Cyberlux Corp (CYBL)

[mick]

Terms:valued at $0.09 to Digital Automation Solutions,

Terms:https://www.otcmarkets.com/otcapi/company/financial-report/346648/content

1. Cyberlux will issue 200,000,000 shares of restricted common stock valued at $0.09 to Digital Automation Solutions,
LLC once certain software development, technology implementation and business milestones are achieved.
2. Cyberlux will pay Digital Automation Solution up to $2,250,000 in cash based on certain business result achievements,
with $375,000 in March of 2022 for the initial Q1 2022 Plan achievement and results, and certain success payments
based on results versus the September 2022 Plan, the March 2023 Plan, the September 2023 Plan and then the March
2023 Plan, contingent on the achievement of certain business milestones and result against the 2022 Plan and the 2023
Plan for revenue, profit and product objectives.
3. Cyberlux established an additional 100,000,000 shares of restricted common stock as Management incentive shares
valued at $0.09, $0.15, and $0.29 for achievement of specific business results during 2022, 2023 and 2024.
5. Cyberlux acquired 100% of Digital Automation Solutions, LLC, including its assets, intellectual property, software
technology capabilities, and industry know-how.
Catalyst Machineworks, LLC
On March 30, 2022, Cyberlux Corporation announced the Company acquired 100% of Catalyst Machineworks, LLC (CMW)
in a transaction comprised of both investment capital and a three year earn-out of shares of common stock with an expected
value between $0.05 and $0.25, with the cash component being paid out over an eighteen month investment cycle, including