Asset Purchase Agreement between Anthony Tejeda d/b/a AT Tech Systems and Focus Universal Inc. dated December 19, 2022

Summary

This agreement is between Anthony Tejeda, doing business as AT Tech Systems (the Seller), and Focus Universal Inc. (the Buyer). The Seller agrees to sell, and the Buyer agrees to purchase, substantially all assets of AT Tech Systems, including cash, accounts receivable, licenses, customer lists, intellectual property, and equipment. The Buyer will also assume certain specified liabilities, such as trade accounts payable and obligations under assigned contracts. The agreement outlines which assets and liabilities are included or excluded and sets the terms for the transfer of the business.

EX-10.10 4 focus_ex1010.htm ASSET PURCHASE AGREEMENT, DATED DECEMBER 19, 2022 WITH AT TECH SYSTEMS

Exhibit 10.10

 

ASSET PURCHASE AGREEMENT This ! \ sset Purcha se , \ gre eme nt (t his " Agreement "), d ated as of December 19 1 1 \ 2022 , is entered into between, , \ nth ony Tejeda, a n incfo - idual residing in the State of Ca li forn i a, d . b . a . " .. - \ T TEC H SYST F l \ ( S" (" Seller "), an <l Focus L·ni, - e r sal I nc . , a Nevada co rp o rari on (" Buyer ") . Capitafo : ed terms used in this . - \ gree menr have the meanings gi , ·en to s u ch te r ms herein, as such definitions arc identified by the c r oss - references set forth in Exhibit _ \ attached hereto . RECITALS WHEREAS , Seller is engaged in t h e business of pro \ ·iJing effic i enr and cosr - effect . iYe integrated ne r ,vork, sec urity , and mu l timedia design so lution s (the " Business ") ; and WHEREAS , Seller wishes to se ll and assign to B uyer, and uyer wis h es to purchase a nd assume from S eller, s ubsrnntially all the assets, and certain s p ec i fied 1 . ia b il iries, of rhe Business, subject ru the terms and co nditi u n s set forth h ere in ; NOW, THEREFORE , in comiderntion of the mumal cm·cnants and agr ee ment s hereinafter set fo rth a nd for othe r goo d and valuable co n s id eration, the receipt and sufficiency of wh i c h arc here!), · acknowkdgcd, the parrit : s heret o agree as follows : ARTICLE I Pur c ha se and Sale Section 1 . 01 Purchase and Sal e of Assets . Su b ject to the terms and conditions set forrh herein, art h e C l osing, Se ll er s hall se ll , com·cy, ass i gn, tra n sfer, and dc li \ ·er to B uyer, and Buyer shall purchase from Seller, all of Seller's r i ghc, tirk, and int e r es t in, t o, and w 1 dcr all of the tangible and intangible as sets, properties, and rights of every kind and n a t u r e and whc r eYc r located (or h er than the F . xclu<lcd . \ ssc ts ), ,vh . ic h rc . .: l ate to, o r arc u se d or h e ld fo r use in co nn ectjon with, the Business (co l kctin· l y, the " Purchas e d Assets "), including the fo ll o \ \ ·i . ng : (a) all c a s h and cas h equivalents ; (b) all accounts r ece ivable held b y Seller (" Accounts Re ce ivabl e "), which the buyer belieYes to amoum t o roughly S80,000 or murc (t his must exceed S80,000 upon pur c h ase); (c) a ll prof ess i o nal lic e nse s , including righr to rhe C - 7 co n rrncror li ce n se assigned ro the company; (d) all customer lists and corresponding clie nt relation s hips ; (e) trad e m a rk s, trade names, and br a nd name s associated wit h . \ T TEC f r S Y S TL::.i \ f S; (f) goo d w ill and mark e t rel ate d intangibl e assets related with rhc co mpany . \ T TFCH S Y S TEi \ lS ;

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(g) all i . i 1 Yc 11 tory, fmi s h e d goods, raw mate . ri a l s, ,v ork in pro gress, p ackaging, st 1 pplie s, parts, an<l other inY entorics (" In ve nt ory' ') ; 1) all othe r , \ ssigned Contrac t s ( the " As s i g n e d C o ntr a ct s ") l i sted o n the Ass ign ed Contrac t s Exhibit attached h ereto . The rerm " Co ntr ac t s" means all contracts, lea ses, li ce n ses, in stru ment s, notes, commi tment s, undertakings , i ndentures, joint YCnturcs, and a ll othe r agreements, commitments, a nd lega ll y b i ndin g arrange m e nt s, ,vhcther written or ora l ; (i) all furniture, fo ;. turc s, equ i pme n t, ma chine r y, tools , \ ·c hicl es, office equip m ent, s uppli es, co mputer s, telephones, and ot h er t angible per sonal property (t he " T ang ib l e P erso n a l Pr o p e r ty ") ; 0 ) all prepaid expen s e s, credits, ad va n ce payments, claims, security, refunds, rights of re covery, ri g ht s of set - off, 1 ights of re cou pment , deposits, charges, su m s, and fees ( including any s u c h item relating to tl 1 e p ayme nt of Taxes ) ; (k) all of Se ll e r 's 1i g ht s Lmd er warrantie s, ind emnities, and all si mil ar rights aga in st tlur<l parties to die extent relate d to an · Pur c h ased . \ ssets; 0 ) a ll ins urance ben efits, including tight s and proceeds, a ri s in g fr om or relating to the Rusinc!,S , the Pur c ha se d _ \ ss et s, or the . \ ssumed Liabi liti es ; (m) origi n a l s or, where not a, · ailablc , copies, of all book s and records, including books o f account, l edgers, and general, financial, and acco u nting record s, rn achinery and eguip m c nt maintenance fi le s, c u stome r li s ts, c u sto m e r purcha si n g histories , price li s ts, distribution lists , s up plier lists , producrion d ata, qua li ty co ntr o l record s and procedures, custome r comp laii 1 ts and ingui . ry files, research and development files , r ecords, and data ( including all corresponde n ce with a n y fcdernl , state, . lo ca l , or foreign gO \ ·crnmen t or p o liti c al su bdivi s i o n thereof , or any agcnc · or in s trum e ntality of suc h gove rnm ent or political s ubdivi s i o n , o r anr a rbi trator, court, or tribunal of competent j uri s di ctio n (co llc c r i, · ely, " Gove rnm e nt a l A uth or i ty ")), s ale s ma teri al a n d records , strate g ic plan s and marketing , a n d p romotional su rYcy s, materia l , and re sea rch (" Boo k s a nd R eco rd s ") ; (n) a ll mean s all I n tellectual Pr ope rt y that i s o \ \ · ned by Se ll e r an<l exclusively used i n connection wi th t he Busi n ess, i ncluding the Int ellectual Property re g i stratio n s ( the " Int e ll ectua l P ro p e r ty Asse t s ") . For pu rp oses of t hi s , - \ grce m ent : " Int e ll ec tu a l P ro p erty " mean s any and all of r h e follmving arising pursua n t to the J ,aws of any jur i sdiction throughout the w o rld : (a) trademarks , serY - icc marks , trad e name s, and sim ilar indi c i a of source of or i g in , a ll registrations and applications for re gis trar . ion t h ereof, and the good, vill connecrc <l w i th the use of and svmbolizcd by the foregoi n g ; 0 ) ) copyrights and all registrntio n s and application s for regi str ati o n thereof ; (c) trade sec r ets and kn o w - h o w ; ( d ) patents a nd patent applicatio n s ; ( e ) int(· 1 · 1 u't dotn :: tin name rcgi , ; rrari ons : a nd ( t ) orhcr intt : Uccrual pr op< .: rt) · and n .: latcd propri etary ri g ht s ; and (o) a D good,v ill a nd the go in g concern , · aluc of t he Purcha s ed . \ ssets an<l the Bu s iness . 2

