection,
or suit is filed hereon, or proceedings are had in probate, bankruptcy, receivership, reorganization, arrangement, or other legal
proceedings for collection hereof, Borrower agrees to pay Lender its reasonable collection costs, including a reasonable amount for
attorneys' fees. Borrower is and shall be directly and primarily liable for the payment of all sums due hereunder, and under any
instrument securing the payment hereof, and Borrower hereby expressly waives bringing of suit and diligence in taking any action to
collect any sums owing hereon and in the handling of any security, and Borrower hereby consents to and agrees to remain liable
hereon regardless of any renewals, extensions for any period or rearrangements hereof, or any release or substitution of security
hereof in whole or in part, with or without notice, from time to time, before or after maturity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>REMEDIES OF LENDER.</B>
Lender shall have all rights, remedies, and recourses granted in this Note, and all other instruments securing the payment hereof
and the payment of all indebtedness of Borrower to Lender, howsoever evidenced, and those which are available at law or equity, and
same: (a) shall be cumulative and concurrent; (b) may be pursued separately, successively, or concurrently against Borrower or any
other liable party or against any one or more of them at the sole discretion of Lender and in such order as Lender, in its sole
discretion, shall determine; (c) may be exercised as often as occasion therefore shall arise, it being agreed by Borrower that the
exercise or failure to exercise any of the same shall in no event be construed as a waiver or release thereof or of any other right,
remedy, or recourse; and (d) are intended to be, and shall be, nonexclusive. If any part of this Note cannot be enforced, this fact
will not affect the rest of this Note. This loan shall be governed by and construed in accordance with the laws of the State of
Oklahoma and applicable United States federal law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>NOTICES
TO BORROWER AND OTHER PARTIES. </B>Any notice under this Note shall be in writing and shall be effective when actually delivered or, if
mailed, shall be deemed effective when deposited in the United States mail first class, certified mail, postage prepaid, directed to the
addresses shown near the beginning of this Note. Any party may change its address for notices under this Note by giving formal written
notice to the other parties, specifying that the purpose of the notice is to change the party's address. For notice purposes, Borrower
agrees to keep Lender informed at all times of Borrower's current address.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>RESPONSIBILITY
AND LIABILITY OF GUARANTOR. </B>Guarantor shall have the same responsibility for all debts and obligations set forth herein as Borrower.
Guarantor&rsquo;s status as to this instrument and obligations herein is as co-borrower. Lender need not exhaust any collection actions
against Borrower in the event of Borrower&rsquo;s default before Guarantor&rsquo;s obligations commence. Borrower&rsquo;s and Guarantor&rsquo;s
obligations under this agreement are joint and several and Lender may initiate collection actions against either or both in the event
of Borrower&rsquo;s default.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><B>JURY
TRIAL WAIVER.</B> In recognition of the higher costs and delay which may result from a jury trial, the parties waive any right to trial
by jury of any claim, demand, action or cause of action (a) arising hereunder, or (b) in any way connected with or related or incidental
to the dealings of the parties hereto or any of them with respect hereto, in each case whether now existing or hereafter arising, and
whether sounding in contract or tort or otherwise; and each party further waives any right to consolidate any such action in which a jury
trial has been waived with any other action in which a jury trial cannot be or has not been waived; and each party hereby agrees and consents
that any such claim, demand, action or cause of action shall be decided by court trial without a jury, and that any party hereto may file
an original counterpart or a copy of this section with any court as written evidence of this consent of the parties hereto to the waiver
of their right to trial by jury.</P>

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center">SIGNATURE PAGE FOLLOWS</P>

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0pt; margin: 0pt">Executed this 29<SUP>th</SUP> day of October.</P>

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

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

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>Durant Industrial Authority</B></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><B>By:</B>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 206.9pt; width: 35%">/s/&nbsp;Lisa&nbsp;Taylor</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0pt"><B>Lisa Taylor, Executive Director</B></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>


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

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

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>SG Echo, LLC</B></P>

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><B>By:</B>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 206.9pt; width: 35%">/s/&nbsp;Paul&nbsp;M.&nbsp;Galvin</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0pt"><B>Paul Gavin, Managing Member</B></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

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

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

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

<P STYLE="text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><B>SG Blocks, Inc.</B></P>

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><B>By:</B>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 206.9pt; width: 35%">/s/&nbsp;Gerald&nbsp;Sheeran</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0pt"><B>Gerald Sheeran, Acting Chief Financial Officer</B></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

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

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">4</P>

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

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<DESCRIPTION>PRESS RELEASE ISSUED BY SG BLOCKS, INC., DATED NOVEMBER 01, 2021
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt"></P>