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S ec ti o n 1 . 0 2 Ex clud e d A s s e t s . l' \ orw ith sta ndin g the foregoi ng, the Purcha se d . \ sse t s s hall not include the asse t s, properties, and right s s pecificall y li s ted on the Excl uded , \ ss ets Exhibit atta c hed herem ( collecrfrcly, the " Ex clud e d Asse t s ") . Sec ti o n 1 . 0 3 Ass um e d Li a b i liti es . (a) S ubje ct to the terms and co nditi ons se t forth he rein, Bu ye r s hall assume and agree to p ay, p e r form, and di sc h arge only the following T . i a biliries of Se ller ( col k c civcl y, the " Ass um e d Li a biliti es "), a nd n o o ther I . iabilitic s : · J . all rr ade accounts payable o f Sdle r to third parti es in connection with the Bu si n cs!" that r e main unpaid and arc not delinqu e nt a s o f the Closi n g Date ; and u . a ll J . iabilities in r es pe cr of th e . \ ssig ned Contrac t s but on ly to the ex t e nt that s uch Liabilitie s th ere under arc required to be performed after the C l os in g Dare, we r e in c urr ed in the ord i n ary course of bu s in ess, an d d o n o t relate to any failure co perform, improper performance , warranty , o r ot h er breach, d efau lt , or vi o lation b y Se ll e r o n o r pri o r to the Cl os in g . Q ) ) F or p urposes of this . \ gree ment , " Li ab iliti es" mean s liabilitie s, ob li ga t io n s, or commionents of any natur e whatsoen : r , whet h er a sse rt e <l o r u na ssc rt e d, kn own o r unknown, ab solurc o r conti n ge nt , acc ru e d o r unaccrued, matured or unmarure<l , or o th e rwi se . ( c ) ocwirhsran<ling a n y pro, · i sion i n thi s . \ g r ec ment ro the conmu)·, 13 u ycr s h a ll n ot assume anJ sha ll n or bc respo 11 siblt .: t o p a y, perform , or di chargc any T . iabiliric : - o f Seller nr any o f in : . \ ffi J iatcs of an y kind or narurc w h atsoeYer ot h er th a n the . \ ss um e d,i J abilitie s ( the· " Excl ud e d Li a biliti es ") . F o r purpo ses of thi s . \ g r ee m e n t : ( i ) " Affi li a t e " of a P erson 1 n cans a ny other P e rson t h at directl y o r indi . rec d y, throu g h o n e o r m o re intermedi aries, co nr rols, i s conrrollcd b y, or is under com m o n contro l with, s u c h P e r son ; and ( ii ) the term " co ntr o l " ( including t h e term s " controlled b, · " an<l " und e r co mm o n conr . r o l wit h ") m ea n s the po ssess i o n , din : ctly or indirectly, of tl - w p o . wer to direct o r cause th e direction of the management and policies of a P erson, whether through rhc ow ner s hip of , · oring secu ri ties, h y con tr ac r , or othen , ; i : - e . S e c t ion 1 . 04 Pur chase Pr ice . The agg r ega te purchase p 1 ice for chc Purchased . \ ssets sha ll be . i 1 ( th e " P u rc h ase Pri ce "), p l u s t he a ss umption of the . \ ss umcd ] . i abilities, whi c h we belien· to be zero . Sec ti o n 1 . 0 5 All oca ti o n o f Pur c h ase P r i ce . Th e Pur c ha se Pric e and t h e . \ s : rn mcd I . iabi liti cs shall be allocan : d a m o n g the Pur c h ased . \ s ::: er s for al l pu 1 voses ( includin g Tax a nd financia l accou nrin g ) a :: s l w \ \ · n o n t he a ll oca cion sc h e dule attac h e d h erero ( the " All oca ti o n Sc h e dul e " ) . T h e . \ ll ocation S chedule s h a ll be prepared in accordance with Sec ti on 1060 of the lnr e rnal R e \ 'enue Co de of 1986 , as amrndcd . Bu yer and S eller s h a ll file all returns, <l e cl ararions, r eports, infom 1 ation ffturns and statcmc· nr s . : rnd o th e r documents rel ating ro Taxes ( inclu<ling amended re tu rns an d cl a im s fo r refund ) (" Tax R et u r n s " ) in a mruu 1 er co n s i s renr with th e . \ !l oc ati o n Sc heduJ e . Sec t io n 1 . 0 6 W ithh o ldin g Tax . Bu yer s h a ll be entitled to d educt and \ \ ; th h o ld from r h e Purchase Price a ll Ta xes th a t Bu ye r ma y be re t 1 uired to deduct and \ \ ithhold under any prm · i s i o n o f Tax J . aw . . \ ll : - u c h \ \ ·irhhcld amounts s h a ll bt .: trcare d a s <lcliYer e <l to Sc : ller hereun<ler . 3

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Section 1 . 07 Third Party Consents . To the extent that Selle r 's rights under any Purchased . \ sset may not be assigned to Buyer without the consent of another Person which has not been obtained, this , \ grcemenc sha ll not constitute an agreement to assig n t he same if an attempted assignment would constinite a breach th ereof or be unla \ \ 'ful, and Seller, at its expe n se, sha ll use it s reasonable best efforts to obtain any such rcc 1 u irccl conscnt(s) as prompt l y as pos ihle . If any such cc m sent shall not be obtained or if any attemp ted assignment would be ineffectiYe or would impair Buyer's rights u nd e r rhc Purchased . \ sset in qu es ti on so that Buyer would not in effect acquire the benefit of a ll such rights, Selle r, t"o the maximum extent permitted by Law and the Purchased, \ ssct, sha ll act after the Closing as Buyer's agent in order to obtain for it the benefits thereunder a nd sha ll coopera t e, to the maxi . mum extent pcmuttcd by Law and the Purchased , \ sset, \ Vi . t h Buyer in any o ther reasonable arra n ge m ent designed to proYide such benefits t o Buyer . ARTICLE II Closing Section 2 . 01 Closing . Subject to the terms and conditions of this . \ greemcnt, the consummation of the n : ansacrions contemp l ated b y this . \ g re ement (the " Closing ") shall rake place rcm . orcly by exc han ge of documents and signatures (or their electronic counterpa r ts), after a ll of the conclirions to Closing set forth in this . \ grecmcnt arc either satisfied o r waiYed (other than conditions which , by t h eir nature, are to be sacisfic<l on the Closing Date), or a t such other tin 1 c or place or in such other manner as Seller and Buyer may mutually agree upon in writing . Th e date on \ \ ·hich the Closing is to occur is her ein referred to as the "Clos ing D a t e . " Section 2 . 0 2 Closing Deli vera bl es . (a) . \ r the Closi n g, Se ll e r shall deliYer t0 Buyer the following: 4 1. a bill of sale in form and substance satisfactory to Buyer (t h e " Bill o f Sale ") and duly executed by Se ll er, transforring the Tangible Personal Property included in the P urchased , \ ssecs co Huyer; u . an assignment and assumption agreement in form and substance satisfactory to Buyer (the " Ass i gnment and Assumption Ag re e m e nt ") and duly executed b · Seller, effecting the assignment to an<l assumption b \ " Buyer of the Pur chased . \ ssets and the Assumed J . i abilitics ; lll. the Emp lo yment . \ greement in the form of Exhibit [A] attached hereto (the "E mplo yme nt Agree ment ") and duly executed hr Se ller ; 1 \ ·. the No n - Compete a nd Non - Solicitatjon . \ greemeut in t h e form of Exhibit [BJ attac h ed hereto (the " Non - Compete Agree m e nt ") an<l duly executed by Seller; "· rax clearance cc 1 : tificarcs from the taxing aut h o ritie s i n the juri : d . iccions char impose Taxes on Seller or where Se ll e r h as a dut \ " to file Tax Returns in connection \ vith r h c transactions conremplared by this , \ gree 1 cnt a nd e \ ·idence of the payment in full or other satisfaction of any Taxes owed by Seller in those jurisdictions : and

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n . such or h er customary instruments of transfer or assumption, filing s , or docum e nt s , in form an<l substance rca so nabl r s atisfa c tory to Buyer, as ma y be r e quir e d to gin : effect ro t h e rrn n saccions contemp l are<lby this . \ greeme n t . 5 , • u. up o n closi n g of the asset pur c h ase agreement, a new entiry : \ T TEC H SYSTE [S LLC \ vill be formed to r eceiYe the as sets . The cncit : ,, - will n ·o t assume am· liability of t h e pre , · ious e nti ty . , \ ,rvhic h po i nt , the previou s so l p roprietor entit)' operati n g . as a DB . \ will n o long e r exist and th e company s hall as s ume no re s pon si bilin · or liabi li n · for t h e p reviou s company or work assoc i ated. · , 0)) . \ t rhcClosing, 13uycr shall deli, · er to Se ll er the follo \ \ 'ing : 1. th e Pur c ha se Price ; u. the . \ ssignment and . \ ss umption . \ greemenr dul y executed by Buy er; w. rhe Employment . \ gr ee menr du l y executed by Buye r ; 1 v. the on - Compete . \ grecment dul y executed by Buy e r ; a nd , - . a ce rtificate of the Sec retary (o r equi,·aknt officer) of Buyer certifying as co (. \ ) rhc re so lution s of the board of dir ecto r s of Bu ye r , which a uthori z<.: the execu ti on, delin:r · , and performance of du :; . \ gr ec ment nn<l rhc Tran s a ction D ocu ment am l rhc consummation of the transactions co ntemplated her e by a n d t h ereb · , and (13 ) the name s and s i g n atures of the officers of B u · cr authorized to s i g n rhis _ \ g reem c nr and the o th er Tran sac ti o n D ocu ment s . ARTICL E III R e pr e sent a tion s a nd wa rr a ntie s o f Sell er S eller re p resents and warran ts ro Buyer that rhc state ment s contained in this . \ rticle I ll arc true a nd correct as of the d a r e h e re o f . Sec tion 3 . 01 Or g anization and Auth o ri ty o f S e ll e r . Seller has full p owe r and authority to enter int o thi s . \ grccmcnt and rhe orhcr Tra n s act . ion D ocu ment ::; ro \ \ 'hich Sel ler is a p arry, to carry out it s ob li g ation s lwr eu n<l er a n<lthereund e r , an <l co consummate chc transactions co nt em plated h e r e b y and rh < .: r c by . The exec u ti o n and dcli, · cry b · Se ller of rhi s . \ g rccmcnr and an y other Transacti o n D oc um e nt ro which Se ll e r i s a parr y, the performance b y Se ller of it s o bli gatio n s hereunder a nd ther e under , and the co nsumm ario n by Se ller o f rJ 1 c transactions co nt em pl a t e d her eby and thereby ha, c b ee n duly aurhori 7 . e d b y all requi s i te action o n t he pan of S eller . Thi s . \ gr ce m e nr a nd rhc Transaction Document s co nstitute l ega l , , · alid, a nd bi n ding obli ga cions of S clkr e nf orce able abr - iinsr Scl kr in accordance \ \ ' ith rheir re s pe ccin term s . S ec ti o n 3 . 0 2 N o Confli c t s or Co n se nt s. Th e exec uti o n. deli, · c1 - y, and pcrformnn ce br Se ll e r of thi s . \ gree m e nr and t he other T ra n saction Docume n t s ro which it i s n parr y, and the co nsummar jo n of th e transa c tion s co n t e mplat e d h e reby a nd thereby, <lo n ot and will n o r : ( a , ) · iolare o r co nflict with any