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  <TD STYLE="text-align: justify; width: 33%">November 1, 2021</TD>
  <TD STYLE="text-align: justify; width: 34%">&nbsp;</TD>
  <TD STYLE="text-align: justify; width: 33%; vertical-align: bottom">&nbsp;<IMG SRC="ex99-1_001.jpg" ALT=""></TD></TR>
</TABLE>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt">&nbsp;</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">SG Blocks to Lease Manufacturing Facility in Durant</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><I>The Company leases an additional
manufacturing plant in Durant, Oklahoma to add supplementary manufacturing lines to meet demand</I></P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">NEW YORK--(BUSINESS WIRE)--
SG Blocks, Inc. (NASDAQ: SGBX) (&ldquo;SG Blocks&rdquo; or the &ldquo;Company&rdquo;), a leading designer, innovator and fabricator
of modular structures, announced today that SG ECHO has entered into a lease agreement for an additional manufacturing facility in
Durant, Oklahoma to add two new production lines, which in turn is expected to triple the Company&rsquo;s manufacturing
capacity.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">The Company had previously announced plans to purchase
the property but made the decision to pivot to a lease arrangement in order to deploy capital to other area of the business.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">SG ECHO plans to hire locally within the Durant area, with
a goal of welcoming 75 additional employees to the Waldron facility over a span of two years. &ldquo;We continue to have a great experience
with the local workforce and we&rsquo;re happy to do our part to add jobs to the community,&rdquo; Paul Galvin concluded.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">The property sits on approximately sixteen acres of land
with a 55,000 SF manufacturing facility comprised of two full production lines. The Company intends to utilize this production space during
Q2 of 2022 and will manufacture projects for SGB Development Corp. as well as certain commercial projects.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">&ldquo;Having three production lines will allow us much
greater flexibility in scheduling projects, and should reduce overhead and create greater effiencies in every aspect of our process. We
are looking forward to growing our footprint in Durant with encouragement from both local and state government authorities.&rdquo; William
Rogers, COO of SG Blocks explained.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">The Company will provide additional updates as and when available.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt">About SG Blocks, Inc.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">SG Blocks, Inc. is a premier innovator in advancing and
promoting the use of code- engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that
exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction,
faster execution, and stronger buildings of higher value. Each project starts with GreenSteel&trade;, the structural core and shell of
an SG Blocks building, and then customized to client specifications. For more information, visit www.sgblocks.com.</P>

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

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

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

<P STYLE="text-align: justify; text-indent: 0pt; font: bold 10pt Times New Roman, Times, Serif; margin: 0pt"><U>Safe Harbor Statement</U></P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">Certain statements in this press release constitute &ldquo;forward-looking
statements&rdquo; within the meaning of the federal securities laws. Words such as &ldquo;may,&rdquo; &ldquo;might,&rdquo; &ldquo;will,&rdquo;
&ldquo;should,&rdquo; &ldquo;believe,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;estimate,&rdquo; &ldquo;continue,&rdquo; &ldquo;predict,&rdquo;
&ldquo;forecast,&rdquo; &ldquo;project,&rdquo; &ldquo;plan,&rdquo; &ldquo;intend&rdquo; or similar expressions, or statements regarding intent,
belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and
assumptions and include statements regarding adding two new production lines in Durant, Oklahoma, tripling the Company&rsquo;s manufacturing
capacity, utilizing the production space during Q2 of 2022, manufacturing projects for SGB Development Corp. as well as certain commercial
projects, hiring locally within the Durant area, welcoming 75 additional employees to the Waldron facility over a span of two years and
reducing overhead and creating greater efficiencies in every aspect of the Company&rsquo;s process. While SG Blocks believes these forward-looking
statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of
which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those
set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current
expectations include, among others, the Company&rsquo;s ability to commence manufacturing at the new facility in Durant, Oklahoma as planned,
the Company&rsquo;s ability to reduce overhead and create greater efficiencies with two new production lines, the Company&rsquo;s ability
to position itself for future profitability, the Company&rsquo;s ability to maintain compliance with the NASDAQ listing requirements,
and the other factors discussed in the Company&rsquo;s Annual Report on Form 10-K for the year ended December 31, 2020 and its subsequent
filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as
of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account
of new information, future events, or otherwise, except as required by law.</P>

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

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">View source version on businesswire.com:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0pt; margin: 0pt">https://www.businesswire.com/news/home/20211101005364/en/</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0pt; margin: 0pt">(203) 682-8377</P>

<P STYLE="text-align: justify; text-indent: 0pt; font: 10pt Times New Roman, Times, Serif; margin: 0pt">investors@sgblocks.com</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0pt">Source: SG Blocks, Inc.</P>

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

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

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

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

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      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>10
<FILENAME>sgbx-20211028_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
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</XBRL>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>ea149736-8k_sgblocks_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2021"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="sgbx-20211028.xsd" xlink:type="simple"/>
    <context id="From2021-10-28to2021-10-28">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001023994</identifier>
        </entity>
        <period>
            <startDate>2021-10-28</startDate>
            <endDate>2021-10-28</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
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    <dei:AmendmentFlag contextRef="From2021-10-28to2021-10-28">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2021-10-28to2021-10-28">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2021-10-28to2021-10-28">2021-10-28</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2021-10-28to2021-10-28">SG BLOCKS, INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2021-10-28to2021-10-28">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2021-10-28to2021-10-28">001-38037</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2021-10-28to2021-10-28">95-4463937</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2021-10-28to2021-10-28">195 Montague Street</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="From2021-10-28to2021-10-28">14th Floor</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="From2021-10-28to2021-10-28">Brooklyn</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2021-10-28to2021-10-28">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2021-10-28to2021-10-28">11201</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2021-10-28to2021-10-28">646</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2021-10-28to2021-10-28">240-4235</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2021-10-28to2021-10-28">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2021-10-28to2021-10-28">false</dei:SolicitingMaterial>
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    <dei:TradingSymbol contextRef="From2021-10-28to2021-10-28">SGBX</dei:TradingSymbol>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm139917468409800">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Oct. 28, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Oct. 28,  2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-38037<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">SG BLOCKS, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001023994<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">95-4463937<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">195 Montague Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">14th Floor<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Brooklyn<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">11201<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">646<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">240-4235<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common
    Stock, par value $0.01<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">SGBX<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>xbrli:booleanItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>xbrli:booleanItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