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pro, -- ision of any s ta t ute, l aw, ordinance, regulati o n, rule, c o de , constitution , treary, common l aw, o ther requirement , or rule of l aw of any Go,·ernmental . \ uchorit y ( coHecti, · ely , " L aw ") or an · o rder , writ, judgment, injunction , de c re e, stipulation, determination , penalty, or award entered by o r w - ith an y Gon rn mental . \ uthori t y (" Governmenta l Order ") applicable to Seller, the Busines s, or th e Pur c hased . \ ssets ; (b) require the consent, noti c e, declaration, or filin g with or other action by any i . ndiYidual, cor p o rati o n, partners h ip , j o int Y c ntu r e, limired liability company, GoYernmcntal : \ uthorit y, uni n corporated organization, u 1 . 1 st , association, or other entity (" Per s on ") or ret 1 uire any permit, li cense, or G o Yernmenta l Order ; ( c ) Yiolate or conflict with , re s u l t in the acceleration o f , or c r eate in any party the right to accelerate , tenninate, m o dify , or cancel a n y Contract to whjch Se ller i s a party or by which Seller or the Bu s ines s i s bo u nd o r to whi c h any of the Purcha s ed . \ ss et s arc su bj ect ( including an y Assigned Co nrract ) ; o r ( <l ) re su lt in the creation or impos i t ion of an y c harge , claim, pledge, e qui ta ble intere st , lien , sec urity i ntere sr, re str iction of an y ki . n<l , or other encumbrance (" En c umbrance ") o n th e l'urcha se d . \ ssers . Section 3 . 03 Financial St a tement s . Co m pkte co pie s o f t h e financial statements co n s istin g of rhc ba l ance sheet of the Busine ss a s at Decemb e r 3 1 , 2021 , 2 020 and 20 1 9 , and the related sta t e ments of income an<l retained earnings, s hareh o lder s' ec 1 uity, and cash flow for rh e ye a r s rhcn ended (the " F i nan c i a l Stat e ments ") haYe b een dcfo ·e red to Buyer . T h e Finan c ial Stateme nt s h an : be e n prepared in ac c o rdance with generally accepted accounting principle s in effect in the l i nite<l S tate s from tim e to time, applied on a consistent ba s is through o ut the period im·oh - ed . The Financial State ment s fairl y p r esent in a ll material re s pe c t s th e financial condition of the Bu s in ess as o f the rc spec ciYc dates they were prepared and th e results of the o perati o ns o f the Bu s ine ss for t he p c ri o <l s indi cated . The balance shee t of th e Busine ss as D ecem ber 31 , 202 1 i s referred to h ere in as t h e " B a l a n ce Sh ee t " an<l the d are thereof a s the " Balan c e Sh ee t Dat e" . Sect i o n 3 . 04 Undi s cl o s e d Liabiliti es . Se ller h as no Liabi . liti es w i th r es pe c t to th e Bu si ne ss , c : - ; cc pt ( a) those w h i c h arc adequately refl ec t e d o r re se n · c d against . in the B a lan c e Sh eer as of the Ba lanc e S h ee r Dat e, an d (b) tho se which ha, ·e been incurred in th e or<li nar r course of busincs :; consistent with pa s t practi ce s ince the Ba l ance S h e et Date and \ \ ·hicl 1 arc not, indi, · iduall y o r in the aggrega t e , material in amou n t . S ec ti o n 3 . 0 5 Abs e nc e o f C e rt a in C han ges , Events, a nd Conditi o n s . Si nc e the Balance : S h ee t Date , an d orher than in the ordi nar y course of business consistent with pa st practic e, there has not been an y c han ge, e,·ent, condition, o r d c , ·clopmc nt that i s, or cou l d reasona bly b e ex p ecte d to be, indiY i dually or in the aggre g ate, mat e ri a lly ad,·erse to : (a) the bu s ine ss . results of operatio ns, co n c lition ( fi n a n cia l or othcnvi se), or assets of the Bu s ine ss ; or )) the nluc of rhe Purch ased . \ ssets . Sec ti o n 3 . 06 A ss ign e d Co ntra c t s . Each . \ ss i g n ed Conu : act i s , ·a lid and bindin g o n Se ll er in accorda nce with it s term s and i s in full force a nd effecte . it h e r S ell er n or, to Se ll er's knowkJge, any other parry the r eto i s in breach of or d efou l t u nd er ( o r i s alleged t o be in breach of o r default u nJcr ) in any materia l re s p ec t , or ha s pr o, ·idc<l or rc cei , - cd any n o ti ce of any intention to termina te, an y Ass igned Cona : act . No e ,·cnt u r cin : umsrancc lia :; (Jt : cu . rn : d Lhar would consrirurc a n cn : nt of <lcfaulr un<lcr an , y \ ss igncd Co ntra ct or result in a termination thereof . Co mplete an<l correct co pi es of each , \ ssig n ed Co ntr act ( includin g aU modificati o n s, amendment s , a nd supplements thereto and ,, · ai,·ers th e r e u nder ) h a , ·e b ee n made arnilable to Buyer. Th e re arc n o mat e i:ial di s putc.:s pending or t hreat e n ed under any r \ ss igncd Co ntract. 6

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Section 3 . 07 Title to Purchased Assets . Seller has goo<l a n d valid title to all of the P urchased . \ sscts, free and clear of Encwn bra nccs . Section 3 . 08 Condition and Sufficiency of Assets . b \ ch i te m of Tangible Personal Propcrtr i s srructt u : a ll y sound, i s in gom 1 operating condition and repair , and is ade quate for the uses to which it is being put , and no item of T angible P e r so nal P roperty i s i n need of maintenance or t· epairs except for ordinary, routine mainrenance an d repairs t h at are not mat e rial in nature o r cost . The Purcha se d . - \ ssets arc s uffici e nt fo r the continued concluc r of the Business after the C l osing in substantially the same manner as co ndu cted pri or r o the Closing a nd consriruce all of t he Lights, property , an d assets nccessru : y to conduct the Bu siness as currently conducte d . . i one of the Exclu<le<l Assets are materia l to the Bu siness . Section 3 . 09 Inventory . A ll In vento r y, w h ether or not reflected in the Balance S heet , consis t s of a quality a nd qu a n tity u sa ble and sa l able in tl 1 c ordinary course o f busine ss consistent wit h past p rac tice, exce p t for obsole te , damaged, defective , or slow - mm - ing items t hat have been wr i tte n off or w ri tten d ow n to fair marker Yalue or for wh i ch adequate rese 1 Tes ha,·e been estab li shed . Section 3 . 10 Accounts Receivable . The . \ ccouncs R ccei \ 'able : (a) han : arisen from bona fide transact i ons entered into by Se l ler im·oh ; ng the sale of goo d s or the rendering of sen - ices in the ordinary c o ur se of busines s cons i stent with pa st practi ce ; and (b) co n sti tute on ly va lid , undi sp uted cla im s of Se ll er not su bj ect to claims of scr - off or ot h er defenses or co un te rcl aims othe r than normal cash discount s accrued in t h e ordi n ary comse of business co n s i stent with p ast practice ; and (c) arc collectible in full witlun ni nety ( 90 ) dars after billin g . Section 3.11 Intellectual Property. (a) all I ntc ll ecmal Pr operty regi sa: ati o ns and ( ii ) all I ntell ecrua l Pr o pert y ag r eements tl1at arc materi a l tC> the conduct of the B usi n ess ( excluding s hrink - wrap , click - ,, - rap, or o ther si milar agreem e nt s fo r co n unerciaUy arnilablc off - the - shelf soft ware ). 1 - '.xccpr as woul<l nor ha \ - e a [ \ fare ri al . \ c ke r se I ·'.ffect, Seller owns o r h as the ri ght to u se all lntclkc t ua1 P roperty . - \ sscts an d t h e lntcllcctual Prop e r ty lic ensed to Se ller und e r the In te ll ectua l Propeny agreements. l xcc pr a s ,vm1ld n or ha YCa materia l ach - ersc effect, ro Selle r' s Knowledge: ( i ) rhc co mluct of the Business as cm rcntlY conducrcJ doc s nor in fringe, tnisa pp ropriatc , dilute or othe rwi se Yiolare the In tc ll ccrual Pro p erty of any person; a nd ( ii ) no person i s infringin g, misapp ro priating or ot hcn, · ise \ · i o IBtin g any lnr e llcctual P ro p er ty . \ sscrs . Not wirhsranding a nythin g co the contrary in thi s . \ greeme nt, t hi s Sectio n 3 .1 2 ( b ) constitutes the sole representation and wa.rranry of t he Seller under this . \ greem enr with r e \ ' - pcct to any actual or a !J cged infringement , mi sa ppropriarion or other , - i oln ti o n by S eller of any Tnrellectual Property of any othe r person. Section 3 . 12 Lega l Proceedings ; Governmental Orders . There arc no claim , actions, causes of action, demands, law s uit s, arb i mnions, im 1 uir i es, audits , notices o , f · i o lati on, pro ceedi n gs, liri gatio n , c i tat i ons, su mmons , sub p oenas, or i . i 1 Y estigations of any naru 1 : e, whether at law or in e guir y ( collecLiYcly, " Actions ") pending or, to Selkr's kn O \ dc<lge, threate ned aga insr or by Selle r : ( i ) relating to or affec tin g t h e Bu si n ess, t h e P urchased . \ ssets, or the . \ ss um c d Liabilitie s ; or (i i ) th a t challenge or 7

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seek to pre \ ·ent, enjoin, or othC' nvi se delay the transactions conte mplat ed by r his . - \ grecmcnt . No event has occurred or circumstances exist chat may give rise ro, or sc rn : as a basis for, any such . \ crion . Seller is in compliance with all Governmental Orders against, relating to, or affecting the B mincss or the Purchased _, \ ssets . Section 3 . 13 C o mpliance with Laws . Seller is in comp lian ce w i th all Laws applicable to the co ndu ct of the Business as currently conducted or tl 1 e owners hip a n d use of the Purchased . \ sscrs . Section 3 . 14 T axes . r \ U Taxes due and ow in g by Se ller have been, or · will be, timely paid . No ex ten sions or wai, · ers of statutes of limitations have been give n or requested with respect to any Taxes of Seller . All Tax Returns with respect to the Business r ec . 1 uired to be filed by Seller for any tax periods prior to C lo sing ha ve b een, or will be, ti . mcly filed . Such Tax Returns are, or will be, true, complete, and correct in all respects . T he term "T axes " means all federal, s t ate, l ocal, foreign, a nd other income, gross receipts, sales, use, production, ad ,·alorem, tra n sfer, docu . n 1 entary, franchise, regi $ tration, profits, lic e n se, withholding, payroll, employment, unemp l oyment, excise, scYerancc, stamp, occupation, premium, property (real or personal), customs, dutie $ , or othe r taxes, fees, assessmcnrs, or charges of any kind whatsocn : r, together with any interest, additions, or penalties w i rh respect thereto . Section 3 . 15 Own Account . Thi : \ greemenr is made with the Selle r in reliance upon rhe Seller's representation to the Buyer, ,vhich by t h< .: Selle r 's execution of this . \ greement, the Seller hereb : · confirms, that the cash to be r eceived by the Seller as payment for the Purchase Price, will be acquired for i . i 1 Yestment for the Se ll er's own accou nt , not as a nominee or agent, and not ,, - ith a ,·iew to the re $ a l e or <listriburion of any part thereof, and that the Seller has n o present intention of selling, granting any participation in, or otherw i se distributing rhe same . I 3 y executing thi , s - \ grecmcnt, the Sc 11 er further represents that the Seller docs not presently ha \ 'C any contract, undertaking, agreement or auangemcnt with any person to sell, transfer or grant participations to such person or to any third person, \ \ , 1 . th n : specc to any of the cash . The Seller has not been formed for the specific pmposc of acquiring the cash . Section 3 . 16 Di s clo s ure oflnformation . The Seller has had an oppommity to discuss the Bu : ·cr's business, m anage ment , financial affairs an<l the terms and conditions of th e cash wir . h rhc Ru : ·cr's management and has ha<l an opportunir : · to re,·iew the Buyer's fa . cilitics . 8 Section 3 . 17 Full Di s clo s ure . No representation or y .; - arranty by Seller i . i 1 this . \ grecmcnt and no stat< .: mcnt contained in the Disclosure Schedub, to this . \ grecment or an : · certificate or ot h er document furnished or to be furnished to Buyer pursuant to this , \ grecmcnt contains any untrue statement of a material fact, or omits to srate a material fact necessary to make the statemcnrs contai . i 1 ed therein, in li gh t of the circ um stances in which they arc made, not misleading . ARTICLE VI Representations a nd warranties of Bu yer Buyer represents and warrants to Seller rhar the staremcnts contained in this . \ nick l \ ' arc rrue nn<l correct as of the .: <late h ereof .

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Section 4 . 01 Organizati o n and Authority of Bu ye r . Buyer is a corporation duly organized, Yalidly existi n g, and in good standing under the Laws of che Stare of Nenda . Buyer has full cor p orate power and aut hori ty to enter into this Agreement and the other Tran sa ction Documents to which Burer is a patty, to carry out it s obligations hereunder and thereunc . ler , a nd to con sum mate the tran s ; ctions conte mpla ted h ere b y and thereby . Th e execution and deliver y by Buyer of rhis , \ gre ement and any other Tran saction Docum e nt t o which Buyer i s a party, the performance by B u yer of irs obliga ti ons hereunder and thereunder, and chc consummation by Huyet of the transaction s conte mplated hereby a n<l thereby ha ve been dul y authot zed by all retiuisire corporate action on the part of Buyer . This , \ greemenr and th e Tran saction D oc uments co n stitute legal Ya lid and binding obligations of Buver c forccable agai n s t Buyer in accordance \ ,·ith th cir rcspccti, - term . ' ' Section 4 . 02 No Conflict s ; Consents . The execution, d diwry, and per formance by Buyer of thi s Agreement and the ot h e r Transaction Documents ro w h ich it i s a party, and the consummation o f the transactio n : , ; co nt emp lated hereby and thereby , do not and will not : (a) , · i o l ate o r con fli ct wich a n y prO \ ·is i on of the certificate of i . nco 171 oration, by - laws , or other organizational Jocumenrs of Bu yer ; 0 ) ) violate or conflict with any prO \ · i sio n of any J ,aw or Governme n t al Order applicable to Hu ycr ; or (c) require th e consent, notice, declaration , or filing wit h or other action by any P erson or require any permit , licen se, or GoYernmental Order . Section 4 . 03 Brokers . No broker, finder, or inn .: stmenc banker is entitled co a n y b r okerage, finder ' s, or other fee or comm i ssion in co n nection with rhe transactions contemplated by chi s • \ grecmenr ot a ny ot her Transaction Document based upon arrangements made by or on behalf of B u ye r . Sectio n 4 . 04 Le ga l Pro cee dings . There arc no . - \ ctions pending or, co 13 uycr 's kn owle dge, tbn·arened against or by Buyer that cha ll enge or see k to pre,·enc, enjoin . or otl 1 < .: rwise delay the transactions contemplated by thi s, \ g reemcnt . >io cn : nt ha s occurred or circumstances exi st that may gi,·c rise to, or sCT - ve as a bas i s for, any s uch • \ ction . ARTICLE V Covenants Section 5 . 01 Confidentiality . From and afrer rhe C lo s ing, Seller shall, and shall ca us< . i : t s - \ ffi . liates to , ho ld , and s l rnll u s e i ts reasonable be s t efforts to came ics o r their respcctin : directors, officers, employe( : S, co n su ltants, counsel, accountants, an<l o tl 1 er age n ts (" R ep r ese ntati ves ") ro hold, in confidence anv and all i nformation, ,vhcthcr written or ora l , conce rni ng tl 1 c Busines s, excep t to t he extentt h at Sc licr ca n show char s uch information : (a) i s generally a ... - ailabk ro and known by the public through n o fault of Seller, any of it s . \ ffiliatcs, or th eir respecti, · e R ep r cscntatiYcs ; or (b) is l awfully actJuirecl b · Se ller , any of it - s \ ffiliatcs, or their rcspccti, ·e Represenrnti, - c s from and after the Closing from sou r ces which ar c n ot prohibited from disclosing such information b y a legal, conrracrua l , or fiduciary obligation . I f Sel l er or any of it s . - \ ffiliarc s o r their respecti,·c Rcpre senraciYcs arc compe ll ed to clisclo s c any information by Go,·ernmental Order or J . aw, Seller s hall promptly notify Buyer i n w r iting and s hall disclo se only ,hat pon . ion of such information which is legally rcc 1 uir cd t o be disclosed, p 1 YJ/ 1 ided Iha! Se ll er s hall use reasonable best efforts to obtain as promptly as possible an appro pri ate protccti ... - e order o r oc h e r r easonable assw : a nce that co nfidential treatm ent \ Viii be accorded such in fo rm ation . Sec ti o n 5 . 02 Publi c Announcements . l . nle ss ot hen, · ise required by applicable T . a \ v, no parry to th i s . - \ gree m e nr s h a ll make any public announcements in respect of this . \ grce menr or the transactions 9

 9 
 

contemplat e d hereb y wid 10 ut the pri o r written consent of the ot he r party ( \ \ · hi c h conse nt shall n ot be unrea so nably ,virhhcld o r dela y ed), and th e parti es s hall cooperate as to the timing and co nt e nt s o f anysuc h announ ce m en t . Sec ti o n 5 . 0 3 Bulk S a le s L aws . The pa rties hereby wai, ·e co mplian c e wit h t h e provi si on s of a n bulk s ales , bulk tran sfe r , or s imilar J . aws of any jur i sdiction that may o th e rwis e be applicable wirh r es pec t to the sa le of a n y or a ll of the Purch ase d Assets to Bu ye r . r \ n y Liabilities arising out o f th e failur e of Se ller ro comply with the requirement s and pr o,· i s i o n s o f a ny bulk sa le s , bulk transfer , or s imi l ar J . aw s of an y jurisdiction wh i c h wou ld n o t oth e rwi s e c o n s titute . \ s s umed Liab iliti es sha ll be tr e ated a s Excluded T . iab il itie s . S e ction 5 . 04 R ece i v abl es . From a n d aft er the C lo s in g, if Se ll e r or any of it s ; \ ffiliatcs recciYe s or collects a n y fund s re l ating to an y 1 \ cco unts Rece inbk or a n y other Pu rc ha se d . · \ sse t, Se ll er o r in ; Affi li ate s hall remit s u c h funds to Buyer within five ( 5 ) bu siness day s a ft er its r ece ipt th ereof . Fro m a n<l after the C l osi n g, i f Bu ye r o r i ts 1 \ ffi liatc recciYe s or co l lect s any fund s relating to any Fxcluckd : \ set, Bu ye r o r it s : \ ffilia te s h all remit any s uch funds to Se ller wit h in fo ·e ( 5 ) bu s iness days afte r i t : reccipt ther eof . S ec ti on 5 . 0 5 T ran s f e r T ax es . All sales, use, r egistn 1 tion, a nd o th e r s u c h Taxes and fe es (incl udin g a ny p e nalti es and intere st) in cu rr e d in connecti o n witl, thi s 1 - \ grcc m cnt and the other Tran sa cti o n Docum e nt s, i f any , s hall b e borne and pai<l by S eller when due . Se ll er s hall , at it s ow n ex p e n se, tim ely file any Tax Return or o tl 1 er d o cument with res pect t o s uch Taxes or fee s (a nd Buyer s hall coo p erate with re s pect there to as ne cessary) . Sec ti o n 5 . 06 F u r th e r Ass u ra n ces . F o llowing the C l os in g, eac h of t he parties h ereto s hall, a nd shal l ca u s e tl 1 eir r cs p ccti,·e r \ ffi li ates t o, e x ecute and deliY e r s uch additio n a l document s, i nstruments . co 1 n - e \ 'a n ces, a n d a ss uran ces and take s n c h further actions as may be reasonably r eq u ire d t o cru - r · o m the p m· isi ons here o f and g i, · c effec t to the transactions contemplated by thi s . \ gr ee m e nr an d the o ther Transa c ti o n Document s . AR T IC L E VI Ind e mnifi ca ti o n S e c ti on 6 . 01 S u rv i v al • . \ ll repres e ntation s, warranties, co, - en ant s, and agreement s co nrained h ere in and al l relat e d ri g hts to ind emnificatio n s hall s un ; , • e th e C l osi ng . Sec ti o n 6 . 02 Ind e mnific atio n b y Se ll e r . Subject to t he o cher terms and cond iti o n s of thi s . \ rtic lc \ ' I , Sel ler s hall ind em ni fy and defend ea c h of Buy e r and i ts . \ fftliat es and th e ir r cspecti \ - C R e pr ese nt a ciYc s ( collectively, t h e " Bu ye r lnd e mnit ees ") aga in s t, and s h a ll h o ld eac h o f rhnn harmle ss from a nd aga i n st, any and all l oss es, damages, li abilities, d eficie n c i es, : \ c 6 o ns , j u <l g mcnt s . interest, award s, penaltie s, fme s, co s ts, or ex pense s o f whate, ·e r kind , includin g reasonable att or nc · s' f ees (co llc c ti \ · c :; l · , " Losse s"), i . n currc<l o r , ; u s t a in cd b - , or impos e d upon , th e 13 u yc r l n cl c .: mJ 1 ic cc : s based up o n, aris in g out of, or w ith re s pe c t to : (a) a 1 w inaccurac y in or breach of an y o f rhe representati o n s o r warranti es of Se ll e r co ntain e d in thi :; . · \ grecment, a n y o ther T ransaction D oc ument , o r a n y sc h e dule , ce rtificate , or exhibit related t h ereto, as o f t h e date such repre se ntation or warranty wa s made o r a s if s uch represc : nrar . ion o r warra nt y wa s made on and as of t he Clos in g Dat e (exce pt for r e pre senr . ations 10

 10 
 

and ,,·arranties that expressly relate to a spec ified <late, the inaccuracy in or breach of which 11 ,,·ill be determined ,,·ith reference ro such s pe cified da t e); · (b) ny breach or n o n - fulfillmcnr of any coYenant, agreeme nt , or obligacion to be pcrfom 1 ed by Sel l r pur sua nt r _o . rh 1 s , \ grcemcnt, any other T ran saction Document, o r any schedule, certtficatc, or exh 1 h 1 t related thereto ; (c) any xclu ded . \ sset or any Excluded Liability; or (d) any Thi r d P arry C l aim ba:;cd upon, resulring from, or arising out of rhe business, operations, properties, assets, or obligatio n s of Se ll er or any of irs Affiliates (othe r than the Pur c ha sed • ssets or : \ ssumed ( - iab ilirie s) conducted, existing, or ar i sing on or prior to the Clos i ng Date. ! ·o r purposes of tlu s 1 \ grecmenr, " Third Party Claim " m ean notice of the assertion or commencement of any . \ cti o n made or brought by any Per son who i s not a part y to thi s Agreement or an Af filiat e of a part y to thi s Agreement or a R epresentatiYe of the fo egoing . Section 6 . 02 Indemnification by Buyer . Subjec t ro th e otl 1 er te rm s and conditions of this . \ niclc \ · 1 , Buyer shall indemnify and de fend each of Se ll er and irs 1 \ ffiliares and their respecti, · e Repre sentatives ( collcctiYcly, the " Seller Indemnitees ") against, and s h all hold eac h of them harmle ss from and agaimt any and all Losses incurred or sustained by, or imposed upon, th e Seller lnd emnirees based up o n, arisi n g out of, or with respect ro : ( a ) any inaccuracy in o r breach of a n y of the representations or warranties of Bu,·er contai n ed in this . \ greement, a n y other Transaction Document, or any schedule, ccrtificarc , o r e xhib ir n .: latc : d thereto, a : s of rhc date such rc : prcscntarjon or ,varranr - wa : s m . adc or a : - - if such representation or warranry was made on and as of rhe Closing Dare ( except for representations and ,varranties thar expre % l · rdate to a specified <late, the inaccuracy in or breach of ,vhich ,, · ill be determined with reference to s uch s p ecified date) ; 0> ) an y breach or non - fulfillment of any co, · enant, agreement, or obligation robe performed b Bu yer p ursua nt to chis . \ greemcnt ; or ( c ) any . \ s sumcd I .iabilicy. S ect ion 6 . 03 Indemnification Proc e dur es . Whene,·er any cl aim shall arise for indemnification hcrcumkr, the parry entitled to indemnification ( the " Ind e mnified Party " ) shall promptly prm·ide written not i ce of such claim to the other parry ( the " Indemnifying Party " ) . In co nne ction \ \ ith an · clnim gi, · i ng i - isc ro i ndemniry h ereunder resulting from or a ri sing our of any . \ crion by a Per s on ,vho is not a p arty ro this , \ grccmcnt, th e In demnifying Parr y , ar its sole cosr and expense .: a nd upon ,,Titren notice to the ln<lemnified Parry, may assume the defense of an - s uch . \ ctio , n , · ith counsel reasonably sati facrory ro the ]nd emnified Par ry . The 1 n<lemn _ ificd Parry s h a ll be entitled to participate in the defense of any such , \ ct . ion, wirh its cou n sel and at its own cost and expense . I f the In demnifying P arty docs n ot assume the d efense of any such . \ ctio n , the I ndemnified Parry may, bur s h a ll not be obl i garcd to, defend against such . \ ction i . n such manner as it may deem appropriacc, includin g settli n g such , \ ction, after giY in g notice of it to the Indemnifying Pa . rty, on such terms a s the Indemnified Party may deem nppropriate and no action taken by the Indemn ifie d P arry i . n accordance .: with such defense and settlement shall rclie, · e t h e I ndemnifying Part · o f its indcmnification obligations herein prO \ · idc<lwirh respect to any damages n .: sul t ing ther efrom . The Ind emnifying Party s h a ll not settle any

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- \ ccion without tJ 1 e 1 n<lemnified P arty's pri or written consent ( which ccmsent s hall not be unr easo nab l y , \ · ithhcld or delayed ) . Section 6 . 05 Cumulative Rem ed ie s . The rights and remedies prm·idcd in this 1 \ rticle \ 'J arc cumulatiYc and arc in addition to and not in substitution fo r any other rights and remedies an . ilablc at la,v or in equity o r othetwise . ARTICLE VII Mi sce llaneou s Section 7 . 01 Expenses . , . - \ ll costs an<l expenses incw : re< l in connection with thi s . \ grecmcnt and the transactions contemplated hereby s hall be paid by tJ 1 c p arty i n curring such costs and expenses . Section 7 . 02 Notices . All notice s , claims, demands, and ot h er communications hcrcundcr s hall be in writing and s hall be deemed to have been giYen : (a) when deliYete<l by hand ( with written confirmation of receipt ) ; (b) when receiYcd by the addressee if se nt by a nationall y recognizcd o,·ernight courier ( receipt rcqucstcd) ; (c) on th e date sent by email of a PDF document (, , · ith confirmat i o n of trans mis sio n ) if sent during normal business hours of the recipient , and on the ne : xr business day i f se n t after normal business hours of the recipient, or ( d ) on the third da · after the date mailed, by certified or registered mail , return receipt requested, postage prepa i d . Such commu ni cations mu st be sent to the re s pecti, - c parties at the following addresses (o r at such other address for a parry as shall be specified in a n oti ce gi \ ·en in accordance ,v - - ith this 0 ) : 12 If to Seller: , \ ddrcss: Fmail : . \ ttcntio n: . \ nrhony Tejada \ Vith a copy to: Ifto Buy er: with a copy to: : \ ddrcs s : E mail: . \ teen tion: 2311 E. L ocus r Court, Ontario, C \ Email: ***@*** A.trention: D es h cng \ Vang 18818 Teller . \ vc. , Sui te 115, ln ·i ne, C. \ 92612 Email: gbradshaw@wbc - law.com . \ ttention: Gilben Bradshaw Section 7 . 03 Int e rpr e t a tion ; Headings . Thi s . \ grccmcnt sha ll be com trued without regard to any pre s umption or rule re c 1 u irin g construction or interpretation against the party drafting an instrument o r causing any i . nstrutnc n t to be draft ed . The h eadi n g!" i . n thi s . \ g rccmcnt arc for reference o nl y and shall nor affe ct the int cr pn : tatio n of this : \ greement . Section 7 . 04 Severability . lf any term or proYision o f thi s . \ gn : cment is i . nYalid , illegaL or unenforceable in any jurisdiction, such invalidity, illegalit y, or um : nforceabi lir y :; hall not affect any other term o r pro, - ision of this , \ grecmcnt .

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Se c ti o n 7 . 0 5 E ntir e Ag r e em e n t . This_ \ g re c m cnr and the oth er Transaction Document s constitute the so le and entire agreement of tl, e parties to chis : \ greement witl, r espect to t he subject matter contained herein and tl , erein, and s u pers ede all prior and contemporaneous unc . krstandin gs and agreements, both \ vritten a nd ora l, with r es p ect to s uch su bject matter . In the e, - enc of any inc o n s i s tenc y bern - cen tl 1 e sta t e ment s i n the b o d y of this . i \ grecmcnr and those i n the o th e r Tran sact ion D ocume nt s, and rht : Exhi bit s, the statements in t h e body of this . \ grcc ment will contro l . S e c tion 7 . 06 S ucc e s s or s a nd As s igns . Thi s r \ gree menr s hall be binding up o n and shall inure to thebe n efit of the parties hereto and their respective successo rs and p erm itted assigns . ' either parry may assign its rights or obligations h ere under withou t the prior written consenr of tl 1 c otl,er part y, ,vhich consent shall not b e unreasonably withheld or delayed . : \ n y purp o rted assignment in Yiolation of this Sectio n sha ll be nu ll and , - o id . Noassignment s hall relic \ ·e the ass igning part y of any of it s o bligations hereunder . Se c ti o n 7 . 07 Am e ndm e nt a nd M o difi ca tion ; Wai v er . Th . i s . \ gr ccrn e m may o nly be amended, modified, o r s upplemented b · a n agreement in writing signed by eac h party h e r eto . ; o \ \ "ain, : r by any part y of any of the pro \ · i s i o ns hereof s ha ll be cffectiYe u n . lcs s ex p l icitly set form in ,, - riting and s i gne d by the parr y so wai,· - i . ng . c • o failure to exercise, or delay in exe rci s in g, any right or remedy ar i ing from thi s, \ greemenr sha lJ operate or be construed as a wai, ·cr thereof ; nor shalJ any s ingle or partial ex e rcise of any ri g ht o r r e med y h ereunder pr e clude any o ther or further exercise thereof o r rhc exercise of an · o th er ri g ht or remedy . S ec ti o n 7 . 0 8 G o v e rnin g Law ; Submi ss ion t o Juri s di c ti o n ; Wai ve r o f Jury Tri a l . (a) This . - \ grecm ent shall be go , ·ernc d by and co n str ued i .. n a ccor d ance with rh c int erna l law s of the S tar e of Califo rnia without gi,·ing eff ect t o a n - c h o ic e or co nflict of law pro, · ision or rule (w hether of the Stare o f Ca lifornia or any or h er jurisdiction ) . . \ nylegal suit, actio n , proceeding, o r dispute arising out of or related t o thi s . \ greemcm , t he o tl 1 er Tran sact . ion D ocume nt s, or the tran sact i o n s contemplated hereby or tlwr eby ma y be in stitute d in th e fed e ral co urt s of the L " nircd St ate s of . \ . mcric a or tJ 1 e courts of rhc Srace of California in each ca e locaccJ in the c in - of Ontario and county of Sa n Bernardin o, and each parr · i 1 - rc,·ocabh· submits t o die ex lusin : ju . risd . iction of s uch courts in any s u c h suit, : lc tio 11 , pro ceeding, or tlisputc . (b) J - :. \ CH P , \ R'l'Y . \ CK .! " \ lOW Ll DGE S . \ N D . \ GR l - : ES T H . \ T . \ '. \ '.Y CO>JTRO \ ' l ·'. RSY \ VH J C H ; - .. 1 . \ Y . - \ RlS E l"NDERTHI S . \ GREr ; - .. 11 : S : T OR T HI • : OTH ER TR . \ : \ "S . \ CTION DOCU,(E 1 TS 1 S Llh :. ELY TO l>JVOL VE COi \ I P LI C \ TED . \ ND DIFFTCLTI" ISSL " ES . \ ' . ' - iD, THEREFORE, E . V : H P . \ R T Y IRRE \ 'O C . \ BLY . \ ND l . ">JC : O>iDfTI 0 : ' - 1 . \ lJ . Y W . - \ I VFS, TO Tl I I • : FLT . LE S T EXTEKT PERi \ IlTfL · J) 13 Y . · \ PPLJC : \ BLE L \ W, . - \ : ' - JY RIGH T IT i \ L \ Y H . \ \ T . TO . \ TR I . \ J .. BY JL"l Y I . \ NY LE( ; _ . \ J, : \ CT 10 , PROCL L DING , C . \ C S E OF . \ CTIOK, OR COL . N TERCL . \ Evf . - \ RISIN( ; OL"T OF OR RI - J . . \ Tl N( ; TO Tl 11 S , \ G RI · : E? - . W T . T - : - ,,i C LL"DlNC . \ ? - : Y l XHII 3 TTS . \ D SC HU)L'L l •: S . \ Tf . \ CI !ED TO T H I S . \ GREEl \ Ir - : NT, THI OTHER TR . - \ : - J S . \ CT I ON DOC : L " 0 IE : - J T S, OR THE 1 ll .. \ i S . \ CT IOi \ S CON T U ' 1 PL . \ TED HFRFBY OR THFREBY . E . \ CH P . \ RTY CERTlFJES . \ l \ : D . \ CKN 0 \ ' \ , 1 ,E DGES TH . \ T : ( I ) NO RLPR l •: S l - : : \ !T . \ Tl \ ' 1 :: oi : THE OTHER P . \ RTY H . \ S R . 1 - J>JU : S I · : N"rE D , LXPRLSSLY 13 OR OTHERW I SE, Tl··L \ T THE OTHER P . \ RTY \ VOL'L D "t \ O T Sl - '.E K TOE i fORCF THE FOREGOING W . \ I \ ' L R l N THE E \ . E"t \ T or . \ Ll C. - \ J. . · \ C TT ON; (TT ) F . - \ C:H

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PARTY H AS C 0 1 S ID ERED TH E l IPLI C \ TIO S OF TH I S \ Xi , \ f \ 'E R ; ( III ) EACH PARTY t - . L - \ K ES T HI S W .: \ l \ TER K 1 ' - J OW I NGLY AN D VO L UN T . - \ RlLY ; r \ N D ( IV ) E . AC H P . \ RTY H AS R EE . 1 :: - - JDCCE D TO E t " TE R Ir TO THIS . \ G REE i \ Il : : N T BY , , \ I \ IO NG OTH E R THI NCS, THE J \ JL 1 T L . \ L W , - \ l V ER S . AND CERTIF I C . \ T I OK S I N THfS S J C fl Ol \ . Sec ti o n 7.09 Count e rparts. Thi s . \ greeme n t may b e executed in counterparts , eac h o hd1ich shall be d ee med a n origina l , but a lJ of which together s h a ll be deemed t o b e o n e and the s ame agre e ment. . \ s i g n ed cop y of t hi s Agreeme nt c k \ in '. n .: c.1 b y email o r oth e r mean s of cl ecu - o ni c tran s mi ssio n s h all be deemed to ha Ye the same legal effect as d e fo · ery of an origina l signed copy of this . \ grccmcnt. 14

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1 : - .i \ \ T E \ JES. \ ' 0 - - l fl{EOF, th e parties hereto hm·e caused th.is , \ grcemenr t o be execu t ed as of t h e: dare fir s t \ \ 'rittc n abm·e by their rcspecti,·c officers thereunto duly authorized. ANTHONY TE J EDA, d.b.a AT TECH S ys tem s FO C US U NIVERSAL IN C. B) ' uJ? 15 amc: Dcsheng \ X ' ang Tide: C h ief Exccutin : Officer

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